Whalesbook
Mold-Tek Packaging Ltd has announced strong financial results for the fiscal year ending March 31, 2026. The company reported a 20.35% jump in Profit After Tax (PAT) to ₹72.87 crore, alongside a 13.48% increase in revenue, reaching ₹886.61 crore.
Growth was propelled by a 11.4% rise in sales volumes to 42,629 metric tonnes. This surge in volume, combined with ongoing operational efficiencies, led to a significant 20.59% increase in EBITDA, which stood at ₹173.48 crore.
The company navigated challenges from rising raw material prices, a trend influenced by global geopolitical events. Mold-Tek Packaging effectively managed these pressures by passing increased costs onto its clients, thereby safeguarding its profit margins.
Strategic initiatives are supporting future growth. Consolidation of operations in Hyderabad aims to enhance efficiency and cut costs, with benefits expected from fiscal year 2027. Capacity expansions are also underway at plants in Panipat, Satara, and Cheyyar to meet rising demand from major clients like the Aditya Birla Group.
Mold-Tek Packaging's 13.48% revenue growth in FY26 surpassed that of some peers, including Huhtamaki India (8% revenue growth in FY25) and TCPL Packaging (5% revenue growth), indicating stronger market share gains.
Looking ahead, the company targets crossing ₹1,000 crore in turnover during fiscal year 2026-27. Supplies from its new factory in Mahad to Grasim Industries are scheduled to commence from the second quarter of FY27. While operational efficiencies and demand are expected to drive continued growth, the company must remain vigilant regarding potential fluctuations in raw material prices.