Cupid Ltd. reported its strongest quarter ever in Q3 FY26, with net profits tripling year-on-year to ₹33 crore, according to consolidated financial statements. The company's performance was driven by steady demand and disciplined execution across export-led B2B operations, a scaling domestic FMCG business, and improving traction in diagnostics. As per the earnings release, the operational momentum is expected to continue into FY27 and beyond. The company's Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) soared 201% year-on-year while witnessing a 21% sequential uptick. The EBITDA margin in the quarter under review stood at 37%, up 1,212 basis points year-on-year and 304 basis points quarter-on-quarter. Total income for the quarter stood at ₹104 crore, surging 106% over the corresponding quarter of the last financial year. Q3FY26 is the strongest quarter in the company's history, driven by steady demand and disciplined execution across its business segments. The company's order book is at an all-time high, providing clear revenue visibility and confidence in sustained performance ahead.
Cupid Ltd. announced a 4:1 bonus issue on Thursday, marking the company's biggest free share distribution to date alongside the release of its Q3 FY26 earnings. According to reports from The Hindu BusinessLine, the proposed bonus issue will see eligible shareholders receive four fully paid-up equity shares for every one share held, subject to shareholder and regulatory approvals. The record date will be announced in due course. The bonus issue represents Cupid's third corporate action in its history, following a 1:1 bonus in 2024 and a 1:5 bonus in 2018. As reported by The Hindu BusinessLine, the company said the decision followed a detailed review of its capital structure, growth trajectory and shareholder base. The bonus issue is aimed at improving stock affordability, broadening retail participation and enhancing trading liquidity, while also signalling management's confidence in long-term growth prospects. The board has also approved an increase in the company's authorized share capital from ₹50 crore to ₹150 crore to accommodate the new shares. The bonus shares are expected to be credited to eligible shareholders' accounts by March 29, 2026, subject to necessary shareholder and regulatory approvals.
The bonus issue represents Cupid's third corporate action in its history, following a 1:1 bonus in 2024 and a 1:5 bonus in 2018. As reported by The Hindu BusinessLine, the company said the decision followed a detailed review of its capital structure, growth trajectory and shareholder base. The bonus issue is aimed at improving stock affordability, broadening retail participation and enhancing trading liquidity, while also signalling management's confidence in long-term growth prospects. As reported by The Economic Times, the company's promoter and CMD Aditya Kumar Halwasiya held a 32.58% stake in the company as of December 2025. Halwasiya said the bonus issue strikes a balance between rewarding shareholders and long-term value creation, reflecting confidence in the company's next phase of scale and expansion.
Cupid's promoter and CMD Aditya Kumar Halwasiya held a 32.58% stake in the company as of December 2025. As reported by The Hindu BusinessLine, Halwasiya said the bonus issue strikes a balance between rewarding shareholders and long-term value creation, reflecting confidence in the company's next phase of scale and expansion. The bonus issue is expected to improve stock affordability by proportionately reducing the per-share price, thereby making Cupid's equity more accessible to retail investors. This enhanced accessibility is anticipated to broaden the company's investor base and encourage greater retail participation in the company's equity. The bonus shares are expected to be credited to eligible shareholders' accounts by March 29, 2026, subject to necessary shareholder and regulatory approvals.
The company's Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) soared 201% year-on-year while witnessing a 21% sequential uptick. The EBITDA margin in the quarter under review stood at 37%, up 1,212 basis points year-on-year and 304 basis points quarter-on-quarter. Total income for the quarter stood at ₹104 crore, surging 106% over the corresponding quarter of the last financial year. Q3FY26 is the strongest quarter in the company's history, driven by steady demand and disciplined execution across its business segments. The company's order book is at an all-time high, providing clear revenue visibility and confidence in sustained performance ahead. The combination of record-breaking profits and a shareholder-friendly 4:1 bonus issue signals management's confidence in the company's future growth trajectory.
