Slide 1: Stock exchange cover letter for investor presentation
CFL/SE/2025-26/MAY/08 May 20, 2025 The Manager (Listing) The Manager (Listing) BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Plot no. C/1, G Block, Mumbai-400 001 Bandra – Kurla Complex Scrip Code: 508814 Mumbai-400 051 Security ID: “COSMO
Slide 2: Cosmo First: Resilient and Rising, Q4 & FY25 Investor Presentation
Cosmo First RESILIENT AND RISING Q4 & FY25-Investor Presentation Speciality Films, Speciality Chemicals, Rigid Packaging, Sun Control Films & Paint Protection Films, D2C Petcare www.cosmofirst.com Our Businesses: EPEQSMOFLMS @ SUNSHIED Tigty
Slide 3: Discussion Summary
Discussion Summary Cosmo First – An Overview Q4 & FY25 - Performance Snapshot Strategic Perspective Our Businesses: Films Business Specialty Chemicals Rigid Packaging (Plastech) D2C Petcare (Zigly) Sun Control Films (Sunshield) & Paint Protection Film (PPF) Financial Overview ESG Fo
Slide 4: Safe Harbour
Safe Harbour This document, prepared by Cosmo First Limited is solely for information purposes and does not constitute any offer, invitation, recommendation, invitation to purchase or subscribe to any of company’s securities, and shall not form the basis of or be relied on in connection with any con
Slide 5: Company Overview – Businesses
Company Overview – Businesses Speciality films focused business with target to sell majority BOPP based speciality films (growing 10% CAGR over last 6 years) Verticals: Masterbatch (From FY21) Coating Chemicals (From FY22) Adhesive (From FY24) End-to-end rigid packaging vertical (From Q4’FY24) Zi
Slide 6: Company Overview - Key Milestones
Company Overview - Key Milestones ► Established in 1981, Cosmo Films Ltd is ►Speciality Chemicals ►2012: 2nd ►2016: CPP line-1 pioneer of BOPP Films Industry in India; ►Petcare “Zigly” ► Globally amongst top four in BOPP coating line ►2017: 10th BOPP Specialty films and set to be India’s ►2010: 2nd
Slide 7: Company Overview
Company Overview Strong History & Leading Position Global Leader in some Specialty Segments Unique Proposition Established in 1981, Cosmo is the World’s largest producer of thermal Uniquely positioned with a strong blend of pioneer of BOPP films in India & lamination films. specialty/semi-spec
Slide 8: Speciality & Semi Speciality Growth and Margins
Speciality & Semi Speciality Growth and Margins Expanding Speciality & Semi-Speciality films portfolio (high margin category) (~10% CAGR over last 6 years) 120% 80 70 100% 60 Films Volume (%) Gross Margin/Kg 80% 38% 43% 52% 50 64% 62% 64% 71% 60% 40 30 40% 62% 57% 20 48% 20% 36% 38% 36% 29% 10 0%
Slide 9: Quarterly Films Margins & Capacity
Quarterly Films Margins & Capacity Quarterly movement in Films margin BOPP vs BOPET Films Volume 120% 80 120% 70 100% 100% 60 12% 14% 10% 10% 6% 14% 15% 13% Films Volume (%) Gross Margin/Kg 80% 50 80% 65% 64% 61% 66% 69% 72% 73% 70% 60% 40 60% 30 40% 20 90% 90% 94% 88% 86% 86% 85% 87% 40% 20% 36% 39
Slide 10: EBITDA – Business Vertical wise: FY25
EBITDA – Business Vertical wise: FY25 12.6% 1.4% 12.5% -0.8% -0.7% Reported EBITDA Speciality Chemicals Pet Care Business Rigid Packaging Packaging
Slide 11: Q4 FY25 Performance Snapshot
Performance Snapshot INR Cr. Particulars Audited Q4 FY 24-25 Unaudited Q3 FY 24-25 Audited Q4 FY 23-24 Q4 FY25 Standalone Consolidated Standalone Consolidated Standalone Consolidated Net Sales 687 746 679 701 604 641 EBITDA 74 85 75 86 50 67 Performance EBITDA % 11% 11% 11% 12% 8% 11% PBT 23 33 27 3
Slide 12: Performance Snapshot – Management Commentary Continues
Performance Snapshot – Management Commentary Continues … 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 in
Slide 13: Leading in Sustainable Energy Solution
Leading in Sustainable Energy Solution 1. Renewable Energy usage has been close to 60% of energy consumption in FY25. 2. We are expecting it to increase to about 75% in next 12- 18 months. 3. Once fully operational, we expect power cost rationalization (incremental) of about Rs 20-25 crores pa.
