Cupid Limited Net Assets
Cupid Limited net assets. Based on the latest financial reports, Cupid Limited (CUPID) has net assets worth Rs4.51 Billion INR (≈ $48.75 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs5.53 Billion ≈ $59.83 Million USD) and total liabilities (Rs1.02 Billion ≈ $11.08 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Cupid Limited (CUPID) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs4.51 Billion |
| % of Total Assets | 81.49% |
| Annual Growth Rate | 20.63% |
| 5-Year Change | 217.05% |
| 10-Year Change | 734.8% |
| Growth Volatility | 21.5 |
Net Assets of Cupid Limited (2006–2026)
Net assets of Cupid Limited from 2006 to 2026. This chart illustrates how Cupid Limited's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Cupid Limited to measure how much of total assets are equity-financed.
Annual Net Assets for Cupid Limited (2006–2026)
The table below shows the annual net assets of Cupid Limited from 2006 to 2026. For live market cap and overall valuation, see Cupid Limited (CUPID) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs4.51 Billion ≈ $48.75 Million |
+31.74% |
| 2025-03-31 | Rs3.42 Billion ≈ $37.01 Million |
+13.58% |
| 2024-03-31 | Rs3.01 Billion ≈ $32.58 Million |
+80.28% |
| 2023-03-31 | Rs1.67 Billion ≈ $18.07 Million |
+17.54% |
| 2022-03-31 | Rs1.42 Billion ≈ $15.38 Million |
+8.66% |
| 2021-03-31 | Rs1.31 Billion ≈ $14.15 Million |
+26.47% |
| 2020-03-31 | Rs1.03 Billion ≈ $11.19 Million |
+36.25% |
| 2019-03-31 | Rs759.35 Million ≈ $8.21 Million |
+15.67% |
| 2018-03-31 | Rs656.50 Million ≈ $7.10 Million |
+21.57% |
| 2017-03-31 | Rs540.02 Million ≈ $5.84 Million |
+49.47% |
| 2016-03-31 | Rs361.30 Million ≈ $3.91 Million |
+49.31% |
| 2015-03-31 | Rs241.98 Million ≈ $2.62 Million |
+30.04% |
| 2014-03-31 | Rs186.08 Million ≈ $2.01 Million |
+0.28% |
| 2013-03-31 | Rs185.56 Million ≈ $2.01 Million |
+11.49% |
| 2012-03-31 | Rs166.45 Million ≈ $1.80 Million |
+8.04% |
| 2011-03-31 | Rs154.06 Million ≈ $1.67 Million |
+9.92% |
| 2010-03-31 | Rs140.17 Million ≈ $1.52 Million |
-7.06% |
| 2009-03-31 | Rs150.81 Million ≈ $1.63 Million |
-14.80% |
| 2008-03-31 | Rs177.01 Million ≈ $1.91 Million |
+15.79% |
| 2007-03-31 | Rs152.87 Million ≈ $1.65 Million |
+44.34% |
| 2006-03-31 | Rs105.91 Million ≈ $1.15 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Cupid Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Cupid Limited Net Assets Breakdown (March 2026)
Cupid Limited net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs1.34 Billion | 29.83% |
| Other Components | Rs3.16 Billion | 70.17% |
| Total Equity | Rs4.51 Billion | 100.00% |
Cupid Limited Competitors by Market Cap
The table below lists competitors of Cupid Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lagercrantz Group AB (publ)
ST:LAGR-B
|
$4.92 Billion |
|
White Mountains Insurance Group Ltd
NYSE:WTM
|
$4.93 Billion |
|
Macy’s Inc
NYSE:M
|
$4.93 Billion |
|
Lantheus Holdings Inc
NASDAQ:LNTH
|
$4.93 Billion |
|
Marex Group plc Ordinary Shares
NASDAQ:MRX
|
$4.92 Billion |
|
Clear Secure Inc
NYSE:YOU
|
$4.92 Billion |
|
CSN Mineração S.A
SA:CMIN3
|
$4.91 Billion |
|
DEME Group NV
BR:DEME
|
$4.91 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cupid Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 3,421,924,000 to 4,508,058,000, a change of 1,086,134,000 (31.7%).
- Net income of 1,082,333,000 contributed positively to equity growth.
- New share issuances of 3,255,000 increased equity.
- Other comprehensive income decreased equity by 958,389,999.
