BSECompany Update31 Oct 2026 · 31 Oct 2026, 06:49 pm
Please find enclosed Earnings Release for the Q2 & H1 FY 27.
Mitsu Chem Plast Ltd · 540078
✦ AI Summary▲ PositiveResults
Mitsu Chem Plast Ltd reported Q2 & H1 FY27 results, with revenue from operations growing 7.5% YoY to Rs 19,095.4 lakhs, EBITDA increasing 151.4% YoY, and net profit growing 364.6% YoY, driven by operational efficiencies and product mix improvement.
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Mitsu Chem Plast Ltd - 540078 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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October 31, 2026
The General Manager, Listing Department
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai- 400 001
Scrip Code: 540078
Dear Sir/Madam,
Sub: Earnings Release on Results for the quarter and half year ended September 30, 2026
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please
find enclosed herewith Earnings Release on the Results for quarter and half year ended September 30, 2026.
Kindly take the same on record. Kindly take the same on record.
Thanking you.
Yours faithfully,
FOR MITSU CHEM PLAST LIMITED
Manish Mavji Dedhia
Managing Director & CFO
DIN: 01552841
Encl: as above
Mitsu Chem Plast Ltd Reports 821 bps Margin Expansion to 14.3% in H1FY27,
Driven by Operational Efficiencies and Product Mix Improvement
Mumbai, 31st October, 2026: Mitsu Chem Plast Limited (Mitsu, The Company) (BSE:540078), Established in 1990, is
engaged in the manufacturing of blow-molded, injection-molded and custom-molded plastic products, serving a
diversified customer base across industrial packaging, pharmaceuticals, chemicals, agrochemicals, food, healthcare,
automotive and infrastructure applications, has announced its Unaudited Financial Results for Q2 & H1 FY27.
Key Financial Highlights
Particulars (Rs Lakhs) Q2 FY27 Q2 FY26 YoY
Revenue from operations 9,580.9 9,242.1 3.7%
EBITDA 1,188.6 588.5 102.0%
EBITDA Margin (%) 12.4% 6.4% 604 bps
Net Profit 610.5 188.3 224.1%
Net Profit Margin (%) 6.4% 2.0% 433 bps
EPS (Rs) 4.5 1.4 223.7%
Particulars (Rs Lakhs) H1 FY27 H1 FY26 YoY
Revenue from operations 19,095.4 17,769.9 7.5%
EBITDA 2,738.0 1,089.1 151.4%
EBITDA Margin (%) 14.3% 6.1% 821 bps
Net Profit 1,484.3 319.5 364.6%
Net Profit Margin (%) 7.8% 1.8% 598 bps
EPS (Rs) 10.9 2.4 365.1%
Key Operational Highlights
• Revenue Diversification: Hospital Furniture Parts emerged as a key growth driver, with H1FY27 revenue of Rs
2,984.6 lakhs, up 30% YoY, while its contribution to revenue increased from 13% in H1FY26 to 16% in H1FY27.
The strong growth supports the Company’s strategy of accelerating its shift towards higher-growth, higher-value
verticals and building a more diversified business mix.
• Core Business: Industrial Packaging remained the core and resilient business, with H1FY27 revenue of Rs 15,475.4
lakhs, up 4% YoY, while the Company continues to pursue emerging verticals across Healthcare and IBC.
• Growth Outlook: Expect growth momentum to continue through FY27, with the IBC facility on track for
commissioning in Q3FY27, supporting the next phase of growth.
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Commenting on the performance, Mr. Sanjay Dedhia, Executive - Vice Chairman of Mitsu Chem Plast Limited said,
“Q2 and H1 FY27 reflected continued progress across our business, supported by the expansion of our
manufacturing capacity to 36,600+ MT per annum, enabling us to address growing demand across key product
verticals.
Happy to witness a strong H1 FY27 performance, with Revenue from Operations growing 7.5% YoY to Rs 19,095.4
lakhs. EBITDA increased 151.4% YoY, while Net Profit grew 364.6% YoY, supported by improved operating
efficiencies and a stronger product mix.
The outlook for India’s plastic packaging industry remains positive, with healthy demand across FMCG, healthcare,
automotive and infrastructure, driven by rising consumption and increasing demand from FMCG, pharmaceuticals
and e-commerce.
We remain focused on strengthening our Blow Molding and Injection Molding businesses, expanding our customer
base and pursuing opportunities in value-added products and emerging applications. Our focus on capacity
utilisation, product innovation and customer diversification will support sustainable and profitable growth while
creating long-term value for our stakeholders.”
About Mitsu Chem Plast Limited
Mitsu Chem Plast Limited (BSE - 540078) is a certified manufacturer of polymer-based molded products, specializing
in the creation and marketing of innovative, technically advanced solutions. The company serves a diverse range of
growing industries, including Industrial Packaging Solutions, Healthcare Products, Infrastructure Products and
Emergency Handling Solutions, all supported by robust in-house testing and quality control systems. The company's
product portfolio features Molded Industrial Plastic Packaging items like drums, jerry cans, bottles, jars, and related
accessories; Infrastructure furniture parts such as chair shells; Hospital furniture components including panels, railings,
planks, and trolley parts and Rescue and safety equipment like spine boards. Mitsu Chem Plast Limited primarily caters
to Original Equipment Manufacturers (OEMs) across a variety of sectors, including chemical, pharmaceutical, dyes,
agrochemical, disinfectants, diagnostic, hospital and infrastructure furniture. Its recent product innovations include
pails for lubricants and new variants like GL 45 caps and TSV caps. The company’s journey began 35 years ago with its
first plant in Boisar, Tarapur. Today, it operates four manufacturing facilities in Maharashtra: three in Boisar, Tarapur,
and one in Khalapur.
Disclaimer
Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking
statements are subject to certain risks and uncertainties like government actions, local, political or economic
developments, technological risks, and many other factors that could cause actual results to differ materially from
those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for
any action taken based on such statements and undertakes no obligation to publicly update these forward-looking
statements to reflect subsequent events or circumstances.
For Further Information Please Contact
Mr. Suyash Samant | Mr. Sharu Garg
Ms. Damini Salunke | CS & Compliance Officer
suyash@stellar-ir.com
investor@mitsuchem.com
sharu@stellar-ir.com
Contact: +91 22 2592 0055
Contact: +91 22 6239 8024
Mitsu Chem Plast Ltd. Stellar IR Advisors Private Ltd.
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