Mitsu Chem Plast Limited

BSE: MITSU540078ISIN INE317V01016

Industrials
Packaging

Share price

₹186.35+0.10 (+0.05%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹247.30
52W low: ₹80.30
Off 52W high: -24.65%
1M return: +2.73%
3M return: +20.19%
6M return: +15.57%
1Y return: +91.32%
20D avg volume: 68,546
50 DMA: ₹192.26
200 DMA: ₹144.10

Key ratios Standalone

Market cap: ₹252.66 Cr
Current price: ₹186.35
52W high / low: ₹247.30 / ₹80.30
Face value: ₹10.00
P/E: 9.28
P/B: 2.75
EPS (TTM): ₹20.08
Book value / share: ₹67.76
ROE: 29.59%
ROCE: 20.60%
Operating margin: 12.73%
Net margin: 6.37%
Debt / equity: 0.57
Net debt: ₹63.81 Cr
Interest cover: 4.31
Dividend yield: 0.11%
Dividend / share (TTM): ₹0.20
Payout: 1.00%
Cash conversion cycle: 80.1 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	95.81	95.15	86.47	86.00	92.42	85.28	90.47	80.45	81.22	80.13	82.27	73.47
	0.31	0.18	0.32	0.09	0.14	0.13	0.04	0.06	0.24	0.26	0.28	0.26
	96.12	95.33	86.80	86.09	92.56	85.40	90.51	80.52	81.46	80.40	82.55	73.74
	87.92	83.40	76.18	79.64	90.01	83.62	85.75	78.33	79.89	78.89	78.76	69.54
	63.14	59.25	44.63	51.08	60.12	53.12	54.72	51.80	54.03	52.58	51.67	47.49
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	6.01	6.94	6.80	6.68	6.51	6.92	6.25	6.34	6.20	6.06	5.20	4.88
	1.78	1.69	1.77	1.52	1.64	1.51	1.75	1.64	1.69	1.91	2.40	2.23
	2.22	2.06	2.16	1.80	1.83	1.84	1.76	1.75	1.72	1.66	1.61	1.53
	17.29	16.28	17.27	18.27	22.18	19.18	19.99	17.67	17.33	17.19	16.81	14.87
	8.20	11.93	10.62	6.44	2.55	1.79	4.76	2.18	1.57	1.50	3.79	4.20
	0.00	0.00	0.00	-0.12	0.00	0.00	0.00	—	—	—	—	—
	8.20	11.93	10.62	6.32	2.55	1.79	4.76	2.18	1.57	1.50	3.79	4.20
	2.10	3.19	2.90	1.61	0.67	0.48	1.21	0.70	0.43	0.41	0.96	1.02
	6.10	8.74	7.72	4.71	1.88	1.31	3.54	1.49	1.14	1.09	2.83	3.18
	4.50	6.44	5.68	3.47	1.39	0.97	2.61	1.09	0.84	0.81	2.28	2.64
Key metrics
	12.20	15.68	14.55	9.64	6.02	5.14	8.27	5.57	4.98	5.07	7.80	7.96
	12.70%	16.50%	16.80%	11.20%	6.50%	6.00%	9.10%	6.90%	6.10%	6.30%	9.50%	10.80%
	6.40%	9.20%	8.90%	5.50%	2.00%	1.50%	3.90%	1.90%	1.40%	1.40%	3.40%	4.30%
	5.20%	—	9.20%	—	3.60%	—	5.60%	—	—	—	—	—
	3.70%	11.60%	-4.40%	6.90%	13.80%	6.40%	10.00%	9.50%	—	—	—	—
	224.50%	567.20%	118.10%	216.10%	64.90%	20.20%	25.10%	-53.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	363.43	350.17	332.28	311.25	308.98	257.72
	0.90	0.68	0.60	1.03	0.35	1.15
	364.34	350.85	332.88	312.28	309.33	258.87
	327.14	329.45	322.87	300.39	294.50	242.46
	218.10	208.95	213.12	202.15	205.62	165.98
	0.00	0.00	0.00	—	—	—
	26.43	26.91	24.84	20.94	19.94	17.27
	6.76	6.43	6.99	8.80	6.83	5.60
	8.24	7.64	6.89	6.02	5.28	4.82
	69.11	76.91	72.18	62.12	58.15	50.65
	37.19	21.40	10.01	11.89	14.83	16.41
	-0.12	-0.12	0.00	—	—	—
	37.07	21.27	10.01	11.89	14.83	16.41
	9.80	5.66	2.76	3.03	3.03	4.91
	27.27	15.62	7.25	8.86	11.80	11.50
	20.09	11.50	5.39	7.12	9.78	9.53
Key metrics
	52.07	35.34	23.89	26.71	26.94	26.83
	14.33%	10.10%	7.20%	8.60%	8.70%	10.40%
	7.50%	4.50%	2.20%	2.80%	3.80%	4.50%
	—	20.60%	14.80%	—	—	—
	4.25%	5.40%	6.80%	0.70%	19.90%	—
	231.75%	115.40%	-18.20%	-24.90%	2.60%	—
	—	32.77	15.16	—	—	—
	—	2.10	2.09	—	—	—
	—	0.57	0.71	—	—	—
	—	63.81	68.92	—	—	—
	—	80.1	86.9	—	—	—
Balance sheet
	—	217.86	195.46	—	—	—
	—	108.07	99.78	—	—	—
	—	0.05	0.04	—	—	—
	—	58.24	63.48	—	—	—
	—	43.05	30.34	—	—	—
	—	2.97	1.88	—	—	—
	—	100.45	90.37	—	—	—
	—	24.46	14.70	—	—	—
	—	83.33	80.21	—	—	—
	—	63.86	68.96	—	—	—
	—	49.24	57.53	—	—	—
	—	14.62	11.43	—	—	—
	—	112.41	96.98	—	—	—
Cash flow
	—	32.77	15.16	—	—	—
	—	-16.34	-8.30	—	—	—
	—	-16.42	-6.92	—	—	—
	—	0.00	0.00	—	—	—

