COSMO FIRST LIMITED — PPTs, 12-02-2026: Investor Presentation

Cosmo First delivered robust 9M FY26 performance, with Net Sales growing 16% YoY to ₹2,618 Cr and EBITDA up 38% CAGR over two years to ₹348 Cr. Q3 FY26 saw revenue rise to ₹899 Cr and EBITDA improve to ₹103 Cr, resulting in PAT of ₹30 Cr (EPS ₹11.4). Specialty Chemicals revenue surged 114%, Rigid Packaging turned EBITDA positive, and Petcare (Zigly) posted over 50% YoY topline growth.

Post a ₹1,140 Cr capex, the company prioritizes cash generation, ROCE improvement, and debt reduction. Strategy focuses on high-margin specialty films, chemicals, and new consumer ventures like Petcare and Window Films. Recent wins include new BOPP/CPP line commissioning, Cosmo Plastech's positive EBITDA, and Zigly's rapid expansion to 39 centers plus two hospital acquisitions.

Management expects double-digit revenue growth from enhanced capacity utilization and improved Q1 FY27 profitability due to reduced USA tariffs. The company plans to significantly cut its ₹1,215 Cr net debt in two years with no major capex, eyeing a potential demerger of its Petcare (Zigly) vertical by FY27.