Endurance Technologies Reports 22.6% Revenue Growth in Q2 FY26, EBITDA Up 21.9%

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

Metric	Q2 FY26	Q2 FY25	Change
EBITDA	Rs 498.00 crore	Rs 409.00 crore	Up 21.9%
EBITDA Margin	13.8%	13.9%	Slightly lower
Profit Before Tax (PBT)	Rs 304.00 crore	-	Up 14.4% YoY
Profit After Tax (PAT)	Rs 227.00 crore	Rs 203.00 crore	Up 12.0%
PAT Margin	6.3%	6.9%	Lower

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

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.
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.
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.
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.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.65%	+0.78%	-8.19%	+15.99%	+15.14%	+132.81%

Endurance Technologies Limited , a leading automotive component manufacturer, has reported a robust financial performance for the second quarter of fiscal year 2025-26, with significant expansion plans in the electric vehicle (EV) component segment.

Financial Highlights

For the quarter ended September 30, 2025, Endurance Technologies posted the following consolidated results:

Total income, including other income, increased by 22.6% year-over-year to ₹3,604.00 crore.
EBITDA grew by 21.9% to ₹498.00 crore, maintaining a healthy EBITDA margin of 13.8%.
Profit after tax (PAT) rose by 12.0% to ₹227.00 crore.

Expansion and Growth Initiatives

The company outlined several key expansion plans focused on EV-ready auto components and aluminum die-casting capacity:

Investment in lightweight solutions for global original equipment manufacturers (OEMs).
Development of a capital expenditure plan to support growth in European and Indian markets.
Setting up a new plant at AURIC Shendra in Chh. Sambhajinagar, focused on machined castings for four-wheelers and non-automotive sectors, with start of production expected in Q4 FY26.
Establishment of a lithium-ion battery pack plant in Pune, also slated to begin operations in Q4 FY26.
Commencement of production at the Alloy Wheel plant in AURIC Bidkin in October 2025, with a fully booked capacity of 3.6 million wheels per annum.

EV Component Focus

Endurance Technologies is strategically positioning itself in the growing EV market:

The company reported new business wins worth ₹909.00 crore in India for FY26, including ₹300.00 crore for battery-pack production.
In Europe, the company secured new orders worth €12.70 million.
EV-related orders constituted 30% of total new orders in H1 FY26, excluding orders from Bajaj Auto and battery-pack orders.

Operational Highlights

The aftermarket sales from Indian operations stood at ₹243.00 crore, compared to ₹230.00 crore in the corresponding period last year.
The company's European operations grew by 32.5% in Euro terms, bolstered by the consolidation of Stöferle entities in Germany.

Management Commentary

Anurang Jain, Managing Director of Endurance Technologies, stated, "Our topline growth of 16.2% in the standalone business outperformed the industry. We are expanding and modernizing our R&D centers to ensure well-designed, tested, and validated products for our customers. Our operations are geared up to deliver goods on time and with consistent quality."

Future Outlook

Endurance Technologies is well-positioned to capitalize on the growing demand for EV components and lightweight automotive solutions. The company's strategic investments in new plants and technologies, coupled with its strong financial performance, indicate a positive outlook for future growth in both domestic and international markets.

About Endurance Technologies Limited

Endurance Technologies is a diversified automotive component manufacturer with operations in India and Europe. The company offers a wide range of products including aluminum castings, suspensions, transmissions, braking systems, and battery management systems for two and three-wheeler OEMs in India, and aluminum castings for four-wheeler OEMs in Europe.