Cosmo First Ltd.

•

₹ 922.95-1.65%

2026-08-21

cosmofirst.comBSE: 508814NSE: COSMOFIRST

Market Cap₹ 2,443 Cr.

Current Price₹ 938

High / Low₹ 1,058 / 561

Stock P/E14.6

Book Value₹ 631

Price to Book0.98

Dividend Yield0.43 %

ROCE11.3 %

ROE10.2 %

Face Value₹ 10

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ABOUT

KEY POINTS

Revenue Breakup Mar 2026 • Packaging Films: 90.2% • Speciality Chemicals: 5.4% • Others: 3.0% • Petcare: 1.4%

PROS

Company has consistently been profitable over the last 5 years
Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.30x)
Latest quarter profit grew 25.4% YoY, showing strong momentum
Company has a consistent dividend-paying track record
Company generates healthy free cash flow

CONS

A large part of profit comes from other income (51.0% of PBT)
Company has a low return on capital employed of 9.6%
Promoter holding has decreased over last 2 years: -4.3pp
Company has a low return on equity of 8.2% over last 3 years
Company has delivered a poor profit growth of -8.0% over past five years
Operating margins have contracted to 10.2% from 13.9%

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS

Capital GoodsPlastic ProductsPlastic Products

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name	CMP Rs.	P/E	Mar Cap Rs.Cr.	Div Yld %	NP Qtr Rs.Cr.	Qtr Profit Var %	Sales Qtr Rs.Cr.	Qtr Sales Var %	ROCE %	OPM %
1.	SUPREMEIND	3610.50	44.42	45863.05	1.00	280.72	38.76	2717.66	4.16	21.49	17.33
2.	ASTRAL	1539.00	71.84	41345.26	0.26	120.20	51.77	1578.00	15.93	19.95	14.65
3.	GRWRHITECH	7048.15	42.22	16374.54	0.17	132.65	59.78	633.08	27.90	20.41	27.17
4.	SHAILY	3367.75	87.61	15490.05	0.09	48.01	16.75	280.67	13.77	19.55	29.59
5.	FINPIPE	158.20	15.95	9815.94	1.74	114.52	16.67	883.58	-15.30	17.40	12.09
6.	TIMETECHNO	190.90	19.24	9423.50	0.79	1178.60	1120.71	16927.10	1151.40	18.16	13.25
7.	KINGFA	5772.15	0.00	7822.06	0.00	80.21	101.58	688.57	49.06	30.70	16.12
8.	RESPONIND	156.70	41.24	4177.76	0.06	2.74	-94.51	192.87	-43.06	10.76	12.09
9.	POLYPLEX	1174.35	23.74	3686.57	0.26	171.07	386.02	2253.62	29.62	1.51	13.15
10.	PRINCEPIPE	283.05	0.00	3129.43	0.35	337.49	6900.41	6094.18	949.97	3.92	12.66
11.	NILKAMAL	2030.70	24.31	3030.32	0.98	24.40	59.20	819.73	-7.18	10.76	9.44
12.	COSMOFIRST	930.70	14.64	2443.06	0.43	53.75	25.38	1165.54	45.69	11.33	11.66

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	658	664	625	641	690	759	701	746	800	919	899	1,021	1,166
	622	602	582	597	622	672	638	676	708	816	831	900	1,106
Operating Profit	—	—	—	—	—	—	—	—	—	—	—	—	—
OPM %	—	—	—	—	—	—	—	—	—	—	—	—	—
Other Income	20	11	14	23	17	20	23	15	24	25	35	17	11
Interest	18	22	23	26	23	25	25	27	32	37	37	36	38
Depreciation	21	22	23	24	24	24	25	26	30	34	35	37	38
	16	29	10	18	37	57	36	33	54	57	31	58	71
Tax %	11.46%	25.15%	-9.86%	12.41%	16.31%	20.00%	18.77%	16.82%	21.28%	18.53%	4.93%	36.04%	24.01%
Net Profit	0	0	0	0	31	46	30	27	43	47	30	37	54
	5	8	4	6	12	18	11	10	17	18	11	14	2
Equity Capital	26	26	26	26	26	26	26	26	26	26	26	26	26
Reserves	0	0	0	0	0	0	0	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Equity Capital	26	26	26	26	26	26	26	26	26	26	26	26	26
Reserves	0	0	0	0	0	0	0	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Jun 2023

