ENDURANCE

Endurance Technologies share price & financials

Price
₹2,622.4
Market cap
₹42.6k Cr
Sector
Automobile and Auto Components
Calls analysed
7
Latest concall · Q1 FY27 · call held 14 Aug 2026

Endurance Technologies Limited Q1 FY27

Standalone EBITDA ₹357.78 cr +17%Standalone EBITDA Margin 11.2% Standalone PAT ₹194.62 cr +17%Standalone Total Income ₹3,194.15 cr +36%

What went well

  • Standalone total income grew 35.9% YoY to ₹3,194.15 crores in Q1 FY27.
  • Consolidated total income grew 29.6% YoY to ₹4,348.28 crores in Q1 FY27.
  • Standalone EBITDA grew 17.1% to ₹357.78 crores, with a margin of 11.2%.

What to watch

  • RMC percentage to total income increased to 68.4% in Q1 FY27 from 64.8% in Q1 FY26 due to commodity price increases.
  • European net result decreased by 31% to €4.4 million in Q1 FY27, primarily due to increased depreciation.
Read the full call →

What Endurance Technologies Limited does

Endurance Technologies is an integrated automotive-component manufacturer supplying proprietary suspension, braking systems (including ABS), transmission parts, aluminium die-casting, forgings and alloy wheels to two-wheeler, three-wheeler and four-wheeler OEMs. It earns through India operations, European subsidiaries in Italy and Germany, an aftermarket business, and Maxwell, its subsidiary focused on embedded electronics (BMS) and EV battery packs. Customers span domestic OEMs such as Bajaj Auto, Hero MotoCorp, TVS and Royal Enfield, and European OEMs including VW-Audi-Porsche, Mercedes-Benz and Stellantis.

Segments

  • India (Standalone)
  • Europe
  • Maxwell
  • Aftermarket
Manufacturing facilities
33 plants across India, Italy and Germany
Alloy wheel plant capacity (AURIC Bidkin)
3.6 million wheels per annum
New Chennai disc-brake plant capacity
3 million assemblies and 4 million discs per annum
Installed ABS manufacturing capacity
0.64 million units per annum (being expanded)
Aluminium forging presses (India)
Expanding to 5 presses with a new addition underway
Patents and design registrations
96 patents and 89 design registrations
Founded 1999Headquarters Chhatrapati Sambhajinagar (Aurangabad), Maharashtra, India Company website

Guidance record · Q1 FY27

what the last two calls moved 23 tracked 3 delivered 2 missed 18 open
  • Battery Pack Manufacturing Plant SOP delivered, diluted said Q4 FY25 Promised: The SOP is planned in January 2026. Q1 FY27: Commenced SOP for Hero MotoCorp in June 2026.
  • Europe Capex FY26 missed said Q1 FY26 Promised: Maximum of €20-25 million. Q1 FY27: No new update, considered missed.
  • AURIC Shendra Plant SOP Timeline delayed said Q3 FY25 Promised: SOP is planned for June 2025 Q1 FY27: SOP will start in September 2026.

All 23 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 30.0%, net profit up 8.4% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue2,913 2,859 2,963 3,319 3,583 +23%3,608 +26%4,086 +38%4,315 +30%
EBITDA382 373 422 444 477 +25%477 +28%568 +35%536 +21%
Net profit203 184 245 226 227 +12%222 +21%276 +13%245 +8%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −11.5% 1Y

₹2.2k₹2.4k₹2.6k₹2.8k₹3.0kSept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q2 FY26 — 13 Nov 2025Q3 FY26 — 13 Feb 2026Q4 FY26 — 15 May 2026Q1 FY27 — 14 Aug 2026

1Y: ₹3,041.2 on 10 Sept 2025 → ₹2,692.6. High ₹3,041.2 (10 Sept 2025), low ₹2,201.2 (6 Apr 2026).

How the price took the results

close before → close after

Q1 FY27
−2.6%
14 Aug
Q4 FY26
−2.7%
15 May
Q3 FY26
−2.9%
13 Feb
Q2 FY26
−7.7%
13 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Revenue grew 21.1% a year over 3 years, FY23 to FY26. Operating margin widened to 13.5%.

Year endingFY23FY24FY25FY26
Revenue₹8.2k Cr₹10.2k Cr₹11.6k Cr₹14.6k Cr
Operating profit₹947 Cr₹1.3k Cr₹1.6k Cr₹2.0k Cr
Operating margin11.5%13.0%13.4%13.5%
Interest₹14 Cr₹43 Cr₹47 Cr₹58 Cr
Depreciation₹364 Cr₹473 Cr₹538 Cr₹734 Cr
Net profit₹447 Cr₹681 Cr₹836 Cr₹951 Cr
Net margin5.4%6.6%7.2%6.5%
Cash from operations₹862 Cr₹1.1k Cr₹1.5k Cr₹1.9k Cr
Free cash flow₹240 Cr₹237 Cr₹525 Cr₹595 Cr
ROCE14.0%17.0%17.0%18.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹141 Cr₹141 Cr₹141 Cr₹141 Cr₹141 Cr₹141 Cr
Reserves₹3.4k Cr₹3.8k Cr₹4.3k Cr₹4.8k Cr₹6.1k Cr₹6.7k Cr
Borrowings₹641 Cr₹430 Cr₹515 Cr₹765 Cr₹1.2k Cr₹1.3k Cr
Other liabilities₹1.5k Cr₹1.5k Cr₹1.9k Cr₹2.1k Cr₹3.2k Cr₹3.4k Cr
Total liabilities₹5.7k Cr₹5.9k Cr₹6.8k Cr₹7.9k Cr₹10.7k Cr₹11.6k Cr
Fixed assets₹2.6k Cr₹2.7k Cr₹3.1k Cr₹3.6k Cr₹5.2k Cr₹5.7k Cr
Capital work in progress₹96 Cr₹119 Cr₹171 Cr₹159 Cr₹648 Cr₹488 Cr
Investments₹444 Cr₹487 Cr₹672 Cr₹793 Cr₹660 Cr₹1.0k Cr
Other assets₹2.6k Cr₹2.5k Cr₹2.8k Cr₹3.3k Cr₹4.1k Cr₹4.4k Cr
Total assets₹5.7k Cr₹5.9k Cr₹6.8k Cr₹7.9k Cr₹10.7k Cr₹11.6k Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, FIIs trimmed −0.85 pp while DIIs added +0.52 pp. The shareholder count grew 6% to 90,114.

