Mold-Tek Packaging Ltd
NSE:MOLDTKPAC
Mold-Tek Packaging Ltd
Mold Tek Packaging Ltd. engages in the manufacture of plastic packaging containers. The company is headquartered in Hyderabad, Telangana. The company went IPO on 2015-02-23. The firm manufactures rigid plastic packaging containers through injection molding technology for paints, lubes, oils, food, fast-moving consumer goods and other sectors. The Company’s products include Boxes and cardboard boxes, Pallet wrap and stretch film, Packaging, tapes, Bubble wrap, Void fill and cushioning, Cardboard rolls and sheets, Polythene and paper bags, Polythene rolls and tubing, Postal packaging, Paper sheets and rolls, Layer pads and sheets, Foam protection, Heat, shrink and vacuum, Strapping, ties and bands, Chilled packaging, Food packaging, Gift packaging, Silica gel, Pack room equipment, Staples and glue, Labels, Pallets, Environmental and Protective equipment. The firm decorates products using technologies, including in-mold labeling, heat transfer labeling and screen printing. Its wholly owned subsidiary is Mold-Tek Packaging FZE, UAE.
Mold Tek Packaging Ltd. engages in the manufacture of plastic packaging containers. The company is headquartered in Hyderabad, Telangana. The company went IPO on 2015-02-23. The firm manufactures rigid plastic packaging containers through injection molding technology for paints, lubes, oils, food, fast-moving consumer goods and other sectors. The Company’s products include Boxes and cardboard boxes, Pallet wrap and stretch film, Packaging, tapes, Bubble wrap, Void fill and cushioning, Cardboard rolls and sheets, Polythene and paper bags, Polythene rolls and tubing, Postal packaging, Paper sheets and rolls, Layer pads and sheets, Foam protection, Heat, shrink and vacuum, Strapping, ties and bands, Chilled packaging, Food packaging, Gift packaging, Silica gel, Pack room equipment, Staples and glue, Labels, Pallets, Environmental and Protective equipment. The firm decorates products using technologies, including in-mold labeling, heat transfer labeling and screen printing. Its wholly owned subsidiary is Mold-Tek Packaging FZE, UAE.
Growth Momentum: EBITDA grew nearly 20% and sales rose about 12% for the 9 months year-on-year, with Q3 showing 14% EBITDA growth and 6% volume growth.
Seasonal Trends: Management reaffirmed that Q3 is traditionally the weakest quarter but reported strong order books and expects a return to 12%–15% volume growth in Q4 and Q1.
Operational Efficiency: Consolidation of Hyderabad manufacturing units from five to two is completed, expected to improve cost control and efficiency from next quarter.
Pharma Expansion: Pharma segment expects to achieve INR 35 crore revenue for FY, with next year’s target raised to INR 50–55 crore (40%–45% growth); strong client feedback and audits.
Guidance Update: FY revenue expected to close at INR 870 crore, with a target to cross INR 1,000 crore next year (~13–14% growth). EBITDA projected at INR 170 crore for FY, targeting INR 200–210 crore next year.
Lubes Weakness: Lubricant segment volumes declined (–10% in Q3; –6–7% over 9 months) due to loss of BPCL tender and avoidance of low-margin business; recovery expected from new private clients.
CapEx Outlook: CapEx is trending down: INR 140 crore last year, INR 120 crore this year, and guided INR 80–85 crore next year, focused mainly on pharma expansion.
New Partnerships: MOUs signed with Vibe Generation (innovative closures, pilot launches soon) and Swiggy (preferred vendor for food packaging), with both seen as long-term opportunities.
