Reported Earnings • May 05
Full year 2026 earnings released Full year 2026 results: Revenue: ₹3.51b (up 5.4% from FY 2025). Net income: ₹156.2m (up 115% from FY 2025). Profit margin: 4.5% (up from 2.2% in FY 2025). The increase in margin was driven by higher revenue. New Risk • May 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Earnings have declined by 6.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (₹1.92b market cap, or US$20.2m). Valuation Update With 7 Day Price Move • May 04
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to ₹134, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 23x in the Chemicals industry in India. Total loss to shareholders of 27% over the past three years. 공시 • May 03
Mitsu Chem Plast Limited Recommends Final Dividend for the Year Ended March 31, 2026 Mitsu Chem Plast Limited at its board meeting held on May 02, 2026 recommended a final dividend of 2% i.e. INR 0.20/- per equity share on face value of INR 10/- each for the financial year ended March 31, 2026, subject To Approve the shareholders in the forthcoming Annual General Meeting of the Company. 공시 • Apr 24
Mitsu Chem Plast Limited to Report Q4, 2026 Results on May 02, 2026 Mitsu Chem Plast Limited announced that they will report Q4, 2026 results at 3:30 PM, Indian Standard Time on May 02, 2026 Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹95.16, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 20x in the Chemicals industry in India. Total loss to shareholders of 40% over the past three years. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹118, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 23x in the Chemicals industry in India. Total loss to shareholders of 40% over the past three years. New Risk • Feb 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Earnings have declined by 6.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (₹1.53b market cap, or US$16.7m). Reported Earnings • Jan 31
Third quarter 2026 earnings released: EPS: ₹3.47 (vs ₹1.09 in 3Q 2025) Third quarter 2026 results: EPS: ₹3.47 (up from ₹1.09 in 3Q 2025). Revenue: ₹860.9m (up 7.0% from 3Q 2025). Net income: ₹47.1m (up 217% from 3Q 2025). Profit margin: 5.5% (up from 1.8% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings. 공시 • Jan 21
Mitsu Chem Plast Limited to Report Q3, 2026 Results on Jan 30, 2026 Mitsu Chem Plast Limited announced that they will report Q3, 2026 results on Jan 30, 2026 Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹116, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 25x in the Chemicals industry in India. Total loss to shareholders of 48% over the past three years. 공시 • Oct 29
Mitsu Chem Plast Limited to Report Q2, 2026 Results on Nov 06, 2025 Mitsu Chem Plast Limited announced that they will report Q2, 2026 results on Nov 06, 2025 Valuation Update With 7 Day Price Move • Aug 20
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹113, the stock trades at a trailing P/E ratio of 21.7x. Average trailing P/E is 27x in the Chemicals industry in India. Total loss to shareholders of 59% over the past three years. Declared Dividend • Aug 13
Dividend of ₹0.20 announced Dividend of ₹0.20 is the same as last year. Ex-date: 28th August 2025 Payment date: 3rd October 2025 Dividend yield will be 0.2%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is well covered by both earnings (4% earnings payout ratio) and cash flows (4% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 8 years and payments have been stable during that time. Earnings per share has grown by 4.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. 공시 • Aug 11
Mitsu Chem Plast Limited, Annual General Meeting, Sep 04, 2025 Mitsu Chem Plast Limited, Annual General Meeting, Sep 04, 2025, at 16:00 Indian Standard Time. Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: ₹0.97 (vs ₹0.81 in 1Q 2025) First quarter 2026 results: EPS: ₹0.97 (up from ₹0.81 in 1Q 2025). Revenue: ₹854.0m (up 6.6% from 1Q 2025). Net income: ₹13.1m (up 21% from 1Q 2025). Profit margin: 1.5% (up from 1.4% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year whereas the company’s share price has fallen by 29% per year. 공시 • Aug 07
