The evidence leans constructive4 supporting, 0 against, 2 worth knowing
Supporting
trading 6% above its 200-day average
up 2% over twelve months
matches profit on paper, not in cash, which has beaten the market by +1.99 points over 20 sessions across 3,884 past signals
3 independent kinds of evidence agree today, which is uncommon
Against
nothing the data supports either way
Worth knowing
the 50-day and 200-day averages disagree, which usually means a turn in progress rather than a trend to lean on
revenue grew 4% year on year in the quarter ending 30 June 2026
What would change this read: a close below 161, its 200-day average.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.
What is working, what is not
from the filings and from the price, with the figure behind every line
Working4
Net profit rose 15.1% year on year, from Rs 4 cr to Rs 4 cr.
+15.1%Rs 4 crRs 4 cr
Profit grew faster than revenue, +15.1% against +4.3%.
+15.1%+4.3%
Trading 6.3% above its 200-day average, which is the line most investors use to separate a bull phase from a bear one.
+6.3%
3 different kinds of evidence point at it tonight, not 3 versions of the same one.
3 families
Needs watching3
Operating cash flow was only Rs 6 cr against Rs 27 cr of reported profit, 23% of it.
Rs 6 crRs 27 cr23%
Major Maintenance(MMR) accounts for 67% of segment revenue.
Major Maintenance(MMR)67%
Only Rs 3.6 crore changes hands on a median day. A large order moves this price by itself.
Rs 3.6 cr
Every figure here is computed — from the company’s own filings, or from its own closing prices. Wording of 4 of these 4 filing lines was drafted by a language model, which is given the figures and may not introduce another — any sentence containing a number that did not come from the filings is discarded before it reaches this page.
How it has performed
price return over each window, beside the median NSE stock over the same days
What the scans say today
3 of 47 matched on 10 Sep
MARKOLINES matches 3 of the 47 scans today, across 3 different kinds of evidence. Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses.
segments and revenue mix, as the company reports them
MARKOLINES reports 2 business segments. The largest is Major Maintenance(MMR) at 69% of revenue in the quarter ending 30 June 2026.
SegmentRevenueSharevs a year ago
Major Maintenance(MMR)52 cr68.7%—
Specialised Construction24 cr31.3%—
Segment names are the company’s own, taken verbatim from the reportable-segment disclosure in its quarterly XBRL filing. Nothing on this page describes the business in words we wrote.
Quality of the business
balance sheet as at 31 March 2026
Return on equity
13.1%
trailing profit over shareholders’ funds
Return on capital
12.1%
pre-tax profit over equity plus borrowings
Debt to equity
0.43×
86 cr borrowed against 203 cr of equity
Net debt
84 cr
borrowings less cash
Cash conversion
23%
operating cash flow as a share of profit
Receivable days
149
how long customers take to pay
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.
Valuation against its own history
77 sessions since 27 May 2026
14×
median 15×
15×
now 14×
MARKOLINES trades at 14× trailing earnings, close to its median of 15× over this window. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.
Management filings were typically +0.06pt vs the market over the next 5 sessions (n=2,634) · Board meeting filings were typically +0.02pt vs the market over the next 5 sessions (n=6,172) · Other filing filings were typically +0.01pt vs the market over the next 5 sessions (n=17,202)
The business
from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.
Going for it
revenue grew 4% against the same quarter a year earlier
profit rose 15% year on year
revenue rose in 3 of the last 4 quarters
Going against it
net margin narrowed from 10.8% to 5.7%
Quarter-by-quarter numbers, as filed
Quarter
Revenue
Profit before tax
Net profit
EPS
Net margin
Q1 FY27
30 Jun · consolidated
76
6
4
1.96
5.7%
Q4 FY26
31 Mar · consolidated
105
15
11
5.15
10.8%
Q3 FY26
31 Dec · consolidated
93
8
7
3.33
7.3%
Q2 FY26
30 Sep · consolidated
78
6
4
1.70
5.3%
Q1 FY26
30 Jun · consolidated
73
5
4
1.72
5.2%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.
Where the price stands
the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average-1.4%
Versus 200-day average+6.3%
Below 52-week high-9.0%
Above 52-week low+28.2%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)49.6
Higher closes in last 53 of 5
Six-month return+10.24%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.