Mitsu Chem Plast Limited Reports 21 Percent Net Profit Growth in Q1 FY26

Mumbai (Maharashtra) [India], August 8: Mitsu Chem Plast Limited (Mitsu, The Company) (BSE:540078), one of the leading global manufacturers of Blow moulded & Injection Moulded products and a specialist in hospital furniture components, Infrastructure Products, Packaging Bottles Drums, Jerrycan, Pails and Caps, has announced its Unaudited Financial Results for Q1 FY26.

Key Financial Highlights

  • Total Income of ₹ 85.40 Cr, YoY growth of 6.23%
  • EBITDA of ₹ 5.01 Cr, YoY growth of 4.06%
  • Net Profit of ₹ 1.31 Cr, YoY growth of 20.57%
  • Net Profit Margin of 1.54%, YoY growth of 18 Bps
  • EPS of ₹ 0.97, YoY growth of 21.25%

Commenting on the performance, Mr. Jagdish Dedhia, Chairman of Mitsu Chem Plast Limited said,“We are delighted to start FY26 on a good note, delivering a 21% year-on-year growth in Net Profit during Q1. This performance reflects our unwavering commitment to operational excellence, innovation, and sustainable value creation for all stakeholders.

Our strategic roadmap to achieve ₹1,000 Cr in annual revenue by 2028 is well on track, supported by focused expansion in our Healthcare Furniture division under the Furnastra brand and scaling up our Packaging Products portfolio.

It is also an honour to be recognized with the prestigious ‘Master of Risk – Manufacturing’ award, reaffirming our robust risk management practices and leadership in manufacturing.

With a dedicated team and a clear vision, we are confident of maintaining this growth momentum and unlocking new opportunities in the quarters ahead.”

Key Operational Highlights

Strategic Growth Roadmap
  • Announced an ambitious plan to achieve ₹ 1,000 Cr in annual revenue by 2028, reinforcing its long-term growth vision.
  • Expanding the Healthcare Furniture division under the Furnastra brand, introducing modern, design-forward solutions for hospitals.
  • Scaling up the Packaging Product Vertical with a strong focus on Pails, Blow Moulded Containers, and Specialized Caps & Closures, enhancing product diversity and market reach.
Prestigious Industry Recognition Honored with the prestigious “Master of Risk – Manufacturing”award in the Small Cap Category at the 11th India Risk Management Awards, organized by CNBC-TV18, recognizing the company’s excellence in manufacturing and strong risk management practices.

If you object to the content of this press release, please notify us at [email protected]. We will respond and rectify the situation within 24 hours.

Business

Hoora Crosses 1,200 Partner Manager Franchises, Targets 2,000 by End of 2026

The company is strengthening its franchise network across 85 cities as it looks to expand access to doorstep auto-care services and create new entrepreneurship opportunities Nagpur (Maharashtra) [India], September 15: Hoora Technologies, a technology-enabled doorstep auto-care company, has crossed the milestone of 1,200 Partner Manager franchises across India and is targeting 2,000 Partner Managers by […]

Read More
air-dried Business cold-extruded dissolving strips fredun medhora fredun pharmaceuticals freeze-dried functional biscuits furlicks oral strips Pet Wellness SKUs USV wellbeing nutrition

Furlicks Goes from 6 to 22 SKUs: Fredun Pharmaceuticals Ltd. Accelerates Pet Wellness Expansion

Mumbai (Maharashtra) [India], September 15: Fredun Pharmaceuticals Limited (FPL) is charting the next phase of growth for Furlicks with a significant phase-wise portfolio expansion following its acquisition of the pet-wellness brand. Over the next 6 -9 months, FPL plans to introduce 16 new products, taking the brand from its existing six-SKU oral-strip portfolio to 22 SKUs in the first phase. Furlicks […]

Read More
API-led aws Business can fin homes collections deposits digital transformation enterprise reporting finance accounts HRMS IBM KPMG loan origination project tejas PwC risk ALM scalable

Can Fin Homes Showcases ‘Project Tejas’, its Rs 296.95-Crore Enterprise Digital Transformation Programme

Bengaluru (Karnataka) [India], September 15: Can Fin Homes Ltd. unveiled Project Tejas, its enterprise-wide digital transformation programme aimed at further advancing the Company’s technology and business capabilities. Project Tejas symbolises a paradigm shift towards a digital future for Can Fin Homes. The acronym ‘TEJAS’ stands for Tech Enhanced Journey for Agility & Scalability. Project Tejas […]

Read More