# Endurance Technologies share price today (Endurance Technologies Ltd, NSE: ENDURANCE)

> Endurance Technologies share price today: ₹2,507.10 at the NSE close on 4 November 2026, down 12.2% in a year. Endurance Technologies (NSE: ENDURANCE) is worth ₹35,271 crore, trades at a P/E of 35.9 and has closed between ₹2,237.40 and ₹3,029.50 over the past 52 weeks. > Endurance Technologies Ltd's earnings have grown faster than its share price. Earnings per share grew +13.8% in a year while the price moved −12.2%. ENDURANCE · Auto Ancillaries - Diversified · data as of 4 November 2026. Page: https://www.sectoralpha.in/stocks/endurance-technologies-ltd

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## Key numbers

- Business trend: Growing steadily, from the last 12 quarters
- Price: ₹2,507.10 (−12.2% in a year)
- P/E: 35.9× (lower than 70% of the last 10 years)
- Revenue (Jun 2026): ₹4,315 Cr (+30.0% on a year ago)
- Profit (Jun 2026): ₹245 Cr (+8.4% on a year ago)
- Operating margin: 12.0% (−1.0 points on a year ago)
- ROCE: 18%, FY26
- ROIC: 14.8%, against a 12.0% cost of capital: +2.8 points

The main question: yearly earnings per share moved +13.8% while the share price moved −12.2%. ## What is the Endurance Technologies share price today? Endurance Technologies Ltd's share price was ₹2,507.10 at the close on 4 November 2026. It has been falling for 1 week. That is 3.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹2,237 and ₹3,030, and at that close it sat 34% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 5 weeks running. Over the last 10 years the share price moved +300% while the NIFTY 500 moved +193%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 1 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Endurance Technologies this quarter? Three changes stood out: revenue up on a year earlier for 11 quarters in a row (every quarter we can compare), profit up on a year earlier for 11 quarters in a row (every quarter we can compare) and lowest operating margin in 10 quarters. 1. Revenue up on a year earlier for 11 quarters in a row (every quarter we can compare) In the June 2026 quarter revenue was ₹4,315 crore, +30% on a year earlier. Why: Revenue rose because overseas sales of electric and plug-in hybrid parts grew. Next results: check whether the new four-wheeler casting programs start and begin adding sales. From the earnings call on 14 Aug 2026. 2. Profit up on a year earlier for 11 quarters in a row (every quarter we can compare) In the June 2026 quarter profit was ₹245 crore, +8.4% on a year earlier. Why: Profit rose because the Maxwell battery unit made money for the first time. Next results: check whether profit improves as vehicle makers settle higher costs. From the earnings call on 14 Aug 2026. 3. Lowest operating margin in 10 quarters Operating margin was 12% in the June 2026 quarter, against 13% a year earlier. Why: The operating margin fell because vehicle makers had not yet settled higher raw material and conversion costs. Next results: check whether vehicle makers settle the higher costs and the margin recovers. From the earnings call on 14 Aug 2026. ## What are Endurance Technologies' latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Endurance Technologies reported revenue of ₹4,315 crore, up 30.0% from ₹3,319 crore a year earlier, and a profit of ₹245 crore, up 8.4% from ₹226 crore. ### Endurance Technologies results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹4,315 crore | ₹3,319 crore | +30.0% |
| Profit | ₹245 crore | ₹226 crore | +8.4% |
| Earnings per share | ₹17.38 | ₹16.09 | +8.0% |
| Operating margin | 12.0% | 13.0% | −1.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Endurance Technologies' management discussed these results on a call held on 14 August 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Endurance Technologies share price history? Endurance Technologies closed at ₹2,507.10 on 4 November 2026, down 12.2% from ₹2,855.90 a year earlier (7 November 2025) and up 31.8% over five years. Its highest weekly close since October 2016 was ₹3,029.50 on 21 August 2026. ### Endurance Technologies share price: then and now

| When | Close | Change to 4 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 30 Oct 2026 | ₹2,273.40 | +10.3% |
| 1 month ago · 1 Oct 2026 | ₹2,601.40 | −3.6% |
| 6 months ago · 8 May 2026 | ₹2,528.90 | −0.9% |
| 1 year ago · 7 Nov 2025 | ₹2,855.90 | −12.2% |
| 3 years ago · 3 Nov 2023 | ₹1,669.45 | +50.2% |
| 5 years ago · 4 Nov 2021 | ₹1,902.50 | +31.8% |
| 10 years ago · 4 Nov 2016 | ₹594.05 | +322.0% |
| Earliest weekly close in our records · 21 Oct 2016 | ₹626.25 | +300.3% |
| Highest weekly close since October 2016, also the 52-week high · 21 Aug 2026 | ₹3,029.50 | −17.2% |
| Lowest weekly close since October 2016 · 18 Nov 2016 | ₹542.40 | +362.2% |
| 52-week low (weekly close) · 23 Oct 2026 | ₹2,237.40 | +12.1% |

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (530 weekly closes from 21 October 2016 to 4 November 2026.)

