Cosmo First Limited · NSE:COSMOFIRST
Cosmo First — Cosmo Films — Investor Presentation (June 2020)
35 slides from Cosmo First's investor presentation, Jun 5, 2020
Slide 1: Exchange filing cover letter: Investor Presentation
CFL/SEC/SE/PS/2020-21/JUNE JUNE/05 June 5, 2020 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/1, G Block, Mumbai-400 001 Bandra – Kurla Complex Scrip Code: 508814 Mum
Slide 2: Investors Presentation: Speciality Films for Sustainable Packaging
Investors Presentation Speciality Films for Sustainable Packaging Flexible Packaging I Lamination I Labeling I Synthetic Paper June 2020
Slide 3: Discussion Summary
Discussion Summary Company Overview India Industry – Key Dynamics and Capex Strategy Key Focus Areas - R&D, Sustainability and Specialty Company Financials Corporate Governance & Management Why Invest in Cosmo Films? Corporate Social Responsibility 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
Slide 6: Company Overview - Milestones
Company Overview - Milestones 2007 2006 2005 2004 2003 2002 2001 1996 1988 1981 1st 2nd BOPP Line 3rd BOPP Line 4th BOPP Line Acquired 5th BOPP 6th BOPP line 2nd 3rd & 4th BOPP Line Extrusion 5th Gujarat Extrusion Line Coating Extrusion Propack Ltd 1st Extrusion Coating line line Coating Coating lin
Slide 7: Company Overview - Milestones
Company Overview - Milestones 2021 (P) 2020 2018 2017 2015 2016 2014 2012 2013 2011 2010 2008 2009 6th & 7th Acquired GBC 4th & 5th 2nd Korea 2nd Coating 9th BOPP 3rd CPP 10th BOPP CPP 6th Extrusion Commercial Coating line Masterbatch Metallizer Plant Line Line Coating Line-1 Line Line-2 Coating Coa
Slide 8: 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 9: Company Overview - Product Portfolio
Company Overview - Product Portfolio SALES REVENUE 24% 38% 14% PACKAGING FILMS LAMINATION FILMS LABEL FILMS INDUSTRIAL FILMS 24% o Print & Pouching Films o Standard Range o Pressure Sensitive Label o Synthetic paper (Thermal Lamination & stock films o Tape & Textile Films o Barrier Films Wet Laminat
Slide 10: 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 Shendra, Aurangabad, India 1 Line 5 Lines 2 Line 1 Line PLANTS Asan, Korea 1 Line TOTAL INSTALLED CAPACITY
Slide 11: Company Overview - Customer Base
Company Overview - Customer Base CANADA GERMANY US KOREA JAPAN CHINA INDIA Sales FY 19-20 43% Export 57% Domestic Manufacturing Locations Sales Offices-Other than manufacturing locations 9
Slide 12: Key Customers
Key Customers Disclosure: All these are trademarks of respective Owners 10
Slide 13: Some of the brands we service
Some of the brands we service Disclosure: All these are trademarks of respective Owners 11
Slide 14: India Industry Dynamics and Capex Strategy
India Industry Dynamics and Capex Strategy Data Source: AMI/PCI/Other Independent Research and Industry Sources 12
Slide 15: Key Focus Areas
Key Focus Areas Speciality and Product Mix 1 Skewing Product Mix more towards specialty products, with consequently better margins and removing cyclability impact. R&D and Sustainability Focus More & more green practices in manufacturing, more films enabling 2 circular economy. Innovation led produc
Slide 16: Key Specialty Products launched during last few quarters
Key Specialty Products launched during last few quarters High Tear Resistant Synthetic Paper High Barrier Heat Resistant Film (CSP) o Specifically designed for printing o Originally designed for high tear resistant layer as a replacement of BOPET tag applications. Also offers moisture, film in multi
Slide 17: Research and Development – A Snapshot
Research and Development – A Snapshot Focus areas Infrastructure Achievements • Identifying technical (product/applications) growth • R&D labs with most sophisticated • Recognition and certification by Department of areas through customer activities, exhibitions, equipments, one in India & one in th
Slide 18: Recent R&D led infrastructure Investment
Recent R&D led infrastructure Investment ▪ Investment of 1M$ in new R&D centre in India ▪ New pilot line for customized product trials for film manufacturing, coating and lamination. ▪ Product Application Centre to validate print quality in-house ▪ Screen, UV Flexo, Direct Thermal and Thermal Transf
Slide 19: Sustainable Product Practices
Sustainable Product Practices 17 17
Slide 20: 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 21: CRM- A 360 degree view for Customers
