Mold-Tek Plans ₹4.76 Cr Office in Nashik

Mold-Tek Technologies Limited is investing ₹4.76 crore to construct a new branch office in Nashik. The project, funded by a recent preferential share issue, is planned to replace existing rented premises and support the company's operational needs and future expansion. Construction is anticipated to be completed within 15 to 18 months.

Funding and Approvals
The ₹4.76 crore capital expenditure will be funded through a preferential issue. This involved the issuance of equity shares to non-promoter investor Richard Leon Cannyn at ₹164 per share. The company's board approved this issuance in February 2026, and shareholders gave their approval in an Extraordinary General Meeting held on March 30, 2026.

Strategic Rationale and Operational Impact
Building its own office facility in Nashik represents a strategic move to secure a key operational asset. This transition from rented space is intended to reduce long-term rental costs and enhance operational control. The new, larger office will provide capacity for a growing team, improve efficiency, and create a modern workspace, directly supporting the company's growth trajectory and strengthening its physical infrastructure.

Company Momentum
Mold-Tek Technologies has recently reported strong financial results. For the third quarter of FY26, the company saw a 56.75% year-on-year increase in consolidated revenue and a 617.54% surge in profit after tax (PAT). In a move to expand its global presence, the company also recently completed the acquisition of Beryl Project Engineering LLC through its US subsidiary.

Industry Context
Mold-Tek Technologies operates within the engineering and technology services sector. Its industry peers include large conglomerates such as Larsen & Toubro, alongside infrastructure-focused companies like IRB Infrastructure Developers Ltd. and Kalpataru Projects International Ltd. NBCC (India) Ltd., a public sector undertaking, also competes in related infrastructure development. While Mold-Tek is a smaller entity, its focus on niche engineering services differentiates its market position.

Key Metrics

• Market Capitalisation: ₹349 Cr (As of April 2026)
• Revenue Growth (5-Year CAGR): 7.26% (FY20–FY25)
• Net Profit Margin: 9.22% (FY25)
• Return on Equity (ROE): 10.20% (FY25)