Mold-Tek Packaging Ltd

Mold-Tek Packaging Ltd

₹ 859 0.17%
24 Apr 11:34 a.m.
About

Mold-Tek Packaging is engaged in the manufacturing of injection-molded containers for lubes, paints, food and other products.

Key Points

Product Offering
Mold-Tek Packaging Limited (MTPL) is the leader in rigid plastic packaging in India. It manufactures injection molded containers for lubes, paints, food and other products. [1]

  • Market Cap 2,856 Cr.
  • Current Price 859
  • High / Low 1,105 / 741
  • Stock P/E 44.9
  • Book Value 140
  • Dividend Yield 0.70 %
  • ROCE 23.1 %
  • ROE 18.7 %
  • Face Value 5.00

Pros

  • Company has reduced debt.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 21.3% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 39.0%

Cons

  • Promoter holding is low: 32.8%
  • Debtor days have increased from 66.8 to 82.7 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Packaging Industry: Packaging

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
104 117 114 101 106 65 119 134 161 134 160 160 178
86 98 94 82 88 56 93 106 129 108 128 129 146
Operating Profit 19 19 20 19 18 9 26 28 32 25 32 32 32
OPM % 18% 16% 18% 19% 17% 14% 22% 21% 20% 19% 20% 20% 18%
0 1 0 0 0 0 0 0 0 0 0 0 1
Interest 2 3 3 3 3 2 2 2 3 3 3 3 1
Depreciation 5 5 5 5 5 5 6 5 6 6 7 7 7
Profit before tax 12 13 13 11 11 2 18 20 24 17 23 22 25
Tax % 27% 27% 20% 21% 22% 28% 26% 26% 24% 27% 23% 25% 30%
9 9 10 9 9 2 13 15 18 12 18 17 17
EPS in Rs 3.13 3.32 3.72 3.13 3.09 0.53 4.76 5.28 6.50 4.32 6.24 5.51 5.54
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
267 301 346 405 438 479 631
221 251 284 335 361 384 511
Operating Profit 46 50 62 70 77 95 121
OPM % 17% 17% 18% 17% 18% 20% 19%
0 1 1 1 1 1 2
Interest 1 2 5 8 10 10 9
Depreciation 8 10 13 16 19 22 26
Profit before tax 37 38 45 48 48 64 87
Tax % 34% 37% 38% 33% 23% 25% 26%
24 24 28 32 37 48 64
EPS in Rs 8.55 8.57 9.87 11.32 13.23 17.27 20.37
Dividend Payout % 37% 41% 40% 35% 37% 41% 39%
Compounded Sales Growth
10 Years: %
5 Years: 16%
3 Years: 16%
TTM: 32%
Compounded Profit Growth
10 Years: %
5 Years: 21%
3 Years: 26%
TTM: 32%
Stock Price CAGR
10 Years: 45%
5 Years: 29%
3 Years: 28%
1 Year: -11%
Return on Equity
10 Years: %
5 Years: 19%
3 Years: 20%
Last Year: 19%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity Capital 14 14 14 14 14 14 16
Reserves 115 139 160 178 184 227 423
29 54 98 112 118 108 44
46 39 41 51 48 88 92
Total Liabilities 204 246 314 355 363 436 574
81 108 133 191 202 239 262
CWIP 9 10 15 16 12 12 15
Investments 3 11 10 10 7 9 17
111 117 156 138 142 177 281
Total Assets 204 246 314 355 363 436 574

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
38 23 7 83 60 61 2
-24 -34 -42 -76 -26 -51 -55
-14 11 35 -8 -34 -10 57
Net Cash Flow 0 -0 0 -0 0 0 4

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 75 75 89 63 49 69 83
Inventory Days 65 88 116 84 89 113 108
Days Payable 39 35 40 33 32 51 32
Cash Conversion Cycle 101 128 166 114 106 130 159
Working Capital Days 75 91 121 77 69 86 116
ROCE % 22% 21% 19% 19% 22% 23%

Shareholding Pattern

Numbers in percentages

4 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
35.13% 33.73% 32.14% 33.52% 34.23% 34.11% 34.01% 33.47% 33.31% 33.09% 32.86% 32.76%
8.29% 9.16% 10.34% 10.46% 12.02% 13.94% 14.51% 16.91% 18.00% 17.82% 16.03% 14.14%
14.32% 14.99% 16.18% 15.73% 16.75% 20.13% 20.05% 19.45% 18.63% 18.48% 19.22% 22.18%
42.26% 42.12% 41.34% 40.29% 37.00% 31.82% 31.43% 30.16% 30.06% 30.61% 31.89% 30.92%
No. of Shareholders 29,01836,86847,35454,74758,63576,08975,74173,56976,83980,42584,35874,724

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls