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Cupid shares jump 6% after raising FY27 revenue and profit targets
The company lifted FY27 revenue guidance to ₹725–750 crore and net profit to ₹210–225 crore after strong June quarter growth, including EBITDA margin of 39%.
Cupid Ltd. shares rose 6% in Wednesday trading, settling at ₹273.85, after the company raised its FY27 revenue and profit outlook at its 33rd Annual General Meeting, pointing to steady growth across its global healthcare and Bharat consumer businesses, LiveMint Markets reported.
In the June quarter, Cupid said total income climbed 142% year-on-year to ₹157 crore, while profit after tax increased 194% to ₹44 crore, with an EBITDA margin of 39%. The company cited a robust order pipeline and momentum across both business engines as the basis for the upgrade.
Cupid upgraded FY27 guidance to revenue of ₹725–750 crore and net profit of ₹210–225 crore, according to its exchange filing. For the medium term, the company targets revenue of ₹1,085 crore in FY28 and ₹1,500 crore in FY29.
The company also outlined growth initiatives including a wider distribution network across Bharat, increased consumer product contributions, new manufacturing capacity, global tender opportunities, and an expanding international healthcare and manufacturing platform. It said exports reached ₹208 crore in FY26, accounting for nearly 60% of revenue across more than 125 countries, and added that a 170,000-square-foot Palava facility is scheduled for commissioning in the next quarter.