## What is the latest news on Endurance Technologies? 4 Nov 2026: Endurance Technologies closed at ₹2,507.10, up 10.3% on the week and down 3.6% on the month. 14 Aug 2026: Endurance Technologies held its results call for April to June 2026. Management guided: FY27 India capital spending approximately ₹800 crore, similar to FY26; Maharashtra incentive ₹858 crore to be availed through GST refunds over roughly seven years. ### Earlier

- 31 Jul 2026: ex-date for a dividend of ₹11.50 a share. - Results for April to June 2026: Revenue up 30.0% and profit up 8.4% on a year earlier. ## What dividend does Endurance Technologies pay? Endurance Technologies paid ₹11.50 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.46% at the ₹2,507.10 close on 4 November 2026. The last was a dividend of ₹11.50 a share, ex-date 31 July 2026. ### Endurance Technologies dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 31 Jul 2026 | ₹11.50 | Dividend |
| 1 Aug 2025 | ₹10 | Dividend |
| 9 Aug 2024 | ₹8.50 | Dividend |
| 11 Aug 2023 | ₹7 | Dividend |
| 11 Aug 2022 | ₹6.25 | Dividend |
| 12 Aug 2021 | ₹6 | Dividend |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Endurance Technologies Ltd paid out 17% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 5 November 2026.)

## What did Endurance Technologies management say on the latest results call? On the call for April to June 2026, held on 14 August 2026, Endurance Technologies' management guided: FY27 India capital spending approximately ₹800 crore, similar to FY26; Maharashtra incentive ₹858 crore to be availed through GST refunds over roughly seven years. > “Mercedes decided to transfer this business in Europe. This is a part that we already have in our product portfolio, but only 60% of the total volume. The remaining 40% was with one of our competitors, which unfortunately, or fortunately, went bankrupt. The decision was therefore made to move the production capacity, partially at first and then 100%, to Endurance. …”
> Massimo Venuti, on the call for April to June 2026

### What management guided

- Standalone operating margin to improve in Q2 and Q3 as OEM raw-material, fuel, gas and manpower settlements take effect. - Braking calendar: ABS addition 9 lakh units per annum versus 12 lakh; CBS/ABS SOP September or early October 2026; dual-channel programs of 120,000 units each this quarter and October to December 2026; three-wheeler brake capacity 1.5 million by FY27-end; SMT next month. - New four-wheeler casting programs: September 2026 SOP and significant Q4 pickup; Isuzu hybrid Q4; Hyundai/Kia peak FY28. Alloy-wheel plant to reach full capacity by FY27-end. - Hero battery-pack plant peak volumes October to December 2026; four-wheeler battery-pack SOP January to March 2027 on ₹62 crore capital spending; Maxwell cumulative orders peak July to September 2027. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/5948/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 14 August 2026.)

## What is the future of Endurance Technologies? What is changing in the business? What is changing at Endurance Technologies, from the latest results and calls: four-wheeler aluminum castings ramp, electric vehicle component integration & battery packs and braking premiumization & dual-channel abs. - Four-Wheeler Aluminum Castings Ramp. Greenfield Auric Shendra and expanded Chakan facilities scaling global passenger vehicle casting orders toward 10% of company revenue by FY29. ✓ fact
- Electric Vehicle Component Integration & Battery Packs. Commercialization of proprietary battery packs and Maxwell battery management systems driving electric vehicle revenue expansion. ✓ fact
- Braking Premiumization & Dual-Channel ABS. Volume conversion from mechanical braking to hydraulic disc brakes and dual-channel anti-lock braking systems. ✓ fact
- Non-Automotive Solar Diversification. Export-oriented solar dampers and actuators platform commercializing from Sanand Gujarat facility. ✓ fact

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown. (Our read after the April to June 2026 results, written 22 August 2026.)

## What is Endurance Technologies' order book? Total order backlog stood at 5,323 crore since FY22 with 86% representing new business set to peak by FY29. ✓ fact

(Our read after the April to June 2026 results, written 22 August 2026.)

