Cupid Limited

BSE: 530843 NSE: CUPID
Cupid Limited - healthcare in Nasik, Maharashtra, India. FY 2026 financials and compliance.
CIN L25193MH1993PLC070846 Incorporated 17 February 1993 ROC Mumbai HQ Nasik, Maharashtra, India
Active Listed - NSE: CUPID · BSE: 530843 Public Limited Company healthcare
Data last updated
Revenue · FY 2026
₹357.71 Cr
▲ 94.91% YoY
Computed EBITDA · FY 2026
₹150.4 Cr
▲ 145% YoY
Net profit · FY 2026
₹108.23 Cr
▲ 164.71% YoY
Authorised capital
₹150 Cr
Registered with MCA
Paid-up capital
₹134.47 Cr
Issued & subscribed
Open charges
₹191.67 Cr
Satisfied ₹107.48 Cr
Company age
33 yrs
Est. 1993
Employees · EPFO
153
Latest available

About Cupid Limited

Data last updated: 14 July 2026

Cupid Limited is a public limited company based in Nasik, Maharashtra, India. It specialises in medical consumables and supplies, a part of the broader healthcare sector. Incorporated on 17 February 1993, the company has been in operation for over 33 years.

Registered with ROC Mumbai under CIN L25193MH1993PLC070846. Listed on BSE: 530843 and NSE: CUPID.

Capital: an authorised share capital of ₹150 Cr and a paid-up capital of ₹134.47 Cr. Formerly known as Cupid Rubbers Limited. It is led by directors including Akshay Kumar and Ajay Kumar Halwasiya.

Last AGM: 26 September 2025. Financial statements filed for year ended 31 March 2025. Office: A – 68 M.I.D.C. Sinnar Malegaon, Nasik, Maharashtra, India – 422113.

As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹357.71 Cr, a growth of 94.91% compared to the previous year. The net worth stands at ₹450.81 Cr (up 31.74% YoY). Total assets are valued at ₹553.22 Cr (up 48.81% YoY).

The company has a workforce of approximately 153 employees as per the latest available data.

The company is associated with 1 brand - Cupid. As per MCA filings, the company has open charges of ₹191.67 Cr and satisfied charges of ₹107.48 Cr on record.

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 of Cupid Limited
CIN L25193MH1993PLC070846
Registration Number 070846
Incorporation Date 17 February 1993
ROC Mumbai
Listing Status Listed (BSE: 530843, NSE: CUPID)
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Aditya Kumar Halwasiya Managing Director Akshay Kumar Director Ajay Kumar Halwasiya Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    cupidlimited.com
  • Social Media
  • Registered Address
    A – 68 M.I.D.C. Sinnar Malegaon, Nasik, Maharashtra, India – 422113
  • Industry
    Healthcare, Medical Consumables & Supplies
Company report
Cupid Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Cupid Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Cupid Limited

Cupid Limited operates one associated brand: Cupid. These brands represent Cupid Limited's diversified market presence and brand portfolio.

Brand Description Website
Cupid
Contract manufacturer of male & female condoms cupidlimited.com

Competitors & Alternatives of Cupid Limited

Brands and companies operating in the same space as Cupid Limited include FAZE THREE LIMITED, Unison Metals, KH Group and 4 more.

Competitor Description Location Founded
FAZE THREE LIMITED FAZE THREE LIMITED Home furnishings and automobile textiles are contract-manufactured. Mumbai, India, India 1985
Unison Metals Unison Metals Hot and cold rolled stainless steel sheets are contract manufactured. Ahmedabad, India, India 1990
KH Group KH Group Specializes as a contract manufacturer of leather footwear, bags, and gloves. Chennai, India, India 2001
Flexipol Foams Flexipol Foams Contract manufacturer of industrial grade foam products Bhiwadi, India, India 1995
Promark Promark Contract manufacturing of IT products and furniture is conducted. Sahibzada Ajit Singh Nagar, India, India 2003
Kragbuzz Kragbuzz Contract manufacturing of sportswear, accessories, and bags is conducted. Delhi, India, India 1985
Bhaskar Industries Bhaskar Industries Produces high-quality denim fabrics for international apparel industry with innovative designs. Bhopal, India, India 1985

Business Activity of Cupid Limited

Cupid Limited is engaged in the principal business activity of manufacturing, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C6 Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products Locked
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Business activity turnover details for Cupid Limited

Turnover contribution percentages and historical activity changes require an active report plan.

  • Turnover contribution
  • Historical classifications
  • Filing-level activity changes

Verified entity values are shown only after access is granted.

