Mitsu Chem Plast

how big is Mitsu Chem Plast?

As of Jun 06, Mitsu Chem Plast Ltd has a market capitalization of 165.65 Cr, with recent net sales of 332.28 Cr and a net profit of 7.25 Cr. Shareholder's funds are valued at 79.38 Cr, and total assets amount to 194.34 Cr.

Market Cap: As of Jun 06, Mitsu Chem Plast Ltd has a market capitalization of 165.65 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest 4 quarters, Mitsu Chem Plast reported Net Sales of 332.28 Cr and a Net Profit of 7.25 Cr. This data is based on Standalone financials.<BR><BR>Balance Sheet Snapshot: This is based on Standalone data for the latest annual period ending in Mar'24. The Shareholder's Funds are valued at 79.38 Cr, and the Total Assets amount to 194.34 Cr.

What does Mitsu Chem Plast do?

Mitsu Chem Plast Ltd is a micro-cap company in the packaging industry, incorporated in 1988, with recent quarterly net sales of 90 Cr and net profit of 4 Cr as of March 2025. Key financial metrics include a market cap of Rs 163 Cr, P/E of 23.00, and a debt-equity ratio of 1.01.

Overview: <BR>Mitsu Chem Plast Ltd operates in the packaging industry and is classified as a micro-cap company.<BR><BR>History: <BR>Mitsu Chem Plast Limited was incorporated in 1988. The company changed its name to "Mitsu Chem Plast Private Limited" on May 11, 2016, and subsequently became a Public Limited Company, adopting the name "Mitsu Chem Plast Limited" with a fresh Certificate of Incorporation issued on June 08, 2016. The latest quarterly results reported net sales and net profit for March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 90 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 4 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 163 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 23.00 <BR>Industry P/E: 41 <BR>Dividend Yield: 0.16% <BR>Debt-Equity: 1.01 <BR>Return on Equity: 9.13% <BR>Price to Book: 2.10 <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

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.

Who are the peers of the Mitsu Chem Plast?

Mitsu Chem Plast's peers include EPL Ltd, AGI Greenpac, Uflex, Polyplex Corpn, TCPL Packaging, Hind.Natl.Glass, Kaira Can, Hind.Tin Works, and Barflex Poly. Polyplex Corpn leads in 1-year returns at 66.64%, while Mitsu Chem Plast has a return of -19.31%.

Peers: Mitsu Chem Plast's peers include EPL Ltd, AGI Greenpac, Uflex, Polyplex Corpn, TCPL Packaging, Hind.Natl.Glass, Kaira Can, Hind.Tin Works, and Barflex Poly.<BR><BR>Quality Snapshot: Excellent management risk is observed at EPL Ltd, TCPL Packaging, and Mitsu Chem Plast, while Average management risk is found at AGI Greenpac, Uflex, Kaira Can, Hind.Tin Works, and Barflex Poly. Below Average management risk is noted for Polyplex Corpn, while Hind.Natl.Glass does not qualify. In terms of Growth, Good growth is seen at TCPL Packaging, while Average growth is found at AGI Greenpac, and the rest have Below Average growth. For Capital Structure, Excellent capital structure is noted at Polyplex Corpn and Kaira Can, Good at EPL Ltd, and the rest have Below Average or do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Polyplex Corpn at 66.64%, while Mitsu Chem Plast has a 1-year return of -19.31%, indicating a significantly lower performance. The peer with the lowest 1-year return is Barflex Poly at 0.00%. Additionally, Hind.Natl.Glass, Kaira Can, Hind.Tin Works, and Mitsu Chem Plast have negative six-month returns.

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.

Who are in the management team of Mitsu Chem Plast?

As of March 2023, the management team of Mitsu Chem Plast includes Jagdish Dedhia (Chairman & Wholetime Director), Sanjay Dedhia and Manish Dedhia (Joint Managing Directors), along with several independent directors and the Company Secretary, Ankita Bhanushali. They oversee the company's operations and strategic direction.

