Mitsu Chem Plast Limited, the renowned international company that specializes in the manufacturing of blow-molded and injection-molded products, has declared its unaudited financial performance for the three-quarter and nine-month financial period. Q3 FY26 showed a brilliant performance of the company with an overwhelming increase in profitability and operational efficiency. The quarterly net profit increased by 217.03% compared with the same period of the last fiscal year, increasing to ₹470.63 Lakhs as compared to ₹148.49 Lakhs. This radical growth in the bottom line was backed up by the total income that has also been steadily growing and now stands at ₹8,608.85 Lakhs, which is an increase of 6.92% compared to the same figure of ₹8,051.78 Lakhs in Q3 FY25.
Operational expansion and market reach
Another excellent performance of the third quarter was the massive increase in the EBITDA, which increased by 73.35% on a year-on-year basis to ₹954.45 Lakhs. This good operating performance resulted in an impressive growth of the EBITDA margin, which rose by 426 basis points to 11.10%, compared to 6.84% the year before. In the same manner, the Net Profit Margin improved by 363 basis points to 5.47%.
The Earnings Per Share (EPS) was also at this upward trend, increasing by 218.35% to become ₹3.47. These numbers would indicate that the company is concerned with improved product mix, cost efficiencies, and operational excellence, which have enabled it to turn small increases in revenue into large profit margins.
These strong financial performance outcomes are directly associated with the strategic efforts of the company, such as the capacity addition commissioned of about 655 MT a year to be completed in November 2025. This increased the overall manufacturing capacity of the company to more than 29,000 MT in a year.
This move was funded mainly by the internal accruals with the aim of reducing the increasing demand and enhancing customer service in its segments. Mitsu Chem Plast is still expanding its activities in various industries, such as hospital furniture via its brand Furnastra, infrastructure products, and industrial packaging materials such as bottles, drums, and jerry cans.
Vision and company performance
The growth of the company was not only confined to the third quarter, as the performance of the nine months (9M FY26) displayed notable improvement as well. The increase in total income was by 8.94% in comparison to the previous period of 2018 of ₹26,405.09 Lakhs. The net profit has more than doubled and has grown from 35.71% to ₹2,043.58 Lakhs, and the net profit has increased from 113.03% to ₹790.13 Lakhs. Such cumulative numbers highlight an increasing growth trend and the effective implementation of the strategic roadmap of the firm as it pursues its long-term goal.
The Chairman of Mitsu Chem Plast Limited, Mr. Jagdish Dedhia, pointed out that the performance is an outcome of the company’s commitment to developing scalable manufacturing capacity and disciplined performance. The management is still concerned with judicious use of capital and keeping the standards of quality high to guarantee sustainable development. The company is also capitalising on its good relations with original equipment manufacturers (OEMs) and making an increased presence in the domestic and export market (new ventures in Europe), with a clear roadmap to achieve its target of reaching ₹1,000 crore revenue by 2028.
Conclusion
The performance of Mitsu Chem Plast Limited in the Q3 FY26 is a significant milestone with a triple-digit increase in profits and a large margins expansion. With the ability to successfully integrate the new capacity and a clear focus on operational efficiency and efficiency, the company has positioned itself as a strong player in the manufacturing industry.
With its ongoing expansion of healthcare furniture and packaging operations, Mitsu Chem Plast should be in a good position to maintain its growth trajectories and provide long-term value to its stakeholders as it continues to meet its ambitious revenue goals by 2028.
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