It was good to finally get some further insights on the EV related demand for MoldTek Technologies from Mr. Rao. I am also glad someone asked a question about growth guidance to Mr. Rao in the MoldTek Packaging concall, but he was kind enough to answer.
As per him, this seems to be the start of a strong period of growth, last year as it is has been great. But he is guiding for USD 23-24 Million from this years USD 18 million, so could be a 25-30% grower even from here on. The TAM is large for both end businesses and there should also be longevity of growth. I am attaching the relevant snapshot of the latest concall from MoldTek packaging below where they talk about MoldTek Technologies.
Disclosure : Invested since beginning of the year in self and family accounts and hence I am also biased. I am not a SEBI registered advisor and this is not investment advice.
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