## What could change the Endurance Technologies story? What are the risks? Failure of automotive OEMs to absorb raw material inflation resulting in standalone operating margin persisting below 12.0% for three consecutive quarters, combined with further multi-quarter delays in four-wheeler casting commercialization. ### Each change stops working if

- Four-Wheeler Aluminum Castings Ramp: Global automotive OEMs delay platform launches or insource aluminum casting production. - Electric Vehicle Component Integration & Battery Packs: Two-wheeler electric vehicle adoption decelerates or automotive OEMs transition to captive battery pack assembly. - Non-Automotive Solar Diversification: Global solar tracker manufacturers face trade tariffs or defer utility-scale capital expenditure. ### The main risks

- : Systematic project commercialization delays across battery packs, anti-lock braking, castings, and forging presses. ⚠ estimate
- : Raw material inflation and conversion cost pass-through lags compressing standalone operating margins. ⚠ estimate
- : European automotive production contraction and elevated energy structural costs. ⚠ estimate
- : Customer concentration in domestic two-wheeler manufacturers exposing revenue to single-OEM volume cycles. ⚠ estimate

(Our read after the April to June 2026 results, written 22 August 2026.)

## What to watch in Endurance Technologies' next results? When Endurance Technologies reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Standalone margin recovery after OEM pass-through settlements - check whether reported profitability improves from the commodity-pressured base. - What to check (from the call)
- Standalone margin recovery after OEM pass-through settlements - check whether reported profitability improves from the commodity-pressured base. - New four-wheeler casting platform SOP and initial loading - check whether global-OEM programs begin contributing as planned. - Maxwell BMS and battery-pack ramps - check customer additions, volume conversion and sustained positive subsidiary earnings. - European order conversion amid Chinese-OEM pressure - check whether profitable growth continues despite lower production. ## Which stock lists is Endurance Technologies on? Endurance Technologies is on one of our India lists: Small & mid cap stocks. [Small & mid cap stocks Size rank in India: 263](https://www.sectoralpha.in/small-cap-stocks-india)

