Endurance Technologies Reports Strong Q2 Growth with 22.6% Revenue Jump
Endurance Technologies, an automotive component manufacturer, reported robust Q2 results. Consolidated total income increased by 22.6% to Rs 3,603.79 crore, EBITDA grew 21.9% to Rs 498.00 crore, and PAT rose 12% to Rs 227.27 crore. The company outperformed industry growth in India and showed strong performance in European operations. Strategic developments include the acquisition of Maxwell Energy Systems, expansion in Germany through Stöferle entities, and focus on EV-related products. Management highlighted ongoing R&D expansion, cost optimization initiatives, and strategic manufacturing facility placement.

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Endurance Technologies Limited , a leading automotive component manufacturer, has reported robust financial results for the second quarter ended September 30, demonstrating significant growth across key metrics.
Financial Highlights
- Consolidated total income, including other income, surged by 22.6% year-over-year to Rs 3,603.79 crore in Q2, compared to Rs 2,939.18 crore in the same quarter of the previous year.
- EBITDA showed impressive growth of 21.9%, reaching Rs 498.00 crore, up from Rs 409.00 crore in the same quarter last year.
- Profit after tax (PAT) increased by 12% to Rs 227.27 crore, compared to Rs 202.98 crore in the corresponding quarter.
- The company maintained a healthy EBITDA margin of 13.8%, slightly lower than the 13.9% reported in the corresponding quarter of 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 in Q2, Endurance's standalone business recorded a topline growth of 16.2%.
The company's European operations also showed strong performance. Despite certain key countries like France and Italy reporting de-growth in new car registrations, Endurance's topline grew. With the consolidation of Stöferle entities in Germany, the European business grew by 32.5% in Euro terms.
Strategic Developments
Acquisition: On May 16, Endurance completed the acquisition of the remaining 38.50% stake in Maxwell Energy Systems Private Limited, making it a wholly-owned subsidiary.
European Expansion: Endurance Overseas SpA, Italy, acquired a 60% stake in Stöferle Automotive GmbH and Stöferle GmbH in Germany. This acquisition, completed on April 2, has contributed to the group's financial results from that date.
Product Portfolio Expansion: The company has been focusing on expanding its product portfolio, particularly in the electric vehicle (EV) segment. In the first half of the fiscal year, EV-related orders accounted for 30% of the total orders received, excluding those from Bajaj Auto and battery-pack orders.
Management Commentary
Anurang Jain, Managing Director of Endurance Technologies, commented on the results: "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 strategic approach to manufacturing facilities: "For large volume business, we evaluate and if required, we set up manufacturing facilities in close proximity to our customers. This helps us service the customers better, save on freight costs and diversify geographically. Our decision to put up a brakes plant near Chennai is a step in this direction."
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.
Historical Stock Returns for Endurance Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.07% | +0.50% | +2.29% | +39.08% | +18.17% | +178.24% |












































