Cupid

how big is Cupid?

As of October 2023, Cupid Ltd has a market capitalization of 2,904.81 Cr, with recent net sales of 207.28 Cr and net profit of 56.31 Cr over the last four quarters. Shareholder's funds stand at 301.29 Cr, and total assets are 319.94 Cr.

Market Cap: Cupid Ltd has a market capitalization of 2,904.81 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 207.28 Cr, and the sum of Net Profit for the latest 4 quarters is 56.31 Cr. This data is Consolidated.<BR><BR>Balance Sheet Snapshot: This is Standalone data for the latest annual period ending in March 2024. Shareholder's Funds are reported at 301.29 Cr, and Total Assets amount to 319.94 Cr.

What does Cupid do?

Cupid Ltd is a small-cap manufacturer and supplier of male and female condoms, incorporated in 1993 and listed on the Bombay Stock Exchange. As of March 2025, it reported net sales of 56 Cr and a net profit of 12 Cr, with a market cap of Rs 2,909 Cr.

Overview: <BR>Cupid Ltd is a leading manufacturer and supplier of quality Male and Female Condoms, operating in the FMCG industry within the small-cap market.<BR><BR>History: <BR>Cupid Ltd was incorporated in February 1993 as 'Cupid Rubbers Limited' and was listed on the Bombay Stock Exchange in 1995. The company underwent several name changes, becoming "Cupid Condom Limited" in December 2003 and finally "Cupid Limited" in January 2006. The latest quarterly results reported net sales and net profit for March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 56 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 12 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 2,909 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 73.00 <BR>Industry P/E: 34 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.75 <BR>Return on Equity: 18.22% <BR>Price to Book: 13.28<BR><BR>Contact Details: <BR>Address: A-68 MIDC Sinnar, Melegaon Nashik Maharashtra : 422113 <BR>Tel: 91-2551-230280/230772 <BR>Email: corporateteaccounts@cupidlimited.co <BR>Website: http://www.cupidlimited.com

Has Cupid declared dividend?

Cupid Ltd has declared a 30% dividend, amounting to 3 per share, with an ex-date of September 18, 2023. Despite a reported dividend yield of 0%, the company has shown strong total returns across various periods, including a 31.89% total return over the last 6 months and 1258.41% over the past 5 years.

Cupid Ltd has declared a 30% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 30%<BR>- Amount per share: 3<BR>- Ex-date: Sep-18-2023<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, Cupid Ltd achieved a price return of 31.89% with a dividend return of 0%, resulting in a total return of 31.89%.<BR><BR>Over the past year, the company recorded a price return of 15.31% and a dividend return of 0%, leading to a total return of 15.31%.<BR><BR>In the 2-year period, Cupid Ltd experienced a significant price return of 789.62% alongside a dividend return of 23.01%, culminating in a total return of 812.63%.<BR><BR>For the 3-year period, the company reported an impressive price return of 826.3% with a dividend return of 81.34%, resulting in a total return of 907.64%.<BR><BR>In the last 4 years, Cupid Ltd saw a price return of 836.7% and a dividend return of 118.72%, achieving a total return of 955.42%.<BR><BR>Over the 5-year period, the company delivered a remarkable price return of 1125.2% with a dividend return of 133.21%, leading to a total return of 1258.41%.<BR><BR>Overall, Cupid Ltd has declared a dividend while maintaining strong total returns across various periods, indicating robust performance despite a reported dividend yield of 0%.

Who are the peers of the Cupid?

Cupid's peers include Hind. Unilever, ITC, Nestle India, Britannia Inds., Godrej Consumer, ADF Foods, Tasty Bite Eat., Prataap Snacks, Bajaj Consumer, and Parag Milk Foods, with varying management risks and capital structures. ADF Foods leads in 1-year returns at 26.59%, while Cupid's return is 18.52%.

Peers: Cupid's peers include Hind. Unilever, ITC, Nestle India, Britannia Inds., Godrej Consumer, ADF Foods, Tasty Bite Eat., Prataap Snacks, Bajaj Consumer, and Parag Milk Foods.<BR><BR>Quality Snapshot: Excellent management risk is observed at ITC, Nestle India, Britannia Inds., and Bajaj Consumer, while Good management risk is found at Hind. Unilever and Godrej Consumer. Average management risk is present at ADF Foods, Cupid, Tasty Bite Eat., Prataap Snacks, and Parag Milk Foods. All peers exhibit Below Average growth except for Nestle India, which has Average growth. The Capital Structure is Excellent for Hind. Unilever, ITC, Nestle India, Britannia Inds., Godrej Consumer, ADF Foods, and Bajaj Consumer, while Cupid, Tasty Bite Eat., and Prataap Snacks have Good Capital Structure, and Parag Milk Foods has Below Average Capital Structure.<BR><BR>Return Snapshot: ADF Foods has the highest 1-year return at 26.59%, while Bajaj Consumer has the lowest at -23.83%. Cupid's own 1-year return of 18.52% is higher than Bajaj Consumer's but lower than ADF Foods'. Additionally, Bajaj Consumer and Godrej Consumer have negative six-month returns.

