Slide 1: A Perspective
A Perspective August 2023 Speciality Films, Speciality Chemicals & Petcare Flexible Packaging I Lamination I Labeling I Synthetic Paper I Speciality Chemicals I D2C Petcare (Zigly)
Slide 2: Disclaimer
Disclaimer 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 f
Slide 3: Discussion Summary
Discussion Summary Cosmo First – An Overview June 2023 Quarter - Performance Snapshot Strategic Perspective Our Businesses: Films Business Specialty Chemical D2C Petcare – Zigly Financials Overview ESG Focus
Slide 4: Company Overview
Company Overview Strong History & Leading Position Global Leader in some Specialty Segments Unique Proposition Established in 1981, Cosmo Films World’s largest producer of thermal Uniquely positioned with good mix of Ltd.is the pioneer of BOPP Films lamination films. specialty/semi specialty (
Slide 5: Company Overview - Our Businesses
Company Overview - Our Businesses Speciality films focused business Verticals: Zigly is D2C, Digital First Omni with target to sell 80% BOPP Masterbatch (From FY22) Channel platform for Pets (Petcare based volume of speciality films Coating Chemicals (From FY22) is high growth Industry growing at
Slide 6: Company Overview - Key Milestones
Company Overview - Key Milestones ►Established in 1981, Cosmo Films Ltd.is ►2012: 2nd ►Petcare ►2016: CPP line-1 the pioneer of BOPP Films Industry in coating line ►Speciality Chemicals ►2017: 10th BOPP India; ►2013: 9th line ►Today leading Specialty film player BOPP line 2022 ►2010: 2nd globally an
Slide 7: Company Overview – Why Named “Cosmo First”
Company Overview – Why Named “Cosmo First” Known for launching Pioneer of BOPP films Innovative Speciality Films Industry in India first in India First to have D2C Business Partners & True Omni-Channel People First Presence in India Approach Sustainability First Speciality Chemical Approach in the l
Slide 8: Speciality & Semi Speciality Growth and Margins
Speciality & Semi Speciality Growth and Margins Expanding Speciality & Semi-Speciality films portfolio (high margin category) (FY23 62% volume; 13% CAGR over last 4 years). Target 80%+ volume from Speciality & Semi Speciality segment by 2025. 120% 80 70 100% 60 80% 38% 43% 52% 50 62% 65% 60% 40
Slide 9: June 2023 Quarter Results Update
JUNE 2023 QUARTER RESULTS UPDATE
Slide 10: June 2023 Quarter - Performance Snapshot
June 2023 Quarter - Performance Snapshot INR Cr Unaudited Q1 FY 23-24 Audited Q4 FY 22-23 Unaudited Q1 FY 22-23 Particulars Standalone Consolidated Standalone Consolidated Standalone Consolidated Net Sales 602 658 601 715 791 843 EBITDA 46 55 61 74 143 150 EBITDA % 8% 8% 10% 10% 18% 18% PBT 9 16 25
Slide 11: June 2023 Quarter - Performance Snapshot
June 2023 Quarter - Performance Snapshot Management Commentary Continues The exports markets showed signs of improvement with better specialty sales. Cosmo with over two third of its revenue coming from BOPP speciality films could withstand the margin pressure better than the industry. We continue
Slide 12: FY22-23 - Performance Snapshot
FY22-23 - Performance Snapshot INR Crores Audited FY 20-21 Audited FY 21-22 Audited FY 22-23 Particulars Standalone Consolidated Standalone Consolidated Standalone Consolidated Net Sales 2,083 2,285 2,824 3,038 2,742 3,063 EBIDTA 398 430 526 620 396 434 EBIDTA % 19% 19% 19% 20% 14% 14% PBT 305 329 4
Slide 13: Strategic Perspective
STRATEGIC PERSPECTIVE <} Cosmo First Ahead Abvays www.cosmofirst.co! BRL, zigty BG btn)
Slide 14: Why Cosmo First ?
Why Cosmo First ? A Company with diversified businesses with target 20% CAGR topline growth in next 3 years coupled with commensurate return growth Potential high Growth Engines include Speciality Films, Speciality Chemicals and a digital first, D2C Petcare business Speciality Films: Expandi
Slide 15: Key Capex to Fuel Growth
Key Capex to Fuel Growth Films Business: Estimated Annual Estimated S.No. Capex Project Capex Capacity Commercial (INR Crs) (MT) Production by 1 BOPP Line (World’s Largest Line) 350 67,000 H1’FY 2026 2 CPP Films Line (World’s Largest Line) 140 25,000 H1’FY 2025 3 Value add assets for Specialized BOP
Slide 16: Business Overview “Films Business”
BUSINESS OVERVIEW “FILMS BUSINESS”
Slide 17: 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 18: 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 19: Speciality Films Focus
Speciality Films Focus Grow Speciality portfolio by volume from Key Speciality Products: 62% in FY23 to 80%+ by 2025 Globally among top four players in BOPP Speciality films Speciality Label Films – Second largest player in the World Each 1% shift in Speciality adds EBITDA Thermal Lamina
Slide 20: Speciality Films: Specialized BOPET Line (H2, FY23)
Speciality Films: Specialized BOPET Line (H2, FY23) Worlds’ largest line for Shrink Labels and Heat Control Films Shrink Labels – global market @ 130k MT Opportunity in India to convert non-recyclable PVC film market (30k MT) Project estimated cost INR 450 crores (with value added assets) wi
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 Direct Thermal Printable Film: Film specially designed for niche applications like information labelling (airport baggage tags), inventory tracking, frozen food R&D labs with most sophisticated la
