Mold-tek Packaging Ltd. (MTPL) reported mixed set of numbers in Q1FY27. The company reported net sales higher than our estimate; however, margins were below our forecast. MTPL reported 6.2% YoY growth in sales volume at 12089MT, while NSR was up by healthy 17.6% over Q1FY26 to Rs249/Kg. Despite higher sales growth, EBITDA margin eroded by 86bps YoY to 18.6% due to inflationary raw material prices. The company reported net sales of Rs3bn, up 24.9% YoY, while EBITDA came in at Rs0.56bn, higher by 19.4% over Q1FY26. The profit...