Endurance Tech’s FY26 Income Rises 26%, Europe Growth Gets Acquisition Boost 

Endurance Technologies Ltd reported a 13.8% year-on-year rise in consolidated profit after tax to ₹952 crore in FY26, helped by strong domestic growth and a sharp expansion in its European business, where the recent Stöferle acquisition contributed to higher revenue.

The auto component maker’s consolidated total income rose 26.1% to ₹14,720 crore in FY26 from ₹11,678 crore a year earlier. Consolidated EBITDA grew 25.3% year-on-year to ₹2,090 crore, while EBITDA margin stood at 14.2%, marginally lower than 14.3% last year.

Managing Director Anurang Jain said FY26 was another record year for the company.

Europe was a key driver of the company’s FY26 performance. Endurance said total income from its European business grew 29% during the year, with the bulk of the growth coming from the Stöferle acquisition. Before consolidating Stöferle, the company said topline growth was largely in line with the market, where new car registrations grew by about 3%.

During the analyst call, the management said Endurance Overseas reported €106.9 million revenue in Q4FY26, compared with €80 million a year earlier, a growth of 33.6%. For the full year, European revenue stood at €391.7 million, compared with €303.9 million in the previous year, up 28.9%.

Stöferle contributed €21 million in revenue, €4.9 million in EBITDA and €2.6 million in net profit during Q4FY26. For the full year, it contributed €82.1 million in revenue, €17.9 million in EBITDA and €8 million in net profit.

Massimo Venuti, Director and CEO, Endurance Overseas, said the European business delivered its best-ever quarter despite energy cost pressure and a difficult external environment.

“This was the best quarter of Endurance Overseas in the history [of the company],” he said during the call, adding that higher production volumes helped the company absorb fixed costs better.

India Business Outpaces Industry

The company’s India business also posted strong growth. Standalone total income rose 20% to ₹10,696 crore in FY26 from ₹8,913 crore in FY25. The company said this was higher than the 13% growth in industry two-wheeler volumes during the year.

Standalone EBITDA grew 11% to ₹1,351 crore, while PAT rose 8.1% to ₹734 crore. Standalone EBITDA margin narrowed to 12.6% from 13.7%, reflecting cost pressures.

In Q4FY26, standalone total income rose 31.1% year-on-year to ₹2,975 crore, while EBITDA grew 13.7% to ₹371 crore. Standalone PAT rose 20.5% to ₹210 crore.

For Q4FY26, Endurance reported consolidated total income of ₹4,116 crore, up 37.3% from ₹2,998 crore in the year-ago period. Consolidated EBITDA rose 30.8% to ₹598 crore, while EBITDA margin stood at 14.5%, compared with 15.2% last year.

Consolidated PAT rose 12.8% to ₹276 crore from ₹245 crore in Q4FY25. PBT (excluding exceptional items) grew 22.7% to ₹371 crore.

Cost Pressures Remain a Monitorable

Jain said FY26 was marked by geopolitical, supply-chain and tariff uncertainty. The conflict in West Asia disrupted trade routes and kept freight and energy costs elevated, while changing tariffs and bilateral trade developments created uncertainty across global supply chains.

“Against this backdrop, we navigated the challenging environment through close supply-chain coordination, pricing discussions with customers and focused cost-control measures. We also increased fuel flexibility through alternative energy sources,” Jain said.

During the analyst call, the company said higher energy costs in Europe remained a concern, though higher volumes helped offset the impact. Venuti said the company was managing the situation through productivity and efficiency measures, while staying in discussions with customers if cost pressure continued.

Order Wins to Support FY27

Endurance said sustained domestic demand, India’s trade agreements with the EU, UK and the US, and new order wins should support its FY27 outlook. The company said orders in the four-wheeler and non-auto space would aid profitable growth.

“Our focus now is on commencing and ramping up the recently announced facilities and scaling up production for new programmes,” Jain said.

The company’s board has recommended a dividend of ₹11.50 per equity share of face value ₹10 each for FY26.