Endurance Technologies Ltd
BSE:540153
Endurance Technologies Ltd
Endurance Technologies Ltd. emerged from the robust industrial heart of India, firmly establishing itself as a key player in the automotive components manufacturing sector. From humble beginnings, the company built a towering reputation on the strength of its comprehensive product range, which includes aluminum die-castings, suspension, transmission, braking systems, and after-market services. Each product line is a result of diligent research, advanced engineering processes, and a commitment to quality, aimed at providing value to both vehicle manufacturers and end consumers. The company's engineering prowess is not confined to the drawing board; it translates into mass production at its state-of-the-art facilities, which blend advanced technology with sustainable practices, reflecting Endurance’s commitment to innovative and responsible manufacturing.
Revenue streams at Endurance Technologies are driven by its collaborations with a diversified clientele that spans the globe. Its pulse on market demands allows for strategic partnerships, primarily with key original equipment manufacturers (OEMs) in the two-wheeler and four-wheeler segments. The company’s after-market services further supplement its income, catering to the vast secondary market of vehicle maintenance and enhancement. International expansions, marked by acquisitions and joint ventures, have fortified its presence in Europe and other regions, making Endurance a truly global entity. As it journeys forward, the company remains steadfast in its mission to advance technological capabilities and maintain its role as a linchpin within the automotive supply chain, continually facilitating the mobility of millions worldwide.
Endurance Technologies Ltd. emerged from the robust industrial heart of India, firmly establishing itself as a key player in the automotive components manufacturing sector. From humble beginnings, the company built a towering reputation on the strength of its comprehensive product range, which includes aluminum die-castings, suspension, transmission, braking systems, and after-market services. Each product line is a result of diligent research, advanced engineering processes, and a commitment to quality, aimed at providing value to both vehicle manufacturers and end consumers. The company's engineering prowess is not confined to the drawing board; it translates into mass production at its state-of-the-art facilities, which blend advanced technology with sustainable practices, reflecting Endurance’s commitment to innovative and responsible manufacturing.
Revenue streams at Endurance Technologies are driven by its collaborations with a diversified clientele that spans the globe. Its pulse on market demands allows for strategic partnerships, primarily with key original equipment manufacturers (OEMs) in the two-wheeler and four-wheeler segments. The company’s after-market services further supplement its income, catering to the vast secondary market of vehicle maintenance and enhancement. International expansions, marked by acquisitions and joint ventures, have fortified its presence in Europe and other regions, making Endurance a truly global entity. As it journeys forward, the company remains steadfast in its mission to advance technological capabilities and maintain its role as a linchpin within the automotive supply chain, continually facilitating the mobility of millions worldwide.
Strong Growth: Endurance Technologies reported robust revenue and profit growth for Q3 FY '26, with consolidated total income up 26.5% year-on-year and EBITDA up 30.4%.
Margin Pressures: EBITDA margin was 14.1%, but was impacted by higher raw material costs, especially aluminum, and an exceptional labor code-related expense.
CapEx Focus: Significant investments are ongoing in new plants and automation, but management aims to keep future CapEx below FY '26 levels in India.
Order Wins: The company secured INR 1,282.8 crores of new orders in India in the first 9 months, with strong growth in EV and non-automotive segments.
ABS Regulation Opportunity: Pending new government guidelines on ABS for 2-wheelers could drive substantial new business, regardless of whether ABS or hydraulic braking systems are mandated.
European Challenges: European operations grew, driven by the Stoferle acquisition, but the region faces weak automotive demand and market uncertainty.
Sustainability & Awards: Endurance made progress on ESG goals, increased renewable energy use, and received several industry awards.
