Cosmo First Ltd
Cosmo First Ltd (COSMOFIRST)

Cosmo First Ltd (COSMOFIRST)

₹8900.17%

Key Stats

₹889
Day's Price Range
₹909
₹750.04
52-Week Price Range
₹1428.01
1 Month Return-11.29 %
3 Month Return-27.42 %
1 Year Return-4.78 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 33
4.02
EPS
Rank 3
₹221.5
BVPS
Rank 29
₹469.93
Dividend Yield
Rank 17
4.03%
ROE
Rank 41
27.29%
Price To Book Ratio
Rank 146
1.89
Debt To Asset
Rank 250
0.6

Company Information

Cosmo Films CFL promoted by Ashok Jaipuriason of the late Sitaram Jaipuria former CMD of SWadeshi Polytex is the pioneer in the manufacture of biaxiallyoriented polypropyleneBOPP film which is widely used in the consumer product industry for packaging. The company went public four years after its incorporation in 1976.CFL the first ISO 9002 certified BOPP manufacturing company operates two plants at Chikalthana and Waluj both in Aurangabad district of Maharashtra with an combined production capacity of 23100 MTPA of BOPP and Synthetic paper. The company has taken up an another expansion project of 10000 MTPA at existing location at Waluj. CFT start exporting its products from 1994. The company is continuously scaling up its capacity in line with the demand and it has set up a second plantwith an installed capacity of 2000tpa for manufacture of BOPP film at the Waluj Industrial Area in the Aurangabad district. Later the combined installed capacity was increased to 10800 mtpa through an expansion plan. In 199697 CFL has undertaken an debottlenecking programmerevamping of Line III thus increasing the installed capacity to 13200 MTPA. And again in 199798 the installed capacity was increased to 14100 MT.The company is in the process of acquiring land at Nashik Maharashtra for setting up a new unit with an installed capacity of 17000 MTPA of BOPP film. The company has plans to manufacture electricalgrade BOPP film in collaboration with General Electric US. The company has won the Best BOPP Exporter Award from PLEXCONCIL for the year 199899.The company acquired 76.51 stake in Gujarat Propack GPP at a price of Rs 29.25 per share. The deal translates into an Enterprise Valuation of around Rs 87 crore. In line with the take over Cosmo Films shall make an oppen offer to acquire a further 20 shareholding from public at the acquisition price of Rs 29.25 per share. GPP was established in 1986 and is the second largest player in the Indian BOPP films industry with over 27 market share. GPP has an excellent track record in developing specialized products for highend packaging applications and has an impressive customer profile which includes Hindustan Lever Nestle India ITC Britania and Godfrey Philips India among others. GPP has total of three manufacturing lines and two plants located at Baroda with a capacity of 13000 MTPA.During the year 2002 Gujarat Propack Ltd merged with the company in the ratio of 2:1 equity shares held.The company had issued Bonus Shares in the ratio of 1:1 to its shareholders and the allotment was completed on 28.03.2003.The company has increased BOPPs installed capacity by 25500 MT and consequently the total capacity has now stood at 48600 MT.
OrganisationCosmo First Ltd
HeadquartersNew Delhi
IndustryPackaging