Cosmo Films Limited - Consolidated Results
                     Cosmo Films reports 53% 
increase in EBITDA and 69% 
in PAT on YOY basis
Cosmo Films Limited
Consolidated Results
Cosmo Films reports 53% increase in EBITDA and 69% in PAT on YOY basis
In Rs. Crores Q1 FY 21 Q4 FY 20 Q1 FY 20 FY 20
Net Revenue 481 524 541 2204
EBITDA 93 78 61 281
PBT 66 37 37 163
PAT 47 21 28 113
EPS (In Rs.) 24.8 10.9 14.5 59.2
New Delhi, August 19th, 2020: Cosmo Films Limited, a global leader in films for 
packaging, labeling, lamination and synthetic paper today declared its financial results for 
the quarter ended June 2020.
The Company posted an EBITDA of Rs.93 crores during Q1 FY21 on the back of higher 
speciality sales (up by 20%) and improved operating margins. Pent-up demand from 
previous quarter and supplies opening up in phased manner led to a favourable demand 
supply scenario and improved margins.
Covid-19 pandemic had marginal impact during the quarter. The Company expects that 
Covid19 impact may remain only marginal in the following quarters too barring unforeseen 
conditions.
Commenting on performance of the company Mr. Pankaj Poddar, CEO, Cosmo Films Ltd. 
said, “The Company shall continue to invest in R&D and grow its specialty film portfolio 
thereby improving margins. The company is also investing in several new initiatives 
including Artificial Intelligence (AI), Data Mining, Cloud Computing etc. which should help 
to achieve automated paperless processes, lower the operating costs and provide superior 
service to the customers and other stakeholders. The company’s 100% subsidiary is 
poised to start speciality masterbatches production in Q2’21 and chemicals in Q4’21.
As a part of its sustainability drive, the Company has taken a target to be water positive at 
all its plant locations, increase in-house consumption of process waste (continuously being 
reduced) and also improve air quality by planting thousands of fruit bearing trees. The 
company is taking several other measures on the sustainability front to help customers & 
society at large and reduce costs.
The Company’s net debt now stands below 2 times of the EBIDTA and investment in new 
capacities is being evaluated to further strengthen the Company’s share of specialty films”.
 
Commenting on the Company’s foray into Pet Care business, Mr. Poddar said that the 
Company is going ahead with the pilot launch in NCR investing about 15 crores over next 
18 months to ascertain the viability of the Pet Care business to launch it at a larger scale. 
The overall investment is expected to remain marginal vis-à-vis size of the existing 
business. Pet care business has been growing in India at 22% CAGR. With smaller 
families, rising income levels and limited social lives (especially post Covid), pet adoption 
has increased and expected to grow many folds. The business scenario is highly 
fragmented and there are no organized players in India offering end to end comprehensive 
solution to the customers. Cosmo expects to fill up this void. Pet care is a low capex 
business while brand building will require some investments in the initial years. The 
Company believes the business will deliver high returns, high valuation and add significant 
value to shareholders.
About Cosmo Films Limited
Established in 1981, Cosmo Films is a global leader in speciality films for packaging, 
lamination, labeling and synthetic paper. With engineering of innovative products and 
sustainability solutions, Cosmo Films over the years has been partnering with worlds’ 
leading F&B, personal care and tobacco brands and packaging & printing converters to 
enhance their consumer experience.
Company’s film offerings include BOPP and CPP films. Today, the company is the largest 
exporter of BOPP films from India and also the largest producer of thermal lamination films 
in the world. Its customer base is spread in more than 100 countries with manufacturing 
units in India, Korea & Japan.