Mitsu Chem Plast Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: May 31, 2025, 7:31 pm

Market Cap	158 Cr.
Current Price	117
High / Low	164/83.2
Stock P/E	21.8
Book Value	71.4
Dividend Yield	0.17 %
ROCE	10.4 %
ROE	8.22 %
Face Value	10.0
PEG Ratio	-3.90

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Mitsu Chem Plast Ltd

Competitors of Mitsu Chem Plast Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Mitsu Chem Plast Ltd	158 Cr.	117	164/83.2	21.8	71.4	0.17 %	10.4 %	8.22 %	10.0
IIRM Holdings India Ltd	558 Cr.	81.8	172/27.8	24.9	19.4	0.00 %	23.5 %	18.6 %	5.00
Fiberweb (India) Ltd	149 Cr.	51.6	66.6/34.0	9.91	61.2	0.00 %	10.0 %	8.88 %	10.0
Deep Polymers Ltd	121 Cr.	49.9	93.1/35.7	23.3	36.2	0.00 %	8.22 %	6.08 %	10.0
DDev Plastiks Industries Ltd	2,850 Cr.	275	458/213	15.4	80.7	0.54 %	33.8 %	24.8 %	1.00
Industry Average	1,414.77 Cr	430.96		37.69	157.25	0.23%	16.68%	12.61%	8.25

All Competitor Stocks of Mitsu Chem Plast Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	74.61	84.56	69.58	71.64	83.20	79.72	75.78	73.47	82.27	80.13	81.22	80.46	90.47
Expenses	66.34	75.15	65.23	66.39	75.62	74.69	70.36	65.77	74.75	75.31	76.48	74.95	82.25
Operating Profit	8.27	9.41	4.35	5.25	7.58	5.03	5.42	7.70	7.52	4.82	4.74	5.51	8.22
OPM %	11.08%	11.13%	6.25%	7.33%	9.11%	6.31%	7.15%	10.48%	9.14%	6.02%	5.84%	6.85%	9.09%
Other Income	0.09	0.13	0.25	0.01	-0.03	0.27	0.23	0.26	0.27	0.26	0.24	0.06	0.04
Interest	1.56	1.63	1.46	1.73	2.02	2.04	2.12	2.23	2.40	1.91	1.69	1.64	1.75
Depreciation	1.22	1.23	1.26	1.39	1.39	1.42	1.46	1.53	1.61	1.66	1.72	1.75	1.76
Profit before tax	5.58	6.68	1.88	2.14	4.14	1.84	2.07	4.20	3.78	1.51	1.57	2.18	4.75
Tax %	40.68%	22.75%	18.09%	15.42%	20.29%	26.63%	27.05%	24.29%	25.40%	27.15%	27.39%	32.11%	25.68%
Net Profit	3.30	5.16	1.54	1.81	3.30	1.35	1.50	3.18	2.83	1.09	1.14	1.48	3.54
EPS in Rs	2.43	3.79	1.13	1.33	2.43	0.99	1.10	2.34	2.08	0.80	0.84	1.09	2.61

