Mitsu Chem Plast Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L25111MH1988PLC048925 Incorporated 23 September 1988 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 540078 Public Limited Company manufacturing
Data last updated
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
ROE
14.9%
ROCE 16.1%
Debt / Equity
0.63
Interest cover 23.8x

About Mitsu Chem Plast Limited

Data last updated:

Mitsu Chem Plast Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 23 September 1988 and has been in existence for over 38 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L25111MH1988PLC048925. Its GSTIN is 27AAACM0641G1ZV (Maharashtra). The company holds 5 GST registrations, of which 4 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 540078.

The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹13.58 Cr. It is led by directors including Manish Mavji Dedhia (Managing Director) and Sanjay Mavji Dedhia (Managing Director).

Its last annual general meeting (AGM) was held on 31 July 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 329 Gala Complex 3rd Floor Din Dayal Upadhyay Marg Mulund (W), Mumbai, Maharashtra, India – 400080.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹350.17 Cr, a growth of 5.4% compared to the previous year. For the same year it recorded a net profit of ₹15.76 Cr (net margin 4.5%) and EBITDA of ₹34.67 Cr (EBITDA margin 9.9%). The net worth stands at ₹112.41 Cr (up 15.9% YoY). Total assets are valued at ₹176.88 Cr (up 6.2% YoY).

The company has about 342 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

The company is associated with 1 brand: Mitsu Chem. As per MCA filings, the company has open charges of ₹113.12 Cr and satisfied charges of ₹171.85 Cr on record. Court records list 31 cases involving the company, including 10 filed by the company and 21 filed against it; 15 cases are pending. The company has 48 deals on record (46 market trades, 1 rights issue, 1 ipo); the latest was in June 2026. Its 6 peer companies in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 3 larger and 3 smaller; the largest is TPL Plastech Limited with revenue of ₹349.4 Cr. The company has 7 MSME Form 1 returns on record between 2019 and 2024, listing 23 overdue payments to 14 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mitsuchem.com.

Company details

CIN L25111MH1988PLC048925
Registration Number 048925
Incorporation Date 23 September 1988
ROC Mumbai
Listing Status Listed - Listed on BSE (540078)
Company Status Active
Date of Last AGM 31 July 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Contact details

Mitsu Chem Plast Limited's registered office is in Mumbai, Maharashtra. Its website is mitsuchem.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    329 Gala Complex 3rd Floor Din Dayal Upadhyay Marg Mulund (W), Mumbai, Maharashtra, India – 400080
  • Industry
    Manufacturing, Plastic-Based Products

To see the full contact details of Mitsu Chem Plast Limited, buy the company report.

Comprehensive company report
Mitsu Chem Plast Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Mitsu Chem Plast operates one associated brand: Mitsu Chem. Each brand links to its own profile.

BrandDescriptionWebsite
Plastic blow-molded, injection-molded, and polycontainer products are manufactured.mitsuchem.com

Business activity

The main business activity of Mitsu Chem Plast is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Mitsu Chem Plast Limited, buy the company report.

Financials of Mitsu Chem Plast Limited

FY 2025-26 filings available

Mitsu Chem Plast Limited reported revenue of ₹350.17 Cr (up 5.4% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹350 Cr
+5.4% YoY
EBITDA
₹34.67 Cr
+48.8% YoY
Profit After Tax
₹15.76 Cr
+119.5% YoY
Net Worth
₹112 Cr
+15.9% YoY
Total Assets
₹177 Cr
+6.2% YoY
Total Debt
₹63.86 Cr
-7.4% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue350332311309258178139
Revenue growth+5.4%+6.8%+0.7%+19.9%+44.5%+28.7%-
EBITDA34.6723.3025.6726.5925.6823.0915.85
EBITDA margin+9.9%+7.0%+8.3%+8.6%+10.0%+13.0%+11.4%
Profit before tax21.2810.0211.8814.8416.4113.795.81
Net profit15.767.188.8711.8211.349.664.01
Net profit margin+4.5%+2.2%+2.9%+3.8%+4.4%+5.4%+2.9%
EPS (₹)11.505.346.919.789.538.023.29
Balance sheet
Total assets17716715914111910494.89
Net worth11296.9879.3862.4250.9139.6530.17
Total debt63.8668.9679.9377.0967.1564.0363.67
Cash & bank0.060.050.100.112.140.742.23
Net working capital74.0077.1072.2458.0158.7442.1135.99
Cash flow
Cash from operations32.7715.169.3521.998.1813.174.40
Cash from investing(16.34)(8.30)(12.45)(27.43)(4.92)(7.18)(7.69)
Cash from financing(16.42)(6.92)3.093.40(1.86)(5.37)3.26
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue95.1586.4786.0092.4285.2890.4780.4681.22
Revenue growth (YoY)+11.6%-4.4%+6.9%+13.8%+6.4%---
Other income0.180.320.090.140.130.040.060.24
Total expenses79.6572.2576.4586.5480.2782.2574.9576.48
EBITDA15.5014.229.555.885.018.225.514.74
EBITDA margin+16.3%+16.4%+11.1%+6.4%+5.9%+9.1%+6.8%+5.8%
Depreciation2.062.161.801.831.841.761.751.72
Interest1.691.771.521.641.511.751.641.69
Profit before tax11.9310.616.322.551.794.752.181.57
Tax3.192.891.620.670.471.220.700.43

