{"id":129432,"date":"2022-05-10T04:29:18","date_gmt":"2022-05-10T08:29:18","guid":{"rendered":"https:\/\/44.250.171.167\/?p=129432"},"modified":"2022-10-06T03:26:26","modified_gmt":"2022-10-06T07:26:26","slug":"mold-tek-packaging-limited-q4-fy22-earnings-conference-call-insights","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/mold-tek-packaging-limited-q4-fy22-earnings-conference-call-insights\/","title":{"rendered":"Mold-Tek Packaging Limited Q4 FY22 Earnings Conference Call Insights"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"Mold Tek Packaging Ltd Q4 FY22 Earnings Concall\" width=\"500\" height=\"375\" src=\"https:\/\/www.youtube.com\/embed\/_bS7ShBwLX0?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><strong>Key highlights from Mold-Tek Packaging Limited (<a href=\"https:\/\/44.250.171.167\/symbol\/MOLDTKPAC\/\">MOLDTKPAC<\/a>) Q4 FY22 Earnings Concall<\/strong><\/p>\n<p><strong>Q&amp;A Highlights:<\/strong><\/p>\n<ul>\n<li>Ravi Naredi from Naredi Investments asked for the reason for debtors rising too much as on 31 March, 2022 from INR90 crores last year to INR143 crores. Laxman Rao MD said that the sales growth was almost 33%. When the sales grow more rapidly towards the end, the billing value has increased by almost 35%, 36% vs. last Feb. and Mar. So raw material prices have shot up making the debtors look ballooned. And also credit period increased by certain clients like Asian Paints.<\/li>\n<\/ul>\n<ul>\n<li>Kaushal Shah from Dhanki Securities asked about the 4Q22 volume numbers for the three segments. Laxman Rao MD answered that the volume numbers of paint for Q4 is 4,676 tonnes; lube is 2,140 tonnes, Food and FMCG is around 1,580 tonnes. Overall it is around 8,400 tonnes.<\/li>\n<\/ul>\n<ul>\n<li>Kaushal Shah from Dhanki Securities enquired about some client names on the F&amp;F side which can add to volumes in the current year. Laxman Rao MD replied that Hindustan Unilever and GSK is more or less confirmed, mold development has also been cleared by them. But the molds will be tested and all that will take time. So first one will be in June, others MOLDTKPAC will do sometime in July, August.<\/li>\n<\/ul>\n<ul>\n<li>Bhargav Buddhadev from Kotak Mahindra asked about the revenue run rate the company is looking from the QR coded business in FY23. Laxman Rao MD replied that MOLDTKPAC will be very happy even if it can reach at least 5-6% of revenue coming through this QR coded, which means about INR30-35 crores.<\/li>\n<\/ul>\n<ul>\n<li>Bhargav Buddhadev from Kotak Mahindra enquired about any update on the pump business. Laxman Rao MD said that with Himalaya, the company has progressed, they&#8217;re also very much stuck with the drop in volumes. However, MOLDTKPAC is inching up and at least INR50-60 lakhs per month sales were achieved in 4Q. Wipro\u2019s commitment has been postponed to Dec. \u201922 of 2 million pieces.<\/li>\n<\/ul>\n<ul>\n<li>Miraj Shah from Dalal &amp; Broacha asked about the reason for the realization per kilo dropping in 4Q22. Laxman Rao MD clarified that MOLDTKPAC\u2019s pricing strategy is always passing on the previous month price to the next month billing. So whatever price rise in the month of March is realized only in April. And in the case of Asian Paints, which is one of the largest customers, it is quarterly basis.<\/li>\n<\/ul>\n<ul>\n<li>Atul from Centrum Broking Limited asked that at what capacity level MOLDTKPAC should expect a healthy free cash flow generation. Laxman Rao MD replied that for the company\u2019s major expansions, it would require cash flow generation to the tune of INR200 crores in the next 2-2.5 years. And that is where MOLDTKPAC made the QIP recently.<\/li>\n<\/ul>\n<ul>\n<li>Atul from Centrum Broking Limited asked about the company\u2019s current total capacity and utilization rate. Laxman Rao MD replied that it\u2019s 44,500. And the utilization rate is close to 70%.<\/li>\n<\/ul>\n<ul>\n<li>Atul from Centrum Broking Limited also asked that on the FMCG part, what percentage would be edible oil and what percentage will be ice creams. Laxman Rao MD answered that it\u2019s not ice cream, it&#8217;s a mix of all food products. Out of 43 crores clogged in Q4, 30 crores is thin wall and 13 crores in edible oil packs.