Mitsu Chem Plast Ltd · BSE:MITSU
Mitsu Chem Plast — Q2 FY25 Earnings Presentation
61 slides from Mitsu Chem Plast's earnings presentation, Oct 29, 2024
Slide 1: Cover letter to BSE for Investor Presentation
Date: October 29, 2024 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street Mumbai- 400001 Scrip Code: 540078 Dear Sir/Madam, Sub: Investor Presentation for Q2 FY 2024-25 Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulatio
Slide 2: Empowering Sustainable Future Through Innovation
Empowering Sustainable Future Through Innovation Q2 FY25 Investor Presentation Company Overview ‹#›
Slide 3: Safe Harbour Statement
Safe Harbour Statement This presentation and the accompanying slides (the “Presentation”), which have been prepared by Mitsu Chem Plast Limited (Mitsu Chem Plast, The Company) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for a
Slide 4: Company Overview
Company Overview Company Overview ‹#›
Slide 5: Introduction to Mitsu Chem Plast Limited
Introduction to Mitsu Chem Plast Limited: A Leading Player in Plastic Manufacturing Empowering Sustainable Future Through Innovation • Mitsu Chem Plast Limited (Mitsu Chem Plast, The Company) is a prominent player in the plastic manufacturing industry, specializing in Blow Molded and Injection Molde
Slide 6: Key Facts about Company
Introduction to Mitsu Chem Plast Limited: A Leading Player in Plastic Manufacturing Key Facts about Company 3 Installed Manufacturing 500+ SKU’s Capacity of Facilities 28,000 Approx. 18 500+ More than 30+ are Injection Molding Customers fortune (India) Machines clients FY24 50 500+ Revenue: 311.25 C
Slide 7: Evolution And Growth: The Journey Of Mitsu Chem Plast Limited
Evolution And Growth: The Journey Of Mitsu Chem Plast Limited NOCIL (Reliance)Acquired Unit I Business, Plant And IPO & Listing on Started. Machinery. BSE SME Platform. 1990 2008 2016 2006 2015 2017 Unit II Received the certificate of Acqusition of plant and machinery, Started. conformity for Spine
Slide 8: Evolution And Growth: The Journey Of Mitsu Chem Plast Limited
Evolution And Growth: The Journey Of Mitsu Chem Plast Limited Mitsu successfully completed Migrated to Main Board of BSE from Increased installed capacity of Unit III its Rights Issue, significantly BSE SME.Received Registration of from 10,872 MTPA to 13,179 MTPA. oversubscribed, and allotted design
Slide 9: Commitment To Excellence: Core Values And Principles
Commitment To Excellence: Mitsu Chem Plast's Core Values And Principles The way of life at Mitsu Chem Plast, is inspired and guided by its seven Core Values, values that have been inculcated in every member, and today forms a performance mapping standard within the company at all levels of operation
Slide 10: Strengths and Competitive Advantages
Strengths and Competitive Advantages Out Of The Box In House R&D Thinking Department Value Creation By Conceptualization Reverse Engineering To Final Product Capability To Handle Pp, Pe, Continuous Innovation Hdpe, Nylon & Abs For Diverse Product Range Strong Consultative Approach Client Relationshi
Slide 11: Versatile Manufacturing Capabilities
Versatile Manufacturing Capabilities Blow Molding Injection Molding Custom Molding HDPE, PP, Filled PP HDPE, PP, Filled PP PE, PP, Filled PP Pharma, Chemical, Pharma, Chemical, Pharma, Automotive, Food, Flavor & Fragrances, Food, Agrochemicals, Hospital Bed Parts, Automotive, Health care, Health car
