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Studds Accessories share price & results

Studds Accessories Limited· Automobile and Auto Components· Consumer Discretionary

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

India's largest two-wheeler helmet maker: Studds & premium SMK brands, private-label helmets, 70+ countries.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue170 ₹ crore+14.1% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin12.0 %−8.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit12.0 ₹ crore−40.0% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity15.42 %+0.4 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin6.19 %+2.5 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)10.46 %−1.8 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

1 of 3 judged targets kept · 18 open · verdicts reflect calls analysed to Q1 FY27.

Studds Accessories Limited management guidance track record on Inve: 21 targets tracked across analysed earnings calls (1 achieved, 2 missed, 18 open).

TargetOriginal wordingSaidLatest callVerdict
Blended ASPtarget is to take it to beyond INR800 next year
Call transcript, Q3 FY26 · 2 Feb 2026		Q3 FY26Q1 FY27:Q1 FY27 Helmet ASP reported at Rs 845, comfortably exceeding the target of >Rs 800 for FY27.
Call transcript, Q1 FY27 · 10 Aug 2026		Achieved
Consolidated Revenue Growthrevenue growth would be more than 11%
Call transcript, Q2 FY26 · 27 Nov 2025		Q2 FY26Q1 FY27:Promise concluded in FY26 with a 'missed' verdict. No new information.
Call transcript, Q1 FY27 · 10 Aug 2026		Missed
Capacity Expansion (Phase 1)expected to start production in quarter one of financial year 27
Call transcript, Q2 FY26 · 27 Nov 2025		Q2 FY26Q1 FY27:Timeline further delayed. Management now expects the 1.5 million unit expansion to be operational by September/October 2026 (Q3 FY27), a slip from the previously revised Q2 FY27 target.
Call transcript, Q1 FY27 · 10 Aug 2026		Delayed

Source: Inve Guidance Tracker for Studds Accessories Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

2 of Studds Accessories Limited's 21 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 18 more targets are in the full ledger.

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Price

₹395.75 +2.06% · +₹8

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −29.4% 1Y

₹400₹450₹500₹550Nov 25Dec 25Feb 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 27 Nov 2025Q3 FY26 — 2 Feb 2026Q4 FY26 — 25 May 2026Q1 FY27 — 10 Aug 2026

1Y: ₹560.3 on 7 Nov 2025 → ₹395.75. High ₹574.6 (19 Nov 2025), low ₹387.75 (26 Oct 2026).

Previous close
₹387.75
Market cap
₹1.5k Cr
52-week range
₹387.75 – ₹574.6
One year
−29.37%
Price to earnings (TTM to Jun 2026)
20.35×
Return on equity (TTM to Jun 2026)
15.42%

Overview

Symbol
NSE:STUDDS
Industry
Consumer Discretionary
Exchange
NSE
Currency
INR

What Studds Accessories Limited does

Based on the company's own presentations, annual report and earnings calls.

Studds Accessories designs, manufactures and sells two-wheeler helmets and riding accessories through two owned brands - the mass/mid-market Studds brand and the premium SMK brand - alongside private-label helmets it manufactures for global brands such as Daytona and O'Neal. It runs a vertically integrated manufacturing base covering injection moulding, painting, visor coating, cutting/stitching, assembly and in-house testing, and also produces its own EPS liners and water-transfer decals. Products are sold in India through a nationwide distributor and retail network and exported to customers across 70+ countries, supported by a US subsidiary (Bikerz US Inc.) and a newly incorporated entity in Italy for European distribution.

Segments

  • Studds Helmets
  • SMK Helmets
  • Private Labels
  • Other Accessories
Market position
India's largest two-wheeler helmet manufacturer
Installed helmet & box manufacturing capacity
~9.5 Mn units/year
Manufacturing facilities
4 operating units in Faridabad, Haryana (a 5th under construction)
Countries served
70+
Distributors in India
360+
SKUs offered
19,000+
Founded 1983 Company website

How the price took the results

close before → close after

Q1 FY27
−1.5%
10 Aug
Q4 FY26
+0.8%
25 May
Q3 FY26
−2.2%
2 Feb
Q2 FY26
−0.6%
27 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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