Is Cupid overvalued or undervalued?

As of April 15, 2025, Cupid is considered very expensive with a PE ratio of 70.91 and an EV to EBITDA of 44.50, significantly higher than its peers like Pix Transmission and Apcotex Industries, indicating that its current valuation may not be justified despite its impressive long-term returns.

As of 15 April 2025, Cupid's valuation grade has moved from expensive to very expensive, indicating a significant increase in perceived overvaluation. The company is currently assessed as overvalued, with a PE ratio of 70.91, an EV to EBITDA of 44.50, and a PEG ratio of 27.90. These metrics suggest that the stock is trading at a premium compared to its earnings growth potential and operational performance.<BR><BR>In comparison to its peers, Cupid's valuation stands out starkly; for instance, Pix Transmission has a PE ratio of 19.3 and an EV to EBITDA of 13.43, while Apcotex Industries shows a PE of 36.51 and an EV to EBITDA of 16.84. This highlights the substantial gap in valuation multiples within the industry. Although Cupid has demonstrated impressive returns, particularly over the long term, its current valuation metrics suggest that it may not be justified given the performance of its peers.

Who are in the management team of Cupid?

As of March 2022, Cupid's management team includes Pradeep Kumar Jain and Jandhyala Lakshminarayana Sharma as Non-Executive Independent Directors, Kuldeep Halwasiya as Chairman, Aditya Halwasiya as Managing Director, and several Additional Directors including Rajinder Singh Loona, Thallapaka Venkateswara Rao, and Rajni Mishra, along with Saurabh V Karmase as Company Secretary.

As of March 2022, the management team of Cupid includes the following individuals:<BR><BR>1. Pradeep Kumar Jain - Non-Executive & Independent Director<BR>2. Jandhyala Lakshminarayana Sharma - Non-Executive & Independent Director<BR>3. Saurabh V Karmase - Company Secretary & Compliance Officer<BR>4. Kuldeep Halwasiya - Chairman & Additional Director<BR>5. Aditya Halwasiya - Managing Director & Additional Director<BR>6. Rajinder Singh Loona - Additional Director<BR>7. Thallapaka Venkateswara Rao - Additional Director<BR>8. Rajni Mishra - Additional Director<BR><BR>These members play various roles within the company's governance and management structure.

Who are the top shareholders of the Cupid?

The top shareholder of Cupid is Aditya Kumar Halwasiya, holding 29.53%. Non-institutional investors own 23.35%, with L7 Hitech Private Limited as the largest public shareholder at 4.26%, while foreign institutional investors hold 0.95% and mutual funds hold none.

The top shareholders of Cupid include Aditya Kumar Halwasiya, who is the promoter with the highest holding at 29.53%. The majority of the shareholding is held by non-institutional investors, with individual investors collectively holding 23.35%. Additionally, L7 Hitech Private Limited is the highest public shareholder, owning 4.26% of the shares. The company also has 10 foreign institutional investors (FIIs) holding a combined 0.95% of the shares, while mutual funds currently do not hold any shares in the company.

Is Cupid technically bullish or bearish?

As of November 6, 2025, the technical trend for Cupid has shifted to bullish, supported by strong indicators like a bullish MACD and moving averages, although caution is advised due to a bearish monthly RSI and mildly bearish KST.

As of 6 November 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and Bollinger Bands also indicate a bullish trend on both time frames. The daily moving averages are bullish, reinforcing the positive sentiment. However, the monthly RSI is bearish, and the KST shows a mildly bearish stance on both weekly and monthly charts, suggesting some caution. Overall, the bullish indicators outweigh the bearish signals, indicating a strong bullish sentiment in the market for Cupid.

How has been the historical performance of Cupid?

Cupid's historical performance shows steady growth in net sales and total operating income, increasing from 148.90 Cr in Mar'21 to 183.52 Cr in Mar'25, while operating profit peaked at 61.39 Cr in Mar'25. Despite challenges in operating efficiency and a decline in earnings per share from 21.72 to 1.52, the company demonstrated overall growth in profits and shareholder's funds.

