- #193 Aditya Kumar Halwasia ₹18,800 Cr

About Cupid Limited
Data last updated:
Cupid Limited is a public limited company based in Nashik, Maharashtra, India. It operates in the medical consumables and supplies segment of the healthcare sector. It was incorporated on 17 February 1993 and has been in existence for over 33 years.
Cupid is part of the Nifty 500 index. Its director Aditya Kumar Halwasia is #193 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L25193MH1993PLC070846. Its GSTIN is 27AAACC2389K1ZF (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 530843 and NSE: CUPID.
The company has an authorised share capital of ₹150 Cr and a paid-up capital of ₹134.47 Cr. It was formerly known as Cupid Rubbers Limited. It is led by directors including Aditya Kumar Halwasiya (Managing Director) and Prasada Rao Bontha.
Its last annual general meeting (AGM) was held on 22 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at A – 68 M.I.D.C. Sinnar Malegaon, Nashik, Maharashtra, India – 422113.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹357.71 Cr, a growth of 94.9% compared to the previous year. For the same year it recorded a net profit of ₹109.58 Cr (net margin 30.6%) and EBITDA of ₹116.74 Cr (EBITDA margin 32.6%). The net worth stands at ₹450.81 Cr (up 31.7% YoY). Total assets are valued at ₹508.31 Cr (up 39.8% YoY).
The company has about 153 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Cupid. As per MCA filings, the company has open charges of ₹253.47 Cr and satisfied charges of ₹107.48 Cr on record. Court records list 60 cases involving the company, including 28 filed by the company and 33 filed against it; 19 cases are pending. The company has 180 deals on record (177 market trades, 3 funding rounds), with disclosed funding of ₹5.87 Cr; the latest was in March 2026. The company has 8 MSME Form 1 returns on record between 2020 and 2023, listing 148 overdue payments to 33 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cupidlimited.com.
Company details
Recognitions & Rankings of Cupid
Contact details
Cupid Limited's registered office is in Nashik, Maharashtra. Its website is cupidlimited.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 68 M.I.D.C. Sinnar Malegaon, Nashik, Maharashtra, India – 422113
- IndustryHealthcare, Medical Consumables & Supplies
To see the full contact details of Cupid Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Cupid operates one associated brand: Cupid. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Contract manufacturer of male & female condoms | cupidlimited.com |
Business activity
The main business activity of Cupid is manufacturing. In detail, this covers manufacture of basic pharmaceutical products and pharmaceutical preparations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 21 | Manufacture of basic pharmaceutical products and pharmaceutical preparations |
To see the full business activity and turnover split of Cupid Limited, buy the company report.
