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Mold-Tek Packaging Ltd.

BSE: 533080 Sector: Industrials
BSE 00:00 | 22 Oct 696.75 7.50






NSE 00:00 | 22 Oct 697.00 8.65






OPEN 694.35
VOLUME 10433
52-Week high 774.75
52-Week low 250.00
P/E 33.05
Mkt Cap.(Rs cr) 1,963
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 694.35
CLOSE 689.25
VOLUME 10433
52-Week high 774.75
52-Week low 250.00
P/E 33.05
Mkt Cap.(Rs cr) 1,963
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Mold-Tek Packaging Ltd. (MOLDTKPAC) - Chairman Speech

Company chairman speech

Dear Shareholders

I am happy to announce the previous FY 2018-19 performance and our robust growth plansfor the coming years. Multi-dimensional growth in W the form of geographical &capacity expansion new industry- targeted packs & custom packs for few MNCs hasresulted in a good ^

start for the new financial year 2019-2020.

Paints segment continue to grow reasonably well but Food & FMCG segment leads thegrowth chart. In FY 19 we saw a volume growth of 11.5% overall with F & F Segmentcontributing around 21% of the overall sales. Our edible oil pack won the prestigious SIESAward "Tamper Evidence & Leak Proof Pack with IML Decoration" and isvalidated by CIPET for packing edible oil. The Food & FMCG sales grew rapidly by 57%from 2180 Tons to 3424 Tons.

J. Lakshmana Rao CMP

In FY 18-19 our Company showed a decent performance with a growth in volume by 11.5%.EBIDTA up by 14% and Net Profit after tax is up by 15%. EPS has increased from 10.05 in FY18 to 11.53 in FY 19.

Factors like stagnant economic conditions delay in paint companies shifting intoplastic pails price consciousness & Iran trade embargo resulted in low capacityutilization of our RAK plant. Hence the Board of Directors decided to wind-up operationsat the RAK unit and shift the capacities back to India to meet the increasing Food andFMCG packaging demand. Our Edible oil pack sales have more than doubled in volumes andexpected to grow further in FY 19-20 too. The machines and robots from RAK were put to useto enhance our Edible oil pack sales in both our Hyderabad and Daman Units. At the sametime major UAE customers (Total and Shell) are retained and will be catered as exportsfrom India.

The new plants at Mysuru and Vizag are gradually picking up production with around 50%capacity utilization as of now. This will add 2500-3000 MT to sales volume in FY 20.Orders from some major companies like Britannia Goodricke Lion Dates Haldiram Arun Icecreams & Emami in Food and FMCG are bagged and supplies started during the last fewmonths. Our new Ice cream packs launched only last year captured 4 out of top 5 ice creambrands. Other than these big ones we managed to develop over 15 clients in SME Ice creamspace for our new packs. We have successfully launched new twist packs with a uniqueattractive shape for usage in ghee confectionaries sweets pickles etc. These packsrange from 50 ml to 1000 ml size variants.

HUL's launch of Kwality walls family pack containers was a major success this year.Major players in edible oil industry have started preferring our Q packs and we estimatethe volumes to triple in the next financial year. We even launched a brand new 10 Itr Packfor Oil Ghee Vanaspati & Agro (seeds & fertilizers) industries to join ourfamily of 515 & 17 Itr packs. Several new products are under pilot stage ofdevelopment for other MNCs which may start yielding revenues in the next few quarters.

J " These initiatives will \ I sharply increase our sales 1 1 volumes in next 3-5years J

Mold-Tek's R&D division is working on "translucent containers" in thinwall with products interacting with decoration to bring the pack alive. Containers withoxygen and moisture barriers properties functional packs with better re-use valueIn-built spoon with peelable IML are some new innovations that add to our leadershipposition in IML products. We are working out on new designs to launch an all-new 100%tamper evident thin wall pack to cater to online food delivery giants and restaurantssegment.

With uncertain economic conditions spreading over the horizon agility and ability tochange and provide new products that add value to our esteemed clients continue to be themajor business philosophy of Mold-Tek.

Many strategic decisions on capacity building capacity relocation launching newproducts buying land for future expansion building a structured marketing division andexpanding internal design studio were taken up in this year. We are confident that thesefuture oriented steps will bear fruit in building up robust growth for the Company in thenear future.

Edible Oil Packs

Packs in addition to 26

ners of past another 66 added ale value of Rs. 31 Cr. Growth of Customers Accountedfor 70%.

New Projects

Completed both Mysuru & Vizag projects as per schedule and started supplies

Mysuru unit supplied close to Rs. 2 Cr. worth during last Q4 of 18-19

This year estimated revenues to be 30+ Cr. & 20+ Cr. respectively.

New Products

The newly launched multi-purpose 8H Twist packs with bottom Square and SH top roundhave been received well in HH the market place mm

These are family packs starting from mm 50100 200 500 & upto 1000ML M

For HUL we designed & developed mm

new 700 ml Pack in record time. mm


We at Mold-Tek believe that education is a stepping stone to dream learn exploregrow and achieve things in life. With this vision and urge to give back we have beenhelping various schools across Telangana and Andhra Pradesh to provide good environmentat schools. In this way we are trying to open a door of opportunity for these futureleaders and enterpreneurs.

Solar Panels

Mold-Tek Installed Solar Panel in K.K Acedemy for for Electricity to School Studentsat Lucknow.

Chairs & Benches

Mold-Tek provided Chairs Benches & Almra to various Schools in Andhra Pradesh.

Storage Lockers

Mold-Tek provided Almaras & Lockers tc Jannumahanti Bangarayya MunicipalCorporation Primary School at Innespet Rajahmundry Andhra Pradesh.


Mold-Tek provided Scholarships to Merit Students in Telangana & Kerala

& Bangalore.

Multimedia Devices

Mold-Tek provided Multimedia Display Devices to Velugu Society in Chittoor Dist. ofAndhra Pradesh.

Vedic Education

Mold-Tek provided contribution to Vedic Students for Vedic Education & Knowledge atHyderabad Telangana.

School Building Inaguration

Near Unit-2 Dundigal Medchal Dist. TS

Constructed New School Building

at Mahavashi Village Khandala Maharashtra

5th January 2019 Mold-Tek recieved the SIES SOP STAR Award 2018 in Product Packagingfor Tamper Evident & Leak_Proof Square Packs with IML Decoration.

The SIES School of Packaging has instituted the SOP STAR AWARD in 2017 to recognize theR&D efforts of the industry in developing newer materials forms process machineryand technology in the field of packaging.

Best Product & Process Quality Award" recieved from Castrol

"The Best Vendor Award"

recieved from BPCL

"Green Channel Recognition" I

by Asian Paints Limited I


17th Nov 2017 - Mold-Tek has recieved Dun & Bradstreet-RBL Bank SME BusinessExcellence Award 2017 in MidCorporate segment for excellence in the Plastic & PlasticProduct sector.

Dun & Bradstreet's ME Business Excellence Awards felicitate the best performingSMEs of India. With this objective in mind Dun & Bradstreet in association with RBLBank Limited launched an awards initiative to recognize and felicitate SMEs who havedemonstrated exemplary performance in theit respective fields.


INDIASTAR - 2017 Award for our "Rotolock" container in collaboration with MTRFoods Private Limited. Achievement of this award for second time shows owr innovativespirit and strengthens our leadership position in Indian Packaging Industry. INDIASTARAward is National Award for Excellence in Packaging which is held in a greate esteem inIndia.


Two awards that our company bagged are the Asian Paints PACON - PACON 2016 forWinnovation and 3rd Rank in plastic category in PACON - 2016-2017.