Cosmo First Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹1,874 Cr
- P/E
- 10.94
- ROE
- 10.45%
- PEG
- -0.85
- Price to sales
- 0.47
- Debt to equity
- 1.04
- 52W high / low
- ₹965 / ₹577
- Sales growth (5Y)
- 9.75%
- EBITDA margin
- 10.68%
- Net profit margin
- 4.43%
- Promoter holding
- 40.78%
- Sales (last year)
- ₹4,004 Cr
Established in 1981, Cosmo Films Limited is engaged in specialty films for packaging, lamination and labeling applications. Its films offerings include biaxially oriented polypropylene (BOPP) films, cast polypropylene (CPP) films and soon to be offered biaxially oriented polyethylene terephthalate (BOPET) films.
Guidance scorecard · Q1 FY27 call
What Cosmo First Ltd's management guided
and where it ranks in Industrial Products
Industrial Products
RevenueQ1 FY27 call
20–40%- Overall business revenue expected to grow by 20% in the current year (FY27).
- New businesses projected to grow at 60% in the current year.
- Specialty film sales aimed to increase to 35%-40% gross margins with scaling revenue, though this will take time.
- Cosmo Consumer business expected to grow rapidly, with over 3x growth projected this year in the domestic market.
- Zigly is scaling with a current run rate of ~Rs. 100 crores annualized and targets breakeven at Rs. 250 crores revenue in next couple of years.
- Plastech business projected to grow from Rs. 100 crores last year to Rs. 150-160 crores this year and ~Rs. 200+ crores next year, with improving margins and ROCE.
2 more points from Cosmo First Ltd's call on revenue
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MarginsQ1 FY27 call
Up 2%+See what Cosmo First Ltd said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- Minimal Capex planned over the next two years to contain significant capital expenditure.
- Recent investments have created substantial headroom to scale specialty films sales to close to 90% without major new Capex.
- On the Plastech side, capacity to be expanded by 50% with minimal Capex, enabling revenue growth from Rs. 100 crores to Rs. 200-250 crores by next year.
- Incremental Capex is directed primarily at specialty assets, including development and launch of new specialty films and products.
- Existing specialty business has sufficient capacity; new capacity added recently supports growth targets.
2 more points from Cosmo First Ltd's call on capex
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FundraisingQ1 FY27 call
See what Cosmo First Ltd said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
- Specialty films and new businesses like Cosmo Specialty Chemicals, Plastech, and Cosmo Consumer are scaling up rapidly.
- The company is expecting overall business growth of 20% this year; new businesses are growing at 60%.
- Film business has about 15% spare capacity expected to be utilized in coming quarters.
2 more points from Cosmo First Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Products
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Industrial Products companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹532 Cr | 21.2 | |
| 2 | 40%+ | Up 2%+ | ₹450 Cr | 13.2 | |
| 3 | 40%+ | Up 2%+ | ₹371 Cr | 26.1 | |
| 4 | 40%+ | Up 0–2% | ₹1,340 Cr | 32.9 | |
| 5 | 40%+ | Up 0–2% | ₹1,196 Cr | 14.1 | |
| 6 | 40%+ | Flat | ₹966 Cr | 25.0 |
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Pro shows every company guiding 40%+ revenue growth →Full Industrial Products rankingFinancials of Cosmo First Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Cosmo First Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 715 | 658 | 664 | 625 | 641 | 690 | 759 | 701 | 746 | 800 | 919 | 899 | 1,021 |
| Expenses + | 654 | 622 | 602 | 582 | 597 | 622 | 672 | 638 | 676 | 708 | 816 | 831 | 900 |
| Operating Profit | 61 | 35 | 61 | 42 | 44 | 68 | 87 | 63 | 70 | 92 | 103 | 68 | 121 |
| OPM % | 9% | 5% | 9% | 7% | 7% | 10% | 11% | 9% | 9% | 11% | 11% | 8% | 12% |
| Other Income + | 13 | 20 | 11 | 14 | 23 | 17 | 20 | 23 | 15 | 24 | 25 | 35 | 10 |
| Interest | 17 | 18 | 22 | 23 | 26 | 23 | 25 | 25 | 27 | 32 | 37 | 37 | 36 |
| Depreciation | 22 | 21 | 22 | 23 | 24 | 24 | 24 | 25 | 26 | 30 | 34 | 35 | 37 |
| Profit before tax | 35 | 16 | 29 | 10 | 18 | 37 | 57 | 36 | 33 | 54 | 57 | 31 | 58 |
| Tax % | 8% | 11% | 25% | -10% | 12% | 16% | 20% | 19% | 17% | 21% | 19% | 5% | 36% |
| Net Profit + | 32 | 14 | 22 | 11 | 15 | 31 | 46 | 30 | 27 | 43 | 47 | 30 | 37 |