Mitsu Chem Plast Limited Approves Appointment of Ms. Gargi Sawant as the Company Secretary & Compliance Officer, Effective August 07, 2025 Mitsu Chem Plast Limited approved appointment of Ms. Gargi Sawant, a qualified Company Secretary (Membership No. A40804), as the Company Secretary & Compliance Officer designated as Key Managerial Personnel of the Company effective August 07, 2025. Ms. Gargi Sawant is an associate member of the Institute of Company Secretaries of India (ICSI). She is a graduate in Law and Commerce from Mumbai University. She has more than 8 years' experience in corporate secretarial and compliance functions. She is a seasoned corporate professional with a distinguished career at listed entities. 공시 • Jul 30
Mitsu Chem Plast Limited to Report Q1, 2026 Results on Aug 07, 2025 Mitsu Chem Plast Limited announced that they will report Q1, 2026 results on Aug 07, 2025 New Risk • Jul 15
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (₹1.69b market cap, or US$19.7m). Reported Earnings • May 10
Full year 2025 earnings released: EPS: ₹5.39 (vs ₹7.12 in FY 2024) Full year 2025 results: EPS: ₹5.39 (down from ₹7.12 in FY 2024). Revenue: ₹3.33b (up 6.9% from FY 2024). Net income: ₹72.5m (down 18% from FY 2024). Profit margin: 2.2% (down from 2.8% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year whereas the company’s share price has fallen by 28% per year. 공시 • May 09
Mitsu Chem Plast Limited Recommends Final Dividend for the Financial Year Ended March 31, 2025 Mitsu Chem Plast Limited announced at the board meeting held on May 8, 2025, Recommended a final dividend of 2%, that is INR 0.20 per equity share on face value of INR 10 each for the financial year ended March 31, 2025, subject To Approve the shareholders in the forthcoming Annual General Meeting of the Company. 공시 • May 02
Mitsu Chem Plast Limited to Report Q4, 2025 Results on May 08, 2025 Mitsu Chem Plast Limited announced that they will report Q4, 2025 results on May 08, 2025 Buy Or Sell Opportunity • May 02
Now 21% overvalued Over the last 90 days, the stock has fallen 7.5% to ₹99.20. The fair value is estimated to be ₹81.75, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has declined by 19%. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹101, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 25x in the Chemicals industry in India. Total loss to shareholders of 63% over the past three years. Buy Or Sell Opportunity • Apr 02
Now 24% overvalued Over the last 90 days, the stock has fallen 14% to ₹97.79. The fair value is estimated to be ₹78.56, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has declined by 19%. 공시 • Mar 14
Mitsu Chem Plast Limited Approves Appointment of Swechha Gajanan Shende as Company Secretary and Compliance Officer Mitsu Chem Plast Limited informed that the Board of Directors of the Company at its meeting held on 11th March, 2025 has approved appointment of Ms. Swechha Gajanan Shende, a qualified Company Secretary (Membership No. A31735) as the Company Secretary & Compliance Officer designated as Key Managerial Personnel of the Company with effect from 11th March, 2025. Brief profile: Ms. Swechha Gajanan Shende is an associate member of the Institute of Company Secretaries of India (ICSI). She is a graduate in Law and Commerce from Mumbai University. She has more than 7 years' experience in corporate secretarial and compliance functions. She is a seasoned corporate professional with a distinguished career at listed entities. Buy Or Sell Opportunity • Mar 03
Now 21% overvalued Over the last 90 days, the stock has fallen 23% to ₹95.39. The fair value is estimated to be ₹78.76, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has declined by 19%. New Risk • Feb 08
