Mitsu Chem Plast

Which are the latest news on Mitsu Chem Plast?

Why is Mitsu Chem Plast Ltd falling/rising?

As of 05-Sep, Mitsu Chem Plast Ltd's stock price is Rs 177.00, reflecting a 1.34% decrease and a 3.26% decline over the last two days. Despite strong long-term performance, recent trends indicate negative investor sentiment and underperformance relative to its sector.

As of 05-Sep, Mitsu Chem Plast Ltd's stock price is falling, currently at Rs 177.00, which reflects a decrease of Rs 2.4 or 1.34%. The stock has been underperforming, having lost 3.26% over the last two days, and it has also underperformed its sector by 1.9% today. Additionally, the stock reached an intraday low of Rs 175.8, indicating a downward trend. <BR><BR>In terms of recent performance, the stock has declined by 3.23% over the past week, contrasting with the Sensex, which fell only 0.97% during the same period. Although the stock has shown strong performance over longer periods, such as a 69.14% increase year-to-date and a 64.50% increase over the past year, the recent short-term movements suggest a negative sentiment among investors. <BR><BR>Despite a rise in investor participation, with delivery volume increasing by 2.8% against the 5-day average, the stock's current trajectory indicates a struggle to maintain its value in the short term. Overall, the combination of recent declines, underperformance relative to the sector, and the consecutive days of falling prices contribute to the current downward movement of Mitsu Chem Plast Ltd's stock.

Who are in the management team of Mitsu Chem Plast?

The management team of Mitsu Chem Plast includes Jagdish Dedhia (Chairman & Wholetime Director), Sanjay Dedhia and Manish Dedhia (Joint Managing Directors), and independent directors Dilip Gosar, Neha Huddar, and Hasmukh Dedhia, along with Ankita Bhanushali (Company Secretary & Compliance Officer). They are responsible for overseeing the company's operations and governance.

The management team of Mitsu Chem Plast includes the following individuals:<BR><BR>1. Jagdish Dedhia - Chairman & Wholetime Director<BR>2. Sanjay Dedhia - Joint Managing Director<BR>3. Manish Dedhia - Joint Managing Director & CFO<BR>4. Dilip Gosar - Independent Director<BR>5. Neha Huddar - Independent Director<BR>6. Hasmukh Dedhia - Independent Director<BR>7. Ankita Bhanushali - Company Secretary & Compliance Officer<BR><BR>This team oversees the company's operations and governance, ensuring it aligns with its strategic objectives.

What does Mitsu Chem Plast do?

Mitsu Chem Plast Ltd is a micro-cap company in the packaging industry, incorporated in 1988 and publicly listed since 2016, with recent net sales of 95 Cr and a net profit of 9 Cr as of June 2026. Key financial metrics include a P/E ratio of 11.00 and a market cap of INR 252 Cr.

Overview: <BR>Mitsu Chem Plast Ltd operates in the packaging industry and is categorized as a micro-cap company.<BR><BR>History: <BR>Mitsu Chem Plast Limited was incorporated in 1988. The company changed its status to a Public Limited Company in 2016 and reported net sales and profit for the quarter ending June 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 95 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 9 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 252 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 11.00 <BR>Industry P/E: 34 <BR>Dividend Yield: 0.22% <BR>Debt-Equity: 0.57 <BR>Return on Equity: 20.58% <BR>Price to Book: 2.21 <BR><BR>Contact Details: <BR>Address: 329 Gala Complex 3rd Floor, Din Dayal Upadhyay Marg Mulund Mumbai Maharashtra : 400080 <BR>Tel: 91-22-25920055 <BR>Email: investor@mitsuchem.com <BR>Website: http://www.mitsuchem.com

Who are the peers of the Mitsu Chem Plast?

Mitsu Chem Plast's peers include B&B Triplewall, RDB Rasayans, Cropster Agro, GLEN Industries, HCP Plastene, Worth Peripheral, Shree TirupatiBa, Aeroflex Neu, and Anya Polytech. Mitsu Chem Plast has an average management risk and a 1-year return of 75.01%, outperforming peers like HCP Plastene (53.86%) and Cropster Agro (-81.71%).

Peers: The peers of Mitsu Chem Plast are B&B Triplewall, RDB Rasayans, Cropster Agro, GLEN Industries, HCP Plastene, Worth Peripheral, Shree TirupatiBa, Aeroflex Neu, Anya Polytech.<BR><BR>Quality Snapshot: Excellent management risk is observed at RDB Rasayans and Cropster Agro, while Average management risk is found at B&B Triplewall, GLEN Industries, HCP Plastene, Mitsu Chem Plast, Worth Peripheral, and Shree TirupatiBa, and the rest. Below Average management risk is noted for Aeroflex Neu and Anya Polytech. Growth is Excellent at Cropster Agro, Good at GLEN Industries, Average at RDB Rasayans, HCP Plastene, Mitsu Chem Plast, Worth Peripheral, and the rest, and Below Average at B&B Triplewall, Shree TirupatiBa, Aeroflex Neu, and Anya Polytech. Capital Structure is Excellent at RDB Rasayans and Worth Peripheral, Below Average at B&B Triplewall, GLEN Industries, HCP Plastene, Mitsu Chem Plast, Shree TirupatiBa, Aeroflex Neu, and Anya Polytech, and Average at Cropster Agro.<BR><BR>Return Snapshot: The peer with the highest 1-year return is HCP Plastene at 53.86%, while the lowest is Cropster Agro at -81.71%. Mitsu Chem Plast's 1-year return of 75.01% is significantly higher than both. Additionally, peers with negative six-month returns include RDB Rasayans, Cropster Agro, and Shree TirupatiBa.

