Cosmo First
Cosmo First is a publicly listed Indian multinational (founded 1981, formerly Cosmo Films) operating five divisions: specialty BOPP/CPP/BOPET films, rigid packaging, specialty chemicals, surface protection films, and the Zigly omnichannel pet care ecosystem, serving industrial converters and consumers across 100+ countries.
- Company typePublic
- Founded1981
- HeadquartersNew Delhi, India
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What Cosmo First does
Cosmo First Limited (formerly Cosmo Films Limited, rebranded May 2022) is a publicly listed Indian multinational founded in 1981 by Ashok Jaipuria that introduced flexible packaging to the Indian market. Headquartered in New Delhi, the company operates through five core divisions: Cosmo Films (the dominant original business and global leader in specialty BOPP/CPP/BOPET films for flexible packaging, lamination, labelling, and industrial applications; largest BOPP exporter from India and largest global producer of thermal lamination films, supported by 9 patents and an R&D facility equipped with SEM-EDS, TGA-MS, DMA, FTIR, DSC and optical microscopy), Cosmo Plastech (end-to-end rigid packaging via injection moulding and thermoforming for FMCG, holding FSSC 22000 for food contact), Cosmo Speciality Chemicals (56+ eco-friendly products including masterbatches, coatings, adhesives and textile chemicals; launched FY21 with CosmoWhite and CosmoAdd masterbatch lines added in 2026), Cosmo Consumer (B2C surface protection including Cosmo Sunshield window films, Cosmo PPF paint protection films with Ultra Cool Series launching February 2026, and Cosmo Guard), and Zigly (India's first omni-channel, tech-enabled pet care ecosystem with experience centres, pet hospitals, grooming, and veterinary services). Manufacturing is concentrated in India across three plants (Aurangabad, Karjan/Vadodara, plus the Waluj/Aurangabad hub housing BOPP, BOPET, CPP, extrusion coating, chemical coating and metallizing lines), with additional plants in South Korea and Japan and sales offices in Japan, Germany, and the United States, serving customers in 100+ countries.
The company monetizes almost entirely through hardware sales of physical product across B2B industrial and B2C consumer channels, with diversified revenue streams across specialty films (core), rigid packaging, specialty chemicals, surface protection, and pet care. Go-to-market combines direct enterprise field sales for global converters and brand owners, omni-channel distribution for Cosmo Consumer across 25+ cities, and experience-centre-plus-D2C online for Zigly, supplemented by heavy presence at industry exhibitions (PLASTINDIA 2026, FESPA, Interpack, Labelexpo Europe, Automechanika) and thought-leadership marketing through press, investor communications, and CSR/ESG channels via the Cosmo Foundation. Recent strategic moves include a Rs 400+ crore new BOPP line commissioned June 2025, a 50-50 JV with South Korea's Filmax Corporation announced November 2025, the September 2025 deployment of a Snowflake AI Data Cloud platform, multiple masterbatch and PPF product launches in Q1 2026, and continued Zigly inorganic expansion including a Bengaluru acquisition in July 2025.
Customer concentration risk appears low to moderate: the company does not disclose any anchor customer logos, operates across at least six verticals (F&B packaging, FMCG rigid packaging, specialty chemicals, automotive/architectural surface protection, pet care, industrial labelling) and serves customers in 100+ countries, while pricing is not publicly disclosed and varies by division. Operating performance is mixed: Q2 FY26 (December 2025) consolidated revenue grew 28.31% YoY to Rs 898.98 crore, but operating margin contracted to 7.57% from 8.96%, debt-to-equity stood at 1.11x, operating cash flow for FY ending September 2025 was Rs 166.37 crore, and the share price was down approximately 20% YTD as of December 2025 despite the revenue acceleration.