Auditor Details of Cupid Limited

Cupid Limited is audited by Chaturvedi Sohan & Co. (ICAI peer reviewed, certificate valid till 2027-08-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
Chaturvedi Sohan & Co. (ICAI peer reviewed, certificate valid till 2027-08-31) FY 2026 Declaration of unmodified opinion

Board of Directors of Cupid Limited

Cupid Limited is currently managed by 7 directors, with 18 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Akshay Kumar
Also directs: White Spread Foods Private Limited, Jalpak Foods India Private Limited, Birla Open Minds Education Limited
Director 19 Dec 2024 1 Years 7 Months Current
Ajay Kumar Halwasiya Director 23 Jan 2024 2 Years 6 Months Current
Rajinder Singh Loona
Also directs: Waaree Energies Limited, Kesar Terminals & Infrastructure Limited, Groww Trustee Limited and 1 more
Director 20 Oct 2023 2 Years 9 Months Current
Venkateswara Rao Thallapaka
Also directs: Easy Home Finance Limited, Alkali Metals Ltd., Lendingkart Finance Limited and 5 more
Director 20 Oct 2023 2 Years 9 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 2 Years 9 Months Current
Rajni Anil Mishra
Also directs: Suprajit Engineering Limited, Ujjivan Small Finance Bank Limited, Aspinwall And Company Limited and 2 more
Director 20 Oct 2023 2 Years 9 Months Current
Showing 6 of 7 current directors. View all directors

Financials of Cupid Limited FY 2026 filings available

Cupid Limited reported revenue of ₹357.71 Cr (up 94.91% YoY) for FY 2026.

