Mold-Tek Technologies Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Mold-Tek Technologies reported a sharp sequential and year-on-year jump in profitability for Q1 FY27, driven by cost reduction in the MES automobile division, higher automation-led productivity, and the absence of prior-quarter mark-to-market losses. Management said Beryl, the recently acquired US company, did not yet contribute to the bottom line during the quarter as its India-based design team was still being built. The company also described new work secured in power transmission and distribution design for US data centers and discussed plans for a possible acquisition of a US structural design firm.
Mold-Tek Technologies reported a Q4 FY26 profit of INR 2.28 crores compared to a loss of INR 1.62 crores in Q4 FY25, while full-year PAT declined 17% to INR 10 crores. Management attributed the quarterly improvement to the Beryl acquisition contributing revenue for five months and stronger civil structural work on hand, while a decision was taken to downsize the BIW automobile team from 160 to 60 people due to prolonged weak demand. The company also recorded a mark-to-market forex loss of about INR 4 crores during the quarter due to rupee depreciation.