Slide 12: Diverse Client Base And Strong Customer Relationships
Mitsu Chem Plast Limited's Diverse Client Base And Strong Customer Relationships
Slide 13: Strategically Located Manufacturing Facilities
Strategically Located Manufacturing Facilities Unit 1 Unit 2 Unit 3 20,000 Sq.Ft. 36,000 Sq.Ft. 96,000 Sq.Ft. Tarapur Tarapur Khalapur (Maharashtra) (Maharashtra) (Maharashtra) Mitsu Chem Plast has a depot to cater the clients of North & South India, respectively. Delhi Hyderabad
Slide 14: State Of The Art Infrastructure
State Of The Art Infrastructure 50 Blow Molding Machines 18 Injection Molding Machines 28,000 Approx. Metric Tonnes per annum Installed Capacity
Slide 15: Well Certified Plant Integrated Management system
Well Certified Plant CE Marking TFS Marking UN Certified PESO Certified Integrated Management system ISO 9001:2015 ISO 13485:2016 ISO 14001:2015 ISO 45001:2018 (QMS) (MDQMS) (EMS) (OHSMS) Quality Environment Safety Quality
Slide 16: All Plants Are Well Equipped With Testing Equipments
All Plants Are Well Equipped With All Types Of Testing Equipments Visual Test Dimension Test Melt Flow Index Closure Leakage Testing Drop Testing Fitment Test
Slide 17: Global Engagement and Impact: Mitsu at Medica Düsseldorf
Global Engagement and Impact: Mitsu at Medica Düsseldorf Mitsu Chem Plast Limited at Medica Event in Germany , Hosted by Messe. We’re thrilled to celebrate the success of this fantastic event! A heartfelt thank you to everyone who visited our booth and made it truly memorable. Your support fuels our
Slide 18: Global Engagement and Impact: Mitsu at Arab Health 2024
Global Engagement and Impact: Mitsu at Arab Health 2024 Mitsu Chem Plast Limited at Arab Health Event in Dubai, Hosted by Informa Market Arab Health Exhibition was a successful four-day event for Mitsu! We are grateful for the valuable connections we made with leaders in the hospital industry. This
Slide 19: Global Engagement and Impact: Mitsu at Hospitalar, Brazil
Global Engagement and Impact: Mitsu at Hospitalar, Brazil Mitsu Chem Plast Limited st the Hospitalar Event in Brazil, hosted by Informa Markets. Mitsu played a key role in delving into the forefront of healthcare innovations and cultivating global connections. The company's engagement centered aroun
Slide 20: Domestic Engagement and Impact
Domestic Engagement and Impact: Mitsu at India Health, Delhi Mitsu at Chemprotech, Mumbai Mitsu had fantastic exhibition in Delhi, where we proudly showcased The participation in the event generated numerous inquiries , our healthcare products. The event provided an excellent showcasing the signific
Slide 21: Domestic Engagement and Impact
Domestic Engagement and Impact: Mitsu at Medicall, Delhi Mitsu at Medicall, Chennai Following our impactful participation at the Chennai event, Mitsu The event sparked a multitude of inquiries, underscoring the had a fantastic exhibition in Delhi, where we proudly showcased our profound impact of Mi
Slide 22: Together for Sustainable Future
Together for Sustainable Future A Commitment to Sustainability and Environmental Responsibility o Our collaborative efforts will determine the well-being of our planet and subsequent generations. o Sustainability is not just a buzzword ; it is a business imperative. o We can build a more resilient a
Slide 23: ESG Initiatives for a Responsible Future
