Studds Accessories Limited Unlisted Shares
About The Company
Strong
Market Position
Consistent
YoY Growth
Experienced
Management
Key Indicators
A snapshot of Studds Accessories Limited Unlisted Shares's financial health, valuation multiples and capital efficiency at a glance.
Pricing Trends
Financial Performance
| Indicators | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 595.9 | 535.8 | 506.5 | 468.0 | 484.2 | 436.9 | 397.3 | 341.8 |
| Expense | 479.0 | 437.9 | 439.1 | 408.3 | 369.1 | 333.3 | 323.8 | 284.2 |
| EBITDA | 116.9 | 97.9 | 67.3 | 59.7 | 115.1 | 103.6 | 73.4 | 57.6 |
| Other Cost | 21.9 | 21.6 | 20.9 | 19.7 | 16.8 | 8.2 | 6.2 | 6.1 |
| PBT | 95.0 | 76.3 | 46.4 | 40.0 | 98.3 | 95.4 | 67.2 | 51.5 |
| Tax Expense | 25.4 | 19.1 | 13.3 | 11.4 | 24.3 | 20.9 | 26.0 | 18.6 |
| PAT | 69.6 | 57.2 | 33.2 | 28.6 | 74.0 | 74.5 | 41.2 | 32.9 |
| Other Inc./Exp. | 0.1 | 0.1 | -0.1 | 0.0 | -0.1 | 0.1 | -0.7 | 0.0 |
| Net Income | 69.7 | 57.3 | 33.0 | 28.6 | 73.9 | 74.6 | 40.5 | 32.8 |
| Shares O/S | 3.94 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| EPS (₹) | 17.70 | 29.10 | 16.80 | 14.50 | 37.60 | 37.80 | 20.90 | 16.70 |
| Rev. Growth % | 11.2% | 5.8% | 8.2% | -3.3% | 10.8% | 10.0% | 16.2% | — |
| EBITDA Mgn % | 19.6% | 18.3% | 13.3% | 12.8% | 23.8% | 23.7% | 18.5% | 16.9% |
| Net Mgn % | 11.7% | 10.7% | 6.5% | 6.1% | 15.3% | 17.1% | 10.2% | 9.6% |
| EPS Growth | -39.2% | 73.2% | 15.9% | -61.4% | -0.5% | 80.9% | 25.1% | — |
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About Studds Accessories unlisted shares
Established in 1972, Studds Accessories' journey to manufacturing 7 million helmets and other two-wheeler accessories per year initially started from a garage. Studds Accessories is the world's largest two-wheeler helmet and accessories (spare visors, jackets, rainwear). The company grew from selling 58 lakh helmets in 2019 to 66 lakh in 2020 and 1.2 crores in 2021. The incredible growth rate of the company is sufficient to define the growing demand for Studds Accessories unlisted shares.
Studds Accessories is also the first laboratory in India to be certified by the European Safety Agency. The brand is known for using the best technologies to produce certified products. Studds Accessories holds a market share of 25% in India and is an organised player in the unlisted share market.
Who is the CEO of Studds?
The CEO of STUDDS Accessories Ltd. is Madhu Bhushan Khurana, who also serves as the Chairman and Managing Director. He has been leading the company since its inception and has played a crucial role in establishing STUDDS as a prominent manufacturer of helmets and motorcycle accessories in India, focusing on quality, innovation, and safety in the two-wheeler market.
Studds Accessories unlisted share price overview

From January 2023 Mid 2023, the Studds unlisted share price drops from ₹600 to ₹400, showing a downtrend with a steady fall.
· In mid-2023 to 2023, there were Stabilisation & Recovery Attempts with small upward movements, possibly due to early signs of improved performance.
· In Late 2023 -Early 2024, there was a spike to ₹500, but followed by a pullback
· In late 2024 -Early 2025, there was a Big jump from ₹480 to ₹700, the most significant move on the chart.
· From 2025 Onwards, Studds accessories unlisted share price stabilises around ₹650–₹700 with minor fluctuations. Investors might be waiting for interim information.
With a market capitalisation of ₹ 12805.2 million, Studds Accessories unlisted shares are bound to be in demand, so they are. Studds Accessories' unlisted share price is at ₹ 630 and has a face value of ₹ 5 per equity share.
Though market capitalisation is one of the prime reasons for the success of Studds Accessories' unlisted share price, the demand for helmets is another reason for giving heed to Studds Accessories' unlisted shares. It is anticipated that the demand for helmets (the prime vertical of revenue generation for Studds) will grow at a double-digit rate.
Latest Financial Performance of Studds
Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
Total Income | 584 cr | 529 cr | 499 cr | 463 cr |
EBITDA | 105 cr | 90 cr | 60 cr | 55 cr |
Net Income | 70 cr | 57 cr | 33 cr | 29 cr |
EPS | 14.8 cr | 29 cr | 17 cr | 15cr |
Revenue Growth:
Gross revenue grew 10% in FY 2024-25 compared to FY 2023-24 (Rs 584 cr vs. Rs 529 cr). From FY 2021-22 to FY 2024-25, revenue increased by 26%. This steady growth signals resilience and may attract more investor interest, potentially boosting Studds share price.