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.0% Last year net profit margin: 3.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Profit margins are more than 30% lower than last year (2.0% net profit margin). Market cap is less than US$100m (₹1.40b market cap, or US$15.9m). Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: ₹1.09 (vs ₹2.64 in 3Q 2024) Third quarter 2025 results: EPS: ₹1.09 (down from ₹2.64 in 3Q 2024). Revenue: ₹805.2m (up 9.6% from 3Q 2024). Net income: ₹14.8m (down 53% from 3Q 2024). Profit margin: 1.8% (down from 4.3% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings. 공시 • Jan 31
Mitsu Chem Plast Limited to Report Q3, 2025 Results on Feb 07, 2025 Mitsu Chem Plast Limited announced that they will report Q3, 2025 results on Feb 07, 2025 공시 • Nov 28
Mitsu Chem Plast Limited Announces Resignation of Ankita Bhanushali as the Company Secretary and Compliance officer, Effective December 13, 2024 Mitsu Chem Plast Limited announced resignation of Ms. Ankita Bhanushali as the Company Secretary and Compliance officer of the Company for growth opportunities. The Company has accepted her resignation and she shall cease to be the Company Secretary and Compliance Officer with effect from close of working hours of December 13, 2024. Reported Earnings • Oct 31
Second quarter 2025 earnings released: EPS: ₹0.84 (vs ₹1.24 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.84 (down from ₹1.24 in 2Q 2024). Revenue: ₹814.6m (up 7.5% from 2Q 2024). Net income: ₹11.4m (down 24% from 2Q 2024). Profit margin: 1.4% (down from 2.0% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings. 공시 • Oct 21
Mitsu Chem Plast Limited to Report Q2, 2025 Results on Oct 29, 2024 Mitsu Chem Plast Limited announced that they will report Q2, 2025 results on Oct 29, 2024 Upcoming Dividend • Aug 13
Upcoming dividend of ₹0.20 per share Eligible shareholders must have bought the stock before 20 August 2024. Payment date: 26 August 2024. Payout ratio is a comfortable 2.8% but the company is not cash flow positive. Trailing yield: 0.1%. Lower than top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (0.6%). Reported Earnings • Aug 06
Full year 2024 earnings released: EPS: ₹7.12 (vs ₹9.78 in FY 2023) Full year 2024 results: EPS: ₹7.12 (down from ₹9.78 in FY 2023). Revenue: ₹3.11b (flat on FY 2023). Net income: ₹88.6m (down 25% from FY 2023). Profit margin: 2.8% (down from 3.8% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. 공시 • Jul 31
Mitsu Chem Plast Limited to Report Q1, 2025 Results on Aug 09, 2024 Mitsu Chem Plast Limited announced that they will report Q1, 2025 results on Aug 09, 2024 공시 • Jul 26
Mitsu Chem Plast Limited, Annual General Meeting, Aug 27, 2024 Mitsu Chem Plast Limited, Annual General Meeting, Aug 27, 2024, at 16:00 Indian Standard Time. Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Hasmukh Dedhia was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 18
Full year 2024 earnings released: EPS: ₹7.12 (vs ₹9.78 in FY 2023) Full year 2024 results: EPS: ₹7.12 (down from ₹9.78 in FY 2023). Revenue: ₹3.12b (up 1.1% from FY 2023). Net income: ₹88.6m (down 25% from FY 2023). Profit margin: 2.8% (down from 3.8% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. 공시 • May 09
Mitsu Chem Plast Limited to Report Q4, 2024 Results on May 16, 2024 Mitsu Chem Plast Limited announced that they will report Q4, 2024 results on May 16, 2024 New Risk • Apr 07
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (₹2.32b market cap, or US$27.8m). Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹175, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 29x in the Chemicals industry in India. Total returns to shareholders of 58% over the past three years. Reported Earnings • Feb 04
Third quarter 2024 earnings released: EPS: ₹2.64 (vs ₹1.50 in 3Q 2023) Third quarter 2024 results: EPS: ₹2.64 (up from ₹1.50 in 3Q 2023). Revenue: ₹737.4m (up 2.9% from 3Q 2023). Net income: ₹31.8m (up 76% from 3Q 2023). Profit margin: 4.3% (up from 2.5% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. 공시 • Jan 24
