Studds Accessories Ltd

Studds Accessories Ltd share price declined by 1.12% to Rs 441.35 after the company's net profit tanked by 41.71% to Rs 12.3 crore, while revenue from operations improved marginally 1.28% to Rs 169.68 crore in Q2FY26 over Q1FY26. The market capitalization of Auto Components & Equipments industry group stocks on BSE stood at Rs 10.69 lakh crore, gaining 4.75%. It has inched up 3.90% over last one week and rallied by 18.56% in last one month while the market capitalization of Studds Accessories Ltd has softened by 1.35% and 2.90% in the same period respectively. Profit before tax (PBT) of Studds Accessories Ltd stood at Rs 17.2 crore in Q2 FY26, nosediving by 37.84% year-on-year, and crashing by 40.53% quarter-on-quarter. EBITDA came in at Rs 16 crore, tumbling by 40.68% YoY and plunging by 41.94% sequentially. Total expenses saw a slight increase of 9.84% to Rs 155.54 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 81.03 crore, declining 18.01% YoY, while employee benefits expense was at Rs 18.11 crore, inching up 4.44% YoY. For the TTM ended FY26, revenue from operations grew 10.38% to Rs 583.95 crore, while net profit soared by 21.68% to Rs 69.64 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 8401% to Rs 93.02 crore, and PBT witnessed a strong rise of 24.43% to Rs 95.03 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 63.01 crore in FY26, as against Rs 71.86 crore in FY25. Studds Accessories Ltd nosedived by 21.25% in last one year, underperforming the benchmark BSE Sensex which has softened by 2.63% during the same period.

Studds Accessories Limited reported total income of Rs 1,729.20 million for the quarter ended June 30, 2026, with revenue reaching Rs 1,696.76 million. While revenue increased significantly compared to the same quarter last year, the profit for the period decreased to Rs 122.97 million, a decline from Rs 202.46 million in Q3 FY25. The company’s total income for the fiscal year 2026 rose to Rs 6,457.49 million, up from Rs 1,675.42 million in the prior year, but profit for the period also decreased to Rs 122.07 million compared to Rs 833.29 million in FY25. The inclusion of SMK Helmets Europe SRL, incorporated in May 2026, complicates comparisons with prior periods and has resulted in a foreign currency translation reserve, alongside a lower effective tax rate and decreased earnings per share of Rs 3.12. The results are unaudited and subject to a limited review.

Studds Accessories Limited reported total income of Rs 1,729.20 million for the quarter ended June 30, 2026, a 13.3% increase compared to Rs 1,492.19 million in the same quarter of the previous year. While revenue grew, the company’s profit for the period decreased significantly, falling from Rs 202.46 million to Rs 122.97 million year-over-year, and from Rs 210.99 million year-to-date. The consolidated results, which now include SMK Helmets Europe SRL incorporated in May 2026, mirror the standalone performance. The company’s basic and diluted earnings per share remain consistent at Rs 3.12. The decline in profit, changes in the effective tax rate, and the impact of the new subsidiary are areas for further investigation.

Studds Accessories Limited will hold a board meeting on August 8, 2026, to consider and approve the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026, according to a regulatory filing. The company’s trading window will remain closed for designated persons and their immediate relatives until 48 hours after the financial results are declared and will be available on the company website at www.studds.com.

