Cupid Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 27, 2025, 1:07 am

Market Cap	1,988 Cr.
Current Price	74.0
High / Low	114/50.0
Stock P/E	37.5
Book Value	11.9
Dividend Yield	0.00 %
ROCE	21.7 %
ROE	16.5 %
Face Value	1.00
PEG Ratio	2.96

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Cupid Ltd

Competitors of Cupid Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Honasa Consumer Ltd	7,561 Cr.	232	547/190	111	35.5	0.00 %	17.1 %	%	10.0
Ambica Agarbathies Aroma & Industries Ltd	48.8 Cr.	28.4	37.0/23.2	18.4	60.6	0.00 %	5.07 %	3.65 %	10.0
Ador Multi Products Ltd	38.5 Cr.	82.4	84.0/23.4		23.2	0.00 %	33.6 %	26.7 %	10.0
Kaya Ltd	337 Cr.	257	702/204		106	0.00 %	80.4 %	%	10.0
Jyothy Labs Ltd	13,833 Cr.	377	596/268	37.2	51.4	0.93 %	27.0 %	21.2 %	1.00
Industry Average	71,370.71 Cr	2,005.96		50.15	108.93	0.75%	36.47%	29.40%	4.94

All Competitor Stocks of Cupid Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	37	32	31	46	43	42	35	36	40	66	44	47	51
Expenses	33	25	25	33	29	31	32	29	28	32	32	31	35
Operating Profit	4	8	6	13	14	11	3	7	12	34	12	16	16
OPM %	12%	23%	21%	28%	33%	26%	9%	20%	30%	51%	26%	34%	31%
Other Income	0	0	0	0	0	2	0	0	1	0	0	0	0
Interest	0	0	0	0	0	1	0	0	0	1	0	1	0
Depreciation	1	1	1	1	1	1	1	1	1	1	1	1	1
Profit before tax	4	7	6	12	13	11	2	6	12	32	11	14	14
Tax %	32%	38%	19%	30%	24%	25%	3%	20%	24%	26%	22%	29%	21%
Net Profit	2	4	5	9	10	8	2	5	9	24	8	10	11
EPS in Rs	0.09	0.16	0.17	0.32	0.38	0.31	0.08	0.19	0.33	0.89	0.31	0.37	0.41

Last Updated: February 28, 2025, 8:18 pm

Below is a detailed analysis of the quarterly data for Cupid Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is 51.00 Cr.. The value appears strong and on an upward trend. It has increased from 47.00 Cr. (Sep 2024) to 51.00 Cr., marking an increase of 4.00 Cr..
For Expenses, as of Dec 2024, the value is 35.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 31.00 Cr. (Sep 2024) to 35.00 Cr., marking an increase of 4.00 Cr..
For Operating Profit, as of Dec 2024, the value is 16.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 16.00 Cr..
For OPM %, as of Dec 2024, the value is 31.00%. The value appears to be declining and may need further review. It has decreased from 34.00% (Sep 2024) to 31.00%, marking a decrease of 3.00%.
For Other Income, as of Dec 2024, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 0.00 Cr..
For Interest, as of Dec 2024, the value is 0.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1.00 Cr. (Sep 2024) to 0.00 Cr., marking a decrease of 1.00 Cr..
For Depreciation, as of Dec 2024, the value is 1.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 1.00 Cr..
For Profit before tax, as of Dec 2024, the value is 14.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 14.00 Cr..
For Tax %, as of Dec 2024, the value is 21.00%. The value appears to be improving (decreasing) as expected. It has decreased from 29.00% (Sep 2024) to 21.00%, marking a decrease of 8.00%.
For Net Profit, as of Dec 2024, the value is 11.00 Cr.. The value appears strong and on an upward trend. It has increased from 10.00 Cr. (Sep 2024) to 11.00 Cr., marking an increase of 1.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 0.41. The value appears strong and on an upward trend. It has increased from 0.37 (Sep 2024) to 0.41, marking an increase of 0.04.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 7, 2025, 8:52 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	28	20	44	61	84	81	85	160	143	133	159	171	208
Expenses	25	17	32	36	50	53	65	108	107	109	118	121	131
Operating Profit	3	2	13	25	34	27	21	52	36	23	41	50	77
OPM %	10%	10%	29%	41%	41%	34%	24%	33%	25%	17%	26%	29%	37%
Other Income	0	0	1	2	1	1	2	3	5	4	5	7	0
Interest	0	0	0	0	0	0	0	1	1	0	1	2	2
Depreciation	1	2	2	2	2	2	2	2	3	3	3	3	4
Profit before tax	1	0	11	25	32	26	21	53	38	25	42	53	71
Tax %	37%	60%	33%	36%	37%	34%	27%	24%	24%	30%	25%	24%
Net Profit	1	0	8	16	21	17	15	40	29	17	32	40	53
EPS in Rs	0.03	0.00	0.29	0.60	0.77	0.64	0.57	1.49	1.09	0.65	1.18	1.49	1.98
Dividend Payout %	0%	0%	22%	21%	22%	29%	35%	15%	21%	35%	21%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-100.00%	100.00%	31.25%	-19.05%	-11.76%	166.67%	-27.50%	-41.38%	88.24%	25.00%
Change in YoY Net Profit Growth (%)	0.00%	200.00%	-68.75%	-50.30%	7.28%	178.43%	-194.17%	-13.88%	129.61%	-63.24%

