Endurance Technologies reported a 16.2% year-on-year growth in standalone financials for Q2 FY26. The company is expanding its ABS capacity, setting up a new Chennai plant for disc brake systems, and investing in R&D. Despite raw material cost pressures, Endurance remains optimistic about future growth, driven by strategic initiatives and new business wins, with a strong focus on technology and cost competitiveness.
Financial Performance
In Q2 FY26, Endurance Technologies recorded a standalone total income of Rs. 2,692.2 crores, a 16.2% year-on-year increase. EBITDA grew by 6.3% to Rs. 335.9 crores, with a margin of 12.5%. PAT increased by 1.5% to Rs. 187.6 crores. On a consolidated basis, total income grew by 22.6% to Rs. 3,603.8 crores, and EBITDA increased by 21.9% to Rs. 497.8 crores, with a margin of 13.8%.
Strategic Growth Initiatives
The company is increasing its ABS capacity by 2.4 million units per annum, with the first line operational in Q1 FY27. A new Chennai plant for disc brake systems is being set up, with SOP expected in Q2 FY27. Endurance is also establishing a new integrated R&D facility for brakes, doubling the existing capacity, expected to be commissioned by Q4 of this financial year.
New Business Wins
New orders include those from marquee U.S. and UK-based OEMs, and Valeo, totaling close to Rs. 388 crores per annum at peak. The company has also secured a Rs. 200 crore order from a Spanish OEM for solar dampers and wins orders for Inverted Front Forks from various OEM Clients. In H1 FY26, Maxwell won Rs. 21 crores of new business, bringing the total cumulative orders to Rs. 209 crores/annum.
European Operations
Endurance Europe saw a year-on-year rise of 7.7% in new car sales in Q2 FY26. The total income growth was 32.5% with Stöferle consolidation. Excluding Stöferle, the total income grew by 7.8%. New orders booked in Europe during H1 totaled €12.7 million, including orders from the Volkswagen Group.
Sustainability Efforts
Endurance achieved a 48% carbon neutral percentage and enhanced renewable power share to 28%. The company contributed 300,000 KL of water through water augmentation projects. CRISIL increased the ESG rating to 59, and SES increased its rating to 74.
Source: BSE
