Announcement • Jul 10
Cosmo First Limited, Annual General Meeting, Aug 05, 2026 Cosmo First Limited, Annual General Meeting, Aug 05, 2026, at 15:00 Indian Standard Time. Reported Earnings • Jul 10
Full year 2026 earnings released: EPS: ₹60.31 (vs ₹51.46 in FY 2025) Full year 2026 results: EPS: ₹60.31 (up from ₹51.46 in FY 2025). Revenue: ₹36.4b (up 26% from FY 2025). Net income: ₹1.56b (up 17% from FY 2025). Profit margin: 4.3% (down from 4.6% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Reported Earnings • May 22
Full year 2026 earnings released: EPS: ₹60.31 (vs ₹51.46 in FY 2025) Full year 2026 results: EPS: ₹60.31 (up from ₹51.46 in FY 2025). Revenue: ₹37.4b (up 29% from FY 2025). Net income: ₹1.56b (up 17% from FY 2025). Profit margin: 4.2% (down from 4.6% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • May 16
Cosmo First Limited to Report Q4, 2026 Results on May 20, 2026 Cosmo First Limited announced that they will report Q4, 2026 results on May 20, 2026 Reported Earnings • Feb 12
Third quarter 2026 earnings released: EPS: ₹11.40 (vs ₹11.38 in 3Q 2025) Third quarter 2026 results: EPS: ₹11.40. Revenue: ₹9.34b (up 33% from 3Q 2025). Net income: ₹295.0m (flat on 3Q 2025). Profit margin: 3.2% (down from 4.2% in 3Q 2025). Announcement • Feb 07
Cosmo First Limited to Report Q3, 2026 Results on Feb 11, 2026 Cosmo First Limited announced that they will report Q3, 2026 results on Feb 11, 2026 New Risk • Nov 12
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). Earnings have declined by 20% per year over the past 5 years. High level of non-cash earnings (21% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Announcement • Nov 07
Cosmo First Limited to Report Q2, 2026 Results on Nov 11, 2025 Cosmo First Limited announced that they will report Q2, 2026 results on Nov 11, 2025 Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: ₹16.60 (vs ₹11.95 in 1Q 2025) First quarter 2026 results: EPS: ₹16.60 (up from ₹11.95 in 1Q 2025). Revenue: ₹8.00b (up 16% from 1Q 2025). Net income: ₹428.7m (up 39% from 1Q 2025). Profit margin: 5.4% (up from 4.5% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Aug 09
Cosmo First Limited to Report Q1, 2026 Results on Aug 13, 2025 Cosmo First Limited announced that they will report Q1, 2026 results on Aug 13, 2025 Declared Dividend • Jul 14
Dividend increased to ₹4.00 Dividend of ₹4.00 is 33% higher than last year. Ex-date: 28th July 2025 Payment date: 3rd September 2025 Dividend yield will be 0.4%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (8% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 5.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 13
Full year 2025 earnings released: EPS: ₹51.46 (vs ₹23.99 in FY 2024) Full year 2025 results: EPS: ₹51.46 (up from ₹23.99 in FY 2024). Revenue: ₹29.0b (up 12% from FY 2024). Net income: ₹1.33b (up 115% from FY 2024). Profit margin: 4.6% (up from 2.4% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • Jul 13
Cosmo First Limited announces Annual dividend, payable on September 03, 2025 Cosmo First Limited announced Annual dividend of INR 4.0000 per share payable on September 03, 2025, ex-date on July 28, 2025 and record date on July 28, 2025. Announcement • Jul 11
Cosmo First Limited, Annual General Meeting, Aug 04, 2025 Cosmo First Limited, Annual General Meeting, Aug 04, 2025, at 15:00 Indian Standard Time. New Risk • May 22
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Share price has been highly volatile over the past 3 months (9.7% average weekly change). Earnings have declined by 12% per year over the past 5 years. High level of non-cash earnings (22% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • May 21
Full year 2025 earnings released: EPS: ₹51.46 (vs ₹23.99 in FY 2024) Full year 2025 results: EPS: ₹51.46 (up from ₹23.99 in FY 2024). Revenue: ₹29.7b (up 15% from FY 2024). Net income: ₹1.33b (up 115% from FY 2024). Profit margin: 4.5% (up from 2.4% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹661, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 22x in the Packaging industry in India. Total loss to shareholders of 41% over the past three years. Announcement • May 15