: 658
: 622
Operating Profit: —
OPM %: —
Other Income: 20
Interest: 18
Depreciation: 21
: 16
Tax %: 11.46%
Net Profit: 0
: 5
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2023

: 664
: 602
Operating Profit: —
OPM %: —
Other Income: 11
Interest: 22
Depreciation: 22
: 29
Tax %: 25.15%
Net Profit: 0
: 8
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2023

: 625
: 582
Operating Profit: —
OPM %: —
Other Income: 14
Interest: 23
Depreciation: 23
: 10
Tax %: -9.86%
Net Profit: 0
: 4
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2024

: 641
: 597
Operating Profit: —
OPM %: —
Other Income: 23
Interest: 26
Depreciation: 24
: 18
Tax %: 12.41%
Net Profit: 0
: 6
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2024

: 690
: 622
Operating Profit: —
OPM %: —
Other Income: 17
Interest: 23
Depreciation: 24
: 37
Tax %: 16.31%
Net Profit: 31
: 12
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2024

: 759
: 672
Operating Profit: —
OPM %: —
Other Income: 20
Interest: 25
Depreciation: 24
: 57
Tax %: 20.00%
Net Profit: 46
: 18
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2024

: 701
: 638
Operating Profit: —
OPM %: —
Other Income: 23
Interest: 25
Depreciation: 25
: 36
Tax %: 18.77%
Net Profit: 30
: 11
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2025

: 746
: 676
Operating Profit: —
OPM %: —
Other Income: 15
Interest: 27
Depreciation: 26
: 33
Tax %: 16.82%
Net Profit: 27
: 10
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2025

: 800
: 708
Operating Profit: —
OPM %: —
Other Income: 24
Interest: 32
Depreciation: 30
: 54
Tax %: 21.28%
Net Profit: 43
: 17
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2025

: 919
: 816
Operating Profit: —
OPM %: —
Other Income: 25
Interest: 37
Depreciation: 34
: 57
Tax %: 18.53%
Net Profit: 47
: 18
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2025

: 899
: 831
Operating Profit: —
OPM %: —
Other Income: 35
Interest: 37
Depreciation: 35
: 31
Tax %: 4.93%
Net Profit: 30
: 11
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2026

: 1,021
: 900
Operating Profit: —
OPM %: —
Other Income: 17
Interest: 36
Depreciation: 37
: 58
Tax %: 36.04%
Net Profit: 37
: 14
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2026

: 1,166
: 1,106
Operating Profit: —
OPM %: —
Other Income: 11
Interest: 38
Depreciation: 38
: 71
Tax %: 24.01%
Net Profit: 54
: 2
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	1,587	1,847	2,157	2,204	2,285	3,038	3,065	2,587	2,895	3,639	4,004
	1,433	1,713	1,995	1,943	1,893	2,467	2,685	2,404	2,607	3,255	3,653
Operating Profit	169	168	181	280	430	620	434	251	362	486	—
OPM %	11	9	8	13	19	20	14	10	13	13	—
Other Income	15	35	20	19	38	48	54	68	74	102	89
Interest	36	52	56	53	42	40	55	89	100	141	148
Depreciation	42	51	54	65	59	63	75	89	100	137	145
	91	64	72	163	329	517	304	72	163	201	217
Tax %	6	-1	15	30	28	23	20	14	18	22	23
Net Profit	86	64	61	113	237	397	244	62	133	156	167
EPS	45	34	32	59	126	145	89	24	51	59	—
Dividend Payout %	23	18	19	26	19	16	5	13	8	7	—
Minority Interest	0	0	0	0	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	29	22	21	39	87	146	93	24	51	59	—
Minority Interest	0	0	0	0	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	29	22	21	39	87	146	93	24	51	59	—

Mar 2017

: 1,587
: 1,433
Operating Profit: 169
OPM %: 11
Other Income: 15
Interest: 36
Depreciation: 42
: 91
Tax %: 6
Net Profit: 86
EPS: 45
Dividend Payout %: 23
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 29
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 29

