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Mitsu Chem Plast share price

Mitsu Chem Plast Ltd.

BSE: 540078 SECTOR: Plastic Products  15k   44   7

146.10
-2.90 (-1.95%)
BSE: 28 Mar 4:00 PM

Price Summary

Today's High

₹ 151.65

Today's Low

₹ 145

52 Week High

₹ 222.24

52 Week Low

₹ 136.08

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

198.43 Cr.

Enterprise Value

275.41 Cr.

No. of Shares

1.36 Cr.

P/E

21.27

P/B

2.21

Face Value

₹ 10

Div. Yield

0.14 %

Book Value (TTM)

₹  66.22

CASH

0.11 Cr.

DEBT

77.09 Cr.

Promoter Holding

73.03 %

EPS (TTM)

₹  6.87

Sales Growth

19.89%

ROE

20.83 %

ROCE

16.82%

Profit Growth

2.65 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year19.89%
3 Year30.65%
5 Year22.44%

Profit Growth

1 Year2.65%
3 Year43.74%
5 Year27.73%

ROE%

1 Year20.83%
3 Year24.66%
5 Year20.57%

ROCE %

1 Year16.82%
3 Year18.9%
5 Year16.57%

Debt/Equity

1.2349

Price to Cash Flow

9.02

Interest Cover Ratio

3.17032203315434

CFO/PAT (5 Yr. Avg.)

1.58197149760836

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 73.03 0
Sep 2023 73.03 0
Jun 2023 73.03 0
Mar 2023 73.03 0
Dec 2022 73.03 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 43.7367229012754% for the Past 3 years.
  • The company has shown a good revenue growth of 30.648968286825% for the Past 3 years.
  • Company has been maintaining healthy ROE of 24.6584034407464% over the past 3 years.
  • The company has an efficient Cash Conversion Cycle of 54.265174408188 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.58197149760836.
  • The company has a high promoter holding of 73.03%.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 71.64 83.2 79.72 75.78 73.47
Total Expenditure 66.39 75.62 74.69 70.36 65.77
Operating Profit 5.25 7.58 5.03 5.42 7.7
Other Income 0.01 -0.03 0.27 0.23 0.26
Interest 1.73 2.02 2.04 2.12 2.23
Depreciation 1.39 1.39 1.42 1.46 1.53
Exceptional Items 0 0 0 0 0
Profit Before Tax 2.14 4.13 1.84 2.07 4.2
Tax 0.33 0.84 0.49 0.57 1.02
Profit After Tax 1.81 3.3 1.35 1.5 3.18
Adjusted EPS (Rs) 1.46 2.65 1.08 1.21 2.56

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 124.76 138.55 178.33 257.72 308.97
Total Expenditure 114.21 122.69 155.25 232.04 283.65
Operating Profit 10.55 15.86 23.09 25.68 25.33
Other Income 0.26 0.32 1.11 1.15 1.62
Interest 4.03 6.35 5.99 5.6 6.83
Depreciation 2.45 4.01 4.42 4.82 5.28
Exceptional Items 0 0 0 0 0
Profit Before Tax 4.32 5.82 13.8 16.41 14.83
Tax 0.73 1.84 4.11 4.91 3.03
Net Profit 3.59 3.98 9.69 11.5 11.8
Adjusted EPS (Rs.) 2.89 3.2 7.79 9.25 9.5

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 4.02 12.07 12.07 12.07 12.07
Total Reserves 22.53 18.1 27.58 38.84 50.35
Borrowings 27.54 28.45 31.96 28.55 37.64
Other N/C liabilities 4.67 4.88 4.97 6.14 6.96
Current liabilities 40.61 45.08 50.43 62.39 73.52
Total Liabilities 99.37 108.59 127.01 148 180.54
Assets
Net Block 56.55 59.28 60.31 62.3 72.13
Capital WIP 0 0.01 0.69 0.22 9.86
Intangible WIP 0.21 0.4 0 0 0
Investments 0.36 0.88 0.76 0.32 0.01
Loans & Advances 1.84 2.16 3.04 1.27 5.22
Other N/C Assets 0 0 0 1.45 1.24
Current Assets 40.41 45.86 62.21 82.45 92.08
Total Assets 99.37 108.59 127.01 148 180.54
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 4.32 5.82 13.8 16.41 14.83
Adjustment 6.14 9.94 9.42 9.19 11.31
Changes in Assets & Liabilities 8.16 -10.35 -7.64 -15.43 -0.55
Tax Paid -0.69 -1.02 -2.41 -3.5 -3.6
Operating Cash Flow 17.93 4.4 13.17 6.67 21.99
Investing Cash Flow -30 -7.69 -7.8 -3.41 -27.43
Financing Cash Flow 11.1 3.26 -5.37 -1.86 3.4
Net Cash Flow -0.97 -0.03 0 1.4 -2.03

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 73.03 73.03 73.03 73.03 73.03
ameeta jagdish dedhia 4.11 4.11 4.11 4.11 4.11
jagdish dedhia 10.50 10.50 10.50 10.50 10.50
jalpa manish dedhia 0.73 0.73 0.73 0.73 0.73
jigna sanjay dedhia 4.07 4.07 4.07 4.07 4.07
lilavati mavji dedhia 14.61 14.61 14.61 14.61 14.61
manish mavji dedhia 13.87 13.87 13.87 13.87 13.87
sanjay mavji dedhia 10.54 10.54 10.54 10.54 10.54
vimlaben liladhar dedhia 14.61 14.61 14.61 14.61 14.61
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 26.97 26.97 26.97 26.97 26.97
chandrakant vallabhaji go... 1.64 1.64 1.64 1.62 1.25
jaya chandrakant gogri 3.94 3.94 3.94 3.94 3.72

