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Last Updated on: 30 May, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Cupid Ltd

About the Company - Cupid Ltd

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. 132.73 Cr. and Equity Capital is Rs. 13.34 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Personal CareA - 68, M.I.D.C. (Malegaon), Nasik District Maharashtra 422113cs@cupidlimited.com
http://www.cupidlimited.com
Management
NamePosition Held
Mr. Omprakash Chhangamal GargChairman & Managing Director
Mr. Suresh Chand Chhangamal GargNon Exe.Non Ind.Director
Mrs. Veena Omprakash GargNon Exe.Non Ind.Director
Mr. Jandhyala L SarmaInd. Non-Executive Director
Mr. Sunil SurekaInd. Non-Executive Director
Ms. Nalini Madhusudan MishraInd. Non-Executive Director

Basic Stock Data of Cupid Ltd

Last Updated: May 14, 2024, 11:59 pm

Market Cap 2,581 Cr.
Current Price 96.0
High / Low142/12.0
Stock P/E64.8
Book Value 7.65
Dividend Yield0.26 %
ROCE22.4 %
ROE17.0 %
Face Value 1.00
PEG Ratio-7.69

Cupid Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales30.8547.8841.7033.5634.0736.9832.4231.4946.2142.9143.4935.2036.45
Expenses20.7234.5632.6625.0227.2732.6224.8125.0333.2628.8330.9031.8629.23
Operating Profit10.1313.329.048.546.804.367.616.4612.9514.0812.593.347.22
OPM %32.84%27.82%21.68%25.45%19.96%11.79%23.47%20.51%28.02%32.81%28.95%9.49%19.81%
Other Income0.000.000.000.000.000.000.000.000.000.000.000.000.00
Interest0.110.030.040.020.040.040.040.080.060.080.570.400.08
Depreciation0.650.670.640.610.610.620.810.650.710.780.830.710.72
Profit before tax9.3712.628.367.916.153.706.765.7312.1813.2211.192.236.42
Tax %24.33%24.72%22.61%24.78%24.39%32.43%38.17%19.02%29.64%24.05%25.47%3.14%20.25%
Net Profit7.089.506.475.954.652.494.194.638.5810.038.342.165.12
EPS in Rs5.317.124.854.463.491.873.143.476.437.526.251.623.84

Last Updated: May 2, 2024, 6:15 am

Cupid Ltd Quarterly Chart

Cupid Ltd Profit & Loss

Last Updated: May 2, 2024, 6:15 am

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales2628204461848185160143133159158
Expenses2325173236505365108107109118121
Operating Profit33213253427215236234137
OPM %10%10%10%29%41%41%34%24%33%25%17%26%24%
Other Income0001211235450
Interest1000000011011
Depreciation1122222223333
Profit before tax11011253226215338254233
Tax %18%37%60%33%36%37%34%27%24%24%30%25%
Net Profit1108162117154029173226
EPS in Rs0.500.650.045.8011.9815.4512.8511.4029.8721.7312.9623.6819.23
Dividend Payout %0%0%0%22%21%22%29%35%15%21%35%21%

Cupid Ltd Profit & Loss Yearly Chart

Cupid Ltd Growth

Compounded Sales Growth
10 Years:24%
5 Years:15%
3 Years:6%
TTM:7%
Compounded Profit Growth
10 Years:86%
5 Years:21%
3 Years:12%
TTM:27%
Stock Price CAGR
10 Years:68%
5 Years:70%
3 Years:105%
1 Year:662%
Return on Equity
10 Years:24%
5 Years:21%
3 Years:17%
Last Year:17%

Last Updated: May 14, 2024, 11:59 pm

Cupid Ltd Balance Sheet

Last Updated: May 2, 2024, 6:15 am

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital10111111111111131313131313
Reserves777132543556390118129154158
Borrowings52321022310969
Other Liabilities545814910153022231631
Total Liabilities2625273551637893165152174189212
Fixed Assets17171616161616212629313636
CWIP0000000031600
Investments00000518222148546966
Other Assets97101935424450114748483110
Total Assets2625273551637893165152174189212

Cupid Ltd Reserves and Borrowings Chart

Cupid Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 22-07132031819421033
Cash from Investing Activity -0-0-0-1-1-5-9-14-37-9-13-22
Cash from Financing Activity -1-11-3-6-4-3-516-333-11
Net Cash Flow0003611-9-0-20-1-0

Cupid Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days3816596779591009795658459
Inventory Days876316515560133259168437230197229
Days Payable533281842780162135579168134105
Cash Conversion Cycle7247144139112112198130-46127147183
Working Capital Days33491207682671401181118711191
ROCE %8%9%3%48%79%72%43%29%50%28%17%26%

Cupid Ltd Financial Efficiency Indicators Chart

Cupid Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters45.06%45.06%45.06%45.06%45.06%45.06%45.06%45.06%45.06%45.06%45.06%45.06%
FIIs0.00%0.26%0.27%0.28%0.46%0.65%0.59%0.58%0.66%0.45%0.34%0.45%
DIIs0.03%0.03%0.04%0.03%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public54.91%54.64%54.63%54.63%54.48%54.28%54.35%54.36%54.28%54.49%54.60%54.49%
No. of Shareholders28,00432,62533,54832,41329,66629,41429,02927,22626,33326,43428,15425,583

