Shareholders meeting

Date: August 25, 2026 BSE Limited, The National Stock Exchange of India Ltd, Phiroze Jeejeebhoy Towers, “Exchange Plaza”, 5th Floor, Dalai Street, Bandra - Kurla Complex, Bandra (East), Mumbai - 400 001 Mumbai - 400051 Scrip Code: 530843 Symbol: CUPID Subject: Notice of 33rd Annual General Meeting (“AGM”) and Annual Report for the Financial Year 2025-26 including Report on Business Responsibility and Sustainability Reporting (“BRSR”) Dear Sir/Ma’am, In compliance with the provisions of the Companies Act, 2013 (“Act”), the Rules made thereunder, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), as amended from time to time, please find enclosed the Annual Report of the Company for the Financial Year ended 31st March, 2026, including the Business Responsibility and Sustainability Report (BRSR), along with the Notice of 33rd Annual General Meeting (‘AGM’) scheduled to be held on Tuesday, September 22, 2026 at 04.00 PM through Video Conferencing (‘VC’) / Other Audio -Visual Means (‘OAVM’) facility. This intimation is also being uploaded on the Company’s website at https://www.cupidlimited.com/ This is for your information and records. Thanking you. For Cupid Limited Hardik Chandra Company Secretary and Compliance Officer Encl: As above FROM GLOBAL LEADERSHIP TO TWO ENGINES. CONSUMER SCALE. ONE PURPOSE. A N N U A L R E P O R T 2025-26 Annual Report 2025-26 1 Inside this Report Corporate Overview Cupid at a Glance 1 Who We Are 3 Our Journey 5 FROM GLOBAL What We Make 7 How We Create Value 9 Our Global Footprint 11 LEADERSHIP TO Building a Scalable Consumer FMCG Franchise 13 Manufacturing, R&D & Quality 17 Certifications & Accreditations 18 CONSUMER SCALE. FY2026 in Review 19 Sustainability & Responsibility 21 Financial Highlights 23 TWO ENGINES. ONE PURPOSE. Letter to Shareholders 25 Board of Directors 27 In Conversation with the Executive Director 29 Over three decades Cupid built a standards, product safety, innovation, Strategy & Outlook 30 position as a global export leader, reliability, and long-term consumer Company Information 32 the first company in the world to trust. The consumer business is not a earn WHO/UNFPA pre-qualification replacement for exports; it is the scale Statutory Reports for both male and female condoms, engine management expects, over Notice of Annual General Meeting 33 now supplying governments, time, to grow beyond the core export UN agencies and OEM partners business in size. Hence two engines Directors’ Report 49 across 125+ countries. That export export leadership and consumer Management Discussion & Analysis 67 franchise remains the anchor of the scale powered by one platform and Business Responsibility & Sustainability Report 74 business: the source of its credibility, one purpose: protecting health and Report on Corporate Governance 121 its regulatory approvals and its expanding choice. The framing is institutional relationships, and a honest about the FY2026 story, it is Financial Statements base of stability and resilience. Built visual, and it threads naturally through Standalone — Auditor’s Report & Financials 152 on top of that foundation using the every section product, manufacturing, Consolidated — Auditor’s Report & Financials 221 same focus on uncompromising geography, financials and outlook. quality, stringent manufacturing 2 Cupid Limited Annual Report 2025-26 1 FY2026 Cupid at a Glance Performance at a glance (consolidated) Cupid Limited is building a diversified global healthcare, Today, Cupid’s portfolio extends well beyond condoms 391 358 wellness and personal care platform, combining to include lubricants, rapid in-vitro diagnostic (IVD) ₹ Cr ₹ Cr decades of global export leadership with a rapidly kits, and a fast-growing range of consumer wellness, expanding consumer business. For over three decades, personal care, beauty and hygiene products. From its Total Income Revenue from operations the Company has built global leadership in sexual and manufacturing facilities in India, including a greenfield reproductive healthcare, becoming one of the world’s expansion scheduled for completion in FY27, the ▲ 93% YoY ▲ 95% YoY few fully integrated manufacturers of both male and Company serves governments, multilateral agencies, female condoms and the first company to earn WHO/ brand owners and consumers across more than 125 UNFPA pre-qualification for both. countries through a diversified portfolio of trusted healthcare and consumer brands. 117 142 ₹ Cr ₹ Cr EBITDA Profit before tax Cupid is building a diversified global wellness, personal care and healthcare ▲ 180% YoY ▲ 160% YoY platform, powered by export leadership, consumer brand expansion and 108 208 disciplined value creation. ₹ Cr ₹ Cr Profit after tax Exports (59.3% of revenue) ▲ 165% YoY 125+ countries 11 CCuuppiidd LLiimmiitteedd AAnnnnuuaall RReeppoorrtt 22002255--2266 22 Who We Are Our values For over three decades, Cupid Limited has been Cupid’s journey is one of evolution rather than committed to improving lives through quality healthcare reinvention. While exports continue to provide stability, solutions. Established in 1993 and listed in 1995, the global reach and long-standing customer relationships, Company built its reputation by manufacturing globally the Company is simultaneously building a diversified Quality & safety first: trusted sexual and reproductive healthcare products. healthcare, wellness and personal care platform with every product tested, every process A defining milestone came when Cupid became the multiple growth engines, creating a balanced and audited to global standards. first company in the world to receive WHO/UNFPA sustainable business model. pre-qualification for both male and female condoms, establishing its credibility with governments, multilateral At the heart of this journey are three enduring strengths agencies and institutional buyers across more than 125 “Quality”, “Breadth” and “Purpose”. Together, they countries. have enabled Cupid to deliver its strongest-ever financial Integrity: performance in FY2026 while laying the foundation for Built on this strong export foundation, Cupid has steadily long-term, sustainable value creation. Ethical conduct and transparent expanded its capabilities beyond condoms into lubricants, governance in every market. rapid in-vitro diagnostic (IVD) kits, and a growing portfolio of consumer wellness, personal care, beauty and hygiene products. Today, the same manufacturing excellence and globally certified quality that serve Innovation: international healthcare programmes also power a rapidly expanding consumer business. From the female condom to nitrile and diagnostics, advancing what we can offer. Access & inclusion: Protection and choice for all, including women and underserved communities. Vision Mission To help the world play safe To manufacture sexual-health, Stewardship: making world-class protection, wellness and diagnostic products of Caring for people, communities and the wellness and diagnostic uncompromising, globally certified quality. environment for the long term. products accessible to every To partner with governments, multilateral community we can reach. agencies and brand owners to widen access to protection and prevention. One team: To build trusted consumer brands that bring the same quality into everyday life in The dedication of our people is the engine India and beyond. behind every result. To grow profitably and responsibly, creating durable value for shareholders, employees and society. 33 CCuuppiidd LLiimmiitteedd AAnnnnuuaall RReeppoorrtt 22002255--2266 44 Our Journey 1993 1995 1996 2018–2020 2022 2023 Incorporated as Cupid Limited, laying Listed on the Bombay Stock Exchange Commenced commercial Strengthened its international Entered the diagnostics segment Entered a new phase of growth the foundation for a healthcare (BSE), marking the beginning of its production and secured its first pr [Showing first 8,000 characters — download PDF for full document]