Cosmo First firmographics
Firmographics- Name
- Cosmo First
- Legal name
- Cosmo First Limited
- Website
- https://cosmofirst.com
- Company type
- Public
- Founded year
- 1981
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Cosmo First is a publicly listed Indian multinational (founded 1981, formerly Cosmo Films) operating five divisions: specialty BOPP/CPP/BOPET films, rigid packaging, specialty chemicals, surface protection films, and the Zigly omnichannel pet care ecosystem, serving industrial converters and consumers across 100+ countries.
- Ownership category
- akta.pro rank
Cosmo First industry classification
Industry- Product category
- Specialty Films & Packaging Materials
- NAICS
- All Other Plastics Product Manufacturing (326199), Resin and Synthetic Rubber Manufacturing (32521), All Other Chemical Product and Preparation Manufacturing (32599)
- SIC
- Unsupported Plastics Film & Sheet (3081), Plastics Products, Nec (3089), Chemicals & Allied Products (2800)
- akta.pro primary industry
- Plastic Films & Laminated Packaging Structures Manufacturing (IMANAEAD)
- akta.pro secondary industries
- Polyolefin Films (PE/PP: Cast, Blown, BOPP) (IMALABAA), Masterbatch Manufacturing (Color, Additive, White/Black) (IMANABAD), Commodity Plastic Compounds (PE/PP/PS/PVC) (IMANABAA), Polymer Compounds & Masterbatches (Compounding, Color/Fill/Additive Concentrates) (IMAEANAJ)
Keywords
Where Cosmo First is headquartered
LocationHeadquarters
- HQ city
- New Delhi
- HQ country
- India
- HQ region
- Asia
Offices7 records
Markets served
Cosmo First business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Technology or R&D, Infrastructure, Personnel, Marketing or Sales
Revenue model
- Specialty Films (Cosmo Films): Global leader in specialty films for flexible packaging, lamination, labelling and industrial applications. Product portfolio includes BOPP films, CPP films, BOPET films, synthetic paper, thermal lamination films, and specialty label films. Cosmo Films is the largest exporter of BOPP films from India and largest producer of thermal lamination films globally.
- Rigid Packaging Solutions (Cosmo Plastech): End-to-end rigid packaging solutions division specializing in customized packaging solutions for FMCG products using injection moulding and thermoforming techniques.
- Specialty Chemicals (Cosmo Speciality Chemicals): More than 56 eco-friendly specialty chemical products including masterbatches, adhesives, textile chemicals. Strategy initiated in FY21 with dedicated R&D capabilities and growing internal consumption for masterbatch.
- Consumer Products (Cosmo Consumer & Zigly): Cosmo Consumer provides surface protection and enhancement solutions including Cosmo Sunshield (window films), Cosmo PPF (paint protection films), and Cosmo Guard (surface protection). Zigly provides omni-channel pet care ecosystem including food, medications, toys, grooming and veterinary services.
- Overall Company Revenue: Consolidated quarterly revenue of Rs 898.98 crore (December 2025), with 28.31% year-on-year growth. Operating profit margin contracted to 7.57% from 8.96% year-ago period.
Go-to-market motion3 records
Distribution channels3 records
Marketing channels6 records
Cosmo First product offering
Product offeringCore offering
Cosmo First manufactures and sells specialty films (BOPP, CPP, BOPET) for flexible packaging, lamination, labelling, and industrial applications through its core Cosmo Films division. The company also delivers rigid packaging solutions (Cosmo Plastech), specialty chemicals and masterbatches (Cosmo Speciality Chemicals), automotive surface protection films (Cosmo Consumer), and an omni-channel pet care ecosystem (Zigly) across 100+ countries with manufacturing facilities in India, Korea, and Japan.
Product overview
Cosmo First Limited is a diversified Indian conglomerate operating through five main business divisions. The core industrial businesses include Cosmo Films (global leader in specialty films including BOPP, CPP, BOPET films for packaging, lamination, and labeling), Cosmo Plastech (rigid packaging solutions via injection moulding and thermoforming), and Cosmo Speciality Chemicals (eco-friendly specialty chemicals, masterbatches, and coatings). Consumer-facing businesses include Cosmo Consumer (surface protection products including window films and paint protection films) and Zigly (omni-channel pet care ecosystem). The company operates manufacturing facilities in India, Korea, Japan, and the US, with products sold across 100+ countries.
