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Cupid Stock Soars 10% to Record High on Strong Earnings
12 Nov
Summary
- Cupid's stock reached a lifetime high of Rs 389 on November 12, 2026.
- Net profits surged 133% to Rs 56.22 crore in Q2 FY27.
- New manufacturing unit in Maharashtra to boost condom capacity.
Cupid Ltd's stock reached an all-time high of Rs 389 on November 12, 2026, marking a 10% intraday increase. This surge followed the company's strong Q2 FY27 financial results, which showed a 133% rise in consolidated net profits to Rs 56.22 crore. Revenue from operations more than doubled, growing by 122% to Rs 187.86 crore.
Following this impressive performance, Cupid has upgraded its financial guidance. The company now anticipates revenues of Rs 880+ crore and net profits of Rs 275+ crore for FY27. Projections for FY28 and FY29 indicate continued growth, with revenues expected to reach Rs 1305+ crore and Rs 1950+ crore, respectively.
Further bolstering its growth prospects, Cupid is set to commission a new 1,70,000 sq. ft manufacturing unit in Palava, Maharashtra, during Q3. This expansion will elevate its annual condom production capacity to approximately 1.25 billion units. Additionally, a partnership with V2 Retail is expected to generate at least Rs 400 crore in revenue.
