Mold Tek Packaging Ltd · NSE:MOLDTKPAC
Mold Tek Packaging — Q2 FY2022-23 Earnings Presentation
17 slides from Mold Tek Packaging's earnings presentation, Nov 17, 2022
Slide 1: Disclosure on Analyst / Institutional Investor Meeting
Date: 17th November, 2022 The Secretary, The Manager, Listing Department, Listing Department, National Stock Exchange of India Limited, BSE Ltd., Exchange Plaza, 5th Floor, Plot No. C/1, Phiroze Jeejeebhoy Towers, G Block, Bandra Kurla Complex, Dalal Street, Fort, Mumbai-400001. Bandra (E), Mumbai-4
Slide 2: Quarterly Business Report Q2 & H1 FY 22-23
QUARTERLY BUSINESS (BSE: 533080; NSE:MOLDTKPAC) REPORT NOVEMBER 07, 2022 Q2 & H1 FY 22-23 www.moldtekpackaging.com
Slide 3: Table of Contents
Table of Contents Business Overview Moldtek Packaging Limited Business Report for Quarter 1, FY2022-2023 Future Roadmap Project Updates Client Updates Financial Performance CSR Activities 2
Slide 4: Moldtek Snapshot
Moldtek Snapshot Established in 1986, one of the leading players in rigid plastic packaging in India. Publicly listed in 1993 35 EXPERIENCE YEARS OF Manufactures injection molded containers for lubes, paints, food &other products 10 Manufacturing Units, 2 stock points PAN India. 10 ISO CERTIFIED U N
Slide 5: Moldtek Packaging – Vision
MOLDTEK PACKAGING – VISION BECOME A RELIABLE PACKAGING SOLUTIONS • Traditional packaging to hold and encase PROVIDER the products Not just a supplier or converter – but Encase give end-to-end solutions for our customers & Hold • Lid fitment • Custom Design Filling & • Product specific Appeal & Allie
Slide 6: Key Financial Highlights – First Half
Key Financial Highlights – First Half Snapshot Finacial Performance & Highlights +33 % Revenue INR 293.26cr to INR 390.39cr H1 vs H1 Revenue The Company recorded a total revenue of INR 182.55cr in Q2, +24 % +39 % compared to INR 159.53 cr in last year Q2 – a growth of 14% EBIDTA PAT INR 57.65 to INR
Slide 7: Profit & Loss Statement
Profit & Loss Statement PARTICULARS IN (RS. CRORE) Q2 FY23 Q1 FY23 Q2 FY22 YoY % Q2oQ1 % H1 FY23 H1 FY22 YoY % 12M FY22 Revenue 182.55 207.83 159.53 14% -12% 390.39 293.26 33% 631.47 Other Income 0.13 0.13 0.23 -43% 0% 0.24 0.34 -29% 1.56 Total Expenditure 148.44 170.66 127.51 16% -13% 319.09 235.95
Slide 8: Impact on Costs – Our Action Plan
Impact on Costs – Our Action Plan FACTOR IMPACT OUR ACTION PLAN SEMI • Maintenance downtime of printing machines increased • New machines arriving in • New machines delivery delayed by 4-5 months Dec. CONDCUTOR • Forced to procure labels (IML & HTL) at higher costs & • Will have double label SHORTAG
Slide 9: Future Roadmap
Future Roadmap Injection Digital General Blow Molding Packaging Expansion COMPANY’S UNDERLYING FOCUS High Value Adding Flexibility & Utility 'Un’-Seasonalize Products • EBIDTA per KG - a critical • Low MOQ without impacting • Understand utility & add new driving factor operational efficiency industr
Slide 10: Projects & Plans: 250 Cr expansion in 2 years
Projects & Plans : 250 Cr expansion in 2 years Focus on maintaining ROCE & further improving in long- term NEW PLANTS 10 manufacturing facilities North: Received LOI from Grasim Applied for land for a plant in Haryana focusing on Paints New facility in Kanpur (GRASIM), Food & FMCG. Expandable to IBM
Slide 11: Customers Added in Q2
Customers Added in Q2 Encouraging customer additions Moving towards seasonal immunity This quarter, in addition to multiple new customers across industries, the company was able to re-connect with in- active customers 86 580+ 640 New Food & New designs New SKUs FMCG customers processed for our proce
Slide 12: Customer Segment Analysis
Customer Segment Analysis 4% 31% 29% 99 55.19 46 101.61 51.03 98.2 40.41 43.94 30.76 34.09 94.31 Paints Lubes Food & FMCG Q2FY'22 Q1FY'23 Q2FY'23 Q2FY'22 Q1FY'23 Q2FY'23 Q2FY'22 Q1FY'23 Q2FY'23 Revenue breakdown for major segments 11
Slide 13: Capacity Expansion
Capacity Expansion THIN-WALL BULK PACKS IBM LABELS TOOL ROOM 2600MT will Doubling Per month 4700 MT will be added 2000MT will capacity of capacity will be added Daman, be setup IML & HTL– increase from Sulthanpur, Vizag, Sulthanpur, 4.5 cr 4 in 2021 to 8 Daman Hyderabad, Hyderabad labels/PM in 2023
Slide 14: Capacity Expansion FY23 (investments in Crore)
Capacity Expansion FY23 (investments in Crore) 125 79 42 50 46 32 Capacity FY18 FY19 FY20 FY21 FY22 FY23* PROJECT AMOUNT IN CR. SULTANPUR (PHARMA & TW) 50 DAMAN NEW PLANT 30 LABEL (PRINTING & CUTTING) 17 TOOL ROOM 5 ADDING CAPACITY TO EXISTING PLANTS 23 TOTAL 125
Slide 15: Custom Packs
Kick starting IBM project with a P.O in hand from IODEX (GSK) CUSTOM PACKS Kissan new jam pack for Unilever to be supplied from Daman TW section Horlicks new 1kg & 2kg SKUs molds developed & to start within few months Moldtek Packaging Limited
Slide 16: Some of Our Customers in Food, FMCG, Pharmaceutical, Paint & Lubricant Industries
SOME OF OUR CUSTOMERS IN FOOD, FMCG & PHARMACEUTICAL, PAINT & LUBRICANT INDUSTRIES
Slide 17: Thank You
THANK YOU
Mold-Tek Packaging — Q2 FY2022-23 Earnings Presentation on 6ix