## Is Endurance Technologies profitable? Endurance Technologies Ltd earned ₹245 Cr of net profit in the Jun 2026 quarter, +8.4% on the same quarter a year earlier. That is the 12th quarter in a row of profit growth. Full-year FY26 profit was ₹952 Cr. Over 10 years profit has grown 12.2% a year on average. That is 5.7% of the quarter's revenue. The same quarter a year earlier earned ₹226 Cr. For the full year, FY26 profit was ₹952 Cr (+13.9% on the year before). Why profit moved: revenue changed +30.0% on a year earlier and the margin moved −1.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +13.4% and revenue +29.3%. Profit is growing slower than sales: rising costs are taking part of the growth. FY26-Q4. revenue ₹4,086 Cr and profit ₹276 Cr as reported. FY27-Q1. revenue ₹4,315 Cr and profit ₹245 Cr as reported. Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters. ## How much revenue does Endurance Technologies make, and is it growing? Endurance Technologies Ltd reported ₹4,315 Cr of revenue in the Jun 2026 quarter, +30.0% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 10.8% a year on average. The last full year, FY26, came in at ₹14,596 Cr. Why this happened. Four-wheeler business represented 6% of revenue in Q1 FY27 (180 crore) but captured 60% of new business intake. Peak annual potential from new platform wins stands at 530 crore, spanning an American electric vehicle manufacturer, Jaguar Land Rover, Valeo, and Hyundai/Kia. Commercial production commences September 2026 with volume acceleration guided for Q4 FY27. The last four reported quarters add to ₹15,592 Cr. FY26 revenue was ₹14,596 Cr, +26.3% on the year before. Recent pace: the last four quarters grew +29.3% on average, against 10.8% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +29.4%, against +21.2% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +13.1%, against +16.0% a year (stabilising). FY26-Q4. revenue ₹4,086 Cr and profit ₹276 Cr as reported. FY27-Q1. revenue ₹4,315 Cr and profit ₹245 Cr as reported. Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters. ## How much of every ₹100 of sales does Endurance Technologies keep? Endurance Technologies Ltd's operating margin was 12.0% in the Jun 2026 quarter, 1.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 12.0% and 16.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −0.9 percentage points on the year while gross margin changed −3.4 points. So the drop came mostly from the gross margin, which means input costs and prices charged. FY26-Q4. revenue ₹4,086 Cr and profit ₹276 Cr as reported. FY27-Q1. revenue ₹4,315 Cr and profit ₹245 Cr as reported. Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters. ## Is Endurance Technologies' profit turning into cash? Over the last 3 years, 180% of Endurance Technologies Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹1,851 Cr of operating cash against ₹952 Cr of profit. After ₹2,572 Cr of spending on assets, free cash was −₹721 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 180% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle. What to look at next: the bigger use of cash is spending on new assets, at 2.6× depreciation over three years. The next section checks what that spending is building. ## Where does Endurance Technologies' cash go? Endurance Technologies Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was −6 days in FY26, up from −10 days in FY21. It spent ₹4,622 Cr on assets over the last 3 years. Customers take 46 days to pay, and stock sits for 50 days on average. Why this happened. Domestic electric vehicle revenue expanded 87.4% year-over-year in Q1 FY27 to 130 crore. Battery pack production for Hero MotoCorp commenced in June 2026 with 350-360 crore peak annual potential. Subsidiary Maxwell achieved positive net earnings with quarterly revenue up 21% to 56.5 crore and cumulative orders reaching 238 crore per annum. At FY26 sales of ₹14,596 Cr, each day of that cycle ties up about ₹40.0 Cr, so roughly −₹240 Cr is tied up in the business at any time. FY26: customers took 46 days to pay and stock sat for 50 days, about 1.6 months of sales sitting as stock, for a full cycle of −6 days, longer than FY21's −10. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 50 days. Customers pay about 46 days after that. Suppliers are paid at 102 days. Together that makes the −6-day cycle. Spending on assets: ₹4,622 Cr over the last 3 years, against ₹1,747 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹488 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Endurance Technologies' P/E ratio, and how does it compare with its own history? Endurance Technologies Ltd's P/E is 35.9×, near the low end of its own history: it has been lower only 30% of the time. Its usual P/E (the middle reading) is 40.4×, over 10 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹68.95. Why the multiple is where it is: over the past year earnings per share moved +13.8% while the price moved −12.2%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +5.7% a year; about +8.0% a year came from earnings growth and about −2.3 percentage points from the multiple (the market paying less); over 10 years the price moved +15.5% a year; about +11.9% a year came from earnings growth and about +3.6 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## What growth does the Endurance Technologies share price assume? Worked out from its price on 25 August 2026, Endurance Technologies Ltd's share price assumed profit growth of about 24.7% a year. Over the past 10 years its profit actually grew 12.2% a year. Today its P/E is 35.9×, lower than 70% of its own last 10 years. This is a one-day reading, taken on 25 August 2026. Every other number on this page, the multiple included, uses the latest price as of 4 November 2026. A higher price assumes more growth and a lower price less, so it changes whenever the price changes, and this page does not update it between measurements. ## Is the Endurance Technologies business getting better or worse? Endurance Technologies Ltd's business is growing steadily. Revenue, profit and EPS growth have stayed positive throughout, and ROCE is steady at 18.7%. This is based on 12 quarters of 4 measures. Why it matters: steady growth with healthy returns is how a business compounds over time. ## What is the Endurance Technologies story, and has it been checked? Endurance Technologies Ltd's story is not scored yet against the checks our research set on 22 August 2026. Where it sits in its own cycle: Not stated in the research file. Our read, 22 August 2026. What is proven. What is not proven yet. Failure of automotive OEMs to absorb raw material inflation resulting in standalone EBITDA margin persisting below 12.0% for three consecutive quarters, combined with further multi-quarter delays in four-wheeler casting commercialization. What would change our mind. Failure of automotive OEMs to absorb raw material inflation resulting in standalone EBITDA margin persisting below 12.0% for three consecutive quarters, combined with further multi-quarter delays in four-wheeler casting commercialization. The test written in advance. Failure of automotive OEMs to absorb raw material inflation resulting in standalone EBITDA margin persisting below 12.0% for three consecutive quarters, combined with further multi-quarter delays in four-wheeler casting commercialization. Measured by: the thesis as written as stated by the next result. What the company does. Secured 5,323 crore order backlog peaking in FY29 across four-wheeler castings, battery packs, and braking systems. Near-term standalone margins reflect a 152 bps commodity lag and startup friction, with pricing pass-through expected in subsequent quarters. Lever 10 · New geographies: building. Export-oriented solar dampers and actuators platform commercializing from Sanand Gujarat facility. What proves it keeps working: Non-Automotive Solar Diversification. It stops working if Global solar tracker manufacturers face trade tariffs or defer utility-scale capital expenditure. Sources: our stock research file (22 August 2026) · quarterly results through Jun 2026 · the company’s own earnings calls. The story check is re-scored every results season; the record below never changes. ## Did Endurance Technologies management deliver what it promised? What Endurance Technologies Ltd's management promised, against what actually happened: 4 promises on the record. Read straight from the company’s own earnings calls. A promise that slipped stays on this page after it is met. Dual-channel ABS Program Delayed · 14 August 2026. The May 2026 call scheduled the second 120,000-unit dual-channel ABS program for Q2 FY 27. In Aug 2026, management moved it to Q3 FY27 without explaining the one-quarter delay. Four-wheeler Casting SOP Pushed Out · 14 August 2026. In May 2026, management expected SOP for the US EV OEM in June 2026 and JLR in July-August 2026. In Aug 2026, it said SOP for the relevant four-wheeler casting programs would start in September 2026, with no explanation for the later timing despite the material plant order book. Maxwell Order Peak Receded · 14 August 2026. The May 2026 call cited Rs.247 crores per annum of cumulative orders peaking in Q2 of the next financial year, while the Feb 2026 call cited a Q4 peak in the next financial year. In Aug 2026, cumulative orders were Rs.238 crores per annum and the peak was again described as Q2 of the next financial year, which implies a later peak relative to the FY26 calls and a lower order value despite new wins; management did not explain the change. Tata Four-wheeler Driveshaft SOP Deferred · 14 August 2026. The May 2026 call said the Tata Motors driveshaft SOP would start in June 2026. In Aug 2026, management shifted the timing to the next quarter without giving a reason, even while stating that peak business would be reached by October 2026. Every quote above is taken word for word from the company’s own earnings calls. ## What is Endurance Technologies management's track record? Timing discipline weak; integration execution strong. ### Regulatory and governance record

