Mold-Tek Packaging Ltd.

NSE: MOLDTKPAC | BSE: 533080 | ISIN: INE893J01029 |Industry: Containers & Packaging
|Expensive Performer
274.00 -2.60 (-0.94%)
NSE Oct 20, 2020 13:34 PM
Volume: 25,313
 

Mold-Tek Packaging Ltd.    
03 Aug 2020
274.00
-0.94%
Prabhudas Lilladhar
Mold Tek Packaging Gradual recovery already set in Moldtek Packaging (MTEP) Q1 results were a surprise. While management had guided losses in Q1, company reported marginal profits of Rs 16m due to sharper than expected recovery (June cu at 42% v/s 35% expected earlier). Revenues de-grew 43.7% on back of 41%/4% decline in volume/realisation. EBITDA/kg fell 24% to Rs 24.5. EBITDAM contracted 450bps YoY to 13.9% largely due to lower fixed cost absorption. PAT decline was sharper at...
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Promoters pledge reduced to 3.26% of holdings in Sep 2020 qtr.
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