Cupid Shares Jumps 10%; Multibagger Stock Hits Fresh Record High After Q2 Results; Shares Rally 263% In 2026
Shares of Cupid Ltd surged nearly 10% in Thursday's trading session, November 12, hitting a fresh all-time high after the company reported a strong performance for the second quarter of FY27 and raised its full-year revenue and profit guidance.
Cupid share price today touched an all-time high of Rs 389, gaining 9.98% during the session, before trading at around Rs 381, up 7.72%. Cupid shares have delivered a huge rally in 2026, gaining approximately 263% year-to-date.
At the time of writing cupid shares were trading 9% higher at Rs.385.70 apiece on the NSE.
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Cupid Q2 FY27 Results
Cupid reported a huge increase in its consolidated financial performance for the second quarter of FY27, with net profit more than doubling on a year-on-year basis.
The company's consolidated net profit increased 133% to Rs 56.22 crore, compared with Rs 24.12 crore in the corresponding quarter last year.
Operating income surged 122% year-on-year to Rs 187.86 crore from Rs 84.45 crore. Total income also witnessed strong growth, rising 132% to Rs 208.97 crore against Rs 90.23 crore in the year-ago period.
EBITDA stood at Rs 54.77 crore during the quarter, compared with Rs 28.41 crore in the corresponding period last year.
However, despite the strong growth in earnings, Cupid's EBITDA margin moderated to 29% from 34% a year earlier. The company had earlier said in its September 30 business update that Q2 total revenue would exceed Rs 200 crore. Its reported total income of Rs 208.97 crore surpassed that milestone.
Cupid Raises FY27, FY28 And FY29 Revenue Guidance
After its strong second-quarter performance, Cupid has revised upwards its financial guidance for FY27.
For FY27, the company now expects revenue of Rs 880 crore or more, compared with its earlier guidance of Rs 800 crore or more. Its net profit guidance has also been increased to Rs 275 crore or more from the earlier estimate of Rs 250 crore or more.
For FY28, Cupid expects revenue of Rs 1,305 crore or more and net profit of around Rs 390 crore. For FY29, the company is targeting revenue of Rs 1,950 crore or more and net profit of approximately Rs 605 crore.
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