Mitsu Chem Plast dividend FY26: ₹0.20 per share

Board meeting outcome: final dividend recommendation

Mitsu Chem Plast Limited said its board, at a meeting held on May 02, 2026, recommended a final dividend for the financial year ended March 31, 2026. The recommended final dividend is 2 percent, which the company quantified as INR 0.20 per equity share. The dividend relates to equity shares with a face value of INR 10 each. The company also clarified that the dividend is subject to shareholder approval at the forthcoming Annual General Meeting (AGM).

Dividend recommendations typically become payable only after shareholders approve them at the AGM. Until then, the amount remains a proposal. The company’s communication links the recommendation to the broader year-end governance cycle, where audited results and corporate actions are considered together.

What the ₹0.20 per share dividend means

The proposed ₹0.20 dividend per share corresponds to a 2 percent payout on a ₹10 face value. This is a final dividend for FY26, not an interim dividend. The company’s disclosure did not provide a record date or payment date in the provided text. It only states that the payout will depend on shareholder approval at the upcoming AGM.

For investors tracking corporate actions, the key immediate takeaway is the board’s intention to return cash via a small per-share payout. Any effective yield calculation would still require the ex-date or record date and confirmation of shareholder approval.

Key dates investors are tracking

Alongside the dividend item, the company had indicated that the May 02, 2026 board meeting was scheduled to consider and approve audited financial results for the quarter and year ended March 31, 2026. The same meeting agenda included considering and recommending a final dividend for FY26. The company also indicated that the trading window had been closed since April 01, 2026, in the context of the results process.

Separately, Mitsu Chem Plast said it will host an earnings conference call on Monday, May 04, 2026, starting 12:00 PM IST. The company said the call will discuss its financial performance for the fourth quarter ended March 31, 2026.

SEBI ‘Large Corporate’ status: company says it does not qualify

In a key financial update as of March 31, 2026, the company stated that it does not qualify as a ‘Large Corporate’ under the SEBI circular dated October 19, 2023. This classification matters because the SEBI framework links ‘Large Corporate’ status with certain disclosure and borrowing-related obligations. The company’s statement is specific to its status as of March 31, 2026.

The provided text does not detail the precise thresholds applied in the assessment. It only reports the company’s conclusion that it does not meet the classification.

Borrowings and credit rating disclosure

Mitsu Chem Plast reported outstanding borrowing of ₹58.99 crore as of March 31, 2026. The company also stated that no credit rating was applicable for the previous financial period, as mentioned in the same update. The disclosure, as provided, does not specify the borrowing mix, maturities, or lenders.

Borrowing disclosures are often watched alongside dividend announcements because they provide context on leverage and funding needs. Here, the company has provided only the top-line outstanding borrowing figure in the shared extract.

Recent operating performance: Q3 FY26 snapshot

The company’s earlier updates cited strong movement in profitability for Q3 FY26. For Q3 FY26, total income was reported at ₹86.09 crore, a year-on-year increase of 6.92 percent. EBITDA for the quarter was ₹9.54 crore, up 73.35 percent year-on-year, with an EBITDA margin of 11.10 percent.

The same set of disclosures reported a Q3 FY26 net profit margin of 5.47 percent and net profit of ₹4.71 crore (₹470.63 lakh). The company also reported a year-on-year increase of 217.03 percent in Q3 net profit in one of the updates, based on the numbers shared.

Nine-month FY26 numbers mentioned by the company

For the nine-month period of FY26, the company reported total income of ₹264.05 crore. Another disclosure referenced nine-month revenue of ₹263.69 crore, which is consistent with the ₹264.05 crore figure when rounded. The company also reported nine-month profit after tax (PAT) of ₹7.90 crore (₹790.13 lakh).

These figures provide context for FY26 performance heading into the Q4 and full-year audited results process. However, the provided text does not include Q4 FY26 or full-year FY26 audited revenue and profit numbers.

Q2 FY26: income, margin, and EPS highlights

Mitsu Chem Plast also disclosed Q2 FY26 performance metrics in its communications. It reported Q2 FY26 total income of ₹92.56 crore, up 13.63 percent year-on-year. Q2 EBITDA was ₹5.88 crore, up 24.13 percent year-on-year, with an EBITDA margin of 6.37 percent.

For Q2 FY26, the company reported net profit of ₹1.88 crore and earnings per share (EPS) of ₹1.39. These Q2 numbers, together with Q3 updates, outline the trend the market will compare against once audited Q4 and full-year FY26 numbers are released.

Capacity, export footprint, and the FY28 revenue target

In its business updates, the company stated it has installed capacity of more than 29,000 MT across three manufacturing facilities. It also said export revenue grew 144 percent in FY25 and that it has a presence in 17 countries, including the USA and Germany.

The company also stated a revenue target of ₹1,000 crore by FY28. The provided text does not include the baseline year revenue used for this target statement, beyond references to quarterly and nine-month FY26 income figures.

Stock snapshot and market context

The excerpt provided showed the stock at ₹111.50, down ₹0.78 or 0.69 percent, as on April 30, 2026 (04:01). The company is classified under the Plastic Products sector and industry in the shared data. The announcements referenced BSE India filings, and the scrip code shown was 540078.

Near-term attention is likely to remain on the audited Q4 and full-year results and the follow-through steps for the dividend, including AGM approval and subsequent corporate action dates.

Key facts table

Conclusion

Mitsu Chem Plast has recommended a final dividend of ₹0.20 per share for FY26, subject to shareholder approval at the upcoming AGM. The same period includes key governance and disclosure milestones, with audited Q4 and full-year FY26 results under consideration and an earnings call scheduled for May 04, 2026. The company has also stated it does not qualify as a ‘Large Corporate’ under the SEBI circular dated October 19, 2023, and reported outstanding borrowing of ₹58.99 crore as of March 31, 2026. Next cues for investors will come from the audited results disclosure and the AGM process that will determine whether the recommended dividend is approved.