Cosmo First reports 25% rise in sales volume; Q2 FY26 revenue up 21% YoY to ₹919 crore
Group CEO Pankaj Poddar said FY26 would focus on fully leveraging new investments and accelerating the scale-up of emerging businesses.
Specialty chemicals and consumer businesses drive growth; new product launches and capacity expansion to accelerate momentum in H2 FY26
New Delhi, Nov 11: Cosmo First Limited reported consolidated revenue of ₹919 crore for the second quarter of FY26, a 21% increase year-on-year from ₹759 crore in Q2 FY25. The company’s EBITDA rose to ₹128 crore, driven by higher sales volume (up 25%) and robust performance of its specialty chemicals subsidiary, while PAT remained steady at ₹47 crore despite higher depreciation and interest from newly commissioned lines.
The company said margins were impacted by weaker commodity film pricing (BOPP and BOPET), elevated U.S. tariffs that could only be partially passed on to customers, and stabilization costs for new production lines. These new capacities, expected to reach full utilization by Q4 FY26, are key to the company’s next phase of growth.
Group CEO Pankaj Poddar said FY26 would focus on fully leveraging new investments and accelerating the scale-up of emerging businesses. “The FY26 focus will be on fully leveraging the investments in newer production lines and faster scaling of new businesses,” he said.
Segment Highlights
Films (Cosmo Films)
The company commissioned its advanced KARO®IV Laboratory Stretching Machine to boost R&D for specialty films and expanded its U.S. operations with a high-speed slitter rewinder. Cosmo also achieved ISO 27001:2022 certification and launched CSP Dualcoat under its synthetic paper portfolio, enhancing sustainability.
Specialty Chemicals (Cosmo Speciality Chemicals)
The business maintained strong momentum with launches in coating chemicals, masterbatches, and adhesives targeting packaging and lamination markets. Three new products developed in Q1 are expected to be commercialized within the next two quarters.
Rigid Packaging (Cosmo Plastech)
Cosmo Plastech showcased its packaging solutions at the World of Ice Cream Expo, emphasizing global food-grade standards with FSSC 22000 certification. It also launched an advanced ESD PET sheet for electronics packaging.
Consumer Division (Cosmo Consumer)
The division expanded the presence of Cosmo Paint Protection Films (PPF) in Mumbai and Pune through mobile campaigns and strengthened its nationwide distributor network for Cosmo Sunshield and PPF products.
Petcare (Zigly)
Zigly accelerated its national expansion with new stores in Mumbai, Bengaluru, Vastrapur, Gurugram, and Amritsar, and acquired Dr Santa Animal Hospital in Bengaluru. It also celebrated International Happy Pets Day, hosted Zigly Wagathon events, and launched new wet food products under its private label. Zigly was recognized at the Indian Pet Industry Awards 2025 for outstanding service innovation.
CSR (Cosmo Foundation)
Cosmo Foundation marked World Youth Skills Day, celebrating the milestone of 50,000+ youth trained in AI, computer literacy, and digital programs. It also collaborated with Pratham Book Champions for literacy initiatives and continued its community-led education and environmental programs aligned with the company’s ESG commitments.
Digital and Group Initiatives
Cosmo First announced the implementation of the Snowflake AI Data Cloud, a key milestone in its digital transformation roadmap to enhance analytics, efficiency, and decision-making across all businesses.
About Cosmo First Limited
Founded in 1981 by Ashok Jaipuria, Cosmo First Limited operates five businesses—Cosmo Films, Cosmo Plastech, Cosmo Speciality Chemicals, Zigly Petcare, and Cosmo Consumer—spanning industrial and consumer segments. A pioneer in specialty BOPP films, Cosmo First continues to expand into consumer and specialty categories, combining innovation, sustainability, and global growth.
