Mitsu Chem Plast Reports Robust Q2 FY26 Performance with 66% Net Profit Growth

Mitsu Chem Plast Limited , a leading manufacturer of blow-molded and injection-molded products, has announced its unaudited financial results for the quarter and half-year ended September 30, 2025, showcasing strong growth across key financial metrics.

Financial Highlights

For the second quarter of FY26, Mitsu Chem Plast reported:

Particulars (₹ Cr)	Q2 FY26	Q2 FY25	YoY Growth
Total Income	92.56	81.46	13.63%
EBITDA	5.88	4.74	24.13%
Net Profit	1.88	1.14	65.72%
EPS (₹)	1.39	0.84	65.48%

The company's performance for the first half of FY26 also showed significant improvement:

Particulars (₹ Cr)	H1 FY26	H1 FY25	YoY Growth
Total Income	177.96	161.86	9.95%
EBITDA	10.89	9.55	14.03%
Net Profit	3.20	2.22	43.65%
EPS (₹)	2.35	1.67	40.72%

Key Developments

Export Growth: The company reported continued expansion in overseas markets, strengthening partnerships with global OEMs and entering new European markets.
Furnastra Brand Success: Mitsu's hospital furniture brand, Furnastra, has received positive market response, validating the company's focus on innovation and quality in healthcare solutions.
Capacity Expansion: The company has undertaken capacity expansion at its facility to meet future demand and support growth ambitions.

Management Commentary

Mr. Jagdish Dedhia, Chairman of Mitsu Chem Plast Limited, expressed satisfaction with the company's consistent performance, attributing it to steady demand across core product segments and growing traction in export markets. He stated, "With our strong foundation and a clear roadmap, we remain confident of achieving our long-term goal of reaching ₹1,000 Cr in revenue by 2028."

About Mitsu Chem Plast Limited

Mitsu Chem Plast Limited is a certified manufacturer of polymer-based molded products, serving diverse industries including Industrial Packaging Solutions, Healthcare Products, Infrastructure Products, and Emergency Handling Solutions. The company operates three manufacturing facilities in Maharashtra and primarily caters to Original Equipment Manufacturers (OEMs) across various sectors.

In FY25, Mitsu Chem Plast reported Total Income of ₹332.88 Cr, with an EBITDA of ₹23.28 Cr and a Net Profit of ₹7.25 Cr.

The company's shares closed at ₹97.10 on November 6, 2025, with a market capitalization of ₹131.65 Cr.

Investors and stakeholders can view the detailed financial results and additional information on the company's website or the BSE portal.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.48%	-2.20%	-1.60%	-19.53%	-23.82%	-16.35%

Mitsu Chem Plast Limited, a leading polymer solutions company in India, has unveiled plans for a significant capacity expansion, aiming to bolster its manufacturing capabilities and meet increasing market demand. The company, known for its blow-molded and injection-molded products, is set to add approximately 655 MT per year to its existing operational capacity.

Expansion Details

The capacity addition plan, disclosed in a recent announcement, reveals key aspects of Mitsu Chem Plast's growth strategy:

Aspect	Details
Current Capacity	28,424 MT/year
Current Utilization	63%
Proposed Addition	Approx. 655 MT/year
New Total Capacity	Approx. 29,079 MT/year
Completion Timeline	November 2025
Investment	₹85 lakh
Financing Method	Internal Accruals

Strategic Rationale

Mitsu Chem Plast's decision to expand its capacity is driven by several strategic factors:

Sustaining Growth: The company aims to maintain its growth momentum in the polymer solutions market.
Meeting Market Demand: The expansion is a response to rising demand across various sectors.
Customer Expectations: Enhanced capacity will allow the company to exceed customer expectations through improved supply capabilities.
Long-term Vision: This move aligns with Mitsu Chem Plast's goal of achieving ₹1,000 Cr in annual revenues by 2028.

Impact on Operations

The capacity enhancement is expected to significantly impact Mitsu Chem Plast's operations:

Diversified Product Range: The company will strengthen its ability to serve a growing customer base across segments including industrial packaging, hospital furniture parts, infrastructure components, and emergency handling solutions.
Improved Efficiency: Investment in advanced machinery aims to optimize productivity and ensure superior product quality.
Supply Chain Resilience: The expansion reflects a proactive approach to maintaining supply-chain resilience.

Management Perspective

Mr. Jagdish Dedhia, Chairman of Mitsu Chem Plast Limited, commented on the development: "This capacity enhancement marks another milestone in Mitsu's journey of continuous growth and innovation. As demand across our key business verticals continues to strengthen, this strategic investment ensures that we stay ahead of the curve by expanding production capabilities, improving delivery timelines, and exceeding customer expectations."

Company Overview

Mitsu Chem Plast Limited specializes in polymer-based molded products, serving diverse industries with innovative, technically advanced solutions. The company operates three manufacturing facilities in Maharashtra and reported total revenues of ₹332.88 Cr, with an EBITDA of ₹23.28 Cr and a PAT of ₹7.25 Cr.

This capacity expansion underscores Mitsu Chem Plast's commitment to growth, operational efficiency, and market diversification in the polymer solutions industry. As the company moves forward with its expansion plans, investors and industry observers will be keen to see how this strategic move impacts its market position and financial performance in the coming years.