CUPID LIMITED (CUPID) financials

CUPID LIMITED (CUPID) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

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

Market Cap: ₹48,650Cr.
Current Price: ₹362
Stock P/E: 354
ROE: 27.6%
ROCE: 33.9%
Book Value: ₹3.35
Dividend Yield: 0.00%
52W High / Low: ₹370/45.4

In Jun 2026, CUPID LIMITED (CUPID) reported sales ₹157 Cr and net profit ₹44 Cr.

Annual TTM: sales ₹484 Cr, net profit ₹137 Cr.

Shareholding: Promoters 46.24% (Jun 2026), FIIs 4.17% (Jun 2026), DIIs 0.34% (Jun 2026), Public 49.23% (Jun 2026), No. of Shareholders 2,95,432% (Jun 2026).

CUPID quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	47	51	61	65	90	104	132	157
Expenses	31	35	43	43	56	59	82	95
Operating Profit	16	16	18	21	34	45	50	62
OPM %	34%	31%	30%	33%	38%	43%	38%	40%
Other Income	0	0	0	0	0	0	0	0
Interest	1	0	1	1	1	1	1	1
Depreciation	1	1	1	1	1	1	1	1
Profit before tax	14	14	16	20	32	43	47	60
Tax %	29%	21%	28%	23%	25%	24%	24%	26%
Net Profit	10	11	12	15	24	33	36	44
EPS in Rs	0.07	0.08	0.09	0.11	0.18	0.24	0.27	0.33
Raw PDF	—	—	—	—	—	—	—	—

CUPID profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	160	143	133	159	172	183	358	484
Expenses	108	107	109	118	121	141	239	292
Operating Profit	52	36	23	41	51	42	119	191
OPM %	33%	25%	17%	26%	30%	23%	33%	40%
Other Income	3	5	4	5	7	19	32	0
Interest	1	1	0	1	2	2	3	3
Depreciation	2	3	3	3	3	4	5	5
Profit before tax	53	38	25	42	53	55	142	183
Tax %	24%	24%	30%	25%	24%	25%	24%	—
Net Profit	40	29	17	32	40	41	108	137
EPS in Rs	0.30	0.22	0.13	0.24	0.30	0.30	0.81	1.02
Dividend Payout %	15%	21%	35%	21%	0%	0%	0%	—

CUPID balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	13	13	13	13	13	13	27	134
Reserves	63	90	118	129	154	288	315	316
Borrowings	2	31	0	9	6	12	19	56
Other Liabilities	15	30	22	23	16	7	11	46
Total Liabilities	93	165	152	174	189	320	372	553
Fixed Assets	21	26	29	31	36	58	67	67
CWIP	0	3	1	6	0	0	6	25
Investments	22	21	48	54	69	147	103	75
Other Assets	50	114	74	84	83	114	196	386
Total Assets	93	165	152	174	189	320	372	553

CUPID cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	18	19	42	10	33	8	-11	46
Cash from Investing Activity	-14	-37	-9	-13	-22	-80	45	28
Cash from Financing Activity	-5	16	-33	3	-11	99	-1	35
Net Cash Flow	-0	-2	0	-1	-0	27	32	110
Free Cash Flow	12	8	38	2	30	-17	-31	21
CFO/OP	119%	60%	142%	83%	106%	41%	5%	66%

CUPID shareholding pattern (%)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	45.62%	42.51%	42.51%	42.51%	45.56%	45.56%	46.03%	46.24%
FIIs	3.33%	3.14%	1.63%	0.95%	2.58%	1.48%	1.01%	4.17%
DIIs	0.00%	0.00%	0.11%	0.11%	0.35%	0.30%	0.17%	0.34%
Public	51.05%	54.34%	55.75%	56.43%	51.51%	52.66%	52.79%	49.23%
No. of Shareholders	1,12,236	1,16,374	1,23,379	99,813	97,483	1,45,806	2,09,610	2,95,432

CUPID key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	97	95	65	84	59	102	134	103
Inventory Days	168	437	230	197	229	184	450	350
Days Payable	135	579	168	134	105	1	13	153
Cash Conversion Cycle	130	-46	127	147	183	285	570	301
Working Capital Days	108	40	87	87	77	123	210	119
ROCE %	29%	50%	28%	17%	26%	22%	17%	34%

CUPIDUpdated 13 Oct 2026, 5:19

Cupid Limited

CUPIDUpdated 13 Oct 2026, 5:19

Market Cap

₹48,650Cr.

Current Price

₹362

High / Low

₹370/45.4

Stock P/E

354

ROE27.6%

ROCE33.9%

Book Value₹3.35

Face Value₹1.00

Dividend Yield0.00%

About

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

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	35	0	32	0	1	2	3	2	0.02
Sep 2023	36	0	29	0	1	6	20	5	0.04
Dec 2023	40	0	28	1	1	12	24	9	0.07
Mar 2024	66	1	32	0	1	32	26	24	0.18
Jun 2024	44	0	32	0	1	11	22	8	0.06
Sep 2024	47	1	31	0	1	14	29	10	0.07
Dec 2024	51	0	35	0	1	14	21	11	0.08
Mar 2025	61	1	43	0	1	16	28	12	0.09
Jun 2025	65	1	43	0	1	20	23	15	0.11
Sep 2025	90	1	56	0	1	32	25	24	0.18
Dec 2025	104	1	59	0	1	43	24	33	0.24
Mar 2026	132	1	82	0	1	47	24	36	0.27
Jun 2026	157	1	95	0	1	60	26	44	0.33

