Cupid Ltd.

CUPID

₹95.6

-2.0% (-1.95)

Market Cap

₹2,571 Cr.

P/E

62.80

About

Cupid Limited, a Public Limited Company established in 1993, is a global leader in the manufacturing and supply of high-quality male and female condoms, along with water-based lubricant jelly. They ho… Read more

Cupid Limited, a Public Limited Company established in 1993, is a global leader in the manufac… Read more

Low

52W Range

High

114

Timeline

Key company specific updates

Company Timeline

Custom financial statementNew

Edit rows

In Rs. Cr.	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025

In Rs. Cr.	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Balance sheet
Net Block	15.55	16.06	16.30	20.84	26.31	29.13	30.76	36.06	58.13	60.33
Shareholders Funds	36.13	54.00	65.65	75.94	103	131	142	167	301	342
Profit & Loss
Operating Profit	25.32	33.83	27.14	20.56	52.33	36.07	22.99	41.31	50.10	46.66
Net Sales	61.15	83.64	80.60	85.47	160	144	133	159	171	188
Cash flow
Cash from Operating Activity	12.89	20.02	3.43	18.38	18.80	41.89	10.24	32.71	7.84	-11.14
Net Capex (est)	1.87	2.61	2.33	6.63	11.05	3.88	8.64	2.50	25.00	19.46
Ratios
ROCE (%)	65.76	57.94	38.47	26.94	50.37	29.33	17.21	25.56	17.96	—
ROE (%)	44.10	38.05	26.03	20.03	38.51	22.15	12.15	18.90	13.23	—

Forensics

8 Yes

Positive for this company

2 Neutral

Neutral for this company

7 No

Negative for this company

0 No Data

Insufficient data to analyse

Accounting & Shareholding

Contingent Liabilities

Company does not have significant contingent liabilities
Depreciation Effect

Depreciation accounting is not leading to increase in profits
Other Income

Other income is not affecting ratios of the company
Retail Holding

Retail has been selling the stock which is usually a good time to buy
Promoter Holding

Promoter has not sold any shares in the last 90 days
Pledge

Promoters have pledged a significant portion of their holding
Revenue Recognition

Chances of aggressive revenue recognition - operating profit of company is not getting converted to cash and recievables rising faster than sales

Price & Performance

Share price

Share price has increased over last 10 years due to earnings
Working Capital

Working capital of the company seems to be under control
Debt

Company should not have issues servicing its debt
ROCE Strength

Roce of the company is consistently strong
Balance Sheet Strength

Balance sheet of the company is strong. but it might have issues paying it suppliers
Capex vs ROCE

Roce of the company has decreased even without significant capex
Current vs Historic Valuation

Company is trading at a premium to 3yr historic valuations
ROE

Roe has decreased vs 10 year trend
Sales Growth

Sales of the company has grown at a slow pace
Margin Stability

Margins of the company are volatile

Revenue mix

Product Wise Break-Up

Location Wise Break-Up

Operational Metrics

Order Book as a % of Sales (%)

Cupid Ltd.

Order Book as a % of Sales (%)
Source

Peer Comparison

Peer Name	Latest Price	PE	Market cap(Cr)	Prom Holding(%)	YoY Qtly Sales(%)	ROCE (%)	ROE (%)
Cupid	96	63.98	2,619	42.52	-10.2	17.96	13.23
Amrutanjan Healthcar	706.55	39.82	2,024	46.52	6.57	21.17	15.59
Max India	187.51	0.00	1,013	50.45	-7.82	-8.35	-11.45
Sastasundar Ventures	283	0.00	911	74.11	-6.79	5.32	1.17
Rajnish Wellness	0.91	652.98	113	7.41	-78.6	2.2	1.23
Jeena Sikho Life	430	61.68	5,596	63.53	—	48.85	36
Medplus Health Servi	892.75	70.69	10,626	40.34	1.28	7.74	4.15
Krsnaa Diagnostics	677.6	28.62	2,221	27.24	11.9	9.73	7.02

Corporate Actions

Consolidated BonusDividendSplit

DATE

DETAILS

2024, Apr 04

Bonus 1 bonus shares for every 1 held. Bonus shares should be credited within 3 days after the ex-date.

2024, Apr 04

Split 1 shares held will now become 10. New number of shares should be credited and listed within 1 day after the ex-date.

2023, Sep 18

Dividend Dividend of Rs.3 per share

2022, Nov 24

Dividend Dividend of Rs.2 per share

2022, Sep 19

Dividend Dividend of Rs.3.5 per share

FAQs on Cupid Ltd. Business

What does Cupid do?

Cupid Limited is a global manufacturer and supplier of male and female condoms as well as lubricant jelly. It collaborates with various stakeholders to promote sexual health and encourage condom use for HIV and STD prevention.

Who are the competitors of Cupid?

Cupid major competitors are Amrutanjan Healthcar, Max India, Sastasundar Ventures, Rajnish Wellness, Jeena Sikho Life, Medplus Health Servi, Krsnaa Diagnostics.
Market Cap of Cupid is ₹2,571 Crs.
While the median market cap of its peers are ₹2,020 Crs.

Is Cupid financially stable compared to its competitors?

Cupid seems to be financially stable compared to its competitors.
The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.

View FAQ's On Shareprice

Global Leaders

Companies with a dominant global position in a product. Might be a sign of very strong moat.

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Discussions & Analysis

Cupid Ltd.

Cupid Limited Valuation: David Vs. Goliath - Dinesh Sairam

Analysis: Cupid Limited - Dr Vijay Malik

View the discussion on ValuePickr

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Cupid Ltd.