Cupid Ltd Shareholding Pattern Chart

No. of Cupid Ltd Shareholders

This stock is not held by any mutual fund

Cupid Ltd ROCE Trend

Cupid Ltd EPS Trend

Cupid Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)23.6812.9521.7329.8711.40
Diluted EPS (Rs.)23.5712.9521.7329.8711.40
Cash EPS (Rs.)25.9114.9423.6831.7412.91
Book Value[Excl.RevalReserv]/Share (Rs.)125.30106.6098.1077.5756.93
Book Value[Incl.RevalReserv]/Share (Rs.)125.30106.6098.1077.5756.93
Dividend / Share (Rs.)5.004.504.504.504.00
Revenue From Operations / Share (Rs.)119.4599.52107.76120.9064.08
PBDIT / Share (Rs.)34.5520.4730.8841.7817.27
PBIT / Share (Rs.)32.3218.4828.9439.9115.76
PBT / Share (Rs.)31.7318.3828.6439.5115.68
Net Profit / Share (Rs.)23.6812.9621.7329.8711.40
PBDIT Margin (%)28.9120.5628.6634.5626.95
PBIT Margin (%)27.0518.5726.8533.0124.59
PBT Margin (%)26.5618.4726.5732.6824.46
Net Profit Margin (%)19.8213.0120.1624.7017.79
Return on Networth / Equity (%)18.8912.1522.1538.5020.02
Return on Capital Employeed (%)25.5517.2129.3350.6726.94
Return On Assets (%)16.729.9219.0224.1716.36
Total Debt / Equity (X)0.030.060.000.300.03
Asset Turnover Ratio (%)0.870.810.901.250.99
Current Ratio (X)7.584.465.852.264.80
Quick Ratio (X)6.633.885.191.994.27
Inventory Turnover Ratio (X)3.303.822.693.824.41
Dividend Payout Ratio (NP) (%)8.447.714.6025.1027.04
Dividend Payout Ratio (CP) (%)7.726.694.2223.6223.87
Earning Retention Ratio (%)91.5692.2995.4074.9072.96
Cash Earning Retention Ratio (%)92.2893.3195.7876.3876.13
Interest Coverage Ratio (X)58.46202.99104.55105.45214.68
Interest Coverage Ratio (Post Tax) (X)41.07129.4774.5676.38142.74
Enterprise Value (Cr.)312.48304.38261.22183.33178.40
EV / Net Operating Revenue (X)1.962.291.821.142.09
EV / EBITDA (X)6.7811.156.343.297.74
MarketCap / Net Operating Revenue (X)2.112.391.951.172.16
Retention Ratios (%)91.5592.2895.3974.8972.95
Price / BV (X)2.012.232.141.832.44
Price / Net Operating Revenue (X)2.112.391.951.172.16
EarningsYield0.090.050.100.210.08

Cupid Ltd Profitability Ratios (%)

Cupid Ltd Liquidity Ratios

Cupid Ltd Liquidity Ratios (%)

Cupid Ltd Interest Coverage Ratios (%)

Cupid Ltd Valuation Ratios

Fair Value

Fair Value: ₹84.49

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.

Overvalued: 11.99% compared to the current price ₹96

Intrinsic Value: ₹77.37

Calculation basis:

  • Fair 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 fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Overvalued: 19.41% compared to the current price ₹96

Last 5 Year EPS CAGR: -8.43%

*Investments are subject to market risks

Strength and Weakness of Cupid Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 34.33%, which is a positive sign.
  2. The company has higher reserves (66.85 cr) compared to borrowings (5.54 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (90.92 cr) and profit (23.69 cr) over the years.
  1. The stock has a high average Working Capital Days of 90.42, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 113.75, which may not be favorable.

FAQ

What is the latest fair value of Cupid Ltd?

The latest fair value of Cupid Ltd is ₹84.49.

What is the Market Cap of Cupid Ltd?

The Market Cap of Cupid Ltd is 2,581 Cr..

What is the current Stock Price of Cupid Ltd as on 19 May 2024?

The current stock price of Cupid Ltd as on 19 May 2024 is 96.0.

What is the High / Low of Cupid Ltd stocks in FY 2024?

In FY 2024, the High / Low of Cupid Ltd stocks is ₹142/12.0.

What is the Stock P/E of Cupid Ltd?

The Stock P/E of Cupid Ltd is 64.8.

What is the Book Value of Cupid Ltd?

The Book Value of Cupid Ltd is 7.65.

What is the Dividend Yield of Cupid Ltd?

The Dividend Yield of Cupid Ltd is 0.26 %.

What is the ROCE of Cupid Ltd?

The ROCE of Cupid Ltd is 22.4 %.

What is the ROE of Cupid Ltd?

The ROE of Cupid Ltd is 17.0 %.

What is the Face Value of Cupid Ltd?

The Face Value of Cupid Ltd is 1.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Cupid Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE