Investor Presentation on Audited Standalone and Consolidated Financial Results for the Half Year and Financial Year ended 31st March, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Cosmic CRF Ltd reported its highest-ever revenue, EBITDA, and net profit in FY25. Consolidated revenue grew 58.4% YoY to ₹401.6 Cr, while PAT surged 141.8% to ₹30.8 Cr (FY24 standalone: ₹12.75 Cr PAT). Sales volume more than doubled to 55,941 MT (+127% YoY), aided by a 41% capacity expansion at the standalone Singur unit (32,000 → 45,000 MT) and a full-year contribution from subsidiary NSEPPL (65,000 MT capacity). H2 FY25 standalone EBITDA margin expanded by 211 bps to 10.4%, and annual standalone EBITDA margin rose to 11.7% (vs 8.9% in FY24). Consolidated order book stands at over ₹550 Cr, with the company recently receiving a credit rating upgrade to BBB (Stable). Free cash flow was negative ₹11.9 Cr due to CapEx of ₹46.85 Cr for capacity expansion and acquisitions, but management expects positive OCF/FCF from FY26 as new capacities ramp up.
Strong volume growth and margin expansion are positive for shareholders, signalling operational scale-up is working. However, negative operating cash flow and elevated working capital (trade receivables jumped to ₹77.57 Cr standalone) warrant monitoring. Management's multi-year volume-doubling target and disclosed pipeline acquisition plans (another Liquid Metal asset, Amzen resolution plan) suggest continued growth-led capex, which could pressure near-term cash flows but supports long-term revenue trajectory.