Mitsu Chem Plast Ltd
MITMitsu Chem Plast Ltd is coiled. The quarters are improving, yet the P/E sits at the 11th percentile of its own 10-year range — the business is moving before the market.
The sharpest disagreement: annual EPS moved +115.4% against a −1.6% price move — the market has not yet caught up with the delivery.
The price is building a base (3 weeks in) while the P/E sits at the 11th percentile of its own 10-year range. Underneath, the last four quarters read improving — profit +567.2% year on year, and 178% of the last 3 years' profit arrived as cash. What settles it: whether the price catches up with earnings that have already moved.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Mitsu Chem Plast Ltd trades at ₹98.0, building a base and 3 weeks into that stage. That is −9.0% against its own 200-day average. It sits at 36% of a 52-week range of ₹84 to ₹122. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 10 straight weeks.
Today the stock is building a base — week 3 of stage 1, confirmed. At ₹98.0 it trades −9.0% versus its 200-day average and sits at 36% of its 52-week range (₹84–₹122).
Against the market, two honest reads. Cumulative: over the last 9.5 years the stock moved +214% while the NIFTY 500 moved +202% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 10 straight weeks — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Mitsu Chem Plast Ltd trades at 10.7× P/E, near the bottom of its own range — cheaper only 11% of the time. Its long-run median P/E is 22.3×, measured across 9.9 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 10.7× is near the bottom of its own range — cheaper only 11% of the time, against a long-run median of 22.3× measured over 9.9 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
Why the multiple sits where it does: over the past year annual EPS moved +115.4% against a −1.6% price move — earnings outran the price, pushing the multiple DOWN its own range.
The price move, decomposed: over 5y, of the −2.1%/yr price move, ~+14.9%/yr came from earnings growth and ~−17.0 pp from the multiple (compressing). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is low against its own past, so the story rests on the earnings line underneath it, not the multiple.
What the price assumes This reading works the multiple backwards. It asks one question: what yearly rate of profit growth is a buyer at the market price already paying for? The number is the growth rate that makes eleven years of profit — six years growing, then five fading — add up to that day's market price, once each year is discounted at 11% a year.
At its price on 13 June 2026, Mitsu Chem Plast Ltd was priced for profit growth of about 3.9% a year. Profit itself has compounded 23.1% a year over the past 10 years. The market pays that at 10.7× P/E, the 11th percentile of its own 10-year range.
What the two numbers say together. The multiple is low against its own past, and the growth the price is paying for is below what this company has actually delivered. Both readings sit on the same earnings, so they are one reading rather than two.
How to hold this number: it is a reading of one day's price, taken on 13 June 2026, not a running figure. A higher price is paying for more growth and a lower price for less, so it moves whenever the price does, and this page does not restate it between measurements. Every other number on this page is read off the live quote.
Stage: Turning around Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Mitsu Chem Plast Ltd reads as turning around on its fundamental arc. Turning around — EPS growth swung from −18.0% at the trough to +208.7%, a 5-quarter improving streak, ROCE holding at 16.0%. The read is built from 8 quarters across 4 curves, on partial evidence.
Why it matters: growth inflections are where re-ratings start — the curves say a turn is forming, so the question becomes whether the next quarters confirm it.
The latest quarter’s profit carries a one-off item larger than the operating base, so the profit curve is shown but does not vote in the stage call.
Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.
A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +5.4% | +4.2% | +14.5% | +14.7% |
| Profit | +128.6% | +10.1% | +9.9% | +23.1% |
| EPS | +115.4% | +9.8% | +10.1% | −9.7% |
| Share price | −1.6% | −17.1% | −2.1% | — |
4-Factor Sector Score
66.2/100 — rank 1 of 1 in Plastics · 73% evidence confidence
Mitsu Chem Plast Ltd scores 66.2 out of 100 against the 1 companies it is compared with in Plastics, ranking 1. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
The four contributions add to the total exactly: 29.7 + 16.4 + 12.6 + 7.5 = 66.2. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Mitsu Chem Plast Ltd reported ₹95.2 Cr of revenue in the Jun 26 quarter, +11.6% year on year. Over 10 years it has compounded at 14.7% a year. The last full year, FY26, came in at ₹350 Cr. The last four reported quarters add to ₹360 Cr.
