Cupid Ltd

Cupid Limited informed the BSE Limited and the National Stock Exchange of India Ltd that it received a certificate from Bigshare Services Private Limited, its Registrar and Share Transfer Agent, for the quarter ended September 30, 2026, in compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018.

Cupid Limited will close its trading window for all designated persons, including directors and their immediate relatives, from October 1, 2026, until 48 hours after the declaration of un-audited financial results for the quarter and half year ended September 30, 2026, in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Cupid Limited announced that its board of directors approved the conversion of up to 30,00,000 warrants into an equivalent number of Equity Shares of Baazar Style Retail Limited, at a predetermined price of Rs 328.25 per Equity Share. The conversion, which will occur in one or more tranches, is part of an initial investment of 1,01,00,000 warrants in Baazar Style made by Cupid Limited in January 2026, and will cost approximately Rs 73.86 crore. Cupid Limited stated that the strategic investment will strengthen its retail presence and expand consumer reach, leveraging Baazar Style’s network of over 283 stores to scale its FMCG product portfolio.

Cupid Limited announced that its board of directors has given in-principle approval to establish a manufacturing venture in South Africa with a South African partner to manufacture and supply male condoms and related products, with Cupid Limited proposing to hold up to 49% of the equity share capital.

Cupid Limited announced the appointment of Shri Keral Prasad Yadaw (DIN: 11894095) as an additional non-executive independent director, effective August 17, 2026, for a term of five years subject to shareholder approval, according to a regulatory filing. The appointment was approved by the company's board via circular resolution and will be included as an agenda item at the company’s 33rd Annual General Meeting.

Cupid Ltd share price slipped 0.11% to Rs 262.25. The Company's net profit jumped 21.76% to Rs 44.15 crore, while revenue from operations increased sharply by 28.98% to Rs 154.72 crore in Q2FY26 over Q1FY26. The market capitalization of Personal Care industry group stocks on BSE stood at Rs 3.69 lakh crore, advancing by 14.36%. It has inched up 0.13% over last one week and softened by 1.21% in last one month while the market capitalization of Cupid Ltd has edged up by 13.75% and 96.52% in the same period respectively. Profit before tax (PBT) of Cupid Ltd stood at Rs 59.92 crore in Q2 FY26, rallying 206.50% year-on-year, and surging by 26.28% quarter-on-quarter. EBITDA came in at Rs 58 crore, jumping 401.21% YoY and expanding by 127.25% sequentially. Total expenses rose by 14.61% to Rs 95.95 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 18.7 crore, tumbling by 64.67% YoY, while employee benefits expense was at Rs 8.56 crore, slipping by 2.84% YoY. For the TTM ended FY26, revenue from operations inched higher 7.27% to Rs 183.52 crore, while net profit saw a marginal increase of 2.61% to Rs 40.89 crore, compared to previous TTM. EBITDA surged by 4344% to Rs 22.07 crore, and PBT saw a minor gain of 4.34% to Rs 54.86 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 11.37 crore in FY26, as against Rs 7.84 crore in FY25. Cupid Ltd jumped 683.73% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 1.97% during the same period.

Cupid Limited will hold a board meeting on Friday, August 07, 2026, to consider and approve the un-audited financial results (standalone and consolidated) for the quarter ended June 30, 2026, which will be subject to a limited review by the company's statutory auditors; the trading window for the company has been closed from July 1, 2026, until 48 hours after the results are declared.

Cupid announced that its equity shares have been reclassified from BSE Group 'B' to BSE Group 'A' by the Bombay Stock Exchange (BSE) pursuant to the Exchange's periodic review of listed companies.

Net profit of Cupid rose 215.03% to Rs 36.26 crore in the quarter ended March 2026 as against Rs 11.51 crore during the previous quarter ended March 2025. Sales rose 112.39% to Rs 119.96 crore in the quarter ended March 2026 as against Rs 56.48 crore during the previous quarter ended March 2025. For the full year,net profit rose 164.69% to Rs 108.23 crore in the year ended March 2026 as against Rs 40.89 crore during the previous year ended March 2025. Sales rose 94.92% to Rs 357.71 crore in the year ended March 2026 as against Rs 183.52 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales119.9656.48 112 357.71183.52 95 OPM %31.2823.73 -32.6322.74 - PBDT48.7317.25 182 147.5959.34 149 PBT47.4516.00 197 142.4754.86 160 NP36.2611.51 215 108.2340.89 165 Powered by Capital Market - Live

Cupid will hold a meeting of the Board of Directors of the Company on 15 May 2026.