Motilal Oswal: Endurance Technologies - Roadmap In Place For Continued Superior Growth In India

Motilal Oswal: Endurance Technologies - Roadmap In Place For Continued Superior Growth In India

Endurance Technologies Ltd.’s susepnsion and breaking technologies R&D Centre. (Source: Company website)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

We had hosted the senior management of Endurance Technologies Ltd. It included discussions on its growth strategy in India and the Europe business, risk and opportunities from electrification and road map to further improve margins/capital efficiencies. Key highlights:

While it supplied all four of its products to Bajaj Auto Ltd. and Royal Enfield, it has recently started supplies of all products to Hero Motorcycle and Scooter India Pvt. (after the brake assembly order).

It is targeting further cross-sell to other original equipment manufacturers like Hero MotoCorp Ltd. and TVS Motor Company Ltd.

It is looking to improve its product mix by increasing the share of higher components.

Click on the attachment to read the full report:

Motilal Oswal Endurance Technologies Management Meet Update.pdf
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