Endurance Technologies Ltd.
ENDURANCEConsumer Discretionary filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
13 transcript(s)/analyst meet(s) served; 0 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 13 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| TRANSCRIPT | 20230821 | 2023-06-30 | yes | |
| TRANSCRIPT | 20231117 | 2023-09-30 | yes | |
| TRANSCRIPT | 20240213 | 2023-12-31 | yes | |
| TRANSCRIPT | 20240524 | 2024-03-31 | yes | |
| TRANSCRIPT | 20240819 | 2024-06-30 | yes | |
| TRANSCRIPT | 20250822 | 2024-06-30 | yes | |
| TRANSCRIPT | 20241114 | 2024-09-30 | yes | |
| TRANSCRIPT | 20251120 | 2024-09-30 | yes | |
| TRANSCRIPT | 20250218 | 2024-12-31 | yes | |
| TRANSCRIPT | 20260219 | 2024-12-31 | yes | |
| TRANSCRIPT | 20250523 | 2025-03-31 | yes | |
| TRANSCRIPT | 20260522 | 2025-03-31 | yes | |
| TRANSCRIPT | 20260821 | 2026-06-30 | yes |
ENDURANCE
files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | general |
| Scope served | consolidated |
| Panels on this page | 4 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 2,663.20 |
| 52-week range | 2201.2 – 3029.5 |
| Return 1M | -10.86% |
| Return 3M | -1.33% |
| Return 1Y | -4.51% |
| Return 3Y | 67.36% |
| Return 5Y | 70.82% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 4,315.00 |
| Other income | 33.00 |
| Total income | 4,348.00 |
| Cost of materials consumed | 2,636.00 |
| Purchases of stock-in-trade | 23.00 |
| Changes in inventories | -55.00 |
| Employee benefit expense | 350.00 |
| Finance costs | 17.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.75 | 0.00 |
| institutions foreign | 0.13 | -0.00 |
| institutions domestic | 0.10 | 0.00 |
| mutual funds | 0.06 | 0.00 |
| public | 0.25 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| TRANSCRIPT | 2026-06-30 | 13 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2022-06-30 | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 2,114.00 | 2,361.00 | 2,095.00 | 2,234.00 | 2,450.00 | 2,545.00 | 2,561.00 | 2,685.00 | 2,826.00 | 2,913.00 | 2,859.00 | 3,319.00 | 3,583.00 | 3,608.00 | 4,086.00 | 4,315.00 |
| Other income | 5.00 | 8.00 | 12.00 | 21.00 | 17.00 | 16.00 | 27.00 | 27.00 | 34.00 | 27.00 | 22.00 | 36.00 | 21.00 | 37.00 | 30.00 | 33.00 |
| Total income | 2,119.00 | 2,369.00 | 2,107.00 | 2,255.00 | 2,467.00 | 2,561.00 | 2,588.00 | 2,711.00 | 2,859.00 | 2,939.00 | 2,881.00 | 3,355.00 | 3,604.00 | 3,646.00 | 4,116.00 | 4,348.00 |
| Cost of materials consumed | 1,317.00 | 1,450.00 | 1,265.00 | 1,288.00 | 1,435.00 | 1,501.00 | 1,537.00 | 1,450.00 | 1,617.00 | 1,708.00 | 1,592.00 | 1,949.00 | 2,070.00 | 2,121.00 | 2,271.00 | 2,636.00 |
| Purchases of stock-in-trade | 37.00 | 23.00 | 31.00 | 12.00 | 30.00 | 45.00 | 46.00 | 20.00 | 38.00 | 37.00 | 13.00 | 31.00 | 19.00 | 54.00 | 31.00 | 23.00 |
| Changes in inventories | -77.00 | -3.00 | -41.00 | 26.00 | -16.00 | -14.00 | -44.00 | 61.00 | -29.00 | -62.00 | 27.00 | -91.00 | -36.00 | -81.00 | 80.00 | -55.00 |
| Employee benefit expense | 187.00 | 174.00 | 193.00 | 209.00 | 219.00 | 212.00 | 222.00 | 227.00 | 250.00 | 242.00 | 252.00 | 295.00 | 297.00 | 305.00 | 311.00 | 350.00 |
| Finance costs | 2.00 | 6.00 | 5.00 | 8.00 | 9.00 | 10.00 | 11.00 | 13.00 | 11.00 | 12.00 | 11.00 | 14.00 | 14.00 | 15.00 | 15.00 | 17.00 |
| Depreciation and amortisation | 99.00 | 99.00 | 102.00 | 122.00 | 113.00 | 118.00 | 114.00 | 128.00 | 129.00 | 131.00 | 136.00 | 164.00 | 180.00 | 178.00 | 212.00 | 222.00 |
