Slide 1: Outcome of Board Meeting: Q4 & FY23 Results
~".I •. a~ MOLD-TEK Packaging limited (Formerly known as Moldtek Plastics Ltd.) MTPL/SECT/016/2023-24 Date: 3 rd May, 2023 The Secretary, The Manager, Listing Department, Listing Department, National Stock Exchange of India BSE Ltd., Limited., Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Pl
Slide 2: Final dividend recommendation
ISO 9001 :2015 BUREAU VERITAS MOLO-TEK Certification Packaging limited (Formerly known as Moldtek Plastics Ltd.) 3) Recommended a final dividend of ~ 2.00/- per equity share for the financial year 2022-23 on Equity Shares of face value of ~ 5/- each. The Board of Directors had earlier declared and p
Slide 3: Independent Auditor's Report
M.ANANDAM & CO., CHARTERED ACCOUNTANTS Independent Auditor's Report on the Quarterly and Year to Date Financial Results of Mold-Tek Packaging Limited Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 To The Board of Directors of Mold-Tek Packag
Slide 4: Management's Responsibilities for the Financial Results
M.Anandam & Co., Chartered Accountants Management's Responsibilities for the Financial Results These quarterly financial results as well as the year-to-date financial results have been prepared on the basis of the interim financial statements. The Company's Board of Directors are responsible for the
Slide 5: Auditor's Responsibilities
M.Anandam & Co., Chartered Accountants detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. • Obtain an understanding of internal co
Slide 6: Other Matter
M.Anandam & Co., Chartered Accountants Other Matter The Financial Results include the results for the quarter ended 3pt March, 2023 being the balancing figures between the audited figures in respect of the full financial year and the published unaudited year to date figures up to the third quarter o
Slide 7: Statement of Audited Financial Results
MOLD-TEK PACKAGING LIMITED Registered Office: Plot No 700, 8-2-293/82/A/700 Road No 36. Jub ilee Hills, Hyderabad - 500033,Telangana CIN : L21022TG1997PLC026542 STATEMENT OF AUDITED FINANCIAL RESULTS FOR THE QUARTER & YEAR ENDED 31 MARCH, 2023 , In lakhs except for EPS Quarter Ended Year Ended SINo
Slide 8: Statement of Assets & Liabilities
MOLD-TEK PACKAGING LIMITED Registered Office: Plot No_700, 8-2-293/82/A/700 • Road No.36_Jubilee Hills, Hyderabad - 500033,Telangana. ClN : l21022TG1997PlC026542 STATEMENT OF ASSETS & LIABILITIES: 'I: In lakhs As at 31 March, 2023 As at 31 March, 2022 Particulars (Audited) (Audited) I. ASSETS 1. NON
Slide 9: Statement of Cash Flows
MOLD-TEK PACKAGING LIMITED Registered Office: Plot No.700, 8·2·293/82/A/700 Road No.36 Jubilee Hills, Hyderabad ·500033,Telangana CIN : L21022TG1997PLC026542 STATEMENT OF CASH FLOWS: ~Inlakhs For the year ended 31 For the year ended Particu lars March,2023 31 March, 2022 (Audited) (Audited) Cash flo
Slide 10: Press Release: Performance Highlights Q4 & FY'23
PRESS RELEASE Date: 03.05.2023 PERFORMANCE HIGHLIGHTS: Q4 & FY’23
Slide 11: Performance Highlights: Q4 & FY'23
MOLDTEK PACKAGING LIMITED PERFORMANCE HIGHLIGHTS: Q4 & FY’23 RECORD VOLUME GROWTH OF 16.30% & PAT UP BY 26.35% YOY PAT PAT UP BY 32.79% Q4 ON Q4 AND UP BY 26.35% Y ON Y VOLUME VOLUME UP BY 16.30% Y ON Y AND UP BY 8.01% Q4 ON Q4 EBIDTA EBIDTA UP BY 10.98% Q4 ON Q4 AND UP BY 11.92% Y ON Y ANNUAL PERFO
Slide 12: New Products & Developments