Slide 14: Strategic Perspective: Why Cosmo First?
Why Cosmo First ? With new BOPP line (Highest width & speed) coming in H1 FY26, Company’s BOPP capacity will increase by 40%. This will enable Cosmo to become leading BOPP player in India with one of the Strategic lowest cost of production on new capacity. Expanding Speciality portfolio (10% CAGR
Slide 15: Strategic Perspective: Why Cosmo First?
Why Cosmo First ? Speciality Chemicals: Masterbatch plant (1st line with 75% captive consumption & 25% outside sale). Coating Chemicals – scale up in coming years. Strategic Complimentary Adhesive business for Packaging, Lamination and Labels – FY25. High teens EBITDA business in FY25 with
Slide 16: Business Overview: Films Business
Business Overview “FILMS Business”
Slide 17: Manufacturing Footprints & Offices
Manufacturing Footprints & Offices Thermal 200 26,000 (7 lines) Coating Metalising CPP 36,000 40,000 30,000 (8 lines) (7 lines) (3 lines) CSP 200 7,200 (2 lines) 3 200 2 lines BOPP line (81000 TPA) – Estimated in H1’FY26
Slide 18: Films Business - India Industry Dynamics & Capex Strategy
Films Business-India Industry Dynamics & Capex Strategy Data Source: AMI/PCI/Other Independent Research and Industry Sources
Slide 19: Films Business - Speciality Films Product Portfolio
Films Business - Speciality Films Product Portfolio PACKAGING FILMS LAMINATION FILMS LABEL FILMS INDUSTRIAL FILMS o Print & Pouching Films o Thermal Lamination & Wet o Pressure Sensitive Label o Synthetic paper o Tape & Textile Films Lamination stock films o Cable Overwrap o Barrier Films o Special
Slide 20: Speciality Films Focus
Speciality Films Focus Continue to grow Specialty portfolio (10% Key Speciality Products: CAGR growth over last 6 years) Globally among top four players in BOPP Speciality films Speciality Label Films – Second largest player in the World Movement to Specialties brings stability in Therma
Slide 21: Focus on R&D and innovation to fuel next phase of growth
Focus on R&D and innovation to fuel next phase of growth Infrastructure Innovative Product Launches Cosmo Sunshield Window Films( Rainbow Series and Ultra Cool Series)- having residential, commercial, automotive, hospitality applications) Transparent CPP film especially developed for chocolate s
Slide 22: Films Business – Customers/Brands we Serve
Films Business – Customers/Brands we Serve Company stands as a trusted partner to a prestigious portfolio of large blue chip companies and renowned brands. . . Disclosure: All these are trademarks of respective Owners
Slide 23: Rigid Packaging Plastech Business Overview
Rigid Packaging “Plastech” Domestic Industry size of INR 10,000 Cr and growing @ 10%+ End-to-end rigid packaging solutions. Business Overview Specializes in creating customized packaging solutions for a variety of fast- moving consumer goods products. “Rigid Packaging” State-of-the-art machi
Slide 24: Speciality Chemicals Business Overview
Cosmo Speciality Chemicals Business Overview Masterbatches Adhesives Coating Chemicals India Industry size is 500k mt. Adhesive kick started from India Industrial coating Industry growing by 11% pa. H2’FY23 size is 1200k mt. “Speciality Plans to produce all Global Industry USD 52 billion
Slide 25: Cosmo Sunshield & Cosmo PPF Business Overview
Cosmo Sunshield & Cosmo PPF Business Overview Cosmo Sunshield Cosmo PPF “Cosmo Sunshield and Multiple types of window films High quality grade launched for sold in India namely Heat Indian market Cosmo PPF” rejection, safety, privacy, India Industry size roughly (Launched in May 2025) decorati
Slide 26: Cosmo Sunshield New Ad Campaigns
Cosmo Sunshield New Ad Campaigns
Slide 27: Business Overview D2C Petcare - Zigly
Business Overview The Pet care market in India is booming with: • ~25% Projected Annual Growth • ~35MM pets D2C PETCARE • ~1MM annual adoptions UNDER BRAND Indian Petcare Market “ZIGLY” 20000 Rs 17500 Cr 18000 16000 14000 Pet penetration in developed markets like US 12000 & UK is more then 68% and g
Slide 28: Zigly - Business Model and Key Tractions
