Cosmo First Ltd.

•

₹ 922.95-1.65%

2026-08-21

cosmofirst.comBSE: 508814NSE: COSMOFIRST

Market Cap₹ 2,459 Cr.

Current Price₹ 923

High / Low₹ 1,042 / 561

Stock P/E0.0

Book Value₹ 503

Price to Book1.21

Dividend Yield0.43 %

ROCE9.9 %

ROE8.5 %

Face Value₹ 10

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ABOUT

KEY POINTS

Revenue Breakup Mar 2026 • Packaging Films: 96.1% • Others: 2.2% • Petcare: 1.7%

PROS

Strong cash generation - operating cash flow backs reported profits (CFO/PAT 3.48x)
Working capital cycle has improved - days down from -10 to -15
Company has a consistent dividend-paying track record
Stock looks reasonably valued - P/E of 14.7 is below its historical median

CONS

A large part of profit comes from other income (77.8% of PBT)
Company has a low return on capital employed of 8.3%
Company has a low return on equity of 6.4% over last 3 years
Promoter holding has decreased over last 2 years: -4.3pp
Interest coverage is weak at 1.9x - earnings barely cover interest

* 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	3659.00	45.02	46479.13	0.98	280.72	38.76	2717.66	4.16	21.49	17.33
2.	ASTRAL	1535.05	71.66	41239.14	0.26	120.20	51.77	1578.00	15.93	19.95	14.65
3.	GRWRHITECH	7110.10	42.59	16518.46	0.17	132.65	59.78	633.08	27.90	20.41	27.17
4.	SHAILY	3348.90	87.12	15403.35	0.09	48.01	16.75	280.67	13.77	19.55	29.59
5.	FINPIPE	158.70	16.00	9846.97	1.73	114.52	16.67	883.58	-15.30	17.40	12.09
6.	TIMETECHNO	191.50	19.30	9453.12	0.78	1178.60	1120.71	16927.10	1151.40	18.16	13.25
7.	KINGFA	5864.50	0.00	7947.21	0.00	80.21	101.58	688.57	49.06	30.70	16.12
8.	RESPONIND	156.60	41.21	4175.09	0.06	2.74	-94.51	192.87	-43.06	10.76	12.09
9.	POLYPLEX	1169.90	23.65	3672.60	0.26	171.07	386.02	2253.62	29.62	1.51	13.15
10.	PRINCEPIPE	282.75	0.00	3126.11	0.35	337.49	6900.41	6094.18	949.97	3.92	12.66
11.	NILKAMAL	2045.15	24.48	3051.88	0.98	24.40	59.20	819.73	-7.18	10.76	9.44
12.	COSMOFIRST	936.60	14.74	2458.55	0.43	53.75	25.38	1165.54	45.69	11.33	11.66

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	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
	602	617	568	604	647	723	679	687	751	873	820	911	1,059
	575	557	535	576	595	656	624	628	679	793	770	817	1,031
Operating Profit	—	—	—	—	—	—	—	—	—	—	—	—	—
OPM %	—	—	—	—	—	—	—	—	—	—	—	—	—
Other Income	19	11	13	22	14	21	20	14	25	24	35	15	10
Interest	17	21	22	25	23	25	24	26	30	36	36	35	38
Depreciation	20	21	22	23	23	24	24	25	29	33	34	35	36
	9	30	2	3	19	39	27	23	38	36	15	40	38
Tax %	-1.22%	22.15%	-87.86%	-11.55%	15.13%	17.37%	16.52%	26.74%	20.74%	18.14%	-11.77%	24.16%	21.88%
Net Profit	9	23	3	3	16	33	22	17	30	29	17	30	30
	4	9	1	1	6	13	9	7	12	11	7	12	1
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

: 602
: 575
Operating Profit: —
OPM %: —
Other Income: 19
Interest: 17
Depreciation: 20
: 9
Tax %: -1.22%
Net Profit: 9
: 4
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2023

: 617
: 557
Operating Profit: —
OPM %: —
Other Income: 11
Interest: 21
Depreciation: 21
: 30
Tax %: 22.15%
Net Profit: 23
: 9
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2023

: 568
: 535
Operating Profit: —
OPM %: —
Other Income: 13
Interest: 22
Depreciation: 22
: 2
Tax %: -87.86%
Net Profit: 3
: 1
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2024

