Endurance Technologies Ltd. (ENDURANCE) AI Stock Analysis

• Market Cap: ₹341.52B
• Dividend Yield: 0.38%
• Average Volume (3M): 9.52K
• Price to Earnings (P/E): 38.7
• Beta (1Y): 0.78
• Revenue Growth: 15.84%
• EPS Growth: 14.80%
• Country: IN
• Employees: 4,070
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Parts
• EPS (TTM): 16.20
• Shares Outstanding: 140,662,840
• 10 Day Avg. Volume: 6,158
• 30 Day Avg. Volume: 9,516
• PEG Ratio: 1.42
• Price to Book (P/B): 4.74
• Price to Sales (P/S): 2.35
• P/FCF Ratio: 56.72
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹3,050.00
• Price Target Upside: 19.77% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 59 Neutral
• Price Target: ₹2,503.00 ▼(-1.71% Downside)

Endurance Technologies Ltd. has a strong financial foundation with robust revenue growth and efficient operations. However, the stock faces challenges with bearish technical indicators and a high P/E ratio, suggesting potential overvaluation. The low dividend yield further limits its attractiveness to income-focused investors.

Positive Factors

Consistent revenue growth

Sustained mid-teens revenue growth indicates continued demand and successful OEM program wins. Over 2–6 months this underpins predictable top-line expansion, supports capacity utilization, and provides a foundation for reinvestment in tooling and higher-value assemblies.

High operating margins

Robust gross and EBIT margins reflect efficient manufacturing, cost control and value-added product mix. These durable operational efficiencies allow the company to sustain profitability through cycles, fund investments, and remain competitive on OEM pricing over multiple quarters.

Low financial leverage

A low debt load and strong equity backing provide financial flexibility for capex, R&D, or M&A without stressing cash flows. This balance-sheet strength reduces refinancing and interest-rate risk and supports long-term stability across industry cycles.

Negative Factors

Low net profit conversion

Despite high EBIT margins, a single-digit net margin shows substantial non-operating costs, tax or other drains. Over months this limits retained earnings and free cash accumulation, constraining shareholder returns and the ability to self-fund larger strategic initiatives.

Suboptimal free cash flow conversion

While FCF growth is strong, conversion of net income to free cash is modest. Persistently low conversion can restrict capital allocation choices, increase reliance on external funding for growth or capex, and reduce resilience to shocks over the medium term.

Exposure to OEM production cyclicality

Business dependence on OEM volumes, notably two-wheeler cycles, causes structural revenue and utilization volatility. This cyclicality affects investment planning, working capital needs and margin stability, making multi-quarter forecasting and consistent free-cash generation harder.

Endurance Technologies Ltd. Business Overview & Revenue Model

Company Description

Endurance Technologies Limited, together with its subsidiaries, manufactures and supplies automotive components for original equipment manufacturers in the automotive industry in India and Europe. The company offers die castings, such as high pressure, low pressure, and gravity die castings; machining components, which comprise engines, gearboxes, and transmission parts; other metallic components assembling services, including aluminum alloys, cast iron, and steel; and suspension products design, develop, and manufacture adjustable and non-adjustable damping force inverted front forks and mono shock absorbers. It also provides transmission products comprising clutch assemblies, and cork and paper based friction plates; and continuous variable transmission assemblies; transmission housing, gearbox housing, torque convertor housing, and oil modules for electric vehicles; plastic components, including engine covers for automotive applications; and engine parts. In addition, the company offers brake systems that include disc brakes, hydraulic drum brakes, tandem master cylinders, and asbestos free brake shoes, as well as disc brake assemblies, drum brake assemblies, and rotary discs, as well as aftermarket sales services. Further, it provides spare parts for dealers. The company offers its products for use in two, three, and four wheelers, as well as scooters and quadricycles. Endurance Technologies Limited was founded in 1985 and is based in Aurangabad, India.

How the Company Makes Money

Endurance Technologies generates revenue primarily through the manufacturing and sale of automotive components to major vehicle manufacturers. The company's revenue model is based on direct sales to Original Equipment Manufacturers (OEMs) and Tier 1 suppliers in the automotive industry. Key revenue streams include the supply of die-cast products, suspension and braking systems, and other critical components. Endurance also benefits from long-term contracts and partnerships with prominent automotive brands, which provide a stable income base. The company's focus on R&D and technologically advanced manufacturing processes allows it to maintain competitive pricing and high-quality standards, further enhancing its market position and profitability.

Endurance Technologies Ltd. Financial Statement Overview

Summary

Endurance Technologies Ltd. demonstrates robust financial health with strong revenue growth, efficient operations, low leverage, and solid cash flow management. However, there is room for improvement in net profitability and free cash flow generation.

