ENDURANCE

Endurance Technologies Limited will hold a one-on-one meeting with officials from Goldman Sachs India Securities Private Limited on May 28, 2026, from 5:00 p.m. to 6:00 p.m. in Pune. Senior management will participate, and the presentation for the meeting is accessible online. The schedule is subject to change.

Endurance Technologies reported a strong financial performance for Q4 FY26 and full FY26. Management projects ABS sales to grow 100-150% in FY27, driven by expanded capacity and dual-channel ABS for Bajaj Auto starting June 2026. Capex for FY27 is expected to remain similar to FY26's approximate ₹800 crores, with a focus on automation and new facilities. Key operational highlights include new plants for disc brakes, battery packs (projected ₹300-360 Cr/annum, potentially ₹600 Cr by next FY), and aluminium castings becoming operational in FY27. Cumulative EV business wins total ₹1,724 crores per annum. While Q1 FY27 may experience margin volatility due to rising input costs, management anticipates better numbers from Q2 FY27, confident in cost pass-through and leveraging proprietary battery pack technology. The 4W business contribution is targeted to reach 10% soon from current 6%.

Endurance Technologies Limited received a fresh Demand Order dated May 15, 2026, from the Deputy Commissioner, Rudrapur-I, Uttarakhand. The order confirmed a demand of Rs. 32.49 lakh (including tax, interest, and penalty) related to ITC reversal for FY2021-22. This significantly reduced the original demand of Rs. 12.39 crore, which was previously quashed by the High Court, dropping Rs. 12.07 crore. The company stated there is no material impact on financials or operations and is in the process of filing an appeal against the fresh order.

Endurance Technologies Limited announced the availability of the audio recording of the Conference Call for analysts and investors, which was held on May 15, 2026. The recording can be accessed on the company's website.

Endurance Technologies Limited announced that its appeal against a Demand Order of ₹98.28 lakh for FY 2020-21, issued by the Deputy Commissioner (CT), LTU-DC1, Tamil Nadu, has been allowed by the Joint Commissioner (ST), Appeals on May 14, 2026. The Demand Order, related to credit notes and input tax credit reversal, has been set aside, resolving the dispute in the company's favor.

Consolidated Revenue ₹4,085.95Cr vs ₹2,963.48Cr (▲37.88% YoY), EBITDA ₹567.80Cr vs ₹434.64Cr (▲30.63% YoY), PAT ₹276.45Cr vs ₹245.13Cr (▲12.78% YoY), and EBITDA Margin 13.90% vs 14.67% (▼77bps). The Board also recommended a dividend of ₹11.50 per equity share for the financial year 2025-26 and announced the 27th AGM to be held on August 13, 2026.

Endurance Technologies Limited announced a conference call for analysts and investors on May 15, 2026, at 11:00 a.m. IST, to discuss the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The Board is scheduled to approve these results on May 14, 2026. Management representatives including the Managing Director and Group CFO will participate.