diff --git a/.yarn/versions/04e0bcd3.yml b/.yarn/versions/04e0bcd3.yml
new file mode 100644
index 000000000000..18fc515a5aec
--- /dev/null
+++ b/.yarn/versions/04e0bcd3.yml
@@ -0,0 +1,13 @@
+releases:
+  "@yarnpkg/builder": patch
+
+declined:
+  - "@yarnpkg/plugin-constraints"
+  - "@yarnpkg/plugin-exec"
+  - "@yarnpkg/plugin-interactive-tools"
+  - "@yarnpkg/plugin-stage"
+  - "@yarnpkg/plugin-typescript"
+  - "@yarnpkg/plugin-version"
+  - "@yarnpkg/plugin-workspace-tools"
+  - "@yarnpkg/cli"
+  - "@yarnpkg/pnp"
diff --git a/packages/yarnpkg-builder/sources/commands/build/plugin.ts b/packages/yarnpkg-builder/sources/commands/build/plugin.ts
index f0bc74348db2..e7bdbac8f98d 100644
--- a/packages/yarnpkg-builder/sources/commands/build/plugin.ts
+++ b/packages/yarnpkg-builder/sources/commands/build/plugin.ts
@@ -1,6 +1,6 @@
 import {StreamReport, MessageName, Configuration, formatUtils, structUtils} from '@yarnpkg/core';
 import {pnpPlugin}                                                          from '@yarnpkg/esbuild-plugin-pnp';
-import {npath}                                                              from '@yarnpkg/fslib';
+import {npath, xfs}                                                         from '@yarnpkg/fslib';
 import {Command, Option, Usage, UsageError}                                 from 'clipanion';
 import {build, Plugin}                                                      from 'esbuild-wasm';
 import fs                                                                   from 'fs';
@@ -62,6 +62,8 @@ export default class BuildPluginCommand extends Command {
     const prettyName = structUtils.prettyIdent(configuration, structUtils.parseIdent(name));
     const output = path.join(basedir, `bundles/${name}.js`);
 
+    await xfs.mkdirPromise(npath.toPortablePath(path.dirname(output)), {recursive: true});
+
     const report = await StreamReport.start({
       configuration,
       includeFooter: false,