Mitsu Chem Plast Adds 600 MT/Year to Manufacturing Capacity, Boosting Strategic Expansion

Mitsu Chem Plast Adds 600 MT/Year to Manufacturing Capacity, Boosting Strategic Expansion

Mitsu Chem Plast Adds 600 MT/Year to Manufacturing Capacity, Boosting Strategic Expansion​

Mitsu Chem Plast Limited, a leading manufacturer of polymer-based molded products, announced a significant capacity addition at its existing manufacturing facility. The company is adding 600 MT/Year of manufacturing capacity as part of its efforts to strengthen its capabilities and support future growth.

The expansion comes as the company continues to focus on meeting the rising demand across various sectors, including industrial packaging, healthcare, infrastructure, and emergency handling.

Capacity Expansion Details​

The capacity addition is part of a broader growth strategy. The company reported that in Fiscal Year 27 (FY27), cumulative capacity additions amount to 6,700 MT/Year. This total is comprised of 2,550 MT/Year added in June 2026, followed by subsequent additions of 3,550 MT/Year and the current 600 MT/Year addition in August 2026.

The current operational metrics, prior to the expansion, are summarized below:

MetricDetail
Existing Manufacturing Capacity36,000+ MT/Year
Existing Capacity Utilization64% for the year ended March 31, 2026
Proposed Capacity Addition600 MT/Year

This capacity increase reflects management’s confidence in the sustained demand outlook and the company’s ability to scale operations efficiently. The added capacity is expected to enable Mitsu Chem Plast to better serve its OEM customers in the chemical, pharmaceutical, and agrochemical sectors, while also supporting product diversification initiatives.

Management Commentary​

Commenting on the expansion, Mr. Sanjay Dedhia, Executive Vice Chairman of Mitsu Chem Plast Limited, stated that the capacity addition is a continuation of the company's commitment to operational excellence and staying ahead of evolving market requirements.

He noted that adding 600 MT/Year to the existing capacity of over 36,000 MT/Year reflects confidence in the sustained demand observed across their product segments. The additional capacity will enhance the company’s ability to meet growing customer requirements, support product diversification, and strengthen its presence in key end-user industries, maintaining high standards of quality and reliability.

Mr. Dedhia added that the expansion is a strategic step toward long-term growth objectives. The company remains focused on expanding its product portfolio, enhancing operational efficiencies, and creating value for all stakeholders.

About Mitsu Chem Plast Limited​

Mitsu Chem Plast Limited is a key player in India's plastic-processing industry, possessing over 35 years of experience in blow molding, injection molding, and custom molding.

The company operates four manufacturing facilities in Maharashtra and has an installed capacity exceeding 36,000 MT per annum, supported by 57 blow molding machines and 22 injection molding machines.

Mitsu Chem Plast offers a diversified product portfolio that serves various industries, including pharmaceuticals, chemicals, food, automotive, and healthcare. Its offerings range from industrial containers and packaging components to customized furniture parts and specialized healthcare products.

The company serves a diverse base of over 700 customers, including 30+ Fortune 500 companies in India, and maintains an export presence across 17 countries.

In FY26, Mitsu Chem Plast reported Total Income of ₹ 35,084.56 Lakhs, an EBITDA of ₹ 3,466.31 Lakhs, and a Net Profit of ₹ 1,561.87 Lakhs.

Stock Price Movement​

Mitsu Chem Plast Ltd shares are ticking up at 09:41, trading at ₹186.80 after rising by 2.89%. The equity has seen a dynamic day, moving within an intraday range established between a low of ₹184.00 and a high of ₹190.60.
 

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