COSMOFIRST
Cosmo First reported mixed performance in Q4 FY23, with revenue growth offset by margin pressures. The company highlighted strong cash reserves and a focus on specialty films to drive future growth. Petcare segment showed promising expansion, while specialty chemicals are expected to contribute more with new product launches.
Scale of reported figures
Key financials
| Net Sales | ₹601 crore | |
| EBITDA | ₹61 crore | |
| PAT | ₹21 crore |
Segment commentary
Films Business
Commodity films margins declined, impacting profitability. Specialty films at 62% volume provided resilience.
Specialty Chemicals
Expected growth with new adhesives and masterbatch expansion.
Petcare
Rapid growth with GMV of Rs. 2 crore monthly, planning acquisitions and scaling experience centers.
Guidance & outlook
- Expect improvement in margins as industry conditions stabilize.
- Target specialty films to reach 80% volume by FY25.
- Plan to demerge Petcare into a separate company in the medium term.
Key takeaways
- Strong focus on specialty films to mitigate margin pressures from commodities.
- Petcare segment showing rapid growth with plans for expansion through acquisitions and scaling.
- Balanced financial position with strong cash reserves supporting future investments.
Risks flagged
- Declining margins in commodity films due to excess supply.
- Geopolitical issues affecting export markets for specialty products.





Educational analysis only. Not investment advice. Consult a
SEBI-registered advisor before investing. Source: https://nsearchives.nseindia.com/corporate/COSMOFIRST_30052023095658_FINALs.pdf
Full transcript (4,319 words)
CFL/SE/2023-24/May/12 May 30, 2023
The Manager (Listing) The Manager (Listing)
BSE Limited National Stock Exchange of India Ltd.
Phiroze Jeejeebhoy Towers, Exchange Plaza,
Dalal Street, Plot no. C/1, G Block,
Mumbai-400 001 Bandra – Kurla Complex
Scrip Code: 508814 Mumbai-400 051
Security ID: “COSMOFIRST”
Sub: Investor Presentation
Dear Sir,
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations 2015, please find enclosed Investor Presentation on Operational and Financial
Performance of the Company for the Quarter ended on March 31, 2023. The Investor
Presentation is also being hosted on the website of the Company viz.,
https://www.cosmofirst.com/investors/investors-presentation.
You are requested to take the same on your records.
Thanking You
Yours faithfully
For Cosmo First Limited
(Formerly Cosmo Films Limited)
Jyoti Dixit
Company Secretary & Compliance Officer
Encl: a/a
Cosmo First Limited
Corporate/Regd. Office: 10th Floor, 1008, DLF Tower-A,
(Formerly Cosmo Films Limited) Jasola District Centre, New Delhi-110025
Email: enquiry@cosmofirst.com; www.cosmofirst.com
CIN: L92114DL1976PLC008355
Tel: +91 11 49494949; Fax: +91 11 49494950
A Perspective
May 2023
Speciality Films, Speciality Chemicals & Petcare
Flexible Packaging I Lamination I Labeling I Synthetic Paper I Speciality Chemicals I D2C Petcare (Zigly)
Disclaimer
Certain statements in this presentation are forward-looking
statements. These statements are based on management’s
current expectations and are subject to uncertainty and
changes in circumstances. These statements are not
guarantees of future results or occurrences. Actual results
other financial condition may differ materially from those
included in these statements due to a variety of factors.
Any forward-looking statements made by or on behalf of
Cosmo First speak only as to the date they are made, and
Cosmo First does not undertake to update forward looking
statements to reflect the impact of circumstances or events
that arise after the date the forward looking statements
were made.
Discussion Summary
Cosmo First – An Overview
March 2023, Year & Quarter - Performance
Snapshot
Strategic Perspective
Our Businesses:
Films Business
Specialty Chemical
D2C Petcare – Zigly
Financials Overview
ESG Focus
Company Overview
Strong History & Leading Position Global Leader in some Specialty Segments Unique Proposition
Established in 1981, Cosmo Films World’s largest producer of thermal Uniquely positioned with good mix of
Ltd.is the pioneer of BOPP Films lamination films. specialty/semi specialty (62% volume
Industry in India. Global second largest player in FY’23) and commodity films.
