Is Cosmo First a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Cosmo First Ltd is a average quality company .

Is Cosmo First undervalued or overvalued?

The key valuation ratios of Cosmo First Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is Cosmo First share price return in the past 10 years?

Cosmo First Ltd share price has appreciated 31.1% annually (CAGR) over the past ten years.

Is Cosmo First a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Cosmo First Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

Cosmo First Ltd - Stock Valuation and Financial Performance

Name: Cosmo First
Brand: Cosmo First

BSE: 508814 | NSE: COSMOFIRST | Plastic Products | Small Cap

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Cosmo First Share Price

₹565 11.85 2.14%
as on 19-Apr'24 16:01

10 Year X-Ray of Cosmo First:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	5.4%	8.4%	14.7%	12%	9%	7.1%	10.7%	15.9%	20.1%	12.5%	-
Value Creation Index ⓘ	-0.6	-0.4	0.1	-0.2	-0.4	-0.5	-0.2	0.1	0.4	-0.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	1,257	1,479	1,440	1,458	1,749	2,050	2,032	2,083	2,824	2,742	2,388
Sales YoY Gr.	-	17.7%	-2.6%	1.2%	20%	17.3%	-0.9%	2.5%	35.6%	-2.9%	-
Adj EPS ⓘ	6.5	16.8	37.9	34.4	27	21.6	41.4	77.6	114.9	77.1	21.5
YoY Gr.	-	157.3%	125.3%	-9.2%	-21.4%	-20.2%	92.1%	87.3%	48.2%	-32.9%	-
BVPS (₹) ⓘ	128.7	140.9	170.8	197.2	217.4	236.7	253.5	304.5	396.7	432.3	447.1
Adj Net Profit ⓘ	19	49	110	100	78.8	62.9	121	211	313	202	56
Cash Flow from Ops. ⓘ	54	123	245	49.9	130	166	226	273	511	492	-
Debt/CF from Ops. ⓘ	10.4	3.8	1.6	12.1	5.5	4.5	3.2	2.6	1.5	1.7	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	9.1%	9.4%	10.5%	-2.9%
Adj EPS ⓘ	31.6%	23.3%	23%	-32.9%
BVPSⓘ	14.4%	14.7%	19.5%	9%
Share Price	31.1%	31.6%	10.1%	-11%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	5.1	12.5	24.3	18.7	13	9.4	16.8	26.8	32.6	18.1	4.9
Op. Profit Mgn % ⓘ	8.2	8.5	13.7	11.7	8.4	8	12.4	17.4	17.1	12.3	7.1
Net Profit Mgn % ⓘ	1.5	3.3	7.7	6.9	4.5	3.1	5.9	10.2	11.1	7.4	2.4
Debt to Equity ⓘ	1.5	1.1	0.8	1.1	1.1	1.1	1	0.9	0.7	0.7	-
Working Cap Days ⓘ	88	82	83	96	103	93	92	99	87	99	82
Cash Conv. Cycle ⓘ	33	32	30	46	58	47	41	45	40	42	4

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 10.50%

Net Profit is growing at healthy rate in last 3 years 23.04%

Debt to equity has declined versus last 3 years average to 0.74

Return on Equity has declined versus last 3 years average to 4.90%

Sales growth is not so good in last 4 quarters at -16.41%

Latest Financials - Cosmo First Ltd.

