key observations — cupid q4fy24 quarterly numbers —
— cupid demonstrated robust growth across all segments, underpinned by innovative strategies and operational excellence
— co extending its global footprint tapping new geographies both internationally and within India
— a recent addition to its growth strategy entailing new product lines i.e. ivd kits & deodorants are enhancing b2c presence through a comprehensive, multi-pronged strategies
— expansion further supported by strategic partnerships with marketing and distribution allies worldwide, streamlining reach and engagement with diverse markets
— inventory management & procurement processes with suppliers have been refined yielding significant cost savings & enhanced efficiency
— net debt free company and have a war-chest of cash and cash equivalents ₹174 crores
— the acquisition of land for a new plant marks the beginning of a new episode
— a full fledged construction to kickstart this quarter is anticipated to start production in the new facility within the next ~16 months
— working capital bit stretched but that’s fine given the expansion
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