Revenue · FY 2026
₹357.71 Cr ▲ 94.91%
Profit · FY 2026
₹108.23 Cr ▲ 164.71%
Computed EBITDA · FY 2026
₹150.4 Cr ▲ 145%
Revenue₹ Cr · Consolidated0200400FY 2025: ₹184 Cr184FY 2025FY 2026: ₹358 Cr · +94.9% YoY358+94.9%FY 2026
Net Profit₹ Cr · Consolidated050100150FY 2025: ₹41 Cr40.9FY 2025FY 2026: ₹108 Cr · +164.7% YoY108+164.7%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year050100150Q2'22: ₹33 Cr32.8Q2'22Q3'22: ₹36 Cr36.2Q3'22Q3'25: ₹46 Cr46.4Q3'25Q4'25: ₹56 Cr · +74.6% YoY56.5+74.6%Q4'25Q1'26: ₹60 Cr · +82.4% YoY59.8+82.4%Q1'26Q2'26: ₹84 Cr · +133.1% YoY84.4+133.1%Q2'26Q3'26: ₹93 Cr · +101.7% YoY93.5+101.7%Q3'26Q4'26: ₹120 Cr · +112.4% YoY120+112.4%Q4'26
Metrics FY 2026 FY 2025
Revenue from Operations ₹357.71 Cr ₹183.52 Cr
Other Income ₹33.69 Cr ₹19.66 Cr
Total Income ₹391.4 Cr ₹203.18 Cr
Cost of Materials Consumed ₹111.47 Cr ₹68.49 Cr
Purchases of Stock-in-Trade ₹59.86 Cr ₹20.1 Cr
Changes in Inventories -₹23.19 Cr -₹21.26 Cr
Employee Benefit Expense ₹31.82 Cr ₹29.17 Cr
Finance Costs ₹2.81 Cr ₹2.05 Cr
Depreciation & Amortisation ₹5.12 Cr ₹4.48 Cr
Other Expenses ₹61.04 Cr ₹45.3 Cr
Total Expenses ₹248.94 Cr ₹148.32 Cr
Profit Before Exceptional Items & Tax ₹142.47 Cr ₹54.86 Cr
Exceptional Items ₹0 ₹0
Profit Before Tax ₹142.47 Cr ₹54.86 Cr
Total Tax Expense ₹34.23 Cr ₹13.97 Cr
Net Profit ₹108.23 Cr ₹40.89 Cr
  attributable to Owners ₹108.23 Cr ₹40.89 Cr
  attributable to NCI ₹0 ₹0
Other Comprehensive Income -₹11.01 Lakh -₹1.43 Cr
Total Comprehensive Income ₹108.12 Cr ₹39.46 Cr
EBITDA (computed) ₹150.4 Cr ₹61.39 Cr
Basic EPS ₹0.81 ₹1.52
Diluted EPS ₹0.79 ₹1.51
Metrics FY 2026 FY 2025
Total Assets ₹553.22 Cr ₹371.78 Cr
Non-current Assets ₹167.83 Cr ₹89.9 Cr
Current Assets ₹385.39 Cr ₹281.88 Cr
Property, Plant & Equipment ₹66.97 Cr ₹66.57 Cr
Inventories ₹70.04 Cr ₹41.67 Cr
Trade Receivables ₹100.79 Cr ₹67.03 Cr
Cash & Equivalents ₹168.67 Cr ₹59.15 Cr
Equity (Net Worth) ₹450.81 Cr ₹342.19 Cr
Equity Share Capital ₹134.47 Cr ₹26.85 Cr
Borrowings (Non-current) ₹12.17 Cr ₹0
Borrowings (Current) ₹38.81 Cr ₹12.63 Cr
Total Debt (computed) ₹50.97 Cr ₹12.63 Cr
Current Liabilities ₹82.6 Cr ₹21.2 Cr
Total Liabilities ₹102.42 Cr ₹29.58 Cr
Metrics FY 2026 FY 2025
Operating Cash Flow ₹46.12 Cr -₹11.37 Cr
Investing Cash Flow ₹28.09 Cr ₹44.91 Cr
Financing Cash Flow ₹35.3 Cr -₹1.46 Cr
Capital Expenditure ₹24.69 Cr ₹19.46 Cr
Free Cash Flow (computed) ₹21.43 Cr -₹30.83 Cr
Dividends Paid ₹0 ₹0
Net Change in Cash ₹109.52 Cr ₹32.08 Cr
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q3 FY22 Q2 FY22 Q1 FY22
Revenue from Operations ₹119.96 Cr ₹93.5 Cr ₹84.45 Cr ₹59.8 Cr ₹56.48 Cr ₹46.35 Cr ₹36.22 Cr ₹32.79 Cr ₹32.35 Cr
Other Income ₹12.08 Cr ₹10.89 Cr ₹5.78 Cr ₹4.94 Cr ₹4.63 Cr ₹4.41 Cr ₹75.82 Lakh ₹1.28 Cr ₹1.21 Cr
Total Income ₹132.04 Cr ₹104.38 Cr ₹90.23 Cr ₹64.75 Cr ₹61.11 Cr ₹50.76 Cr ₹36.98 Cr ₹34.08 Cr ₹33.56 Cr
Cost of Materials Consumed ₹52.93 Cr ₹19.78 Cr ₹22.42 Cr ₹16.34 Cr ₹21.98 Cr ₹18.08 Cr ₹14.89 Cr ₹16.4 Cr ₹12.96 Cr
Purchases of Stock-in-Trade ₹20.45 Cr ₹20.85 Cr ₹10.19 Cr ₹8.38 Cr ₹5.62 Cr ₹9.66 Cr ₹0 ₹0 ₹0
Changes in Inventories -₹18.72 Cr -₹5.49 Cr ₹1.63 Cr -₹62.05 Lakh -₹6.6 Cr -₹10.91 Cr ₹4.6 Cr -₹1.12 Cr -₹1.16 Cr
Employee Benefit Expense ₹8.81 Cr ₹8.02 Cr ₹7.88 Cr ₹7.11 Cr ₹8.55 Cr ₹7.66 Cr ₹2.63 Cr ₹3.05 Cr ₹2.76 Cr
Finance Costs ₹87.24 Lakh ₹61.14 Lakh ₹70.15 Lakh ₹62.2 Lakh ₹77.74 Lakh ₹40.51 Lakh ₹3.59 Lakh ₹4.03 Lakh ₹2.04 Lakh
Depreciation & Amortisation ₹1.27 Cr ₹1.3 Cr ₹1.3 Cr ₹1.24 Cr ₹1.26 Cr ₹1.29 Cr ₹62.21 Lakh ₹61 Lakh ₹60.85 Lakh
Other Expenses ₹18.97 Cr ₹16.03 Cr ₹13.91 Cr ₹12.13 Cr ₹13.53 Cr ₹10.52 Cr ₹10.52 Cr ₹8.94 Cr ₹10.47 Cr
Total Expenses ₹84.59 Cr ₹61.11 Cr ₹58.04 Cr ₹45.2 Cr ₹45.11 Cr ₹36.71 Cr ₹33.29 Cr ₹27.93 Cr ₹25.65 Cr