NEW PRODUCTS & DEVELOPMENTS: At Sultanpur Hyd, Company started Food and FMCG Products manufacturing. However the pharma division will start operations around August, 2023 onwards. SULTANPUR COMMERCIAL SUPPLIES: Construction of Sultanpur,Hyd plant (Block-A) has been completed (84000 sft) and started
Slide 13: About Moldtek Packaging Limited
ABOUT MOLDTEK PACKAGING LIMITED Moldtek Packaging Limited is the leader in manufacturing injection moulded rigid plastic packaging containers (BSE Code: 533080). Established in 1986, one of the leading players in rigid plastic packaging in India. Publicly listed in 1993. 10 Manufacturing Units, 2 st
Slide 14: FY 2022-23 Business Report
FY 2022-23 (BSE: 533080; NSE:MOLDTKPAC) BUSINESS REPORT MAY 03, 2023 www.moldtekpackaging.com
Slide 15: Table of Contents
Table of Contents Business Overview Moldtek Packaging Limited Business Report for Quarter 4 & FY2022-23 Future Roadmap Project Updates Client Updates Financial Performance CSR Activities 2
Slide 16: 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 ISO CERTIFIED U N I T S 10 Manufacturing Units, 2 stock points PAN
Slide 17: Innovations to Surge ahead
FOOD PACKAGING Constant Innovation Pioneers in launching newer & better designs First to introduce • Plastic pails for paints & lubes in India • IML Decoration – Photo realistic & Hands-free • In-house robots & label – Most cost effective Flexibility Change your design at ease Innovations to • In-ho
Slide 18: Business Strategy
Continuous Focus on Innovation Continue to invest in research to develop new products We recognize the importance of continued innovation in packaging products to cater Focusing on R&D with new features , the needs of various customers. As part of more efficient machine , new our efforts, we have be
Slide 19: Paint Packaging
Paint Pails in 8th GEN molds – Better performance all round from 1 to 20 lts PAINT PACKAGING Capacity expansion for APIL at Vizag & Mysore New Paint company considering us preferred partner status for pails Spout Lid Amongst the few companies which has got a ‘green channel clearance’ from As
Slide 20: Lubes Packaging
Range of lubricant pails over various quantity levels ranging from 5ltr-25ltr LUBES PACKAGING DEF new pack drives good growth over last quarter Long term contracts with giants like Gulf, Shell & many others CCD Lid Flat Lid Moldtek Packaging Limited 8
Slide 21: Food Packaging
FOOD PACKAGING The company added many major customers in Food & FMCG Plans to add customers in new geographies – especially around Panipat & Daman Both our plants in Panipat & Daman will have F&F capacities Moldtek Packaging Limited
Slide 22: Custom Packs
Company is continuing to push for better adoption of CUSTOM PACKS custom packs Moldtek Packaging Limited
Slide 23: Dispensing Pumps
DISPENSING PUMPS LOCKDOWN DISPENSING PUMPS TWIST & LOCK DISPENSING PUMPS Moldtek Packaging Limited 9
Slide 24: Future Roadmap & Plans
The company has significant growth plans in the next 2-3 years Future Roadmap & Plans with focus on high value adding products through both product & geographical expansion Injection Digital Expansion Packaging Blow Molding IBM with clear room New Products, Plants Variable QR manufacturing & Industr
Slide 25: Injection Blow Molding Project Update
Injection Blow Molding Project Update PROJECT PROGRESS Implementation is in full swing and on target with all departments involved Infrastructure Building for phase 1 is constructed and interiors are underway Regulated FMCG & Domestic Molds, Machines have Pharma Cosmetics Pharma been ordered S
Slide 26: Digital IML
