In today’s rapidly changing industrial landscape, businesses that balance innovation, quality, and sustainability are leading the way—and Mitsu Chem Plast Limited (MCPL) is a perfect example. With over three decades of excellence in plastic manufacturing and a strong focus on sustainable packaging solutions, MCPL has built a reputation as a trusted industry leader, serving diverse sectors like healthcare, industrial packaging, and automotive components.
A Legacy of Growth and Innovation
Founded in 1990, MCPL’s journey is a remarkable story of vision, determination, and transformation. What began as a single manufacturing unit has evolved into a world-class plastic manufacturing enterprise with multiple facilities and a robust product portfolio. Key milestones include:
- Launching CE-certified blow-molded spine boards that set quality benchmarks in the healthcare sector
- Listing on the BSE SME platform in 2016 and later migrating to the Main Board in 2020
- Expanding Unit III’s capacity from ~10,872 MTPA to ~13,179 MTPA
- Introducing specialized pails and raising ₹10.86 crore through a highly oversubscribed rights issue
- Surpassing ₹309 crore in revenue in FY23–24
MCPL’s ability to consistently innovate and scale operations has cemented its position as one of India’s leading plastic product manufacturers.
Financial Performance: Strong and Steady
In FY23–24, MCPL recorded ₹311–312 crore in revenue, an EBITDA of ₹25.67 crore, and a PAT of ₹8.86 crore. These figures reflect steady profitability and strong sectoral resilience, showcasing MCPL’s ability to navigate market shifts while maintaining growth.
Manufacturing Excellence
MCPL’s success is built on a strong manufacturing foundation. The company operates three state-of-the-art facilities, equipped with:
- 18+ injection molding machines
- 47+ blow molding machines
- Over 500 SKUs catering to industries like healthcare, automotive, and industrial packaging
With 500+ clients, including 30+ Fortune India companies, MCPL is a preferred partner for businesses seeking high-quality plastic solutions that meet global standards.
Sustainability: At the Core of MCPL’s Vision
Today’s customers demand not just quality but responsible manufacturing—and MCPL delivers. The company’s 2024–25 Sustainability Report emphasizes its dedication to Environmental, Social, and Governance (ESG) practices.
Key sustainability initiatives include:
- Alignment with GRI Standards and UN Sustainable Development Goals (SDGs)
- Certifications: ISO 9001, 14001, 45001, 13485, 22000, CE, and EcoVadis participation
- Adoption of eco-friendly measures like rainwater harvesting, CNG-based transport, and zero workplace fatalities
- Integration of SEBI’s BRSR guidelines for improved governance
MCPL’s approach reflects its vision of being a sustainable packaging solutions leader while setting industry benchmarks.
Human-Centric Governance
Beyond financial growth and environmental responsibility, MCPL champions an employee-first culture. Policies ensure equal opportunities, non-discrimination, and a harassment-free workplace. Notably, the company has:
- Zero reported workplace harassment incidents
- Responsive grievance redressal mechanisms
- Inclusive infrastructure aligned with disability access norms
This commitment to transparency and inclusivity strengthens MCPL’s reputation as a socially responsible manufacturer.
A Future Driven by Innovation and Responsibility
As global industries evolve, MCPL is prepared to lead with cutting-edge product innovation, ESG leadership, and manufacturing excellence. With a proven ability to adapt, scale, and create solutions that meet modern demands, the company continues to shape the future of plastic manufacturing in India and beyond.
MCPL’s journey proves that business growth and sustainability can go hand-in-hand. As demand rises across healthcare, packaging, and automotive industries, the company’s steadfast focus on innovation ensures a lasting impact—on its customers, its people, and the planet.
