Tanishk_Ojha Incorporated in 1990, Mitsu Chem Ltd manufactures blow molding, injection molding and customized molding products
Tanishk_Ojha AR 2016-17 We are happy to announce that our financial and operational performance in FY 2016-17 was outstanding, reflecting in record net profit. Your Company has moved forward strongly, sustained the performance and achieved revenue from operations of Rs.11,172.36 Lakh.
Tanishk_Ojha AR 2017-18 The Company has three state-of-the- art manufacturing facilities located in Maharashtra -Tarapur, Vasai - with a total capacity of 10,000 MT per annum. Besides, the Company also has an upcoming new plant at Khopoli (Maharashtra).
Tanishk_Ojha AR 2018-19 The Company achieved a domestic turnover of ₹ 12,408.82 Lakhs (PY - ₹ 11,187.52 Lakhs) and an export turnover of ₹ 33.01 Lakhs (PY - ₹ 21.71 Lakhs). During the FY under review, the Company commenced commercial production at its newly set-up, state of the art plant with latest technology at Khalapur, Maharashtra, spread over 78,000 sq. ft., further strengthening the Company’s leadership in the industry. Warrant issue at ₹165 per share (Post 2020 bonus issue - price comes at ₹55 per share. CMP - ₹100) During the year the Company’s production volumes increased by 3.73% from 6884.38 MT in 2017-18 to 7300.066 MT in 2018-19.
Tanishk_Ojha AR 2019-20 During the year, we successfully completed the expansion of our new facility at Khalapur, Maharashtra; we expect the benefits of the increased capacity to accrue from the FY 2020-21. Our continued focus on product innovation and customer satisfaction has enabled us to add new customers during the year and achieve new milestones. In the month of February this year, our ‘Mitsu Spine Board (stretcher)’ won an award in the SME Healthcare category at The Economic Times Polymer Award 2020.
