Studds Accessories Ltd , India’s largest two-wheeler helmet manufacturer, reported a 17.9 per cent year-on-year increase in EBITDA to ₹60.2 crore for the first half of fiscal year 2026. Revenue from operations grew 6.4 per cent to ₹303.7 crore, while profit after tax rose 22.9 per cent to ₹40.9 crore during the period.
The company’s board approved establishing a warehouse in to strengthen its European distribution network and expand its product portfolio in export markets. This move aligns with Studds’ strategy to enhance its international presence across 70+ markets where it currently operates.
In October, Studds secured Decathlon as a new customer, under which it will supply bicycle helmets and protective products for the retailer’s India operations. Commercial production is expected to begin by the end of the fourth quarter of fiscal 2026, with the company currently investing in new moulds for this engagement.
The helmet manufacturer is expanding capacity by 1.5 million units for two-wheeler helmets and boxes in the first phase, scheduled to become operational by the first quarter of fiscal 2027. Capacity utilisation for two-wheeler helmets and boxes stood at approximately 86 per cent during the first half.
Studds was listed on stock exchanges on November 7, 2025. The company operates four manufacturing facilities with an installed capacity of 9.04 million two-wheeler helmets and boxes, offering over 240 designs across 19,000 SKUs through 360+ distributors.
The shares of Studds Accessories Limited were trading on the on Thursday at ₹548.10 down by ₹6.10 or 1.10 per cent at the closing bell.