Compounded growth

Sales CAGR 3Y: +4.26%
Sales CAGR 5Y: —
Profit CAGR 3Y: +9.80%
Profit CAGR 5Y: —
Sales YoY (TTM): +4.25%
Profit YoY (TTM): +231.75%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 67.78%

Quarter	September 2026	June 2026
Promoter %	67.78%	67.81%

Holder	Type	Holding	Previous	Change
JAGDISH LILADHAR DEDHIA	Promoter	22.32%	—	—
LILAVATI MAVJI DEDHIA	Promoter Group	12.99%	12.99%	0.00%
MANISH MAVJI DEDHIA	Promoter	12.33%	12.34%	-0.01%
SANJAY MAVJI DEDHIA	Promoter	9.37%	9.37%	0.00%
AMEETA JAGDISH DEDHIA	Promoter Group	4.96%	4.97%	-0.01%
JIGNA SANJAY DEDHIA	Promoter Group	4.92%	4.92%	0.00%
JAYA CHANDRAKANT GOGRI	Public	1.39%	1.39%	0.00%
DHEERAJ KUMAR LOHIA	Public	1.30%	1.30%	0.00%
JALPA MANISH DEDHIA	Promoter Group	0.89%	0.89%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
EPL LIMITED	7,186	223.95	18.28	16.80%	+21.90% TTM	-4.65% TTM	+10.57%
AGI GREENPAC LIMITED	4,250	656.85	12.05	18.20%	+6.19% TTM	+0.21% TTM	-19.59%
Uflex Limited	4,198	581.30	6.15	8.00%	+10.36% TTM	+128.29% TTM	+8.24%
TCPL Packaging Limited	4,123	4,531.15	35.70	20.30%	+5.43% TTM	-13.56% TTM	+36.69%
JINDAL POLY FILMS LIMITED	3,059	698.60	-3.09	-17.10%	-58.49% TTM	-4,451.01% TTM	+24.89%
Polyplex Corporation Ltd.	2,883	918.30	10.61	1.00%	+9.55% TTM	+35.38% TTM	-2.79%
Xpro India Ltd.	2,588	1,102.75	74.18	3.40%	+12.17% TTM	+157.75% TTM	-0.55%
KNACK PACKAGING LIMITED	2,296	187.60	—	—	—	—	—
Mold-Tek Packaging Limited S	2,195	330.35	13.45	14.20%	+19.84% TTM	+20.42% TTM	-5.07%
Cosmo First Limited	2,094	797.55	9.57	10.80%	+41.30% TTM	+49.60% TTM	-9.65%
HUHTAMAKI INDIA LIMITED S	1,633	216.25	12.62	—	+11.70% TTM	+29.94% TTM	-12.47%
Arrow Greentech Limited	1,158	767.55	18.12	27.40%	+12.75% TTM	+18.91% TTM	+30.42%
Dhunseri Ventures Limited	949	270.95	4.96	-0.10%	-23.39% TTM	+32.93% TTM	-18.08%
Commercial Syn Bags Limited	937	232.20	32.80	18.20%	+12.22% TTM	+43.15% TTM	+50.78%
Ester Industries Ltd.	925	88.70	42.20	3.20%	+14.85% TTM	+470.83% TTM	-20.05%
Oricon Enterprises Ltd.	899	57.23	31.07	2.60%	-72.18% TTM	-79.84% TTM	-0.54%
Haldyn Glass Limited	708	131.75	23.89	11.90%	+18.93% TTM	+55.02% TTM	+37.35%
Hitech Corporation Limited	704	410.00	40.13	10.60%	+20.12% TTM	+79.08% TTM	+112.93%
Shree Rama Multi-tech Ltd. S	627	46.96	24.46	17.90%	+22.55% TTM	-54.52% TTM	-17.13%
Shri Jagdamba Polymers Ltd S	622	709.80	13.11	17.10%	-8.73% TTM	-7.89% TTM	-12.54%
SUBAM PAPERS LIMITED	617	224.50	—	5.30%	—	—	+52.20%
Kanpur Plastipack Limited	607	248.00	11.36	19.60%	+17.73% TTM	+117.32% TTM	+19.60%
Nahar Polyfilms Ltd.	583	237.10	6.91	10.50%	+7.93% TTM	+39.08% TTM	-24.60%
Pyramid Technoplast Limited S	545	148.10	17.38	12.90%	+19.00% TTM	+16.06% TTM	-8.01%
TPL Plastech Limited	521	66.78	17.29	23.50%	+25.92% TTM	+22.45% TTM	-5.25%
Mitsu Chem Plast Limited S	253	186.35	9.28	20.60%	+4.25% TTM	+231.75% TTM	+91.32%

