Fundamental Analysis

MOLD-TEK PACKAGING LIMITED
Ticker : 533080
BUY: ₹816.90
Target: ₹930



Producing injection-molded containers for lubricants, paints, food, and other materials is what Mold-Tek Packaging does. The company has almost three decades of experience in the business and is the top manufacturer of rigid plastic packaging in India. In the quarter that ended on June 30, 2022, the company reported a net profit of Rs 21.71 crore as opposed to Rs 12.08 crore in the corresponding quarter the previous year, registering a growth of 79.71 per cent. With a gain of around 55 per cent, it reported revenue of Rs 208 crore in the quarter as opposed to Rs 134 crore in the same quarter last year. However, the firm's growth ratios such as EBIT, PAT, and EPS are increasing year-over-year. With a strong focus on technologically-advanced niche products, we are optimistic regarding the company's future outlook. Hence, we recommend a BUY.