Environmental, Social, and Governance (ESG) Initiatives for a Responsible Future Green Initiatives The Company recognizes the need to transform and adapt to changes around it for a better and sustainable tomorrow. With increased focus to go green, we at Mitsu Chem Plast are striving to choose sustai
Slide 24: Nurturing Health, Sustainability, and Safety Culture
Mitsu Chem Plast: Nurturing Health, Sustainability, and Safety Culture Mitsu Chem Plast Ltd and Rotary Green Commitment: HMEL Creating Safe Spaces: POSH Club of Navi Mumbai Join Hands Together for Sustainability Team's Plant Visit at Mitsu Training at Mitsu for a Blood Donation Mitsu’s employees, as
Slide 25: ESG Initiatives for a Responsible Future
Environmental, Social, and Governance (ESG) Initiatives for a Responsible Future Post Consume Resin Tree plantation: Save Power Optimization tree save environment Envirocare Green Award (PCR) Facility Mitsu Chem Plast Mitsu Chem Plast Limited has PCR (Post-Consumer Resin) is We use LED lights, servo
Slide 26: Commitment To Sustainable Impact And Community Engagement (CSR)
Commitment To Sustainable Impact And Community Engagement (CSR) During the year 2023-24, Mitsu Chem Plast made a notable contribution towards a Corporate Social Responsibility. Promotion of Promotion of Health Promotion of Healthcare - Women's Promotion of Sports Promotion Of Sports Promotion of Hea
Slide 27: CSR initiative for Rural Area Development Project
CSR initiative for Rural Area Development Project Mitsu has undertaken a significant CSR initiative to promote water conservation in Kutch village, Gujarat. This project focuses on constructing rainwater harvesting systems, restoring traditional water bodies, and implementing sustainable irrigation
Slide 28: Green Achievements 2022-23 And Targets Ahead
Green Achievements 2022-23 And Targets Ahead Targets and Goals in future Targets achieved till now Carbon intensity (scope 1 and 2 emissions) increased by 14.91% in 2023-24. Carbon intensity Energy and Carbon (scope 1 and 2 emissions) increased by 14.91% in 2023-24. This rise was driven by the intro
Slide 29: Green Achievements 2022-23 And Targets Ahead
Green Achievements 2022-23 And Targets Ahead 260.36 250.80 237.69 216.44 218.07 213.36 123.45 118.05 115.92 77.92 46.98 54.00 40.18 46.05 28.22 Above Figures are in crore of turnover (GJ/ ₹ Cr)
Slide 30: Management Overview
Management Overview Company Overview ‹#›
Slide 31: Eminent Board of Directors
Eminent Board of Directors Mr. Jagdish Dedhia Mr. Sanjay Dedhia Mr. Manish Dedhia Chairman & Whole Time Director Joint Managing Director Joint Managing Director & Chief Financial Officer With over 30 years of experience in the plastic With over 20 years of experience in the plastic With over two dec
Slide 32: Management Supported By Well Experienced Professional Team
Management Supported By Well Experienced Professional Team Board Of Director Mr. Sanjay Dedhia Mr. Jagdish Dedhia Mr. Manish Dedhia (Joint Managing Director) (Chairman & Whole Time Director) (Joint Managing Director & Marketing & Product Development Production Chief Financial Officer) Ms. Khushboo D
Slide 33: Business Overview
Business Overview Company Overview ‹#›
Slide 34: Products at a Glance
Products at a Glance Mitsu Chem Plast posses strong capabilities in Injection Molding, Blow Molding and Custom Molding through product innovation and value engineering, the company has set new benchmarks in offering quality products and highest customer satisfaction, which has made the ‘Mitsu’ Brand
