Cupid Share Price Hits Record Rs 310.50, Up Nearly 8% as Nifty Smallcap 250 Entry Takes Effect
- September 30, 2026
- Posted by: Neeraj Pandey
- Category: News
Cupid Rs 310.25, up 7.7% (30 Sep, 11 AM). Record high Rs 310.50. Nifty Smallcap 250 entry effective 30 Sep. Est. inflow about USD 10 mn. M-cap about Rs 38,659 crore.
Quick Answer
Cupid share price hit a record high of Rs 310.50 on 30 September 2026, up nearly 8%, as the company’s inclusion in the Nifty Smallcap 250 index took effect. Nuvama Alternative and Quantitative Research expects passive inflows of around USD 10 million. The rally is backed by strong numbers, with June-quarter profit up 194% and FY27 guidance raised to Rs 210 crore to Rs 225 crore in net profit. At about 282 times trailing earnings, though, the stock leaves little margin for error.
Cupid share price climbed to a fresh record on Wednesday, rising as much as 7.8% to Rs 310.50 on the NSE. Around 11 AM, the stock was trading at Rs 310.25, up 7.73% from the previous close of Rs 288, with more than 3.8 crore shares changing hands on the NSE.
The move comes a day after Cupid share price rallied up to 10% to Rs 291 on the BSE ahead of its index entry. Cupid has now cleared its previous 52-week high of Rs 299 and trades more than seven times its 52-week low of Rs 41.82.
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Why Is Cupid Share Price Hitting a Record High?
Cupid share price is at a record high because its inclusion in the Nifty Smallcap 250 index took effect on 30 September 2026, bringing in buying from passive funds. The Nifty Smallcap 250 inclusion was part of NSE’s latest semi-annual index rejig. Nuvama Alternative and Quantitative Research estimates the stock could see inflows of around USD 10 million.
Index inclusion does more than bring one-time passive flows. It raises a stock’s visibility among institutional investors and can improve liquidity over time. With Cupid share price up about 250% in six months, the rejig adds a fresh layer of demand.
Here is a snapshot of Cupid share price and key ratios around 11 AM on 30 September 2026, based on exchange data.
| Metric | Value |
|---|---|
| Stock | Cupid Ltd |
| Current price | Rs 310.25 |
| Day’s change | +7.73% |
| Record high | Rs 310.50 |
| Previous 52-week high | Rs 299.00 |
| 52-week low | Rs 41.82 |
| Market capitalisation | About Rs 38,659 crore |
| P/E (TTM) | 281.86 |
| Industry P/E | 34.84 |
| Debt to equity | 0.13 |
| ROE | 24.01% |
Strong Earnings Behind the Cupid Stock Rally
The rally in Cupid stock has earnings support. In the June 2026 quarter, total income grew 142% year on year to Rs 157 crore, while profit after tax jumped 194% to Rs 44 crore. EBITDA margin stood at 39%.
FY26 was also a breakout year. Total income rose 93% to Rs 391 crore from Rs 203 crore, and profit after tax surged 165% to Rs 108 crore from Rs 41 crore. Net profit margin crossed 30%, and net worth increased to Rs 451 crore from Rs 342 crore. Cupid also beat its own FY26 guidance of Rs 335 crore in revenue and Rs 100 crore in profit.
| Period | Total Income (Rs crore) | PAT (Rs crore) | Growth in PAT |
|---|---|---|---|
| FY25 | 203 | 41 | – |
| FY26 | 391 | 108 | +165% |
| Q1 FY27 | 157 | 44 | +194% YoY |
| FY27 guidance | 725 to 750 (revenue) | 210 to 225 | – |
After the June quarter, the company raised its FY27 guidance to revenue of Rs 725 crore to Rs 750 crore and net profit of Rs 210 crore to Rs 225 crore. For the medium term, it is targeting revenue of Rs 1,085 crore in FY28 and Rs 1,500 crore in FY29.
