INE00Q601028
Listing Status: DRHP Filed
About Studds Accessories Limited
Overview of Studds Accessories Limited
Indian Economy Overview
The effects of a constant weakness in the global economy trickled down to the Indian economy as well and softened growth during the year. It registered a growth of 4.2% in FY 2019-20. Factors such as subdued consumer demand, decline in Index of Industrial Production (IIP) output, turbulence in non-banking financial institutions and lower investments further hampered growth prospects.
To add fuel to fire, the COVID-19 pandemic and the ensuing lockdowns from the last week of March 2020, adversely impacted the Indian economy. It disrupted supply chains and halted production as businesses were compelled to shut down temporarily. However, economic activity resumed in phases as the lockdowns continued to be lifted from time to time.
The government of India also announced policy support for individuals as well as businesses to provide relief during the crisis. It also initiatedefforts to revive MSMEs. Apart from this, the government announced a stimulus package of Rs. 20 lakh crore to revive the Indian economy and support ailing industries.
The Indian economy is projected to contract by 4.5% in 2020 owing to severe disruptions of economic activity due to the COVID-19 pandemic. But, favourable policies and fiscal measures are likely to stimulate growth and the economy is expected to recuperate with a robust growth of 6% in 2021.
Helmet Industry Overview
Helmets ensure the safety and security of motorcycle and scooter riders, reducing chances of head injuries and prevents serious mishaps in the instance of road accidents. Due to growing road accidents and fatalities, and below par road infrastructure in India, the demand for safer helmets have increased. Emphasizing the need to enforce road safety, in several places, helmets for riders as well as pillions have been mandated by the government. This is one of the major reasons for the increasing demand for helmets. India is also the world’s largest two-wheeler market and has therefore, become the largest market for two-wheeler helmets. Amendment of Section 129 of the Motor Vehicle Act strictly enforces certain guidelines for wearing helmets that ensure safety. According to the Act, every motorcycle rider should wear an ISI marked helmets which complies with Safety Standards specified by Bureau of Indian Standards. As customers continue to seek the best quality helmets, the branded helmet segment is anticipated to witness rapid growth. It is also likely to be extremely beneficial for companies like Studds, which is among the leading players in the Indian Two-Wheeler Helmet market.
The Indian Two-Wheeler Helmet industry is projected to grow at a CAGR of 14% during 2021-20265, owing to stringent road safety regulations and strict implementation of safety measures for commuters as well as helmet manufacturers.
Rising awareness about road safety is also going to contribute to the growth of the two-wheeler helmet industry. Governments is keen to reduce deaths due to road accidents and is therefore, enforcing stringent road safety laws pertaining to the use of helmets, seat-belts, child restraints, drunk drinking, speeding etc. All these factors are likely to drive growth of this segment.
Insights of Studds Accessories Limited
During the financial year under review revenue was Rs. 4625.07 million in FY 2021-22, as compared to Rs. 4,796.15 million in FY 2020-21. The EBITDA was at Rs. 597.05 million in FY 2021-
22 as compared to Rs. 1151.07 in FY 2020-21. Net Worth stood at Rs. 3108.07 million in FY 2021-22 as compared to Rs.2898.90 million for FY 2020-21. Total comprehensive income for the period stood at Rs. 287.85 million in FY 2021-22 as compared to Rs. 739.14 in FY 2020-21.During the financial year 2021-22, NIL amount has been transferred to General Reserve.
Despite volatilities the company performed well and the top line grew by 10.85%. Besides, growth in the top line, the operating EBIDTA grew at 41.16% and the Profit After Tax grew by 81.05% from the preceding year. The company have been focusing on the further development of it’s state-of-the-art manufacturing units and have relentlessly aspired to enhance skill development opportunities for its people. They have also made significant investments to develop a world-class R&D facility, backward integration by manufacturing EPSL in their plant, with an endeavour to improve the quality of their products and meet stringent safety standards. Looking ahead, the company aspires to enhance its operational efficiency and invest in latest technology to innovate unique products.Lorem Ipsum
Balance Sheet of Studds Accessories Limited
Profit and Loss of Studds Accessories Limited
Management of Studds Accessories Limited
MADHU BHUSHAN KHURANA - Managing Director
Shareholding in the company - 55.36 %
SIDHARTHA BHUSHAN KHURANA - Managing Director
Shareholding in the company - 14.3 %
SHANKER DEV CHOUDHRY - Director
Shareholding in the company - 0.09 %
PALLAVI SALUJA - Director
Shareholding in the company - 0.05 %
MANISH MEHTA - Chief Financial Officer
PANKAJ DUHAN - Director
Ancillary of Studds Accessories Limited
Ratio Analysis
Peers
Industry Benchmarking
Segment Revenue
Subsidaries
Security Allotment
Corporate Governance
Press of Studds Accessories Limited
Annual Report of Studds Accessories Limited
Company Information of Studds Accessories Limited
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Can I buy unlisted shares of Studds Accessories?
Yes, you can buy Studds Accessories shares. We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to buy share of Studds Accessories Please click on the trade button at the top of this page
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Can I sell unlisted shares of Studds Accessories?
Yes, you can sell Studds Accessories shares. We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded (Click on link). To submit a request to sell shares of Studds Accessories Please click on the trade button at the top of this page
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What is the price of Studds Accessories unlisted share?
We provide a two way quote on all the shares we deal in. Your buy price for Studds Accessories unlisted share is ₹870 and your sell price for Studds Accessories unlisted share is ₹800. The price is based on our estimates and market conditions.
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How is the price of Studds Accessories calculated?
Fundamental & Comparative valuation models and the forces of demand and supply in the market for unlisted shares dictate the price. These prices are based on our estimates and transaction history of Studds Accessories unlisted share.
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What are the lot sizes for Studds Accessories unlisted shares?
We can generally arrange lot sizes starting with an investment of INR 20,000. To confirm the lot sizes of Studds Accessories unlisted shares with us kindly click here.
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What are the financials of Studds Accessories?
The financials of Studds Accessories which includes the P/L of Studds Accessories and the Balance Sheet of Studds Accessories is in the financials section (Click on link).
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Where can I find the annual report of Studds Accessories?
The annual report of Studds Accessories is available in the annual report section (Click on link).
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What is the lock-in period of Studds Accessories unlisted share?
The minimum lock-in period of Studds Accessories unlisted share is 1 year post the listing date. Prior to listing the shares can be sold in the active unlisted market. We provide a two way quote on all the shares we deal in. Your buy price for Studds Accessories unlisted share is ₹870 and your sell price for Studds Accessories unlisted share is ₹800.
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Chennai Office
19/10, Guru Vappa Chetty Street, Chintadripet, Chennai - 600002
Dubai Office
2701, Executive Tower G, Business Bay, Dubai, UAE
Andhra Pradesh & Telangana Office
54-19-25/1, Flat no.101, Sai Residency, Nelson Mandela Park Road, LIC Colony, Vijayawada (Urban), Andhra Pradesh - 520008