Endurance Technologies rides growth wave with strong Q2 FY26 results

Endurance Technologies reported a standalone total income of INR 2,692.2 crores for Q2 FY26, marking a 16.2% year-on-year growth. Consolidated total income surged 22.6% to INR 3,603.8 crores, with EBITDA growing 21.9% to INR 497.8 crores. PAT also increased by 12% to INR 227.3 crores. The company highlighted robust order wins in India, totaling INR 909 crores per annum in H1 FY26, with the EV segment contributing significantly at INR 1,012 crores per annum.

The company is strategically expanding its ABS capacity to 2.4 million units per annum and establishing a new Chennai plant for disc brake systems, expecting SOP in Q2 FY27. Its AURIC Bidkin 2W alloy plant, with an installed capacity of 3.6 million wheels per annum, has already commenced supplies for Bajaj Auto and will start for Royal Enfield next month. In Europe, new car sales rose 7.7% in Q2 FY26, and Endurance Europe's total income grew 32.5% with Stöferle consolidation.

Endurance has also initiated Battery Pack manufacturing near Pune, with SOP planned for January 2026 for a leading 2W OEM. Its subsidiary Maxwell achieved a record turnover of INR 74 crores in H1 FY26, securing new business worth INR 21 crores and a cumulative order book of INR 209 crores per annum. The company expects to reach INR 3,500 crores per annum in EV segment sales by FY28.