Price
Financials
Consolidated, Rs crore| 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 | 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 |
| 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 |
| 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 |
| 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 |
| 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 | 37.60 | 14.56 | 16.85 | 29.09 | 17.70 | 21.00 | 18.99 |
| Dividend Payout % | 11% | 21% | 24% | 14% | 14% | 14% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 6% | 8% | 10% | ||
| Compounded Profit Growth | % | 2% | 36% | 1% | ||
| Stock Price CAGR | % | % | % | % | ||
| Return on Equity | % | 14% | 17% | 17% |
| 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 |
| 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 |
| 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 | 40 |
| CFO/OP | 86% | 45% | 65% | 99% | 77% | 95% |
| 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% |
| Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|
| Promoters | 61.75% | 61.75% | 61.75% |
| FIIs | 1.36% | 1.07% | 1.48% |
| DIIs | 8.98% | 9.60% | 9.19% |
| Public | 27.92% | 27.58% | 27.57% |
| No. of Shareholders | 83,832 | 75,013 | 73,166 |
Fundamentals
Market Cap₹ 1,553 Cr.
Current Price₹ 396
Stock P/E20.8
Book Value₹ 133
ROCE22.9 %
ROE17.0 %
Dividend Yield0.76 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)10%
Compounded Profit Growth (TTM)1%
Consolidated figures.
Valuation
Market capRs 787 Cr
Enterprise valueRs 794 Cr
P/E (TTM)9.66x
Price to book2.53x
Price to sales1.28x
EV / EBITDA6.02x
EV / EBIT7.17x
EV / sales1.29x
Price to cash flow68.24x
Earnings yield10.35%
Dividend yield0.75%
Profitability
Operating margin (excl. other income)11.76%
Operating margin (incl. other income)12.94%
EBITDA margin21.38%
Pre-tax margin17.79%
Net profit margin13.21%
Net margin, latest quarter12.69%
ROE9.53%
ROCE12.81%
ROA6.44%
ROIC (approx.)24.92%
Tax rate28.44%
Other income / net worth1.76%
Growth
Sales growth (latest year)-3.57%
Profit growth (latest year)-61.29%
Sales growth QoQ5.57%
Profit growth QoQ0.34%
Sales growth YoY (latest quarter)9.42%
Profit growth YoY (latest quarter)26.08%
Per share
EPS (TTM)Rs 41.39
EPS (latest year)Rs 14.56
EPS (latest quarter)Rs 10.52
Book value per shareRs 158.00
Sales per shareRs 313.29
Cash flow per shareRs 5.86
Free cash flow per shareRs 20.33
Dividend per share (latest year)Rs 3.00
Dividends
Dividend payout20.60%
Efficiency
Asset turnover1.02x
Fixed asset turnover1.49x
Inventory turnover7.01x
Inventory days52 days
Debtor days22 days
Debtors turnover16.43x
Creditor days69 days
Cash conversion cycle62 days
Working capital days30 days
Leverage
Total debtRs 46 Cr
Cash and bankRs 39 Cr
Net debtRs 7 Cr
Debt to equity0.15x
Net debt / EBITDA0.05x
Interest coverage108.49x
Current ratio (filing 2026-03-31)2.70x
Quick ratio (filing 2026-03-31)1.77x
Trade payables (filing 2026-03-31)Rs 48 Cr
Owners' fund to total sources68.25%
Debt to assets10.14%
Cash flow
Cash from Operating Activity (latest year)Rs 12 Cr
Cash from Investing Activity (latest year)Rs -40 Cr
Cash from Financing Activity (latest year)Rs 3 Cr
Net Cash Flow (latest year)Rs -25 Cr
Free cash flow (latest year)Rs 40 Cr
FCFE (approx.: FCF + change in debt)Rs 58 Cr
Cash from ops / profit, 5 years0.96x
Sales to cash flow40.11x
Statement figures
Net sales (TTM)Rs 616 Cr
Net sales (latest year)Rs 463 Cr
Sales (latest quarter)Rs 163 Cr
Operating profit excl. other income (latest year)Rs 54 Cr
Operating profit (latest quarter)Rs 31 Cr
Other income (TTM)Rs 13 Cr
EBITDA (TTM)Rs 132 Cr
PBDT (TTM)Rs 131 Cr
Profit before tax (TTM)Rs 110 Cr
Tax (latest year)Rs 11 Cr
Net profit (TTM)Rs 81 Cr
Net profit (latest year)Rs 29 Cr
Net profit (latest quarter)Rs 21 Cr
Depreciation (TTM)Rs 21 Cr
Depreciation (latest quarter)Rs 5 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 297 Cr
Total expenditure (latest year)Rs 408 Cr
Total income (latest year)Rs 468 Cr
Share capitalRs 10 Cr
ReservesRs 301 Cr
Shareholders' fundsRs 311 Cr
Total assetsRs 455 Cr
Net blockRs 310 Cr
Capital work in progressRs 13 Cr
ReceivablesRs 28 Cr
InventoryRs 42 Cr
Other liabilitiesRs 98 Cr
Shares outstanding (crore)1.97
Ownership
Promoter holding61.75%
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | STUDDS | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -3.0% | -2.8% | -0.2 pts |
| 1 month | -9.4% | -6.8% | -2.6 pts |
| 3 months | -14.4% | -7.6% | -6.8 pts |
| 6 months | -10.9% | +0.4% | -11.3 pts |
6 mutual fund schemes hold about ₹137 Cr.