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 01 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue95.1586.4786.0092.4285.2890.4780.4681.22
Revenue growth (YoY)+11.6%-4.4%+6.9%+13.8%+6.4%---
Other income0.180.320.090.140.130.040.060.24
Total expenses79.6572.2576.4586.5480.2782.2574.9576.48
EBITDA15.5014.229.555.885.018.225.514.74
EBITDA margin+16.3%+16.4%+11.1%+6.4%+5.9%+9.1%+6.8%+5.8%
Depreciation2.062.161.801.831.841.761.751.72
Interest1.691.771.521.641.511.751.641.69
Profit before tax11.9310.616.322.551.794.752.181.57
Tax3.192.891.620.670.471.220.700.43
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue350332311309258178139
Revenue growth+5.4%+6.8%+0.7%+19.9%+44.5%+28.7%-
Other income0.680.601.030.361.151.110.32
Total expenses316309286282232155123
Employee cost23.2621.6018.9116.7014.0311.9410.68
EBITDA34.6723.3025.6726.5925.6823.0915.85
EBITDA margin+9.9%+7.0%+8.3%+8.6%+10.0%+13.0%+11.4%
Depreciation7.646.896.025.284.824.424.01
Interest6.436.998.806.835.605.996.35
Profit before tax21.2810.0211.8814.8416.4113.795.81
Tax5.652.753.033.034.914.111.84
Net profit15.767.188.8711.8211.349.664.01
Net profit margin+4.5%+2.2%+2.9%+3.8%+4.4%+5.4%+2.9%
EPS (₹)11.505.346.919.789.538.023.29
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital13.5813.5812.8312.0712.0712.0712.07
Reserves & surplus98.8383.4066.5550.3538.8427.5818.10
Shareholders' funds (net worth)11296.9879.3862.4250.9139.6530.17
Secured loans57.1766.1969.4155.3460.3646.5744.52
Unsecured loans6.692.7710.5221.756.7917.4619.15
Total debt63.8668.9679.9377.0967.1564.0363.67
Total liabilities17716715914111910494.89
Assets
Gross block15613912910892.4285.7280.31
Net block10190.7387.4872.1362.3060.3159.28
Capital work in progress1.370.700.579.860.220.690.41
Investments0.110.130.010.010.320.760.88
Inventories43.0530.3441.1732.0729.3022.5312.47
Sundry debtors58.2463.4852.2547.2241.4529.1528.54
Cash & bank balances0.060.050.100.112.140.742.23
Loans & advances6.735.917.879.165.745.621.60
Total current assets10899.7810188.5678.6358.0444.84
Total current liabilities34.0822.6829.1530.5519.8915.938.85
Net working capital74.0077.1072.2458.0158.7442.1135.99
Total assets17716715914111910494.89
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.040.100.102.140.740.120.15
Net cash from operating activities32.7715.169.3521.998.1813.174.40
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)3.093.40(1.86)(5.37)3.26
Net change in cash0.01(0.05)(0.01)(2.03)1.400.61(0.03)
Closing cash0.060.050.100.112.140.742.23
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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 / equity0.630.841.111.271.451.832.08
Long-term debt / equity0.110.160.340.500.610.790.89
Interest cover23.7942.6044.7832.0526.8532.0853.63
Efficiency & per share
Fixed asset turnover2.382.482.633.092.892.151.80
Inventory turnover9.549.298.5010.079.9410.1911.98
Debtors turnover5.755.746.266.977.306.185.34
EPS (₹)11.505.346.919.789.538.023.29
Dividend per share (₹)0.200.200.200.200.200.200.20
Book value per share (₹)82.7971.4361.8851.7142.1832.8425.00

To see the full year-wise statements and ratios of Mitsu Chem Plast Limited, buy the company report.

