Mitsu Chem Plast Ltd

Mitsu Chem Plast Ltd (MITSU) is a micro-cap Industrial Products company valued at ₹309 crore operating in Packaging on the NSE and BSE.

Recent price move

Mitsu Chem Plast Ltd last traded at ₹229, down 4.54% on the day.

Recent developments

On 2026-06-30, the company reported a significant increase in net profit to ₹9 crore for the latest quarter, up from ₹1 crore a year earlier. This marks a strong turnaround in profitability. Promoter holding decreased by 5.24% over the last three years, indicating a gradual dilution of control.

Financial performance

The company's business has improved, with annual revenue rising 5.4% and net profit surging 115.4%. The latest quarter saw revenue and net profit jump 11.6% and 567.2% respectively compared to the same quarter a year earlier, driven by a sharp rise in net profit margin to 4.5% from 2.2%.

Valuation multiples

The stock trades at 19.9 times earnings, 2.14 times book value. It yields 0.1%.

Things to watch

The company's dividend payout has remained low at 2.79% of profits over the last three years, limiting shareholder returns. Promoter holding has decreased over the last three years, which may signal a shift in ownership structure. The stock is 3.0% below its 52-week high, reflecting a recent pullback from its peak.

Where it stands

Mitsu Chem Plast Ltd has shown strong growth in both revenue and net profit, with the latest quarter marking a notable improvement in profitability. The most significant movement was the 567.2% rise in net profit, highlighting a turnaround in the business. The stock remains 3.0% below its 52-week high.

Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.