| Other expenses | 410.00 | 444.00 | 407.00 | 414.00 | 461.00 | 483.00 | 501.00 | 537.00 | 575.00 | 606.00 | 603.00 | 690.00 | 756.00 | 733.00 | 825.00 | 826.00 |
| Total expenses | 1,975.00 | 2,194.00 | 1,962.00 | 2,078.00 | 2,251.00 | 2,355.00 | 2,387.00 | 2,436.00 | 2,591.00 | 2,673.00 | 2,635.00 | 3,053.00 | 3,300.00 | 3,324.00 | 3,745.00 | 4,018.00 |
| Profit before exceptional items and tax | 143.00 | 175.00 | 145.00 | 177.00 | 216.00 | 206.00 | 201.00 | 275.00 | 268.00 | 266.00 | 247.00 | 302.00 | 304.00 | 322.00 | 371.00 | 330.00 |
| Exceptional items | -10.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -21.00 | 0.00 | 0.00 |
| Profit before tax | 133.00 | 175.00 | 145.00 | 177.00 | 216.00 | 206.00 | 201.00 | 275.00 | 268.00 | 266.00 | 247.00 | 302.00 | 304.00 | 301.00 | 371.00 | 330.00 |
| Current tax | 35.00 | 48.00 | 32.00 | 34.00 | 54.00 | 53.00 | 49.00 | 41.00 | 68.00 | 67.00 | 64.00 | 79.00 | 80.00 | 89.00 | 77.00 | 89.00 |
| Deferred tax | -6.00 | -5.00 | 4.00 | 6.00 | -1.00 | -2.00 | -0.00 | 23.00 | -4.00 | -4.00 | -2.00 | -4.00 | -3.00 | -10.00 | 17.00 | -3.00 |
| Tax expense | 30.00 | 43.00 | 37.00 | 40.00 | 52.00 | 51.00 | 48.00 | 65.00 | 64.00 | 63.00 | 62.00 | 75.00 | 77.00 | 79.00 | 94.00 | 86.00 |
| Profit for the period | 103.00 | 131.00 | 108.00 | 136.00 | 164.00 | 155.00 | 152.00 | 210.00 | 204.00 | 203.00 | 184.00 | 226.00 | 227.00 | 222.00 | 276.00 | 245.00 |
| Profit attributable to owners | 103.00 | 131.00 | 108.00 | 136.00 | 164.00 | 155.00 | 152.00 | 210.00 | 204.00 | 203.00 | 184.00 | 226.00 | 227.00 | 222.00 | 276.00 | 245.00 |
| Profit attributable to non-controlling interests | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other comprehensive income | -7.00 | -27.00 | 134.00 | 2.00 | 3.00 | -44.00 | 61.00 | -38.00 | -21.00 | 65.00 | -91.00 | 164.00 | 63.00 | 27.00 | 57.00 | 1.00 |
| Total comprehensive income | 96.00 | 104.00 | 242.00 | 138.00 | 167.00 | 111.00 | 213.00 | 173.00 | 182.00 | 268.00 | 93.00 | 391.00 | 290.00 | 249.00 | 334.00 | 245.00 |
| Earnings per share, basic | 7.35 | 9.35 | 7.69 | 9.70 | 11.62 | 10.99 | 10.83 | 14.94 | 14.49 | 14.43 | 13.11 | 16.09 | 16.16 | 15.76 | 19.65 | 17.38 |
| Earnings per share, diluted | 7.35 | 9.35 | 7.69 | 9.70 | 11.62 | 10.99 | 10.83 | 14.94 | 14.49 | 14.43 | 13.11 | 16.09 | 16.16 | 15.76 | 19.65 | 17.38 |
Annual results, as filed
| Line | 2018-03-31 | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 6,666.00 | 7,510.00 | 6,918.00 | 6,547.00 | 7,549.00 | 8,804.00 | 10,241.00 | 14,596.00 |
| Other income | 24.00 | 27.00 | 48.00 | 31.00 | 41.00 | 45.00 | 86.00 | 124.00 |
| Total income | 6,690.00 | 7,538.00 | 6,965.00 | 6,578.00 | 7,590.00 | 8,849.00 | 10,326.00 | 14,720.00 |
| Cost of materials consumed | 3,854.00 | 4,328.00 | 3,705.00 | 3,498.00 | 4,428.00 | 5,320.00 | 5,923.00 | 8,411.00 |
| Purchases of stock-in-trade | 9.00 | 23.00 | 28.00 | 90.00 | 86.00 | 104.00 | 141.00 | 136.00 |
| Changes in inventories | -18.00 | -1.00 | 3.00 | -17.00 | -95.00 | -95.00 | -13.00 | -129.00 |
| Employee benefit expense | 581.00 | 653.00 | 677.00 | 676.00 | 694.00 | 764.00 | 880.00 | 1,209.00 |
| Finance costs | 24.00 | 26.00 | 18.00 | 14.00 | 6.00 | 21.00 | 43.00 | 57.00 |
| Depreciation and amortisation | 322.00 | 376.00 | 414.00 | 399.00 | 382.00 | 422.00 | 474.00 | 734.00 |
| Other expenses | 1,313.00 | 1,380.00 | 1,374.00 | 1,260.00 | 1,470.00 | 1,675.00 | 1,982.00 | 3,004.00 |
| Total expenses | 6,083.00 | 6,784.00 | 6,219.00 | 5,920.00 | 6,973.00 | 8,210.00 | 9,430.00 | 13,422.00 |
| Profit before exceptional items and tax | 606.00 | 754.00 | 747.00 | 658.00 | 618.00 | 640.00 | 897.00 | 1,298.00 |
