Endurance Technologies Ltd
Endurance Technologies is engaged in the business of manufacturing and selling of aluminium die casting (including alloy wheel), suspension, transmission, braking and embedded electronic products with operations spread across India and Europe with 19 plants in India and 12 in Europe.
- Market Cap ₹ 26,374 Cr.
- Current Price ₹ 1,875
- High / Low ₹ 3,061 / 1,556
- Stock P/E 32.9
- Book Value ₹ 377
- Dividend Yield 0.45 %
- ROCE 16.6 %
- ROE 13.6 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 19.1%
Cons
- Stock is trading at 4.97 times its book value
- Company has a low return on equity of 12.5% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Auto Ancillaries Industry: Auto Ancillaries
Part of BSE Allcap BSE 500 Nifty 500 BSE Consumer Discretionary BSE 150 MidCap Index
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
3,822 | 4,212 | 4,917 | 5,228 | 5,588 | 6,349 | 7,509 | 6,915 | 6,547 | 7,549 | 8,804 | 10,241 | 11,282 | |
3,339 | 3,678 | 4,321 | 4,548 | 4,830 | 5,421 | 6,380 | 5,784 | 5,507 | 6,585 | 7,768 | 8,913 | 9,764 | |
Operating Profit | 483 | 534 | 596 | 680 | 758 | 928 | 1,129 | 1,131 | 1,040 | 965 | 1,036 | 1,328 | 1,518 |
OPM % | 13% | 13% | 12% | 13% | 14% | 15% | 15% | 16% | 16% | 13% | 12% | 13% | 13% |
30 | 30 | 42 | 33 | 29 | -3 | 6 | 48 | 19 | 10 | 35 | 86 | 109 | |
Interest | 93 | 81 | 51 | 49 | 32 | 24 | 26 | 18 | 14 | 6 | 21 | 43 | 47 |
Depreciation | 187 | 208 | 227 | 243 | 291 | 322 | 376 | 414 | 399 | 382 | 422 | 474 | 525 |
Profit before tax | 233 | 276 | 359 | 420 | 465 | 579 | 733 | 747 | 647 | 586 | 629 | 897 | 1,055 |
Tax % | 27% | 26% | 29% | 29% | 29% | 33% | 32% | 24% | 20% | 21% | 24% | 24% | |
170 | 205 | 254 | 300 | 330 | 391 | 495 | 566 | 520 | 461 | 480 | 680 | 801 | |
EPS in Rs | 38.51 | 46.52 | 57.42 | 68.10 | 23.48 | 27.78 | 35.19 | 40.20 | 36.95 | 32.75 | 34.09 | 48.38 | 56.97 |
Dividend Payout % | 2% | 3% | 5% | 4% | 11% | 14% | 16% | 14% | 16% | 19% | 21% | 18% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 6% |
3 Years: | 16% |
TTM: | 15% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 5% |
3 Years: | 7% |
TTM: | 32% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 23% |
3 Years: | 15% |
1 Year: | -5% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 14% |
3 Years: | 13% |
Last Year: | 14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 18 | 18 | 18 | 18 | 141 | 141 | 141 | 141 | 141 | 141 | 141 | 141 | 141 |
Reserves | 716 | 961 | 1,124 | 1,432 | 1,589 | 2,032 | 2,424 | 2,865 | 3,421 | 3,779 | 4,271 | 4,837 | 5,168 |
951 | 700 | 764 | 831 | 694 | 814 | 730 | 750 | 641 | 430 | 515 | 765 | 763 | |
654 | 837 | 879 | 1,000 | 1,087 | 1,353 | 1,475 | 1,306 | 1,544 | 1,507 | 1,875 | 2,128 | 2,439 | |
Total Liabilities | 2,339 | 2,515 | 2,784 | 3,281 | 3,510 | 4,340 | 4,770 | 5,062 | 5,747 | 5,857 | 6,802 | 7,871 | 8,510 |
1,181 | 1,271 | 1,453 | 1,587 | 1,634 | 1,851 | 2,163 | 2,606 | 2,603 | 2,715 | 3,143 | 3,630 | 3,875 | |
CWIP | 32 | 14 | 22 | 103 | 44 | 59 | 118 | 126 | 96 | 119 | 171 | 159 | 189 |
Investments | 8 | 10 | 1 | 48 | 33 | 46 | 36 | 166 | 444 | 487 | 672 | 793 | 680 |
1,118 | 1,221 | 1,309 | 1,542 | 1,800 | 2,383 | 2,453 | 2,164 | 2,604 | 2,536 | 2,816 | 3,289 | 3,766 | |