| EPS in Rs | 12.12 | 5.30 | 8.21 | 4.33 | 5.86 | 11.79 | 17.43 | 11.26 | 10.32 | 16.33 | 17.79 | 11.24 | 14.06 |
Financials of Cosmo First Ltd
Profit & Loss
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,647 | 1,621 | 1,587 | 1,847 | 2,157 | 2,204 | 2,285 | 3,038 | 3,065 | 2,587 | 2,895 | 3,639 |
| Expenses + | 1,542 | 1,429 | 1,433 | 1,713 | 1,995 | 1,943 | 1,893 | 2,467 | 2,682 | 2,404 | 2,607 | 3,255 |
| Operating Profit | 105 | 191 | 154 | 133 | 161 | 261 | 393 | 572 | 383 | 183 | 288 | 384 |
| OPM % | 6% | 12% | 10% | 7% | 7% | 12% | 17% | 19% | 12% | 7% | 10% | 11% |
| Other Income + | 8 | -1 | 15 | 34 | 20 | 19 | 37 | 48 | 51 | 68 | 74 | 95 |
| Interest | 40 | 30 | 36 | 52 | 56 | 53 | 42 | 40 | 55 | 89 | 100 | 141 |
| Depreciation | 35 | 36 | 42 | 51 | 54 | 65 | 59 | 63 | 75 | 89 | 100 | 137 |
| Profit before tax | 38 | 124 | 91 | 64 | 72 | 163 | 329 | 517 | 304 | 72 | 163 | 201 |
| Tax % | 28% | 22% | 6% | -1% | 15% | 30% | 28% | 23% | 20% | 14% | 18% | 22% |
| Net Profit + | 28 | 96 | 86 | 64 | 61 | 113 | 237 | 397 | 244 | 62 | 133 | 156 |
| EPS in Rs | 9.47 | 32.96 | 29.36 | 22.07 | 20.93 | 38.85 | 86.78 | 145.28 | 92.95 | 23.69 | 50.81 | 59.42 |
| Dividend Payout % | 25% | 20% | 23% | 18% | 19% | 26% | 19% | 16% | 5% | 13% | 8% | 0% |
Financials of Cosmo First Ltd
Balance Sheet
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 19 | 19 | 19 | 19 | 19 | 19 | 18 | 18 | 26 | 26 | 26 | 26 |
| Reserves | 361 | 437 | 554 | 600 | 661 | 721 | 836 | 1,173 | 1,272 | 1,321 | 1,440 | 1,590 |
| Borrowings + | 490 | 422 | 623 | 788 | 811 | 789 | 760 | 818 | 932 | 1,048 | 1,438 | 1,680 |
| Other Liabilities + | 209 | 263 | 348 | 355 | 377 | 375 | 506 | 744 | 880 | 1,117 | 1,199 | 1,398 |
| Total Liabilities | 1,079 | 1,142 | 1,544 | 1,763 | 1,869 | 1,905 | 2,120 | 2,753 | 3,110 | 3,512 | 4,103 | 4,695 |
| Fixed Assets + | 595 | 647 | 989 | 1,023 | 1,013 | 1,023 | 1,020 | 1,003 | 1,427 | 1,589 | 1,820 | 2,480 |
| CWIP | 14 | 12 | 9 | 12 | 32 | 16 | 20 | 270 | 185 | 357 | 589 | 188 |
| Investments | 36 | 31 | 0 | 58 | 77 | 146 | 247 | 446 | 418 | 406 | 390 | 394 |
| Other Assets + | 434 | 452 | 547 | 669 | 746 | 721 | 832 | 1,033 | 1,080 | 1,160 | 1,305 | 1,634 |
| Total Assets | 1,079 | 1,142 | 1,544 | 1,763 | 1,869 | 1,905 | 2,120 | 2,753 | 3,110 | 3,512 | 4,103 | 4,695 |
Financials of Cosmo First Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 129 | 223 | 50 | 82 | 143 | 240 | 335 | 481 | 465 | 245 | 166 | 397 |
| Cash from Investing Activity + | -44 | -79 | -223 | -123 | -90 | -106 | -105 | -447 | -325 | -235 | -420 | -361 |
| Cash from Financing Activity + | -121 | -138 | 165 | 62 | -35 | -165 | -193 | -52 | -153 | -19 | 247 | -3 |
| Net Cash Flow | -36 | 6 | -7 | 21 | 17 | -31 | 37 | -18 | -13 | -8 | -6 | 33 |
| Free Cash Flow | 92 | 138 | -172 | 12 | 87 | 190 | 262 | 199 | 85 | -49 | -325 | -8 |
| CFO/OP | 128% | 134% | 42% | 75% | 98% | 105% | 99% | 97% | 141% | 142% | 65% | 112% |
Financials of Cosmo First Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 27 | 26 | 37 | 38 | 35 | 32 | 30 | 26 | 24 | 37 | 39 | 40 |
| Inventory Days | 57 | 61 | 86 | 78 | 64 | 68 | 98 | 108 | 95 | 106 | 117 | 110 |
| Days Payable | 37 | 57 | 50 | 52 | 47 | 39 | 53 | 71 | 94 | 143 | 139 | 140 |
| Cash Conversion Cycle | 47 | 31 | 74 | 64 | 53 | 61 | 75 | 63 | 25 | -0 | 17 | 10 |
| Working Capital Days | -5 | -11 | -4 | -16 | -13 | -18 | -15 | 1 | -15 | -28 | -10 | 29 |
| ROCE % | 9% | 18% | 12% | 9% | 8% | 14% | 23% | 31% | 17% | 7% | 10% | 11% |
Guidance history
How Cosmo First Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 20–40% | Up 2%+ | Planned | — | — |
| Q4 FY26 call → | 20–40% | Flat | Planned | Planned | — |
| Q3 FY26 call → | 10–20% | Up 2%+ | None planned | None planned | — |
| Q2 FY26 call → | 20–40% | Flat | Planned | — | — |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
22 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −15.8% | 43% |
| Last 6 months | +0.0% | 55% |
| Last 3 months | −20.0% | 22% |
The price is 48.2% below its all-time high of ₹1,377.67 (8 Apr 2022). Stocks more than 20% below their peak have their score halved, so 44 became 22.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Cosmo First Ltd: 0.4 × 43 + 0.4 × 55 + 0.2 × 22 = 44, halved to 22 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 30 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Cosmo First Ltd's management said in earlier quarters
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