As of March 2023, 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 is responsible for overseeing the company's operations and strategic direction.

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.

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.

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

The next results date for Mitsu Chem Plast Ltd is January 30, 2026.

The next results date for Mitsu Chem Plast Ltd is scheduled for January 30, 2026.

Are Mitsu Chem Plast Ltd latest results good or bad?

Mitsu Chem Plast Ltd's latest Q3 FY26 results are positive, showing a net profit increase of 218.24% year-on-year and improved operating margins at 11.24%. However, despite modest revenue growth, a sequential decline raises concerns about consistency that the company needs to address.

Mitsu Chem Plast Ltd's latest results for Q3 FY26 can be considered quite positive overall, particularly in terms of profitability metrics. The company reported a net profit of ₹4.71 crore, which marks a remarkable increase of 218.24% year-on-year and a 150.53% increase compared to the previous quarter. This significant growth in net profit indicates a strong turnaround from earlier periods.<BR><BR>Operating margins also improved substantially, reaching 11.24%, up from 6.36% in the previous quarter and 6.85% a year ago. This margin expansion reflects effective cost management and operational efficiency, despite a slight decline in revenue. The revenue for the quarter was ₹86.00 crore, showing a year-on-year growth of 6.89%, although it did decline by 6.95% sequentially from the previous quarter.<BR><BR>While the revenue growth is modest and the sequential decline raises some concerns about consistency, the strong profit margins and improved profitability metrics suggest that the company is making strides in enhancing its operational performance. However, the volatility in revenue and margins over recent quarters indicates that there are still challenges to address.<BR><BR>In summary, Mitsu Chem Plast's latest results highlight a strong improvement in profitability, which is a positive sign, but the company must work on achieving more consistent revenue growth to solidify this positive trend.

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

Why is Mitsu Chem Plast Ltd falling/rising?

As of 17-Mar, Mitsu Chem Plast Ltd's stock price is at 88.15, reflecting a significant decline of 25.11% over the last month and 15.77% year-to-date. The stock has consistently underperformed, trading below all moving averages and experiencing a negative sentiment despite increased investor participation.

As of 17-Mar, Mitsu Chem Plast Ltd's stock price is falling, currently at 88.15, which reflects a decrease of 0.7 or 0.79%. The stock has been underperforming significantly, with a decline of 7.36% over the past week and a substantial 25.11% drop over the last month. Year-to-date, the stock is down 15.77%, while it has also seen a decline of 40.96% over the past three years, contrasting sharply with the Sensex, which has gained 31.18% in the same period.<BR><BR>Today's performance indicates that the stock has underperformed its sector by 2.26% and has experienced a consecutive fall for the last three days, accumulating a total decline of 7.41% during this period. Furthermore, Mitsu Chem Plast is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bearish trend. <BR><BR>Despite a notable increase in investor participation, with delivery volume rising by 98.43% against the 5-day average, the overall sentiment remains negative, contributing to the stock's downward trajectory.

Why is Mitsu Chem Plast Ltd falling/rising?

As of 18-Mar, Mitsu Chem Plast Ltd's stock price is rising to Rs 90.40, but it has faced significant long-term challenges, including a 22.48% decline over the past month and a high Debt to EBITDA ratio of 2.69, raising investor concerns. Despite positive financial results, the stock's consistent underperformance against benchmarks contributes to a cautious outlook.

