Cosmo First FY26 PAT Rises 17% to Rs 156 Cr
Cosmo First reported a 17% YoY increase in FY26 net profit to Rs 156 crore, supported by a 26% rise in revenue to Rs 3,639 crore and an improved EBITDA margin of 13.2%. Q4 performance was robust with net profit reaching Rs 37 crore and revenue increasing to Rs 1,021 crore. The company reduced its net debt to Rs 1,159 crore and recommended a final dividend of Rs 4 per share.

*this image is generated using AI for illustrative purposes only.
Cosmo First Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The company reported a 17% year-on-year increase in net profit to Rs 156 crore for the full year, while revenue from operations grew to Rs 3,639 crore from Rs 2,895 crore in the previous year. The Board of Directors has recommended a final dividend of Rs 4 per equity share for the financial year ended March 31, 2026, subject to shareholder approval.
Annual Financial Performance
For the year ended March 31, 2026, the company achieved an EBITDA of Rs 479 crore, up from Rs 362 crore in FY25, with the EBITDA margin improving to 13.2% from 12.5%. Profit before tax (PBT) for the year stood at Rs 201 crore compared to Rs 163 crore in the prior year. Earnings per share (EPS) increased to Rs 60.3 from Rs 51.5 in the previous year.
| Metric | Year Ended Mar 31, 2026 | Year Ended Mar 31, 2025 |
|---|---|---|
| Revenue from Operations | Rs 3,639 crore | Rs 2,895 crore |
| Net Profit | Rs 156 crore | Rs 133 crore |
| EBITDA | Rs 479 crore | Rs 362 crore |
| EBITDA Margin | 13.2% | 12.5% |
Q4 Consolidated Performance
The fourth quarter showed robust growth, with net profit rising to Rs 37 crore from Rs 27 crore in the same period last year. Revenue for the quarter increased to Rs 1,021 crore from Rs 746 crore, driven by a 41% increase in sales volume and improved margins in base BOPP and BOPET films. EBITDA for the quarter climbed to Rs 130 crore from Rs 85 crore, expanding the margin to 12.7% from 11.4%. However, PAT improvement was moderated by exceptional items of Rs 7.2 crore and a one-time reversal of deferred tax assets of Rs 5.3 crore due to subsidiary reorganization in South Korea.
| Metric | Q4 FY26 | Q4 FY25 |
|---|---|---|
| Net Revenue | Rs 1,021 crore | Rs 746 crore |
| EBITDA | Rs 130 crore | Rs 85 crore |
| EBITDA Margin | 12.7% | 11.4% |
| Net Profit | Rs 37 crore | Rs 27 crore |
Business Updates and Debt
The Specialty Chemicals subsidiary reported an EBITDA of over 25% in Q4 FY26. Cosmo Plastech posted over 70% topline growth and has nearly reached EBITDA-breakeven. Consumer businesses Zigly and Cosmo Consumer continue to scale, with Zigly recording 54% topline growth in the quarter. Net debt reduced by Rs 55 crore during Q4 FY26 to Rs 1,159 crore, which is 2.4 times the EBITDA. The company plans to reduce net debt further over the next two years.
Historical Stock Returns for Cosmo First
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.24% | +3.45% | -9.09% | +10.16% | -36.07% | +40.79% |
How will Cosmo First's South Korea subsidiary reorganization impact its international revenue mix and tax structure in FY27?
Given Cosmo Plastech's near EBITDA-breakeven status, what timeline and capital investment will be required before it becomes a meaningful profit contributor?
With net debt at 2.4x EBITDA, which specific assets or business segments is Cosmo First likely to monetize or restructure to achieve its two-year debt reduction target?


