FY26 revenue came in at ₹350 Cr (+5.4% on the year), capping 10 years at 14.7% compound. The latest quarter (Jun 26) printed ₹95.2 Cr, +11.6% year on year.
Pace check: the last four quarters averaged +7.0% growth against the decade's 14.7% — the current year is running slower than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +6.7% over the last 4 quarters against +7.5%/yr over the last 8 — stabilising; TTM profit +208.6% vs +63.7%/yr — accelerating.
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Mitsu Chem Plast Ltd's operating margin is 16.3% in the Jun 26 quarter, +10.4 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 7.0% to 13.0%. The current quarter is running above every full year in that window.
The latest quarter's operating margin is 16.3%, +10.4 pp against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 7.0%–13.0%.
Why the margin moved: operating margin went +10.4 pp year on year while gross margin went +4.2 pp — the gain came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Mitsu Chem Plast Ltd earned ₹8.7 Cr of net profit in the Jun 26 quarter, +567.2% year on year. It is the 6th consecutive quarter of growth. Full-year FY26 profit was ₹16.0 Cr. The 10-year compound rate is 23.1%. That is 9.2% of the quarter's revenue. The same quarter a year earlier earned ₹1.3 Cr.
Jun 26 profit was ₹8.7 Cr, +567.2% year on year — the 6th consecutive quarter of growth. On the full year, FY26 printed ₹16.0 Cr (+128.6%), and the 10-year compound rate is 23.1%.
Why profit moved: revenue contributed +11.6% and the margin +10.4 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.
Pace comparison, last four quarters: profit +242.1% vs revenue +7.0%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 178% of Mitsu Chem Plast Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹33.0 Cr of operating cash against ₹16.0 Cr of profit. After ₹18.0 Cr of capital spending, ₹15.0 Cr was left as free cash.
FY26: operating cash of ₹33.0 Cr against reported profit of ₹16.0 Cr, leaving free cash of ₹15.0 Cr after ₹18.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 178% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
Why conversion sits at 178%: the cash cycle held roughly steady between FY21 and FY26 — so conversion tracks profitability rather than the cycle.
Router verdict: the bigger cash user is investment — capital spending ran 2.0× depreciation over three years, so the next section's job is to check what that build-out is buying.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Mitsu Chem Plast Ltd's cash conversion cycle runs 97 days in FY26, down from 106 days in FY21. Capital spending ran ₹41.0 Cr over the last 3 years. At FY26 sales of ₹350 Cr each day of that cycle holds about ₹1.0 Cr, so roughly ₹93.0 Cr sits inside the business at any moment.
FY26: debtors at 61 days, inventory at 83 days — roughly 2.7 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 97 days, tighter than FY21's 106.
The full loop: cash goes out to suppliers and production on day 0; stock waits 83 days to sell; customers pay about 61 days after that; and suppliers themselves are paid at 47 days — netting out to the 97-day cycle.
In money terms: at FY26 sales of ₹350 Cr, each day of the cycle holds about ₹1.0 Cr — so the 97-day loop keeps roughly ₹93.0 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹41.0 Cr over the last 3 fiscal years against ₹21.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹1.0 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
Mitsu Chem Plast Ltd earns a ROCE of 16% in FY26. That is up from a trough of 10% in FY25. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 4.6% net margin on 1.61× asset turns.
FY26 ROCE is 16%, recovered from a FY25 trough of 10% — the full ladder below shows the fall and the climb, undoctored.
Why the return is what it is — the wiring (FY26): 4.6% net margin × 1.61× asset turns × 1.93× balance-sheet leverage ≈ 14.3% on equity. Margin does its share; leverage is a meaningful part of the equation.
Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.
Mitsu Chem Plast Ltd carries ₹64.0 Cr of borrowings against ₹113 Cr of equity in FY26, a debt-to-equity of 0.57. Operating profit covers the interest bill 6×. Over 5 years borrowings went from ₹64.0 Cr to ₹64.0 Cr. Capital spending ran ₹41.0 Cr across the last 3 of those years.
