On consolidated basis
Quarter ended June 2026 compared with Quarter ended June 2025.
Net sales (including other operating income) of Endurance Technologies has increased 30.01% to Rs 4314.89 crore. Operating profit margin has declined from 13.37% to 12.42%, leading to 20.72% rise in operating profit to Rs 535.82 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 57.15% to 60.32%. Purchase of finished goods cost fell from 0.92% to 0.52%. Employee cost decreased from 8.66% to 8.00%. Other expenses fell from 20.25% to 18.89%. Other income fell 6.31% to Rs 33.39 crore. PBIDT rose 18.71% to Rs 569.21 crore. Provision for interest rose 27.31% to Rs 17.2 crore. PBDT rose 18.46% to Rs 552.01 crore. Provision for depreciation rose 34.97% to Rs 221.93 crore. Profit before tax grew 9.45% to Rs 330.08 crore. Share of profit/loss were nil in both the periods. Provision for tax was expense of Rs 85.56 crore, compared to Rs 75.22 crore. Effective tax rate was 25.92% compared to 24.94%. Minority interest was nil in both the periods. Net profit attributable to owners of the company increased 8.03% to Rs 244.52 crore. Promoters’ stake was 75.00% as of 30 June 2026 ,compared to 75.00% as of 30 June 2025 .
Full year results analysis.
Net sales (including other operating income) of Endurance Technologies has increased 26.25% to Rs 14595.88 crore. Operating profit margin has jumped from 13.42% to 13.47%, leading to 26.73% rise in operating profit to Rs 1,965.64 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 56.20% to 57.12%. Purchase of finished goods cost fell from 0.97% to 0.92%. Employee cost decreased from 8.70% to 8.21%. Other expenses fell from 20.73% to 20.40%. Other income rose 5.98% to Rs 123.97 crore. PBIDT rose 25.27% to Rs 2089.61 crore. Provision for interest rose 22.54% to Rs 57.36 crore. Loan funds rose to Rs 1,326.66 crore as of 31 March 2026 from Rs 943.67 crore as of 31 March 2025. Inventories rose to Rs 1,165.96 crore as of 31 March 2026 from Rs 936.37 crore as of 31 March 2025. Sundry debtors were higher at Rs 1,846.59 crore as of 31 March 2026 compared to Rs 1,418.58 crore as of 31 March 2025. Cash and bank balance declined from Rs 1,018.90 crore as of 31 March 2025 to Rs 874.81 crore as of 31 March 2026. Investments rose to Rs 1,030.69 crore as of 31 March 2026 from Rs 803.61 crore as of 31 March 2025 . PBDT rose 25.35% to Rs 2032.25 crore. Provision for depreciation rose 36.29% to Rs 734.22 crore. Fixed assets increased to Rs 5,081.10 crore as of 31 March 2026 from Rs 3,902.60 crore as of 31 March 2025. Intangible assets increased from Rs 448.51 crore to Rs 1,107.55 crore. Profit before tax grew 19.91% to Rs 1,298.03 crore. Share of profit/loss were nil in both the periods. Provision for tax was expense of Rs 325.37 crore, compared to Rs 258.36 crore. Effective tax rate was 25.48% compared to 23.60%. Minority interest was nil in both the periods. Net profit attributable to owners of the company increased 13.79% to Rs 951.71 crore. Equity capital stood at Rs 140.66 crore as of 31 March 2026 to Rs 140.66 crore as of 31 March 2025. Per share face Value remained same at Rs 10.00. Promoters’ stake was 75.00% as of 31 March 2026 ,compared to 75.00% as of 31 March 2025 . Cash flow from operating activities increased to Rs 1,850.72 crore for year ended March 2026 from Rs 1,531.69 crore for year ended March 2025. Cash flow used in acquiring fixed assets during the year ended March 2026 stood at Rs 1,295.81 crore, compared to Rs 1,053.42 crore during the year ended March 2025. Other Highlights
In Q1 FY27, India contributed 72.4% of
total consolidated revenue, Europe 26.3% and Maxwell 1.3%.
In Q1 FY27, Motorcycle contributed 51.4% of
total consolidated revenue, Scooter 10.7%, 3W 7.3%, four wheelers 27% and others
3.6%.