| Exceptional items | -27.00 | -21.00 | 0.00 | -11.00 | -31.00 | -10.00 | 0.00 | -21.00 |
| Profit before tax | 579.00 | 733.00 | 747.00 | 647.00 | 586.00 | 629.00 | 897.00 | 1,277.00 |
| Current tax | 179.00 | 235.00 | 187.00 | 156.00 | 147.00 | 150.00 | 197.00 | 325.00 |
| Deferred tax | 10.00 | 3.00 | -6.00 | -29.00 | -22.00 | -1.00 | 19.00 | 0.00 |
| Tax expense | 189.00 | 238.00 | 181.00 | 127.00 | 125.00 | 150.00 | 216.00 | 325.00 |
| Profit for the period | 391.00 | 495.00 | 566.00 | 520.00 | 461.00 | 480.00 | 680.00 | 952.00 |
| Profit attributable to owners | 391.00 | 495.00 | 566.00 | 520.00 | 461.00 | 480.00 | 680.00 | 952.00 |
| Profit attributable to non-controlling interests | 0.00 | 0.00 | 0.00 | -0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other comprehensive income | 95.00 | -35.00 | 62.00 | 36.00 | -18.00 | 100.00 | -17.00 | 312.00 |
| Total comprehensive income | 486.00 | 460.00 | 628.00 | 556.00 | 442.00 | 580.00 | 664.00 | 1,264.00 |
| Earnings per share, basic | 27.78 | 35.19 | 40.20 | 36.95 | 32.75 | 34.09 | 48.38 | 67.66 |
| Earnings per share, diluted | 27.78 | 35.19 | 40.20 | 36.95 | 32.75 | 34.09 | 48.38 | 67.66 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|
| Total assets | 6,507.00 | 6,802.00 | 7,437.00 | 7,886.00 | 8,510.00 | 10,652.00 | 11,627.00 |
| Non-current assets | 3,239.00 | 3,611.00 | 3,744.00 | 4,096.00 | 4,286.00 | 5,991.00 | 6,280.00 |
| Current assets | 3,268.00 | 3,192.00 | 3,683.00 | 3,779.00 | 4,213.00 | 4,661.00 | 5,348.00 |
| Property, plant and equipment | 2,439.00 | 2,635.00 | 2,694.00 | 3,134.00 | 3,365.00 | 4,153.00 | 4,594.00 |
| Capital work-in-progress | 141.00 | 168.00 | 318.00 | 157.00 | 189.00 | 648.00 | 487.00 |
| Goodwill | 369.00 | 390.00 | 387.00 | 392.00 | 411.00 | 707.00 | 729.00 |
| Other intangible assets | 113.00 | 118.00 | 109.00 | 104.00 | 99.00 | 367.00 | 378.00 |
| Inventories | 833.00 | 821.00 | 917.00 | 872.00 | 1,013.00 | 1,201.00 | 1,166.00 |
| Trade receivables | 1,166.00 | 1,162.00 | 1,298.00 | 1,262.00 | 1,677.00 | 1,733.00 | 1,847.00 |
| Cash and cash equivalents | 445.00 | 288.00 | 383.00 | 505.00 | 454.00 | 597.00 | 875.00 |
| Total equity and liabilities | 6,507.00 | 6,802.00 | 7,437.00 | 7,886.00 | 8,510.00 | 10,652.00 | 11,627.00 |
| Equity | 4,031.00 | 4,412.00 | 4,591.00 | 4,977.00 | 5,309.00 | 6,258.00 | 6,841.00 |
| Equity share capital | 141.00 | 141.00 | 141.00 | 141.00 | 141.00 | 141.00 | 141.00 |
| Other equity | 3,890.00 | 4,271.00 | 4,451.00 | 4,837.00 | 5,168.00 | 6,117.00 | 6,700.00 |
| Total liabilities | 2,476.00 | 2,390.00 | 2,846.00 | 2,908.00 | 3,201.00 | 4,394.00 | 4,787.00 |
| Non-current liabilities | 491.00 | 460.00 | 626.00 | 671.00 | 651.00 | 1,194.00 | 1,343.00 |
| Current liabilities | 1,985.00 | 1,931.00 | 2,221.00 | 2,237.00 | 2,550.00 | 3,200.00 | 3,444.00 |
| Borrowings, non-current | 332.00 | 297.00 | 460.00 | 497.00 | 476.00 | 810.00 | 907.00 |
| Borrowings, current | 319.00 | 218.00 | 233.00 | 269.00 | 286.00 | 419.00 | 420.00 |
| Trade payables | 1,410.00 | 1,426.00 | 1,587.00 | 1,604.00 | 1,883.00 | 2,106.00 | 2,369.00 |
Cash flow, as filed
| Line | 2022-03-31 | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | 742.00 | 243.00 | 862.00 | 455.00 | 1,057.00 | 440.00 | 656.00 | 1,851.00 |
| Net cash from investing activities | -550.00 | -336.00 | -905.00 | -430.00 | -945.00 | -312.00 | -850.00 | -1,781.00 |
| Net cash from financing activities | -302.00 | 135.00 | -72.00 | 71.00 | 105.00 | -179.00 | -228.00 | -214.00 |
