Mitsu Chem Plast Ltd (MITSU)

Loading page…

Mitsu Chem Plast Ltd (MITSU) · mywealthgrid

About

Mitsu Chem Plast operates in packaging within the industrials sector. At ₹236.3 Cr market cap, it is a small-to-mid-cap player. Quarterly revenues grew from ₹32.56 Cr (Jun 2020) to ₹52.23 Cr (Mar 2021)—verify if this growth trajectory continues beyond the latest reported quarter.

Face value: ₹10

Market cap

₹242 Cr

P/E

25.0×

P/B

2.2×

Dividend yield

0.2%

ROE

14.9%

ROCE

22.3%

Debt / equity

0.57

OPM

9.9%

EPS (TTM)

₹7.1

Book value

₹82.8

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Operating margin compressed from 15.14% (Jun 2020) to 9.94% (current)—a 36% decline over 9 months indicating cost or pricing pressure; verify if reversible.

EPS fell from ₹2.64 (Sep 2020) to ₹1.82 (Mar 2021) despite ₹52.23 Cr revenue base—verify current earnings trajectory against latest results.

Promoter 67.79% with zero FII (0%) and DII (0%) holdings constrains public float and liquidity—verify stock trading volume and analyst coverage gaps.

Packaging sector depends on industrial production and consumption cycles—verify exposure to economically sensitive end-markets and cyclical downside risk.

Generated analysis · source review pending

Growth drivers

Quarterly revenue grew from ₹32.56 Cr (Jun 2020) to ₹52.23 Cr (Mar 2021)—verify if trajectory continues beyond latest quarter.

ROE 14.92% demonstrates capital efficiency—verify if returns are sustained and driven by volume growth or margin recovery.

Dividend history 2022-2026 indicates cash generation post-expansion—verify profitability trends relative to latest announced results.

D/E 0.52 provides debt capacity—verify if company plans capex or acquisitions to scale packaging operations.

Generated analysis · source review pending

1,846 historical price candles were omitted because the exchange source has not been verified.

₹178.2+1.7%1Y

Quick read

rule-based

Pros

+High promoter holding of 67.8% with no pledge

Cons

−Low dividend payout of 5.6% of profit

Research score

Structured signal from quality, growth, valuation and momentum.

44/100

Business quality: 42
Growth: 25
Valuation: 66

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Epl LimitedEPLEPL	₹7,443 Cr	₹8,152 Cr	₹5,043 Cr	₹1,000 Cr	20.3%	₹388 Cr	8.3%	19.5%	14.9%	97
Agi Greenpac LimitedAGIAGI	₹5,116 Cr	₹5,355 Cr	₹2,763 Cr	₹628 Cr	22.3%	₹362 Cr	13.2%	18.6%	15.6%	188
Uflex LimitedUFLEXUFLEX	₹4,692 Cr	₹14,545 Cr	₹16,866 Cr	₹2,302 Cr	12.2%	₹682 Cr	2.1%	8.6%	4.1%	89
Tcpl Packaging LimitedTCPLPACKTCPLPACK	₹3,574 Cr	₹4,148 Cr	₹1,872 Cr	₹299 Cr	16.2%	₹115 Cr	5.4%	22.4%	14.4%	98
Polyplex Corporation LimitedPOLYPLEXPOLYPLEX	₹3,228 Cr	₹4,145 Cr	₹7,601 Cr	₹592 Cr	4.9%	₹155 Cr	0.6%	1.1%	1.1%	147
Jindal Poly Films LimitedJINDALPOLYJINDALPOLY	₹2,863 Cr	₹6,866 Cr	₹2,152 Cr	₹-613 Cr	-20.2%	₹-989 Cr	-36.6%	-2%	-29.6%	81
Xpro India LimitedXPROINDIAXPROINDIA	₹2,670 Cr	₹2,959 Cr	₹535 Cr	₹50 Cr	6.3%	₹33 Cr	3.9%	3.9%	2.8%	80
Knack Packaging LimitedKNACKKNACK	₹2,211 Cr	₹2,404 Cr	₹736 Cr	₹133 Cr	18.1%	₹74 Cr	10%	47.1%	41.5%	—
Mold-Tek Packaging LimitedMOLDTKPACMOLDTKPAC	₹2,187 Cr	₹2,231 Cr	₹631 Cr	₹121 Cr	19.1%	₹64 Cr	10.1%	24.3%	17.9%	148
Cosmo First LimitedCOSMOFIRSTCOSMOFIRST	₹2,166 Cr	₹3,752 Cr	₹4,004 Cr	₹428 Cr	10.5%	₹167 Cr	4.3%	11.6%	10.1%	10
Huhtamaki India LimitedHUHTAMAKIHUHTAMAKI	₹1,757 Cr	₹1,859 Cr	₹2,610 Cr	₹225 Cr	7.7%	₹136 Cr	4.8%	12.3%	9.5%	26
Arrow Greentech LimitedARROWGREENARROWGREEN	₹1,306 Cr	₹1,306 Cr	₹247 Cr	₹86 Cr	32.2%	₹64 Cr	23.6%	30.4%	22.4%	141

