The shares of one of many largest producers of Mn-Zn-based Tender Ferrite cores used within the Energy Electronics Trade hit a 5 p.c higher circuit because the Authorities imposed Anti-Dumping Responsibility on “Tender Ferrite Cores” originating in or exported from China.
Value Motion
The shares of Cosmo Ferrites Ltd, with a complete market capitalization of Rs 262.86 Crore on Wednesday, reached an Intraday excessive at Rs 218.5 per share, hitting a 5 p.c Higher Circuit in as we speak’s commerce.
The shares of Cosmo Ferrites Ltd have generated a return of 12 p.c up to now yr, and a powerful return of 6,072 p.c up to now 5 years.
What Occurred
The corporate introduced, in an change submitting dated March 19, 2025, that the Directorate Common of Commerce Treatments (DGTR) has beforehand initiated an Anti-Dumping Investigation into imports of “Tender Ferrite Cores” from China. Following that, the official authorities Gazette introduced on March 18, 2025, about imposing an anti-dumping obligation of as much as 35 p.c on such imports.
The corporate expects this transfer to enhance native capability utilization and working margins, because it reduces competitors from low-cost Chinese language imports, making a extra favorable market surroundings for home producers.
Financials
The corporate reported a rise of 6 p.c YoY in Income from Operations from Rs 21.33 Crore in Q3FY24 to Rs 22.61 Crore in Q3FY25. Its Web loss was additionally diminished from Rs 1.39 Crore to Rs 0.45 Crore over the identical interval.
Shoppers
The corporate has a powerful shopper base consisting of corporations like Dixon, Philips, Havells, Bosch, Syrma, Schaffner, BHEL, ITI Ltd, BEL, ABB and extra.
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Product Vary and Market Segments
The product vary of the corporate includes of MnZn Ferrite Parts (EE, EC, ETD, EER, EI, EFC, UU, TOROIDS, EP, RM, PQ, Pot, Planar, PTS, I Bar, EFF, EVD and EED) and Pre-Calcined Ferrite Powder.
The corporate caters to various segments like Automotive, Photo voltaic, Industrial Electronics, EV, Lighting, and so forth.
About Cosmo Ferrites Restricted
Cosmo Ferrites Restricted is likely one of the largest producers of Mn-Zn-based Tender Ferrite cores used within the Energy Electronics Trade. It has a capability of three,600 tons in Ferrites Powder and three,900 Tons in Ferrites Part. The corporate has a major world presence in nations like Europe, the USA, the UK, New Zealand, Israel, Thailand, China, Sri Lanka, Turkey, and so forth.
Written By Adhvaitha Nayani
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