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.

Why is Mitsu Chem Plast Ltd falling/rising?

As of 03-Apr, Mitsu Chem Plast Ltd's stock price is at 89.25, down 0.22%. The company has faced significant declines over the past month and year, despite recent profit growth and increased investor interest, but its long-term outlook remains poor due to high debt levels and consistent underperformance.

As of 03-Apr, Mitsu Chem Plast Ltd's stock price is currently at 89.25, reflecting a decrease of 0.2 (-0.22%). The stock has shown a mixed performance over various periods, with a notable decline of 11.33% over the past month and a year-to-date drop of 14.72%. This downward trend is compounded by the company's consistent underperformance against the benchmark, as it has generated a return of -8.46% over the last year and has underperformed the BSE500 in each of the last three annual periods.<BR><BR>Despite the recent decline, there are some positive indicators. The company reported a significant growth in net profit of 218.24% in December, and it has declared positive results for the last two consecutive quarters. Additionally, the operating profit to interest ratio is at its highest, indicating strong operational performance relative to its debt obligations. However, the company faces challenges with a high Debt to EBITDA ratio of 2.53 times, which suggests a low ability to service its debt.<BR><BR>Investor participation has increased, with delivery volume rising by 20.36% against the 5-day average, indicating some interest in the stock. However, the overall long-term growth outlook remains poor, as the operating profit has only grown at an annual rate of 4.92% over the last five years. The stock is trading at a discount compared to its peers, but the persistent underperformance and high debt levels contribute to the current decline in its stock price.

Why is Mitsu Chem Plast Ltd falling/rising?

As of 04-Apr, Mitsu Chem Plast Ltd's stock price is 89.25, down 0.2 (-0.22%). The stock has underperformed significantly, with declines over the past month, year-to-date, and year, raising concerns about its long-term growth potential despite some recent profit increases.

As of 04-Apr, Mitsu Chem Plast Ltd's stock price is currently at 89.25, reflecting a decrease of 0.2 (-0.22%). The stock has shown a mixed performance over various periods, with a notable decline of 11.33% over the past month and a year-to-date drop of 14.72%. This underperformance is further highlighted by its negative return of -8.46% over the past year, which is significantly worse than the benchmark Sensex's decline of only -4.30%.<BR><BR>Despite some positive indicators, such as a substantial growth in net profit of 218.24% and a positive performance in the last two quarters, the stock's overall trajectory remains downward. The company's high Debt to EBITDA ratio of 2.53 times raises concerns about its ability to service debt, contributing to a perception of poor long-term growth potential. Additionally, the operating profit has only grown at an annual rate of 4.92% over the last five years, indicating stagnation.<BR><BR>Investor sentiment is also affected by the stock's consistent underperformance against benchmarks, particularly over the last three years, where it has generated negative returns while the broader market has seen gains. Although there has been a rise in investor participation, as evidenced by a 20.36% increase in delivery volume, the overall financial health and growth prospects of Mitsu Chem Plast Ltd suggest that the stock is currently in a declining phase.

Why is Mitsu Chem Plast Ltd falling/rising?

As of 05-Apr, Mitsu Chem Plast Ltd's stock price is at 89.25, down 0.22%. Despite strong net profit growth, high debt levels and historical underperformance have led to a significant decline in stock value year-to-date and over the past year.

As of 05-Apr, Mitsu Chem Plast Ltd's stock price is currently at 89.25, reflecting a decrease of 0.2 (-0.22%). The stock has shown a mixed performance in recent periods, with a slight increase of 1.59% over the past week, contrasting with a significant decline of 11.33% over the last month. Year-to-date, the stock has fallen by 14.72%, and over the past year, it has decreased by 8.46%. <BR><BR>Despite the company's impressive growth in net profit of 218.24% and positive results over the last two consecutive quarters, the stock's performance has been hindered by a high Debt to EBITDA ratio of 2.53 times, indicating a low ability to service debt. Additionally, the company's operating profit has only grown at an annual rate of 4.92% over the last five years, suggesting poor long-term growth prospects. <BR><BR>The stock has consistently underperformed against the benchmark, with a notable decline of 36.90% over the past three years compared to a 24.29% increase in the Sensex. This consistent underperformance, coupled with the stock trading at a discount compared to its peers' average historical valuations, contributes to the current downward pressure on its price. Overall, while there are positive factors such as rising investor participation and attractive valuations, the significant debt levels and historical underperformance are key reasons for the stock's decline.

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