Earnings Presentation pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the quarter ended 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: Earnings Presentation pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/ Ma’am, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed Investor Presentation for Financial results of Q1 FY27. 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/investorrelations/financials This is submitted for your information & records. Thanking You, FOR STUDDS ACCESSORIES LIMITED ASHA MITTAL Company Secretary and Compliance Officer Studds Accessories Limited Investor Presentation – Q1FY27 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. Q1FY27 Performance Highlight From Managing Director’s Desk “We delivered a healthy 13.7% YoY growth in revenue to ₹169.7 crore in Q1 FY27, reflecting continued traction across our key markets, with the overall demand environment remaining stable. The quarter, however, witnessed significant inflation in key styrene-based raw material prices, which resulted in temporary pressure on our profitability. While we have undertaken pricing actions 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 realisation to support a strong recovery in margins over the coming quarters. We remain focused on strengthening our capacity and expanding our growth platforms. Our planned addition of 1.5 mn p.a. helmets capacity is progressing as scheduled and is expected to commence operations by October 2026. This capacity addition will provide us with the necessary headroom to cater demand and further strengthen our market position. We are also progressing well on our strategic engagement with Decathlon, which provides an opportunity to further strengthen our presence in the organised and institutional segment. In parallel, our international expansion remains firmly on track, with the establishment of our operations in Italy progressing as planned and commercial operations expected to commence from October 2026. We believe this will enhance our ability to serve international customers more effectively and create a stronger platform for overseas growth. Overall, we remain optimistic about the growth outlook. With stable underlying demand, capacity expansion Sidhartha Bhushan Khurana underway, increasing opportunities across domestic and international markets, and a gradual moderation in styrene- based raw material prices, we remain confident of delivering sustainable growth and improving profitability over the coming quarters” Ride Your Dreams Q1FY27 Consolidated Performance Highlights Revenue from Operations Rs. 169.7 cr ✓ Revenue Growth: Revenue grew by 13.7% on YoY to Rs 169.7 cr, supported by stable demand across key segments 13.7% YoY ✓ 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 EBITDA through Rs. 19.6 cr ✓ Input cost Improving: Styrene-based raw material prices have started moderating from July onwards; benefit of lower procurement costs to progressively flow 35.5% YoY through inventory ✓ Pricing Action Underway: ~9% price hike undertaken; ~5% effective realisation in PAT Q1FY27, with balance benefit expected to flow through from Q2FY27 onwards Rs. 12.3 cr ✓ Margin Recovery: EBITDA margin expected at ~14-15% in Q2FY27E and ~18-20% in Q4FY27E on run rate basis, subject to stable commodity prices 39.3% YoY Multi Dimensional Revenue Mix Product Mix Channel Mix Geography Mix 2.8% 3.6% 7.2% 7.2% 5.1% 2.5% 4.1% 8.2% 21.8% 20.9% 7.2% 7.0% 18.1% 16.6% 6.6% 2.0% 12.3% 13.4% 12.1% 12.0% 78.2% 79.2% 72.2% 72.2% 53.9% 53.7% Q1FY26 Q1FY27 Q1FY26 Q1FY27 Q1FY26 Q1FY27 Row* Asia (Excluding India) Studds Helmets Private Labels Exports OEMs Europe India SMK Helmets Other Accessories Others# Distributor Network & EBO *includes Africa, Australia, Oceania, Nepal and Bangladesh #includes E-com, Government Channels, Others Private Labels – Daytona & ONel Consolidated Profit & Loss Statement Particulars (Rs. Cr) Q1FY27 Q1FY26 YoY Q4FY26 QoQ FY26 Net Revenuefrom Operations 169.7 149.2 13.7% 167.5 1.3% 634.2 Cost of Goods Sold 79.0 60.6 67.7 255.5 Gross Profit 90.7 88.6 2.4% 99.8 -9.1% 378.8 Impact on EBITDA Margins Gross Profit Margin 53.5% 59.4% 59.6% 59.7% Employee Cost 18.1 15.8 17.3 65.4 • Raw Material Inflation: Sharp increase in key RM prices impacted Other Expenses 53.1 42.5 51.1 191.2 gross margin EBITDA 19.6 30.3 -35.5% 31.3 -37.6% 122.2 EBITDA Margin 11.5% 20.3% 18.7% 19.3% • Lag in Price Pass-through: ~9% price hike undertaken; ~5% effective in Other Income/(Loss) 3.2 2.8 3.2 11.5 Q1, with full impact expected from Depreciation 5.4 5.2 5.4 21.2 Q2 onwards EBIT 17.4 27.9 -37.7% 29.1 -40.4% 112.5 • Wage Inflation: Revision in EBIT Margin 10.2% 18.7% 17.4% 17.7% minimum wages effective 1st April Finance Cost 0.2 0.2 0.2 0.9 2026 Profit before Tax 17.2 27.7 -37.9% 28.9 -40.5% 111.6 Profit before Tax Margin 10.1% 18.5% 17.3% 17.6% Tax 4.9 7.4 7.8 29.0 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% Basic EPS (in Rs.) 3.12 5.14 5.36 21.00 *Not Annualised Our Business Studds at a Glance Brands Product Portfolio [Showing first 8,000 characters — download PDF for full document]