Slide 1: Q1 FY26 Investor Presentation
Cosmo First > Ahead Always EXPANDING HORIZOK Q1 FY26-Investor Presentation Speciality Films, Speciality Chemicals, Rigid Packaging, Window Films (Sunshield) & Paint Protection Films, D2C Petcare 2033 \ Our Businesses: EFLOSMOFILMS Gcosmop.asTecH COSMO SUNSHIELD
Slide 2: Discussion Summary
Discussion Summary Cosmo First – An Overview Q1 FY26 - Performance Snapshot Strategic Perspective Our Businesses: Films Business Specialty Chemicals Rigid Packaging (Plastech) D2C Petcare (Zigly) Window Films (Sunshield) & Paint Protection Film (PPF) Financial Overview ESG Focus Sli
Slide 3: 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 4: 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: New BOPP line added about 45% capacity in June 2025 Masterbatch (From FY21) Coating Chemicals (From FY22) Adhesive (From FY24)
Slide 5: Company Overview - Key Milestones
Company Overview - Key Milestones ► Established in 1981, Cosmo Films Ltd is ►2016: CPP line-1 ►Speciality ►Rigid (Sheets & pioneer of BOPP Films Industry in India; Chemicals thermoforming) ►2012: 2nd ►2017: 10th BOPP ►Metallized Capacitor ► Globally amongst top four in BOPP coating line line ►Petcar
Slide 6: 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 7: BOPP Speciality & Semi Speciality Growth and Margins
BOPP 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% 68% 71% 60% 40 30 40% 62% 57% 20 48% 20% 36% 38% 36% 2
Slide 8: BOPP Quarterly Films Margins & Capacity
BOPP Quarterly Films Margins & Capacity BOPP Quarterly movement in Films margin Films Volume Bifurcation 120% 80 120% 70 100% 100% 60 6% 14% 15% 13% 13% Films Volume (%) Gross Margin/Kg 80% 50 80% 69% 72% 73% 70% 68% 60% 40 60% 30 40% 20 94% 86% 85% 87% 87% 40% 20% 31% 28% 27% 30% 32% 10 0% - 20% Q1
Slide 9: EBITDA – Business Vertical wise
EBITDA – Business Vertical wise: 12.6% FY25 1.4% 12.5% -0.8% -0.7% Reported EBITDA Speciality Chemicals Pet Care Others Packaging 15.9% Q1 FY26 1.6% 15.6% -0.9% -1.0% Reported EBITDA Speciality Chemicals Pet Care Others Packaging Slide 9 of 39
Slide 10: Performance Snapshot Q1 FY26
Performance Snapshot INR Cr. Particulars Unaudited Q1 FY 25-26 Audited Q4 FY 24-25 Unaudited Q1 FY 24-25 Q1 FY26 Standalone Consolidated Standalone Consolidated Standalone Consolidated Net Sales 751 800 687 746 647 690 EBITDA 97 116 74 85 65 84 Performance EBITDA % 13% 15% 11% 11% 10% 12% PBT 38 54
Slide 11: Performance Snapshot – Management Commentary Continues
Performance Snapshot – Management Commentary Continues … Window film which started operations in May 2025 under brand “Sunshield” has gained momentum with 50+ distributors. The Company has invested in key packaging assets over last three years including BOPP, CPP, Window / PPF film. All these in
Slide 12: Leading in Sustainable Energy Solution
Leading in Sustainable Energy Solution Slide 12 of 39 Slide 12 of 39
Slide 13: Strategic Perspective – Why Cosmo First?
Why Cosmo First ? With new BOPP line (Highest width & speed) commissioned in Jun’25, Company’s BOPP capacity has increased by 45%+. This will enable Cosmo to become leading BOPP player in India Strategic with one of the lowest cost of production on new capacity. Expanding Speciality portfolio (10
Slide 14: 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 15: Business Overview “FILMS Business”
Business Overview “FILMS Business” Slide 15 of 39
Slide 16: Manufacturing Footprints & Offices
Manufacturing Footprints & Offices 200 200 6 lines 3 200 2 lines Slide 16 of 39
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 Slide1717ofof3939
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 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 20: 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 Retort grade transparent CPP film-(easy seal and peal film) Green Graphics( PVC free)- Sustainable structure- High demand in the product , presently being imported. R&D labs with most sophistica
Slide 21: 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 21 of 39
Slide 22: Cosmo 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 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: Cosmo Sunshield & Cosmo PPF
Cosmo Sunshield & Cosmo PPF Business Overview Cosmo Sunshield Cosmo PPF “Cosmo Sunshield and Multiple types of window films sold in India namely Heat High quality grade launched for Indian market Cosmo PPF” rejection, safety, privacy, Industry size of ~ 500 Cr PA. (Launched in May 2025) decora
Slide 25: Business Overview D2C Petcare
Business Overview The Pet care market in India is booming with: • ~20% 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 26: Zigly - Business Model
Key Tractions Zigly - Business Model 16 Cr GMV (Q1’26) Retail outlets Own Service Other E-commerce Marketplace Marketplace 24K + Customers served in Q1FY26 website and App Private label One Stop solution retail available on 7100+ outlets offering Amazon,Flipkart Acting as an and Qcom SKUs available
Slide 27: Plan for Petcare Vertical “Zigly”
Plan for Petcare Vertical “Zigly” India Petcare industry INR 8k crores (20% 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 28: Financial Overview & ESG
Financial Overview & ESG Slide 28 of 39
Slide 29: Annual and YTD Performance Snapshot
Annual and YTD Performance Snapshot INR Cr Unaudited Q1 FY26 Audited FY 24-25 Audited FY 23-24 Audited FY 22-23 Particulars Standalone Consolidated Standalone Consolidated Standalone Consolidated Standalone Consolidated Net Sales 751 800 2736 2895 2391 2587 2742 3063 EBITDA 97 116 301 362 213 251 39
Slide 30: 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 - M AR- 1 9 M AR- 2 0 M AR- 2 1 M AR- 2
Slide 31: Shareholding Pattern – June 2025
Shareholding Pattern –June 2025 1.64 Promoter and Promoter Top Non-Promoter Shareholding – 30th Jun 2025 Group 1 Ravi Kant Jaipuria 1.45% Institutional 40.98 53.21 2 Minaxi Bhalchandra Trivedi 1.41% Non Institutional 3 Pankaj Poddar 0.96% Cosmo Films ESOP 2015 Trust 4 Tejas Balchandra Trivedi 0. 95%
Slide 32: Board of Directors
Board of Directors Mr. H N Sinor Mr. Ashok Jaipuria Non-Executive & Non 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 exper
Slide 33: 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 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: ESG Snapshot
ESG Snapshot Environmental Social 5 Cr FY25 7,53,000 40% 50% 12%+ 110K+ Governance 60% 2 70% 6 Slide 35 of 39
Slide 36: 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 37: Awards and Accolades
Awards and Accolades Slide 37 of 39
Slide 38: Key Exhibitions Participated
Key Exhibitions Participated Films (Label Expo Mexico April 25) Films (Label Expo Southeast Asia May 25) Sunshield Automec Brazil – April 2025 Sunshield - Tint Off Show, Orlando – Sept 24 Films -Label Expo, Chicago – Sept 24 Plastech - IICE, India - Sep 24 Slide 38 of 39
Slide 39: 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