Condom maker gives 500% return in one year; Big step taken by the promoter, what will be the result?

• The condom company’s share rocketed!
• 500% return given in 1 year
• Now see what the promoter did

Condoms (Condom maker) Cupid shares have so far this year to investors Effective returns are given. This stock has increased by more than 500 percent. Moreover, it has grown almost 10 times in the last two years. On Wednesday, December 24, the stock gained over 1 percent to close at ₹474.65. Cupid manufactures and supplies male and female condoms as well as water-based lubricant jellies and IVD kits. The company’s current production capacity is 480 million male condoms, 52 million female condoms and 210 million lubricant jelly sachets per year.

Cupid’s plant and world recognition

Cupid’s manufacturing unit is located near Sinnar in Maharashtra’s Nashik district, about 200 km east of Mumbai. The company claims to be the first company in the world to receive pre-qualification status from WHO and UNFPA for supply of male and female condoms.

Significant reduction in pledged shares

In an exchange filing on December 23, the company said the stake pledged by the promoter has been reduced to 20 per cent. On September 30, it was 36.13 percent. The company said the cut reflects its strong financial position and promoters’ confidence in long-term growth. This is expected to improve investor confidence.

Also Read: Man In Chennai Bought Condoms Worth Rs 1,06,398 In 1 Year, Shocked To See Instamart App Online Shopping

Cupid Management Statement

According to Aditya Kumar Halvasia, Chairman and Managing Director, Cupid, the reduction in shares pledged by the promoter is a sign of a strong balance sheet and sustainable business momentum. He said this reflects financial discipline, transparency and commitment to creating long-term value for shareholders.

Cupid Share Price Performance

Kamid shares have consistently given strong returns in recent times. Over the past five days, the stock has gained nearly 10 percent. In one month, the stock has gained nearly 41 percent. In six months, it has grown by 395 percent. The stock has gained 524 percent so far in 2025, while its return in the last five years has reached 3,752 percent. Currently, Cupid’s P/E ratio is 264.54, indicating that the stock is trading at a high valuation. The current market cap of the company is approximately ₹12,743 crore.

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