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5401

Endurance Technologies BSE:540153 Stock Report

Last Price

₹1.42k

Market Cap

₹199.4b

7D

-2.4%

1Y

-9.4%

Updated

01 Oct, 2022

Data

Company Financials +
540153 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends3/6

540153 Stock Overview

Endurance Technologies Limited, together with its subsidiaries, manufactures and supplies automotive components for original equipment manufacturers in the automotive industry in India and Europe.

Endurance Technologies Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Endurance Technologies
Historical stock prices
Current Share Price₹1,417.55
52 Week High₹1,980.95
52 Week Low₹1,047.65
Beta0.74
1 Month Change-8.39%
3 Month Change0.39%
1 Year Change-9.42%
3 Year Change45.00%
5 Year Change28.83%
Change since IPO118.86%

Recent News & Updates

Shareholder Returns

540153IN Auto ComponentsIN Market
7D-2.4%-1.7%-1.7%
1Y-9.4%-1.4%-0.6%

Return vs Industry: 540153 underperformed the Indian Auto Components industry which returned -1.4% over the past year.

Return vs Market: 540153 underperformed the Indian Market which returned -0.6% over the past year.

Price Volatility

Is 540153's price volatile compared to industry and market?
540153 volatility
540153 Average Weekly Movement3.6%
Auto Components Industry Average Movement5.7%
Market Average Movement5.9%
10% most volatile stocks in IN Market9.2%
10% least volatile stocks in IN Market3.8%

Stable Share Price: 540153 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 540153's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19853,588Anurang Jainhttps://www.endurancegroup.com

Endurance Technologies Limited, together with its subsidiaries, manufactures and supplies automotive components for original equipment manufacturers in the automotive industry in India and Europe. The company offers die castings, such as high pressure, low pressure, and gravity die castings; machining components, which comprise engines, gearboxes, and transmission parts; other metallic components assembling services, including aluminum alloys, cast iron, and steel; and suspension products design, develop, and manufacture adjustable and non-adjustable damping force inverted front forks and mono shock absorbers. It also provides transmission products comprising clutch assemblies, and cork and paper based friction plates; and continuous variable transmission assemblies; transmission housing, gearbox housing, torque convertor housing, and oil modules for electric vehicles; plastic components, including engine covers for automotive applications; and engine parts.

Endurance Technologies Fundamentals Summary

How do Endurance Technologies's earnings and revenue compare to its market cap?
540153 fundamental statistics
Market Cap₹199.40b
Earnings (TTM)₹4.68b
Revenue (TTM)₹79.69b

42.6x

P/E Ratio

2.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
540153 income statement (TTM)
Revenue₹79.69b
Cost of Revenue₹47.87b
Gross Profit₹31.82b
Other Expenses₹27.15b
Earnings₹4.68b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

Nov 07, 2022

Earnings per share (EPS)33.24
Gross Margin39.93%
Net Profit Margin5.87%
Debt/Equity Ratio11.0%

How did 540153 perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

19%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 540153 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 540153?

Other financial metrics that can be useful for relative valuation.

540153 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.4x
Enterprise Value/EBITDA20.9x
PEG Ratio1.5x

Price to Earnings Ratio vs Peers

How does 540153's PE Ratio compare to its peers?

540153 PE Ratio vs Peers
The above table shows the PE ratio for 540153 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average64.2x
ZFCVINDIA ZF Commercial Vehicle Control Systems India
103xn/a₹188.6b
SUNDRMFAST Sundram Fasteners
40.4x23.8%₹191.0b
515030 Asahi India Glass
37x12.7%₹154.2b
543300 Sona BLW Precision Forgings
76.3x35.8%₹271.0b
540153 Endurance Technologies
42.6x27.7%₹199.4b

Price-To-Earnings vs Peers: 540153 is good value based on its Price-To-Earnings Ratio (42.6x) compared to the peer average (64.2x).


Price to Earnings Ratio vs Industry

How does 540153's PE Ratio compare vs other companies in the IN Auto Components Industry?

