Cupid Limited — Updates, 12-02-2025: Press Release

Cupid Limited has received orders for its proprietary female condoms valued at INR 13.90 Crores from Brazil, South Africa, and Angola. The company aims to complete these orders by Q1 FY26. Managing Director Aditya Kumar Halwasiya emphasized the strategic importance of female condoms as a significant revenue driver for Cupid's business.

Established in 1993, Cupid is a key player in the manufacturing of male and female condoms, lubricants, and IVD kits, with an impressive annual production capacity. The company recently enhanced its production capabilities through strategic land acquisition, which will increase output significantly. With a strong international presence and over 90% of revenue stemming from exports to 105 countries, Cupid maintains its status as a pioneer in achieving WHO/UNFPA pre-qualification for its products. Investors should monitor Cupid's order flow and capacity expansion plans, as they contribute to a positive outlook for growth.