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Last Updated on: 24 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo
Stock Ticker - BSE: 526263 | NSE: MOLDTECH

Mold-Tek Packaging Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 22, 2024, 11:43 pm

Market Cap 2,194 Cr.
Current Price 660
High / Low940/657
Stock P/E34.9
Book Value 188
Dividend Yield0.45 %
ROCE14.5 %
ROE11.6 %
Face Value 5.00
PEG Ratio3.54

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Mold-Tek Packaging Ltd

Competitors of Mold-Tek Packaging Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
IIRM Holdings India Ltd 861 Cr. 126172/21.838.0 18.70.00 %%% 5.00
Fiberweb (India) Ltd 137 Cr. 47.666.6/29.011.9 58.30.00 %5.17 %4.61 % 10.0
Deep Polymers Ltd 167 Cr. 68.9120/68.022.5 34.10.00 %9.48 %9.69 % 10.0
DDev Plastiks Industries Ltd 2,812 Cr. 272458/16014.9 71.20.55 %41.9 %31.5 % 1.00
Bright Brothers Ltd 177 Cr. 311333/13440.2 1280.32 %0.72 %8.44 % 10.0
Industry Average5,082.31 Cr709.2159.49195.450.26%15.95%13.41%7.63

All Competitor Stocks of Mold-Tek Packaging Ltd

Quarterly Result

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales134160160178208183155185186170165177197
Expenses108128129146171148126149151138135141161
Operating Profit25323232373428363532303636
OPM %19%20%20%18%18%19%18%19%19%19%18%20%18%
Other Income0001000111001
Interest3331111122223
Depreciation6777777891091012
Profit before tax17232225292621272521192422
Tax %27%23%25%30%26%26%21%15%24%26%25%24%26%
Net Profit12181717221916231916141817
EPS in Rs4.326.245.515.546.555.864.926.945.654.734.285.414.97

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales170187245276267301339394437479631730706
Expenses149167215235221249276322357383511594573
Operating Profit21203040465264728096121136133
OPM %13%11%12%15%17%17%19%18%18%20%19%19%19%
Other Income0-0-11021-10-2-1112
Interest469812471010947
Depreciation457881012151921263037
Profit before tax13914253741494049648710392
Tax %28%34%35%33%34%35%35%40%22%25%26%22%
Net Profit96917242732243848648072
EPS in Rs4.092.513.945.988.559.5411.248.5513.4917.3120.3724.2521.60
Dividend Payout %60%49%37%33%37%37%35%46%36%41%39%25%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-33.33%50.00%88.89%41.18%12.50%18.52%-25.00%58.33%26.32%33.33%25.00%
Change in YoY Net Profit Growth (%)0.00%83.33%38.89%-47.71%-28.68%6.02%-43.52%83.33%-32.02%7.02%-8.33%

Mold-Tek Packaging Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:11%
5 Years:12%
3 Years:13%
TTM:5%
Compounded Profit Growth
10 Years:21%
5 Years:17%
3 Years:11%
TTM:-15%
Stock Price CAGR
10 Years:19%
5 Years:19%
3 Years:-1%
1 Year:-25%
Return on Equity
10 Years:17%
5 Years:16%
3 Years:15%
Last Year:12%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:50 am

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital11111414141414141416171717
Reserves3841102115142167177183227423542578607
Borrowings737318294180961181084447126161
Other Liabilities234035463941574888929099113
Total Liabilities145166169204236302343363436574696820898
Fixed Assets7072728191115183202239262376477494
CWIP3239101516121215171127
Investments33342120107917523850
Other Assets698892111114152134141177281251294328
Total Assets145166169204236302343363436574696820898

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +14263238269714761315279
Cash from Investing Activity +-21-9-9-24-25-40-66-30-51-55-141-143
Cash from Financing Activity +7-17-23-14-131-6-17-1056-1059
Net Cash Flow000-000-00041-5

