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Markolines Traffic Controls bags biggest ever work order worth Rs 325 crore

22 Aug 2022 Evaluate

Markolines Traffic Controls has received its biggest ever work order till date which is worth Rs 325 crore (excluding GST), from Gayatri - Cresent (JV) for the construction of a new 6 lane Tunnel in the Khambataki Ghat Section including approaches for the Pune - Satara Section of NH 4 in the State of Maharashtra under NHDP Phase -V on EPC mode. This contract is executable over 18-24 months and adds to existing unexecuted order book, taking total unexecuted order book to Rs 594 crore.

In FY22 company delivered a revenue of Rs 187 crore. This order is 1.75 times FY22 revenue and post this order, the order book at Rs 594 crore is 3.18 times FY22 revenue, executable over a period of about 2 years. Tunnel construction is another specialized area added to array of services & has only a few players with huge potential in the coming years in India.

Markolines Traffic Controls is a Highway Operations & Maintenance (O&M) Service providing company.

Markolines Pave Tech Share Price

151.75 1.55 (1.03%)
17-Apr-2026 16:59 View Price Chart
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