Shares of Cupid Limited saw a sharp surge, peaking at an intraday high of **₹442** on the NSE, following the announcement of stellar Q3 FY26 performance and a highly anticipated **4:1 bonus issue**. The counter closed the session near **₹401.00**, sustaining a daily jump of approximately **10%** at its peak during heavy trading volume. The combination of record financial results and the strategic capital move signaled robust investor confidence in the company’s structural growth and aggressive future outlook. This movement continues a long-term upward trajectory, with the equity delivering exceptional returns of over **450%** in the past year alone. *** The December 2025 quarter proved to be the strongest in the company's operational history, with consolidated figures crushing previous benchmarks. **Net Profit** for Q3 FY26 rocketed to **₹33 crore**, marking an exponential jump of **196%** compared to the same period in the prior fiscal year. This massive surge in the bottom line was supported by corresponding strength in the top line. Total operating income also demonstrated explosive growth, surging **106%** year-on-year to reach **₹104 crore**. Sequentially, the performance remained strong, with net profit rising **36%** and total income up **16%** over the preceding quarter. *** Operational efficiency drove a remarkable improvement in profitability. Earnings Before Interest, Taxes, Depreciation, and Amortisation (**EBITDA**) soared by an impressive **201%** year-on-year. Correspondingly, the **EBITDA margin** expanded significantly, rising over **1,212 basis points** to a strong **37%**. This high margin profile is a clear indicator of successful execution of high-value international contracts and effective cost optimization. The operational excellence showcased in the quarterly results has helped maintain the firm's almost **debt-free** status and a strong liquidity position, with a total market capitalization currently exceeding **₹10,800 crore**. *** The company’s board approved a proposal for a **4:1** bonus issue, pending shareholder and regulatory approvals. This strategic capital restructuring is designed to achieve multiple key objectives. Primarily, it will improve stock affordability by proportionately reducing the per-share price, making the equity more accessible to a wider base of retail investors. The expanded equity base is also expected to enhance trading liquidity, offering greater flexibility to existing shareholders. This bonus is presented as a confident reflection of the management’s belief in Cupid’s sustainable growth trajectory and commitment to long-term value creation. *** The record performance was fundamentally driven by strength across three interconnected business pillars. The established **export-led B2B segment** continues to leverage high entry barriers supported by global certifications. Domestically, the scaling **FMCG brand** is rapidly increasing its footprint, utilizing a wide distribution network. Crucially, the **diagnostics division**, which includes various IVD kits, is seeing improving traction and is earmarked for future expansion. Management has issued a strong outlook for the full fiscal year. Based on the robust Q3 results and a record order book, they are confident of exceeding the revised **FY26 revenue guidance of ₹335 crore**. Furthermore, they expect the full-year net profit to exceed the **₹100 crore** milestone. Strategic capacity expansion plans, including scaling diagnostic kit production to approximately **4 lakh** kits per day by the end of **2026**, underscore the commitment to building a balanced and scalable business for the future.