: 604
: 576
Operating Profit: —
OPM %: —
Other Income: 22
Interest: 25
Depreciation: 23
: 3
Tax %: -11.55%
Net Profit: 3
: 1
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2024

: 647
: 595
Operating Profit: —
OPM %: —
Other Income: 14
Interest: 23
Depreciation: 23
: 19
Tax %: 15.13%
Net Profit: 16
: 6
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2024

: 723
: 656
Operating Profit: —
OPM %: —
Other Income: 21
Interest: 25
Depreciation: 24
: 39
Tax %: 17.37%
Net Profit: 33
: 13
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2024

: 679
: 624
Operating Profit: —
OPM %: —
Other Income: 20
Interest: 24
Depreciation: 24
: 27
Tax %: 16.52%
Net Profit: 22
: 9
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2025

: 687
: 628
Operating Profit: —
OPM %: —
Other Income: 14
Interest: 26
Depreciation: 25
: 23
Tax %: 26.74%
Net Profit: 17
: 7
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2025

: 751
: 679
Operating Profit: —
OPM %: —
Other Income: 25
Interest: 30
Depreciation: 29
: 38
Tax %: 20.74%
Net Profit: 30
: 12
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2025

: 873
: 793
Operating Profit: —
OPM %: —
Other Income: 24
Interest: 36
Depreciation: 33
: 36
Tax %: 18.14%
Net Profit: 29
: 11
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2025

: 820
: 770
Operating Profit: —
OPM %: —
Other Income: 35
Interest: 36
Depreciation: 34
: 15
Tax %: -11.77%
Net Profit: 17
: 7
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2026

: 911
: 817
Operating Profit: —
OPM %: —
Other Income: 15
Interest: 35
Depreciation: 35
: 40
Tax %: 24.16%
Net Profit: 30
: 12
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2026

: 1,059
: 1,031
Operating Profit: —
OPM %: —
Other Income: 10
Interest: 38
Depreciation: 36
: 38
Tax %: 21.88%
Net Profit: 30
: 1
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 26
Reserves: 0
Promoter Pledge %: 0.00%

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	1,458	1,749	2,050	2,032	2,083	2,824	2,742	2,391	2,736	3,356	3,663
	1,287	1,602	1,893	1,790	1,721	2,344	2,405	2,244	2,503	3,059	3,411
Operating Profit	186	181	169	262	398	526	396	213	301	397	—
OPM %	13	10	8	13	19	19	14	9	11	12	—
Other Income	15	35	12	20	36	46	59	66	68	100	85
Interest	34	50	52	49	40	37	51	85	97	137	144
Depreciation	36	46	48	50	52	58	69	85	96	131	138
	115	85	69	163	305	430	275	43	108	128	129
Tax %	6	1	16	30	29	27	22	11	19	17	18
Net Profit	108	85	58	114	216	313	214	39	88	106	106
EPS	56	44	30	60	114	114	78	15	34	41	—
Dividend Payout %	18	14	20	26	21	20	6	20	12	10	—
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	37	29	20	39	79	115	81	15	34	41	—
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	37	29	20	39	79	115	81	15	34	41	—

Mar 2017

: 1,458
: 1,287
Operating Profit: 186
OPM %: 13
Other Income: 15
Interest: 34
Depreciation: 36
: 115
Tax %: 6
Net Profit: 108
EPS: 56
Dividend Payout %: 18
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 37
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 37

Mar 2018

: 1,749
: 1,602
Operating Profit: 181
OPM %: 10
Other Income: 35
Interest: 50
Depreciation: 46
: 85
Tax %: 1
Net Profit: 85
EPS: 44
Dividend Payout %: 14
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 29
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 29

Mar 2019

: 2,050
: 1,893
Operating Profit: 169
OPM %: 8
Other Income: 12
Interest: 52
Depreciation: 48
: 69
Tax %: 16
Net Profit: 58
EPS: 30
Dividend Payout %: 20
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 20
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 20

Mar 2020

: 2,032
: 1,790
Operating Profit: 262
OPM %: 13
Other Income: 20
Interest: 49
Depreciation: 50
: 163
Tax %: 30
Net Profit: 114
EPS: 60
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

: 2,083
: 1,721
Operating Profit: 398
OPM %: 19
Other Income: 36
Interest: 40
Depreciation: 52
: 305
Tax %: 29
Net Profit: 216
EPS: 114
Dividend Payout %: 21
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 79
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 79

