Endurance Technologies: Multiple Triggers In Place For ‘Enduring’ Growth, Says ICICI Direct 
Endurance Technologies Ltd. worker at at an assembly line (image: Company website)

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

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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.

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%.

Click on the attachment to read the full report:

ICICI Direct Instinct Endurance Tech Company Update.pdf

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