Mitsu Chem Plast Limited to Report Q3, 2024 Results on Feb 03, 2024 Mitsu Chem Plast Limited announced that they will report Q3, 2024 results on Feb 03, 2024 Reported Earnings • Nov 01
Second quarter 2024 earnings released: EPS: ₹1.24 (vs ₹1.27 in 2Q 2023) Second quarter 2024 results: EPS: ₹1.24 (down from ₹1.27 in 2Q 2023). Revenue: ₹760.1m (up 9.2% from 2Q 2023). Net income: ₹15.0m (down 2.5% from 2Q 2023). Profit margin: 2.0% (down from 2.2% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. 공시 • Sep 16
Mitsu Chem Plast Limited Approves Declaration of Dividend Mitsu Chem Plast Limited at its AGM held on 14 September 2023 approved Declaration of Dividend of INR 0.20/- per Equity Share of INR 10/- each. Upcoming Dividend • Aug 31
Upcoming dividend of ₹0.20 per share at 0.1% yield Eligible shareholders must have bought the stock before 07 September 2023. Payment date: 13 October 2023. Payout ratio is a comfortable 2.0% but the company is not cash flow positive. Trailing yield: 0.1%. Lower than top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (0.8%). 공시 • Aug 19
Mitsu Chem Plast Limited Proposes Dividend for the Financial Year Ended March 31, 2023 Mitsu Chem Plast Limited announced that at the AGM to be held on September 14, 2023, the company proposed dividend of INR 0.20/- (Twenty paise only) per equity share of INR 10/- (Ten rupees) each fully paid-up of the company, as recommended by the Board of Directors, be and is hereby declared for the financial year ended March 31, 2023. New Risk • Aug 08
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.3x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Profit margins are more than 30% lower than last year (2.6% net profit margin). Market cap is less than US$100m (₹2.12b market cap, or US$25.6m). 공시 • Aug 08
Mitsu Chem Plast Limited, Annual General Meeting, Sep 14, 2023 Mitsu Chem Plast Limited, Annual General Meeting, Sep 14, 2023, at 16:00 Indian Standard Time. Reported Earnings • Aug 08
First quarter 2024 earnings released: EPS: ₹1.12 (vs ₹4.27 in 1Q 2023) First quarter 2024 results: EPS: ₹1.12 (down from ₹4.27 in 1Q 2023). Revenue: ₹799.9m (down 5.4% from 1Q 2023). Net income: ₹13.5m (down 74% from 1Q 2023). Profit margin: 1.7% (down from 6.1% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. 공시 • Jul 29
Mitsu Chem Plast Limited to Report Q1, 2024 Results on Aug 07, 2023 Mitsu Chem Plast Limited announced that they will report Q1, 2024 results on Aug 07, 2023 Reported Earnings • May 20
Full year 2023 earnings released: EPS: ₹9.78 (vs ₹9.53 in FY 2022) Full year 2023 results: EPS: ₹9.78 (up from ₹9.53 in FY 2022). Revenue: ₹3.09b (up 20% from FY 2022). Net income: ₹118.0m (up 2.6% from FY 2022). Profit margin: 3.8% (down from 4.5% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. 공시 • May 06
Mitsu Chem Plast Limited to Report Q4, 2023 Results on May 15, 2023 Mitsu Chem Plast Limited announced that they will report Q4, 2023 results at 3:30 PM, Indian Standard Time on May 15, 2023 Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹193, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 177% over the past three years. Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: ₹1.50 (vs ₹1.70 in 3Q 2022) Third quarter 2023 results: EPS: ₹1.50 (down from ₹1.70 in 3Q 2022). Revenue: ₹716.4m (up 7.9% from 3Q 2022). Net income: ₹18.1m (down 12% from 3Q 2022). Profit margin: 2.5% (down from 3.1% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 38% per year. 공시 • Feb 01
Mitsu Chem Plast Limited to Report Q3, 2022 Results on Feb 09, 2023 Mitsu Chem Plast Limited announced that they will report Q3, 2022 results on Feb 09, 2023 Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹196, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 135% over the past three years. 공시 • Nov 11
