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Indepth Growth Analysis of Studds FY23 Annual Report

STUDDS Accessories Ltd Unlisted Shares

INTRODUCTION Studds is one of the leading helmet manufacturers in the world. With over four decades of experience, studds have become a name synonymous with excellence and have earned the trust and respect of millions. The company take pride in offering a diverse range of high-quality helmets, tailored to meet the unique needs and preferences of every rider.  Studds Unlisted shares  sold more than 64 Lakhs helmets in FY22-23. It exports its goods to more than  65 countries. Studds currently holds more than 25% stake in the helmet industry making a significant dent in the rider industry.   The motorcycle helmet market is expected to grow at a CAGR of nearly 6.4% during 2022-30. The marginal growth is a result of subdued growth in motorcycle industry in India during the fiscal, largely due to rising inflation and resultant lower offtake of motorcycles due to higher prices.    However, the government’s focus on Electric Vehicles(EVs), infrastructure development along with initiatives like FAME India, Bharatmala Pariyojana, among others are expected to contribute to the growth of two wheelers industry as a whole in the near short-term. This will augur the growth of the helmet, given the regulators’ increasing focus on road safety In FY22-23, Studds has been at the forefront of catering to demand for helmets, with our unwavering commitment to quality and innovation. STUDDS commitment to innovation, quality, comfort and customer satisfaction has helped us establish Studds as one of the leading manufacturers of helmets industry in the world.   Studds with it’s  high capacity and modern manufacturing facilities, we have manufactured more than 64 Lakhs of helmets and boxes during the fiscal year 2022-23. We are proud to report that this year has seen us successfully launch a range of innovative products that speak to our unwavering commitment to customer satisfaction. studds latest offerings include helmets featuring advanced safety features, stylish designs that cater to a variety of tastes, and eco-friendly materials that align with our mission to promote sustainable practices   FINANCIAL PROPOSITION Against the challenging macroeconomics during the fiscal year, stuuds achieved a revenue growth of 7.93% over the previous financial year. As of FY 23, Studds reported a: 1) Total Income: Rs. 5064.80 Millions 2)Total EBITDA: 3)Rs. 674.74 Millions 4) Total PAT:   Rs. 332.58 Million 5) EPS :   Rs. 16.90 Detailed financial overiew of studds can be seen here: Studds IPO papers were filed in 2018 but it didn’t go public back then. The financial performace has also affected studds share price in unlisted market. You can check latest price of studds on best unlisted platform Bharatinvest. FAQ’S  How do I buy Studds unlisted shares? You can buy ixigo unlisted shares using bharatinvest who is the best dealer for unlisted shares. Is studds profitable? Yes, studds is profitable.   Become an Angel Investor CHECK UPCOMING IPO AND INVEST BEFORE IPO Create A Free Account Now

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