login
Current Deals

company details

STUDDS ACCESSORIES LTD

  • https://www.studds.com/
  • Sector: Auto Ancillary
  • CHRYSEUM SCORE: 7.00/10.00
    ×

    STUDDS ACCESSORIES LTD

    • Sector: Auto Ancillary
    • CHRYSEUM SCORE: 7.00/10.00

    Description: Incepted in 1983, STUDDS Accessories Limited is the leading manufacturer of helmets and motorcycle accessories in India and all over the world. STUDDS offers a wide range of two-wheeler helmets and accessories and has a presence in more than 50 countries across the globe including Europe, Asia, Latin America and the Middle East.

    Evaluation is basis the latest financial year disclosures filed by the company

    Valuation

    Max Score: 3.50

    P/E of Company

    31.28

    AVG P/E of Key Peer/s

    32.97

    Valuation Score

    2.50

    The Valuation Score depicts if the company is available at a discount when compared to its listed/unlisted peers. Higher the discount, more is the score given to the company.

    Growth

    Max Score: 3.50

    Sales Growth

    8.47%

    PAT Growth

    -8.21%

    ROE

    14.77%

    Growth Score

    1.50

    The Growth Score accounts for the growth in Sales and PAT on a 3 year CAGR basis and the Company’s ROE as per the latest financial year results released by the company.

    Leverage

    Max Score: 1.50

    Debt / Equity

    0.00

    AVG Industry Debt / Equity

    0.61

    Leverage Score

    3.00

    Lower the Debt/Equity, higher the score.

    Management Quality

    Max Score: 1.50

    Board Structure & Composition

    1.00

    Related Party Transactions

    1.00

    Timely Disclosure

    1.00

    Management Score

    1.50

    This score represents a consolidated view of the Company’s Management Quality, which includes Board Structure, Related Party Transactions and Timely disclosures. Each parameter is scored out of 1.

₹970.00 35 (3.74%)

As on 13 Sep, 2024
L 765.00 52 Week Range H 1000.00
Company Description : Studds Accessories Ltd. is one of the leading manufacturers and exporters of Helmets & two wheeler accessories in India
Company Overview
  • Name of Company STUDDS ACCESSORIES LTD
  • Sector Auto Ancillary
  • ISIN INE00Q601028
  • Scrip Code STUDDS
  • CIN U25208HR1983PLC015135
  • Pan No AACCS4217Q
  • Face Value 5
  • Price ₹ 970.00
  • No. of Shares outstanding 1.97 Cr.
  • Market Cap ₹ 1,908.64 Cr
Financials
  • Revenue from operations ₹ 529.02 Cr.
  • EBITDA ₹ 97.02 Cr.
  • EBITDA Margin % 18.34%
  • Profit After Tax ₹ 57.23 Cr.
  • PAT Margin % 10.68%
  • EPS 29.09
  • Stock P/E 33.34
  • Book Value Per Share 196.89
  • P/B 4.93
  • Debt/Equity 0.00
Other Key Statistics
  • 52 week High/Low 1000.00/765.00
  • Dividend Per Share 4.00
  • Dividend Yield 0.00
  • Sales Growth - 3 years 8.47%
  • EBITDA Growth - 3 years -5.54%
  • PAT Growth - 3 years -8.21%
  • EPS Growth - 3 years -8.21%
  • ROE 14.77%
  • ROCE 18.66%
  • Cash Equivalents 58.55
All figures below are in INR Crores unless otherwise stated

Peer Comparison

Key Financials - FY24
Company Name Studds Accessories Ltd Sandhar Technologies Ltd
Listing Status Unlisted Listed
Revenue from Operations 529.02 3,521.11
Total Income 535.84 3,531.90
Finance Cost 1.61 51.52
Depreciation & Amortization 19.03 153.62
Total Expenses 459.46 3,385.64
EBITDA 97.02 351.40
PAT 57.23 110.26
No. of Shares Outstanding 1.97 6.02
EPS (in ₹) 29.09 18.32
Share Capital 9.84 60.19
Total Net Worth 387.41 1,016.59
Total Assets 485.56 2,427.25
Total Debt 0.60 624.68
Key Metrics:
CMP* 970.00 601.20
Market Cap (In Cr.) 1,908.64 3,619.22
Market Cap/Sales 3.56 1.02
EPS (Earnings Per Share) 29.09 18.32
BVPS (Book Value Per Share) 196.89 168.89
P/E 33.34 32.82
P/BV 4.93 3.56
EBITDA Margin 18.34% 9.98%
ROE 14.77% 10.85%
ROA 11.79% 4.54%
*Market Price in ₹ as on 13 Sep, 2024