Mitsu Chem Plast Limited Considers and Approves Appointment of Ms. Ankita Bhanushali as Company Secretary and Compliance Officer of the Company with Effect from November 10, 2022 Mitsu Chem Plast Limited considered and approved appointment of Ms. Ankita Bhanushali as Company Secretary and Compliance Officer of the Company with effect from November 10, 2022. Ms. Ankita Bhanushali is an Associate member of the Institute of Company Secretaries of India (ICSI) with over 6.5 years of experience in areas of Corporate Governance and Due diligence, and in-depth knowledge of secretarial functions. 공시 • Nov 03
Mitsu Chem Plast Limited to Report Q2, 2023 Results on Nov 10, 2022 Mitsu Chem Plast Limited announced that they will report Q2, 2023 results on Nov 10, 2022 공시 • Nov 01
Mitsu Chem Plast Limited Announces Board Changes Mitsu Chem Plast Limited announced that Ms. Drishti Thakker has tendered her resignation from the post of Company Secretary and Compliance Officer of the Company for growth opportunities with immediate effect. The Company has accepted her resignation and she shall cease to be the Company Secretary and Compliance Officer w.e.f. close of working hours of October 31, 2022. Further, during the Interim period, Mr. Manish Dedhia, Managing Director & CFO, is appointed as Interim Compliance Officer of the Company with immediate effect post the resignation of Compliance Officer, till such time the Board appoints the Company Secretary and Compliance Officer of the Company. 공시 • Oct 08
Mitsu Chem Plast Limited Announces New Product Launch Mitsu Chem Plast Limited announced launch of new product to drive future growth. The Company is diversifying it's portfolio by launching a new product viz. Pail Containers to cater to the lubricant, paints, ink, Food (FMCG) industry. The Pail Containers is proposed to be launched in the domestic market to meet the rising demand from the user industry. Upcoming Dividend • Sep 05
Upcoming dividend of ₹0.20 per share Eligible shareholders must have bought the stock before 12 September 2022. Payment date: 20 October 2022. Payout ratio is a comfortable 1.9% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of Indian dividend payers (1.6%). Lower than average of industry peers (0.7%). 공시 • Aug 23
Mitsu Chem Plast Limited, Annual General Meeting, Sep 20, 2022 Mitsu Chem Plast Limited, Annual General Meeting, Sep 20, 2022, at 16:00 Indian Standard Time. 공시 • Aug 12
Mitsu Chem Plast Limited Provides Business Update, Enters New Product- Pails for Packaging Mitsu Chem Plast Limited announced that the Company intends to diversify the product portfolio by entering into new product viz. pails to cater to lubricant, paints, ink and the food (FMCG) industry. Reported Earnings • Aug 11
First quarter 2023 earnings released: EPS: ₹4.27 (vs ₹3.06 in 1Q 2022) First quarter 2023 results: EPS: ₹4.27 (up from ₹3.06 in 1Q 2022). Revenue: ₹846.9m (up 42% from 1Q 2022). Net income: ₹51.6m (up 40% from 1Q 2022). Profit margin: 6.1% (down from 6.2% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has increased by 82% per year, which means it is tracking significantly ahead of earnings growth. 공시 • Aug 03
Mitsu Chem Plast Limited to Report Q1, 2023 Results on Aug 09, 2022 Mitsu Chem Plast Limited announced that they will report Q1, 2023 results on Aug 09, 2022 Reported Earnings • May 02
Full year 2022 earnings released: EPS: ₹9.53 (vs ₹8.03 in FY 2021) Full year 2022 results: EPS: ₹9.53 (up from ₹8.03 in FY 2021). Revenue: ₹2.59b (up 45% from FY 2021). Net income: ₹115.0m (up 19% from FY 2021). Profit margin: 4.4% (down from 5.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has increased by 78% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹240, the stock trades at a trailing P/E ratio of 27.8x. Average trailing P/E is 18x in the Chemicals industry in India. Total returns to shareholders of 319% over the past three years. Reported Earnings • Feb 02
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹1.70 (down from ₹2.06 in 3Q 2021). Revenue: ₹665.0m (up 36% from 3Q 2021). Net income: ₹20.5m (down 18% from 3Q 2021). Profit margin: 3.1% (down from 5.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth. 공시 • Feb 02