Promoted by Mr. Ashok Jaipuria, the Specialty label films Globally among top four players in BOPP
company is also the largest BOPP World’s largest supplier of Industrial Speciality films
film exporterfrom India. Application Films.
Films Production Facilities – Annual Ventured into Specialty Chemicals D2C Petcare Venture - “ZIGLY”
BOPP Films: 196K MT
D2C Omni channel business model to
Masterbatch: 10k MT
Thermal Films: 40K MT
address pets need at every stage of life.
Coating Chemicals: 5K MT
BOPET Films: 30K MT
To build India’s largest Pet care ecosystem
Adhesives: 2.5K MT
Coated Speciality Films:20K MT
with presence across the channels i.e.
Metalized Films: 22K MT
experience centers, online, mobile vans etc
CPP Films: 10K MT
ESG & Sustainability “CareEdge Good” Rating
Strong Financials Strong R&D Focus
Environment: Focus on reducing Green House
Continuous growth and profitability Collective R&D experience of over
Gas missions, green energy at plants, waste
track record. 100 years.
reduction, water treatment etc
Net Debt/EBITDA: 1.0 times (Mar’23) Eight current patents and another
Social: Education to 20k+ students, 2.5Lakh lives
Net Debt/Equity: 0.3 times (Mar’23) eight are in pipeline. touched in the fight against COVID-19
Governance: Strong Independent board with
66% of Independent Directors
Company Overview - Our Businesses
Speciality films focused business Verticals: Zigly is D2C, Digital First Omni
with target to sell 80% BOPP Masterbatch (From FY22) Channel platform for Pets (Petcare
based volume of speciality films Coating Chemicals (From FY22) is high growth Industry growing at
by FY25 (FY23 62%) Adhesive (From FY24) 25% CAGR)
Company Overview - Key Milestones
►Established in 1981, Cosmo Films Ltd.is ►2012: 2nd
►2016: CPP line-1
►Petcare
coating line
the pioneer of BOPP Films Industry in ►Speciality Chemicals
►2017: 10thBOPP
India; ►2013: 9th
line
►Today leading Specialty film player BOPP line 2022
►2010: 2nd
globally and leading BOPP player in India
metallizer ►2014: 3rd 2023
2016-17
►3rdand 4thextrusion line coating line
coating line;
►2011: Korea
2021
►Re-branded
►1stcoating line; plant 2012-14 to Cosmo
2018-20 First Limited
►Gas based
2010-11
electricity ►Specialized
generation unit 2015
►2018: CPP line-2
BOPET Line
►2020: 6thcoating
line
►4thand 5th
2006
►1996: 3rdBOPP line
coating line; 3rd
Masterbatch Line-1
►2001: 4thBOPP line 2009 metallizer line;
2007-08
►8th BOPP line Upgradation of
1996-01 US plant
2003-05 ►2007: 5thextrusion
coating line
►2008: 6thand 7th
extrusion coating line
►2003: 5thBOPP line
1981-88
►2004: 6thBOPP line; 1st
extrusion coating line; 1st
metallizer line
►1981: 1stBOPP line ►2005: 2ndextrusion coating line
►1988: 2ndBOPP line
Company Overview – Why Named “Cosmo First”
Known for launching
Pioneer of BOPP films
Innovative Speciality Films
Industry in India
first in India
Business Partners &
First to have D2C
People First
True Omni-Channel
Approach
Presence in India
Sustainability First Speciality Chemical
Approach in the launched some India
Industry first products
Speciality & Semi Speciality Growth and Margins
Expanding Speciality & Semi-Speciality films portfolio (high margin category) (FY23 62% volume;
13% CAGR over last 4 years).
Target 80%+ volume from Speciality & Semi Speciality segment by 2025.
120% 80
70
100%
60
80% 38% 43% 62%
52% 64% 50
60% 40
30
40%
62% 48%
36% 20
20% 57% 38%
10
0% -
FY19 FY20 FY21 FY22 FY23
Commodity Volume Speciality & Semi-Speciality Volume Commodity Margins Semi-Speciality Margins Speciality Margins
Notes:
1) Specialty sales has been stagnant in FY23 from FY22 mainly due to supply chain issues and geo-political crisis in some export markets
2) Margins denote per/kg contribution for respective films categories.
