Tag: Mr. Pankaj Poddar

Business

Cosmo Speciality Chemicals– Textile division, develop 5th generation Silicone softener “LOTOSIL BHB” range

Oct 25, 2021 by Rekha Nair 0 Comments #Business Head, #Cosmo Speciality Chemicals, #Group CEO of Cosmo Films Ltd, #Mr. Anil Gaikwad, #Mr. Pankaj Poddar

New Delhi: Cosmo Speciality Chemicals has developed a 5th generation Silicone softener” LOTOSIL BHB” range which can be applied to any substrate like Cotton, Polyester and blends, etc. These are hydrophobic and based on block silicone chemistry.

Speaking on this initiative, Mr. Anil Gaikwad, Business Head, Cosmo Speciality Chemicals said, “We thrive on creating unique goods, and to promote meaningful innovation for the textile industry, allowing us to bring new solutions to a wider audience at a faster speed.

“We have also developed Silicone softeners for a set of four products in LOTOSIL BHB” range which gives excellent inner softness with soft bouncy feel stable to shear force, high liquor TDS temperature, and variation in pH. It is a hydrophobic softener based on block silicon chemistry,” he added.

Silicone softeners increase the quality of textile materials, particularly their handling. The term “handle” refers to the mechanical behavior of fabrics that have been subjected to low pressures similar to those experienced during garment production and usage. It is critical in this day and age for everyone, from youngsters to the elderly, regardless of gender, to have a soft feel and be amazed by the lightness and bulkiness of materials. In this day and age, comfort is a requirement of society.

There are four set of products in this range: 1.LOTOSIL BHB1; 2.LOTOSIL BHB;3.LOTOSIL BHB2L; 4.LOTOSIL BHB2P

Mr. Pankaj Poddar, Group CEO of Cosmo Films Ltd said “At Cosmo, we pride ourselves on being specialized and niche in its offerings. Thus, innovation is comes as part of our DNA, driven by the consumer needs and backed by strong tech infrastructure”.

The basic feature of LOTOSIL BHB ranges include excellent inner softness coupled with surface smoothness, exhibits soft and bouncy handle, exhibits stability to shear forces, high liquor TDS and temperature, and variation in pH.

The substrate of this 5th generation Silicone softener can be overdyed without stripping after being finished with LOTOSIL BHB ranges, is easily miscible with water in all proportions, and is very effective on Knits and Woven. The product is also easily miscible with water in all proportions, suitable by exhaust and Pad application techniques apart from being compliant to GOTS.

Business

Cosmo films ltd. Elevates Pankaj Poddar as the group CEO

Oct 5, 2021 by Rekha Nair 0 Comments #Chairman & Managing Director, #Cosmo Films Ltd., #Mr. Ashok Jaipuria, #Mr. Pankaj Poddar

New Delhi: Cosmo Films Ltd. today announced the appointment of Mr. Pankaj Poddar as the Group CEO to head the newly launched and fast growing consumer business ZIGLY alongside trade verticals including Films, Labelling & Packaging, Specialty Chemicals, Ferrites, Masterbatches and Textile Chemicals. The development came into effect immediately and in recognition of the growth the company witnessed under Mr. Poddar’s leadership as CEO of the business.

With a career spanning over 26 years, Mr. Pankaj Poddar has held key leadership positions in the company across business units and verticals. As the Chief Financial Officer at Cosmo Films Ltd. in 2011, Pankaj was responsible for managing the financial operations in India as well as overseas. Since his appointment as the CEO in the year 2013 all verticals of Cosmo has witnessed year-on-year growth.

Speaking of the appointment, Mr. Ashok Jaipuria, Chairman & Managing Director, Cosmo Films Ltd. said, “Pankaj’s contribution is immense for the success of Cosmo as is visible in the last few years. R&D, Sales & Marketing competencies, expanded product range and focus on Speciality films have led to the achievement of record EBITDA and an all time high market capitalization. Pankaj has also played a key role in ensuring diversification from the Films business into Ferrites, Speciality Chemicals and Zigly. All of these will make a significant addition to all the parameters of the company – topline, bottomline and market valuations. He is a great asset to Cosmo with his focus, drive and implementation bringing in benefits to the company and its stakeholders.”

Commenting on his appointment, Mr. Pankaj Poddar said, “I am delighted to be elevated as the Group CEO. At this point of time Cosmo Films Ltd. is at the pivotal state of its growth with diversification into different sectors. Being a global leader in the films and packaging sector, we aim to be the preferred brand for Specialty Chemicals, Ferrites, Polymers & Pet care.”

Pankaj started his career with a 7-year stint at Ernst and Young before joining Reckitt Benckiser, Delphi Automotive and Avon Beauty in senior financial positions. He is a regular speaker at various packaging industry forums and sits on the board of the Organization of Plastic Processors of India, Plast India and IFCA.

