Cupid Ltd. News and Updates

Name: Latest research reports of Cupid Ltd. authored by BOB Capital Markets Ltd. and published by - Trendlyne research reports.
Item: Cupid Ltd.
Rating: 5
Author: BOB Capital Markets Ltd.

Keep track of all breaking news on Cupid Ltd. from all sources in a single place.

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Cupid Ltd.

30 May 2017

218.90

0.45%

Cupid Limited Q4FY17 Result Review

Buy: Cupid Ltd.

Target

BOB Capital Markets Ltd.

FY17 was, historically, the best year for Cupid with a revenue/earnings growth of ~35.6%/29% as compared to FY16. The Company's revenue stood at ~Rs.828 mn vs. 611 mn in FY16, due to a robust order book with ~52% of the revenue contribution from female condom. During the year, Cupid also witnessed 5% revenue contribution from its new lubricant jelly. Further, the Company continued to maintain a high EBITDA margin which stood at 39% due to increasing contribution high margin female condom and lubricant jelly. However, this is a ~242 bps...

Promoters unpledged 4.55% of shares in last quarter. Total pledge stands at 35.97% of promoter holdings

Cupid Ltd.

18 Jul 2016

218.90

0.45%

Cupid Limited Q1FY17 Result Review

Buy: Cupid Ltd.

BOB Capital Markets Ltd.

Increasing Product basket: Cupid Ltd. launched a new version of the female condom known as Cupid 3 in order to further widen its product basket. A typical Cupid female condom has a donut shaped soft polyurethane foam at the closed end, whereas, the new Cupid 3 has a plate instead of the polyurethane foam. This would ensure ease of carrying and wearing a female condom. The previous version, Cupid 2, is currently under review by the...

Promoters unpledged 4.55% of shares in last quarter. Total pledge stands at 35.97% of promoter holdings

Is Cupid Ltd. worth buying?

457 Votes:

Buy 80.74%

Sell 10.28%

Hold 8.97%

New 52W High today

Cupid Ltd. News and Updates

Keep track of all breaking news on Cupid Ltd. from all sources in a single place.