Mitsu Chem Plast Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹280 Cr
- P/E
- 12.08
- ROE
- 15.04%
- PEG
- 1.19
- Price to sales
- 0.76
- Debt to equity
- 0.57
- 52W high / low
- ₹240 / ₹81.6
- Sales growth (5Y)
- 14.45%
- EBITDA margin
- 12.58%
- Net profit margin
- 4.50%
- Promoter holding
- 67.77%
- Sales (last year)
- ₹360 Cr
Incorporated in 1990, Mitsu Chem Ltd manufactures blow molding, injection molding and customized molding products[1]
Guidance scorecard · Q1 FY27 call
What Mitsu Chem Plast Ltd's management guided
and where it ranks in Industrial Products
RevenueQ1 FY27 call
10–20%- Company targets INR 1,000 crores annual revenue by FY28, leveraging growth across existing verticals (packaging, furniture parts, containers) and new segments like IBC from Q3 FY27.
- Capacity expansion of 3,550 metric tons added recently, expected to support sustained Q-o-Q revenue growth in FY27.
- Management anticipates maintaining utilization around 64-70% as healthier levels for operations.
- Revenue growth driven primarily by packaging (~80% contribution), with furniture parts and healthcare segments expected to gain higher revenue share over 2-3 years.
- Incremental growth expected via operational efficiencies, product innovation, and expanded customer base (150+ new customers added in the last year).
2 more points from Mitsu Chem Plast Ltd's call on revenue
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MarginsQ1 FY27 call
FlatSee what Mitsu Chem Plast Ltd said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- The company added 3,550 metric tons of additional capacity recently, which is already operational as of FY27.
- The capex for this capacity addition is approximately INR 2 crores, funded through a mix of internal accruals and debt.
- There is a new IBC (Intermediate Bulk Container) project expected to start commercial production by Q3 FY27, involving completely new machinery. Details on investment amounts for this are yet to be announced.
2 more points from Mitsu Chem Plast Ltd's call on capex
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FundraisingQ1 FY27 call
PlannedSee what Mitsu Chem Plast Ltd said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
Ask what Mitsu Chem Plast Ltd said on the order book →
Full Q1 FY27 analysisRanges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Products
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Industrial Products companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹532 Cr | 21.2 | |
| 2 | 40%+ | Up 2%+ | ₹450 Cr | 13.2 | |
| 3 | 40%+ | Up 2%+ | ₹371 Cr | 26.1 | |
| 4 | 40%+ | Up 0–2% | ₹1,340 Cr | 32.9 | |
| 5 | 40%+ | Up 0–2% | ₹1,196 Cr | 14.1 | |
| 6 | 40%+ | Flat | ₹966 Cr | 25.0 |
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Pro shows every company guiding 40%+ revenue growth →Full Industrial Products rankingFinancials of Mitsu Chem Plast Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Mitsu Chem Plast Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 83.20 | 79.72 | 75.78 | 73.47 | 82.27 | 80.13 | 81.22 | 80.46 | 90.47 | 85.28 | 92.42 | 86.00 | 86.47 |
| Expenses + | 75.62 | 74.69 | 70.36 | 65.77 | 74.75 | 75.31 | 76.48 | 74.95 | 82.25 | 80.27 | 86.54 | 76.33 | 72.24 |
| Operating Profit | 7.58 | 5.03 | 5.42 | 7.70 | 7.52 | 4.82 | 4.74 | 5.51 | 8.22 | 5.01 | 5.88 | 9.67 | 14.23 |
| OPM % | 9.11% | 6.31% | 7.15% | 10.48% | 9.14% | 6.02% | 5.84% | 6.85% | 9.09% | 5.87% | 6.36% | 11.24% | 16.46% |
| Other Income + | -0.03 | 0.27 | 0.23 | 0.26 | 0.27 | 0.26 | 0.24 | 0.06 | 0.04 | 0.13 | 0.14 | -0.03 | 0.32 |
| Interest | 2.02 | 2.04 | 2.12 | 2.23 | 2.40 | 1.91 | 1.69 | 1.64 | 1.75 | 1.51 | 1.64 | 1.52 | 1.77 |
| Depreciation | 1.39 | 1.42 | 1.46 | 1.53 | 1.61 | 1.66 | 1.72 | 1.75 | 1.76 | 1.84 | 1.83 | 1.80 | 2.16 |
