Cupid Ltd Share Price ₹183 | P/E 149.5

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Cupid Ltd

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	42	35	36	40	66	44	47	51	61	65	90	104	132
Expenses +	31	32	29	28	32	32	31	35	43	43	56	59	82
Operating Profit	11	3	7	12	34	12	16	16	18	21	34	45	50
OPM %	26%	9%	20%	30%	51%	26%	34%	31%	30%	33%	38%	43%	38%
Other Income +	2	0	0	1	0	0	0	0	0	0	0	0	0
Interest	1	0	0	0	1	0	1	0	1	1	1	1	1
Depreciation	1	1	1	1	1	1	1	1	1	1	1	1	1
Profit before tax	11	2	6	12	32	11	14	14	16	20	32	43	47
Tax %	25%	3%	20%	24%	26%	22%	29%	21%	28%	23%	25%	24%	24%
Net Profit +	8	2	5	9	24	8	10	11	12	15	24	33	36
EPS in Rs	0.06	0.02	0.04	0.07	0.18	0.06	0.07	0.08	0.09	0.11	0.18	0.24	0.27

Financials of Cupid Ltd

Annual income statement trend

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	44	61	84	81	85	160	143	133	159	172	183	391
Expenses +	32	36	50	53	65	108	107	109	118	121	141	241
Operating Profit	13	25	34	27	21	52	36	23	41	51	42	150
OPM %	29%	41%	41%	34%	24%	33%	25%	17%	26%	30%	23%	38%
Other Income +	1	2	1	1	2	3	5	4	5	7	19	0
Interest	0	0	0	0	0	1	1	0	1	2	2	3
Depreciation	2	2	2	2	2	2	3	3	3	3	4	5
Profit before tax	11	25	32	26	21	53	38	25	42	53	55	142
Tax %	33%	36%	37%	34%	27%	24%	24%	30%	25%	24%	25%	24%
Net Profit +	8	16	21	17	15	40	29	17	32	40	41	108
EPS in Rs	0.06	0.12	0.15	0.13	0.11	0.30	0.22	0.13	0.24	0.30	0.30	0.81
Dividend Payout %	22%	21%	22%	29%	35%	15%	21%	35%	21%	0%	0%	0%

Financials of Cupid Ltd

Capital structure and asset base

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	11	11	11	11	13	13	13	13	13	13	27	134
Reserves	13	25	43	55	63	90	118	129	154	288	315	316
Borrowings +	2	1	0	2	2	31	0	9	6	12	19	56
Other Liabilities +	8	14	9	10	15	30	22	23	16	7	11	46
Total Liabilities	35	51	63	78	93	165	152	174	189	320	372	553
Fixed Assets +	16	16	16	16	21	26	29	31	36	58	67	67
CWIP	0	0	0	0	0	3	1	6	0	0	6	25
Investments	0	0	5	18	22	21	48	54	69	147	103	75
Other Assets +	19	35	42	44	50	114	74	84	83	114	196	386
Total Assets	35	51	63	78	93	165	152	174	189	320	372	553

Financials of Cupid Ltd

Operating, investing and financing cash movement

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	7	13	20	3	18	19	42	10	33	8	-11	46
Cash from Investing Activity +	-1	-1	-5	-9	-14	-37	-9	-13	-22	-80	45	28
Cash from Financing Activity +	-3	-6	-4	-3	-5	16	-33	3	-11	99	-1	35
Net Cash Flow	3	6	11	-9	-0	-2	0	-1	-0	27	32	110
Free Cash Flow	6	11	17	1	12	8	38	2	30	-17	-31	21
CFO/OP	69%	76%	94%	50%	119%	60%	142%	83%	106%	41%	5%	52%

Financials of Cupid Ltd

Working capital efficiency and return ratios

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	67	79	59	100	97	95	65	84	59	102	134	94
Inventory Days	155	60	133	259	168	437	230	197	229	184	450	173
Days Payable	84	27	80	162	135	579	168	134	105	1	13	75
Cash Conversion Cycle	139	112	112	198	130	-46	127	147	183	285	570	191
Working Capital Days	58	77	67	130	108	40	87	87	77	123	210	108
ROCE %	48%	79%	72%	43%	29%	50%	28%	17%	26%	22%	17%	33%

Cupid Ltd Q4 FY24 Share Price & Earnings Call Analysis