About Mitsu Chem
Mitsu Chem is a publicly listed company based in Mumbai (India) founded in 1990. Plastic blow-molded, injection-molded, and polycontainer products are manufactured. It operates on a Direct-to-Consumer (D2C) and Reseller / Distribution model. The company has 1,030 employees. Its Indian entity Mitsu Chem Plast Limited reported revenue of ₹351 Cr. Mitsu Chem offers products and services including Molded Industrial Packaging, Hospital Furniture, Infrastructural Furniture, and Automotive Components. Its focus areas include Manufacturing, Plastics and Injection Molding.
Company details
A wide range of plastic products is manufactured by Mitsu Chem, specializing in blow molding, injection molding, and customized molding solutions. Various sectors including industrial packaging, healthcare, infrastructure, and automotive are served. Innovative and high-quality products are developed to meet specific customer needs. Continuous transformation and growth are emphasized in operations since establishment in 1990. Sustainability and corporate social responsibility are integrated into business practices.
- Headquarters Mumbai, India
- Employees 1,030
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website mitsuchem.com
- Social LinkedIn Facebook Instagram YouTube
- Legal Name Mitsu Chem Plast Ltd
- Market Cap₹298 Cr
MITSU · BSE
- Share Price₹207.00
-5.69% today
- Revenue₹350 Cr
FY 2025-26 · +5.4% YoY
- EBITDA₹34.67 Cr
Margin 9.9%
- Net Profit₹15.76 Cr
FY 2025-26 · +119.5% YoY
- P/E (TTM)12.9x
P/B 2.7x
- ROE14.9%
ROCE 16.1%
- Debt / Equity0.63
Interest cover 23.8x
- Employee Count1,030
Associated legal entities of Mitsu Chem
Mitsu Chem operates through Mitsu Chem Plast Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mitsu Chem Plast Limited Listed CIN L25111MH1988PLC048925 | Active | 23 Sep 1988 | Mumbai, Maharashtra | ₹351 Cr | 342 | 9 | View details |
Products & Services of Mitsu Chem
Mitsu Chem offers a comprehensive portfolio of products and services, including Molded Industrial Packaging, Hospital Furniture, Infrastructural Furniture, and Automotive Components.
Industrial packaging solutions are provided for various applications.
Furniture for hospitals is manufactured with durable materials.
Furniture for infrastructure projects is designed and produced.
Plastic components for automotive industry are crafted precisely.
Apps and channels of Mitsu Chem
its YouTube channel Mitsu Chem Plast Ltd Mumbai has 315 subscribers and 8 videos.
Videos from Mitsu Chem
The most watched videos on Mitsu Chem's YouTube channel, Mitsu Chem Plast Ltd Mumbai (315 subscribers). Click a video to play it here.
More on Mitsu Chem Plast Ltd Mumbai.
Board of directors of Mitsu Chem Plast Limited (Mitsu Chem)
Mitsu Chem Plast Limited is the primary company behind Mitsu Chem. The board of Mitsu Chem Plast Limited currently have 8 directors; the longest-serving is Jagdish Liladhar Dedhia, appointed in 1990. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jagdish Liladhar Dedhia DIN 01639945 | Director | 12 Apr 1990 | 36 yrs 6 mo | Mitsu Chem Plast Limited |
| Sanjay Mavji Dedhia DIN 01552883 | Managing Director | 15 Jul 1993 | 33 yrs 3 mo | Mitsu Chem Plast Limited |
| Manish Mavji Dedhia DIN 01552841 | Managing Director | 01 Apr 1997 | 29 yrs 7 mo | Mitsu Chem Plast Limited |
| Neha Sunil Huddar DIN 00092245 | Director | 01 Feb 2020 | 6 yrs 9 mo | Mitsu Chem Plast Limited |
| Hasmukh Bhavanji Dedhia DIN 07510925 | Director | 01 Jun 2021 | 5 yrs 5 mo | Mitsu Chem Plast Limited |
| Ajit Eledath Venugopalan DIN 09439069 | Director | 28 May 2026 | 5 mo | Mitsu Chem Plast Limited |
| Pankaj Janardan Gharat DIN 11810105 | Director | 07 Jul 2026 | 3 mo | Mitsu Chem Plast Limited |
| Drishti Shailesh Thakker DIN 11888392 | Director | 14 Aug 2026 | 2 mo | Mitsu Chem Plast Limited |
People of Mitsu Chem
3 people are tracked at Mitsu Chem (3 in leadership); the tracked headcount is 1,030.
| Name | Role | Group |
|---|---|---|
| Managing Director & CSR | Leadership | |
| Managing Director & Owner | Leadership | |
| CEO | Leadership |
Complete people profiles for Mitsu Chem
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Mitsu Chem
Mitsu Chem is a publicly listed company on the BSE with ticker symbol MITSU in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date09 Sep 2016
- Listed onBSE: 540078
- Listed entityMitsu Chem Plast Ltd
- Exchange sectorProducer manufacturing
- ISININE317V01016
- Share price₹244.20 (+5.51% on the day) · 2026-10-14
- Market capitalisation₹314 Cr
- Price to earnings14.4
- EPS (diluted, trailing year)₹16.97
- Dividend yield0.09%
- Volume (last session)52,794
Financials of Mitsu Chem
Exchange-reported figures of Mitsu Chem Plast Limited, the listed company behind Mitsu Chem (BSE: MITSU).
