Mold-Tek logs record ₹46.68/kg EBITDA in Q1, pharma packs lead growth
Mold-Tek Packaging posted a strong Q1 with revenue of ₹300.45 crore and record EBITDA per kilogram of ₹46.68, as pharma packaging volume surged 38.75%.
— 3 earlier stories on Mold-Tek Packaging Ltd. →What's new
- Q1 revenue ₹300.45 cr, up 26.32% sequentially.
- EBITDA per kg hits all-time high of ₹46.68.
- Pharma packaging leads volume growth at 38.75%.
Why this matters
The record EBITDA per kg shows efficiency gains from higher capacity utilisation and the Hyderabad consolidation. But the open question is whether this margin level can hold as volumes scale further.
What we're watching
- Sustained volume momentum in pharma and food & FMCG.
- Any margin upside from the consolidation of Hyderabad units.
- Management's outlook for capacity expansion on the next concall.
The full read
Q1 was a clean beat. Revenue hit ₹300.45 crore, up 26.32% sequentially. Net profit rose 23.89% to ₹25.57 crore. But the standout is EBITDA per kg at a record ₹46.68 — that's an all-time high, driven by better capacity utilisation and Hyderabad consolidation. Pharma packaging led volume growth at 38.75%, with food & FMCG at 26.20% and paints at 10.82%. The numbers are strong. Yet this is a routine quarterly report; the market absorbs such data quickly. The open question is whether the margin lift and pharma momentum can sustain through FY27. A conservative debt-equity ratio of 0.28 supports the expansion case. Record levels — but can they hold?
Questions answered
- What drove the record EBITDA per kilogram?
- Improved capacity utilisation and the consolidation of Hyderabad units allowed fixed costs to be spread over higher volumes, lifting EBITDA per kg to ₹46.68 from previous highs.
- Which segment led volume growth in Q1?
- Pharma packaging led with 38.75% growth, followed by food and FMCG at 26.20% and paints at 10.82%.
- How did Mold-Tek's overall financials compare sequentially?
- Revenue from operations rose 26.32% QoQ to ₹300.45 crore, while net profit grew 23.89% QoQ to ₹25.57 crore.
- Is this performance considered a surprise to the market?
- Results are routine quarterly announcements, and such data is typically absorbed quickly through multiple channels, limiting incremental surprise despite the strong numbers.
- What is Mold-Tek's debt-to-equity ratio?
- The company's trailing debt-to-equity ratio is 0.28, indicating a conservative leverage stance.
Mold-Tek Packaging Ltd.
Latest quarter · Mar 2022
Strength & growth
Story so far
All notes on MOLDTKPAC →- 27 Jul 2026 · 2:18 PM IST Mold-Tek logs record ₹46.68/kg EBITDA in Q1, pharma packs lead growth
- 1d ago Mold-Tek posts record ₹46.7/kg EBITDA; lube volumes drop 17%
- 1d ago Mold-Tek Q1 sales top ₹300 cr, pharma packs leap 39%
- 1d ago Mold-Tek crosses ₹300 cr sales, EBITDA per kg hits record ₹46.68