Price-To-Earnings vs Industry: 540153 is expensive based on its Price-To-Earnings Ratio (42.6x) compared to the Indian Auto Components industry average (21.5x)


Price to Earnings Ratio vs Fair Ratio

What is 540153's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

540153 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio42.6x
Fair PE Ratio29.8x

Price-To-Earnings vs Fair Ratio: 540153 is expensive based on its Price-To-Earnings Ratio (42.6x) compared to the estimated Fair Price-To-Earnings Ratio (29.8x).


Share Price vs Fair Value

What is the Fair Price of 540153 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 540153 (₹1417.55) is trading above our estimate of fair value (₹890.8)

Significantly Below Fair Value: 540153 is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is less than 20% higher than the current share price.


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Future Growth

How is Endurance Technologies forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


27.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 540153's forecast earnings growth (27.7% per year) is above the savings rate (6.8%).

Earnings vs Market: 540153's earnings (27.7% per year) are forecast to grow faster than the Indian market (18.5% per year).

High Growth Earnings: 540153's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 540153's revenue (12.8% per year) is forecast to grow faster than the Indian market (10.6% per year).

High Growth Revenue: 540153's revenue (12.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 540153's Return on Equity is forecast to be low in 3 years time (17.6%).


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Past Performance

How has Endurance Technologies performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


6.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 540153 has high quality earnings.

Growing Profit Margin: 540153's current net profit margins (5.9%) are lower than last year (8.4%).


Past Earnings Growth Analysis

Earnings Trend: 540153's earnings have grown by 6.4% per year over the past 5 years.

Accelerating Growth: 540153's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 540153 had negative earnings growth (-27.1%) over the past year, making it difficult to compare to the Auto Components industry average (15.1%).


Return on Equity

High ROE: 540153's Return on Equity (11.9%) is considered low.


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Financial Health

How is Endurance Technologies's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 540153's short term assets (₹28.5B) exceed its short term liabilities (₹16.6B).

Long Term Liabilities: 540153's short term assets (₹28.5B) exceed its long term liabilities (₹2.8B).


Debt to Equity History and Analysis

Debt Level: 540153 has more cash than its total debt.

Reducing Debt: 540153's debt to equity ratio has reduced from 35.3% to 11% over the past 5 years.

Debt Coverage: 540153's debt is well covered by operating cash flow (172.6%).

Interest Coverage: 540153 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Endurance Technologies's current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


0.44%

Current Dividend Yield

Dividend Yield vs Market

Endurance Technologies Dividend Yield vs Market
How does Endurance Technologies dividend yield compare to the market?
SegmentDividend Yield
Company (Endurance Technologies)0.4%
Market Bottom 25% (IN)0.4%
Market Top 25% (IN)1.6%
Industry Average (Auto Components)0.6%
Analyst forecast in 3 Years (Endurance Technologies)0.7%

Notable Dividend: 540153's dividend (0.44%) is higher than the bottom 25% of dividend payers in the Indian market (0.36%).

High Dividend: 540153's dividend (0.44%) is low compared to the top 25% of dividend payers in the Indian market (1.63%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 540153 has been paying a dividend for less than 10 years.

Growing Dividend: 540153's dividend payments have increased, but the company has only paid a dividend for 5 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (18.8%), 540153's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (41.4%), 540153's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

8.3yrs

Average management tenure


CEO

Anurang Jain (60 yo)

22.75yrs

Tenure

₹64,950,000

Compensation

Mr. Anurang Jain has been the Managing Director of Endurance Technologies Limited since March 28, 2006 and its Director since December 27, 1999 and serves as its Promoter since 2022. Mr. Jain has been asso...


CEO Compensation Analysis

Anurang Jain's Compensation vs Endurance Technologies Earnings
How has Anurang Jain's remuneration changed compared to Endurance Technologies's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

₹5b

Mar 31 2022₹65m₹65m

₹5b

Dec 31 2021n/an/a

₹5b

Sep 30 2021n/an/a

₹6b

Jun 30 2021n/an/a

₹6b

Mar 31 2021₹46m₹46m

₹5b

Dec 31 2020n/an/a

₹4b

Sep 30 2020n/an/a

₹4b

Jun 30 2020n/an/a

₹4b

Mar 31 2020₹59m₹59m

₹6b

Dec 31 2019n/an/a

₹6b

Sep 30 2019n/an/a

₹6b

Jun 30 2019n/an/a

₹5b

Mar 31 2019₹58m₹58m

₹5b

Dec 31 2018n/an/a

₹5b

Sep 30 2018n/an/a

₹4b

Jun 30 2018n/an/a

₹4b

Mar 31 2018₹51m₹51m

₹4b

Dec 31 2017n/an/a

₹4b

Sep 30 2017n/an/a

₹4b

Jun 30 2017n/an/a

₹3b

Mar 31 2017₹46m₹46m

₹3b

Compensation vs Market: Anurang's total compensation ($USD798.16K) is about average for companies of similar size in the Indian market ($USD652.06K).

