Cupid logo

Cupid share price

NSE: CUPIDBSE: 530843Personal ProductsSmall Cap

Last close ₹306.45down ₹13.60 (4.25%)BSE ₹306.50

Share price at the NSE close on 23 Oct 2026. Previous close ₹320.05.

52-week range of traded prices to 23 Oct 2026
₹45.40Low, 24 Oct 2025₹368.95High, 12 Oct 2026
Market cap
₹41,207 Cr450th largest listed
P/E
300.4
P/B
91.4
Dividend yield
Nonein the last 12 months
ROE
34.6%
ROCE
30.9%
Debt to equity
0.11
Volume, NSE
1,92,47,93535.5% delivered

Share price

Daily closes since Jan 2007, BSE closes Jan 2007 to Sep 2016, adjusted for splits and bonuses

+535.8%over a year · Nifty Smallcap 100 −3.0% · Nifty 500 −9.8%

ResultsSplit, bonus, rights or demerger20-session average 2,45,05,653 shares a day, 29.7% delivered

Results

Standalone, as consolidated accounts are on record for only 2 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 7 Aug

Revenue
₹155 Crup 28.97%
Net profit
₹44 Crup 21.78%
Net margin
28.5%

Revenue by year

Peak revenue ₹358 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 13 NovDec 2024Filed 20 FebMar 2025Filed 12 JunJun 2025Filed 8 AugSep 2025Filed 12 NovDec 2025Filed 29 JanMar 2026Filed 15 MayJun 2026Filed 7 Aug
Revenue424656608494120155
Net profit1011121524333644
Net margin24.2%23.9%20.5%25.1%28.6%35.1%30.2%28.5%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Personal Care, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 99% of 2,333 trading days since May 2017.

LowestHighest
Its median15.3Industry median33.9
Price to book

At or below today's level on 99% of 1,971 trading days since Nov 2018.

LowestHighest
Its median2.8Industry median5.5
EV to EBITDA256.2

At or below today's level on 99% of 1,971 trading days since Nov 2018.

LowestHighest
Its median11.6Industry median23.5
Dividend yield

At or below today's level on 21% of 2,480 trading days over the last 10 years.

LowestHighest
Its median1.40%Industry median2.51%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+563.4%+166.4%+149.0%0.0%
3 years+220.2%+50.7%+112.5%0.0%
5 years+109.5%+30.1%+60.4%0.8%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters47.69%
  • Foreign institutions4.69%
  • Indian institutions1.20%
  • Individuals and others46.42%
Holder
ADITYA KUMAR HALWASIYAPromoter34.71%
COLUMBIA PETRO CHEM PRIVATE LIMITEDPromoter12.95%
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRSInvestor education fund3.69%
SETU SECURITIES PVT LTDCompanies2.78%
CLIFF TREXIM PRIVATE LIMITEDCompanies2.75%
VEENA GARGResident individuals, over ₹2 lakh at face value2.64%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

45 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 8 of the 8 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.Mutual fund holdings

Bought for the first time
36
Added
2
Cut
6
Held unchanged
1
Sold out
1
Fund
Kotak Mahindra Mutual Fund logoKotak Nifty Alpha 50 ETFKotak Mahindra Mutual Fund24,19,3158.46%₹75.4 Cr
Bandhan Mutual Fund logoBandhan Nifty Alpha 50 Index FundBandhan Mutual Fund14,11,1587.35%₹44.0 Cr
Nippon India Mutual Fund logoNippon India Nifty Smallcap 250 Index FundNippon India Mutual Fund10,43,4240.94%₹32.5 Cr
HDFC Mutual Fund logoHDFC Nifty Smallcap 250 ETFHDFC Mutual Fund8,18,7650.94%₹25.5 Cr
SBI Mutual Fund logoSBI Nifty Smallcap 250 Index FundSBI Mutual Fund5,30,0410.94%₹16.5 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Nifty Smallcap 250 Index FundMotilal Oswal Mutual Fund3,75,9810.94%₹11.7 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Nifty Smallcap 250 Index FundICICI Prudential Mutual Fund2,37,6690.94%₹7.41 Cr
HDFC Mutual Fund logoHDFC Nifty Smallcap 250 Index FundHDFC Mutual Fund2,27,9320.94%₹7.10 Cr
Kotak Mahindra Mutual Fund logoKotak Nifty Alpha 50 Index FundKotak Mahindra Mutual Fund1,51,2488.51%₹4.71 Cr
Jio BlackRock Mutual Fund logoJioBlackRock Nifty Smallcap 250 Index FundJio BlackRock Mutual Fund1,18,9400.94%₹3.71 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Personal Care, 21 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Cupid in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Godrej Consumer Products logoGodrej Consumer ProductsGODREJCP87,63145.86.927.9+9.2%+3.2%15.5%17.7%2.34%
Dabur India logoDabur IndiaDABUR64,39532.75.625.7+7.4%+10.7%17.7%15.9%2.27%
Colgate Palmolive (India) logoColgate Palmolive (India)COLPAL43,65432.127.022.0+8.7%+2.7%85.1%109.0%2.99%
Gillette India logoGillette IndiaGILLETTE23,52735.224.924.2––67.8%93.5%3.32%
Procter & Gamble Hygiene and Health Care logoProcter & Gamble Hygiene and Health CarePGHH22,15428.029.420.1––106.1%137.6%3.74%
Emami logoEmamiEMAMILTD16,01621.45.516.1+2.8%−8.5%26.6%26.3%2.68%
Honasa Consumer logoHonasa ConsumerHONASA14,07856.610.046.1+21.1%+237.4%19.2%18.2%0.69%
Bajaj Consumer Care logoBajaj Consumer CareBAJAJCON5,18520.75.817.2+28.5%+83.8%32.5%31.4%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹0.05 a share, year to Mar 2023.
Ex-dateTypePer share
18 Sep 2023Final₹3.00
24 Nov 2022Interim₹2.00
19 Sep 2022Final₹3.50
25 Nov 2021Interim₹1.00
17 Sep 2021Final₹3.50
19 Nov 2020Interim₹1.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Cupid share price by year