Last Updated: May 31, 2025, 5:31 am

Below is a detailed analysis of the quarterly data for Mitsu Chem Plast Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 90.47 Cr.. The value appears strong and on an upward trend. It has increased from 80.46 Cr. (Dec 2024) to 90.47 Cr., marking an increase of 10.01 Cr..
For Expenses, as of Mar 2025, the value is 82.25 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 74.95 Cr. (Dec 2024) to 82.25 Cr., marking an increase of 7.30 Cr..
For Operating Profit, as of Mar 2025, the value is 8.22 Cr.. The value appears strong and on an upward trend. It has increased from 5.51 Cr. (Dec 2024) to 8.22 Cr., marking an increase of 2.71 Cr..
For OPM %, as of Mar 2025, the value is 9.09%. The value appears strong and on an upward trend. It has increased from 6.85% (Dec 2024) to 9.09%, marking an increase of 2.24%.
For Other Income, as of Mar 2025, the value is 0.04 Cr.. The value appears to be declining and may need further review. It has decreased from 0.06 Cr. (Dec 2024) to 0.04 Cr., marking a decrease of 0.02 Cr..
For Interest, as of Mar 2025, the value is 1.75 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1.64 Cr. (Dec 2024) to 1.75 Cr., marking an increase of 0.11 Cr..
For Depreciation, as of Mar 2025, the value is 1.76 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1.75 Cr. (Dec 2024) to 1.76 Cr., marking an increase of 0.01 Cr..
For Profit before tax, as of Mar 2025, the value is 4.75 Cr.. The value appears strong and on an upward trend. It has increased from 2.18 Cr. (Dec 2024) to 4.75 Cr., marking an increase of 2.57 Cr..
For Tax %, as of Mar 2025, the value is 25.68%. The value appears to be improving (decreasing) as expected. It has decreased from 32.11% (Dec 2024) to 25.68%, marking a decrease of 6.43%.
For Net Profit, as of Mar 2025, the value is 3.54 Cr.. The value appears strong and on an upward trend. It has increased from 1.48 Cr. (Dec 2024) to 3.54 Cr., marking an increase of 2.06 Cr..
For EPS in Rs, as of Mar 2025, the value is 2.61. The value appears strong and on an upward trend. It has increased from 1.09 (Dec 2024) to 2.61, marking an increase of 1.52.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: May 15, 2025, 3:01 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	70	88	89	94	112	125	139	178	258	309	311	332
Expenses	64	81	81	86	103	114	123	155	232	282	286	309
Operating Profit	7	7	8	9	10	11	16	23	26	27	26	23
OPM %	9%	8%	9%	9%	9%	9%	11%	13%	10%	9%	8%	7%
Other Income	1	0	0	0	0	0	0	1	1	0	1	1
Interest	4	5	4	4	4	4	6	6	6	7	9	7
Depreciation	1	2	2	2	2	2	4	4	5	5	6	7
Profit before tax	2	1	3	3	4	4	6	14	16	15	12	10
Tax %	34%	37%	27%	25%	20%	17%	32%	30%	30%	20%	25%	27%
Net Profit	2	1	2	2	3	4	4	10	12	12	9	7
EPS in Rs	27.17	12.67	31.83	2.03	2.63	2.66	2.93	7.12	8.46	8.68	6.51	5.34
Dividend Payout %	20%	32%	37%	0%	6%	6%	6%	2%	2%	2%	3%	4%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	-50.00%	100.00%	0.00%	50.00%	33.33%	0.00%	150.00%	20.00%	0.00%	-25.00%	-22.22%
Change in YoY Net Profit Growth (%)	0.00%	150.00%	-100.00%	50.00%	-16.67%	-33.33%	150.00%	-130.00%	-20.00%	-25.00%	2.78%

Mitsu Chem Plast Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	14%
5 Years:	19%
3 Years:	9%
TTM:	7%

Compounded Profit Growth
10 Years:	25%
5 Years:	13%
3 Years:	-14%
TTM:	-18%

Stock Price CAGR
10 Years:	%
5 Years:	6%
3 Years:	-24%
1 Year:	-20%

Return on Equity
10 Years:	17%
5 Years:	17%
3 Years:	13%
Last Year:	8%

Last Updated: Unknown

Balance Sheet

Last Updated: May 13, 2025, 1:26 pm

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	1	1	1	4	4	4	12	12	12	12	13	14
Reserves	7	7	9	9	18	23	18	28	39	50	67	83
Borrowings	31	39	37	34	34	54	64	64	67	77	80	69
Other Liabilities	6	7	9	9	13	18	14	21	26	38	35	30
Total Liabilities	46	56	56	56	69	99	108	125	144	177	194	195
Fixed Assets	20	21	22	24	26	57	59	60	62	72	87	91
CWIP	0	0	0	0	4	0	0	1	0	10	1	1
Investments	0	0	0	0	0	0	1	1	0	0	0	0
Other Assets	26	34	34	32	40	42	47	63	81	95	106	104
Total Assets	46	56	56	56	69	99	108	125	144	177	194	195

