Conference Call with Endurance Technologies Management and Analysts on Q3FY26 Performance and Outlook. Listen to the full earnings transcript.
Auto Parts & Equipment company Endurance Technologies announced Q3FY26 results Total Income: Rs 3,646 crore against Rs 2,881 crore during Q3FY25, change 27%. EBITDA: Rs 514 crore against Rs 394 crore during Q3FY25, change 30%. EBITDA Margin: 14.1% for Q3FY26. PBT: Rs 301 crore against Rs 247 crore during Q3FY25, change 22%. PAT: Rs 222 crore against Rs 184 crore during Q3FY25, change 21%. PAT Margin: 6.1% for Q3FY26. Anurang Jain, Managing Director, said: "Two-wheeler sales volumes for Indian OEMs grew 18.2% YoY in Q3FY26; while passenger vehicle volumes recorded a 19.2% YoY growth. Endurance standalone Total Income grew ahead of market at 22.2%. Market growth was on account of improved affordability following the GST rationalisation, which continues to aid demand growth even after the festive season. An average end-user has become increasingly disce(ning, with preference for safer and more premium offerings. Consequently, OEMs are expanding feature content across both ICE and electric platforms. We are well positioned to benefit from this shift through our strong presence in safety-critical categories such as disc brake systems and ABS, and in premium products such as Inverted Front Forks and Assist and Slip Clutches. Alongside our established leadership in two-wheelers, we are focused on expanding our presence in four-wheeler programmes and non-automotive applications, and a large part of our new orders won this year are for these applications. In Europe, new car registrations during the quarter grew at 4.6% YoY, while our revenue growth in Euro terms was at 21%. The acquisition of Stoferle, which was consummated at the start of this financial year, has not only helped us to grow our business but also to diversify our customer base and strengthen our machining capabilities. Efforts are underway to identify more such inorganic opportunities, both in India and Europe. In our Indian operations, significant efforts are underway to cross key growth milestones in FY27. These target milestones include full utilisation of our newly commissioned Bidkin plant, start of commercial production at our new facilities at Mindewadi near Pune, Shendra, Chennai, G4S Waluj and also expansions in Sanand and ABS facilities." Result PDF
Auto Parts & Equipment company Endurance Technologies announced Q2FY26 results Total Income: Rs 3,604 crore against Rs 2,939 crore during Q2FY25, change 22.6%. EBITDA: Rs 498 crore against Rs 409 crore during Q2FY25, change 21.9%. EBITDA Margin: 13.8% for Q2FY26. PBT: Rs 304 crore against Rs 266 crore during Q2FY25, change 14.4%. PAT: Rs 227 crore against Rs 203 crore during Q2FY25, change 12.0%. PAT Margin: 6.3% for Q2FY26. Anurang Jain, Managing Director, said: "For Indian OEMs, total two-wheeler sales volumes grew 10.3% YoY in Q2FY26; three-wheeler volumes at 21.4% and four-wheeler volumes at 3.5%. Endurance outperformed industry by recording topline growth of 16.2% in the standalone business. In Europe, new car registrations grew 7.7%. Our topline before Stoferle consolidation grew despite certain key countries like France and Italy having reported de-growth in registrations. With Sti:iferle consolidation, we grew 32.5% in Euro terms. Customer Centricity is one of our core values. Our R&D; centers are being expanded and modernised to ensure that the product offered to customers is well-designed, tested and validated. Our operations are geared-up to deliver goods on time and with consistent quality. We are engaged in cost optimisation initiatives such as backward integration. Some of the resultant benefits are passed on to customers, leading to a long term competitive advantage. For large volume business, we evaluate and if required, we set up manufacturing facilities in close proximity to our customers. This helps us service the customers better, save on freight costs and diversify geographically. Our decision to put up a brakes plant near Chennai is a step in this direction." Result PDF
Conference Call with Endurance Technologies Management and Analysts on Q2FY26 Performance and Outlook. Listen to the full earnings transcript.