Mitsu Chem Plast
96.95
-2.20(-2.22%)
Market Cap₹131.61 Cr
PE Ratio16.36
Company Performance:
1D-2.22%
1M-3.18%
6M-17.42%
1Y-9.73%
5Y-13.17%
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More news about Mitsu Chem Plast
06Nov 25
Mitsu Chem Plast Reports Robust Q2 FY26 Performance with 66% Net Profit Growth
Mitsu Chem Plast Limited announced unaudited financial results for Q2 FY26, showing significant growth. Total income increased by 13.63% to ₹92.56 Cr, while net profit surged by 65.72% to ₹1.88 Cr compared to Q2 FY25. The company reported expansion in overseas markets, success of its Furnastra brand, and capacity expansion at its facility. Management expressed confidence in achieving the long-term goal of ₹1,000 Cr revenue by 2028.
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03Nov 25
MitsuChem Plast Announces Strategic Capacity Expansion to Meet Growing Demand
Mitsu Chem Plast Limited plans to increase its manufacturing capacity by approximately 655 MT per year, bringing its total capacity to 29,079 MT/year. The expansion, set to complete by November 2025, involves an investment of ₹85 lakh financed through internal accruals. Currently operating at 63% utilization of its 28,424 MT/year capacity, the company aims to meet growing market demand and support its goal of achieving ₹1,000 Cr in annual revenues by 2028. The expansion will enhance Mitsu Chem Plast's ability to serve various sectors including industrial packaging, hospital furniture parts, and infrastructure components.
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13Aug 25
Mitsu Chem Plast Sets Record Date for Dividend, Announces AGM Schedule
Mitsu Chem Plast Limited has set August 28, 2025, as the record date for dividend payment, subject to shareholder approval. The company's 37th Annual General Meeting is scheduled for September 4, 2025, at 4:00 p.m. via video conferencing. A book closure period is set from August 29 to September 4, 2025. Mitsu Chem Plast, a leading manufacturer of plastic products, serves various sectors and has over 500 SKUs in its portfolio.
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13Apr 25
Mitsu Chem Plast Unveils Ambitious ₹1,000 Crore Revenue Target for 2028
Mitsu Chem Plast Limited, a polymer-based molded products manufacturer, has announced a strategic plan to triple its revenue to ₹1,000 crore by 2028. The growth strategy focuses on operational excellence, data-driven marketing, scientific innovation, and empowered teams. Key expansion areas include healthcare furniture under the Furnastra brand and packaging products. The company plans to expand globally in the Middle East, North Africa, Europe, Asia, and the USA. Mitsu Chem Plast also emphasizes sustainability in its growth plans. In FY24, the company reported a total revenue of ₹312.28 crore, highlighting the ambitious nature of its new target.
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Mitsu Chem Plast
96.95
-2.20
(-2.22%)
1 Year Returns:-9.73%
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