About
Cupid Limited designs, manufactures, markets, and exports male and female condoms in India. The company offers water based lubricant jellies; in vitro diagnostic kits, including rapid diagnostic, viral transport medium, typhoid antibody, syphilis antibody, HIV 1 and 2 kit antibody, dengue IgG/IgM, malaria Pf-Pv and Pf-PAN antigen, hepatitis B (HbsAg) antigen, hepatitis C (HCV) antibody, pregnancy detection testing kit, LH ovulation testing kit, and dengue NS1 testing kit; and personal care products including deodorants, perfumes, toilet sanitizers, menstrual cups, petroleum jelly, hair and body oils, and hair removal sprays. It also exports its products to countries in Africa, Europe, Asia-Pacific, North America, Middle East, and South America. The company was formerly known as Cupid Condom Limited and changed its name to Cupid Limited in January 2006. The company was incorporated in 1993 and is based in Nashik, India.
Key Metrics
as of Sep 2026Market Cap38,074 Cr
P/E277.00
Div Yield0.00 %
Book Value₹3.35
52w High₹299.00
52w Low₹32.80
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Dec 2021 | Sep 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 155.00 | 120.00 | 94.00 | 84.00 | 60.00 | 56.00 | 46.00 | 42.00 | 39.00 | 63.00 | 40.00 | 37.00 | 34.00 |
| Expenses | 95.00 | 82.00 | 59.00 | 56.00 | 43.00 | 43.00 | 35.00 | 31.00 | 32.00 | 32.00 | 28.00 | 33.00 | 27.00 |
| Operating Profit | 60.00 | 38.00 | 34.00 | 28.00 | 16.00 | 13.00 | 11.00 | 10.00 | 7.00 | 31.00 | 12.00 | 4.00 | 7.00 |
| OPM % | 39.00 | 31.00 | 37.00 | 34.00 | 28.00 | 24.00 | 25.00 | 25.00 | 17.00 | 49.00 | 30.00 | 12.00 | 20.00 |
| Other Income | 2.00 | 12.00 | 11.00 | 6.00 | 5.00 | 5.00 | 4.00 | 6.00 | 5.00 | 3.00 | 1.00 | 0.00 | 0.00 |
| Depreciation | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Interest | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 1.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 60.00 | 47.00 | 43.00 | 32.00 | 20.00 | 16.00 | 14.00 | 14.00 | 11.00 | 32.00 | 12.00 | 4.00 | 6.00 |
| Tax % | 26.00 | 24.00 | 24.00 | 25.00 | 23.00 | 28.00 | 21.00 | 29.00 | 22.00 | 26.00 | 24.00 | 32.00 | 24.00 |
| Net Profit | 44.00 | 36.00 | 33.00 | 24.00 | 15.00 | 12.00 | 11.00 | 10.00 | 8.00 | 24.00 | 9.00 | 2.00 | 4.00 |
| EPS in Rs | 0.33 | 0.27 | 0.24 | 0.18 | 0.11 | 0.09 | 0.08 | 0.07 | 0.06 | 0.18 | 0.07 | 0.02 | 0.03 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2021 |
|---|---|---|---|---|
| Sales | 358.00 | 183.00 | 172.00 | 149.00 |
| Expenses | 239.00 | 141.00 | 121.00 | 108.00 |
| Operating Profit | 119.00 | 42.00 | 51.00 | 41.00 |
| OPM % | 33.00 | 23.00 | 30.00 | 28.00 |
| Other Income | 32.00 | 19.00 | 7.00 | 0.00 |
| Interest | 3.00 | 2.00 | 2.00 | 0.00 |
| Depreciation | 5.00 | 4.00 | 3.00 | 3.00 |
| Profit before tax | 142.00 | 55.00 | 53.00 | 38.00 |
| Tax % | 24.00 | 25.00 | 24.00 | 24.00 |
| Net Profit | 108.00 | 41.00 | 40.00 | 29.00 |
