Endurance Tech Q2 profit grows 9.5%; eyes expansion into EV, lithium-ion segments

Auto component maker Endurance Technologies Ltd reported a steady performance for the September quarter (Q2 FY26), with net profit rising 9.5% year-on-year to ₹222.2 crore, compared to ₹203 crore in the same

period last year.

The company’s revenue jumped 22.7% YoY to ₹3,582 crore, supported by higher domestic and European sales.

EBITDA grew 22.5% to ₹476.4 crore from ₹388.7 crore a year earlier, while operating margins remained stable at 13.3%.

The company said aftermarket sales from Indian operations increased to ₹243 crore, up from ₹230 crore in Q2 FY25.

Endurance also highlighted its strong growth outlook, with ₹4,209 crore worth of RFQs (Request for Quotation) under discussion across customers. The company is setting up two new projects, a machined castings facility at AURIC Shendra (Chhatrapati Sambhajinagar) and a lithium-ion battery pack plant in Pune, both expected to begin operations by Q4 FY26.

Managing Director Anurang Jain said the company outperformed the domestic two-wheeler industry, which grew 10.3% YoY, by recording 16.2% topline growth in its standalone business. In Europe, despite mixed trends across markets, consolidated topline grew 32.5% in euro terms following the Stoferle acquisition.

The company said that with Europe’s accelerating shift toward electric and hybrid vehicles, the share of revenue from internal combustion engine (ICE) components, currently around 40% of Endurance Europe’s business, is projected to decline to about 25% by FY28.

Shares of Endurance Technologies Ltd ended higher on Wednesday, November 12, by 3.87% at ₹2,911.00 on the NSE.

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