Mitsu Chem Plast FY26 profit doubles, ₹0.20 dividend

Board clears audited FY26 numbers

Mitsu Chem Plast Limited announced its audited financial results for the quarter and year ended March 31, 2026, showing a sharp improvement in profitability. The Board of Directors met on May 2, 2026, approved the audited financials, and recommended a final dividend for shareholders. The update also carried the statutory auditor’s view on the annual results. Alongside the annual numbers, the company disclosed key balance sheet items as of March 31, 2026. The disclosures also covered regulatory updates, including a SEBI depository compliance filing and the status of investor complaints. The stock’s recent return profile was also published in the same information set.

Q4 FY26: profit jumps, operating performance improves

For the quarter ended March 31, 2026 (Q4 FY26), Mitsu Chem Plast reported revenue from operations of ₹86.47 crore. Net profit for the quarter was ₹7.72 crore, and quarterly basic EPS stood at ₹5.68. A separate quarterly snapshot in the release also showed operating profit (often presented as EBITDA/operating profit) at ₹14.23 crore for the March 2026 quarter, with a year-on-year increase of 72.9%. Net profit for the quarter was shown as ₹7.72 crore, up 118.1% year-on-year in that quarterly comparison table. The same table indicated a quarter-on-quarter rise as well, with March 2026 net profit higher than the immediately preceding quarter. These numbers point to improved profitability in the final quarter of the financial year.

FY26 revenue rises; PAT more than doubles

For the full year FY26, revenue from operations stood at ₹350.17 crore, up from ₹332.28 crore in FY25. Total income for FY26 was ₹350.85 crore, compared with ₹332.88 crore in FY25. Profit before tax increased to ₹21.27 crore from ₹10.01 crore in the previous year. Net profit after tax (PAT) for FY26 came in at ₹15.62 crore, more than doubling from ₹7.25 crore in FY25. Basic and diluted EPS improved to ₹11.50 in FY26 from ₹5.39 in FY25. The company’s audited summary presented these as year-on-year comparisons for the year ended March 31.

Key financials at a glance

Note: Figures converted from ₹ lakhs to ₹ crore (1 crore = 100 lakhs) based on the published tables.

Balance sheet: assets and liabilities as of March 31, 2026

The company reported total assets of ₹217.86 crore as of March 31, 2026, compared with ₹195.46 crore as of March 31, 2025. Total equity was ₹112.41 crore at the end of FY26 versus ₹96.98 crore a year earlier. Total non-current liabilities were ₹22.13 crore, while total current liabilities were ₹83.33 crore as of March 31, 2026. The release also stated that total equity and liabilities matched total assets at ₹217.86 crore, consistent with standard balance sheet presentation.

Dividend: ₹0.20 per share, subject to approval

The Board recommended a final dividend of 2%, equivalent to ₹0.20 per equity share on a face value of ₹10 each for FY26. The company clarified that the dividend is subject to approval by shareholders at the forthcoming Annual General Meeting. This recommendation accompanied the board’s approval of audited results.

Auditor’s view: unmodified opinion

The statutory auditors, M/s. Gokhale & Sathe, Chartered Accountants, issued an unmodified opinion on the audited financial results for the year ended March 31, 2026. This was disclosed as part of the audited results announcement.

Labour codes assessment and investor complaints status

Mitsu Chem Plast disclosed that it assessed the impact of new Labour Codes notified by the Government of India. The company reported an incremental impact of ₹0.12 crore (₹12.33 lakhs), primarily due to changes in wage definition, and said this was presented as a statutory impact under exceptional items in an interim statement for the period ended December 31, 2025. The company also reported that there were no investor complaints pending as of March 31, 2026.

SEBI depository compliance filing for Q4FY26

In a separate compliance update dated April 14, 2026, the company submitted its certificate to BSE under SEBI Regulation 74(5). The filing stated that the regulation was not applicable as all shares remained in electronic form, and there were no rematerialisation requests during the quarter ended March 31, 2026. The certificate referenced the registrar, Bigshare Services Private Limited, and the relevant NSDL circular.

Business snapshot: facilities and product lines

The corporate information shared alongside the filings stated that Mitsu Chem Plast operates from its registered office at Gala Complex, Mulund (W), Mumbai, and has three manufacturing units in Maharashtra. The facilities were described as being located in MIDC areas of Tarapur, Boisar, and Khalapur. The company was described as specialising in plastic moulding solutions, including blow moulding, injection moulding, and custom moulding services. The product range mentioned included industrial containers, furniture parts, automotive components, and medical devices.

Stock performance snapshot and what investors track

The published stock-return table showed Mitsu Chem Plast’s returns of -0.69% (1 day), +7.22% (5 days), +31.95% (1 month), +10.40% (6 months), +13.66% (1 year), and -39.96% (5 years). The price line in the same feed showed ₹111.50, down 0.69% on the day. For investors, the immediate watchpoints from the audited release are the year-on-year improvement in PAT and EPS, the dividend recommendation and its approval timeline, and the balance sheet movement in assets and equity. Future updates around shareholder approval for the dividend and subsequent periodic financial disclosures will be key scheduled milestones.

Conclusion

Mitsu Chem Plast closed FY26 with higher revenue, a more than doubled net profit, and improved EPS, while recommending a final dividend of ₹0.20 per share. The audited results were approved by the board on May 2, 2026, with auditors issuing an unmodified opinion. Next, the dividend proposal moves to shareholders for approval at the forthcoming AGM, and the market will track subsequent filings and quarterly performance updates.