Each calendar year to 2025.Cupid share price history

YearClose at year endChangeHighest closeLowest close
2025103.62+584.3%103.6211.50
202415.14+35.1%27.3311.36
202311.20+307.0%11.202.40
20222.75+23.6%3.441.99
20212.23−9.2%2.662.07
20202.45+11.4%2.871.26
20192.20+37.8%2.211.05
20181.60−36.5%3.481.44
20172.52−0.1%2.822.11
2016BSE close2.52−29.2%3.601.99
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026320.85324.70302.30306.45309.191,92,47,93535.5%
22 Oct 2026338.70341.40316.00320.05326.712,13,15,26431.9%
21 Oct 2026336.50343.65322.00340.75336.312,05,30,13726.9%
19 Oct 2026353.70358.00333.70336.30341.972,26,80,45235.6%
16 Oct 2026353.00357.65348.00353.70351.951,53,86,84425.4%
15 Oct 2026355.00358.45346.10352.50352.191,17,57,82831.5%
14 Oct 2026353.10364.00351.05354.60357.911,09,80,02131.5%
13 Oct 2026361.85362.90345.65353.10351.751,78,24,41128.2%
12 Oct 2026368.00368.95355.85361.80361.451,93,94,56727.9%
9 Oct 2026358.65368.00331.00366.10361.413,37,20,16520.9%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
9 Mar 2026Bonus0.2000Holders received 4 bonus shares for every 1 held.
4 Apr 2024Bonus0.5000Holders received 1 bonus share for every 1 held.
4 Apr 2024Split0.1000Each share became 10.
11 Oct 2018Bonus0.8333Holders received 1 bonus share for every 5 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

About Cupid

Cupid Limited manufactures and exports male condoms, female condoms, water based lubricants and in vitro diagnostic (IVD) test kits. It supplies to more than 110 countries, and its institutional customers include government agencies and international health bodies such as WHO and UNFPA. Its male condoms are available in various flavours, colours and ultra-thin options, and every condom is electronically tested for leaks, thickness and strength. Its long-standing tender business is in South Africa, Tanzania, Ethiopia and Kenya, and its female condoms are supplied in Brazil's national health programme.

The business has an institutional side and a consumer side. The consumer business sells in India and began in the year to March 2024, when the company expanded beyond institutional buyers into personal care products such as toilet seat sanitisers, menstrual cups and hair removal sprays. These are distributed through general trade, modern retail and e-commerce, including Amazon, Flipkart and BigBasket, with more than 1.20 lakh retail touchpoints, over 55 super stockists and over 850 distributors.

Its manufacturing facility is at Sinnar, Nashik, Maharashtra. It spans over 100,000 square feet and makes condoms, lubricants and IVD kits. The company has acquired land in Palava, Maharashtra, where a new production facility is under construction. It also has a subsidiary in the United Arab Emirates.

It was incorporated in 1993. Aditya Kumar Halwasiya is its Chairman and Managing Director.

Written from the annual report for the year to Mar 2025. A newer annual report was filed on 5 Oct 2026.

Legal name
Cupid Limited
NSE symbol
CUPID
BSE code
530843
ISIN
INE509F01029
Industry
Personal Products
Listed
Jul 1995 on BSE, Sep 2016 on NSE
Face value
₹1
CIN
L25193MH1993PLC070846
Corporate identity number, the registrar of companies' code for it