It has received two Letters of Acceptance-cum-Work Orders from Brihanmumbai Municipal Corporation (BMC) for…
As filed · Markolines Pavement Technologies Limited ( the Company ) is pleased to inform that it has received two Letters of Acceptance-cum-Work Orders from Brihanmumbai Municipal Corporation (BMC) for undertaki
What happened
FactIt has received two Letters of Acceptance-cum-Work Orders from Brihanmumbai Municipal Corporation (BMC) for undertaking microsurfacing works on the Eastern Express Highway and Western Express Highway, Mumbai, aggregating to ₹135.20 Crores.The detailed disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is enclosed herewith. Work Orders from Brihanmumbai Municipal Corporation ("BMC"), aggregating to Rs.…
Why it matters
CapitSignal interpretationAn order converts to revenue over its execution period, so its size relative to existing revenue decides whether it changes the trajectory or is routine flow.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Order Book
Revisedwe are already are at an L1 position on an Rs. 120 crore contracts.
we are working on Rs. 300 to Rs. 500 crore worth a single project.
Change
FactImplication
CapitSignal interpretationOrder Book
Revisedwe are working on Rs. 300 to Rs. 500 crore worth a single project.
that combinedly gives us an active pipeline of Rs. 2000 crores.
Change
FactImplication
CapitSignal interpretationMargins
Withdrawnour aim when we started was also the same to increase our bottom line by 1% from where we were and we are inching towards it slowly.
we can expect, but yes, now the growth is going to come from the volumes, not the percentage.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Execution period stated in the order
- Whether the order book total is disclosed
- Margin commentary at the next results
- we are definitely expecting that by end of this financial year, we should be a merged entity. (management committed by FY27)
- we are expecting about 90% of an average monsoon this year as per the IMD's announcement. (management committed by FY27)
Evidence
- Markolines Pavement Technologies Limited ( the Company ) is pleased to inform that it has received two Letters of Acceptance-cum-Work Orders from Brihanmumbai Municipal Corporation (BMC) for undertaking microsurfacing works on the Eastern Express Highway and Western Express Highway, Mumbai, aggregating to ₹135.20 Crores.The detailed disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is enclosed herewith.(opens the original filing in a new tab)
- Earlier statement · Q4 FY26
- Latest statement · Q4 FY26
- Earlier statement · Q4 FY26
- Latest statement · Q4 FY26
- Earlier statement · Q4 FY26
- Latest statement · Q4 FY26
How CapitSignal classified this
- Reasoning:
- ORDER_WIN base 58; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%