Endurance Technologies Limited (NSE: ENDURANCE) reported a consolidated total income of ₹3,645.58 crore for the quarter ended Dec. 31, 2025, representing a 26.5% increase from ₹2,881.10 crore in the same period the previous year. Net profit for the period rose to ₹221.64 crore, up 20.2% compared to ₹184.39 crore in the corresponding quarter of 2024.
The company identifies “Automotive Components” as its primary operating segment. Financial highlights for its geographical and entity divisions for the quarter include:
• Standalone (India): Revenue of ₹2,678 crore, a 22.2% year-over-year increase.
• Europe: Revenue of ₹965 crore, up 39.5% in rupee terms and 21% in Euro terms.
• Maxwell Energy Systems: Revenue reached ₹40 crore, an increase of 55.3% year-over-year.
For the nine months ended Dec. 31, 2025, consolidated total income was ₹10,603.90 crore, compared to ₹8,679.66 crore in 2024. Net profit for the nine-month period stood at ₹675.26 crore, up from ₹591.22 crore in the previous year.
Business and Operations Update
The company reported several capacity additions and infrastructure developments during the 2026 fiscal year. In Oct. 2025, production commenced at an alloy wheel plant in AURIC Bidkin with a capacity of 3.6 million wheels per annum.
Current infrastructure projects include:
• A lithium-ion battery pack plant in Pune, with commercial production expected in Q4 FY26.
• New infrastructure at the Sanand plant in Gujarat for solar dampers and actuators, with production expected in Q1 FY27.
• The AURIC Shendra project for machined castings and a new aluminum forging plant, both expected to begin operations in Q2 FY27.
Regulatory developments included the notification of new Indian Labour Codes in Nov. 2025. This resulted in an exceptional expense of ₹20.95 crore for the group related to gratuity and leave encashment.
Strategic Moves and M&A
On May 16, 2025, Endurance completed the acquisition of the remaining 38.50% stake in Maxwell Energy Systems Private Limited for ₹7.50 crore, making it a wholly-owned subsidiary.
The company also completed a 60% stake acquisition in the Stöferle entities in Germany on April 2, 2025, for €37.74 million. Effective Jan. 1, 2026, the group simplified its European structure by merging Endurance Engineering Srl and Endurance SpA into Endurance Castings SpA, which was subsequently renamed Endurance SpA.
Outlook
Business wins for the fiscal year to date total ₹1,283 crore in India and €15 million in Europe. Management noted that ₹4,200 crore of requests for quotation (RFQs) are currently under discussion with customers. In Europe, future revenues from internal combustion engine (ICE) orders are expected to reduce due to the industry transition to electric and hybrid vehicles.
Performance Summary
Endurance Technologies recorded consolidated revenue growth of 26.5% and a 20.2% rise in net profit for the quarter. Standalone India operations and European divisions both contributed to the increase in total income. The company is currently executing capacity expansions in battery packs, forging, and solar components scheduled for completion through early fiscal 2027.