Income Statement

Endurance Technologies Ltd. shows strong growth in revenue with a 14.66% increase in 2025 compared to 2024. The gross profit margin stands at 42.88%, indicating efficient production costs. The EBIT margin is robust at 34.18%, demonstrating effective cost management and operational efficiency. However, the net profit margin of 7.23% suggests room for improvement in profitability.

Balance Sheet

The company maintains a healthy balance sheet with a debt-to-equity ratio of 0.17, indicating low financial leverage and strong equity backing. The equity ratio is solid at 62.57%, showing a strong proportion of equity financing. The return on equity stands at 14.63%, reflecting decent profitability relative to shareholder investment.

Cash Flow

Operating cash flow to net income ratio is strong at 1.83, indicating efficient cash generation relative to net income. The free cash flow growth rate is impressive at 147.23%, highlighting strong cash flow management. However, the free cash flow to net income ratio of 0.57 suggests potential for further improvement in free cash flow generation.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	120.54B	115.61B	102.41B	87.31B	74.68B	64.05B
Gross Profit	48.15B	49.58B	11.72B	34.75B	24.20B	23.52B
EBITDA	16.97B	15.51B	14.14B	10.71B	9.74B	10.60B
Net Income	8.59B	8.36B	6.80B	4.80B	4.61B	5.20B
Balance Sheet
Total Assets	0.00	91.39B	78.86B	68.02B	58.58B	57.48B
Cash, Cash Equivalents and Short-Term Investments	18.07B	18.07B	12.70B	9.34B	8.88B	9.60B
Total Debt	0.00	9.44B	7.65B	5.15B	4.30B	6.41B
Total Liabilities	-57.17B	34.22B	29.08B	23.90B	19.38B	21.85B
Stockholders Equity	57.17B	57.17B	49.77B	44.12B	39.20B	35.62B
Cash Flow
Free Cash Flow	0.00	4.78B	1.94B	2.26B	2.13B	2.46B
Operating Cash Flow	0.00	15.32B	10.28B	8.62B	7.42B	6.21B
Investing Cash Flow	0.00	-10.13B	-9.45B	-9.15B	-5.51B	-5.91B
Financing Cash Flow	0.00	-291.78M	1.05B	-718.76M	-3.02B	-1.43B

Endurance Technologies Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2546.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ENDURANCE, the sentiment is Negative. The current price of 2546.5 is above the 20-day moving average (MA) of 2487.24, below the 50-day MA of 2571.06, and below the 200-day MA of 2594.38, indicating a bearish trend. The MACD of -61.84 indicates Positive momentum. The RSI at 42.40 is Neutral, neither overbought nor oversold. The STOCH value of 36.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ENDURANCE.

Endurance Technologies Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VARROC	69 Neutral	₹87.98B	63.22	―	0.16%	7.38%	-73.62%
TVSHLTD	64 Neutral	₹306.42B	19.71	―	0.65%	19.93%	52.09%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
ENDURANCE	59 Neutral	₹341.52B	38.67	―	0.38%	15.84%	14.80%
TIINDIA	59 Neutral	₹451.58B	72.17	―	0.13%	14.32%	-45.74%
EXIDEIND	58 Neutral	₹273.27B	33.09	―	0.54%	2.19%	-5.70%
SUPREMEIND	56 Neutral	₹446.05B	54.77	―	1.05%	1.68%	-22.27%

Endurance Technologies Ltd. Corporate Events

Endurance Technologies Schedules Investor Meetings for November 2025

Endurance Technologies Ltd. has announced a series of meetings with institutional investors scheduled for late November 2025. These meetings, which include both virtual and in-person formats, are part of the company’s efforts to engage with key stakeholders and provide updates on its operations and strategic direction. The meetings are expected to enhance investor relations and potentially impact the company’s market positioning.

Endurance Technologies Schedules Investor Meetings for November 2025

Endurance Technologies Ltd. has announced a series of meetings with institutional investors scheduled for late November 2025, including both virtual and in-person sessions across different locations. These meetings, involving senior management, aim to engage with investors and potentially discuss strategic directions, reflecting the company’s proactive approach to investor relations and its commitment to transparency.

Endurance Technologies Schedules Investor Meetings for Strategic Engagement

Endurance Technologies Ltd. has scheduled meetings with institutional investors on various dates in November 2025, including virtual and in-person sessions in Chennai and Pune. These meetings aim to engage with investors and discuss the company’s strategic direction, potentially impacting its market positioning and stakeholder relations.

Endurance Technologies Schedules Q2FY26 Earnings Call

Endurance Technologies Limited has announced a conference call scheduled for November 13, 2025, to discuss its unaudited financial results for the quarter ending September 30, 2025. This call, aimed at analysts and investors, will include a management discussion on the company’s Q2FY26 earnings performance, followed by a Q&A session. The announcement underscores the company’s commitment to transparency and engagement with stakeholders, potentially impacting its market perception and investor relations.