Cupid Q2 FY2026-27 Result: Net Profit More Than Doubles To ₹56.22 Crore And H1 Profit Soars 156%; Shares Climb Up To 9.88% On Thursday

Cupid Limited shares jumped as much as 9.88%, touching an intraday high of ₹389 on 12 November 2026 after the company announced strong Q2 FY27 results.

It reported total income of ₹208.97 crore in Q2 FY27, up 132% year-on-year (YoY). Revenue from operations increased 122% to ₹187.86 crore. The company also raised its FY27 revenue guidance to at least ₹880 crore and net profit guidance to ₹275 crore or more.

On the National Stock Exchange (NSE), the Cupid share price was at ₹380.50, up 7.49% at 10:10 am on Thursday. The previous close was ₹354, while the opening price stood at ₹360. Cupid shares touched an intraday low of ₹356 in the early trade.

Cupid Q2 Results: Other Key Financials

Cupid Q2 FY27 results showed earnings before interest, tax, depreciation and amortisation (EBITDA) stood at ₹54.77 crore, with a margin of 29%. Net profit climbed 133% YoY to ₹56.22 crore. Profit before tax (PBT) was ₹72.89 crore, a 126% growth.

For the first half of FY27, total income rose 136% to ₹365.95 crore, while net profit advanced 156% to ₹100.37 crore. PBT increased 157% to ₹132.81 crore. The company recorded H1 EBITDA of ₹114.83 crore, up 156% YoY. Its net profit margin improved to 29% from 27% in the year-ago period.

The domestic business contributed ₹224.64 crore, or 67% of H1 FY27 sales, compared with 41% in FY26. Consumer healthcare and fast-moving consumer goods (FMCG) products accounted for ₹166.88 crore, 49% of sales.

The international business contributed ₹112.73 crore, or 33% of H1 sales. Institutional demand and supplies through South Africa's national programme helped support the company's overseas business. Export realisations also improved after it revised prices across its international markets.

Cupid Expands Retail Reach

Cupid expects its partnership with V2 Retail to generate at least ₹400 crore in revenue over 12 months. Its products are expected to reach more than 425 stores, with dedicated retail space of around 400 square feet in each outlet. The company expects supplies to begin in November 2026, with availability across the existing stores by mid-December.

Separately, the company expects its Style Baazar partnership to contribute around ₹200 crore in FY27. Its products are set to be stocked across more than 290 stores, with the retailer's network expected to exceed 500 outlets over the next two to three years.

Palava Facility And Higher Guidance

Cupid's Palava facility in Maharashtra is scheduled for commissioning in Q3 FY27. At full capacity, it is expected to raise annual production capacity to around 1.25 billion male condoms and 125 million female condoms, from 480 million and 52 million, respectively.

The company has also set revenue guidance of at least ₹1,305 crore and net profit of around ₹390 crore for FY28. For FY29, it expects revenue of at least ₹1,950 crore and net profit of around ₹605 crore. It expects H2 FY27 to be stronger than H1, supported by higher manufacturing capacity and the expansion of its organised retail partnerships.

Source

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