Capacity Addition to existing Operational Capacity
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Awaiting price reaction for this filing.
Mitsu Chem Plast plans to add about 655 MT per year to its existing capacity of 28,424 MT/year (FY26), roughly a 2.3% increase. The addition is scheduled to come onstream in November 2025 itself. The company will invest ₹85 lakhs in new machinery, funded entirely through internal accruals with no debt involved. Current plant utilisation stood at 63% as of June 2025. The company says the move is aimed at sustaining growth, meeting rising market demand, and serving customers better.
This is a small, low-cost expansion funded internally, so it is unlikely to move the stock significantly. It signals steady but modest capacity growth, leaving room for further expansion given that over a third of current capacity is still unutilised.