Slide 35: Extensive Range of High-Quality Products
Extensive Range of High-Quality Products : Diverse and Superior Packaging Solutions Offering the widest range of Industrial Containers, ranging from 100 ML to 250 LTRS
Slide 36: Latest Product Launches and Expansion of Product Portfolio
Latest Product Launches and Expansion of Product Portfolio GL 45 Caps Pail containers TSV Caps
Slide 37: Wide Spectrum of Client Industries
Wide Spectrum of Client Industries Flavor & Veterinary Pharmaceuticals Food Chemicals Fragrances Specialty Agrochemicals FMCG Chemicals Chemicals Cosmetics Lube Oil Pesticides Edible Oil
Slide 38: Pioneers In Hospital Bed & Ancillary Furniture
Pioneers In Hospital Bed & Ancillary Furniture Over Bed Table Top Bed Side Locker Hospital Bed Patented Solution For CPR Emergencies Parts Furniture Parts Innovative concept of inbuilt CPR profile on the backside of the bow for CPR emergencies Rescue & Safety Equipment
Slide 39: Hospital Furniture Parts
Hospital Furniture Parts MICHI- M4 HEAD/FOOT BOW MIJU- MINANA- M10 M1 HEAD/FOOT BOW M7 HEAD/FOOT BOW MSR2 HEAD SIDE RAILINGS MIGO- MIROKU- MINANA- M9 MINI- M5 HEAD/FOOT BOW MSR1 SIDE RAILINGS MSR2 LEG SIDE RAILINGS M2 HEAD/FOOT BOW MISAN- MIKU- MIHICHI- MIJUSAN- MSR-5 M3 HEAD/FOOT BOW M6 HEAD/FOOT B
Slide 40: Hospital Bed Parts
Hospital Bed Parts
Slide 41: Mattress Platform Features
Mattress Platform Features o 4 section mattress platform for hospital beds o Easy to clean/wash o Easy to assemble o Lightweight but very sturdy Bed Board Bed Board Plank Liners o Modular system enables time saving during bed manufacturing o Suitable for bed size 2,270*942mm Top View Bottom View o X
Slide 42: Customized Furniture Solution Provider
Customized Furniture Solution Provider Impressive aesthetics, robust design and durability has helped growth in this niche business sections Plastic Chair Parts Plastic Baby car Seat Shell Plastics Corner Support Cap Plastics Stadium Seat Front Cap Bus seat
Slide 43: Expertise in Custom Molded Components and Fuel Tank Assemblies
Expertise in Custom Molded Components and Fuel Tank Assemblies Impressive aesthetics, robust design and durability has helped growth in this niche business sections
Slide 44: Injection Molding Offerings
Injection Molding Offerings Significant Capabilities In Injection Molding Ranging From 60 Tones To 450 Tones Caps Pragnancy Test Handle & Lugs Blue Spoon HIV Test Casette Bungs Saridon Box Inhaler
Slide 45: Industry Overview
Industry Overview Company Overview ‹#›
Slide 46: Insights into the Plastic Molding Industry
Insights into the Plastic Molding Industry The demand for molded plastics is projected to increase significantly due to the extensive expansion and development in the Construction, Automotive, And Packaging Sectors. The Indian plastic The "Make in India," "Skill processing industry India," "Swachh B
Slide 47: Insights Into The Plastic Molding Industry
Insights Into The Plastic Molding Industry Blow Molded Plastics 6.98% • The Indian blow molded plastics market is expected to experience a significant growth rate. 6.19% • It is projected to grow at a CAGR of 6.19%, reaching ₹49,96,01,840.82 Lakhs. • In terms of volume, it is anticipated to grow at
Slide 48: Financial Overview
Financial Overview Company Overview ‹#›
Slide 49: Quarterly Performance Highlights YoY
Quarterly Performance Highlights YoY All Figures In ₹ Cr EBITDA Net Profit Total Income 5.42 1.50 81.46 4.74 76.00 1.14