- Other factors increased equity by 958,935,999.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs1.08 Billion | +24.01% |
| Share Issuances | Rs3.25 Million | +0.07% |
| Other Comprehensive Income | Rs-958.39 Million | -21.26% |
| Other Changes | Rs958.94 Million | +21.27% |
| Total Change | Rs- | 31.74% |
Book Value vs Market Value Analysis
This analysis compares Cupid Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 102.87x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 2738.80x to 102.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs0.12 | Rs338.50 | x |
| 2007-03-31 | Rs0.16 | Rs338.50 | x |
| 2008-03-31 | Rs0.19 | Rs338.50 | x |
| 2009-03-31 | Rs0.15 | Rs338.50 | x |
| 2010-03-31 | Rs0.14 | Rs338.50 | x |
| 2011-03-31 | Rs0.13 | Rs338.50 | x |
| 2012-03-31 | Rs0.12 | Rs338.50 | x |
| 2013-03-31 | Rs0.14 | Rs338.50 | x |
| 2014-03-31 | Rs0.14 | Rs338.50 | x |
| 2015-03-31 | Rs0.18 | Rs338.50 | x |
| 2016-03-31 | Rs0.27 | Rs338.50 | x |
| 2017-03-31 | Rs0.40 | Rs338.50 | x |
| 2018-03-31 | Rs0.49 | Rs338.50 | x |
| 2019-03-31 | Rs0.57 | Rs338.50 | x |
| 2020-03-31 | Rs0.78 | Rs338.50 | x |
| 2021-03-31 | Rs98.10 | Rs338.50 | x |
| 2022-03-31 | Rs1.07 | Rs338.50 | x |
| 2023-03-31 | Rs1.25 | Rs338.50 | x |
| 2024-03-31 | Rs2.25 | Rs338.50 | x |
| 2025-03-31 | Rs2.56 | Rs338.50 | x |
| 2026-03-31 | Rs3.29 | Rs338.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cupid Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 24.01%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.26%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 1.23x
- Recent ROE (24.01%) is above the historical average (15.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 28.58% | 23.55% | 0.76x | 1.59x | Rs19.68 Million |
| 2007 | 17.70% | 14.41% | 0.75x | 1.64x | Rs11.77 Million |
| 2008 | 6.14% | 4.46% | 0.87x | 1.57x | Rs-6.83 Million |
| 2009 | -18.02% | -21.99% | 0.44x | 1.86x | Rs-42.26 Million |
| 2010 | -13.87% | -22.88% | 0.34x | 1.77x | Rs-33.46 Million |
| 2011 | 2.52% | 2.03% | 0.71x | 1.74x | Rs-11.53 Million |
| 2012 | 3.52% | 2.26% | 0.99x | 1.58x | Rs-10.78 Million |
| 2013 | 4.62% | 3.02% | 1.15x | 1.33x | Rs-9.98 Million |
| 2014 | 0.28% | 0.27% | 0.74x | 1.42x | Rs-18.09 Million |
| 2015 | 31.85% | 17.34% | 1.27x | 1.44x | Rs52.88 Million |
| 2016 | 44.10% | 26.06% | 1.21x | 1.40x | Rs123.20 Million |
| 2017 | 38.05% | 25.01% | 1.30x | 1.17x | Rs151.48 Million |
| 2018 | 26.03% | 21.94% | 1.00x | 1.19x | Rs105.25 Million |
| 2019 | 20.03% | 18.45% | 0.89x | 1.22x | Rs76.16 Million |
| 2020 | 38.51% | 25.87% | 0.93x | 1.59x | Rs294.94 Million |
| 2021 | 22.15% | 20.59% | 0.92x | 1.16x | Rs158.98 Million |
| 2022 | 12.15% | 13.02% | 0.76x | 1.22x | Rs30.61 Million |
| 2023 | 18.90% | 20.31% | 0.82x | 1.13x | Rs148.70 Million |
| 2024 | 13.23% | 23.79% | 0.52x | 1.06x | Rs97.26 Million |
| 2025 | 11.95% | 22.64% | 0.49x | 1.09x | Rs66.68 Million |
| 2026 | 24.01% | 30.26% | 0.65x | 1.23x | Rs631.53 Million |
Industry Comparison
This section compares Cupid Limited's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $18,635,413,366
- Average return on equity (ROE) among peers: 32.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cupid Limited (CUPID) | Rs4.51 Billion | 28.58% | 0.23x | $4.92 Billion |
| Ambica Agarbathies & Aroma industries Limited (AMBICAAGAR) | $360.72 Million | 3.52% | 2.10x | $4.22 Million |
| Bajaj Consumer Care Limited (BAJAJCON) | $6.53 Billion | 28.29% | 0.25x | $544.20 Million |
| Colgate Palmolive (India) Limited (COLPAL) | $2.93 Billion | 27.29% | 0.69x | $4.80 Billion |
| Dabur India Limited (DABUR) | $56.63 Billion | 25.47% | 0.49x | $7.32 Billion |
| Emami Limited (EMAMILTD) | $9.32 Billion | 43.18% | 0.40x | $1.80 Billion |
| Hindustan Unilever Limited (HINDUNILVR) | $73.01 Billion | 71.41% | 1.45x | $49.87 Billion |
| Honasa Consumer Limited (HONASA) | $11.80 Billion | 6.16% | 0.52x | $1.61 Billion |
| Kaya Limited (KAYA) | $-10.24 Million | 0.00% | 0.00x | $49.40 Million |
| Procter & Gamble Hygiene and Health Care Limited (PGHH) | $7.14 Billion | 91.25% | 1.29x | $2.48 Billion |
About Cupid Limited
Cupid Limited designs, manufactures, markets, and exports male and female condoms in India. The company offers water based lubricant jellies; in vitro diagnostic kits, including rapid diagnostic, viral transport medium, typhoid antibody, syphilis antibody, HIV 1 and 2 kit antibody, dengue IgG/IgM, malaria Pf-Pv and Pf-PAN antigen, hepatitis B (HbsAg) antigen, hepatitis C (HCV) antibody, pregnancy… Read more