Bigul

Endurance Technologies Ltd - 540153 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

We inform that various group meetings /one-on-one meetings have been scheduled from 14th to 15th November, 2022 as part of the regular investors briefing to give an overview of the automotive industry and Company's business. Senior management representatives from the Company shall be present at the meetings with Analysts/ Institutional Investors. Kindly note that the meetings schedule may change due to exigencies on part of the Analysts/Investors and /or the Company.
10-11-2022
Bigul

Q2FY23 Quarterly Result Announced for Endurance Technologies Ltd.

Auto parts and equipment firm Endurance Technologies announced Q2FY23 results: Consolidated Total Income, including Other Income, for the period rose by 24.6% YoY, supported by a low base, higher metal prices and addition/expansion of plants in India. 78.60% of Consolidated Total Income, including Other Income, came from Indian operations and the rest from European operations. Standalone Total Income, including Other Income, for the period grew by 32.6%. Consolidated EBITDA Margin was 11.7% vs 14.6% last year. It was impacted by a higher metal cost component in our product price and increased energy costs, particularly in Europe. Consolidated PAT at Rs 2,349 million was 2.2% higher than last year. Aftermarket sales from Indian operations stood at Rs 2,007 million vs Rs 1,727 million in the corresponding period of last year despite key export markets facing economic challenges. Consolidated Basic and Diluted EPS for the period stood at Rs 16.70 per share (not annualised) compared to Rs 16.34 per share (not annualised) last year. Anurang Jain, Managing Director of the company, said: "On a YoY basis, Indian two-wheeler sale volumes in Q2FY23 grew by 7.4%. The sales numbers crossed 5.5 million for the first time in seven quarters. Endurance standalone revenues for Q2FY23 rose 26.90% compared to the last year. Our topline benefited from elevated metal prices and higher volumes due to industry numbers and our capacity additions. EU and UK industry numbers grew only 0.4% on a weak base of 2.6m new car registrations. This reflects a 28% drop compared to 3.6m registrations in Q2FY20, which was the pre-pandemic level. Our European business turnover in Euro rose 25.9% YoY. Normalised for the impact of higher aluminium prices, our topline saw a YoY increase of 19.3%. The quarter saw a further increase in energy prices in Europe, severely impacting our margins. At the start of the quarter, we concluded acquisition of a 51% stake in Maxwell, with an identified path to acquire 100%. With the current order book, order pipeline, technical capabilities and other synergies between Endurance and Maxwell, we are confident of achieving our goals in the embedded electronics space. Our consolidated net worth is now in excess of Rs 40 billion. Our customers recognise us as a strong participant in their value chain, both in terms of technological capability and financial stability. This has enabled us to garner new orders. During H1FY23, new orders won an aggregate of Rs 7 billion in India and Euro 25 million in our European business. Consistently booking new orders for different products, from multiple OEMs with end-markets in diverse geographies, helps us deliver stable business performance even if specific markets underperform." Result PDF
08-11-2022
Bigul

Endurance Technologies Ltd - 540153 - Outcome Of Board Meeting Held On 7Th November, 2022.

We inform you that the Board of Directors of the Company, at its meeting held today i.e. 7th November, 2022, has approved the unaudited financial results, both standalone and consolidated, for the quarter and half year ended 30th September, 2022 (''Financial Results''). Pursuant to above-referred regulations, we enclose the following documents: a) Statement of Financial Results; b) ''Limited Review'' reports of the Statutory Auditors on the aforesaid Financial Results; and c) Press Release giving highlights of the Financial Results. The meeting commenced at 2.15 p.m. and concluded at 7.30 p.m. The above information will be made available on the website of the Company www.endurancegroup.com. You are requested to take the above information on record.
07-11-2022
Bigul

Endurance Technologies Ltd - 540153 - Board Meeting Outcome for Outcome Of Board Meeting Held On 7Th November, 2022

We inform you that the Board of Directors of the Company, at its meeting held today i.e. 7th November, 2022, has approved the unaudited financial results, both standalone and consolidated, for the quarter and half year ended 30th September, 2022 (''Financial Results''). Pursuant to above-referred regulations, we enclose the following documents: a) Statement of Financial Results; b) ''Limited Review'' reports of the Statutory Auditors on the aforesaid Financial Results; and c) Press Release giving highlights of the Financial Results. The meeting commenced at 2.15 p.m. and concluded at 7.30 p.m. The above information will be made available on the website of the Company www.endurancegroup.com. You are requested to take the above information on record.
07-11-2022
Bigul

Endurance Technologies Ltd - 540153 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

This has reference to our letter dated 26th September, 2022 informing that a Board meeting of the Company is scheduled on 7th November, 2022 to, inter alia, consider and approve the unaudited financial results (both standalone and consolidated) for the quarter and half year ended 30th September, 2022. In terms of the referred Regulation 30 read with Schedule III - Part A to the Listing Regulations, we inform you that a conference call for analysts and institutional investors is scheduled on 8th November, 2022 at 11:00 am (IST) to discuss the above financial results. Details of the conference call are enclosed.
01-11-2022

Endurance Technologies Q2 PAT seen up 1% YoY to Rs. 134.6 cr: Prabhudas Lilladher

Net Sales are expected to increase by 19.8 percent Y-o-Y (up 7 percent Q-o-Q) to Rs. 2260.9 crore, according to Prabhudas Lilladher.
11-10-2022
Bigul

Endurance Technologies Ltd - 540153 - Closure of Trading Window

In terms of the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company's Code of Conduct for Prevention of Insider Trading ('PIT Code'), the trading window for dealing in securities of the Company shall remain closed from Friday, 30th September, 2022 up to 48 hours after the announcement of the financial results i.e. Wednesday, 9th November, 2022 (both days inclusive). The above is also being informed to the Designated Persons in accordance with the PIT Code.
26-09-2022
Bigul

Endurance Technologies Ltd - 540153 - Board Meeting Intimation for Approval Of Unaudited Financial Results For The Quarter And Half Year Ending 30Th September, 2022

Endurance Technologies Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/11/2022 ,inter alia, to consider and approve the unaudited financial results (both standalone and consolidated), for the quarter and half year ending 30th September, 2022. In terms of the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company's Code of Conduct for Prevention of Insider Trading ('PIT Code'), the trading window for dealing in securities of the Company shall remain closed from Friday, 30th September, 2022 up to 48 hours after the announcement of the financial results i.e. Wednesday, 9th November, 2022 (both days inclusive).
26-09-2022
Bigul

Endurance Technologies Ltd - 540153 - Announcement under Regulation 30 (LODR)-Credit Rating

We inform that ICRA Limited, a credit rating agency, has reaffirmed the credit rating for availing credit facilities from banks and issuance of Commercial Papers ('CPs') by the Company.
26-09-2022
Next Page
Close

Let's Open Free Demat Account