Financials of Cupid Limited
FY 2025-26 filings availableCupid Limited reported revenue of ₹357.71 Cr (up 94.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Income statement | |||
| Revenue | 358 | 184 | 172 |
| Revenue growth | +94.9% | +6.9% | - |
| EBITDA | 117 | 41.72 | 50.72 |
| EBITDA margin | +32.6% | +22.7% | +29.5% |
| Profit before tax | 142 | 54.85 | 52.58 |
| Net profit | 110 | 41.43 | 39.86 |
| Net profit margin | +30.6% | +22.6% | +23.2% |
| EPS (₹) | 0.80 | 1.52 | 2.97 |
| Balance sheet | |||
| Total assets | 508 | 364 | 314 |
| Net worth | 451 | 342 | 301 |
| Total debt | 56.38 | 18.99 | 12.06 |
| Cash & bank | 186 | 68.57 | 39.45 |
| Net working capital | 343 | 188 | 109 |
| Cash flow | |||
| Cash from operations | 46.12 | (11.14) | 7.84 |
| Cash from investing | 28.09 | 44.68 | (79.84) |
| Cash from financing | 35.30 | (1.46) | 98.77 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 155 | 120 | 93.50 | 84.45 | 59.80 | 56.48 | 46.35 | 41.55 |
| Revenue growth (YoY) | +158.7% | +112.4% | +101.7% | +103.3% | +52.8% | - | - | - |
| Other income | 2.27 | 12.08 | 10.89 | 5.78 | 4.94 | 4.63 | 4.41 | 5.73 |
| EBITDA | 60.07 | 37.51 | 34.31 | 28.42 | 16.47 | 13.40 | 11.38 | 10.27 |
| EBITDA margin | +38.8% | +31.3% | +36.7% | +33.7% | +27.5% | +23.7% | +24.6% | +24.7% |
| Depreciation | 1.29 | 1.27 | 1.30 | 1.30 | 1.24 | 1.26 | 1.29 | 1.17 |
| Interest | 1.11 | 0.87 | 0.61 | 0.70 | 0.62 | 0.78 | 0.41 | 0.64 |
| Profit before tax | 59.94 | 47.45 | 43.29 | 32.20 | 19.55 | 15.99 | 14.09 | 14.19 |
| Tax | 15.77 | 11.19 | 10.44 | 8.06 | 4.54 | 4.49 | 3.01 | 4.17 |
| Net profit | 44.17 | 36.26 | 32.85 | 24.14 | 15.01 | 11.50 | 11.08 | 10.02 |
| EPS (₹) | 0.32 | 0.26 | 1.22 | 0.89 | 0.10 | 0.42 | 0.41 | 0.37 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 358 | 184 | 172 | 159 | 133 | 143 | 160 |
| Revenue growth | +94.9% | +6.9% | +7.8% | +20.2% | -7.5% | -10.6% | - |
| EBITDA | 117 | 41.76 | 50.72 | 41.31 | 23.05 | 36.20 | 52.35 |
| EBITDA margin | +32.6% | +22.8% | +29.5% | +25.9% | +17.4% | +25.3% | +32.7% |
| Profit before tax | 142 | 54.89 | 52.58 | 42.32 | 24.50 | 38.20 | 52.71 |
| Net profit | 110 | 41.47 | 39.86 | 31.34 | 16.47 | 28.12 | 39.70 |
| Net profit margin | +30.6% | +22.6% | +23.2% | +19.7% | +12.4% | +19.6% | +24.8% |
| EPS (₹) | 0.81 | 1.52 | 2.97 | 23.68 | 12.96 | 21.73 | 29.87 |
| Balance sheet | |||||||
| Total assets | 508 | 364 | 314 | 173 | 151 | 131 | 135 |
| Net worth | 451 | 342 | 301 | 167 | 142 | 131 | 103 |
| Total debt | 56.38 | 18.99 | 12.06 | 5.97 | 8.80 | 0.00 | 31.47 |
| Cash & bank | 186 | 68.57 | 39.45 | 29.62 | 21.46 | 19.28 | 36.84 |
| Net working capital | 343 | 188 | 109 | 69.26 | 61.73 | 53.55 | 85.72 |
| Cash flow | |||||||
| Cash from operations | 46.12 | (11.14) | 7.84 | 32.71 | 10.24 | 41.89 | 18.80 |
| Cash from investing | 28.09 | 44.68 | (79.84) | (21.86) | (13.49) | (8.82) | (37.04) |