As of 18-Mar, Mitsu Chem Plast Ltd's stock price is rising, currently at Rs 90.40, reflecting an increase of Rs 2.25 or 2.55%. This rise follows a trend reversal after four consecutive days of decline. The stock has outperformed its sector by 0.41% today and reached an intraday high of Rs 91, marking a 3.23% increase at that peak.<BR><BR>Despite the positive movement today, the stock has faced significant challenges over the longer term. Over the past week, it has decreased by 5.04%, and over the past month, it has fallen by 22.48%. Year-to-date, the stock is down 13.62%, and it has underperformed against the benchmark Sensex, which has only declined by 9.99% in the same period. <BR><BR>The company has reported very positive financial results, including a remarkable 218.24% growth in net profit and strong operating profit metrics. However, it also has a high Debt to EBITDA ratio of 2.69 times, indicating a low ability to service its debt, which raises concerns among investors. Additionally, the stock has consistently underperformed against benchmarks over the last three years, contributing to a lack of investor confidence.<BR><BR>In summary, while Mitsu Chem Plast Ltd is experiencing a short-term rise in stock price, the long-term outlook remains cautious due to significant past declines, high debt levels, and underperformance against market benchmarks.

Why is Mitsu Chem Plast Ltd falling/rising?

As of 19-Mar, Mitsu Chem Plast Ltd's stock price is currently rising at 90.85, but it has declined by 18.93% over the past month and is trading below all key moving averages, indicating a longer-term downward trend despite recent short-term gains.

As of 19-Mar, Mitsu Chem Plast Ltd's stock price is rising, currently at 90.85, with a change of 0.45 (0.5%) increase. This upward movement is notable as the stock has been gaining for the last two days, achieving a total return of 3.06% during this period. Additionally, it has outperformed its sector by 3.01%. <BR><BR>However, it is important to consider the broader context of the stock's performance. Over the past week, the stock has declined by 4.57%, and over the past month, it has fallen by 18.93%. Despite the recent gains, the stock is still trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term downward trend. Furthermore, there has been a decrease in investor participation, with delivery volume dropping by 27.27% compared to the 5-day average.<BR><BR>In summary, while Mitsu Chem Plast Ltd is experiencing a short-term rise in price, the overall trend remains concerning due to significant declines in the past month and lower investor engagement.

Why is Mitsu Chem Plast Ltd falling/rising?

As of 20-Mar, Mitsu Chem Plast Ltd's stock price is at 89.85, down 1.0 (-1.1%), continuing a trend of underperformance against the Sensex with significant declines over various periods. The stock is trading below its moving averages and has recently shown a bearish trend despite increased investor participation.

As of 20-Mar, Mitsu Chem Plast Ltd's stock price is falling, currently at 89.85, reflecting a decrease of 1.0 (-1.1%). This decline is part of a broader trend, as the stock has underperformed relative to the Sensex and has shown negative returns over various periods. For instance, over the past week, the stock has decreased by 3.18%, while the Sensex has only fallen by 0.04%. In the last month, the stock's performance has been even more pronounced, with a drop of 18.93% compared to a 10.00% decline in the Sensex.<BR><BR>Additionally, the stock has been trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Today's performance also shows that the stock has underperformed its sector by 1.05%. Although there has been a notable increase in investor participation, with delivery volume rising by 158.13% against the 5-day average, this has not been sufficient to counteract the overall downward movement in the stock price. Furthermore, the stock has experienced a trend reversal, falling after two consecutive days of gains, which further contributes to the current decline.

Why is Mitsu Chem Plast Ltd falling/rising?

As of 23-Mar, Mitsu Chem Plast Ltd's stock price is Rs 88.20, down 2.0% and reflecting a downward trend with a total decline of 2.92% over the last two days. The stock has significantly underperformed over the past month and year-to-date, despite a rise in net profit, due to challenges like a high Debt to EBITDA ratio and consistent underperformance against benchmarks.

