Mold-Tek Technologies promoter increases stake to 50.42%

1 min read     Updated on 22 Jun 2026, 06:19 PM
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Ashish TScanX News Team
AI Summary

Sudharani Janumahanti, a promoter and Whole-Time Director of Mold-Tek Technologies Limited, acquired 12,496 equity shares through the open market on June 19, 2026. This purchase increased her total shareholding to 1,45,25,874 shares, representing 50.42% of the company's paid-up capital. The disclosure was submitted to the exchanges on June 22, 2026, under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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Sudharani Janumahanti, a promoter and Whole-Time Director of Mold-Tek Technologies , has increased her shareholding in the company to 50.42% following an open market acquisition. The transaction involved the purchase of 12,496 equity shares, raising her total voting rights stake from 50.38% to 50.42%. The disclosure was submitted to the stock exchanges on June 22, 2026, in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The acquisition was executed through the open market mechanism on June 19, 2026. Prior to this purchase, Janumahanti held 1,45,13,378 shares, which represented 50.38% of the company's total voting capital. Following the addition of 12,496 shares, her total holding stands at 1,45,25,874 shares. The equity share capital of Mold-Tek Technologies Limited remains unchanged at 2,88,05,118 equity shares of ₹2 each.

The filing confirms that the acquirer belongs to the promoter category. The disclosure also includes a list of Persons Acting in Concert (PAC) with the acquirer, comprising 23 individuals and one corporate entity, Mold-Tek Packaging Limited, all classified as either promoters or members of the promoter group. The total diluted share capital of the company remains at 2,88,05,118 equity shares.

Shareholding Details

Description Number of Shares % of Total Share Capital
Holding Before Acquisition
Shares carrying voting rights 1,45,13,378 50.38
Acquisition Details
Shares acquired 12,496 0.04
Holding After Acquisition
Shares carrying voting rights 1,45,25,874 50.42

The shares of Mold-Tek Technologies Limited are listed on BSE Limited and the National Stock Exchange of India Limited. The company's scrip code on the BSE is 526263, and the trading symbol is MOLDTECH-EQ.

Historical Stock Returns for Mold-Tek Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+3.64%+7.54%+13.72%-12.64%-8.04%+126.23%

Does this incremental increase signal a potential intention by the promoter to launch a delisting offer or further consolidate control?

How will the market interpret this move in light of the upcoming regulatory compliance deadlines for minimum public shareholding?

Are there plans for the Persons Acting in Concert (PAC) to adjust their holdings following this promoter acquisition?

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Mold-Tek Technologies Q4 FY26 PAT Turns Positive; Results Published in Newspapers

8 min read     Updated on 19 May 2026, 08:05 AM
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Anirudha BScanX News Team
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Mold-Tek Technologies reported a strong Q4 FY26 recovery with consolidated revenue rising 85.72% YoY to ₹5,548.75 lakhs and PAT turning positive to ₹228.35 lakhs. Full-year FY26 consolidated PAT stood at ₹1,009.18 lakhs on revenue of ₹18,167.67 lakhs. The audited results were published in Financial Express and Nava Telangana on May 15, 2026, per SEBI Regulations 30 and 47, with management guiding for a consolidated top line of approximately ₹250 crores in FY27.

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Mold-Tek Technologies Limited announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results at their meeting held on May 14, 2026, which were reviewed by the Audit Committee. Statutory auditors M/s. Praturi & Sriram, Chartered Accountants, issued an unmodified audit opinion on both standalone and consolidated financial statements. Pursuant to Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company also published the audited financial results in "Financial Express" (English) and "Nava Telangana" (Telugu) on May 15, 2026. The advertisements have been uploaded on the company's official website at www.moldtekengineering.com . In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company uploaded the audio recording and transcript of its investor conference call held on May 14, 2026, at 4:30 PM (IST) to discuss Q4 FY26 results on its official website.

