Cupid’s share price surged as much as 10% on November 12, 2026, reaching a record high of ₹389 on the NSE. The rally marked the stock’s fourth consecutive session of gains after the company announced strong Q2 FY27 results and upgraded its financial outlook.
The stock opened nearly 2% higher at ₹360 before climbing further. Around 11:54 AM, it traded at ₹383.75, up ₹29.75 or 8.40%. Trading activity was also strong, with nearly 29 million shares worth approximately ₹1,067.80 crore changing hands during the first 45 minutes.
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Cupid Q2 FY27 Results
Cupid reported a 133% year-on-year increase in net profit to ₹56.22 crore for the September quarter, compared with ₹24.13 crore in Q2 FY26.
Revenue from operations jumped 122% to ₹187.86 crore, while total income increased 132% to ₹208.97 crore. EBITDA rose 92% to ₹54.77 crore. Additionally, the net profit margin improved to 30%.
Cupid H1 FY27 Performance
During the first half of FY27, Cupid’s total income grew 136% year-on-year to ₹365.95 crore. Net profit also climbed 156% to ₹100.37 crore.
The domestic business generated ₹224.64 crore, contributing 67% of H1 revenue. Meanwhile, international operations accounted for ₹112.73 crore, or 33% of sales, supported by institutional orders and export demand.
Cupid Raises FY27–FY29 Financial Targets
Following its strong performance, Cupid upgraded its revenue and profit targets:
- FY27: Revenue of more than ₹880 crore and net profit above ₹275 crore.
- FY28: Revenue exceeding ₹1,305 crore and net profit of around ₹390 crore.
- FY29: Revenue above ₹1,950 crore and net profit of approximately ₹605 crore.
These revised targets reflect the company’s expansion plans and expectations for business growth.
New Manufacturing Facility and V2 Retail Partnership
Cupid’s new 1,70,000-square-foot manufacturing facility at Palava, Maharashtra, is expected to begin operations in Q3. Once fully operational, the facility could increase annual production capacity to approximately 1.25 billion male condoms and 125 million female condoms.
The company also expects its partnership with V2 Retail to generate at least ₹400 crore in revenue over the next 12 months.
Cupid Share Price Performance
Cupid has delivered significant returns in 2026. According to the figures reported in the source, the stock gained approximately 258% year-to-date and more than 570% over the previous year.
Market expert Avinash Gorakhshar attributed the rally to capacity expansion, growth in domestic and export markets, entry into higher-margin in-vitro diagnostics (IVD) medical kits, and improving earnings.
These have boosted investor confidence and driven strong trading momentum.
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Disclaimer: This article is for informational and educational purposes only. It is not investment advice or a recommendation to buy or sell Cupid shares. Stock prices can fluctuate, so investors should conduct their own research or consult a qualified financial adviser.
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