Below is a detailed analysis of the balance sheet data for Mitsu Chem Plast Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, the value is 14.00 Cr.. The value appears strong and on an upward trend. It has increased from 13.00 Cr. (Mar 2024) to 14.00 Cr., marking an increase of 1.00 Cr..
For Reserves, as of Mar 2025, the value is 83.00 Cr.. The value appears strong and on an upward trend. It has increased from 67.00 Cr. (Mar 2024) to 83.00 Cr., marking an increase of 16.00 Cr..
For Borrowings, as of Mar 2025, the value is 69.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 80.00 Cr. (Mar 2024) to 69.00 Cr., marking a decrease of 11.00 Cr..
For Other Liabilities, as of Mar 2025, the value is 30.00 Cr.. The value appears to be improving (decreasing). It has decreased from 35.00 Cr. (Mar 2024) to 30.00 Cr., marking a decrease of 5.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 195.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 194.00 Cr. (Mar 2024) to 195.00 Cr., marking an increase of 1.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 91.00 Cr.. The value appears strong and on an upward trend. It has increased from 87.00 Cr. (Mar 2024) to 91.00 Cr., marking an increase of 4.00 Cr..
For CWIP, as of Mar 2025, the value is 1.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 1.00 Cr..
For Investments, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Other Assets, as of Mar 2025, the value is 104.00 Cr.. The value appears to be declining and may need further review. It has decreased from 106.00 Cr. (Mar 2024) to 104.00 Cr., marking a decrease of 2.00 Cr..
For Total Assets, as of Mar 2025, the value is 195.00 Cr.. The value appears strong and on an upward trend. It has increased from 194.00 Cr. (Mar 2024) to 195.00 Cr., marking an increase of 1.00 Cr..

Notably, the Reserves (83.00 Cr.) exceed the Borrowings (69.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	6	5	14	4	6	18	4	13	7	22	9	15
Cash from Investing Activity +	-4	-3	-4	-4	-7	-30	-8	-7	-3	-27	-12	-8
Cash from Financing Activity +	-1	-2	-5	-6	2	11	3	-5	-2	3	3	-7
Net Cash Flow	0	1	5	-5	1	-1	-0	1	1	-2	-0	-0

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-24.00	-32.00	-29.00	-25.00	-24.00	-43.00	-48.00	-41.00	-41.00	-50.00	-54.00	-46.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	82	83	82	73	71	70	68	75	60	59	56	61
Inventory Days	49	47	57	42	54	56	52	63	86	71	61	80
Days Payable	13	18	19	28	24	20	47	28	40	34	45	42
Cash Conversion Cycle	119	112	120	88	101	106	74	111	106	95	72	100
Working Capital Days	102	99	99	69	77	81	58	72	85	80	68	85
ROCE %	19%	16%	13%	14%	15%	16%	12%	14%	20%	20%	17%	14%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Promoters	73.03%	73.03%	73.03%	73.03%	73.03%	73.03%	73.03%	67.75%	67.75%	67.75%	67.77%	67.77%
DIIs	1.81%	1.07%	1.07%	1.00%	0.38%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	25.17%	25.90%	25.90%	25.97%	26.59%	26.98%	26.97%	32.25%	32.25%	32.25%	32.23%	32.22%
No. of Shareholders	3,542	7,831	8,723	9,245	10,664	11,591	11,386	13,439	13,078	12,794	12,355	12,169

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund.