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow21.00-53.00-43.0022.0017.0011.00-16.00-24.00-38.00-12.0077.0089.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days686359757489624869836271
Inventory Days8373646587115828911310883113
Days Payable404523393540333251363337
Cash Conversion Cycle1129199101126163110106130155112147
Working Capital Days766471869012473698611684108
ROCE %14%19%25%26%24%23%21%21%23%23%20%14%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters35.13%33.73%32.14%33.52%34.23%34.11%34.01%33.47%33.31%33.09%32.86%32.76%
FIIs8.29%9.16%10.34%10.46%12.02%13.94%14.51%16.91%18.00%17.82%16.03%14.14%
DIIs14.32%14.99%16.18%15.73%16.75%20.13%20.05%19.45%18.63%18.48%19.22%22.18%
Public42.26%42.12%41.34%40.29%37.00%31.82%31.43%30.16%30.06%30.61%31.89%30.92%
No. of Shareholders29,01836,86847,35454,74758,63576,08975,74173,56976,83980,42584,35874,724

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
DSP Small Cap Fund1,893,7651.16160.33853,7252024-11-23121.82%
ICICI Prudential Smallcap Fund1,126,3711.2895.36853,7252024-11-2331.94%
Canara Robeco Small Cap Fund853,7250.7572.28853,7252024-11-230%
Sundaram Large and Mid Cap Fund710,928160.19853,7252024-11-23-16.73%
Edelweiss Small Cap Fund436,9981.1737853,7252024-11-23-48.81%
Edelweiss Mid Cap Fund362,5460.6230.69853,7252024-11-23-57.53%
Sundaram Small Cap Fund255,1890.7121.6853,7252024-11-23-70.11%
Aditya Birla Sun Life Multi-Cap Fund184,5420.3115.62853,7252024-11-23-78.38%
Aditya Birla Sun Life Balanced Advantage Fund1,35100.11853,7252024-11-23-99.84%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)9.8110.364.713.573.84
Diluted EPS (Rs.)9.7210.154.613.573.84
Cash EPS (Rs.)12.0612.036.265.275.83
Book Value[Excl.RevalReserv]/Share (Rs.)42.8536.7425.7021.8318.39
Book Value[Incl.RevalReserv]/Share (Rs.)42.8536.7425.7021.8318.39
Revenue From Operations / Share (Rs.)56.6252.0134.8229.5736.12
PBDIT / Share (Rs.)15.6415.648.056.927.19
PBIT / Share (Rs.)13.3913.986.505.215.20
PBT / Share (Rs.)13.0713.756.375.044.94
Net Profit / Share (Rs.)9.8110.364.713.573.84
NP After MI And SOA / Share (Rs.)9.8110.364.713.573.84
PBDIT Margin (%)27.6230.0823.1123.3919.89
PBIT Margin (%)23.6526.8818.6517.6314.40
PBT Margin (%)23.0726.4318.2817.0413.68
Net Profit Margin (%)17.3219.9213.5212.0610.64
NP After MI And SOA Margin (%)17.3219.9213.5212.0610.64
Return on Networth / Equity (%)22.8928.2018.3216.3420.90
Return on Capital Employeed (%)29.3136.0323.7822.4926.88
Return On Assets (%)19.1122.6314.7013.1115.83
Total Debt / Equity (X)0.000.000.000.000.05
Asset Turnover Ratio (%)1.171.341.091.061.42
Current Ratio (X)5.813.983.984.403.19
Quick Ratio (X)5.813.983.984.403.19
Dividend Payout Ratio (NP) (%)0.002.8953.0916.8190.76
Dividend Payout Ratio (CP) (%)0.002.4939.9311.3859.87
Earning Retention Ratio (%)0.0097.1146.9183.199.24
Cash Earning Retention Ratio (%)0.0097.5160.0788.6240.13
Interest Coverage Ratio (X)48.0066.1761.1539.8027.51
Interest Coverage Ratio (Post Tax) (X)31.1144.8336.7721.5215.72
Enterprise Value (Cr.)466.01656.25215.54101.2495.72
EV / Net Operating Revenue (X)2.904.472.191.220.94
EV / EBITDA (X)10.5014.859.485.224.76
MarketCap / Net Operating Revenue (X)3.214.692.321.370.96
Retention Ratios (%)0.0097.1046.9083.189.23
Price / BV (X)4.246.633.141.861.90
Price / Net Operating Revenue (X)3.214.692.321.370.96
EarningsYield0.050.040.050.080.10

