Studds Accessories (STUDDS)₹401.85−0.04%Auto Components & Equipments
In the Jun 2026 quarter (consolidated), Studds Accessories reported sales of ₹170 Cr, up 14.1% from Jun 2025, and net profit of ₹11.97 Cr, down 40.1% year on year. For the year to Mar 2026, sales were ₹633 Cr and net profit ₹82.84 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 145 | 149 | 150 | 149 | 154 | 163 | 168 | 170 |
| Expenses | 118 | 123 | 122 | 119 | 125 | 132 | 136 | 150 |
| Operating Profit | 27.01 | 26.02 | 28.01 | 30.01 | 30.02 | 31.01 | 31.02 | 20.02 |
| OPM % | 18.1% | 17.0% | 19.1% | 20.0% | 19.0% | 19.0% | 19.1% | 12.1% |
| Other Income | 2.99 | 1.99 | 3.99 | 2.99 | 2.99 | 2.99 | 2.99 | 2.99 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 5.01 | 5.01 | 5.01 | 4.99 | 4.99 | 4.99 | 5.01 | 5.01 |
| Profit before tax | 24.01 | 23.01 | 27.03 | 28.02 | 27.01 | 27.98 | 29.02 | 17.01 |
| Tax % | 27.1% | 28.1% | 26.1% | 27.1% | 24.1% | 26.1% | 27.1% | 28.1% |
| Net Profit | 16.97 | 15.97 | 19.94 | 19.97 | 20.97 | 20.97 | 20.96 | 11.97 |
| EPS (Rs) | 8.87 | 8.32 | 5.03 | 5.14 | 5.23 | 5.25 | 5.35 | 3.12 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| Sales | 479 | 462 | 498 | 528 | 583 | 633 | 654 |
| Expenses | 368 | 407 | 438 | 437 | 478 | 510 | 541 |
| Operating Profit | 111 | 54.07 | 60.04 | 91.08 | 105 | 122 | 112 |
| OPM % | 23.1% | 12.1% | 12.1% | 17.1% | 18.1% | 19.1% | 17.1% |
| Other Income | 4.99 | 4.99 | 6.99 | 5.99 | 11.98 | 11.98 | 11.96 |
| Interest | 4.01 | 3.01 | 3.01 | 2.01 | 1.01 | 1.01 | 0.00 |
| Depreciation | 13.01 | 17.01 | 18.01 | 18.99 | 21.01 | 21.01 | 20.00 |
| Profit before tax | 98.07 | 39.99 | 45.99 | 75.99 | 95.09 | 112 | 101 |
| Tax % | 25.1% | 28.1% | 29.1% | 25.1% | 27.1% | 26.1% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | −1.01 | 0.00 | 0.00 | — |
| Net Profit | 73.82 | 28.92 | 32.92 | 56.91 | 69.80 | 82.84 | 74.87 |
| EPS (Rs) | 37.48 | 14.52 | 16.81 | 29.03 | 17.65 | 20.96 | 18.95 |
| Dividend payout % | 11.1% | 21.1% | 24.1% | 14.1% | 14.1% | 14.1% | — |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 9.99 | 9.99 | 9.98 | 9.98 | 19.96 | 19.97 |
| Reserves | 281 | 301 | 328 | 378 | 431 | 504 |
| Borrowings | 28.02 | 45.94 | 31.97 | 8.98 | 8.99 | 7.98 |
| Other Liabilities | 116 | 97.52 | 90.56 | 88.58 | 97.53 | 105 |
| Total Liabilities | 435 | 455 | 461 | 486 | 557 | 638 |
| Fixed Assets | 266 | 310 | 310 | 330 | 338 | 343 |
| CWIP | 9.97 | 12.96 | 11.96 | 11.97 | 28.89 | 52.87 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 159 | 133 | 138 | 142 | 190 | 243 |
| Inventories | 29.01 | 41.97 | 34.96 | 39.96 | 55.99 | 74.92 |
| Trade receivables | 26.96 | 27.96 | 30.94 | 27.98 | 42.95 | 41.97 |
| Cash & equivalents | 76.09 | 38.99 | 30.03 | 59.06 | 72.08 | 85.10 |
| Total Assets | 435 | 455 | 461 | 486 | 557 | 638 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from operating activity | 73.79 | 11.97 | 27.92 | 71.75 | 62.84 | 85.73 |
| Cash from investing activity | −33.89 | −39.89 | 0.99 | −19.94 | −50.81 | −42.85 |
| Cash from financing activity | −16.95 | 2.99 | −22.95 | −40.89 | −8.97 | −11.97 |
| Net cash flow | 22.01 | −25.01 | 5.99 | 10.99 | 3.01 | 31.01 |
| Capex | 36.57 | 56.68 | 19.00 | 31.92 | 42.25 | 48.60 |
| Free cash flow | 38.01 | −45.04 | 9.01 | 40.05 | 22.03 | 38.03 |
| CFO / OP % | 86.0% | 45.0% | 65.0% | 99.0% | 78.0% | 96.0% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor days | 20 | 22 | 23 | 20 | 27 | 24 |
| Inventory days | 48 | 62 | 49 | 62 | 80 | 107 |
| Days payable | 102 | 72 | 47 | 46 | 45 | 68 |
| Cash conversion cycle | −34 | 12 | 24 | 35 | 63 | 63 |
| Working capital days | −23 | −4 | 0 | 10 | 26 | 31 |
| ROCE % | — | 13.0% | 14.0% | 20.9% | 22.9% | 23.0% |
For the Jun 2026 quarter, Studds Accessories reported sales of ₹170 Cr, up 14.1% year on year and net profit of ₹11.97 Cr, down 40.1% year on year. The operating margin was 12.1%.
Studds Accessories' sales for the year to Mar 2026 were ₹633 Cr; over the last twelve months they were ₹654 Cr.
Net profit for the year to Mar 2026 was ₹82.84 Cr, and ₹74.87 Cr over the last twelve months. Earnings per share over the same trailing period were ₹18.95.
Studds Accessories reported borrowings of ₹7.98 Cr at Mar 2026, against cash and equivalents of ₹85.10 Cr.
Cash from operations was ₹85.73 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹38.03 Cr.