Auto part companies stock price movement today

What’s driving Studds Accessories?

Studds Accessories is India’s largest two-wheeler helmet manufacturer and one of the world’s leading helmet and motorcycle accessories brands. 

While raw material prices have witnessed an upward trend since March, there are currently no challenges with sourcing or availability of key inputs. To safeguard against rising input costs, the management in the Q4 results said the company has implemented calibrated price hikes across portfolio and distribution channels, averaging around 8–9 per cent. 

Rising disposable income, increasing penetration of premium motorcycles, stricter safety regulations and greater consumer awareness towards quality and branded products are supporting structural growth for the organized helmet industry. 

Equirus Securities view on auto ancillary sector

India’s listed auto ancillary sector revenues’ grew 3x over FY16–26 to ₹5 trillion at 11 per cent compounded annual growth rate (CAGR), but the sector average is a statistical artefact masking a 8–17 per cent range of segment outcomes. Twenty-eight of 52 companies outgrew the sector; 24 did not. The consistent differentiator was not OEM mix or market share — it was the breadth of the revenue base. Companies deploying multiple growth levers simultaneously — acquisitions, new products, new geographies, new customers — outperformed single-lever peers in every cycle the decade delivered, Equirus Securities said in the sector report. 

Consensus estimates indicate that FY27 could be a relatively subdued year for profitability across the auto ancillary universe, with margin performance likely to remain sensitive to the trajectory of commodity costs and the evolving geopolitical environment. However, assuming commodity inflation moderates over the medium term, the industry is expected to deliver a healthy earnings recovery thereafter.  

Based on current estimates, the auto ancillary sector is projected to report a PAT CAGR of 21 per cent over FY26–FY28E, supported by a 13 per cent revenue CAGR and margin expansion following the softer FY27 earnings environment, the brokerage firm said. 
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