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 350 | 332 | 311 | 309 | 258 | 178 | 139 |
| Revenue growth | +5.4% | +6.8% | +0.7% | +19.9% | +44.5% | +28.7% | - |
| EBITDA | 34.67 | 23.30 | 25.67 | 26.59 | 25.68 | 23.09 | 15.85 |
| EBITDA margin | +9.9% | +7.0% | +8.3% | +8.6% | +10.0% | +13.0% | +11.4% |
| Profit before tax | 21.28 | 10.02 | 11.88 | 14.84 | 16.41 | 13.79 | 5.81 |
| Net profit | 15.76 | 7.18 | 8.87 | 11.82 | 11.34 | 9.66 | 4.01 |
| Net profit margin | +4.5% | +2.2% | +2.9% | +3.8% | +4.4% | +5.4% | +2.9% |
| EPS (₹) | 11.50 | 5.34 | 6.91 | 9.78 | 9.53 | 8.02 | 3.29 |
| Balance sheet | |||||||
| Total assets | 177 | 167 | 159 | 141 | 119 | 104 | 94.89 |
| Net worth | 112 | 96.98 | 79.38 | 62.42 | 50.91 | 39.65 | 30.17 |
| Total debt | 63.86 | 68.96 | 79.93 | 77.09 | 67.15 | 64.03 | 63.67 |
| Cash & bank | 0.06 | 0.05 | 0.10 | 0.11 | 2.14 | 0.74 | 2.23 |
| Net working capital | 74.00 | 77.10 | 72.24 | 58.01 | 58.74 | 42.11 | 35.99 |
| Cash flow | |||||||
| Cash from operations | 32.77 | 15.16 | 9.35 | 21.99 | 8.18 | 13.17 | 4.40 |
| Cash from investing | (16.34) | (8.30) | (12.45) | (27.43) | (4.92) | (7.18) | (7.69) |
| Cash from financing | (16.42) | (6.92) | 3.09 | 3.40 | (1.86) | (5.37) | 3.26 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 95.15 | 86.47 | 86.00 | 92.42 | 85.28 | 90.47 | 80.46 | 81.22 |
| Revenue growth (YoY) | +11.6% | -4.4% | +6.9% | +13.8% | +6.4% | - | - | - |
| Other income | 0.18 | 0.32 | 0.09 | 0.14 | 0.13 | 0.04 | 0.06 | 0.24 |
| Total expenses | 79.65 | 72.25 | 76.45 | 86.54 | 80.27 | 82.25 | 74.95 | 76.48 |
| EBITDA | 15.50 | 14.22 | 9.55 | 5.88 | 5.01 | 8.22 | 5.51 | 4.74 |
| EBITDA margin | +16.3% | +16.4% | +11.1% | +6.4% | +5.9% | +9.1% | +6.8% | +5.8% |
| Depreciation | 2.06 | 2.16 | 1.80 | 1.83 | 1.84 | 1.76 | 1.75 | 1.72 |
| Interest | 1.69 | 1.77 | 1.52 | 1.64 | 1.51 | 1.75 | 1.64 | 1.69 |
| Profit before tax | 11.93 | 10.61 | 6.32 | 2.55 | 1.79 | 4.75 | 2.18 | 1.57 |
| Tax | 3.19 | 2.89 | 1.62 | 0.67 | 0.47 | 1.22 | 0.70 | 0.43 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 95.15 | 86.47 | 86.00 | 92.42 | 85.28 | 90.47 | 80.46 | 81.22 |
| Revenue growth (YoY) | +11.6% | -4.4% | +6.9% | +13.8% | +6.4% | - | - | - |
| Other income | 0.18 | 0.32 | 0.09 | 0.14 | 0.13 | 0.04 | 0.06 | 0.24 |
| Total expenses | 79.65 | 72.25 | 76.45 | 86.54 | 80.27 | 82.25 | 74.95 | 76.48 |
| EBITDA | 15.50 | 14.22 | 9.55 | 5.88 | 5.01 | 8.22 | 5.51 | 4.74 |
| EBITDA margin | +16.3% | +16.4% | +11.1% | +6.4% | +5.9% | +9.1% | +6.8% | +5.8% |
| Depreciation | 2.06 | 2.16 | 1.80 | 1.83 | 1.84 | 1.76 | 1.75 | 1.72 |
| Interest | 1.69 | 1.77 | 1.52 | 1.64 | 1.51 | 1.75 | 1.64 | 1.69 |
| Profit before tax | 11.93 | 10.61 | 6.32 | 2.55 | 1.79 | 4.75 | 2.18 | 1.57 |
| Tax | 3.19 | 2.89 | 1.62 | 0.67 | 0.47 | 1.22 | 0.70 | 0.43 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 350 | 332 | 311 | 309 | 258 | 178 | 139 |
| Revenue growth | +5.4% | +6.8% | +0.7% | +19.9% | +44.5% | +28.7% | - |
| Other income | 0.68 | 0.60 | 1.03 | 0.36 | 1.15 | 1.11 | 0.32 |