| Cash from financing | 35.30 | (1.46) | 98.77 | (10.95) | 2.66 | (33.03) | 16.42 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 157 | 132 | 104 | 90.21 | 64.74 | 61.11 | 50.76 | 47.28 |
| Revenue growth (YoY) | +142.5% | +116.1% | +105.7% | +90.8% | +47.1% | - | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 94.64 | 82.45 | 59.18 | 56.03 | 43.32 | 43.04 | 34.97 | 31.28 |
| EBITDA | 62.35 | 49.59 | 45.22 | 34.18 | 21.42 | 18.07 | 15.79 | 16.00 |
| EBITDA margin | +40.3% | +41.3% | +48.4% | +40.5% | +35.8% | +32.0% | +34.1% | +38.5% |
| Depreciation | 1.29 | 1.27 | 1.30 | 1.30 | 1.24 | 1.26 | 1.29 | 1.17 |
| Interest | 1.11 | 0.87 | 0.61 | 0.70 | 0.62 | 0.78 | 0.41 | 0.64 |
| Profit before tax | 59.95 | 47.45 | 43.31 | 32.18 | 19.56 | 16.03 | 14.09 | 14.19 |
| Tax | 15.77 | 11.19 | 10.44 | 8.06 | 4.54 | 4.49 | 3.01 | 4.17 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 155 | 120 | 93.50 | 84.45 | 59.80 | 56.48 | 46.35 | 41.55 |
| Revenue growth (YoY) | +158.7% | +112.4% | +101.7% | +103.3% | +52.8% | - | - | - |
| Other income | 2.27 | 12.08 | 10.89 | 5.78 | 4.94 | 4.63 | 4.41 | 5.73 |
| EBITDA | 60.07 | 37.51 | 34.31 | 28.42 | 16.47 | 13.40 | 11.38 | 10.27 |
| EBITDA margin | +38.8% | +31.3% | +36.7% | +33.7% | +27.5% | +23.7% | +24.6% | +24.7% |
| Depreciation | 1.29 | 1.27 | 1.30 | 1.30 | 1.24 | 1.26 | 1.29 | 1.17 |
| Interest | 1.11 | 0.87 | 0.61 | 0.70 | 0.62 | 0.78 | 0.41 | 0.64 |
| Profit before tax | 59.94 | 47.45 | 43.29 | 32.20 | 19.55 | 15.99 | 14.09 | 14.19 |
| Tax | 15.77 | 11.19 | 10.44 | 8.06 | 4.54 | 4.49 | 3.01 | 4.17 |
| Net profit | 44.17 | 36.26 | 32.85 | 24.14 | 15.01 | 11.50 | 11.08 | 10.02 |
| EPS (₹) | 0.32 | 0.26 | 1.22 | 0.89 | 0.10 | 0.42 | 0.41 | 0.37 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Revenue | 358 | 184 | 172 |
| Revenue growth | +94.9% | +6.9% | - |
| Other income | 33.69 | 19.66 | 6.60 |
| Total expenses | 241 | 142 | 121 |
| Employee cost | 30.78 | 27.27 | 15.66 |
| EBITDA | 117 | 41.72 | 50.72 |
| EBITDA margin | +32.6% | +22.7% | +29.5% |
| Depreciation | 5.12 | 4.48 | 2.93 |
| Interest | 2.85 | 2.05 | 1.81 |
| Profit before tax | 142 | 54.85 | 52.58 |
| Tax | 34.23 | 13.97 | 12.72 |
| Net profit | 110 | 41.43 | 39.86 |
| Net profit margin | +30.6% | +22.6% | +23.2% |
| EPS (₹) | 0.80 | 1.52 | 2.97 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Equity & liabilities | |||
| Share capital | 134 | 26.85 | 13.42 |
| Reserves & surplus | 316 | 219 | 192 |
| Shareholders' funds (net worth) | 451 | 342 | 301 |
| Minority interest | 0.00 | 0.00 | 0.00 |
| Secured loans | 50.97 | 12.63 | 12.06 |
| Unsecured loans | 5.41 | 6.36 | 0.00 |
| Total debt | 56.38 | 18.99 | 12.06 |
| Total liabilities | 508 | 364 | 314 |
| Assets | |||
| Gross block | 117 | 111 | 98.37 |
| Net block | 67.15 | 66.62 | 58.13 |
| Capital work in progress | 25.38 | 6.49 | 0.00 |
| Investments | 74.65 | 103 | 147 |
| Inventories | 70.04 | 41.67 | 15.65 |
