Announcement under regulation 30-Investor Presentation.
COSMOFIRST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Cosmo First Ltd reported FY26 revenue of Rs 3,639 Cr, up 26% YoY, with EBITDA of Rs 479 Cr (13.2% margin) up 32% YoY. Q4 FY26 showed strong momentum with revenue of Rs 1,021 Cr (up 37% YoY) and EBITDA of Rs 130 Cr (12.7% margin). The company completed a Rs 1,200+ Cr capex cycle over three years and is now focused on debt reduction, with net debt reduced by Rs 75 Cr from September 2025 to Rs 1,159 Cr (2.4x EBITDA). Key highlights include Specialty Chemicals EBITDA margin expansion to 26% (+800 bps YoY), Rigid Packaging revenue up 86% to Rs 92 Cr, and new consumer businesses (Window Films/PPF) reaching Rs 23 Cr annual revenue. The board recommended dividend of Rs 4 per share. Management targets include Specialty Chemicals Rs 350-400 Cr revenue by FY30 and Cosmo Consumer Rs 200 Cr by FY30.
The completion of capex phase combined with improving EBITDA margins and clear debt reduction roadmap signals the company is transitioning from investment to value creation phase. Specialty businesses showing margin expansion and new consumer verticals scaling up could drive re-rating, though high net debt of Rs 1,159 Cr remains a watch item.