Arthneeti

Endurance Technologies Q2 FY27 Share Price & Earnings Call Analysis

₹2,311.80+0.57% today
Market cap
₹32,524 Cr
P/E
33.03
ROE
14.87%
PEG
1.28
Price to sales
2.09
Debt to equity
0.19
52W high / low
₹3,030 / ₹2,201
Sales growth (5Y)
17.39%
EBITDA margin
13.20%
Net profit margin
6.40%
Promoter holding
75.00%
Sales (last year)
₹15,592 Cr

Endurance Technologies is engaged in the business of manufacturing and selling of aluminium die casting (including alloy wheel), suspension, transmission, braking and embedded electronic products with operations spread across India and Europe with 19 plants in India and 14 in Europe.

Guidance scorecard · Q2 FY27 call

What Endurance Technologies Ltd's management guided
and where it ranks in Auto Components

#17of 66 in
Auto Components
Revenue20–40%MarginsFlatCapexPlannedFundraisingWhat management saidOrder bookFlat

RevenueQ1 FY27 call

20–40%
  • Endurance expects strong growth driven by new business wins, especially in EV battery packs and Maxwell products.
  • Alloy wheel plants (Chakan fully utilized; Bidkin at 60%, expected full by FY end) will support volume growth.
  • The battery pack assembly plant with 17,000-18,000 packs/month capacity will be fully utilized by October 2026.
  • Expansion in ABS, brakes, and suspension systems targets increased market share; brakes business growing at 30%+ CAGR.
  • EV sales in India grew 87.6% in Q1 FY 27; overseas EV & plug-in hybrids grew 14.4%.
  • Orders in Europe continue amid challenges; M&A expected to drive growth.
  • Capex remains stable around ₹800 crores but can increase with large opportunities.

2 more points from Endurance Technologies Ltd's call on revenue

Create a free account to keep reading this call

Full Q1 FY27 analysis

MarginsQ1 FY27 call

Flat

See what Endurance Technologies Ltd said on margins — free account, 30 seconds.

Full Q1 FY27 analysis

CapexQ1 FY27 call

Planned
  • Endurance's India capex for FY 27 is expected to remain similar to FY 26, around ₹800 crores.
  • Capex includes investments in both Endurance and strong Tier-2 suppliers.
  • A key focus area for FY 27 capex budget is automation across existing plants to enhance quality, consistency, and operating efficiency.
  • New greenfield projects and possible M&A activity are considered for technology-intensive, scalable growth areas to increase margin percentage.
  • Manufacturing capacities (e.g., alloy wheels at Bidkin and battery pack plant at Mindewadi) are currently ramping up, expected to reach optimum sales by Q3 FY 27.
  • There is potential to increase capex if large opportunities arise.

2 more points from Endurance Technologies Ltd's call on capex

Create a free account to keep reading this call

Full Q1 FY27 analysis

FundraisingQ1 FY27 call

See what Endurance Technologies Ltd said on fundraising — free account, 30 seconds.

Full Q1 FY27 analysis

Order bookQ1 FY27 call

Flat
  • India business order wins in Q1 FY27: ₹391.6 crores (₹26.1 crores new business, ₹365.4 crores replacement).
  • EV business won: ₹11.3 crores; remaining ₹380.3 crores are ICE business.
  • Four-wheelers orders: ₹18.6 crores; rest ₹373 crores primarily for two-wheelers.
  • Cumulative India EV orders since FY23 (excluding Bajaj Auto): ₹1,496 crores; including Bajaj Auto: ₹1,806 crores.
  • Total orders won (excluding Maxwell but including battery packs) since FY23: ₹5,270 crores with ₹4,241 crores as new business.
  • Europe order book in Q1 FY27: €13.9 million, including large orders from Mercedes and Stellantis.

2 more points from Endurance Technologies Ltd's call on the order book

Create a free account to keep reading this call

Full Q1 FY27 analysis
Full Auto Components ranking

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Auto Components
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does Endurance Technologies Ltd rank?

Portfolio builder

Build your portfolio
from the top-ranked stocks

  1. 1. Pick 3–15 stocks
  2. 2. Choose large, mid or small cap and your sectors
  3. 3. Get a portfolio built from the rankings
Build my portfolio

Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Auto Components companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Flat₹3,020 Cr47.8
240%+Flat₹1,998 Cr63.5
340%+Flat₹428 Cr17.5
420–40%Up 2%+₹25,721 Cr73.8
520–40%Up 2%+₹13,417 Cr40.5
620–40%Up 0–2%₹23,344 Cr37.6

Sign up free to see every company in the sector ranking and track Endurance Technologies Ltd.