Cupid Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	24%
5 Years:	15%
3 Years:	6%
TTM:	36%

Compounded Profit Growth
10 Years:	86%
5 Years:	21%
3 Years:	11%
TTM:	117%

Stock Price CAGR
10 Years:	35%
5 Years:	54%
3 Years:	72%
1 Year:	-31%

Return on Equity
10 Years:	24%
5 Years:	21%
3 Years:	16%
Last Year:	16%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 3:46 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	11	11	11	11	11	11	13	13	13	13	13	13	27
Reserves	7	7	13	25	43	55	63	90	118	129	154	288	294
Borrowings	2	3	2	1	0	2	2	31	0	9	6	12	16
Other Liabilities	4	5	8	14	9	10	15	30	22	23	16	7	22
Total Liabilities	25	27	35	51	63	78	93	165	152	174	189	320	359
Fixed Assets	17	16	16	16	16	16	21	26	29	31	36	58	66
CWIP	0	0	0	0	0	0	0	3	1	6	0	0	0
Investments	0	0	0	0	5	18	22	21	48	54	69	135	131
Other Assets	7	10	19	35	42	44	50	114	74	84	83	126	161
Total Assets	25	27	35	51	63	78	93	165	152	174	189	320	359

Below is a detailed analysis of the balance sheet data for Cupid Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹27.00 Cr.. The value appears strong and on an upward trend. It has increased from 13.00 Cr. (Mar 2024) to ₹27.00 Cr., marking an increase of 14.00 Cr..
For Reserves, as of Sep 2024, the value is ₹294.00 Cr.. The value appears strong and on an upward trend. It has increased from 288.00 Cr. (Mar 2024) to ₹294.00 Cr., marking an increase of 6.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹16.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 12.00 Cr. (Mar 2024) to ₹16.00 Cr., marking an increase of 4.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹22.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 7.00 Cr. (Mar 2024) to ₹22.00 Cr., marking an increase of 15.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹359.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 320.00 Cr. (Mar 2024) to ₹359.00 Cr., marking an increase of 39.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹66.00 Cr.. The value appears strong and on an upward trend. It has increased from 58.00 Cr. (Mar 2024) to ₹66.00 Cr., marking an increase of 8.00 Cr..
For CWIP, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Investments, as of Sep 2024, the value is ₹131.00 Cr.. The value appears to be declining and may need further review. It has decreased from 135.00 Cr. (Mar 2024) to ₹131.00 Cr., marking a decrease of 4.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹161.00 Cr.. The value appears strong and on an upward trend. It has increased from 126.00 Cr. (Mar 2024) to ₹161.00 Cr., marking an increase of 35.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹359.00 Cr.. The value appears strong and on an upward trend. It has increased from 320.00 Cr. (Mar 2024) to ₹359.00 Cr., marking an increase of 39.00 Cr..

Notably, the Reserves (294.00 Cr.) exceed the Borrowings (16.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	2	-0	7	13	20	3	18	19	42	10	33	8
Cash from Investing Activity +	-0	-0	-1	-1	-5	-9	-14	-37	-9	-13	-22	-80
Cash from Financing Activity +	-1	1	-3	-6	-4	-3	-5	16	-33	3	-11	99
Net Cash Flow	0	0	3	6	11	-9	-0	-2	0	-1	-0	27

