Press Release for Unaudited Standalone and Consolidated Financial Results for the quarter ended on June 30, 2026

PHONES : 91-129-4296500 E mail : sales@studds.com, info@studds.com, secretarial@studds.com CIN No.: L25208HR1983PLC015135 Date: August 08, 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: Press Release Dear Sir/ Ma’am, Please find enclosed herewith press release for the unaudited standalone and consolidated financial results of Q1 FY27 pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the "SEBI Listing Regulations"). The above details will also be available on the website of the Company at www.studds.com under Investor Relations’ Section at https://www.studds.com/investor-relations/financials This is submitted for your information & records. Thanking You, FOR STUDDS ACCESSORIES LIMITED ASHA MITTAL Company Secretary and Compliance Officer Investor Release Studds Accessories Limited Q1FY27 Consolidated Performance Faridabad, Haryana: 8th August’26 Studd Accessories Limited, India’s largest two-wheeler helmet manufacturer and one of the world’s leading helmet and motorcycle accessories brands, has declared its Financial Results for the Quarter ended period ended 30th June 2026. Q1FY27 Financial Highlights Particulars (Rs. Cr) Q1FY27 Q1FY26 YoY Q4FY26 QoQ FY26 Net Revenue from Operations 169.7 149.2 13.7% 167.5 1.3% 634.2 EBITDA 19.6 30.3 -35.5% 31.3 -37.6% 122.2 EBITDA Margin 11.5% 20.3% 18.7% 19.3% Profit After Tax 12.3 20.2 -39.3% 21.1 -41.7% 82.7 Profit After Tax Margin 7.2% 13.6% 12.6% 13.0% Q1FY27 Consolidated Performance Highlights  Revenue Growth: Revenue grew by 13.7% on YoY to Rs 169.7 cr, supported by stable demand across key segments  Temporary Margin Impact: EBITDA margin declined to 11.5% due to elevated styrene-based raw material prices, incremental wage costs and lag in price-pass through  Input cost Improving: Styrene-based raw material prices have started modera(cid:415)ng from July onwards; benefit of lower procurement costs to progressively flow through inventory  Pricing Ac(cid:415)on Underway: ~9% price hike undertaken; ~5% effec(cid:415)ve realisa(cid:415)on in Q1FY27, with balance benefit expected to flow through from Q2FY27 onwards  Margin Recovery: EBITDA margin expected at ~14-15% in Q2FY27E and ~18-20% in Q4FY27E on run rate basis, subject to stable commodity prices Investor Release From Managing Director’s Desk – Sidhartha Bhushan Khurana “We delivered a healthy 13.7% YoY growth in revenue to ₹169.7 crore in Q1 FY27, reflec(cid:415)ng con(cid:415)nued trac(cid:415)on across our key markets, with the overall demand environment remaining stable. The quarter, however, witnessed significant infla(cid:415)on in key styrene-based raw material prices, which resulted in temporary pressure on our profitability. While we have undertaken pricing ac(cid:415)ons to offset the increase in input costs, the full benefit of these price increases is yet to flow through. With raw material prices beginning to moderate from July onwards, we expect the combined benefit of lower input costs and progressive price realisa(cid:415)on to support a strong recovery in margins over the coming quarters. We remain focused on strengthening our capacity and expanding our growth pla(cid:414)orms. Our planned addi(cid:415)on of 1.5 mn p.a. helmets capacity is progressing as scheduled and is expected to commence opera(cid:415)ons by October 2026. This capacity addi(cid:415)on will provide us with the necessary headroom to cater demand and further strengthen our market posi(cid:415)on. We are also progressing well on our strategic engagement with Decathlon, which provides an opportunity to further strengthen our presence in the organised and ins(cid:415)tu(cid:415)onal segment. In parallel, our interna(cid:415)onal expansion remains firmly on track, with the establishment of our opera(cid:415)ons in Italy progressing as planned and commercial opera(cid:415)ons expected to commence from October 2026. We believe this will enhance our ability to serve interna(cid:415)onal customers more effec(cid:415)vely and create a stronger pla(cid:414)orm for overseas growth. Overall, we remain op(cid:415)mis(cid:415)c about the growth outlook. With stable underlying demand, capacity expansion underway, increasing opportuni(cid:415)es across domes(cid:415)c and interna(cid:415)onal markets, and a gradual modera(cid:415)on in styrene-based raw material prices, we remain confident of delivering sustainable growth and improving profitability over the coming quarters” About Studds Accessories Limited Studds Accessories Limited is India’s largest two-wheeler helmet manufacturer and one of the world’s leading helmet and motorcycle accessories brands. With an installed capacity of 9.58 million two- wheeler helmets and boxes across four advanced, ver(cid:415)cally integrated manufacturing units, the company delivers scale, quality, and reliability at global standards. Studds offers a diverse por(cid:414)olio of 240+ designs and 19,000+ SKUs, supported by a strong in-house design and development team focused on innova(cid:415)on, comfort, and world-class styling. Its extensive network of 360+ ac(cid:415)ve distributors ensures reach across India, while the brand also serves customers in 70+ interna(cid:415)onal markets. With over five decades of industry leadership, Studds remains commi(cid:425)ed to enhancing rider safety through con(cid:415)nuous product innova(cid:415)on and technology-driven excellence. Investor Release Safe Harbor Statement Statements in this document rela(cid:415)ng to future status, events, or circumstances, including but not limited to statements about plans and objec(cid:415)ves, the progress and results of research and development, poten(cid:415)al project characteris(cid:415)cs, project poten(cid:415)al and target dates for project related issues are forward-looking statements based on es(cid:415)mates and the an(cid:415)cipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertain(cid:415)es and are not necessarily predic(cid:415)ve of future results. Actual results may differ materially from those an(cid:415)cipated in the forward-looking statements. The company assumes no obliga(cid:415)on to update forward-looking statements to reflect actual results changed assump(cid:415)ons or other factors. For further informa(cid:415)on, please contact Company Investor Relations Advisors Studds Accessories Ltd. Strategic Growth Advisors Pvt. Ltd. CIN No: L25208HR1983PLC015135 CIN No: U74140MH2010PTC204285 Name: Mr. Bharat Goyal Mr. Mandar Chavan / Ms. Khushi Bhandari Chief Financial Officer mandar.chavan@sgapl.net / khushi.bhandari@sgapl.net cfo@studds.com Tel No: +91 96993 82195 / +91 76666 89925 www.studds.com www.sgapl.net