Cupid Ltd

Cupid Ltd Reports Record Growth 📈 | Order Book Hits All-Time High

- Total income grew 106% YoY to ₹104.38 crore in Q3 FY26

- Operating income increased 102% YoY to ₹93.50 crore

- EBITDA margin improved by 1,212 basis points to 37%

- Record-high order book driven by long-term international public health programs

- 5-year South Africa program with annual allocation of ~₹115 crore for condoms

- Export business serves over 125 markets, with growth in South Africa, Tanzania, Brazil, Kenya, Ethiopia, Philippines, CIS, EU, and Middle East

- Domestic FMCG business expanded to 58+ super stockists, 1,050+ distributors, and 150,000+ retail outlets

- Setting up FMCG manufacturing facility in Saudi Arabia to serve GCC and Middle East markets

- Diagnostics business currently produces 150,000+ kits/day, targeting 400,000 kits/day by end-2026

- Exceeding FY26 revenue guidance of ₹335 crore and net profit of ₹100 crore

- Momentum expected to continue into FY27