Endurance Technologies Limited , a leading automotive component manufacturer, has reported strong financial results for the second quarter of fiscal year 2026. The company's consolidated total income, including other income, grew by 22.6% year-on-year to Rs 3,604.00 crore in Q2 FY26, compared to Rs 2,939.00 crore in the same quarter last year.

Financial Highlights

Operational Performance

The company's standalone business, representing its Indian operations, grew by 16.2% year-on-year, outperforming the overall two-wheeler industry growth of 10.3% during the quarter. Endurance's European operations, including the recently acquired Stöferle entities in Germany, reported a significant growth of 32.5% in Euro terms.

Key Developments

1. Acquisition: Endurance completed the acquisition of the remaining 38.50% stake in Maxwell Energy Systems Pvt. Ltd. on May 16, 2025, making it a wholly-owned subsidiary.

2. European Expansion: The company finalized the allocation of the purchase consideration for the acquisition of a 60% stake in Stöferle Automotive GmbH and Stöferle GmbH in Germany, recognizing goodwill of €32.30 million.

3. New Orders: The company secured new orders worth Rs 909.00 crore in India during H1 FY26, including Rs 300.00 crore for battery packs. Additionally, it won business worth €12.70 million in Europe.

4. Capacity Expansion:

   • Production commenced at the new Alloy Wheel plant in AURIC Bidkin with a capacity of 3.60 million wheels per annum.
   • Setting up a lithium-ion battery pack plant in Pune, expected to start operations in Q4 FY26.
   • Establishing additional capacities for ABS and Disc Brakes in Waluj and Chennai.

Management Commentary

Anurang Jain, Managing Director of Endurance Technologies, stated, "Our R&D centers are being expanded and modernized to ensure that the product offered to customers is well-designed, tested and validated. We are engaged in cost optimization initiatives such as backward integration. Some of the resultant benefits are passed on to customers, leading to a long-term competitive advantage."

He also highlighted the company's strategy of setting up manufacturing facilities in close proximity to customers for large volume business, citing the decision to establish a brakes plant near Chennai as an example of this approach.

Outlook

Endurance Technologies continues to focus on expanding its product portfolio, particularly in the electric vehicle (EV) segment. The company is actively pursuing leads worth Rs 137.00 crore in the embedded electronics space and is engaging with three OEMs for further orders in the new energy battery pack segment.

With a strong order book, strategic acquisitions, and ongoing capacity expansions, Endurance Technologies appears well-positioned to capitalize on the growth opportunities in both the domestic and international automotive component markets.

The company's ability to outperform industry growth rates, coupled with its focus on R&D and customer-centric manufacturing strategies, suggests a positive outlook for the coming quarters, despite slight margin pressures observed in the current results.

Endurance Technologies Limited , a leading automotive component manufacturer, has reported strong financial results for the half year ended September 30, 2025, demonstrating significant growth across key metrics.

Financial Highlights

• Consolidated total income grew by 20.0% year-on-year for the half year ended September 30, 2025.
• The company's standalone business, representing India operations, grew 13.3%.
• Consolidated Profit After Tax (PAT) increased 11.5% to INR 454.00 crore compared to the previous year.
• The company's consolidated EBITDA margin was 14.0% versus 14.1% last year.
• Consolidated basic and diluted EPS stood at INR 32.25 per share compared to INR 28.92 per share in the previous year.

Operational Performance

Endurance Technologies outperformed the overall industry growth in India. While the two-wheeler sales volumes in India grew by 10.3% year-over-year, Endurance's standalone business recorded a topline growth of 16.2%.

The company's European operations also showed strong performance. The growth in European operations was largely attributed to the acquisition of Stoferle entities in Germany.

Business Segment Contribution

Aftermarket sales from Indian operations reached INR 243.00 crore versus INR 230.00 crore in the corresponding period last year.

Management Commentary

Anurang Jain, Managing Director of Endurance Technologies, commented on the results: "Endurance outperformed industry growth, recording 16.2% topline growth in standalone business while Indian two-wheeler volumes grew 10.3% year-on-year."

Endurance Technologies continues to demonstrate its resilience and adaptability in a dynamic automotive market, leveraging its technological capabilities and strategic expansions to drive growth across both domestic and international operations.