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Multibagger stock: Cupid shares jump 10% as profit soars 133% in Q2 results 2026; already up 262% in 2026 — What's next?

Published by Mint · India 48 min ago
Multibagger stock: Cupid shares jump 10% as profit soars 133% in Q2 results 2026(Photo: AI generated )
Multibagger stock: Cupid shares jump 10% as profit soars 133% in Q2 results 2026(Photo: AI generated ) · Mint

Detailed summary

Cupid shares surged 10% to a 52-week high after strong Q2 FY27 results. First-half net profit rose 156% and revenue climbed 137%, supported by growing domestic consumer healthcare and FMCG sales. The firm raised its FY27–FY29 targets, while expanding retail partnerships are expected to boost growth.

Cupid share price surged 10% to touch all-time high of ₹389 apiece on the BSE, on Thursday, 12 November, after the company reported a strong set of Q2 FY27 results, driven by robust growth in its domestic consumer healthcare and FMCG operations, along with steady demand in international markets.

The company’s consolidated net profit more than doubled to ₹56.22 crore in the September quarter, marking a 133% year-on-year increase from ₹24.13 crore in Q2 FY26. Revenue from operations climbed 122% to ₹187.86 crore.

For the first half of FY27, Cupid’s net profit rose 156% year-on-year to ₹100.37 crore, compared with ₹39.14 crore in the corresponding period last year. Revenue increased 137% to ₹342.58 crore.

EBITDA for H1 FY27 stood at ₹114.83 crore, up 156% from a year earlier. In Q2, EBITDA came in at ₹54.77 crore, with an operating margin of 29%.

A key contributor to Cupid’s performance was the expanding share of its domestic consumer healthcare and FMCG operations. The domestic business generated ₹224.64 crore in H1 FY27, accounting for 67% of total sales, compared with 41% in FY26.

Within this, the Consumer Healthcare and FMCG segment contributed ₹166.88 crore, or 49% of first-half sales, reflecting the growing scale of the company’s consumer portfolio.

The international business accounted for the remaining ₹112.73 crore, contributing 33% of H1 FY27 sales. Demand from institutional customers, including supplies under the PFSCM agreement and South Africa’s 2025–30 national programme, supported the segment.

Cupid also benefited from price revisions across its export portfolio, which helped improve realisations during the first half. The company said it remains focused on strengthening its product mix, improving sourcing efficiencies and gaining economies of scale as it expands its consumer business through organised retail channels.

Cupid is stepping up its push into India's organised retail market through partnerships with established retail chains.

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