March 2023 Quarter - Performance Snapshot
INR Cr
Audited Q4 FY 22-23 Unaudited Q3 FY 22-23 Audited Q4 FY 21-22
Particulars
Standalone Consolidated Standalone Consolidated Standalone Consolidated
Net Sales 601 712 625 730 730 821
EBITDA 61 74 75 86 146 165
EBITDA % 10% 10% 12% 12% 20% 20%
PBT 25 35 40 49 119 135
PAT 21 32 36 46 93 108
EPS* 80 91 106 119 117 148
* EPS is calculated on the TTM basis after adjusting for Bonus issue in June’22 and buyback .
Management Commentary
During Q4, commodity films margins both BOPP and BOPET suffered a further decline severely impairing the
profitability of the industry. Cosmo with over two third of its revenue coming from speciality films could
withstand the margin pressure and outperformed the industry once again.
The Company expects the position to improve in the coming months bringing an end to QoQ declining phase,
happening since last 3 quarters. The Company will continue to build its speciality products portfolio and
maintain its lead over the other industry players.
March 2023 Quarter - Performance Snapshot
Management Commentary Continues
The Company’s Petcare vertical continue to grow rapidly and clocked monthly run rate revenue (GMV) of Rs. 2
crores from its 15 experience centres and increasing online presence through its website and mobile Apps. An
acquisition opportunity in the on-line petcare space is in the final stage and expected to be closed soon. This
would further accelerate the growth of the Petcare vertical.
The Speciality Chemical subsidiary is set to launch newer adhesives which together with healthy growth in
masterbatch vertical would enable the subsidiary to have further growth in FY 23-24.
The Company’s balance sheet remains strong with substantial cash reserve and net debt to EBITDA of about one
time.
The Board of Directors had recommended dividend of Rs 5 per equity share for the financial year FY 22-23 subject
to approval of shareholders in the annual general meeting. This coupled with the 1:2 bonus in June 2022 and
share buyback with tax free handsome gain over the market price in February 2023 affirms the Company’s
commitment to provide regular return and share prosperity with the shareholders.
FY22-23 - Performance Snapshot
INR Crores
Audited FY 20-21 Audited FY 21-22 Audited FY 22-23
Particulars
Standalone Consolidated Standalone Consolidated Standalone Consolidated
Net Sales 2,083 2,285 2,824 3,038 2,742 3,063
EBIDTA 398 430 526 620 396 434
EBIDTA % 19% 19% 19% 20% 14% 14%
PBT 305 329 430 517 275 304
PAT 216 237 313 397 207 244
EPS * 78 85 117 148 80 91
Book Value * 306 313 399 437 437 495
Key Highlights – FY23 Results
During FY23, BOPP and BOPET industry faced excess supply caused due to bunching of new production
lines. The contribution margin has been dropping on BOPP and BOPET films each quarter continuously
during FY23 and have reached below the sustainable levels in Q4, which impacted the whole BOPP and
BOPET industry. Cosmo could still outperform and post double-digit EBITDA primarily due to 62%
speciality films sales during FY23.
While the near-term BOPP & BOPET outlook remain challenging, the Company’s focus on speciality for
BOPP and BOPET should keep the Company on leading front.
Why Cosmo First ?
ACompany with diversified businesseswith target 20% CAGRtopline growth in next3 yearscoupledwith commensurate return growth
Potential high Growth Engines include Speciality Films, Speciality Chemicals and adigital first, D2C Petcarebusiness
Speciality Films:
Expanding Speciality portfolio(62% Volume; 13% annual growthin last 4 years).Target 80%+ Volume fromSpeciality by 2025 end
Targeting High Growth(70% capacity increase)–Specialized BOPET Line (Q3,FY23), CPP Line by FY’25, BOPP Line by H1’FY26
R&D & Sustainability focus(30+ highly qualified polymer/chemical scientists; Further expanding)
Eight current patents andanothereight arein pipeline
20% growthtargeted fromBOPET line
16% ROCE and 20% ROE–March2023
Strong financials (net debt/EBITDA at onetimes, net debt/equity at0.3 times)
AA-Credit Rating with stable outlookby CRISIL
Speciality Chemicals:
Masterbatchplant (1st line with 75% captive consumption & 25% outside sale).Expansionexpectedin next oneyear
Coating Chemicals –scaleup in coming years
Complimentary Adhesive businessforPackaging, Lamination andLabels–FY24
Target 25%+ ROCE business
Petcare:
UntappedIndustrygrowing @25%+
D2C Digital first Omni-channel presenceinProducts &Services
Monthly GMVRs 2 crorewith 15 experiencecenters &online presence–Target 100+ experiencecentersin next acouple ofyears.
