Studds Accessories posts ₹630 cr revenue in routine FY26 results
The company confirms FY26 revenue of ₹630 crore and profit of ₹83.8 crore, alongside a dividend payout of ₹3 per share.
— 3 earlier stories on Studds Accessories Ltd. →What's new
- Annual audit confirms FY26 revenue at ₹630 cr and PAT at ₹83.8 cr.
- Board approved a ₹3 per share dividend and a 0.75% equity dilution via ESOP.
- Bharat Goyal replaces Manish Mehta as CFO effective July 1, 2026.
Why this matters
This filing is a procedural formality. The financial results and management changes were both disclosed in previous board meeting outcomes, leaving no material news for the market to digest.
What we're watching
- Execution of the CFO transition in July.
- Payout timeline for the declared ₹3 per share dividend.
- Market reaction to the minor ESOP-driven equity dilution.
The full read
Studds Accessories has finalized its FY2026 audit, posting revenue of ₹630 crore and a profit after tax of ₹83.8 crore. The board also signed off on a dividend of ₹3 per share, representing a 60% payout. These figures, along with a minor 0.75% equity dilution plan through an ESOP scheme, match previous disclosures.
Everything here was expected.
Investors should anticipate a leadership shift in the finance department as well, as Bharat Goyal takes over the CFO role from Manish Mehta on July 1, 2026. Because this filing adds no new information beyond what was shared following the board's earlier meeting, it is essentially a standard compliance document marking the end of the year.
Questions answered
- What are the key financial figures for FY26?
- Studds Accessories reported annual revenue of ₹630 crore and a profit after tax of ₹83.8 crore.
- What dividend did the board recommend?
- The board recommended a dividend of ₹3 per share.
- Are there any management changes?
- Yes, CFO Manish Mehta is stepping down. Bharat Goyal will take over the role starting July 1, 2026.
- How will the ESOP scheme affect shareholding?
- The approved ESOP scheme will result in a 0.75% dilution of existing equity.
Story so far
All notes on STUDDS →- 23 May 2026 · 10:31 PM IST Studds Accessories posts ₹630 cr revenue in routine FY26 results
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