Cupid Shares Dip 2% Despite 3x Q1 Profit Surge, Company Raises FY27 Outlook
Cupid's shares declined by over 2% on Monday, even as the company reported a threefold increase in net profit for the April-June quarter. Despite strong financial results, the stock saw a dip, while the company raised its revenue and profit guidance for the fiscal year 2027.
Key takeaways
- Cupid reported a 3x increase in net profit to Rs 44 crore for the April-June quarter of FY27.
- Revenue from operations surged by 159% year-on-year to Rs 155 crore during the same period.
- Despite strong financial results, Cupid's shares fell over 2% on Monday.
- The company has raised its revenue and net profit guidance for the full fiscal year 2027.
- Cupid's stock has delivered significant returns, with a 683% gain over the past year.
Shares of Cupid experienced a decline of more than 2% on Monday, trading at Rs 256.80 on the NSE. This movement occurred despite the company announcing a substantial threefold rise in its net profit for the first quarter of the 2027 financial year, covering April to June.
What Happened
Cupid reported a consolidated net profit of Rs 44 crore for the first quarter of FY27, a significant increase from Rs 15 crore in the same period last year. The company's revenue from operations also saw a year-on-year rally of 159%, reaching Rs 155 crore. EBITDA surged by 265% year-on-year to Rs 60 crore, with the EBITDA margin improving by 1,127 basis points to 39% during the quarter. The company attributed its strong performance to momentum in its international B2B healthcare, domestic consumer healthcare, and FMCG businesses.
Background
Cupid has seen considerable stock performance in the past, with shares gaining 14% in the last week and 24% in the past month. Year-to-date in 2026, the stock is up 150%. Over a one-year period, the stock has returned 683%, 8,923% in three years, and 10,979% in five years. The company's market capitalization currently exceeds Rs 35,191 crore.
Why It Matters
The company's robust financial results, including a significant jump in profit and revenue, are accompanied by an optimistic outlook. Cupid has raised its FY27 guidance, now projecting revenue between Rs 725-750 crore and net profit between Rs 210-225 crore. This positive outlook is supported by expectations of substantial orders for its IVD Kits portfolio from Indian state governments and international opportunities following CE certifications. Additionally, a minimum 10% price increase across its export portfolio and a favourable USD/INR exchange rate are contributing to improved realisations and margin expansion.
Key Facts
- Cupid's shares dropped over 2% on Monday, trading at Rs 256.80 on the NSE.
- The company reported a net profit of Rs 44 crore for the April-June quarter of FY27, a 3x increase from Rs 15 crore in the previous year.
- Revenue from operations grew 159% year-on-year to Rs 155 crore in the same quarter.
- EBITDA rose 265% year-on-year to Rs 60 crore, with an EBITDA margin of 39%.
- The company raised its FY27 revenue guidance to Rs 725-750 crore and net profit guidance to Rs 210-225 crore.
- Cupid's stock has gained 683% over the past year.
- The company's market capitalization is over Rs 35,191 crore.
Sources reviewed
Project Chintan independently synthesized and analyzed information cross-checked across the sources listed above.
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