Cupid Ltd
Cupid Ltd is expanding fast, with FY27 revenue guidance raised to ₹800 crore and net profit guidance to ₹250 crore (Business Today, 1 Oct). Its ₹332 crore Baazar Style Retail investment is still to deliver, with ₹150 crore of revenue expected this fiscal (The Hindu BusinessLine, 23 Sept).
What it means Condom and wellness rivals face a Cupid Ltd with distribution across 280-plus value-retail stores.
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Background
From 7 stories, the newest dated 1 Oct 2026. Summary written 10 Oct 2026.
Cupid Ltd is a consumer healthcare and FMCG company whose shares reached a record Rs 310.65 in September 2026. [1] source: Business Today
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Its consumer business generated about ₹122 crore in FY26, and new capacity is due next quarter. [2] source: Mint Its Palava facility is due to be operationalised imminently. [3] source: Business Today
Cupid reported FY26 total income of ₹391 crore and profit after tax of ₹108 crore. [4] source: Outlook Business Its Q1 FY27 net profit was Rs 44.15 crore, up 194 per cent YoY. [1] source: Business Today In September 2026, its FY27 guidance stood at ₹725–750 crore revenue and ₹210–225 crore net profit. [2] source: Mint In October 2026, Cupid raised FY27 revenue guidance to Rs 800 crore and net profit guidance to Rs 250 crore. [3] source: Business Today Cupid joined the Nifty Smallcap 250 on September 30. [5] source: Mint
In September 2026, Cupid approved conversion of up to 30 lakh warrants into Baazar Style Retail equity shares at Rs 328.25 per share. [6] source: Business Today Its approved transaction with Baazar Style Retail is ₹331.53 crore, and the retailer had more than 280 stores at the AGM. [4] source: Outlook Business Cupid expects Baazar Style Retail to contribute ₹150 crore this fiscal, rising to ₹500 crore annually over coming years. [7] source: The Hindu BusinessLine Cupid also made a $5 million follow-on investment in GII Healthcare Investment. [7] source: The Hindu BusinessLine
Sources
Questions about Cupid Ltd
How fast is Cupid Ltd growing in India?
Cupid reported Q1 FY27 net profit of Rs 44.15 crore, up 194 per cent YoY, and Q1 FY27 total income of ₹157 crore, up 142% YoY. [1] source: Business Today[2] source: Mint
What is Cupid Ltd's current strategy in India?
In September 2026, Cupid approved converting up to 30 lakh Baazar Style Retail warrants at Rs 328.25 per share. In October 2026, it raised FY27 revenue guidance to Rs 800 crore and net profit guidance to Rs 250 crore. [3] source: Business Today[6] source: Business Today
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