Cupid Q3 update: Company expects December quarter to be best-ever, guides for over Rs 335 cr FY26 revenue

Contraceptives manufacturer Cupid, whose stock slumped 20% on Friday, said Q3 FY26 is likely to be its best-performing quarter so far, aided by sustained demand momentum and smooth operational execution. The smallcap company added that its order book is at a record high, offering strong revenue visibility for the coming quarters, according to its December quarter update.

FY26 outlook

The company further said that it remains confident of exceeding its earlier FY26 guidance of Rs 335 crore in revenue and Rs 100 crore in PAT, supported by operating efficiencies, stable demand, and execution progress.


On capacity expansion, Cupid said the work at Maharashtra's Palava facility continues as scheduled, in line with the company’s broader roadmap.

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"Cupid’s FMCG portfolio continues to see growing demand across India, supported by expanding retail presence in the personal care and wellness categories. Recently launched products such as Petroleum Jelly, Face Wash, and Talcum Powder have received encouraging consumer response," the filing to the exchanges said.

Following the company board’s in-principle approval on December 29, 2025, the proposed FMCG manufacturing facility in Saudi Arabia is intended to support regional demand and improve supply timelines across the GCC and nearby export markets, the company said, adding that the project is targeted for completion by March 2027.

Shares of Cupid plunged 20% today amid profit booking after an unbeaten 13-day rally that saw the stock surge 34%. The price action occurred with strong volumes as more than 2 crore shares changed hands on exchanges.

Read more: Cupid shares plunge 20% on profit booking, end 13-session unbeaten rally

The Aditya Kumar Halwasia-promoted company hit a 52-week high of Rs 526.95 on Thursday.

Halwasia is an Indian investor with a stake in Tourism Finance Corporation of India Ltd (TFCIL) and is also the Chairman and Managing Director of Cupid. He recently bought 38 lakh shares in The Karnataka Bank for Rs 71 crore.

The multibagger stock has been in great form, delivering returns of 452% over a 1-year period.

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