COSMOFIRSTNSECOSMO FIRST LIMITEDLowNeutral
Announced Thu, 17 Jul · 14:07 IST

COSMO FIRST LIMITED has informed the Exchange regarding a press release dated July 17, 2025, titled "Media Release".

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Cosmo First's pet care brand Zigly has entered the Mumbai market by launching its first pet hospital and experience center in Khar West, spanning over 1,520 sq. ft. The center was set up by acquiring the existing Small Animal Clinic & Surgical Centre, which already serves over 25,000 pet parents and is led by veterinarians Dr. Sanjiv and Dr. Rajni Rajadhyaksha. Zigly's annual recurring revenue has reached approximately Rs 56 crore (as of Feb 2025), with the company targeting to more than double this in the next 1-2 years. The facility offers consultations, diagnostics, pathology, radiology, vaccinations, surgeries, specialised dentistry, pharmacy, and grooming services, with plans to upgrade to a 24x7 facility. This launch follows recent openings in Hyderabad and Delhi, and comes amid India's pet industry projected to grow at 19% annually.

Likely market impact

This expansion strengthens Zigly's presence in Western India and supports Cosmo First's diversification beyond its core films business into the high-growth pet care segment. The move could boost investor sentiment around the Zigly vertical, though pet care still represents a relatively small portion of the company's overall revenue compared to its main films business.