Mold-Tek Packaging (533080) Q1 25/26 earnings summary

Executive summary

• Revenue increased by 22% year-over-year in Q1FY26 to INR 240.56 crore, with EBITDA margin rising to 19.7% and net profit up 35.5%.

• Sales volume grew 15% year-over-year to 11,378 MT, with all major segments except lubricants showing strong growth.

• Pharma vertical crossed break-even in its first year, contributing to profit growth and rapid adoption, with major approvals and commercial orders expected.

• Food and FMCG achieved 16% growth despite a shortened summer, aided by removal of printing bottlenecks and enhanced serviceability.

• The company achieved its highest-ever quarterly performance, supported by innovation, product diversification, and strategic expansion.

Financial highlights

• EBITDA grew 29% year-over-year to INR 47.38 crore, with EBITDA per kg rising to INR 41.64 in Q1FY26.

• PAT rose 35.5% year-over-year to INR 22.40 crore, with PAT margin up to 9.31%.

• Net revenue per kg increased from INR 198 to INR 211, driven by improved product mix.

• EPS for Q1FY26 stood at 6.74, up from 4.97 in Q1FY25.

• Cash PAT reached INR 36.43 crore in Q1FY26, up 30% year-over-year.

Outlook and guidance

• Volume growth targeted at 12%-15% for the year, with revenue growth expected at 18%-20%.

• Pharma segment projected to reach INR 35-36 crore this year, with potential to double next year.

• Food and FMCG segment expected to sustain or exceed 16% growth, with potential for 20% in upcoming quarters.

• Management confident in sustaining growth trajectory, citing strong order flow, capacity enhancements, and product innovation.

• Anticipates better margins and cost recovery as capacity utilization increases in new plants.