| Revenue growth | Consolidated total income +34% YoY in Q2 |
|---|---|
| Margins | Consol EBITDA 12.1% vs 13.8%; metal costs hurt |
| Order book | H1 India wins Rs801 Cr; Europe EUR28m; excludes Bajaj |
| Demand visibility | Rs3,650 Cr RFQs; EV and non-auto pipeline strong |
| Management confidence | No explicit guidance; upbeat on order momentum |
Growth
Q2 consolidated income +34%, EBITDA +17%, PAT +21%. H1 income +32%, PAT +14%. Q2 includes Rs40 Cr standalone incentive.
Outlook
H1 order wins Rs801 Cr; Rs3,650 Cr RFQs pending. 4W battery pack SOP H1FY28. ICE share to 25% by FY28.
Risks
Metal prices cut standalone margin ~120bps. Accelerated depreciation on phased-out Europe OEM programmes (Rs31 Cr Q2). Energy costs up 65-86% YoY.
Last quarter's promises, checked
Delivered
- Guided Europe continues to grow, Q1 turnover +1.1% (€104.3m) → Europe income +13% (= BEAT; metric basis differs)
Partly delivered
- Guided all raw-material increases recovered in Q2 → metal prices still cut standalone margin ~120bps (= PARTIAL)
Missed
- Guided Q2 margin better than Q1 (consol EBITDA 13.1%) → 12.1% (= MISS)
- Guided 4W battery pack SOP by Q4FY27 → now H1FY28 (= MISS)
- Guided dual-channel ABS SOP for Bajaj (120k units) in Q2FY27 → commenced Oct 2026 (= MISS)
Investor Presentation filed with NSE, NSE: ENDURANCE. Summary written with AI assistance from the document.
Endurance Technologies Ltd: key numbers
- Share price
- ₹2,409.90
- Market cap
- ₹33,898 Cr
- Revenue (annual)
- ₹14,596 Cr
- Net profit (annual)
- ₹951.7 Cr
- P/E (TTM)
- 35.0×Sector 31.3×
- Promoter holding
- 75.00%+0.00% QoQ
- FII holding
- 12.07%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Endurance Technologies Ltd
All →Endurance Technologies Management Change
Endurance Technologies' Compliance Officer Sunil Lalai resigned, effective 16 Nov 2026. Mandar Velankar is appointed Compliance Officer from the same date.
Endurance Technologies Results Update
Endurance Technologies reported Q2 FY27 consolidated total income of INR 4,811 crore, up 33.5%. Consolidated PAT rose 20.7% to INR 274 crore in the quarter.
Endurance Technologies Q2 FY27 Results: Net Profit ₹274.3 Cr, Up 20.7% YoY
Endurance Technologies Ltd reported revenue from operations of ₹4,786 Cr (+33.6% YoY) and net profit of ₹274.3 Cr (+20.7% YoY) for Q2 FY27.
- Key figure
- Net profit ₹274.3 Cr · +20.7% YoY
Endurance Technologies Other Announcement
Endurance Technologies' Compliance Officer Sunil Lalai steps down on 15 November 2026. Mandar Velankar succeeds him from 16 November.
Endurance Technologies Other Announcement
Endurance Technologies Ltd has filed its quarterly shareholding pattern for the period ended September 30, 2026, as per regulatory requirements.
Endurance Technologies Acquisition Worth ₹132 Cr
Endurance Technologies' subsidiary acquired 100% of Italy-based Anna Milena SpA and Fondalpress SpA for Euro 12.34 million, equivalent to approximately ₹132.04 Crore.
- Value
- ₹132.0 Cr