| Purchase of property, plant and equipment | 529.00 | 243.00 | 636.00 | 298.00 | 835.00 | 443.00 | 688.00 | 1,296.00 |
| Net increase in cash | -111.00 | 43.00 | -115.00 | 95.00 | 217.00 | -50.00 | -422.00 | -144.00 |
| con:CFO.BEFORE_TAX | 896.00 | 309.00 | 1,029.00 | 492.00 | 1,238.00 | 552.00 | 758.00 | 2,157.00 |
| con:INTEREST_RECEIVED.OPERATING | -0.00 | -1.00 | -2.00 | -1.00 | -3.00 | 0.00 | 0.00 | -6.00 |
| con:INTEREST_PAID.OPERATING | -6.00 | -7.00 | -20.00 | -19.00 | -42.00 | 0.00 | 0.00 | 0.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | -1.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 160.00 | 72.00 | 185.00 | 55.00 | 219.00 | 112.00 | 102.00 | 301.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 26.00 | 0.00 | 175.00 | 130.00 | 122.00 | 2.00 | 0.00 | 209.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 120.00 | 152.00 | 0.00 |
| con:PPE_DISPOSALS | 9.00 | 5.00 | 15.00 | 4.00 | 15.00 | 5.00 | 7.00 | 40.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 5.00 | 98.00 | 111.00 | 7.00 | 7.00 | -4.00 | 322.00 | 322.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 75.00 | 75.00 | 75.00 | 75.00 | 75.00 | 75.00 | 75.00 | 75.00 | 75.00 | 75.00 | 0.75 | 0.75 | 0.75 | 0.75 |
| Domestic institutions | 15.54 | 15.91 | 14.90 | 15.40 | 15.44 | 14.35 | 13.57 | 11.74 | 10.89 | 9.54 | 0.09 | 0.09 | 0.10 | 0.10 |
| Mutual funds | — | — | — | — | — | — | — | — | — | 5.33 | 0.05 | 0.06 | 0.06 | 0.06 |
| Insurance companies | 6.08 | 6.72 | 5.99 | 6.52 | 6.29 | 5.04 | 4.81 | 4.28 | 4.28 | 3.81 | 0.03 | 0.03 | 0.03 | 0.03 |
| Foreign institutions | 7.65 | 7.34 | 8.31 | 7.82 | 7.79 | 8.66 | 9.54 | 11.50 | 12.36 | 13.54 | 0.14 | 0.14 | 0.13 | 0.13 |
| Public | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 0.25 | 0.25 | 0.25 | 0.25 |
| Non-institutional | 1.81 | 1.74 | 1.79 | 1.77 | 1.77 | 1.99 | 1.89 | 1.76 | 1.74 | 1.92 | 0.02 | 0.02 | 0.02 | 0.02 |
| Shares outstanding | 140662848 | 140662848 | 140662848 | 140662848 | 140662848 | 140662848 | 140662848 | 140662848 | 140662848 | 140662848 | 140662848 | 140662848 | 140662848 | 140662848 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| Mr. Anurang Jain | Key Managerial Personnel | Any other transaction, Dividend paid, Remuneration | 404,350,000.00 | 3 |
| Endurance Overseas Srl | Subsidiary | Interest paid, Investment, Loan, Purchase of fixed a | 258,360,000.00 | 5 |
| Mr. Anurang Jain (as family trustee of Anurang Rohan Trust) | Key Managerial Personnel | Dividend paid | 240,550,000.00 | 1 |
| Maxwell Energy Systems Private Limited | Subsidiary | Any other transaction, Interest received, Investment | 177,810,000.00 | 8 |
| Mr. Naresh Chandra (as family trustee of Anurang Rhea Trust) | Relatives of Key Managerial Person | Dividend paid | 143,740,000.00 | 1 |
| Mrs. Suman Jain (as family trustee of NC Trust) | Relatives of Key Managerial Person | Dividend paid | 143,570,000.00 | 1 |
| Mr. Massimo Venuti | Key Managerial Personnel | Any other transaction, Remuneration | 116,600,000.00 | 2 |
| Endurance Adler SpA | Wholly owned subsidiary of Enduran | Interest received, Purchase of goods or services, Sa | 43,350,000.00 | 3 |
| Ingenia Automation Srl | Wholly owned subsidiary of Enduran | Advance | 30,130,000.00 | 1 |
| Mr. Satrajit Ray | Key Managerial Personnel | Any other transaction, Remuneration | 13,640,000.00 | 3 |
| Mr. Ramesh Gehaney | Key Managerial Personnel | Any other transaction, Remuneration | 12,410,000.00 | 2 |
