As of 6 Nov 2026, Mitsu Chem Plast trades at 10.8× trailing earnings, below the industry P/E of 22.1×, and the shares are 26% below their 52-week high. It earns ROCE of 20% and ROE of 15%, and sales and net profit grew 4.3% and 9.8% a year over 3 years. Its dividend yield is 0.1%, and debt is 0.57× equity. It is a small-cap company with a market cap of ₹249 Cr, ranked 122nd of 204 Specialty Chemicals companies by market cap; the shares rose 92% over the past year.
- ₹187.05
- ₹187.05
- ₹181.75
- ₹187.05
- 19K
Health check
- ReturnsAhead
+92.0% over a year, better than 6 of 7 peers.
- Price tagCheaper
P/E 10.8 vs industry 22.1.
- GrowthSteady
Sales +4.3%, profit +9.8% a year over 3 years.
- ProfitabilityAverage
ROCE 20.3% vs peer median 24.4%.
- Balance sheetFair
Debt 0.57× equity, interest covered 4.6×, Piotroski 8 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Defensive
Key metrics
- Market cap
- ₹249 Cr
- Small cap
- P/E
- 10.8
- Industry 22.1
- Price to book
- 2.22
- Peers 13.33
- Dividend yield
- 0.10%
- ROE
- 14.9%
- Peers 23.0%
- ROCE
- 20.3%
- Peers 24.4%
- Debt to equity
- 0.57
- Debt ₹64 Cr
- EPS (TTM)
- ₹16.98
- OPM (TTM)
- 12.6%
- Net margin 6.4%
- Sales growth
- +11.6%
- Latest quarter vs a year ago
- Profit growth
- +566.2%
- Latest quarter vs a year ago
- Price to sales
- 0.69
- EV/EBITDA 7.7
Strengths and risks
Strengths
- Return on capital employed of 20.3%.
- Quarterly profit up 566.2% on a year ago.
- P/E of 10.8 against an industry P/E of 22.1.
- Positive operating cash flow in each of the last 4 years.
About Mitsu Chem Plast
Mitsu Chem Plast Limited, together with its subsidiaries, manufactures plastic blow and injection molded products in India and internationally. The company offers molded industrial packaging products, including pail containers, jerry cans, full open top drums, narrow mouth drums, containers, wide mouth drums or jars, agro chemicals and pharma packaging products, and bulk drugs and fine chemicals; diagnostic, cosmetics, and consumables products, as well as…
- Headquarters
- Mumbai
- Employees
- 416
- Sector
- Basic Materials
- ISIN
- INE317V01016
- Website
- mitsuchem.com
Price range
- Avg volume (3M)
- 46.1K
- 1-year return
- plus 92.0%
- From 52-week high
- minus 25.7%
Peers · Specialty Chemicals
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ASIANPAINTAsian Paints | 2,546.00 | plus 0.88% | 2,44,025 | 50.5 | 35.0 | 24.4% | 18.9% | 0.21 | 1.1% | plus 1.5% |
| SOLARINDSSolar Industries India | 18,608.00 | plus 0.48% | 1,68,384 | 74.4 | 64.1 | 29.5% | 27.8% | 0.22 | 12.4% | plus 35.9% |
| PIDILITINDPidilite Industries | 1,579.00 | plus 1.63% | 1,60,827 | 60.0 | 44.4 | 28.5% | 23.5% | 0.03 | 7.4% | plus 6.8% |
| LINDEINDIALinde India | 6,859.00 | plus 8.73% | 58,496 | 118.4 | 64.2 | 16.3% | 31.5% | 0.23 | – | plus 5.4% |
| BERGEPAINTBerger Paints India | 478.35 | minus 5.28% | 55,776 | 45.4 | 29.4 | 20.6% | 15.3% | 0.15 | 4.2% | minus 6.0% |
| FLUOROCHEMGujarat Fluorochemicals | 4,665.50 | minus 0.94% | 51,251 | 75.9 | 44.0 | 9.6% | 24.1% | 0.26 | −4.5% | plus 28.0% |
| ACUTAASAcutaas Chemicals | 3,786.60 | plus 0.42% | 31,001 | 70.9 | 64.1 | 27.7% | 39.4% | 0.01 | 29.4% | plus 105.6% |
| MITSUMitsu Chem Plast | 183.70 | minus 1.79% | 249 | 10.8 | 8.9 | 20.3% | 12.6% | 0.57 | 4.3% | plus 92.0% |
| Median of 7 peers | – | 0.48% | 58,496 | 70.9 | 44.4 | 24.4% | 24.1% | 0.21 | 5.8% | 6.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 85.3 | 92.4 | 86 | 86.5 | 95.1 | |
| 80.3 | 86.5 | 76.3 | 72.2 | 79.7 | |
| 5 | 5.9 | 9.7 | 14.2 | 15.5 | |
| 5.9% | 6.4% | 11.2% | 16.5% | 16.3% | |
| 0.1 | 0.1 | 0.1 | 0.3 | 0.2 | |
| 1.5 | 1.6 | 1.5 | 1.8 | 1.7 | |
| 1.8 | 1.8 | 1.8 | 2.2 | 2.1 | |
| – | – | −0.1 | – | – | |
| 1.8 | 2.6 | 6.3 | 10.6 | 11.9 | |
| 26.6% | 26.2% | 25.5% | 27.3% | 26.7% | |
| 1.3 | 1.9 | 4.7 | 7.7 | 8.7 | |
| 0.97 | 1.39 | 3.47 | 5.68 | 6.44 |
Profit & loss
- Sales CAGR 3Y
- +4.3%
- Profit CAGR 3Y
- +9.8%
- EPS CAGR 3Y
- +6.5%
- ROE
- 14.9%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 309 | 311 | 332 | 350 | |
| – | +0.7% | +6.8% | +5.4% | |
| 281 | 286 | 309 | 315 | |
| 28.2 | 25.7 | 23.3 | 34.8 | |
| 9.1% | 8.3% | 7.0% | 10.0% | |
| −0.8 | 0.1 | −0.1 | 0.2 | |
| 6 | 7.9 | 6.4 | 6 | |
| 5.3 | 6 | 6.9 | 7.6 | |
| −1.2 | −0 | 0.1 | −0.2 | |
| 14.8 | 11.9 | 10 | 21.3 | |
| 20.4% | 25.5% | 27.5% | 26.6% | |
| 11.8 | 8.9 | 7.3 | 15.6 | |
| – | minus 24.9% | minus 18.2% | +115.4% | |
| 9.52 | 7.10 | 5.39 | 11.50 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 12.1 | 12.8 | 13.6 | 13.6 | |
| 50.4 | 66.6 | 83.4 | 98.8 | |
| 77.1 | 79.9 | 69 | 63.9 | |
| 37.5 | 35 | 29.5 | 41.6 | |
| 177 | 194 | 195 | 218 | |
| 86.2 | 89.8 | 91.4 | 106 | |
| 14.4 | 2.6 | 1.1 | 6 | |
| 0.3 | 0.7 | 1.7 | 0.3 | |
| 1.1 | 0.7 | 1 | 1.7 | |
| 75.1 | 101 | 100 | 103 | |
| 177 | 194 | 195 | 218 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 22 | 9.4 | 15.2 | 32.8 | |
| −27.4 | −12.5 | −8.3 | −16.3 | |
| 3.4 | 3.1 | −6.9 | −16.4 | |
| −2 | −0 | −0.1 | 0 | |
| −27.7 | −12.2 | −8.4 | −17.7 | |
| −5.7 | −2.9 | 6.8 | 15.1 | |
| −0.2 | −0.2 | −0.3 | −0.3 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.