Business

Cosmo films Ltd. Forays into petcare business with zigly, a digital-first omni-channel platform

Sep 10, 2021 by Rekha Nair 0 Comments #CEO, #Chairman & Managing Director of Cosmo Films Limited, #Cosmo Films Ltd., #Founder, #Mr. Ashok Jaipuria, #Mr. Pankaj Poddar

New Delhi: Cosmo Films Ltd. ventures into digital-first omni-channel pet care business with the launch of ZIGLY – India’s first tech-enabled integrated pet-care platform – through the launch of its website and the opening of its flagship experience center in New Delhi on 11th of September 2021. Born out of profound passion for furry buddies, ZIGLY is a premium pet care brand with the widest range of products and services to cover the lifetime journey of small animals and offer to be one-stop solution for all things pet.

Spread over an area of 6,000 sq. ft., the experience center is inbuilt with a retail area for wide ranging products including nutritional supplements and hygiene products, prescription medicines, treats and toys as well as accessories and, dedicated sections for grooming, spa and salon, consultation, pathology, vaccination and pet treatments. Aimed at providing skilled and professional pet care, the omni-channel business is also equipped with 15 veterinary doctors, 20 groomers with another 20 in the process of on boarding, 10 trainers with another 10 in the process of on boarding to make the pet-parenting journey delightful and affordable for pet families. With an objective to eventually evolve as a pet-care ecosystem, ZIGLY will also serve as a training platform for independent care-givers and provide opportunities for pet care specialists to retain a sustainable source of income.

“India is the fastest growing pet care market with home to about 20 million pet dogs and about 19 million other pets. The pandemic and Covid-19 restrictions have made people adopt more pets and the numbers are expected to grow with each passing month and year. We expect to grow and expand in the petcare vertical with the launch of ZIGLY”, says Mr. Ashok Jaipuria, Founder, Chairman & Managing Director of Cosmo Films Limited.

Speaking about the launch, Mr. Pankaj Poddar, CEO, Cosmo Films Ltd. said, “We are extremely delighted to launch India’s first omni-channel retail platform for all the fur parents. We know every parent is always looking to give their pets the best of everything and for the exact same reason we are bringing ZIGLY for all pet parents. Our goal is to offer pet parents the widest range of pet care products and services to give them an opportunity to choose from an amazing array of pet care options ranging from pet food and treats to grooming supplies, health care products and much more. We hope with our continuous effort and love for furry babies we will be able to offer the most wholesome experience for pet parents.”

Conceptualized to address some of the pressing issues prevailing in the pet care sector such as fragmented marketplace which makes it difficult to find and access services, lack of quality information and service providers for essential pet care services and low availability of breed specific information, products and services, ZIGLY comes with a promise of delivering highly specialized products and services to help pet families and new pet parents with their journey every step of the way.

Business

Q1FY22 Results – Cosmo Films Ltd. – beating its own best results once again

Aug 5, 2021 by Neel Achary 0 Comments #CEO, #Cosmo Films Ltd., #Mr. Pankaj Poddar

Cosmo Films – beating its own best results once again

In Rs. Crores

Q1 FY22

Q1 FY21

% Increase

Net Revenue

 688 481 43%

EBITDA

142

 93

53%

PBT

116

 66

76%

PAT

87

 47

85%
EPS (in Rs.)

(not annualized)

 48.6 24.8

96%

New Delhi, August 4th, 2021: Cosmo Films Limited, a Global Leader in Films for Packaging, Labelling, Lamination and Synthetic Paper and an emerging player in Specialty Chemicals and Polymers today declared its financial results for the quarter ended June 2021.

During Q1FY22, EBITDA has increased by 53% on account of higher speciality sales (20% growth), better operating margins and uptick performance by subsidiaries. This together with marginal reduction in overall tax rate led to an increase of 85% in PAT. Increase in EPS was still higher due to impact of buyback of shares in December 2020.

Expected capacity expansion (Specialized Polyester line), focus towards growing specialty sales, diversification into specialty chemicals, FMCG business & pet care would drive further growth in coming years.

Credit rating agency CRISIL has upgraded Company’s long-term credit rating during the quarter to AA- and short-term credit rating to A1+ with a stable outlook. The upgrade in credit rating reflects a strong financial profile as well as continuous growth of Cosmo Films in specialty films. 

Commenting on company’s performance Mr. Pankaj Poddar, CEO, Cosmo Films Ltd. said “The company is enhancing its specialty films portfolio and has launched multiple innovative products making the product pipeline even stronger. Sustainability is at our core, & Cosmo is continuously reducing its carbon footprint while helping brands on more sustainable packaging. Cosmo Specialty Chemicals, a subsidiary of Cosmo Films forayed into the Fast Moving Consumer Goods (FMCG) industry with the launch of ‘Fabritizer’, a product which assures 99.9% protection against viruses and bacteria on clothes. The company’s R&D has successfully completed the development of 20+ textile chemical products, each with specific USPs. Many of the textile chemicals products have already received prestigious GOTS approval as well as customer approvals while the commercial production will start in Q2FY22. 

