Analysis published 03 Apr 2026

AI-generated · cited to primary sources · not investment advice

Cupid (530843) Jan 2024 Filing Analysis

03 · Future Growth

Where does growth come from?

New Category Adoption Expanding TAM

The company is aggressively expanding its male condom capacity by 62.5% within the next two quarters through the addition of new dipping lines. (3 accelerating, 2 steady across 5 signals)

in the coming two quarters you will be able to see at least by end of this year 2024, 3 to 4 dipping lines being introduced, and thereby giving us a further capacity of close to 300 million units of male condoms. That will help to augment our sales numbers also. Currently we have capacity of 480 million units

Cupid · Concall Transcript · Jan 2024 · p.7

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