Key Metrics of Mold-Tek Packaging Limited
About Mold-Tek Packaging Limited
Sectors
Company details
- Registered office
- 8-2-293/82/a/700, Ground Floor, Road No 36, Jubliee Hills, Hyderabad, In-ts, 500033
- Listed
- NSE: MOLDTKPAC · ₹272.85
Operational Areas of Mold-Tek Packaging Limited
Company summary
Entity details
Compliance
Industry classification
Financials, ratios and risk analysis
Revenue, EBITDA, net profit, net worth, debt and assets for every filing year, 15+ ratios, the financial health score, shareholding, charges and peer comparison are part of the premium plan.
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Due dates follow the Companies Act: AGM within six months of the year end, AOC-4 within 30 days and MGT-7 within 60 days of the AGM. A filing made but not yet uploaded here shows as pending.
Vendor checks & payment capacity
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Credit ratings
Rating history
Rating actions
| Date | Agency | Action | Long term | Short term | Outlook | Rated amount | Rationale |
|---|---|---|---|---|---|---|---|
| 23 Sep 2026 | ICRA | Reaffirmed | A+ | A1 | Positive | ₹240 Cr | View |
Credit strengths (ICRA, Sep 2026)
+ Extensive experience in plastic pail packaging industry
Founded in 1985 to manufacture rigid plastic packaging materials, the company is an established player in the decorative plastic pail packaging segment, with nearly three decades of operations.
+ Reputed customer base
Mold-Tek enjoys established relationships with marquee customers across the paints, lubricants and food segments, which ensures repeat orders.
+ Diversification into new product/customer segments
The company has a presence across the paints, lubricants, and F&F segments.
+ Healthy financial profile
The company’s financial profile is robust, marked by healthy margins, low leverage and comfortable coverage indicators.
+ Adoption of latest trends in packaging and developing in-house capabilities to reduce production cost
The company has a track record of adopting the latest trends in packaging such as IML.
Credit challenges
− Stiff competition and susceptibility of margin to raw material price movements
The company has a moderate scale of operations and faces intense competition, which limits pricing flexibility and exposes its margins to volatility in raw material prices, especially since they are crude derivatives.
− High customer concentration
Most of Mold-Tek’s revenues are from the paint segment (around 46% of revenues in Q1 FY2027 and 44% FY2026), thereby exposing it to sector concentration risk.
− High supplier concentration
As most raw materials are procured from RIL, the company is exposed to the risk of supply disruptions in case of force majeure events.
− Moderate working capital intensity
The receivable cycle is long (75 –90 days) in the paints segment, which has accounted for over 40% of the company’s revenues over the past two years.
Could lead to an upgrade
ICRA could upgrade Mold-Tek’s ratings if there is a healthy growth in revenues and profitability on a sustained basis, supported by capacity addition and diversification of customer / end-user industry base along with a material improvement in the
Could lead to a downgrade
Outlook could be revised to Stable in the absence of material improvement in earnings or
Agency-reported financials (ICRA, 23 Sep 2026)
| Metric | FY2025 | FY2026 |
|---|---|---|
| Operating income (OI) | ₹781 Cr | ₹887 Cr |
| PAT | ₹60.60 Cr | ₹72.90 Cr |
| OPBDIT/OI | 18.1% | 19.5% |
| PAT/OI | 7.7% | 8.2% |
| Total outside liabilities/Tangible net worth (times) | 0.50× | 0.50× |
| Total debt/OPBDIT (times) | 1.20× | 1.20× |
| Interest coverage (times) | 10.10× | 9.80× |
| Revenue growth (YoY) | — | 13.5% |
| EBITDA (margin × income) | ₹141 Cr | ₹173 Cr |
| Implied total debt (debt/EBITDA × EBITDA) | ₹170 Cr | ₹207 Cr |
| Implied interest cost (EBITDA ÷ coverage) | ₹14.00 Cr | ₹17.64 Cr |
Borrowings & rated debt
Facility mix
Rated facilities
| Facility | Type | Previous | Current | Change | Rating | Action | Agency |
|---|---|---|---|---|---|---|---|
| Long-term – Fund-based – Cash credit | Working capital & bank lines | ₹120 Cr | ₹120 Cr | 0.0% | A+ (Positive) | Reaffirmed | ICRA |
| Long-term – Fund-based – Term loan | Term loans | ₹101 Cr | ₹101 Cr | 0.0% | A+ (Positive) | Reaffirmed | ICRA |
| Long-term – Unallocated limits | Working capital & bank lines | ₹6.75 Cr | ₹6.75 Cr | 0.0% | A+ (Positive) | Reaffirmed | ICRA |
| Short-term – Non-fund based limits | Non-fund based limits | ₹12.0 Cr | ₹12.0 Cr | 0.0% | A1 | Reaffirmed | ICRA |
Credit assessment · Cement
CARE Ratings’ Criteria for Rating Cement Companies (Sep 2024) · Standalone accounts · FY 2025-26
Ratios, pillar scores and the indicative rating are part of Premium.
Rating status
| Default | No default on record |
| Issuer cooperation | Cooperating |
| Credit enhancement | None – standalone rating |
| Next action stable or better (model) | 84% |
| Information on file | 78% · missing: Capex / investment plans, Auditor details |
Indicative assessment from public data using the published methodology factors; not a credit rating.
Borrowing & funding lifecycle
- Credit outlook model: 84% chance the next rating action is stable or better
- Current rating A+ (investment grade)
- Interest coverage 9.8×
- ₹6.75 cr of rated limits not yet tied to a lender
Rated limits by facility
Timeline
Lender names, bank charges and audited borrowings are part of Premium.
Built from MCA charges, ICRA/CARE rating reports and audited accounts. The borrowing view is an estimate, not a lender's credit decision.
Registered office and contact
Directors and key people
Directors are read from the MGT-7 annual return and AOC-4 signatories.
Competitors of Mold-Tek Packaging Limited
Top competitors by location
| Company | Description | Domain | Founded | Location |
|---|---|---|---|---|
| Paper, Pulp & Packaging · Cement, Building Materials & Polymers | jkpaper.com | — | Tapi, India | |
 Trident |
Part of Mondelez International. | tridentindia.com | — | India |
 Tamil Nadu Newsprint and Papers (TNPL) |
Paper, Pulp & Packaging · Cement, Building Materials & Polymers | tnpl.com | — | India |
| Paper, Pulp & Packaging · Cement, Building Materials & Polymers | westcoastpaper.com | — | Dandeli, India | |
 Andhra Paper |
Paper, Pulp & Packaging · Cement, Building Materials & Polymers | andhrapaper.com | — | Rajahmundry, India |
| Paper, Pulp & Packaging · Cement, Building Materials & Polymers | spbltd.com | — | Erode, India | |
| Satia Industries | Paper, Pulp & Packaging · Cement, Building Materials & Polymers | — | — | Muktsar, India |
 Kuantum Papers (India) |
Paper, Pulp & Packaging · Cement, Building Materials & Polymers | kuantumpapers.com | 1979 | India |
| Paper, Pulp & Packaging · Cement, Building Materials & Polymers | orientpaperindia.com | — | Bhubaneswar, India | |
 Shrenik Limited |
Paper, Pulp & Packaging · Trading | ulphs.co.in | — | Ahmedabad, Gujarat, India |
Similar companies
Charges (secured borrowings)
0 registered charges. Lenders, amounts and dates are part of the premium plan.
Statutory auditors
Auditors are read from the AOC-4 auditor's report section.
Business activities and related parties
Principal business activities and related-party transactions are read from MGT-7 and AOC-4 filings.
Filings
No filings on record yet.