COSMO FIRST LIMITED has informed the Exchange regarding a press release dated Jun 02, 2025, titled "Media Release".
COSMOFIRST · price
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Cosmo First has commissioned a new BOPP (Biaxially Oriented Polypropylene) Film Line at its existing plant in Aurangabad, Maharashtra, with a capex of Rs 400+ crores. The new line is one of the world's highest capacity lines, producing 81,200 MT per annum using the world's most advanced technology. This increases the company's total BOPP capacity by about 40% to 2,77,000 MT per annum. The company expects strong demand, eligibility for state government incentives, and aims to grow specialty film sales, which have been growing at a 10% CAGR over the last 6 years.
This is a major capacity expansion that strengthens Cosmo First's leadership in the BOPP films segment and should drive revenue growth. Shareholders can expect higher volumes and improved cost efficiency, though the Rs 400+ crore capex will also mean higher depreciation and debt servicing in the near term.