Latest news about Mitsu Chem Plast
Mitsu Chem Plast
143.00
-0.60(-0.42%)
Company Performance:
View Company Insights1D-0.42%
1M+48.36%
6M+33.58%
1Y+25.84%
5Y-35.89%
More news about Mitsu Chem Plast
04Feb 26
Mitsu Chem Plast Limited Q3 FY26: 73% EBITDA Growth Drives Strong Performance
Mitsu Chem Plast Limited reported outstanding Q3 FY26 financial performance with EBITDA rising 73.35% to ₹954.45 lakhs and net profit surging 217.03% to ₹470.63 lakhs year-on-year. The company completed capacity expansion of 655 MT and announced additional 900 MT expansion in Unit 4, targeting ₹1,000 crores revenue by FY 2028 through strategic focus on niche healthcare products and export growth across 17 countries.
27Jan 26
Mitsu Chem Plast Commences Manufacturing Operations at New Tarapur Facility
Mitsu Chem Plast Ltd has commenced manufacturing operations at its new Unit 4 facility in Tarapur Industrial Area, adding approximately 900 MT/year capacity to its existing 29,000+ MT/year manufacturing capability. The company invested approximately ₹101 lakhs in machinery procurement, funded entirely through internal accruals. The expansion supports the company's strategy to sustain long-term growth and address evolving market demand across its diverse product portfolio.
23Jan 26
Mitsu Chem Plast Limited Schedules Q3FY26 Earnings Conference Call for February 2, 2026
Mitsu Chem Plast Limited has scheduled an earnings conference call for February 2, 2026, at 12:00 PM IST to discuss Q3FY26 results for the quarter ended December 31, 2025. The call will be led by Managing Director & CFO Mr. Manish Dedhia and VP-Accounts Ms. Kashmira Dedhia, with Kirin Advisors facilitating investor participation through dial-in numbers and registration options.
17Dec 25
Mitsu Chem Plast Acquires Land for ₹6.70 Cr Expansion in Khalapur, Maharashtra
Mitsu Chem Plast Limited has purchased land parcels in Khalapur, Maharashtra for ₹6.70 crores to expand its existing manufacturing facility. The acquisition involves two separate agreements with individual sellers, totaling ₹6,69,88,400 including stamp duty and registration fees. The land is strategically located near the company's current Unit-III facility and is intended to enhance production capabilities in the plastic products sector. The transaction does not involve any related parties.
11Nov 25
Mitsu Chem Plast Reports 13.6% Revenue Growth in Q2 FY26, Targets Rs 1,000 Crore by FY28
Mitsu Chem Plast Limited, a polymer-based molded products manufacturer, reported robust Q2 FY26 results. Total income rose 13.63% to Rs 92.56 crore, EBITDA increased 24.13% to Rs 5.88 crore, and net profit surged 65.72% to Rs 1.88 crore. The company operates three manufacturing facilities in Maharashtra with over 70% capacity utilization. Mitsu Chem Plast is expanding its export business, increasing capacity, and adding new products. The company aims to achieve Rs 1,000 crore in annual revenue by FY2028, focusing on healthcare furniture, packaging products, operational excellence, and data-driven marketing.
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.
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.
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.
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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