Cupid Limited

Cupid Limited concluded a record fiscal year 2026, reporting ₹391.40 Cr in revenue, a 93% year-over-year increase, and a net profit of ₹108.23 Cr, up 165% YoY. The company surpassed its annual guidance and strategically invested ₹331.53 Cr in Baazar Style Retail to expand its fast-moving consumer goods distribution network, targeting ₹150 Cr in incremental revenue for the next fiscal year. Cupid continues to expand its manufacturing capacity and maintains a significant export presence, contributing 59.3% of revenue, while also developing nitrile female condoms and receiving CE EU IVDR certification for diagnostic kits. The company received an administrative warning from SEBI regarding a disclosure related to a cancelled preferential issue, which is not expected to have a material financial impact.