Filings & corporate actions

Recent announcements

Please find enclosed the audio recording for the Earnings Call held on Tuesday, November 03, 2026 at 11:00 AM (IST) for the Q2 & H1 FY 27.3 Nov 2026 · Company Update / General
We hereby submit our clarification with reference to the Communication dated 02nd November 2026 seeking clarification regarding the delay in the disclosure of the Change in the Constitution ....2 Nov 2026 · Company Update / General
Please find enclosed herewith the Newspaper Publication regarding Unaudited Financial Results for the Quarter and Half Year ended September 30, 2026.2 Nov 2026 · Company Update / Newspaper Publication
Intimation towards change in the constitution of the Statutory Auditors.31 Oct 2026 · Company Update / General
Please find enclosed Earnings Release for the Q2 & H1 FY 27.31 Oct 2026 · Company Update / Press Release / Media Release
Please find enclosed Investor Presentation for the Q2 & H1 FY27.31 Oct 2026 · Company Update / Investor Presentation
Please find enclosed herewith the announcement under Regulation 30 for the Following 1. Appointment of Company Secretary and Compliance Officer of the Company. 2. Appointment of M/s. ....31 Oct 2026 · Company Update / Change in Management
Please find enclosed herewith the outcome of the Board Meeting held on Saturday October 31, 2026.31 Oct 2026 · Board Meeting / Outcome of Board Meeting
Unaudited Financial Results for the Quarter and Half Year ended September 30, 2026.31 Oct 2026 · Result / Financial Results
Intimation of Earnings Conference Call for Investors and Analysts for Q2 & H1 FY2727 Oct 2026 · Company Update / Analyst / Investor Meet
Mitsu Chem Plast Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/10/2026 ,inter alia, to consider and approve The Unaudited Financial Results ....26 Oct 2026 · Board Meeting / Board Meeting
Intimation Regarding Resignation of Secretarial Auditor of the Company.26 Oct 2026 · Company Update / Change in Management
Allotment of 10,00,000 Fully Convertible Warrants into Equity Shares at an issue price of Rs. 151/- per warrant, convertible into an equivalent number of Equity shares of the Company having ....22 Oct 2026 · Company Update / Allotment of Equity Shares
Please find enclosed herewith the Certificate under Regulation 74 (5) of SEBI (DP) Regulations, 2018 for the quarter ended September 30, 202614 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of the In-Principle Approval Letter received from BSE Limited for issue of 10,00,000 Warrants convertible into 10,00,000 equity shares to the Promoter and Non-Promoter of the ....12 Oct 2026 · Company Update / General
Intimation for closure of Trading window25 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Scrutinizer''s Report10 Sep 2026 · AGM/EGM / EGM
Disclosure of Voting Results of EGM of the Company held on September 09, 202610 Sep 2026 · AGM/EGM / EGM
Resignation of Ms. Gargi Sawant as Company Secretary and Compliance Officer of the Company with effect from close of business hours of September 09, 2026.9 Sep 2026 · Company Update / Resignation of Company Secretary / Compliance Officer
