ENDURANCE
Endurance Technologies Limited
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Industry
Auto Components & Equipments
Market Cap
41409.74 Cr
Filing History
Recent corporate announcements and filings for ENDURANCE
Business Update
Positive
2026-08-21 16:14
- The company is focusing on enhancing margins through technology-intensive products in 2W proprietary, 4W aluminum castings/forgings, and non-auto segments (solar, electronics, BMS, battery packs).
- Capacity for ABS is expanding by 9 lakh units per annum, with SOP for dual-channel ABS for Bajaj Auto commencing this quarter.
- New manufacturing facilities and SOPs are advancing for disc brake assembly systems (Chennai, Royal Enfield), 4W passenger vehicle foundation brakes (Tata Motors), new KTM brakes technology, and increased 3W brake assembly volumes.
- Strong order wins include ₹513 Cr p.a. potential in 4W casting (AURIC Shendra) and ₹80 Cr p.a. from Hyundai and Kia (Chennai).
- The battery pack plant near Pune has begun SOP for Hero MotoCorp, with a 4W battery pack entry expected by Q4 FY27, targeting average company margins.
- Subsidiary Maxwell turned PAT positive in Q1 FY27, showing 85% growth in total income and securing cumulative orders of ₹238 Cr p.a.
- European operations secured €13.9 million in new orders for Mercedes hybrid and Stellantis ICE programs in Q1 FY27.
- India standalone EV sales surged 87.6% YoY in Q1 FY27, contributing to a 20.9% YoY rise in total consolidated EV and plug-in hybrid sales.
- Management anticipates improved EBITDA margins in Q2 and Q3 FY27, driven by raw material and conversion cost settlements with OEMs and softening aluminum alloy rates.
- FY27 capital expenditure is projected to remain consistent with FY26 at approximately ₹800 crores.
- CRISIL has upgraded the company's ESG rating to a strong score of 68 for FY26.
Business Update
Neutral
2026-08-14 16:32
- Audio recording of the Conference Call for analysts/investors held on 14th August, 2026 is now available on the Company's website.
Financials
Positive
2026-08-13 17:51
- Q1 FY27 Financial Results Presentation highlights key business updates and order wins.
- New business won: Rs 405 Cr (India) and Euro 13.9 Mn (Europe) in Q1 FY27.
- Major capacity expansions underway for battery packs, castings, ABS, and aluminium forging.
- Total EV orders are Rs 1,806 Cr; increasing EV/Hybrid share in Europe, with expected reduction in ICE revenues.
Financials
Positive
2026-08-13 17:45
- Q1 FY27 Consolidated Total Income (Revenue) ₹4,348 Cr vs ₹3,355 Cr (▲29.6% YoY)
- EBITDA ₹569 Cr vs ₹480 Cr (▲18.7% YoY)
- PAT ₹245 Cr vs ₹226 Cr (▲8.0% YoY)
- EBITDA Margin 13.1% vs 14.3% (▼120bps)
Financials
Positive
2026-08-13 16:08
- Q1 FY27 Consolidated Revenue ₹4,314.89Cr vs ₹3,318.89Cr (▲30.0% YoY)
- EBITDA ₹535.82Cr vs ₹443.87Cr (▲20.7% YoY)
- PAT ₹244.52Cr vs ₹226.35Cr (▲8.0% YoY)
- EBITDA Margin 12.42% vs 13.37% (▼95bps)
Business Update
Neutral
2026-08-04 12:23
- Concall Schedule
- Concall Date: Friday, 14th August 2026
- Concall Time: 11:00 AM IST (to discuss Q1FY27 unaudited financial results for the quarter ended 30th June 2026)
Business Update
Neutral
2026-08-03 17:04
- Endurance Overseas SpA, a step-down subsidiary of Endurance Technologies, completed the divestment of its 100% shareholding in Veicoli Srl, Italy, on August 3, 2026.
- Veicoli Srl has ceased to be a subsidiary of the Company.
Governance
Neutral
2026-07-28 18:42
- Corrigendum to the Notice of the 27th Annual General Meeting (AGM) to be held on August 13, 2026.
- Corrects a typographical error regarding the Membership (F4266) and COP (3068) number of Mr. Jayavant Bhave, appointed as Scrutiniser.
- Other contents of the AGM Notice and Annual Report for FY2025-26 remain unchanged.
- The AGM will also consider the declaration of a dividend of ₹11.50 per equity share for FY2025-26; Record Date for dividend is July 31, 2026.
Governance
Neutral
2026-07-21 14:21
- The company announced its 27th Annual General Meeting (AGM) to be held on Thursday, August 13, 2026, at 4:00 p.m.
