Mold-Tek Packaging Ltd.    
03 Aug 2020
258.00
-0.50%
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.
Mold-Tek Packaging Ltd.    
03 Aug 2020
258.00
-0.50%
Axis Direct
Mold-Tek Packaging (MTEP) reported numbers beat all our estimates owing to better than expected traction in demand in June 2020 from across sectros like Paints, Lubes and F&F.; Net Sales at Rs.65cr down 44% YoY (Rs. 32cr our estim) as operations across segments were hit for month of April
Mold-Tek Packaging Ltd. is trading above it's 200 day SMA of 233.7
Mold-Tek Packaging Ltd.    
01 Aug 2020
258.00
-0.50%
Nirmal Bang Institutional
Mold-Tek Packagings (MTEP) 1QFY21 operational performance was better than our estimates. Edible oil, ghee packs & other dairy products witnessed good growth whereas the rest of the portfolio witnessed a sharp decline on account of the lockdown. 1QFY21 capacity utilization stood at 42%, while the management has highlighted that in July-20, MTEP has achieved ~70% capacity utilization. Revenue decline in F&F; was lower at ~28% YoY compared to other segments, leading to significant improvement in the revenue mix. As a result, gross margin expanded by ~170bps YoY. Within F&F;, while edible oil, ghee...
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Promoters pledge reduced to 3.26% of holdings in Sep 2020 qtr.
Mold-Tek Packaging Ltd.    
12 Jun 2020
258.00
-0.50%

Result Update:Mold-Tek Pack.

buy
Axis Direct
Mold-Tek Packaging (MTEP) reported an marginally better performance versus our estimates but underperformed our EBITDA Margin expectation owing to weak operating leverage caused by the lockdown and higher fixed costs.
Mold-Tek Packaging Ltd. is trading above it's 200 day SMA of 233.7
Mold-Tek Packaging Ltd.    
08 Jun 2020
258.00
-0.50%
Nirmal Bang Institutional
We are re-initiating coverage on Mold-Tek Packaging (MTEP), which is a leading player in rigid plastic packaging and is the only backward integrated In-mold Labeling (IML) player in India. Packaging is a commoditized business on account of lack of bargaining power at both supplier (mainly RIL) and clients' (industry leaders like HUL, Asian Paints, P&G; etc) end. However, pioneering IML with superior execution and consistent orders from marquee clients has enabled MTEP to stay ahead of the curve. Transformation from a polymer converter to an integrated IML player led to a stock rerating around 6 years back and we believe faster growth in F&F; can further re-rate the stock. F&F; contribution has increased from ~6% in FY16 to ~23% in FY20 & we expect it...
Mold-Tek Packaging Ltd. is trading above it's 200 day SMA of 233.7
Mold-Tek Packaging Ltd.    
07 May 2020
258.00
-0.50%
Geojit BNP Paribas
Mold-Tek Packaging Ltd (MTEP), one of leading manufacturers' and suppliers of high quality airtight and pilfer proof containers/pails in India for Paints, Lubricants, Food and FMCG. Given near term impact on account of lockdown due to spread of...
Mold-Tek Packaging Ltd. has gained 45.39% in the last 6 Months
Mold-Tek Packaging Ltd.    
17 Feb 2020
258.00
-0.50%
Axis Direct
Mold-Tek Packaging (MTEP) Q3FY20 print was in-line with our estimates. However, on margin front it beat our estimates. Revenue growth at 2% was flat (dragged by lower RM prices) despite 8% volume growth (aided by new plants for Asian Paints 11% vols growth).
Mold-Tek Packaging Ltd. has gained 45.39% in the last 6 Months
Mold-Tek Packaging Ltd.    
29 Jan 2020
258.00
-0.50%
IDBI Capital
Mold-tek packaging Ltd.'s (MPL) Q3FY20 result was marred by overall demand slowdown. Further, decline in raw material prices were passed on to the clients, which dented net sales. Net sales stood at Rs1,007 mn (+2% YoY) driven by 8.2% YoY volume growth. EBITDA came in at Rs187 mn (+10.8% YoY). Softness in raw material prices supported EBITDA margin which expanded by 127bps YoY to 18.6%. The company reported...
Mold-Tek Packaging Ltd. is trading below it's 30 day SMA of 279.4
Mold-Tek Packaging Ltd.    
28 Jan 2020
258.00
-0.50%
Prabhudas Lilladhar
MTEP reported lower topline growth primarily due to slowdown in paint industry. Revenues grew 5.0% YoY but de-grew 11.9% QoQ to Rs 1,007m. EBITDA stood at Rs 192m, up 11.2% YoY but lower 8.5% QoQ. Improvement in gross margins by 460bps YoY and 280bps QoQ due to benign crude prices, EBITDAM expanded 110bps YoY and 70bps QoQ to 19.1. EBITDA/kg was Rs 34.3. PAT grew marginally (1.9%) YoY but de-grew 16.2% QoQ to Rs 88m. EPS stood at Rs 3.2. Q3 Paint volumes stood at 2,894 tons up 12.4% YoY (due to additional volumes from Vizag & Mysuru) but de-grew 20.9% sequentially due to slowdown in the...
Mold-Tek Packaging Ltd. is trading above it's 200 day SMA of 233.7
Mold-Tek Packaging Ltd.    
04 Nov 2019
258.00
-0.50%
buy
Axis Direct
IML key growth driver: IML volumes/value contribution in Q2FY20 stood at 61%/65% resp. IML's healthy rise in volume/value contribution is led by robust F&F; segment growth of 41%/55% YoY in both volume/value terms. F&F; growth was driven by q-packs for Edible Oil packaging.
Mold-Tek Packaging Ltd. is trading below it's 30 day SMA of 279.4