Mold-Tek Packaging Reports Record Q1 FY27 Performance; Quarterly Revenue Crosses ₹300 Crore

BY ADMIN • FILED 30 Jul 2026, 2:24 PM

Mold-Tek Packaging Limited has reported a strong performance for the first quarter of FY27, achieving its highest-ever quarterly revenue and improved operating margins. During the company’s earnings conference call, Chairman and Managing Director J. Lakshmana Rao said quarterly turnover crossed the ₹300 crore mark for the first time, driven by higher sales of value-added products and effective pass-through of raw material cost increases.

Key Business Highlights

Quarterly Revenue: Crossed ₹300 crore for the first time
Record EBITDA per kg: ₹46.7 per kg, the highest in the company’s history
Margin Expansion: Driven by operational efficiencies, an improved product mix, and higher value-added sales

Operational Efficiency Improves Margins

Mold-Tek Packaging reported a significant improvement in profitability during the quarter, with EBITDA per kilogram increasing to a record ₹46.7, well above its previous peak range of ₹40–₹42 per kg.

The improvement was supported by several operational initiatives:

Manufacturing Consolidation

The company streamlined its Hyderabad operations by reducing the number of manufacturing facilities from five plants to two, resulting in lower overhead costs and improved operating efficiency.

Focus on Value-Added Products

A higher contribution from premium packaging solutions for the food, FMCG, and pharmaceutical sectors helped improve margins and strengthen profitability.

Raw Material Cost Pass-Through

Management said the company successfully passed higher raw material costs on to customers, protecting margins despite fluctuations in input prices.

Business Mix Continues to Diversify

Mold-Tek Packaging is gradually reducing its dependence on the decorative paints segment while expanding its presence in faster-growing consumer and healthcare markets.

Paint Packaging

Contributes around 46% of revenue and 50% of sales volume.
Management expects the segment to grow at an annual rate of 8%–10%.
Its contribution to total revenue is projected to decline to around 40% over the next three to four years as other businesses grow faster.

Food & FMCG Packaging

Accounts for approximately 24% of revenue, increasing to 28%–29% when including related packaging products.
Expected to grow at a compound annual growth rate (CAGR) of 18%–20% over the medium term.

Pharmaceutical Packaging

Currently contributes around 3.5% of revenue and 2% of sales volume.
Management expects the segment to deliver a 40%–50% CAGR over the next three to four years, supported by new customer additions and increasing demand for specialized packaging solutions.