Markolines Pavement Technologies (BOM:543364) Operating Income: ₹340 Mil (TTM As of Jun. 2026)

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BOM:543364 Markolines Pavement Technologies Ltd BOM:543364
87 GF Score
Price ₹169.90
GF Value ₹167.81
Valuation Fairly Valued
! 7 Warning Signs
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What is Markolines Pavement Technologies Operating Income?

Markolines Pavement Technologies BOM:543364 -1.74% 87 Operating Income is ₹340 Mil as of Jun. 2026. GuruFocus rates BOM:543364 with a GF Score™ of 87/100 and a GF Value™ of ₹167.81 (Fairly Valued). The stock has 7 warning signs investors should review.

Markolines Pavement Technologies's Operating Income for the three months ended in Jun. 2026 was ₹60 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was ₹340 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Markolines Pavement Technologies's Operating Income for the three months ended in Jun. 2026 was ₹60 Mil. Markolines Pavement Technologies's Revenue for the three months ended in Jun. 2026 was ₹759 Mil. Therefore, Markolines Pavement Technologies's Operating Margin % for the quarter that ended in Jun. 2026 was 7.93%.

Good Sign:

Markolines Pavement Technologies Ltd operating margin is expanding. Margin expansion is usually a good sign.

Markolines Pavement Technologies's 5-Year average Growth Rate for Operating Margin % was 6.30% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Markolines Pavement Technologies's annualized ROC % for the quarter that ended in Jun. 2026 was 6.23%. Markolines Pavement Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 21.42%.

Markolines Pavement Technologies  (BOM:543364) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Markolines Pavement Technologies's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=240.64 * ( 1 - 20.786% )/( (3057.633 + 0)/ 1 )
=190.6205696/3057.633
=6.23 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3392.727 - 316.815 - ( 18.279 - max(0, 1261.068 - 2116.478+18.279))
=3057.633

Invested Capital(Q: Jun. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - 0 - ( - max(0, - +))
=0

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Markolines Pavement Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=310.768/( ( (330.775 + max(1119.732, 0)) + ( + max(0, 0)) )/ 1 )
=310.768/( ( 1450.507 + 0 )/ 1 )
=310.768/1450.507
=21.42 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1435.045 + 80.742 + 103.855) - (316.815 + 2.073 + 181.022)
=1119.732

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=( + 0 + ) - (0 + 0 + )
=0

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Markolines Pavement Technologies's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=60.16/758.622
=7.93 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.

Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.

Markolines Pavement Technologies Operating Income Related Terms

Markolines Pavement Technologies Operating Income Historical Data

* Premium members only.

The historical data trend for Markolines Pavement Technologies's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Markolines Pavement Technologies Operating Income Chart

Markolines Pavement Technologies Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial 201.29 250.53 275.37 311.81 339.38

Markolines Pavement Technologies Quarterly Data
Jun25 Sep25 Dec25 Mar26 Jun26
Operating Income 42.50 54.07 82.17 143.27 60.16
BOM:543364
87GF Score
Markolines Pavement Technologies Ltd BOM:543364
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Markolines Pavement Technologies Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹340 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of ₹340 Mil mean?
Markolines Pavement Technologies (BOM:543364) has a Operating Income of ₹340 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Markolines Pavement Technologies and its competitors.
Is Markolines Pavement Technologies' Operating Income too high?
Markolines Pavement Technologies' current Operating Income is ₹340 Mil. Overall, Markolines Pavement Technologies has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Markolines Pavement Technologies' Operating Income compare to competitors?
Markolines Pavement Technologies' Operating Income of ₹340 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Construction company?
A good Operating Income depends on the Construction industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Markolines Pavement Technologies and its competitors. Markolines Pavement Technologies's current Operating Income is ₹340 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Markolines Pavement Technologies stock overvalued right now?
Based on GuruFocus' analysis, Markolines Pavement Technologies (BOM:543364) is currently considered Fairly Valued. The stock's GF Value™ is ₹167.81, compared to a current price of ₹169.90 — trading 1.2% above its estimated fair value. The current Operating Income is ₹340 Mil. Markolines Pavement Technologies' overall GF Score™ is 87/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Markolines Pavement Technologies (BOM:543364), the current Operating Income is ₹340 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Markolines Pavement Technologies (BOM:543364) Overvalued in 2026?

Based on GuruFocus' analysis, Markolines Pavement Technologies stock appears to be overvalued. The current stock price of ₹169.90 is trading 1.2% above its estimated GF Value™ of ₹167.81. GuruFocus considers Markolines Pavement Technologies to be Fairly Valued.

Key valuation signals for BOM:543364:

  • Operating Income: ₹340 Mil
  • GF Value™: ₹167.81 vs. price of ₹169.90 (1.2% above fair value)
  • GF Score™: 87/100 with 7 warning signs

No single metric tells the full story. See the BOM:543364 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Markolines Pavement Technologies Business Description

Other Exchanges MARKOLINES:India
Address Shree Nand Dham, 6th Floor, Wing-A, Sector-11, CBD Belapur, Navi Mumbai, MH, IND, 400614
Markolines Pavement Technologies Ltd is a highway operation and maintenance service providing company. Its operations are mainly divided into Highway Operations which include toll operations, route patrolling, and incident management; the Highway Maintenance division includes routine maintenance, preventive maintenance, and maintenance and repairs and whereas the specialized Maintenance Services include micro-surfacing, Base Stabilization, and cold in-place recycling.
87GF Score

Get the complete analysis for BOM:543364

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹169.90
Price
₹167.81
GF Value