Mar 2022

: 2,824
: 2,344
Operating Profit: 526
OPM %: 19
Other Income: 46
Interest: 37
Depreciation: 58
: 430
Tax %: 27
Net Profit: 313
EPS: 114
Dividend Payout %: 20
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 115
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 115

Mar 2023

: 2,742
: 2,405
Operating Profit: 396
OPM %: 14
Other Income: 59
Interest: 51
Depreciation: 69
: 275
Tax %: 22
Net Profit: 214
EPS: 78
Dividend Payout %: 6
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 81
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 81

Mar 2024

: 2,391
: 2,244
Operating Profit: 213
OPM %: 9
Other Income: 66
Interest: 85
Depreciation: 85
: 43
Tax %: 11
Net Profit: 39
EPS: 15
Dividend Payout %: 20
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 15
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 15

Mar 2025

: 2,736
: 2,503
Operating Profit: 301
OPM %: 11
Other Income: 68
Interest: 97
Depreciation: 96
: 108
Tax %: 19
Net Profit: 88
EPS: 34
Dividend Payout %: 12
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 34
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 34

Mar 2026

: 3,356
: 3,059
Operating Profit: 397
OPM %: 12
Other Income: 100
Interest: 137
Depreciation: 131
: 128
Tax %: 17
Net Profit: 106
EPS: 41
Dividend Payout %: 10
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 41
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 41

TTM

: 3,663
: 3,411
Operating Profit: —
OPM %: —
Other Income: 85
Interest: 144
Depreciation: 138
: 129
Tax %: 18
Net Profit: 106
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:: 9%
5 Years:: 10%
3 Years:: 7%

COMPOUNDED PROFIT GROWTH

10 Years:: 0%
5 Years:: -13%
3 Years:: -21%

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: 13%
1 Year:: -10%

RETURN ON EQUITY

10 Years:: 16%
5 Years:: 14%
3 Years:: 6%
Last Year:: 8%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	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
	556	614	671	720	812	1,063	1,109	1,131	1,198	1,266
	255	305	310	366	372	269	292	111	131	141
Trade Payables	129	182	190	145	199	342	509	693	729	916
	556	567	603	567	625	851	1,012	1,423	1,832	1,982
Total Liabilities	1,514	1,688	1,793	1,816	2,026	2,543	2,948	3,384	3,916	4,331
ASSETS	-	-	-	-	-	-	-	-	-	-
	900	935	947	976	967	936	1,364	1,492	1,689	2,333
Capital Work in Progress	9	12	40	16	16	268	140	261	519	25
	115	173	193	261	339	565	619	630	673	718
	154	184	172	171	272	358	345	365	420	475
	0	0	0	0	0	0	0	243	267	303
Cash & Bank	18	35	72	38	47	38	24	22	17	47
	319	348	370	354	384	379	457	373	331	430
Total Assets	1,514	1,688	1,793	1,816	2,026	2,543	2,948	3,384	3,916	4,331
Total Debt	604	711	742	721	710	749	838	964	1,321	1,478
Net Working Capital	-12	18	47	28	125	323	56	-6	-79	-138
Contingent Liabilities	62	42	49	42	40	73	70	77	89	133
Book Value per Share	295.80	326.05	354.97	380.23	456.76	595.10	432.30	440.87	466.22	492.15
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00
Total Debt	604	711	742	721	710	749	838	964	1,321	1,478
Net Working Capital	-12	18	47	28	125	323	56	-6	-79	-138
Contingent Liabilities	62	42	49	42	40	73	70	77	89	133
Book Value per Share	295.80	326.05	354.97	380.23	456.76	595.10	432.30	440.87	466.22	492.15
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
: 556
: 255
Trade Payables: 129
: 556
Total Liabilities: 1,514
: 900
Capital Work in Progress: 9
: 115
: 154
: 0
Cash & Bank: 18
: 319
Total Assets: 1,514
Total Debt: 604
Net Working Capital: -12
Contingent Liabilities: 62
Book Value per Share: 295.80
Face Value: 10.00
Total Debt: 604
Net Working Capital: -12
Contingent Liabilities: 62
Book Value per Share: 295.80
Face Value: 10.00

