Endurance Technologies Ltd

Endurance Tech. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Endurance Technologies Ltd

₹ 1,979 1.09%
26 Apr - close price
endurancegroup.com BSE: 540153 NSE : ENDURANCE
About

Endurance Technologies is engaged in the business of manufacturing and selling of aluminium die casting (including alloy wheel), suspension, transmission and braking products with operations spread across India.

Key Points

Company history
The company was started by Anurag Jain with the help of his uncle Rahul Bajaj (The chairman of Bajaj group of companies) in 1985. Initially the company did only Aluminum die casting work for Bajaj Auto and Bajaj auto was their sole client till 2004 and the company ventured into various segments only after 2004. [1]

Website BSE NSE
  • Market Cap ₹ 27,832 Cr.
  • Current Price ₹ 1,979
  • High / Low ₹ 2,319 / 1,314
  • Stock P/E 45.9
  • Book Value ₹ 326
  • Dividend Yield 0.35 %
  • ROCE 13.8 %
  • ROE 11.3 %
  • Face Value ₹ 10.0
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Pros

  • Company has been maintaining a healthy dividend payout of 18.6%

Cons

  • Stock is trading at 6.06 times its book value
  • The company has delivered a poor sales growth of 6.76% over past five years.
  • Company has a low return on equity of 13.1% 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
2,041 2,133 1,694 1,888 1,889 2,079 2,114 2,361 2,095 2,234 2,450 2,545 2,561
1,689 1,801 1,449 1,628 1,686 1,822 1,874 2,089 1,856 1,949 2,129 2,227 2,262
Operating Profit 352 332 244 260 203 257 240 272 240 285 321 318 299
OPM % 17% 16% 14% 14% 11% 12% 11% 12% 11% 13% 13% 13% 12%
-5 7 -19 8 7 13 -6 8 12 21 17 16 27
Interest 4 2 1 2 1 2 2 6 5 8 9 10 11
Depreciation 104 112 98 94 91 98 99 99 102 122 113 118 114
Profit before tax 238 225 126 172 118 170 133 175 145 177 216 206 201
Tax % 20% 17% 23% 23% 20% 20% 22% 25% 25% 23% 24% 25% 24%
190 187 97 133 95 136 103 131 108 136 164 155 152
EPS in Rs 13.51 13.32 6.86 9.48 6.73 9.68 7.35 9.35 7.69 9.70 11.62 10.99 10.83
Raw PDF
Upcoming result date: 16 May 2024

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
3,832 3,822 4,212 4,917 5,228 5,588 6,349 7,509 6,915 6,547 7,549 8,804 9,790
3,318 3,339 3,678 4,321 4,548 4,830 5,421 6,380 5,784 5,507 6,585 7,768 8,566
Operating Profit 514 483 534 596 680 758 928 1,129 1,131 1,040 965 1,036 1,224
OPM % 13% 13% 13% 12% 13% 14% 15% 15% 16% 16% 13% 12% 12%
12 30 30 42 33 29 -3 6 48 19 10 35 80
Interest 96 93 81 51 49 32 24 26 18 14 6 21 38
Depreciation 187 187 208 227 243 291 322 376 414 399 382 422 467
Profit before tax 243 233 276 359 420 465 579 733 747 647 586 629 799
Tax % 25% 27% 26% 29% 29% 29% 33% 32% 24% 20% 21% 24%
183 170 205 254 300 330 391 495 566 520 461 480 607
EPS in Rs 40.15 38.51 46.52 57.42 68.10 23.48 27.78 35.19 40.20 36.95 32.75 34.09 43.14
Dividend Payout % 2% 2% 3% 5% 4% 11% 14% 16% 14% 16% 19% 21%
Compounded Sales Growth
10 Years: 9%
5 Years: 7%
3 Years: 8%
TTM: 13%
Compounded Profit Growth
10 Years: 11%
5 Years: 3%
3 Years: -5%
TTM: 25%
Stock Price CAGR
10 Years: %
5 Years: 11%
3 Years: 15%
1 Year: 47%
Return on Equity
10 Years: 17%
5 Years: 15%
3 Years: 13%
Last Year: 11%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 18 18 18 18 18 141 141 141 141 141 141 141 141
Reserves 590 716 961 1,124 1,432 1,589 2,032 2,424 2,865 3,421 3,779 4,271 4,451
Preference Capital 2 2 2 0 0 0 0 0 0 0 0 0
980 949 698 764 831 694 814 730 750 641 430 515 693
748 656 838 879 1,000 1,087 1,353 1,475 1,306 1,544 1,507 1,875 2,153
Total Liabilities 2,336 2,339 2,515 2,784 3,281 3,510 4,340 4,770 5,062 5,747 5,857 6,802 7,438
1,195 1,181 1,271 1,453 1,587 1,634 1,851 2,163 2,606 2,603 2,715 3,143 3,192
CWIP 57 32 14 22 103 44 59 118 126 96 119 171 318
Investments 0 8 10 1 48 33 46 36 166 444 487 672 802
1,084 1,118 1,221 1,309 1,542 1,800 2,383 2,453 2,164 2,604 2,536 2,816 3,125
Total Assets 2,336 2,339 2,515 2,784 3,281 3,510 4,340 4,770 5,062 5,747 5,857 6,802 7,438

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
542 345 569 413 698 537 742 898 1,011 621 742 862
-238 -203 -212 -289 -509 -361 -436 -696 -671 -586 -550 -905
-235 -152 -377 -139 -114 -122 -24 -167 -258 -143 -302 -72
Net Cash Flow 69 -9 -20 -14 76 54 283 35 83 -108 -111 -115

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 58 59 58 43 41 50 56 45 36 58 47 48
Inventory Days 34 34 37 47 48 50 49 45 54 62 58 56
Days Payable 98 82 94 82 87 98 113 98 104 130 102 97
Cash Conversion Cycle -5 11 1 9 3 2 -8 -8 -15 -10 2 7
Working Capital Days 17 27 19 20 -4 8 1 1 -3 27 25 23
ROCE % 22% 20% 21% 22% 22% 21% 23% 25% 21% 17% 14% 14%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00%
8.34% 8.03% 7.82% 7.22% 6.43% 6.87% 7.65% 7.65% 7.34% 8.31% 7.82% 7.79%
15.17% 15.33% 15.66% 15.87% 16.69% 16.24% 15.50% 15.55% 15.91% 14.91% 15.40% 15.44%
1.49% 1.64% 1.52% 1.91% 1.88% 1.88% 1.85% 1.81% 1.74% 1.80% 1.77% 1.76%
No. of Shareholders 55,96566,02966,44872,83973,28972,07377,07178,12475,25176,30877,09084,155

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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