Mitsu Chem Plast Limited

Manufacturer of plastic products for various industries with multiple manufacturing units and headquarters in Mumbai.

1988 | Mumbai, Maharashtra (India) | Active
Last Updated: July 12, 2024

Mitsu Chem Plast Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 12.83 Cr
  • Company Age 36 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 130.29 Cr
  • Satisfied Charges ₹ 151.94 Cr
  • Revenue Growth 19.49%
  • Profit Growth 2.65%
  • Ebitda 3.57%
  • Net Worth 22.60%
  • Total Assets 22.85%

About Mitsu Chem Plast

Mitsu Chem Plast Limited (MCPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 September 1988 and has a history of 36 years and four months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540078.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 12.83 Cr.

The company currently has active open charges totaling ₹130.29 Cr. The company has closed loans amounting to ₹151.94 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mitsu Chem Plast Limited India are Manish Dedhia as CFO and Ankita Bhanushali as Company Secretary. Neha Huddar, Manish Dedhia, Sanjay Dedhia, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mitsuchem.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L25111MH1988PLC048925

  • Company No.

    048925

  • Stock Symbol

    BSE : 540078

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Sep 1988

  • Date of AGM

    14 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Mitsu Chem Plast Limited offer?

Mitsu Chem Plast Limited offers a wide range of products and services, including Plastic & Glass Labware, Measuring Jug, Hospital and Medical Furniture, Stretcher, Hospital Bed and Mattress, Hospital Bed ABS Panel, Plastic Bottles, HDPE Bottle, Pharmaceutical Containers, Hdpe Container.

Who are the key members and board of directors at Mitsu Chem Plast?

Executive Team (3)

NameDesignationAppointment DateStatus
Manish Dedhia Country flag representing In Managing Director01-Apr-1997Current
Sanjay Dedhia Country flag representing In Managing Director15-Jul-1993Current
Ankita Bhanushali Company Secretary10-Nov-2022Current

Board Members (4)

NameDesignationAppointment DateStatus
Neha Huddar Country flag representing In Director 01-Feb-2020Current
Jagdish Dedhia Country flag representing In Whole-Time Director 12-Apr-1990Current
Hasmukh Dedhia Country flag representing In Director 01-Jun-2021Current
Dilip Khushalchand Country flag representing In Director 13-Jun-2016Current

Financial Performance of Mitsu Chem Plast.

Mitsu Chem Plast Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.49% increase. The company also saw a slight improvement in profitability, with a 2.65% increase in profit. The company's net worth Soared by an impressive increase of 22.6%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
19.49%
Revenue from Operations
19.89%
Total Assets
22.85%
Profit or Loss
2.65%
Net Worth
22.60%
EBITDA
3.57%

What is the Ownership and Shareholding Structure of Mitsu Chem Plast?

In 2023, Mitsu Chem Plast had a promoter holding of 73.03% and a public holding of 26.96%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹130.29 Cr

Satisfied Charges

₹151.94 Cr

Charges Breakdown by Lending Institutions

  • Others : 63.09 Cr
  • Citi Bank N.A. : 58.73 Cr
  • Sidbi : 8.46 Cr

Latest Charge Details

DateLenderAmountStatus
28 Feb 2024Others₹4.90 MOpen
24 Mar 2023Citi Bank N.A.₹8.30 CrOpen
05 May 2022Citi Bank N.A.₹6.55 CrOpen
28 Feb 2022Citi Bank N.A.₹6.38 CrOpen
10 Feb 2022Citi Bank N.A.₹37.50 CrOpen

How Many Employees Work at Mitsu Chem Plast?

Mitsu Chem Plast has a workforce of 333 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mitsu Chem Plast, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mitsu Chem Plast's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Mitsu Chem Plast

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.49 Cr with Charge ID 100886185 was registered on 28 Feb 2024.

    28 Feb 2024

  • Charges

    A charge registered on 13 Nov 2020 via Charge ID 100386897 with Sidbi was fully satisfied on 20 Nov 2023.

    20 Nov 2023

  • Charges

    A charge registered on 13 Nov 2020 via Charge ID 100386904 with Sidbi was fully satisfied on 20 Nov 2023.

    20 Nov 2023

  • Charges

    A charge with Others of Rs. 56.12 Cr registered on 12 Dec 2014 with Charge ID 10546156 was modified on 18 Sep 2023.

    18 Sep 2023

  • Annual General Meeting

    Mitsu Chem Plast Limited last Annual general meeting of members was held on 14 Sep 2023 as per latest MCA records.

    14 Sep 2023

  • Charges

    A charge with Citi Bank N.A. of Rs. 8.30 Cr registered on 24 Mar 2023 with Charge ID 100703462 was modified on 30 Jun 2023.

    30 Jun 2023

Frequently asked questions

  • Mitsu Chem Plast Limited was incorporated on 23 Sep 1988.

  • The authorized share capital of Mitsu Chem Plast Limited is ₹ 25.00 Cr and paid-up capital is ₹ 12.83 Cr.

  • Currently 8 directors are associated with Mitsu Chem Plast Limited.

    • Neha Sunil Huddar
    • Manish Mavji Dedhia
    • Sanjay Mavji Dedhia
    • Jagdish Liladhar Dedhia
    • Hasmukh Bhavanji Dedhia
    • Dilip Gosar Khushalchand
    • Manish Mavji Dedhia
    • Ankita Bhanushali
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mitsu Chem Plast Limited is 329 Gala Complex 3Rd Floor, Din Dayal Upadhyay Marg Mulund (W), Mumbai, Maharashtra, India, 400080.

  • The corporate identification number (CIN) of Mitsu Chem Plast Limited is L25111MH1988PLC048925 and the company number is 048925 as per Ministry of Corporate Affairs (MCA).

  • Yes, Mitsu Chem Plast Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Mitsu Chem Plast Limited is https://www.mitsuchem.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mitsu Chem Plast Limited has risen by 19.49%.

  • As Per 2023 financial reports, 333 employees are currently employed by Mitsu Chem Plast Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mitsu Chem Plast Limited has experienced an upsurge of 22.60%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mitsu Chem Plast Limited amount to ₹ 130.29 Cr.

  • The most recent Balance Sheet for Mitsu Chem Plast Limited was filed with the ROC on 31 Mar 2023.

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