We are also ready for pilot launch of pet care in Q2FY22 under the brand name “Zigly” which will be a unique value proposition with omni-channel presence for pet parents.”

Business World

Cosmo Films Ltd. Launches CSPR-2 (M) O BTC – A non-tearable and co-extruded 100% Opaque Synthetic Paper

May 12, 2021 by Neel Achary 0 Comments #CEO, #Cosmo Films Ltd., #Mr. Pankaj Poddar

Cosmo Films Ltd., a global leader in specialty films for flexible packaging, labeling, and lamination applications as well as synthetic paper introduces 100% Opaque Synthetic Paper (OSP) which is specially designed for a dangler application.

A non-tearable, co-extruded, white opaque, and on both sides matte coated film which resembles paper in appearance is best suited for outdoor applications where printing is done on both sides and requires 100% opacity. With remarkable moisture resistance, this white opaque paper yields superior ink adhesion and exceptional color reproducibility.

The mattress on both sides of the product makes it appear similar to paper and offers an excellent print quality and true color output. Its print receptive coating allows it to print on both sides by Conventional & UV offset, UV & water-based flexographic, thermal transfer, and screen & letterpress printing processes.

On the product launch, Mr. Pankaj Poddar, CEO, Cosmo Films Ltd. said,” With boundless uses in Commercial Printing, Retail & Packaging, Tags & Labels, Identification and Credentials, and Outdoor Displays and Signages, CSP can create a niche for itself as a weather-proof replacement for paper in applications where durability and longevity are desired. Cosmo Films Ltd. is the leading market player in India, and with this launch, we aim to grow in the Indian as well as international markets.”

Business World

Cosmo Films Launches BOPP Clear Thermal Lamination Film with Antimicrobial Properties

Sep 21, 2020 by Gouri Achary 0 Comments #antimicrobial technology, #BOPP Clear Thermal Lamination Film, #Cosmo Films Ltd., #Mr. Pankaj Poddar

New Delhi, 21st September 2020– Cosmo Films Ltd., a global leader in speciality films for packaging, lamination & labelling applications and synthetic paper, has developed a novel BOPP based clear thermal lamination antimicrobial film.

The antimicrobial technology used in this film tackles the globally growing problem of bacterial infections on packaged items, by providing a completely new approach of preventing microbial colonization on the surface. This antimicrobial film is effective against a broad range of bacteria, inhibits germ growth, and supports optimum hygiene. It also shows a positive effect against Staphylococcus aureus ATCC 6538 and Escherichia coli ATCC 8739 as per JIS Z 2801 certification.

The film has an extrusion coated surface with low temperature melting resin, which enables the easy lamination of the film on paper products by heat and pressure. This technology is safe, affordable, and can be easily replicated into all types of labels, flexible packaging solutions, and synthetic paper.

Cosmo’s antimicrobial technology is Eco-friendly, food-safe and human safe. It has excellent resistance to elongation & tear and excellent optical properties (gloss > 95). The film fibre has excellent tear bond strength with paper and a maximum lamination temperature in the range of 100-129 degree C. It can be used for a wide variety of applications such as Magazines, Books, Promotional Items, Textbooks, leaflets, cartons, diaries, Shopping Bags, and many more.

Speaking on the globally growing problem of bacterial infections, Mr. Pankaj Poddar, CEO, Cosmo Films said: “Amid this pandemic, we all are searching for ways to stay safe and healthy. Washing our hands continuously and disinfecting every product we touch to prevent the spread of bacteria have become part of our daily routine. Cosmo’s antimicrobial technology will prove to be effective against a broad range of bacteria.”

Business World

Cosmo Films launches Transparent Anti-fog Film for large packs for fresh fruits & vegetables

Aug 10, 2020 by Gouri Achary 0 Comments #Bi-axially oriented polypropylene (BOPP) based transparent film, #CEO, #Cosmo Films, #Cosmo Films Ltd., #Mr. Pankaj Poddar

New Delhi, 10th August 2020– Cosmo Films Ltd., a global leader in speciality films for flexible packaging, lamination & labelling applications and synthetic paper, recently introduced a Bi-axially oriented polypropylene (BOPP) based transparent film aptly suited for large packs and pouches used in the fresh food packaging Industry.

The newly launched transparent antifog film has excellent cold and hot antifogging property, superior fusion sealing strength of 1226-3498 g/inch, has an excellent hot tack ranging from 280 to 530 g/inch for a temperature range of 130-140 degree C and comes with a wide thickness rage of 25, 30 & 35µ.

The film is designed for varied applications like Food Packaging, Fresh vegetables, fruits and salad, meat products and dairy products.

Commenting on Cosmo Film’s commitment to consistently deliver products to meet industries expectations, Mr. Pankaj Poddar, CEO, Cosmo Films said: “Across our entire product portfolio, we intend to create thoughtfully designed products to meet the needs of the industries around the world. This film is designed to fit the growing fresh food packaging market with its antifog properties and exceptional seal strength.”