Mumbai, Aug 07: Cosmo First Limited today declared its financial results for the quarter ended June 2026.
Q1, FY27 EBIDTA improved over the last year on the back of higher sales volume (9%), improved base BOPP and BOPET films margins, enhanced performance of the USA film business (post reduction in the USA tariffs) and better performance by other B2B businesses i.e. specialty chemical and rigid packaging.
Cosmo Plastech (Rigid packaging vertical) has posted over 58% topline growth in Q1, FY27 on YoY basis and has turned EBIT positive (in Q1, FY27). Now FY27 focus shall be on achieving higher profitability through higher capacity utilisation, improving sales mix and improved efficiency. The business is also augmenting 50% growth in capacity over the next 2 quarters through minimal capex, which will pave future growth in the next financial year and bring efficiencies of scale.
Zigly (Petcare) has grown by 70% YOY, while Cosmo Consumer (Window films, Paint Protection Films & Ceramic Coatings) has grown multi-fold (25-26 being the first year of operation).
FY26-27 revenue should grow @20% on overall basis, while the four new businesses are expected to grow 60%.
Net Debt at June 2026 end was flat at Q4, FY26 level (Rs 1,166 crores which is 2.3 times to EBITDA) despite net working capital increase by Rs 85 crores due to increased raw material prices post West Asia war. Net debt will reduce significantly in the next 2 years.
Commenting on Company’s performance Mr. Pankaj Poddar, Group CEO, Cosmo First Ltd said “All our B2B businesses are profitable now. The FY27 focus will be on higher ROCE (Return on Capital Employed) with speciality films sale, sweating out of assets and substantially grow new B2B and B2C businesses.”
Key developments during the quarter
1. Films Business (Cosmo Films)
- Won three prestigious SIES SOP Star Awards 2026 for innovative packaging solutions
- Granted Patent for our invention titled “A Multilayer Metallized Cast Polypropylene Film (CPP)” in Mexico
- Developed UV additive-embedded Green Graphic films with encouraging UV-aging performance
2. Cosmo Consumer Business (Cosmo Sunshield & Paint Protection Films)
- Expanded our services in automotive aftermarket sector with launch of first 4C Cosmo Car Care Centre in Pune
3. Petcare Business (Zigly Petcare)
- Expanded retail footprint with 4 new centres in Dwarka (Delhi), Kalyani Nagar (Pune), Zirakpur, BTM Layout (Bangalore)
- Launched Zigly Cares – dry food for community dogs and new products under Zigly Lifestyle private label
4. Cosmo Plastech
- Onboarded several reputed brands in the Northern Indian dairy market
- Launched freezer grade PP Sheets for advanced cold chain and frozen food packaging
- Introduced Barrier Trays and APET for pharmaceutical applications
5. Cosmo Speciality Chemicals
- Elevated Mr. Piyush Gupta to lead Cosmo Speciality Chemicals as Business Head
6. CSR & Foundations
- Won the Best Practices in CSR Award 2026 for Education & Digital Learning initiatives at the 3rd CSR Convention by Sakshamthad Foundation
- Supported the Global Fair Play Movement in India to promote integrity, respect and inclusion in sport
7. Corporate / Group-Level Communication
- Secured ISO 45001:2018 certification for Waluj, Shendra, and Karjan units
- Won three prestigious FIPSA 2026 awards for responsible packaging solutions for Easy seal peel CPP film, High Shrink PET Film, and High Shrink PETG Film with 30% PCR content