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Two Growth Engines Driving Cupid
Cupid runs two businesses that feed each other. The global healthcare arm supplies sexual wellness products such as condoms and lubricants, along with IVD kits, often through tenders for international agencies. Exports rose to Rs 208 crore in FY26, nearly 60% of revenue, with operations spanning more than 125 countries.
The second engine is the Bharat consumer business, where Cupid sells FMCG products such as deodorants, perfumes, hair oils and petroleum jelly under its own brand. Management has said its order pipeline is at its strongest level, and the company has also announced plans for its first overseas manufacturing facility in Saudi Arabia.
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Is Cupid Share Price Too Expensive Now?
Cupid share price now reflects very high expectations. The stock trades at about 282 times trailing earnings, compared with an industry P/E of 34.84. Even on the midpoint of FY27 profit guidance, around Rs 217.5 crore, the current market value of about Rs 38,659 crore works out to roughly 178 times forward earnings.
That does not make the business weak. It means the market is paying today for growth that is still two to three years away. Any slip in tender orders, margin pressure or a delay in hitting guidance could lead to a sharp correction.
Key Risks for Cupid Investors
- Valuation: A P/E ratio near 282 leaves little room for disappointment in quarterly results.
- Tender dependence: A large part of export revenue comes from institutional tenders, which can be lumpy from quarter to quarter.
- Post-rejig selling: Cupid share price could cool off once passive buying is complete, as stocks often do after index inclusion.
- Surveillance and volatility: Exchanges placed Cupid under additional surveillance measures during its earlier rally in January 2026, and sharp moves could invite similar scrutiny.
Bottom Line on Cupid Share Price
Cupid share price has hit a record Rs 310.50 as its Nifty Smallcap 250 entry takes effect, supported by 194% profit growth in the June quarter and raised FY27 guidance. The fundamentals are improving fast, but a valuation near 282 times trailing earnings means execution has to stay on track. Consult a SEBI-registered advisor before buying into a stock at record highs.
Disclaimer: Data and figures in this article are sourced from publicly available information and reflect intraday levels at the time of writing. These may or may not be accurate. Please verify all data independently before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on Cupid Share Price
Why is Cupid share price rising today?
Ans. Cupid share price rose nearly 8% to a record Rs 310.50 on 30 September 2026, the day its inclusion in the Nifty Smallcap 250 index took effect. Passive funds tracking the index need to buy the stock, and Nuvama Alternative and Quantitative Research estimated inflows of around USD 10 million.
What is the record high of Cupid share price?
Ans. Cupid hit a record high of Rs 310.50 on the NSE on 30 September 2026. Its previous 52-week high was Rs 299, and its 52-week low is Rs 41.82.
When was Cupid added to the Nifty Smallcap 250?
Ans. Cupid entered the Nifty Smallcap 250 index as part of NSE’s semi-annual index rejig, with the change effective from 30 September 2026. Cupid share price rallied up to 10% a day earlier in anticipation.
What are Cupid’s Q1 FY27 results?
Ans. In the June 2026 quarter, Cupid’s total income grew 142% to Rs 157 crore and profit after tax rose 194% to Rs 44 crore. EBITDA margin stood at 39%.
What is Cupid’s FY27 guidance?
Ans. Cupid raised its FY27 guidance to revenue of Rs 725 crore to Rs 750 crore and net profit of Rs 210 crore to Rs 225 crore. It is also targeting revenue of Rs 1,085 crore in FY28 and Rs 1,500 crore in FY29.
Is Cupid stock overvalued?
Ans. Cupid share price values the company at about 282 times trailing earnings against an industry P/E of 34.84, and at roughly 178 times the midpoint of its FY27 profit guidance. That valuation already assumes strong execution, so consult a SEBI-registered advisor before investing.
What does Cupid Ltd make?
Ans. Cupid makes male and female condoms, water-based lubricants, IVD kits and a growing range of FMCG products such as deodorants and hair oils. It exports to more than 125 countries, and exports made up nearly 60% of FY26 revenue.
