General information about company
Scrip code*		544599
NSE Symbol*		STUDDS
MSEI Symbol*		NOTLISTTED
ISIN*		INE00Q601028
Name of company		Studds Accessories Limited
Type of company		Main Board
Class of security		Equity
Date of start of financial year		01-04-2025
Date of end of financial year		31-03-2026
Date of board meeting when results were approved		23-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange		16-05-2026
Description of presentation currency		INR
Level of rounding		Millions
Reporting Type		Quarterly
Reporting Quarter		Fourth quarter
Nature of report standalone or consolidated		Consolidated
Whether results are audited or unaudited for the quarter ended		Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended		Audited
Segment Reporting		Single segment
Description of single segment		Helmets and accessories
Start date and time of board meeting		23-05-2026 18:45
End date and time of board meeting		23-05-2026 19:45
Whether cash flow statement is applicable on company		Yes
Type of cash flow statement		Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification		Declaration of unmodified opinion

Financial Results – Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-01-2026	01-04-2025
Date of end of reporting period		31-03-2026	31-03-2026
Whether results are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	1675.42	6342.33
	Other income	31.99	115.16
	Total income	1707.41	6457.49
2	Expenses
(a)	Cost of materials consumed	988.31	2780.54
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-310.83	-225.86
(d)	Employee benefit expense	172.99	652.51
(e)	Finance costs	2.22	9.06
(f)	Depreciation, depletion and amortisation expense	53.73	211.81
(g)	Other Expenses
1	Other Expenses	511.8	1913.24
	Total other expenses	511.8	1913.24
	Total expenses	1418.22	5341.3
3	Total profit before exceptional items and tax	289.19	1116.19
4	Exceptional items	0	0
5	Total profit before tax	289.19	1116.19
6	Tax expense
7	Current tax	73.8	276.53
8	Deferred tax	4.4	13.13
9	Total tax expenses	78.2	289.66
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	210.99	826.53
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	210.99	826.53
17	Other comprehensive income net of taxes	-1.43	6.76
18	Total Comprehensive Income for the period	209.56	833.29
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	196.77	196.77
	Face value of equity share capital	5	5
22	Reserves excluding revaluation reserve		82.74
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	5.36	21
	Diluted earnings (loss) per share from continuing operations	5.36	21
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
iii	Earnings per equity share (for continuing and discontinued operations)
	Basic earnings (loss) per share from continuing and discontinued operations	5.36	21
	Diluted earnings (loss) per share from continuing and discontinued operations	5.36	21
24	Debt equity ratio	0.02	0.02	Textual Information( 1)
25	Debt service coverage ratio	34.28	34.28	Textual Information( 2)
26	Interest service coverage ratio			Textual Information( 3)
27	Disclosure of notes on financial results	Textual Information(4)

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2025
Date of end of reporting period		31-03-2026
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	3267.22
	Capital work-in-progress	529.45
	Investment property	0
	Goodwill	53.17
	Other intangible assets	62.02
	Intangible assets under development	45.88
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	0.12
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets
1	Other Financial Assets	238.74
2
3
4
5
	Details of other non-current financial assets
	Total of other non-current financial assets	238.74
	Total non-current financial assets	238.86
	Deferred tax assets (net)	0
	Other non-current assets
1
2
3
4
5
	Details of other non-current assets
	Total of other non-current assets
	Total non-current assets	4196.6
2	Current assets
	Inventories	750.23
	Current financial asset
	Current investments	0
	Trade receivables, current	418.85
	Cash and cash equivalents	703.27
	Bank balance other than cash and cash equivalents	142.62
	Loans, current	0
	Other current financial assets
1	Other Financial Assets	5.51
2
3
4
5
	Details of other current financial assets
	Total of Other current financial assets	5.51
	Total current financial assets	1270.25
	Current tax assets (net)	0
	Other current assets
1	Other current assets	158.93
2
3
4
5
	Details of other current assets
	Total of other current assets	158.93
	Total current assets	2179.41
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	6376.01
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	196.77
	Other equity	5032.91
	Total equity attributable to owners of parent	5229.68
	Non controlling interest	0
	Total equity	5229.68
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	36.66
	Trade Payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities
1	Other Non-Current Financial Liabilities	28.95
2	Lease Liabilities	25.86
3	Non-Current Provisions	48.89
4
5
	Details of other non-current financial liabilities
	Total of other non-current financial liabilities	103.7
	Total non-current financial liabilities	140.36
	Provisions, non-current	0
	Deferred tax liabilities (net)	198.14
	Deferred government grants, Non-current	0
	Other non-current liabilities
1
2
3
4
5
	Details of other non-current liabilities
	Total of other non-current liabilities
	Total non-current liabilities	338.5
	Current liabilities
	Current financial liabilities
	Borrowings, current	0
	Trade Payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	170.8
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	312.94
	Total Trade payable	483.74
	Other current financial liabilities
1	Other Current Financial Liabilities	113.82
2	Lease Liabilities	19.03
3
4
5
	Details of other current financial liabilities
	Total of other current financial liabilities	132.85
	Total current financial liabilities	616.59
	Other current liabilities
1	Other Current Liabilities	124.27
2
3
4
5
	Details of other current liabilities
	Total of other current liabilities	124.27
	Provisions, current	25.85
	Current tax liabilities (Net)	41.12
	Deferred government grants, Current	0
	Total current liabilities	807.83
3	Liabilities directly associated with assets in disposal group classified as held for sale
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	1146.33
	Total equity and liabilities	6376.01
	Disclosure of notes on assets and liabilities