FY26: borrowings of ₹64.0 Cr against equity of ₹113 Cr — a debt-to-equity of 0.57. Operating profit covers the interest bill 6×. Over 5 years borrowings went from ₹64.0 Cr to ₹64.0 Cr while capital spending ran ₹41.0 Cr in just the last 3 — the build-out is being paid for out of cash, not debt.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
No holder of Mitsu Chem Plast Ltd moved a full percentage point over the last two years — the register is quiet. Domestic institutions moved +0.0 points over the same window, to 0.0%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Promoters: +0.0 points over 8 quarters to 67.8%; Domestic institutions: +0.0 points over 8 quarters to 0.0%.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Mitsu Chem Plast Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Mitsu Chem Plast Ltdthis pageMIT | 66.2/100Favorable setup73% evidence | BREAKING OUT | 29.7/35 Revenue 6.7% · PAT 100% · OPM change 10.4 pp 95% evidence | 16.4/25 ROCE 16.3% · OPM 16.3% 76% evidence | 12.6/20 P/E 10.7× · PEG — 35% evidence | 7.5/20 RS sector 0% · RS bench -5.4% · 1Y -7.3%8 of 12 weeks ahead 70% evidence |
| Exact sum: 29.7 + 16.4 + 12.6 + 7.5 = 66.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Frequently asked questions
What is Mitsu Chem Plast Ltd's share price today?
Mitsu Chem Plast Ltd trades at ₹98.0, −1.6% over the past year. The company is valued at ₹248 Cr. The stock sits at 36% of its 52-week range of ₹84–₹122, −9.0% versus its 200-day average. On the tape, the price is building a base, 3 weeks in. — as of 18 August 2026.
What were Mitsu Chem Plast Ltd's latest quarterly results?
Mitsu Chem Plast Ltd reported revenue of ₹95.2 Cr and net profit of ₹8.7 Cr for the Jun 26 quarter. Revenue rose 11.6% and profit rose 567.2% year on year. Earnings per share were ₹6.44. The operating margin was 16.3%, 10.4 pp higher than a year earlier. — as of 18 August 2026.
What is Mitsu Chem Plast Ltd's revenue?
Mitsu Chem Plast Ltd reported revenue of ₹95.2 Cr in the Jun 26 quarter, +11.6% year on year. For the full FY26 fiscal year, revenue was ₹350 Cr (+5.4%). Over the last 10 years revenue compounded at 14.7% a year. — as of 18 August 2026.
What is Mitsu Chem Plast Ltd's profit?
Mitsu Chem Plast Ltd earned ₹8.7 Cr of net profit in the Jun 26 quarter, +567.2% year on year — the 6th straight quarter of growth. Full-year FY26 profit was ₹16.0 Cr. The operating margin ran 16.3% in the latest quarter. — as of 18 August 2026.
What is Mitsu Chem Plast Ltd's market cap?
Mitsu Chem Plast Ltd's market capitalisation is ₹248 Cr at a share price of ₹98.0. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 18 August 2026.
What is Mitsu Chem Plast Ltd's P/E ratio?
Mitsu Chem Plast Ltd trades at a P/E of 10.7×, at the 11th percentile of its own 10-year range, against a long-run median of 22.3×. This is a comparison with the stock's own history, not a value call — as of 18 August 2026.
Does Mitsu Chem Plast Ltd pay a dividend?
Yes — Mitsu Chem Plast Ltd's dividend payout was 2% of profit in FY26, and it recorded a payout in 12 of its last 13 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 18 August 2026.
Is Mitsu Chem Plast Ltd overvalued?
On its own history, Mitsu Chem Plast Ltd looks cheap: its P/E of 10.7× has been cheaper only 11% of the time in 10 years (long-run median 22.3×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 18 August 2026.
Is Mitsu Chem Plast Ltd growing?
