Studds Accessories Limited
NSE: STUDDSAuto Components & Equipments
Share price
₹414.50
-0.36% close of 9 Oct 2026
Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.
Business score
How strong the business is, in one number. The parts behind it are in Pro.
71
out of 100 · worked out 9 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹1,658 Cr
P/E ratio
22.2
P/B ratio
3.1
ROCE
22.9%
ROE
17.1%
Dividend yield
0.7%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Fewer than three years of filings — too early to judge growth.
Whether it grew faster than its sector
It grew 6.3% a year against a sector median of 10.5% — 4.2 percentage points slower.
Room to re-rate, or risk of de-rating
Too little price history yet to compare it with its own past.
Whether growth justifies the valuation
Priced at 0.6 times its growth rate, on earnings growth of 36%.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Studds Accessories Limited — this one | 36%/yr | 22.2× | ₹0.62 |
| Samvardhana Motherson International Limited | 40%/yr | 35.3× | ₹0.88 |
| Bosch Limited | 14%/yr | 55.3× | ₹3.9 |
| Bharat Forge Limited | 33%/yr | 86.4× | ₹2.6 |
| UNO Minda Limited | 23%/yr | 52.1× | ₹2.3 |
| Schaeffler India Limited | 10%/yr | 45.4× | ₹4.5 |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Auto Components & Equipments), it ranks 22 of 101 on returns, 75 of 99 on growth, 16 of 101 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
A wide advantage: it earns 22.9% on capital, ahead of 78% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
Yes — Over the last five years it made ₹261 crore of cash from the business, spent ₹197 crore on plant and equipment, and returned ₹82 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 6 years, about 97 arrived as cash. Its cash comes back more slowly than it used to: it went from being paid 5 days before it paid its own suppliers to waiting 30 days for its cash.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
9 of 10 checks clear · 90%
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Announced 8 Aug 2026 · Consolidated · Unaudited
Revenue
₹170 Cr
Revenue vs last year
+13.9%
Revenue vs last quarter
+1.0%
Net profit
₹12 Cr
Profit vs last year
-38.5%
Profit vs last quarter
-41.4%
Net margin
7.2%
EPS
₹3.12
Earnings call transcript · 10 Aug 2026
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹1,658 Cr
- Prev close
- ₹414.50
- 52w High
- ₹600
- 52w Low
- ₹389
- Enterprise value
- ₹1,581 Cr
- Beta
- 0.8
- Price CAGR 1y
- —
- Price CAGR 3y
- —
- Price CAGR 5y
- —
- Price CAGR 10y
- —
Ratios
- Return on assets
- 13.0%
- PEG ratio
- 0.6
- P/E ratio
- 22.2
- P/B ratio
- 3.1
- EV / EBITDA
- 14.1
- Industry P/E
- 32.0
- ROCE
- 22.9%
- ROCE 5y average
- 18.8%
- ROE
- 17.1%
- Debt / Equity
- 0.0
- Interest coverage
- 57.0
- Dividend yield
- 0.7%
- ROE 3y average
- 17.0%
- ROE last year
- 17.0%
Annual P&L
- Annual revenue
- ₹634 Cr
- Annual profit
- ₹83 Cr
- Operating margin
- 19.0%
- Net profit margin
- 13.1%
- EBITDA margin
- 19.4%
- Sales growth 3y
- 8.3%
- Sales growth 5y
- 5.7%
- Profit growth 3y
- 36.0%
- Profit growth 5y
- 2.0%
- EPS
- ₹21.0
- Sales growth TTM
- 10.0%
- Profit growth TTM
- 1.0%
- Dividend payout
- 14.0%
Quarter P&L
- Sales latest quarter
- ₹170 Cr
- Profit latest quarter
- ₹12 Cr
- YoY quarterly sales growth
- 13.7%
- YoY quarterly profit growth
- -40.0%
- OPM latest quarter
- 11.5%
Balance Sheet
- Book Value
- ₹131
- Face Value
- ₹5.0
- Total debt
- ₹8 Cr
- Total cash
- ₹85 Cr
- Borrowings
- ₹8 Cr
- Reserves / Equity
- 25.1
Cash Flow
- Operating cash flow
- ₹86 Cr
- Free cash flow
- ₹40 Cr
- FCF yield
- 2.3%
- Net cash flow
- ₹31 Cr
Shareholding
- Promoter holding
- 61.8%
- FII holding
- 1.5%
- DII holding
- 9.2%
- Public holding
- 27.6%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| Samvardh. Mothe. | 154.90 | 35.7 | 1,63,488 | 0.38 | 1,075.7 | 81.5 | 35,243.8 | 16.6 | 13.4 |
| Bosch | 43,225.00 | 53.9 | 1,27,497 | 0.61 | 706.1 | 5.2 | 5,841.9 | 22.0 | 21.5 |
| Bharat Forge | 1,794.95 | 86.8 | 87,714 | 0.46 | -89.9 | -57.7 | 4,639.9 | 18.7 | 12.6 |
| Uno Minda | 1,096.95 | 51.8 | 63,345 | 0.24 | 315.5 | 1.8 | 5,556.9 | 23.8 | 19.6 |
| Schaeffler India | 3,733.00 | 45.2 | 58,348 | 0.93 | 336.7 | 13.7 | 2,681.4 | 17.5 | 27.9 |
| Sona BLW Precis. | 794.25 | 63.8 | 49,575 | 0.42 | 220.1 | 73.4 | 1,157.2 | 50.8 | 15.1 |
