Studds Accessories Limited Unlisted Shares
ABOUT STUDDS ACCESSORIES LTD.
a)They are the largest two-wheeler helmet manufacturer of the world(In terms of a total number of helmets sold in FY 2018 (source: F&S Industry report) diligently serving their customers with safety, style, and comfort.
b) With a market share of more than 25% in India, they have established themselves as the largest organized player in the industry. Since their incorporation in 1983, they have witnessed a sustained growth in their business. What started as a small manufacturing set up is today 2 manufacturing facilities company spread across almost 6 acres in Faridabad, Haryana.
c) Largest- Manufacturer of Helmets in the world, UNIQUE- Their laboratory is the only one in the industry (in India) to be certified by European Safety Agency, and Safety – They use one of the best technologies in the world to
produce certified products.
Presence of the Company
The company has a presence in almost more than 30 countries in the world.
a) Innovation– 16 New Products launches in the last 3 years.
b) Excellence– 21 No. of quality/safety tests done in-house (per helmet as per ECE 22.05 standard).
c) Adaptability– 7 Different sizes are available in the helmet.
d) Presence- Over 360 Active dealer network across India as on 31st March 2018 across more than 30 countries.
Look and Feel of the Products of the Company
a) Full-face helmet and b) Flip-up full face helmets
c) Flip-off full face helmets and d) Open Face Helmets
e) Sporting helmets and f) Industrial Helmets
(a) The company sells a helmet in the range of Rs.825 to 2165 under the brand name Studds having a market share of 25% as on FY18.
(b) The company sells a helmet in the range of Rs.2300 to 9800 under the brand name SMK having a market share of 27.79% as on FY18.
(c) Apart from selling a helmet the company also in the business of Motorcycle Accessories like Jacket, Gloves, Glass etc.
(d) The 90% of the Revenue comes from Helmet division and 10% comes from Motorcycle Accessories.
(e) The 92.3% of the business comes from the Domestic Market and rest 7.97% comes from Export.
The company plans to enter into manufacturing and selling bicycle helmets. These products would be destined for the domestic and global market. Bicycle helmets have a larger market share in advanced Economies and as such we expect a bigger export market.
Studds Accessories Limited Unlisted Shares Details:
|Total Available Shares:||10|
|Face Value:||₹ 5 Per Equity Share|
|Lot Size:||50-100 Shares|
|Current Unlisted Share Price:||₹ 775 Per Equity Share|
|Retail Discount:||Bulk Deal (1%)|
Promoters And Management:
Financials of Studds Accessories Limited Unlisted Shares:
|Assets and Liabilities (all figures in Million)|
|Year||Asset||Liabilities||Net Worth||Book Value||Debt||Debt/Equity||RONW|
|Profit n Loss Key Parameters (all figures in Million)|
|Year||Revenue||PAT||EBITDA Margins||Profit Margins||Outstanding Shares||EPS|
|Cash Flow Statement(all figures in Million)|
|(i) Net Cash Generated from Operation||431.28||231.1||348.39|
|(ii) Net Cash Generated from Investment||-324.41||-209.76||-357.8|
|(iii) Net Cash Generated from Financing Activity||-36.26||-2.7||-71.91|
|(iv) Total[ (i)+(ii)+(iii) ]||70.61||18.64||-81.32|
|(v) Cash and Cash Equivalent (Opening)||100.84||82.2||163.52|
|(vi) Cash and Cash Equivalent (Closing)||171.45||100.84||82.20|