Endurance Technologies announced its Q2 FY27 financial results, reporting a 33% year-on-year increase in consolidated total income to ₹4,811 crore. EBITDA grew by 17.3% to ₹584 crore, with a margin of 12.1%. Consolidated Profit After Tax (PAT) rose 21% year-on-year to ₹274 crore. The company also highlighted strategic acquisitions, including full ownership of Stöferle and Fondalpress, to strengthen its European operations.
Strong Q2 FY27 Performance
Endurance Technologies has announced robust financial results for the second quarter of FY27, ending September 30, 2026. The company reported a consolidated total income of ₹4,811 crore, marking a significant 33% year-on-year growth. EBITDA for the quarter stood at ₹584 crore, with a corresponding margin of 12.1%. The consolidated Profit After Tax (PAT) saw a 21% increase year-on-year, reaching ₹274 crore, with a PAT margin of 5.7%.
Standalone and European Business Highlights
On a standalone basis, Endurance Technologies recorded a total income of ₹3,761 crore, a 40% year-on-year growth. Standalone EBITDA grew by 18% to ₹395 crore, with a margin of 10.5%, and PAT increased by 14% to ₹213 crore. The European business also performed well, with total income growing 13% year-on-year to ₹1,029 crore, and EBITDA up 13.7% to ₹183 crore. PAT for the European segment was ₹57 crore, a substantial 39.6% growth year-on-year.
Strategic Acquisitions and Expansion
The company accelerated its acquisition strategy in Q2 FY27 by completing the purchase of the remaining 32% stake in Stöferle, achieving 100% ownership. Additionally, Endurance acquired a 100% stake in Fondalpress, Italy, enhancing its European aluminum casting and machining capabilities. The net outlay for these acquisitions was just under €1 million. The company also divested its stake in Veicoli for €2.2 million.
Key Business Updates and Future Outlook
Endurance Technologies provided updates on various business segments, including ABS capacity expansion, new Chennai plant for disc brake systems, and growth in the 4W aluminium casting business. The company is also focusing on expanding its non-automotive segment, with a target of cumulative SOP of ₹250 crore in FY28 for solar, railways, and industrial applications, scaling up to ₹650 crore by FY31. The battery pack business is showing good progress, with SOP for a leading 2W OEM expected this quarter and nominations from two 4W OEMs for the next financial year.
The company’s order book for the 4W segment stands at ₹1,500 crore in revenue, with execution expected over the next two years. Proprietary products like driveshafts are set to commence this quarter, followed by brakes and suspension in the first half of next year.
Source: BSE