Loading peers…

Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	112	125	139	178	258	309	311	332	350
COGS	-0	0	78	104	164	204	203	212	212
Gross profit	—	—	60	74	94	105	109	120	139
	103	114	44	51	68	78	83	97	104
	10	11	16	23	26	27	26	23	35
OPM %	8.6%	8.5%	11.5%	13%	10%	8.6%	8.3%	7%	9.9%
Depreciation	2	2	4	4	5	5	6	7	8
Interest	4	4	6	6	6	7	9	7	6
	0	0	0	1	1	0	1	1	1
Profit before tax	4	4	6	14	16	15	12	10	21
Tax	1	1	—	4	5	3	3	3	6
Tax %	20.2%	16.4%	—	29.8%	29.9%	20.4%	25.5%	27.6%	26.6%
	3	4	4	10	12	12	9	7	16
PAT margin %	3.1%	2.9%	2.9%	5.4%	4.5%	3.8%	2.9%	2.2%	4.5%
EPS (₹)	—	—	—	8	9.5	9.5	7.1	5.4	11.5
EPS adjusted (₹)	3	3	—	8	9.5	9.8	6.9	5.3	11.5
	—	—	—	2.5%	2.1%	2.1%	2.8%	3.7%	1.7%
Annual report	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	Annual report for Mar 2026

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	4	4	4	12	12	12	13	14	14
Reserves	9	18	23	28	39	50	67	83	99
Minority interest	—	—	—	—	0	—	—	—	—
	13	14	28	64	67	77	80	69	64
	30	33	45	21	26	38	35	30	42
Total equity & liabilities	56	69	100	125	144	177	194	195	218
	24	26	57	60	62	72	87	91	101
CWIP	—	—	—	1	0	10	1	1	1
Investments	0	0	0	1	0	0	0	0	0
	32	44	43	63	81	95	106	104	116
Total assets	56	69	100	125	144	177	194	195	218

Loading financials…

Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	43.5%	41.6%	36.3%	33.9%	34.9%	36.2%	39.6%
EBITDA margin %	8.5%	11.5%	13%	10%	8.6%	8.3%	7%	9.9%
EBIT margin %	6.5%	8.6%	10.5%	8.1%	6.9%	6.3%	4.9%	7.8%
PAT margin %	2.9%	2.9%	5.4%	4.5%	3.8%	2.9%	2.2%	4.5%
Working capital
Receivable days	72	—	60	59	56	61	70	61
Inventory days	34	—	79	65	57	74	52	74
Payable days	—	—	37	32	42	39	25	42
NWC days	—	—	102	92	71	97	97	93
Leverage
Current ratio	—	—	1.21	1.34	1.27	1.2	1.24	1.3
Debt to EBITDA	2.6	—	2.77	2.61	2.9	3.11	2.96	1.84
Debt to equity	1	—	1.61	1.32	1.24	1.01	0.71	0.57
Interest coverage	2.1	1.9	3.3	3.9	3.2	2.4	2.4	4.3
Asset turnover	1.25	—	1.43	1.79	1.75	1.6	1.7	1.61
Return ratios
Return on assets %	3.7%	—	7.8%	8%	6.7%	4.6%	3.7%	7.2%
Return on capital employed %	10.6%	—	25.8%	27.1%	22.5%	19.1%	15.1%	22.3%
Return on equity %	13.3%	—	24.4%	22.6%	18.9%	11.2%	7.5%	13.9%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

Loading ratios…

Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	73.03%	73.03%	67.75%	67.75%	67.75%	67.77%	67.77%	67.77%	67.77%	67.77%	67.77%	67.79%
FII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	26.97%	26.97%	32.25%	32.25%	32.25%	32.23%	32.23%	32.23%	32.23%	32.23%	32.23%	32.21%
No. of shareholders	—	—	—	—	—	—	—	—	11,584	11,249	10,804	10,623

Loading shareholding…

F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

Loading f&o…

Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Mitsu Chem Plast Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

Loading fund holders…

Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Loading documents…

Events

Upcoming dates and the company’s corporate-action history.