No Endurance-specific SEBI/CBI/ED action; red flags sweep surfaced only unrelated scrips (Refex, HDFC-merger trader, RHI Magnesita)

0% Promoter shares pledged

Sources:

- [pitchbook.com](https://pitchbook.com)
- [sebi.gov.in](https://www.sebi.gov.in/enforcement/orders)
- [economictimes.indiatimes.com](https://economictimes.indiatimes.com)

(Checked 21 July 2026.)

## How much does Endurance Technologies earn on its capital? Endurance Technologies Ltd earned a ROCE of 18% in FY26. That is up from a low of 14% in FY22. Its return on capital used (ROIC) is 2.8 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 6.5% net margin and 1.26× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 6.5% net margin × 1.26× asset turnover × 1.70× leverage (assets divided by equity) ≈ 13.9% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 14.8% − 12.0% = +2.8 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. The 14.8% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 16.5%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Endurance Technologies have too much debt? Endurance Technologies Ltd has total debt of ₹1,327 Cr against shareholder equity of ₹6,841 Cr as of Jun 2026, so its debt is 0.19× its equity, which is very little. Year by year, that ratio went from 0.11 in FY22 to 0.19 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Endurance Technologies shareholding pattern? Domestic institutions cut their stake in Endurance Technologies Ltd by 3.1 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 10.5% of the company. Foreign institutions moved +2.5 points over the same period, to 12.1%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: −3.1 points over 8 quarters, to 10.5%; Foreign institutions: +2.5 points over 8 quarters, to 12.1%; Promoters: +0.0 points over 8 quarters, to 75.0%. Why the owners changed: foreign institutions moved +2.5 points and domestic institutions −3.1 points over 8 quarters, while promoters stayed about the same. One group of institutions took over shares from the other; it is not a change of mind by the people running the company. ## How far is Endurance Technologies from balance-sheet trouble? For Endurance Technologies Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Endurance Technologies rank in its industry? 43.8 out of 100, rank 18 of 21 in Auto Ancillaries - Diversified, with 96% of the evidence available. Endurance Technologies Ltd scores 43.8 out of 100 against the 21 companies it is compared with in Auto Ancillaries - Diversified, ranking 18. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 17.1 + 13.8 + 10.4 + 2.5 = 43.8. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Endurance Technologies compared with? Endurance Technologies ranks 18 of 21 Auto Ancillaries - Diversified companies on the 4-Factor Sector Score, with 43.8 out of 100. 1. [Lumax Auto Technologies Ltd](https://www.sectoralpha.in/stocks/lumax-auto-technologies-ltd) LUMAXTECH · breaking out · Most evidence points up · 100% evidence 76.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.1/35 · Revenue 32.9% · Profit 57.5% · Operating margin change 0 points · 100% evidence Capital efficiency 19.0/25 · ROCE 21.2% · Operating margin 13% · 100% evidence Valuation 11.1/20 · P/E 37.2× · PEG 0.75 · 100% evidence Relative strength 18.8/20 · Lead over its industry 14.3% · Lead over NIFTY 500 27.5% · 1 year 79.4% · 100% evidence · 12 of 12 weeks ahead Exact sum: 27.1 + 19 + 11.1 + 18.8 = 76 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [S J S Enterprises Ltd](https://www.sectoralpha.in/stocks/s-j-s-enterprises-ltd) SJS · losing its lead · Most evidence points up · 96% evidence 71.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.0/35 · Revenue 28.6% · Profit 67.5% · Operating margin change 2 points · 88% evidence Capital efficiency 21.8/25 · ROCE 28.6% · Operating margin 29% · 100% evidence Valuation 12.1/20 · P/E 35.1× · PEG 0.89 · 100% evidence Relative strength 8.7/20 · Lead over its industry 0.6% · Lead over NIFTY 500 11.7% · 1 year 28.6% · 100% evidence · 8 of 12 weeks ahead Exact sum: 29 + 21.8 + 12.1 + 8.7 = 71.