āagman

Not investment advice. Data and computed figures, for information only.

Endurance Technologies Ltd

NSE: ENDURANCE
₹2,407.80
−₹13.70 (−0.57%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹33,865 Cr
CMP
₹2,407.80
52-wk High / Low
₹3,072 / 2,143
P/E
34.4
P/B
5.0
Book Value
₹486.0
Div Yield
0.48%
ROCE
18.0%
ROE
14.9%
Face Value
₹10
D/E
0.19

Price−16.7% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 15 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
5
/ 9
5 of 9 F-score tests passed
Graham Number
₹860
√(22.5 × EPS × book value per share)
ROIC
11.2%
vs 11.5% sector median
Cash flow to profit
1.94
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−96
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
12.4%
ROE × earnings retention ratio
ROE stability
1.4
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −0.45DII +0.29
Latest quarter vs the previous one
Cash-accrual divergence
−8.7%
of assets
Low = accruals track cash flow
Strengths
+FII holding rose by 5.0pp over the last year
+PE of 34.4x is below the sector median of 35.7x
Watch-outs
−Latest ROCE of 18% trails the sector median of 18.5%
−Borrowings are up 59.7% since FY2016 (831 to 1327)
−Price trades below its 200-day moving average (0.9x)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales2,4502,5452,5612,6852,8262,9132,8592,9633,3193,5833,6084,0864,315
Expenses2,1292,2272,2622,2952,4512,5312,4872,5412,8753,1063,1313,5183,779
Operating Profit321318299389374382373422444477477568536
OPM %13.1%12.5%11.7%14.5%13.2%13.1%13.0%14.2%13.4%13.3%13.2%13.9%12.4%
Other Income17162727342722473621163033
Interest9101113111212121414151517
Depreciation113118114128129131136142164180178212222
Profit before tax216206201275268266247314302304301371330
Net Profit164155152210204203184245226227222276245
EPS (₹)11.6210.9910.8314.9414.4914.4313.1117.4316.0916.1615.7619.6517.38

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4,9175,2285,5886,3497,5096,9156,5477,5498,80410,24111,56114,59615,592
Expenses4,3214,5484,8305,4216,3805,7845,5076,5857,7688,91310,01012,63013,534
Operating Profit5966807589281,1291,1311,0409651,0361,3281,5511,9662,058
OPM %12.1%13.0%13.6%14.6%15.0%16.4%15.9%12.8%11.8%13.0%13.4%13.5%13.2%
Other Income423329−364819103586129103101
Interest5149322426181462143475761
Depreciation227243291322376414399382422474539734792
Profit before tax3594204655797337476475866298971,0951,2771,306
Net Profit254300330391495566520461480680836952970
EPS (₹)57.4268.1023.4827.7835.1940.2036.9532.7534.0948.3859.4667.6668.95

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital1818141141141141141141141141141141—
Reserves1,1241,4321,5892,0322,4242,8653,4213,7794,2714,8375,5776,700—
Borrowings7648316948147307506414305157659441,327—
Other Liabilities8791,0001,0871,3531,4751,3061,5441,5071,8752,1282,4653,444—
Total Liabilities2,7843,2813,5104,3404,7705,0625,7475,8576,8027,8719,12611,611—
Fixed Assets1,4531,5871,6341,8512,1632,6062,6032,7153,1433,6304,0585,701—
CWIP22103445911812696119171159293488—
Investments1483346361664444876727938041,031—
Other Assets1,3091,5421,8002,3832,4532,1642,6042,5362,8163,2893,9714,392—
Total Assets2,7843,2813,5104,3404,7705,0625,7475,8576,8027,8719,12611,611—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity5694136985377428981,0116217428621,0571,5321,851
Cash from Investing Activity−212−289−509−361−436−696−671−586−550−905−945−988−1,781
Cash from Financing Activity−377−139−114−122−24−167−258−143−302−72105−29−214
Net Cash Flow−20−1476542833583−108−111−115217514−144

Ratios

As of 31 Mar 2026
13 periods
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %21.022.022.021.023.025.021.017.014.014.017.017.018.0
ROE %————————————14.9
EPS (₹)46.5257.4268.1023.4827.7835.1940.2036.9532.7534.0948.3859.4667.66
Book Value (₹)————————————486.0
Face Value (₹)————————————10
P/E————————————34.4
Div Yield %————————————0.48
NPM %4.95.15.75.96.26.68.17.96.15.46.67.26.5
OPM %13.012.013.014.015.015.016.016.013.012.013.013.013.0
D/E0.720.670.570.400.370.280.250.180.110.120.150.170.19
P/B————————————5.0

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+11.0%
5 years+17.0%
3 years+18.0%
TTM+29.0%
Compounded profit growth
10 years+12.0%
5 years+12.0%
3 years+26.0%
TTM+16.0%
Stock price CAGR
5 years+6.0%
3 years+15.0%
Last year−17.0%
Return on equity
10 years15.0%
5 years13.0%
3 years14.0%
Last year15.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters82.50%82.50%82.50%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%
FIIs8.72%8.72%10.12%15.72%16.34%9.85%7.22%7.65%7.79%12.37%13.14%12.69%
DIIs4.81%4.81%5.01%5.98%7.36%13.51%15.87%15.55%15.44%10.89%9.77%10.06%
Government————————————
Public3.96%3.96%2.37%3.30%1.30%1.64%1.91%1.81%1.76%1.75%2.07%2.24%
No. of shareholders47,20547,20539,02138,58133,94849,30072,83978,12484,15585,52887,36290,114
Change since Jun 2023 (pp)
Promoters −7.50FIIs +3.97DIIs +5.25Public −1.72

Documents

As of 11 Oct 2026
Announcements
Announcement under Regulation 30 (LODR)-AcquisitionAnnouncement under Regulation 30 (LODR)-Updates on AcquisitionCommencement Of Commercial Production.Closure of Trading WindowBoard Meeting Intimation for Intimation Of The Board Meeting And Trading Window Closure
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingMay 2026TranscriptMay 2026PPTMay 2026RecordingFeb 2026TranscriptFeb 2026PPTFeb 2026RecordingNov 2025TranscriptNov 2025PPTAug 2025TranscriptAug 2025PPT

Corporate actions

As of 31 Jul 2026
31 Jul 2026DIVIDENDDividend - Rs 11.50 Per Share—
1 Aug 2025DIVIDENDDividend - Rs 10 Per Share—
9 Aug 2024DIVIDENDDividend - Rs 8.50 Per Share—
11 Aug 2023DIVIDENDAnnual General Meeting/Dividend - Rs 7 Per Share—
11 Aug 2022DIVIDENDDividend - Rs 6.25 Per Share—
12 Aug 2021DIVIDEND Annual General Meeting/Dividend - Rs 6 Per Share—
11 Mar 2020DIVIDEND Interim Dividend - Rs 5.50 Per Share—
30 Jul 2019DIVIDEND Annual General Meeting/Dividend - Rs 5.50 Per Share—
28 Aug 2018DIVIDEND Annual General Meeting / Dividend- Rs 4 Per Share (Date Revised)—
20 Jul 2017DIVIDEND Annual General Meeting/Dividend - Rs 2.50 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman