Auto Parts & Equipment company Studds Accessories announced Q4FY26 & FY26 results Consolidated Financial Highlights: Revenue from Operations: For Q4FY26, revenue stood at Rs 1,675.42 million, reflecting a YoY growth of 11.88% from Rs 1,497.51 million in Q4FY25, and a QoQ increase of 2.76% from Rs 1,630.35 million in Q3FY26. Annual revenue for FY26 was Rs 6,342.33 million, marking an 8.61% YoY growth compared to Rs 5,839.51 million in FY25. Total Income: Total income for Q4FY26 was Rs 1,707.41 million, up 10.77% YoY against Rs 1,541.45 million in Q4FY25, and an increase of 3.06% QoQ from Rs 1,656.74 million in Q3FY26. The total income for FY26 reached Rs 6,457.49 million, up 8.37% YoY from Rs 5,959.00 million in FY25. Profit for the Period (Net Profit): In Q4FY26, net profit grew by 6.08% YoY to Rs 210.99 million compared to Rs 198.90 million in Q4FY25, and recorded a QoQ rise of 1.99% from Rs 206.88 million in Q3FY26. For the full year FY26, the net profit surged by 18.68% YoY to Rs 826.53 million against Rs 696.43 million in FY25. Standalone Financial Highlights: Revenue from Operations: Q4FY26 revenue was Rs 1,663.54 million, registering a YoY increase of 11.92% from Rs 1,486.42 million in Q4FY25, and reflecting a 3.04% QoQ growth from Rs 1,614.48 million in Q3FY26. Annual revenue for FY26 increased by 8.18% YoY to Rs 6,301.85 million from Rs 5,825.59 million in FY25. Total Income: Total income for Q4FY26 grew by 10.57% YoY to Rs 1,695.53 million against Rs 1,533.51 million in Q4FY25, while growing 3.33% QoQ from Rs 1,640.87 million in Q3FY26. For FY26, total income increased by 7.88% YoY to Rs 6,417.01 million compared to Rs 5,948.23 million in FY25. Profit for the Period (Net Profit): Q4FY26 net profit jumped by 10.62% YoY to Rs 215.18 million from Rs 194.52 million in Q4FY25, alongside a 4.87% QoQ rise from Rs 205.18 million in Q3FY26. Annual profit for FY26 stood at Rs 837.53 million, a strong 18.33% increase from Rs 707.78 million in FY25. Business Highlights: Dividend: The Board of Directors recommended a dividend of Rs 3/- per equity share of face value of Rs 5/- each for FY26 (i.e., 60%), subject to the approval of shareholders in the ensuing Annual General Meeting. IPO Update: During the year, the equity shares of the Company were listed on the stock exchanges pursuant to an Initial Public Offering (IPO) consisting entirely of an offer for sale by the existing shareholders. No funds were raised by the Company by way of a fresh issue of equity shares. Employee Stock Option Scheme: The Board approved the formulation, adoption, and implementation of the "Studds Accessories Limited Employee Stock Option Scheme 2026" (Studds ESOP Scheme 2026). The maximum number of options to be granted will not exceed 0.75% of the post-issued equity share capital, exercisable into not more than 2,97,381 fully paid-up equity shares. Leadership & Organizational Restructuring: Due to increasing geographic reach and business complexity, the Board undertook a strategic organizational restructuring. Mr. Manish Mehta will step down from the position of Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) effective July 1, 2026, transitioning to a new role as Vice President - Taxation & Compliance. Subsequently, Mr. Bharat Goyal has been appointed as the new CFO and KMP of the Company, effective July 1, 2026. Subsidiary Investment: During the year, the Company made further investments in its wholly-owned subsidiary, Bikerz US Inc., by subscribing to 619 shares for an aggregate consideration of Rs 17.45 million. Segment Performance: The Group operates in a single reportable business segment, i.e., manufacture and sale of helmets and accessories. Therefore, separate segment-wise information has not been presented. Sidhartha Bhushan Khurana, Managing Director’s Desk: “We are pleased to report a strong performance for FY26, with revenue growing by 8.6% YoY to Rs 634 crore, EBITDA increasing by 16.4% YoY to Rs 122.2 crore with EBITDA margins improving to 19.3%, and PAT rising by 18.7% YoY to Rs 82.7 crore. The year was marked by healthy growth across both domestic and export markets, supported by an improved product mix, premiumisation initiatives, operational efficiencies, and strong brand acceptance across segments. While raw material prices have been witnessing an upward trend since March, there are currently no challenges with sourcing or availability of key inputs. To safeguard against rising input costs, we have implemented calibrated price hikes across our por?olio and distribution channels, averaging around 8–9%. We are also pleased to share that we are currently in the process of onboarding the globally recognised premium riding gear, helmet and motorsports brand Alpinestars under our private-label helmet segment. On the expansion front, we continue to make steady progress in establishing our presence in Europe, particularly in Italy, with operations expected to commence from Q2FY27. Simultaneously, our Phase-I capacity expansion of 1.5 million helmets per annum is progressing as planned and is expected to commence operations by Q2FY27. Further, an additional 1.5 mn helmets are planned for capacity expansion over the next 15–18 months. Post completion of these expansions, our total installed capacity will increase by 30% over FY26 levels to 12.5 mn helmets per annum. With enhanced capacities and a deeper focus on premium and value-added products, we remain confident of driving the company’s next phase of growth through strengthened global brand positioning, expansion of our international footprint, and continued premiumisation-led sustainable growth.” Result PDF