	Standalone	Consolidated
TTM EPS (₹)	21.5	30
TTM Sales (₹ Cr.)	2,388	2,661
BVPS (₹.) ⓘ	447.1	507.3
Reserves (₹ Cr.) ⓘ	1,147	1,305
P/BV ⓘ	1.26	1.11
PE ⓘ	26.30	18.84

From the Market
52 Week Low / High (₹)	451.45 / 771.20
All Time Low / High (₹)	2.33 / 1426.67
Market Cap (₹ Cr.)	1,481
Equity (₹ Cr.)	26.3
Face Value (₹)	10
Industry PE ⓘ	35.5

Management X-Ray of Cosmo First:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Cosmo First

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Price to Earnings

Enterprise Value to EBIT

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Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Cosmo First

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	1,257	1,479	1,440	1,458	1,749	2,050	2,032	2,083	2,824	2,742
Operating Expenses ⓘ	1,153	1,356	1,243	1,287	1,602	1,893	1,790	1,721	2,344	2,405
Manufacturing Costs	150	167	168	167	196	213	223	233	284	307
Material Costs	893	1,049	929	956	1,288	1,545	1,388	1,298	1,834	1,864
Employee Cost	51	61	74	79	87	92	125	152	174	169
Other Costs ⓘ	58	79	72	85	31	43	54	38	52	65
Operating Profit ⓘ	103	122	197	171	146	158	243	362	480	337
Operating Profit Margin (%)	8.2%	8.3%	13.7%	11.7%	8.4%	7.7%	11.9%	17.4%	17.0%	12.3%
Other Income ⓘ	8	4	5	15	35	12	20	36	46	59
Interest ⓘ	40	38	29	34	50	52	49	40	37	51
Depreciation ⓘ	40	30	31	36	46	48	50	53	58	69
Exceptional Items ⓘ	-21	-9	-6	0	0	0	0	0	0	0
Profit Before Tax ⓘ	10	49	135	115	85	69	163	305	430	275
Tax ⓘ	2	8	27	7	1	11	49	90	117	61
Profit After Tax	8	40	108	108	85	58	114	216	313	214
PAT Margin (%)	0.6%	2.7%	7.5%	7.4%	4.9%	2.8%	5.6%	10.3%	11.1%	7.8%
Adjusted EPS (₹)	2.8	13.9	37.1	37.0	29.1	20.0	39.1	79.1	114.8	81.4
Dividend Payout Ratio (%)	24%	17%	18%	18%	14%	20%	26%	21%	20%	6%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	375	411	498	575	634	690	739	830	1,081	1,135
Share Capital ⓘ	19	19	19	19	19	19	19	18	18	26
Reserves ⓘ	356	391	479	556	614	671	720	812	1,063	1,109
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	509	394	327	541	615	634	593	581	624	684
Long Term Debt	307	235	223	349	405	432	355	338	480	546
Short Term Debt	202	159	104	192	210	202	238	243	144	138
Trade Payables	117	99	143	129	182	190	145	199	342	509
Others Liabilities ⓘ	140	183	197	270	257	278	339	416	496	620
Total Liabilities ⓘ	1,141	1,087	1,165	1,514	1,688	1,793	1,816	2,026	2,543	2,948
Fixed Assets
Gross Block	916	894	973	1,333	1,411	1,463	1,542	1,584	1,606	2,101
Accumulated Depreciation	341	358	388	433	476	517	566	617	670	737
Net Fixed Assetsⓘ	575	536	585	900	935	947	976	967	936	1,364
CWIP ⓘ	2	14	12	9	12	40	16	16	268	140
Investmentsⓘ	166	169	197	115	173	193	261	339	565	619
Inventories	137	98	108	154	184	172	171	272	358	345
Trade Receivables	136	158	119	205	209	206	168	186	198	157
Cash Equivalents	44	13	18	18	35	72	38	47	38	24
Others Assetsⓘ	80	99	126	114	139	164	186	198	181	299
Total Assets ⓘ	1,141	1,087	1,165	1,514	1,688	1,793	1,816	2,026	2,543	2,948

