Cupid Ltd (CUPID) — shareholding pattern, promoter holding, financials and share price

About Cupid Ltd (CUPID)

Cupid Ltd operates in the Personal Care industry, within the Fast Moving Consumer Goods sector. It trades on the NSE as CUPID and on the BSE under scrip code 530843. Its ISIN is INE509F01029.

Established in 1993, CUPID Limited is India's premier manufacturer of male and female condoms, personal lubricant, and IVD kits. [1]

Cupid Limited manufactures and exports sexual wellness products (male and female condoms, water-based lubricants) and produces rapid IVD diagnostic kits while scaling a consumer FMCG portfolio across personal care, wellness, and fragrance categories; the company serves over 125 countries and holds WHO/UNFPA prequalification and CE/ISO certifications.

Q3 FY26 was reported as the company’s best quarter ever with consolidated revenue of ₹104.38 crore and net profit of ₹32.83 crore, reflecting Y-o-Y revenue growth of 101.7% and net profit growth of 196.3%, driven by record order book conversion and rising FMCG contribution.

Listed peers in Personal Care: Procter & Gamble Hygiene and Health Care Ltd, Gillette India Ltd, Emami Ltd, Honasa Consumer Ltd, Bajaj Consumer Care Ltd, Anondita Medicare Ltd.

Valuation & Returns

10 Jul 2026

At ₹212 a share on 10 Jul 2026, Cupid Ltd (CUPID) was valued at a price-to-earnings ratio of 263.39x against an industry P/E of 46.1x and a price-to-book of 83.31x on a book value of ₹2.54 per share as of Mar 2025. Solomo computes return on equity of 31.63% and return on capital employed of 40.22% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.

P/E
263.39x
Industry P/E
46.1x
P/B
83.31x
EPS (TTM)
₹0.8
Book value / share
₹2.54
ROE
31.63%
ROCE
40.22%
ROA
29.11%
Debt / equity
0.06x
Dividend yield
0%
EBITDA margin
42.05%
52-week range
₹21.97 – ₹225.9

Ratios are computed from filed results and the last recorded price. Not investment advice.

Financial Performance

Mar 2026

In the year ended Mar 2026, Cupid Ltd (CUPID) reported revenue of ₹358 crore, net profit of ₹108 crore and earnings per share of ₹0.8. That compares with revenue of ₹183 crore and net profit of ₹41 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.

In the quarter ended Mar 2026, revenue was ₹120 crore and net profit ₹36 crore (consolidated).

Consolidated annual results for Cupid Ltd (CUPID), Mar 2021 to Mar 2026. Revenue and net profit in ₹ crore; EPS in ₹ per share.
MetricMar 2021Mar 2024Mar 2025Mar 2026
Revenue (₹ cr)149172183358
Net profit (₹ cr)294041108
EPS (₹)0.220.30.30.8
Compound annual growth for Cupid Ltd (CUPID). Stock price CAGR is price return and excludes dividends.
Measure10Y5Y3Y1Y
Sales growth12.99%2.62%11.40%6.88%
Profit growth11.05%0.54%33.30%2.61%
Stock price CAGR57%142%334%711%

Ownership Summary

Jun 2026

As of Jun 2026, promoters hold 46.24% of Cupid Ltd (CUPID) (up 0.21 pp QoQ), foreign institutional investors (FII) hold 4.17% and domestic institutional investors (DII) hold 0.34%. Promoters have pledged 8% of their holding. Market capitalisation was ₹28,507 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.

Largest disclosed public shareholders in Jun 2026: INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRS 3.69%, SETU SECURITIES PVT LTD 3.6%, CLIFF TREXIM PRIVATE LIMITED 2.75%, VEENA GARG 2.64%, VAJRA MACHINERIES PRIVATE LIMITED 1.59%, MAJESTIC COMMERCIAL PRIVATE LIMITED 1.4%. Only stakes above the 1% disclosure threshold are named in filings.

QuarterPromoterPledgedFIIDIIPublic
Jun 202646.24%8%4.17%0.34%53.76%
Mar 202646.03%24.8%1.01%0.17%53.97%
Dec 202545.55%19%1.48%0.3%54.45%
Sep 202545.55%36.1%2.58%0.34%54.45%
Jun 202542.52%36%0.95%0.11%57.48%
Mar 202542.52%40.5%1.63%0.11%57.48%
Dec 202442.52%40.5%3.14%-57.48%
Sep 202445.61%31%3.33%-54.39%
Every quarter since Mar 2001 Promoter pledge history Filing data, not investment advice.