Cupid Raises FY27 Revenue Guidance to ₹800 Crore

Cupid Limited has revised its FY27 revenue guidance to ₹800+ crore and net profit guidance to ₹250+ crore, driven by strong business momentum in Q2 FY27. The company expects Q2 FY27 total revenue to cross ₹200 crore, supported by sustained growth across domestic and international markets. The upward revision reflects improved visibility across institutional and private markets, expansion of the domestic FMCG business, progress towards operationalising its Palava manufacturing facility and continued growth in healthcare and personal care segments. During Q2 FY27, Cupid approved the conversion of up to 30 lakh warrants of Baazar Style Retail Limited into equity shares at ₹328.25 per share. The company also received in-principle approval for a manufacturing venture in South Africa, planned under an asset-light model to support expansion across African and international markets. Additionally, Cupid strengthened its healthcare partnership with GII Healthcare Investment Limited through an additional USD 5 million investment. The company also achieved inclusion in BSE Group A, NIFTY Small Cap 250 and the FTSE Emerging Markets All Cap Index. Going forward, Cupid plans to expand domestic FMCG distribution, operationalise its Palava facility, strengthen international healthcare business and explore strategic partnerships. For investors, key monitorables include Q2 financial performance, execution of revised guidance, FMCG distribution expansion and commissioning of the Palava facility. The revised guidance remains management's outlook and actual performance will depend on business execution. Disclosure: I do not hold any position or financial interest in the mentioned stock.