Press Releases & Reports

Cosmo First Limited

Consolidated Results

New Delhi, 20th May 2025: Cosmo First Limited today declared its financial results for the 

quarter and year ended March 2025.

Q4, FY25 EBIDTA is backed by higher specialty sales and better BOPP & BOPET film margins. 

The EBITDA would have been better but for one-time non-recurring cost of Rs 4.3 crores for 

thermal line shifting from Korea to India (bringing in 10 crores annual efficiencies) and 10% 

lower volume of BOPET film due to planned shutdown. 

FY25 EBITDA is higher primarily due to higher specialty sales (10% growth vs PY), cost 

rationalization of about Rs 25 crores, better BOPP and BOPET films margins and improved 

performance of specialty chemical subsidiary.

The Company has invested 1,180 crores in the last 3 years (including 502 crores in the last year) 

in multiple growth projects including BOPP, CPP & Polyester lines, Metallizers, Coating lines, 

Window / PPF films, Zigly and Rigid Packaging) and these will yield a significant ramp up in 

revenue as well as profitability in the next 2 to 3 years. 

Cast Polypropylene Line (CPP) with an annual capacity of 22K Mt has started operations from 

March 2025 while Sunshield films from May 2025. The Company has successfully done pilot runs 

with 50+ distributors, who are going to distribute both Sunshield films and Paint Protection 

films. The BOPP line having annual capacity of 81k Mt p.a. is also expected to start operations 

from Q1, FY26.

The Specialty Chemical subsidiary has achieved high teens EBITDA with topline of Rs 180 crores

in FY25.

The Board of Directors had recommended dividend of Rs.4 per equity share for the financial 

year FY 24-25 subject to approval of shareholders in annual general meeting.

Commenting on Company’s performance Mr. Pankaj Poddar, Group CEO, Cosmo First Ltd said

“The Company’s focus will be taking full leverage of the new investments, grow specialty film

sales, expand in international geographies and push down costs. The new film lines are the 

most cost-efficient and should make Cosmo more competitive in the market. Specialty 

Chemicals is already earning healthy ROCE. In Zigly, we are expecting profitable growth in 

services (including Vet and Grooming). Our focus shall continue to be on expanding services 

particularly Vet care services as well as launch Private labels to improve margins on Product 

Sales.”

About Cosmo First Limited

Founded in 1981 by Mr. Ashok Jaipuria, Cosmo First today has a presence across 100+ countries 

around the globe. Cosmo First is a global leader in specialty films and an emerging player in 

specialty chemicals (Masterbatches, Adhesive & Coating chemicals), Rigid Packaging (Cosmo 

Plastech) along with the first digital Omni channel Pet care business under the brand name 

‘Zigly’.

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For more details, please contact–

Ipshita Nayyar

E: ipshita.nayyar@cosmofirst.com