[Stock notes] – Mitsu Chem Plast…aiming for 20% + CAGR
Hello Sir, Hope you are doing well. Recently, I came across Mitsu Chem Plast Ltd. The company makes plastic industrial packaging products and hospital furniture parts. What I found interesting about the company is the way it has grown over the years – From Rs 60 crore sales in FY 13 to Rs 309 crore in FY 23 and similarly Rs 2 crore PAT in FY 13 to Rs 12 crore in FY 23. The last 4-5 quarters have been subdued for the company on account of fall in…