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COMPANY NAME Studds Accessories Ltd..
NATURE OF BUSINESS HELMETS MANUFACTURER
ISIN NO INE00Q601028
FACE VALUE Rs.5/-
PROMOTERS MADHU BHUSHAN KHURANA & CHANDA KHURANA
COMPANY WEBSITE www.studds.com
YEAR OF EASTBLISHMENT 1983
REGISTERED ADDRESS Plot no. 918, Sector 68, IMT, Faridabad, Haryana – 121004 (INDIA) .


BOARD OF DIRECTORS

Mr. Madhu Bhushan Khurana (Chairman & Managing Director)
Mr. Sidhartha Khurana( Managing Director)
Mr. Shanker Choudhry (Independent Director)
Ms. Pallavi Saluja (Independent Director)

Studds Accessories Ltd is a world-renowned manufacturer of helmets. It has come a long way since its inception in the early 1980s, when it manufactured its first helmet in the garage. Today, Studds produces more than 6 million helmets annually.

Studds has one wholly owned subsidiary, SMK Europe Unipessoal LDA, based in Portugal.

According to the new government norms, only helmets that have been certified by the BIS (Bureau of Indian Standards) will be made and sold in India. This should benefit Studds most since his company is one of the few manufacturers that has received this certification.

The demand for helmets is projected to grow at a double-digit rate over the next few years as traffic norms become stricter and organized players increase their market share, while sales of premium vehicles are also on the rise.

The company anticipates strong future demand, and has invested Rs. 200 crore under the government’s ‘Make in India’ scheme to increase its manufacturing capacity from present 7 million to 14 million.

The Studds manufacturing plants are fully automated and equipped with a variety of molding, visor coating, paint shops, packaging and warehousing units. This makes the Studds manufacturing plants some of the largest in Asia.

Financial Analysis ( ALL IN CR )

PARTICULARS 2021-22 2020-21 2019-20
REVENUE 462.51 479.62 414.52
TOTAL INCOME 467.98 484.21 420.23
EPS 14.55 37.61 37.88

ANNUAL REPORT

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