ROCE / ROE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	7.12	9.78	9.53	8.02	3.29
Diluted EPS (Rs.)	7.10	9.78	9.53	8.02	3.29
Cash EPS (Rs.)	11.60	14.15	13.51	11.68	6.61
Book Value[Excl.RevalReserv]/Share (Rs.)	61.88	51.71	42.17	32.84	25.00
Book Value[Incl.RevalReserv]/Share (Rs.)	61.88	51.71	42.17	32.84	25.00
Dividend / Share (Rs.)	0.20	0.20	0.20	0.20	0.20
Revenue From Operations / Share (Rs.)	242.65	255.93	213.47	147.72	114.76
PBDIT / Share (Rs.)	20.82	22.32	22.22	20.05	13.40
PBIT / Share (Rs.)	16.13	17.95	18.23	16.39	10.08
PBT / Share (Rs.)	9.27	12.29	13.59	11.43	4.82
Net Profit / Share (Rs.)	6.91	9.78	9.53	8.02	3.29
PBDIT Margin (%)	8.58	8.72	10.40	13.57	11.67
PBIT Margin (%)	6.64	7.01	8.53	11.09	8.78
PBT Margin (%)	3.82	4.80	6.36	7.73	4.19
Net Profit Margin (%)	2.84	3.82	4.46	5.43	2.86
Return on Networth / Equity (%)	11.16	18.91	22.58	24.43	13.17
Return on Capital Employeed (%)	18.81	20.24	25.70	25.83	19.15
Return On Assets (%)	4.56	6.66	7.98	7.77	3.69
Long Term Debt / Equity (X)	0.31	0.60	0.56	0.80	0.94
Total Debt / Equity (X)	1.01	1.23	1.32	1.37	1.90
Asset Turnover Ratio (%)	1.68	1.92	1.92	1.54	1.34
Current Ratio (X)	1.20	1.27	1.34	1.25	1.02
Quick Ratio (X)	0.71	0.80	0.84	0.77	0.73
Inventory Turnover Ratio (X)	5.52	6.70	6.41	5.91	6.87
Dividend Payout Ratio (NP) (%)	2.72	2.04	2.10	2.49	5.06
Dividend Payout Ratio (CP) (%)	1.62	1.41	1.48	1.71	2.52
Earning Retention Ratio (%)	97.28	97.96	97.90	97.51	94.94
Cash Earning Retention Ratio (%)	98.38	98.59	98.52	98.29	97.48
Interest Coverage Ratio (X)	3.04	3.94	4.79	4.04	2.55
Interest Coverage Ratio (Post Tax) (X)	2.01	2.73	3.05	2.62	1.63
Enterprise Value (Cr.)	267.24	252.88	367.73	182.34	137.72
EV / Net Operating Revenue (X)	0.85	0.81	1.43	1.02	0.99
EV / EBITDA (X)	10.01	9.38	13.71	7.53	8.51
MarketCap / Net Operating Revenue (X)	0.60	0.56	1.17	0.74	0.59
Retention Ratios (%)	97.27	97.95	97.89	97.50	94.93
Price / BV (X)	2.36	2.82	5.95	3.35	2.74
Price / Net Operating Revenue (X)	0.60	0.56	1.17	0.74	0.59
EarningsYield	0.04	0.06	0.03	0.07	0.04