Mar 2018

: 1,847
: 1,713
Operating Profit: 168
OPM %: 9
Other Income: 35
Interest: 52
Depreciation: 51
: 64
Tax %: -1
Net Profit: 64
EPS: 34
Dividend Payout %: 18
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 22
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 22

Mar 2019

: 2,157
: 1,995
Operating Profit: 181
OPM %: 8
Other Income: 20
Interest: 56
Depreciation: 54
: 72
Tax %: 15
Net Profit: 61
EPS: 32
Dividend Payout %: 19
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 21
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 21

Mar 2020

: 2,204
: 1,943
Operating Profit: 280
OPM %: 13
Other Income: 19
Interest: 53
Depreciation: 65
: 163
Tax %: 30
Net Profit: 113
EPS: 59
Dividend Payout %: 26
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 39
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 39

Mar 2021

: 2,285
: 1,893
Operating Profit: 430
OPM %: 19
Other Income: 38
Interest: 42
Depreciation: 59
: 329
Tax %: 28
Net Profit: 237
EPS: 126
Dividend Payout %: 19
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 87
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 87

Mar 2022

: 3,038
: 2,467
Operating Profit: 620
OPM %: 20
Other Income: 48
Interest: 40
Depreciation: 63
: 517
Tax %: 23
Net Profit: 397
EPS: 145
Dividend Payout %: 16
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 146
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 146

Mar 2023

: 3,065
: 2,685
Operating Profit: 434
OPM %: 14
Other Income: 54
Interest: 55
Depreciation: 75
: 304
Tax %: 20
Net Profit: 244
EPS: 89
Dividend Payout %: 5
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 93
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 93

Mar 2024

: 2,587
: 2,404
Operating Profit: 251
OPM %: 10
Other Income: 68
Interest: 89
Depreciation: 89
: 72
Tax %: 14
Net Profit: 62
EPS: 24
Dividend Payout %: 13
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 24
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 24

Mar 2025

: 2,895
: 2,607
Operating Profit: 362
OPM %: 13
Other Income: 74
Interest: 100
Depreciation: 100
: 163
Tax %: 18
Net Profit: 133
EPS: 51
Dividend Payout %: 8
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 51
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 51

Mar 2026

: 3,639
: 3,255
Operating Profit: 486
OPM %: 13
Other Income: 102
Interest: 141
Depreciation: 137
: 201
Tax %: 22
Net Profit: 156
EPS: 59
Dividend Payout %: 7
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 59
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 59

TTM

: 4,004
: 3,653
Operating Profit: —
OPM %: —
Other Income: 89
Interest: 148
Depreciation: 145
: 217
Tax %: 23
Net Profit: 167
EPS: —
Dividend Payout %: —
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: —
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: —

COMPOUNDED SALES GROWTH

10 Years:: 8%
5 Years:: 10%
3 Years:: 6%

COMPOUNDED PROFIT GROWTH

10 Years:: 5%
5 Years:: -8%
3 Years:: -14%

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: 15%
1 Year:: -9%

RETURN ON EQUITY

10 Years:: 17%
5 Years:: 17%
3 Years:: 8%
Last Year:: 10%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
LIABILITIES	-	-	-	-	-	-	-	-	-	-
Equity Capital	19	19	19	19	18	18	26	26	26	26
	552	597	656	715	831	1,166	1,259	1,304	1,423	1,576
	275	383	379	434	423	330	343	125	145	147
Trade Payables	138	189	202	157	204	365	528	688	719	905
	561	574	612	579	644	874	953	1,369	1,791	2,026
Total Liabilities	1,544	1,763	1,869	1,905	2,120	2,753	3,110	3,512	4,103	4,680
ASSETS	-	-	-	-	-	-	-	-	-	-
	961	994	984	1,004	1,005	989	1,414	1,578	1,808	2,465
Capital Work in Progress	9	12	32	16	20	270	185	355	584	188
	0	58	77	146	247	446	418	406	390	394
	237	282	278	275	375	554	535	510	604	710
	0	0	0	0	0	0	0	261	313	398
Cash & Bank	29	49	86	60	75	61	46	35	27	59
	308	367	411	404	398	432	512	367	377	467
Total Assets	1,544	1,763	1,869	1,905	2,120	2,753	3,110	3,512	4,103	4,680
Total Debt	623	788	811	789	760	810	890	978	1,357	1,586
Net Working Capital	12	25	85	91	226	514	327	218	311	349
Contingent Liabilities	62	42	49	42	40	73	71	79	107	167
Book Value per Share	293.97	317.09	347.23	377.91	467.53	651.70	489.75	506.83	552.10	610.29
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00
Total Debt	623	788	811	789	760	810	890	978	1,357	1,586
Net Working Capital	12	25	85	91	226	514	327	218	311	349
Contingent Liabilities	62	42	49	42	40	73	71	79	107	167
Book Value per Share	293.97	317.09	347.23	377.91	467.53	651.70	489.75	506.83	552.10	610.29
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00

