Cupid's Aditya Kumar Halwasiya ups stake to 33.53%; buys 11 lakh shares
Cupid shares rose 0.53 per cent to close at Rs 286.10 on Monday. With this, the multibagger stock has gained 243.13 per cent over the past six months.
- Aug 24, 2026,
- Updated Aug 24, 2026 4:51 PM IST
Cupid Ltd Chairman and Managing Director Aditya Kumar Halwasiya has further increased his stake in the company by acquiring 11,00,000 shares through an open market transaction, according to an exchange filing made by the company after market hours on Monday.
The acquisition represents 0.08 per cent of Cupid's total equity. Following the transaction, Halwasiya's personal shareholding in the company increased to 33.53 per cent, while the aggregate shareholding of the promoter and promoter group remained at 46.48 per cent.
This is Halwasiya's third disclosed purchase in Cupid in the past two weeks. Last week, the company informed the stock exchanges that he had acquired 8,03,000 shares and 13,95,538 shares in two separate open market transactions.
With Monday's acquisition, Halwasiya has purchased a total of 32,98,538 Cupid shares across the three transactions.
Separately, Cupid recently informed the stock exchanges that its 33rd Annual General Meeting (AGM) will be held on September 22, 2026.
Cupid Q1 results
Cupid reported a strong financial performance for the June quarter of FY27. Its net profit rose 194 per cent year-on-year (YoY) to Rs 44.15 crore, compared with Rs 15.01 crore in Q1 FY26.
Total income increased 142 per cent YoY to Rs 156.98 crore in Q1 FY27 from Rs 59.80 crore in the year-ago quarter. EBITDA climbed 265 per cent YoY to Rs 60.06 crore from Rs 16.47 crore.
The company's EBITDA margin improved to 39 per cent in Q1 FY27 from 28 per cent in Q1 FY26, an expansion of 1,127 basis points (bps) YoY.
Commenting on the Q1 earnings, Halwasiya said: "We have commenced FY27 with strong momentum across both our international B2B healthcare and Consumer Healthcare & FMCG businesses. Healthy execution during the quarter, improving order visibility and sustained demand across our core segments have strengthened our confidence in the Company's growth trajectory. Supported by a robust order book, healthy business momentum and strong visibility across our key operating segments, we have enhanced our FY27 guidance to Rs 725 crore - Rs 750 crore in revenue and Rs 210 crore - Rs 225 crore in Net Profit."
Cupid share price
Meanwhile, Cupid shares rose 0.53 per cent to close at Rs 286.10 on Monday. With this, the multibagger stock has gained 243.13 per cent over the past six months.
The securities of Cupid are currently placed under the long-term Additional Surveillance Measure (ASM) framework on both BSE and NSE. Exchanges put stocks in short-term or long-term ASM frameworks to caution investors about high volatility in share prices.
Cupid has been moving higher while forming a higher-top, higher-bottom pattern, according to Rupak De, Senior Technical Analyst at LKP Securities. "The stock is showing an ascending chart pattern. At current levels, the stock can be entered with a stop-loss of Rs 274. Below that, one should take an exit. As long as the stock holds above Rs 274, it could move towards Rs 300-plus level," he told Business Today.
Cupid is engaged in the manufacturing and marketing of male and female condoms, water-based personal lubricants and in-vitro diagnostic (IVD) kits. It also has a portfolio of Consumer Healthcare and FMCG products.
Cupid Ltd Chairman and Managing Director Aditya Kumar Halwasiya has further increased his stake in the company by acquiring 11,00,000 shares through an open market transaction, according to an exchange filing made by the company after market hours on Monday.
The acquisition represents 0.08 per cent of Cupid's total equity. Following the transaction, Halwasiya's personal shareholding in the company increased to 33.53 per cent, while the aggregate shareholding of the promoter and promoter group remained at 46.48 per cent.
This is Halwasiya's third disclosed purchase in Cupid in the past two weeks. Last week, the company informed the stock exchanges that he had acquired 8,03,000 shares and 13,95,538 shares in two separate open market transactions.
With Monday's acquisition, Halwasiya has purchased a total of 32,98,538 Cupid shares across the three transactions.
Separately, Cupid recently informed the stock exchanges that its 33rd Annual General Meeting (AGM) will be held on September 22, 2026.
Cupid Q1 results
Cupid reported a strong financial performance for the June quarter of FY27. Its net profit rose 194 per cent year-on-year (YoY) to Rs 44.15 crore, compared with Rs 15.01 crore in Q1 FY26.
Total income increased 142 per cent YoY to Rs 156.98 crore in Q1 FY27 from Rs 59.80 crore in the year-ago quarter. EBITDA climbed 265 per cent YoY to Rs 60.06 crore from Rs 16.47 crore.
The company's EBITDA margin improved to 39 per cent in Q1 FY27 from 28 per cent in Q1 FY26, an expansion of 1,127 basis points (bps) YoY.
Commenting on the Q1 earnings, Halwasiya said: "We have commenced FY27 with strong momentum across both our international B2B healthcare and Consumer Healthcare & FMCG businesses. Healthy execution during the quarter, improving order visibility and sustained demand across our core segments have strengthened our confidence in the Company's growth trajectory. Supported by a robust order book, healthy business momentum and strong visibility across our key operating segments, we have enhanced our FY27 guidance to Rs 725 crore - Rs 750 crore in revenue and Rs 210 crore - Rs 225 crore in Net Profit."
Cupid share price
Meanwhile, Cupid shares rose 0.53 per cent to close at Rs 286.10 on Monday. With this, the multibagger stock has gained 243.13 per cent over the past six months.
The securities of Cupid are currently placed under the long-term Additional Surveillance Measure (ASM) framework on both BSE and NSE. Exchanges put stocks in short-term or long-term ASM frameworks to caution investors about high volatility in share prices.
Cupid has been moving higher while forming a higher-top, higher-bottom pattern, according to Rupak De, Senior Technical Analyst at LKP Securities. "The stock is showing an ascending chart pattern. At current levels, the stock can be entered with a stop-loss of Rs 274. Below that, one should take an exit. As long as the stock holds above Rs 274, it could move towards Rs 300-plus level," he told Business Today.
Cupid is engaged in the manufacturing and marketing of male and female condoms, water-based personal lubricants and in-vitro diagnostic (IVD) kits. It also has a portfolio of Consumer Healthcare and FMCG products.