Mitsu Chem Plast Net Profit Rises 118 Per Cent, EBITDA Up 73 Per Cent

05 May 2026 CW Team

For the full year FY26 the company posted total income of Rs 3508.46 mn, an increase of 5.40 per cent, with EBITDA of Rs 346.63 mn and net profit of Rs 156.19 mn, up 48.88 per cent and 115.40 per cent respectively. Annual EBITDA margin rose to 9.90 per cent and net profit margin to 4.46 per cent. Earnings per share for FY26 stood at Rs 11.50, reflecting sustained profitability across segments and improved contribution from higher margin lines.

Operationally, Mitsu Chem Plast completed capacity expansion and commenced operations at the new Boisar facility in January 2026, adding approximately 900 tonnes (t) per annum and taking total installed capacity to more than 29,900 t per annum. The company entered a global supplier agreement with Arjohuntleigh Polska, which it said strengthens its presence in the healthcare vertical and expands export opportunities across more than 17 countries. The Furnastra healthcare furniture vertical continued to scale and the business broadened its product innovations for industrial packaging and hospital furniture components.

Management said disciplined execution, focus on higher value-added products and improved operating efficiencies were key drivers of the performance and described strategic entry into the Intermediate Bulk Container vertical as a natural extension of its packaging capabilities that will open a new avenue for growth. The company noted that forward-looking statements are subject to risks and uncertainties and that actual outcomes may differ, and it reaffirmed commitment to disciplined capital deployment and operational excellence.

Mitsu Chem Plast Limited reported that net profit in the fourth quarter of FY26 rose by 117.90 per cent to Rs 77.17 million (mn), while EBITDA increased by 72.98 per cent to Rs 142.27 mn, on a marginal decline in total income to Rs 867.95 mn, down 4.10 per cent year on year. The company said the EBITDA margin for the quarter improved to 16.45 per cent and net profit margin to 8.92 per cent, reflecting better operational efficiencies and a continuing shift towards higher value products. Earnings per share for the quarter were Rs five point six eight. For the full year FY26 the company posted total income of Rs 3508.46 mn, an increase of 5.40 per cent, with EBITDA of Rs 346.63 mn and net profit of Rs 156.19 mn, up 48.88 per cent and 115.40 per cent respectively. Annual EBITDA margin rose to 9.90 per cent and net profit margin to 4.46 per cent. Earnings per share for FY26 stood at Rs 11.50, reflecting sustained profitability across segments and improved contribution from higher margin lines. Operationally, Mitsu Chem Plast completed capacity expansion and commenced operations at the new Boisar facility in January 2026, adding approximately 900 tonnes (t) per annum and taking total installed capacity to more than 29,900 t per annum. The company entered a global supplier agreement with Arjohuntleigh Polska, which it said strengthens its presence in the healthcare vertical and expands export opportunities across more than 17 countries. The Furnastra healthcare furniture vertical continued to scale and the business broadened its product innovations for industrial packaging and hospital furniture components. Management said disciplined execution, focus on higher value-added products and improved operating efficiencies were key drivers of the performance and described strategic entry into the Intermediate Bulk Container vertical as a natural extension of its packaging capabilities that will open a new avenue for growth. The company noted that forward-looking statements are subject to risks and uncertainties and that actual outcomes may differ, and it reaffirmed commitment to disciplined capital deployment and operational excellence.

Technology

29 Jul 2026

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

Real Estate

29 Jul 2026

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Equipment

29 Jul 2026

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..