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Mitsu Chem Plast informs about press release 6 Mar 2024, 2:17PM Mitsu Chem Plast informs about general updates6 Mar 2024, 12:52PM Mitsu Chem Plast informs about revised investor presentation22 Feb 2024, 4:53PM Mitsu Chem Plast informs about press release 19 Feb 2024, 12:40PM Mitsu Chem Plast unveils innovative packaging solution ‘MiEcoPET’19 Feb 2024, 12:27PM Mitsu Chem Plast informs about updates 19 Feb 2024, 10:14AM Mitsu Chem Plast informs about product launch19 Feb 2024, 10:13AM Mitsu Chem Plast submits analyst meet intimation5 Feb 2024, 12:32PM Mitsu Chem Plast - Quaterly Results3 Feb 2024, 1:00PM Mitsu Chem Plast - Quaterly Results3 Feb 2024, 1:00PM Mitsu Chem Plast - Quaterly Results3 Feb 2024, 1:00PM Mitsu Chem Plast - Quaterly Results30 Oct 2023, 7:38PM Mitsu Chem Plast - Quaterly Results30 Oct 2023, 7:38PM Mitsu Chem Plast submits analyst meet intimation26 Oct 2023, 4:30PM Mitsu Chem Plast informs about newsletter of company23 Oct 2023, 5:00PM Mitsu Chem Plast - Quaterly Results7 Aug 2023, 7:13PM Mitsu Chem Plast - Quaterly Results7 Aug 2023, 7:13PM Mitsu Chem Plast submits board meeting intimation29 Jul 2023, 12:56PM Mitsu Chem Plast informs about press release25 Jul 2023, 2:43PM Mitsu Chem Plast informs about closure of trading window28 Jun 2023, 5:03PM Mitsu Chem Plast informs about press release17 May 2023, 2:31PM Mitsu Chem Plast - Quaterly Results15 May 2023, 8:17PM Mitsu Chem Plast - Quaterly Results15 May 2023, 8:17PM Mitsu Chem Plast submits board meeting intimation 6 May 2023, 11:09AM Mitsu Chem Plast informs about closure of trading window28 Mar 2023, 2:22PM Mitsu Chem Plast - Quaterly Results9 Feb 2023, 8:24PM Mitsu Chem Plast - Quaterly Results9 Feb 2023, 8:24PM Mitsu Chem Plast informs about board meeting 1 Feb 2023, 12:17PM Mitsu Chem Plast - Quaterly Results10 Nov 2022, 6:59PM Mitsu Chem Plast informs about resignation of CS cum CO31 Oct 2022, 4:44PM Mitsu Chem Plast launches new product to drive future growth6 Oct 2022, 4:55PM Mitsu Chem Plast informs about closure of trading window 27 Sep 2022, 12:27PM Mitsu Chem Plast informs about annual report and AGM 27 Aug 2022, 3:03PM Mitsu Chem Plast - Quaterly Results9 Aug 2022, 8:33PM Mitsu Chem Plast - Quaterly Results9 Aug 2022, 8:33PM Mitsu Chem Plast files Rs 125 crore FPO papers with SEBI 19 Jul 2022, 1:04PM Mitsu Chem Plast files Rs 125 crore FPO papers with SEBI 19 Jul 2022, 1:04PM Mitsu Chem Plast informs about outcome of board meeting6 Jul 2022, 9:49AM Mitsu Chem Plast informs about investor presentation2 May 2022, 2:46PM Mitsu Chem Plast informs about earnings release2 May 2022, 1:10PM Mitsu Chem Plast - Quaterly Results30 Apr 2022, 5:03PM Mitsu Chem Plast - Quaterly Results30 Apr 2022, 5:03PM Mitsu Chem Plast informs about trading window closure31 Mar 2022, 4:49PM Mitsu Chem Plast informs about newspaper advertisements24 Mar 2022, 4:02PM Mitsu Chem Plast informs about proceedings of postal ballot23 Mar 2022, 3:55PM Mitsu Chem Plast gets nod to raise Rs 200 crore 16 Feb 2022, 9:24AM Mitsu Chem Plast - Quaterly Results1 Feb 2022, 8:53PM Mitsu Chem Plast - Quaterly Results1 Feb 2022, 8:53PM Mitsu Chem Plast informs about clarification on price movement30 Dec 2021, 4:50PM Mitsu Chem Plast informs about outcome of AGM17 Sep 2021, 5:33PM

Mitsu Chem Plast Stock Price Analysis and Quick Research Report. Is Mitsu Chem Plast an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Mitsu Chem Plast has a PE ratio of 21.2722587032804 which is high and comparatively overvalued .

  • Share Price: - The current share price of Mitsu Chem Plast is Rs 146.1. One can use valuation calculators of ticker to know if Mitsu Chem Plast share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Mitsu Chem Plast has ROA of 7.18627542295754 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Mitsu Chem Plast has a Current ratio of 1.2524817659237 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Mitsu Chem Plast has a ROE of 20.8303482253459 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Mitsu Chem Plast has a D/E ratio of 1.2349 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Mitsu Chem Plast has an Inventory turnover ratio of 10.0692357829558 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Mitsu Chem Plast has reported revenue growth of 19.8890178416566 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Mitsu Chem Plast for the current financial year is 8.19711659052771 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Mitsu Chem Plast is Rs 0.2 and the yield is 0.137 %.

Last Updated on:
Brief about Mitsu Chem Plast
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