Cosmo First Limited to Report Q4, 2025 Results on May 20, 2025 Cosmo First Limited announced that they will report Q4, 2025 results on May 20, 2025 Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: ₹11.38 (vs ₹4.38 in 3Q 2024) Third quarter 2025 results: EPS: ₹11.38 (up from ₹4.38 in 3Q 2024). Revenue: ₹7.01b (up 12% from 3Q 2024). Net income: ₹295.6m (up 160% from 3Q 2024). Profit margin: 4.2% (up from 1.8% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Announcement • Feb 11
Cosmo First Limited Announces Board Changes Cosmo First Limited at its board meeting held on February 11, 2025, approved the appointment of Ms. Yamini Kumar (Jaipuria) as Whole time Director (Corporate Strategy ESG & CSR) for a period of 5 year, the appointment will take effect from the date of allotment of DIN by Ministry of Corporate Affairs; Noted the impending completion of second term of Mr. Hoshang Noshirwan Sinor as Independent Director of the Company effective from May 21, 2025. Approved the appointment of Mr. Hoshang Noshirwan Sinor as a Non-Executive Non- Independent Director of the Company liable to retire by rotation with effect from May 22, 2025. Approved the Reclassification of Mr. Pratip Chaudhuri as Non-Executive Independent Director for the term of five years with effect from February 11, 2025. Ms. Yamini -Kumar (Jaipuria) is an accomplished business leader with rich experience of almost two decades as Vice President, Human Resource of GE Europe, Asia and India. She has been the recipient of over 50 awards for Business Excellence and HR Impact including the coveted GE India President Awards 5 times in her career with GE. Ms. Yamini Kumar holds.a master's in international relations from London School of Economics, UK and MBA from American College, London, UK. Mr. Sinor has been a veteran banker, having spent over four decades in public as well as private sector banks like Union Bank of India, Central Bank of India and ICICI Bank. He was MD and CEO of ICICI Bank and after the merger of ICICI's with ICICI Bank, become joint MD until his superannuation. He thereafter, joined Indian Bank of Association of Mutual Funds in India in a similar capacity. Being veteran banker Mr. Sinor had worked on number of Committees at a policy level during his long career. Mr. Sinor has held Board position as an Independent Director on many reputed companies. He is also associated with various charitable and other trusts engaged in social activities. Mr. Chaudhuri is a Certified Associate of Indian Institute of Bankers (CAIIB) and retired as Chairman of State Bank of India, which is one of India's largest banks. He has extensive experience in the fields of Corporate Finance, Treasury, Asset Management and International Banking. He has also been the Chairman of SBI Life Insurance Company Ltd, SBI Mutual Fund, SBI Pension Fund and other subsidiaries of SBI. He was also on the Board of Exim Bank of India. He holds a BSc. (Huns) Degree from St. Stephen's College, Delhi University. He is also a Master in Business Administration from University Business. School, Chandigarh. Announcement • Feb 07
Cosmo First Limited to Report Q3, 2025 Results on Feb 11, 2025 Cosmo First Limited announced that they will report Q3, 2025 results on Feb 11, 2025 New Risk • Jan 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Earnings have declined by 2.9% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Significant insider selling over the past 3 months (₹1.0b sold). Valuation Update With 7 Day Price Move • Dec 18
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹1,009, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 29x in the Packaging industry in India. Total returns to shareholders of 15% over the past three years. Recent Insider Transactions • Dec 06
Board Member recently sold ₹16m worth of stock On the 3rd of December, Anil Jain sold around 19k shares on-market at roughly ₹842 per share. This transaction amounted to 45% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹90m more than they bought in the last 12 months. Recent Insider Transactions • Nov 27
Senior VP & CFO recently sold ₹14m worth of stock On the 25th of November, Neeraj Jain sold around 18k shares on-market at roughly ₹736 per share. This transaction amounted to 78% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Neeraj has been a net seller over the last 12 months, reducing personal holdings by ₹23m. Reported Earnings • Nov 14
Second quarter 2025 earnings released: EPS: ₹17.65 (vs ₹8.31 in 2Q 2024) Second quarter 2025 results: EPS: ₹17.65 (up from ₹8.31 in 2Q 2024). Revenue: ₹7.79b (up 17% from 2Q 2024). Net income: ₹457.5m (up 112% from 2Q 2024). Profit margin: 5.9% (up from 3.2% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Announcement • Nov 09