Profit Loss

FY24 FY23 FY22 FY21 FY20
Revenue from operations 529.02 499.17 462.50 479.62 414.52
Y-o-Y Revenue Growth 5.98% 7.93% -3.57% 15.70% 6.55%
Other Income 6.82 7.31 5.48 4.60 5.71
Total Income 535.84 506.48 467.98 484.22 420.23
Total Expenses (Excludes Interest and Depreciation) 438.82 439.12 408.28 369.11 316.59
Operating Profit (After deducting Depreciation) 71.17 41.95 37.59 97.16 90.65
OPM % 13.45 8.40 8.13 20.26 21.87
EBITDA 97.02 67.36 59.70 115.11 103.64
Depreciation 19.03 18.10 16.63 13.35 7.28
EBIT 77.99 49.26 43.07 101.76 96.36
Interest 1.61 2.82 3.05 3.46 0.91
EBT before Exceptional Items 76.38 46.44 40.02 98.30 95.45
Prior period/Exceptional /Extra Ordinary Items 0.00 0.00 0.00 0.00 0.00
Profit before tax/EBT 76.38 46.44 40.02 98.30 95.45
Tax 19.15 13.29 11.38 24.30 20.89
Net Profit 57.23 33.15 28.64 74.00 74.56
Profit (loss) of minority interest 0.00 0.00 0.00 0.00 0.00
Total profit (loss) for period 57.23 33.15 28.64 74.00 74.56
EPS in Rs 29.09 16.85 14.56 37.61 37.89
EPS Change % 72.64% 15.75% -61.30% -0.74% 81.12%
EBITDA Change % 44.03% 12.83% -48.14% 11.07% 41.20%
Profit growth 72.64% 15.75% -61.30% -0.75% 81.10%
ROCE 18.66% 12.94% 11.95% 31.39% 36.57%
ROE 14.77% 9.81% 9.21% 25.51% 34.50%
Debt / Equity Ratio 0.00 0.09 0.14 0.10 0.18
Sales growth 3Years 8.47%
Sales growth 5Years 6.34%
Dividend per share 4.00 4.00 3.00

Balance Sheet

FY24 FY23 FY22 FY21 FY20
Share Capital 9.84 9.84 9.84 9.84 9.84
Reserves 377.57 328.18 301.05 280.24 206.29
Total shareholders' funds 387.41 338.02 310.89 290.08 216.13
Borrowings 0.60 30.58 43.67 27.72 39.93
Other Liabilities 33.77 38.95 43.51 38.65 46.78
Total Liabilities 98.16 123.05 144.60 144.53 131.36
Fixed Assets 328.17 308.22 307.03 265.05 155.47
Capital WIP 9.95 10.21 10.24 5.54 83.81
Investments 0.00 0.00 0.00 0.00 0.00
Other Assets 38.34 41.79 43.32 26.81 14.82
Total Assets 485.56 461.07 455.49 434.61 347.49
Cash Equivalents 58.55 29.72 19.04 76.22 52.09
Total Current liability 67.63 80.42 95.22 110.45 84.00
Total Assets -Total Current liabilty 417.93 380.65 360.27 324.16 263.49

Cash Flow

FY24 FY23 FY22 FY21 FY20
Net Cash from / (used in) Operating Activity 96.50 28.25 11.53 73.94 62.19
Net Cash from / (used in) Investing Activity -53.53 0.89 -39.88 -34.48 -24.44
Net Cash from / (used in) Financing Activity 32.27 -23.31 3.21 -17.32 -25.86
Net Inc/Dec In Cash And Cash Equivalents 10.70 5.83 -25.14 22.15 11.90

Share Holding Pattern

No. of Shares in Crs. % Holding
Promoters 1.37 69.69%
Non Promoters 0.60 30.31%

News

© 2022 Chryseum Advisors LLP. All rights reserved. LLPIN – AAD-0626

+91 98925 31672 | info@chryseum.in

For latest updates

Linkedin-in