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	44	0	32	1	2	11	33	8	0.06
Mar 2016	61	0	36	2	2	25	36	16	0.12
Mar 2017	84	0	50	1	2	32	37	21	0.15
Mar 2018	81	0	53	1	2	26	34	17	0.13
Mar 2019	85	0	65	2	2	21	27	15	0.11
Mar 2020	160	1	108	3	2	53	24	40	0.3
Mar 2021	143	1	107	5	3	38	24	29	0.22
Mar 2022	133	0	109	4	3	25	30	17	0.13
Mar 2023	159	1	118	5	3	42	25	32	0.24
Mar 2024	172	2	121	7	3	53	24	40	0.3
Mar 2025	183	2	141	19	4	55	25	41	0.3
Mar 2026	358	3	239	32	5	142	24	108	0.81
TTM	484	3	292	0	5	183	—	137	1.02

Shareholding pattern

As of Jun 2026%

Holder	Share
Promoters	46.24%
FIIs	4.17%
DIIs	0.34%
Public	49.23%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Sep 2023	45.06%	0.34%	0%	54.6%
Dec 2023	45.06%	0.45%	0%	54.49%
Mar 2024	44.8%	5.19%	0%	50%
Jun 2024	44.8%	5.97%	0%	49.24%
Sep 2024	45.62%	3.33%	0%	51.05%
Dec 2024	42.51%	3.14%	0%	54.34%
Mar 2025	42.51%	1.63%	0.11%	55.75%
Jun 2025	42.51%	0.95%	0.11%	56.43%
Sep 2025	45.56%	2.58%	0.35%	51.51%
Dec 2025	45.56%	1.48%	0.3%	52.66%
Mar 2026	46.03%	1.01%	0.17%	52.79%
Jun 2026	46.24%	4.17%	0.34%	49.23%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	11	13	2	8	35	16	0	0	19	35
Mar 2016	11	25	1	14	51	16	0	0	35	51
Mar 2017	11	43	0	9	63	16	0	5	42	63
Mar 2018	11	55	2	10	78	16	0	18	44	78
Mar 2019	13	63	2	15	93	21	0	22	50	93
Mar 2020	13	90	31	30	165	26	3	21	114	165
Mar 2021	13	118	0	22	152	29	1	48	74	152
Mar 2022	13	129	9	23	174	31	6	54	84	174
Mar 2023	13	154	6	16	189	36	0	69	83	189
Mar 2024	13	288	12	7	320	58	0	147	114	320
Mar 2025	27	315	19	11	372	67	6	103	196	372
Mar 2026	134	316	56	46	553	67	25	75	386	553

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	7	-1	-3	3
Mar 2016	13	-1	-6	6
Mar 2017	20	-5	-4	11
Mar 2018	3	-9	-3	-9
Mar 2019	18	-14	-5	0
Mar 2020	19	-37	16	-2
Mar 2021	42	-9	-33	0
Mar 2022	10	-13	3	-1
Mar 2023	33	-22	-11	0
Mar 2024	8	-80	99	27
Mar 2025	-11	45	-1	32
Mar 2026	46	28	35	110

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	67	79	59	100	97	95	65	84	59	102	134	103
Inventory Days	155	60	133	259	168	437	230	197	229	184	450	350
Days Payable	84	27	80	162	135	579	168	134	105	1	13	153
Cash Conversion Cycle	139	112	112	198	130	-46	127	147	183	285	570	301
Working Capital Days	58	77	67	130	108	40	87	87	77	123	210	119
ROCE %	48%	79%	72%	43%	29%	50%	28%	17%	26%	22%	17%	34%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of CUPID LIMITED (CUPID)?

The reported market capitalisation for CUPID LIMITED (CUPID) is ₹48,650Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of CUPID?

The current price shown for CUPID LIMITED (CUPID) on Fincrux is ₹362 with a 52-week high/low of ₹370/45.4.

What is the P/E ratio of CUPID LIMITED (CUPID)?

The stock P/E for CUPID LIMITED (CUPID) is 354 on Fincrux, with ROE at 27.6% and ROCE at 33.9%.

What were CUPID latest quarterly results?

For Jun 2026, CUPID LIMITED (CUPID) reported sales ₹157 Cr and net profit ₹44 Cr (figures in ₹ crore unless noted).

What are CUPID annual sales and net profit?

For TTM, CUPID LIMITED (CUPID) shows sales of ₹484 Cr and net profit of ₹137 Cr on the Fincrux profit & loss statement.

Who owns CUPID LIMITED (CUPID)?

Latest shareholding for CUPID LIMITED (CUPID) on Fincrux: Promoters 46.24% (Jun 2026), FIIs 4.17% (Jun 2026), DIIs 0.34% (Jun 2026), Public 49.23% (Jun 2026), No. of Shareholders 2,95,432% (Jun 2026).

Where can I find CUPID LIMITED (CUPID) financials?

CUPID LIMITED (CUPID) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show CUPID balance sheet and cash flow?

Yes. The CUPID LIMITED (CUPID) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 13 October 2026 at 5:19