Is Cupid Ltd (CUPID) a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Cupid Ltd is a good quality company .

Is Cupid Ltd (CUPID) undervalued or overvalued?

The key valuation ratios of Cupid Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Cupid Ltd (CUPID) share price return in the past 10 years?

Cupid Ltd share price has appreciated 45.5% annually (CAGR) over the past ten years.

Is Cupid Ltd (CUPID) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Cupid Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the share price of Cupid Ltd (CUPID)?

Company share prices are keep on changing according to the market conditions. The current trading price of Cupid Ltd (CUPID) on 17-Apr-2026 16:59:59 at 16:59 is 102.68.

What is the P/E ratio of Cupid?

The latest standalone P/E ratio of Cupid as of 17-Apr-2026 is 153.69.

What is the P/B ratio of Cupid Ltd (CUPID)?

The latest standalone P/B ratio of Cupid Ltd (CUPID) as of 17-Apr-2026 is 24.61.

What is the 52-week high and low of Cupid Ltd (CUPID)?

The 52-week high of Cupid Ltd (CUPID) is Rs. 105.48 and the 52-week low is Rs. 14.20.

Cupid Ltd (CUPID) Share Analysis – Brand Strength, Quality & Valuation Zone & DeciZen Rating

Name: Cupid Ltd (CUPID)
Brand: Cupid

Cupid Ltd (CUPID) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Cupid Ltd (CUPID)

BSE: 530843 NSE: CUPID

Key Metrics

Market Cap

₹12,842 Cr.

P/E Ratio

153.69

Price to Book (P/B)

24.61

Price to Sales (P/S)

43.64

EV/EBITDA

106.56

Return on Capital Employed (ROCE)

17.05%

Current Price

₹102.7

Return on Equity (ROE)

18.27%

Return on Assets (ROA)

11.83%

Operating Profit Margin

23.2%

Net Profit Margin

22.3%

Gross Profit Margin

32.4%

Book Value per Share

₹3.9

Sales Growth (YoY)

6.88%

Sales Growth (3 Years)

11.41%

Operating Profit Growth (1 Year)

-17.65%

Operating Profit Growth (3 Years)

22.02%

Net Profit Growth (1 Year)

2.71%

52-Week Low / High

₹14 / 105

Net Profit Growth (3 Years)

33.3%

Dividend Yield

0.00%

Promoter Holding

46.03%

Pledged shares (%)
of Promoter's holding (%)

24.79%

Check Before You Invest

Q.1 Revenue growth of Cupid Ltd?

Cupid Ltd revenue growth is 6.9% for FY-2025 , which is above its 5 year CAGR of 2.6% , indicating faster growth.

Q.1 Promoter shareholding and pledge status of Cupid Ltd?

Promoters hold 46.03% of the Cupid Ltd, with 24.79% of their stake pledged, indicating high pledge risk.

Q.1 Revenue growth of Cupid Ltd vs industry peers?

Cupid Ltd revenue CAGR is 2.62% , compared to the industry median CAGR of 5.03% , indicating slower growth and losing its market share.

Q.1 Which industry/sub-sector does Cupid Ltd belong to?

Cupid Ltd belongs to the FMCG sector, operating specifically within the Household & Personal Products segment.

Q.1 Stock return of Cupid Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 45.5% based on the current price.

DeciZen - make an informed investing decision on Cupid

Based on:

Data

Overall Rating ⓘ
Login to view analysis.

1. Quality

2. Valuation ⓘ

3. Price Trend

Cupid stock performance

Key Ratios

Is Cupid Ltd an attractive stock to invest in?

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	79%	71.5%	42.9%	28.8%	50%	29.1%	17.5%	26.6%	22.4%	17.1%	-
Value Creation Index ⓘ	4.6	4.1	2.1	1.1	2.6	1.1	0.3	0.9	0.6	0.2	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	61.2	83.6	80.6	85.5	161	144	133	159	172	184	294
Sales YoY Gr.	-	36.8%	-3.6%	6%	88.7%	-10.7%	-7.9%	20%	7.8%	6.9%	-
Adj EPS ⓘ	0.1	0.2	0.1	0.1	0.3	0.2	0.1	0.2	0	0.3	0.6
YoY Gr.	-	25%	-13.3%	-15.4%	172.7%	-26.7%	-40.9%	84.6%	-87.5%	900%	-
BVPS (₹) ⓘ	0.3	0.4	0.5	0.6	0.8	1	1.1	1.3	0.2	1.8	3.9
Adj Net Profit ⓘ	15.5	20.6	17.1	15.2	39.8	29.6	17.3	31.6	39.9	40.4	83
Cash Flow from Ops. ⓘ	12.9	20	3.4	18.4	18.8	41.9	10.2	32.7	7.8	-11.1	-
Debt/CF from Ops. ⓘ	0.1	0	0.6	0.1	1.7	0	0.9	0.2	1.5	-1.1	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	13%	2.6%	11.4%	6.9%
Adj EPS ⓘ	10.7%	0%	32.2%	900%
BVPSⓘ	23.6%	18.5%	19.4%	1113.3%
Share Price	45.5%	115.9%	236.3%	586.4%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	51.5	45.7	28.6	21.5	44.4	25.2	12.7	20.4	17	12.6	21.8
Op. Profit Mgn % ⓘ	41.4	40.5	33.7	24.1	32.5	25.6	17.3	25.9	29.5	23.2	33.2
Net Profit Mgn % ⓘ	25.4	24.6	21.2	17.8	24.7	20.5	13	19.8	23.2	22	28.3
Debt to Equity ⓘ	0	0	0	0	0.3	0	0.1	0	0.1	0.1	-
Working Cap Days ⓘ	124	106	142	172	134	167	161	133	137	201	206
Cash Conv. Cycle ⓘ	66	59	81	93	54	52	79	70	99	170	184