After reviewing the key financial ratios for Mitsu Chem Plast Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 7.12. This value is within the healthy range. It has decreased from 9.78 (Mar 23) to 7.12, marking a decrease of 2.66.
For Diluted EPS (Rs.), as of Mar 24, the value is 7.10. This value is within the healthy range. It has decreased from 9.78 (Mar 23) to 7.10, marking a decrease of 2.68.
For Cash EPS (Rs.), as of Mar 24, the value is 11.60. This value is within the healthy range. It has decreased from 14.15 (Mar 23) to 11.60, marking a decrease of 2.55.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 61.88. It has increased from 51.71 (Mar 23) to 61.88, marking an increase of 10.17.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 61.88. It has increased from 51.71 (Mar 23) to 61.88, marking an increase of 10.17.
For Dividend / Share (Rs.), as of Mar 24, the value is 0.20. This value is below the healthy minimum of 1. There is no change compared to the previous period (Mar 23) which recorded 0.20.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 242.65. It has decreased from 255.93 (Mar 23) to 242.65, marking a decrease of 13.28.
For PBDIT / Share (Rs.), as of Mar 24, the value is 20.82. This value is within the healthy range. It has decreased from 22.32 (Mar 23) to 20.82, marking a decrease of 1.50.
For PBIT / Share (Rs.), as of Mar 24, the value is 16.13. This value is within the healthy range. It has decreased from 17.95 (Mar 23) to 16.13, marking a decrease of 1.82.
For PBT / Share (Rs.), as of Mar 24, the value is 9.27. This value is within the healthy range. It has decreased from 12.29 (Mar 23) to 9.27, marking a decrease of 3.02.
For Net Profit / Share (Rs.), as of Mar 24, the value is 6.91. This value is within the healthy range. It has decreased from 9.78 (Mar 23) to 6.91, marking a decrease of 2.87.
For PBDIT Margin (%), as of Mar 24, the value is 8.58. This value is below the healthy minimum of 10. It has decreased from 8.72 (Mar 23) to 8.58, marking a decrease of 0.14.
For PBIT Margin (%), as of Mar 24, the value is 6.64. This value is below the healthy minimum of 10. It has decreased from 7.01 (Mar 23) to 6.64, marking a decrease of 0.37.
For PBT Margin (%), as of Mar 24, the value is 3.82. This value is below the healthy minimum of 10. It has decreased from 4.80 (Mar 23) to 3.82, marking a decrease of 0.98.
For Net Profit Margin (%), as of Mar 24, the value is 2.84. This value is below the healthy minimum of 5. It has decreased from 3.82 (Mar 23) to 2.84, marking a decrease of 0.98.
For Return on Networth / Equity (%), as of Mar 24, the value is 11.16. This value is below the healthy minimum of 15. It has decreased from 18.91 (Mar 23) to 11.16, marking a decrease of 7.75.
For Return on Capital Employeed (%), as of Mar 24, the value is 18.81. This value is within the healthy range. It has decreased from 20.24 (Mar 23) to 18.81, marking a decrease of 1.43.
For Return On Assets (%), as of Mar 24, the value is 4.56. This value is below the healthy minimum of 5. It has decreased from 6.66 (Mar 23) to 4.56, marking a decrease of 2.10.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.31. This value is within the healthy range. It has decreased from 0.60 (Mar 23) to 0.31, marking a decrease of 0.29.
For Total Debt / Equity (X), as of Mar 24, the value is 1.01. This value exceeds the healthy maximum of 1. It has decreased from 1.23 (Mar 23) to 1.01, marking a decrease of 0.22.
For Asset Turnover Ratio (%), as of Mar 24, the value is 1.68. It has decreased from 1.92 (Mar 23) to 1.68, marking a decrease of 0.24.
For Current Ratio (X), as of Mar 24, the value is 1.20. This value is below the healthy minimum of 1.5. It has decreased from 1.27 (Mar 23) to 1.20, marking a decrease of 0.07.
For Quick Ratio (X), as of Mar 24, the value is 0.71. This value is below the healthy minimum of 1. It has decreased from 0.80 (Mar 23) to 0.71, marking a decrease of 0.09.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 5.52. This value is within the healthy range. It has decreased from 6.70 (Mar 23) to 5.52, marking a decrease of 1.18.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 2.72. This value is below the healthy minimum of 20. It has increased from 2.04 (Mar 23) to 2.72, marking an increase of 0.68.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 1.62. This value is below the healthy minimum of 20. It has increased from 1.41 (Mar 23) to 1.62, marking an increase of 0.21.
For Earning Retention Ratio (%), as of Mar 24, the value is 97.28. This value exceeds the healthy maximum of 70. It has decreased from 97.96 (Mar 23) to 97.28, marking a decrease of 0.68.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 98.38. This value exceeds the healthy maximum of 70. It has decreased from 98.59 (Mar 23) to 98.38, marking a decrease of 0.21.
For Interest Coverage Ratio (X), as of Mar 24, the value is 3.04. This value is within the healthy range. It has decreased from 3.94 (Mar 23) to 3.04, marking a decrease of 0.90.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 2.01. This value is below the healthy minimum of 3. It has decreased from 2.73 (Mar 23) to 2.01, marking a decrease of 0.72.
For Enterprise Value (Cr.), as of Mar 24, the value is 267.24. It has increased from 252.88 (Mar 23) to 267.24, marking an increase of 14.36.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 0.85. This value is below the healthy minimum of 1. It has increased from 0.81 (Mar 23) to 0.85, marking an increase of 0.04.
For EV / EBITDA (X), as of Mar 24, the value is 10.01. This value is within the healthy range. It has increased from 9.38 (Mar 23) to 10.01, marking an increase of 0.63.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.60. This value is below the healthy minimum of 1. It has increased from 0.56 (Mar 23) to 0.60, marking an increase of 0.04.
For Retention Ratios (%), as of Mar 24, the value is 97.27. This value exceeds the healthy maximum of 70. It has decreased from 97.95 (Mar 23) to 97.27, marking a decrease of 0.68.
For Price / BV (X), as of Mar 24, the value is 2.36. This value is within the healthy range. It has decreased from 2.82 (Mar 23) to 2.36, marking a decrease of 0.46.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.60. This value is below the healthy minimum of 1. It has increased from 0.56 (Mar 23) to 0.60, marking an increase of 0.04.
For EarningsYield, as of Mar 24, the value is 0.04. This value is below the healthy minimum of 5. It has decreased from 0.06 (Mar 23) to 0.04, marking a decrease of 0.02.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Mitsu Chem Plast Ltd as of June 1, 2025 is: 102.53