Differentiator
Problem solved
Functional benefit
Brands
- Cosmo Sunshield: High-performance window films for automotive and architectural segments
- Cosmo PPF
- Cosmo Guard
- Zigly
- Zigly Foundation
Products and services
- Cosmo Films Specialty films for flexible packaging, lamination, labelling, and industrial applications including BOPP, CPP, and BOPET films, high barrier films, velvet lamination films, synthetic paper, and thermal lamination films. Cosmo Films is the largest exporter of BOPP films from India and largest producer of thermal lamination films globally, with 9 patents and 200,000 MT BOPP capacity serving 100+ countries.
- Cosmo Plastech End-to-end rigid packaging solutions for FMCG products using injection moulding and thermoforming techniques with BOPP-based films. Manufactures customized containers with moisture resistance, tamper proofing, and excellent clarity, and offers PET sheets for pharmaceutical packaging, advanced ESD PET sheets for electronic components, and barrier sheets for ice cream and FMCG. FSSC 22000 certified for food safety management.
- Cosmo Speciality Chemicals Specialty chemicals business with more than 56 eco-friendly products including masterbatches, additive masterbatches, coatings, adhesives, textile chemicals, and PFAS-free processing aids. Operates dedicated R&D facility with SEM-EDS, TGA-MS, DMA, FTIR, imaging IR, DSC, and optical microscope for molecular-level product characterization. Includes CosmoWhite premium white masterbatch range and CosmoAdd additive masterbatch portfolio.
- Cosmo Consumer
Quantifiable outcome
- PAT increased by 110% (more than doubled) in FY21 vs FY20
- +4 more outcomes
Companies that use Cosmo First
Customer profileNamed customers6 records
Segments6 records
Ideal customer profiles6 records
Cosmo First technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature8 records
Cosmo First partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered minor and core.
- Dr. B.R. Ambedkar Sports FoundationminorCosmo Foundation, in collaboration with Dr. B.R. Ambedkar Sports Foundation, organized International Symposium on World Fair Play Day 2026 in New Delhi. Event endorsed by International Fair Play Committee (CIFP) and attended by over six million people globally.
- International Fair Play Committee (CIFP)minorEndorsed the International Symposium on World Fair Play Day 2026 organized by Cosmo Foundation and Dr. B.R. Ambedkar Sports Foundation to advance Fair Play education and discuss establishing National Fair Play Committee of India.
- Filmax CorporationcoreStrategic 50-50 joint venture between Cosmo First and South Korean company Filmax Corporation to expand business verticals into South Korea and global markets. The partnership leverages Cosmo First's technological expertise and supply chain with Filmax's local market strength and brand equity.
- Border Security Force (BSF)minorCosmo Foundation and Border Security Force (BSF) joined hands for a 15,000 Miyawaki and fruit bearing forestry drive to expand Delhi's green cover.
- Pratham Book ChampionsminorCosmo Foundation joined forces with Pratham Book Champions for International Literacy Day Campaign to promote youth skills and literacy in rural India.
- SnowflakecoreCosmo First built an AI-ready Next-Gen Data platform with Snowflake's AI Data Cloud for advanced data analytics and business intelligence capabilities.
Scale indicators16 records
Recent moves10 records
Expansion highlights7 records
Cosmo First competitors and assessment
Company assessmentDirect peers
- Uflex Limited: India's largest flexible packaging company, directly competing with Cosmo Films in BOPP, BOPET, CPP films and laminated packaging structures across FMCG and industrial customers globally.
- Innovia Films (CCL Industries): Specialty BOPP and CPP films producer owned by CCL Industries, competing with Cosmo Films in high-value label films, security films, and sustainable packaging substrates.