Plan to demergePetcarevertical intoseparatecompany in medium term.
Key Capex to Fuel Growth
Films Business:
Estimated Annual Estimated
S.No. Capex Project Capex Capacity Commercial
(INR Crs) (MT) Production by
1 BOPP Line (World’s Largest Line) 350 67,000 H1’FY 2026
2 CPP Films Line (World’s Largest Line) 140 25,000 H1’FY 2025
3 Value add assets for Specialized BOPET line 100 FY 2024
Total 590*
*Out of above capex about Rs 100 crores already done in March 2023 balance sheet
Other Businesses:
Specialized Chemicals (scaling up in coming years) – Estimated INR 50 Cr Capex in next 3 years.
D2C Pet Care businesses (15 nos. of experience centers at March 2023 – plan to significantly increase to
100+ in a couple of years beside online business)
Films Business-India Industry Dynamics & Capex Strategy
Data Source: AMI/PCI/Other Independent Research and
Industry Sources
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 Special Application o Direct Thermal Printable o Other Specialized Film
o Barrier Films
Lamination Films films
o Overwrap Films
o Premium Lamination Films o In-mould films
o Heat resistant Film o Wrap Around label films
Films highlighted above in red color are Specialty Films, while with blue color include both specialty & non-specialty
Disclosure: All these are trademarks of respectiveOwners
Speciality Films Focus
Key Speciality Products:
Grow Speciality portfolio by volume from
Globally among top four players in BOPP Speciality films
62% in FY23 to 80%+ by 2025
Speciality Label Films – Second largest player in the World
Thermal Lamination Films – World’s largest supplier
Each 1% shift in Speciality adds EBITDA
Industrial Application Films – World’s largest supplier
between Rs 4 to 5 crores
Newer growth areas for Speciality:
Complimentary growth in Specialized BOPET
Synthetic Paper – Durable alternate to paper. Global market 100k
Line (Shrink labels, Heat reduction films and
MT (India 6k MT) - immense potential to grow.
other high end Speciality) – target 20%+ ROCE in
Sustainable solutions
medium to long term
Future Pipeline:
Investing resources on R&D & Sustainability:
Direct Thermal Printable Film (first BOPP film producer to launch)
Increased R&D headcount to 30+ highly
Sustainable PVC free solutions for graphic applications
qualified members. Further enhancing
Heat reduction films and Shrink Label film
R&D capability
Developed centralized R&D center at
Heat Control Film:
Aurangabad
Global Market size US$ 10 billion and expected to grow at 5% CAGR
Driving & investing in several sustainability
Increasing demand for films in the building and construction
projects
industry is expected to grow of the market.
Speciality Films: Specialized BOPET Line (H2, FY23)
Worlds’ largest line for Shrink Labels and Heat Control Films
Shrink Labels – global market @ 130k MT
Opportunity in India to convert non-recyclable PVC film market (30k MT)
Project estimated cost INR 450 crores (with value added assets) with about 4-5 years estimated
payback
Focus on R&D and innovation to fuel next phase of growth
Infrastructure Innovative Product Launches
Direct Thermal Printable Film: Film specially designed for niche applications like
information labelling (airport baggage tags), inventory tracking, frozen food
R&D labs with most sophisticated labeling & parking ticket applications.
equipment and instruments, one in
India & another one in USA. High Scratch Resistant Metalized Film: Specially designed for pressure sensitive
label stock applications, the film delivers spectacular print performance across a
R&D resources increased to 30+ nos wide variety of printing processes like flexography, silkscreen, foiling etc.
during last2 years.
100% Opaque Synthetic Paper: Non tearable, co-extruded, white opaque and both
sides matte coated film for dangler application.
The R&D team has PHD’s & Post Docs
from renowned universities in the USA
High Tear Resistant Synthetic Paper (CSP): Originally designed for high tear
and Europe
resistant tag applications. Also offers moisture, oil and chemical resistance just
like standard synthetic paper.