| Sundry debtors | 101 | 67.03 | 47.98 |
| Cash & bank balances | 186 | 68.57 | 39.45 |
| Loans & advances | 28.11 | 17.74 | 11.26 |
| Total current assets | 385 | 195 | 114 |
| Total current liabilities | 42.21 | 7.23 | 4.95 |
| Net working capital | 343 | 188 | 109 |
| Total assets | 508 | 364 | 314 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Opening cash | 59.15 | 27.07 | 0.30 |
| Net cash from operating activities | 46.12 | (11.14) | 7.84 |
| Net cash from investing activities | 28.09 | 44.68 | (79.84) |
| Net cash from financing activities | 35.30 | (1.46) | 98.77 |
| Net change in cash | 110 | 32.08 | 26.77 |
| Closing cash | 186 | 68.57 | 39.45 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Growth | |||
| Sales growth | +94.9% | +6.9% | - |
| EBITDA growth | +179.8% | -17.7% | - |
| PBT growth | +159.7% | +4.3% | +9997.0% |
| Net income growth | +164.5% | +3.9% | - |
| Profitability & leverage | |||
| Net income margin | +30.3% | +22.3% | +23.2% |
| Return on capital employed | +33.3% | +16.8% | +17.3% |
| Return on net worth | +27.3% | +12.7% | +13.2% |
| Debt / equity | 0.10 | 0.05 | 0.04 |
| Long-term debt / equity | 0.03 | 0.01 | 0.00 |
| Interest cover | 2.55 | 5.50 | 3.79 |
| Efficiency & per share | |||
| Fixed asset turnover | 3.13 | 1.75 | 1.75 |
| Inventory turnover | 6.40 | 6.40 | 10.97 |
| Debtors turnover | 4.26 | 3.19 | 3.58 |
| EPS (₹) | 0.80 | 1.52 | 2.97 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 3.35 | 9.16 | 15.28 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 157 | 132 | 104 | 90.21 | 64.74 | 61.11 | 50.76 | 47.28 |
| Revenue growth (YoY) | +142.5% | +116.1% | +105.7% | +90.8% | +47.1% | - | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 94.64 | 82.45 | 59.18 | 56.03 | 43.32 | 43.04 | 34.97 | 31.28 |
| EBITDA | 62.35 | 49.59 | 45.22 | 34.18 | 21.42 | 18.07 | 15.79 | 16.00 |
| EBITDA margin | +40.3% | +41.3% | +48.4% | +40.5% | +35.8% | +32.0% | +34.1% | +38.5% |
| Depreciation | 1.29 | 1.27 | 1.30 | 1.30 | 1.24 | 1.26 | 1.29 | 1.17 |
| Interest | 1.11 | 0.87 | 0.61 | 0.70 | 0.62 | 0.78 | 0.41 | 0.64 |
| Profit before tax | 59.95 | 47.45 | 43.31 | 32.18 | 19.56 | 16.03 | 14.09 | 14.19 |
| Tax | 15.77 | 11.19 | 10.44 | 8.06 | 4.54 | 4.49 | 3.01 | 4.17 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 358 | 184 | 172 | 159 | 133 | 143 | 160 |
| Revenue growth | +94.9% | +6.9% | +7.8% | +20.2% | -7.5% | -10.6% | - |
| Other income | 33.69 | 19.66 | 6.60 | 4.77 | 4.31 | 5.17 | 3.39 |
| Total expenses | 241 | 142 | 121 | 118 | 109 | 107 | 108 |
| Employee cost | 30.78 | 27.27 | 15.66 | 11.45 | 9.15 | 8.35 | 6.93 |
| EBITDA | 117 | 41.76 | 50.72 | 41.31 | 23.05 | 36.20 | 52.35 |
| EBITDA margin | +32.6% | +22.8% | +29.5% | +25.9% | +17.4% | +25.3% | +32.7% |
| Depreciation | 5.12 | 4.48 | 2.93 | 2.97 | 2.65 | 2.60 | 2.50 |
| Interest | 2.85 | 2.05 | 1.81 | 0.79 | 0.21 | 0.57 | 0.53 |
