Cupid raises FY27 revenue outlook to above ₹660 Cr; Q1 revenue above ₹150 Cr

Guidance RaisedBusiness Updates View source PDF

CUPID · price

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AI summary

Cupid Limited expects Q1 FY27 revenue above ₹150 Cr, one of its strongest quarters ever. Management has raised full-year FY27 revenue guidance from ₹600 Cr to above ₹660 Cr, a minimum 10% upward revision. Growth drivers include rising international B2B healthcare demand, commencement of its long-term supply agreement with PFSCM Netherlands, strong male and female condom and lubricant businesses, and the upcoming Palava manufacturing facility. Management also expects net profit margins to beat current guidance, aided by favourable USD-INR rates.

Likely market impact

Sharp upward revision in revenue guidance signals strong momentum and is likely to boost investor sentiment and support the stock price.