Investment of about 8M$ in R&D in
last few years
Enhanced Barrier Metalized BOPP Film: Suited for packaging of biscuits, snacks,
bakery products, chocolates and personal care products like shampoo sachets etc.
Screen, UV Flexo, Direct Thermal and
Thermal Transfer printers
White Cast Polypropylene (CPP) Film: To address the issue of slippage of layers
over each other as having high Coefficient of Friction (COF).
Films Business - Manufacturing Footprints
TOTAL INSTALLED CAPACITY
BOPP – 1,96,000 TPA ( 9 lines)
Thermal – 40,000 TPA ( 8 lines)
BOPET – 30,000 TPA ( 1 line)
Coating – 20,000 TPA (6 lines)
BOPET–1 line
Metalizing – 22,000 TPA (4 lines)
CPP – 10,000 TPA (2 lines)
CSP – 7,000 TPA ( 1 line)
Films Business - Customer Base
CANADA
GERMANY
US
KOREA
JAPAN
INDIA
Manufacturing Locations
Sales Offices-Other than
manufacturing locations
Sales FY 22-23
47% Export
53%
Domestic
Films Business – Customers/Brands we Serve
. .
Disclosure: All these are trademarks of respective Owners
BUSINESS OVERVIEW
“SPECIALITY CHEMICALS BUSINESS”
Specialty
Chemicals
Coating
Masterbatches Adhesives
Chemicals
(Capacity- 10K MT) (Capacity- 2.5K MT)
(Capacity- 5K MT)
Specialty Chemicals
Masterbatches
Adhesives
India Industry size is 500k mt.
Adhesive is planned to kick start from H2’FY23
Industry growing by 11% pa.
Global Industry USD 52 billion (5% growth
Masterbatch is a concentrated mixture of
rate)
pigments and additives used for imparting
India Industry USD 3.5 billion (8%-10% growth
specific desired properties and coloring in
rate)
plastic.
Cosmo plans to launch products in niche areas
Plans to produce all masterbatches (captive
Target 7%-8% of Company's consolidated
use) and niche Speciality focused for outside
revenue in 3-5 years with 25% ROCE
sale
Some recently developed masterbatches
include white masterbatch, anti-stat (with
30% concentration), master batch for blown
films etc.
Target to reach 7%-8% of Company's
consolidated revenue in 3-5 years from
masterbatches with 25% ROCE
BUSINESS OVERVIEW
D2C PETCARE UNDER BRAND “ZIGLY”
Rs
Indian Petcare Market
12500
Cr
25%
Rs
5100
Rs
19% Cr
3000
Cr
FY 2020 FY 2023 FY 2027
Pet penetration in developed markets like US & UK is more then 68% and growing.
ThePetcaremarketinIndiaisboomingwith
•~25%ProjectedAnnualGrowth•~32MM pets•~1MMannualadoptions
Petcare Vertical (Zigly) Plan
India Petcare industry INR 5k crores (25% 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
Average spending on pets increasing significantly
To tab the opportunity, planned D2C Omni channel business model to address pets need at every stage of life
Launched Zigly in Sept 2021 with simultaneous launch of website, mobile van and its flagship store in Delhi
Current monthly GMV of Rs 2 crores with 15 experience centers online presence. Target 100+ experience
centers in next a couple of years
Key differentiator is services focus having high gross margin
Accelerate growth through acquisitions
Target to be profitable within next 3 years
Plan to demerge Petcare vertical from Cosmo First into separate company in medium term
Zigly – Key Tractions
13 Cr 2 cr 23K +
4200+
GMV (FY’23) Current Monthly Customers served with 6k+
SKUs available
GMV Zigly Pro members
1 lac +
App 39% 75K +
Social Media
First Petcare app Repeat customers Customers database
followers
Zigly - Business Model
Retail outlets Own E-commerce
Service Other
Marketplace
website and App
Marketplace
Private label
One Stop solution retail
available on Amazon
outlets offering
4200+ SKUs
Acting as an
available on website
Products aggregator for panel Grooming
Veterinary of groomers and Van
Including Private
Grooming trainers on
label
Grooming Van in
Medicines commission basis
Delhi NCR
through own website
Under one roof
Pets familia community
Social community with 1 lac + followers
Key Financial Snapshot – to be updated
Net-Worth and Book-Value per share
1,298
ROCE %
1,191
854
29% 741
680
22% 573 620
488
16% 437
14% 381 313 495
260
9% 201 217 238
171
133
Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23
Global Net Worth (INR Crores) Book Value per Share*
* After considering the impact of for Bonus issue in June’22 and buyback.