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	1.00	-1.00	11.00	24.00	34.00	25.00	19.00	21.00	36.00	14.00	35.00	38.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	16	59	67	79	59	100	97	95	65	84	59	102
Inventory Days	63	165	155	60	133	259	168	437	230	197	229	184
Days Payable	32	81	84	27	80	162	135	579	168	134	105	1
Cash Conversion Cycle	47	144	139	112	112	198	130	-46	127	147	183	286
Working Capital Days	49	120	76	82	67	140	118	111	87	111	91	149
ROCE %	9%	3%	48%	79%	72%	43%	29%	50%	28%	17%	26%	27%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	45.06%	45.06%	45.06%	45.06%	45.06%	45.06%	45.06%	45.06%	44.80%	44.80%	45.62%	42.51%
FIIs	0.46%	0.65%	0.59%	0.58%	0.66%	0.45%	0.34%	0.45%	5.19%	5.97%	3.33%	3.14%
Public	54.48%	54.28%	54.35%	54.36%	54.28%	54.49%	54.60%	54.49%	50.00%	49.24%	51.05%	54.34%
No. of Shareholders	29,666	29,414	29,029	27,226	26,333	26,434	28,154	25,582	33,761	95,639	1,12,236	1,16,374

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	2.98	23.68	12.95	21.73	29.87
Diluted EPS (Rs.)	2.97	23.57	12.95	21.73	29.87
Cash EPS (Rs.)	31.88	25.91	14.94	23.68	31.74
Book Value[Excl.RevalReserv]/Share (Rs.)	224.54	125.30	106.60	98.10	77.57
Book Value[Incl.RevalReserv]/Share (Rs.)	224.54	125.30	106.60	98.10	77.57
Dividend / Share (Rs.)	0.00	5.00	4.50	4.50	4.50
Revenue From Operations / Share (Rs.)	127.51	119.45	99.52	107.76	120.90
PBDIT / Share (Rs.)	42.72	34.55	20.47	30.88	41.78
PBIT / Share (Rs.)	40.54	32.32	18.48	28.94	39.91
PBT / Share (Rs.)	39.19	31.73	18.38	28.64	39.51
Net Profit / Share (Rs.)	29.70	23.68	12.96	21.73	29.87
PBDIT Margin (%)	33.50	28.91	20.56	28.66	34.56
PBIT Margin (%)	31.79	27.05	18.57	26.85	33.01
PBT Margin (%)	30.73	26.56	18.47	26.57	32.68
Net Profit Margin (%)	23.29	19.82	13.01	20.16	24.70
Return on Networth / Equity (%)	13.22	18.89	12.15	22.15	38.50
Return on Capital Employeed (%)	17.95	25.55	17.21	29.33	50.67
Return On Assets (%)	12.45	16.72	9.92	19.02	24.17
Total Debt / Equity (X)	0.04	0.03	0.06	0.00	0.30
Asset Turnover Ratio (%)	0.67	0.87	0.81	0.90	1.25
Current Ratio (X)	15.39	7.58	4.46	5.85	2.26
Quick Ratio (X)	14.47	6.63	3.88	5.19	1.99
Inventory Turnover Ratio (X)	3.05	3.30	3.82	2.69	3.82
Dividend Payout Ratio (NP) (%)	0.00	8.44	7.71	4.60	25.10
Dividend Payout Ratio (CP) (%)	0.00	7.72	6.69	4.22	23.62
Earning Retention Ratio (%)	0.00	91.56	92.29	95.40	74.90
Cash Earning Retention Ratio (%)	0.00	92.28	93.31	95.78	76.38
Interest Coverage Ratio (X)	31.66	58.46	202.99	104.55	105.45
Interest Coverage Ratio (Post Tax) (X)	23.02	41.07	129.47	74.56	76.38
Enterprise Value (Cr.)	3221.67	312.48	304.38	261.22	183.33
EV / Net Operating Revenue (X)	18.83	1.96	2.29	1.82	1.14
EV / EBITDA (X)	56.21	6.78	11.15	6.34	3.29
MarketCap / Net Operating Revenue (X)	19.06	2.11	2.39	1.95	1.17
Retention Ratios (%)	0.00	91.55	92.28	95.39	74.89
Price / BV (X)	10.82	2.01	2.23	2.14	1.83
Price / Net Operating Revenue (X)	19.06	2.11	2.39	1.95	1.17
EarningsYield	0.01	0.09	0.05	0.10	0.21