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Key highlights from Mold-Tek Packaging Limited (MOLDTKPAC) Q4 FY22 Earnings Concall Q&amp;A Highlights: Ravi Naredi from Naredi Investments asked for the reason for debtors rising too much as on 31 March, 2022 from INR90 crores last year to INR143 crores. Laxman Rao MD said that the sales growth was almost 33%. When the sales grow [&hellip;]<\/p>\n","protected":false},"author":1767,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9825,392,12],"tags":[8196],"class_list":["post-129432","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-call-highlights","category-earnings","category-other-industries","tag-packaging"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":145001,"url":"https:\/\/alphastreet.com\/india\/mold-tek-packaging-limited-q4-fy23-earnings-conference-call-insights\/","url_meta":{"origin":129432,"position":0},"title":"Mold-Tek Packaging Limited Q4 FY23 Earnings Conference Call Insights","author":"Praveen","date":"May 4, 2023","format":false,"excerpt":"Key highlights from Mold-Tek Packaging Limited (MOLDTKPAC) Q4 FY23 Earnings Concall Management Update: [00:03:25] MOLDTKPAC recorded one of the best volume growths in its history at 16.3% and PAT was up by 26.3%. Q&A Highlights: [00:04:49] Karan Khanna from Ambit Capital enquired on the current status of pharma packaging business,\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":131760,"url":"https:\/\/alphastreet.com\/india\/mold-tek-packaging-limited-q1-fy23-earnings-conference-call-insights\/","url_meta":{"origin":129432,"position":1},"title":"Mold-Tek Packaging Limited Q1 FY23 Earnings Conference Call Insights","author":"Praveen","date":"July 28, 2022","format":false,"excerpt":"https:\/\/youtu.be\/-7DXRiQDx-c Key highlights from Mold-Tek Packaging Limited (MOLDTKPAC) Q1 FY23 Earnings Concall Management Update: MOLDTKPAC said it\u2019s all segments reached historical volumes in 1Q23, enabling the company to achieve 55% volume growth in sales. MOLDTKPAC also said that in volume terms, it\u2019s the first time in the history of the\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":130577,"url":"https:\/\/alphastreet.com\/india\/everest-kanto-cylinder-limited-q4-fy22-earnings-conference-call-insights\/","url_meta":{"origin":129432,"position":2},"title":"Everest Kanto Cylinder Limited Q4 FY22 Earnings Conference Call Insights","author":"Praveen","date":"June 9, 2022","format":false,"excerpt":"https:\/\/youtu.be\/T3xFXKQGa0E Key highlights from Everest Kanto Cylinder Limited (EKC) Q4 FY22 Earnings Concall Q&A Highlights: Ravi Naredi of Naredi Investments asked about EKC\u2019s current order book and the sector contributing to those orders. Puneet Khurana MD replied that the order book is very strong and it\u2019s mainly from the CNG\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":144979,"url":"https:\/\/alphastreet.com\/india\/mold-tek-packaging-limited-moldtkpac-q4-fy23-earnings-concall-transcript\/","url_meta":{"origin":129432,"position":3},"title":"Mold-Tek Packaging Limited (MOLDTKPAC) Q4 FY23 Earnings Concall Transcript","author":"IRS_INDIA","date":"May 4, 2023","format":false,"excerpt":"Mold-Tek Packaging Limited (NSE:MOLDTKPAC) Q4 FY23 Earnings Concall dated May. 03, 2023. Corporate Participants: Janumahanti Lakshmana Rao\u00a0--\u00a0Chairman and Managing Director Analysts: Abhishek Navalgund\u00a0--\u00a0Nirmal Bang Institutional Equities -- Analyst Karan Khanna\u00a0--\u00a0Ambit Capital -- Analyst Sandeep Agarwal\u00a0--\u00a0Naredi Investments -- Analyst Bhargav Buddhadev\u00a0--\u00a0Kotak Mutual Fund -- Analyst Koushik Mohan\u00a0--\u00a0Ashika Stock Broking -- Analyst\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"Earnings Conference Call Transcript","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":127347,"url":"https:\/\/alphastreet.com\/india\/mtar-technologies-ltd-q3-fy22-earnings-conference-call-insights\/","url_meta":{"origin":129432,"position":4},"title":"MTAR Technologies Ltd Q3 FY22 Earnings Conference Call Insights","author":"Praveen","date":"February 14, 2022","format":false,"excerpt":"https:\/\/www.youtube.com\/watch?v=xjxB25KTmvs Key highlights from MTAR Technologies Ltd (MTARTECH) Q3 FY22 Earnings Concall Management Update: Looking at the current year and the final quarter, the company is confident of the revenue guidance given earlier of 20-25% and also revises it upwards to about 30-35%. And having a clear roadmap of order\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":130874,"url":"https:\/\/alphastreet.com\/india\/salasar-techno-engineering-ltd-q4-fy22-earnings-conference-call-insights\/","url_meta":{"origin":129432,"position":5},"title":"Salasar Techno Engineering Ltd Q4 FY22 Earnings Conference Call Insights","author":"Praveen","date":"June 28, 2022","format":false,"excerpt":"https:\/\/youtu.be\/WLjIHDHmuFY Key highlights from Salasar Techno Engineering Ltd (SALASAR) Q4 FY22 Earnings Concall Q&A Highlights: Viral Shah of YES Securities asked about the bid pipeline. Shashank Agarwal MD replied that the company has become selective in bidding the tenders as of now as it has a good order book in\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/129432","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1767"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=129432"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/129432\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=129432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=129432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=129432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}