Profit Before Exceptional Items & Tax ₹47.45 Cr ₹43.27 Cr ₹32.19 Cr ₹19.55 Cr ₹16 Cr ₹14.05 Cr ₹3.7 Cr ₹6.15 Cr ₹7.91 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹47.45 Cr ₹43.27 Cr ₹32.19 Cr ₹19.55 Cr ₹16 Cr ₹14.05 Cr ₹3.7 Cr ₹6.15 Cr ₹7.91 Cr
Total Tax Expense ₹11.19 Cr ₹10.44 Cr ₹8.06 Cr ₹4.54 Cr ₹4.49 Cr ₹3.01 Cr ₹1.2 Cr ₹1.5 Cr ₹1.96 Cr
Net Profit ₹36.26 Cr ₹32.83 Cr ₹24.13 Cr ₹15.01 Cr ₹11.51 Cr ₹11.04 Cr ₹2.36 Cr ₹4.44 Cr ₹5.91 Cr
  attributable to Owners ₹36.26 Cr ₹0 ₹23.91 Cr ₹15.01 Cr ₹11.51 Cr ₹11.04 Cr - - ₹0
  attributable to NCI ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 - - ₹0
Other Comprehensive Income ₹10.77 Lakh ₹0 -₹21.78 Lakh ₹0 -₹1.18 Cr ₹0 ₹0 -₹6.11 Lakh ₹0
Total Comprehensive Income ₹36.37 Cr ₹32.83 Cr ₹23.91 Cr ₹15.01 Cr ₹10.33 Cr ₹11.04 Cr ₹2.36 Cr ₹4.37 Cr ₹5.91 Cr
EBITDA (computed) ₹49.6 Cr ₹45.19 Cr ₹34.2 Cr ₹21.42 Cr ₹18.03 Cr ₹15.75 Cr ₹4.35 Cr ₹6.8 Cr ₹8.54 Cr
Basic EPS ₹0.27 ₹1.22 ₹0.90 ₹0.56 ₹0.43 ₹0.41 ₹1.77 ₹3.33 ₹4.43
Diluted EPS ₹0.26 ₹1.22 ₹0.89 ₹0.55 ₹0.42 ₹0.41 ₹1.77 ₹3.33 ₹4.43
Latest 9 quarters shown.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹357.71 Cr ₹183.52 Cr ₹171.09 Cr ₹159.33 Cr ₹132.73 Cr ₹143.73 Cr ₹161.25 Cr
Other Income ₹33.69 Cr ₹19.66 Cr ₹7.22 Cr ₹4.77 Cr ₹4.31 Cr ₹5.17 Cr ₹3.39 Cr
Total Income ₹391.4 Cr ₹203.18 Cr ₹178.3 Cr ₹164.1 Cr ₹137.05 Cr ₹148.9 Cr ₹164.65 Cr
Cost of Materials Consumed ₹111.47 Cr ₹68.49 Cr ₹55.85 Cr ₹65.73 Cr ₹63.07 Cr ₹48.62 Cr ₹49.95 Cr
Purchases of Stock-in-Trade ₹59.86 Cr ₹20.1 Cr ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories -₹23.19 Cr -₹21.26 Cr ₹3.44 Cr -₹71.68 Lakh -₹1.08 Cr ₹1.85 Cr -₹7.58 Cr
Employee Benefit Expense ₹31.82 Cr ₹29.17 Cr ₹16.41 Cr ₹13.77 Cr ₹10.91 Cr ₹10.15 Cr ₹8.74 Cr
Finance Costs ₹2.81 Cr ₹2.05 Cr ₹1.81 Cr ₹78.82 Lakh ₹13.45 Lakh ₹39.4 Lakh ₹52.85 Lakh
Depreciation & Amortisation ₹5.12 Cr ₹4.48 Cr ₹2.93 Cr ₹2.97 Cr ₹2.65 Cr ₹2.6 Cr ₹2.5 Cr
Other Expenses ₹61.01 Cr ₹45.26 Cr ₹45.29 Cr ₹39.24 Cr ₹36.84 Cr ₹47.1 Cr ₹57.8 Cr
Total Expenses ₹248.9 Cr ₹148.28 Cr ₹125.72 Cr ₹121.78 Cr ₹112.53 Cr ₹110.7 Cr ₹111.94 Cr
Profit Before Exceptional Items & Tax ₹142.5 Cr ₹54.9 Cr ₹52.58 Cr ₹42.32 Cr ₹24.52 Cr ₹38.2 Cr ₹52.7 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹142.5 Cr ₹54.9 Cr ₹52.58 Cr ₹42.32 Cr ₹24.52 Cr ₹38.2 Cr ₹52.7 Cr
Total Tax Expense ₹34.23 Cr ₹13.97 Cr ₹12.73 Cr ₹10.74 Cr ₹7.24 Cr ₹9.22 Cr ₹12.86 Cr
Net Profit ₹108.26 Cr ₹40.93 Cr ₹39.85 Cr ₹31.58 Cr ₹17.28 Cr ₹28.98 Cr ₹39.84 Cr
  attributable to Owners - - - - - - ₹39.84 Cr
  attributable to NCI - - - - - - ₹0
Other Comprehensive Income -₹11.01 Lakh -₹1.43 Cr -₹47.95 Lakh -₹12.34 Lakh ₹5.87 Lakh -₹26.22 Lakh -₹25.31 Lakh
Total Comprehensive Income ₹108.15 Cr ₹39.5 Cr ₹39.38 Cr ₹31.46 Cr ₹17.34 Cr ₹28.72 Cr ₹39.59 Cr
EBITDA (computed) ₹150.43 Cr ₹61.43 Cr ₹57.32 Cr ₹46.08 Cr ₹27.3 Cr ₹41.19 Cr ₹55.73 Cr
Basic EPS ₹0.81 ₹1.52 ₹2.98 ₹23.68 ₹12.95 ₹21.73 ₹29.87
Diluted EPS ₹0.79 ₹1.51 ₹2.97 ₹23.57 ₹12.95 ₹21.73 ₹29.87
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹553.49 Cr ₹372.05 Cr ₹319.94 Cr ₹188.83 Cr
Non-current Assets ₹168.05 Cr ₹90.13 Cr ₹58.13 Cr ₹36.06 Cr
Current Assets ₹385.44 Cr ₹281.92 Cr ₹261.81 Cr ₹152.77 Cr
Property, Plant & Equipment ₹66.97 Cr ₹66.57 Cr ₹58.05 Cr ₹36.01 Cr
Inventories ₹70.04 Cr ₹41.67 Cr ₹15.65 Cr ₹19.1 Cr
Trade Receivables ₹100.79 Cr ₹67.03 Cr ₹47.98 Cr ₹25.64 Cr
Cash & Equivalents ₹168.67 Cr ₹59.15 Cr ₹27.07 Cr ₹30.05 Lakh
Equity (Net Worth) ₹450.85 Cr ₹342.24 Cr ₹301.29 Cr ₹167.12 Cr
Equity Share Capital ₹134.47 Cr ₹26.85 Cr ₹13.42 Cr ₹13.34 Cr
Borrowings (Non-current) ₹12.17 Cr ₹0 ₹0 ₹0
Borrowings (Current) ₹38.81 Cr ₹12.63 Cr ₹12.06 Cr ₹5.97 Cr
Total Debt (computed) ₹50.97 Cr ₹12.63 Cr ₹12.06 Cr ₹5.97 Cr
Current Liabilities ₹82.82 Cr ₹21.43 Cr ₹17.01 Cr ₹20.16 Cr