As of 23-Mar, Mitsu Chem Plast Ltd's stock price is falling, currently at Rs 88.20, reflecting a decrease of Rs 1.8 or 2.0%. The stock has been on a downward trend, having lost value for the last two consecutive days, resulting in a total decline of 2.92% during this period. Although the stock opened with a gain of 2.11% today and reached an intraday high of Rs 91.9, it subsequently fell to a low of Rs 88, indicating volatility within the trading session.<BR><BR>The stock's performance over the past week shows a slight decline of 0.73%, while it has significantly underperformed over the past month with a drop of 18.54%, compared to a 12.72% decline in the Sensex. Year-to-date, the stock is down 15.72%, which is worse than the benchmark's decline of 14.70%. Over the last three years, Mitsu Chem Plast has experienced a substantial drop of 38.43%, contrasting sharply with the Sensex's gain of 25.50%.<BR><BR>Despite some positive factors, such as a notable increase in net profit and attractive valuation metrics, the company faces challenges including a high Debt to EBITDA ratio of 2.69 times, indicating low ability to service debt. Additionally, the stock has consistently underperformed against benchmarks, generating a return of -5.90% over the past year while profits have risen by 76.3%. This combination of factors contributes to the stock's current downward trajectory.

Why is Mitsu Chem Plast Ltd falling/rising?

As of 24-Mar, Mitsu Chem Plast Ltd's stock price is Rs 86.80, down 1.87%, reflecting a downward trend with an 18.23% decline over the past month. Despite some positive financial indicators, concerns about high debt and consistent underperformance contribute to the stock's decline.

As of 24-Mar, Mitsu Chem Plast Ltd's stock price is falling, currently at Rs 86.80, which reflects a decrease of Rs 1.65 or 1.87%. The stock has been on a downward trend, having lost 4.46% over the last three days, and it is currently 4.09% away from its 52-week low of Rs 83.25. <BR><BR>In terms of performance, the stock has underperformed its sector by 3.4% today and has shown a significant decline of 18.23% over the past month, compared to a 9.92% drop in the benchmark index, Sensex. Additionally, the stock has consistently underperformed against the benchmark over the last three years, with a return of -38.27% compared to a 28.75% gain in the Sensex.<BR><BR>Investor participation has also decreased, with delivery volume dropping by 65.68% against the five-day average, indicating a lack of interest from investors. The stock is trading below its moving averages across various time frames, further suggesting a bearish trend.<BR><BR>Despite some positive financial indicators, such as a 218.24% growth in net profit and attractive valuations compared to peers, the high Debt to EBITDA ratio of 2.69 times raises concerns about the company's ability to service its debt. This, combined with poor long-term growth and consistent underperformance, contributes to the stock's current decline.

Why is Mitsu Chem Plast Ltd falling/rising?

As of 25-Mar, Mitsu Chem Plast Ltd's stock price is rising to Rs 87.85, indicating a potential trend reversal after recent declines. Despite today's gains, the stock has underperformed over the longer term, with significant declines in both the past month and year-to-date, alongside financial challenges such as a high Debt to EBITDA ratio.

As of 25-Mar, Mitsu Chem Plast Ltd's stock price is rising, currently at Rs 87.85, reflecting an increase of Rs 1.05 or 1.21%. This rise comes after three consecutive days of decline, indicating a potential trend reversal. The stock reached an intraday high of Rs 89.85, which is a 3.51% increase during the trading day.<BR><BR>Despite this positive movement today, the stock has been underperforming in the longer term, with a 1-month decline of 16.17% compared to a 8.51% drop in the Sensex. Year-to-date, the stock is down 16.05%, while the benchmark has decreased by 11.67%. Over the past three years, Mitsu Chem Plast has significantly underperformed, with a decline of 37.53% compared to a 30.85% gain in the Sensex.<BR><BR>The stock's current rise can be attributed to a notable increase in investor participation, as evidenced by a 12.77% rise in delivery volume on March 24 compared to the 5-day average. Additionally, the company has reported very positive financial results, including a 218.24% growth in net profit and strong operating profit metrics, which may be contributing to renewed interest from investors.<BR><BR>However, it is important to note that the stock is trading below its moving averages across various time frames, indicating a generally bearish trend. The company also faces challenges, such as a high Debt to EBITDA ratio of 2.69 times, which raises concerns about its ability to service debt and suggests potential long-term growth issues. Overall, while the stock is experiencing a short-term rise, it remains under pressure from longer-term performance metrics and financial challenges.

Which are the latest news on Mitsu Chem Plast?