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03 Jun 2021
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Mold-Tek Packaging PP
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Geojit BNP Paribas
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391.15
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547.00
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361.20
(8.29%)
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Accumulate
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Q4FY21 revenue & profitability grew by 51% & 125% YoY led by strong volume uptick and improvement in realization. Overall volumes grew by 32% YoY led by strong demand from its key end user industries paints, Lubes and Food & FMCG segment. EBITDA margins expanded by 280bps YoY to 20.6% led by cost rationalisation and scale benefits. Though second Covid wave might impact overall growth in Q1FY22. However, overall demand situation is expected to bounce back in Q2FY22 as consumption spending picks-up and economy revives ....
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