Q4 FY26 Performance: Strong Recovery

The company delivered robust year-on-year growth in Q4 FY26, supported by improved execution across U.S. projects and operational efficiencies. On a consolidated basis, revenue surged 85.72% year-on-year, while profit after tax (PAT) turned decisively positive compared to a loss in the same quarter of the previous year. The key consolidated and standalone performance metrics for Q4 FY26 are presented below:

Metric: Q4 FY26 Q4 FY25 Change (%)
Consolidated Revenue (₹ Lakhs): 5,548.75 2,987.66 +85.72%
Consolidated EBITDA (₹ Lakhs): 456.63 (31.08) +1569.23%
Consolidated PAT (₹ Lakhs): 228.35 (156.04) +246.34%
Standalone Revenue (₹ Lakhs): 4,017.88 2,484.17 +61.74%
Standalone EBITDA (₹ Lakhs): 551.98 (41.95) +1415.83%
Standalone PAT (₹ Lakhs): 322.37 (161.34) +299.81%

On a sequential basis, consolidated revenue grew 5.36% from ₹5,266.70 lakhs, though consolidated PAT declined 41.27% from ₹388.85 lakhs. Standalone revenue rose 10.79% sequentially, while standalone PAT dipped 10.92%. During the earnings call, Chairman and Managing Director Lakshmana Rao noted that despite a mark-to-market (MTM) loss of approximately ₹4 crores on rupee depreciation, the company posted a consolidated PAT of ₹2.28 crores in Q4, compared to a loss of ₹1.62 crores in Q4 of the previous year.

Full-Year FY26 Financial Results

For the full year ended March 31, 2026, the company reported growth in revenues on both standalone and consolidated bases. The detailed income statement highlights are as follows:

Metric: FY26 (Consolidated) FY25 (Consolidated) FY26 (Standalone) FY25 (Standalone)
Revenue from Operations (₹ Lakhs): 18,167.67 14,584.90 14,280.83 12,899.83
Total Income (₹ Lakhs): 18,994.01 14,986.68 15,152.03 13,297.57
Total Expenses (₹ Lakhs): 17,689.28 13,355.16 13,797.28 11,693.65
Profit Before Tax (₹ Lakhs): 1,304.73 1,631.52 1,354.76 1,603.92
PAT (₹ Lakhs): 1,009.18 1,216.78 1,058.35 1,189.17
Basic EPS (₹): 3.51 4.26 3.68 4.16

The standalone balance sheet reflects total assets of ₹15,502.98 lakhs as at March 31, 2026, compared to ₹13,454.58 lakhs a year earlier. Consolidated total assets stood at ₹17,196.18 lakhs versus ₹13,741.85 lakhs as at March 31, 2025. During the conference call, management clarified that full-year consolidated EBITDA stood at ₹19.64 crores and standalone EBITDA at ₹20 crores, with the full-year PAT decline of approximately 17% attributed largely to MTM forex losses and costs associated with the Beryl acquisition.

Cash Flow Highlights

The standalone and consolidated cash flow statements for the year ended March 31, 2026 reflect the following key movements:

Metric: FY26 (Consolidated) FY25 (Consolidated) FY26 (Standalone) FY25 (Standalone)
Net Cash from Operating Activities (₹ Lakhs): 1,522.20 2,447.51 823.88 3,922.67
Net Cash from/(used in) Investing Activities (₹ Lakhs): 122.78 (4,736.27) (95.81) (4,727.72)
Net Cash used in Financing Activities (₹ Lakhs): (445.58) (1,294.62) (445.58) (1,294.62)
Cash & Equivalents at End of Period (₹ Lakhs): 2,517.21 1,317.80 947.56 665.06

Subsidiary Performance

The consolidated results include wholly owned subsidiaries Mold-Tek Technologies Inc., USA, and Beryl Engineering Inc., USA, along with step-down subsidiary Beryl Project Engineering LLC. Mold-Tek Technologies Inc. reflected total assets of ₹3,775.97 lakhs and total revenues of ₹14,259.08 lakhs, with a net profit of ₹30.20 lakhs for the year ended March 31, 2026. Beryl Engineering Inc. (consolidated with Beryl Project Engineering LLC) reflected total assets of ₹4,451.50 lakhs and total revenues of ₹2,344.18 lakhs, with a net loss of ₹92.10 lakhs for the year ended March 31, 2026. During the conference call, management disclosed that Beryl contributed revenues of approximately ₹23 crores over the five months since its acquisition in November 2025, with Q4 revenues of approximately ₹11 crores. Beryl's Q4 recorded a loss of approximately ₹70 lakhs, attributed to seasonally lower workflow in its first quarter of integration. The following table summarises the key subsidiary metrics discussed:

Subsidiary Metric: Details
Beryl Revenue (5 months, FY26): ~₹23 crores
Beryl Revenue (Q4 FY26): ~₹11 crores
Beryl Q4 FY26 Loss: ~₹70 lakhs
Beryl Team Size (US): 40 members
India Support Team for Beryl: 6 members (in training)
Beryl Order Book (estimated): ~$0.20–$0.50 million

Management Commentary

J. Lakshmana Rao, Chairman and Managing Director, stated: "Q4 FY25–26 marks a strong finish to the financial year, reflecting the steady recovery and momentum built over the past few quarters. Improved execution, healthy order inflows, and better utilization across divisions have contributed to stronger operational performance. The sudden drop in rupee value during the quarter has impacted the bottom line, without which the operational profit for the quarter would have been greater than ₹8 crores."

