COSMO FIRST LIMITED — PPTs, 13-08-2025: Investor Presentation

**Financial Highlights:**

Cosmo First's Q1 FY26 consolidated results (Net Sales: 800 Cr, EBITDA: 116 Cr/15% margin, PAT: 43 Cr) reflect higher volumes, improved BOPP film margins, cost efficiencies, and strong specialty chemical performance. Focus on specialty films (71% of volumes) indicates a higher-margin sales mix.

**Strategic Initiatives & Growth Drivers:**

A new 45% higher capacity BOPP line, commissioned in June, is near full utilization. New CPP/BOPET lines also drive expansion. The company diversifies into high-growth areas: Specialty Chemicals, Rigid Packaging, Window Films (Sunshield), and PPF, targeting 20% CAGR topline growth over three years, supported by strong R&D.

**Business Developments:**

Specialty Chemicals posted its highest-ever Q1 FY26 EBITDA (12 Cr on 49 Cr topline). D2C petcare brand 'Zigly' (Q1 FY26 GMV: 16 Cr) expands services/private labels, with future demerger planned. Window Film (Sunshield) and PPF operations are gaining traction.

**Market Position & Competitive Advantage:**

Cosmo First leads globally in BOPP Specialty films (top four) and is India’s largest BOPP producer. It's the world’s largest supplier of thermal lamination/industrial application films. New, cost-efficient lines and robust R&D strengthen its competitive edge.

**Investor Implications:**

Successful operationalization of new capacities and strong Q1 results indicate significant positive growth potential. Diversification into higher-margin segments is promising. Investors should monitor execution against aggressive growth targets and effective leveraging of new investments.