NSEUpdates3h ago · 6 Sept 2026, 04:03 pm
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Studds Accessories Limited · STUDDS
✦ AI Summary▲ PositiveResults
Studds Accessories Limited presented its annual general meeting slides, highlighting its FY26 performance, revenue mix, and manufacturing footprint. The company reported a 20.4% revenue growth, with a 16.4% YoY increase in EBITDA. Studds also showcased its strategic partnerships, iconic designs, and in-house capabilities across design, moulds, EPS, graphics, testing, and finishing.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk4/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Presentation displayed during the 44th Annual General Meeting of the Company
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Studds1983_06092026160135_Intimation06092026.pdf
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PHONES : 91-129-4296500
E mail : sales@studds.com, info@studds.com, secretarial@studds.com
CIN No.: L25208HR1983PLC015135
Date: September 06, 2026
To, To,
National Stock Exchange of India Ltd., BSE Limited
Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers
Bandra Kurla Complex, Dalal Street
Bandra (E), Mumbai – 400 051 Mumbai- 400001
NSE Scrip Symbol: STUDDS BSE Scrip Code: 544599
Subject: General Update-Presentation
Dear Sir/ Ma’am,
With reference to our letter dated September 05, 2026, please find enclosed herewith the
presentation displayed during the 44th Annual General Meeting of the Company.
This information will also be available on the website of the Company at www.studds.com
under Investor Relations’ Section.
This is submitted for your information & records.
Thanking You,
FOR STUDDS ACCESSORIES LIMITED
ASHA MITTAL
Company Secretary and Compliance Officer
Safe Harbour
This presentation and the accompanying slides (the “Presentation”), which have been prepared by Studds Accessories Limited (the “Company”), have been prepared solely for
information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in
connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document
containing detailed information about the Company.
This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or
warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation.
This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission
from, this Presentation is expressly excluded.
This presentation contains certain forward looking statements concerning the Company’s future business prospects and business profitability, which are subject to a number of
risks and uncertainties and the actual results could materially differ from those in such forward looking statements. The risks and uncertainties relating to these statements
include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, competition (both domestic and international), economic
growth in India and abroad, ability to attract and retain highly skilled professionals, time and cost over runs on contracts, our ability to manage our international operations,
government policies and actions regulations, interest and other fiscal costs generally prevailing in the economy. The Company does not undertake to make any announcement in
case any of these forward looking statements become materially incorrect in future or update any forward looking statements made from time to time by or on behalf of the
Company.
From Legacy to Listed
Legacy
stands for trust, reinvestment and manufacturing depth
Listed
stands for transparency, governance and wider accountability
Scaling New Heights
stands for disciplined growth across
brands, markets, capacity and innovation
Studds at a Glance
1975
240+
Designs 360+
STUDDS brand registered Presence in
19,000+
SKUs Distributors in India
Countries
8.13 Mn 8.27 Mn 89% ~20%
Sales volume Production volume Capacity utilisation Export revenue share
Helmets and boxes Helmets and boxes Helmets and boxes Vs 16.75% FY25
As on 31st Mar’26
FY26 Performance Highlights
Revenue EBITDA PBT PAT ROCE
20.4%
Rs 634.2 cr Rs 122.2 cr Rs 111.6 cr Rs 82.7 cr
8.6% YoY 16.4% YoY 17.5% YoY 18.7% YoY vs 20.1%
FY26 Revenue Mix: Product wise
FY25 FY26
11.8%
15.7%
2.2%
7.4% 3.1%
7.0%
74.1%
78.6%
Studds Helmets SMK Helmets Private Labels# Other Accessories
Private Labels – Daytona & ONel
FY26 Revenue Mix: Geography wise
FY25 FY26
2.3%
2.1%
4.9% 7.5%
5.3%
5.9%
4.0%
4.6%
83.5% 79.9%
India Asia (Excluding India) USA Europe ROW*
*includes Africa, Australia, Oceania, Nepal and Bangladesh
Manufacturing Footprint: Current & Upcoming Capacities
Upcoming Facility
Capacity Utilization
2W Helmet and Boxes
Manufacturing Facility V:
Total Planned capacity in Phase:
Manufacturing Facility EPS Liners Water Transfer Decals 1.5mn (Phase I) Q2FY27
Operational by:
• 75+ members dedicated to R&D, design, aerodynamics & electronics
lab focuses on product innovation, comfort enhancement, and
advanced technology integration.
