Cupid Breweries and Distilleries share price & results
- Sept 2026
- Sept 2026
Mumbai-registered alcoholic-beverage maker producing beer, IMFL and craft spirits, expanding via new contract-bottling units in Goa, Karnataka, West Bengal and Maharashtra.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 0.00 | Quarterly, as filed | Quarter to Sept 2026 | Revenue from operations as filed. The year-earlier figure was zero or a loss, so no percentage is shown. | |
| Operating margin | Operating profit / revenue | Quarter to Sept 2026 | Not in the filed figures for the quarter to sept 2026. No older figure is substituted. | ||
| Net profit | -0.93 | Quarterly, as filed | Quarter to Sept 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. | |
| Return on equity | -0.61 | Trailing twelve months | TTM to Sept 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. | |
| Free cash flow margin | Fiscal year | FY ending Mar 2026 | Not in the analysed materials. No older figure is substituted. | ||
| Revenue growth (YoY) | Trailing twelve months | TTM to Sept 2026 | Not in the analysed materials. No older figure is substituted. |
Price
Performance −76.0% 1Y
1Y: ₹104.68 on 24 Oct 2025 → ₹25.1. High ₹106.8 (28 Oct 2025), low ₹19.34 (30 Mar 2026).
- Previous close
- ₹24.79
- Market cap
- ₹299 Cr
- 52-week range
- ₹19.34 – ₹106.8
- One year
- −76.26%
- Return on equity (TTM to Sept 2026)
- -0.61%
Overview
- Symbol
- NSE:CUPIDALBV
- Exchange
- NSE
- Currency
- INR
What CUPID BREWERIES AND DISTILLERIES LIMITED does
Based on the company's own presentations, annual report and earnings calls.
Cupid Breweries and Distilleries Limited manufactures and sells alcoholic beverages — beer, Indian Made Foreign Liquor (IMFL) and craft spirits — and operates as a single reporting segment. The company is building out its production base through new brewing/bottling units run as contract-bottling operations in Goa, Mysore (Karnataka), Kalyani (West Bengal) and Pune (Maharashtra). Its subsidiary, Crochet Industries Pvt. Ltd., is developing an integrated resort and converting an IMFL unit into a malt-spirit facility at Gopalpur, Odisha.
Segments
- Alcoholic beverages
- Brewing/bottling units under development
- 4 (Goa, Karnataka, West Bengal, Maharashtra)
- Installed capacity – Mysore, Karnataka unit
- 800 KL/month (8,000 HL)
- Annual production capacity – Mysore unit
- 800,000+ cases/year
- Production capacity – Kalyani, West Bengal unit
- 90,000 cases/shift, up to 1,80,000 cases in double shifts
- Production capacity – Goa (Ponda) unit
- 75,000 cases/shift, scalable to 1,50,000 cases in double shifts
- Production lines – Kalyani unit
- 3 (4th automatic line planned)
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 1 fiscal year held (Mar 2026 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +61% (quarter to sept 2026 against sept 2025).
| Line item | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0 | 0 | 0 | 2 | 1 | 1 | 0 | 0 |
| Operating profit | -0 | 0 | -0 | -2 | -1 | -1 | -0 | -0 |
| Operating margin | −42.3% | −366.7% | — | — | — | — | — | — |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | -0 | -2 | -1 | -1 | -1 | -1 |
| Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net profit | 0 | 0 | -0 | -2 | -1 | -1 | -1 | -1 |
| EPS (₹ per share) | 2.08 | 0 | -0.07 | -0.46 | -0.22 | -0.14 | -0.09 | -0.10 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 0 |
| Expenses | 0 | 1 | 1 | 4 |
| Operating profit | -0 | -1 | -1 | -4 |
| Other income | 0 | 1 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | -0 | -0 | -0 | -5 |
| Net profit | -0 | -0 | -0 | -5 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 | Sept 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 1 | 1 | 1 | 52 | 95 | 92 |
| Reserves | -2 | -2 | -3 | 252 | 596 | 596 |
| Borrowings | 1 | 2 | 7 | 2 | 33 | 38 |
| Other liabilities | 1 | 0 | 1 | 2 | 13 | 12 |
| Total liabilities | 0 | 1 | 7 | 308 | 736 | 738 |
| Fixed assets | 0 | 0 | 0 | 0 | 16 | 15 |
| Capital work in progress | 0 | 0 | 0 | 0 | 34 | 34 |
| Investments | 0 | 0 | 1 | 0 | 625 | 622 |
| Other assets | 0 | 1 | 5 | 308 | 62 | 66 |
| Total assets | 0 | 1 | 7 | 308 | 736 | 738 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | -0 | -0 | -0 | -1 | -2 | -18 |
| Cash from investing | 0 | 0 | 0 | 2 | -3 | -599 |
| Cash from financing | 0 | 0 | 0 | 0 | 5 | 616 |
| Net cash flow | 0 | 0 | -0 | 0 | 0 | -0 |
| Free cash flow | -0 | -0 | -0 | -1 | -2 | -38 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 0 | 97 | 61 | — | 422 | — |
| Inventory days | — | — | — | — | 0 | — |
| Cash conversion cycle | 0 | 97 | 61 | — | 422 | — |
| Working capital days | -7422 | -257 | -3285 | — | 692 | — |
| Return on capital employed | — | — | — | −9.1% | −16.1% | — |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Ownership
Who owns it
Promoters hold 54.00% as of Sept 2026.
- Promoters 54.00%
- Public 46.00%
Who is on the register
Named in the Sep 2026 filing
Every holder of CUPID BREWERIES AND DISTILLERIES LIMITED above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 27.00% | unchanged | |
| 27.00% | unchanged | |
| 11.58% | unchanged | |
| 7.12% | unchanged | |
| 1.63% | unchanged | |
| 1.46% | −0.10 pp | |
| — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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