Mitsu Chem Plast Ltd.
Snapshot View

257.95 +4.60 ▲1.8%

04 August 2021, 04:00:00 P.M.
Volume: 50,536

Overview View Details

Sector Plastic Products Compare with Sector peers
Industry Plastic Products Compare with Industry peers
Website http://www.mitsuchem.com
Financial Indicators
Market Cap 311.41 Cr.
Earnings per share (EPS) 8.02 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 32.14 Trailing Twelve Months Ending 2021-03
Industry PE 44.25 Trailing Twelve Months Ending 2021-03
Book Value / Share 32.84 Trailing Twelve Months Ending 2021-03
Price to Book Value 7.85 Calculated using Price: 257.95
Dividend Yield 0.08 Period Ending 2020-03
No. of Shares Subscribed 1.21 Cr. 12,072,600 Shares
FaceValue 10
Company Profile

The company was incorporated as Mitsu Chem Private Limited on September 23, 1988 under the Companies Act, 1956 bearing Registration No. 048925 and having its Registered Office in Mumbai, Maharashtra. The name of the Company was changed to Mitsu Chem Plast Private Limited vide special resolution dated May 11, 2016. Also, vide the same special resolution; the status of the company was changed to a public limited company. A fresh Certificate of Incorporation consequent upon change of name to Mitsu Chem Plast Limited was issued on June 08, 2016 by the Registrar of Companies, Mumbai.

The company’s blow moulded product portfolio consists of four major segments viz. Industrial Containers, Healthcare Furniture, Automotive components and Infrastructure Furniture. Its injection moulded product portfolio consists of Medical Devices and Accessories for Industrial Containers, Healthcare Furniture and Automotive components. Its products are manufactured under its brand “Mitsu” and the same are sold to various intermediary companies who, after minor value additions and / or modifications supply to various Automobile companies.

The company’s industrial packing products like open mouth / wide mouth drums, jerry cans, bottles and varied size containers are currently the preferred choice of some of the top Indian pharmaceutical companies and are also made of 100% food grade materials adhering to 21 CFR norms as per USFDA standards. Its end users include various national and international automobile companies, pharmaceutical & chemical companies, hospitals, and other corporate houses including National Peroxides, Galaxy Surfactants., Castrol India, Thermax, Cipla, Emcure Pharmaceuticals, Mylan India, Tata Ficosa and Tata Autocomp Systems, to name a few.

Business area of the company

The company is an ISO 9001:2008 and ISO TS/16494 (Unit - III) certified polymer based moulded products manufacturing company, engaged in the business of manufacturing and marketing of technically driven innovative products catering to growing industry segments like, Industrial Packaging Solutions, Lifestyle Products, Automotive Components, Healthcare Products, Infrastructure related products & Emergency Handling Solutions. Currently it operates three manufacturing units for manufacture of various polymer based moulded products.

Milestones

  • 1988: Incorporated under Companies Act, 1956 as Mitsu Chem Private Limited.
  • 1989: Acquired Plot No. N-84 at MIDC, Tarapur and commenced production of blow moulded and injection moulded plastic products at Unit – I in Tarapur.
  • 1990: Change in Promoters / Management of the Company.
  • 1995: Acquired Plot No. N-83 at MIDC, Tarapur in the name of one of its Group Company and used the same for manufacturing activities of the company.
  • 1999: Fresh agreement upon transfer of Plot No. N-83 in the name of the Company and fresh agreement of Plot No. N-84 upon submission of certificate of completion, entered into by MIDC, Tarapur.
  • 2001: Company received its first ISO Certification.
  • 2004: Product Patent received for ‘Mitsu Plastic Clamp’ under Design No. 195402.
  • 2006: Maiden Bonus Issue of the company via Capitalizing Rs 41 lakh.
  • 2007: Acquired Plot No. J-237 at MIDC, Tarapur for setting up Unit - II for the production of blow moulded plastic products.
  • 2012: Acquired manufacturing premises Khasra No. 60/4 at Rudrapur, Uttarakhand (on leasehold basis) for setting up Unit - III mainly for manufacturing of blow moulded and injection moulded automotive parts and health care products.
  • 2012: Acquired Office premises at 322-329 Gala Complex, Mulund, Mumbai for setting up of Registered Office.
  • 2013: Obtained possession of additional manufacturing of PE-14 at Sanand, GIDC, Gujarat for future expansion of its manufacturing activities.
  • 2014: Received ISO / TS 16949: 2009 for Blow and Injection Moulded Components like Rain Hood Plastic for Air Cleaner and Washer Bottles for Wiper Systems from TUV Rheinland, Germany.
  • 2015: Obtained the CE certification from Standards Certification Council for its blow moulded product of Spine Board.
  • 2015: Gross Revenue crosses more than Rs 100 crore.
  • 2016: Change in the name & status of the Company from Mitsu Chem Private Limited to Mitsu Chem Plast Limited.
  • 2016: Sub Division of the Face Value of the Equity Shares from Rs 100 to Rs 10 each.