Cosmo First Limited to Report Q2, 2025 Results on Nov 13, 2024 Cosmo First Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Board Change • Nov 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. Non-Executive Independent Director Yash Syngal was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹780, the stock trades at a trailing P/E ratio of 25.9x. Average trailing P/E is 27x in the Packaging industry in India. Total loss to shareholders of 9.9% over the past three years. Recent Insider Transactions • Aug 17
Board Member recently sold ₹14m worth of stock On the 13th of August, Anil Jain sold around 15k shares on-market at roughly ₹927 per share. This transaction amounted to 34% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹25m more than they bought in the last 12 months. Reported Earnings • Aug 09
First quarter 2025 earnings released: EPS: ₹11.95 (vs ₹5.37 in 1Q 2024) First quarter 2025 results: EPS: ₹11.95 (up from ₹5.37 in 1Q 2024). Revenue: ₹7.06b (up 7.4% from 1Q 2024). Net income: ₹309.5m (up 123% from 1Q 2024). Profit margin: 4.4% (up from 2.1% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Aug 03
Cosmo First Limited Approves Dividend Cosmo First Limited announced that at the AGM held on August 2, 2024, approved Dividend on the Equity Shares of the Company @ 30%, that is INR 3 per equity share each. Announcement • Aug 02
Cosmo First Limited to Report Q1, 2025 Results on Aug 08, 2024 Cosmo First Limited announced that they will report Q1, 2025 results on Aug 08, 2024 Announcement • Jul 25
Cosmo First Limited Announces the Retirement of H.K. Agrawal as an Independent Director Cosmo First Limited announced that Mr. H.K. Agrawal has retired as an Independent Director of the Company with effect from July 24, 2024 on completion of his second consecutive term. Reported Earnings • Jul 11
Full year 2024 earnings released: EPS: ₹23.99 (vs ₹90.87 in FY 2023) Full year 2024 results: EPS: ₹23.99 (down from ₹90.87 in FY 2023). Revenue: ₹25.9b (down 16% from FY 2023). Net income: ₹621.9m (down 75% from FY 2023). Profit margin: 2.4% (down from 8.0% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Declared Dividend • Jul 11
Dividend reduced to ₹3.00 Dividend of ₹3.00 is 40% lower than last year. Ex-date: 26th July 2024 Payment date: 1st September 2024 Dividend yield will be 0.4%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (13% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 2.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jul 10
Cosmo First Limited, Annual General Meeting, Aug 02, 2024 Cosmo First Limited, Annual General Meeting, Aug 02, 2024, at 15:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Jul 04
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹910, the stock trades at a trailing P/E ratio of 38.4x. Average trailing P/E is 27x in the Packaging industry in India. Total returns to shareholders of 43% over the past three years. Recent Insider Transactions • Jun 15
Board Member recently sold ₹7.0m worth of stock On the 12th of June, Anil Jain sold around 11k shares on-market at roughly ₹637 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought ₹123m more than they sold in the last 12 months. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹643, the stock trades at a trailing P/E ratio of 27.2x. Average trailing P/E is 23x in the Packaging industry in India. Total returns to shareholders of 19% over the past three years. Reported Earnings • May 16
Full year 2024 earnings released: EPS: ₹23.99 (vs ₹90.87 in FY 2023) Full year 2024 results: EPS: ₹23.99 (down from ₹90.87 in FY 2023). Revenue: ₹26.6b (down 13% from FY 2023). Net income: ₹621.9m (down 75% from FY 2023). Profit margin: 2.3% (down from 8.0% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • May 16
Cosmo First Limited Recommends Final Dividend for the F.Y. 2023-24 Cosmo First Limited announced at its Board meeting held on May 15, 2023, approved the recommendation of final dividend (F.Y 2023-24) on the Equity Shares of the Company (@ 30% i.e., INR 3/- per equity share). The dividend on Equity Share shall be paid within 30 (thirty) days from the conclusion of the upcoming Annual General Meeting, the date of which will be intimated in due course. Announcement • May 11
