Mold -Tek Packaging - 4QFY21 Result Update by Mr. Amarjeet Maurya, Angel Broking
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Below are Views On Mold-Tek Packaging - 4QFY21 Result Update by Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd
During the 4QFY21, Mold-Tek Packaging Ltd (MTPL) reported revenue of ~Rs161cr (up ~51% YoY) due to strong growth in volume (up by ~30%). On the EBITDA front, the company has reported Rs32cr and EBITDA margin at 19.9% (up by 272bps yoy). EBITDA margin has increased due to lower cost. On the bottom-line front, PAT grew by ~106% to Rs18cr. Overall results are above expectation and we are positive on stock.
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