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Mold-Tek Packaging Ltd as of November 24, 2024 is: 764.52

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of November 24, 2024, Mold-Tek Packaging Ltd is Undervalued by 15.84% compared to the current share price 660.00

Intrinsic Value of Mold-Tek Packaging Ltd as of November 24, 2024 is: 840.00

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 24, 2024, Mold-Tek Packaging Ltd is Undervalued by 27.27% compared to the current share price 660.00

Last 5 Year EPS CAGR: 9.87%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 21.08%, which is a positive sign.
  2. The company has higher reserves (257.08 cr) compared to borrowings (78.00 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (397.08 cr) and profit (47.92 cr) over the years.
  1. The stock has a high average Working Capital Days of 87.25, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 121.00, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Mold-Tek Packaging Ltd:
    1. Net Profit Margin: 17.32%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 29.31% (Industry Average ROCE: 15.95%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 22.89% (Industry Average ROE: 13.41%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 31.11
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 5.81
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 34.9 (Industry average Stock P/E: 59.49)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Mold-Tek Packaging Ltd. is a Public Limited Listed company incorporated on 28/02/1997 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L21022TG1997PLC026542 and registration number is 026542. Currently Company is involved in the business activities of Manufacture of plastic articles for the packing of goods (plastic bags, sacks, containers, boxes, cases, carboys, bottles etc.). Company’s Total Operating Revenue is Rs. 631.47 Cr. and Equity Capital is Rs. 15.63 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Plastics - Plastic & Plastic Products8-2-293/82/A/700, Road No. 36, Hyderabad Telangana 500033cs@moldtekpackaging.com
http://www.moldtekpackaging.com
Management
NamePosition Held
Mr. J Lakshmana RaoChairman & Managing Director
Mr. A SubramanyamDeputy Managing Director
Mr. P Venkateswara RaoDeputy Managing Director
Mr. Srinivas MadireddyWhole Time Director
Dr. T Venkateswara RaoInd. Non-Executive Director
Mr. Eswara Rao ImmaneniInd. Non-Executive Director
Mr. Togaru Dhanraj Tirumala NarasimhaInd. Non-Executive Director
Mrs. Madhuri Venkata Ramani ViswanadhamInd. Non-Executive Woman Director
Mr. Ponnuswamy RamnathInd. Non-Executive Director

FAQ

What is the latest intrinsic value of Mold-Tek Packaging Ltd?

The latest intrinsic value of Mold-Tek Packaging Ltd as on 24 November 2024 is ₹764.52, which is 15.84% higher than the current market price of ₹660.00.

What is the Market Cap of Mold-Tek Packaging Ltd?

The Market Cap of Mold-Tek Packaging Ltd is 2,194 Cr..

What is the current Stock Price of Mold-Tek Packaging Ltd as on 24 November 2024?

The current stock price of Mold-Tek Packaging Ltd as on 24 November 2024 is 660.

What is the High / Low of Mold-Tek Packaging Ltd stocks in FY 2024?

In FY 2024, the High / Low of Mold-Tek Packaging Ltd stocks is 940/657.

What is the Stock P/E of Mold-Tek Packaging Ltd?

The Stock P/E of Mold-Tek Packaging Ltd is 34.9.

What is the Book Value of Mold-Tek Packaging Ltd?

The Book Value of Mold-Tek Packaging Ltd is 188.

What is the Dividend Yield of Mold-Tek Packaging Ltd?

The Dividend Yield of Mold-Tek Packaging Ltd is 0.45 %.

What is the ROCE of Mold-Tek Packaging Ltd?

The ROCE of Mold-Tek Packaging Ltd is 14.5 %.

What is the ROE of Mold-Tek Packaging Ltd?

The ROE of Mold-Tek Packaging Ltd is 11.6 %.

What is the Face Value of Mold-Tek Packaging Ltd?

The Face Value of Mold-Tek Packaging Ltd is 5.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Mold-Tek Packaging Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE