Studds’ Business Overview
STUDDS Accessories Limited, a well-known producer of helmets and motorcycle accessories, was founded on February 3rd, 1983. Since then, they have expanded and have evolved to become the largest two-wheeler helmet manufacturer in the world, producing 70 lakh helmets and accessories annually. Their state-of-the-art manufacturing facilities in India are accredited by the European Safety Agency and are set up to create items that are certified. STUDDS has a broad range of products and a significant international footprint across more than 40 nations.
Asia’s largest helmet manufacturing plant, Faridabad, India, where the company is situated, contains four cutting-edge facilities. These factories produce a wide range of two-wheeler safety-related goods, including helmets, motorbike accessories, face masks, face shields, etc.
Business Model
A well-known producer and exporter of face shields, motorcycle accessories, and bicycle and auto helmets is Studds. During FY 2022, the company sold 59 lac helmets. All four of the company’s manufacturing facilities are situated in Faridabad, Haryana. Studds produces a variety of two-wheeler accessories in addition to helmets, including jackets, side boxes, top boxes, gloves, rain suits, and goggles.
In India, Studds has an extensive network of exclusive brand outlets. Currently holding a 26% market share in India, Studds hopes to reach a 40% market share within the next three years.
The sale of helmets generates around 90% of the business’s revenue, with motorcycle accessories accounting for the remaining 10%.
Financial Analysis
The following is Studds’ financial analysis for the past 4 years (2019-2022):
| Particulars (fig. in Cr.) | 2022 | 2021 | 2020 | 2019 |
| Revenue from Operation | 463 | 480 | 415 | 389 |
| Operational Expenses | 403 | 365 | 311 | 316 |
| Operating Profit | 60 | 115 | 104 | 73 |
| Operating Profit Margin (%) | 12.91% | 24.00% | 24.99% | 18.87% |
| Profit After Tax | 29 | 74 | 75 | 41 |
| Net Profit Margin (%) | 6.18% | 15.43% | 18.00% | 10.59% |
Buying Of Studds’ Unlisted Shares
Studds unlisted shares are traded on the over-the-counter market. The shares are traded through brokers or platforms in the market which are experts in finding and placing unlisted shares and can help with trades such as Stocx.in.
Buying Procedure
If you want to buy Studds unlisted shares, you just have to follow a few easy steps.
Step 1 – Find a trustworthy broker or platform to help you purchase the Studds’ unlisted shares. You ask your dealer about the company analysis.
Step 2 – Based on the Studds unlisted share price, you can decide on how many shares you want to buy. Once done, you can tell the dealer about the desired investment.
Step 3 – The dealer will need to share the account details so that you can transfer the trade amount into the account.
Step 4 – The shares will reflect in your Demat account within 24 hours, depending on the holidays.
There are majorly three documents that are required by brokers and dealers. The following are the documents required:
- Client Master Report (CMR) copy,
- a PAN card
- a cancelled cheque