• Dedicated supply chain & procurement teams for raw material
stability Large skilled workforce across moulding, painting, stitching,
assembly & testing
• Strong QC and compliance teams ensuring ECE 22.06 and IS 4151
standards
Faridabad, Haryana
As on 31st Mar’26 EPS - Expanded Polystyrene Liners
FY26: The Launches that Defined STUDDS
DC Collection : A Warner Bros Collaboration
Raider
Laminar Nova JET Long
Street DV
Visor
Drifter Batman Trooper Legacy Helios Superman
Edition Shield Edition Edition
Ninja Raider Terrain
✓ Strategic Partnership: Warner Bros. Discovery collaboration
Comet DV Goggles for licensed helmets
✓ Iconic Designs: Superman, Batman, Tom & Jerry & Looney
Tunes
✓ 50+ years of evolution, adapting to changing rider needs and preferences
✓ Expanded from commuter helmets to premium and performance-focused helmets ✓ Safety + Style: ISI-certified protection with lifestyle-led
✓ Diverse portfolio spanning Full-Face, Open-Face, Modular, Flip-Up, Off-Road & designs
Adventure ✓ New Growth Avenue: Expanding STUDDS’ appeal across age
✓ Strengthened in-house capabilities across design, moulds, EPS, graphics, testing and
groups
finishing
India Strategy: Expanding Distribution & Digital Channels
Strong relationships
with OEMs
Diversified Channel-mix FY26
Established EBOs Serving as
Institutional
Online Presence Brand Extension
Customers
20.1%
Drive Customer
E-commerce
Central Police Engagement
Canteens
11.1%
55.2%
Increase Brand
Quick Commerce
Visibility
13.7% Canteens
Stores
Own website
Department
www.studds.com
Export OEMs#
Distributor Network & EBOs Others (E-com, Govt Channels, Others)
360+
Active Distributors Pan-India*
Note: The Brand Names mentioned are the property of their respective owners and are used here for identification purposes only As on 31st Mar’26 #includes E-com, Government Channels, Others
Global Expansion Roadmap
Strong presence in key export markets FY26
Manufacturing For Leading Global Brands
10.6%
22.9%
Daytona
37.2%
29.2%
Australia
Asia(Excluding India) USA Europe Row* O’neal
~20% ~Rs. 2,600 ~Rs.1,000 Italy WOS USA Moto4
Export revenue share SMK Export ASP STUDDS Export ASP Direct dealer hub ~200% increase in Sales FIM Road to MotoGP
FY26 of total revenue FY26 FY26 Bikerz US Inc. SMK Brand Building
Note: The Brand Names mentioned are the property of their respective owners and are used here for identification purposes only As on 31st Mar’26 *includes Africa, Australia, Oceania, Nepal and Bangladesh
Global Events
Motobike Istanbul, Turkey Feria 2 Ruedas, Colombia GIIAS, Indonesia
April 2025 May 2025 July 2025
Moto4Latin, Brazil
EICMA, Italy
March 2026
Nov 2025
Key Strengths
The Case for STUDDS
01 02 03 04 05 06
A premium engine
The largest two-wheeler A catalogue that covers Vertical integration that A distribution moat at A capital-efficient
reshaping the
helmet player every rider and price controls quality, cost and home and abroad model that funds its
Economics
Point speed own growth
• Pan-India Distribution:
• India’s Largest by • SMK: Premium Growth • Strong Growth(FY23-25):
• 240+ Designs across • End-to-End In-House 360+ active
Revenue (FY24) and Engine since 2015–16 Revenue +8.15% |
World’s Largest by STUDDS and SMK, Manufacturing & Testing • ~52% Volume CAGR in 3 distributors EBITDA +32.14% | PBT
covering mass-market to • Fast Product
Volume (CY24) Years with ~10 • Global Reach: Exports +
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