Mar 2018

Equity Capital: 19
: 614
: 305
Trade Payables: 182
: 567
Total Liabilities: 1,688
: 935
Capital Work in Progress: 12
: 173
: 184
: 0
Cash & Bank: 35
: 348
Total Assets: 1,688
Total Debt: 711
Net Working Capital: 18
Contingent Liabilities: 42
Book Value per Share: 326.05
Face Value: 10.00
Total Debt: 711
Net Working Capital: 18
Contingent Liabilities: 42
Book Value per Share: 326.05
Face Value: 10.00

Mar 2019

Equity Capital: 19
: 671
: 310
Trade Payables: 190
: 603
Total Liabilities: 1,793
: 947
Capital Work in Progress: 40
: 193
: 172
: 0
Cash & Bank: 72
: 370
Total Assets: 1,793
Total Debt: 742
Net Working Capital: 47
Contingent Liabilities: 49
Book Value per Share: 354.97
Face Value: 10.00
Total Debt: 742
Net Working Capital: 47
Contingent Liabilities: 49
Book Value per Share: 354.97
Face Value: 10.00

Mar 2020

Equity Capital: 19
: 720
: 366
Trade Payables: 145
: 567
Total Liabilities: 1,816
: 976
Capital Work in Progress: 16
: 261
: 171
: 0
Cash & Bank: 38
: 354
Total Assets: 1,816
Total Debt: 721
Net Working Capital: 28
Contingent Liabilities: 42
Book Value per Share: 380.23
Face Value: 10.00
Total Debt: 721
Net Working Capital: 28
Contingent Liabilities: 42
Book Value per Share: 380.23
Face Value: 10.00

Mar 2021

Equity Capital: 18
: 812
: 372
Trade Payables: 199
: 625
Total Liabilities: 2,026
: 967
Capital Work in Progress: 16
: 339
: 272
: 0
Cash & Bank: 47
: 384
Total Assets: 2,026
Total Debt: 710
Net Working Capital: 125
Contingent Liabilities: 40
Book Value per Share: 456.76
Face Value: 10.00
Total Debt: 710
Net Working Capital: 125
Contingent Liabilities: 40
Book Value per Share: 456.76
Face Value: 10.00

Mar 2022

Equity Capital: 18
: 1,063
: 269
Trade Payables: 342
: 851
Total Liabilities: 2,543
: 936
Capital Work in Progress: 268
: 565
: 358
: 0
Cash & Bank: 38
: 379
Total Assets: 2,543
Total Debt: 749
Net Working Capital: 323
Contingent Liabilities: 73
Book Value per Share: 595.10
Face Value: 10.00
Total Debt: 749
Net Working Capital: 323
Contingent Liabilities: 73
Book Value per Share: 595.10
Face Value: 10.00

Mar 2023

Equity Capital: 26
: 1,109
: 292
Trade Payables: 509
: 1,012
Total Liabilities: 2,948
: 1,364
Capital Work in Progress: 140
: 619
: 345
: 0
Cash & Bank: 24
: 457
Total Assets: 2,948
Total Debt: 838
Net Working Capital: 56
Contingent Liabilities: 70
Book Value per Share: 432.30
Face Value: 10.00
Total Debt: 838
Net Working Capital: 56
Contingent Liabilities: 70
Book Value per Share: 432.30
Face Value: 10.00

Mar 2024

Equity Capital: 26
: 1,131
: 111
Trade Payables: 693
: 1,423
Total Liabilities: 3,384
: 1,492
Capital Work in Progress: 261
: 630
: 365
: 243
Cash & Bank: 22
: 373
Total Assets: 3,384
Total Debt: 964
Net Working Capital: -6
Contingent Liabilities: 77
Book Value per Share: 440.87
Face Value: 10.00
Total Debt: 964
Net Working Capital: -6
Contingent Liabilities: 77
Book Value per Share: 440.87
Face Value: 10.00

Mar 2025

Equity Capital: 26
: 1,198
: 131
Trade Payables: 729
: 1,832
Total Liabilities: 3,916
: 1,689
Capital Work in Progress: 519
: 673
: 420
: 267
Cash & Bank: 17
: 331
Total Assets: 3,916
Total Debt: 1,321
Net Working Capital: -79
Contingent Liabilities: 89
Book Value per Share: 466.22
Face Value: 10.00
Total Debt: 1,321
Net Working Capital: -79
Contingent Liabilities: 89
Book Value per Share: 466.22
Face Value: 10.00