- Polyplex Corporation: Major BOPP and BOPET film manufacturer with operations in India, Thailand, and Turkey, directly competing with Cosmo Films in specialty and commodity packaging films globally.
- Taghleef Industries: Global BOPP and CPP films producer with manufacturing across Middle East, Europe, Americas, and Australia, directly competing with Cosmo Films in specialty packaging and label films.
- Jindal Poly Films: Direct Indian competitor in BOPP and BOPET films with similar end-markets in flexible packaging, labelling, and industrial applications; comparable manufacturing footprint and customer base to Cosmo Films.
- Klöckner Pentaplast: Global rigid and flexible plastic films producer serving pharmaceutical, food, and consumer packaging markets; overlaps with Cosmo Plastech and Cosmo Films in rigid packaging and specialty films.
Broad incumbents
- SRF Limited: Diversified Indian conglomerate with a packaging films business (BOPET, BOPP) alongside specialty chemicals, fluorochemicals, and technical textiles - competes with Cosmo Films in films and Cosmo Speciality Chemicals in chemicals.
- Toray Industries: Japanese diversified materials conglomerate with significant BOPET film production, competing with Cosmo Films' specialty BOPET films in packaging, electronics, and industrial applications.
- Sealed Air Corporation: Global packaging company with specialty films and protective packaging solutions; competes with Cosmo Films in food packaging films and Cosmo Consumer in surface protection products.
- Mitsubishi Polyester Film: Subsidiary of Mitsubishi Chemical Holdings and global leader in BOPET films, competing with Cosmo First's specialty BOPET line in industrial, packaging, and electrical insulation applications.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Cosmo First social profiles
Digital presenceCosmo First compliance and trust
Trust signalCompliance4 records
Cosmo First financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cosmo First leadership team
Management profileNumber of profiles
Profiles6 records
Cosmo First subsidiaries and ownership
Company hierarchySubsidiaries7 records
Cosmo First funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cosmo First M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cosmo First
What does Cosmo First do?
Cosmo First manufactures and sells specialty films (BOPP, CPP, BOPET) for flexible packaging, lamination, labelling, and industrial applications through its core Cosmo Films division. The company also delivers rigid packaging solutions (Cosmo Plastech), specialty chemicals and masterbatches (Cosmo Speciality Chemicals), automotive surface protection films (Cosmo Consumer), and an omni-channel pet care ecosystem (Zigly) across 100+ countries with manufacturing facilities in India, Korea, and Japan.
Is Cosmo First a public or private company?
Cosmo First is a public company. It is classified as public and is currently operating.
When was Cosmo First founded?
Cosmo First was founded in 1981. It employs 1,001 to 5,000 people.
Where is Cosmo First based?
Cosmo First is headquartered in New Delhi, India, in the Asia region.
How does Cosmo First make money?
Five revenue lines are on record. Specialty Films (Cosmo Films) is the primary driver. The others are rigid Packaging Solutions (Cosmo Plastech), specialty Chemicals (Cosmo Speciality Chemicals), consumer Products (Cosmo Consumer & Zigly) and overall Company Revenue.
Who are Cosmo First's main competitors?
Direct peers on record are Uflex Limited, Innovia Films (CCL Industries), Polyplex Corporation, Taghleef Industries, Jindal Poly Films and Klöckner Pentaplast. Broad incumbents are SRF Limited, Toray Industries, Sealed Air Corporation and Mitsubishi Polyester Film.
Does Cosmo First have an API?
No public API is recorded for Cosmo First.
What industry is Cosmo First in?
Cosmo First's product category is Specialty Films & Packaging Materials. Its primary akta.pro industry code is IMANAEAD, Plastic Films & Laminated Packaging Structures Manufacturing, with a secondary code of IMALABAA, Polyolefin Films (PE/PP: Cast, Blown, BOPP). Its NAICS code is 326199 and its SIC code is 3081.