| Total expenses | 316 | 309 | 286 | 282 | 232 | 155 | 123 |
| Employee cost | 23.26 | 21.60 | 18.91 | 16.70 | 14.03 | 11.94 | 10.68 |
| EBITDA | 34.67 | 23.30 | 25.67 | 26.59 | 25.68 | 23.09 | 15.85 |
| EBITDA margin | +9.9% | +7.0% | +8.3% | +8.6% | +10.0% | +13.0% | +11.4% |
| Depreciation | 7.64 | 6.89 | 6.02 | 5.28 | 4.82 | 4.42 | 4.01 |
| Interest | 6.43 | 6.99 | 8.80 | 6.83 | 5.60 | 5.99 | 6.35 |
| Profit before tax | 21.28 | 10.02 | 11.88 | 14.84 | 16.41 | 13.79 | 5.81 |
| Tax | 5.65 | 2.75 | 3.03 | 3.03 | 4.91 | 4.11 | 1.84 |
| Net profit | 15.76 | 7.18 | 8.87 | 11.82 | 11.34 | 9.66 | 4.01 |
| Net profit margin | +4.5% | +2.2% | +2.9% | +3.8% | +4.4% | +5.4% | +2.9% |
| EPS (₹) | 11.50 | 5.34 | 6.91 | 9.78 | 9.53 | 8.02 | 3.29 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 13.58 | 13.58 | 12.83 | 12.07 | 12.07 | 12.07 | 12.07 |
| Reserves & surplus | 98.83 | 83.40 | 66.55 | 50.35 | 38.84 | 27.58 | 18.10 |
| Shareholders' funds (net worth) | 112 | 96.98 | 79.38 | 62.42 | 50.91 | 39.65 | 30.17 |
| Secured loans | 57.17 | 66.19 | 69.41 | 55.34 | 60.36 | 46.57 | 44.52 |
| Unsecured loans | 6.69 | 2.77 | 10.52 | 21.75 | 6.79 | 17.46 | 19.15 |
| Total debt | 63.86 | 68.96 | 79.93 | 77.09 | 67.15 | 64.03 | 63.67 |
| Total liabilities | 177 | 167 | 159 | 141 | 119 | 104 | 94.89 |
| Assets | |||||||
| Gross block | 156 | 139 | 129 | 108 | 92.42 | 85.72 | 80.31 |
| Net block | 101 | 90.73 | 87.48 | 72.13 | 62.30 | 60.31 | 59.28 |
| Capital work in progress | 1.37 | 0.70 | 0.57 | 9.86 | 0.22 | 0.69 | 0.41 |
| Investments | 0.11 | 0.13 | 0.01 | 0.01 | 0.32 | 0.76 | 0.88 |
| Inventories | 43.05 | 30.34 | 41.17 | 32.07 | 29.30 | 22.53 | 12.47 |
| Sundry debtors | 58.24 | 63.48 | 52.25 | 47.22 | 41.45 | 29.15 | 28.54 |
| Cash & bank balances | 0.06 | 0.05 | 0.10 | 0.11 | 2.14 | 0.74 | 2.23 |
| Loans & advances | 6.73 | 5.91 | 7.87 | 9.16 | 5.74 | 5.62 | 1.60 |
| Total current assets | 108 | 99.78 | 101 | 88.56 | 78.63 | 58.04 | 44.84 |
| Total current liabilities | 34.08 | 22.68 | 29.15 | 30.55 | 19.89 | 15.93 | 8.85 |
| Net working capital | 74.00 | 77.10 | 72.24 | 58.01 | 58.74 | 42.11 | 35.99 |
| Total assets | 177 | 167 | 159 | 141 | 119 | 104 | 94.89 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.04 | 0.10 | 0.10 | 2.14 | 0.74 | 0.12 | 0.15 |
| Net cash from operating activities | 32.77 | 15.16 | 9.35 | 21.99 | 8.18 | 13.17 | 4.40 |
| Net cash from investing activities | (16.34) | (8.30) | (12.45) | (27.43) | (4.92) | (7.18) | (7.69) |
| Net cash from financing activities | (16.42) | (6.92) | 3.09 | 3.40 | (1.86) | (5.37) | 3.26 |
| Net change in cash | 0.01 | (0.05) | (0.01) | (2.03) | 1.40 | 0.61 | (0.03) |
| Closing cash | 0.06 | 0.05 | 0.10 | 0.11 | 2.14 | 0.74 | 2.23 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +5.4% | +6.8% | +0.7% | +19.9% | +44.5% | +28.7% | - |
| EBITDA growth | +48.8% | -9.2% | -3.5% | +3.5% | +11.2% | +45.7% | - |
| PBT growth | +112.4% | -15.7% | -20.0% | -9.6% | +19.0% | +137.4% | +34.2% |
| Net income growth | +119.5% | -19.1% | -25.0% | +4.2% | +17.4% | +140.9% | - |
| Revenue CAGR (3Y) | +4.3% | +8.8% | +20.4% | +30.7% | +27.4% | +16.7% | +13.7% |