| Mrs. Varsha Jain | Key Managerial Personnel | Dividend paid, Remuneration | 10,310,000.00 | 2 |
| Mr. Rajendra Abhange | Key Managerial Personnel | Any other transaction, Remuneration | 8,240,000.00 | 2 |
| Mr. Sunil Lalai | Key Managerial Personnel of listed | Remuneration | 8,050,000.00 | 1 |
| Ms. Rhea Jain | Relatives of Key Managerial Person | Any other transaction, Dividend paid, Remuneration | 6,630,000.00 | 3 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-08-21 | Q1FY27 | Read the call | |
| 2026-05-22 | Q4FY25 | ENDURANCE TECHNOLOGIES LIMITED, FINANCIAL OFFICER, ENDURANCE TECHNOLOGIES, OPERATING OFFIC | Read the call |
| 2026-02-19 | Q3FY25 | ENDURANCE TECHNOLOGIES LIMITED, FINANCIAL OFFICER, ENDURANCE TECHNOLOGIES, OPERATING OFFIC | Read the call |
| 2025-11-20 | Q2FY25 | ENDURANCE TECHNOLOGIES LIMITED, FINANCIAL OFFICER, ENDURANCE TECHNOLOGIES, OPERATING OFFIC | Read the call |
| 2025-08-22 | Q1FY25 | ENDURANCE TECHNOLOGIES LIMITED, LIMITED | Read the call |
| 2025-05-23 | Q4FY25 | ENDURANCE TECHNOLOGIES LIMITED, FINANCIAL OFFICER, ENDURANCE TECHNOLOGIES, OPERATING OFFIC | Read the call |
| 2025-02-18 | Q3FY25 | EXECUTIVE OFFICER, ENDURANCE OVERSEAS,, LIMITED | Read the call |
| 2024-11-14 | Q2FY25 | LIMITED, OFFICER, ENDURANCE OVERSEAS, ENDURANCE | Read the call |
| 2024-08-19 | Q1FY25 | Officer, Endurance Technologies Limited, Technologies Limited | Read the call |
| 2024-05-24 | Q4FY24 | Endurance Technologies Limited, Officer, Endurance Technologies Limited | Read the call |
| 2024-02-13 | Q3FY24 | Technologies Limited | Read the call |
| 2023-11-17 | Q2FY24 | Technologies Limited | Read the call |
| 2023-08-21 | Q1FY24 | Endurance Technologies Limited, Officer,, Officer, Endurance Technologies Limited, Oversea | Read the call |
What they said about it, quarter by quarter
| Topic | Q1FY25 | Q1FY27 | Q2FY24 | Q2FY25 | Q3FY24 | Q3FY25 | Q4FY24 | Q4FY25 |
|---|---|---|---|---|---|---|---|---|
| Capex | We are planning to set-up a new plant for disc brake assembly including for master cylinder, caliper, brake disc and brake hoses in Chennai, where we … | This new plant is in close proximity to certain prominent OEMs, enabling us to serve them better while also lowering our freight costs. | — | 606 crores for CAPEX incurred till September 2025. | Such new capacity creation needs capital expenditure and space in our factories. | This new press, along with our four existing presses, will be housed in a new plant at Waluj, Chh. | We have already started the disc brake assembly supplies to Hero MotoCorp from April 2024 and the supplies to HMSI will start from Q3 FY25. With this … | The upcoming ring road which will connect AURIC Shendra to AURIC Bidkin areas where one each of our new plants is being set up in Q2 of this financial… |
| Capital allocation | As informed in the previous call, we completed the acquisition of the 60% stake in the Stöferle entities in Germany in the beginning of Q1. Stöferle h… | This was a very important acquisition because we are speaking about a component as it is for a transmission component of a hybrid vehicle of Mercedes. | — | As informed in the previous calls, we completed the acquisition of the 60% stake in Stöferle entities in Germany in the beginning of Q1 of this financ… | Maxwell’s acquisition is a part of our EV journey which might get delayed but the volume, especially scooters and three wheelers is really going to in… | First, I would like to touch upon our acquisition of Stöferle in Germany: Endurance Technologies Limited February 13, 2025 You must have read the anno… | We are considering possible acquisition in order to grow. | I informed you last quarter about the acquisition of Stöferle entities in Germany, where we required statutory approvals. |
