In this post let’s discuss about one of the much talked about cupid ltd. They produce male condoms, female condoms, lubricants and IVD products. cupid ltd is one of the multibagger stocks in share market. Here’s an up-to-date overview of Cupid Limited (often “Cupid Ltd”) — what the company does, its history, scale, and recent developments.
✅ What is Cupid Ltd & What They Do
- Foundation: Cupid Ltd is an Indian public limited company incorporated in 1993, headquartered in Nashik (factory at Sinnar, near Nashik, Maharashtra).
- What they produce: It is a manufacturer of rubber contraceptives and related products — primarily male condoms, female condoms — along with water-based lubricant jelly, and also IVD (in-vitro diagnostic) kits.
- New Field Exploration: Over time, the company expanded its offerings: besides condoms and lubricants, it now produces IVD kits; and more recently (2023–2024) it has moved into FMCG / personal care — deodorants, perfumes, toilet sanitizers, body/hair oils, hair-removal sprays, etc.
- Their R&D: Cupid Ltd also maintains an in-house research & development centre, and uses advanced manufacturing technology (e.g. German-technology dipping lines, fully automatic sealing, electronic-testing for condoms) to ensure quality and compliance.
📦 Cupid Ltd Production Capacity & Their Market Reach
- Their Production: As per the company’s published data, Cupid Ltd has capacity (per annum) for about 480 million male condoms, 52 million female condoms, and 210 million lubricant-jelly sachets.
- Their Innovations: The company is the first in the world to get WHO/UNFPA pre-qualification for supply of both male and female condoms — an internationally recognized certification that allows distribution in public-health/aid programmes worldwide.
- Export: Cupid exports its products widely — over 100 countries globally. Historically, exports have accounted for a major share of its revenues.
📈 Corporate Information & Financials
- Full name / CIN: L25193MH1993PLC070846.
- The company is listed on the Bombay Stock Exchange (BSE: 530843) and on the National Stock Exchange (NSE: CUPID).
- Authorized capital: ₹50.00 Crore; Paid-up capital: ₹26.85 Crore.
- For FY2023–24, the company reported growth: operating income increased (on quarterly YoY basis and over fiscal year), EBITDA margins improved, and PAT margins rose.
- The company states that it is “debt-free” and has substantial cash & cash equivalents, reflecting prudent financial management.
🔺 Recent Moves & Strategic Shifts
- In 2023–2024, Cupid Ltd acquired land to expand manufacturing capacity; the plan is to increase its annual output — potentially boosting capacity significantly for condoms and related products.
- The firm has diversified into a broader FMCG/personal-care product range: deodorants, body/hair oils, hair removal sprays, etc. — marking a shift from purely “condom & medical consumables” to a more consumer-oriented portfolio.
- In June 2024, Cupid Ltd got vendor approval from Godrej Consumer Products Limited (GCPL) to supply condoms (e.g. “Kamasutra” condoms), reflecting trust in its product quality and strengthening its presence in domestic consumer-goods supply chains.
The Takeway and NSC Data:
In conclusion we can say that Cupid Ltd is a wells settled conpany on contraceptives / personal-hygiene / sexual-health products. In just one year it doubled the prices in share market and in news.
Note: This post is just for information and non promotional. Read more posts here.
