Cosmo First Limited (COSMOFIRST) AI Stock Analysis

• Market Cap: ₹15.66B
• Dividend Yield: 0.59%
• Average Volume (3M): 3.58K
• Price to Earnings (P/E): 10.5
• Beta (1Y): 0.67
• Revenue Growth: 16.61%
• EPS Growth: 41.90%
• Country: IN
• Employees: 1,241
• Sector: Services
• Sector Strength: N/A
• Industry: Packaging & Containers
• EPS (TTM): 18.08
• Shares Outstanding: 26,249,727
• 10 Day Avg. Volume: 2,178
• 30 Day Avg. Volume: 3,582
• PEG Ratio: 0.11
• Price to Book (P/B): 1.12
• Price to Sales (P/S): 0.57
• P/FCF Ratio: -4.88
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: ₹635.00 ▼(-6.25% Downside)

Cosmo First Limited's overall stock score is primarily influenced by its moderate financial performance and weak technical indicators. The valuation suggests the stock may be undervalued, which is a positive factor. However, the financial challenges and bearish technical signals weigh down the overall score.

Positive Factors

Specialty film product mix

Cosmo First’s focus on BOPP and value-added specialty films gives it product differentiation and superior realizations versus commodity film. That structural mix supports more resilient margins and customer stickiness in packaging end-markets like FMCG, sustaining long-term revenue quality.

Healthy gross and EBITDA margins

A gross margin above 35% and double-digit EBITDA margin indicate efficient manufacturing and the ability to cover fixed costs. These operating economics create a durable cushion against input swings, enabling reinvestment in capacity and specialty grades that support medium-term margin sustainability.

Positive revenue and EPS trends

Sustained revenue growth and outsized EPS growth point to improving operating leverage, higher realizations or mix shifts toward specialty grades. If end-market packaging demand remains stable, these trends support continued earnings improvement and capacity utilization over the next several quarters.

Negative Factors

Substantial leverage

Nearly 1x debt-to-equity and a mid-30s equity ratio indicate material leverage that limits financial flexibility. Combined with modest ROE, elevated leverage raises refinancing and interest-rate vulnerability, reducing the firm’s ability to absorb shocks or invest opportunistically over the medium term.

Negative free cash flow

Negative FCF driven by heavy capex constrains the company’s ability to deleverage, fund dividends, or pursue strategic initiatives. Although operating cash covers net income, persistent negative FCF reduces liquidity headroom and increases reliance on external financing over the coming months.

Compressed net profitability

A low net margin under 5% leaves limited buffer for raw material cost swings, interest expenses, and overhead. With sizeable capex and leverage, compressed net profitability heightens earnings volatility and makes sustained ROE improvement dependent on margin recovery or significant cost efficiency gains.

Cosmo First Limited Business Overview & Revenue Model

Company Description

Cosmo First Limited engages in the manufacture and sale of bi-axially oriented polypropylene (BOPP) films in India and internationally. The company provides packaging films; lamination films; label films; and industrial films. It also offers specialty chemicals; and operates retail and services platform that provides a range of pet care products, such as food, nutritional supplements, hygiene products, accessories, and toys, as well as vet care, grooming, and training services. The company was formerly known as Cosmo Films Limited and changed its name to Cosmo First Limited in July 2022. Cosmo First Limited was incorporated in 1976 and is based in New Delhi, India.

How the Company Makes Money

COSMOFIRST generates revenue through multiple streams, primarily by selling its specialty chemical products to various industries. The company has established long-term contracts with key clients in the textiles and personal care sectors, ensuring a steady flow of income. Additionally, COSMOFIRST benefits from strategic partnerships with suppliers and distributors, enhancing its market reach and operational efficiency. The company also invests in research and development to innovate and expand its product line, thus attracting new customers and increasing sales. Furthermore, COSMOFIRST may capitalize on market trends by offering customized solutions that meet specific client demands, contributing to its overall profitability.

Cosmo First Limited Financial Statement Overview

Summary

Cosmo First Limited demonstrates moderate financial health with stable revenue and operating margins. However, the recent decline in net profit margins and negative free cash flow growth could be concerning. While the balance sheet shows a reasonable equity ratio, the high leverage poses potential risks. Overall, the company needs to address profitability and cash flow challenges to enhance financial stability.

