STUDDS quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
Studds Accessories Ltd reported sales of ₹183 Cr, operating profit of ₹23 Cr (OPM 12%) and net profit of ₹15 Cr for the quarter ended Sep 2026. Figures in ₹ crore, consolidated where available.
STUDDS quarterly results (₹ Cr)
Metric
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Sales
149
150
149
154
163
168
170
183
Expenses
123
122
119
125
132
136
150
160
Operating Profit
26
28
30
30
31
31
20
23
OPM
17%
19%
20%
19%
19%
19%
12%
12%
Other Income
2
4
3
3
3
3
3
3
Interest
0
0
0
0
0
0
0
0
Depreciation
5
5
5
5
5
5
5
6
Profit before tax
23
27
28
27
28
29
17
20
Tax
28%
26%
27%
24%
26%
27%
28%
28%
Net Profit
16
20
20
21
21
21
12
15
EPS in Rs
4.16
5.05
5.15
5.24
5.26
5.36
3.13
3.75
STUDDS profit & loss, annual (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
TTM
Sales
463
499
529
584
634
683
Expenses
408
439
438
479
511
579
Operating Profit
54
60
91
105
123
104
OPM
12%
12%
17%
18%
19%
15%
Other Income
5
7
6
12
12
13
Interest
3
3
2
1
2
1
Depreciation
17
18
19
21
21
22
Profit before tax
40
46
76
95
112
94
Tax
28%
29%
25%
27%
26%
-
Net Profit
29
33
57
70
83
69
EPS in Rs
7.27
8.41
14.53
17.7
21
17.5
Dividend Payout
21%
24%
14%
14%
14%
-
STUDDS balance sheet (₹ Cr)
Metric
Mar 2024
Mar 2025
Sep 2025
Mar 2026
Sep 2026
Equity Capital
10
20
20
20
20
Reserves
378
430
461
503
519
Borrowings
9
9
9
8
8
Other Liabilities
89
98
141
106
112
Total Liabilities
486
557
631
638
658
Fixed Assets
331
338
339
338
343
CWIP
12
29
46
58
60
Investments
0
0
0
0
0
Other Assets
142
189
246
242
255
Total Assets
486
557
631
638
658
STUDDS cash flows (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Cash from Operating Activity
12
28
72
63
86
Cash from Investing Activity
-40
1
-20
-51
-43
Cash from Financing Activity
3
-23
-41
-9
-12
Net Cash Flow
-25
6
11
3
31
Free Cash Flow
-45
9
40
21
40
CFO/OP
45%
65%
99%
77%
95%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit