Mitsu Chem Plast Limited (BSE: 540078), a leading name in India’s polymer manufacturing sector, has announced a fresh capacity expansion of approximately 655 metric tonnes per year across its existing manufacturing units. The decision forms part of the company’s ongoing growth roadmap aimed at meeting increasing market demand, reinforcing supply chain reliability, and supporting its long-term goal of surpassing ₹1,000 crore in annual revenue by FY2028.
Following this expansion, Mitsu’s total installed capacity will rise from around 28,424 MT per year to 29,079 MT per year, enhancing its ability to cater to new business opportunities and provide quicker turnaround times for Original Equipment Manufacturers (OEMs). The project involves an investment of about ₹85 lakh, fully funded through internal resources. The capital will be used to acquire high-performance machinery designed to improve operational efficiency, raise output quality, and support the company’s sustainability and innovation objectives.
This capacity upgrade strengthens Mitsu’s presence across core segments such as industrial packaging, hospital furniture components, infrastructure products, and emergency handling solutions, ensuring the company remains agile in addressing growing needs from industries including chemicals, pharmaceuticals, agrochemicals, disinfectants, and dyes.
“This investment reinforces Mitsu’s commitment to continuous advancement and operational excellence,” said Jagdish Dedhia, Chairman of Mitsu Chem Plast Limited. “With demand rising across our major business divisions, this capacity increase positions us to deliver faster, scale efficiently, and maintain the high quality our customers expect. We remain confident in achieving our ₹1,000 crore revenue target by 2028 through consistent expansion, innovation, and strong partnerships across domestic and global markets.”
Mitsu Chem Plast Limited (BSE: 540078) is a certified manufacturer of high-quality polymer-based molded products serving a wide range of industries. The company offers innovative blow-molded and injection-molded solutions for industrial packaging, healthcare, infrastructure, and emergency handling applications.
Its diverse product lineup includes industrial drums, jerry cans, bottles, jars, and related accessories, along with hospital furniture parts such as panels, planks, railings, and trolley components. Mitsu also produces infrastructure furniture elements like chair shells and rescue and safety products including spine boards.
The company primarily serves OEM customers in sectors such as chemicals, pharmaceuticals, agrochemicals, disinfectants, and hospital furniture, supported by strong R&D and quality assurance systems. Over the past 35 years, Mitsu Chem Plast has grown from its first manufacturing unit in Boisar, Tarapur, to operating three plants across Maharashtra—two in Boisar and one in Khalapur. In FY2025, the company reported revenues of ₹332.88 crore, an EBITDA of ₹23.28 crore, and a net profit of ₹7.25 crore.