EBITDA Growth:
EBITDA rose 17% in FY 2024-25 compared to FY 2023-24 (Rs 105 cr vs. Rs 90 cr). Over the three years (FY 2021-22 to FY 2024-25), EBITDA grew by 91%, highlighting strong operational efficiency and cost management. Such improvement could positively influence the Studds Unlisted share price.
Net income increased 23% in FY 2024-25 compared to FY 2023-24 (Rs 70 cr vs. Rs 57 cr). From FY 2021-22 to FY 2024-25, net income has more than doubled (141% growth), showing consistent profitability gains. Rising net income is often a key driver for higher investor demand, which may push the Studds Accessories share price upward.
EPS Growth:
EPS dropped in FY 2024-25 to 14.8 compared to 29 in FY 2023-24, reflecting a 49% decline year-on-year. However, compared to FY 2021-22 (EPS of 15), the EPS is roughly flat. This is diluted numbers because of the bonus shares issue.
What is the profit of Studds company?
Net income rose 23% in FY 2024-25, reaching Rs 70 cr compared to Rs 57 cr in FY 2023-24. Over the three years from FY 2021-22 to FY 2024-25, PAT has more than doubled (141% growth), reflecting consistent profitability expansion.
EPS stood at 14.8 in FY 2024-25, down from 29 in FY 2023-24, reflecting a 49% decline YoY. Compared to FY 2021-22 (EPS 15).
What is the net worth of Studds?
The networth of studds in the period ending on 31st March 2025 was Rs 4504 million, which is 16% more than networth inthe period ending 31st March 2024 ( Rs 3874 million). Today, the market cap of Studds is Rs 1280 crores. All these figures indicate a strong growth prospect of studds share price.
If you want to make profits, keep tabs on Studds Accessories company share price.
What is the record date for the Studds share bonus?
Studds Accessories Limited, in its Board Meeting held on December 24, 2024, has fixed Friday, January 10, 2025, as the “Record Date” to determine the eligibility of members entitled to Bonus Equity Shares in the proportion of 1:1.
Why buy Studds Accessories unlisted shares?
Several reasons are contributing to investment in Studds Accessories unlisted shares. With Rs 5825 million in revenue in the fiscal year 2024-25 andRs 4504 million net worth for the same duration, both revenue and net worth are stunning reasons to put your money on Studds Accessories unlisted shares. Moreover, per the Motor Vehicle Act, every two-wheeler rider must wear a helmet. This further confirms that the company is expecting an even better growth rate soon.

Apart from these, Studds Accessories is currently experiencing a net profit margin of 11.99%. According to the experts, now will be the ideal time to invest in Studds Accessories unlisted shares and secure maximum benefits.
Future Trends of Studds Accessories Limited
Studds Accessories Limited has expanded its business to 50 countries and is highly dominant in the global market expansion. As per the market insights about Studds, the estimated industry’s market size is to reach $735.1 million in 2023 and is forecasted to grow at a CAGR (Compound annual growth rate) of 2.4%. It might get expanded to $869.6 million by 2028 if the market shows favorable trends.
The sharp rise in the demand for electric vehicles accelerated the market growth of Studds Accessories Limited. In Calander Year 2024, the company sold almost 7 million units of Helmets in India, which was a 400% growth from FY 2021.
Moving towards Studds's unlisted share price, it has gone through a subsequent downfall due to the market's supply and demand factors in the past few months. Currently, Studds unlisted share price is Rs. 630 per share (August 25). Looking at the growth prospects and global market action plan, there is a high possibility for a scale-up Studds share price.
For 31st March 2025, Studds recorded the revenue from operations at 5,825.59 million, while the EBITDA was Rs 1,179.38 Million . Also, the PAT was recorded at 707.76 million with an EPS of 17.98.
The upcoming launches by Studds Accessories Limited comprises ALLTERRA_X_THROTTLE, DRIFTER-WITH-SPOILER, TROOPER, URBAN DAME, VOGUE MATT BLUE, & TCR291N_TOPBOX. It will unlock new doors of growth and expansion in upcoming years.
How to apply for Studds Accessories unlisted shares online?
If the incredible growth of Studds Accessories unlisted shares has lured you to invest in the share, halt your search for a broker with Stockify. We have a regularly updated list of key indicators, revenue growth, EPS growth, profit & loss summary, etc. Our experts are here to analyse and compare the indicators and help you allocate your budget. To apply for Studds Accessories unlisted shares, you must visit Stockify; spot Studds Accessories unlisted shares, and hit buy!
Check Studds Accessories unlisted share price today at Stockify
Stockify is the best place if you want to be regularly updated on the Studds Accessories unlisted shares price, key indicators, EBITDA rate, profit and loss summary and the company's balance sheet. We keep a close tab on market trends and update our data immediately per the market's fluctuations. Our core belief is profit for all and, thus, focus on the timely updating of data. You can check the Studds Accessories unlisted shares price India with us. The Studds Accessories share price today is marketed at Rs 630 per share.
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