Cosmo First Ltd

Cosmo First Ltd

₹ 745 0.29%
10 Jun 3:14 p.m.
About

Established in 1981, Cosmo Films Limited is engaged in specialty films for packaging, lamination and labeling applications. Its films offerings include biaxially oriented polypropylene (BOPP) films, cast polypropylene (CPP) films and soon to be offered biaxially oriented polyethylene terephthalate (BOPET) films.

Key Points

Products and Brands
Packaging Films: These are used for any flexible packaging application Print & Pouching Films, Barrier Films, Overwrap Films, Lidding Films, etc. [1]
Lamination Films: These films find their way into mostly print publishing and graphic art film segments. [2]
Label Films: These enable complete information legibility on a constricted surface area available for the brand presentation. [3]
Industrial Films: Ready to use industrial film for useful applications, such as adhesive tapes, textile bags, long lasting printing applications etc. [4]
Pet Care: In FY22, company forayed into the pet care vertical through its brand Zigly. Its a D2C Omni channel business model to address pets need at every stage of life.[5] Company has a target of opening 100+ experience centers by FY25/26.[6] Company has ~5,900 SKUs and its the first pet care app.
Rigid Plastics: Specializes in creating customized packaging solutions for FMCG products. It uses injection molding and thermoforming techniques.
Masterbatches: Masterbatch is a concentrated mixture of pigments and additives used for imparting specific desired
properties and coloring in plastic. Some are like white masterbatch, anti-stat (with 30%
concentration), master batch for blown films etc.
Adhesives: Cosmo plans to launch products in niche areas.[7]

  • Market Cap 1,957 Cr.
  • Current Price 745
  • High / Low 1,307 / 561
  • Stock P/E 18.4
  • Book Value 498
  • Dividend Yield 0.51 %
  • ROCE 9.62 %
  • ROE 8.36 %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 10.0% over past five years.
  • Company has a low return on equity of 6.32% over last 3 years.
  • Earnings include an other income of Rs.99.9 Cr.
  • Dividend payout has been low at 10.8% of profits over last 3 years
  • Promoter holding has decreased over last 3 years: -3.62%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
601 602 617 568 604 647 723 679 687 751 873 820 911
553 575 557 535 576 595 656 624 628 679 793 770 817
Operating Profit 48 28 60 33 28 51 67 55 59 72 81 50 94
OPM % 8% 5% 10% 6% 5% 8% 9% 8% 9% 10% 9% 6% 10%
13 19 11 13 22 14 21 20 14 25 24 35 15
Interest 16 17 21 22 25 23 25 24 26 30 36 36 35
Depreciation 20 20 21 22 23 23 24 24 25 29 33 34 35
Profit before tax 25 9 30 2 3 19 39 27 23 38 36 15 40
Tax % 16% -1% 22% -88% -12% 15% 17% 17% 27% 21% 18% -12% 24%
21 9 23 3 3 16 33 22 17 30 29 17 30
EPS in Rs 7.98 3.49 8.75 1.24 1.29 6.15 12.40 8.55 6.44 11.36 11.22 6.55 11.42
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
1,479 1,440 1,458 1,749 2,050 2,032 2,083 2,824 2,742 2,391 2,736 3,356
1,353 1,243 1,287 1,602 1,893 1,790 1,721 2,344 2,404 2,243 2,503 3,059
Operating Profit 126 197 171 146 158 243 362 481 338 148 233 297
OPM % 9% 14% 12% 8% 8% 12% 17% 17% 12% 6% 9% 9%
-9 -2 15 35 12 20 36 45 57 65 68 100
Interest 38 29 34 50 52 49 40 37 51 85 97 137
Depreciation 30 31 36 46 48 50 52 58 69 85 96 131
Profit before tax 49 135 115 85 69 163 305 430 275 43 108 128
Tax % 17% 20% 6% 1% 16% 30% 29% 27% 22% 11% 19% 17%
40 108 108 85 58 114 216 313 214 39 88 106
EPS in Rs 13.84 37.08 36.98 29.07 19.99 39.05 78.96 114.63 81.39 14.77 33.54 40.55
Dividend Payout % 17% 18% 18% 14% 20% 26% 21% 20% 6% 20% 12% 0%
Compounded Sales Growth
10 Years: 9%
5 Years: 10%
3 Years: 7%
TTM: 23%
Compounded Profit Growth
10 Years: 0%
5 Years: -13%
3 Years: -21%
TTM: 22%
Stock Price CAGR
10 Years: 12%
5 Years: 5%
3 Years: 7%
1 Year: -38%
Return on Equity
10 Years: 15%
5 Years: 13%
3 Years: 6%
Last Year: 8%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 19 19 19 19 19 19 18 18 26 26 26 26
Reserves 391 479 557 618 676 726 816 1,070 1,121 1,148 1,215 1,280
467 402 604 711 742 721 710 757 880 1,033 1,402 1,573
209 265 334 340 356 350 482 698 920 1,178 1,274 1,452
Total Liabilities 1,087 1,165 1,514 1,688 1,793 1,816 2,026 2,543 2,948 3,384 3,916 4,331
536 585 900 935 947 976 967 944 1,372 1,499 1,697 2,342
CWIP 14 12 9 12 40 16 16 268 140 263 524 25
Investments 169 197 115 173 193 261 339 565 619 630 673 718
368 370 490 568 614 563 702 766 817 993 1,022 1,246
Total Assets 1,087 1,165 1,514 1,688 1,793 1,816 2,026 2,543 2,948 3,384 3,916 4,331

