Studds Accessories Limited announced the outcome of its Board of Directors meeting held on January 31, 2026, where the company approved its Q3FY26 financial results for the quarter ended December 31, 2025. The helmet and accessories manufacturer reported robust operational performance with significant improvements in profitability metrics and revenue growth across both standalone and consolidated operations.

Board Meeting Outcomes and Financial Approval

The Board of Directors meeting, which commenced at 06:15 P.M. (IST) and concluded at 07:30 P.M. (IST), considered and approved the Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended December 31, 2025. The results were reviewed by the Audit Committee and received Limited Review Reports from the company's Statutory Auditors, M/s Rajan Chhabra & Co., Chartered Accountants.

Strong Quarterly Financial Performance

The company delivered impressive standalone results for Q3FY26, with revenue from operations reaching Rs. 1,614.47 million compared to Rs. 1,488.19 million in Q3FY25, representing a solid 8.49% year-over-year growth. Net profit showed strong momentum, increasing by 15.58% to Rs. 205.15 million from Rs. 177.46 million in the corresponding quarter of the previous year.

Enhanced Profitability and Margin Expansion

The company demonstrated exceptional EBITDA performance in Q3FY26, with EBITDA reaching Rs. 307.20 million compared to Rs. 255.80 million in the corresponding quarter last year, representing a robust 20.09% year-over-year growth. The EBITDA margin also showed significant improvement, expanding to 18.84% from 17.17% in Q3FY25, indicating enhanced operational efficiency.

Consolidated Results and Nine-Month Performance

On a consolidated basis, including the wholly-owned subsidiary Bikerz US Inc., the company reported revenue from operations of Rs. 1,630.34 million in Q3FY26 versus Rs. 1,490.00 million in Q3FY25. Consolidated net profit reached Rs. 207.23 million compared to Rs. 164.12 million in the previous year, marking a significant 26.26% year-over-year growth.

For the nine-month period ended December 31, 2025, standalone revenue from operations stood at Rs. 4,638.30 million, up 6.89% from Rs. 4,339.17 million in the corresponding period last year. Net profit for the nine-month period reached Rs. 622.31 million, marking a substantial 21.25% increase from Rs. 513.26 million in the previous year.

Manufacturing Facility Update and Corporate Developments

The Board reviewed an important operational update regarding Manufacturing Facility-V located in Faridabad, Haryana. The commencement of commercial production at this facility has been delayed due to the implementation of GRAP standards as an emergency measure in the Delhi-NCR region to combat severe air pollution. The company now expects commercial production to begin before the end of Q2 FY2027, subject to receipt of requisite approvals and improvement in prevailing conditions.

During Q3FY26, the company successfully completed its initial public offering through an Offer for Sale of 7,786,120 equity shares with a face value of Rs. 5 each at an issue price of Rs. 585 per share. The company's equity shares were listed on BSE Limited and National Stock Exchange of India Limited on November 7, 2025, marking a significant milestone in its corporate journey.

Studds Accessories Limited has announced the cancellation of its scheduled investor and analyst meetings that were planned for January 7, 2026. The company informed both the National Stock Exchange of India and BSE Limited about this development through a regulatory filing under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Cancellation Details

The cancelled meetings were originally scheduled to run from 10:00 AM to 5:00 PM IST on January 7, 2026. The company cited business exigencies as the reason for the last-minute cancellation. This information was communicated to the exchanges on the same day the meetings were supposed to take place.

Regulatory Compliance

The company has fulfilled its disclosure obligations by notifying the stock exchanges about the cancellation. The information has been submitted pursuant to Regulation 30(6) of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015. Additionally, the company has made this information available on its official website at www.studds.com under the Investor Relations section.

Company Communication

The formal communication was signed by Asha Mittal, Company Secretary and Compliance Officer of Studds Accessories Limited. The filing was submitted to both exchanges, with the company trading under the symbol STUDDS on NSE and scrip code 544599 on BSE. The company emphasized that this information is being shared for the benefit of exchange members and the public at large.