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

When is the next results date for Cupid?

No Upcoming Board Meetings

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.

Are Cupid Ltd latest results good or bad?

Cupid Ltd's Q2 FY26 results are strong, with a net profit of ₹24.13 crores (up 140.34% year-on-year) and revenue growth of 103.25%, indicating effective cost management and improved profitability. However, the company's high valuation relative to earnings may raise long-term sustainability concerns.

Cupid Ltd's latest results for Q2 FY26 are quite impressive, showcasing strong growth and profitability. The company reported a net profit of ₹24.13 crores, which marks a significant year-on-year increase of 140.34%. Revenue also saw a remarkable growth of 103.25% year-on-year, reaching ₹84.45 crores, and a sequential increase of 41.22% compared to the previous quarter.<BR><BR>The operating margin improved to 33.64%, reflecting a substantial expansion from the same quarter last year. This indicates that Cupid is effectively managing its costs while capitalizing on increased sales. The net profit margin for the quarter stood at 28.57%, up from 24.16% in the previous year, further demonstrating the company's ability to convert revenue growth into profit.<BR><BR>Overall, these results suggest that Cupid Ltd is performing well, with strong operational momentum and improved profitability metrics. However, it's important to note that the company's valuation is currently considered very high relative to its earnings, which may raise concerns about sustainability in the long term. Nonetheless, the recent performance is undoubtedly positive.

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.

Should I buy, sell or hold Cupid Ltd?

Why is Cupid Ltd falling/rising?

As of 17-Mar, Cupid Ltd's stock price is rising to 79.30, driven by strong financial performance, including a 36.05% increase in net profit and a 3.93% total return over the last two days. The company has also outperformed its sector and generated a 529.37% return over the past year, indicating robust investor confidence.

As of 17-Mar, Cupid Ltd's stock price is rising, currently at 79.30, with a change of 0.55 (0.7%) upwards. This increase can be attributed to several factors. Firstly, the stock has been gaining for the last two days, with a total return of 3.93% during this period, indicating positive momentum. Additionally, the company has reported strong financial performance, including a significant growth in net profit of 36.05% and outstanding results over the last three consecutive quarters. The highest net sales recorded at Rs 93.50 crore and a substantial growth in profit before tax (PBT) further support the positive outlook.<BR><BR>Moreover, Cupid Ltd has outperformed the sector today by 0.95%, which reflects investor confidence despite a recent decline in delivery volume, which has fallen by 58.55% against the 5-day average. The stock's long-term performance is also noteworthy, having generated an impressive 529.37% return over the past year and outperforming the BSE500 index over various time frames. With a low debt-to-equity ratio and a significant market capitalization of Rs 10,589 crore, Cupid Ltd remains a dominant player in its sector, constituting 57.74% of the industry. These factors collectively contribute to the stock's rising price.

Why is Cupid Ltd falling/rising?

As of 18-Mar, Cupid Ltd's stock price is stable at 79.30, but it has seen a year-to-date decline of 23.46%. Despite strong long-term growth, recent trends indicate a cautious short-term outlook due to declining investor participation and mixed momentum indicators.

As of 18-Mar, Cupid Ltd's stock price is currently stable at 79.30, showing no change (0.00%). However, the stock has experienced a significant decline in recent periods, with a year-to-date drop of 23.46% compared to a 9.99% decline in the benchmark index. Over the past week, the stock has fallen by 8.85%, while the benchmark has only decreased by 0.21%. <BR><BR>Despite these short-term declines, Cupid Ltd has demonstrated remarkable long-term performance, with a staggering increase of 527.87% over the past year and an impressive 3166.06% rise over the last three years. This long-term growth is supported by consistent positive financial results, including a 36.05% growth in net profit and record high quarterly net sales of Rs 93.50 crore.<BR><BR>However, the stock is currently underperforming its sector by 0.8% today, and there is a noticeable decline in investor participation, with delivery volume falling by 28.91% compared to the five-day average. Additionally, while the stock is trading above its 100-day and 200-day moving averages, it is below its 5-day, 20-day, and 50-day moving averages, indicating mixed short-term momentum.<BR><BR>Overall, while Cupid Ltd has a strong historical performance and solid fundamentals, recent trends in stock price and investor participation suggest a cautious outlook in the short term.

Why is Cupid Ltd falling/rising?

As of 19-Mar, Cupid Ltd's stock price is falling, currently at 78.75, reflecting a decrease of 0.69%. This decline is due to underperformance against the benchmark Sensex, reduced investor participation, and mixed moving averages, despite strong financial results.

As of 19-Mar, Cupid Ltd's stock price is falling, currently at 78.75, reflecting a decrease of 0.55 or 0.69%. This decline can be attributed to several factors highlighted in the source data. Over the past week, the stock has underperformed the benchmark Sensex, with a drop of 2.54% compared to the Sensex's decline of 2.40%. Additionally, the stock has shown a significant year-to-date decrease of 23.99%, while the Sensex has only fallen by 12.92%.<BR><BR>Today's performance indicates that Cupid Ltd has underperformed its sector by 0.31%. Furthermore, there has been a notable drop in investor participation, with delivery volume on March 18 falling by 63.59% against the five-day average. This reduced trading activity suggests a lack of investor confidence, contributing to the stock's downward movement.<BR><BR>Despite the company reporting strong financial results, including a 36.05% growth in net profit and a significant increase in both PAT and net sales, the stock's recent performance and declining investor interest have overshadowed these positive indicators. The moving averages also reflect a mixed picture, as the stock is higher than the 100-day and 200-day moving averages but lower than the 5-day, 20-day, and 50-day moving averages, indicating potential short-term weakness.<BR><BR>In summary, the combination of underperformance relative to the market, declining investor participation, and mixed moving averages are key factors contributing to the falling stock price of Cupid Ltd.

