Studds Accessories Limited (NSE:STUDDS)

Studds Accessories Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	6,021	5,838	5,290	4,992	4,625	4,796
Other Revenue	50.33	50.33	18.18	43.71	28.26	11.14
Revenue	6,072	5,888	5,308	5,035	4,653	4,807
Revenue Growth (YoY)	20.58%	10.93%	5.42%	8.21%	-3.20%	15.75%
Cost of Revenue	2,601	2,639	2,488	2,678	2,555	2,288
Gross Profit	3,471	3,249	2,821	2,357	2,099	2,520
Selling, General & Admin	762.95	742.23	792.79	750.71	670.74	602.37
Other Operating Expenses	1,517	1,407	1,099	960.52	857.33	801.08
Operating Expenses	2,489	2,356	2,082	1,892	1,694	1,537
Operating Income	982.6	893.37	738.62	464.82	404.21	982.79
Interest Expense	-10.52	-12.17	-16.05	-28.21	-30.56	-34.64
Interest & Investment Income	50.85	50.85	36.69	18.92	20.35	28.12
Currency Exchange Gain (Loss)	19.56	19.56	11.65	10.48	6.16	6.69
Other Non Operating Income (Expenses)	6.07	-	-	-	-	-
EBT Excluding Unusual Items	1,049	951.61	770.91	466.01	400.16	982.96
Gain (Loss) on Sale of Investments	-0.03	-0.03	0.09	-	-	-
Gain (Loss) on Sale of Assets	-1.3	-1.3	-7.25	-1.6	-	-
Pretax Income	1,047	950.28	763.75	464.41	400.16	982.96
Income Tax Expense	274.56	253.87	191.48	132.94	113.8	243.02
Earnings From Continuing Operations	772.67	696.41	572.27	331.47	286.36	739.94
Net Income	772.67	696.41	572.27	331.47	286.36	739.94
Net Income to Common	772.67	696.41	572.27	331.47	286.36	739.94
Net Income Growth	133.10%	21.69%	72.65%	15.75%	-61.30%	-0.75%
Shares Outstanding (Basic)	49	39	39	39	39	39
Shares Outstanding (Diluted)	49	39	39	39	39	39
Shares Change (YoY)	25.02%	-	-	-	-	-
EPS (Basic)	15.71	17.70	14.54	8.42	7.28	18.80
EPS (Diluted)	15.71	17.70	14.54	8.42	7.28	18.80
EPS Growth	86.46%	21.71%	72.63%	15.78%	-61.31%	-0.75%
Free Cash Flow	452.3	211.14	399.99	92.86	-450.32	374.35
Free Cash Flow Per Share	9.19	5.37	10.16	2.36	-11.44	9.51
Dividend Per Share	-	2.500	2.000	2.000	1.500	2.000
Dividend Growth	-	25.00%	-	33.33%	-25.00%	-
Gross Margin	57.17%	55.18%	53.14%	46.81%	45.10%	52.41%
Operating Margin	16.18%	15.17%	13.91%	9.23%	8.69%	20.44%
Profit Margin	12.73%	11.83%	10.78%	6.58%	6.15%	15.39%
Free Cash Flow Margin	7.45%	3.59%	7.54%	1.84%	-9.68%	7.79%
EBITDA	1,178	1,074	905	623.55	548.58	1,096
EBITDA Margin	19.41%	18.25%	17.05%	12.38%	11.79%	22.79%
D&A For EBITDA	195.78	181.03	166.38	158.73	144.37	112.84
EBIT	982.6	893.37	738.62	464.82	404.21	982.79
EBIT Margin	16.18%	15.17%	13.91%	9.23%	8.69%	20.44%
Effective Tax Rate	26.22%	26.71%	25.07%	28.63%	28.44%	24.72%
Revenue as Reported	6,148	5,959	5,358	5,065	4,680	4,842
Advertising Expenses	-	116.55	84.16	97.23	88.41	42.69

Source: S&P Global Market Intelligence. Standard template. Financial Sources.