Other Comprehensive Income
Date of start of reporting period		01-01-2026	01-04-2025
Date of end of reporting period		31-03-2026	31-03-2026
Whether results are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Items that will not be reclassified to profit or loss	-4.32	3.78
	Total Amount of items that will not be reclassified to profit and loss	-4.32	3.78
2	Income tax relating to items that will not be reclassified to profit or loss	-1.09	0.95
3	Amount of items that will be reclassified to profit and loss
1	Foreign Currency Translation Reserve	1.80	3.93
	Total Amount of items that will be reclassified to profit and loss	1.80	3.93
4	Income tax relating to items that will be reclassified to profit or loss	0.00	0.00
5	Total Other comprehensive income	-1.43	6.76

Cash flow statement, indirect
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2025
Date of end of reporting period		31-03-2026
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
Part I	Blue color marked fields are non-mandatory.
1	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax	1116.19
2	Adjustments for reconcile profit (loss)
	Adjustments for finance costs	9.06
	Adjustments for decrease (increase) in inventories	-187.4
	Adjustments for decrease (increase) in trade receivables, current	-3.31
	Adjustments for decrease (increase) in trade receivables, non-current	0
	Adjustments for decrease (increase) in other current assets	0
	Adjustments for decrease (increase) in other non-current assets	0
	Adjustments for other financial assets, non-current	0
	Adjustments for other financial assets, current	0
	Adjustments for other bank balances	0
	Adjustments for increase (decrease) in trade payables, current	79.15
	Adjustments for increase (decrease) in trade payables, non-current	0
	Adjustments for increase (decrease) in other current liabilities	0
	Adjustments for increase (decrease) in other non-current liabilities	0
	Adjustments for depreciation and amortisation expense	211.81
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss	0
	Adjustments for provisions, current	0
	Adjustments for provisions, non-current	0
	Adjustments for other financial liabilities, current	0
	Adjustments for other financial liabilities, non-current	0
	Adjustments for unrealised foreign exchange losses gains	-4.44
	Adjustments for dividend income	0
	Adjustments for interest income	0
	Adjustments for share-based payments	0
	Adjustments for fair value losses (gains)	-0.03
	Adjustments for undistributed profits of associates	0
	Other adjustments for which cash effects are investing or financing cash flow	0
	Other adjustments to reconcile profit (loss)	7.71
	Other adjustments for non-cash items	0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships	0
	Total adjustments for reconcile profit (loss)	112.55
	Net cash flows from (used in) operations	1228.74
	Dividends received	0
	Interest paid	0
	Interest received	-57.66
	Income taxes paid (refund)	306.52
	Other inflows (outflows) of cash	-1.46
	Net cash flows from (used in) operating activities	863.1
3	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses	0
	Cash flows used in obtaining control of subsidiaries or other businesses	0
	Other cash receipts from sales of equity or debt instruments of other entities	0
	Other cash payments to acquire equity or debt instruments of other entities	0
	Other cash receipts from sales of interests in joint ventures	0
	Other cash payments to acquire interests in joint ventures	0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships	0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships	0
	Proceeds from sales of property, plant and equipment	2.64
	Purchase of property, plant and equipment	470.41
	Proceeds from sales of investment property	0
	Purchase of investment property	0
	Proceeds from sales of intangible assets	0
	Purchase of intangible assets	0
	Proceeds from sales of intangible assets under development	0
	Purchase of intangible assets under development	0
	Proceeds from sales of goodwill	0
	Purchase of goodwill	0
	Proceeds from biological assets other than bearer plants	0
	Purchase of biological assets other than bearer plants	0
	Proceeds from government grants	0
	Proceeds from sales of other long-term assets	0
	Purchase of other long-term assets	0
	Cash advances and loans made to other parties	0
	Cash receipts from repayment of advances and loans made to other parties	0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts	0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts	0
	Dividends received	0
	Interest received	57.66
	Income taxes paid (refund)	0
	Other inflows (outflows) of cash	-20.76
	Net cash flows from (used in) investing activities	-430.87
4	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries	0
	Payments from changes in ownership interests in subsidiaries	0
	Proceeds from issuing shares	0
	Proceeds from issuing other equity instruments	0
	Payments to acquire or redeem entity's shares	0
	Payments of other equity instruments	0
	Proceeds from exercise of stock options	0
	Proceeds from issuing debentures notes bonds etc	0
	Proceeds from borrowings	0
	Repayments of borrowings	-5.09
	Payments of lease liabilities	16.38
	Dividends paid	98.43
	Interest paid	9.06
	Income taxes paid (refund)	0
	Other inflows (outflows) of cash	0
	Net cash flows from (used in) financing activities	-118.78
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes	313.45
5	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents	0
	Net increase (decrease) in cash and cash equivalents	313.45
	Cash and cash equivalents cash flow statement at beginning of period	389.82
	Cash and cash equivalents cash flow statement at end of period	703.27

Details of Impact of Audit Qualification
Whether results are audited or unaudited		Audited
Declaration of unmodified opinion or statement on impact of audit qualification		Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Consolidated results		Yes
	Audit firm's name	Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI	Certificate valid upto
1	RANJAN CHHABRA & CO	Yes	31-01-2027

General information about company

Financial Results – Ind-AS

Statement of Asset and Liabilities

Other Comprehensive Income

Cash flow statement, indirect

Details of Impact of Audit Qualification