STUDDSNSEStudds Accessories LimitedMediumNeutral
Announced Sat, 23 May · 22:18 IST

Studds Accessories Limited has informed the Exchange about Options to purchase securities by the formulation, adoption and implementation of Studds Accessories LimitedEmployee Stock Option Scheme 2026

Fund Raising View source PDF

STUDDS · price

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Price reaction · full curve 14 horizons · vs prior close
+2.0%1-day move
₹449.00
prior close
₹454.40
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0-0.6-0.6-1.6+2.0+4.7+0.9+0.0-0.2-2.0+12.5+7.0-1.2
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AI summary

Studds Accessories Limited reported strong FY 2025-26 standalone results with revenue from operations of ₹6,301.85 million, up 8.2% from ₹5,825.59 million in the previous year. Net profit grew 18.3% to ₹837.53 million from ₹707.78 million, with basic and diluted EPS at ₹21.28. The Board recommended a dividend of ₹3 per equity share (60% on face value of ₹5), subject to shareholder approval. The company also approved the Studds ESOP Scheme 2026 for employees, covering up to 0.75% of post-issued equity capital (maximum 2,97,381 shares) at exercise price not less than 85% of market price. CFO change was announced: Mr. Manish Mehta stepping down effective July 1, 2026, with Mr. Bharat Goyal appointed as new CFO. Deloitte Haskins & Sells LLP was appointed as internal auditors for FY 2026-27.

Likely market impact

The strong profit growth of 18.3% and maiden dividend declaration signal healthy financial performance post-listing. The ESOP scheme will help retain talent but may cause minor dilution. Leadership continuity with the new CFO appointment is positive for stability.