Financial Results - Standalone (Rs. in lacs)

Quarterly Performance:

  • Quarter Ended March 31, 2026: Net loss of ₹20.87 lakh
  • Quarter Ended December 25, 2025: Net loss of ₹15.04 lakh (unaudited)
  • Quarter Ended March 31, 2025: Net loss of ₹44.63 lakh

Annual Performance FY2026:

  • Total Income: ₹0.20 lakh (entirely from Other Income)
  • Revenue From Operations: Zero
  • Total Expenses: ₹40.72 lakh
  • Net Loss: ₹40.52 lakh
  • Earnings Per Share (Basic & Diluted): -₹0.04

Comparative Annual Performance FY2025:

  • Total Income: ₹88.19 lakh
  • Revenue From Operations: ₹57.61 lakh
  • Other Income: ₹30.58 lakh
  • Total Expenses: ₹138.48 lakh
  • Net Loss: ₹50.29 lakh
  • Earnings Per Share (Basic & Diluted): -₹5.24

Capital Structure Changes:

  • Paid-up equity share capital: Increased from ₹5,198.30 lakh (Dec 2025) to ₹9,134.33 lakh (Mar 2026)
  • Face Value: ₹10 per share
  • Other Equity: ₹56,692.89 lakh as of March 31, 2026

Financial Results - Consolidated (Rs. in lacs)

Quarterly Performance:

  • Quarter Ended March 31, 2026: Net loss of ₹114.09 lakh
  • Quarter Ended December 25, 2025: Net loss of ₹125.60 lakh (unaudited)

Annual Performance FY2026:

  • Total Income: ₹0.20 lakh
  • Revenue From Operations: Zero
  • Total Expenses: ₹367.34 lakh
  • Net Loss: ₹367.14 lakh
  • Earnings Per Share (Basic & Diluted): -₹0.40

Consolidated Entities:

The consolidated results include:

1. Cupid Breweries and Distilleries Limited (Holding Company)

2. Crochet Industries Private Limited (Subsidiary)

3. Rinpoche Spirits Private Limited (Subsidiary)

4. Brewing Wizards Private Limited (Step-down Subsidiary)

5. Forte Spirits Private Limited (Step-down Subsidiary)

6. Srilab Alcobev Private Limited (Step-down Subsidiary)

Significant Corporate Development

Preferential Allotment:

  • The company allotted 3,93,60,307 Equity Shares on March 03, 2026
  • Paid-up equity share capital increased from ₹51,98,30,020 to ₹91,34,33,090
  • These shares were listed and admitted to trading on BSE Limited with effect from April 02, 2026

Audit Opinion

Standalone Financials:

MMRS & Co., Chartered Accountants (FRN: 013830S) issued an unmodified opinion stating that the standalone financial results:

  • Are presented in accordance with Regulation 33 of SEBI Listing Regulations
  • Give a true and fair view in conformity with Ind AS recognition and measurement principles

Consolidated Financials:

The auditors issued an unmodified opinion on consolidated financial results, based on:

  • Their audit of the holding company
  • Reports of other auditors for subsidiaries and step-down subsidiaries
  • The consolidated results include total assets of ₹73,623.72 lakh as at March 31, 2026

Cash Flow Statements

Standalone Cash Flows (FY2026):

  • Operating Activities: Net cash outflow of ₹63.63 lakh
  • Investing Activities: Net cash outflow of ₹66,036.85 lakh
  • Financing Activities: Net cash inflow of ₹66,100.19 lakh
  • Net change in cash: Decrease of ₹0.29 lakh
  • Closing cash balance: ₹2.07 lakh

Consolidated Cash Flows (FY2026):

  • Operating Activities: Net cash outflow of ₹1,770.81 lakh
  • Investing Activities: Net cash outflow of ₹59,864.63 lakh
  • Financing Activities: Net cash inflow of ₹61,631.80 lakh
  • Net change in cash: Decrease of ₹3.65 lakh
  • Closing cash balance: ₹4.90 lakh

Additional Information

  • Results reviewed by Audit Committee and approved by Board of Directors on May 18, 2026
  • Company has only one business segment
  • Figures rounded off to nearest two decimal places
  • Previous period/year figures have been re-grouped/re-arranged where necessary
  • Financial results disseminated on company website