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
123 245 50 130 166 226 273 511 492 198 256 358
-38 -106 -221 -118 -126 -103 -69 -464 -365 -221 -487 -261
-117 -135 167 6 -23 -162 -174 -60 -140 23 228 -66
Net Cash Flow -32 4 -4 18 17 -39 31 -13 -12 1 -3 31
Free Cash Flow 86 167 -171 65 80 178 218 240 154 -55 -217 97
CFO/OP 98% 140% 40% 101% 115% 106% 90% 121% 163% 138% 116% 127%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 39 30 51 44 37 30 33 26 21 37 36 33
Inventory Days 34 42 59 52 41 45 76 71 67 79 82 76
Days Payable 35 56 49 52 45 38 56 68 100 150 142 146
Cash Conversion Cycle 39 16 61 44 32 37 53 29 -11 -34 -25 -37
Working Capital Days -9 -18 -7 -16 -18 -27 -21 -16 -46 -61 -56 -20
ROCE % 11% 19% 14% 11% 9% 15% 23% 27% 17% 6% 8% 10%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
BOPP Films Installed Capacity
MT/Annum

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Total Installed Capacity (Films)
MT/Annum
BOPP Specialty & Semi-Specialty Sales Volume Mix
%
Number of Registered Patents
Number
BOPET Films Installed Capacity
MT/Annum
Annual Volume Growth (BOPP/Films)
%
Rigid Packaging Capacity (Plastech)
MT/Annum
Zigly Petcare - Number of Omni-Channel Customers Served
Number
Renewable Power Usage as % of Energy Mix
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
44.96% 45.04% 45.04% 45.04% 45.04% 45.04% 40.98% 40.98% 40.98% 40.86% 40.86% 40.78%
4.74% 3.72% 3.45% 3.19% 3.23% 2.56% 3.99% 3.12% 3.49% 3.24% 2.67% 2.13%
0.77% 0.88% 0.76% 0.03% 0.68% 0.85% 0.69% 0.09% 0.68% 0.47% 0.84% 1.13%
48.32% 49.16% 49.62% 50.45% 49.72% 50.50% 53.34% 54.16% 53.21% 54.07% 54.28% 54.86%
1.19% 1.19% 1.13% 1.30% 1.33% 1.05% 1.00% 1.65% 1.64% 1.36% 1.34% 1.11%
No. of Shareholders 47,54845,99747,42346,30441,93744,56044,06542,69737,51837,33036,89736,773

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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