Mar 2017

Equity Capital: 19
: 552
: 275
Trade Payables: 138
: 561
Total Liabilities: 1,544
: 961
Capital Work in Progress: 9
: 0
: 237
: 0
Cash & Bank: 29
: 308
Total Assets: 1,544
Total Debt: 623
Net Working Capital: 12
Contingent Liabilities: 62
Book Value per Share: 293.97
Face Value: 10.00
Total Debt: 623
Net Working Capital: 12
Contingent Liabilities: 62
Book Value per Share: 293.97
Face Value: 10.00

Mar 2018

Equity Capital: 19
: 597
: 383
Trade Payables: 189
: 574
Total Liabilities: 1,763
: 994
Capital Work in Progress: 12
: 58
: 282
: 0
Cash & Bank: 49
: 367
Total Assets: 1,763
Total Debt: 788
Net Working Capital: 25
Contingent Liabilities: 42
Book Value per Share: 317.09
Face Value: 10.00
Total Debt: 788
Net Working Capital: 25
Contingent Liabilities: 42
Book Value per Share: 317.09
Face Value: 10.00

Mar 2019

Equity Capital: 19
: 656
: 379
Trade Payables: 202
: 612
Total Liabilities: 1,869
: 984
Capital Work in Progress: 32
: 77
: 278
: 0
Cash & Bank: 86
: 411
Total Assets: 1,869
Total Debt: 811
Net Working Capital: 85
Contingent Liabilities: 49
Book Value per Share: 347.23
Face Value: 10.00
Total Debt: 811
Net Working Capital: 85
Contingent Liabilities: 49
Book Value per Share: 347.23
Face Value: 10.00

Mar 2020

Equity Capital: 19
: 715
: 434
Trade Payables: 157
: 579
Total Liabilities: 1,905
: 1,004
Capital Work in Progress: 16
: 146
: 275
: 0
Cash & Bank: 60
: 404
Total Assets: 1,905
Total Debt: 789
Net Working Capital: 91
Contingent Liabilities: 42
Book Value per Share: 377.91
Face Value: 10.00
Total Debt: 789
Net Working Capital: 91
Contingent Liabilities: 42
Book Value per Share: 377.91
Face Value: 10.00

Mar 2021

Equity Capital: 18
: 831
: 423
Trade Payables: 204
: 644
Total Liabilities: 2,120
: 1,005
Capital Work in Progress: 20
: 247
: 375
: 0
Cash & Bank: 75
: 398
Total Assets: 2,120
Total Debt: 760
Net Working Capital: 226
Contingent Liabilities: 40
Book Value per Share: 467.53
Face Value: 10.00
Total Debt: 760
Net Working Capital: 226
Contingent Liabilities: 40
Book Value per Share: 467.53
Face Value: 10.00

Mar 2022

Equity Capital: 18
: 1,166
: 330
Trade Payables: 365
: 874
Total Liabilities: 2,753
: 989
Capital Work in Progress: 270
: 446
: 554
: 0
Cash & Bank: 61
: 432
Total Assets: 2,753
Total Debt: 810
Net Working Capital: 514
Contingent Liabilities: 73
Book Value per Share: 651.70
Face Value: 10.00
Total Debt: 810
Net Working Capital: 514
Contingent Liabilities: 73
Book Value per Share: 651.70
Face Value: 10.00