| Tube Investments | 2,273.00 | 70.2 | 43,999 | 0.15 | 294.0 | -15.3 | 6,215.3 | 17.1 | 17.1 |
| Studds Accessor. | 420.60 | 22.2 | 1,655 | 0.71 | 12.3 | -39.3 | 169.7 | 13.7 | 22.9 |
| Median | 446.05 | 29.2 | 1,565 | 0.32 | 12.3 | 22.3 | 265.5 | 21.0 | 16.4 |
Competes with: Bharat Forge Limited, Bosch Limited, Samvardhana Motherson International Limited, Schaeffler India Limited, Sona BLW Precision Forgings Limited, Tube Investments of India Limited, UNO Minda Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | 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 |
| Material Cost | 66 | 51 | 99 | 81 | ||||
| Change in Inventories | -1.83 | 12 | -31 | -2.08 | ||||
| Purchases of Stock-in-Trade | 0 | 0 | 0 | 0 | ||||
| Employee Cost | 16 | 16 | 17 | 18 | ||||
| Other Expenses | 45 | 53 | 51 | 53 | ||||
| Operating Profit | 27 | 26 | 28 | 30 | 30 | 31 | 31 | 20 |
| OPM % | 18 | 17 | 19 | 20 | 19 | 19 | 19 | 12 |
| Other Income | 3 | 2 | 4 | 3 | 3 | 3 | 3 | 3 |
| Exceptional items (within Other Income) | 0 | 0 | 0 | 0 | ||||
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Profit before tax | 24 | 23 | 27 | 28 | 27 | 28 | 29 | 17 |
| Tax % | 27 | 28 | 26 | 27 | 24 | 26 | 27 | 28 |
| Net Profit | 17 | 16 | 20 | 20 | 21 | 21 | 21 | 12 |
| EPS in Rs | 8.89 | 8.34 | 5.05 | 5.15 | 5.24 | 5.26 | 5.36 | 3.13 |
| Diluted EPS in Rs | 5.24 | 5.27 | 5.36 | 3.12 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|
| Sales | 480 | 463 | 499 | 529 | 584 | 634 | 655 |
| Expenses | 369 | 408 | 439 | 438 | 479 | 511 | 543 |
| Material Cost | 278 | ||||||
| Change in Inventories | -23 | ||||||
| Purchases of Stock-in-Trade | 0 | ||||||
| Employee Cost | 65 | ||||||
| Other Expenses | 191 | ||||||
| Operating Profit | 111 | 54 | 60 | 91 | 105 | 123 | 111 |
| OPM % | 23 | 12 | 12 | 17 | 18 | 19 | 17 |
| Other Income | 5 | 5 | 7 | 6 | 12 | 12 | 12 |
| Exceptional items (within Other Income) | 0 | ||||||
| Interest | 4 | 3 | 3 | 2 | 1 | 2 | 1 |
| Depreciation | 13 | 17 | 18 | 19 | 21 | 21 | 21 |
| Profit before tax | 98 | 40 | 46 | 76 | 95 | 112 | 101 |
| Tax % | 25 | 28 | 29 | 25 | 27 | 26 | |
| Net Profit | 74 | 29 | 33 | 57 | 70 | 83 | 75 |
| EPS in Rs | 38 | 15 | 17 | 29 | 18 | 21 | 19 |
| Diluted EPS in Rs | 21 | ||||||
| Dividend Payout % | 11 | 21 | 24 | 14 | 14 | 14 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- —
- 5 years
- 6%
- 3 years
- 8%
- TTM
- 10%
Compounded profit growth
- 10 years
- —
- 5 years
- 2%
- 3 years
- 36%
- TTM
- 1%
Return on equity
- 10 years
- —
- 5 years
- 14%
- 3 years
- 17%
- Last year
- 17%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 20 | 20 |
| Reserves | 280 | 301 | 328 | 378 | 430 | 503 |
| Borrowings | 28 | 46 | 32 | 9 | 9 | 8 |
| Other Liabilities | 117 | 98 | 91 | 89 | 98 | 106 |
| Minority Interest | 0 | |||||
| Total Liabilities | 435 | 455 | 461 | 486 | 557 | 638 |
| Fixed Assets | 266 | 310 | 311 | 331 | 338 | 338 |
| CWIP | 10 | 13 | 12 | 12 | 29 | 58 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 159 | 133 | 138 | 142 | 189 | 242 |
| Total Assets | 435 | 455 | 461 | 486 | 557 | 638 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | 74 | 12 | 28 | 72 | 63 | 86 |
| Cash from Investing Activity | -34 | -40 | 1 | -20 | -51 | -43 |
| Cash from Financing Activity | -17 | 3 | -23 | -41 | -9 | -12 |
| Net Cash Flow | 22 | -25 | 6 | 11 | 3 | 31 |
| Free Cash Flow | 38 | -45 | 9 | 40 | 21 | 39 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | 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 | 103 | 73 | 48 | 47 | 46 | 69 |
| Cash Conversion Cycle | -35 | 11 | 23 | 34 | 62 | 62 |
| Working Capital Days | -24 | -5 | -1 | 9 | 26 | 30 |
| ROCE % | 13 | 14 | 21 | 23 | 23 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
1 when an audit qualification is filed as repetitive
0.00flag
2026-03-31
company capacity utilisation %
81.00pct
2026-06-30
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
exports as % of revenue
21.00pct
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash
-77.00inr_cr
2026-03-31
guarantees / comfort given for promoter, promoter group, directors and KMP
0.00cr
2026-03-31
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
0.00cr
2026-03-31
security given for the borrowing of promoter, promoter group, directors and KMP
0.00cr
2026-03-31
volume growth %
8.50pct
2026-06-30
News
News and filings about Studds Accessories Limited. Open one to see why it matters.
