Cosmo First Limited · NSE:COSMOFIRST
Cosmo First — Cosmo Films — Q3 FY2018-19 Earnings Presentation
27 slides from Cosmo First's earnings presentation, Feb 13, 2019
Slide 1: Exchange cover letter: Investor Presentation
IfljS COSMO FILMS VS 51 Engineered to Enhance CFL/SEC/SE/PS/2018-19/FEB/04 February 13, 2019 The Manager (Listing) The Manager (Listing) Bombay Stock Exchange Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Plot no. C/l, G Block, Mumbai-400001 B
Slide 2: Investors Presentation
Investors Presentation Speciality Films for Sustainable Packaging Flexible Packaging I Lamination I Labeling I Synthetic Paper February 2019
Slide 3: Discussion Summary
Discussion Summary Company Overview India Demand-Supply Dynamics and Capacity Expansion Financials Key Focus Areas Corporate Governance & Management Corporate Social Responsibility 1 1
Slide 4: Company Overview
Company Overview Strong History & Leading Position Global Leader in Thermal Lam Films Unique Proposition Established in 1981, Cosmo Films With the acquisition of GBC Uniquely positioned with good mix Ltd.is the pioneer of BOPP Films Commercial Print in June of commodity and speciality films. I
Slide 5: Company Overview - Vision 2020
Company Overview - Vision 2020 ―To be the most preferred global brand offering value added oriented films for packaging, labels, lamination and industrial applications.‖ 3 3
Slide 6: Company Overview - BOPP EDGE
Company Overview - BOPP EDGE MOISTURE BARRIER CHEMICALLY INERT LOW COF AND LOW SIT HEAT SEALABILITY EXCELLENT CLARITY & Better Shelf Life, Suitable For Food & Good Machinability Suitable For Flexible HIGH GLOSS Guard Sensitive Pharma At High Speeds Packaging Better Aesthetics Products LOW MELTING PO
Slide 7: Company Overview - Product Portfolio
Company Overview - Product Portfolio SALES REVENUE PACKAGING FILMS LAMINATION FILMS LABEL FILMS INDUSTRIAL FILMS 1. Print & Pouching 1. Standard Range 1. Pressure Sensitive 1. Synthetic paper 23% Films (Thermal Lamination Label stock films 2. Tape & Textile Films 41% 2. Barrier Films & Wet Laminatio
Slide 8: Key New Value Add Product launches in last few quarters
Key New Value Add Product launches in last few quarters PACKAGING FILMS LAMINATION FILMS BOPP Conduction Sealing Film Universal PET Lidding Film 1 1 Suitable for sterilization process which increases shelf life of Universal lidding film which laminates with different plastic products specially for D
Slide 9: Manufacturing Footprint
Manufacturing Footprint NUMBER OF LINES BOPP Thermal Coating Metalizing CPP Waluj, Aurangabad, India 5 Lines 2 Lines 3 Lines 1 Line 1 Line Karjan, Vadodara, India 3 Lines 1 Lines 2 Line 1 Line* PLANTS Shendra, Aurangabad, India 1 Line 4 Lines 1 Line 1 Line* Asan, Korea 1 Line Hagerstown, US 1 Line T
Slide 10: Company Overview - Customer Base
Company Overview - Customer Base CANADA GERMANY US KOREA JAPAN CHINA INDIA Sales FY 17-18 44% Export 56% Domestic Manufacturing Locations Sales Offices-Other than manufacturing locations 8
Slide 11: Key Customers
Key Customers Disclosure: All these are trademarks of respective Owners 9
Slide 12: Some of the brands we service
Some of the brands we service Disclosure: All these are trademarks of respective Owners 10
Slide 13: India Demand-Supply Dynamics and Capacity Expansion
India Demand-Supply Dynamics and Capacity Expansion Data Source: AMI/PCI/Other Independent Research and Industry Sources 11
Slide 14: Financials
Financials INR Crores Audited FY 15-16 Audited FY 16-17 Audited FY 17-18 Particulars Standalone Consolidated Standalone Consolidated Standalone Consolidated Net Sales 1,440 1,621 1,458 1,587 1,827 1,936 EBIDTA 202 197 186 169 181 168 EBIDTA % 14% 12% 13% 11% 10% 9% PBT before Exceptional 142 131 115
Slide 15: Financials Contd.. Q3 FY18-19 Results
