Cupid Limited
Cupid Limited designs, manufactures, markets, and exports male and female condoms in India. The company offers water based lubricant jellies; in vitro diagnostic kits, including rapid diagnostic, viral transport medium, typhoid antibody, syphilis antibody, HIV 1 and 2 kit antibody, dengue IgG/IgM, malaria Pf-Pv and Pf-PAN antigen, hepatitis B (HbsAg) antigen, hepatitis C (HCV) antibody, pregnancy detection testing kit, LH ovulation testing kit, and dengue NS1 testing kit; and personal care products including deodorants, perfumes, toilet sanitizers, menstrual cups, petroleum jelly, hair and body oils, and hair removal sprays. It also exports its products to countries in Africa, Europe, Asia-Pacific, North America, Middle East, and South America. The company was formerly known as Cupid Condom Limited and changed its name to Cupid Limited in January 2006. The company was incorporated in 1993 and is based in Nashik, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Operating margin of 29.7% exceeds Consumer Staples median (14.1%)
Concerns1
- Valuation elevated β PE of 191.0x is 131% above Consumer Staples median of 82.8x
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ183.00 Cr | β | βΉ41.00 Cr | β | β | 12.0% | 6.4% | 2.5% |
| Mar 2024 | βΉ172.00 Cr | β | βΉ40.00 Cr | β | β | 13.3% | 8.2% | 25.0% |
| Mar 2023 | βΉ159.00 Cr | β | βΉ32.00 Cr | β | β | 19.2% | 19.5% | 88.2% |
| Mar 2022 | βΉ133.00 Cr | β | βΉ17.00 Cr | β | β | 12.0% | -7.0% | -41.4% |
| Mar 2021 | βΉ143.00 Cr | β | βΉ29.00 Cr | β | β | 22.1% | -10.6% | -27.5% |
| Mar 2020 | βΉ160.00 Cr | β | βΉ40.00 Cr | β | β | 38.8% | 88.2% | 166.7% |
| Mar 2019 | βΉ85.00 Cr | β | βΉ15.00 Cr | β | β | 19.7% | 4.9% | -11.8% |
| Mar 2018 | βΉ81.00 Cr | β | βΉ17.00 Cr | β | β | 25.8% | -3.6% | -19.0% |
| Mar 2017 | βΉ84.00 Cr | β | βΉ21.00 Cr | β | β | 38.9% | 37.7% | 31.3% |
| Mar 2016 | βΉ61.00 Cr | β | βΉ16.00 Cr | β | β | 44.4% | 38.6% | 100.0% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 267 |
| Total Expenses | 177 |
| EBIT / Operating Profit | 89 |
| OPM % | 34% |
| Other Income | 0 |
| Finance Costs | 3 |
| Depreciation & Amortisation | 5 |
| Profit Before Tax | 82 |
| Tax % | - |
| Net Profit / PAT | 62 |
| EPS (βΉ) | 2.30 |
| Dividend Payout % | - |
Peer Comparison
Consumer Staples sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Cupid Limitedthis co. | βΉ11.78 K Cr | βΉ183.00 Cr | 191.00 | 30.92 | 202.92 | 6.4% |
| Hindustan Unilever Ltd. | βΉ5.61 L Cr | βΉ61.47 K Cr | 53.40 | 11.49 | 37.10 | 1.7% |
| ITC Ltd | βΉ4.19 L Cr | βΉ69.32 K Cr | 21.10 | 6.11 | 15.06 | 10.7% |
| Nestle India Ltd. | βΉ2.55 L Cr | βΉ20.20 K Cr | 85.10 | 55.65 | β | -17.2% |
| Varun Beverages Limited | βΉ1.69 L Cr | βΉ14.56 K Cr | 64.60 | 9.38 | β | 13.6% |
| Britannia Industries Ltd. | βΉ1.43 L Cr | βΉ17.30 K Cr | 62.00 | 43.51 | 43.95 | 6.9% |
| Godrej Consumer Products Ltd. | βΉ1.27 L Cr | βΉ8.91 K Cr | 97.10 | 15.72 | 83.11 | 5.9% |
| Industry Average | β | βΉ9.28 K Cr | 82.79 | 12.12 | 49.12 | 9.9% |