Endurance Technologies Ltd stands as India's largest aluminum die-casting company and the largest 2 & 3 wheeler auto component manufacturer in India. The company operates as an end-to-end supplier right from design to manufacturing – culminating into after sales service. Incorporated in year 2000, Endurance Technologies is in the business of manufacturing two-wheeler and three-wheeler automotive component, while also serving four-wheeler passenger vehicles, light commercial vehicles and heavy commercial vehicles.
The company operates 25 plants across India, Italy and Germany, with 18 manufacturing plants in India located in the major automotive manufacturing belts. Endurance also has 2 manufacturing facilities in Germany and 5 in Italy, where the company predominantly caters to four-wheeler OEMs, focusing on engine and transmission components.
Endurance Technologies' product profile consists mainly of four categories: Aluminium Die-castings, Suspensions, Transmissions, and Braking systems. The company has established itself as a complete solutions provider across multiple automotive segments.
Endurance is the largest Aluminium die-casting organization in India and market leaders in Aluminium die-casting and machining for 2, 3 & 4 wheelers. With over three decades of experience in design, development, and manufacturing of high pressure, low pressure, and gravity die-casting products for Indian and overseas OEMs, the company has developed significant expertise in this domain. The company is the first Indian organization to receive NADCA (North American Die Casters Association) Award for excellence in Aluminium die-casting in Ohio.
Endurance is a leading player in high performance braking solutions for 2 wheelers and 3 wheelers, with over 14 years of experience developing capabilities to deliver reliable and first time right products. The company is the first in India to design and manufacture brake systems with split type callipers as well integral callipers and fixed type callipers, and also the first to design and manufacture master cylinders with both integral reservoir and remote reservoir.
Endurance has built a culture of fostering innovation which manifests in state of the art R&D centers and technology oriented solutions. Innovation is the heart of Endurance, being technology driven with a culture where they foster passion, embrace new technologies, encourage unconventional thinking, and ease barriers to creativity.
Net profit of Endurance Technologies rose 16.65% to Rs 245.13 crore in the quarter ended March 2025 as against Rs 210.15 crore during the previous quarter ended March 2024, with sales rising 10.38% to Rs 2963.49 crore. For the full year, net profit rose 22.90% to Rs 836.35 crore in the year ended March 2025 as against Rs 680.49 crore during the previous year, with sales rising 12.89% to Rs 11560.81 crore.
- **Revenue (FY25):** Rs 11,560.81 crore
- **Net Profit (FY25):** Rs 836.35 crore
- **Market Capitalization:** Rs 39,001 crore (as per latest data)
- **Return on Equity:** 13.6% over last 3 years
- **Promoter Holding:** 75.0% as of March 2025
Endurance Technologies' standalone business from India is on an upward swing, with new order wins soaring up until FY26. The company won new orders worth Rs 440 crore in FY23, which is expected to increase to Rs 1260 crore in FY24, representing a growth of 290% from FY23. In FY25, new order wins are projected to reach Rs 2260 crore, before increasing to Rs 2410 crore in FY26, representing growth of 180% and 10% respectively from FY24.
The strong order book is being driven by aluminum die castings, alloy wheels, suspensions, and braking components for certain newly launched models of premium segment motorcycles. In addition to new order wins, Endurance Technologies also has Rs 2500 crore of RFQs (requests for quotations) under discussion with various customers, which if converted into orders, will further boost the company's order book.
According to management, in the scooter market, EVs are expected to soon take a lead over ICE. All traditional products of the company, barring clutches, are required in EVs. Moreover, the Battery Management System (BMS), where Maxwell is a key player, forms a key part of the overall electric vehicle cost. Endurance increased its shareholding in Maxwell from 51% to 56%, and the same will be increased to 100% in the next 4 years.
Total revenue contribution from India is over 70% and 30% from Europe. The company's overseas business in Italy and Germany caters to leading global 4 wheeler OEMs, and has acquired business for hybrid and electric vehicle models too. The company is manufacturing in 3 countries from 31 plants and exporting to 38+ countries.
The company's long-term bank facilities are rated CRISIL AA-/Stable and short-term bank facilities are rated CRISIL A1+. Anurang Jain, with a net worth of $1.5 billion, has debuted on Forbes's The World's Billionaires list at rank 1561, reflecting the company's strong market position and growth trajectory.
Endurance Technologies continues to strengthen its position as a comprehensive auto component manufacturer, leveraging its technological capabilities, strong order book, and strategic positioning in the evolving automotive landscape including the transition to electric vehicles.
