• Studds Growth

Get detailed information about the Studds Pre IPO Unlisted shares. In this research report, you will get to know about  Studds peer comparison data. In addition, get the Complete details about the Net Profit Growth, Revenue Growth and Book Value Growth. 

Studds Revenue Growth

Growth in %

  • -3.35%

    1 Year

  • 8.20%

    4 Year

  • 12.43%

    7 Year

In FY22, the company has spent a lot in advertising due to which the advertising expenses of the company has climbed by 107%, after spending so much on advertising the company's exports increased by 80.57% but there was a decline of 14% in the in-land sales from where the company earns most of its revenue.  As a result the company's total revenue decreased by 3.35% this year.

Studds Net Profit Growth(PAT)

Growth in %

  • -61.30%

    1 Year

  • -3.09%

    4 Year

  • 15.45%

    7 Year

This year, the company has not been able to generate higher revenue than previous year, and the cost of raw materials consumed of the company has also increased by 27%. Because the company paid higher salaries/wages to its employees this year due to which the company's employee benefit expense has climbed by 14.83% also the company's depreciation has increased by 25%, resulting in significant decrease in its profit by 61.29% in FY22.

Studds EPS Growth

Growth in %

  • -61.31%

    1 Year

  • -3.40%

    4 Year

  • 15.46%

    7 Year

The company's share count remains same this year, however due to significant decrease in the net income, the company's EPS has dropped dramatically by 61.31%.

  • Studds Book Value Growth

Growth in %

  • 35.31%

    1 Year

  • 35.26%

    2 Year

The accumulated retained earnings over the years of the company have been driven by the consistent revenue generation of the company with CAGR 10.4 percent for 5 years driven by economies of scale and extensive backward integration process, which has allowed better quality of the helmets throughout the years, resulting in a 35.3 percent increase in book value per share from the previous FY20.

Studds EBITDA Growth

Growth in %

  • -48.13%

    1 Year

  • 1.07%

    4 Year

  • 16.49%

    7 Year

Even though the company's operating expenses decreased by 10% this time, however cost of raw materials consumed climbed by 27% while the total sales of the company declined. For this reason there is a significant decline of 48% in the EBITDA of the company in FY22

Studds Operating Profit Growth

Growth in %

  • -57.67%

    1 Year

  • -4.35%

    4 Year

  • 14.04%

    7 Year

The EBIT of the company significantly decreased by 58%. This has been due to lower in EBITDA in FY22. The company has increased its plant and equipment this year which increased the total assets of the company as well as the depreciation associated with it. The depreciation amount grew by 25% in FY22.

Studds Asset Growth

Growth in %

  • 4.81%

    1 Year

  • 19.57%

    4 Year

  • 25.84%

    7 Year

The total assets of the company have increased by 5%. Among the rest of the assets, the highest growth has been in the plant and equipment of the company which grew by 21% from 260.92 Cr in FY21 to 315 Cr in FY22. Other than that there has been a significant increase of 46% in the total inventory of the company.

Studds Cash Flow from Operations

Growth in %

  • -84.41%

    1 Year

  • -26.21%

    3 Year

  • -8.74%

    7 Year


  • Studds Solvency Ratios

Studds D/E Ratio

The total liabilities of the company remained the same as last year, but the equity of the company increased by 7% resulting in a slight decrease of 7% in debt to equity ratio of a company in FY22.

Studds Current Ratio

The current ratio of the company has increased to 1.4x. The total current assets of the company decreased by 18%. however the company returned some money to its creditor and reduced its trade payable by 37%. Due to which the current liabilities of the company have come down by 14%, as a result of which the company's current ratio slightly increased in FY22.

Studds Quick Ratio

The high marginal decrease in the quick ratio is because the company has a high inventory. This high inventory is to meet its future demand, which is the reason their inventory composition is mostly comprised of raw materials instead of finished good. However, the quick ratio is higher than 1, which is a good sign in terms of the solvency of the company.

Studds Interest Coverage Ratio

Although the company's interest expense decreased by 12% this year, but the company's EBIT also decreased by 58%, resulting in a fall in the company's interest coverage ratio in FY22

  • Studds Operating Efficiency

The company's overall operating efficiency has decreased significantly. The reason for this is that the company's sales were slightly lower than previous year, and the cost of raw materials increased causing the company's gross margins to decline. The operating expenses of the company like selling and administrative expense and employee benefit expense have also increased. As a result, the company's profit margins have also declined in FY22

Studds Operating Profit EBIT Margin(OPM)

Studds Profit Before Tax Margin (PBT Margin)

Studds Profit After Tax Margin (PAT Margin)

  • Studds Profitablity Ratio

Studds Return on Equity(RoE)

The significant decrease in ROE is primarily because of the decrease in the ability of the assets to generate income as well as the low profit margin in FY22, which have contributed to the downfall of ROE. There has been a slight increase of 7% in the total equity of the company. The company's revenue declined while its expenses climbed, resulting in a lower profit this year, because of these factors, the company's return on equity fell by 67.39% this year

Studds Return on Capital Employed(RoCE)

The decline in ROCE is mostly due to the company's expansionary goal, which involves developing new and improved gears using its assets, which has increased the company's long term debt  by 91%. EBIT of the company fell by 58% year on year in FY22, these all factors caused the decline in company's return on capital employed.

Studds Return to Assets (RoA)

The decrease in ROA has been primarily because of the rise in net addition of Rs 55 Cr in buildings, plant & machinery and other equipments but eventually it will become a contributing factor to increasing the net profits of the company in the long term..

  • Studds Valuation Ratios

Studds Dividend Yield

Studds Earning Yield