Mar 2023

Equity Capital: 26
: 1,259
: 343
Trade Payables: 528
: 953
Total Liabilities: 3,110
: 1,414
Capital Work in Progress: 185
: 418
: 535
: 0
Cash & Bank: 46
: 512
Total Assets: 3,110
Total Debt: 890
Net Working Capital: 327
Contingent Liabilities: 71
Book Value per Share: 489.75
Face Value: 10.00
Total Debt: 890
Net Working Capital: 327
Contingent Liabilities: 71
Book Value per Share: 489.75
Face Value: 10.00

Mar 2024

Equity Capital: 26
: 1,304
: 125
Trade Payables: 688
: 1,369
Total Liabilities: 3,512
: 1,578
Capital Work in Progress: 355
: 406
: 510
: 261
Cash & Bank: 35
: 367
Total Assets: 3,512
Total Debt: 978
Net Working Capital: 218
Contingent Liabilities: 79
Book Value per Share: 506.83
Face Value: 10.00
Total Debt: 978
Net Working Capital: 218
Contingent Liabilities: 79
Book Value per Share: 506.83
Face Value: 10.00

Mar 2025

Equity Capital: 26
: 1,423
: 145
Trade Payables: 719
: 1,791
Total Liabilities: 4,103
: 1,808
Capital Work in Progress: 584
: 390
: 604
: 313
Cash & Bank: 27
: 377
Total Assets: 4,103
Total Debt: 1,357
Net Working Capital: 311
Contingent Liabilities: 107
Book Value per Share: 552.10
Face Value: 10.00
Total Debt: 1,357
Net Working Capital: 311
Contingent Liabilities: 107
Book Value per Share: 552.10
Face Value: 10.00

Mar 2026

Equity Capital: 26
: 1,576
: 147
Trade Payables: 905
: 2,026
Total Liabilities: 4,680
: 2,465
Capital Work in Progress: 188
: 394
: 710
: 398
Cash & Bank: 59
: 467
Total Assets: 4,680
Total Debt: 1,586
Net Working Capital: 349
Contingent Liabilities: 167
Book Value per Share: 610.29
Face Value: 10.00
Total Debt: 1,586
Net Working Capital: 349
Contingent Liabilities: 167
Book Value per Share: 610.29
Face Value: 10.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	50	82	143	240	335	481	465	245	166	397
Cash from Investing	-223	-123	-90	-106	-105	-447	-325	-235	-420	-361
Cash from Financing	165	62	-35	-165	-193	-52	-153	-19	247	-3
	-7	21	17	-31	37	-18	-13	-8	-6	33
Free Cash Flow	-309	-3	110	184	276	190	53	-151	-382	15
OCF / Net Profit	0.59	1.28	2.34	2.12	1.42	1.21	1.91	3.94	1.25	2.54
Cumulative 5-Year FCF	0	0	0	0	258	757	813	552	-14	-275
OCF / Net Profit	0.59	1.28	2.34	2.12	1.42	1.21	1.91	3.94	1.25	2.54
Cumulative 5-Year FCF	0	0	0	0	258	757	813	552	-14	-275

Mar 2017

: 50
Cash from Investing: -223
Cash from Financing: 165
: -7
Free Cash Flow: -309
OCF / Net Profit: 0.59
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.59
Cumulative 5-Year FCF: 0

Mar 2018

: 82
Cash from Investing: -123
Cash from Financing: 62
: 21
Free Cash Flow: -3
OCF / Net Profit: 1.28
Cumulative 5-Year FCF: 0
OCF / Net Profit: 1.28
Cumulative 5-Year FCF: 0

Mar 2019

: 143
Cash from Investing: -90
Cash from Financing: -35
: 17
Free Cash Flow: 110
OCF / Net Profit: 2.34
Cumulative 5-Year FCF: 0
OCF / Net Profit: 2.34
Cumulative 5-Year FCF: 0

Mar 2020

: 240
Cash from Investing: -106
Cash from Financing: -165
: -31
Free Cash Flow: 184
OCF / Net Profit: 2.12
Cumulative 5-Year FCF: 0
OCF / Net Profit: 2.12
Cumulative 5-Year FCF: 0

Mar 2021

: 335
Cash from Investing: -105
Cash from Financing: -193
: 37
Free Cash Flow: 276
OCF / Net Profit: 1.42
Cumulative 5-Year FCF: 258
OCF / Net Profit: 1.42
Cumulative 5-Year FCF: 258