How big is Mitsu Chem Plast?

As of 31st August, Mitsu Chem Plast Ltd has a market capitalization of 252.00 Cr, with net sales of 360.04 Cr and a net profit of 23.05 Cr reported in the latest four quarters. The balance sheet for March 2026 shows shareholder's funds of 112.41 Cr and total assets of 217.86 Cr.

As of 31st August, Mitsu Chem Plast Ltd has a market capitalization of 252.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Mitsu Chem Plast reported net sales of 360.04 Cr and a net profit of 23.05 Cr.<BR><BR>The latest annual period for the balance sheet is March 2026, showing shareholder's funds of 112.41 Cr and total assets of 217.86 Cr.

Should I buy, sell or hold Mitsu Chem Plast Ltd?

Are Mitsu Chem Plast Ltd latest results good or bad?

Mitsu Chem Plast Ltd's latest Q4 FY26 results are positive, with a net profit increase of 118.08% quarter-on-quarter and improved operating margins at 16.45%. Despite a slight revenue decline of 4.42% year-on-year, the strong profit growth indicates effective cost management and operational efficiency.

Mitsu Chem Plast Ltd's latest results for Q4 FY26 can be considered good, particularly in terms of profitability metrics. The company reported a net profit of ₹7.72 crore, which is a remarkable increase of 118.08% quarter-on-quarter. Additionally, the operating margin (excluding other income) improved significantly to 16.45%, up from 11.24% in the previous quarter, indicating strong operational efficiency.<BR><BR>While revenue for the quarter was ₹86.47 crore, showing a slight increase of 0.55% from the previous quarter, it did decline by 4.42% compared to the same quarter last year. This decline in year-on-year revenue reflects some challenges in the broader packaging industry. However, the substantial improvement in profit margins suggests that the company has effectively managed its costs and optimized its operations.<BR><BR>Overall, the dramatic margin expansion and significant profit growth in the latest quarter highlight a positive trend for Mitsu Chem Plast, despite the revenue decline. Investors may view this as a sign of operational strength and potential for future growth, provided the company can maintain these margins moving forward.

When is the next results date for Mitsu Chem Plast Ltd?

The next results date for Mitsu Chem Plast Ltd is 14 August 2026.

The next results date for Mitsu Chem Plast Ltd is scheduled for 14 August 2026.

How has been the historical performance of Mitsu Chem Plast?

Mitsu Chem Plast has shown steady growth in net sales, increasing from 138.55 Cr in Mar'20 to 332.28 Cr in Mar'25, while operating profit peaked in Mar'23 before declining. Despite challenges in profitability, total assets rose significantly, and total debt decreased, indicating improved financial stability.

Answer:<BR>The historical performance of Mitsu Chem Plast shows a steady growth trajectory in net sales and operating income over the years, with net sales increasing from 138.55 Cr in Mar'20 to 332.28 Cr in Mar'25. Operating profit, however, peaked in Mar'23 at 26.95 Cr before declining to 23.88 Cr in Mar'25. Profit before tax also experienced a downward trend from 16.41 Cr in Mar'22 to 10.01 Cr in Mar'25, while profit after tax fell from 11.80 Cr in Mar'23 to 7.25 Cr in Mar'25. The company's total assets grew from 107.57 Cr in Mar'20 to 195.46 Cr in Mar'25, reflecting an increase in shareholder's funds, which reached 96.98 Cr in Mar'25. Despite this growth, total debt decreased from 79.94 Cr in Mar'24 to 68.96 Cr in Mar'25, indicating improved financial stability. Cash flow from operating activities improved to 15.00 Cr in Mar'25, although cash flow from investing activities remained negative.<BR><BR>Breakdown:<BR>Mitsu Chem Plast's financial performance has shown significant growth in net sales, which rose from 138.55 Cr in Mar'20 to 332.28 Cr in Mar'25, indicating a robust demand for its products. Operating income followed a similar upward trend, reaching 332.28 Cr in Mar'25, although operating profit saw a slight decline from its peak of 26.95 Cr in Mar'23 to 23.88 Cr in Mar'25. Profit before tax decreased from 16.41 Cr in Mar'22 to 10.01 Cr in Mar'25, and profit after tax also fell from 11.80 Cr in Mar'23 to 7.25 Cr in Mar'25, suggesting challenges in maintaining profitability. The company's total assets increased significantly from 107.57 Cr in Mar'20 to 195.46 Cr in Mar'25, supported by a rise in shareholder's funds to 96.98 Cr. Notably, total debt decreased from 79.94 Cr in Mar'24 to 68.96 Cr in Mar'25, reflecting a strengthening balance sheet. Cash flow from operating activities improved to 15.00 Cr in Mar'25, although cash flow from investing activities remained negative, indicating ongoing investments in growth despite the challenges in profitability.