| Profit before tax | 142 | 54.89 | 52.58 | 42.32 | 24.50 | 38.20 | 52.71 |
| Tax | 34.23 | 13.97 | 12.72 | 10.74 | 7.24 | 9.22 | 12.86 |
| Net profit | 110 | 41.47 | 39.86 | 31.34 | 16.47 | 28.12 | 39.70 |
| Net profit margin | +30.6% | +22.6% | +23.2% | +19.7% | +12.4% | +19.6% | +24.8% |
| EPS (₹) | 0.81 | 1.52 | 2.97 | 23.68 | 12.96 | 21.73 | 29.87 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 134 | 26.85 | 13.42 | 13.34 | 13.34 | 13.34 | 13.34 |
| Reserves & surplus | 316 | 219 | 192 | 154 | 129 | 118 | 90.12 |
| Shareholders' funds (net worth) | 451 | 342 | 301 | 167 | 142 | 131 | 103 |
| Secured loans | 38.81 | 12.63 | 12.06 | 5.97 | 8.80 | 0.00 | 31.30 |
| Unsecured loans | 17.57 | 6.36 | 0.00 | 0.00 | 0.00 | 0.00 | 0.17 |
| Total debt | 56.38 | 18.99 | 12.06 | 5.97 | 8.80 | 0.00 | 31.47 |
| Total liabilities | 508 | 364 | 314 | 173 | 151 | 131 | 135 |
| Assets | |||||||
| Gross block | 117 | 111 | 98.37 | 73.38 | 65.11 | 60.84 | 55.46 |
| Net block | 67.15 | 66.62 | 58.13 | 36.06 | 30.76 | 29.14 | 26.31 |
| Capital work in progress | 25.38 | 6.49 | 0.00 | 0.00 | 5.76 | 1.40 | 3.16 |
| Investments | 74.87 | 103 | 147 | 69.33 | 53.76 | 47.62 | 21.22 |
| Inventories | 70.04 | 41.67 | 15.65 | 19.10 | 17.85 | 13.78 | 16.48 |
| Sundry debtors | 101 | 67.03 | 47.98 | 25.64 | 30.47 | 25.47 | 41.89 |
| Cash & bank balances | 186 | 68.57 | 39.45 | 29.62 | 21.46 | 19.28 | 36.84 |
| Loans & advances | 28.16 | 17.79 | 11.26 | 9.08 | 14.01 | 15.70 | 18.90 |
| Total current assets | 385 | 195 | 114 | 83.44 | 83.79 | 74.23 | 114 |
| Total current liabilities | 42.43 | 7.46 | 4.95 | 14.18 | 22.06 | 20.68 | 28.39 |
| Net working capital | 343 | 188 | 109 | 69.26 | 61.73 | 53.55 | 85.72 |
| Total assets | 508 | 364 | 314 | 173 | 151 | 131 | 135 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 59.15 | 27.07 | 0.30 | 0.40 | 0.99 | 0.95 | 2.77 |
| Net cash from operating activities | 46.12 | (11.14) | 7.84 | 32.71 | 10.24 | 41.89 | 18.80 |
| Net cash from investing activities | 28.09 | 44.68 | (79.84) | (21.86) | (13.49) | (8.82) | (37.04) |
| Net cash from financing activities | 35.30 | (1.46) | 98.77 | (10.95) | 2.66 | (33.03) | 16.42 |
| Net change in cash | 110 | 32.08 | 26.77 | (0.10) | (0.59) | 0.05 | (1.83) |
| Closing cash | 186 | 68.57 | 39.45 | 29.62 | 21.46 | 19.28 | 36.84 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +94.9% | +6.9% | +7.8% | +20.2% | -7.5% | -10.6% | - |
| EBITDA growth | +179.6% | -17.7% | +22.8% | +79.2% | -36.3% | -30.9% | - |
| PBT growth | +159.6% | +4.4% | +24.2% | +72.7% | -35.9% | -27.5% | +152.0% |
| Net income growth | +164.3% | +4.0% | +27.2% | +90.3% | -41.4% | -29.2% | - |
| Revenue CAGR (3Y) | +30.9% | +11.5% | +6.2% | -0.2% | +15.7% | +21.1% | +24.2% |
| EBITDA CAGR (3Y) | +41.4% | +21.9% | +11.9% | -7.6% | +3.9% | +10.1% | +15.6% |
| Profitability & leverage | |||||||
| Net income margin | +30.3% | +22.3% | +23.2% | +19.8% | +13.0% | +20.2% | +24.9% |
