Studds Accessories Limited reports Q1 FY26 results; outlines further investments in European and US subsidiaries
Studds Accessories Limited has released its unaudited financial results for the quarter ended June 30, 2026. The Company's consolidated performance and standalone figures were reported alongside details of planned further capital injections into two wholly owned subsidiaries: SMK Helmets Europe SRL and Bikerz US Inc.The Q1 results reflect significant revenue streams across both the parent company and its international entities.
Quarterly Financial Highlights (Q1 FY 2026)
A summary of the unaudited standalone and consolidated financial performance for the quarter ended June 30, 2026 is presented below.| Metric | Standalone Results (Rs. in millions) | Consolidated Results (Rs. in millions) |
|---|---|---|
| Total Income | 1,701.87 | 1,729.20 |
| Profit before tax | 178.06 | 171.96 |
| Net Profit for the period | 132.52 | 122.97 |
| EPS (Basic/Diluted) | 3.37 | 3.12 |
Strategic Investments in Subsidiaries
The Board of Directors approved plans for further capital investment into two wholly owned subsidiaries, strengthening the Company’s distribution network internationally.Investment in SMK Helmets Europe SRL
Studds Accessories Limited intends to make a further investment in SMK Helmets Europe SRL, which is a wholly owned subsidiary (WOS) and was incorporated on May 22, 2026, in Italy. The proposed capital infusion amounts up to EUR 10,00,000.The investment aims to support future business expansion plans for SMK Helmets Europe SRL, enhancing the Company’s distribution network across Europe. The principal business activity of the subsidiary is the importation, distribution, and sales of Studds Accessories Limited products in Europe. This entity is a related party, with Mr. Sidhartha Bhushan Khurana serving as Director.
Key details regarding SMK Helmets Europe SRL:
| Particulars | Details |
|---|---|
| Incorporation Date | May 22, 2026 (Italy) |
| Nature of Business | Importation, distribution and sales of products in Europe |
| Total Consideration for Investment | Up to EUR 10,00,000 |
| Indicative Completion Period | On or before March 31, 2027 |
Investment in Bikerz US Inc.
Further investment is also planned for Bikerz US Inc., another WOS incorporated on September 20, 2021, under the laws of Delaware. The Company intends to invest USD 99,936 into Bikerz US Inc.This strategic move supports future business expansion plans in the United States and strengthens the distribution network within the USA market. Bikerz US Inc.’s main activity involves the importation, distribution, and sale of SMK Helmets and accessories throughout the United States of America. Ms. Shilpa Arora serves as President, CEO, Secretary, and Director of Bikerz US Inc.
Financial standing details for Bikerz US Inc.:
| Metric | Pre-Investment Status |
|---|---|
| Authorized Capital | 5,000 common stocks of USD 0.001 each (USD 5) |
| Issued and Paid up Capital | 1,619 common stocks of USD 0.001 each (USD 1.62) |
| Turnover for FY 2025-26 | INR 8.77 (in Crore) |
The investment in Bikerz US Inc. is scheduled for completion on or before September 30, 2026.
STUDDS Stock Price Movement
On Friday, shares of Studds Accessories Limited slipped by 1.49%, closing at ₹438.75 after shedding ₹6.65 per share. The company recorded a total traded volume of 66,634 shares during the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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