Cupid reported income from operations of Rs 188 crore within the September quarter of FY27, registering a 122% enhance from Rs 84 crore within the corresponding quarter of the earlier monetary yr. The corporate’s internet revenue for the quarter surged 133% YoY to Rs 56 crore, in contrast with Rs 24 crore in the identical quarter final yr.
Cupid raises FY27, FY28 and FY29 steering
Alongside its quarterly earnings, Cupid introduced greater income and profitability targets for the approaching monetary years, reflecting its progress ambitions.
In its alternate submitting, the corporate outlined the next steering:
- FY27: Income of Rs 880 crore or extra and internet revenue of Rs 275 crore or extra.
- FY28: Income of Rs 1,305 crore or extra and internet revenue of roughly Rs 390 crore.
- FY29: Income of Rs 1,950 crore or extra and internet revenue of roughly Rs 605 crore.
Cupid additionally reported sturdy progress throughout the first half of FY27. Its complete earnings elevated 136% YoY to Rs 365.95 crore, whereas internet revenue climbed 156% to Rs 100.37 crore.
The home enterprise contributed Rs 224.64 crore, accounting for 67% of H1FY27 gross sales, in contrast with 41% in FY26. The Client Healthcare & FMCG enterprise was a key contributor, producing Rs 166.88 crore, equal to 49% of complete gross sales. This highlights the growing scale and contribution of the corporate’s shopper portfolio.
The worldwide enterprise contributed Rs 112.73 crore, representing 33% of H1FY27 gross sales. Development was supported by institutional demand below the PFSCM settlement and provides below South Africa’s 2025-30 nationwide programme. Value revisions carried out throughout the export portfolio have been additionally mirrored in realisations all through the primary half.EBITDA for H1FY27 stood at Rs 114.83 crore, registering 156% YoY progress. The corporate continues to give attention to strengthening its product combine, enhancing sourcing efficiencies and leveraging scale advantages as its Client Healthcare & FMCG enterprise expands throughout organised retail channels.
Cupid expects H2FY27 to be considerably stronger than H1FY27, supported by extra manufacturing capability and enlargement in its retail distribution community.
The corporate’s Palava facility is predicted to be commissioned in Q3FY27, including manufacturing capability. It additionally expects provides to start throughout V2 Retail’s greater than 425 shops, alongside an increasing presence within the Model Baazar community.
Cupid share value efficiency and technical indicators
Cupid shares have delivered a large rally of roughly 577% over the previous yr. The inventory presently instructions a market capitalisation of round Rs 48,407 crore.
In line with Trendlyne technical knowledge, Cupid is buying and selling above all eight of its key easy shifting averages (SMAs), indicating energy throughout a number of technical timeframes.
Promoters, FIIs and mutual funds enhance stake
The September 2026 quarter shareholding sample confirmed that promoters, overseas institutional traders (FIIs) and mutual funds elevated their holdings in Cupid in contrast with the earlier quarter.
- Promoters: Elevated their stake to 47.69% in September 2026 from 46.24% in June 2026.
- FIIs: Raised their holding to 4.69% from 4.17%.
- Mutual funds: Elevated their stake to 0.57% from 0.33%.
The rise in promoter and institutional shareholding, alongside sturdy earnings progress and better monetary steering, provides to the important thing developments protecting Cupid shares in focus.
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