- Business
- Cosmo Ferrites Limited manufactures and exports manganese-zinc (Mn-Zn) soft ferrite cores and pre-calcined ferrite powder for power electronics applications; core products include E, EFD, EP, EPC, ER, ETD, I, planar, PM, POT, PQ, PTS, RM, ROD, Toroid, U, UR, EC, EI, EV, ET, and UT cores serving lighting ballasts, electric vehicles, automotive, solar inverters, EMI/EMC filters, welding machines, power conditioning units, energy meters, medical equipment, induction heating systems, railways, inductive proximity switches, and telecommunications; the company operates a state-of-the-art production facility with 3,600 metric tons annual capacity in Jabl, Himachal Pradesh, India, near the Himalayas, equipped with German and Taiwanese machinery and supported by over 300 employees and in-house R&D. Established in 1986 as part of the Cosmo Group founded by Ashok Jaipuria and headquartered at 517, 5th Floor, DLF Tower A, Jasola District Centre, New Delhi, India, Cosmo Ferrites holds ISO 9001:2015, ISO 14001:2015, IATF 16949 certifications, complies with RoHS and EU standards, and UL94 V-0 epoxy coatings; it ranks as India's largest soft ferrites producer by capacity, exporting to over 50 countries including the United Kingdom, Europe, United States, New Zealand, Israel, Turkey, Thailand, Malaysia, China, and Sri Lanka while maintaining strong domestic market leadership. Recent developments include government imposition of a 35% anti-dumping duty on Chinese ferrite imports in May 2025 to protect local producers, plans for production automation and overhead reductions to enhance margins, development of new automotive-grade products advancing toward export approvals, appointment of DMK Associates as secretarial auditor for five years, and filing of annual secretarial compliance for fiscal year ended March 31, 2025; the company reported FY25 audited net loss of Rs 5.66 crore with revenue of Rs 85.66 crore, alongside quarterly fluctuations including a Rs 0.57 crore net loss in Q2 FY26 with 19% sales growth to Rs 25.30 crore.