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [OBSC Perfection Ltd](https://www.sectoralpha.in/stocks/obsc-perfection-ltd) OBSCP · leader · Most evidence points up · 75% evidence 65.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.0/35 · Revenue 82.9% · Profit 100% · Operating margin change -1 points · 95% evidence Capital efficiency 16.8/25 · ROCE 19.5% · Operating margin 17% · 76% evidence Valuation 9.0/20 · P/E 55.2× · PEG n/a · 15% evidence Relative strength 18.9/20 · Lead over its industry 58.5% · Lead over NIFTY 500 70.6% · 1 year 162.4% · 100% evidence · 12 of 12 weeks ahead Exact sum: 21 + 16.8 + 9 + 18.9 = 65.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Jay Bharat Maruti Ltd](https://www.sectoralpha.in/stocks/jay-bharat-maruti-ltd) JAYBARMARU · quiet · Evidence leans up · 96% evidence 63.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.1/35 · Revenue 13.3% · Profit 100% · Operating margin change -2 points · 88% evidence Capital efficiency 15.2/25 · ROCE 16.6% · Operating margin 10% · 100% evidence Valuation 19.4/20 · P/E 9× · PEG 0.39 · 100% evidence Relative strength 6.3/20 · Lead over its industry -3.1% · Lead over NIFTY 500 7% · 1 year 27.6% · 100% evidence · 2 of 12 weeks ahead Exact sum: 22.1 + 15.2 + 19.4 + 6.3 = 63 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Sansera Engineering Ltd](https://www.sectoralpha.in/stocks/sansera-engineering-ltd) SANSERA · leader · Evidence leans up · 96% evidence 60.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.7/35 · Revenue 23.5% · Profit 52.2% · Operating margin change 2 points · 88% evidence Capital efficiency 11.6/25 · ROCE 14.5% · Operating margin 19% · 100% evidence Valuation 6.9/20 · P/E 68.9× · PEG 1.29 · 100% evidence Relative strength 18.6/20 · Lead over its industry 43.4% · Lead over NIFTY 500 56.1% · 1 year 171.6% · 100% evidence · 12 of 12 weeks ahead Exact sum: 23.7 + 11.6 + 6.9 + 18.6 = 60.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Carraro India Ltd](https://www.sectoralpha.in/stocks/carraro-india-ltd) CARRARO · quiet · Evidence leans up · 89% evidence 60.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.6/35 · Revenue 26.3% · Profit 47.8% · Operating margin change -2 points · 88% evidence Capital efficiency 18.1/25 · ROCE 29.3% · Operating margin 8% · 100% evidence Valuation 15.6/20 · P/E 19.5× · PEG 0.42 · 65% evidence Relative strength 3.9/20 · Lead over its industry -15.6% · Lead over NIFTY 500 -5% · 1 year -8.6% · 100% evidence · 0 of 12 weeks ahead Exact sum: 22.6 + 18.1 + 15.6 + 3.9 = 60.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Craftsman Automation Ltd](https://www.sectoralpha.in/stocks/craftsman-automation-ltd) CRAFTSMAN · leader · Evidence leans up · 82% evidence 59.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.5/35 · Revenue 35.9% · Profit 100% · Operating margin change -2 points · 95% evidence Capital efficiency 11.8/25 · ROCE 13.9% · Operating margin 13% · 76% evidence Valuation 7.1/20 · P/E 50.6× · PEG n/a · 50% evidence Relative strength 15.7/20 · Lead over its industry 12.6% · Lead over NIFTY 500 24.7% · 1 year 53.8% · 100% evidence · 12 of 12 weeks ahead Exact sum: 24.5 + 11.8 + 7.1 + 15.7 = 59.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Bosch Ltd](https://www.sectoralpha.in/stocks/bosch-ltd) BOSCHLTD · leader · Evidence leans up · 78% evidence 57.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.9/35 · Revenue 13.6% · Profit -11.4% · Operating margin change 1 points · 83% evidence Capital efficiency 17.7/25 · ROCE 21.5% · Operating margin 14% · 76% evidence Valuation 6.0/20 · P/E 58.9× · PEG n/a · 50% evidence Relative strength 18.0/20 · Lead over its industry 13.3% · Lead over NIFTY 500 26.1% · 1 year 26.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 15.9 + 17.7 + 6 + 18 = 57.6 · What this means: Relative strength against the index is 26.1%, and revenue and profit growth are weak. 9. [Minda Corporation Ltd](https://www.sectoralpha.in/stocks/minda-corporation-ltd) MINDACORP · quiet · Evidence leans up · 81% evidence 56.