Cupid Limited , a leading manufacturer of contraceptives and personal care products, is making headlines with significant developments in its ownership structure and business outlook.

Promoter Increases Stake

Aditya Kumar Halwasiya, the Promoter, Chairman, and Managing Director of Cupid Limited, has strengthened his position in the company. On September 26, Halwasiya acquired an additional 5,00,000 equity shares through open market transactions. This move increased his personal shareholding from 86,955,582 shares (32.39%) to 87,455,582 shares (32.58%) of the total voting capital.

The acquisition has also bolstered the overall promoter group holding. Including Columbia Petro Chem Private Limited's 34,839,850 shares (12.98%), the combined promoter group stake has risen from 45.37% to 45.56% of the total voting capital.

Anticipation of Best-Ever Q2 Performance

During Cupid Limited's 32nd Annual General Meeting (AGM), Mr. Halwasiya shared an optimistic outlook for the company's second quarter. He stated that Q2 is poised to be the best quarter in the company's history, driven by:

• New product launches
• Accelerating momentum in the FMCG vertical
• A strong pipeline of institutional orders

FY25 Performance Highlights

The company reported robust financial results for the fiscal year 2025:

Cupid's global reach expanded to over 110 countries, and its B2C FMCG division achieved revenues of ₹50+ Crore within a year, with products available in 1.2 lakh retail outlets across India.

Strategic Initiatives and Future Plans

The company outlined several strategic initiatives for FY26:

• Commissioning of the Palava Plant in Maharashtra in H2 FY26
• Establishment of a new UAE subsidiary for acquisitions and strengthening presence in the MENA region
• Expansion of the FMCG business with a target to cross ₹100 Crore in revenues
• Increase retail presence to 1.8 lakh outlets across India
• Scale up global diagnostics exports with new certifications
• Launch new products including flavored and dotted condoms, petroleum jelly mini-packs, and premium women's deodorants

Mr. Halwasiya emphasized, "Cupid is no longer just a contraceptive company, it is transforming into a consumer wellness and health-tech leader, with a clear focus on sustainable growth, global expansion, and innovation while ensuring personal care and preventive healthcare are accessible to all."

The company's strategic shift and robust financial position indicate a strong trajectory for growth and diversification in the coming years.

Cupid Limited , a leading manufacturer of contraceptives and personal wellness products, is poised for a record-breaking performance in the second quarter, according to recent company announcements.

Strong Growth Trajectory

At the company's 32nd Annual General Meeting, Chairman and Managing Director Mr. Aditya Kumar Halwasiya highlighted that Q2 is expected to be the best quarter in Cupid Limited's history. This optimistic outlook is fueled by several key factors:

1. New product launches
2. Accelerating momentum in the FMCG vertical
3. A robust pipeline of institutional orders

Performance Highlights

The company's strong performance has set the stage for its anticipated success:

Strategic Initiatives Driving Growth

Cupid Limited's growth strategy encompasses several key initiatives:

1. Capacity Expansion: The new Palava Plant in Maharashtra is set to be commissioned in H2, boosting production capacity for condoms, diagnostics, and FMCG products.

2. Global Expansion: A new UAE subsidiary has been established to spearhead acquisitions and strengthen the company's presence in the MENA region.

3. Product Certifications: The company has secured UNFPA prequalification for its Brown Caramel Female Condom and is pursuing CE/WHO certifications for its diagnostics kits.

Vision for the Future

Cupid Limited has outlined ambitious goals:

• Achieve ₹100 crore in FMCG revenues
• Expand retail presence to 1.8 lakh outlets across India
• Scale global diagnostics exports with new certifications
• Launch new products including flavored and dotted condoms, petroleum jelly mini-packs, and premium women's deodorants

Management Commentary

Mr. Aditya Kumar Halwasiya stated, "Cupid is no longer just a contraceptive company; it is transforming into a consumer wellness and health-tech leader. With our strategic clarity, disciplined execution, and the strength of our evolving multi-category, multi-geography model, we are confident of sustaining growth momentum while creating lasting value for our shareholders."

Recent Developments

In a separate announcement, the company disclosed that Mr. Aditya Kumar Halwasiya acquired 5,00,000 equity shares of Cupid Limited in the open market on September 25. This acquisition increased his personal shareholding to 32.39% of the company's total share capital, with the total promoter and promoter group holding rising to 45.37%.

As Cupid Limited continues to diversify its product portfolio and expand its global footprint, investors and industry observers will be watching closely to see if the company can deliver on its ambitious growth targets for Q2 and beyond.