| Metric | Value (₹ Cr) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 93.50 | 10.7% | 101.7% |
| Total Income | 104.38 | 15.7% | 105.6% |
| Expenditure | 61.11 | 5.3% | 66.5% |
| PBT | 43.27 | 34.4% | 207.9% |
| Net Profit | 32.83 | 36.1% | 197.4% |
| OPM | 36.69% | 3.04pp | 19.54pp |
| NPM | 31.46% | 4.72pp | 9.71pp |
| EPS | 1.22 | 35.6% | 197.6% |
Cupid Limited Delivers Record Q3 FY26 Performance with 201% YoY Growth in EBITDA and 196% YoY Rise in Net Profit
29 Jan 2026 · 29 Jan, 5:43 pm
Summary
Cupid Limited has reported a record Q3 FY26 performance, with a 201% YoY growth in EBITDA and a 196% YoY rise in net profit. The company's total income has also increased by 106% YoY. The strong performance is attributed to steady demand, disciplined execution, and a record order book. The company expects the business momentum to continue into FY27 and beyond. The FMCG business is growing, with product additions and an expanding retail and distribution footprint. The diagnostics (IVD) business is also emerging as a key growth engine.
Key Highlights
- 1
Q3 FY26 is the strongest quarter in Cupid Limited’s history
- 2
201% YoY growth in EBITDA and 196% YoY rise in Net Profit
- 3
Total income increased by 106% YoY
- 4
Steady demand and disciplined execution
- 5
Record order book providing clear revenue visibility and confidence in sustained performance ahead
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Strengthening overseas presence, including in the GCC region
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Capacity expansion at the Palava manufacturing facility is progressing as planned
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Domestic FMCG portfolio is witnessing growing acceptance
- 9
Diagnostics (IVD) business is emerging as a key future growth engine
Management Comments
Mr. Aditya Kumar Halwasiya
Q3 FY26 has been the strongest quarter in Cupid Limited’s history, driven by disciplined execution and strong momentum across businesses. Our order book is at an all-time high, providing clear revenue visibility and confidence in sustained performance ahead. We continue to strengthen our overseas presence, including in the GCC region, while capacity expansion at the Palava manufacturing facility is progressing as planned in line with our growth roadmap. The domestic FMCG portfolio is witnessing growing acceptance, supported by product additions and wider retail reach. To accelerate FMCG growth, we are working on entering into the UAE and Saudi market soon. Together, the India and GCC FMCG expansions position Cupid for sustained global growth with scale, efficiency, and flexibility. The diagnostics (IVD) business continues to emerge as a key future growth engine, supported by certifications, rising demand, In-house R&D and increasing automation. Based on strong Q3 performance, a record order book, and improving execution, we expect FY26 to be the strongest year in the company’s history. We are confident of exceeding FY26 revenue guidance of 3335 Cr, with net profit expected to exceed %100 Cr. Our focus remains on building a balanced, scalable, and future-ready business while creating long-term value for our stakeholders.
Informational and educational content only. Not investment advice.