Transcript of earnings call held on November 02, 2026

MTPL/SECT/54/2026-27 Date: November 06, 2026 To To The Secretary, The Manager, Listing Department, Listing Department, BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, G Block, Bandra Kurla Complex, Fort, Mumbai-400001. Bandra (E), Mumbai-400051. Scrip Code: 533080 Symbol: MOLDTKPAC Dear Sir/Madam, Sub: Transcript of Earnings Conference Call for Investors held on November 02, 2026. Pursuant to the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, please find enclosed herewith the transcript of the Earnings Conference Call for Investors held on November 02, 2026 to discuss the Q2 FY27 results of the Company. This is for your kind information and records. Thanking you, Yours faithfully, For Mold-Tek Packaging Limited Harshita Suresh Chandnani Company Secretary and Compliance Officer Encl: As above Registered and Corporate Office: 8-2-293/82/A/700, Road No.36, Jubilee Hills, Hyderabad – 500033, Telangana, India Phone: +91-40-40300300, E-mail Id: cs@moldtekpackaging.com / ir@moldtekpackaging.com, Website: www.moldtekpackaging.com, CIN No.: L21022TG1997PLC026542 “Mold-Tek Packaging Limited Q2 FY27 Earnings Conference Call” November 02, 2026 MANAGEMENT: MR. J. LAKSHMANA RAO – CHAIRMAN AND MANAGING DIRECTOR – MOLD-TEK PACKAGING LIMITED MODERATOR: MR. RAJESH KUMAR – EMKAY GLOBAL FINANCIAL SERVICES Page 1 of 15 Mold-Tek Packaging Limited November 02, 2026 Moderator: Ladies and gentlemen, good day, and welcome to the Mold-Tek Packaging Limited Q2 FY27 Earnings Conference Call hosted by Emkay Global Financial Services Limited. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star then zero on your touch-tone phone. Please note that this call is being recorded. I now hand the conference over to Mr. Rajesh Kumar from Emkay Global Financial Services Limited. Thank you, and over to you, sir. Rajesh Kumar: Good evening, everyone. I would like to welcome Mr. J. Lakshmana Rao, Chairman and Managing Director of Mold-Tek Packaging. We thank him for this opportunity. I shall now hand over the call to him for his opening remarks. Over to you, sir. J. Lakshmana Rao: Good evening, everybody. Thank you very much for showing interest in our quarterly con-call. I'm very glad to inform you that the sales volumes of the company in the Q2 have gone up by 10.1% compared to last Q2. And profits have jumped by 36%, resulting in a very healthy EBITDA per kg of INR46.5. So when you compare to the EBITDA per kg of last Q2, which was somewhere around INR39, there's a jump of almost 18% in EBITDA margin, which is a healthy sign considering the geopolitical situation around us. All the segments are doing very good in this quarter. And one of the main most important quarter segments for us is pharma, has grown by 26.3% in volume. Food and FMCG is up by 23.7%. Paints are also up by almost 9%, while the lubricant pack continued to be a drag with a 12.3% decline. So the quarter turned out to be a very good performer in view of better segments, better contributing segments have grown at a faster rate compared to the other segments like lubricants and paint and thereby improving the profitability of the company. And I mentioned in my previous calls, our consolidation of the units at Hyderabad, resulting in single unit producing entire IML labels under one roof has resulted in considerable savings in the cost and improved efficiencies. And also removal of a couple of production units and clubbing them in the Sultanpur unit has resulted in overall improvement in the performance and cost controls. Going forward, company is very positive about the food and FMCG because the Panipat plant started picking up clients and the numbers are slowly getting added. And by next season, starting from Jan, Feb, I think we'll be seeing good numbers witnessing -- I mean, coming from the Northern region to Panipat. And another good news is that Iodex project, which has been on hold for more than 3 years, has been cleared with some changes, and the chain molds are also getting ready by December -- November, and probably in December or Jan, we'll be starting commercial production of Iodex balm packs. Page 2 of 15 Mold-Tek Packaging Limited November 02, 2026 They run into millions of pieces a month. And again, coming to another 3 new products have been under development for 3 MNCs of sizable quantities, and they all will be launched somewhere in the end of December or January, contributing towards the growth of food and FMCG further in the next coming years also. This is briefly the highlights of the quarter. I think we can share more details on question-and-answer session. Over to the operator. Moderator: Thank you very much. We will now begin the question and answer session. The first question is from the line of Shirish Pardeshi from Motilal Oswal. Shirish Pardeshi: Congratulations. Sir, starting with the volume growth in the paint, I think paint industry is expected to deliver a good number, and there is a price increases also has been happening. But when we look at the volume growth in this quarter, which is lower, so 2 questions here: What has worked? And is there any backlog which is getting shipped in quarter 3? J. Lakshmana Rao: No, the paint volumes have grown up by 8.6%. Value-wise, they're up by 26%. So 8% to 10% is the general growth of the paint industry. So I feel comfortable growth has been already achieved in paint. And going forward, things may improve further because we are now at Cheyyar started taking orders from nearby clients in the South, which are adding numbers gradually. And hopefully, this may come close to double digits in the second half. Shirish Pardeshi: Okay. My second question is on food and FMCG. I think the volume growth is picking up. But then, just you mentioned that there are some more clients which is getting added. So is this volume growth momentum will continue in second half? J. Lakshmana Rao: Yes. I'm very confident that the volume growth will continue to grow at a healthy level because not only the current orders are being executed and the new molds are being added and 3 or 4 new products are on the pipeline, which are getting into production in November and December, which will certainly add value to the food and FMCG sector in the coming quarters. Shirish Pardeshi: Okay. That's helpful. And last on the EBITDA per kg, now we are reaching towards about INR40 plus. Rather this quarter, we have done INR46. So when this mix is tilted towards FMCG, which is a high-value, high-margin product, is it safer that the full year, we will be able to maintain more than INR45, in the range of INR45, INR50 per kg? J. Lakshmana Rao: Yes, we are confident we'll be maintaining now anything around INR45, INR46 range for sure because even this third quarter started on a strong note and we feel that the momentum going forward only can help it. But I'll be very happy even if we do INR46, which is a big jump from INR40.7 for the full year last year. So it's almost something like around 16%, 17% -- 15% growth in EBITDA margin, considering the -- apart from that, the double-digit growth is still possibly in the volume, we'll be witnessing a healthy bottom line growth. Moderator: The next question is from the line of Kaushal Sharma from Equinox Capital Ventures. Kaushal Sharma: Heartiest congratulations on a good set of numbers. Just want to get an update, like in the last call, you have told me about something development you are seeking in your upcoming product in the pharma, like dosing pens and all, and you are finding some partner for that, that would Page 3 of 15 Mold-Tek Packaging Limited November 02, 2026 reduce your time from 3 years to 1 year. So any devel [Showing first 8,000 characters — download PDF for full document]