Vijay Singh
Mumbai (Maharashtra) [India], August 12: Mitsu Chem Plast Limited (BSE: 540078), a leading certified manufacturer of polymer-based molded products, has announced a further expansion of its manufacturing capacity by 3,550 MT/Year. The capacity addition is aimed at supporting the Company’s sustained growth, product diversification, and ability to meet increasing customer demand.
Key Highlights of the Capacity Addition:
- Existing manufacturing capacity: 32,450+ MT/Year
- Existing capacity utilization: 64% for the year ended March 31, 2026
- Proposed capacity addition: 3,550 MT/Year
Expanding Capacity to Support Sustainable Growth:
The proposed capacity addition marks another important step in Mitsu Chem Plast’s ongoing expansion strategy. By increasing its manufacturing capacity, the Company aims to strengthen its ability to cater to growing demand across its diversified customer base and support its long-term growth plans.
With existing capacity utilization at 64%, the planned expansion will provide additional manufacturing headroom, enabling the Company to respond efficiently to increasing market requirements while supporting opportunities for product diversification. The investment in new machinery is expected to enhance the Company’s manufacturing capabilities and strengthen its operational platform.
The capacity addition will further enable Mitsu Chem Plast to serve its OEM customers across sectors including chemical, pharmaceutical, agrochemical, healthcare, infrastructure and allied industries, while supporting the Company’s focus on delivering quality products and meeting evolving customer requirements.
Commenting on this expansion, Mr. Sanjay Dedhia, Managing Director of Mitsu Chem Plast Limited, said, “We are pleased to further expand our manufacturing capacity by approximately 3,550 MT/Year. This expansion reflects our continued focus on proactive capacity planning and our confidence in the long-term demand outlook across the markets we serve. The additional capacity will strengthen our ability to meet customer requirements, support product diversification, and create opportunities for sustainable growth.
As we continue to expand our manufacturing footprint, we remain focused on strengthening our capabilities across key product segments and deepening relationships with our OEM customers. We believe this expansion will provide a stronger platform to capture emerging opportunities, improve responsiveness, and support consistent, profitable growth over the long term.”
About Mitsu Chem Plast Limited
Mitsu Chem Plast Limited is a leading player in India’s plastic-processing industry with 35+ years of experience, specializing in blow molding, injection molding and custom molding to develop high-quality and customized plastic solutions. The Company operates four manufacturing facilities in Maharashtra, with an installed capacity of 32,450+ MT per annum, supported by 53 blow molding machines and 22 injection molding machines.
The Company offers a diversified product portfolio spanning Molded Industrial Packaging, Hospital Furniture Parts, Infrastructure & Other Products, serving industries including pharmaceuticals, chemicals, food, automotive, healthcare, agrochemicals, cosmetics, edible oils, specialty chemicals, and FMCG. Its capabilities extend from industrial containers and packaging components to customized furniture parts, hospital bed components, and specialized healthcare products.
Mitsu Chem Plast caters to a diverse customer base of 700+ customers, including 30+ Fortune 500 companies in India, and has an export presence across 17 countries. The Company also operates a dedicated depot in Hyderabad to serve customers in South India and works with distributors to cater to customers in North India.
The Company continues to expand its product portfolio, including pail containers and GL 45 caps, while strengthening its presence in healthcare through its dedicated Furnastra brand for hospital furniture parts.
In FY26, Mitsu Chem Plast reported Total Income of ₹ 35,084.56 Lakhs, with an EBITDA of ₹ 3,466.31 Lakhs and a Net Profit of ₹ 1,561.87 Lakhs.
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