 

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+1.82%
1 Week
+2.65%
1 Month
+9.30%
3 Month
+20.09%
6 Month
+124.30%
1 Year
+190.32%
2 Year
+369.00%
5 Year
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 23.11 25.27 20.97 8.91 20.09 21.25 20.18 14.87 14.02
Return on Capital Employed (%) 17.17 19.25 17.48 13.26 13.99 15.04 15.61 12.17 13.95
Return on Assets (%) 4.27 4.67 3.86 1.51 3.42 4.34 5.54 4.26 3.82

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 6 9 10 10 12 13 22 27 30
Non Curr. Liab. 10 12 15 18 17 15 20 32 33
Curr. Liab. 14 18 21 27 28 28 27 41 45
Minority Int.
Equity & Liab. 30 39 46 56 56 56 69 99 109
Non Curr. Assets 16 18 21 23 23 25 32 59 63
Curr. Assets 14 21 25 33 33 31 37 40 46
Misc. Exp. not W/O
Total Assets 30 39 46 56 56 56 69 99 109

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 52 70 80 88 89 94 112 125 139
Other Income 0 0 1 0 0 1 0 0 0
Total Income 52 70 81 88 89 95 113 125 139
Total Expenditure -47 -63 -73 -81 -81 -86 -103 -114 -123
PBIDT 5 7 8 7 9 9 10 11 16
Interest -3 -4 -4 -5 -4 -4 -4 -4 -6
Depreciation -1 -1 -1 -2 -2 -2 -2 -2 -4
Taxation -1 -1 -1 0 -1 -1 -1 -1 -2
Exceptional Items 0
PAT 1 2 2 1 2 2 3 4 4

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 6 4 6 5 14 4 6 18 13
Cash Fr. Inv. -5 -3 -4 -3 -4 -4 -7 -30 -8
Cash Fr. Finan. -1 -1 -1 -2 -5 -6 2 11 -5
Net Change 0 0 0 1 5 -5 1 -1 0
Cash & Cash Eqvt 0 1 1 2 5 0 1 0 0

Shareholding Pattern View Details

9 Qtrs 2019-03 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 66.30 66.30 66.30 66.30 66.30 66.30 66.30 71.03 73.03
Public 33.70 33.70 33.70 33.70 33.70 33.70 33.70 28.97 26.97
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 7.43 7.43 7.43 7.43 0.00 0.00 0.00

Announcements View Details

Mon, 12 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- Drishti Thakker
Designation :- Company Secretary and Compliance Officer
Mon, 12 Jul 2021
Shareholding for the Period Ended June 30 2021
Mitsu Chem Plast Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Tue, 29 Jun 2021
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Ameeta Jagdish Dedhia & Others

Technical Scans View Details

Tue, 03 Aug 2021
High Delivery Percentage High Delivery Percentage
Higher Delivery Quantity Higher Delivery Quantity
Higher Delivery Quantity and Percentage Higher Delivery Quantity and Percentage
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity

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