Cosmo First Limited to Report Q4, 2024 Results on May 15, 2024 Cosmo First Limited announced that they will report Q4, 2024 results at 4:00 PM, Indian Standard Time on May 15, 2024 Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹629, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 21x in the Packaging industry in India. Total returns to shareholders of 52% over the past three years. Buy Or Sell Opportunity • Mar 20
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 17% to ₹501. The fair value is estimated to be ₹641, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has declined by 15%. Recent Insider Transactions • Mar 12
Board Member recently sold ₹4.3m worth of stock On the 7th of March, Anil Jain sold around 9k shares on-market at roughly ₹507 per share. This transaction amounted to 44% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought ₹123m more than they sold in the last 12 months. Buy Or Sell Opportunity • Feb 27
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 13% to ₹528. The fair value is estimated to be ₹661, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has declined by 15%. Buy Or Sell Opportunity • Feb 21
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to ₹528. The fair value is estimated to be ₹660, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has declined by 15%. New Risk • Feb 16
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.5x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.0% net profit margin). Reported Earnings • Feb 14
Third quarter 2024 earnings released: EPS: ₹4.38 (vs ₹16.95 in 3Q 2023) Third quarter 2024 results: EPS: ₹4.38 (down from ₹16.95 in 3Q 2023). Revenue: ₹6.39b (down 13% from 3Q 2023). Net income: ₹113.6m (down 75% from 3Q 2023). Profit margin: 1.8% (down from 6.3% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Announcement • Feb 07
Cosmo First Limited to Report Q3, 2024 Results on Feb 13, 2024 Cosmo First Limited announced that they will report Q3, 2024 results on Feb 13, 2024 Reported Earnings • Nov 10
Second quarter 2024 earnings released: EPS: ₹8.31 (vs ₹27.17 in 2Q 2023) Second quarter 2024 results: EPS: ₹8.31 (down from ₹27.17 in 2Q 2023). Revenue: ₹6.75b (down 13% from 2Q 2023). Net income: ₹215.5m (down 71% from 2Q 2023). Profit margin: 3.2% (down from 9.4% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 09
Cosmo First Limited Appoints Yash Pal Syngal as Non-Executive Independent Director Cosmo First Limited announced that at its Board of Directors of the Company at its meeting held on November 8, 2023, approved the appointment of Mr. Yash Pal Syngal (DIN 01486597) in the category of Non-Executive Independent Director of the Company for a term of five years. Mr. Yash Pal Syngal had experience of over three decades in various leadership roles. He has held senior positions at Aon PLC, Genpact, American Express and Fidelity International Limited. His core functional areas include technology, business modelling, business process management etc. He has done B. Tech from IIT Delhi and Executive Management Program from University of Chicago Booth School of Business. He is Green Belt certified on Six Sigma and is also PMP Certified. His awards and recognitions include GE's Worldwide award for Achieving Customer Excellence, American Express Worldwide Chairman's Award, Best Function award at GE India. Announcement • Aug 25
Cosmo First Limited Announces Re-Designation of Ritesh Pensalwar from Associate-VP(Manufacturing) to Head Operations- Films Business for India Cosmo First Limited announced that Mr. Ritesh Pensalwar, presently associated with the Company as Associate-VP(Manufacturing) has been designated as Head Operations- Films Business for India (a Senior Management Personnel) with effect from August 23, 2023. Mr. Ritesh Pensalwar is a Chemical Engineer and has worked for over 28 years with the Company in various Technical/Production Functions. Announcement • Aug 10
Cosmo First Limited Announces Appointment of Sushen Roy as Business Head of Petcare (Zigly) Division Cosmo First Limited announced that Mr. Sushen Roy, has been appointed as Vice President- Business Head of Petcare (Zigly) Division (Senior Management personnel) of the Company. Mr. Sushen Roy has over 31 years of experience in managing diverse businesses, both in India and overseas. He specializes in Consumer Marketing and Brand Leadership. He is an MBA from Indian Institute of Foreign Trade, Delhi. Announcement • Aug 04
