Studds Accessories Limited has submitted to the Exchange, the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.
STUDDS · price
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Studds Accessories Limited reported strong full-year FY2026 results with revenue from operations growing 8.2% to ₹6,301.85 million from ₹5,825.59 million in FY2025. Net profit (PAT) increased 18.3% to ₹837.53 million versus ₹707.78 million in the prior year. Basic and diluted EPS improved to ₹21.28 from ₹17.99. The Board recommended a dividend of ₹3 per equity share (60% on face value of ₹5). Cash position strengthened significantly with cash and cash equivalents rising to ₹702.74 million from ₹386.11 million. The company also announced leadership changes including a new CFO appointment effective July 1, 2026, and approved an Employee Stock Option Scheme 2026 for employees. Statutory auditors issued unmodified (clean) opinions on both standalone and consolidated financial results.
Positive results with healthy profit growth and strong cash generation. The dividend payout and ESOP scheme signal management confidence in future prospects. Clean audit opinions with no going concern issues are reassuring for shareholders.