Mitsu Chem Plast Earnings Call Transcript: Key Takeaways
Q2 revenue rose 3.7% to ₹95.8 Cr while PAT jumped ~224% on a 6.4% margin. The story is profit-led with flat volumes. The ₹1,000 Cr FY28 ambition looks stretched against a ~₹400 Cr run-rate.
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Q2 revenue rose 3.7% to ₹95.8 Cr while PAT jumped ~224% on a 6.4% margin. The story is profit-led with flat volumes. The ₹1,000 Cr FY28 ambition looks stretched against a ~₹400 Cr run-rate.
Mitsu Chem Plast clarified a late disclosure of its auditor's conversion into an LLP. No auditor change occurred, and the company acknowledged the lapse.
Mitsu Chem Plast reported that its statutory auditor, Gokhale & Sathe, converted into Gokhale & Sathe LLP effective 27 August 2026. The engagement and tenure remain unchanged.
Mitsu Chem Plast reported Q2 and H1 FY27 earnings, with H1 net profit up 364.6% YoY to Rs 1,484.3 lakhs. EBITDA margin expanded 821 bps to 14.3%.
H1FY27 revenue Rs 19,095 Lakhs (+7% YoY), EBITDA Rs 2,738 Lakhs at 14% margin, PAT Rs 1,484 Lakhs (+365%). Strategy shifts toward hospital furniture and IBC.
Mitsu Chem Plast Ltd reported revenue from operations of ₹95.8 Cr (+3.7% YoY) and net profit of ₹6.1 Cr (+221.1% YoY) for Q2 FY27.
Mitsu Chem Plast will hold a board meeting on 31 October 2026 to consider unaudited results for the quarter and half year ended September 2026. The trading window stays closed until 48 hours after results are announced.
Mitsu Chem Plast disclosed the resignation of Haresh Sanghvi as its Secretarial Auditor, effective October 26, 2026. No material reason or adverse remark was cited.
Mitsu Chem Plast allotted 10 lakh fully convertible warrants at Rs. 151 each, aggregating to Rs. 15.10 Crore. These warrants are convertible into equity shares.
Mitsu Chem Plast Ltd received BSE's in-principle approval to issue 10,00,000 warrants at ₹151 each. This marks a key step in the proposed preferential issue.
Ms. Gargi Sawant has resigned as Company Secretary and Compliance Officer of Mitsu Chem Plast Ltd, effective from the close of business hours on September 09, 2026.
Mitsu Chem Plast held an EGM on September 09, 2026, to discuss the issuance of 10,00,000 warrants and the appointment of an Independent Director.
Mitsu Chem Plast Limited is adding 600 MT/Year to its existing manufacturing capacity. This expansion strengthens its production capabilities to meet demand in industrial packaging and healthcare segments.
Mitsu Chem Plast Ltd is adding 600 MT/Year to its existing capacity, requiring an investment of approximately ₹1.07 Crore for new machinery.
Mitsu Chem Plast Ltd issued a corrigendum to its EGM notice, adding details regarding a Practicing Company Secretary's certificate for the proposed preferential issue.
Mitsu Chem Plast reported strong Q1 FY27 results with significant profitability expansion, driven by operational efficiencies and improved product mix. The company is targeting INR 1,000 crores revenue by FY28.
Mitsu Chem Plast Ltd has scheduled an Extra Ordinary General Meeting (EGM) on September 9, 2026. Remote e-voting is available from September 5 to September 8, 2026.
Mitsu Chem Plast announced an EGM to be held on September 9, 2026. The agenda includes a preferential issue of 10,00,000 warrants worth Rs. 15.1 Crore.
Mitsu Chem Plast reported Q1 FY27 results with 11.62% income growth and 566% profit surge. The company also announced a proposed preferential issue of 10 lakh warrants.
Mitsu Chem Plast reported Q1 FY27 revenue of ₹95.15 Cr and PAT of ₹8.74 Cr. Strategy focuses on expanding the 'Furnastra' healthcare brand and scaling packaging solutions.
Mitsu Chem Plast Ltd approved a preferential issue of 10 lakh convertible warrants for Rs. 15.10 Crore. The issue targets three specific investors.
Mitsu Chem Plast Limited appointed Ms. Drishti Thakker as an Additional Non-Executive Independent Director and re-appointed InCorp Advisory Services Private Limited as Internal Auditor.
Mitsu Chem Plast Ltd reported revenue from operations of ₹95.1 Cr (+11.5% YoY) and net profit of ₹8.7 Cr (+569.2% YoY) for Q1 FY27.
Mitsu Chem Plast announced a 3,550 MT/Year expansion to its existing manufacturing capacity to support long-term growth. The expansion aims to enhance product capabilities for OEM customers.
Mitsu Chem Plast Ltd has scheduled a board meeting for August 14, 2026, to discuss unaudited financial results and a potential fund-raising proposal.
Mitsu Chem Plast Ltd announced a capacity addition of 3,550 MT/Year to its existing operations. The expansion involves an investment of ₹1.94 Crore for machinery purchase.
Mitsu Chem Plast Ltd held its 38th Annual General Meeting on July 31, 2026. Shareholders considered financial statements, dividend declarations, and director appointments.
Routine quarterly shareholding pattern disclosure for the quarter ended June 30, 2026, as required by SEBI regulations.
Mitsu Chem Plast convened its 38th AGM for July 31, 2026. Key resolutions include increasing borrowing limits to Rs. 500 Crore and various leadership reappointments.
Mitsu Chem Plast Limited submitted its Business Responsibility and Sustainability Report for FY 2025-26. The report includes disclosures on ESG performance and GRI reporting standards.