Cupid share price: FY27 sales, net profit guidance revised upward; outlook shared

Multibagger stock: Shares of Cupid Ltd are in focus after the manufacturer and supplier of male condoms, female Condoms, water based lubricant Jelly & IVD Kits, revised upward its FY27 outlook, citing expectations of strong Q2FY27 business momentum sustaining through third and fourth quarter FY27.

For the September quarter, revenue is seen crossing Rs 200 crore, with the FY27 sales guidance now raised to Rs 800 crore. Net profit guidance now stands at Rs 250 crore, Cupid informed NSE and BSE. This would be driven by sustained momentum across key business verticals and improved visibility across domestic and international markets, Cupid said.

The outlook was also revised amid continued expansion of the domestic FMCG business, progress towards imminent operationalisation of the Palava facility, and sustained growth across the ompany’s healthcare, and personal care portfolio.

Shares of Cupid are up 258.94 per cent in the past six months.

Cupid noted that it has approved conversion of up to 30 lakh warrants of Baazar Style Retail Limited into an equivalent number of equity shares at Rs 328.25 per share.

It received in-principle approval for a manufacturing venture in South Africa, with the proposed facility aimed at supporting local manufacturing and creating a platform for expansion across Africa and international markets.

"South African manufacturing initiative to adopt an asset-light model, combining Cupid’s manufacturing expertise with local partner support to create a platform for institutional procurement and wider African market expansion," it said.

Cupid said it has strengthened its strategic healthcare partnership with GII Healthcare Investment Limited through an additional $5 million follow-on investment. "Cupid continues to strengthen its healthcare and Personal Care platform, with an expanding FMCG portfolio and manufacturing capabilities supporting both international B2B healthcare and domestic consumer businesses," it said.

During the September quarter, Cupid shares were incldued in the BSE Group ‘A’, NIFTY Small Cap 250 and the FTSE Emerging Markets All Cap Index.