| EPS in Rs | 0.80 | 0.30 | 0.30 | 0.22 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 21.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2021 |
|---|---|---|---|---|
| Equity Capital | 134.00 | 27.00 | 13.00 | 13.00 |
| Reserves | 316.00 | 315.00 | 288.00 | 118.00 |
| Borrowings | 56.00 | 19.00 | 12.00 | 0.00 |
| Other Liabilities | 46.00 | 11.00 | 7.00 | 22.00 |
| Total Liabilities | 553.00 | 372.00 | 320.00 | 152.00 |
| Fixed Assets | 67.00 | 67.00 | 58.00 | 29.00 |
| CWIP | 25.00 | 6.00 | 0.00 | 1.00 |
| Investments | 75.00 | 103.00 | 147.00 | 48.00 |
| Other Assets | 386.00 | 196.00 | 114.00 | 74.00 |
| Total Assets | 553.00 | 372.00 | 320.00 | 152.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2021 |
|---|---|---|---|---|
| Cash from Operating Activity | 46.00 | -11.00 | 8.00 | 42.00 |
| Cash from Investing Activity | 28.00 | 45.00 | -80.00 | -9.00 |
| Cash from Financing Activity | 35.00 | -1.00 | 99.00 | -33.00 |
| Net Cash Flow | 110.00 | 32.00 | 27.00 | 0.00 |
| Free Cash Flow | 21.00 | -31.00 | -17.00 | 38.00 |
| CFO/OP % | 66.00 | 5.00 | 41.00 | 125.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2021 |
|---|---|---|---|---|
| Debtor Days | 103.00 | 134.00 | 102.00 | 62.00 |
| Inventory Days | 350.00 | 450.00 | 184.00 | 100.00 |
| Days Payable | 153.00 | 13.00 | 1.00 | 73.00 |
| Cash Conversion Cycle | 301.00 | 570.00 | 285.00 | 89.00 |
| Working Capital Days | 119.00 | 210.00 | 123.00 | 200.00 |
| ROCE % | 34.00 | 17.00 | — | — |
Corporate Actions
25 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Bonus | 09 Mar 2026 | 09 Mar 2026 | 4:1 | — | |
| Bonus | 04 Apr 2024 | 04 Apr 2024 | 1:1 | — | |
| Split | 04 Apr 2024 | 04 Apr 2024 | 10:1 | — | |
| Dividend | 18 Sep 2023 | 18 Sep 2023 | — | 3.00 | |
| Dividend | 24 Nov 2022 | 24 Nov 2022 | — | 2.00 | |
| Dividend | 19 Sep 2022 | 20 Sep 2022 | — | 3.50 | |
| Dividend | 25 Nov 2021 | 26 Nov 2021 | — | 1.00 | |
| Dividend | 17 Sep 2021 | — | — | 3.50 | |
| Other | 17 Dec 2020 | — | — | — | Annual General Meeting |
| Dividend | 19 Nov 2020 | 20 Nov 2020 | — | 1.00 | |
| Dividend | 16 Mar 2020 | 17 Mar 2020 | — | 3.50 | |
| Dividend | 21 Nov 2019 | 22 Nov 2019 | — | 1.00 | |
| Dividend | 19 Sep 2019 | — | — | 3.00 | |
| Dividend | 19 Nov 2018 | 20 Nov 2018 | — | 1.00 | |
| Bonus | 11 Oct 2018 | 12 Oct 2018 | 1:5 | — | |
| Dividend | 18 Sep 2018 | — | — | 0.50 | NSE/BSE dividend mismatch: BSE/NSE=2.0; BSE/NSE=0.5 |
| Dividend | 18 Sep 2018 | — | — | 2.00 | NSE/BSE dividend mismatch: BSE/NSE=2.0; BSE/NSE=0.5 |
| Dividend | 17 Nov 2017 | 20 Nov 2017 | — | 2.00 | |
| Dividend | 29 Aug 2017 | — | — | 2.00 | |
| Dividend | 08 Nov 2016 | 09 Nov 2016 | — | 1.00 | |
| Dividend | 08 Aug 2016 | 09 Aug 2016 | — | 1.00 | |
| Dividend | 17 Mar 2016 | 18 Mar 2016 | — | 2.00 | |
| Dividend | 13 Nov 2015 | 16 Nov 2015 | — | 1.00 | |
| Dividend | 16 Sep 2015 | — | — | 0.50 | |
| Dividend | 03 Feb 2015 | 04 Feb 2015 | — | 1.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Conference Calls
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