Endurance Technologies shares gained 2.62% to ₹2,975.00 on Monday morning, driven by strong financial performance and positive investor sentiment. According to reports from Moneycontrol, the stock is a constituent of the Nifty Midcap 150 index, with investor sentiment around the stock being very bullish. The company has demonstrated robust financial performance over the past few years on a consolidated basis, with consistent growth across key financial metrics.
In the first quarter of FY27, Endurance Technologies reported Adjusted PAT of ₹2.4 billion, which missed analyst estimates. Standalone margins came in at 12.4%, slightly below the estimated 12.6%, while the European business posted 18.1% margins, exceeding the estimated 17.5%. The earnings miss was primarily attributed to higher-than-expected depreciation in Europe. The stock currently trades at 37x/28x FY27E/FY28E consolidated EPS according to Motilal Oswal's latest research report.
For the year ending March 2026, Endurance Technologies reported total revenue of ₹14,595.88 Crore, an increase from ₹11,560.81 Crore in March 2025. Net Profit also saw substantial growth, reaching ₹951.71 Crore in March 2026, up from ₹836.35 Crore in March 2025. Earnings Per Share (EPS) followed a similar upward trajectory, moving from ₹59.46 in March 2025 to ₹67.66 in March 2026. The company's balance sheet reflects increasing assets, with total assets growing from ₹5,857 Crore in March 2022 to ₹11,627 Crore in March 2026.
The company is significantly expanding its manufacturing capabilities across multiple segments. In braking systems, Endurance Technologies is adding 0.9 million ABS capacity to its existing 0.64 million units, with Start of Production (SOP) expected by September/October 2026. New dual-channel ABS programmes for Bajaj Auto are scheduled to commence in Q1/Q3FY27. The new Chennai disc brake facility, with capacity of about 3 million assemblies, is expected to commence supplies to Royal Enfield in September 2026, with other OEMs following in Q3FY27. In suspension, the management targets monthly inverted front fork capacity of about one lakh units by FY27.
The company is steadily strengthening its presence across the EV value chain through battery packs, BMS, motor controllers, DC-DC converters and aluminium castings. The battery pack plant near Pune commenced SOP for Hero MotoCorp in June and is expected to reach peak volumes by Q3FY27. Endurance Technologies is also investing ₹62 crore to enter four-wheeler battery packs, with SOP targeted for Q4FY27. The company's financial metrics show strong fundamentals with ROE of 13.91% in 2026 and a stable debt-to-equity ratio of 0.15. Book Value Per Share (BVPS) increased to ₹486.34 in 2026 from ₹406.46 in 2025, while the company maintains consistent dividend payments to shareholders.