Total Assets | 2,339 | 2,515 | 2,784 | 3,281 | 3,510 | 4,340 | 4,770 | 5,062 | 5,747 | 5,857 | 6,802 | 7,871 | 8,510 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
345 | 569 | 413 | 698 | 537 | 742 | 898 | 1,011 | 621 | 742 | 862 | 1,057 | |
-203 | -212 | -289 | -509 | -361 | -436 | -696 | -671 | -586 | -550 | -905 | -945 | |
-152 | -377 | -139 | -114 | -122 | -24 | -167 | -258 | -143 | -302 | -72 | 105 | |
Net Cash Flow | -9 | -20 | -14 | 76 | 54 | 283 | 35 | 83 | -108 | -111 | -115 | 217 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 59 | 58 | 43 | 41 | 50 | 56 | 45 | 36 | 58 | 47 | 48 | 45 |
Inventory Days | 34 | 37 | 47 | 48 | 50 | 49 | 45 | 54 | 62 | 58 | 56 | 52 |
Days Payable | 82 | 94 | 82 | 87 | 98 | 113 | 98 | 104 | 130 | 102 | 97 | 96 |
Cash Conversion Cycle | 11 | 1 | 9 | 3 | 2 | -8 | -8 | -15 | -10 | 2 | 7 | 1 |
Working Capital Days | 27 | 19 | 20 | -4 | 8 | 1 | 1 | -3 | 27 | 25 | 23 | 19 |
ROCE % | 20% | 21% | 22% | 22% | 21% | 23% | 25% | 21% | 17% | 14% | 14% | 17% |
Documents
Announcements
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Capital Expenditure For A Greenfield Project - New Product Launch
2d - Rs. 473 mn capex for lithium-ion battery pack plant launching Jan 2026, phased capacity from Q4 FY25-26.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2d - A conference call for analysts and investors is scheduled on 16th May, 2025 at 10:00 a.m. (IST) to discuss audited financial results (both standalone and …
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Intimation Of Change In The Contact Details Of The Registrar And Transfer Agent Of The Company.
22 Apr - Registrar and Transfer Agent updated email and website contact details.
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Regulation 30 Read With Part C Of Schedule III Of The SEBI (LODR) Regulations, 2015 - Industrial Promotion Subsidy - Eligibility Certificate Received Under Package Scheme Of Incentives - 2019
4 Apr - Eligibility Certificate for Rs. 6,060.32 million incentives.
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Announcement under Regulation 30 (LODR)-Updates on Acquisition
2 Apr - Endurance completes acquisition of 60% stake in Stöferle GmbH.
Annual reports
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Financial Year 2024
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Financial Year 2010
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Financial Year 2009
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Financial Year 2008
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Concalls
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Product Portfolio
The company is a leading automotive component manufacturer with operations in India and Europe (Italy and Germany). It supplies aluminum castings, suspensions, transmissions, braking, and battery management systems to 2W and 3W OEMs in India, and serves 4W OEMs and the 2W aftermarket in Europe. [1] [2] The company also offers advanced embedded electronics, particularly in BMS for automobiles (including EVs), energy storage systems and battery packs through its subsidiary Maxwell Energy Systems. [3]