Business
Cupid shares jump 6%, extend rally to 11% in one week as company raises FY27 revenue guidance after strong Q1 biz update
According to the filing with the exchange, the company is on track to deliver revenue exceeding Rs 150 crore in the first quarter of FY27, marking one of the strongest quarterly performances in its history.
Cupid said that, driven by this exceptional start to the financial year and improved visibility across international & domestic markets, the management has revised its FY27 revenue outlook upward by a minimum of 10%, which means that the company expects FY27 revenue of more than Rs 660 crore, up from its earlier guidance of Rs 600 crore.
Also Read | Diamond Power Infrastructure shares jump 10% after Rs 435 crore order for Hyderabad data centre projects
The revised outlook reflects growing confidence in the company’s diversified business model, expanding global opportunity pipeline and increasing operating scale across multiple business verticals.
According to the company, growth is expected to be supported by expanding opportunities in international B2B healthcare markets, driven by demand from institutional buyers, private sector customers and government procurement programmes.
This outlook is further supported by the commencement of its long-term supply agreement with the Partnership for Supply Chain Management (PFSCM), Netherlands, which the company said strengthens its position in global healthcare procurement.The company also highlighted growing opportunities in its lubricant portfolio, driven by increasing acceptance across institutional and consumer channels. It said its consumer business offers significant long-term potential as it continues to expand its personal care and wellness brand across modern trade, organised retail and pharmacy networks across Bharat.
Cupid said it sees strong order visibility across private markets, institutional business and international tenders spanning multiple geographies. It expects sustained growth in its male and female condom businesses, driven by expanded manufacturing capacity, new customer additions and a broader market reach built over the past 12 months.
The company also said it is making steady progress in its In Vitro Diagnostics (IVD) business. While near-term growth expectations remain conservative, it expects the segment to become a meaningful contributor over the coming years, supported by regulatory approvals, new product launches and continued commercialisation efforts.
“Our strong start to FY27 reflects the transformation Cupid has undergone over the past few years. We have built a diversified business with multiple growth engines that are now beginning to scale together,” said Aditya Kumar Halwasiya, Chairman and Managing Director, Cupid.
Also Read | Vedanta and TCS among 5 stocks with highest dividend yield. Check details
Halwasiya further said, “We are seeing strong momentum across our international B2B business, supported by expanding opportunities in private markets, institutional procurement, and government tenders across the world. Our strategic relationship with PFSCM has commenced on a very encouraging note and further strengthens our long-term position in global healthcare procurement.”
He added that, backed by a strong order book, improving visibility across international markets and a robust pipeline of opportunities, the company has revised its medium-term revenue outlook upward. “At the same time, we believe our projections remain conservative, leaving room for additional upside as execution continues and new opportunities materialise,” he said.
In the last two weeks, the shares of Cupid were up 16.14% and by over 52% in the last month.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Russia stocks higher at close of trade; MOEX Russia Index up 0.75%
Japan to vow coordination with US on weak yen in historic battle
Ukrainian drone kills one child, injures two in playground in Russia’s Belgorod region
AstraZeneca and Bristol-Myers Squibb in talks over potential merger – Report
Idaho mass shooter died from self-inflicted gunshot, police say
Yes. Corporate subscriptions are available for teams and organisations, with discounted rates as user numbers increase. Pricing starts from $1,625 + GST per user.
Get in touch
to discuss the right option for your organisation.
Business News subscriptions are used by executives, investors, consultants and professionals who need to stay informed and make better decisions about the WA market. When you subscribe you’ll get
- Unlimited access to WA’s most trusted business journalism
- Data & Insights — detailed profiles of WA companies, people, projects and deals
- MyBN — a personalised feed based on the companies, people and sectors you follow
- Special publications and industry reports
- Daily and weekly email newsletters
Data & Insights is a research tool built specifically for the WA market. It draws on more than 30 years of Business News reporting, updated regularly to reflect what’s happening now. Use it to:
- Look up detailed profiles of WA companies, including financials, directors and ownership
- Find decision-makers and track their career movements
- Research live and completed projects across WA industries
- Monitor deals, appointments and market activity
- Access industry rankings and league tables
Data & Insights is updated daily by our dedicated research team, which uses the latest announcements, ASX filings and editorial coverage to keep our person, company, list and project records up to date.
Business News welcome all opportunities to make our dataset accurate, complete and current, so if you have an update request, please email the team at
general@businessnews.com.au, and we’d be happy to assist.
MyBN
is part of every subscription. It’s your personalised view of Business News. You can follow the companies, people, sectors and projects that matter to you, and get a news feed and alerts tailored to your interests. You can save articles to read later and retain only what you need.
