What we do Mitsu Chem Plast Ltd manufactures plastic blow-molded, injection-molded, and custom molded polymer products serving packaging, healthcare, automotive, infrastructure, and lifestyle sectors. |
Founded in 1,988 |
Market share Among leading Indian manufacturers with 29,000+ MTPA capacity, strong presence in industrial packaging and hospital furniture segments, serving 500+ customers domestically and globally. |
Problem solved Provides durable, quality plastic products and industrial packaging solutions addressing needs in healthcare, automotive, and infrastructure industries. |
Top clients or who we serve Serves diverse sectors including pharmaceuticals, agrochemicals, FMCG, healthcare, automotive, and food industries (B2B focus). |
Key management Mr. Jagdish Dedhia (Chairman & Whole-time Director), Mr. Sanjay Dedhia (Managing Director, Marketing & Development), Mr. Manish Dedhia (Managing Director & CFO). |
Our journey and innovations Founded in 1988, listed in 2016, expanded capacity and product range, acquired Shree Rubberplast in 2017, launched hospital furniture brand Furnastra and new products like PAILS. |
Where we operate Operations primarily in India with manufacturing units in Maharashtra, exports to 17 countries including Saudi Arabia, UK, USA, Germany, and UAE. |
Top products or what we offer Industrial packaging containers, hospital furniture parts under Furnastra brand, automotive components, and custom molded plastic solutions. |
Top brands Furnastra (hospital furniture), Raksha series (hospital bed parts), PAILS (new product line launched in 2023). |
Raw materials needed Polymer resins such as HDPE, PP, filled polypropylene, nylon, and ABS essential for manufacturing. |
Raw materials supplier Suppliers include major polymer manufacturers though specific names are not disclosed. |
Recurring vs cyclical contribution Revenue largely recurring from industrial packaging and hospital furniture segments, with some cyclical demand in automotive sectors. |
Our industry position Market leader in polymer molding for packaging and healthcare in India with strong export growth and technological certifications. |
Financial highlights FY25 revenue ₹332.28 Cr, net profit ₹7.25 Cr; steady revenue growth with EBITDA margins around 7%, focused on profitability and expansion. |
Geographical revenue split Domestic sales dominate with increasing export revenues to 17 countries contributing significantly. |
Order book - |
Whats driving growth Product innovation, capacity expansion, new hospital furniture brand launch, export market growth, and sustainability initiatives drive growth. |
Our future plans Aim ₹1000 Cr revenue by FY28 through expanding healthcare furniture, operational efficiency, enhanced marketing, and product innovation. |
Our green promise Strong ESG focus with ISO 14001 and 45001 certifications, efforts in energy conservation, waste reduction, water management, and sustainable practices. |
Our people and values Employs 1000+ professionals fostering innovation, quality, customer satisfaction, employee welfare, and inclusive workplace culture. |
Key challenges ahead Raw material price volatility, competitive market pressures, technological adaptation, and maintaining sustainable growth. |
Interesting facts First Indian company in its segment with GRI-compliant sustainability report and multiple awards for environment and innovation. |
Risks and strategy Mitigates risks through diversification, innovation, capacity upgrades, and strong governance ensuring compliance and financial discipline. |
