Endurance Technologies: Multiple Triggers In Place For ‘Enduring’ Growth, Says ICICI Direct 

Endurance Technologies: Multiple Triggers In Place For ‘Enduring’ Growth, Says ICICI Direct

Endurance Technologies Ltd. worker at at an assembly line (image: Company website)

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ICICI Direct Report

Endurance Technologies Ltd. is the largest aluminium die casting company in India by installed capacity and also a leading (top-two) player by market share in other served products i.e. suspension, braking and transmission.

As of FY20, aluminium die casting (ADC; includes two-wheeler alloy wheels) contributed to approximately 53% of consolidated sales with suspension, braking, transmission, aftermarket forming ~29%, ~8%, 6%, ~4%, respectively.

Total ~71% of revenues came from India, with Europe comprising ~29%.

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ICICI Direct Instinct Endurance Tech Company Update.pdf
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