Slide 50: Last Five Quarter Performance
Last Five Quarter Performance In ₹ Cr Particulars Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Revenues 81.22 80.13 82.27 73.47 75.78 Other Income 0.24 0.27 0.28 0.26 0.23 Total Income 81.46 80.40 82.55 73.73 76.01 Expenses 76.48 75.32 74.75 65.77 70.36 EBITDA 4.74 4.81 7.52 7.70 5.42 EBITDA Margin 5.82%
Slide 51: Key Financials
Key Financials All Figures In ₹ Cr Total Income EBITDA & EBITDA Margin PAT & PAT Margin PAT MARGIN EBITDA MARGIN 11.80 11.50 26.60 309.33 312.28 25.68 25.67 9.69 23.09 8.86 258.78 5.40 15.86 179.45 12.95 4.47 138.87 11.44 3.98 3.82 9.96 8.61 8.25 2.86 2.85
Slide 52: Profit & Loss Statement
Profit & Loss Statement In ₹ Cr Particulars FY20 FY21 FY22 FY23 FY24 Revenues 138.55 178.33 257.72 308.97 311.25 Other Income 0.32 1.11 1.15 0.36 1.03 Total Income 138.87 179.45 258.87 309.33 312.28 Raw Material costs 76.42 104.15 164.12 204.29 202.52 Employee costs 10.68 14.24 17.27 19.94 20.94 Oth
Slide 53: Balance Sheet
Balance Sheet In ₹ Cr Equities & Liabilities FY20 FY21 FY22 FY23 FY24 Assets FY20 FY21 FY22 FY23 FY24 Equity 12.07 12.07 12.07 12.07 12.83 Non Current Assets Reserves 18.10 27.58 38.85 50.35 66.55 Fixed Assets 59.68 61.00 62.51 81.99 88.05 Net Worth 30.18 39.65 50.92 62.42 79.38 Non Current Investme
Slide 54: Key Ratios
Key Ratios Return Ratios Leverage Ratios Per Share Matrix In ₹ 24.43 In % In Times 22.5 9 18.91 3.86 3.93 61.88 18.35 17.87 2.5 3.17 13.17 0 15.00 2.35 11.16 12.52 12.56 2.11 51.70 1.32 1.01 42.18 32.84 Current Asset Ratios Fixed Asset Turnover Ratios In Times In Times 25.00 1.34 1.27 1.02 1.20 4.60
Slide 55: Operating Matrix
Operating Matrix Net Operating Cycle Days In Days 68 69 In ₹ Cr 66 64 Working Capital Cycle Operating Cash Flow 21.99 55 59 57 44 50 49 47 41 13.17 38 36 34 35 35 30 29 9.35 26 6.67 4.40
Slide 56: Revenue & Production Matrix
Revenue & Production Matrix Revenue From Operations In ₹ Cr Product Category Wise Revenue Breakup In ₹ Cr 308.98 311.25 267 261 257.52 216 178.33 151 138.55 122 36 27 30 15 20 21 07 06 14 02 Revenue From In ₹ Cr In MT Top 10 Customers Total Production 238.25 239.12 18,518 16,318 192.75 14,623 11,336
Slide 57: Appendix
Appendix Company Overview ‹#›
Slide 58: Stock Data
Stock Data Corporate Actions Bonus Date BSE: 540078 | ISIN: INE317V01016 As on 29-10-2024 Dividend (₹) Ex Date 2:1 28 Jan 2020 Share Price (₹) 132.80 0.50 23 Aug 2018 Rights Issue Date 0.50 19 Sep 2019 1:8 16 Feb 2024 Market Capitalization (₹ Cr) 180.06 0.20 01 Sep 2020 No. of Shares Outstanding (Cr
Slide 59: Shareholding Data
Shareholding Data Marquee Shareholders Name of Shareholder Holding Shares Jaya Chandrakant Gogri 1,88,500 As on 30-09-2024 32.25 67.75 Source - BSE
Slide 60: Recognizing Excellence: Awards and Accolades
Envirocare green award 2024 Recognizing Excellence: Mitsu Chem Plast's Awards and Accolades India SME 100 2015 Best SME of the year Excellence in India 100 SME 2019 Excellence in Axis Bank 2016 for innovation and Healthcare SME Axis Bank jointly with Healthcare (SME) invention (Hospital Equipment) I
Slide 61: Thank You
Thank You Ms. Ankita Bhanushali Mitsu Chem Plast Ltd. 329, Gala Complex, Din Dayal Upadhyay Road, Mulund West, Mumbai - 400 080 Phone: 022 - 2592 00 55 Email: [email protected] Website:https://www.mitsuchem.com/ To stay informed about the latest updates of Mitsu Chem Plast Limited Company Overv