After reviewing the key financial ratios for Cupid Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 2.98. This value is below the healthy minimum of 5. It has decreased from 23.68 (Mar 23) to 2.98, marking a decrease of 20.70.
For Diluted EPS (Rs.), as of Mar 24, the value is 2.97. This value is below the healthy minimum of 5. It has decreased from 23.57 (Mar 23) to 2.97, marking a decrease of 20.60.
For Cash EPS (Rs.), as of Mar 24, the value is 31.88. This value is within the healthy range. It has increased from 25.91 (Mar 23) to 31.88, marking an increase of 5.97.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 224.54. It has increased from 125.30 (Mar 23) to 224.54, marking an increase of 99.24.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 224.54. It has increased from 125.30 (Mar 23) to 224.54, marking an increase of 99.24.
For Dividend / Share (Rs.), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 1. It has decreased from 5.00 (Mar 23) to 0.00, marking a decrease of 5.00.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 127.51. It has increased from 119.45 (Mar 23) to 127.51, marking an increase of 8.06.
For PBDIT / Share (Rs.), as of Mar 24, the value is 42.72. This value is within the healthy range. It has increased from 34.55 (Mar 23) to 42.72, marking an increase of 8.17.
For PBIT / Share (Rs.), as of Mar 24, the value is 40.54. This value is within the healthy range. It has increased from 32.32 (Mar 23) to 40.54, marking an increase of 8.22.
For PBT / Share (Rs.), as of Mar 24, the value is 39.19. This value is within the healthy range. It has increased from 31.73 (Mar 23) to 39.19, marking an increase of 7.46.
For Net Profit / Share (Rs.), as of Mar 24, the value is 29.70. This value is within the healthy range. It has increased from 23.68 (Mar 23) to 29.70, marking an increase of 6.02.
For PBDIT Margin (%), as of Mar 24, the value is 33.50. This value is within the healthy range. It has increased from 28.91 (Mar 23) to 33.50, marking an increase of 4.59.
For PBIT Margin (%), as of Mar 24, the value is 31.79. This value exceeds the healthy maximum of 20. It has increased from 27.05 (Mar 23) to 31.79, marking an increase of 4.74.
For PBT Margin (%), as of Mar 24, the value is 30.73. This value is within the healthy range. It has increased from 26.56 (Mar 23) to 30.73, marking an increase of 4.17.
For Net Profit Margin (%), as of Mar 24, the value is 23.29. This value exceeds the healthy maximum of 10. It has increased from 19.82 (Mar 23) to 23.29, marking an increase of 3.47.
For Return on Networth / Equity (%), as of Mar 24, the value is 13.22. This value is below the healthy minimum of 15. It has decreased from 18.89 (Mar 23) to 13.22, marking a decrease of 5.67.
For Return on Capital Employeed (%), as of Mar 24, the value is 17.95. This value is within the healthy range. It has decreased from 25.55 (Mar 23) to 17.95, marking a decrease of 7.60.
For Return On Assets (%), as of Mar 24, the value is 12.45. This value is within the healthy range. It has decreased from 16.72 (Mar 23) to 12.45, marking a decrease of 4.27.
For Total Debt / Equity (X), as of Mar 24, the value is 0.04. This value is within the healthy range. It has increased from 0.03 (Mar 23) to 0.04, marking an increase of 0.01.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.67. It has decreased from 0.87 (Mar 23) to 0.67, marking a decrease of 0.20.
For Current Ratio (X), as of Mar 24, the value is 15.39. This value exceeds the healthy maximum of 3. It has increased from 7.58 (Mar 23) to 15.39, marking an increase of 7.81.
For Quick Ratio (X), as of Mar 24, the value is 14.47. This value exceeds the healthy maximum of 2. It has increased from 6.63 (Mar 23) to 14.47, marking an increase of 7.84.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 3.05. This value is below the healthy minimum of 4. It has decreased from 3.30 (Mar 23) to 3.05, marking a decrease of 0.25.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 8.44 (Mar 23) to 0.00, marking a decrease of 8.44.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 7.72 (Mar 23) to 0.00, marking a decrease of 7.72.
For Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 91.56 (Mar 23) to 0.00, marking a decrease of 91.56.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 92.28 (Mar 23) to 0.00, marking a decrease of 92.28.
For Interest Coverage Ratio (X), as of Mar 24, the value is 31.66. This value is within the healthy range. It has decreased from 58.46 (Mar 23) to 31.66, marking a decrease of 26.80.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 23.02. This value is within the healthy range. It has decreased from 41.07 (Mar 23) to 23.02, marking a decrease of 18.05.
For Enterprise Value (Cr.), as of Mar 24, the value is 3,221.67. It has increased from 312.48 (Mar 23) to 3,221.67, marking an increase of 2,909.19.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 18.83. This value exceeds the healthy maximum of 3. It has increased from 1.96 (Mar 23) to 18.83, marking an increase of 16.87.
For EV / EBITDA (X), as of Mar 24, the value is 56.21. This value exceeds the healthy maximum of 15. It has increased from 6.78 (Mar 23) to 56.21, marking an increase of 49.43.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 19.06. This value exceeds the healthy maximum of 3. It has increased from 2.11 (Mar 23) to 19.06, marking an increase of 16.95.
For Retention Ratios (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 30. It has decreased from 91.55 (Mar 23) to 0.00, marking a decrease of 91.55.
For Price / BV (X), as of Mar 24, the value is 10.82. This value exceeds the healthy maximum of 3. It has increased from 2.01 (Mar 23) to 10.82, marking an increase of 8.81.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 19.06. This value exceeds the healthy maximum of 3. It has increased from 2.11 (Mar 23) to 19.06, marking an increase of 16.95.
For EarningsYield, as of Mar 24, the value is 0.01. This value is below the healthy minimum of 5. It has decreased from 0.09 (Mar 23) to 0.01, marking a decrease of 0.08.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Cupid Ltd as of April 28, 2025 is: 60.08