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.1/35 · Revenue 26.6% · Profit 94.9% · Operating margin change 0 points · 88% evidence Capital efficiency 9.5/25 · ROCE 12.7% · Operating margin 11% · 100% evidence Valuation 8.4/20 · P/E 37.5× · PEG 1.58 · 100% evidence Relative strength 11.0/20 · Lead over its industry n/a · Lead over NIFTY 500 9% · 1 year 12.2% · 25% evidence · 7 of 12 weeks ahead Exact sum: 27.1 + 9.5 + 8.4 + 11 = 56 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Suprajit Engineering Ltd](https://www.sectoralpha.in/stocks/suprajit-engineering-ltd) SUPRAJIT · losing its lead · Evidence leans up · 81% evidence 54.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.6/35 · Revenue 18.4% · Profit 73.2% · Operating margin change 3 points · 88% evidence Capital efficiency 12.3/25 · ROCE 15.5% · Operating margin 12% · 100% evidence Valuation 5.1/20 · P/E 34.6× · PEG 5.51 · 100% evidence Relative strength 10.9/20 · Lead over its industry n/a · Lead over NIFTY 500 8.3% · 1 year 6.1% · 25% evidence · 7 of 12 weeks ahead Exact sum: 26.6 + 12.3 + 5.1 + 10.9 = 54.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Varroc Engineering Ltd](https://www.sectoralpha.in/stocks/varroc-engineering-ltd) VARROC · leader · Evidence leans up · 81% evidence 53.8 out of 100 Growth Capital Valuation Relative
12. [Automobile Corporation Of Goa Ltd](https://www.sectoralpha.in/stocks/automobile-corporation-of-goa-ltd) ACGL · quiet · Evidence leans up · 85% evidence 51.4 out of 100 Growth Capital Valuation Relative
13. [Samvardhana Motherson International Ltd](https://www.sectoralpha.in/stocks/samvardhana-motherson-international-ltd) MOTHERSON · leader · Evidence leans down · 96% evidence 48.5 out of 100 Growth Capital Valuation Relative
14. [Munjal Auto Industries Ltd](https://www.sectoralpha.in/stocks/munjal-auto-industries-ltd) MUNJALAU · losing its lead · Evidence leans down · 78% evidence 47.8 out of 100 Growth Capital Valuation Relative
15. [Motherson Sumi Wiring India Ltd](https://www.sectoralpha.in/stocks/motherson-sumi-wiring-india-ltd) MSUMI · basing · Evidence leans down · 100% evidence 46.9 out of 100 Growth Capital Valuation Relative
16. [Sharda Motor Industries Ltd](https://www.sectoralpha.in/stocks/sharda-motor-industries-ltd) SHARDAMOTR · losing its lead · Evidence leans down · 96% evidence 46.1 out of 100 Growth Capital Valuation Relative
17. [NDR Auto Components Ltd](https://www.sectoralpha.in/stocks/ndr-auto-components-ltd) NDRAUTO · quiet · Evidence leans down · 96% evidence 45.9 out of 100 Growth Capital Valuation Relative
18. Endurance Technologies Ltd this page ENDURANCE · quiet · Evidence leans down · 96% evidence 43.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.1/35 · Revenue 29.4% · Profit 13.1% · Operating margin change -1 points · 88% evidence Capital efficiency 13.8/25 · ROCE 17.8% · Operating margin 12% · 100% evidence Valuation 10.4/20 · P/E 32.5× · PEG 2.33 · 100% evidence Relative strength 2.5/20 · Lead over its industry -17.6% · Lead over NIFTY 500 -7.4% · 1 year -19.9% · 100% evidence · 5 of 12 weeks ahead Exact sum: 17.1 + 13.8 + 10.4 + 2.5 = 43.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 19. [ZF Commercial Vehicle Control System India Ltd](https://www.sectoralpha.in/stocks/zf-commercial-vehicle-control-system-india-ltd) ZFCVINDIA · quiet · Evidence leans down · 96% evidence 36.7 out of 100 Growth Capital Valuation Relative
20. [Mercury EV-Tech Ltd](https://www.sectoralpha.in/stocks/mercury-ev-tech-ltd) MERCURYEV · quiet · Most evidence points down · 68% evidence 31.1 out of 100 Growth Capital Valuation Relative
21. [Precision Camshafts Ltd](https://www.sectoralpha.in/stocks/precision-camshafts-ltd) PRECAM · quiet · Most evidence points down · 81% evidence 25.5 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Auto Ancillaries - Diversified](https://www.sectoralpha.in/sectors/auto-ancillaries-diversified), all 21 compared on one page. ## Which companies are close to Endurance Technologies in size? Endurance Technologies is the 3rd largest of 21 Auto Ancillaries - Diversified companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Samvardhana Motherson International and Bosch. Just below it: Craftsman Automation, Sansera Engineering, ZF Commercial Vehicle Control System India and Motherson Sumi Wiring India. ### Auto Ancillaries - Diversified companies close in size

