How did Studds perform in FY26?

The company recorded revenue of **₹630.2 crore**, up **8.2%**, and profit after tax of **₹83.8 crore**, a **18.3%** increase.

Bharat Goyal will take over as CFO effective July 1, 2026, succeeding Manish Mehta.

Are there any new equity plans?

The board approved an ESOP scheme that will result in a **0.75%** dilution of equity.

Earnings · Auto Components

Studds Accessories grows profit 18% to ₹83.8 cr in FY26

Q: What is the dividend payout?

The board recommended a dividend of **₹3** per share.

The helmet manufacturer reported revenue of ₹630.2 crore and a dividend of ₹3 per share. A planned CFO transition is set for July 1, 2026.

— 3 earlier stories on Studds Accessories Ltd. →

STUDDS BSE 544599 23 May 2026 · 9:58 PM IST Verify on BSE · NSE

Mkt cap₹1,761 cr

P/E25.30×

ROE15.49%

Debt / eq.0.01

Div yld0.56%

₹83.8 cr Profit after tax for FY26, an 18.3% increase.

What's new

Revenue grew 8.2% to ₹630.2 crore for FY26.
Bharat Goyal will replace Manish Mehta as CFO on July 1, 2026.
The board recommended a dividend of ₹3 per share.

Why this matters

These results align with prior guidance, leaving little room for market surprise. The leadership change and ESOP scheme are administrative updates for a company of this size.

What we're watching

Whether the new CFO changes capital allocation.
The impact of the 0.75% ESOP dilution on share count.
Future quarterly performance against the FY26 baseline.

The full read

Studds Accessories grew revenue 8.2% to ₹630.2 crore in FY26, while profit after tax rose 18.3% to ₹83.8 crore. The board recommended a dividend of ₹3 per share.

Routine.

Manish Mehta will step down as CFO, and Bharat Goyal will take the role on July 1, 2026, alongside an ESOP scheme representing 0.75% dilution. Because the market received guidance through quarterly disclosures, these results contain few surprises for investors looking for growth beyond the established trend.

Questions answered

How did Studds perform in FY26?: The company recorded revenue of ₹630.2 crore, up 8.2%, and profit after tax of ₹83.8 crore, a 18.3% increase.
What is the dividend payout?: The board recommended a dividend of ₹3 per share.
Who is the new CFO?: Bharat Goyal will take over as CFO effective July 1, 2026, succeeding Manish Mehta.
Are there any new equity plans?: The board approved an ESOP scheme that will result in a 0.75% dilution of equity.

Mentioned: Studds Accessories · Manish Mehta · Bharat Goyal

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Story so far

All notes on STUDDS →

Today · 9:58 PM IST Studds Accessories grows profit 18% to ₹83.8 cr in FY26
today Studds Accessories confirms FY26 results with no new surprises
today Studds Accessories lands Alpinestars deal, plans 30% capacity hike
1d ago Studds Accessories posts FY26 revenue of ₹630 crore