Cosmo Films Ltd

Cosmo Films is engaged in the production of flexible packaging films. Companys product majorly comprises of BOPP Films, Thermal Films and Coated Films.

Pros:
Stock is trading at 0.62 times its book value
Company has been maintaining a healthy dividend payout of 19.95%
Cons:
The company has delivered a poor growth of 7.99% over past five years.
Tax rate seems low
Company has a low return on equity of 11.30% for last 3 years.
** Remarks:
Some businesses are provided tax benefits to encourage their development

Peer Comparison Sector: Packaging // Industry: Packaging

Loading peers table ...

Quarterly Results Consolidated Figures in Rs. Crores / View Standalone

Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019
361 439 419 467 458 502 518 531 558 550 541 556
324 407 385 432 429 469 477 490 533 496 484 496
Operating Profit 36 32 34 36 30 33 41 42 25 54 57 60
OPM % 10% 7% 8% 8% 6% 7% 8% 8% 4% 10% 11% 11%
Other Income 1 12 3 19 8 5 3 2 11 5 3 4
Interest 9 8 11 15 12 14 17 16 12 11 11 13
Depreciation 10 12 13 13 13 13 13 14 13 14 13 13
Profit before tax 18 24 13 26 13 12 14 13 11 34 37 38
Tax % -8% -16% 29% 23% 25% -113% 26% 24% -20% 18% 24% 24%
Net Profit 19 28 9 20 10 25 10 10 13 28 28 29
EPS in Rs 10.11 14.52 4.82 10.61 5.10 13.08 5.27 5.28 6.95 14.38 14.49 14.89
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 TTM
579 624 957 1,135 1,136 1,266 1,468 1,647 1,621 1,587 1,847 2,157 2,204
489 541 864 1,044 1,051 1,175 1,363 1,542 1,432 1,433 1,713 1,995 2,008
Operating Profit 89 83 92 91 85 91 105 105 189 154 133 161 196
OPM % 15% 13% 10% 8% 7% 7% 7% 6% 12% 10% 7% 7% 9%
Other Income 12 5 46 10 18 -1 -18 8 1 15 34 20 24
Interest 15 18 21 26 28 29 43 40 30 36 52 56 47
Depreciation 25 -24 34 34 36 39 45 35 36 42 51 54 54
Profit before tax 61 94 83 41 39 22 -2 38 124 91 64 72 119
Tax % 27% 21% 18% 24% 22% 48% -206% 28% 22% 6% -1% 15%
Net Profit 44 74 63 35 32 11 -6 28 96 86 64 61 97
EPS in Rs 21.76 37.27 31.83 17.07 15.40 5.40 0.00 13.52 47.47 44.10 33.14 31.44 50.71
Dividend Payout % 22% 13% 15% 28% 31% 43% -35% 25% 20% 23% 18% 19%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:13.20%
5 Years:7.99%
3 Years:9.99%
TTM:9.71%
Compounded Profit Growth
10 Years:4.10%
5 Years:25.32%
3 Years:-18.28%
TTM:76.91%
Stock Price CAGR
10 Years:8.31%
5 Years:18.37%
3 Years:-10.59%
1 Year:11.10%
Return on Equity
10 Years:9.36%
5 Years:12.76%
3 Years:11.30%
Last Year:8.28%

Balance Sheet Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Sep 2019
19 19 19 19 19 19 19 19 19 19 19 19 19
Reserves 164 226 273 301 315 327 341 361 437 554 600 661 708
Borrowings 150 266 356 403 429 509 587 490 422 623 788 811 709
115 141 190 194 201 204 252 255 299 441 457 487 505
Total Liabilities 449 653 838 917 965 1,060 1,199 1,126 1,178 1,637 1,865 1,979 1,941
203 415 437 422 449 439 637 595 647 989 1,023 1,013 1,023
CWIP 11 1 2 8 4 158 2 14 12 9 12 32 25
Investments 8 8 9 0 12 4 30 36 31 0 58 77 70
226 229 390 488 500 459 530 480 488 640 771 856 824
Total Assets 449 653 838 917 965 1,060 1,199 1,126 1,178 1,637 1,865 1,979 1,941

Cash Flows Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
54 101 -7 27 55 94 59 129 223 50 82 143
-24 -154 -60 -40 -34 -139 -51 -44 -79 -223 -123 -90
-41 90 65 14 -17 36 19 -121 -138 165 62 -35
Net Cash Flow -11 38 -1 0 4 -9 28 -36 6 -7 21 17

Ratios Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
ROCE % 23% 17% 13% 9% 8% 7% 7% 9% 18% 12% 9% 8%
Debtor Days 59 30 56 55 42 37 34 27 26 37 38 35
Inventory Turnover 9.15 8.00 8.68 7.64 6.76 7.78 8.30 8.62 9.22 7.75 7.11 7.70