Endurance Technologies Limited has announced robust financial results for the second quarter and first half of fiscal year 2027. The company saw substantial year-on-year growth in total income, EBITDA, and PAT across its standalone, European, and consolidated operations. Standalone total income increased by 40% in Q2 FY27, driven by strong performance in various segments.
Q2 FY27 Financial Highlights
Endurance Technologies Limited has unveiled its financial results for the quarter and half-year ended September 30, 2026 (Q2 FY27). The company demonstrated significant year-on-year growth across key financial metrics.
Standalone Performance
For the standalone operations, Total Income surged by 40% to ₹3,761 crore in Q2 FY27, compared to ₹2,692 crore in Q2 FY26. EBITDA saw an increase of 18% to ₹395 crore (margin of 10.5%), up from ₹336 crore (margin of 12.5%) in the prior year. PAT grew by 14% to ₹213 crore from ₹188 crore, with a PAT margin of 5.7%.
In the first half of FY27 (H1 FY27), standalone Total Income rose by 38% to ₹6,955 crore, up from ₹5,043 crore in H1 FY26. EBITDA increased by 17% to ₹752 crore (margin of 10.8%), from ₹642 crore (margin of 12.7%). PAT grew by 16% to ₹408 crore from ₹353 crore, with a PAT margin of 5.9%.
European Business Performance
The European segment reported a 13% increase in Total Income to ₹1,029 crore in Q2 FY27, compared to ₹908 crore in Q2 FY26. EBITDA saw a 14% rise to ₹183 crore (margin of 17.8%), from ₹161 crore (margin of 17.8%) in Q2 FY26. PAT experienced a significant jump of 40% to ₹57 crore from ₹41 crore, with a PAT margin of 5.5%.
For H1 FY27, European Total Income grew by 14% to ₹2,175 crore from ₹1,910 crore in H1 FY26. EBITDA increased by 17% to ₹391 crore (margin of 18.0%), from ₹336 crore (margin of 17.6%). PAT grew by a marginal 2% to ₹105 crore from ₹103 crore, with a PAT margin of 4.8%.
Maxwell (Embedded Electronics) Performance
Maxwell’s standalone Total Income more than doubled, increasing by 94% to ₹85 crore in Q2 FY27 from ₹44 crore in Q2 FY26. EBITDA showed a remarkable increase of 203% to ₹6 crore (margin of 6.9%), up from ₹2 crore (margin of 4.4%). PAT turned positive, reaching ₹3 crore from a loss of ₹1 crore in Q2 FY26.
In H1 FY27, Maxwell’s Total Income grew by 91% to ₹141 crore from ₹74 crore in H1 FY26. EBITDA surged by 285% to ₹10 crore (margin of 6.8%), from ₹3 crore (margin of 3.4%). PAT was ₹5 crore, compared to a loss of ₹3 crore in H1 FY26.
Consolidated Financials
On a consolidated basis, Total Income for Q2 FY27 increased by 34% to ₹4,811 crore from ₹3,604 crore in Q2 FY26. EBITDA grew by 17% to ₹584 crore (margin of 12.1%), from ₹498 crore (margin of 13.8%). PAT saw a substantial increase of 21% to ₹274 crore from ₹227 crore, with a PAT margin of 5.7%.
For H1 FY27, consolidated Total Income rose by 32% to ₹9,159 crore from ₹6,958 crore in H1 FY26. EBITDA increased by 18% to ₹1,153 crore (margin of 12.6%), from ₹977 crore (margin of 14%). PAT grew by 14% to ₹519 crore from ₹454 crore, with a PAT margin of 5.7%.
Key Business Updates
The presentation also highlighted key events till date in FY27, including production commencement at the AURIC Shendra plant catering to 4Ws EV OEMs and exports, expansion of 4W machined aluminium casting capacity, and commencement of supplies for dual-channel ABS. New infrastructure setups for Solar Dampers and Actuators, along with a new plant for Aluminium Forging production, are also in progress.
Order wins in Q2 FY27 included deals for Machined Aluminium Die Casting from Tata Motors (₹66 crore), and Suspension from HMSI (₹185 crore) and HMCL (₹53 crore) in India. In Europe, orders for Machined Aluminium Die Casting were secured from Mercedes Hybrid LCV (€6.5 million and €7.6 million).
The company also detailed order wins in standalone business, with total orders for last 6 years amounting to ₹6,372 crore. The order book is expected to be boosted further by RFQs worth ₹3,650 crore. EV orders in standalone business were noted at ₹1,840 crore with Bajaj.
European business orders in million Euros were also detailed, with a total of €199 million in cumulative orders in the last 5 years, with EV and Hybrid applications comprising a significant portion. CAPEX for H1FY27 was reported at Rs. 401 Cr for Standalone and Euro 9M for Europe.
Source: BSE
