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Last Updated on: 26 July, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo
Stock Ticker - BSE: 526263 | NSE: MOLDTECH

Fundamental Analysis of Mold-Tek Packaging Ltd

About the Company - Mold-Tek Packaging Ltd

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 RamnathAddnl.Non Exe.Independent Director

Basic Stock Data of Mold-Tek Packaging Ltd

Last Updated: July 26, 2024, 11:06 pm

Market Cap 2,651 Cr.
Current Price 797
High / Low1,050/715
Stock P/E39.8
Book Value 179
Dividend Yield0.75 %
ROCE14.5 %
ROE11.6 %
Face Value 5.00
PEG Ratio4.03

Data Source: screener.in

Competitors of Mold-Tek Packaging Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Deep Polymers Ltd 196 Cr. 81.1120/68.027.5 34.10.00 %9.49 %9.70 % 10.0
DDev Plastiks Industries Ltd 4,511 Cr. 436458/16024.8 63.80.34 %41.9 %31.5 % 1.00
Bright Brothers Ltd 91.2 Cr. 161200/134 1190.62 %1.87 %6.80 % 10.0
Axel Polymers Ltd 53.4 Cr. 62.776.0/44.334.2 17.60.00 %12.9 %10.9 % 10.0
TPL Plastech Ltd 777 Cr. 99.8108/38.639.1 16.70.60 %19.3 %16.2 % 2.00
Industry Average8,194.73 Cr753.7446.80150.130.28%31.25%72.63%6.44

Mold-Tek Packaging Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales134161134160160178208183155185186170165
Expenses106128108128129146171148126149151138135
Operating Profit28332532323237342836353230
OPM %21%21%19%20%20%18%18%19%18%19%19%19%18%
Other Income0-100010001110
Interest2333311111222
Depreciation56677777789109
Profit before tax20241723222529262127252119
Tax %26%24%27%23%25%30%26%26%21%15%24%26%25%
Net Profit15181218171722191623191614
EPS in Rs5.306.494.326.245.515.546.555.864.926.945.654.734.28

Last Updated: July 10, 2024, 2:20 pm

Mold-Tek Packaging Ltd Quarterly Chart

Mold-Tek Packaging Ltd Profit & Loss

Last Updated: July 10, 2024, 2:20 pm

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%

Mold-Tek Packaging Ltd 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 Growth

Compounded Sales Growth
10 Years:11%
5 Years:12%
3 Years:13%
TTM:-4%
Compounded Profit Growth
10 Years:21%
5 Years:17%
3 Years:11%
TTM:-17%
Stock Price CAGR
10 Years:38%
5 Years:26%
3 Years:15%
1 Year:-25%
Return on Equity
10 Years:17%
5 Years:16%
3 Years:15%
Last Year:12%

Last Updated: July 19, 2024, 5:58 pm

Mold-Tek Packaging Ltd Balance Sheet

Last Updated: July 10, 2024, 2:20 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital11111114141414141414161717
Reserves353841102115142167177183227423542576
Borrowings5473731829418096118108444777
Other Liabilities22234035463941574888929088
Total Liabilities122145166169204236302343363436574696757
Fixed Assets477072728191115183202239262376382
CWIP1132391015161212151734
Investments3333421201079175274
Other Assets61698892111114152134141177281251267
Total Assets122145166169204236302343363436574696757

Mold-Tek Packaging Ltd Reserves and Borrowings Chart

Mold-Tek Packaging Ltd Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity 14263238269714761315979
Cash from Investing Activity -21-9-9-24-25-40-66-30-51-55-148-143
Cash from Financing Activity 7-17-23-14-131-6-17-1056-1059
Net Cash Flow000-000-00041-5

Mold-Tek Packaging Ltd 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.

Mold-Tek Packaging Ltd Free Cash Flow Chart

Mold-Tek Packaging Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days616863597574896248698362
Inventory Days648373646587115828911310883
Days Payable334045233935403332513633
Cash Conversion Cycle921129199101126163110106130155112
Working Capital Days72766471869012473698611684
ROCE %20%14%19%25%26%24%23%21%21%23%23%20%

Mold-Tek Packaging Ltd Financial Efficiency Indicators Chart

Mold-Tek Packaging Ltd 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

Mold-Tek Packaging Ltd Shareholding Pattern Chart

No. of Mold-Tek Packaging Ltd Shareholders

Mold-Tek Packaging Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
DSP Small Cap Fund1,893,7651.16160.33853,7252024-07-25121.82%
ICICI Prudential Smallcap Fund1,126,3711.2895.36853,7252024-07-2531.94%
Canara Robeco Small Cap Fund853,7250.7572.28853,7252024-07-250%
Sundaram Large and Mid Cap Fund710,928160.19853,7252024-07-25-16.73%
Edelweiss Small Cap Fund436,9981.1737853,7252024-07-25-48.81%
Edelweiss Mid Cap Fund362,5460.6230.69853,7252024-07-25-57.53%
Sundaram Small Cap Fund255,1890.7121.6853,7252024-07-25-70.11%
Aditya Birla Sun Life Multi-Cap Fund184,5420.3115.62853,7252024-07-25-78.38%
Aditya Birla Sun Life Balanced Advantage Fund1,35100.11853,7252024-07-25-99.84%

Mold-Tek Packaging Ltd ROCE Trend

Mold-Tek Packaging Ltd EPS Trend

Mold-Tek Packaging Ltd 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

Mold-Tek Packaging Ltd Profitability Ratios (%)

Mold-Tek Packaging Ltd Liquidity Ratios

Mold-Tek Packaging Ltd Liquidity Ratios (%)

Mold-Tek Packaging Ltd Interest Coverage Ratios (%)

Mold-Tek Packaging Ltd Valuation Ratios

Fair Value

Fair Value: 832.61

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.

Undervalued: 4.47% compared to the current price 797

Intrinsic Value: 914.80

Calculation basis:

  • Fair 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 fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 14.78% compared to the current price 797

Last 5 Year EPS CAGR: 9.87%

*Investments are subject to market risks

Strength and Weakness of Mold-Tek Packaging Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 21.58%, which is a positive sign.
  2. The company has higher reserves (227.92 cr) compared to borrowings (71.08 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 84.25, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 116.42, which may not be favorable.

Should I Buy Mold-Tek Packaging Ltd Share Now?

  • 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: 31.25%)
      • 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: 72.63%)
      • 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: 39.8 (Industry average Stock P/E: 46.80)
      • 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: 0.00
      • 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: ★★★★☆

FAQ

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

The latest fair value of Mold-Tek Packaging Ltd is ₹832.61.

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

The Market Cap of Mold-Tek Packaging Ltd is 2,651 Cr..

What is the current Stock Price of Mold-Tek Packaging Ltd as on 26 July 2024?

The current stock price of Mold-Tek Packaging Ltd as on 26 July 2024 is 797.

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 1,050/715.

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

The Stock P/E of Mold-Tek Packaging Ltd is 39.8.

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

The Book Value of Mold-Tek Packaging Ltd is 179.

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

The Dividend Yield of Mold-Tek Packaging Ltd is 0.75 %.

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