| Profit before tax | 4.14 | 1.84 | 2.07 | 4.20 | 3.78 | 1.51 | 1.57 | 2.18 | 4.75 | 1.79 | 2.55 | 6.32 | 10.62 |
| Tax % | 20.29% | 26.63% | 27.05% | 24.29% | 25.40% | 27.15% | 27.39% | 32.11% | 25.68% | 26.26% | 26.27% | 25.63% | 27.21% |
| Net Profit + | 3.30 | 1.35 | 1.50 | 3.18 | 2.83 | 1.09 | 1.14 | 1.48 | 3.54 | 1.31 | 1.88 | 4.71 | 7.72 |
| EPS in Rs | 2.43 | 0.99 | 1.10 | 2.34 | 2.08 | 0.80 | 0.84 | 1.09 | 2.61 | 0.96 | 1.38 | 3.47 | 5.69 |
Financials of Mitsu Chem Plast Ltd
Profit & Loss
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 88 | 89 | 94 | 112 | 125 | 139 | 178 | 258 | 309 | 311 | 332 | 350 |
| Expenses + | 81 | 81 | 86 | 103 | 114 | 123 | 155 | 232 | 282 | 286 | 309 | 315 |
| Operating Profit | 7 | 8 | 9 | 10 | 11 | 16 | 23 | 26 | 27 | 26 | 23 | 35 |
| OPM % | 8% | 9% | 9% | 9% | 9% | 11% | 13% | 10% | 9% | 8% | 7% | 10% |
| Other Income + | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 1 | 1 |
| Interest | 5 | 4 | 4 | 4 | 4 | 6 | 6 | 6 | 7 | 9 | 7 | 6 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 4 | 4 | 5 | 5 | 6 | 7 | 8 |
| Profit before tax | 1 | 3 | 3 | 4 | 4 | 6 | 14 | 16 | 15 | 12 | 10 | 21 |
| Tax % | 37% | 27% | 25% | 20% | 17% | 32% | 30% | 30% | 20% | 25% | 27% | 27% |
| Net Profit + | 1 | 2 | 2 | 3 | 4 | 4 | 10 | 12 | 12 | 9 | 7 | 16 |
| EPS in Rs | 12.67 | 31.83 | 2.03 | 2.63 | 2.66 | 2.93 | 7.12 | 8.46 | 8.68 | 6.51 | 5.34 | 11.50 |
| Dividend Payout % | 32% | 37% | 0% | 6% | 6% | 6% | 2% | 2% | 2% | 3% | 4% | 0% |
Financials of Mitsu Chem Plast Ltd
Balance Sheet
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 4 | 4 | 4 | 12 | 12 | 12 | 12 | 13 | 14 | 14 |
| Reserves | 7 | 9 | 9 | 18 | 23 | 18 | 28 | 39 | 50 | 67 | 83 | 99 |
| Borrowings + | 39 | 37 | 34 | 34 | 54 | 64 | 64 | 67 | 77 | 80 | 69 | 64 |
| Other Liabilities + | 7 | 9 | 9 | 13 | 18 | 14 | 21 | 26 | 38 | 35 | 30 | 42 |
| Total Liabilities | 56 | 56 | 56 | 69 | 99 | 108 | 125 | 144 | 177 | 194 | 195 | 218 |
| Fixed Assets + | 21 | 22 | 24 | 26 | 57 | 59 | 60 | 62 | 72 | 87 | 91 | 101 |
| CWIP | 0 | 0 | 0 | 4 | 0 | 0 | 1 | 0 | 10 | 1 | 1 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 34 | 34 | 32 | 40 | 42 | 47 | 63 | 81 | 95 | 106 | 104 | 116 |
| Total Assets | 56 | 56 | 56 | 69 | 99 | 108 | 125 | 144 | 177 | 194 | 195 | 218 |
Financials of Mitsu Chem Plast Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 5 | 14 | 4 | 6 | 18 | 4 | 13 | 7 | 22 | 9 | 15 | 33 |
| Cash from Investing Activity + | -3 | -4 | -4 | -7 | -30 | -8 | -7 | -3 | -27 | -12 | -8 | -16 |
| Cash from Financing Activity + | -2 | -5 | -6 | 2 | 11 | 3 | -5 | -2 | 3 | 3 | -7 | -16 |
| Net Cash Flow | 1 | 5 | -5 | 1 | -1 | -0 | 1 | 1 | -2 | -0 | -0 | 0 |
| Free Cash Flow | 2 | 11 | 0 | -2 | -12 | -3 | 7 | 2 | -6 | -3 | 7 | 15 |
| CFO/OP | 75% | 175% | 58% | 70% | 175% | 34% | 67% | 40% | 96% | 45% | 74% | 104% |
Financials of Mitsu Chem Plast Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 82 | 73 | 71 | 70 | 68 | 75 | 60 | 59 | 56 | 61 | 70 | 61 |
| Inventory Days | 57 | 42 | 54 | 56 | 52 | 63 | 86 | 71 | 61 | 81 | 58 | 74 |
| Days Payable | 19 | 28 | 24 | 20 | 47 | 28 | 40 | 34 | 45 | 42 | 28 | 42 |
| Cash Conversion Cycle | 120 | 88 | 101 | 106 | 74 | 111 | 106 | 95 | 72 | 100 | 100 | 93 |
| Working Capital Days | 17 | -7 | 3 | 23 | -6 | -4 | 19 | 25 | 22 | 20 | 21 | 26 |
| ROCE % | 13% | 14% | 15% | 16% | 12% | 14% | 20% | 20% | 17% | 14% | 10% | 16% |
Guidance history
How Mitsu Chem Plast Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 10–20% | Flat | Planned | Planned | — |
| Q4 FY26 call → | 20–40% | Flat | Planned | — | — |
| Q3 FY26 call → | 20–40% | Up 0–2% | Planned | Planned | — |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Continue your research
What Mitsu Chem Plast Ltd's management said in earlier quarters
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