ROE %
Rewards (Dividend/Buyback) (% to PAT)
*
69%
80% 63%
39%
60%
30%
30%
20% 40% 20% 22% 22% 17% 24% 20%
16%
20%
9%
0%
Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23
Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 * Includes final dividend for FY’23 of Rs. 5/share subject to shareholders approval at ensuing AGM.
Leverage Profile
Strong financials with continuing Capex.
Net debt/EBITDA 1.0 times and net debt to equity at 0.3 times (March 2023)
Net Debt (INR Cr)
800
727
600
584
438 434
400
303
200
-
Mar-19 Mar-20 Mar-21 Mar-22 Mar-23
Shareholding Pattern – Mar 2023
1.21
Top Non-Promoter Shareholding – 31st Mar 2023
Shareholding
31st Mar. 2023 Acadian Emerging Markets Small Capp
1 0.88%
Equity Fund LLC
Promoter and Promoter
48.69 44.4 Group 2 Aequitas Equity Scheme I 0.74%
Institutional
3 Pankaj Poddar 0.58%
Non Institutional
4 Shivani Tejas Trivedi 0.58%
Cosmo Films ESOP 2015
5.7
Trust 5 Vikas Mehra 0.56%
Aequitas Investment Consultancy
Historical Shareholding Pattern 6 0.53%
Private Limited
(in %) Mar-23 Dec-22 Sept-22 Jun-22 Emerging Markets Core Equity Portfolio
7 (The Portfolio) of DFA Investment 0.46%
Promoter 44.40 44.28 44.24 44.09 Dimensions Group INC. (DFAIDG)
8 Anishya Obhrai Madan 0.34%
Institutional 05.70 05.57 06.78 06.90
Non Institutional 48.69 48.84 47.68 47.88 9 Tapasya Obhrai Nair 0.33%
Shares held by
01.21 01.31 01.30 01.12 10 Jhalar Vincom Private Limited 0.30%
Employee Trust
ESG and Sustainability Initiatives
CareEdge “GOOD” ESG Rating
Sustainable Manufacturing and Product Practices
Product Practices Manufacturing Practices
Offering mono-material poly-olefin films for
Recycling of manufacturing waste for further film
ease of recycling.
Production (about 95%)
Designed heat resistant BOPP films replacing
5% reduction in carbon emission scope 1
BOPET; giving push to creation of mono-
2% reduction in carbon emission scope 2
material structures.
INR 10 cr initial investment to reduce environment
Partnered with some of the best global brands
impact
to offer structure rationalization.
Usage of solar power as a source of energy in
BOPP and CPP films offer better yield, hence
plants
enabling reduced consumption of plastics.
35% of water treated at Cosmo : Rain water
UV stabilized Synthetic Paper used to replace
harvesting
PVC in outdoor promotional applications for
duration requirements up to one year.
Constant monitoring of parameters like noise,
illumination, ventilation, air quality etc.
Offer a suitable substitute for aluminum foil in
form of its Ultra-High Barrier Films.
Offer Oxo-Biodegradable Films.
Corporate Governance
Well established practices in place
I. Well qualified Board of Directors from diversified fields with majority
of directors being independent
II. 66% independent directors
III. Independent Audit Committee with Board of Directors
IV. Established risk management practices
V. Separate Independent directors meetings
VI. Experienced and independent internal audit function
VII. Board performance evaluation
VIII. Statutory Auditors: M/s SN Dhawan (Mazars, International)
IX. Active POSH and Whistle Blower Policy
X. Professional Management
Board of Directors
Mr. Ashok Jaipuria Mr. Pratip Chaudhuri
Chairman & Managing Director Non-Executive & Non Independent Director
A first generation entrepreneur with over Extensive experience in the fields of Corporate Finance,
forty years of experience in the corporate Treasury, Asset Management and International Banking.
world
Mr. H N Sinor
Independent Director
Mr. A K Jain
Over 4 decades experience in public as well as private sector
Director of Corporate Affairs
banks like UBI, Central Bank of India and ICICI Bank.
