COSMO FIRST LIMITED — Investor Meet, 28-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Cosmo First posted strong Q4 FY26 results: consolidated sales up 37% to 1,021 Cr, and EBITDA up 53% to 130 Cr. Full-year sales rose 26%, EBITDA 32%. Management eyes double-digit topline growth from enhanced capacity utilization and a strategic shift to high-margin Specialty Films (60% of film sales, 10% CAGR). New businesses like Specialty Chemicals, Rigid Packaging, and high-growth Consumer segments (Zigly, Cosmo Consumer) are scaling up, with Zigly exploring external capital. Debt reduced by 75 Cr; further cuts planned as the 1,200 Cr CAPEX cycle ends, boosting ROCE (FY26 11% to ~14-15% next year). US tariff reductions offer a significant profitability boost and potential >60 Cr refund.