| Costs | But is that partly because of aluminum cost inflation or it is because of strong growth in the business? | I would like to mention some of the key factors in Q1 on raw materials. | — | Endurance Technologies Limited November 07, 2024 Our raw material cost has gone up by 15.2%. | We are looking at the orders which we have won and will peak in FY26. As the sales grow, we get into better products with lower raw material percentag… | — | — | In the current geopolitical and economic environment arising out of the Middle East situation, efficient management of operations required closer coor… |
| Debt and cash | There was no consolidated net debt and the company had a net cash available of Rs. | — | — | — | — | But I want to underline that despite the acquisition of Stöferle on 1st of April 2025, we continue to be net debt-free. | There was no net debt and there was a consolidated positive cash available which has crossed the Rs.5 billion mark and it stood at Rs.5.044 billion. | The issue happens in the proprietary products and now with Bajaj like I said with a quarter lag, which has impacted a bit of our cash flow also, is th… |
| Demand | We have recently installed additional end-of-the-line testing lines and in due course, 2 new high-speed surface-mounted technology lines will also be … | The reason for the decrease from 12 lakhs to 9 lakhs units of ABS is due to the strong demand in the brake assembly system business. | — | The festive season demand was met by products rolling out of our highly automated surface-mounted technology line at Chhatrapati Sambhajinagar, where … | If you look at the current ramp-up of order book, peak business is in FY25. So how do we see growth from FY26 onwards, which would be the key segments… | Global growth in 2026 is expected to be more moderate due to softer demand in advanced economies and slower trade expansion amid ongoing geopolitical … | At Maxwell, we have won battery management system business of Rs.793 million in FY24 and have a pipeline of RFQs of more than Rs.1 billion. | The total order book for the AURIC Shendra plant stands at Rs. |
| Guidance | Our single-channel ABS has been on the road since 2021 and our dual-channel ABS final samples have been sent to Royal Enfield and Bajaj, and we expect… | SOP will start in September 2026 and we expect significant pickup in this business by Q4 FY 27. | — | Since ABS was already mandatory for more than 125cc two-wheelers, we expect much of the incremental demand to come from 125cc or lower two-wheelers wi… | Are we expecting to take longer time for us to get orders from Bajaj for BMS? | Since ABS is already mandatory for more than 125 cc two-wheelers, we expect the incremental demand to come largely from the 125 cc and below segments,… | We are optimistic for the future and we expect increase of volumes in the next financial year, considering business acquired in the last few years. | We expect to start supplies of inverted front forks and rear mono- shocks in a small way from June of this year, which is next month. |
