Endurance Technologies Ltd.

ENDURANCE

₹2421.9

-0.41% (-9.9)

Market Cap

₹34,079 Cr.

P/E

40.75

About

Endurance Technologies Limited is a prominent auto-components company in India, starting as an aluminum die casting manufacturer in 1985. It is a leading supplier to India's 2, 3, and 4-wheeler OEMs, … Read more

Endurance Technologies Limited is a prominent auto-components company in India, starting as an… Read more

Low

1675

52W Range

High

3061

Timeline

Key company specific updates

Company Timeline

Custom financial statementNew

Edit rows

In Rs. Cr.	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025

In Rs. Cr.	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Balance sheet
Net Block	1,587	1,634	1,851	2,163	2,606	2,603	2,715	3,143	3,630	4,058
Shareholders Funds	1,450	1,729	2,173	2,565	3,006	3,562	3,920	4,412	4,977	5,717
Profit & Loss
Operating Profit	677	758	928	1,129	1,131	1,024	965	1,036	1,328	1,551
Net Sales	5,230	5,591	6,351	7,510	6,918	6,547	7,549	8,804	10,241	11,561
Cash flow
Cash from Operating Activity	698	537	742	898	1,011	621	742	862	1,057	1,532
Net Capex (est)	469	380	426	678	547	311	520	622	820	1,006
Ratios
ROCE (%)	24.88	23.77	24.48	26.24	22.00	16.95	15.13	13.75	16.87	—
ROE (%)	20.65	19.10	17.98	19.30	18.81	14.59	11.75	10.87	13.67	—

Forensics

9 Yes

Positive for this company

2 Neutral

Neutral for this company

6 No

Negative for this company

0 No Data

Insufficient data to analyse

Accounting & Shareholding

Contingent Liabilities

Company does not have significant contingent liabilities
Depreciation Effect

Depreciation accounting is not leading to increase in profits
Other Income

Other income is not affecting ratios of the company
Pledge

Promoters have not pledged a significant portion of their holding
Retail Holding

Retail has been selling the stock which is usually a good time to buy
Revenue Recognition

Company is converting accounting profit to cash
Promoter Holding

Promoter has not sold any shares in the last 90 days

Price & Performance

Capex vs ROCE

Roce of the company has increased over the last three years
Working Capital

Working capital of the company seems to be under control
Debt

Company should not have issues servicing its debt
Balance Sheet Strength

Balance sheet of the company is strong. but it might have issues paying it suppliers
Current vs Historic Valuation

Company is trading at a premium to 3yr historic valuations
ROE

Roe has decreased vs 10 year trend
Share price

Share price has increased over last 10 years but more due to rerating
Sales Growth

Sales of the company has grown at a slow pace
Margin Stability

Margins of the company are volatile
ROCE Strength

Roce of the company is not consistently strong

Market Share

16 %

(as of Mar 20)

Source/Historic

Aluminium die-casting - Market Share

8 %

(as of Mar 19)

Source/Historic

Automobile Braking System - Market Share

24 %

(as of Mar 20)

Source/Historic

Braking Systems - Market Share

33 %

(as of Mar 20)

Source/Historic

Shock Absorbers & Front Forks - Market Share

Revenue mix

Product Wise Break-Up

Location Wise Break-Up

Customer Segment

OEM vs Aftermarket

Raw Material Break-Up

Customer Wise Break-Up

Operational Metrics

R&D as a % of Total Sales (%)

Endurance Technologies Ltd.

R&D as a % of Total Sales (%)
Source

Peer Comparison

Peer Name	Latest Price	PE	Market cap(Cr)	Prom Holding(%)	YoY Qtly Sales(%)	ROCE (%)	ROE (%)
Endurance Tech	2,431.8	40.86	34,177	75	10.38	16.87	13.67
TVS Holdings	11,864.5	20.59	23,973	74.45	17.71	17.31	28.18
PTC Industries	15,171.55	372.56	22,733	59.75	68.37	9.22	6.54
CIE Automotive India	449.75	21.16	17,001	65.7	-6.35	15.32	12.58
Maharashtra Scooters	13,376	71.14	15,249	51	28.38	0.69	0.74
Ramkrishna Forgings	606.25	23.7	11,000	43.13	7.85	15.9	12.72
Kirloskar Ferrous	577.9	32.36	9,513	50.9	13.09	15.92	9.22
Bharat Forge	1,240.9	63.06	59,348	44.07	-7.48	19.6	13.27

Corporate Actions

Consolidated Dividend

DATE

DETAILS

2024, Aug 09

Dividend Dividend of Rs.8.5 per share

2023, Aug 11

Dividend Dividend of Rs.7 per share

2022, Aug 11

Dividend Dividend of Rs.6.25 per share

2021, Aug 12

Dividend Dividend of Rs.6 per share

2020, Mar 11

Dividend Dividend of Rs.5.5 per share

Suppliers

Goodluck India Ltd.
Rane Holdings Ltd.
Hindustan Composites Ltd.
Rane Brake Lining Ltd. - (Amalgamated)
Bharat Gears Ltd.

Customers

Ashok Leyland Ltd.
Bajaj Auto Ltd.
Eicher Motors Ltd.
Hero MotoCorp Ltd.
Mahindra & Mahindra Ltd.
Tata Motors Ltd.
Alfa Romeo
Daimler
Fiat
Honda
Jeep
KTM
Lancia
Piaggio
Suzuki
Yamaha

Showing 5 of 16

FAQs on Endurance Technologies Ltd. Business

What does Endurance Tech do?

Endurance Technologies Limited is a leading auto-components company in India, specializing in manufacturing aluminium die castings, alloy wheels, suspensions, transmissions, and braking systems for 2, 3, and 4-wheeler OEMs.

Who are the competitors of Endurance Tech?

Endurance Tech major competitors are TVS Holdings, PTC Industries, CIE Automotive India, Maharashtra Scooters, Ramkrishna Forgings, Kirloskar Ferrous, Bharat Forge.
Market Cap of Endurance Tech is ₹34,177 Crs.
While the median market cap of its peers are ₹17,001 Crs.

Is Endurance Tech financially stable compared to its competitors?

Endurance Tech seems to be financially stable compared to its competitors.
The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.

View FAQ's On Shareprice

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