StockWatch
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Civil Construction
Deals5 Nov 2026, 10:58 am

Markolines Pavement Technologies Wins ₹135.20 Cr BMC Work Orders

AI Summary

Markolines Pavement Technologies Ltd. has secured two work orders from the Brihanmumbai Municipal Corporation (BMC) totaling ₹135.20 crore (inclusive of GST). The contracts involve microsurfacing and resurfacing of key Mumbai road networks, specifically the Eastern Express Highway (₹63.23 crore) and Western Express Highway (₹71.97 crore). This achievement strengthens the company's position in the highway operations and maintenance sector. With these new orders, Markolines' unexecuted order book now stands at ₹624.22 crore, providing significant business visibility and a foundation for future growth. The company aims for efficient project execution and sustainable business performance.

Key Highlights

  • Secured two work orders from BMC worth ₹135.20 crore.
  • Contracts cover resurfacing of Eastern and Western Express Highways.
  • Unexecuted order book reaches ₹624.22 crore.
  • Strengthens company's position in highway O&M segment.
  • Focus on efficient execution and sustainable growth.