Digital IML Unique QR coded IML with partially peel-able feature gives tremendous scope to customers PROJECT PROGRESS Moldtek supplies each container with 2 unique QR codes – one on the surface and Customer’s response is another under the peel off. Top QR provides Unique identity while beneath QR gi
Slide 27: Some of Our Customers
SOME OF OUR CUSTOMERS IN FOOD, FMCG & PHARMACEUTICAL, PAINT & LUBRICANT INDUSTRIES
Slide 28: Customers Added in Q4
Customers Added in Q4 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 82 930 800 New Food & New designs New SKUs FMCG customers processed for our proces
Slide 29: Key Financial Highlights – FY2023
Key Financial Highlights – FY2023 Snapshot +16 % • Excellent annual volume growth Revenue of 16.3% achieved INR 631.47cr to INR 729.92cr FY22 vs FY23 • Highest profit achieved +12 % +26 % Revenue EBIDTA PAT The Company recorded a total revenue of INR 729.92 Cr. in INR 122.25Cr to INR 63.66cr to FY23
Slide 30: Key Financial Highlights – Q4
Key Financial Highlights – Q4 Snapshot Finacial Performance & Highlights +4 % Revenue INR 177.92cr to INR 184.70cr Revenue Q4 vs Q4 The Company recorded a total revenue of INR 184.70cr in Q4, compared to INR 177.92 cr in last year Q4 – Growth of 4%. +11 % +32.81 % In Volume terms total tonnage of 90
Slide 31: Profit & Loss Statement
Profit & Loss Statement PARTICULARS IN (RS. CRORE) Q4 FY23 Q4 FY22 Q4oQ4 % Q3 FY23 Q4oQ3 % FY23 FY22 YoY % Revenue 184.70 177.92 4% 154.83 19% 729.92 631.47 16% Other Income 0.82 1.05 -22% 0.42 95% 1.38 1.56 -12% Total Expenditure 149.08 146.15 2% 126.41 18% 594.48 510.78 16% Material Cost 107.52 11
Slide 32: Customer Segment Analysis
Customer Segment Analysis 0.2% 11.91% 25.96% 4676 4686 2396 3796 1986 1577 1623 2141 2131 Rs.92.97 Rs.71.87 Rs.85.32 Rs.42.73 Rs.39.82 Rs.43.35 Rs.42.22 Rs.42.76 Rs.52.84 Paints Lubes Food & FMCG Q4FY'22 Q3FY'23 Q4FY'23 Q4FY'22 Q3FY'23 Q4FY'23 Q4FY'22 Q3FY'23 Q4FY'23 Revenue breakdown for major segm
Slide 33: Capacity Utilisation
Capacity Utilisation UNIT Capacity in MT Production Utilisation (%) Unit I 13850 10864 78% Unit II 3750 2604 69% Unit III 9700 7188 74% Unit IV 1250 832 67% Unit VII 5040 3088 61% Unit VIII 5400 4990 92% Unit IX 4800 4668 97% Unit XI 1500 617 41% TOTAL 45290 34851 77% VI (Film) 750 579 77% 20
Slide 34: Capacity Expansion
Capacity Expansion THIN-WALL BULK PACKS IBM+Pharma IML LABELS TOOL ROOM • 2000 MT added • Panipat, • 2000MT will be • IML • Per month in sulthanpur Cheyyur setup and commercial Sulthanpur, capacity capacity production plants in doubled to increased to Hyderabad commenced in planning 4.5 cr labels 7
Slide 35: Leverage Position
LEVERAGE POSITION Particulars in Cr. Mar-23 Mar-22 Short term Debt 21.90 7.32 Long Term Debt 13.46 25.37 Current Maturities 11.91 11.32 Total Debt 47.27 44.01 Cash & Cash Equivalents 4.88 4.12 Net Debt 42.39 39.89 Equity 558.69 457.10 Net Debt/ Equity 0.07 0.09 22
Slide 36: Ratios – Last 5 Years
RATIOS – LAST 5 YEARS FY2023 FY2022 FY2021 FY2020 FY2019 AVG RM Price 110.06 119.41 93.24 85.57 94.62 Sale Tonnage 34014 29250 26293 24262 21544 Growth % 16.29 11.25 8.37 12.62 11.52 EBITDA In Cr. 136.82 122.92 96.56 81.2 73.04 EBITDA Per KG 40.24 41.78 36.72 33.47 33.90 EBITDA Margin (%) 18.75 19.3
Slide 37: Capacity Expansion FY23
Capacity Expansion FY23 130 79 42 50 46 32 Capacity FY18 FY19 FY20 FY21 FY22 FY23* PROJECT SPENT AMOUNT IN CR. SULTANPUR (PHARMA & TW) 51 Land (Daman-2, Cheyyar) 08 LABEL (PRINTING & CUTTING) 11 TOOL ROOM 5 ADDING CAPACITY TO EXISTING PLANTS 55 TOTAL 130
Slide 38: Thank You
THANK YOU