Endurance Technologies Limited — Updates, 12-02-2025: Press Release

Endurance Technologies Ltd has approved its unaudited financial results for the quarter and nine months ended December 31, 2024.

**Financial Highlights:**

Consolidated total income increased by 14% year-over-year (YoY) to ₹28,811 million for Q3 and ₹86,797 million for nine months. EBITDA rose to ₹3,945 million, reflecting a 21% increase, resulting in a margin improvement to 14%. Profit After Tax (PAT) also grew robustly, up 25.7% YoY to ₹5,912 million.

**Strategic Initiatives and Growth Drivers:**

The company continues to enhance its capabilities through strategic acquisitions and new project developments. The AURIC Shendra and Bidkin projects are set to boost production, catering to both automotive and non-automotive markets with strong OEM order commitments.

**Business Developments:**

Endurance has signed an agreement to acquire a 60% stake in Stoferle entities in Germany for €37.74 million, targeting high-margin die casting operations, supporting growth in European markets.

**Market Position and Competitive Advantage:**

The company is well-positioned within the automotive component sector with a balanced portfolio across different regions, showcasing significant growth in both Indian and European markets.

**Investor Implications:**

The robust financial performance and strategic expansion initiatives present a favorable outlook for potential growth, especially with ongoing projects and acquisitions enhancing the company’s market standing. Investors should watch closely as these developments unfold.