Profit before tax (PBT) jumped 7.37% YoY to Rs 28.92 crore in Q4 FY26. EBITDA stood at Rs 31.3 crore in Q4 FY26, registering growth of 11% compared to Rs 28.2 crore posted in the corresponding quarter last year. EBITDA margin stood at 18.7% in Q4 FY26 as against 18.8% in Q4 FY25. On a full-year basis, the company's consolidated net profit rose 18.68% to Rs 82.65 crore on an 8.61% rise in revenue from operations to Rs 634.23 crore in FY26 over FY25. Sidhartha Bhushan Khurana, managing director, said, 'We are pleased to report a strong performance for FY26, with revenue growing by 8.6% YoY to Rs 634 crore, EBITDA increasing by 16.4% YoY to Rs 122.2 crore with EBITDA margins improving to 19.3%, and PAT rising by 18.7% YoY to Rs 82.7 crore. The year was marked by healthy growth across both domestic and export markets, supported by an improved product mix, premiumisation initiatives, operational efficiencies, and strong brand acceptance across segments. While raw material prices have been witnessing an upward trend since March, there are currently no challenges with sourcing or availability of key inputs. To safeguard against rising input costs, we have implemented calibrated price hikes across our portfolio and distribution channels, averaging around 8'9%. We are also pleased to share that we are currently in the process of onboarding the globally recognized premium riding gear, helmet, and motorsports brand Alpinestars under our private-label helmet segment. On the expansion front, we continue to make steady progress in establishing our presence in Europe, particularly in Italy, with operations expected to commence from Q2 FY27. Simultaneously, our Phase-I capacity expansion of 1.5 million helmets per annum is progressing as planned and is expected to commence operations by Q2 FY27. Further, an additional 1.5 million helmets are planned for capacity expansion over the next 15'18 months. Post completion of these expansions, our total installed capacity will increase by 30% over FY26 levels to 12.5 million helmets per annum. With enhanced capacities and a deeper focus on premium and value-added products, we remain confident of driving the company's next phase of growth through strengthened global brand positioning, expansion of our international footprint, and continued premiumisation-led sustainable growth.' The board recommended a dividend of Rs 3 per equity share of face value Rs 5 each for FY26, representing 60% of the face value, subject to shareholders' approval at the ensuing Annual General Meeting (AGM). Meanwhile, the company's board approved the stepping down of Manish Mehta from the position of chief financial officer (CFO) and key managerial personnel (KMP) of the company. He will continue as vice president ' taxation & compliance under the senior management category, effective 1 July 2026. The board also approved the appointment of Bharat Goyal as chief financial officer (CFO) and key managerial personnel (KMP) of the company, effective 1 July 2026. Studds Accessories is a manufacturer of two-wheeler helmets and motorcycle accessories based in Faridabad, Haryana, India. The company designs, manufactures, markets, and sells helmets under the 'Studds' and 'SMK' brands, while other accessories such as two-wheeler luggage, gloves, helmet locking devices, rain suits, riding jackets, and eyewear are sold under the 'Studds' brand.Powered by Capital Market - Live

Studds Accessories announced that the Board of Directors of the Company at its meeting held on 23 May 2026, inter alia, have recommended the final dividend of Rs 3 per equity Share (i.e. 60%) , subject to the approval of the shareholders.

Net profit of Studds Accessories rose 6.08% to Rs 21.10 crore in the quarter ended March 2026 as against Rs 19.89 crore during the previous quarter ended March 2025. Sales rose 11.88% to Rs 167.54 crore in the quarter ended March 2026 as against Rs 149.75 crore during the previous quarter ended March 2025. For the full year,net profit rose 18.68% to Rs 82.65 crore in the year ended March 2026 as against Rs 69.64 crore during the previous year ended March 2025. Sales rose 8.61% to Rs 634.23 crore in the year ended March 2026 as against Rs 583.95 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales167.54149.75 12 634.23583.95 9 OPM %18.6918.84 -19.2717.98 - PBDT34.2932.28 6 132.80115.70 15 PBT28.9226.93 7 111.6295.03 17 NP21.1019.89 6 82.6569.64 19 Powered by Capital Market - Live

Studds Accessories will hold a meeting of the Board of Directors of the Company on 23 May 2026.

Securities in F&O Ban: Shares of Sammaan Capital are ban from F&O trading on Monday, 2 February 2026. Earnings to Watch: Huyundai Motor India, PB Fintech, Utkarsh Small Finance Bank (SFB), Campus Activewear, Corona Remedies, Bajaj Housing Finance, Aether Energy, Aarti Industries, Akzo Nobel, Mahindra Lifespace Developers, Orectra Greentech, Railtel Corporation of India, Tata Chemicals Stocks to Watch: Auto stocks will be in focus as companies will declare their auto sales numbers Hero Motocorp's total sales jumped 26% to 5,57,871 units in January 2026 compared with 442,873 units in January 2025. Latent View reported a 19.68% jump in consolidated net profit to Rs 501.42 crore on 22.02% increase in revenue from operations to Rs 2780.09 crore in Q3 FY26 over Q3 FY25. Studds Accessories reported a 26.3% jump in consolidated net profit to Rs 20.7 crore on 9.4% rise in revenue from operations to Rs 163 crore in Q3 FY265 over Q3 FY25. Toursim Finance Corporation of India (TFCI) decided to invest upto 5% of corpus fund in Oxyzo Credit Funds, a debt focused diversified sectors Category II Alternative Investment Fund registered with the Securities and Exchange Board of India (SEBI).Powered by Capital Market - Live

Net profit of Studds Accessories rose 26.26% to Rs 20.72 crore in the quarter ended December 2025 as against Rs 16.41 crore during the previous quarter ended December 2024. Sales rose 9.42% to Rs 163.03 crore in the quarter ended December 2025 as against Rs 149.00 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales163.03149.00 9 OPM %18.8417.17 - PBDT33.1727.95 19 PBT27.8022.86 22 NP20.7216.41 26 Powered by Capital Market - Live