Endurance Technologies Limited
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.
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Endurance Technologies Limited has appointed Mr. Aditya Jhawar as Head – Growth and Business Transformation in the management cadre at President Grade, making him part of the senior management team. Reporting directly to the Managing Director, he brings nearly two decades of experience in institutional financial services and corporate advisory,...
Endurance Technologies reported Q1FY27 consolidated total income up 29.6% to ₹4,348 Cr, with PAT rising 8% to ₹245 Cr. EBITDA margin eased to 13.1% due to higher commodity costs. Strong Indian auto demand and OEM expansions position the company for growth.
Endurance Technologies' previous Rs. 12.39 Cr tax demand for ITC mismatch is largely dropped, with Rs. 0.32 Cr confirmed. The company will appeal this amount, stating no material financial impact.
Endurance Tech's appeal against a previous tax demand of Rs 98.28 lakh (0.98 Cr) for FY20-21 has been allowed. The original demand order, including tax, interest, and penalty, is now set aside, removing a potential liability.
Endurance Tech achieved record FY26 consolidated income of ₹14,720 Cr (+26.1%) and PAT of ₹952 Cr (+13.8%), driven by strong India and European operations. The company expects continued growth from new orders and facility expansions. A dividend of ₹11.50/share was declared.