Cupid Ltd. Share Screener

About Cupid Ltd.

Cupid Limited is a leading Indian manufacturer of male condoms, female condoms, water-based lubricants, and reproductive healthcare products. The company serves both domestic and international markets, supplying products to governments, NGOs, and global healthcare organizations.

Company Overview

Particulars	Details
Company Name	Cupid Ltd.
Sector	Healthcare
Industry	Medical Devices & Reproductive Healthcare
Headquarters	India
Business Model	Manufacturing & Export
Key Products	Male Condoms, Female Condoms, Lubricants
Market Reach	India, Africa, Asia & Global Markets

Product Portfolio

Key Revenue Segments

Male Condoms
Female Condoms
Personal Lubricants
Institutional Healthcare Supplies
International Tender Orders

Investment Highlights

✔ Niche Market Leadership

Cupid is among the few global manufacturers of female condoms, giving it a competitive advantage.

✔ Strong Export Business

A significant portion of revenue comes from international markets and healthcare agencies.

✔ Low Debt Profile

The company has historically maintained a conservative balance sheet.

✔ Healthcare Demand Growth

Increasing awareness of family planning and reproductive health supports long-term demand.

✔ Government & NGO Contracts

Regular tender participation provides revenue visibility.

Fundamental Screener

Metric	Assessment
Revenue Growth	Positive Long-Term Trend
Profit Margin	Healthy
Debt	Low
Cash Position	Comfortable
Export Revenue	Strong
ROE Potential	Good
Business Scalability	Moderate to High

Growth Drivers

📈 Expansion into international healthcare markets.

📈 Increasing demand for reproductive healthcare products.

📈 New product launches and healthcare solutions.

📈 Government family-planning initiatives worldwide.

📈 Growth in institutional procurement programs.

Risks

⚠ Dependence on large tender orders.

⚠ Currency fluctuations affecting export earnings.

⚠ Regulatory approvals in overseas markets.

⚠ Competition from global healthcare manufacturers.

⚠ Raw material price volatility.

Technical Screener Checklist

✅ Long-term uptrend intact.

✅ Strong volume during breakout periods.

✅ Institutional order wins can act as stock catalysts.

✅ Monitor support levels for fresh entries.

✅ Watch quarterly earnings for momentum confirmation.

SWOT Analysis

Strengths	Weaknesses
Global niche product portfolio	Tender dependency
Strong export presence	Limited product diversification
Low debt	Smaller scale compared to large healthcare firms

Opportunities	Threats
International expansion	Regulatory changes
Healthcare awareness growth	Global competition
New healthcare products	Currency risks

Long-Term Outlook

Cupid Ltd. remains an interesting small-cap healthcare company with a niche product portfolio, export opportunities, and relatively strong financial characteristics. Investors looking for exposure to healthcare exports and specialized medical products may keep the stock on their watchlist while monitoring order flow, margins, and international business growth.