Key Tractions Zigly - Business Model 15 Cr GMV (Q4’25) Retail outlets Own Service Other 60K + E-commerce Marketplace Marketplace Customers served in CFY website and App Private label One Stop solution retail available on 7100+ outlets offering Amazon,Flipkart Acting as an and Qcom SKUs available agg
Slide 29: Plan for Petcare Vertical Zigly
Plan for Petcare Vertical “Zigly” India Petcare industry INR 8k crores (25% expected growth rate) Smaller families, rising income levels and limited social lives (especially post Covid-19) No large scale organized players in India offering end to end comprehensive solution – Zigly’s focus is m
Slide 30: Financial Overview & ESG
Cosmo First Financial Overview & ESG
Slide 31: Annual and YTD Performance Snapshot
Annual and YTD Performance Snapshot INR Cr Audited FY 24-25 Audited FY 23-24 Audited FY 22-23 Audited FY 21-22 Particulars Standalone Consolidated Standalone Consolidated Standalone Consolidated Standalone Consolidated Net Sales 2736 2895 2391 2587 2742 3063 2824 3038 EBITDA 301 362 213 251 396 434
Slide 32: Key Financial Snapshot
Key Financial Snapshot Net debt/EBITDA 2.7 times and net debt to equity at 0.7 times –Mar’25 Rewards (Dividend/Buyback) (% to NET DEBT (INR CR) PAT) 1,200 967 100% 63% 69% 1,000 22% 22% 24% 30% 727 50% 20% 17% 20% 20% 12% 800 584 561 600 438 434 0% 303 400 200 - MAR-19 MAR-20 MAR-21 MAR-22 MAR-23 MA
Slide 33: Shareholding Pattern – March 2025
Shareholding Pattern –March 2025 1.65 Promoter and Promoter Top Non-Promoter Shareholding – 31st Mar 2025 Group 1 Minaxi Bhalchandra Trivedi 1.47% Institutional 40.98 54.16 2 Pankaj Poddar 0.96% Non Institutional 3 Tejas Balchandra Trivedi 0. 95% Cosmo Films ESOP 2015 Trust 4 Dolly Khanna 0.78% 3.21
Slide 34: ESG & Sustainability Initiatives - CareEdge Good ESG Rating
ESG & Sustainability Initiatives - CareEdge “Good” ESG Rating Product Practices Manufacturing Practices Offering mono-material for ease of recycling. Recycling of manufacturing waste for further film Production (about 95%) Designed heat resistant BOPP films replacing BOPET; giving push to creation
Slide 35: Board of Directors
Board of Directors Mr. H N Sinor Mr. Ashok Jaipuria Independent Director Chairman & Managing Director Over 4 decades experience in public as well as private sector banks A first generation entrepreneur with over forty years like UBI, Central Bank of India and ICICI Bank. of experience in the corpora
Slide 36: Leadership Team
Leadership Team Mr. Kulbhushan Malik Global Business Head- Cosmo Films Over 25 years of experience in the areas of Business & Strategy Management, Sales and Financial management. Mr. Pankaj Poddar Group Chief Executive Officer Over 27 years of experience in Dr. Raj Sharma finance, advisory and vario
Slide 37: ESG Snapshot
ESG Snapshot Environmental Social 5 Cr FY25 7,50,000+ 49% 60% 12%+ 110K+ Governance 70% 2 70% 6
Slide 38: CSR Milestones
CSR Milestones Impact at a Glance: Environment: - States: 5 | Villages: 155 | Lives Touched: 7.5+Lakh - Miyawaki Forests | Agroforestry | Heritage Revival - Schools: 55 | Students: 68,000 - Solar Energy Usage | Water Filtration | Awareness Drives - Saplings: 1.10 Lakh ~ Green Cover: 169 Acres - Wate
Slide 39: Awards and Accolades
Awards and Accolades FY2024-2025 • Received SIES SOP Star Awards 2025 for metallized BOPP High Speed Packaging and Next Generation UHB-HR MO High Heat Resistance BOPP Film • Cosmo Films won the "Fastest Growing Enterprise of the Year 2024" award at the Modern Plastics Award • Greentech Global EHS Aw
Slide 40: Key Exhibitions Participated in FY25
Key Exhibitions Participated in FY25 Films - DRUPA, Germany – May 24 Plastech - IICE, India - Sep 24 Films - Paper Vietnam – June 24 Sunshield - Automechanika Dubai – Dec 24 Sunshield - Tint Off Show, Orlando – Sept Films -Label Expo, Chicago – Sept 24 24
Slide 41: Thank You
Thank You For more information, please contact: Cosmo First Ltd. Mr. Neeraj Jain Group Chief Financial Officer Email ID: neeraj.jain@cosmofirst.com; Mr. Shivang Goel Investor Relations Email ID: shivang.goel@cosmofilms.com