Board of directors of Mitsu Chem Plast Limited

Mitsu Chem Plast has 8 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Manish Mavji DedhiaManaging Director01 Apr 199729 Years 7 MonthsCurrent
Jagdish Liladhar DedhiaDirector12 Apr 199036 Years 6 MonthsCurrent
Sanjay Mavji DedhiaManaging Director15 Jul 199333 Years 3 MonthsCurrent
Hasmukh Bhavanji DedhiaDirector01 Jun 20215 Years 5 MonthsCurrent
Drishti Shailesh ThakkerDirector14 Aug 20260 Years 2 MonthsCurrent
Neha Sunil HuddarDirector01 Feb 20206 Years 9 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Peer comparison

Mitsu Chem Plast Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Mitsu Chem Plast Limitedthis company₹350.17 Cr (FY 2026)₹15.76 Cr4.5%5.4%342Mumbai, Maharashtra, India
TPL Plastech Limited₹349.4 Cr (FY 2025)11.0%Nani Daman Ut, Daman and Diu, India
MG Polyplast Industries Private Limited₹338.9 Cr (FY 2025)-18.0%Delhi, India
Varsa Plastic Industries Private Limited₹332.95 Cr (FY 2025)26.0%Aurangabad, Maharashtra, India
Tara Tradelink Private Limited₹327.47 Cr (FY 2025)160.0%Ahmedabad, Gujarat, India
National Plastic Technologies Limited₹310.8 Cr (FY 2025)15.0%Chennai, Tamil Nadu, India
East India Technologies Private Limited.₹308.48 Cr (FY 2025)14.0%Greater Noida, Uttar Pradesh, India

To see the full peer comparison of Mitsu Chem Plast Limited, buy the company report.

Auditor

Mitsu Chem Plast Limited is audited by Gokhale & Sathe for the financial year 2025.

Auditor firmFinancial yearFirm registration number
Gokhale & SatheFY 2025103264W

Shareholding

Shareholding for the quarter ended Mar 2026: promoters hold 67.80%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 32.20%.

Promoters: 67.80%Retail & Others: 32.20%
Mar 2026
QUARTER
67.80% Promoters
32.20% Retail & Others
Promoter holding - history
Now 67.80% · Mar 2026High 67.80% · Jun 2025Low 67.80% · Jun 2025
66%66.8%67.5%68.3%69%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 67.80%Sep 2025: 67.80%Dec 2025: 67.80%Mar 2026: 67.80%67.80%67.80%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters67.80%67.80%67.80%67.80%
Public32.20%32.20%32.20%32.20%

Charges & borrowings

Open charges
₹113.12 Cr
Satisfied charges
₹171.85 Cr
Breakdown by lending institutions
Others₹52.54 Cr
Citi Bank N.A.₹49.62 Cr
Sidbi₹10.96 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Oct 2025101179057Sidbi₹3 CrOpen
26 Sep 2025101164574Others₹64.8 LakhOpen
29 Jan 2025101050979Others₹1.2 CrOpen
28 Jun 2024100943607Others₹51 LakhOpen
28 Feb 2024100886185Others₹49 LakhOpen

To see the full charge records of Mitsu Chem Plast Limited, buy the company report.

Total charge records: 56 View all charges

Deals & funding

Mitsu Chem Plast Limited has 48 deals on record (46 market trades, 1 rights issue, 1 ipo); the latest was in June 2026.

Total deals
48
Market trades
46
Rights issue
1
IPO
1

Deals on record (5 of 48)

WhenDealAmountParties
Aug 2022Market trade₹2.09 CrSeller: Rikhav Securities Limited
Aug 2022Market trade₹6.3 CrBuyer: Negen Capital Services Private Limited
Seller: Rikhav Securities Limited
Apr 2022Market trade₹5.84 CrBuyer: Negen Capital Services Private Limited
Apr 2021Market trade₹1.18 CrSeller: Shri Ravindra Media Ventures Private Limited
Mar 2021Market trade₹74.2 LakhSeller: Value Distributors Private Limited

To see the full deal history of Mitsu Chem Plast Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Mitsu Chem Plast Limited was last rated by Crisil on 22 Apr 2020.

Rating agencyRated onRating
Crisil22 Apr 2020

To see the full credit ratings and regulatory alerts of Mitsu Chem Plast Limited, buy the company report.

