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Studds Accessories

Studds Accessories

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Highlights

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Relaince Group

Sector: Refineries

Market Price

2,529.50

Market Cap(₹Cr.)

2,529.50

-90.00

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Shareholders more than 1%

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Overview

Studds Accessories was incorporated as ‘Studds Accessories Private Limited’ on February 3, 1983. It became a deemed public limited company in terms of Section 43(A) of the Companies Act 1956 with effect from March 31, 1990, and the word ‘private’ was deleted from the name of the company. It was subsequently converted into a public limited company pursuant to a special resolution dated October 22, 1994, passed by the shareholders of the company and its name was changed to ‘Studds Accessories Limited’. 

It is the largest two-wheeler helmets player in India. Owing to its operational history of decades, its flagship brand ‘Studds’ is recognized as a popular brand in the two-wheeler helmet market in India. The safety, reliability and quality associated with a helmet brand are the key attributes which increase customer confidence and influence a purchase decision. Over time, its consistent focus on improving the safety features and quality of its helmets have helped it in establishing its brands, Studds and SMK, as trusted brands amongst its customers. It has obtained key certifications such as ISO 9001:2015 (for quality management system), ISO 14001:2015 (for Environmental Management System), IS 4151:2015 (for Protective Helmets for Motorcycle Riders issued by the BIS) and Economic Commission of Europe (ECE) ECE 22.06 (for certifying compliance with ECE) for sale of its products in India and global markets.

Its extensive experience in the helmet and two-wheeler lifestyle accessory market has given it deep insights into customer requirements, enabling it to design products with a primary focus on safety supported by quality, fit, comfort, and sizing. By harnessing this knowledge, it has strategically developed a product portfolio under its two leading brands, Studds and SMK, with each brand positioned to cater to well-defined needs of their respective target consumers, while being complimentary to each other along the price points.

It also engages the services of specialised design firms for designing and conceptualising certain niche designs for its helmets. It has also engaged services of a Spanish design firm and launched Studds and SMK full face and flip-up helmets with inbuilt Bluetooth technology in order to enhance the riding comfort and safety of motorcycle riders.

Business area of the company

The company is engaged in design, manufacture, market and sell of two-wheeler helmets under the ‘Studds’ and ‘SMK’ brands and other accessories (such as two-wheeler luggage, gloves, helmet locking device, rain suits, riding jacket and eye wear) under the ‘Studds’ brand. Its products are sold pan-India and in several countries internationally, with its key export markets situated across Americas, Asia (excluding India), Europe and rest of the world. It  also manufactures helmets for Jay Squared LLC, which are sold under the ‘Daytona’ brand in the United States of America, as well as for O’Neal under their branding, supplying to markets in Europe, United States of America and Australia.

Products of the company

Studds

  • Trooper DV D2 hellcat decor
  • Raider Skulpt D1 decor
  • Drifter D5 fiker decor
  • Vogue open face helmet

SMK

  • Typhoon sports tourer
  • Typhoon aerot
  • Stellar sport uno
  • Gullwing supertour
  • Allterra fulmine

Awards and recognitions

  • 2014: The company received the Accessories Award from Honda Motors India Private Limited 
  • 2018: The company was awarded by Honda Motorcycle & Scooter India Private Limited (HMSI) for its valuable contribution in making HMSI ‘an over 6 million company’  
  • 2019: The company received a certificate of excellence by Honda Motor India 
  • 2020: The company received the Award for Cost Competitive from Honda Motor India 
  • 2022: The company received a certificate of appreciation by Honda Motor India 
  • 2023: The company received an award for Appreciation for Quality Building from Bureau of Indian Standards

History and Millstones

  • 1983: Incorporation of the company 
  • 1998: Obtained license to operate factory for its first manufacturing facility at Plot no. 61, Sector 27-A, Faridabad, Haryana, India 
  • 1999: Its trademark ‘Studds’ was assigned to it by Studds Limited 
  • 2001: Commencement of export of two-wheeler helmets to Europe wherein, it exported two-wheeler helmets to Czech Republic 
  • 2004: Obtained license to operate factory for a manufacturing facility at Plot no. 54, Sector 27-A, Faridabad, Haryana, India 
  • 2006: Obtained license to operate factory for a manufacturing facility at Plot no. B-72, Sector 27-A, Faridabad, Haryana, India 
  • 2009: Manufacturing Facility I was set up and the operations conducted out of prior set up facilities of the Company were moved to Manufacturing Facility I 
  • 2015: Expansion of Manufacturing Facility I by taking the adjoining premises on lease 
  • 2015: Manufacturing Facility II was set up in Faridabad, Haryana, India 
  • 2016: Launch of the ‘SMK’ brand 
  • 2019: Manufacturing Facility IV was set up in Faridabad, Haryana, India, wherein manufacturing of bicycle helmets began 
  • 2020: Manufacturing Facility III was set up in Faridabad, Haryana, India
  • 2020: Setup its own EPS and Printing Plants for catering to bicycle helmet market

Brands Of Studds Accessories

Brands Of Studds Accessories

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