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Earnings Call

Cosmic CRF Earnings Call: Key Takeaways

Cosmic CRF is shifting from a component supplier to a fully integrated wagon ecosystem through aggressive acquisitions like Amzen and NS Engineering.

Why this was an Alfa AlertManagement explicitly guides for over 100% volume growth from current levels to FY29 (350k MT vs 133k MT current).
Highlights
Revenue growthConsolidated FY26 revenue shot up 78% YoY driven by capacity expansion.
MarginsMargins suppressed by spring business gestation and heavy legal/pre-op costs.
Order bookCurrent order book stands robust at ₹760 crores.
Demand visibilityStrong Indian Railway demand for 40,000+ wagons annually over seven years.
Management confidenceExtremely high and vindicated following successful Supreme Court ruling for Amzen.

Growth

H2 FY26 revenue rose 77% YoY; total volumes jumped 90% to over 106,000 metric tons.

Outlook

Targeting 350,000 metric tons capacity by FY29, implying ₹3,500cr+ revenue at current pricing.

Risks

High legal costs from IBC litigation and thin initial margins in the spring business lack R&D license.

Source

Earnings Call filed with BSE, BSE: 543928. Summary written with AI assistance from the document.

Read the document ↗

Cosmic CRF Ltd: key numbers

Share price
₹1,320.25
Market cap
₹1,213 Cr
Revenue (annual)
₹716.6 Cr
Net profit (annual)
₹50.56 Cr
P/E (TTM)
24.0×Sector 19.0×
Promoter holding
55.10%
FII holding
0.09%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Cosmic CRF Ltd

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14:19 IST BSE
New Order Win

Cosmic CRF Bags ₹13.3 Cr Order from Infrastructure Company, Kolkata

Cosmic CRF Limited has bagged a purchase order worth ₹13.30 Crore from an infrastructure company in Kolkata. The contract for sheet piling products is to be executed within six months.

Value
₹13.30 Cr
From
Infrastructure Company, Kolkata
Execution
Within 6 months
order quantity
1650.0 MT
14:16 IST BSE
New Order Win

Cosmic CRF Bags ₹13.02 Cr Order from Infrastructure Company, Kolkata

Cosmic CRF Ltd's subsidiary, N.S. Engineering Projects Private Limited, secured four purchase orders totaling ₹13.02 Crore. The orders from a Kolkata-based infrastructure firm involve supplying sheet piles.

Value
₹13.02 Cr
From
Infrastructure Company, Kolkata
Execution
Within 3 to 6 months
sheet piling supply quantity
1591.0 MT
12:53 IST BSE
New Order Win

Cosmic CRF Bags ₹2.5 Cr Order from Infrastructure & Iron & Steel Industry, Kolkata

Cosmic CRF's subsidiary secured a Rs.2.50 Crore order for fabricated steel beams and bars from a Kolkata infrastructure client. Delivery is due within two weeks.

Value
₹2.50 Cr
From
Infrastructure & Iron & Steel Industry, Kolkata
Execution
Within 2 weeks
15:43 IST BSE
New Order Win

Cosmic CRF Bags ₹5.9 Cr Order from Engineering & Infrastructure Industry, Kolkata

Cosmic CRF's subsidiary, Cosmic Springs & Engineers, secured a ₹5.90 Crore purchase order for 504 MT of fabricated structural steel, to be executed within three months.

Value
₹5.90 Cr
From
Engineering & Infrastructure Industry, Kolkata
Execution
Within 3 months
fabricated structural steel quantity
504.0 MT
15:39 IST BSE
New Order Win

Cosmic CRF Bags ₹11.8 Cr Order from Engineering & Infrastructure Industry, Kolkata

Cosmic CRF Limited secured a purchase order worth ₹11.80 Crore from an engineering and infrastructure client. The order involves supplying 1,008 MT of fabricated structural steel.

Value
₹11.80 Cr
From
Engineering & Infrastructure Industry, Kolkata
Execution
Within 3 months
Fabricated Structural Steel
1008.0 MT
15:36 IST BSE
New Order Win

Cosmic CRF Bags ₹14.14 Cr Order from Engineering & Infrastructure Industry, Kolkata

Cosmic CRF Ltd's subsidiary, N.S. Engineering Projects Pvt Ltd, secured orders worth ₹14.14 Crore. The project involves supplying 1,208 MT of fabricated structural steel.

Value
₹14.14 Cr
From
Engineering & Infrastructure Industry, Kolkata
Execution
Within 3 months
Fabricated Structural Steel
1208.0 MT