This small-cap company has delivered over 200 percent returns in last two years – this small-cap company has delivered over 200 percent returns in last two years

Mumbai – Mold-Tech Packaging (MTPL) is a manufacturer of injection molded containers for paint, food, lube and other products. MTPL is one of India’s leading companies in plastic packaging. Major customers of the company are Asian Paints, Castrol, Shell, Mondelez and Hindustan Unilever. Company for next 2 years Rs. 250 crore expansion plan. The main objective in this is to create new projects and expand existing projects.

They have grown by nearly 228% in the last two years. On December 18, 2020, this stock traded at Rs. traded at 287.25 and has delivered attractive returns to shareholders over a period of two years. Whereas the S&P BSE Smallcap Index comprising the stock has returned 66.09% since December 20, 2020.

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On a consolidated basis, the company’s net revenue grew by 14.43% year-on-year to Rs. 182.55 crores. Bottom line increased by 10.36% to 19.42 crores. The company’s segments recorded growth of 4% in paint products segment, 31% in lubes and 29% in food & FMCG. The company is currently trading at a TTM PE of 41.45 times. The company has achieved ROE and ROCE of 18% and 22% respectively and the company has a market capitalization of Rs. 3,115 crores.

The company’s share on Tuesday morning was Rs. It was 959. and Rs. 959 and Rs. 939 was the high and low respectively. The last 52-week high and low of this stock in the Mumbai stock market were Rs. 1,057.85 and Rs. is 648.05.
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