Earnings Call Transcript of Conference Call with Investors and Analysts held on November 07, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mitsu Chem Plast reported Q2 FY26 total income of Rs. 92.56 crore (up 13.63% YoY) with EBITDA of Rs. 5.88 crore (up 24.13%) and net profit of Rs. 1.88 crore (up 65.72%). H1 FY26 revenue stood at Rs. 177.96 crore (up 9.95% YoY) with net profit of Rs. 3.20 crore (up 43.65%). EBITDA margins remained thin at 6.13-6.37%, an improvement of 21-53 basis points YoY. Management reiterated its Rs. 1,000 crore revenue target by FY 2028 but offered limited specifics on the roadmap. Volume growth target for FY26 is 15-20%, while value-added products (mainly Furnastra hospital furniture) are targeted to grow from ~15% to 20% of revenue mix. Capacity utilisation stands at ~70%, with two new machines recently added.
Positive momentum on revenue and profit growth, but thin margins remain a key concern that management struggled to address convincingly. Investors may await clearer visibility on the path to the Rs. 1,000 crore target and margin recovery before taking a constructive view.