Mitsu Chem Plast Limited to Report Q3, 2022 Results on Feb 01, 2022 Mitsu Chem Plast Limited announced that they will report Q3, 2022 results on Feb 01, 2022 Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment improved over the past week After last week's 17% share price gain to ₹295, the stock trades at a trailing P/E ratio of 32.9x. Average trailing P/E is 17x in the Chemicals industry in India. Total returns to shareholders of 509% over the past three years. Reported Earnings • Nov 06
Second quarter 2022 earnings released: EPS ₹2.03 (vs ₹2.64 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: ₹578.8m (up 29% from 2Q 2021). Net income: ₹24.6m (down 23% from 2Q 2021). Profit margin: 4.2% (down from 7.1% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has increased by 76% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 22
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹268, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 489% over the past three years. Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment improved over the past week After last week's 21% share price gain to ₹340, the stock trades at a trailing P/E ratio of 35.5x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 634% over the past three years. Upcoming Dividend • Sep 01
Upcoming dividend of ₹0.20 per share Eligible shareholders must have bought the stock before 08 September 2021. Payment date: 15 October 2021. Trailing yield: 0.1%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (0.7%). Reported Earnings • Aug 18
First quarter 2022 earnings released: EPS ₹3.06 (vs ₹1.50 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹597.9m (up 84% from 1Q 2021). Net income: ₹36.9m (up 104% from 1Q 2021). Profit margin: 6.2% (up from 5.5% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jun 01
Full year 2021 earnings released: EPS ₹8.02 (vs ₹3.29 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹1.79b (up 30% from FY 2020). Net income: ₹96.9m (up 144% from FY 2020). Profit margin: 5.4% (up from 2.9% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth. 공시 • May 29
Mitsu Chem Plast Limited Recommends Final Dividend for the Financial Year Ended March 31, 2021 Mitsu Chem Plast Limited at its board meeting held on May 27, 2021 recommended a final dividend of 2% i.e. INR 0.2 per equity share on face value of INR 10 each for the financial year ended March 31, 2021, subject To Approve the shareholders in the forthcoming Annual General Meeting of the company. Valuation Update With 7 Day Price Move • Apr 19
Investor sentiment improved over the past week After last week's 16% share price gain to ₹136, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 18x in the Chemicals industry in India. Total returns to shareholders of 153% over the past three years. Is New 90 Day High Low • Feb 15
New 90-day low: ₹109 The company is down 7.0% from its price of ₹117 on 17 November 2020. The Indian market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 16% over the same period. Reported Earnings • Feb 03
Third quarter 2021 earnings released: EPS ₹2.06 (vs ₹0.83 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹490.7m (up 35% from 3Q 2020). Net income: ₹24.9m (up 149% from 3Q 2020). Profit margin: 5.1% (up from 2.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 30% per year. Is New 90 Day High Low • Nov 19
New 90-day high: ₹122 The company is up 24% from its price of ₹98.10 on 21 August 2020. The Indian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 10.0% over the same period. 공시 • Nov 03
Mitsu Chem Plast Limited to Report Q2, 2021 Results on Nov 05, 2020 Mitsu Chem Plast Limited announced that they will report Q2, 2021 results on Nov 05, 2020 Is New 90 Day High Low • Oct 28
New 90-day high: ₹117 The company is up 31% from its price of ₹89.40 on 30 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 13% over the same period. Is New 90 Day High Low • Oct 08
New 90-day high: ₹103 The company is up 35% from its price of ₹76.25 on 10 July 2020. The Indian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 15% over the same period.