Proceedings of Extra Ordinary General Meeting9 Sep 2026 · AGM/EGM / EGM
Press Release titled "Mitsu Chem Plast Limited Scales Up Again - Adds 600 MT/Year to its existing Manufacturing Capacity27 Aug 2026 · Company Update / Press Release / Media Release
Capacity Addition to existing operational capacity27 Aug 2026 · Company Update / General
Notice of Corrigendum26 Aug 2026 · AGM/EGM / EGM
Transcript of Conference Call with Investors and Analysts held on August 18, 202625 Aug 2026 · Company Update / Earnings Call Transcript
Newspaper Publication - Notice to Shareholders for the Extra Ordinary General Meeting of the Company to be held on September 9, 2026 along with information pertaining to e-voting facility.18 Aug 2026 · Company Update / Newspaper Publication
E Voting information for the Extra Ordinary General Meeting of the Company.17 Aug 2026 · AGM/EGM / EGM
Notice of Extra Ordinary General Meeting of the Company to be held on Wednesday, September 09, 2026 at 2:30 pm.17 Aug 2026 · AGM/EGM / EGM
Newspaper publication for June 2026 results16 Aug 2026 · Company Update / Newspaper Publication
Earnings Release for Q1 FY2714 Aug 2026 · Company Update / Press Release / Media Release
Investor Presentation for Q1 FY2026-2714 Aug 2026 · Company Update / Investor Presentation
Re-appointment of M/s. Incorp Advisory Services Private Limited, Chartered Accountants as Internal Auditor of the Company to conduct the Internal Audit for the Financial Year 2026-27. Appointment ....14 Aug 2026 · Company Update / Change in Management
Issuance of upto 10,00,000 (Ten Lakhs) warrants each convertible into or exchangeable for, one equity shares within the period of 18 (eighteen months) in accordance with the applicable ....14 Aug 2026 · Company Update / Preferential Issue
Outcome of Board Meeting14 Aug 2026 · Board Meeting / Outcome of Board Meeting
Financial Results for the Quarter ended June 202614 Aug 2026 · Result / Financial Results
Intimation of Earnings Conference Call for Investors and Analysts for Q1FY2713 Aug 2026 · Company Update / Analyst / Investor Meet
Press Release titled "Mitsu Chem Plast announces 3550 MT/Year Capacity addition to support sustainable growth"11 Aug 2026 · Company Update / Press Release / Media Release
Mitsu Chem Plast Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve To consider and approve proposal ....10 Aug 2026 · Board Meeting / Board Meeting
Announcement under Regulation 30 - Capacity Addition to existing Operational Capacity10 Aug 2026 · Company Update / General
Scrutinizers Report along with Voting Results as required pursuant to Regulation 44 of SEBI (LODR) Regulations, 2015 for the 38th Annual General Meeting4 Aug 2026 · AGM/EGM / AGM
Proceedings of 38th Annual General Meeting31 Jul 2026 · AGM/EGM / AGM

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 0.2000	24 Jul 2026	24 Jul 2026	—
Final Dividend - Rs. - 0.2000	28 Aug 2025	28 Aug 2025	—
Final Dividend - Rs. - 0.2000	20 Aug 2024	20 Aug 2024	—

Board meetings

31 Oct 2026 Board Meeting - Financial Results
14 Aug 2026 Board Meeting - Financial Results