| Return on capital employed | +33.3% | +16.8% | +22.3% | +26.6% | +17.5% | +29.2% | +49.9% |
| Return on net worth | +27.3% | +12.7% | +17.0% | +20.4% | +12.7% | +24.7% | +44.4% |
| Debt / equity | 0.10 | 0.05 | 0.04 | 0.05 | 0.03 | 0.13 | 0.19 |
| Long-term debt / equity | 0.03 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 2.55 | 5.50 | 3.79 | 2.06 | 1.03 | 1.70 | 1.06 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.13 | 1.75 | 2.00 | 2.30 | 2.11 | 2.47 | 3.13 |
| Inventory turnover | 6.40 | 6.40 | 9.88 | 8.62 | 8.39 | 9.50 | 13.22 |
| Debtors turnover | 4.26 | 3.19 | 4.66 | 5.68 | 4.75 | 4.27 | 4.99 |
| EPS (₹) | 0.81 | 1.52 | 2.97 | 23.68 | 12.96 | 21.73 | 29.87 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 5.00 | 4.50 | 4.50 | 4.50 |
| Book value per share (₹) | 3.35 | 9.16 | 15.28 | 125.30 | 106.60 | 98.10 | 77.57 |
To see the full year-wise statements and ratios of Cupid Limited, buy the company report.
Board of directors of Cupid Limited
Cupid has 8 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasada Rao Bontha Also directs: Titagarh Rail Systems Limited, Havells India Limited, Power Mech Projects Limited and 2 more | Director | 25 Feb 2026 | 0 Years 8 Months | Current |
| Akshay Kumar | Director | 19 Dec 2024 | 1 Years 10 Months | Current |
| Ajay Kumar Halwasiya | Director | 23 Jan 2024 | 2 Years 9 Months | Current |
| Rajinder Singh Loona | Director | 20 Oct 2023 | 3 Years 0 Months | Current |
| Venkateswara Rao Thallapaka Also directs: Alkali Metals Ltd., Lendingkart Finance Limited, Stci Primary Dealer Limited and 5 more | Director | 20 Oct 2023 | 3 Years 0 Months | Current |
| Aditya Kumar Halwasiya Also directs: Tourism Finance Corporation of India Limited, Apollo Micro Systems Limited, Olka Technologies (OPC) Private Limited and 1 more | Managing Director | 20 Oct 2023 | 3 Years 0 Months | Current |
Auditor
Cupid Limited is audited by Chaturvedi Sohan& co. for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chaturvedi Sohan& co. | FY 2025 | 118424W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 46.20%, foreign institutional investors hold 4.20%, domestic institutional investors hold 0.30% and retail and other public shareholders hold 49.30%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 46.20% | 46.00% | 45.60% | 45.60% |
| Public | 53.80% | 54.00% | 54.40% | 54.40% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jun 2026 | 101320726 | Others | ₹5.95 Cr | Open | |
| 11 Mar 2026 | 101254071 | Axis Bank Limited | ₹141.8 Cr | Open | |
| 03 Feb 2026 | 101254509 | Hdfc Bank Limited | ₹20 Cr | Open | |
| 18 Dec 2025 | 101210079 | Others | ₹30 Cr | Open | |
| 18 Dec 2025 | 101210074 | Others | ₹11.22 Cr | Open |
To see the full charge records of Cupid Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
Cupid Limited has 180 deals on record (177 market trades, 3 funding rounds), with disclosed funding of ₹5.87 Cr; the latest was in March 2026.
