Endurance Technologies Ltd (ENDURANCE)

Endurance Technologies Limited was originally established in 1985 as an aluminum die casting manufacturer. With a wide range of technology-intensive products reaching two, three, and four-wheel OEMs from multiple facilities in India and Europe, it is now the largest aluminum die casting company and two/three-wheel auto component manufacturer in India. In 2016, it entered into a License and Technical Assistance Agreement with BWI North America Inc., USA to jointly develop ABS products for two and three-wheelers; in 2017 it acquired a 7.4 acre of land in Halol, Gujarat, where it planned to set up a plant to manufacture front forks and shock absorbers; in 2018 it received an Eligibility Certificate from the Directorate of Industries, Government of Maharashtra, entitling it to incentives up to Rs 283.11 crore; in 2021 it set up an aluminium LPDC cylinder head, low pressure diecastings plant in Uttarakhand and doubled its disc brake assembly capacity in Waluj, Aurangabad. During 2020-2022, the company engaged in the manufacture of driveshafts, ABS for 150cc plus motorcycles, transmission housings for hybrid applications, suspensions and brakes, and various other products. It has seven subsidiaries as of March 2022 and continues to focus on making available technology-driven products to its customers.

Share Price: ₹1602.70 per share as on 22 Sep, 2023 11:20 AM
Market Capitalisation: ₹22,718.46Cr as of today
Revenue: ₹2,255.15Cr as on March 2023 (Q1 23)
Net Profit: ₹136.47Cr as on March 2023 (Q1 23)
Listing date: 19 Oct, 2016
Chairperson Name: Soumendra Mohan Basu