Yes — Mitsu Chem Plast Ltd is growing: latest-quarter revenue +11.6% year on year, profit +567.2%, and the margin +10.4 pp at 16.3%. The 10-year compound rates are 14.7% (revenue) and 23.1% (profit). The earnings engine currently reads: improving — as of 18 August 2026.
How is Mitsu Chem Plast Ltd performing?
Mitsu Chem Plast Ltd is building a base, 3 weeks in. Its latest quarter's revenue rose 11.6% and profit rose 567.2% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 10 weeks. This describes what the data did, not a rating. — as of 18 August 2026.
What stage is Mitsu Chem Plast Ltd in?
Turning around — EPS growth swung from −18.0% at the trough to +208.7%, a 5-quarter improving streak, ROCE holding at 16.0%. The read comes from the last 12 quarters of growth (revenue growth +6.7% latest, profit growth +208.6% latest, eps growth +208.7% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 18 August 2026.
Is Mitsu Chem Plast Ltd in an uptrend?
No — the price is building a base (week 3 of stage 1), trading −9.0% versus its 200-day average and at 36% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 18 August 2026.
Is Mitsu Chem Plast Ltd beating the market?
On recent form, yes — Mitsu Chem Plast Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 10 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 9.5 years the stock moved +214% against the NIFTY 500's +202% — ahead of the index over the full window. — as of 18 August 2026.
Will Mitsu Chem Plast Ltd's share price go up?
This page publishes no price forecast for Mitsu Chem Plast Ltd. What it measures instead: the share price is ₹98.0, the price is building a base 3 weeks in. Its P/E of 10.7× sits at the 11th percentile of its own 10-year range. — as of 18 August 2026.
Who owns Mitsu Chem Plast Ltd?
Promoters hold 67.8% of Mitsu Chem Plast Ltd, foreign institutions null%, domestic institutions null% and the public 32.2% (latest quarter). No holder moved a full point over the last two years — the register is quiet. — as of 18 August 2026.
Does Mitsu Chem Plast Ltd have too much debt?
It is moderate — Mitsu Chem Plast Ltd's debt-to-equity is 0.57, and operating profit covers the interest bill 6×. FY26 borrowings were ₹64.0 Cr against equity of ₹113 Cr. Read the returns on this page with that leverage in mind — as of 18 August 2026.
What is Mitsu Chem Plast Ltd's capex?
Mitsu Chem Plast Ltd spent ₹41.0 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹18.0 Cr, with ₹1.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 18 August 2026.
What is Mitsu Chem Plast Ltd's cash flow?
Mitsu Chem Plast Ltd generated ₹33.0 Cr of operating cash flow in FY26 and ₹15.0 Cr of free cash flow after ₹18.0 Cr of capital spending. Reported profit that year was ₹16.0 Cr, so operating cash ran ahead of profit. Cash-flow resolution for India is annual. — as of 18 August 2026.
Is Mitsu Chem Plast Ltd's profit real cash?
Yes — over the last 3 fiscal years, 178% of Mitsu Chem Plast Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹33.0 Cr against reported profit of ₹16.0 Cr. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 18 August 2026.
Where is Mitsu Chem Plast Ltd in its business cycle?
Mitsu Chem Plast Ltd's FY26 operating margin was 10.0%, against a 13-year band of 7.0%–13.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 16.3%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 18 August 2026.
What growth does Mitsu Chem Plast Ltd's price assume?
At its price on 13 June 2026, Mitsu Chem Plast Ltd was priced for profit growth of about 3.9% a year. Profit itself has compounded 23.1% a year over the past 10 years. The figure reads the multiple backwards: the growth a buyer at that price was already paying for. — as of 18 August 2026.
What could break the Mitsu Chem Plast Ltd story?
The sharpest disagreement: annual EPS moved +115.4% against a −1.6% price move — the market has not yet caught up with the delivery. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 18 August 2026.
Is Mitsu Chem Plast Ltd a stock worth studying right now?
This is not investment advice. The machine read: Mitsu Chem Plast Ltd is coiled. The quarters are improving, yet the P/E sits at the 11th percentile of its own 10-year range — the business is moving before the market. The sharpest open question: whether the price catches up with earnings that have already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 18 August 2026.