| Revenue growth | 13.7% YoY |
|---|---|
| Margins | Recovery targeted: ~14-15% in Q2FY27E; ~18-20% in Q4FY27E. |
| Demand visibility | Stable demand across key segments and international markets. |
| Management confidence | Optimistic on growth outlook and margin recovery. |
Growth
Revenue ₹169.7 Cr (+13.7% YoY). PAT ₹12.3 Cr (-39.3% YoY). SMK premium volumes grew ~52% over 3 years.
Outlook
Planned 1.5 mn p.a. capacity addition by Oct 2026. Target EBITDA margins of 18-20% by Q4FY27.
Risks
Inflation in styrene-based raw materials and incremental wage costs impacted profitability; lag in price pass-through persists.
Last quarter's promises, checked
Delivered
- Guided 17-18% FY27 revenue growth → delivered 13.7% in Q1 (PARTIAL)
- Guided 8-9% price hikes from April 1 → delivered ~9% hike (BEAT)
- Guided Italy subsidiary/warehouse setup → delivered operations start Oct 2026 (BEAT)
Partly delivered
- Guided Decathlon supplies for July 2026 → delivered engagement progressing (PARTIAL)
- Guided 1.5mn capacity by Q2FY27 → delivered Oct 2026 target (PARTIAL)
Missed
- Guided stable EBITDA margins → delivered 11.5% vs 18.7% (MISS)
Investor Presentation filed with NSE, NSE: STUDDS. Summary written with AI assistance from the document.
Studds Accessories Ltd: key numbers
- Share price
- ₹420.45
- Market cap
- ₹1,655 Cr
- Revenue (annual)
- ₹634.2 Cr
- Net profit (annual)
- ₹82.65 Cr
- P/E (TTM)
- 22.1×Sector 31.7×
- Promoter holding
- 61.75%+0.00% QoQ
- FII holding
- 1.48%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Studds Accessories Ltd
All →Studds Accessories Other Announcement
Studds Accessories Limited has cancelled the Analysts and Institutional Investors meetings previously scheduled for September 29, 2026, due to business exigencies.
Studds Accessories Price Movement Clarification
Studds Accessories responded to an NSE surveillance query on a volume spurt, stating no undisclosed material information exists. The company attributed the movement to ordinary market conditions.
Studds Accessories Promoter Buying: ₹0.69 Cr
Sidhartha Bhushan Khurana, a promoter and director of Studds Accessories, purchased 16,609 shares worth ₹0.69 Crore via market purchase.
- Value
- ₹0.69 Cr
- Promoter stake change
- +0.05%
Studds Accessories Annual General Meeting
Studds Accessories Limited held its 44th Annual General Meeting on September 05, 2026, where members considered financial statements, dividend declaration, and employee stock option schemes.
Studds Accessories Management Change
Mr. Manish Mehta, Vice President- Taxation & Compliance and Senior Management Personnel, has resigned from the company effective August 27, 2026.
Studds Accessories Other Announcement
Studds Accessories Limited has completed the dispatch of letters to shareholders containing the weblink to access the Annual Report for FY 2025-26 and AGM notice.