Cupid Q3 FY26 – Explosive Growth with Margin Expansion

Cupid delivered an exceptional performance in the December 2025 quarter, registering more than a doubling of revenue and a sharp surge in profitability, driven by strong demand and operating leverage. • Sales: ↑ 106% YoY to ₹104 crore (vs ₹50.8 crore in Dec 2024) • EBIDT: ↑ 186% YoY to ₹45.2 crore (vs ₹15.8 crore) • Net Profit: ↑ 197% YoY to ₹32.9 crore (vs ₹11.1 crore) • EPS: ↑ 198% YoY to ₹1.22 (vs ₹0.41) At a price of ₹390, market cap ₹10,494 crore, and PE 125.6, Cupid commands a rich valuation reflecting its high-growth profile. The outsized growth in profits relative to revenue highlights strong margin expansion and operating efficiency, positioning the company well for continued momentum, albeit with valuation sensitivity.