Yet Another Record Performance by Cosmo Films Ltd.

Cosmo Films Limited, a Global Leader in Films for Packaging, Labelling, Lamination and Synthetic Paper and an emerging player in Specialty Chemicals, Polymers & Pet care declared its financial results for the quarter and year ended March 2021. During FY21, PAT has more than doubled (110% up from FY20) on the back of higher speciality sales, better operating margins, and uptick performance by subsidiaries. FY21 ROCE and ROE stands at 22% and 30% respectively while EPS increased by 115% (vs PY) to Rs.127 per share. Net debt at Rs.438 crores is close to 1 times to EBITDA.