PNN

Mumbai (Maharashtra) [India], April 1: Cupid Limited (BSE: 530843 | NSE: CUPID), a premier manufacturer and brand of premium male and female condoms, water based personal lubricants, IVD kits, deodorants, perfumes, almond hair oil, face wash, petroleum jelly and other FMCG Products, announced its strongest quarterly performance in the Company's history, driven by robust growth across key business segments.

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Cupid Limited is set to comfortably surpass its FY26 annual guidance of ₹335 Cr in revenue and ₹100 Cr in net profit, supported by strong execution, improving operating leverage, and sustained demand momentum.

Providing an outlook on future growth, Cupid Limited indicated strong visibility ahead, with expectations of achieving:

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- Revenue of atleast ₹600 Cr in FY27

- Net profit margin in excess of 30%

The Company continues to operate from a position of strength, supported by

- Adequate raw material inventory, ensuring no near-term challenges from crude-derived inputs, with visibility secured for the next six months

- Favorable currency environment, with steady USD-INR tailwinds supporting export realizations

- Strong export growth outlook, with increasing traction across international markets expected to drive the next phase of expansion

Commenting on the performance, Mr. Aditya Kumar Halwasiya, Chairman & Managing Director, said, "We are pleased to report a record-breaking quarter, with performance exceeding our annual guidance on both revenue and profitability. This reflects the strength of our business model, disciplined execution, and growing global demand for our products.Looking ahead, we are confident of sustaining this growth momentum. With strong export tailwinds, stable input costs, and a well-secured raw material position, we are well positioned to scale our operations meaningfully over the coming years.Our focus remains on driving consistent growth, improving margins, and strengthening our global footprint as we work towards building a resilient, high-quality business."

The detailed financial results for the quarter and year ended March 31, 2026 will be announced following approval by the Board of Directors.

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