Why is Cupid Ltd falling/rising?

As of 20-Mar, Cupid Ltd's stock price is rising to 79.40, driven by strong financial results, including a 36.05% net profit growth and a 527.67% return over the past year. Despite some mixed performance indicators, the company's low debt-to-equity ratio and substantial market cap support its positive outlook.

As of 20-Mar, Cupid Ltd's stock price is rising, currently at 79.40, reflecting an increase of 0.65 (0.83%). This upward movement can be attributed to several positive factors despite some mixed performance indicators. <BR><BR>The company has demonstrated strong financial results, with a notable growth in net profit of 36.05% and outstanding results declared for the last three consecutive quarters. Specifically, the profit before tax (PBT) less other income for the most recent quarter has grown by 108.6% compared to the previous four-quarter average, and net sales reached their highest at Rs 93.50 crore. Additionally, the stock has generated an impressive return of 527.67% over the past year, significantly outperforming the broader market, which saw returns of only 0.76%.<BR><BR>Moreover, Cupid Ltd maintains a low debt-to-equity ratio, which is favorable for investors, and it holds a substantial market cap of Rs 10,589 crore, making it the largest company in its sector and constituting 57.75% of the entire sector. <BR><BR>However, it is important to note that the stock has underperformed its sector by 0.38% today and has experienced a decline in investor participation, with delivery volume falling by 46.64% against the five-day average. Despite these challenges, the overall strong financial performance and market position contribute to the current rise in stock price.

Why is Cupid Ltd falling/rising?

As of 23-Mar, Cupid Ltd's stock price is rising to 80.15, driven by strong financial performance, including a 36.05% increase in net profit and a 112.7% rise in profit after tax. Despite a drop in investor participation, the stock's robust operational results and significant long-term gains support its upward trend.

As of 23-Mar, Cupid Ltd's stock price is rising, currently at 80.15, with a change of 0.6 (0.75%) increase. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 1.62% today and has experienced consecutive gains over the last two days, accumulating a total return of 1.84% during this period. <BR><BR>Moreover, the company has shown strong financial performance, with a significant growth in net profit of 36.05% and a remarkable increase in profit after tax (PAT) of 112.7% compared to the previous four-quarter average. The net sales have also grown by 51.4%, indicating robust operational performance. <BR><BR>Despite a decline in investor participation, as evidenced by a 31.64% drop in delivery volume compared to the five-day average, the stock remains liquid enough for trading, which may help sustain its price. Additionally, Cupid Ltd has demonstrated exceptional long-term performance, with a staggering 515.02% return over the past year, significantly outperforming the broader market, which has seen negative returns.<BR><BR>Overall, the combination of positive financial results, recent price gains, and market-beating performance contributes to the rising stock price of Cupid Ltd.

Why is Cupid Ltd falling/rising?

As of 24-Mar, Cupid Ltd's stock price is rising to 80.70, driven by strong financial performance, including a 36.05% net profit growth and record high net sales. Despite a decline in investor participation, the company has significantly outperformed the broader market, achieving a 502.24% return over the past year.

As of 24-Mar, Cupid Ltd's stock price is rising, currently at 80.70, with a change of 0.55 (0.69%) increase. This upward movement can be attributed to several factors. Notably, the stock has been gaining for the last three days, with a total return of 2.48% during this period. Additionally, the company has demonstrated strong financial performance, reporting a significant growth in net profit of 36.05% and achieving record high net sales of Rs 93.50 crore in the last quarter. <BR><BR>Despite a challenging market environment, where the broader index (BSE500) has experienced negative returns of -2.67% over the past year, Cupid Ltd has managed to outperform with an impressive return of 502.24% in the same timeframe. This performance is further supported by the company's low debt-to-equity ratio and its status as the largest company in its sector, constituting 58.57% of the entire sector's market cap. <BR><BR>However, it is important to note that there has been a decline in investor participation, as indicated by a 19.63% drop in delivery volume compared to the five-day average. Despite this, the overall positive financial results and the stock's recent gains contribute to its rising price.

Why is Cupid Ltd falling/rising?

As of 25-Mar, Cupid Ltd's stock price is rising to 80.70, driven by strong financial results and increased investor interest, with a notable 36.05% net profit growth and a significant rise in delivery volume. The stock has outperformed the broader market, achieving a remarkable return of 518.11% over the past year.

As of 25-Mar, Cupid Ltd's stock price is rising, currently at 80.70, with a change of 0.25 (0.31%) upwards. This increase can be attributed to several positive factors. The stock has been gaining for the last four consecutive days, yielding a total return of 2.48% during this period. Additionally, the stock's delivery volume has seen a significant rise of 44.37% compared to its 5-day average, indicating increased investor participation and interest.<BR><BR>Moreover, Cupid Ltd has reported outstanding financial results, with a net profit growth of 36.05% and record high figures in net sales, PBDIT, and PBT for the most recent quarter. This consistent performance over the last three quarters has contributed to a strong market position, allowing the stock to outperform the broader market, which has seen negative returns. Specifically, while the BSE500 index has generated a negative return of -0.34% over the past year, Cupid Ltd has achieved an impressive return of 518.11%.<BR><BR>The company's low debt-to-equity ratio and its significant market capitalization of Rs 10,851 crore, representing 58.42% of its sector, further bolster investor confidence. Overall, these factors collectively support the stock's upward movement in price.

Which are the latest news on Cupid?