Consolidated Financial Performance (₹ crore)

Q2 FY26-27 vs Q2 FY25-26:

  • Total Income Including Other Income: ₹4,811 vs ₹3,604 (+33.5% YoY)
  • EBITDA: ₹584 vs ₹498 (+17.3% YoY)
  • EBITDA Margin: 12.1% vs 13.8%
  • PBT: ₹321 vs ₹304 (+5.4% YoY)
  • Exceptional Items: (₹36) vs -
  • PBT (After Exceptional Item): ₹356 vs ₹304 (+17.1% YoY)
  • PAT: ₹274 vs ₹227 (+20.7% YoY)
  • PAT Margin: 5.7% vs 6.3%

H1 FY26-27 vs H1 FY25-26:

  • Total Income Including Other Income: ₹9,159 vs ₹6,958 (+31.6% YoY)
  • EBITDA: ₹1,153 vs ₹977 (+18.0% YoY)
  • EBITDA Margin: 12.6% vs 14.0%
  • PBT: ₹651 vs ₹606 (+7.4% YoY)
  • Exceptional Items: (₹36) vs -
  • PBT (After Exceptional Item): ₹686 vs ₹606 (+13.3% YoY)
  • PAT: ₹519 vs ₹454 (+14.4% YoY)
  • PAT Margin: 5.7% vs 6.5%

Standalone Financial Performance (₹ crore)

Q2 FY26-27 vs Q2 FY25-26:

  • Total Income Including Other Income: ₹3,761 vs ₹2,692 (+39.7% YoY)
  • EBITDA: ₹395 vs ₹336 (+17.5% YoY)
  • EBITDA Margin: 10.5% vs 12.5%
  • PBT: ₹288 vs ₹252 (+14.3% YoY)
  • Exceptional Items: - vs -
  • PAT: ₹213 vs ₹188 (+13.8% YoY)
  • PAT Margin: 5.7% vs 7.0%

H1 FY26-27 vs H1 FY25-26:

  • Total Income Including Other Income: ₹6,955 vs ₹5,043 (+37.9% YoY)
  • EBITDA: ₹752 vs ₹642 (+17.3% YoY)
  • EBITDA Margin: 10.8% vs 12.7%
  • PBT: ₹548 vs ₹474 (+15.5% YoY)
  • PAT: ₹408 vs ₹353 (+15.5% YoY)
  • PAT Margin: 5.9% vs 7.0%

Performance Highlights (Half Year ended September 2026)

  • 76% of Consolidated Total Income came from Indian operations (including Maxwell), balance from European operations
  • Aftermarket sales from Indian operations: ₹303 crore vs ₹243 crore in corresponding period last year
  • Consolidated Basic and Diluted EPS: ₹36.88 per share (not annualized) vs ₹32.25 per share in corresponding period last year

Management Commentary by Mr. Anurang Jain, Managing Director

Market Context:

  • Indian automotive market recorded healthy growth in Q2 FY27: two-wheeler sales +18% YoY, three-wheelers +27%, passenger vehicles +24%
  • Europe new car registrations in Q2 grew 5.6% YoY, with major growth from Chinese OEMs

Operational Developments:

  • Commissioning of AURIC Shendra plant for aluminum die-casting components for Indian and global four-wheeler OEMs across EV and ICE platforms, plus non-automotive applications
  • Commenced supplies of dual-channel ABS during the quarter, expanding braking systems portfolio
  • Battery pack plant commenced two-wheeler battery pack production in Q1 FY27 and is fast ramping up

European Expansion:

  • Acquired Fondalpress in October 2026, strengthening European aluminum casting and machining capabilities
  • Accelerated acquisition of Stoferle's remaining 32% stake, taking ownership to 100%
  • Revenue in Euro terms grew 5.6% in line with market growth

Outlook:

  • Expected softening of aluminum prices
  • Improved pass-through of higher costs
  • Ramping up of new plants
  • Benefits from cost management and operational efficiency efforts
  • Expected increasing trend in profitability

Company Overview

Endurance is a leading automotive component manufacturer with operations in India and Europe (Italy and Germany). The company has 37 plants (22 in India, 5 in Germany, 10 in Italy), in-house tool room, 29-acre proving ground, five DSIR-approved R&D facilities in India, and two technical centers in Italy.