Mar 2026

Equity Capital: 26
: 1,266
: 141
Trade Payables: 916
: 1,982
Total Liabilities: 4,331
: 2,333
Capital Work in Progress: 25
: 718
: 475
: 303
Cash & Bank: 47
: 430
Total Assets: 4,331
Total Debt: 1,478
Net Working Capital: -138
Contingent Liabilities: 133
Book Value per Share: 492.15
Face Value: 10.00
Total Debt: 1,478
Net Working Capital: -138
Contingent Liabilities: 133
Book Value per Share: 492.15
Face Value: 10.00

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	50	130	166	226	273	511	492	198	256	358
Cash from Investing	-221	-118	-126	-103	-69	-464	-365	-221	-487	-261
Cash from Financing	167	6	-23	-162	-174	-60	-140	23	228	-66
	-4	18	17	-39	31	-13	-12	1	-3	31
Free Cash Flow	-306	48	86	171	230	238	126	-133	-286	91
OCF / Net Profit	0.46	1.53	2.85	1.98	1.27	1.63	2.30	5.12	2.91	3.36
Cumulative 5-Year FCF	0	0	0	0	230	774	852	632	175	36
OCF / Net Profit	0.46	1.53	2.85	1.98	1.27	1.63	2.30	5.12	2.91	3.36
Cumulative 5-Year FCF	0	0	0	0	230	774	852	632	175	36

Mar 2017

: 50
Cash from Investing: -221
Cash from Financing: 167
: -4
Free Cash Flow: -306
OCF / Net Profit: 0.46
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.46
Cumulative 5-Year FCF: 0

Mar 2018

: 130
Cash from Investing: -118
Cash from Financing: 6
: 18
Free Cash Flow: 48
OCF / Net Profit: 1.53
Cumulative 5-Year FCF: 0
OCF / Net Profit: 1.53
Cumulative 5-Year FCF: 0

Mar 2019

: 166
Cash from Investing: -126
Cash from Financing: -23
: 17
Free Cash Flow: 86
OCF / Net Profit: 2.85
Cumulative 5-Year FCF: 0
OCF / Net Profit: 2.85
Cumulative 5-Year FCF: 0

Mar 2020

: 226
Cash from Investing: -103
Cash from Financing: -162
: -39
Free Cash Flow: 171
OCF / Net Profit: 1.98
Cumulative 5-Year FCF: 0
OCF / Net Profit: 1.98
Cumulative 5-Year FCF: 0

Mar 2021

: 273
Cash from Investing: -69
Cash from Financing: -174
: 31
Free Cash Flow: 230
OCF / Net Profit: 1.27
Cumulative 5-Year FCF: 230
OCF / Net Profit: 1.27
Cumulative 5-Year FCF: 230

Mar 2022

: 511
Cash from Investing: -464
Cash from Financing: -60
: -13
Free Cash Flow: 238
OCF / Net Profit: 1.63
Cumulative 5-Year FCF: 774
OCF / Net Profit: 1.63
Cumulative 5-Year FCF: 774

Mar 2023

: 492
Cash from Investing: -365
Cash from Financing: -140
: -12
Free Cash Flow: 126
OCF / Net Profit: 2.30
Cumulative 5-Year FCF: 852
OCF / Net Profit: 2.30
Cumulative 5-Year FCF: 852

Mar 2024

: 198
Cash from Investing: -221
Cash from Financing: 23
: 1
Free Cash Flow: -133
OCF / Net Profit: 5.12
Cumulative 5-Year FCF: 632
OCF / Net Profit: 5.12
Cumulative 5-Year FCF: 632

Mar 2025

: 256
Cash from Investing: -487
Cash from Financing: 228
: -3
Free Cash Flow: -286
OCF / Net Profit: 2.91
Cumulative 5-Year FCF: 175
OCF / Net Profit: 2.91
Cumulative 5-Year FCF: 175

Mar 2026

: 358
Cash from Investing: -261
Cash from Financing: -66
: 31
Free Cash Flow: 91
OCF / Net Profit: 3.36
Cumulative 5-Year FCF: 36
OCF / Net Profit: 3.36
Cumulative 5-Year FCF: 36