Deals on record (5 of 180)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2026 | Market trade | ₹87.67 Cr | Buyer: Graviton Research Capital LLP , Hrti Private Limited , NK Securities Research Private Limited Seller: Graviton Research Capital LLP , Hrti Private Limited , NK Securities Research Private Limited |
| Mar 2026 | Market trade | ₹14.72 Cr | Buyer: Irage Broking Services LLP Seller: Irage Broking Services LLP |
| Mar 2026 | Market trade | ₹180.82 Cr | Buyer: Hrti Private Limited , Graviton Research Capital LLP , Qe Securities LLP Seller: Graviton Research Capital LLP , Hrti Private Limited , NK Securities Research Private Limited |
| Jan 2026 | Market trade | ₹340.24 Cr | Buyer: Junomoneta Finsol Private Limited , Hrti Private Limited , Qe Securities LLP Seller: Junomoneta Finsol Private Limited , Hrti Private Limited , Jump Trading Financial India Private Limited |
| Jan 2026 | Market trade | ₹56.45 Cr | Buyer: Hrti Private Limited Seller: Hrti Private Limited |
To see the full deal history of Cupid Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Cupid Limited has 60 court cases on record: 28 filed by Cupid, 33 filed against it. 19 cases are pending and 41 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 31 | 16 | 6 |
| District courts | 24 | 14 | 13 |
| Supreme Court | 5 | 3 | 0 |
Cases on record (5 of 60)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Civil suit | Filed against the company by Asian Vegpro Industries Ltd Through Its Authorized Signatory Mr Vijay Kurup | Pending |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by Baazar Style Retail Limited | Pending |
| Calcutta High Court | Court case (CO) | Filed against the company by Baazar Style Retail Limited | Pending |
| District court, South Twenty Four Parganas, West Bengal | Appeal | Filed by the company against Baazar Style Retail Ltd | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against May Asian Vegpro Industries Limited | Pending |
To see the full case history of Cupid Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Cupid Limited was last rated by Crisil on 28 May 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 28 May 2018 |
To see the full credit ratings and regulatory alerts of Cupid Limited, buy the company report.
MSME payment delays
Cupid Limited has 8 MSME Form 1 returns on record between 2020 and 2023, listing 148 overdue payments to 33 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 33)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Shree Sati Plastic and Chemicals Private Limited |
To see the full MSME payment records of Cupid Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Cupid Limited has a workforce of 153 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Cupid has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACC2389K1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cupid Limited, buy the company report.
Recent activity
Cupid Limited has 39 board changes on record since 1994: 25 appointments and 14 cessations. The latest: Keral Prasad Yadaw was appointed as Director on 17 Aug 2026.
73 earlier events are in the company report.
News
Frequently asked questions
Cupid is an active public limited company based in Nashik, Maharashtra, India. The company works in medical consumables and supplies, within the healthcare industry. It was incorporated on 17 February 1993 (33+ years old) and is registered under CIN L25193MH1993PLC070846. Listed on BSE: 530843 and NSE: CUPID.
Cupid reported revenue of ₹357.71 Cr for FY 2025-26 (up 94.9% YoY) based on consolidated financials.
Cupid has 8 current directors:
- Aditya Kumar Halwasiya - Managing Director
- Prasada Rao Bontha - Director
- Akshay Kumar - Director
- Ajay Kumar Halwasiya - Director
- Rajinder Singh Loona - Director
- Venkateswara Rao Thallapaka - Director
- Rajni Anil Mishra - Director
- Keral Prasad Yadaw - Director
The latest financial statements of Cupid on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 22 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Cupid is 27AAACC2389K1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Cupid is L25193MH1993PLC070846. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Cupid is a listed company as per MCA records. Its shares are listed on both BSE (code: 530843) and NSE (symbol: CUPID).
Cupid has 60 court cases on record: 28 filed by the company and 33 filed against it. 19 are pending. Most are in the high courts.
Cupid was incorporated on 17 February 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Cupid has 180 deals on record (177 market trades, 3 funding rounds), with disclosed funding of ₹5.87 Cr; the latest was in March 2026.
Keral Prasad Yadaw was appointed as Director on 17 Aug 2026. Prasada Rao Bontha was appointed as Director on 25 Feb 2026. Kuldeep Halwasiya ceased to be Director on 20 Jan 2025. Cupid has 39 board changes on record in total.

