Endurance Technologies Ltd

Endurance Technologies Ltd has announced the appointment of Mr. Aditya Jhawar as Head - Growth and Business Transformation, effective September 14, 2026. This appointment elevates him to the Senior Management Personnel cadre at President Grade, reporting directly to the Managing Director. Mr. Jhawar brings nearly two decades of experience in institutional financial services and corporate advisory, with a specific focus on the automotive industry, including tracking OEMs and auto ancillary companies. His expertise in banking, financial institutions, investor relations, and strategic analysis is expected to drive the company's growth and transformation initiatives.

Endurance Technologies Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved the standalone and consolidated financial statements. The results were reviewed by the Audit Committee and underwent a limited review by the Statutory Auditors. The company operates in the 'Automotive Components' segment.

Endurance Technologies Ltd reported its unaudited financial results for the quarter ended June 30, 2026. Consolidated Total Income rose by 29.6% YoY to INR Crore, while Standalone Total Income grew by 35.9%. Consolidated EBITDA margin was 13.1%, down from 14.3% in Q1FY26 due to higher commodity prices impacting standalone entity margins. Consolidated Profit After Tax (PAT) increased by 8.0% YoY to INR 245 crore. Basic and Diluted EPS stood at INR 17.38 per share. The company highlighted resilience in the Indian automotive market and strong demand for new vehicles, anticipating growth opportunities from OEM capacity expansions. European operations saw revenue growth of 1% in Euro terms, aligning with customer production trends, though growth was driven by Chinese OEMs not currently served by Endurance.

Endurance Technologies' consolidated Q1 FY27 revenue came in at ₹4,314.89 Cr, up 30.0% YoY and 5.6% QoQ, but consolidated PAT of ₹244.52 Cr grew just 8.0% YoY and fell 11.6% QoQ — profit growth trailing revenue by a wide margin is the story of this quarter, not the topline. EPS was ₹17.38 against ₹16.09 a year ago and ₹19.65 last quarter. The standalone (India) business was materially stronger: revenue ₹3,182.71 Cr (+36.4% YoY) and PAT ₹194.62 Cr (+17.4% YoY) — a basis divergence of roughly 9 percentage points in PAT growth that readers comparing standalone and consolidated numbers should note explicitly. The gap traces to margins and the overseas book. Consolidated OPM (EBITDA margin) compressed to 12.42% from 13.37% a year ago and 13.90% last quarter; NPM fell to 5.67% from 6.75% YoY and 6.72% QoQ. Cost of materials consumed rose to 61.1% of revenue from 58.7% a year earlier, and employee benefit expense grew 18.5% YoY, both outpacing revenue growth. The nine subsidiaries outside India — mainly the Italian and German operations — contributed ₹1,126.17 Cr of revenue but only ₹48.01 Cr of PAT this quarter (a ~4.3% net margin) per the auditors' review note, dragging the consolidated blend well below standalone profitability. No standalone press release or management commentary was included in this filing. Management's prior (Q4 FY26) concall guidance had flagged short-term raw-material and energy cost volatility with an expectation of "better normalized margins from Q2 FY27 onwards" — this quarter's compression is consistent with that caution, so the print tracks rather than misses what was signalled, though it leaves Q2 as the real test. Street consensus for this specific quarter could not be independently confirmed via web search, so vsStreet is left unknown rather than guessed. Two corporate actions fell inside or just after the quarter: Endurance Overseas raised its stake in Stöferle GmbH/Stöferle Automotive GmbH from 60% to 68% for €6.24 million on 29 June 2026, and the company completed the sale of Italian subsidiary Veicoli Srl on 3 August 2026 — after the 30 June quarter-end, so it postdates these numbers but is directly relevant to the low-margin European drag described above. This sets up Q2 FY27 as the checkpoint for management's promised margin normalization, and for whether the post-quarter Veicoli divestment starts narrowing the gap between standalone and consolidated growth rates seen this quarter.

Endurance Technologies Limited announced the completion of the sale of its wholly-owned step-down subsidiary, Veicoli Srl, Italy. This divestment follows the execution of a Share Purchase Agreement by Endurance Overseas SpA, Italy (EOSpA), a wholly-owned subsidiary of Endurance Technologies. The sale was subject to regulatory approvals, which have now been received. Consequently, Veicoli Srl has ceased to be a subsidiary of EOSpA and, by extension, of Endurance Technologies Limited. The company has completed the necessary transfer formalities as of August 3, 2026.

Endurance Technologies Ltd has issued a corrigendum to the notice of its 27th Annual General Meeting (AGM) originally scheduled for August 13, 2026. The correction pertains to a typographical error on page 9 of the AGM notice regarding the Membership and Certificate of Practice (COP) numbers of Mr. Jayavant Bhave, the appointed Scrutiniser for e-voting. The correct Membership number is F4266 and COP number is 3068. The company has also posted the corrected AGM notice on its website. The newspaper advertisements published on July 22, 2026, in Financial Express and Loksatta had correctly stated these numbers. The AGM agenda remains unchanged, including the adoption of financial statements, declaration of dividend, appointment of a director, and ratification of remuneration for the Cost Auditor.

Endurance Technologies Limited has issued a notice for its 27th Annual General Meeting (AGM) scheduled for Thursday, August 13, 2026, at 4:00 PM IST. The AGM will be held at Tango Hall, Gateway Aurangabad, Maharashtra. The company has commenced dispatch of the AGM notice and the Annual Report for the financial year 2025-26 to its members via electronic means. The agenda includes adopting audited financial statements, declaring a dividend of ₹11.50 per equity share, re-appointing a director, and ratifying the remuneration of the Cost Auditor for the financial year 2026-27.

Endurance Technologies Limited has announced its 27th Annual General Meeting (AGM) to be held on Thursday, August 13, 2026. The company has commenced dispatch of the AGM notice, Annual Report, and Business Responsibility and Sustainability Report for FY 2025-26 to its members. These documents are also available on the company's investor relations website. The AGM agenda includes adopting financial statements, declaring a dividend of ₹11.50 per share, appointing a director, and ratifying remuneration for the Cost Auditor for FY 2026-27.

Endurance Technologies Limited has announced its 27th Annual General Meeting (AGM) to be held on Thursday, August 13, 2026. The company has commenced dispatch of the AGM notice, Annual Report for FY 2025-26, and the Business Responsibility and Sustainability Report to its members. The AGM agenda includes adoption of audited standalone and consolidated financial statements for FY 2025-26, declaration of a dividend of ₹11.50 per equity share, re-appointment of a director retiring by rotation, and ratification of remuneration for the Cost Auditor for the financial year ending March 31, 2027. The financial statements and reports are also available on the company's investor relations website.

Endurance Technologies Ltd announced that its wholly-owned subsidiary, Endurance Overseas SpA, Italy, has acquired an additional 8% stake in Stoeferle GmbH and Stoeferle Automotive GmbH, Germany. This acquisition follows a previous 60% stake purchase and brings Endurance Overseas' total shareholding in the target companies to 68%. The transaction is in line with the Share Purchase Agreement executed in December 2024. The update was communicated to the company on July 1, 2026.