NSEI:CUPID

Stock Analysis Report

Executive Summary

Cupid Limited designs, manufactures, and supplies male and female condoms in India and internationally.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.


Similar Companies

Share Price & News

How has Cupid's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.0%

CUPID

1.6%

IN Personal Products

1.4%

IN Market


1 Year Return

-26.8%

CUPID

5.7%

IN Personal Products

2.3%

IN Market

Return vs Industry: CUPID underperformed the Indian Personal Products industry which returned 5.7% over the past year.

Return vs Market: CUPID underperformed the Indian Market which returned 2.3% over the past year.


Shareholder returns

CUPIDIndustryMarket
7 Day-1.0%1.6%1.4%
30 Day-4.5%3.1%2.7%
90 Day30.3%4.3%-1.4%
1 Year-24.7%-26.8%6.9%5.7%4.3%2.3%
3 Year-46.2%-49.2%39.3%34.0%20.9%14.9%
5 Yearn/a114.3%103.5%41.2%28.2%

Price Volatility Vs. Market

How volatile is Cupid's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Cupid undervalued compared to its fair value and its price relative to the market?

9.65x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: CUPID (₹136.6) is trading above our estimate of fair value (₹115.42)

Significantly Undervalued: CUPID is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: CUPID is good value based on its PE Ratio (9.7x) compared to the Personal Products industry average (31.1x).

PE vs Market: CUPID is good value based on its PE Ratio (9.7x) compared to the Indian market (13x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate CUPID's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CUPID is good value based on its PB Ratio (2.4x) compared to the IN Personal Products industry average (2.4x).


Next Steps

Future Growth

How is Cupid forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CUPID's forecast earnings growth (9.9% per year) is above the savings rate (7.6%).

Earnings vs Market: CUPID's earnings (9.9% per year) are forecast to grow slower than the Indian market (18.1% per year).

High Growth Earnings: CUPID's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if CUPID's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if CUPID's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if CUPID's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Cupid performed over the past 5 years?

9.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: CUPID's earnings have grown by 9.5% per year over the past 5 years.

Accelerating Growth: CUPID's earnings growth over the past year (9.6%) exceeds its 5-year average (9.5% per year).

Earnings vs Industry: CUPID earnings growth over the past year (9.6%) underperformed the Personal Products industry 10.4%.


Return on Equity

High ROE: CUPID's Return on Equity (24.9%) is considered high.


Return on Assets

ROA vs Industry: CUPID has a higher Return on Assets than the Personal Products industry average last year.


Return on Capital Employed

ROCE Improving: CUPID's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Cupid's financial position?


Financial Position Analysis

Short Term Liabilities: CUPID's short term assets (₹716.9M) exceeds its short term liabilities (₹149.2M)

Long Term Liabilities: CUPID's short term assets (716.9M) exceeds its long term liabilities (20.9M)


Debt to Equity History and Analysis

Debt Level: CUPID's debt to equity ratio (3%) is considered satisfactory

Reducing Debt: CUPID's debt to equity ratio has reduced from 14.9% to 3% over the past 5 years.

Debt Coverage: CUPID's debt is well covered by operating cash flow (562.9%).

Interest Coverage: CUPID's interest payments on its debt are well covered by EBIT (178.1x coverage).


Balance Sheet

Inventory Level: CUPID has a high level of physical assets or inventory.

Debt Coverage by Assets: CUPID's debt is covered by short term assets (assets are 31.271400x debt).


Next Steps

Dividend

What is Cupid's current dividend yield, its reliability and sustainability?

2.93%

Current Dividend Yield


Dividend Yield vs Market

company2.9%marketbottom25%0.6%markettop25%2.5%industryaverage1.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: CUPID's dividend (2.93%) is higher than the bottom 25% of dividend payers in the Indian market (0.61%).

High Dividend: CUPID's dividend (2.93%) is in the top 25% of dividend payers in the Indian market (2.51%)

Stable Dividend: CUPID has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: CUPID's dividend payments have increased, but the company has only paid a dividend for 4 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (28.3%), CUPID's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Cupid's salary, the management and board of directors tenure and is there insider trading?

5.0yrs

Average board tenure


CEO

Omprakash Garg (76yo)

0yrs

Tenure

₹10,868,586

Compensation

Mr. Omprakash Chhangamal Garg serves as Managing Director of Cupid Ltd. Mr. Garg serves as the Chairman of Cupid Ltd. and has been its Whole Time Director since August 8, 1994. He served as Compliance Offi ...


CEO Compensation Analysis

Compensation vs. Market: Omprakash's total compensation ($USD152.19K) is about average for companies of similar size in the Indian market ($USD27.28K).

Compensation vs Earnings: Omprakash's compensation has been consistent with company performance over the past year.


Board Age and Tenure

5.0yrs

Average Tenure

72yo

Average Age

Experienced Board: CUPID's board of directors are considered experienced (5 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Omprakash Garg (76yo)

    Chairman & MD

    • Tenure: 0yrs
    • Compensation: ₹10.87m
  • Durgesh Garg (49yo)

    Chief Operating Officer

    • Tenure: 0yrs
  • Pawan Bansal (56yo)

    Senior Marketing Manager

    • Tenure: 0yrs
    • Compensation: ₹575.00k
  • Sachin Prasad (53yo)

    Country Manager

    • Tenure: 0yrs
  • Saurabh Karmase (29yo)

    Company Secretary & Compliance Officer

    • Tenure: 0yrs
  • Narendra Joshi

    Chief Financial Officer

    • Tenure: 3.6yrs
    • Compensation: ₹687.00k
  • Subidita Roy (44yo)

    Secretary to CMD & Marketing Officer

    • Tenure: 0yrs

Board Members

  • Veena Garg (68yo)

    Non-Executive Non-Independent Woman Director

    • Tenure: 5yrs
    • Compensation: ₹520.00k
  • Omprakash Garg (76yo)

    Chairman & MD

    • Tenure: 0yrs
    • Compensation: ₹10.87m
  • Jandhyala Sharma (80yo)

    Non-Executive Independent Director

    • Tenure: 5yrs
    • Compensation: ₹550.00k
  • Pradeep Jain (45yo)

    Non-Executive Independent Director

    • Tenure: 10.7yrs
    • Compensation: ₹655.00k

Company Information

Cupid Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Cupid Limited
  • Ticker: CUPID
  • Exchange: NSEI
  • Founded: 1993
  • Industry: Personal Products
  • Sector: Household
  • Market Cap: ₹1.823b
  • Shares outstanding: 13.34m
  • Website: https://www.cupidlimited.com

Number of Employees


Location

  • Cupid Limited
  • A - 68, M. I. D. C. (Malegaon)
  • Sinnar
  • Nashik
  • Maharashtra
  • 422113
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
530843BSE (Mumbai Stock Exchange)YesEquity SharesININROct 1996
CUPIDNSEI (National Stock Exchange of India)YesEquity SharesININROct 1996

Biography

Cupid Limited designs, manufactures, and supplies male and female condoms in India and internationally. The company also offers water based lubricant jellies; and hand sanitizers. In addition, it provides  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 12:57
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.