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Company details

880.00
903.95
837.05
1,426.67
6M Return -24.07%
1Y Return -11.64%
Mkt Cap.(Cr) 2,422.23
Volume 5,570
Div Yield 2.63%
OI
-
OI Chg %
-
Volume 5,570

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Rapid Results

Q1FY23 Quarterly Result Announced for Cosmo First Ltd.

Containers & Packaging firm Cosmo First announced Q1FY23 Result :

  • Strong Q1, FY23 results from Cosmo amidst tougher external environment
  • During the quarter, the flexible packaging industry experienced pressure on margins due to the commissioning of several new production lines within a short span of 4-5 months. The bunching of capacity expansions caused temporary imbalance in the demand supply scenario. Margins were also under pressure in the overseas subsidiaries due to increased raw material costs and weakening of foreign currencies against US dollar. Our sustained focus on speciality films in the last 2-3 years and ongoing improvement of internal efficiencies helped achieving higher EBITDA despite the margin pressure.
  • Our annualized ROCE and ROE stands at 27% and 36% respectively with TTM EPS increasing to Rs. 150.
  • The demand supply balance should get restored over the next few quarters with strong organic growth in domestic demand and geo-political normalcy returning in Europe. In the meantime, our speciality films portfolio which accounts for more than 65% of our sales and is growing quarter on quarter would enable us to hold strong.

Commenting on Company’s performance Mr. Pankaj Poddar, Group CEO, Cosmo First Ltd. said “In packaging business, we expect growth journey to continue with speciality films. Our continued thrust on innovating films with lower carbon footprints would further strengthen our leadership position in specialty films. During the quarter, our Specialty Chemicals business has posted a threefold increase in revenue over last year. Our Petcare vertical, Zigly has now four experience centres. We target to have 15 experience centres by FY23. In coming years, the Company’s growth will be driven by expanded portfolio of speciality films, commissioning of Specialized Polyester line and capacity expansion of CPP and BOPP films as well as innovative multi products offering in specialty chemicals and growth in omni channel ecosystem for Pets Care.”

Result PDF

Financials

  • Profit and loss statement

  • Balance sheet

  • Quarterly Result

  • Ratio

Sales(Cr.)

Operating Profit(Cr.)

Profit after Tax(Cr.)

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after tax

PE

Debt/Equity

P BV

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 1,190.73 Cr FV: 10.00
Period MF Net Purchase / (sold) FII Net
LAST 1M 3,213.79 10,702.06
LAST 3M 4,765.78 66,293.35
LAST 6M 78,132.76 -40,125.32
LAST 12M 202,528.75 -192,001.24
  • Announcement
  • Corporate action
  • No Data Found

Date Action Type Ratio
Jun 16, 2022 Bonus 1:2
Feb 02, 2022 Dividend 100
Sep 27, 2021 Dividend 250

Information

  • About Company
  • Company Info
  • Listing Info
6.01
44.09%
436.8207
29.5%
38.8%
Description
  • Cosmo Films Limited is one of the worlds' largest manufacturing companies in specialist films for packaging, lamination, and labelling applications and has a market capitalization of Rs 2,317.60 Crores on 24th August '2021. Cosmo Films limited was established in 1981. At the end of March 2021, it registered combined revenue of Rs 2,322.92 Crores. The Bombay Stock Exchange (BSE) and National Stock Exchange have assigned the number 508814 and scrip code COSMOFILMS. As of 24th August ‘2021, Cosmos Films Limited is trading at Rs. 1,275.30.

    The Indian packaging market valued at USD 75 billion during last year isn't showing any signs of slowing down and is predicted to succeed to USD 204.81 billion by the year 2025 and is believed to register the CAGR of 26.7% in the 2020-2025 phase. The company is currently in the business of manufacturing Packaging Films, Lamination Films, label films, and Industrial Films. Cosmos Films limited has four manufacturing plants, out of which three plants are spread across India and 1 in Korea. Cosmo Films is accredited with ISO and British Retail Consortium (BRC) certifications. The promoters currently hold 44.11% of the stake in the company, 5.11% by institutional investors, 4.39% by bodies corporate, and the rest, 46.39%, is owned by the others (Retail Investors). Cosmos Films has seven subsidiaries, including six step-down subsidiaries and 1 Indian subsidiary. Currently, cosmos films have business activities in nine international locations, out of which the USA, South Korea, Japan, Canada, and Germany are the major ones.

    In March 2021, revenue from the operation was Rs 2,322.92 Crores, up 4.47% from Rs 2222.99 Crores in March 2020. The quarterly Net Profit in June 2021 was Rs. 657.90 Crores, up 42.50% from Rs. 461.71 Crores in June 2020. In June 2021, EBITDA was Rs. 108.92 Crores, up 36.70% from Rs. 79.68 Crores in June 2020. From Rs. 24.91 in June 2020, Cosmos Films EPS has risen to Rs. 37.66 in June 2021. Cosmos Films' stock closed at 1,252.70 on 23rd August '2021 (NSE) and has returned 164% (approx.) in the last six months and 184% (approx.) in the previous year.

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Registered Address

1008 DLF Tower- A, Jasola District Centre, New Delhi, New Delhi, 110025

Tel : 91-11-49494949
Email : investor.relations:cosmofilms.com
Website : http://www.cosmofilms.com

Registrar

Alankit Assignments Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 508814
NSE Code : COSMOFIRST
Book Closure Date (Month) : Jul
BSE Group : A
ISIN : INE757A01017

ICICIdirect Cosmo First Ltd FAQ

You can buy Cosmo First Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Cosmo First Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Sep 23, 2022 04:01 PM the closing price of Cosmo First Ltd was ₹ 888.60.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Sep 23, 2022 04:01 PM, the market cap of Cosmo First Ltd stood at ₹ 2,422.23.
The latest PE ratio of Cosmo First Ltd as of Sep 23, 2022 04:01 PM is 6.01
The latest PB ratio of Cosmo First Ltd as of Sep 23, 2022 04:01 PM is 0.49
The 52-week high of Cosmo First Ltd is ₹ 1,426.67 while the 52-week low is ₹ 837.05 .

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