Healthcare Stock Cupid Shows Resilience Amid Market Turbulence

Cupid Share Price Surges Amid Strong Quarterly Performance

The share price of Cupid surged by 3.4% on Monday, 18 May, following the company's announcement of its robust quarterly performance for Q4 FY26. This quarter, which ended on 31 March 2026, was fueled by effective execution, persistent demand trends, and enhanced traction in key business sectors.

The company has entered FY27 with strong business momentum, bolstered by a solid order book, improved execution clarity, and ongoing demand across various markets. This confidence in continued growth is reflected in the company's key financial metrics.

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The company achieved significant growth in its key financial metrics, with a 26% year-over-year increase in total consolidated income and a 28% increase in operating income. Additionally, the company's EBITDA increased by 9% year-over-year, while profit before tax (PBT) rose 10% to ₹47.45 crore. The net profit for the quarter grew 10% year over year to ₹36.26 crore, indicating consistent operational growth and enhanced business momentum.

Cupid outlined an aggressive medium-term growth roadmap, backed by expanding distribution, capacity addition, and rising global opportunities. The company aims to achieve revenue of ₹600 crore and net profit of ₹180 crore in FY27, ₹875 crore with net profit of ₹275 crore in FY28, and ₹1,150 crore alongside net profit of ₹390 crore in FY29.

The company plans to drive growth through the rapid expansion of its FMCG distribution network across India, increased contributions from its high-margin B2C segment, capacity expansion in male and female condom manufacturing, and greater participation in international institutional and government tenders. Cupid also plans to strengthen its portfolio through new products in lubricants, wellness, and diagnostics, while benefiting from operating leverage and backward integration efficiencies.

Aditya Kumar Halwasiya, Chairman and Managing Director of Cupid, stated that the company is confident of sustaining this growth trajectory and achieving its FY27 revenue target of ₹600 Cr with net margins above 30%, as it continues to build a scalable and globally competitive business.

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Cupid's share price today opened at ₹121 apiece on the BSE, touching an intraday high of ₹124.50 per share and an intraday low of ₹118.95 apiece. According to Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One, stock prices are in an uptrend, and every dip towards the 20DEMA is being bought into. Immediate support is around ₹115, whereas ₹135 is the immediate resistance.