Income Statement

Cosmo First Limited has shown fluctuating revenue growth with a recent decline from its peak in 2023. The gross profit margin for the latest period is 35.03%, indicating stable profitability. However, the net profit margin has decreased to 4.61% in the latest period, suggesting a decline in net profitability. EBITDA margin remains moderate at 12.52%, reflecting stable operational efficiency but with room for improvement.

Balance Sheet

The company maintains a strong equity base with an equity ratio of 35.55%, indicating moderate financial stability. However, the debt-to-equity ratio of 0.98 suggests substantial leverage, which could pose financial risks. The return on equity is 9.10%, indicating a reasonable return for shareholders but also highlighting the need for improved profitability.

Cash Flow

Cosmo First Limited's cash flow situation shows challenges, with a negative free cash flow growth rate due to significant capital expenditures. The operating cash flow to net income ratio is 1.25, indicating adequate cash generation from operations. However, the negative free cash flow to net income ratio highlights cash flow constraints, signaling potential liquidity issues.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	30.05B	28.95B	25.64B	30.25B	29.96B	22.52B
Gross Profit	10.69B	10.14B	6.77B	8.59B	10.05B	7.63B
EBITDA	3.94B	3.62B	2.50B	4.17B	6.09B	4.21B
Net Income	1.45B	1.33B	621.90M	2.44B	3.97B	2.37B
Balance Sheet
Total Assets	0.00	41.25B	35.28B	31.28B	27.60B	21.25B
Cash, Cash Equivalents and Short-Term Investments	3.83B	3.91B	4.11B	4.46B	4.95B	3.14B
Total Debt	0.00	14.38B	10.48B	9.32B	8.18B	7.60B
Total Liabilities	-14.66B	26.58B	21.80B	18.30B	15.69B	12.71B
Stockholders Equity	14.66B	14.66B	13.48B	12.98B	11.91B	8.54B
Cash Flow
Free Cash Flow	0.00	-3.36B	-522.90M	847.60M	1.98B	2.61B
Operating Cash Flow	0.00	1.66B	2.45B	4.65B	4.81B	3.35B
Investing Cash Flow	0.00	-4.20B	-2.35B	-3.25B	-4.47B	-1.05B
Financing Cash Flow	0.00	2.47B	-185.20M	-1.53B	-516.60M	-1.93B

Cosmo First Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 677.30
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:COSMOFIRST, the sentiment is Negative. The current price of 677.3 is above the 20-day moving average (MA) of 628.77, above the 50-day MA of 675.39, and below the 200-day MA of 875.86, indicating a bearish trend. The MACD of -29.68 indicates Positive momentum. The RSI at 36.75 is Neutral, neither overbought nor oversold. The STOCH value of 28.70 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:COSMOFIRST.

Cosmo First Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HUHTAMAKI	66 Neutral	₹13.56B	13.62	―	0.95%	-1.59%	-75.34%
COSMOFIRST	63 Neutral	₹15.66B	10.54	―	0.59%	16.61%	41.90%
TCPLPACK	61 Neutral	₹23.66B	18.66	―	1.00%	9.49%	9.69%
UFLEX	61 Neutral	₹33.03B	8.46	―	0.62%	7.44%	―
NAHARPOLY	60 Neutral	₹5.73B	9.44	―	0.41%	8.64%	182.96%
MOLDTKPAC	59 Neutral	₹18.16B	26.78	―	0.67%	15.51%	7.88%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%

Cosmo First Limited Corporate Events

Cosmo First Opens Special Window for Share Transfer Re-lodgement

Cosmo First Limited has announced the opening of a special window for the re-lodgement of physical share transfer requests. This initiative, in line with a SEBI circular, allows shareholders to re-submit transfer deeds that were previously rejected or not processed due to document deficiencies. The window is open from July 7, 2025, to January 6, 2026, providing an opportunity for stakeholders to rectify past issues and ensure their share transfers are completed.

Cosmo First Limited Publishes Quarterly Financial Results

Cosmo First Limited has announced the publication of its unaudited standalone and consolidated financial results for the quarter ending September 30, 2025. These results have been published in compliance with regulatory requirements in the Business Standard newspaper. This announcement is part of the company’s ongoing commitment to transparency and regulatory compliance, potentially impacting stakeholder trust and market perception.