On the MES division, he noted that losses from the BIW automobile segment—estimated at over ₹7 crores during the last financial year—prompted the company to downsize its MES BIW-Automobile services team from 160 to 60 employees by end of March, with the team closure effective from April 1. The MES loss in Q4 alone was approximately ₹1.7–1.8 crores. Simultaneously, the poles and towers team has grown from 45–50 people to approximately 80 people. The company also entered into a three-year Master Service Agreement (MSA) with Danieli Corus for deployment of on-site engineers, with a mandate for 20 people and revenue potential of approximately $0.50 million per annum within one year. On hedging policy, management acknowledged that MTM losses and gains would henceforth be reported separately from operational EBITDA to provide investors a clearer picture of operational margins. The company also confirmed that the preferential allotment of 2.9 lakh shares at ₹164 was cancelled as the investor did not transfer funds within the BSE/NSE-stipulated timeline.

Divisional Outlook

The Civil and Structural (CES) Division reported a strong increase in work on hand, rising from $2.84 million at the start of the year to approximately $5.0 million at the end of Q4 FY26—a jump of approximately 60–70%. Structural design currently constitutes approximately 8–10% of overall civil services revenues, up from 100% detailing three to four years ago. Management indicated a target of 30–40% of revenues from design services over the next three to four years, to be pursued through both organic team-building and potential inorganic acquisitions. The company is in talks with a structural design company near its Atlanta office for a potential acquisition.

The Mechanical Engineering Services (MES) Division reported work on hand of $0.25 million, down from approximately $0.50 million at the start of the year, reflecting the deliberate curtailment of the BIW automobile segment. The poles and towers segment work on hand stood at $0.35 million, consistent with the prior quarter's $0.32 million. Poles and towers revenues for the last year were approximately $800K, with management projecting growth to $1.5–$2.0 million in the current year. The following table summarises the key divisional order book positions:

Division: Work on Hand
CES (End Q4 FY26): ~$5.0 million
CES (Start of Year): $2.84 million
MES – Poles & Towers (Q4 FY26): $0.35 million
MES – Overall (Q4 FY26): $0.25 million

Regarding Beryl's integration, management confirmed that not a single employee from the 40-member Beryl team had resigned in the five months since acquisition. Six engineers have been trained in India to support Beryl's design expansion, with a target of building a 15–20 member India-based support team by Q4 of the current financial year. Beryl's revenue mix was described as approximately 50% inspections, 30% permitting, and 20% design services, with approximately 50% of non-inspection work identified as suitable for gradual outsourcing to India. Management also highlighted that the company is in the middle of a regulatory tailwind from Florida's condominium inspection mandate, with completed inspections now converting into design projects. On the Nashik office development, management indicated that final municipal approvals are expected shortly, with construction to commence in June and cost savings of approximately ₹2–2.5 crores per annum expected to accrue from FY2027–28. For FY27, management guided for a consolidated top line of approximately ₹250 crores and EBITDA margin improvement from 11% to approximately 15%, supported by the elimination of MES BIW losses, Beryl's growing contribution, and productivity improvements of 10–15% already visible in April.

Historical Stock Returns for Mold-Tek Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+3.64%+7.54%+13.72%-12.64%-8.04%+126.23%

How will Mold-Tek Technologies' planned acquisition of the structural design firm near its Atlanta office impact its CES division's revenue mix and margin profile over the next two years?

Given Beryl Engineering's current loss-making status and its heavy reliance on Florida's condominium inspection mandate, what risks could emerge if regulatory timelines or enforcement of the inspection law are delayed or diluted?

As the company targets shifting 50% of Beryl's non-inspection work to its India-based support team, how might potential changes in U.S. immigration or outsourcing regulations affect this cost optimization strategy?

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