Capacity Expansion Details
- Existing manufacturing capacity: 32,450+ MT/Year
- Existing capacity utilization: 64% for the year ended March 31, 2026
- Proposed capacity addition: 3,550 MT/Year
Strategic Rationale and Purpose
The capacity addition is aimed at supporting the Company's sustained growth, product diversification, and ability to meet increasing customer demand. The expansion represents another step in Mitsu Chem Plast's ongoing expansion strategy to:
- Strengthen ability to cater to growing demand across diversified customer base
- Support long-term growth plans
- Provide additional manufacturing headroom given current 64% utilization
- Enable efficient response to increasing market requirements
- Support opportunities for product diversification
- Enhance manufacturing capabilities through investment in new machinery
- Strengthen operational platform
Customer and Market Focus
The expanded capacity will enable the Company to serve OEM customers across multiple sectors including:
- Chemical
- Pharmaceutical
- Agrochemical
- Healthcare
- Infrastructure
- Allied industries
Management Commentary
Mr. Sanjay Dedhia, Managing Director of Mitsu Chem Plast Limited, commented: "We are pleased to further expand our manufacturing capacity by approximately 3,550 MT/Year. This expansion reflects our continued focus on proactive capacity planning and our confidence in the long-term demand outlook across the markets we serve. The additional capacity will strengthen our ability to meet customer requirements, support product diversification and create opportunities for sustainable growth."
Company Background Information
Mitsu Chem Plast Limited is a leading player in India's plastic-processing industry with 35+ years of experience, specializing in:
- Blow molding
- Injection molding
- Custom molding
- Development of high-quality and customized plastic solutions
Manufacturing Facilities: 4 facilities in Maharashtra
Installed Capacity: 32,450+ MT per annum
Machinery: 53 blow molding machines and 22 injection molding machines
Product Portfolio:
- Molded Industrial Packaging
- Hospital Furniture Parts
- Infrastructure & Other Products
Serving Industries:
- Pharmaceuticals
- Chemicals
- Food
- Automotive
- Healthcare
- Agrochemicals
- Cosmetics
- Edible oils
- Specialty chemicals
- FMCG
Customer Base: 700+ customers, including 30+ Fortune 500 companies in India
Export Presence: 17 countries
Distribution: Dedicated depot in Hyderabad and distributors in North India
Recent Product Expansion: Includes pail containers and GL 45 caps
Healthcare Brand: Dedicated Furnastra brand for hospital furniture parts
Financial Performance Reference
For FY26, the Company reported:
- Total Income: ₹ 35,084.56 Lakhs
- EBITDA: ₹ 3,466.31 Lakhs
- Net Profit: ₹ 1,561.87 Lakhs
Additional Information
Corporate Communication Contact: Kirin Advisors Private Limited
Contact Person: Sunil Mudgal – Director
Disclaimer Note
The document includes standard forward-looking statement disclaimer noting that certain statements are subject to risks and uncertainties including government actions, local, political or economic developments, technological risks, and other factors that could cause actual results to differ materially from forward-looking statements.