Promoters
75.0%
FIIs
12.7%
DIIs
10.1%
Public
2.2%

Since Jun 2025

  • FIIs −0.85 pp
  • DIIs +0.52 pp
  • Public +0.31 pp

How it drifted, 12 quarters

Over this window DIIs fell from 14.9% to 10.1% — −4.8 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 75.0%, FIIs 8.3%, DIIs 14.9%, Public 1.8%.Dec '23: Promoters 75.0%, FIIs 7.8%, DIIs 15.4%, Public 1.8%.Mar '24: Promoters 75.0%, FIIs 7.8%, DIIs 15.4%, Public 1.8%.Jun '24: Promoters 75.0%, FIIs 8.7%, DIIs 14.3%, Public 2.0%.Sep '24: Promoters 75.0%, FIIs 9.5%, DIIs 13.6%, Public 1.9%.Dec '24: Promoters 75.0%, FIIs 11.5%, DIIs 11.7%, Public 1.8%.Mar '25: Promoters 75.0%, FIIs 12.4%, DIIs 10.9%, Public 1.8%.Jun '25: Promoters 75.0%, FIIs 13.5%, DIIs 9.5%, Public 1.9%.Sep '25: Promoters 75.0%, FIIs 13.8%, DIIs 9.1%, Public 2.1%.Dec '25: Promoters 75.0%, FIIs 13.7%, DIIs 9.2%, Public 2.1%.Mar '26: Promoters 75.0%, FIIs 13.1%, DIIs 9.8%, Public 2.1%.Jun '26: Promoters 75.0%, FIIs 12.7%, DIIs 10.1%, Public 2.2%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 2 holders trimming and 1 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Endurance Technologies Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Anurang Jain 30.85%unchanged
Anurang Nareshchandra Jain (Held in his capacity as the family trustee of the Anurang Rohan Trust) 20.12%unchanged
Naresh Chandra (Held in his capacity as the family trustee of Anurang Rhea Trust) 12.02%unchanged
Suman Nareshchandra Jain (Held in her capacity as the family trustee of NC Trust) 12.01%unchanged
Government Of Singapore - E Sovereign5.24%−0.09 pp
Life Insurance Corporation Of India Insurer2.06%−0.24 pp
Monetary Authority of Singapore Sovereign1.42%unchanged
Nippon Life India Trustee Ltd- A/C Nippon India Growth Mid Cap Fund Mutual fund1.12%+0.08 pp
Usha Aggarwal 0.00%unchanged
Rhea Jain 0.00%unchanged
Anjali Mittal 0.00%unchanged
Gauri Rovati 0.00%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Mutual funds in ENDURANCE

Filings to Aug 2026

1 new, 6 added, 1 trimmed, 0 sold out — net +9.53 L shares (+30.9%).

Held by funds
₹1.1k Cr
14 schemes
Biggest holder
Nippon India Growth Mid Cap Fund
₹373 Cr · 0.7% of that fund
SchemeHoldingLast month
Nippon India Growth Mid Cap Fund Nippon India Mutual Fund₹373 Crheld
SBI Large and Midcap Fund SBI Mutual Fund₹264 Crnew
HDFC Multi Cap Fund HDFC Mutual Fund₹188 Crheld
HDFC Large and Mid Cap Fund HDFC Mutual Fund₹110 Crheld
SBI Automotive Opportunities Fund SBI Mutual Fund₹86 Crheld
Nippon India Vision Large & Mid Cap Fund Nippon India Mutual Fund₹57 Cr+0.30 L
Nippon India Retirement Fund - Wealth Creation Scheme Nippon India Mutual Fund₹35 Crheld
HDFC Dividend Yield Fund HDFC Mutual Fund₹12 Crheld

HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.

Mutual funds Aug 2026

6 added, 1 trimmed — net +9.53 L shares (+30.9%)

Funds are sitting on
+16%
vs est. average cost
Held by funds
₹1.1k Cr
14 schemes · ≈ 2.5% of the company
Biggest holder
Nippon India Growth Mid Cap Fund
₹373 Cr · 0.7% of that fund
Longest holder
Nippon India ETF Nifty Midcap 150
7y 8m · since Jan '19

Shares held by these funds −20%

Aug '23 30.88 L shares Jul '26

What the price assumes

Fair

To justify its price of ₹2693, this stock must grow earnings at 26% every year for 7 years. Our analysis caps realistic growth at ~29%. At that growth it is worth ₹3055 — upside of 13%.

Growth the price implies
26.0% a year
for 7 years, fading to 4%
It has actually compounded at
28.6% a year
net profit, FY23–FY26 · EPS 28.6%
The gap
-0.0 pp
13% downside if it only repeats history
Price today ₹2,692.6 Value at the reference growth ₹3,055.09

Change the assumptions yourself →

All earnings calls (7)

Read the Q1 FY27 call →

Learn to analyse Endurance Technologies Limited

Guides on how to read this kind of business and the numbers that matter.