Updated Earnings Release for the quarter and year ended March 31, 2026
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Mitsu Chem Plast filed a corrigendum correcting a typographical error in its Q4 FY26 earnings release - amounts previously labelled as 'Crores' should be read as 'Lakhs'. All figures and content otherwise remain unchanged. The company reported strong profitability with Q4 net profit of ₹771.73 Lakhs, up 117.90% year-over-year, while EBITDA surged 72.98% to ₹1,422.74 Lakhs with margin expansion of 736 basis points to 16.45%. For the full year FY26, total income grew 5.40% to ₹35,084.56 Lakhs, but net profit more than doubled, rising 115.40% to ₹1,561.87 Lakhs. The company expanded installed capacity to ~29,900+ MT per annum and entered a global supplier agreement with Arjohuntleigh Polska for healthcare products.
Despite a minor 4.10% decline in Q4 total income, the massive jump in profitability reflects improved operational efficiency and margin expansion, which should be viewed positively by shareholders. The significant profit growth substantially outpacing revenue growth signals strong cost control and higher value-added product mix.