Cupid Ltd. share price target and research reports

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.

Latest analyst research reports with target prices and PDF download for CUPID, BSE:530843 Cupid Ltd.

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Cupid Ltd.

30 May 2017

421.00

-1.92%

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...

Cupid has gained 46.20% in the last 3 Months

Cupid Ltd.

18 Jul 2016

421.00

-1.92%

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...

Cupid Ltd. is trading above its 200 day SMA of 239.0

Is Cupid Ltd. worth buying?

615 Votes:

Buy 80.0%

Sell 9.92%

Hold 10.08%