Total Liabilities ₹102.64 Cr ₹29.82 Cr ₹18.65 Cr ₹21.71 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹46.12 Cr -₹11.14 Cr ₹7.84 Cr ₹32.71 Cr ₹10.24 Cr
Investing Cash Flow ₹28.09 Cr ₹44.68 Cr -₹79.84 Cr -₹21.86 Cr -₹13.49 Cr
Financing Cash Flow ₹35.3 Cr -₹1.46 Cr ₹98.77 Cr -₹10.95 Cr ₹2.66 Cr
Capital Expenditure ₹24.69 Cr ₹19.46 Cr ₹89.39 Cr ₹2.54 Cr ₹8.64 Cr
Free Cash Flow (computed) ₹21.43 Cr -₹30.59 Cr -₹81.55 Cr ₹30.17 Cr ₹1.6 Cr
Dividends Paid ₹0 ₹0 ₹4 Cr ₹7.34 Cr ₹6 Cr
Net Change in Cash ₹109.52 Cr ₹32.08 Cr ₹26.77 Cr -₹9.72 Lakh -₹59.49 Lakh
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹119.96 Cr ₹93.51 Cr ₹84.43 Cr ₹59.8 Cr ₹56.48 Cr ₹46.35 Cr ₹41.55 Cr ₹39.13 Cr ₹62.9 Cr ₹40.05 Cr ₹34.46 Cr ₹33.68 Cr
Other Income ₹12.08 Cr ₹10.89 Cr ₹5.78 Cr ₹4.94 Cr ₹4.63 Cr ₹4.41 Cr ₹5.73 Cr ₹4.89 Cr ₹2.98 Cr ₹72.81 Lakh ₹1.99 Cr ₹1.52 Cr
Total Income ₹132.04 Cr ₹104.4 Cr ₹90.21 Cr ₹64.75 Cr ₹61.11 Cr ₹50.76 Cr ₹47.29 Cr ₹44.03 Cr ₹65.88 Cr ₹40.78 Cr ₹36.45 Cr ₹35.2 Cr
Cost of Materials Consumed ₹52.93 Cr ₹19.78 Cr ₹22.42 Cr ₹16.34 Cr ₹21.98 Cr ₹18.08 Cr ₹16.13 Cr ₹12.29 Cr ₹15.64 Cr ₹13.08 Cr ₹15.25 Cr ₹11.87 Cr
Purchases of Stock-in-Trade ₹20.45 Cr ₹20.85 Cr ₹10.19 Cr ₹8.38 Cr ₹5.62 Cr ₹9.66 Cr ₹2.4 Cr ₹2.42 Cr ₹0 ₹0 ₹0 ₹0
Changes in Inventories -₹18.72 Cr -₹5.49 Cr ₹1.63 Cr -₹62.05 Lakh -₹6.6 Cr -₹10.91 Cr -₹2.76 Cr -₹99.61 Lakh ₹7.64 Cr ₹3.28 Cr -₹7.42 Cr -₹6.07 Lakh
Employee Benefit Expense ₹8.81 Cr ₹8.02 Cr ₹7.88 Cr ₹7.11 Cr ₹8.55 Cr ₹7.66 Cr ₹6.67 Cr ₹6.29 Cr ₹4.49 Cr ₹3.14 Cr ₹3.9 Cr ₹4.88 Cr
Finance Costs ₹87.24 Lakh ₹61.14 Lakh ₹70.15 Lakh ₹62.2 Lakh ₹77.74 Lakh ₹40.51 Lakh ₹63.75 Lakh ₹23.19 Lakh ₹94.11 Lakh ₹39.08 Lakh ₹7.51 Lakh ₹40.32 Lakh
Depreciation & Amortisation ₹1.27 Cr ₹1.3 Cr ₹1.3 Cr ₹1.24 Cr ₹1.26 Cr ₹1.29 Cr ₹1.17 Cr ₹75.63 Lakh ₹73.69 Lakh ₹75.2 Lakh ₹72.25 Lakh ₹71.4 Lakh
Other Expenses ₹18.97 Cr ₹16.01 Cr ₹13.91 Cr ₹12.12 Cr ₹13.48 Cr ₹10.48 Cr ₹8.83 Cr ₹12.47 Cr ₹4.22 Cr ₹8.4 Cr ₹17.51 Cr ₹15.17 Cr
Total Expenses ₹84.59 Cr ₹61.09 Cr ₹58.04 Cr ₹45.19 Cr ₹45.07 Cr ₹36.66 Cr ₹33.08 Cr ₹33.46 Cr ₹33.67 Cr ₹29.05 Cr ₹30.03 Cr ₹32.97 Cr
Profit Before Exceptional Items & Tax ₹47.45 Cr ₹43.31 Cr ₹32.18 Cr ₹19.56 Cr ₹16.04 Cr ₹14.1 Cr ₹14.2 Cr ₹10.56 Cr ₹32.21 Cr ₹11.73 Cr ₹6.42 Cr ₹2.23 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹47.45 Cr ₹43.31 Cr ₹32.18 Cr ₹19.56 Cr ₹16.04 Cr ₹14.1 Cr ₹14.2 Cr ₹10.56 Cr ₹32.21 Cr ₹11.73 Cr ₹6.42 Cr ₹2.23 Cr
Total Tax Expense ₹11.19 Cr ₹10.44 Cr ₹8.06 Cr ₹4.54 Cr ₹4.49 Cr ₹3.01 Cr ₹4.16 Cr ₹2.31 Cr ₹8.49 Cr ₹2.87 Cr ₹1.3 Cr ₹6.78 Lakh
Net Profit ₹36.26 Cr ₹32.87 Cr ₹24.12 Cr ₹15.02 Cr ₹11.55 Cr ₹11.08 Cr ₹10.04 Cr ₹8.26 Cr ₹23.72 Cr ₹8.86 Cr ₹5.12 Cr ₹2.16 Cr
Other Comprehensive Income ₹10.77 Lakh ₹0 -₹21.78 Lakh ₹0 -₹1.18 Cr ₹0 -₹24.51 Lakh ₹0 -₹14.73 Lakh ₹0 -₹33.22 Lakh ₹0
Total Comprehensive Income ₹36.37 Cr ₹32.87 Cr ₹23.9 Cr ₹15.02 Cr ₹10.37 Cr ₹11.08 Cr ₹9.79 Cr ₹8.26 Cr ₹23.57 Cr ₹8.86 Cr ₹4.78 Cr ₹2.16 Cr
EBITDA (computed) ₹49.6 Cr ₹45.22 Cr ₹34.18 Cr ₹21.43 Cr ₹18.07 Cr ₹15.79 Cr ₹16.01 Cr ₹11.55 Cr ₹33.88 Cr ₹12.88 Cr ₹7.21 Cr ₹3.34 Cr
Basic EPS ₹0.27 ₹1.22 ₹0.90 ₹0.56 ₹0.43 ₹0.41 ₹0.37 ₹0.31 ₹1.78 ₹6.65 ₹3.84 ₹1.62
Diluted EPS ₹0.26 ₹1.22 ₹0.89 ₹0.55 ₹0.42 ₹0.41 ₹0.37 ₹0.30 ₹1.77 ₹6.61 ₹3.81 ₹1.61
Latest 12 quarters shown of 22 on record.
Segment · FY 2024 (annual) Revenue Result (PBIT) Assets Liabilities
a) Male and Female Contraceptives & Jelly ₹163.93 Cr ₹46.18 Cr - -
b) In Vitro Devices (IVD) ₹3.32 Cr -₹89.14 Lakh - -
c) Others / Unallocated ₹11.06 Cr ₹7.29 Cr - -
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Shareholding Pattern of Cupid Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 46.03%, foreign institutional investors hold 1.01%, domestic institutional investors hold 0.17%, retail and other public shareholders hold 52.79% of Cupid Limited. The company had 209,610 shareholders on record.