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	54	123	245	50	130	166	226	273	511	492
PBT ⓘ	10	49	135	115	85	69	163	305	430	275
Adjustment ⓘ	71	68	55	64	73	78	61	46	56	71
Changes in Working Capital ⓘ	-36	7	87	-110	-11	33	33	-27	97	206
Tax Paid ⓘ	9	-1	-32	-19	-17	-14	-32	-52	-72	-60
Cash Flow From Investing Activity ⓘ	-70	-38	-106	-221	-118	-126	-103	-69	-464	-365
Capex	-73	-37	-78	-221	-65	-87	-43	-44	-271	-338
Net Investments	1	-3	-29	-1	-54	-41	-66	-41	-191	38
Others ⓘ	2	2	1	1	1	2	7	17	-3	-64
Cash Flow From Financing Activityⓘ	48	-117	-135	167	6	-23	-162	-174	-60	-140
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	84	-40	-22	126	61	50	-95	-9	145	64
Interest Paid ⓘ	-36	-32	-27	-34	-50	-52	-50	-40	-37	-50
Dividend Paid ⓘ	-5	-2	-26	0	-23	-14	-49	-45	-63	0
Others ⓘ	5	-43	-61	76	18	-7	31	-81	-105	-153
Net Cash Flow ⓘ	32	-32	4	-4	18	17	-39	31	-13	-12

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	2.17	10.28	23.83	20.12	14.04	8.82	15.96	27.47	32.75	19.28
ROCE (%)	5.69	9.58	18.44	14.34	10.73	8.7	14.66	22.93	27.67	17.08
Asset Turnover Ratio	1.24	1.41	1.38	1.17	1.11	1.22	1.17	1.13	1.27	1.02
PAT to CFO Conversion(x)	6.75	3.08	2.27	0.46	1.53	2.86	1.98	1.26	1.63	2.3
Working Capital Days
Receivable Days	34	34	33	38	42	36	32	30	24	23
Inventory Days	30	27	24	30	35	31	30	37	39	46
Payable Days	42	37	36	32	24	23	27	31	30	36

Cosmo First Ltd Stock News

Cosmo First Ltd FAQs

What is the share price of Cosmo First?

Company share prices are keep on changing according to the market conditions. The closing price of Cosmo First on 19-Apr-2024 16:01 is ₹565.0.

What is the market cap of Cosmo First?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 19-Apr-2024 16:01 the market cap of Cosmo First stood at ₹1,481.3.

What is the P/E ratio of Cosmo First?

The latest P/E ratio of Cosmo First as of 19-Apr-2024 16:01 is 26.30.

What is the P/B ratio of Cosmo First?

The latest P/B ratio of Cosmo First as of 19-Apr-2024 16:01 is 1.26.

What is the 52-week high and low of Cosmo First?

The 52-week high of Cosmo First is ₹771.2 and the 52-week low is ₹451.4.

What is the TTM revenue of Cosmo First?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Cosmo First is ₹2,388 ( Cr.) .

About Cosmo First Ltd

Cosmo Films was started in 1981 to manufacture Bi-axially Oriented Polypropylene Films (BOPP) for the first time in India. The company is promoted by its visionary leader Ashok Jaipuria and is a pioneer of BOPP manufacturing in India.

The company is engaged in the production of Wet Laminating, Printing and Pouching, Label Films, Soap Wrap Films, Over Wrap Films, Tape & Textile and Thermal Laminating Film for Graphic Finishing.

Since inception Cosmo has maintained market leadership in both the domestic and export market. Cosmo Films believe in constant growth and innovation and hence had taken strategic decision of expanding its current capacities to compete successfully in the global market. This strategy will help in increasing its global presence while contributing to overall margins and benefiting its shareholders & stakeholders. This is reflected through its association with leading FMCG Brands worldwide for providing them with cost-effective innovative packaging solutions to enhance their value. Its current capacity is 56,000 MT per annum, and 22,000 MT of Thermal lamination film.

The company has acquired a PVDC and Acrylic coating plant from France and has started making inroads in the high barrier packaging material as well as coated Label segments. the R & D of Cosmo is committed to adapt, modify and develop the product to fulfill customer's requirements and needs in time. The R & D center is thoroughly equipped with MVTR, OTR, FTIR machines apart from various other testing equipments

During a survey conducted by 'FORBES' in 2003 Cosmo was recognized as one of the best 200 companies out of 19000 listed companies with revenue of less than 1 Billion US$ outside US.