Mar 2022

: 481
Cash from Investing: -447
Cash from Financing: -52
: -18
Free Cash Flow: 190
OCF / Net Profit: 1.21
Cumulative 5-Year FCF: 757
OCF / Net Profit: 1.21
Cumulative 5-Year FCF: 757

Mar 2023

: 465
Cash from Investing: -325
Cash from Financing: -153
: -13
Free Cash Flow: 53
OCF / Net Profit: 1.91
Cumulative 5-Year FCF: 813
OCF / Net Profit: 1.91
Cumulative 5-Year FCF: 813

Mar 2024

: 245
Cash from Investing: -235
Cash from Financing: -19
: -8
Free Cash Flow: -151
OCF / Net Profit: 3.94
Cumulative 5-Year FCF: 552
OCF / Net Profit: 3.94
Cumulative 5-Year FCF: 552

Mar 2025

: 166
Cash from Investing: -420
Cash from Financing: 247
: -6
Free Cash Flow: -382
OCF / Net Profit: 1.25
Cumulative 5-Year FCF: -14
OCF / Net Profit: 1.25
Cumulative 5-Year FCF: -14

Mar 2026

: 397
Cash from Investing: -361
Cash from Financing: -3
: 33
Free Cash Flow: 15
OCF / Net Profit: 2.54
Cumulative 5-Year FCF: -275
OCF / Net Profit: 2.54
Cumulative 5-Year FCF: -275

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
PER SHARE	-	-	-	-	-	-	-	-	-	-
EPS (₹)	44.10	33.14	31.44	58.35	130.38	218.28	92.95	23.69	50.81	59.42
Book Value (₹)	293.97	317.09	347.23	377.91	467.53	651.70	489.75	506.83	552.10	610.29
Dividend per Share (₹)	10.00	6.00	6.00	15.00	25.00	35.00	5.00	3.00	4.00	4.00
Cash EPS (₹)	43.84	39.66	39.39	61.21	108.65	168.74	121.50	57.78	88.79	111.65
PROFITABILITY	-	-	-	-	-	-	-	-	-	-
Operating Margin %	9.98%	8.93%	8.15%	12.24%	18.04%	19.81%	13.86%	6.87%	9.68%	10.23%
Net Margin %	5.05%	3.43%	2.74%	4.95%	9.95%	12.68%	7.79%	2.33%	4.49%	4.16%
ROE %	16.69%	10.85%	9.46%	16.09%	29.91%	39.00%	19.76%	4.75%	9.60%	10.22%
ROCE %	12.25%	8.94%	8.80%	14.26%	23.56%	30.79%	17.16%	7.17%	10.20%	11.33%
	6.38%	3.90%	3.37%	6.01%	11.77%	16.28%	8.32%	1.88%	3.50%	3.55%
EFFICIENCY	-	-	-	-	-	-	-	-	-	-
Debtor Days	30	34	33	32	29	24	24	32	35	35
Inventory Days	44	51	46	44	50	54	63	71	68	64
Payable Days	35	26	25	28	31	32	36	42	37	34
	40	59	54	48	48	46	52	61	66	65
FINANCIAL HEALTH	-	-	-	-	-	-	-	-	-	-
Debt to Equity (x)	1.09x	1.28x	1.20x	1.07x	0.90x	0.68x	0.69x	0.73x	0.94x	0.99x
Interest Coverage (x)	3.54x	2.22x	2.28x	4.10x	8.89x	13.98x	6.48x	1.81x	2.64x	2.42x
	1.02x	1.04x	1.13x	1.13x	1.29x	1.60x	1.33x	1.19x	1.25x	1.23x
GROWTH	-	-	-	-	-	-	-	-	-	-
Revenue Growth %	-2.08%	16.36%	16.79%	2.18%	3.71%	32.96%	0.89%	-15.59%	11.89%	25.69%
Operating Profit Growth %	-14.04%	-0.96%	8.22%	54.63%	53.19%	44.24%	-29.92%	-42.15%	44.23%	34.08%
Net Profit Growth %	-10.91%	-24.85%	-5.15%	85.63%	108.83%	67.42%	-38.48%	-74.51%	114.46%	16.95%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-74.51%	114.46%	16.95%
VALUATION	-	-	-	-	-	-	-	-	-	-
P/E (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	21.08x	12.14x	10.05x
P/B (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.99x	1.12x	0.98x
Dividend Yield %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.60%	0.65%	0.67%
	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	8.97x	8.14x	6.37x