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	0.6	0.6
TTM Sales (₹ Cr.)	294	294
BVPS (₹) ⓘ	3.9	3.9
Reserves (₹ Cr.) ⓘ	387	387
P/BV ⓘ	24.61	24.62
PE ⓘ	153.69	153.82

From the Market
52 Week Low / High (₹)	14.20 / 105.48
All Time Low / High (₹)	0.01 / 105.48
Market Cap (₹ Cr.)	12,842
Equity (₹ Cr.)	134.5
Face Value (₹)	1
Industry PE ⓘ	48.3

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

56.24

39.22

46.31

31.03

40.52

0.00

36.13

19.04

24.79

* Pledged shares as % of Promoter's holding (%)

Valuation of Cupid - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	61	84	81	85	161	144	133	159	172	184
Operating Expenses ⓘ +	36	50	53	65	109	108	110	118	121	142
Manufacturing Costs	18	24	22	24	62	30	41	44	36	40
Material Costs	8	11	14	20	17	30	34	34	33	38
Employee Cost	4	5	6	6	7	8	9	11	16	27
Other Costs ⓘ	6	10	11	15	23	40	25	29	37	37
Operating Profit ⓘ	25	34	27	21	52	36	23	41	51	42
Operating Profit Margin (%)	41.4%	40.5%	33.7%	24.1%	32.5%	25.0%	17.3%	25.9%	29.5%	22.8%
Other Income ⓘ +	2	1	1	2	3	5	4	5	7	20
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	0	0	0	0	1	0	0	1	2	2
Depreciation ⓘ	2	2	2	2	2	3	3	3	3	4
Profit Before Tax ⓘ	25	32	26	21	53	38	25	42	53	55
Tax ⓘ	9	12	9	6	13	9	7	11	13	14
Profit After Tax	16	21	17	15	40	29	17	32	40	41
PAT Margin (%)	26.1%	24.6%	21.2%	17.8%	24.7%	20.1%	13.0%	19.8%	23.2%	22.3%
Adjusted EPS (₹)	0.1	0.2	0.1	0.1	0.3	0.2	0.1	0.2	0.0	0.3
Dividend Payout Ratio (%)	21%	22%	29%	35%	15%	21%	35%	21%	0%	0%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	36	54	66	76	103	131	142	166	204	244
Share Capital ⓘ	11	11	11	13	13	13	13	13	13	27
Reserves ⓘ	25	43	55	63	90	118	129	153	191	217
Debt +	1	0	2	2	31	0	9	6	12	13
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	1	0	2	2	31	0	9	6	12	13
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	2	3	5	6	22	10	12	9	0	1
Others Liabilities ⓘ	12	6	6	8	8	11	11	8	104	114
Total Liabilities ⓘ	51	63	78	93	165	152	174	189	320	372
Fixed Assets
Net Fixed Assets ⓘ +	16	16	16	21	26	29	31	36	58	67
Gross Block	36	39	41	48	55	61	65	73	98	111
Accumulated Depreciation	20	22	25	27	29	32	34	37	40	45
CWIP ⓘ	0	0	0	0	3	1	6	0	0	6
Investments ⓘ	0	5	18	22	21	48	54	69	147	103
Inventories	3	4	8	8	16	14	18	19	16	42
Trade Receivables	13	13	22	23	42	25	30	26	48	67
Cash Equivalents ⓘ	9	19	4	9	37	19	21	30	39	69
Others Assets ⓘ	9	5	10	10	19	16	14	9	11	19
Total Assets ⓘ	51	63	78	93	165	152	174	189	320	372