- The AGM will consider adopting audited financial statements for FY 2025-26.
- A dividend of ₹11.50 per equity share for FY 2025-26 was recommended, with Record Date as July 31, 2026.
- Re-appointment of Mr. Massimo Venuti and ratification of Cost Auditor's remuneration (₹5,50,000 for FY27) will also be considered.
- Remote e-voting period: Aug 10-12, 2026.
Business Update
Positive
2026-07-01 19:32
- Endurance Technologies' wholly-owned subsidiary, Endurance Overseas SpA (EOSpA), acquired an additional 8% stake in Stöferle GmbH and Stöferle Automotive GmbH.
- This increases EOSpA's total shareholding in the target companies from 60% to 68%.
Financials
Neutral
2026-06-25 17:27
- Board meeting scheduled for August 13, 2026, to approve unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.
- The trading window for dealing in company securities will remain closed from July 1, 2026, until August 15, 2026.
Business Update
Positive
2026-06-24 12:40
- Endurance Technologies Limited to sell 100% of its Italian step-down subsidiary, Veicoli Srl, to Banyan Software UK Limited.
- The divestment aims to focus on the core auto components business.
- Consideration includes an upfront payment of €2.2 million, a deferred payment of €0.3 million, and an earn-out consideration capped at €5.0 million.
- Expected completion date is 1st July 2026.
Governance
Positive
2026-06-23 18:57
- Ms. Preety Raj, Chief Human Resources Officer, has been elevated to the President cadre, effective April 1, 2026, and is now categorized as Senior Management Personnel.
Business Update
Positive
2026-06-18 18:52
- Commercial production of Lithium-Ion Battery packs for two-wheelers commenced on June 17, 2026.
- Company will expand manufacturing capacity for four-wheeler battery packs by 3,640 units/month.
- Investment: ₹62 crore (net of GST credit), financed via internal accruals.
- Capacity addition to be completed by Q3 FY27.
Business Update
Positive
2026-06-17 20:18
- Commercial production of Lithium Ion Battery packs commenced on June 17, 2026, at the Mindewadi, Pune plant.
- Initial capacity: ~26,000 packs/month, expandable to ~35,000 packs/month.
- The project, announced April 29, 2025, involved a capex of ~₹473 million.
Business Update
Neutral
2026-06-10 18:23
- Concall Schedule
- Concall Date: 15th June 2026
- Concall Time: 2:00 p.m. to 3:00 p.m.
- Meeting with: Motilal Oswal AMC
Routine
Neutral
2026-06-09 18:39
New Filing detected. See link for details.
Business Update
Neutral
2026-06-09 15:07
- Concall Schedule
- Concall Date: 12th June, 2026
- Concall Time: 9:00 a.m. to 5:00 p.m.
- Location: Chennai
- Organizer: Investec Capital Services (India) Private Limited
- Presentation Link: https://www.endurancegroup.com/wp-content/uploads/2026/06/CORPORATE-PPT_01.06.2026.pdf
Business Update
Neutral
2026-06-04 17:56
- Concall Schedule
- Concall Date: 10th and 11th June, 2026
- Concall Time: 8:00 a.m. to 5:00 p.m. (Singapore local time)
- Details: Group and one-on-one meetings with Analysts/Institutional Investors, organized by Investec Capital Services (India) Private Limited.
Governance
Positive
2026-06-03 17:09
- The Postal Ballot for the re-appointment of Mr. Anant Talaulicar as an Independent Director for a second term (July 12, 2026 - July 11, 2031) has been approved by members with 99.59% votes in favour.
Governance
Neutral
2026-06-02 18:47
- Proceedings of Postal Ballot conducted through remote e-voting for the re-appointment of Mr. Anant Talaulicar as an Independent Director for a second term of five years, effective from July 12, 2026.
- The e-voting concluded on June 2, 2026, and results are to be declared by June 4, 2026.
Business Update
Neutral
2026-06-01 18:07
- Concall Schedule
- Concall Date: 3rd June to 5th June, 2026
- Concall Time: 9:00 a.m. to 4:00 p.m. (local time)
- Details: One-on-one meetings with Spore Investment Management (GIC, Singapore) at the company's manufacturing facilities in Italy, organized by Investec Capital Services.
Business Update
Neutral
2026-05-26 19:08
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.
Business Update
Positive
2026-05-22 14:32
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%.
Business Update
Neutral
2026-05-15 19:19
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.
Business Update
Neutral
2026-05-15 16:54
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.
Business Update
Positive
2026-05-15 14:33
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.
Financials
Positive
2026-05-14 19:53
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.
Business Update
Neutral
2026-05-08 12:20
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.