Loading events…

Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

94 announcementsExport CSV

10 Sept 2026, 7:25 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer"s Report

EGM PDF

Loading announcements…

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	43.5%	41.6%	36.3%	33.9%	34.9%	36.2%	39.6%
EBITDA margin %	8.5%	11.5%	13%	10%	8.6%	8.3%	7%	9.9%
EBIT margin %	6.5%	8.6%	10.5%	8.1%	6.9%	6.3%	4.9%	7.8%
PAT margin %	2.9%	2.9%	5.4%	4.5%	3.8%	2.9%	2.2%	4.5%
Working capital
Receivable days	72	—	60	59	56	61	70	61
Inventory days	34	—	79	65	57	74	52	74
Payable days	—	—	37	32	42	39	25	42
NWC days	—	—	102	92	71	97	97	93
Leverage
Current ratio	—	—	1.21	1.34	1.27	1.2	1.24	1.3
Debt to EBITDA	2.6	—	2.77	2.61	2.9	3.11	2.96	1.84
Debt to equity	1	—	1.61	1.32	1.24	1.01	0.71	0.57
Interest coverage	2.1	1.9	3.3	3.9	3.2	2.4	2.4	4.3
Asset turnover	1.25	—	1.43	1.79	1.75	1.6	1.7	1.61
Return ratios
Return on assets %	3.7%	—	7.8%	8%	6.7%	4.6%	3.7%	7.2%
Return on capital employed %	10.6%	—	25.8%	27.1%	22.5%	19.1%	15.1%	22.3%
Return on equity %	13.3%	—	24.4%	22.6%	18.9%	11.2%	7.5%	13.9%

10 deals · 5 Oct 2021 – 15 Jun 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
15 Jun 2026	B D LAKHANI	Bulk	BSE	Buy	79,051	₹145.75	₹1.15 Cr
12 Jun 2026	B N LAKHANI	Bulk	BSE	Buy	81,058	₹147.89	₹1.20 Cr
24 Aug 2022	RIKHAV SECURITIES LIMITED	Bulk	BSE	Sell	75,000	₹278.00	₹2.09 Cr
23 Aug 2022	NEGEN CAPITAL SERVICES PRIVATE LIMITED	Bulk	BSE	Buy	1,10,500	₹285.00	₹3.15 Cr
23 Aug 2022	RIKHAV SECURITIES LIMITED	Bulk	BSE	Sell	1,05,000	₹278.00	₹2.92 Cr
21 Apr 2022	NEXPACT LIMITED	Bulk	BSE	Buy	86,888	₹311.32	₹2.70 Cr
18 Apr 2022	PREETI AGGARWAL	Bulk	BSE	Buy	75,000	₹281.00	₹2.11 Cr
13 Apr 2022	NEGEN CAPITAL SERVICES PRIVATE LIMITED	Bulk	BSE	Buy	1,00,000	₹292.00	₹2.92 Cr
20 Oct 2021	VINOD HARILAL JHAVERI	Bulk	BSE	Sell	1,00,000	₹274.00	₹2.74 Cr
5 Oct 2021	CHANDRAKANT V GOGRI	Bulk	BSE	Buy	99,000	₹306.00	₹3.03 Cr

1–10 of 10

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Date	Category	Subject	Filing
10 Sept 2026, 7:25 pm	AGM/EGM EGM	Shareholder Meeting / Postal Ballot-Scrutinizer"s Report	PDF
10 Sept 2026, 7:18 pm	AGM/EGM EGM	Disclosure Of Voting Results Of The Extra Ordinary General Meeting (EGM) Of The Company Held On September 09, 2026	PDF
9 Sept 2026, 8:09 pm	Company Update Resignation of Company Secretary / Compliance Officer	Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer	PDF
9 Sept 2026, 8:00 pm	AGM/EGM EGM	Shareholder Meeting / Postal Ballot-Outcome of EGM	PDF
27 Aug 2026, 9:25 am	Company Update Press Release / Media Release	Announcement under Regulation 30 (LODR)-Press Release / Media Release	PDF
27 Aug 2026, 9:00 am	Company Update General	Capacity Addition To Existing Operational Capacity	PDF
26 Aug 2026, 4:54 pm	AGM/EGM EGM	Corrigendum To The Notice Of The Extraordinary General Meeting Of The Company To Be Held On Wednesday, September 09, 2026.	PDF
25 Aug 2026, 3:01 pm	Company Update Earnings Call Transcript	Announcement under Regulation 30 (LODR)-Earnings Call Transcript	PDF

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	13	7	22	9	15	33
	-7	-3	-27	-12	-8	-16
	-5	-2	3	3	-7	-16
Net cash flow	1	1	-2	-0	-0	0
Free cash flow	7	2	-6	-3	7	33
CFO / Operating profit %	57%	26%	82.7%	36.4%	65.1%	94.2%

Mitsu Chem Plast Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Investor Presentation and earnings call

10

1

1

Compounded sales growth

Compounded profit growth

Return on equity

Mitsu Chem Plast Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Ratio timeline

Not in the F&O segment

No fund holdings on record

Announcements

Quarterly record

Annual reports

Investor Presentation and earnings call

Dividends10

Board meetings1

Bonus issues1

Bulk & block deals

Board and management

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

10

1

1