Endurance Technologies Ltd - 540153 - Statement Of Investor Complaints For The Quarter Ended December 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 0110 Name of the Signatory :- SUNIL LALAIDesignation :- Company Secretary and Compliance Officer
Endurance Tech: Best proxy to play growth in the 2W segment
The company is a global force in aluminium casting , suspension, transmission and braking products. And we continue to remain upbeat on Endurance (ENDU), primarily on the back of its significant presence in the high-growth two-wheeler segment and a strong order book. Endurance Technologies Ltd - 540153 - Closure of Trading Window
This is to inform that in terms of the SEBI (Prohibition of Insider Trading) Regulations, 2015 (as amended from time to time) 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, 31st December, 2021 up to 48 hours after the declaration of unaudited financial results of the Company for the quarter and nine months ending 31st December, 2021. Details about the Board meeting to consider the unaudited financial results (both standalone and consolidated) for the quarter and nine months ending 31st December, 2021 shall be informed in due course. The above is also being informed to the Designated Persons of the Company in accordance with the PIT Code. You are requested to take note of the above. Endurance Technologies Ltd - 540153 - Intimation Of Commencement Of Commercial Production At The Company'S New Plant In Waluj, Aurangabad
We are pleased to inform commencement of commercial production at the Company's new plant situated at E-71, MIDC Industrial Area, Waluj, Aurangabad - 431 136, Maharashtra, from today i.e. 11th December, 2021. The plant set up to manufacture braking systems will cater to our esteemed OEM customers. Necessary details are enclosed. Pursuant to Regulation 30(8) of Listing Regulations, the intimation shall also be posted on the Company's website www.endurancegroup.com under 'Investor Relations' section. You are requested to take this information on record. Endurance Technologies Ltd - 540153 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
We inform you that a telephonic / virtual meeting with Schroder Investment Management (Singapore) Ltd ('Schroder') has been scheduled on 13th December, 2021. Kindly note that the meeting schedule may change due to exigencies on part of Schroder / Company. We request you to take the above information on record. Endurance Technologies Ltd - 540153 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
We inform you that a meeting with several investors have been scheduled at Chakan, Pune on 3rd December, 2021 at 9.30 am. This meeting is organised by Investec Capital Services (India) Private Limited ('Investec'). We request you to take the above information on your record. Endurance Technologies Ltd - 540153 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
We inform you that a meeting has been scheduled with Marcellus Investment Managers, Mumbai (Marcellus) on 22nd November, 2021. Senior management representatives from the Company, particularly from the R&D function, shall be present at the meeting. A copy of the presentation to be shared during the meeting is enclosed. Kindly note that the meeting schedule may change due to exigencies on part Marcellus/Company. We request you to take the same on record.
Q2FY22 Quarterly Result Announced for Endurance Technologies Ltd.
Highlights: Consolidated Total Income including Other Income for H1 of this year rose by 50.6% YOY, to INR 36,021 million vs. INR 23,913 million. Q2 registered a growth of 6.7%. In H1, 74% of Consolidated Total Income including Other Income came from Indian operations and the balance came from European operations. In Q2, 79% of the Total Income came from Indian operations and only 21% came from European operations/ where major 4W OEMs faced shutdowns due to semi-conductor shortages. Standalone Total Income including Other Income grew in H1 by 61.1% YOY, to INR 26,635 million vs. INR 16,530 million, while the growth in Q2 was 16.5%. Consolidated EBITDA Margin in H1 was 14.6% vs. 15.6% in H1 of last year. Consolidated H1 PAT rose by 61.6% YOY, to INR 2,299 million vs. INR 1,422 million. In Q2, PAT fell by 20.2% YOY. While previous year Q2 results had the favourable impact of higher incentive bookings due to an incremental eligibility certificate from the Government of Maharashtra, this year's Q2 was unfavourably impacted by lower demand from European OEMs. Aftermarket sales from Indian operations rose 95.7% to INR 1/727 million in H1 of this year vs. INR 883 million in H1 last year. Consolidated Basic and Diluted EPS for H1 stood at INR 16,34 per share (not annualised) compared to INR 10.11 per share (not annualised) in the corresponding half of the previous financial year. Commenting on the Company's performance/ Mr. Anurang Jain/ Managing Director of the Company said; "In terms of YOY change in the number of two-wheelers sold by Indian OEMs, Q2 saw a drop of 4.5%. Endurance standalone revenues in Q2 this year were 16.5% above last year's level. Our growth was in high single digits even if we remove the impact of metal prices and government incentive. In the EU (including UK), the number of new car registrations was down by 23.6% YOY in Q2. In Euro terms, our Q2 revenues this year were lower than last year by 19.5%. We continue to focus on garnering new business, and have secured new orders during the first half of the year, both in India and Europe. Customer Centridty is our cherished value. Our efforts to meet customer needs, coupled with our strength in R&D; and operations and our cost competitiveness, helps us grow with our customers. In end-September, we commenced production of ABS modulators in our Aurangabad facility. We are the only 2W brake manufacturer in India to produce the entire braking system along with ABS modulators and wire-braided hoses. Launch of value-added High-technoiogy products is a key part of our growth strategy. During Q2, our factories in India and Europe did not face any government mandated lockdowns. We continue to take measures to ensure a safe workplace for our people." Result PDF Endurance Technologies Ltd - 540153 - Results For The Half Year And Quarter Ended 30/09/2021
We inform you that the Board of Directors of the Company, at its meeting held today i.e. 11/11/2021, has approved the unaudited financial results, both standalone and consolidated, for the quarter and half-year ended 30/09/2021 ('Financial Results') of the financial year 2021-22. 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 4.00 p.m. and concluded at 9.07 p.m. The above information will be made available on the website of the Company www.endurancegroup.com.