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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
₹933.45
Market cap
₹857.6 Cr
Revenue (annual)
₹716.6 Cr
Net profit (annual)
₹50.56 Cr
P/E (TTM)
17.0×Sector 17.1×
Promoter holding
56.54%
FII holding
0.09%Current quarter

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

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