Cupid rebounds 6% after sharp fall as upgraded FY27 guidance boosts sentiment

Shares of Cupid rebounded sharply on Thursday, climbing 5.5% to Rs 208 on the NSE after tumbling nearly 12% in the previous session. The recovery reflected renewed investor confidence, supported by the company's strong business momentum and an upgraded growth outlook.The stock created excitement earlier in Wednesday’s session by touching a fresh 52-week high of Rs 226 per share on the NSE. However, profit booking emerged at higher levels, dragging the stock down by 11.94% to close at Rs 194.70.

Despite the recent volatility, Cupid shares have remained strong performers in the market. The stock has gained more than 40% in the last one month, while its three-month performance delivered a remarkable return of over 114%, placing it among notable multibagger performers.

Cupid recently reported one of the strongest quarterly performances in its history. In its Q1 FY27 business update, the company highlighted that it is on track to deliver quarterly revenue exceeding Rs 150 crore, marking a strong start to the financial year and reflecting continued business momentum.


Buoyed by strong execution, improving market visibility, and expanding opportunities across domestic and international markets, the company’s management revised its FY27 revenue outlook upward by at least 10%.

Cupid has raised its FY27 revenue guidance, now targeting revenue of Rs 660 crore+ compared with its earlier guidance of Rs 600 crore.

The revised outlook reflects increasing confidence in Cupid’s diversified business model, expanding global opportunity pipeline, and growing scale across healthcare, personal care, and wellness segments.

Commenting on the company’s performance, Aditya Kumar Halwasiya, Chairman and Managing Director of Cupid Limited, said the strong start to FY27 reflects the transformation the company achieved over the past few years.

The company highlighted strong momentum in its international B2B business, supported by increasing opportunities in private markets, institutional procurement, and government tenders globally. Cupid also said its strategic relationship with PFSCM started on an encouraging note, strengthening its position in global healthcare procurement.

Over the past year, Cupid expanded its Male Condom and Female Condom businesses through enhanced manufacturing capabilities, customer acquisition initiatives, and wider market reach. The company’s lubricants portfolio also continued to gain traction across institutional and consumer segments.

On the consumer front, Cupid is focusing on building itself as a trusted personal care and wellness brand in India, with expansion plans across modern trade, organised retail, and pharmacy channels.

Strong order book supports long-term growth story
Cupid enters the rest of FY27 with one of the strongest order books and opportunity pipelines in its history, according to the company. With rising global demand, diversified business verticals, expanding manufacturing capabilities, and continued investments in healthcare, personal care, and wellness, the company believes it is entering a new phase of sustainable growth.

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Management expects multiple business segments to contribute meaningfully to revenue and profitability in the coming years, strengthening Cupid’s long-term growth prospects.

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