1. [Samvardhana Motherson International Ltd](https://www.sectoralpha.in/stocks/samvardhana-motherson-international-ltd) ₹1,66,792 crore
2. [Bosch Ltd](https://www.sectoralpha.in/stocks/bosch-ltd) ₹1,39,222 crore
3. Endurance Technologies Ltd ₹31,978 crore
4. [Craftsman Automation Ltd](https://www.sectoralpha.in/stocks/craftsman-automation-ltd) ₹26,863 crore
5. [Sansera Engineering Ltd](https://www.sectoralpha.in/stocks/sansera-engineering-ltd) ₹25,664 crore
6. [ZF Commercial Vehicle Control System India Ltd](https://www.sectoralpha.in/stocks/zf-commercial-vehicle-control-system-india-ltd) ₹23,916 crore
7. [Motherson Sumi Wiring India Ltd](https://www.sectoralpha.in/stocks/motherson-sumi-wiring-india-ltd) ₹23,304 crore

[All 21 Auto Ancillaries - Diversified companies, largest first](https://www.sectoralpha.in/sectors/auto-ancillaries-diversified#all-companies)

### Companies close in size in other industries

1. [Nuvama Wealth Management Ltd](https://www.sectoralpha.in/stocks/nuvama-wealth-management-ltd) ₹32,032 crore · Finance - Capital Markets - Wealth Management
2. [Mindspace Business Parks REIT](https://www.sectoralpha.in/stocks/mindspace-business-parks-reit) ₹31,980 crore · Real Estate Investment Trusts
3. Endurance Technologies Ltd ₹31,978 crore
4. [P I Industries Ltd](https://www.sectoralpha.in/stocks/p-i-industries-ltd) ₹31,861 crore · Pesticides/Agrochemicals
5. [Piramal Pharma Ltd](https://www.sectoralpha.in/stocks/piramal-pharma-ltd) ₹31,807 crore · Pharma - API & CRAMS

## What else do people ask about Endurance Technologies? ### What is Endurance Technologies's share price today? Endurance Technologies Ltd's share price is ₹2,507.10, −12.2% over the past year. The whole company is worth ₹35,271 Cr on the market. In the last 52 weeks it traded between ₹2,237 to ₹3,030; today it is 34% of the way up from the low, 3.7% below its 200-day average (as of 4 November 2026). ### What were Endurance Technologies's latest quarterly results? Endurance Technologies Ltd reported revenue of ₹4,315 Cr and net profit of ₹245 Cr for the Jun 2026 quarter. Revenue rose 30.0% and profit rose 8.4% compared with a year earlier. Earnings per share were ₹17.38. The operating margin was 12.0%, 1.0 percentage points lower than a year earlier (as of 4 November 2026). ### What is Endurance Technologies's market cap? Endurance Technologies Ltd's market capitalisation is ₹35,271 Cr at a share price of ₹2,507.10. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is Endurance Technologies performing? Endurance Technologies Ltd's share price has been falling for 1 weeks. In its latest quarter, revenue rose 30.0% and profit rose 8.4% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 5 weeks running (as of 4 November 2026). ### Will Endurance Technologies's share price go up? This page does not forecast Endurance Technologies Ltd's share price. What it shows instead: the share price is ₹2,507.10, and it has been falling for 1 weeks. Its P/E of 35.9× is higher than 30% of its own last 10 years (as of 4 November 2026). ### Who owns Endurance Technologies? Promoters own 75.0% of Endurance Technologies Ltd, foreign institutions 12.1%, domestic institutions 10.5% and the public 2.5% (latest quarter). The biggest change over the last two years: Domestic institutions cut their stake by 3.1 percentage points over 8 quarters (as of 4 November 2026). ### Where is Endurance Technologies in its business cycle? Endurance Technologies Ltd's FY26 operating margin was 13.0%, against a 13-year range of 12.0% to 16.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 12.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the Endurance Technologies story? The main question: yearly earnings per share moved +13.8% while the share price moved −12.2%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is Endurance Technologies a stock worth studying right now? What the numbers show: Endurance Technologies Ltd's earnings have grown faster than its share price. Earnings per share grew +13.8% in a year while the price moved −12.2%. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ### Is there a Endurance Technologies share price forecast for 2026? What management itself guided: FY27 India capital spending approximately ₹800 crore, similar to FY26; Maharashtra incentive ₹858 crore to be availed through GST refunds over roughly seven years. What is changing at Endurance Technologies, from the latest results and calls: four-wheeler aluminum castings ramp, electric vehicle component integration & battery packs and braking premiumization & dual-channel abs. What would change the story: Failure of automotive OEMs to absorb raw material inflation resulting in standalone operating margin persisting below 12.0% for three consecutive quarters, combined with further multi-quarter delays in four-wheeler casting commercialization. ### Where does this page get Endurance Technologies' management information? From Endurance Technologies' results calls, its filings and public records on governance, each dated on the page. Management’s plans are shown as plans, never as results. ## Lists

- Small & mid cap stocks: https://www.sectoralpha.in/small-cap-stocks-india

This is research, not advice. We’re not SEBI-registered.