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RAJIV GUPTA (SEBI RA)

2nd Jan · SEBI-Registered Analyst

Strong Operating Momentum - Cupid Ltd

Code BSE: 530843 NSE:

CUPID
Business performance during the quarter reflects healthy execution and sustained demand across key segments: a) Strong quarterly performance: The Company expects Q3 FY26 to be its best-performing quarter to date, driven by continued demand strength and smooth operational execution. (i) Highest-ever order book: Cupid’s order book stands at its highest level so far, providing clear visibility for performance in the coming quarters. (ii) FY26 outlook: Management remains confident of exceeding its earlier FY26 guidance of Rs 335 Cr in revenue and ₹ 100 Cr in PAT, supported by operating efficiencies, stable demand, and execution progress. (iii) Capacity expansion progressing as planned: Work at the Palava, Maharashtra manufacturing facility continues as scheduled, in line with the Company’s broader capacity expansion roadmap.

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cupid02012026.pdf