Over three months 4 bought more and 1 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| ICICI Pru Multi Asset Allocation Fund | 0.06% | 49 | +7% |
| ICICI Pru Transportation and Logistics Fund | 0.81% | 34 | +36% |
| Nippon India Small Cap Fund | 0.03% | 25 | +6% |
| Edelweiss Recently Listed IPO Fund | 1.00% | 12 | -2% |
| HDFC Transportation and Logistics Fund | 0.54% | 11 | -6% |
| HDFC Consumption Fund | 0.55% | 6 | +8% |
Red flags
F-score 3 of 8| explain | Debt up, profit down Borrowings up 66% while net profit fell in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹170 Cr +14.1% vs Jun 2025.
Net profit ₹12 Cr -40.0%.
Against our estimate for Jun 2026: sales +3.1%, profit -44.7% big miss. Our estimate for Sep 2026: sales Rs 174 Cr, profit Rs 22 Cr (how).
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Samvardhana Motherson International Ltd | 167,351 | 36.6 | 13.4 % |
| Bosch Ltd | 134,797 | 57.0 | 21.5 % |
| Bharat Forge Ltd | 94,900 | 94.0 | 12.6 % |
| Uno Minda Ltd | 67,102 | 54.9 | 19.6 % |
| Schaeffler India Ltd | 61,271 | 47.5 | 27.9 % |
| Sona BLW Precision Forgings Ltd | 50,907 | 65.5 | 15.1 % |
| Tube Investments of India Ltd | 46,709 | 74.5 | 17.1 % |
| Endurance Technologies Ltd | 37,343 | 37.9 | 17.8 % |
| Exide Industries Ltd | 34,595 | 36.9 | 8.54 % |
| Dhoot Transmission Ltd | 30,776 | 68.7 | 24.4 % |
| Craftsman Automation Ltd | 27,475 | 58.7 | 13.9 % |
| Sansera Engineering Ltd | 27,228 | 78.1 | 13.7 % |
| ZF Commercial Vehicle Control System India Ltd | 26,150 | 53.2 | 19.1 % |
| Asahi India Glass Ltd | 24,421 | 54.7 | 11.5 % |
| Sundram Fasteners Ltd | 24,022 | 38.7 | 17.6 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-08-28 | Dividend - Rs 3 Per Share |
| Date | Type | What it says |
|---|---|---|
| 2026-10-01 | Postponement of commercial p | Update on commercial production at Manufacturing Facility-V |
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Studds Accessories Ltd?
Studds Accessories Ltd (STUDDS) has a market capitalisation of Rs 1,553 Cr. at the 2026-10-01 close.
What is the P/E ratio of Studds Accessories Ltd?
Studds Accessories Ltd trades at a P/E of 20.8 on trailing twelve-month profit, at the 2026-10-01 close.
What were Studds Accessories Ltd's latest quarterly results?
In the Jun 2026 quarter, Studds Accessories Ltd sales was Rs 170 Cr (+14.1% vs Jun 2025) and net profit was Rs 12 Cr.
What is the 52-week high and low of Studds Accessories Ltd?
The 52-week high is Rs 600.00 and the 52-week low is Rs 389.45.