Mar 2017

EPS (₹): 44.10
Book Value (₹): 293.97
Dividend per Share (₹): 10.00
Cash EPS (₹): 43.84
Operating Margin %: 9.98%
Net Margin %: 5.05%
ROE %: 16.69%
ROCE %: 12.25%
: 6.38%
Debtor Days: 30
Inventory Days: 44
Payable Days: 35
: 40
Debt to Equity (x): 1.09x
Interest Coverage (x): 3.54x
: 1.02x
Revenue Growth %: -2.08%
Operating Profit Growth %: -14.04%
Net Profit Growth %: -10.91%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2018

EPS (₹): 33.14
Book Value (₹): 317.09
Dividend per Share (₹): 6.00
Cash EPS (₹): 39.66
Operating Margin %: 8.93%
Net Margin %: 3.43%
ROE %: 10.85%
ROCE %: 8.94%
: 3.90%
Debtor Days: 34
Inventory Days: 51
Payable Days: 26
: 59
Debt to Equity (x): 1.28x
Interest Coverage (x): 2.22x
: 1.04x
Revenue Growth %: 16.36%
Operating Profit Growth %: -0.96%
Net Profit Growth %: -24.85%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2019

EPS (₹): 31.44
Book Value (₹): 347.23
Dividend per Share (₹): 6.00
Cash EPS (₹): 39.39
Operating Margin %: 8.15%
Net Margin %: 2.74%
ROE %: 9.46%
ROCE %: 8.80%
: 3.37%
Debtor Days: 33
Inventory Days: 46
Payable Days: 25
: 54
Debt to Equity (x): 1.20x
Interest Coverage (x): 2.28x
: 1.13x
Revenue Growth %: 16.79%
Operating Profit Growth %: 8.22%
Net Profit Growth %: -5.15%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2020

EPS (₹): 58.35
Book Value (₹): 377.91
Dividend per Share (₹): 15.00
Cash EPS (₹): 61.21
Operating Margin %: 12.24%
Net Margin %: 4.95%
ROE %: 16.09%
ROCE %: 14.26%
: 6.01%
Debtor Days: 32
Inventory Days: 44
Payable Days: 28
: 48
Debt to Equity (x): 1.07x
Interest Coverage (x): 4.10x
: 1.13x
Revenue Growth %: 2.18%
Operating Profit Growth %: 54.63%
Net Profit Growth %: 85.63%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2021

EPS (₹): 130.38
Book Value (₹): 467.53
Dividend per Share (₹): 25.00
Cash EPS (₹): 108.65
Operating Margin %: 18.04%
Net Margin %: 9.95%
ROE %: 29.91%
ROCE %: 23.56%
: 11.77%
Debtor Days: 29
Inventory Days: 50
Payable Days: 31
: 48
Debt to Equity (x): 0.90x
Interest Coverage (x): 8.89x
: 1.29x
Revenue Growth %: 3.71%
Operating Profit Growth %: 53.19%
Net Profit Growth %: 108.83%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2022

EPS (₹): 218.28
Book Value (₹): 651.70
Dividend per Share (₹): 35.00
Cash EPS (₹): 168.74
Operating Margin %: 19.81%
Net Margin %: 12.68%
ROE %: 39.00%
ROCE %: 30.79%
: 16.28%
Debtor Days: 24
Inventory Days: 54
Payable Days: 32
: 46
Debt to Equity (x): 0.68x
Interest Coverage (x): 13.98x
: 1.60x
Revenue Growth %: 32.96%
Operating Profit Growth %: 44.24%
Net Profit Growth %: 67.42%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2023

