Cupid Share Price, Stock Analysis & Company Profile
Cupid Limited is a leading global player in the sexual wellness and healthcare sector, specialising in the manufacturing and supply of male and female condoms, lubricants, and In-Vitro Diagnostic (IVD) kits. Recognised for its world-class manufacturing standards, the company is the first in the world to obtain WHO/UNFPA pre-qualification for both male and female condoms.
This page serves as a comprehensive hub for investors seeking an in-depth Cupid stock analysis, providing essential financial data and corporate history to monitor the Cupid share price trends effectively.
About Cupid Limited
Founded in 1993 and headquartered in Nashik, Maharashtra, Cupid Limited has evolved from a local manufacturer into a globally relevant healthcare platform. The company operates a state-of-the-art facility with an annual capacity of over 480 million male condoms and 52 million female condoms.
Cupid is a significant supplier to global health organisations, including the WHO, UNFPA, and various international NGOs, exporting to over 100 countries. In recent years, the company has aggressively diversified into the FMCG wellness segment and the diagnostics market, further strengthening its revenue base beyond core contraceptives.
Cupid Limited Business Model
The company operates a hybrid business model that combines stable, long-term B2B institutional contracts with a fast-scaling B2C consumer vertical.
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Institutional Sales (B2B): A primary revenue driver involving large-scale tenders from global health bodies and governments for public health programmes.
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Consumer Wellness (B2C): Under its branded FMCG vertical, Cupid offers personal care products, including hair removal sprays, perfumes, and hygiene products, across a nationwide retail network.
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Diagnostics (IVD): The company manufactures and markets diagnostic kits for HIV, Hepatitis, and pregnancy, leveraging its medical-grade manufacturing expertise.
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Global Export Focus: Approximately 70–80% of the company's revenue is derived from international markets, particularly in Africa, the GCC region, and Southeast Asia.
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Asset-Light & Efficient: Cupid maintains a strong debt-free status, focusing on high-margin products like female condoms and specialized IVD kits.
Cupid Limited Listing and IPO Details
Cupid Limited has been a steady performer on the Indian bourses since the mid-1990s, offering consistent value to long-term shareholders.
- Incorporation Year: 1993
- Listing Exchanges: BSE and NSE
- NSE Symbol: CUPID
- BSE Scrip Code: 530843
- Face Value: Rs 1 per share (Post-split)
- ISIN: INE509F01029
Cupid Limited Corporate Action History
Cupid Limited is well-known for its proactive corporate actions, frequently rewarding its investors through bonus issues, stock splits, and consistent dividends.
Bonus Share History
The company has a prolific history of issuing bonus shares to reward loyalty and improve market participation.
Stock Split History
Cupid has adjusted its face value to enhance the affordability of the Cupid share price for retail investors.
Note: In April 2024, the company provided a "Double Reward" by executing a 1:1 bonus alongside a 10:1 stock split.
Dividend History
The company has declared over 20 dividends since 2015, reflecting its strong cash-flow generation.
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2023: Final Dividend of Rs 3.00 per share.
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2022: Interim Dividend of Rs 2.00 per share and Final Dividend of Rs 3.50 per share.
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Trend: Cupid typically maintains a healthy dividend payout ratio, rewarding shareholders twice a year during periods of strong profitability.
Investor Resources Available on This Page
Retail investors can conduct a professional Cupid stock analysis using the following updated resources available in our tables:
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Price Chart: Visualise the historical growth and recent volatility of the Cupid share price. (data delayed by 15 minutes)
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Company Ratios: Access critical metrics such as PE ratio, ROE, ROCE, and Operating Profit Margins.
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Quarterly Results: Stay updated with the latest revenue growth, particularly from the new FMCG and IVD segments.
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Balance Sheet: Examine the company's debt-free status and rising cash reserves.
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Shareholding Pattern: Monitor the stakes held by the Promoters, FIIs, and the significant retail participation.
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Pros & Cons: A simplified analysis of the company's global certifications (WHO/UNFPA) versus geopolitical export risks.
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Annual Reports: Download official company filings and investor presentations directly from this page.
Frequently Asked Questions (FAQs)
Q1. What is the latest Cupid share price?
The updated market price is displayed at the top of this page. Note that the data from NSE and BSE is subject to a 15-minute delay.
Q2. When was the last Cupid bonus issue?
The most recent bonus issue was in March 2026, where the company issued 4 bonus shares for every 1 share held.
Q3. Did Cupid ever split its shares?
Yes, Cupid split its stock in April 2024, reducing the face value from Rs 10 to Rs 1 per share.
Q4. Is Cupid Limited a debt-free company?
Yes, Cupid has maintained a debt-free balance sheet for several years, which is a key highlight of its financial stability.
Q5. Who are the promoters of Cupid Limited?
The company is currently led by Chairman and MD Aditya Kumar Halwasiya, following a significant management change in 2023.
Q6. What is the face value of Cupid shares?
The current face value of each equity share is Rs 1.
Q7. Where can I find the latest Cupid Annual Report?
You can easily download the latest Annual Reports and investor presentations from the "Reports" or "Documents" section available on this page.