Cosmo First Limited to Report Q1, 2024 Results on Aug 10, 2023 Cosmo First Limited announced that they will report Q1, 2024 results on Aug 10, 2023 Upcoming Dividend • Jul 21
Upcoming dividend of ₹5.00 per share at 0.8% yield Eligible shareholders must have bought the stock before 28 July 2023. Payment date: 03 September 2023. Trailing yield: 0.8%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (1.0%). Reported Earnings • Jul 14
Full year 2023 earnings released: EPS: ₹90.87 (vs ₹148 in FY 2022) Full year 2023 results: EPS: ₹90.87 (down from ₹148 in FY 2022). Revenue: ₹30.7b (flat on FY 2022). Net income: ₹2.44b (down 39% from FY 2022). Profit margin: 8.0% (down from 13% in FY 2022). Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 35% per year. Announcement • Jul 12
Cosmo First Limited, Annual General Meeting, Aug 04, 2023 Cosmo First Limited, Annual General Meeting, Aug 04, 2023, at 15:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements of the Company including Balance Sheet as at March 31, 2023, the Statement of Profit and Loss and Cash Flow Statement for the year ended on that date and the Reports of the Board of Directors and Auditors thereon; to declare Dividend on Equity Shares; to consider board changes; and to consider other matters. Announcement • Jul 01
Cosmo First Limited (NSEI:COSMOFIRST) completed the acquisition of Online Sales Business of Petcare Products of Petsy Stores Private Limited. Cosmo First Limited (NSEI:COSMOFIRST) entered into definitive agreement to acquire online sales business of Petcare Products of Petsy Stores Private Limited on June 15, 2023. The Business will be acquired for a lumpsum Cash Consideration mutually agreed, to be paid in three trenches within 12 months of the completion date subject to customary closing and transaction adjustments. The business generated sales revenue of INR 85.9 million for FY 21-22. The transaction is expected to be completed by June 30, 2023.Cosmo First Limited (NSEI:COSMOFIRST) completed the acquisition of Online Sales Business of Petcare Products of Petsy Stores Private Limited on June 30, 2023. Recent Insider Transactions • Jun 22
Chairman & MD recently bought ₹35m worth of stock On the 19th of June, Ashok Jaipuria bought around 55k shares on-market at roughly ₹636 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ashok has been a buyer over the last 12 months, purchasing a net total of ₹79m worth in shares. Announcement • Jun 16
Cosmo First Limited (NSEI:COSMOFIRST) entered into definitive agreement to acquire online sales business of Petcare Products of Petsy Stores Private Limited. Cosmo First Limited (NSEI:COSMOFIRST) entered into definitive agreement to acquire online sales business of Petcare Products of Petsy Stores Private Limited on June 15, 2023. The Business will be acquired for a lumpsum Cash Consideration mutually agreed, to be paid in three trenches within 12 months of the completion date subject to customary closing and transaction adjustments. The business generated sales revenue of INR 85.9 million for FY 21-22. The transaction is expected to be completed by June 30, 2023. Recent Insider Transactions • Jun 12
Insider recently sold ₹5.2m worth of stock On the 9th of June, Mahesh Bhale sold around 9k shares on-market at roughly ₹608 per share. This transaction amounted to 64% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought ₹27m more than they sold in the last 12 months. Reported Earnings • May 30
Full year 2023 earnings released: EPS: ₹90.86 (vs ₹148 in FY 2022) Full year 2023 results: EPS: ₹90.86 (down from ₹148 in FY 2022). Revenue: ₹31.2b (up 2.6% from FY 2022). Net income: ₹2.44b (down 39% from FY 2022). Profit margin: 7.8% (down from 13% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 30
Cosmo First Limited Recommends Final Dividend for F.Y 2022-23 Cosmo First Limited announced at its Board meeting held on May 29, 2023, approved the recommendation of final dividend (F.Y 2022-23) on the Equity Shares of the Company (@ 50% i.e., INR 5/- per equity share). The dividend on Equity Share shall be paid within 30 (thirty) days from the conclusion of the upcoming Annual General Meeting, the date of which will be intimated in due course. Announcement • May 25
Cosmo First Limited to Report Q4, 2023 Results on May 29, 2023 Cosmo First Limited announced that they will report Q4, 2023 results on May 29, 2023 Recent Insider Transactions • Mar 03