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
PER SHARE	-	-	-	-	-	-	-	-	-	-
EPS (₹)	55.55	43.67	30.03	58.66	118.63	172.23	81.39	14.77	33.54	40.54
Book Value (₹)	295.80	326.05	354.97	380.23	456.76	595.10	432.30	440.87	466.22	492.15
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 (₹)	49.52	44.72	36.49	56.11	98.35	136.13	107.70	47.21	69.94	90.42
PROFITABILITY	-	-	-	-	-	-	-	-	-	-
Operating Margin %	11.84%	10.18%	7.99%	12.41%	18.33%	18.08%	14.11%	5.99%	8.28%	8.58%
Net Margin %	6.89%	4.77%	2.76%	5.39%	9.94%	10.76%	7.62%	1.57%	3.13%	3.08%
ROE %	20.12%	14.04%	8.82%	15.96%	27.47%	32.75%	19.28%	3.38%	7.39%	8.46%
ROCE %	14.34%	10.73%	8.70%	14.66%	22.93%	27.67%	17.08%	6.22%	8.75%	9.94%
	8.06%	5.30%	3.35%	6.32%	11.22%	13.70%	7.78%	1.22%	2.41%	2.58%
EFFICIENCY	-	-	-	-	-	-	-	-	-	-
Debtor Days	38	42	36	32	30	24	23	30	33	30
Inventory Days	30	35	31	30	37	39	46	53	51	47
Payable Days	32	24	23	27	31	30	36	43	39	36
	37	53	43	35	36	33	33	40	45	41
FINANCIAL HEALTH	-	-	-	-	-	-	-	-	-	-
Debt to Equity (x)	1.05x	1.12x	1.07x	0.98x	0.86x	0.69x	0.74x	0.83x	1.08x	1.14x
Interest Coverage (x)	4.33x	2.71x	2.34x	4.31x	8.69x	12.50x	6.34x	1.51x	2.12x	1.94x
	0.98x	1.03x	1.08x	1.05x	1.18x	1.43x	1.06x	0.99x	0.94x	0.91x
GROWTH	-	-	-	-	-	-	-	-	-	-
Revenue Growth %	1.23%	19.95%	17.26%	-0.89%	2.50%	35.59%	-2.92%	-12.79%	14.41%	22.66%
Operating Profit Growth %	-7.90%	-2.40%	-6.57%	55.10%	51.53%	32.25%	-24.78%	-46.04%	41.07%	31.72%
Net Profit Growth %	-0.27%	-21.38%	-31.23%	95.34%	89.01%	45.18%	-31.73%	-81.85%	127.06%	20.90%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-81.85%	127.06%	20.90%
VALUATION	-	-	-	-	-	-	-	-	-	-
P/E (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	33.81x	18.39x	14.72x
P/B (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	1.13x	1.32x	1.21x
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	10.55x	9.71x	7.56x

Mar 2017

EPS (₹): 55.55
Book Value (₹): 295.80
Dividend per Share (₹): 10.00
Cash EPS (₹): 49.52
Operating Margin %: 11.84%
Net Margin %: 6.89%
ROE %: 20.12%
ROCE %: 14.34%
: 8.06%
Debtor Days: 38
Inventory Days: 30
Payable Days: 32
: 37
Debt to Equity (x): 1.05x
Interest Coverage (x): 4.33x
: 0.98x
Revenue Growth %: 1.23%
Operating Profit Growth %: -7.90%
Net Profit Growth %: -0.27%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2018

EPS (₹): 43.67
Book Value (₹): 326.05
Dividend per Share (₹): 6.00
Cash EPS (₹): 44.72
Operating Margin %: 10.18%
Net Margin %: 4.77%
ROE %: 14.04%
ROCE %: 10.73%
: 5.30%
Debtor Days: 42
Inventory Days: 35
Payable Days: 24
: 53
Debt to Equity (x): 1.12x
Interest Coverage (x): 2.71x
: 1.03x
Revenue Growth %: 19.95%
Operating Profit Growth %: -2.40%
Net Profit Growth %: -21.38%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2019

EPS (₹): 30.03
Book Value (₹): 354.97
Dividend per Share (₹): 6.00
Cash EPS (₹): 36.49
Operating Margin %: 7.99%
Net Margin %: 2.76%
ROE %: 8.82%
ROCE %: 8.70%
: 3.35%
Debtor Days: 36
Inventory Days: 31
Payable Days: 23
: 43
Debt to Equity (x): 1.07x
Interest Coverage (x): 2.34x
: 1.08x
Revenue Growth %: 17.26%
Operating Profit Growth %: -6.57%
Net Profit Growth %: -31.23%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2020