Over 4 decades of experience in Finance,
Accounts and General Management functions.
Mr. Anil Wadhwa
Independent Director
Ex- Member of the IFS, he has served as Indian Ambassador to
Mr. H K Agrawal
Several country.
Independent Director
Over 4 decades of experience in the fields of
Mr. Rakesh Nangia
Strategic Management, Organization Structure,
Independent Director
Finance and Training.
4 decades of experience in advising Fortune 500 multinationals
and Indian Business houses on a wide range of matters.
Mrs. Alpana Parida
Independent Director
Mr. Arjun Singh
More than two decades of experience in
Independent Director
retail and marketing communications in the
25 years of experience in running and growing businesses.
US and in India.
Leadership Team
Mr. Kulbhushan Malik
Business Head- Cosmo Films
Over 24 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
Mr. Sanjay Chincholikar
finance, advisory and various
Business Head- Technical Films & Rigid Packaging
leadership roles.
Over 30 years of experience in the fields of manufacturing,
engineering, projects and quality control.
Mr. Ambarish Sikarwar
Mr. Neeraj Jain
Business Head- Cosmo Films B2C Pets Business
Group Chief Financial Officer
19 years of experience in consumer categories.
Over 23 years of experience in
finance, strategy and risk
management with large Dr. Anil Vilas Gaikwad
manufacturing and service Business Head- Cosmo Speciality Chemicals
industries in leadership roles. 15 years of experience in wide range of polymer synthesis
techniques, inorganic and high temperature ceramic
coatings.
Corporate Social Responsibility
Some of the Flagship Programs
(Education to 20,000+ Students)
Computer Literacy Program Basic English Learning Program Cosmo Gyan Vihar Kendra
Covers 4,000 students from Implementation in 8 primary schools Identifies, enrolls and grades
class I to XII every year with 1,500 students 2,500+ students from
Class I to VII every year to strengthen
their reading & writing skills
National Award for Excellence in CSR & Sustainability -2015 in the category "Education Improvement”
Asia Pacific Enterprise Leadership Award -2013 in the category Commitment to Philanthropy
Africa CSR Leadership Award-2012 in the category improvement of Education
"Transforming young lives through technology": An evaluation of the impact of the Computer Literacy Program in rural areas of
Vadodra district - A paper Presented in Global Evaluation Conclave, New Delhi in 2010
Awards and Accolades
FY 2022-23
• Featured as one of the Top 10 Companies from India in Forbes Asia Best under A Billion 2022 list
• Ranked as one of India’s Fastest Growing Companies by BW Business World Magazine
• Cosmo First grabbed “Most enterprising Business Award” by prestigious Entrepreneur Magazine
• Zigly bagged the “Top 100 D2C Brands” of the year by the Retailer Magazine.
• Cosmo Speciality Chemicals won the Award for “20 Most Promising Chemical Companies in India 2022” by Innovative Zone Magazine
FY 2021-22
• Bagged CII National Level Scale award for Supply Chain and Logistics Excellence
• IFCA Star Award under the innovations category for the Heat Resistant BOPP Film & CPP Specialized Film
• SIES SOP Star Awards for its one side printable and other side barrier coated facestock Film, Liner less Label Films and Both side Top Coated Films
FY 2020-21
• Bagged CII National 5S Excellence Awards 2020
• Best exporter awards in Aurangabad region under Nagpur Custom Commissionerate
• WordStar Packaging Award 2021 in the Beverages category for Serializable Conduction Sealing Film
• WorldStar Global Packaging Award 2021 in Packaging Materials & Components category for CPP High Barrier Films`
FY 2019-20
Ranked as 10thin the list of Fortune’s Next 500 midsize companies
Brand Excellence Awards for Effective Use of Marketing Communication & for Engineering, Research and Development Sector
Thank You
For more information, please contact:
Cosmo First Ltd.
Mr. Neeraj Jain
Group Chief Financial Officer
Email ID: neeraj.jain@cosmofirst.com; sachin.goel@cosmofirst.com
Adfactors PR Pvt. Ltd.
Aashvi Shah / Snighter Albuquerque
Tel: +91 98210 43389/ +91 9819123804
Email: aashvi.shah@adfactorspr.com / snighter.a@adfactorspr.com