Endurance Technologies reports strong Q2, H1 FY26 financial growth

Endurance Technologies Limited reported a consolidated total income of INR 3,604 crore for Q2 FY26, a 22.6% year-over-year (YoY) increase, and INR 6,958 crore for H1 FY26, up 20.0% YoY. Consolidated PAT increased by 12.0% to INR 227 crore for Q2 FY26 and by 11.5% to INR 454 crore for H1 FY26.

The company secured new business orders totaling Rs 4671 crore over the last five years, with H1 FY26 contributing Rs 588 crore. Key wins include Rs 909 crore in India for FY26 (including Rs 300 crore for battery packs) and € 12.7 million in Europe. EV orders in India reached a cumulative Rs 1195 crore (excluding battery-pack). European EV and hybrid orders accounted for € 94 Mn (41%) and € 109 Mn (45%) respectively of the last five years' cumulative orders.

Strategic initiatives included the acquisition of a 60% stake in Stöferle entities in Germany for € 37.74 million, contributing to a 32.5% growth in European operations in EUR terms for Q2 FY26. The company also expanded manufacturing capacities, including a new brakes plant near Chennai and a lithium-ion battery pack plant in Pune. H1 FY26 Capex was Rs 460 crore for standalone operations and € 22.3M for European business.