Only subscribers have full access to all content on the Business News website.
If staying informed about the WA economy is part of your job, and/or you’re looking for networking opportunities in WA, Business News is built for you.
Business News subscribers are:
- Executives and directors tracking competitors, clients and market movements
- Investors and advisers researching companies, deals and industry trends
- Consultants and professionals staying across sectors relevant to their clients
- Business owners looking for leads, context and market intelligence
Most Business News publications cover national or global markets. Business News is focused entirely on Western Australia, which means the journalism, the data and the intelligence are all built around WA companies, people and projects — not adapted from a national feed. Data & Insights, included with every subscription, combines more than 30 years of WA-specific editorial research with live business data. There’s no comparable product for the WA market.
The Morning Digest Email provides a comprehensive wrap of the major headlines, relevant to WA business, and includes with a snapshot of the overnight news covering oil, gold and ASX-listed companies.
The Afternoon Wrap Email focuses on the news covered by our team of journalists during the course of the working day, including exclusive stories and analysis, all of which relates to WA business and the local economy.
The BN Weekender Email contains a wrap of the Business News from the week that was, highlighting the top stories in each area of WA business.
Sign up for free.
We’re happy to help.
Get in touch
and our team will come back to you.
AstraZeneca holds talks with Bristol Myers Squibb on $400 billion megadeal, FT reports
Business
These 9 equity mutual funds delivered over 10% returns in July. Did you invest in any of them?
Technology-focused mutual funds dominated the performance charts in July, with nine equity schemes delivering returns of over 10%. HDFC Technology Fund topped the list with a 16.91% gain, while international funds accounted for most of the double-digit losers during the month.
US lawmaker Kaptur injured in car crash, her office says
Eleven penny stocks delivered multibagger returns of up to 198% over the past six months. Screened using a market capitalisation below Rs 1,000 crore, a share price under Rs 20, and a minimum latest trading volume of 5 lakh shares, these low-priced stocks stood out for their strong price momentum despite the high risks typically associated with the segment.
10,000 runners in York for the Run for All York 10K
Luis García Jr. trade grades: Yankees do whatever it takes to help offense; Nationals go quantity over quality
COLDCARD wallet RNG flaw likely linked to $88 million Bitcoin theft
Renter of Home in Anne Heche Crash Denies Settlement With Son
No Jackpot Winner as $257 Million Prize Rolls Over to $269 Million Monday Draw
Weekend Open Thread: Staud – Corporette.com
Do you want financial freedom? #finance #business #Bangladesh #Bangla #shorts #fyp #reels
#booktok #crypto #breakingnews #trader #chess #trading #cjp #bitcoin #motivation #cryptocurrency
What Do Financial Analysts Actually Do? #career
-
Business4 days agoWhy Trees Belong on the Risk Register
-
Fashion2 days agoWeekend Open Thread: Wit & Wisdom
-
Tech7 days agoIntel is reversing course and bringing hyper-threading back to its server chips
-
Politics2 days agoMeta enters AI-training agreement with far-right ‘propaganda rag’ Newsmax
-
Politics6 days agoLuke Littler dismantles Gerwyn Price to retain title in Blackpool
-
Crypto World1 day agoMicroStrategy Post-Earnings CLARITY Act Push Could Add New Catalyst for Its Stock
-
Politics6 days agoThe Part of the Electric Transition Nobody Wants to Discuss
-
Entertainment5 days ago‘Stargate’ Creator’s New Sci-Fi Series Returns for Season 3 Tomorrow
-
Business5 days agoMajor shareholder moves on Canyon
-
News Videos3 days agoBitcoin Enters the 3rd Stage of the Bear Market
-
Crypto World2 days agoXRP Ledger v3.3.0 brings five institutional features
-
Crypto World5 days agoKraken Enables Retail Access to Jersey Mike’s IPO via Tokenized Shares
-
Tech6 days agoNew macOS Sequoia & Sonoma security updates for older Macs
-
News Videos5 days agoClaude: Build Financial Dashboards in Minutes (2026)
-
Politics3 days agoLuke Littler’s dominance sparks GOAT debate
-
Business5 days agoJohnson & Johnson agrees to $5.5B settlement over talc cancer claims
-
Sports3 days agoSeema Kaliramna Wins Discus Throw Bronze, Takes India’s CWG Medals Tally To 17
-
Crypto World12 hours agoCrypto PAC spending tops $2M in Michigan House race
-
Tech4 days agoGemini can now summarize the messiest comment threads in Google Docs
-
Business2 days agoTrump Announces Hamas Disarmament Agreement as Iran Strikes Kuwait Air Base and US Attacks Pause Overnight
You must be logged in to post a comment Login