Auto components manufacturer making castings, suspension and braking systems mainly for two-wheelers, with European operations.
Auto components manufacturer making castings, suspension and braking systems mainly for two-wheelers, with European operations.
Wins supply contracts for each new motorcycle or scooter platform, then ships in step with the maker's output, so sales follow two-wheeler production in India, where Bajaj Auto is the largest customer. Its Italian and German subsidiaries serve European vehicle makers and give it technology it uses at home.
Moat: narrow (customer qualification, process know-how). Deep OEM qualification with major two-wheeler makers plus European casting/suspension technology.
Headquarters: Aurangabad, India · Founded: 1985 · Employees: 18,721
Size Endurance Technologies (ENDURANCE.NS) is an India Industrials company (Metal Fabrication) with a market value of $3.71B, the 250th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹2,502 on 6 Nov 2026.
Performance Over six months the shares fell 1.4%, against -15.9% for the median peer and 0.0% for the India market (cap-weighted) — 7th highest of 19 in its peer set.
Growth Revenue grew 32.0% over the last twelve months (peer median +20.9%); the operating margin is 7.7% (peer median 10.0%).
Valuation It trades at 32.3× forward earnings against a peer median of 39.4× (8th cheapest of 19).
Price implies For today's price to make sense, revenue must grow about 30% a year for seven years (Req g). Recent delivered growth is +18%, so the hurdle is +12 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 0.6 points above its cost of capital (13.6% WACC).
Next results Next results expected around 9 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹168B | ₹145B | ₹115B | ₹101B | ₹87.3B |
| Revenue growth | — | +26% | +13% | +16% | — |
| Gross profit | ₹45.4B | ₹17.3B | ₹14.1B | ₹11.7B | ₹8.96B |
| EBITDA | ₹21.4B | ₹18.5B | ₹14.7B | ₹12.4B | ₹9.74B |
| Net income | ₹10.2B | ₹9.52B | ₹8.36B | ₹6.80B | ₹4.80B |
| Free cash flow | n/a | ₹5.22B | ₹4.51B | ₹1.94B | ₹2.24B |
| Capital expenditure | n/a | ₹13.0B | ₹10.5B | ₹8.35B | ₹6.36B |
| Total debt | ₹13.6B | ₹13.3B | ₹9.44B | ₹7.65B | ₹5.15B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Endurance Technologies ENDURANCE.NS | $3.71B | -1% | +32% | 8% | 32.3× | 29.9% |
| Sundram Fasteners SUNDRMFAST.NS | $2.40B | +24% | +17% | 12% | 31.6× | 28.4% |
| Minda MINDACORP.NS | $1.80B | +33% | +33% | 8% | 37.6× | 32.0% |
| Gabriel India GABRIEL.NS | $2.58B | +22% | +24% | 7% | 47.7× | 55.1% |
| Sansera Engineering SANSERA.NS | $2.86B | +70% | +23% | 13% | 61.5× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ENDURANCE.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -0.5% | -6.1% | 8th highest of 20 |
| 6-month return | -1.4% | -15.9% | 7th highest of 19 |
| Distance from 52-week high | -18.6% | -44.5% | 5th highest of 20 |
| Revenue growth (TTM) | +32.0% | +20.9% | 7th highest of 21 |
| Operating margin | 7.7% | 10.0% | 10th lowest of 21 |
| Forward P/E | 32.3× | 39.4× | 8th cheapest of 19 |
| Growth the price implies (Req g, 7 yrs) | 29.9% | 16.5% | 2nd most demanding of 8 |
| Growth delivered (Del g) | +17.6% | +13.9% | 3rd highest of 8 |
| Hurdle (Req g minus delivered) | +12.4 pp | +0.3 pp | 2nd most demanding of 8 |
| ROIC minus cost of capital | +0.6 pp | -3.2 pp | 8th highest of 21 |
| EV / EBITDA | 16.2× | 15.8× | 4th most expensive of 8 |
| Net debt / EBITDA | -0.2× | 0.1× | 5th least indebted of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Endurance Technologies ENDURANCE.NS | India | $3.71B | -1% | +32% | 8% | 32.3× | 29.9% | +17.6% |
| Shyam Metalics & Energy SHYAMMETL.NS | India | $3.84B | +47% | +26% | 9% | 19.3× | n/a | n/a |
| Sinomach Precision Industry 002046.SZ | China | $3.47B | -17% | -1% | 4% | 75.7× | n/a | n/a |
| PTC Industries PTCIL.NS | India | $4.09B | +45% | +95% | 19% | 174.5× | n/a | n/a |
| Hengdian Group DMEGC Magnetics 002056.SZ | China | $4.16B | -9% | +3% | 7% | 14.5× | n/a | n/a |
| POCO 300811.SZ | China | $4.24B | -15% | +48% | 24% | 38.4× | n/a | n/a |
| JL Mag Rare-Earth 300748.SZ | China | $4.54B | -27% | +39% | 11% | 33.1× | 22.1% | +26.1% |
| Shaanxi Sirui Advanced Materials 688102.SS | China | $2.99B | -39% | +38% | 11% | 96.5× | n/a | n/a |
| Zhejiang XCC 603667.SS | China | $2.99B | -20% | -15% | 2% | 91.0× | 47.9% | +13.9% |
| Zetwerk Manufacturing Businesses ZETWERK.NS | India | $2.96B | n/a | +40% | 1% | n/a | n/a | n/a |
| Avic Heavy Machinery 600765.SS | China | $2.84B | -23% | -13% | 4% | 23.1× | n/a | n/a |
| Tolerance Technology (Jiangsu) 301583.SZ | China | $2.82B | n/a | +18% | 15% | n/a | n/a | n/a |
| Jiujiang Defu Technology 301511.SZ | China | $5.09B | -28% | +69% | 6% | 44.4× | n/a | n/a |
| Jyoti Cnc Automation JYOTICNC.NS | India | $2.45B | +32% | +18% | 21% | 53.8× | n/a | n/a |
| Bossard BOSN.SW | Switzerland | $2.42B | +55% | +7% | 11% | 20.1× | 5.9% | +5.6% |
| Schaeffler India SCHAEFFLER.NS | India | $5.83B | -17% | +23% | 15% | 40.4× | 29.7% | +20.8% |
| Maruichi Steel Tube 5463.T | Japan | $2.32B | +5% | -2% | 14% | 11.9× | -2.7% | +8.6% |
| Taihan Cable & Solution 001440.KS | South Korea | $2.31B | -70% | +22% | 5% | 99.2× | n/a | n/a |
| Anhui Honglu Steel Construction (Group) 002541.SZ | China | $2.30B | +4% | +12% | 5% | 16.0× | 3.8% | +10.4% |
| Zhejiang Changsheng Sliding Bearings 300718.SZ | China | $2.25B | -29% | +20% | 21% | 47.3× | 16.5% | +14.1% |
| Lizhong Sitong Light Alloys 300428.SZ | China | $2.14B | -3% | +24% | 4% | 11.8× | n/a | n/a |