Mold-Tek Packaging Q4 Review - Price Hike To Cushion Margins: Prabhudas Lilladher

Food container lids come down a conveyor belt after exiting a molding machine. (Photographer: Ty Wright/Bloomberg).

Mold-Tek Packaging Q4 Review - Price Hike To Cushion Margins: Prabhudas Lilladher

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Prabhudas Lilladher Report

Mold-Tek Packaging Ltd. reported robust volume growth on back of growth in paint and food and fast moving consumer goods volumes.

Ebitda/kilogram highest at Rs 41.8 in spite of 50% increase in raw material cost on back of increased contribution from in-mould labelling products and food and FMCG business and use of new flexographic machine (adds 0.50-0.75 paise to Ebitda).

The company gained from underlying growth in paint and FMCG industry and we believe it will continue to do so going ahead.

Click on the attachment to read the full report:

Prabhudas Lilladher Mold-Tek Packaging Q4FY21 Reuslt Update.pdf

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