MSME payment delays

Mitsu Chem Plast Limited has 7 MSME Form 1 returns on record between 2019 and 2024, listing 23 overdue payments to 14 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 14)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
Enetech Energy Managers Private Limited
Multicare Services (India) Private Limited
an individual supplier

To see the full MSME payment records of Mitsu Chem Plast Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Mitsu Chem Plast has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Mitsu FoundationU85300MH2021NPL369618

To see the full group structure of Mitsu Chem Plast Limited, buy the company report.

Employees & EPFO

Mitsu Chem Plast Limited has a workforce of 342 employees on its EPFO records as of Jan 08, 2026, across 1 active EPFO establishment.

Employee count
342
Active EPFO establishments
1
Employee growth
-1.72%

GST

Mitsu Chem Plast has 5 GST registrations: 4 active and 1 cancelled or inactive.

Total GSTINs
5
Active
4
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAACM0641G1ZVMaharashtraActive01 Jul 2017
27AAACM0641G2ZUMaharashtraActive01 Apr 2025
07AAACM0641G1ZXDelhiActive31 Jul 2020
36AAACM0641G1ZWTelanganaActive23 May 2022

To see the full GST registrations and return filing status of Mitsu Chem Plast Limited, buy the company report.

Recent activity

Mitsu Chem Plast Limited has 15 board changes on record since 1990: 12 appointments and 3 cessations. The latest: Drishti Shailesh Thakker was appointed as Director on 14 Aug 2026.

Appointed
Drishti Shailesh Thakker was appointed as Director.
AGM
Mitsu Chem Plast Limited last Annual general meeting of members was held on 31 Jul 2026 as per latest MCA records.
Charges
A charge with Others of Rs. 49.69 Cr registered on 12 Dec 2014 with Charge ID 10546156 was modified on 07 Jul 2026.
Appointed
Pankaj Janardan Gharat was appointed as Director.
Charges
A charge with Citi Bank N.A. of Rs. 42.50 Cr registered on 10 Feb 2022 with Charge ID 100539080 was modified on 29 Jun 2026.
Appointed
Ajit Eledath Venugopalan was appointed as Director.
Filing
Mitsu Chem Plast Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Charges
A charge with Citi Bank N.A. of Rs. 7.12 Cr registered on 24 Mar 2023 with Charge ID 100703462 was modified on 26 Dec 2025.
Charges
A charge with Sidbi amounted to Rs. 3.00 Cr with Charge ID 101179057 was registered on 29 Oct 2025.
Charges
A charge with Others amounted to Rs. 0.65 Cr with Charge ID 101164574 was registered on 26 Sep 2025.
Charges
A charge registered on 25 Sep 2020 via Charge ID 100372668 with Sidbi was fully satisfied on 17 Sep 2025.
Charges
A charge registered on 28 Feb 2022 via Charge ID 100550058 with Citi Bank N.A. was fully satisfied on 15 Jul 2025.

125 earlier events are in the company report.

Frequently asked questions

Mitsu Chem Plast is an active public limited company based in Mumbai, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 23 September 1988 (38+ years old) and is registered under CIN L25111MH1988PLC048925. Listed on BSE: 540078.

Mitsu Chem Plast reported revenue of ₹350.17 Cr for FY 2025-26 (up 5.4% YoY) based on standalone financials.

Mitsu Chem Plast has 8 current directors:

The latest financial statements of Mitsu Chem Plast on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 31 July 2026. Year-wise statements from 2015 are in the company report.

The GSTIN of Mitsu Chem Plast is 27AAACM0641G1ZV, registered in Maharashtra. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACM0641G2ZU (Maharashtra), 07AAACM0641G1ZX (Delhi), 36AAACM0641G1ZW (Telangana).

The CIN (Corporate Identification Number) of Mitsu Chem Plast is L25111MH1988PLC048925. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Mitsu Chem Plast is a listed company as per MCA records. Its shares are listed on BSE (code: 540078).

Mitsu Chem Plast has 31 court cases on record: 10 filed by the company and 21 filed against it. 15 are pending. Most are in the district courts.

Mitsu Chem Plast was incorporated on 23 September 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.

Mitsu Chem Plast has 48 deals on record (46 market trades, 1 rights issue, 1 ipo); the latest was in June 2026.

The peers of Mitsu Chem Plast by revenue are TPL Plastech Limited, MG Polyplast Industries Private Limited, Varsa Plastic Industries Private Limited, Tara Tradelink Private Limited, National Plastic Technologies Limited and 1 more, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).

Drishti Shailesh Thakker was appointed as Director on 14 Aug 2026. Pankaj Janardan Gharat was appointed as Director on 07 Jul 2026. Ajit Eledath Venugopalan was appointed as Director on 28 May 2026. Mitsu Chem Plast has 15 board changes on record in total.