Promoters: 46.03%DII (Domestic Institutional): 0.17%FII (Foreign Institutional): 1.01%Retail & Others: 52.79%
Mar 2026
QUARTER
46.03% Promoters
0.17% DII (Domestic Institutional)
1.01% FII (Foreign Institutional)
52.79% Retail & Others
Promoter holding - history
Now 45.95% · Mar 2026High 48.46% · Sep 2016Low 42.52% · Dec 2024
41%43.3%45.5%47.8%50%Sep 2016Dec 2018Jun 2021Dec 2023Mar 2026Sep 2016: 48.46%Dec 2016: 48.46%Mar 2017: 44.87%Jun 2017: 44.87%Sep 2017: 44.87%Dec 2017: 44.87%Mar 2018: 44.87%Jun 2018: 44.87%Sep 2018: 44.87%Oct 2018: 44.87%Dec 2018: 44.87%Mar 2019: 45.06%Jun 2019: 45.06%Sep 2019: 45.06%Dec 2019: 45.06%Mar 2020: 45.06%Jun 2020: 45.06%Sep 2020: 45.06%Dec 2020: 45.06%Mar 2021: 45.06%Jun 2021: 45.06%Sep 2021: 45.06%Dec 2021: 45.06%Mar 2022: 45.06%Jun 2022: 45.06%Sep 2022: 45.06%Dec 2022: 45.06%Mar 2023: 45.06%Jun 2023: 45.06%Sep 2023: 45.06%Dec 2023: 45.07%Mar 2024: 44.80%Apr 2024: 44.80%Jun 2024: 44.80%Sep 2024: 45.61%Dec 2024: 42.52%Mar 2025: 42.52%Jun 2025: 42.52%Sep 2025: 45.55%Dec 2025: 45.55%Mar 2026: 45.95%48.46%42.52%45.95%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters45.95%45.55%45.55%42.52%42.52%42.52%
Public54.05%54.45%54.45%57.48%57.48%57.48%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Promoters45.95%42.52%44.80%45.06%45.06%45.06%45.06%45.06%44.87%44.87%
Public54.05%57.48%55.20%54.94%54.94%54.94%54.93%54.94%55.13%55.13%
Promoter change (YoY, %pts)+3.43-2.28-0.26+0.00+0.00+0.00+0.00+0.19+0.00-

