COSMO FIRST LIMITED — PPTs, 13-11-2024: Investor Presentation

**Financial Highlights:** For Q2 FY25, Cosmo First reported net sales of ₹759 Cr, with a consolidated EBITDA of ₹88 Cr, yielding an EBITDA margin of 12%. Notably, specialty sales constituted 70% of total volume, up from 64% in FY24. The net profit after tax was ₹63 Cr, demonstrating a significant increase in operational efficiency.

**Strategic Initiatives and Growth Drivers:** Cosmo First is positioned for substantial growth, targeting a 20% CAGR over the next three years. The company is focusing on expanding its specialty films and chemicals divisions, with a planned capex of ₹300-350 Cr for FY25.

**Business Developments:** The launch of the rigid packaging vertical in H2 FY24 is on track for profitability and aims for over 90% capacity utilization by FY26. Additionally, the D2C pet care business, Zigly, shows promise with over 68K customers and a diverse product portfolio.

**Market Position and Competitive Advantage:** Cosmo First stands as a leader in specialty films, with significant shares in BOPP and thermal lamination films globally, enhancing its competitive positioning in the market.

**Investor Implications:** With a strong emphasis on R&D and sustainability, combined with solid financial metrics (net debt/EBITDA at 2.2 times), the company presents a positive outlook for investors. Its diversified business model supports potential growth across various segments, making it a key stock to watch closely.