Studds Accessories Limited
BSE: STUDDS · Auto Components & Equipments
Snapshot
Unlock Studds Accessories Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Studds Accessories Limited is a prominent manufacturer specialising in two-wheeler helmets and motorcycle accessories. The company operates as the largest two-wheeler helmet manufacturer in India by revenue and globally by volume.
Business Model
The company generates revenue through the design, manufacturing, and sale of helmets and related accessories under its mass-market brand, Studds, and its premium brand, SMK.
- FY25 Helmet Sales Volume:7.4 million units
Growth Outlook
Growth is driven by the company's established market leadership and its ability to cater to both mass-market and premium segments within the two-wheeler accessory industry.
Key Risks
- Regulatory Changes. Changes in government safety standards and helmet certification requirements could necessitate costly adjustments to manufacturing processes.
- Raw Material Price Volatility. Fluctuations in the cost of raw materials like plastics, resins, and expanded polystyrene can significantly impact profit margins.
- Market Competition. The entry of new domestic or international players in the helmet segment could exert pressure on pricing and market share.
- Two-Wheeler Industry Cyclicality. Demand for helmets is intrinsically linked to the sales performance of the two-wheeler automotive sector.
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Key Metrics
P/E
22.3×
Q2 FY27 · consolidated
EV/EBITDA
12.7x
Q2 FY27 · consolidated
NET PROFIT MARGIN
8.0%
Q2 FY27 · consolidated
DEBT TO EQUITY
0.0x
Q2 FY27 · consolidated
Peers · Auto Components & Equipments
| Company | Mkt Cap | P/E (TTM) | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Studds Accessories LimitedSTUDDS | ₹1,535 Cr | 22.3× | 12.70 | — | 17.1% | 13.5% | 17.5% | — |
Ndr Auto Components LimitedNDRAUTO | ₹1,640 Cr | 25.3× | 16.30 | 18.2% | 11.6% | 19.7% | 20.4% | -28.7% |
RACL GeartechRACLGEAR | ₹1,586 Cr | 31.4× | 13.71 | 28.2% | 25.2% | 17.1% | 24.4% | +17.0% |
Frontier SpringsFRONTSP | ₹1,523 Cr | — | — | — | 27.0% | — | — | -70.7% |
Rico Auto Industries LimitedRICOAUTO | ₹1,414 Cr | 45.8× | 9.79 | 21.4% | 8.0% | 4.3% | 8.5% | +25.3% |
Jay Bharat Maruti Ltd.JAYBARMARU | ₹1,407 Cr | 10.2× | 6.37 | 13.3% | 11.0% | 22.0% | 16.0% | +44.4% |
As of Q2 FY27
Financials
Studds Accessories Limited
BSE: STUDDS · Auto Components & Equipments
Snapshot
Unlock Studds Accessories Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Studds Accessories Limited is a prominent manufacturer specialising in two-wheeler helmets and motorcycle accessories. The company operates as the largest two-wheeler helmet manufacturer in India by revenue and globally by volume.
Business Model
The company generates revenue through the design, manufacturing, and sale of helmets and related accessories under its mass-market brand, Studds, and its premium brand, SMK.
- FY25 Helmet Sales Volume:7.4 million units
Growth Outlook
Growth is driven by the company's established market leadership and its ability to cater to both mass-market and premium segments within the two-wheeler accessory industry.
Key Risks
- Regulatory Changes. Changes in government safety standards and helmet certification requirements could necessitate costly adjustments to manufacturing processes.
- Raw Material Price Volatility. Fluctuations in the cost of raw materials like plastics, resins, and expanded polystyrene can significantly impact profit margins.
- Market Competition. The entry of new domestic or international players in the helmet segment could exert pressure on pricing and market share.
- Two-Wheeler Industry Cyclicality. Demand for helmets is intrinsically linked to the sales performance of the two-wheeler automotive sector.
Start your research today
Unlock AI insights, financials, peers and live data on Studds Accessories Limited and 5,000+ companies — free.
Key Metrics
P/E
22.3x
Q2 FY27 · consolidated
EV/EBITDA
12.7x
Q2 FY27 · consolidated
NET PROFIT MARGIN
8.0%
Q2 FY27 · consolidated
DEBT TO EQUITY
0.0x
Q2 FY27 · consolidated
Peers · Auto Components & Equipments
As of Q2 FY27