Cupid Limited has informed the Exchange regarding a press release dated March 31, 2026, titled "Cupid Limited Set to Deliver Strongest Quarter in Its History and Surpass Annual Guidance ".
CUPID · price
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Cupid Limited announced its strongest quarter in company history, with FY26 revenue and net profit set to comfortably surpass its earlier annual guidance of ₹335 crore and ₹100 crore respectively. The company provided FY27 outlook targeting revenue of at least ₹600 crore and net profit margin in excess of 30%, supported by strong execution and improving operating leverage. Growth is being driven by robust export momentum across 125+ countries, a favourable USD-INR currency environment, and six months of secured raw material inventory. The company's recent 1.5x capacity expansion at Palava (March 2024) and widening FMCG portfolio are expected to fuel the next phase of growth. Detailed Q4 and FY26 financial results are pending Board approval.
Positive for shareholders — the company is beating its own guidance and laying out an ambitious near-doubling of revenue target for FY27, which could lift the stock on results day. Investors should watch for the audited Q4 numbers to validate management's optimistic commentary.