Studds Accessories Limited — PPTs, 08-08-2026: Investor Presentation

Here's a summary of Studds Accessories Ltd.'s Q1 FY27 performance:

**1. Business Performance:**

Revenue grew by a healthy 13.7% YoY to ₹169.7 Cr, driven by stable demand. However, profitability faced pressure due to elevated raw material costs, impacting EBITDA margins to 11.5%.

**2. Growth Drivers or Strategy:**

The company is focused on strengthening capacity with a new helmet line expansion expected by October 2026. Strategic partnerships, like the one with Decathlon, are being pursued to enhance presence in the organized segment. International expansion into Italy is also on track.

**3. Recent Developments:**

No specific product launches or customer wins were detailed in this section.

**4. Key Financial Metrics:**

* Revenue: ₹169.7 Cr (up 13.7% YoY)

* EBITDA: ₹19.6 Cr (down 35.5% YoY)

* PAT: ₹12.3 Cr (down 39.3% YoY)

**5. Management Commentary / Outlook:**

Management expects margin recovery as raw material prices moderate and pricing actions take full effect in Q2 FY27. EBITDA margins are projected to improve to 14-15% in Q2 FY27 and 18-20% by Q4 FY27. The company remains optimistic about sustainable growth and improving profitability.