Cosmo Ferrites Limited has announced a significant addition to its leadership team. The company has appointed Mr. Nikit Chaudhary as Business Head-Vice President, a position categorized under Senior Management Personnel. The appointment takes effect from August 06, 2025, as per the company's filing with the Bombay Stock Exchange.

New Leadership Role

Mr. Chaudhary will serve as the Business Head (Vice President) overseeing all divisions of Cosmo Ferrites Limited. This appointment comes as part of the company's strategy to strengthen its management structure and drive growth across its operations.

Professional Background

Nikit Chaudhary brings a wealth of experience to his new role at Cosmo Ferrites:

• Industry Experience: Over 13 years of expertise spanning manufacturing, automotive, and E-Mobility sectors.
• Educational Qualifications:
  • PGDM in Operations and Marketing from the Indian Institute of Management Lucknow
  • B.Tech in Electrical & Electronics from NIT Bhopal

Regulatory Compliance

The appointment was disclosed in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Cosmo Ferrites Limited has duly informed the Bombay Stock Exchange about this change in senior management, adhering to the regulatory requirements for listed companies.

Company Outlook

With Mr. Chaudhary's diverse experience in key sectors like manufacturing and E-Mobility, Cosmo Ferrites appears to be positioning itself for potential growth and innovation in its ferrite core manufacturing business. The appointment may signal the company's intent to explore new opportunities or strengthen its existing operations in these dynamic industries.

As Cosmo Ferrites Limited welcomes Mr. Nikit Chaudhary to this crucial role, stakeholders will be keen to observe how his leadership and industry insights contribute to the company's future strategies and performance in the ferrite manufacturing sector.

Cosmo Ferrites Limited , a leading manufacturer of soft ferrite cores, has reported a significant increase in revenue and EBITDA for the first quarter of fiscal year 2026. The company's performance was bolstered by increased volumes and realization in both domestic and export markets, as well as a recent regulatory development favoring domestic producers.

Financial Highlights

For the quarter ended June 30, 2025, Cosmo Ferrites reported:

The company's revenue from operations increased by 20.30% year-over-year, while EBITDA saw a substantial rise of 347.80%. Notably, Cosmo Ferrites turned profitable in Q1 FY26, reporting a PAT of ₹5.00 lakhs compared to a loss in the same quarter last year.

Anti-Dumping Duty on Chinese Imports

In a significant development for the domestic soft ferrite industry, the Central Government has imposed an anti-dumping duty of up to 35% on imports of soft ferrite cores originating from China. This measure, announced through Gazette Notification no. 04/2025-CUSTOM(ADD) dated March 18, 2025, will be effective for five years.

Mr. Ambrish Jaipuria, Chairman of Cosmo Ferrites Ltd., commented on the company's performance and the recent regulatory development: "While Q1 FY26 presented growth in both revenue and EBITDA, the best is yet to come due to the holding of previously imported stock from China at pre-anti-dumping duty prices by importers. We believe that in the coming quarter(s), this will positively impact our domestic business by enabling higher capacity utilization and improved operating margins."

Strategic Initiatives

Cosmo Ferrites has initiated steps towards automation, with most of the automated machinery for press operations already received. These efforts are expected to reduce overall process rejections and manpower costs, potentially leading to further improvements in revenue and EBITDA margins in FY26 and beyond.

Expanding Product Portfolio

The company has entered the Ni-Zn products market, adding 10 new customers last year and 2 more in the last quarter across domestic and export markets. This expansion into new product lines demonstrates Cosmo Ferrites' commitment to diversification and growth.

Manufacturing Capabilities

Cosmo Ferrites operates with manufacturing capacities of 3,600 tons for ferrites powder and 3,900 tons for ferrites components. The company serves both domestic (54%) and export (46%) markets, with a presence in Europe, USA, UK, and other countries.

Future Outlook

With the implementation of the anti-dumping duty and ongoing automation efforts, Cosmo Ferrites is poised for potential growth in the coming quarters. The company's strategic focus on high-end applications, including the installation of a Top Hat Kiln for high permeability ferrite cores, positions it well to meet growing customer demands in specialized markets.

As the electronics industry continues to evolve, with trends such as electric vehicles, renewable energy, and 5G technology driving demand for soft ferrites, Cosmo Ferrites appears well-positioned to capitalize on these opportunities in both domestic and international markets.