Wikipedia

Mold-Tek Packaging

Mold-Tek Packaging Limited is an Indian company specializing in the manufacture of rigid plastic packaging. Founded in 1997 and headquartered in Hyderabad, Telangana, the company is publicly listed on both the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE).[2]

Mold-Tek Packaging Limited
Company typePublic
BSE: 533080 NSE: MOLDTKPAC
IndustryPackaging
Headquarters
Hyderabad
,
India
Number of locations
10
Area served
Global
Key people
Janumahanti Lakshmana Rao
ProductsRigid plastic packaging
Number of employees
627 [1]
Websitewww.moldtekpackaging.com

Overview edit

Mold-Tek Packaging Limited is known for its packaging products, catering to various industries including paints, lubricants, food and beverage, Pharmaceuticals, and sanitizers. The company's offerings include paint packaging,[3] lubricant packs, food containers, bulk packaging, dispenser pumps, and sanitizer containers.[4][5][6]

History edit

Established in 1997.[7]

Products and Services edit

The company's product portfolio includes a wide range of packaging products such as paint packaging,[8] lubricant packs, food containers, bulk packaging, dispenser pumps, and sanitizer containers. Mold-Tek Packaging Limited also offers decoration services including in-mould labelling (IML) decoration, heat transfer label (HTL), and silk screen printing.[9][10]

Manufacturing Facilities edit

Mold-Tek Packaging Limited operates 10 processing plants and three stock points across India, equipped with injection molding machines.[11][12][13]

Subsidiary edit

Mold-Tek Packaging Limited operates a subsidiary, Mold-Tek Packaging FZE, based in the United Arab Emirates (UAE).[14]

Market Performance edit

As of the latest financial reports, Mold-Tek Packaging Limited is a public company with a market capitalization of US$500 million. The company's revenue is expected to grow at a rate of 20% annually, reaching INR 8.84 billion by 2025, according to analyst estimates.[5][15][16]

References edit

  1. ^ Mold-Tek Packaging Limited Profile
  2. ^ "Mold-Tek Packaging Limited (MOLDTKPAC.NS) Company Profile & Facts - Yahoo Finance". finance.yahoo.com. Retrieved 2024-04-04.
  3. ^ "Mold-Tek Packaging to supply pails for new Asian Paints units". BusinessLine. 2016-07-07. Retrieved 2024-04-04.
  4. ^ Research, Nirmal Bang Institutional (2024-03-07). "Mold-Tek Packaging - Deep Dive Into Pharma Packaging Opportunity: Nirmal Bang". NDTV Profit. Retrieved 2024-04-04.
  5. ^ a b "Mold-Tek Packaging Limited Just Missed Earnings - But Analysts Have Updated Their Models". simplywall.st. 2024-02-14. Retrieved 2024-04-04.
  6. ^ "Mold-Tek Pack Standalone December 2023 Net Sales at Rs 165.46 crore, up 6.86% Y-o-Y". Moneycontrol. 2024-02-09. Retrieved 2024-04-04.
  7. ^ sundeep (2024-02-14). "Top 10 Packaging Manufacturing Companies in India 2024". TNIE Express deals. Retrieved 2024-04-04.
  8. ^ "Mold-Tek Packaging gains on receiving LoA from Grasim Industries – Birla Paints Division | Udaipur Kiran". udaipurkiran.com. 2022-10-10. Retrieved 2024-04-04.
  9. ^ "Mold-Tek Packaging to invest ₹120 cr in T". The Times of India. 2024-01-09. ISSN 0971-8257. Retrieved 2024-04-04.
  10. ^ "Durst Group Celebrates Milestone Installation at Mold-Tek Packaging Limited, Revolutionizing Digital Printing for In-Mold Labels". lino.gr. 2024-03-13. Retrieved 2024-04-04.
  11. ^ V Kurmanath, K. (2024-01-09). "Packaging firm Mold-Tek opens plants in Tamil Nadu, Telangana, Haryana". BusinessLine. Retrieved 2024-04-04.
  12. ^ "Mold-Tek Packaging to add 9,000-10,000 tonne capacity in FY24". CNBCTV18. 2024-01-09. Retrieved 2024-04-04.
  13. ^ Bureau, The Hindu (2024-01-08). "Eyeing more capacity, Mold-Tek Packaging opens three units, one more on cards". The Hindu. ISSN 0971-751X. Retrieved 2024-04-04.
  14. ^ Natti, Sunitha (2015-02-19). "Mold-Tek Gearing up to Venture Overseas". The New Indian Express. Retrieved 2024-04-04.
  15. ^ Securities, Axis (2024-02-13). "Mold-Tek Packaging Q3 Review - Strong Volumes Ahead With Recovery In Paints; Revise To Buy: Axis Securities". NDTV Profit. Retrieved 2024-04-04.
  16. ^ Livemint (2023-05-03). "Mold-Tek Packaging declares dividend, net profit up 32% in Q4". mint. Retrieved 2024-04-04.


 

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