MARKOLINES
FAIRLY_VALUEDMarkolines Pavement Technologies Limited
IT · NSE
↑ 63.6% vs fair value
52W Low
₹132
+17.0% from low
52W High
₹188
-18.1% from high
Valuation Gauge
Current Price
₹154
Fair Value
₹424
Fair Value Analysis
₹424
Based on earnings growth potential for IT sector companies | Sector-cheap: P/E at 14th percentile vs sector peers. | CAUTION: ROCE declining (latest 15.8%) — returns on capital are falling; verify this isn't a value trap. | Growth capped at 17.1% (ROE 14.9%×1.15) — historical CAGR exceeds sustainable rate or COVID period unverifiable.
Growth Valuation
100% weight
Price vs Market
Shareholding Pattern
Stock Health Score
Financially Healthy
Profitability
ROE of 14.9% is acceptable for IT sector (benchmark: 20%)
Debt & Leverage
D/E ratio of 0.3x is well within the IT sector norm of 0.8x — strong balance sheet
Valuation vs Peers
P/E of 11.9x trades at a 78% discount to IT sector median (53x) — attractively valued
Cash Flow
Negative FCF of ₹-46 Cr — company is consuming more cash than it generates
Earnings Growth
5yr EPS CAGR of 30.7% is well above the IT sector average of 14.2% — strong growth
Dividend
No dividend — typical for growth-stage companies
Sentiment Trend — Last 30 Days
Historical Returns
Key Ratios & Growth
FCF Yield
-15.4%
Free cash flow / market cap
Revenue Growth (YoY)
+16.1%
Year-on-year revenue change
Profit Growth (YoY)
+11.3%
Year-on-year PAT change
Operating Cash Flow
₹-36 Cr
TTM cash from operations
Key Financials
EPS (TTM)
₹12.3
P/E Ratio
11.9x
P/B Ratio
1.8x
ROE
14.9%
ROCE
19.6%
Debt / Equity
0.33x
Beta
-0.31
Div Yield
—
FCF (Cr)
₹-46 Cr
Revenue (Cr)
₹307 Cr
EPS Growth 5Y
30.7%
Mkt Cap (Cr)
₹326 Cr
52W High
₹188
52W Low
₹131.7
Book Value/Share
₹82.7
Financial History
| Period | Revenue | Op Profit | OPM% | PAT | EPS |
|---|---|---|---|---|---|
| TTM | ₹365 Cr | ₹44 Cr | 12.0% | ₹27 Cr | ₹12.34 |
| 2025-03-31 | ₹306 Cr | ₹38 Cr | 12.0% | ₹23 Cr | ₹10.25 |
| 2024-03-31 | ₹347 Cr | ₹32 Cr | 9.0% | ₹17 Cr | ₹7.83 |
| 2023-03-31 | ₹312 Cr | ₹28 Cr | 9.0% | ₹16 Cr | ₹7.13 |
| 2022-03-31 | ₹187 Cr | ₹23 Cr | 12.0% | ₹10 Cr | ₹4.57 |
Compounded Growth Rates
Sales Growth
Profit Growth
EPS Growth
Peer Comparison
IT| Stock | Price | Fair Value | MoS% | P/E | ROE | Signal |
|---|---|---|---|---|---|---|
Dolat Algotech Limited | ₹72 | ₹550.4 | +86.9% | 10.3 | 20.4% | UNDERVALUED |
Ceinsys Tech Limited | ₹995 | ₹4,355.2 | +77.2% | 16.5 | 25.5% | UNDERVALUED |
Shilchar Technologies Limited | ₹4,058.1 | ₹14,624.9 | +72.3% | 24.6 | 43.9% | UNDERVALUED |
Kellton Tech Solutions Limited | ₹15.2 | ₹50.5 | +70.0% | 8.7 | 12.7% | UNDERVALUED |
Onward Technologies Limited | ₹232 | ₹669.5 | +65.3% | 11.6 | 19.3% | UNDERVALUED |
Radhika Jeweltech Limited | ₹57.9 | ₹159.1 | +63.6% | 8.3 | 18.7% | UNDERVALUED |
Cigniti Technologies Limited | ₹1,202.5 | ₹2,990.5 | +59.8% | 11 | 26.8% | UNDERVALUED |
Ducon Infratechnologies Limited | ₹3.3 | ₹6.6 | +49.2% | 7.7 | 10.1% | UNDERVALUED |
Institutional Activity
Bulk deals, block deals, short selling & delivery volume — NSE data
Insider Trading
Community Pulse
Company Documents
Annual reports, concall transcripts & regulatory filings
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