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 28, 2025, Cupid Ltd is Overvalued by 18.81% compared to the current share price 74.00

Intrinsic Value of Cupid Ltd as of April 28, 2025 is: 67.70

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 28, 2025, Cupid Ltd is Overvalued by 8.51% compared to the current share price 74.00

Last 5 Year EPS CAGR: 12.68%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 35.92%, which is a positive sign. The company has higher reserves (98.92 cr) compared to borrowings (6.62 cr), indicating strong financial stability. The company has shown consistent growth in sales (105.92 cr) and profit (30.62 cr) over the years.	The stock has a high average Working Capital Days of 100.08, which may not be favorable. The stock has a high average Cash Conversion Cycle of 131.58, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Cupid Ltd:
1. Net Profit Margin: 23.29%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 17.95% (Industry Average ROCE: 36.47%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 13.22% (Industry Average ROE: 29.4%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 23.02
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 14.47
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 37.5 (Industry average Stock P/E: 50.15)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.04
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Cupid Ltd. is a Public Limited Listed company incorporated on 17/02/1993 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L25193MH1993PLC070846 and registration number is 070846. Currently Company is involved in the business activities of Manufacture of rubber contraceptives. Company's Total Operating Revenue is Rs. 171.09 Cr. and Equity Capital is Rs. 13.42 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Personal Care	A - 68, M.I.D.C. (Malegaon), Nasik District Maharashtra 422113	cs@cupidlimited.com http://www.cupidlimited.com

Management
Name	Position Held
Mr. Kuldeep Halwasiya	Chairman & Executive Director
Mr. Aditya Kumar Halwasiya	Managing Director
Mr. Ajay Kumar Halwasiya	Executive Director
Mr. Thallapaka Venkateswara Rao	Ind. Non-Executive Director
Mrs. Rajni Mishra	Ind. Non-Executive Director
Mr. Rajinder Singh Loona	Ind. Non-Executive Director

FAQ

What is the intrinsic value of Cupid Ltd?

Cupid Ltd's intrinsic value (as of 28 April 2025) is ₹60.08 — 18.81% lower the current market price of 74.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 1,988 Cr. market cap, FY2025-2026 high/low of ₹114/50.0, reserves of 294 Cr, and liabilities of 359 Cr.

What is the Market Cap of Cupid Ltd?

The Market Cap of Cupid Ltd is 1,988 Cr..

What is the current Stock Price of Cupid Ltd as on 28 April 2025?

The current stock price of Cupid Ltd as on 28 April 2025 is 74.0.

What is the High / Low of Cupid Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Cupid Ltd stocks is ₹114/50.0.

What is the Stock P/E of Cupid Ltd?

The Stock P/E of Cupid Ltd is 37.5.

What is the Book Value of Cupid Ltd?

The Book Value of Cupid Ltd is 11.9.

What is the Dividend Yield of Cupid Ltd?

The Dividend Yield of Cupid Ltd is 0.00 %.

What is the ROCE of Cupid Ltd?

The ROCE of Cupid Ltd is 21.7 %.

What is the ROE of Cupid Ltd?

The ROE of Cupid Ltd is 16.5 %.

What is the Face Value of Cupid Ltd?

The Face Value of Cupid Ltd is 1.00.