EPS (₹): 58.66
Book Value (₹): 380.23
Dividend per Share (₹): 15.00
Cash EPS (₹): 56.11
Operating Margin %: 12.41%
Net Margin %: 5.39%
ROE %: 15.96%
ROCE %: 14.66%
: 6.32%
Debtor Days: 32
Inventory Days: 30
Payable Days: 27
: 35
Debt to Equity (x): 0.98x
Interest Coverage (x): 4.31x
: 1.05x
Revenue Growth %: -0.89%
Operating Profit Growth %: 55.10%
Net Profit Growth %: 95.34%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2021

EPS (₹): 118.63
Book Value (₹): 456.76
Dividend per Share (₹): 25.00
Cash EPS (₹): 98.35
Operating Margin %: 18.33%
Net Margin %: 9.94%
ROE %: 27.47%
ROCE %: 22.93%
: 11.22%
Debtor Days: 30
Inventory Days: 37
Payable Days: 31
: 36
Debt to Equity (x): 0.86x
Interest Coverage (x): 8.69x
: 1.18x
Revenue Growth %: 2.50%
Operating Profit Growth %: 51.53%
Net Profit Growth %: 89.01%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2022

EPS (₹): 172.23
Book Value (₹): 595.10
Dividend per Share (₹): 35.00
Cash EPS (₹): 136.13
Operating Margin %: 18.08%
Net Margin %: 10.76%
ROE %: 32.75%
ROCE %: 27.67%
: 13.70%
Debtor Days: 24
Inventory Days: 39
Payable Days: 30
: 33
Debt to Equity (x): 0.69x
Interest Coverage (x): 12.50x
: 1.43x
Revenue Growth %: 35.59%
Operating Profit Growth %: 32.25%
Net Profit Growth %: 45.18%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2023

EPS (₹): 81.39
Book Value (₹): 432.30
Dividend per Share (₹): 5.00
Cash EPS (₹): 107.70
Operating Margin %: 14.11%
Net Margin %: 7.62%
ROE %: 19.28%
ROCE %: 17.08%
: 7.78%
Debtor Days: 23
Inventory Days: 46
Payable Days: 36
: 33
Debt to Equity (x): 0.74x
Interest Coverage (x): 6.34x
: 1.06x
Revenue Growth %: -2.92%
Operating Profit Growth %: -24.78%
Net Profit Growth %: -31.73%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2024

EPS (₹): 14.77
Book Value (₹): 440.87
Dividend per Share (₹): 3.00
Cash EPS (₹): 47.21
Operating Margin %: 5.99%
Net Margin %: 1.57%
ROE %: 3.38%
ROCE %: 6.22%
: 1.22%
Debtor Days: 30
Inventory Days: 53
Payable Days: 43
: 40
Debt to Equity (x): 0.83x
Interest Coverage (x): 1.51x
: 0.99x
Revenue Growth %: -12.79%
Operating Profit Growth %: -46.04%
Net Profit Growth %: -81.85%
: -81.85%
P/E (x): 33.81x
P/B (x): 1.13x
Dividend Yield %: 0.60%
: 10.55x

Mar 2025

EPS (₹): 33.54
Book Value (₹): 466.22
Dividend per Share (₹): 4.00
Cash EPS (₹): 69.94
Operating Margin %: 8.28%
Net Margin %: 3.13%
ROE %: 7.39%
ROCE %: 8.75%
: 2.41%
Debtor Days: 33
Inventory Days: 51
Payable Days: 39
: 45
Debt to Equity (x): 1.08x
Interest Coverage (x): 2.12x
: 0.94x
Revenue Growth %: 14.41%
Operating Profit Growth %: 41.07%
Net Profit Growth %: 127.06%
: 127.06%
P/E (x): 18.39x
P/B (x): 1.32x
Dividend Yield %: 0.65%
: 9.71x

Mar 2026

EPS (₹): 40.54
Book Value (₹): 492.15
Dividend per Share (₹): 4.00
Cash EPS (₹): 90.42
Operating Margin %: 8.58%
Net Margin %: 3.08%
ROE %: 8.46%
ROCE %: 9.94%
: 2.58%
Debtor Days: 30
Inventory Days: 47
Payable Days: 36
: 41
Debt to Equity (x): 1.14x
Interest Coverage (x): 1.94x
: 0.91x
Revenue Growth %: 22.66%
Operating Profit Growth %: 31.72%
Net Profit Growth %: 20.90%
: 20.90%
P/E (x): 14.72x
P/B (x): 1.21x
Dividend Yield %: 0.67%
: 7.56x

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