Results Snapshot
Figures in Cr
Consolidate Annual Results
Mar'26
Mar'25
Mar'24
Mar'23
Net Sales
634.23
583.95
529.02
499.17
Other Operating Income
0.00
0.00
0.00
0.00
Total Operating income
634.23
583.95
529.02
499.17
Raw Material Cost
278.05
262.17
242.98
258.92
Purchase of Finished goods
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
-22.59
-6.46
-4.40
2.83
Employee Cost
65.25
62.58
70.86
65.35
Power Cost
0.00
0.00
0.00
0.00
Manufacturing Expenses
0.01
0.00
0.00
0.00
Selling and Distribution Expenses
0.00
0.00
0.00
0.00
Other Expenses
191.32
160.69
129.39
112.02
Total Expenditure (Excl Depreciation)
512.04
478.98
438.83
439.12
Operating Profit (PBDIT) excl Other Income
122.19
104.97
90.19
60.05
Other Income
11.52
11.95
6.82
7.31
Operating Profit (PBDIT)
133.71
116.92
97.01
67.36
Interest
0.91
1.22
1.61
2.82
Exceptional Items
0.00
0.00
0.00
0.00
Gross Profit (PBDT)
132.80
115.70
95.40
64.54
Depreciation
21.18
20.67
19.03
18.10
Profit Before Tax
111.62
95.03
76.37
46.44
Tax
28.97
25.39
19.15
13.29
Provisions and contingencies
0.00
0.00
0.00
0.00
Profit After Tax
82.65
69.64
57.23
33.15
Extraordinary Items
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
Net Profit
82.65
69.64
57.23
33.15
Share in Profit of Associates
0.00
0.00
0.00
0.00
Minority Interest
0.00
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
0.00
Consolidated Net Profit
82.65
69.64
57.23
33.15
Equity Capital
19.68
19.68
9.84
9.84
Face Value
5.0
5.0
5.0
5.0
Reserves
503.29
429.80
377.57
328.18
Earnings per share (EPS)
21.0
17.69
29.08
16.84
Diluted Earnings per share
21.0
17.69
29.13
16.79
Operating Profit Margin (Excl OI)
19.27%
17.98%
17.05%
12.03%
Gross Profit Margin
20.94%
19.81%
18.03%
12.93%
PAT Margin
13.03%
11.93%
10.82%
6.64%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Mar 2026 is 8.61% vs 10.38% in Mar 2025
Consolidate Net Profit
YoY Growth in year ended Mar 2026 is 18.68% vs 21.68% in Mar 2025
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Mar 2026 is 16.40% vs 16.39% in Mar 2025
Interest
YoY Growth in year ended Mar 2026 is -25.41% vs -24.22% in Mar 2025
Operating Profit Margin (Excl OI)
YoY Growth in year ended Mar 2026 has improved from Mar 2025
Compare Annual Results Of Studds Accessor. With
Figures in Cr
Consolidate Annual Results
Change(INR)
Change(%)
Net Sales
634.23
2,510.28
-1,876.05
-74.73%
Other Operating Income
0.00
0.00
0.00
Total Operating income
634.23
2,510.28
-1,876.05
-74.73%
Raw Material Cost
278.05
715.53
-437.48
-61.14%
Purchase of Finished goods
0.00
717.98
-717.98
-100.00%
(Increase) / Decrease In Stocks
-22.59
-61.46
38.87
63.24%
Employee Cost
65.25
406.19
-340.94
-83.94%
Power Cost
0.00
94.22
-94.22
-100.00%
Manufacturing Expenses
0.01
0.00
0.01
Selling and Distribution Expenses
0.00
0.00
0.00
Other Expenses
191.32
440.25
-248.93
-56.54%
Total Expenditure (Excl Depreciation)
512.04
2,312.71
-1,800.67
-77.86%
Operating Profit (PBDIT) excl Other Income
122.19
197.57
-75.38
-38.15%
Other Income
11.52
34.95
-23.43
-67.04%
Operating Profit (PBDIT)
133.71
232.52
-98.81
-42.50%
Interest
0.91
70.40
-69.49
-98.71%
Exceptional Items
0.00
-52.52
52.52
100.00%
Gross Profit (PBDT)
132.80
109.54
23.26
21.23%
Depreciation
21.18
117.49
-96.31
-81.97%
Profit Before Tax
111.62
-7.95
119.57
1,504.03%
Tax
28.97
-4.20
33.17
789.76%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
82.65
-3.75
86.40
2,304.00%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
Other Adjustments
0.00
0.06
-0.06
-100.00%
Net Profit
82.65
-3.69
86.34
2,339.84%
Share in Profit of Associates
0.00
-35.56
35.56
100.00%
Minority Interest
0.00
-0.43
0.43
100.00%
Other related items
0.00
0.00
0.00
Consolidated Net Profit
82.65
-39.68
122.33
308.29%
Equity Capital
19.68
16.73
2.95
17.63%
Face Value
5.00
2.00
0.00
Reserves
503.29
720.16
-216.87
-30.11%
Earnings per share (EPS)
21.00
-4.74
25.74
543.04%
Diluted Earnings per share
21.00
-4.74
25.74
543.04%
Operating Profit Margin (Excl OI)
19.27%
7.87%
0.00
11.40%
Gross Profit Margin
20.94%
4.36%
0.00
16.58%
PAT Margin
13.03%
-0.15%
0.00
13.18%
Public Share Holdings (%)
0.00%
0.00%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0.00%
0.00
0.00%
Annual - Net Sales
Net Sales 634.23 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 8.61% vs 10.38% in Mar 2025
Annual - Consolidate Net Profit
Consolidate Net Profit 82.65 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 18.68% vs 21.68% in Mar 2025
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 122.19 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 16.40% vs 16.39% in Mar 2025
Annual - Interest
Interest 0.91 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is -25.41% vs -24.22% in Mar 2025
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 19.27%
in Mar 2026Figures in %
YoY Growth in year ended Mar 2026 has improved from Mar 2025