| EBITDA CAGR (3Y) | +9.3% | -3.2% | +3.6% | +18.8% | +34.5% | +33.9% | +23.5% |
| Profitability & leverage | |||||||
| Net income margin | +4.5% | +2.2% | +2.8% | +3.8% | +4.5% | +5.4% | +2.9% |
| Return on capital employed | +16.1% | +10.4% | +13.8% | +16.7% | +19.8% | +19.9% | +13.7% |
| Return on net worth | +14.9% | +8.2% | +12.5% | +20.8% | +25.4% | +27.8% | +14.0% |
| Debt / equity | 0.63 | 0.84 | 1.11 | 1.27 | 1.45 | 1.83 | 2.08 |
| Long-term debt / equity | 0.11 | 0.16 | 0.34 | 0.50 | 0.61 | 0.79 | 0.89 |
| Interest cover | 23.79 | 42.60 | 44.78 | 32.05 | 26.85 | 32.08 | 53.63 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.38 | 2.48 | 2.63 | 3.09 | 2.89 | 2.15 | 1.80 |
| Inventory turnover | 9.54 | 9.29 | 8.50 | 10.07 | 9.94 | 10.19 | 11.98 |
| Debtors turnover | 5.75 | 5.74 | 6.26 | 6.97 | 7.30 | 6.18 | 5.34 |
| EPS (₹) | 11.50 | 5.34 | 6.91 | 9.78 | 9.53 | 8.02 | 3.29 |
| Dividend per share (₹) | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 |
| Book value per share (₹) | 82.79 | 71.43 | 61.88 | 51.71 | 42.18 | 32.84 | 25.00 |
Web traffic of Mitsu Chem
The website of Mitsu Chem (mitsuchem.com) receives about 1.9K visits a month.
- Monthly visits1.9K
▲ 11.1% vs previous month
Top companies in Contract & Outsourced Manufacturing
3 companies that operate in the same segment as Mitsu Chem (Contract & Outsourced Manufacturing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial components, mould bases, and storage solutions are manufactured globally. | 1986 | Coimbatore, Tamil Nadu, India | USD 28 M | USD 853.09 M | 3,060 | |
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | USD 114.37 M | 618 | ||
Apparel and clothing are manufactured and exported on contract. | 1979 | Bengaluru, Karnataka, India | USD 400 M | 40,280 |
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Frequently Asked Questions about Mitsu Chem
Mitsu Chem was founded in 1990.
Mitsu Chem is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Mitsu Chem has 1,030 employees.
The primary company behind Mitsu Chem, Mitsu Chem Plast Limited, reported revenue of ₹351 Cr for FY 2026, up 5% year on year.
A wide range of plastic products is manufactured by Mitsu Chem, specializing in blow molding, injection molding, and customized molding solutions. Various sectors including industrial packaging, healthcare, infrastructure, and automotive are served. Innovative and high-quality products are developed to meet specific customer needs. Continuous transformation and growth are emphasized in operations since establishment in 1990. Sustainability and corporate social responsibility are integrated into business practices.
Mitsu Chem offers Molded Industrial Packaging, Hospital Furniture, Infrastructural Furniture, and Automotive Components.
Yes, Mitsu Chem is publicly traded on BSE under the ticker symbol MITSU.
Mitsu Chem operates through Mitsu Chem Plast Limited.
The legal entities of Mitsu Chem currently have 8 directors, including Manish Mavji Dedhia, Jagdish Liladhar Dedhia, Sanjay Mavji Dedhia and others.