Compensation vs Earnings: Anurang's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: 540153's management team is seasoned and experienced (8.3 years average tenure).


Board Members

Experienced Board: 540153's board of directors are considered experienced (7.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

What is the ownership structure of 540153?
Owner TypeNumber of SharesOwnership Percentage
General Public4,495,7143.2%
Institutions30,669,99821.8%
Individual Insiders105,497,13675.0%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 25 shareholders own 95.38% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
62.98%
Anurang Jain
88,587,136₹125.6b0%no data
12.02%
Naresh Chandra
16,910,000₹24.0b0%no data
4.99%
Life Insurance Corporation of India, Asset Management Arm
7,018,270₹9.9b0%0.1%
3.04%
UTI Asset Management Company Limited
4,275,373₹6.1b15.75%0.41%
2.84%
SBI Funds Management Limited
4,000,000₹5.7b344.44%0.14%
1.52%
ICICI Prudential Asset Management Company Limited
2,143,976₹3.0b6.77%0.1%
1.5%
Axis Asset Management Company Limited
2,107,800₹3.0b-57.34%0.2%
1.22%
Hdfc Standard Life Insurance Company Limited, Asset Management Arm
1,714,123₹2.4b0%0.78%
1.1%
Aditya Birla Sun Life AMC Limited
1,540,848₹2.2b48.52%0.18%
0.88%
The Vanguard Group, Inc.
1,239,726₹1.8b0.7%no data
0.74%
J.P. Morgan Asset Management, Inc.
1,045,772₹1.5b-1.96%no data
0.57%
DHFL Pramerica Asset Managers Private Limited
797,552₹1.1b0%0.73%
0.4%
Schroder Investment Management (Singapore) Ltd
568,606₹806.0m0%0.07%
0.37%
BlackRock, Inc.
520,531₹737.9m-0.74%no data
0.21%
Norges Bank Investment Management
289,510₹410.4m0%no data
0.17%
Dimensional Fund Advisors LP
233,715₹331.3m0.65%no data
0.15%
Tata Asset Management Limited
216,000₹306.2m0%0.06%
0.14%
Comgest S.A.
202,323₹286.8m0%0.02%
0.14%
Franklin Resources, Inc.
200,000₹283.5m0%no data
0.12%
L&T Investment Management Limited
167,187₹237.0m270.5%0.06%
0.12%
Nippon Life India Asset Management Limited
167,055₹236.8m0%0.01%
0.062%
UTI International (Singapore) Pte Ltd
87,001₹123.3m-13.52%1.5%
0.034%
Daiwa Asset Management Co. Ltd.
47,182₹66.9m0%no data
0.031%
BNY Mellon Asset Management
43,594₹61.8m2.18%no data
0.026%
Teachers Insurance and Annuity Association-College Retirement Equities Fund
36,365₹51.5m0%no data

Company Information

Endurance Technologies Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Endurance Technologies Limited
  • Ticker: 540153
  • Exchange: BSE
  • Founded: 1985
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Implied Market Cap: ₹199.397b
  • Shares outstanding: 140.66m
  • Website: https://www.endurancegroup.com

Number of Employees


Location

  • Endurance Technologies Limited
  • E-92, MIDC Industrial Area
  • Waluj
  • Aurangabad
  • Maharashtra
  • 431136
  • India


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ENDURANCENSEI (National Stock Exchange of India)YesEquity SharesININROct 2016
540153BSE (Mumbai Stock Exchange)YesEquity SharesININROct 2016

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/01 00:00
End of Day Share Price2022/09/30 00:00
Earnings2022/06/30
Annual Earnings2022/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.