COSMO FIRST LIMITED — Investor Meet, 22-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Cosmo First's Q1 FY26 saw consolidated sales rise 16% YoY to ₹800 Cr, with EBITDA up 38% to ₹116 Cr, driven by higher volume and improved BOPP film margins (₹25/kg). A new 81,000 MT BOPP line and window film line commenced operations. Management anticipates substantial revenue and profitability growth from new investments, targeting 10% CAGR in specialty films. Net debt stands at ₹1140 Cr, expected to be a peak. Zigly faced temporary online sales issues but retail grew strongly. US tariffs (55%) are a concern, with management hoping for more realistic levels. Confidence remains in strategic growth and cost efficiencies.