Product range

Wet Laminating-15 PCT-1 (R/P), 18 PCT-2 (S/S)- It is a co-extruded, plain and one or both side treated Bi-axially Oriented Polypropylene film.
Printing & Pouching â€“18 HST-1(P/P)and 20 HST-1 (P/P) both are co-extruded, both side heat sealable and one side treated Bi-axially Oriented polypropylene fil.
Label Films-38 PCT-1 (LB) and 40 PCT-1 (LB)- is a co-extruded, plain and one side corona treated Bi-axially oriented polypropylene film.
Soap Wrap Films-18 HST-1 (GR-II) It is a Co-extruded, both side heat sealable,one side surface modified and other side treated Bi-axially Oriented polypropylene film.
Over Wrap Films-18 HST-0 (HS) and 20 HST-0 (HS) which is a co-extruded, both side heat sealable and untreated Bi-axially oriented Polypropylene film.
Tape & Textile-23 PCT-1 and 29 PCT-1- It is a co-extruded, plain, one side treated Bi-axially Oriented polypropylens film.
Thermal Laminating Film for Graphic Finishing -24 PCT-2 (DL) and 27 PCT-2 (MDL) It is a Bi-axially Oriented Polypropylene film, uniformly extrusion coated with adhesive all along the film surface,which enables lamination by heat and pressure with paper products.
Selected Value added Films-36 C1008 and 51 C1008- both are one side acryilc and other side PVDC coated white opaque cavitated Bi-axially oriented polypropylene film.

Awards/Achievements

SA-8000:2001 (Registration Certificate) PFFCASTAR 2008 Awarded to Cosmo Films Ltd.
Recognition of Excellence for Print Receptive Coated Clear and White Opaque Label films in the Category of Product Development (Basic Substrate) Presented at Mumbai on 20th November 2008.
2007-08- Dun and Bradstreet Top Exporter Award (2007-08) for the highest Export in Chemicals and Plastics Category by Dun & Bradstreet.
ISO 9001: 2000 - ( Registration Certificate) The Quality Management System of Cosmo Films Ltd has been assessed & found to comply with the requirements of ISO 9001 : 2000 The Quality management System is applicable to design ,development, manufacturing of BOPP films by biaxial orientation process & its marketing for various applications.
ISO 14001 - (Registration Certificate) The Management Systems of Cosmo Films Ltd. have been assessed by International Certification Ltd and found to comply with the requirements of ISO 14001. Department of Scientific and Industrial Research, Ministry of Science and Technology, Government of India, duly recognize our center as a premier research laboratory. This is the only center of this nature in the entire Indian BOPP film industry.
ISO 9001 certified- Joins the elite group of few BOPP film manufacturers in the world.
1998-99: Best BOPP film exporter by Plexconcil. Certificate of export recognition by Government of Maharashtra
1998-Highly Recommended' recognition by Montell for innovative product development
1995- Award for best in house R&D efforts from Government of India.
1994- Excellence in packaging from Indian Institute of Packaging.
Got accredited with American Institute of Baking (AIB) Certification for Safety and Hygiene of Food related products.
Got best BOPP Exporter award for 1998-99, 1999-2000, and 2000-2001.
Cosmo Films Listed in top 19 Indian companies by â€˜Forbes Magazineâ€™.
Awarded in Recognition of Excellence for Extrusion Coatable BOPP Film by Paper, Film & Foil convertersâ€™ Association.
2009 - Acquisition of GBCâ€™s Commercial Print Finishing Business from ACCO Brands Corporation, USA.; Commissioned 8th production line at Karjan.
2011 - Set up a new manufacturing plant in South Korea in November 2011.
2013 - Start up of Shendra Plant in SEZ with BOPP & thermal manufacturing facilities.