Board & Governance of Cupid Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Cupid Limited has 10 directors - 7 independent and 2 executive. The board is chaired by Aditya Kumar Halwasiya.

DirectorPositionOn board sinceListed boards
Aditya Kumar Halwasiya Executive Director · MD · Chairperson 2023-10-20 3
Ajay Kumar Halwasiya Executive Director 2024-01-23 1
Thallapaka Venkateswara Rao Non-Executive - Independent Director 2023-10-20 2
Rajinder Singh Loona Non-Executive - Independent Director 2023-10-20 3
Rajni Mishra Non-Executive - Independent Director 2023-10-20 4
Santosh Desai Non-Executive - Independent Director 2024-12-19 2
Akshay Kumar Non-Executive - Independent Director 2024-12-19 1
Smeeta Bhatkal Non-Executive - Independent Director 2024-12-19 1
Shaina Chudasama Non-Executive - Non Independent Director 2024-12-19 0
Bontha Prasada Rao Non-Executive - Independent Director 2026-02-25 4
Board Committees
CommitteeMembers
Audit Committee Thallapaka Venkateswara Rao, Rajni Mishra (Chairperson), Smeeta Bhatkal, Bontha Prasada Rao
Nomination and remuneration committee Rajinder Singh Loona (Chairperson), Thallapaka Venkateswara Rao, Santosh Desai, Rajni Mishra
Stakeholders Relationship Committee Rajinder Singh Loona (Chairperson), Aditya Kumar Halwasiya, Ajay Kumar Halwasiya
Risk Management Committee Akshay Kumar (Chairperson), Ajay Kumar Halwasiya, Aditya Kumar Halwasiya
Corporate Social Responsibility Committee Aditya Kumar Halwasiya (Chairperson), Ajay Kumar Halwasiya, Akshay Kumar, Shaina Chudasama