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of June 1, 2025, Mitsu Chem Plast Ltd is Overvalued by 12.37% compared to the current share price 117.00

Intrinsic Value of Mitsu Chem Plast Ltd as of June 1, 2025 is: 96.80

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of June 1, 2025, Mitsu Chem Plast Ltd is Overvalued by 17.26% compared to the current share price 117.00

Last 5 Year EPS CAGR: -5.59%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 15.83%, which is a positive sign. The company has shown consistent growth in sales (175.42 cr) and profit (7.50 cr) over the years.	The stock has a high average Working Capital Days of 81.25, which may not be favorable. The stock has a high average Cash Conversion Cycle of 100.33, which may not be favorable. The company has higher borrowings (54.17) compared to reserves (29.83), which may suggest financial risk.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Mitsu Chem Plast Ltd:
1. Net Profit Margin: 2.84%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 18.81% (Industry Average ROCE: 16.68%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 11.16% (Industry Average ROE: 12.61%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 2.01
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.71
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 21.8 (Industry average Stock P/E: 37.69)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 1.01
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Mitsu Chem Plast Ltd. is a Public Limited Listed company incorporated on 23/09/1988 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L25111MH1988PLC048925 and registration number is 048925. Currently Company is involved in the business activities of Manufacture of plastic articles for the packing of goods (plastic bags, sacks, containers, boxes, cases, carboys, bottles etc.). Company's Total Operating Revenue is Rs. 332.28 Cr. and Equity Capital is Rs. 13.58 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Plastics - Plastic & Plastic Products	No.329, Gala Complex, 3rd Floor, Mumbai Maharashtra 400080	investor@mitsuchem.com http://www.mitsuchem.com

Management
Name	Position Held
Mr. Jagdish L Dedhia	Chairman & Wholetime Director
Mr. Sanjay M Dedhia	Joint Managing Director
Mr. Manish M Dedhia	Joint Managing Director & CFO
Mr. Dilip K Gosar	Independent Director
Mr. Hasmukh B Dedhia	Independent Director
Ms. Neha S Huddar	Independent Director

FAQ

What is the intrinsic value of Mitsu Chem Plast Ltd?

Mitsu Chem Plast Ltd's intrinsic value (as of 31 May 2025) is ₹102.53 — 12.37% lower the current market price of 117.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 158 Cr. market cap, FY2025-2026 high/low of ₹164/83.2, reserves of 83 Cr, and liabilities of 195 Cr.

What is the Market Cap of Mitsu Chem Plast Ltd?

The Market Cap of Mitsu Chem Plast Ltd is 158 Cr..

What is the current Stock Price of Mitsu Chem Plast Ltd as on 31 May 2025?

The current stock price of Mitsu Chem Plast Ltd as on 31 May 2025 is 117.

What is the High / Low of Mitsu Chem Plast Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Mitsu Chem Plast Ltd stocks is ₹164/83.2.

What is the Stock P/E of Mitsu Chem Plast Ltd?

The Stock P/E of Mitsu Chem Plast Ltd is 21.8.

What is the Book Value of Mitsu Chem Plast Ltd?

The Book Value of Mitsu Chem Plast Ltd is 71.4.

What is the Dividend Yield of Mitsu Chem Plast Ltd?

The Dividend Yield of Mitsu Chem Plast Ltd is 0.17 %.

What is the ROCE of Mitsu Chem Plast Ltd?

The ROCE of Mitsu Chem Plast Ltd is 10.4 %.

What is the ROE of Mitsu Chem Plast Ltd?

The ROE of Mitsu Chem Plast Ltd is 8.22 %.

What is the Face Value of Mitsu Chem Plast Ltd?

The Face Value of Mitsu Chem Plast Ltd is 10.0.