Mitsu Chem Plast Ltd (MITSU.BO) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-50.4%

₹93.70

vs ₹189.00 price

Levered DCF

₹334.83

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

—

Rating

B+

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	7.1×	16.61×	22.39×	14.87×	26.3×	13.72×	20.82×	19×
P/B	0.99×	1.24×	2.5×	2.74×	5.78×	3.25×	2.74×	2.57×
P/S	0.32×	0.36×	0.64×	0.55×	1.14×	0.72×	0.6×	0.55×
EV / EBITDA	4.94×	8.13×	10.79×	9.16×	13.39×	7.97×	9.23×	11.26×
Gross margin	29.7%	36.2%	26.3%	33.3%	35.8%	41.3%	42.9%	34.7%
Operating margin	7.8%	28.7%	6.4%	7.1%	8.2%	10.6%	8.7%	6.6%
Net margin	4.5%	2.2%	2.8%	3.8%	4.5%	5.4%	2.9%	2.9%
Current ratio	1.3×	1.24×	1.2×	1.27×	1.34×	1.21×	1.02×	0.99×
Debt / equity	0.57×	0.71×	1.01×	1.23×	1.32×	1.61×	2.11×	2.04×
Interest coverage	4.22×	13.67×	2.27×	3.21×	3.79×	3.14×	1.9×	2.05×
Dividend yield	0.2%	0.2%	0.1%	0.1%	0.1%	0.2%	0.3%	0.4%
Payout ratio	1.7%	3.7%	2.7%	2.0%	2.1%	2.5%	6.1%	6.8%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	13.9%	7.5%	11.2%	18.9%	22.6%	24.4%	13.2%	13.5%
Return on invested capital	10.8%	40.0%	9.0%	11.9%	12.0%	12.2%	8.4%	8.1%
Return on assets	7.2%	3.7%	4.6%	6.7%	8.0%	7.8%	3.7%	3.6%
Free cash flow yield	8.8%	5.6%	-1.4%	-3.3%	0.6%	5.6%	-3.3%	-18.3%
Earnings yield	14.1%	6.0%	4.5%	6.9%	3.9%	7.5%	4.8%	5.3%
Enterprise value	₹1.7B	₹1.9B	₹2.8B	₹2.5B	₹3.6B	₹1.9B	₹1.5B	₹1.2B
Net debt / EBITDA	1.81×	2.96×	3.1×	2.82×	2.42×	2.64×	4.01×	4.95×
Cash conversion cycle (days)	88	97	104	88	93	125	129	95