Slide 22: Films Business - Manufacturing Footprints & Offices
Films Business - Manufacturing Footprints & Offices
Slide 23: Films Business – Customers/Brands we Serve
Films Business – Customers/Brands we Serve . . Disclosure: All these are trademarks of respective Owners
Slide 24: Business Overview “Speciality Chemicals Business”
BUSINESS OVERVIEW “SPECIALITY CHEMICALS BUSINESS” Specialty Chemicals Masterbatches Adhesives Coating Chemicals (Capacity- 10K MT) (Capacity- 2.5K MT) (Capacity- 5K MT)
Slide 25: Specialty Chemicals
Specialty Chemicals Masterbatches Adhesives India Industry size is 500k mt. Adhesive is planned to kick start from H2’FY23 Industry growing by 11% pa. Global Industry USD 52 billion (5% growth Masterbatch is a concentrated mixture of rate) pigments and additives used for imparting India
Slide 26: Business Overview D2C Petcare Under Brand “Zigly”
BUSINESS OVERVIEW D2C PETCARE UNDER BRAND “ZIGLY” Indian Petcare Market Rs 12500 25% Cr Rs Rs 5100 3000 19% Cr Cr FY 2020 FY 2023 FY 2027 Pet penetration in developed markets like US & UK is more then 68% and growing. The Pet care market in India is booming with • ~25% Projected Annual Growth • ~32M
Slide 27: Petcare Vertical (Zigly) Plan
Petcare Vertical (Zigly) Plan India Petcare industry INR 5k 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 Average spending on pe
Slide 28: Zigly – Key Tractions
Zigly – Key Tractions 13 Cr 3 cr 24K + 4400+ GMV (FY’23) Current Monthly Customers served with 6k+ SKUs available GMV Zigly Pro members App 41% 170K + 1 lac + First Petcare app Repeat customers Customers database Social Media followers
Slide 29: Zigly - Business Model
Zigly - Business Model Retail outlets Own E-commerce Service Other Marketplace website and App Marketplace Private label One Stop solution retail available on Amazon outlets offering 4400+ SKUs Acting as an Products available on website Grooming aggregator for panel of Van Veterinary groomers and tr
Slide 30: Financial Overview
<} Cosmo First Ahead Abvays Financial Overview cosmo + www.cosmofirst.com OurBusinesses: {JF COSMOFILUS QE. zigKy
Slide 31: Key Financial Snapshot
Key Financial Snapshot Net-Worth and Book-Value per share 1,298 ROCE % 1,191 854 29% 680 741 22% 573 620 16% 456 443 14% 381 258 305 483 9% 156 199 216 237 131 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 Global Net Worth (INR Crores) Boo
Slide 32: Leverage Profile
Leverage Profile Strong financials with continuing Capex. Net debt/EBITDA 1.0 times and net debt to equity at 0.3 times (March 2023) Net Debt (INR Cr) 800 727 600 584 438 434 400 303 200 - Mar-19 Mar-20 Mar-21 Mar-22 Mar-23
Slide 33: Shareholding Pattern – June 2023
Shareholding Pattern – June 2023 1.19 Top Non-Promoter Shareholding – 30th June 2023 Shareholding 30th June 2023 Acadian Emerging Markets Small Capp 1 0.81% Equity Fund LLC Promoter and Promoter 48.34 44.96 Group 2 Aequitas Equity Scheme I 0.74% Institutional 3 Pankaj Poddar 0.68% Non Institutional
Slide 34: ESG and Sustainability Initiatives
ESG and Sustainability Initiatives CareEdge “GOOD” ESG Rating
Slide 35: Sustainable Manufacturing and Product Practices
Sustainable Manufacturing and Product Practices Product Practices Manufacturing Practices Offering mono-material poly-olefin films for Recycling of manufacturing waste for further film ease of recycling. Production (about 95%) Designed heat resistant BOPP films replacing 5% reduction in carb
Slide 36: Board of Directors
Board of Directors Mr. Pratip Chaudhuri Mr. Ashok Jaipuria Non-Executive & Non Independent Director Chairman & Managing Director Extensive experience in the fields of Corporate Finance, Treasury, A first generation entrepreneur with over forty Asset Management and International Banking. years of exp
Slide 37: Leadership Team
Leadership Team Mr. Kulbhushan Malik Business Head- Cosmo Films Over 24 years of experience in the areas of Business & Mr. Pankaj Poddar Strategy Management, Sales and Financial management. Group Chief Executive Officer Over 27 years of experience in Mr. Sanjay Chincholikar finance, advisory and var
Slide 38: ESG Snapshot
ESG Snapshot Environmental Social Governance
Slide 39: CSR Milestones (2008-2023)
CSR Milestones (2008-2023) ¢ COS tg Education Sanitation Environment & Plantation 43 40 ons 200 4 55000 148 fin Schools Enrolled Scholarship Toilet ‘Water Tanks Tree Plantation Total green cover 24 46 11 T1 sencote WE 92% Computer Labs Computer Awards Handwash Stands Rain Water Farmers Impacted Surv
Slide 40: Awards and Accolades
Awards and Accolades FY 2022-23 • Featured as one of the Top 10 Companies from India in Forbes Asia Best under A Billion 2022 list • Ranked as one of India’s Fastest Growing Companies by BW Business World Magazine • Cosmo First grabbed “Most enterprising Business Award” by prestigious Entrepreneur M
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; sachin.goel@cosmofirst.com Adfactors PR Pvt. Ltd. Aashvi Shah / Snighter Albuquerque Tel: +91 98210 43389/ +91 9819123804 Email: aashvi.shah@adfactorsp