EPS (₹): 92.95
Book Value (₹): 489.75
Dividend per Share (₹): 5.00
Cash EPS (₹): 121.50
Operating Margin %: 13.86%
Net Margin %: 7.79%
ROE %: 19.76%
ROCE %: 17.16%
: 8.32%
Debtor Days: 24
Inventory Days: 63
Payable Days: 36
: 52
Debt to Equity (x): 0.69x
Interest Coverage (x): 6.48x
: 1.33x
Revenue Growth %: 0.89%
Operating Profit Growth %: -29.92%
Net Profit Growth %: -38.48%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2024

EPS (₹): 23.69
Book Value (₹): 506.83
Dividend per Share (₹): 3.00
Cash EPS (₹): 57.78
Operating Margin %: 6.87%
Net Margin %: 2.33%
ROE %: 4.75%
ROCE %: 7.17%
: 1.88%
Debtor Days: 32
Inventory Days: 71
Payable Days: 42
: 61
Debt to Equity (x): 0.73x
Interest Coverage (x): 1.81x
: 1.19x
Revenue Growth %: -15.59%
Operating Profit Growth %: -42.15%
Net Profit Growth %: -74.51%
: -74.51%
P/E (x): 21.08x
P/B (x): 0.99x
Dividend Yield %: 0.60%
: 8.97x

Mar 2025

EPS (₹): 50.81
Book Value (₹): 552.10
Dividend per Share (₹): 4.00
Cash EPS (₹): 88.79
Operating Margin %: 9.68%
Net Margin %: 4.49%
ROE %: 9.60%
ROCE %: 10.20%
: 3.50%
Debtor Days: 35
Inventory Days: 68
Payable Days: 37
: 66
Debt to Equity (x): 0.94x
Interest Coverage (x): 2.64x
: 1.25x
Revenue Growth %: 11.89%
Operating Profit Growth %: 44.23%
Net Profit Growth %: 114.46%
: 114.46%
P/E (x): 12.14x
P/B (x): 1.12x
Dividend Yield %: 0.65%
: 8.14x

Mar 2026

EPS (₹): 59.42
Book Value (₹): 610.29
Dividend per Share (₹): 4.00
Cash EPS (₹): 111.65
Operating Margin %: 10.23%
Net Margin %: 4.16%
ROE %: 10.22%
ROCE %: 11.33%
: 3.55%
Debtor Days: 35
Inventory Days: 64
Payable Days: 34
: 65
Debt to Equity (x): 0.99x
Interest Coverage (x): 2.42x
: 1.23x
Revenue Growth %: 25.69%
Operating Profit Growth %: 34.08%
Net Profit Growth %: 16.95%
: 16.95%
P/E (x): 10.05x
P/B (x): 0.98x
Dividend Yield %: 0.67%
: 6.37x

Shareholding Pattern

Numbers in percentages

TRADES

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	45.04	45.04	40.98	40.98	40.98	40.86	40.86	40.78	40.78
	3.23	2.56	3.99	3.12	3.49	3.24	2.67	2.13	2.40
	0.68	0.85	0.69	0.09	0.68	0.47	0.84	1.13	1.49
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	51.04	51.54	54.33	55.80	54.85	55.43	55.62	55.97	55.32

Jun 2024

: 45.04
: 3.23
: 0.68
Government: 0.00
: 51.04

Sep 2024

: 45.04
: 2.56
: 0.85
Government: 0.00
: 51.54

Dec 2024

: 40.98
: 3.99
: 0.69
Government: 0.00
: 54.33

Mar 2025

: 40.98
: 3.12
: 0.09
Government: 0.00
: 55.80

Jun 2025

: 40.98
: 3.49
: 0.68
Government: 0.00
: 54.85

Sep 2025

: 40.86
: 3.24
: 0.47
Government: 0.00
: 55.43

Dec 2025

: 40.86
: 2.67
: 0.84
Government: 0.00
: 55.62

Mar 2026

: 40.78
: 2.13
: 1.13
Government: 0.00
: 55.97

Jun 2026

: 40.78
: 2.40
: 1.49
Government: 0.00
: 55.32

Documents

Announcements

Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-20 - COSMO FIRST LIMITED has informed the Exchange about Schedule of meet
Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-14 - COSMO FIRST LIMITED has informed the Exchange about Transcript

Annual Reports

Credit Ratings

Nothing filed yet.

Concalls

Aug 2026
Transcript PPTREC
May 2026
Transcript PPTREC
Feb 2026
Transcript PPTREC