Charges & Borrowings of Cupid Limited

Open charges
₹191.67 Cr
Satisfied charges
₹107.48 Cr
Breakdown by lending institutions
Others₹91.67 Cr
Axis Bank Limited₹80.00 Cr
Hdfc Bank Limited₹20.00 Cr
Latest charge details
DateLenderAmountStatus
23 Jun 2026 Others ₹5.95 Cr Open
11 Mar 2026 Axis Bank Limited ₹80 Cr Open
03 Feb 2026 Hdfc Bank Limited ₹20 Cr Open
18 Dec 2025 Others ₹30 Cr Open
18 Dec 2025 Others ₹11.22 Cr Open

Total charge records: 18 View all charges

Employees and EPFO Compliance at Cupid Limited

Cupid Limited has a workforce of 153 employees as of Apr 08, 2024.

Employee count
153
Active EPFO establishments
1
Employee growth
9.29%
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Employee and EPFO history for Cupid Limited

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GST Compliance of Cupid Limited

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Credit Ratings, Litigation & Regulatory Alerts for Cupid Limited

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MSME Payment Delays by Cupid Limited

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MSME payment history for Cupid Limited

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Subsidiaries & Group Companies of Cupid Limited

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Corporate group structure for Cupid Limited

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MCA Filings & Documents of Cupid Limited

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Recent Activity on Cupid Limited

Charges
23 Jun 2026
A charge with Others amounted to Rs. 5.95 Cr with Charge ID 101320726 was registered on 23 Jun 2026.
Charges
23 Jun 2026
A charge with Hdfc Bank Limited of Rs. 20.00 Cr registered on 03 Feb 2026 with Charge ID 101254509 was modified on 23 Jun 2026.
Charges
22 Jun 2026
A charge with Others of Rs. 30.00 Cr registered on 18 Dec 2025 with Charge ID 101210079 was modified on 22 Jun 2026.
Charges
22 Jun 2026
A charge with Others of Rs. 11.22 Cr registered on 18 Dec 2025 with Charge ID 101210074 was modified on 22 Jun 2026.
Charges
22 Jun 2026
A charge with Others of Rs. 30.00 Cr registered on 18 Dec 2025 with Charge ID 101210083 was modified on 22 Jun 2026.
Directors
18 May 2026
Hardik Meghji Chandra was appointed as a Company Secretary on 18 May 2026 & has been associated with this company since 2 months 26 days.

Recent News on Cupid Limited

Cupid bags ₹14 crore order in Brazil
14 Feb 2025 · Thehindubusinessline

Frequently Asked Questions about Cupid Limited

Cupid Limited is an active public limited company in the healthcare sector based in Nasik, Maharashtra, India. It was incorporated on 17 February 1993 (33+ years old) and is registered under CIN L25193MH1993PLC070846. Listed on BSE: 530843 and NSE: CUPID. The company has 153 employees.

Cupid Limited reported revenue of ₹357.71 Cr for FY 2026 (up 94.91% YoY) based on consolidated NSE filings.

The current directors of Cupid Limited are:

The primary industry of Cupid Limited is healthcare. The company specifically operates in medical consumables and supplies. The company is currently active in this sector.

Yes. Cupid Limited is listed on both BSE (code: 530843) and NSE (symbol: CUPID).

Cupid Limited can be reached at the registered office: A – 68 M.I.D.C. Sinnar Malegaon, Nasik, Maharashtra, India – 422113, or through the website cupidlimited.com.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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