1 Oct, 17:00 IST · Company event · medium impact
Studds Accessories Limited — Update on commercial production at Manufacturing Facility-V
22 Sept, 16:09 IST · Company event · low impact
Significant increase in volume has been observed in Studds Accessories Limited.
21 Sept, 18:05 IST · Company event · low impact
Significant increase in volume has been observed in Studds Accessories Limited.
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
Uses as raw material
- Acrylonitrile Butadiene Styrene (ABS)
- Cloth
- Expanded polystyrene (EPS)
- Master carton and individual carton packaging
- Paints
- Polycarbonate
Sells to
- Decathlon · helmets (commercial supply from Jul 2026)
- Eicher Motors · two-wheeler helmets (OEM supply — Royal Enfield)
- Hero MotoCorp · two-wheeler helmets (OEM supply)
- India Yamaha Motor · two-wheeler helmets (OEM)
- Jay Squared LLC / Daytona · two-wheeler helmets (export)
- O'Neal · two-wheeler helmets (export / private label)
- Suzuki Motorcycle India · two-wheeler helmets (OEM)
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Automobile and Auto Components
- Industry
- Auto Components & Equipments
- Classification
- Automobile and Auto Components › Auto Components & Equipments
- ISIN
- INE00Q601028
Plants
- Manufacturing Facility I · Faridabad, Haryana
- Manufacturing Facility II · Faridabad, Haryana
- Manufacturing Facility III · Faridabad, Haryana
- Manufacturing Facility IV · Faridabad, Haryana
- Manufacturing Facility V · Faridabad, Haryana
News impact
Big market events that reach Studds Accessories Limited, and how the effect spreads.
No recent market events reach this company.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Dividends
| 28 Aug 2026 | unspecified | ₹3 |
|---|
Splits, bonuses & buybacks
- daily-prices repair: 2 rows from NSE's archive (replace 0, delete 1, insert 1), 2026-01-15..2026-02-01 (docs/flat_day_repair.md)1× · 15 Jan 2026
Bulk & block deals
| Date | Who | Bought / sold | Shares | Price |
|---|---|---|---|---|
| 10 Jun 2026 | NK SECURITIES RESEARCH PRIVATE LIMITED | BUY | 2,52,944 | ₹530.62 |
| 10 Jun 2026 | NK SECURITIES RESEARCH PRIVATE LIMITED | SELL | 2,52,944 | ₹530.93 |
| 10 Jun 2026 | MICROCURVES TRADING PRIVATE LIMITED | SELL | 2,25,139 | ₹531.04 |
| 10 Jun 2026 | MICROCURVES TRADING PRIVATE LIMITED | BUY | 2,25,139 | ₹530.40 |
| 10 Jun 2026 | IRAGE BROKING SERVICES LLP | BUY | 2,04,060 | ₹536.65 |
| 10 Jun 2026 | IRAGE BROKING SERVICES LLP | SELL | 1,52,575 | ₹532.83 |
| 9 Jun 2026 | NK SECURITIES RESEARCH PRIVATE LIMITED | SELL | 2,38,592 | ₹499.71 |
| 9 Jun 2026 | NK SECURITIES RESEARCH PRIVATE LIMITED | BUY | 2,38,222 | ₹499.38 |
Insider trades
| Disclosed | Who | Type | Shares | Value ₹ Cr |
|---|---|---|---|---|
| 15 Sep 2026 | Sidhartha Bhushan Khurana · Promoter and Director | BUY | 16,609 | 0.69 |
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Annual report · 2025-2612 Aug 2026
- Earnings call · Q1FY2710 Aug 2026
- Results presentation30 Jun 2026
- Earnings call · Q4FY2625 May 2026
- Earnings call · Q3FY262 Feb 2026
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.