Answer:<BR>Cupid's historical performance shows a steady increase in net sales, rising from 148.90 Cr in Mar'21 to 171.09 Cr in Mar'24, and reaching 183.52 Cr in Mar'25. The total operating income followed a similar trend, with values of 148.90 Cr, 171.09 Cr, and 183.52 Cr for the respective years. However, the operating profit (PBDIT) excluding other income peaked at 50.11 Cr in Mar'24 before declining to 41.73 Cr in Mar'25. Despite this drop, the overall operating profit (PBDIT) increased from 41.19 Cr in Mar'21 to 61.39 Cr in Mar'25, aided by a significant rise in other income from 0.00 Cr in Mar'21 to 19.66 Cr in Mar'25. Profit before tax also showed growth, moving from 38.20 Cr in Mar'21 to 54.86 Cr in Mar'25, while profit after tax increased from 28.98 Cr to 40.89 Cr over the same period. The earnings per share (EPS) demonstrated a decline from 21.72 in Mar'21 to 1.52 in Mar'25, reflecting changes in share capital and profit distribution. <BR><BR>In terms of balance sheet performance, total liabilities grew from 319.94 Cr in Mar'24 to 371.78 Cr in Mar'25, with total assets also increasing correspondingly. The company's shareholder's funds rose from 301.29 Cr to 342.19 Cr, indicating a strengthening equity position. Cash flow analysis reveals a net cash inflow of 32.00 Cr in Mar'25, up from 26.00 Cr in Mar'24, despite a negative cash flow from operating activities in Mar'25. Overall, Cupid's financial metrics indicate a mixed performance with growth in sales and profits, but challenges in operating efficiency and cash flow management. <BR><BR>Breakdown:<BR>Cupid's financial performance over the years reflects a consistent increase in net sales and total operating income, with figures rising from 148.90 Cr in Mar'21 to 183.52 Cr in Mar'25. Operating profit (PBDIT) showed fluctuations, peaking at 61.39 Cr in Mar'25, while profit before tax and profit after tax both demonstrated upward trends, reaching 54.86 Cr and 40.89 Cr respectively in Mar'25. The earnings per share saw a significant decline from 21.72 in Mar'21 to 1.52 in Mar'25, influenced by changes in share capital. On the balance sheet, total liabilities increased to 371.78 Cr, with total assets also rising, leading to a growth in shareholder's funds to 342.19 Cr. Cash flow analysis indicated a net inflow of 32.00 Cr in Mar'25, despite challenges in operating cash flow. Overall, Cupid's performance illustrates growth in revenue and profits, alongside some operational challenges.

What is the bonus history of Cupid?

Cupid's bonus history includes a 4:1 bonus announced for March 9, 2026, a 1:1 bonus issued on April 4, 2024, and a 1:5 bonus from October 12, 2018. These events demonstrate Cupid's commitment to rewarding shareholders with bonus shares.

Cupid has a notable bonus history with several key events. The most recent bonus issue announced is a 4:1 bonus, with both the record date and ex-date set for March 9, 2026. Prior to that, on April 4, 2024, Cupid issued a 1:1 bonus. Additionally, back on October 12, 2018, there was a 1:5 bonus issue, with the ex-date being October 11, 2018. This history reflects Cupid's approach to rewarding shareholders through bonus shares over the years.

When is the next results date for Cupid Ltd?

The next results date for Cupid Ltd is 15 May 2026.

The next results date for Cupid Ltd is scheduled for 15 May 2026.

Which are the latest news on Cupid?

Are Cupid Ltd latest results good or bad?

Cupid Ltd's Q4 FY26 results are very good, with a net profit increase of 215.03% year-over-year and revenue growth of 112.39%, marking the highest quarterly revenue in the company's history. However, the high P/E ratio of 194x compared to the industry average of 58x indicates the stock may be trading at a premium.

Cupid Ltd's latest results for Q4 FY26 can be considered very good, showcasing exceptional growth across multiple key metrics. The company reported a net profit of ₹36.26 crore, which is a remarkable increase of 215.03% year-over-year. Additionally, revenue grew by 112.39% year-over-year, reaching ₹119.96 crore, marking the highest quarterly revenue in the company's history.<BR><BR>The profit after tax margin also improved significantly, reaching 30.23%, an increase of 984 basis points compared to the previous year. This indicates strong operational efficiency and profitability. Furthermore, the company has maintained a zero-debt balance sheet, which enhances its financial stability and flexibility.<BR><BR>While the growth figures are impressive, it's worth noting that Cupid's P/E ratio stands at 194x, significantly higher than the industry average of 58x. This suggests that the stock is trading at a premium, which may raise concerns about future valuation sustainability. However, the operational performance and growth trajectory are outstanding, making the results largely positive overall.

Should I buy, sell or hold Cupid Ltd?

Why is Cupid Ltd falling/rising?

As of 16-May, Cupid Ltd's stock price is Rs 120.40, down 2.23%, due to underperformance against its sector, a trend reversal, and decreased investor participation. Despite strong long-term performance, current market sentiment is negative, contributing to the stock's decline.

As of 16-May, Cupid Ltd's stock price is falling, currently at Rs 120.40, which reflects a decrease of Rs 2.75 or 2.23%. This decline can be attributed to several factors highlighted in the data. Firstly, the stock has underperformed its sector by 0.84% today and has experienced a trend reversal after two consecutive days of gains. The stock reached an intraday low of Rs 119.45, marking a 3% drop, indicating a lack of upward momentum.<BR><BR>Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 20.58% compared to the five-day average. This decline in trading activity suggests reduced interest among investors, which can contribute to downward pressure on the stock price. Despite the company's strong performance in terms of net sales growth and profitability over the past quarters, the current market sentiment appears to be negative, as reflected in the stock's recent performance metrics. <BR><BR>Overall, while Cupid Ltd has shown impressive long-term returns, the immediate factors of underperformance against the sector, a recent trend reversal, and falling investor participation are driving the stock price down.