Key Quantitative Figures

Financial Performance (Standalone):

  • Q4 FY26 Revenue: ₹1,695.53 million vs ₹1,533.51 million in Q4 FY25 (10.6% increase)
  • Q4 FY26 Net Profit: ₹215.18 million vs ₹194.52 million in Q4 FY25 (10.6% increase)
  • FY26 Revenue: ₹6,301.85 million vs ₹5,855.55 million in FY25 (7.3% increase)
  • FY26 Net Profit: ₹837.53 million vs ₹707.78 million in FY25 (18.4% increase)
  • Basic EPS FY26: ₹21.28 vs ₹17.99 in FY25

Financial Performance (Consolidated):

  • Q4 FY26 Revenue: ₹1,675.42 million vs ₹1,497.51 million in Q4 FY25 (11.9% increase)
  • Q4 FY26 Net Profit: ₹210.99 million vs ₹198.90 million in Q4 FY25 (6.1% increase)
  • FY26 Revenue: ₹6,342.35 million vs ₹5,839.51 million in FY25 (8.6% increase)
  • FY26 Net Profit: ₹826.53 million vs ₹696.43 million in FY25 (18.7% increase)
  • Basic EPS FY26: ₹21.00 vs ₹17.70 in FY25

Balance Sheet (Standalone as of March 31, 2026):

  • Total Assets: ₹6,360.70 million vs ₹5,542.53 million previous year
  • Equity Share Capital: ₹196.77 million (unchanged)
  • Other Equity: ₹5,049.44 million vs ₹4,307.46 million previous year
  • Cash & Cash Equivalents: ₹702.74 million vs ₹386.11 million previous year
  • Inventories: ₹723.25 million vs ₹553.07 million previous year

Dividend Declaration

  • Recommended dividend of ₹3 per equity share (60%) of face value ₹5 each for FY 2025-26
  • Subject to approval of shareholders at the ensuing Annual General Meeting
  • Record date and AGM date to be communicated later

ESOP Scheme Approval

  • Formulated "Studds Accessories Limited Employee Stock Option Scheme 2026"
  • Maximum options granted shall not exceed 0.75% of post-issued equity share capital
  • Maximum of 297,381 equity shares of face value ₹5 each
  • Exercise price not less than 85% of market price preceding grant date
  • Minimum vesting period: 1 year from grant date
  • Maximum exercise period: 5 years from vesting date
  • Subject to shareholder approval at AGM

Management Changes

  • Mr. Manish Mehta steps down as CFO and KMP effective July 1, 2026
  • Mr. Mehta designated as Vice President - Taxation & Compliance (Senior Management)
  • Mr. Bharat Goyal appointed as new CFO and KMP effective July 1, 2026
  • Mr. Goyal is a Chartered Accountant with 17+ years experience in financial control and reporting

Auditor Appointment

  • Deloitte Haskins & Sells LLP appointed as Internal Auditors for FY 2026-27

Board Meeting Details

  • Meeting held on May 23, 2026
  • Commenced at 6:45 PM IST and concluded at 7:45 PM IST

Additional Information

  • Company operates in single business segment: manufacture and sale of helmets and accessories
  • Equity shares listed through IPO consisting entirely of offer for sale (no fresh issue)
  • Labour Codes implemented from November 21, 2025, impact considered immaterial
  • Previous period figures regrouped/reclassified for comparability