Mitsu Chem Plast Ltd
Incorporated in 1990, Mitsu Chem Ltd manufactures blow molding, injection molding and customized molding products[1]
- Market Cap ₹ 154 Cr.
- Current Price ₹ 114
- High / Low ₹ 213 / 109
- Stock P/E 18.7
- Book Value ₹ 67.9
- Dividend Yield 0.18 %
- ROCE 13.9 %
- ROE 12.5 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Promoter holding has decreased over last 3 years: -5.26%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Plastic products Industry: Plastics Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
60 | 70 | 88 | 89 | 94 | 112 | 125 | 139 | 178 | 258 | 309 | 311 | 317 | |
53 | 64 | 81 | 81 | 86 | 103 | 114 | 123 | 155 | 232 | 282 | 286 | 292 | |
Operating Profit | 7 | 7 | 7 | 8 | 9 | 10 | 11 | 16 | 23 | 26 | 27 | 26 | 25 |
OPM % | 11% | 9% | 8% | 9% | 9% | 9% | 9% | 11% | 13% | 10% | 9% | 8% | 8% |
0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 1 | |
Interest | 4 | 4 | 5 | 4 | 4 | 4 | 4 | 6 | 6 | 6 | 7 | 9 | 8 |
Depreciation | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 4 | 4 | 5 | 5 | 6 | 7 |
Profit before tax | 2 | 2 | 1 | 3 | 3 | 4 | 4 | 6 | 14 | 16 | 15 | 12 | 11 |
Tax % | 30% | 34% | 37% | 27% | 25% | 20% | 17% | 32% | 30% | 30% | 20% | 25% | |
2 | 2 | 1 | 2 | 2 | 3 | 4 | 4 | 10 | 12 | 12 | 9 | 8 | |
EPS in Rs | 26.83 | 27.17 | 12.67 | 31.83 | 2.03 | 2.63 | 2.66 | 2.93 | 7.12 | 8.46 | 8.68 | 6.51 | 6.06 |
Dividend Payout % | 14% | 20% | 32% | 37% | 0% | 6% | 6% | 6% | 2% | 2% | 2% | 3% |
Compounded Sales Growth | |
---|---|
10 Years: | 16% |
5 Years: | 20% |
3 Years: | 20% |
TTM: | 2% |
Compounded Profit Growth | |
---|---|
10 Years: | 23% |
5 Years: | 19% |
3 Years: | -3% |
TTM: | 4% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | -21% |
1 Year: | -40% |
Return on Equity | |
---|---|
10 Years: | 19% |
5 Years: | 19% |
3 Years: | 19% |
Last Year: | 13% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1 | 1 | 1 | 1 | 4 | 4 | 4 | 12 | 12 | 12 | 12 | 13 | 14 |
Reserves | 6 | 7 | 7 | 9 | 9 | 18 | 23 | 18 | 28 | 39 | 50 | 67 | 79 |
27 | 31 | 39 | 37 | 34 | 34 | 54 | 64 | 64 | 67 | 77 | 80 | 60 | |
5 | 6 | 7 | 9 | 9 | 13 | 18 | 14 | 21 | 26 | 38 | 35 | 31 | |
Total Liabilities | 39 | 46 | 56 | 56 | 56 | 69 | 99 | 108 | 125 | 144 | 177 | 194 | 184 |
17 | 20 | 21 | 22 | 24 | 26 | 57 | 59 | 60 | 62 | 72 | 87 | 89 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 4 | 0 | 0 | 1 | 0 | 10 | 1 | 1 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 |
22 | 26 | 34 | 34 | 32 | 40 | 42 | 47 | 63 | 81 | 95 | 106 | 93 | |
Total Assets | 39 | 46 | 56 | 56 | 56 | 69 | 99 | 108 | 125 | 144 | 177 | 194 | 184 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
4 | 6 | 5 | 14 | 4 | 6 | 18 | 4 | 13 | 7 | 22 | 9 | |
-3 | -4 | -3 | -4 | -4 | -7 | -30 | -8 | -7 | -3 | -27 | -12 | |
-1 | -1 | -2 | -5 | -6 | 2 | 11 | 3 | -5 | -2 | 3 | 3 | |
Net Cash Flow | 0 | 0 | 1 | 5 | -5 | 1 | -1 | -0 | 1 | 1 | -2 | -0 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 82 | 83 | 82 | 73 | 71 | 70 | 68 | 75 | 60 | 59 | 56 | 61 |
Inventory Days | 49 | 47 | 57 | 42 | 54 | 56 | 52 | 63 | 86 | 71 | 61 | 80 |
Days Payable | 13 | 18 | 19 | 28 | 24 | 20 | 47 | 28 | 40 | 34 | 45 | 42 |
Cash Conversion Cycle | 119 | 112 | 120 | 88 | 101 | 106 | 74 | 111 | 106 | 95 | 72 | 100 |
Working Capital Days | 102 | 99 | 99 | 69 | 77 | 81 | 58 | 72 | 85 | 80 | 68 | 85 |
ROCE % | 19% | 16% | 13% | 14% | 15% | 16% | 12% | 14% | 20% | 20% | 17% | 14% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
31 Oct - Newspaper Publication of Financial Results for the Quarter and Half year ended September 30,2024
- Announcement under Regulation 30 (LODR)-Investor Presentation 29 Oct
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
29 Oct - Mitsu Chem Plast announces Q2 FY25 financial results.
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Statement On Deviation Or Variation Of Funds Under Regulation 32 Of SEBI (LODR) Regulations, 2015
29 Oct - Nil statement of deviation in fund utilization.
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Statement On Deviation Or Variation Of Funds Under Regulation 32 Of SEBI (LODR) Regulations, 2015
29 Oct - Nil Statement of Deviation under SEBI regulations.
Annual reports
Concalls
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Oct 2024TranscriptNotesPPT
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Aug 2024TranscriptNotesPPT
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May 2024Transcript PPT REC
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Feb 2024Transcript PPT
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Feb 2022Transcript PPT
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Feb 2022TranscriptNotesPPT
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Nov 2021Transcript PPT
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Aug 2021Transcript PPT
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Aug 2021TranscriptNotesPPT
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May 2021Transcript PPT
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Mar 2021Transcript PPT
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Nov 2020TranscriptNotesPPT
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Nov 2020TranscriptNotesPPT
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Aug 2020Transcript PPT
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Jul 2020TranscriptNotesPPT
Business Overview:[1][2]
MCL is in the business of manufacturing
plastic blow-molded and injection-molded products, and customized moulding solutions. Company has 500+ SKU’s and caters to 30+ Fortune (India) 500 customers in India