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	13	20	3	18	19	42	10	33	8	-11
PBT ⓘ	25	32	26	21	53	38	25	42	53	55
Adjustment ⓘ	2	2	1	0	-1	-2	-5	4	-2	-10
Changes in Working Capital ⓘ	-7	-2	-13	3	-21	15	-1	-2	-30	-43
Tax Paid ⓘ	-6	-12	-10	-6	-13	-9	-9	-11	-13	-13
Cash Flow From Investing Activity ⓘ +	-1	-5	-9	-14	-37	-9	-13	-22	-80	45
Capex	-2	-3	-2	-7	-11	-4	-9	-11	-25	-19
Net Investments	0	-4	-7	-8	-28	-8	-8	-15	-60	49
Others ⓘ	0	1	1	1	2	3	3	4	5	16
Cash Flow From Financing Activity ⓘ +	-6	-4	-3	-5	16	-33	3	-11	99	-1
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	2	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-0	-0	-0	-0	-1	-0	-0	-1	-2	-2
Dividend Paid ⓘ	-4	-3	-5	-5	-12	-1	-6	-7	-4	0
Others ⓘ	-1	-1	2	0	29	-31	9	-3	102	1
Net Cash Flow ⓘ	6	11	-9	-0	-2	0	-1	-0	27	32

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	52.82	45.6	28.57	21.48	44.42	24.74	12.66	20.48	21.51	18.27
ROCE (%)	79.01	71.49	42.94	28.79	49.99	29.09	17.5	26.6	22.36	17.05
Asset Turnover Ratio	1.43	1.47	1.14	1	1.25	0.91	0.81	0.88	0.68	0.53
PAT to CFO Conversion(x)	0.81	0.95	0.18	1.2	0.48	1.45	0.59	1.03	0.2	-0.27
Working Capital Days
Receivable Days	64	58	80	96	73	85	77	64	78	114
Inventory Days	21	17	27	33	28	38	43	42	37	57
Payable Days	76	68	98	101	300	196	119	112	49	6

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Cupid Ltd FAQs

The current trading price of Cupid on 17-Apr-2026 16:59 is ₹102.7.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 16-Apr-2026 the market cap of Cupid stood at ₹12,841.5 Cr

The latest P/E ratio of Cupid as of 16-Apr-2026 is 153.7.

The latest P/B ratio of Cupid as of 16-Apr-2026 is 24.61.

The 52-week high of Cupid is ₹105.5 and the 52-week low is ₹14.20.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Cupid is ₹294 ( Cr.) .

About Cupid Ltd

Cupid Ltd. was founded in collaboration with world leader Green mate Corporation, is a leading manufacturer of quality male condoms. It commenced commercial production in Jan 1997 under the strict supervision and training by Korean Technicians. Headquartered in Mumbai, it has one of the largest manufacturing facilities in India. The company has its marketing offices in New Delhi, India and Cleveland, USA. Cupid Ltd. also has USA FDA approval to export its products to customers in United States.

Cupid manufactures and markets varieties of Male and Female Condoms, Water Based Lubricant, Latex Dental Dams and Probe Covers. Cupid has a diverse product basket available in over 25 countries worldwide.

The ultra modern facility having current capacity of 360 million pieces per annum with pollution control measure and expanding is located about 200 km. from Mumbai, near the scenic resort town of Nasik. Cupid Ltd. is public limited company listed in Bombay Stock Exchange (BSE) since 1995.

Cupid Ltd. employs 250+ manpower with wide experience in production, maintenance & quality control working in three shifts having 24 hour operations. There is a dedicated team of quality personnel independent of production staff to ensure that each and every step of production follows the rigorous quality guidelines followd based on written GMP ( Good Manufacturing Practice) and documented procedure.

Product range of the company includes:

Male Condoms

Plain Condoms in 49 mm and 53 mm width
Dotted Condoms in 52+/-2 mm width
Ribbed Condoms in 52+/-2 mm width
Multi-textured Condoms in 52+/-2 mm width
Extra Large Condoms
Specialty Condoms for Extra Pleasure
Ultra Thin Condoms
Extra Strong Condoms - to Cater MSM Community

Female Condoms

Female Condom Natural Color
Female Condom Pink Color

Water Based Lubricant

Latex Dental Dams

Probe Covers

Achievements/ recognition

ISO 9001:2000
CE Certificate
USFDA 510K Certificate

To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

Build a Stress-Tested Portfolio.

Our Sapphire Advisory uses the ABC Concept to ensure you never have to panic during a market correction.

Core Stocks

STABILITY

Booster Stocks

GROWTH

Amplifier Stocks

ASYMMETRY

● Conflict-Free ● SEBI Registered ● 15Y+ Track Record

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Cupid Ltd (CUPID) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Cupid Share Price

Cupid Ltd (CUPID)

Check Before You Invest

DeciZen - make an informed investing decision on Cupid

Overall Rating ⓘ Login to view analysis.

1. Quality

2. Valuation ⓘ

3. Price Trend

Cupid stock performance

Is Cupid Ltd an attractive stock to invest in?

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Recent Performance Summary

Latest Financials

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Valuation of Cupid - Standalone Basis

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Event Update

Analyst's Notes

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Finance Ratio

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Cupid Ltd FAQs

What is the share price of Cupid?

What is the market cap of Cupid?

What is the P/E ratio of Cupid?

What is the P/B ratio of Cupid?

What is the 52-week high and low of Cupid?

What is the TTM revenue of Cupid?

About Cupid Ltd

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

Overall Rating ⓘ
Login to view analysis.