Insider recently sold ₹2.3m worth of stock On the 28th of February, Hiroyuki Hiranuma sold around 4k shares on-market at roughly ₹650 per share. This transaction amounted to 34% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹8.3m. Despite this recent sale, insiders have collectively bought ₹15m more than they sold in the last 12 months. Reported Earnings • Feb 16
Third quarter 2023 earnings released: EPS: ₹16.95 (vs ₹38.85 in 3Q 2022) Third quarter 2023 results: EPS: ₹16.95 (down from ₹38.85 in 3Q 2022). Revenue: ₹7.30b (down 5.3% from 3Q 2022). Net income: ₹456.3m (down 56% from 3Q 2022). Profit margin: 6.3% (down from 14% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 08
Cosmo First Limited to Report Q3, 2023 Results on Feb 14, 2023 Cosmo First Limited announced that they will report Q3, 2023 results at 4:00 PM, Indian Standard Time on Feb 14, 2023 Recent Insider Transactions • Dec 08
Group Chief Financial Officer recently sold ₹8.3m worth of stock On the 6th of December, Neeraj Jain sold around 10k shares on-market at roughly ₹828 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Neeraj has been a net seller over the last 12 months, reducing personal holdings by ₹11m. Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment improved over the past week After last week's 15% share price gain to ₹797, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 15x in the Packaging industry in India. Total returns to shareholders of 470% over the past three years. Reported Earnings • Nov 17
Second quarter 2023 earnings released: EPS: ₹27.17 (vs ₹36.33 in 2Q 2022) Second quarter 2023 results: EPS: ₹27.17 (down from ₹36.33 in 2Q 2022). Revenue: ₹7.78b (up 2.4% from 2Q 2022). Net income: ₹732.3m (down 25% from 2Q 2022). Profit margin: 9.4% (down from 13% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Sep 30
Chairman & MD recently bought ₹7.9m worth of stock On the 22nd of September, Ashok Jaipuria bought around 9k shares on-market at roughly ₹880 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₹9.4m. Ashok has been a buyer over the last 12 months, purchasing a net total of ₹36m worth in shares. Recent Insider Transactions • Sep 22
Chairman & MD recently bought ₹9.4m worth of stock On the 20th of September, Ashok Jaipuria bought around 11k shares on-market at roughly ₹856 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Ashok's only on-market trade for the last 12 months. Reported Earnings • Aug 10
First quarter 2023 earnings released: EPS: ₹34.60 (vs ₹32.37 in 1Q 2022) First quarter 2023 results: EPS: ₹34.60 (up from ₹32.37 in 1Q 2022). Revenue: ₹8.50b (up 24% from 1Q 2022). Net income: ₹933.0m (up 7.6% from 1Q 2022). Profit margin: 11% (down from 13% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has increased by 81% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Jun 05
Board Member recently sold ₹4.9m worth of stock On the 2nd of June, Anil Jain sold around 3k shares on-market at roughly ₹1,763 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹36m more than they bought in the last 12 months. Recent Insider Transactions • May 21
Board Member recently sold ₹2.6m worth of stock On the 18th of May, Anil Jain sold around 2k shares on-market at roughly ₹1,740 per share. In the last 3 months, they made an even bigger sale worth ₹3.5m. Insiders have been net sellers, collectively disposing of ₹29m more than they bought in the last 12 months. Reported Earnings • May 11
Full year 2022 earnings released: EPS: ₹222 (vs ₹127 in FY 2021) Full year 2022 results: EPS: ₹222 (up from ₹127 in FY 2021). Revenue: ₹30.9b (up 35% from FY 2021). Net income: ₹3.97b (up 67% from FY 2021). Profit margin: 13% (up from 10% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has increased by 107% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improved over the past week After last week's 20% share price gain to ₹2,033, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 21x in the Packaging industry in India. Total returns to shareholders of 1,095% over the past three years. Recent Insider Transactions • Apr 03
Board Member recently sold ₹3.5m worth of stock On the 31st of March, Anil Jain sold around 2k shares on-market at roughly ₹1,761 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹6.3m. Insiders have been net sellers, collectively disposing of ₹26m more than they bought in the last 12 months.