Who are the top shareholders of the Mitsu Chem Plast?

The top shareholders of Mitsu Chem Plast include promoter Lilavati Mavji Dedhia with 12.99% ownership and public shareholder Jaya Chandrakant Gogri with 1.39%. Individual investors hold a total of 28.03%, with no pledged promoter holdings or mutual funds/foreign institutional investors involved.

The top shareholders of Mitsu Chem Plast include the promoters, who hold the majority of the shares. The promoter with the highest holding is Lilavati Mavji Dedhia, who owns 12.99% of the company. Additionally, the highest public shareholder is Jaya Chandrakant Gogri, holding 1.39%. Individual investors collectively hold 28.03% of the shares. Notably, there are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors currently holding shares.

Is Mitsu Chem Plast overvalued or undervalued?

As of January 2, 2025, Mitsu Chem Plast is fairly valued with a PE ratio of 23.01 and an attractive valuation grade, especially compared to its peers like Supreme Industries and Astral, while its recent stock performance has outpaced the Sensex but shows potential volatility in the long term.

As of 2 January 2025, Mitsu Chem Plast has moved from a very attractive to an attractive valuation grade. The company is currently considered fairly valued. Key ratios include a PE ratio of 23.01, an EV to EBITDA of 10.59, and a ROCE of 11.07%. <BR><BR>In comparison to its peers, Mitsu Chem Plast's valuation appears reasonable, especially when compared to Supreme Industries and Astral, which are deemed very expensive with PE ratios of 57.34 and 78.35, respectively. While Mitsu Chem Plast's recent stock performance has outpaced the Sensex over the past month, with a return of 16.07% compared to the Sensex's 3.87%, its longer-term performance has lagged, indicating potential volatility in its valuation outlook.

What is the technical trend for Mitsu Chem Plast?

As of June 5, 2025, Mitsu Chem Plast's technical trend is neutral with mixed indicators, showing a shift from mildly bearish to sideways, as weekly and monthly MACD signals are mildly bullish, while daily moving averages and Bollinger Bands present short-term weakness.

As of 5 June 2025, the technical trend for Mitsu Chem Plast has changed from mildly bearish to sideways. The weekly MACD is mildly bullish, while the monthly MACD is also mildly bullish, indicating some positive momentum. However, the daily moving averages are mildly bearish, suggesting short-term weakness. The Bollinger Bands show a bullish signal on the weekly timeframe but are mildly bearish on the monthly timeframe, reflecting mixed signals. The KST is bullish weekly but bearish monthly, and Dow Theory supports a mildly bullish stance on both weekly and monthly charts. Overall, the current technical stance is neutral with mixed indicators, showing a lack of clear direction.

What is the bonus history of the Mitsu Chem Plast?

Mitsu Chem Plast issued a 2:1 bonus share on January 28, 2020, with a record date of January 29, 2020, effectively doubling shareholders' holdings.

Mitsu Chem Plast has a bonus history that includes a 2:1 bonus issue announced with an ex-date of January 28, 2020. The record date for this bonus was January 29, 2020. This means that for every share held, shareholders received an additional share, effectively doubling their holdings at that time. If you have any more questions about the company or its financial activities, feel free to ask!

Has Mitsu Chem Plast declared dividend?

Mitsu Chem Plast Ltd has declared a 2% dividend, amounting to ₹0.2 per share, with an ex-date of August 20, 2024. Despite this dividend, the company's total returns have shown significant declines over various periods, particularly in the long term.

Mitsu Chem Plast Ltd has declared a 2% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 2%<BR>- Amount per share: 0.2<BR>- Ex-date: 20 Aug 24<BR><BR>Dividend Yield: 0.16%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -1.25%, with a dividend return of 0%, resulting in a total return of -1.25%.<BR><BR>Over the past year, the price return was -10.69%, with a dividend return of 0.14%, leading to a total return of -10.55%.<BR><BR>In the 2-year period, the price return was -36.8%, the dividend return was 0.22%, culminating in a total return of -36.58%.<BR><BR>For the 3-year period, the price return stood at -52.82%, with a dividend return of 0.22%, resulting in a total return of -52.6%.<BR><BR>In the 4-year period, the price return was -45.49%, the dividend return was 0.37%, leading to a total return of -45.12%.<BR><BR>Finally, over the last 5 years, the price return was 46.74%, with a dividend return of 1.37%, resulting in a total return of 48.11%.<BR><BR>Overall, while Mitsu Chem Plast has declared a dividend, the total returns over various periods indicate significant price declines, particularly in the longer term, despite a positive return in the last 5 years.