Outcome of the Board Meeting held on interalia to approve : 1. Audited Financial Results (Standalone and Consolidated) for the Quarter and Financial Year ended March 31, 2026. 2. Recommendation ....
STUDDS · price
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Studds Accessories Ltd reported FY 2025-26 standalone revenue of Rs 6,301.85 million (up 8.2% YoY from Rs 5,825.59 million) and PAT of Rs 837.53 million (up 18.3% from Rs 707.78 million). EBITDA margin expanded to ~21.4% from ~20.2% in the prior year. The Board recommended a dividend of Rs 3 per share (60% payout), approved an ESOP scheme covering up to 2,97,381 options (0.75% of equity), and announced CFO transition - Mr. Bharat Goyal (CA with 17 years experience) appointed as new CFO effective July 1, 2026 replacing Mr. Manish Mehta who moves to VP-Taxation & Compliance. Deloitte Haskins & Sells LLP appointed as new Internal Auditors. Statutory auditors issued an unmodified (clean) opinion with no going concern or qualification issues. The Company listed via IPO in FY 2025-26 (offer for sale, no fresh capital raised).
Strong financial performance with profit growth and margin expansion. CFO transition and new internal auditor appointment reflect management changes. ESOP scheme aligns employee interests with shareholders. The 60% dividend payout signals confidence but may limit retained earnings for growth investments.