In Q1 FY27, Die Casting contributed 44.5%
to total consolidated revenue, Suspension 24.2%, Transmission 2.8%, After Market
3.7%, Alloy Wheel 8.5%, Disc Brake 11% and others 5.3%.
Management Comments :
Mr. Anurang Jain, Managing Director of the
Company said: "Q1 FY27 has been one of the most challenging quarters,
which saw challenges of raw materials shortages, and large increase in raw
material and energy prices. However, the Indian automotive market stood out for
its resilience with two-wheeler volumes growing 23.6% YOY and passenger vehicle
volumes growing 23.0% YOY. Endurance standalone Total Income grew 35.9%,
reflecting the growth in the market, higher raw material costs passed through
and ramp-up of sales against new orders. The continuing strength in demand for
new vehicles has prompted announcement of significant capacity expansions among
major Indian two-wheeler and four-wheeler OEMs. Given our established content
on two-wheeler platforms, deepening presence in four-wheelers and the pattern
of our share of business growing with multiple OEMs, these expansions represent
a strong runway for our profitable growth. Endurance is geared up to
participate actively in this industry growth, with capabilities in terms of
production facilities, technical prowess, financial strength and management
bandwidth. In Europe, new car registrations improved across countries, growing
7.4% YOY. A significant part of this growth, however, came from Chinese OEMs,
whom we currently do not serve. Our revenue in Euro terms grew 1 %, largely in
line with the production trend of our customer base of marquee European OEMs.
European lawmakers are in the process of formulating rules for localized
content, in an effort to create a level playing ground for local manufacturers.
We will continue to keep an eye on these developments and diversify our
customer portfolio to further strengthen our position in the region."
| Endurance Technologies : Consolidated Results | | | Quarter ended | Year ended |
|---|
| Particulars | 202606 | 202506 | Var.(%) | 202603 | 202503 | Var.(%) |
|---|
| Net Sales (including other operating income) | 4,314.89 | 3,318.89 | 30.01 | 14,595.88 | 11,560.81 | 26.25 | | OPM (%) | 12.42 | 13.37 | -96 bps | 13.47 | 13.42 | 5 bps | | OP | 535.82 | 443.87 | 20.72 | 1,965.64 | 1,551.08 | 26.73 | | Other Inc. | 33.39 | 35.64 | -6.31 | 123.97 | 116.97 | 5.98 | | PBIDT | 569.21 | 479.51 | 18.71 | 2,089.61 | 1,668.05 | 25.27 | | Interest | 17.20 | 13.51 | 27.31 | 57.36 | 46.81 | 22.54 | | PBDT | 552.01 | 466.00 | 18.46 | 2,032.25 | 1,621.24 | 25.35 | | Depreciation | 221.93 | 164.43 | 34.97 | 734.22 | 538.71 | 36.29 | | PBT | 330.08 | 301.57 | 9.45 | 1298.03 | 1082.53 | 19.91 | | Share of Profit/(Loss) from Associates | 0 | 0 | - | 0 | 0 | - | | PBT before EO | 330.08 | 301.57 | 9.45 | 1298.03 | 1082.53 | 19.91 | | EO Income | 0 | 0 | - | -20.95 | 12.18 | PL | | PBT after EO | 330.08 | 301.57 | 9.45 | 1277.08 | 1094.71 | 16.66 | | Taxation | 85.56 | 75.22 | 13.75 | 325.37 | 258.36 | 25.94 | | PAT | 244.52 | 226.35 | 8.03 | 951.71 | 836.35 | 13.79 | | Minority Interest (MI) | 0 | 0 | - | 0 | 0 | - | | Net profit | 244.52 | 226.35 | 8.03 | 951.71 | 836.35 | 13.79 | | P/(L) from discontinued operations net of tax | 0 | 0 | - | 0 | 0 | - | | Net profit after discontinued operations | 244.52 | 226.35 | 8.03 | 951.71 | 836.35 | 13.79 | | EPS (Rs)* | 17.38 | 16.09 | 8.03 | 68.77 | 58.80 | 16.96 | | | * EPS is on current equity of Rs 140.66 crore, Face value of Rs 10, Excluding extraordinary items. | | # EPS is not annualised | | bps : Basis points | | EO : Extraordinary items | | Figures in Rs crore | | Source: Capitaline Corporate Database |
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