Cupid Limited projects revenues of Rs. 335 crores in FY26

Mumbai, May 27, 2025: Cupid Limited, India's premier manufacturer and brand of male and female condoms, water based personal lubricants, IVD kits, perfumes, deodorants, almond hair oil, body oils, petroleum jelly and other FMCG Products expects to report net revenues of Rs. 335 crore in FY26, which would be a growth of 83% as compared to Rs. 183 crore in FY25 and is looking at growing its topline at a CAGR of 50% over the subsequent two years.

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At a consolidated level the total revenues were at Rs. 203.18 crore in FY25, as compared to Rs. 178.30.49 crore in FY24. Net revenues were at Rs. 183.52 crore in FY25, as compared to Rs. 171.09 crore in FY24. EBITDA was at Rs. 41.73, as compared to Rs. 50.10 in FY24. Net Profit was at Rs. 40.89 crore, as compared to Rs. 39.85 crore in FY24.

Commenting on the performance, Mr Aditya Kumar Halwasiya, Chairman and Managing Director said, “We have closed a successful and strong FY25. Since the takeover of the company in early Q3FY24, my team and I have ensured that we maximize stakeholder value across all levels. We remain comfortably capitalized and are ready for the next era of profitable growth spurred by our strong international business along with our cost-effective foray into India's B2C FMCG space where the best quality products are available across Pan-India at a competitive price for the masses. I am content with Company's strong performance in FY25 and remain very optimistic for the upcoming years at Cupid Limited as we strive to grow and consolidate our position in the different markets, we are present in

Company had achieved a turnover of over Rs. 50 crores in B2C FMCG products in FY25 with a target to more than double turnover to Rs. 125 crores in FY26 from Cupid’s B2C India Business.

On B2B business front both international and domestic tender business and OEM private label is growing on account of sustained efforts by the management to engage with customers and partners, a notable outcome has been the full clearance of Cupid lubricants by the United Nations Population Fund (UNFPA) and full resumption of sizeable lubricants and condoms business with the UNFPA and its Global Partners from the start of FY26.

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