Financials Contd .. INR Crores Unaudited Q3 FY 18-19 Unaudited Q2 FY 18-19 Unaudited Q3 FY 17-18 Particulars Consolidate Standalone Consolidated Standalone Consolidated Standalone d Net Sales 536 558 517 531 435 458 EBIDTA 29 36 41 43 41 37 EBIDTA % 5% 7% 8% 8% 9% 8% PBT 7 11 14 13 19 13 PAT 9 13 10
Slide 16: Financials - Key Ratios
Financials - Key Ratios Audited FY 16-17 Audited FY 17-18 Particulars Standalone Consolidated Standalone Consolidated ROE (%) * 21% 16% 14% 11% ROCE (%) * 13% 11% 10% 9% Net Worth (INR Crores) 577 573 637 620 Net Debt (INR Crores) 586 594 617 681 Net Debt/Equity Ratio (times) 1.0 1.0 1.0 1.1 Asset T
Slide 17: Key Focus Areas
Key Focus Areas Skewing Product Mix more towards Product Mix speciality products, with consequently better margins and removing cyclability impact (20% Continuous focus on improving Operational Efficiencies Speciality growth in FY 17-18). Internal Operational Efficiencies including overseas operatio
Slide 18: Innovation and Sustainability
Innovation and Sustainability Focus on Innovation led Products Focus on Sustainability • Solutions for recyclable laminates • Films Enabling circular economy • BOPET Replacement BOPP Films • ISO 14001 & BRC global standards • Heat Resistant Film • 100% water based coatings • Transparent Heat Resista
Slide 19: Customer Centricity to become Global preferred Player
Customer Centricity to become Global preferred Player Sales Team Customer Centric Culture Strengthening Sales team:- Creating Customer Centric local resources in several Culture:- Robust Service Offer, countries, dedicated resource CRM, Cross Functional for engagement with global Alignment brands, e
Slide 20: Corporate Governance - Board of Directors
Corporate Governance - Board of Directors • Mr. Ashok Jaipuria, Chairman & Managing Director Our founder Chairman & Managing Director has more than 40 years of experience of the Corporate World. He is a Member of the Executive Committee of the FICCI, president of the Golf Foundation, a member of the
Slide 21: Corporate Governance - Board of Directors (Contd..)
Corporate Governance - Board of Directors (Contd..) • Ms. Alpana Parida, Non Executive Non Independent Director Ms. Alpana Parida has more than two decades of extensive experience in retail and marketing communications in the US and in India. Ms. Alpana Parida graduated from IIM-Ahmedabad in and has
Slide 22: Corporate Governance - Board of Directors (Contd..)
Corporate Governance - Board of Directors (Contd..) • Mr. H. N. Sinor, Independent Director Mr. H. N. Sinor has been a veteran banker, having spent over four decades in public as well as private sector banks like Union Bank of India, Central Bank of India and ICICI Bank. He was MD and CEO of ICICI B
Slide 23: Senior Management
Senior Management • Mr. Pankaj Poddar, Chief Executive Officer Mr Pankaj Poddar’s career spans over a period of 20 years in finance, advisory, assurance and various leadership as well as management roles. Before joining Cosmo, Pankaj has worked with automotive & FMCG industries. His last stint was w
Slide 24: Shareholding Pattern
Shareholding Pattern Shareholding Pattern (%age) Promoter Shareholding* 43% Non-Promoter Shareholding* 57% Top Non-Promoter Shareholders*: 1. Mr. Anil Kumar Goel 3.1% 2. M/s Cosmo Films ESOP 2015 Trust 1.4% 3. ICICI Bank Limited 1.0% 4. Mr. Kapil Kumar Wadhawan 0.8% 5. Government of the Province of
Slide 25: Corporate Social Responsibility
Corporate Social Responsibility Some of the Flagship Programs Computer Literacy Program Basic English Learning Program Cosmo Gyan Vihar Kendra Covers 1800 students from Implementation in 8 primary schools Identifies, enrolls and grades class I to XII every year with 550 students 500+ students from C
Slide 26: Disclosure
Disclosure Certain statements in this presentation are ―forward-looking statements‖. These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. These statements are not guarantees of future results or occurrences. Actual results other
Slide 27: Thank you
Thank you www.cosmofilms.com