Cupid Ltd

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.

Cupid has made the payment of Rs 82.88 crore, representing 25% of its total planned investment of Rs 331.53 crore in Baazar Style Retail (Style Baazar). Pursuant to this, the Company has been allotted 1,01,00,000 warrants, convertible into equity shares of Style Baazar. This investment provides Cupid with direct access to a large and rapidly expanding retail network of 260+ stores, significantly strengthening market access, shelf visibility, and last-mile reach for its FMCG product portfolio. The partnership enables immediate availability of Cupid's products across Style Baazar stores, enhancing in-store presence and consumer engagement from the outset. The collaboration is also expected to support faster rollout of Cupid's expanded product portfolio, leveraging Style Baazar's strong store-level execution capabilities and consumer insights. This will enable deeper penetration across high-potential regional markets with improved speed and efficiency.

The stock had surged 15.42% over the previous two trading sessions. Despite the decline, Cupid remains up 10.60% over the past three months and has rallied 116.79% in the last six months. The company recently announced a 4:1 bonus issue, under which shareholders received four additional shares for every one share held. The record date for determining eligible shareholders was 9 March 2026. Cupid is an India's premier manufacturer and brand of male and female condoms, water based personal lubricants, IVD kits, deodorants, perfumes, almond hair oil, body oils, petroleum jelly and other FMCG Products. The company operates with a strong commitment to public health and well-being, maintaining ethical business practices aligned with international standards. The company reported a 196.29% surge in consolidated net profit to Rs 32.83 crore, while revenue from operations jumped 101.70% YoY to Rs 93.49 crore in Q3 December 2025. Powered by Capital Market - Live

Apollo Pipes Ltd, Wealth First Portfolio Managers Ltd, R Systems International Ltd and A-1 Ltd are among the other gainers in the BSE's 'B' group today, 09 March 2026.Cupid Ltd soared 12.31% to Rs 90.3 at 09-Mar-2026 EOD IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 48.88 lakh shares were traded on the counter so far as against the average daily volumes of 2.92 lakh shares in the past one month. Apollo Pipes Ltd spiked 11.73% to Rs 389.6. The stock was the second biggest gainer in 'B' group. On the BSE, 90472 shares were traded on the counter so far as against the average daily volumes of 47398 shares in the past one month. Wealth First Portfolio Managers Ltd surged 10.55% to Rs 1006. The stock was the third biggest gainer in 'B' group. On the BSE, 70 shares were traded on the counter so far as against the average daily volumes of 122 shares in the past one month. R Systems International Ltd exploded 10.02% to Rs 283.9. The stock was the fourth biggest gainer in 'B' group. On the BSE, 15.18 lakh shares were traded on the counter so far as against the average daily volumes of 7108 shares in the past one month. A-1 Ltd advanced 9.96% to Rs 22.63. The stock was the fifth biggest gainer in 'B' group. On the BSE, 12.81 lakh shares were traded on the counter so far as against the average daily volumes of 15.55 lakh shares in the past one month. Powered by Capital Market - Live