Cosmo Films Ltd. (CFL) was incorporated in ‘76 by Mr. Ashok Jaipuria to manufacture BOPP (Bi-axially oriented polypropylene) films, which find application in the consumer products industry for packaging, lamination and for other industrial applications (capacitors & adhesive tapes). Over the years CFL has evolved from being a small player to one of the leading manufacturers of BOPP films and also supplies niche products like metallised, thermal laminated & other specialty films. The company has outlined a capex of Rs 2 bn to be executed in 2 phases
over the next 2 years, which entails setting up 2 BOPP lines of 35k tpa each as well as augment its metallising and Thermal lamination capacity to 9.6k tpa and 25k tpa resp.
CFL operates out of 2 locations viz. Aurangabad (Maharashtra) and Baroda (Gujarat) with an installed capacity of 78k tpa. The company is a major player in the domestic markets (~22%-23% market share) and also caters to the North American, European & UK markets. The proximity of manufacturing facilities to ports viz. Mumbai and Kandla is particularly advantageous while exporting.
Annual Report FY08
Equity Research Reports
PINC Research - Sep 11, 2008