Cosmo First Limited (COSMOFIRST) Earnings Call Transcripts

Cosmo First Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, Cosmo First Limited reported consolidated sales of INR 1,021 crore, a 37% increase year-over-year, driven by a 41% rise in sales volume. EBITDA surged 53% to INR 130 crore, reflecting strong operational performance despite external challenges. Management anticipates double-digit revenue growth for FY '27, supported by enhanced capacity utilization and favorable tariff changes in the U.S., while maintaining a focus on reducing net debt, which currently stands at INR 1,159 crore.

Reported metrics

Guidance from management

Management expects double-digit revenue growth for FY '27, driven by enhanced capacity utilization and favorable tariff changes in the U.S. They also anticipate continued growth in specialty chemicals and consumer segments.

What management said

Industry margins in core BOPP and BOPET can remain tile through the current year as new capacity comes. What we control is mix and cost. Specialty films are 60% of our firms and are growing, which insulates blended margin. We're also the lowest cost producer in India, which gives us downside protection. On the demand side, Indian flexible packaging volumes are growing 8% to 10%, and we are taking incremental share th...

So see, the first step is to have this in a separate subsidiary within this financial year. And then we are exploring whether it's the right time for gaining some -- getting some external capital to fund the future growth of this business.

What analysts pressed on

Analysts expressed concerns about the volatility in margins due to supply-demand dynamics in the BOPP and BOPET markets. There were also questions regarding the pace of growth in the specialty chemicals segment, given the recent slowdown in revenue growth rates.

Main topics on the call

• Strong Revenue Growth — Cosmo First achieved consolidated sales of INR 1,021 crore in Q4 FY '26, up 37% from the previous year, primarily due to a 41% increase in sales volume. Management stated, "The gap is due to lower average raw material pr...
• Improved EBITDA Performance — EBITDA for Q4 FY '26 increased by 53% to INR 130 crore, up from INR 85 crore in the same quarter last year. This was attributed to higher sales volume and improved margins, with management noting, "The incremental EBITDA...
• Future Growth Outlook — Management expects double-digit top line growth for FY '27, driven by enhanced utilization of BOPP and CPP capacities. They highlighted that "recently announced reduction in the U.S. tariffs will lead to improved profita...
• Debt Reduction Strategy — Cosmo First has reduced net debt by INR 75 crore over the past six months, bringing it to INR 1,159 crore. The company aims to lower this further, with management stating, "We have a very clear roadmap to reduce net debt...

Read the full Cosmo First Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 18 Cosmo First Limited earnings call transcripts on record, spanning August 5, 2021 to May 21, 2026. Based on this history, Cosmo First Limited reports quarterly. The most recent call on file is dated May 21, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

COSMOFIRST

Exchange

NSEI

Country

IN

Sector

Materials

Industry

Containers and Packaging

Calls on record

18

First call

August 5, 2021

Most recent

May 21, 2026

Reporting cadence

quarterly