What happened
Cupid Limited, listed on NSE and BSE, rose from Rs 2.33 four years ago to Rs 279.70 by 14 September 2026, with a 166.43% gain year-to-date and 605% over one year, after Q1 FY27 net profit jumped 194% to Rs 44.15 crore.
Cupid Limited closed at Rs 279.70 on 14 September 2026, up from Rs 2.33 four years ago. LiveMint framed it as Rs 1 lakh then becoming roughly Rs 1.20 crore now.
The 2026 leg has been sharp: +166.43% year-to-date and +605.24% over one year, with revenue up 142% YoY to Rs 156.98 crore and EBITDA up 265% to Rs 60.06 crore in Q1 FY27.
Promoter conviction added fuel. On 9 September 2026 Chairman Aditya Kumar Halwasiya bought 15 lakh shares, taking his stake to 33.80% and the promoter group to 46.75%.
Management lifted FY27 guidance to Rs 725-750 crore revenue and Rs 210-225 crore PAT on 10% export price hikes. The stock remains on long-term ASM with P/E above 100, flagging high volatility.
Timeline: From Rs 2.33 to Rs 279.70
Four-year compounding driven by export scale-up and margin expansion.
- Four years ago — Cupid trades near Rs 2.33 (LiveMint base level).
- 10 Aug 2026 — ET reports Q1 FY27 profit jumps 3x, guidance outlook eyed.
- 9 Sep 2026 — Chairman Aditya Kumar Halwasiya buys 15 lakh shares in open market.
- 14 Sep 2026 — LiveMint flags multibagger milestone: YTD +166.43%, 1-year +605.24%.
What is confirmed
Q1 FY27 earnings, promoter purchase and ASM status are directly sourced; headline return math is illustrative.
- Q1 FY27: Net profit Rs 44.15 cr (+194% YoY), EBITDA Rs 60.06 cr (+265% YoY), margin 39%.
- Promoter open-market buy of 15 lakh shares (0.11%) on 9 Sep 2026.
- Long-term ASM listing on BSE and NSE flags high volatility.
Why it matters for me
The rally has put a low-priced consumer-healthcare stock firmly on retail screens, but its long-term ASM tag and P/E above 100 mean volatility and valuation risk stay elevated even as guidance was raised.
Money
Retail Investors
Holders who bought early saw outsized notional gains, but chasing the rally at P/E above 100 exposes new buyers to sharp drawdowns.
Work
Business Executives
Sustained B2B healthcare and export order momentum supports hiring and capacity expansion if guidance is met.
Daily Life
General Public
Viral multibagger headlines can pull first-time investors into high-volatility ASM stocks without understanding storage and research risks.
What to remember
Patience paid for Cupid holders, but the math now demands earnings delivery.
Rs 2.33 to Rs 279.70 in 4 years: Cupid turns Rs 1 lakh into Rs 1.20 crore on 166% YTD rally and 3x Q1 profit jump.
Verified sources (3)
Rs 2.33 to Rs 279.70: Multibagger penny stock turns Rs 1 lakh into Rs 1.20 crore in four years
↗Cupid's Aditya Kumar Halwasiya ups stake again; buys 15 lakh shares
↗Cupid shares fall 2% even as Q1 profit jumps 3x. What's ahead for multibagger stock that rose 680% in a year?
↗Claims and linked sources
7 claimsAs of 14 Sep 2026 Cupid share price had surged 166.43% on a year-to-date basis and 605.24% over one year.
Over four years Cupid stock moved from Rs 2.33 to Rs 279.70, turning a Rs 1 lakh investment into roughly Rs 1.20 crore — a return in excess of 1,100%.
Cupid posted consolidated net profit of Rs 44.15 crore in Q1 FY27, up 194% YoY; revenue grew 142% YoY to Rs 156.98 crore and EBITDA jumped 265% YoY to Rs 60.06 crore, with EBITDA margin expanding 1,127 bps to 39%.
On 9 Sep 2026, Cupid Chairman & MD Aditya Kumar Halwasiya acquired 15 lakh shares (0.11% of equity) in the open market, lifting his personal stake to 33.80% and the promoter group holding to 46.75%.
Cupid raised its FY27 guidance to Rs 725–750 crore in revenue and Rs 210–225 crore in net profit, citing a minimum 10% price increase across its export portfolio and a favourable USD/INR environment.
Cupid securities are placed under the long-term Additional Surveillance Measure (ASM) framework on both BSE and NSE, a listing that flags high share-price volatility.
Cupid's market capitalisation is in the Rs 35,000–37,600 crore range as of early-to-mid September 2026, with a trailing P/E above 100.