Mitsu Chem Plast Limited (BSE: 540078), a manufacturer of polymer-based molded products, has announced an expansion of its manufacturing capacity by approximately 3,550 MT per year. The addition is aimed at meeting rising customer demand, supporting product diversification and creating capacity for the company’s long-term growth.
Mitsu Chem Plast currently has an installed manufacturing capacity of more than 32,450 MT per year, with capacity utilisation at 64% for the financial year ended March 31, 2026. The proposed expansion will provide additional production capacity and enable the company to respond more quickly to changing market requirements.
The investment in new machinery is expected to strengthen the company’s manufacturing capabilities and improve its ability to serve customers across several industries. These include chemicals, pharmaceuticals, agrochemicals, healthcare, infrastructure and other industrial segments.The additional capacity will also support Mitsu Chem Plast’s OEM business and allow it to expand its product range while maintaining its focus on quality and customer requirements.
Sanjay Dedhia, Managing Director, Mitsu Chem Plast Limited, said the company is pleased to expand its manufacturing capacity by around 3,550 MT per year. He said the investment reflects Mitsu Chem Plast’s focus on capacity planning and its confidence in long-term demand across its markets.
According to Mr Dedhia, the additional capacity will help the company meet customer requirements, support new products and strengthen relationships with OEM customers. He added that the expansion will provide a stronger base for capturing new business opportunities and supporting sustainable and profitable growth.
Mitsu Chem Plast has more than 35 years of experience in India’s plastic-processing industry. The company specialises in blow molding, injection molding and custom molding and operates four manufacturing facilities in Maharashtra. Its existing manufacturing infrastructure includes 53 blow molding machines and 22 injection molding machines. The company serves more than 700 customers, including over 30 Fortune 500 companies operating in India, and exports its products to 17 countries.
Its product portfolio includes molded industrial packaging, infrastructure products, hospital furniture parts and other customised plastic components. The company serves customers across pharmaceuticals, chemicals, food, automotive, healthcare, agrochemicals, cosmetics, edible oils, specialty chemicals and FMCG.
Mitsu Chem Plast also operates a dedicated depot in Hyderabad for customers in South India and works with distributors to serve markets in North India. The company is expanding its product portfolio with products such as pail containers and GL 45 caps.Its Furnastra brand focuses on hospital furniture parts and healthcare products, supporting the company’s expansion in the healthcare segment.
For FY26, Mitsu Chem Plast reported total income of ₹35,084.56 lakh, EBITDA of ₹3,466.31 lakh and net profit of ₹1,561.87 lakh. The planned capacity expansion is expected to further strengthen its manufacturing platform and support future business growth.