| Margin | Unfortunately, the commodity inflation-based total income increase had a negative impact on our percentage margins, which is evident in the 0.5% drop … | In our Indian operations, our focus is to look at our core capabilities, including manufacturing, technology, and innovation, and accordingly look at … | The second question would be the normal figures that you share on revenue and EBITDA for the European operations in Euro terms? | The EBITDA drop of 1.16% on total income is largely contributed by raw material cost increase led by aluminum alloy, which forms 55% of the total raw … | Endurance Technologies Limited February 07, 2024 Without mega project incentive, the EBITDA was at Rs. | To help increase our profit margin on ABS, the electronic control unit or the ECU, in- house SOP for the single channel ABS is expected to begin in Q1… | Consolidated EBITDA grew by 30.7% and was Rs. | From a backward integration and profit margin perspective, we have started in-house SOP of the electronic control units for single-channel ABS. |
| People | Further, this is the period where we are investing in our future, and along with the lands, factories, and assets, we are also hiring the talent requi… | And what would be the utilisation level right now? | — | We will reach full capacity utilization in the second year. | — | On talent acquisition, we are focusing on strategic workforce planning at all levels with a focus on gender diversity, which is at 20% of our total hi… | — | We continue to drive strategic workforce planning with women now comprising 8% of our hiring, reflecting ongoing commitment to diversity with a target… |
| Pricing | And so, at present, we feel it's a tenfold opportunity for us to go to at least 6.4 million, and then looking at technology and pricing, | — | So we have value engineered that front fork, and the pricing is much better compared to a normal front fork. | So, we will slowly ramp-up based on our technical capabilities and competitive pricing. | — | When I talked about ABS and the Brake Systems pricing, I had considered some other items and I took mainly for bikes of higher cc. | May 17, 2024 complex, which need technology and where pricing is better. | May 15, 2026 While end users look for more options, OEMs have targeted higher market share by way of product launches and pricing actions, even as the… |
| Revenue growth | August 14, 2025 impact of the Stöferle acquisition, our top line in Europe grew by 0.6%. | During Q1 of FY 27, the company recorded a standalone total income of ₹ 3,194.15 crores, a year-on-year growth of 35.9% from ₹ 2,350.7 crores in the p… | If you have to compare Q1 to Q2, you will see a lower growth this quarter, because our growth was very high in Q1, and mega project incentives were al… | Endurance in its standalone financials for Q2 FY 26 saw a year-on-year growth of 16.2%. | In Q3, motorcycle growth was very high at 16.16%, scooters growth was 24.48% including EVs, and 18.74% growth in total two wheelers. | In the period FY19 to FY 25, the share of the 75-100 cc vehicles dropped by 19%, while the 110-125 cc two-wheeler category recorded a growth of 14.5%. | The automotive industry in India had a growth of 20.5%. b. | In our standalone financials for the quarter, Endurance has seen a total income Q 4 FY 25 year- on-year growth of 8.4%. |
What they said they would do
Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.
| Date | Quarter | Who | What they said |
|---|---|---|---|
| 2025-11-20 | Q2FY25 | ENDURANCE TECHNOLOGIES LIMITED | We expect to win more than Rs 1,500 crores of business in the next 12 to 18 months. |
| 2026-02-19 | Q3FY25 | ENDURANCE TECHNOLOGIES LIMITED | We expect to win more than ₹ 1,500 crores of business in the next 12 to 18 months. |