Pro shows every company guiding 40%+ revenue growth →Full Auto Components ranking

Financials of Endurance Technologies Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

Endurance Technologies Ltd

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%
FIIs +7.82%7.79%8.67%9.53%11.50%12.37%13.54%13.84%13.72%13.14%12.69%12.07%
DIIs +15.40%15.44%14.34%13.57%11.74%10.89%9.54%9.05%9.20%9.77%10.06%10.48%
Public +1.77%1.76%1.98%1.90%1.75%1.75%1.93%2.10%2.08%2.07%2.24%2.46%
No. of Shareholders77,09084,15592,67985,35985,35785,52884,61889,28190,88587,36290,11495,337

Financials of Endurance Technologies Ltd

Quarterly Results

Quarter-by-quarter operating performance

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +2,4502,5452,5612,6852,8262,9132,8592,9633,3193,5833,6084,0864,315
Expenses +2,1292,2272,2622,2952,4512,5312,4872,5412,8753,1063,1313,5183,779
Operating Profit321318299389374382373422444477477568536
OPM %13%13%12%14%13%13%13%14%13%13%13%14%12%
Other Income +17162727342722473621163033
Interest9101113111212121414151517
Depreciation113118114128129131136142164180178212222
Profit before tax216206201275268266247314302304301371330
Tax %24%25%24%24%24%24%25%22%25%25%26%25%26%
Net Profit +164155152210204203184245226227222276245
EPS in Rs11.6210.9910.8314.9414.4914.4313.1117.4316.0916.1615.7619.6517.38

Financials of Endurance Technologies Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales +4,9175,2285,5886,3497,5096,9156,5477,5498,80410,24111,56114,59615,592
Expenses +4,3214,5484,8305,4216,3805,7845,5076,5857,7688,91310,01012,63013,534
Operating Profit5966807589281,1291,1311,0409651,0361,3281,5511,9662,058
OPM %12%13%14%15%15%16%16%13%12%13%13%13%13%
Other Income +423329-364819103586129103101
Interest5149322426181462143475761
Depreciation227243291322376414399382422474539734792
Profit before tax3594204655797337476475866298971,0951,2771,306
Tax %29%29%29%33%32%24%20%21%24%24%24%25%
Net Profit +254300330391495566520461480680836952970
EPS in Rs17.9221.2623.4827.7835.1940.2036.9532.7534.0948.3859.4667.6668.95
Dividend Payout %5%4%11%14%16%14%16%19%21%18%17%17%

Financials of Endurance Technologies Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital1818141141141141141141141141141141
Reserves1,1241,4321,5892,0322,4242,8653,4213,7794,2714,8375,5776,700
Borrowings +7648316948147307506414305157659441,327
Other Liabilities +8791,0001,0871,3531,4751,3061,5441,5071,8752,1282,4653,444
Total Liabilities2,7843,2813,5104,3404,7705,0625,7475,8576,8027,8719,12611,611
Fixed Assets +1,4531,5871,6341,8512,1632,6062,6032,7153,1433,6304,0585,701
CWIP22103445911812696119171159293488
Investments1483346361664444876727938041,031
Other Assets +1,3091,5421,8002,3832,4532,1642,6042,5362,8163,2893,9714,392
Total Assets2,7843,2813,5104,3404,7705,0625,7475,8576,8027,8719,12611,611

Financials of Endurance Technologies Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +4136985377428981,0116217428621,0571,5321,851
Cash from Investing Activity +-289-509-361-436-696-671-586-550-905-945-988-1,781
Cash from Financing Activity +-139-114-122-24-167-258-143-302-72105-29-214
Net Cash Flow-1476542833583-108-111-115217514-144
Free Cash Flow113230157316221464310222240237525595
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit88%118%88%103%100%109%76%93%101%96%113%109%

Financials of Endurance Technologies Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days434150564536584748454546
Inventory Days474850494554625856525250
Days Payable82879811398104130102979699102
Cash Conversion Cycle932-8-8-15-10271-2-6
Working Capital Days20-17-3-9-9-111315141030
ROCE %22%22%21%23%25%21%17%14%14%17%17%18%

Guidance history

How Endurance Technologies Ltd's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q1 FY27 call →20–40%FlatPlanned—Flat
Q4 FY26 call →10–20%FlatPlanned—Rising
Q3 FY26 call →20–40%FlatPlanned—Rising
Q2 FY26 call →20–40%FlatPlanned—Rising

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

20out of 100

Momentum score · price trend

20 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−18.6%38%
Last 6 months−0.8%52%
Last 3 months−17.6%23%

The price is 24% below its all-time high of ₹3,041.2 (10 Sept 2025). Stocks more than 20% below their peak have their score halved, so 41 became 20.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Endurance Technologies Ltd: 0.4 × 38 + 0.4 × 52 + 0.2 × 23 = 41, halved to 20 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Continue your research

What Endurance Technologies Ltd's management said in earlier quarters

Others in Auto Components this season

  • Kheria Autocomp (Q2 FY27)

    5,500.63 Lakhs for the half year ended 30th September 2025, indicating a year-on-year increase of approximately 31.4%. Key results statement takeaways from Kher

  • Menon Bearings Ltd (Q2 FY27)

    10,202.87 lakh, up 57.22% from Rs. Key results statement takeaways from Menon Bearings Ltd's Q2 FY27 results statement — and how it ranks against sector peers.

  • India Motor Parts & Accessories Ltd (Q2 FY27)

    221.70 Crores, compared to Rs. Key results statement takeaways from India Motor Parts & Accessories Ltd's Q2 FY27 results statement — and how it ranks against s

  • Wheels India Ltd (Q2 FY27)

    Q2 FY27 consolidated revenue from operations: INR 1,711 Cr, up 35% YoY (Page 19) . Key investor presentation takeaways from Wheels India Ltd's Q2 FY27 investor

Compare:vs Samvardhana Motherson International Ltdvs Boschvs Bharat Forge Ltd