CRM- A 360 degree view for Customers Visibility to stage wise progress of order from order receipt to order dispatch Auto email alerts at every stage of order processing with the final email containing LR/BL documents Automated process of sending invoice, packing lists and shipment plan to cus
Slide 22: Initiatives to improve Quality Culture
Initiatives to improve Quality Culture Implemented Six Sigma System at the organizational level to Initiated small quality improvement projects with lower level improve quality culture. cross functional teams to reduce customer quality complaints. 15 people trained as six sigma green belts las
Slide 23: Some Recent Achievements
Some Recent Achievements FY 2019-20 Ranked as 10th in the list of Fortune’s Next 500 midsize companies Worldstar Packaging Award 2020 in the Beverages category for Sterilisable Conduction Sealing Film. Recognized as one of the top 500 corporates by Dun & Bradstreet Received the Best Employer
Slide 24: COVID-19 Impact
COVID-19 Impact Due to lockdown announced by the Government of India caused by COVID-19 pandemic, the operations of the Company had been temporarily suspended at Gujarat and Maharashtra plants for a few days in March & April, 2020 which resumed operations in first half of April 2020 as the Company
Slide 25: Financials
Financials INR Crores Audited FY 17-18 Audited FY 18-19 Audited FY 19-20 Particulars Standalone Consolidated Standalone Consolidated Standalone Consolidated Net Sales 1,749 1,847 2,050 2,157 2,032 2,204 EBIDTA 181 168 169 181 262 280 EBIDTA % 10% 9% 8% 8% 13% 13% PBT 85 64 69 72 163 163 PAT 85 64 58
Slide 26: Financials Contd..
Financials Contd .. INR Crs Audited Q4 FY 19-20 Unaudited Q3 FY 19-20 Audited Q4 FY 18-19 Particulars Standalone Consolidated Standalone Consolidated Standalone Consolidated Net Sales 474 524 534 580 522 550 EBIDTA 74 78 75 77 58 58 EBIDTA % 16% 15% 14% 13% 11% 11% PBT 45 37 51 52 35 34 PAT 29 21 36
Slide 27: Financials - Key Ratios
Financials - Key Ratios Audited FY 17-18 Audited FY 18-19 Audited FY 19-20 Particulars Standalone Consolidated Standalone Consolidated Standalone Consolidated ROE (%) 14% 11% 9% 9% 16% 16% ROCE (%)* 10% 9% 8% 9% 15% 14% Net Worth (INR Crores) 637 620 695 680 745 741 Net Debt (INR Crores) 617 681 588
Slide 28: Corporate Governance - Board of Directors
Corporate Governance - Board of Directors Mr. Ashok Jaipuria Mr. Rajeev Gupta Mr. A. K. Jain Mr. H. K. Agrawal Ms. Alpana Parida Chairman & Managing Non Executive Non Whole Time Director Independent Director Independent Director Director Independent Director Our founder Chairman & Mr. Jain has over
Slide 29: Corporate Governance - Board of Directors (Contd..)
Corporate Governance - Board of Directors (Contd..) Mr. Pratip Chaudhuri Mr. H. N. Sinor Dr. Vivek Nangia Mr. Anil Wadhwa Non Executive Non Independent Independent Director Independent Director Independent Director Director Mr. H. N. Sinor has been a Dr. Nangia is one of the very few Mr. Wadhwa is a
Slide 30: Senior Management
Senior Management Mr. Pankaj Poddar Mr. Neeraj Jain Mr. Sanjay Chincholikar Chief Executive Officer Chief Financial Officer Head- Operations (India Films Business) Mr. Pankaj Poddar’s career spans over a period of Mr. Neeraj Jain has over two decades of Mr. Sanjay Chincholikar's career spans over th
Slide 31: Why Invest in Cosmo Films?
Why Invest in Cosmo Films? Strong R&D focus – Uniquely positioned – Strong Financials (March 2020) Sustainability focus company during phase - Ahead in Product Development Curve Mix of Specialty and BOPP Films - ROE 16% of change in flexible packaging - Company will high R&D focus will have edge in
Slide 32: Shareholding Pattern
Shareholding Pattern Shareholding Pattern (%age) 44% Promoter Shareholding* Non-Promoter Shareholding* 56% Top Non-Promoter Shareholders*: 1. Mr. Anil Kumar Goel 3.1% 2. M/s Cosmo Films ESOP 2015 Trust 2.5% 3. Aequitas Equity Scheme-I 0.9% 4. Lucky Holdings Private Limited 0.9% 5. Principal Small Ca
Slide 33: Corporate Social Responsibility
Corporate Social Responsibility Some of the Flagship Programs (Education to 10,000+ Students) Computer Literacy Program Basic English Learning Program Cosmo Gyan Vihar Kendra Covers 4,000 students from Implementation in 8 primary schools Identifies, enrolls and grades class I to XII every year with
Slide 34: 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 35: Thank you
Thank you www.cosmofilms.com