Endurance Technologies Ltd. (ENDURANCE) — Tipsheet https://tipsheet.markets/company/endurance/ Every Tipsheet Editorial note covering Endurance Technologies Ltd. (ENDURANCE), newest first. Grounded in BSE/NSE primary-source filings. en-in Mon, 06 Jul 2026 10:22:47 GMT Endurance sells tiny Italian software arm for up to €7.5M https://tipsheet.markets/endurance-endurance-sells-tiny-italian-software-arm-for-up-to-7-5m-111979/ https://tipsheet.markets/endurance-endurance-sells-tiny-italian-software-arm-for-up-to-7-5m-111979/ Wed, 24 Jun 2026 12:49:44 GMT Veicoli Srl contributed just 0.22% of consolidated revenue; deal maxes out at about ₹70 crore. A strategic tidy-up, not a needle-mover. Veicoli Srl contributed just 0.22% of consolidated revenue; deal maxes out at about ₹70 crore. A strategic tidy-up, not a needle-mover.

What’s new

  • Endurance Overseas sells its entire stake in Veicoli Srl to Banyan Software UK
  • Upfront €2.2M, deferred €0.3M, plus up to €5M earn-out over three years
  • Sale expected to close by 1 July 2026, pending regulatory nods

Why it matters

Endurance is pruning a fringe software asset to focus on auto components. But Veicoli's contribution is trivial: ₹32.58 crore revenue on a ₹37,627 crore market cap. The divestiture won't move earnings or valuations.

What we’re watching

  • Whether Endurance makes further non-core divestments
  • Banyan Software's plans for Veicoli's fleet management platform

The full read

Endurance Technologies is selling its Italian step-down subsidiary Veicoli Srl, a fleet management software firm, to Banyan Software UK for a maximum consideration of €7.5 million (roughly ₹70 crore). The deal has an upfront payment of €2.2 million, a deferred €0.3 million, and a three-year earn-out capped at €5 million. In FY26, Veicoli contributed just ₹32.58 crore in revenue and ₹3.15 crore in net worth, or 0.22% and 0.48% of Endurance's consolidated totals. The company says the move aligns with its focus on core auto components. Endurance recently landed ₹1,596 crore in new Indian orders and a ₹300 crore EV battery deal. This tiny divestiture is a housekeeping act. It won't alter earnings forecasts or the investment case.

Primary source: BSE · NSE

]]> Other Tipsheet Editorial Endurance lands ₹1,596 cr in Indian orders, wins a ₹300 cr EV battery deal. https://tipsheet.markets/endurance-endurance-lands-1-596-cr-in-indian-orders-wins-a-300-cr-ev-battery-deal-95358/ https://tipsheet.markets/endurance-endurance-lands-1-596-cr-in-indian-orders-wins-a-300-cr-ev-battery-deal-95358/ Fri, 22 May 2026 14:56:39 GMT The auto-parts maker's Europe unit posted record quarterly margins as revenue grew 26.1% for the full year. A battery-pack contract starts production in late May. The auto-parts maker's Europe unit posted record quarterly margins as revenue grew 26.1% for the full year. A battery-pack contract starts production in late May.

What’s new

  • Endurance won ₹1,596 crore in new Indian orders, including a ₹300 cr battery-pack contract from an EV two-wheeler OEM.
  • The European unit delivered a record 20.5% EBITDA margin on higher production volumes.
  • Company plans to double ABS production and expand aluminium forging and alloy-wheel capacity.

Why it matters

The order wins are forward revenue: the ₹300 cr battery-pack deal alone is about 2% of last year's ₹14,720 cr turnover, with production starting this quarter. Europe's record profitability shows the business can expand margins even with high energy costs. The capacity plans signal management expects demand growth to continue.

What we’re watching

  • Execution on the new battery-pack line and the timing of the next EV order wins.
  • Whether Europe can sustain a 20.5% margin as volumes rise.
  • Progress on the ABS and forging capacity expansions versus stated timelines.

The full read

Endurance Technologies won ₹1,596 crore in new Indian orders during the quarter, headlined by a ₹300 crore battery-pack contract from an electric two-wheeler OEM. That deal alone is about 2% of the company's ₹14,720 crore FY24 revenue, and production starts in late May. The results themselves were solid: consolidated revenue jumped 37.3% to ₹4,116 crore in Q4, and full-year growth was 26.1%. But the real story was Europe. The unit delivered its best-ever quarter, with a 20.5% EBITDA margin, scaling volumes without sacrificing profitability despite high energy costs. Management is doubling down on growth, planning to expand ABS, aluminium forging, and alloy wheel capacity. The battery-pack win is a clear step into EV components. The open question is whether Endurance can replicate that ₹300 crore win and turn the new capacity into sustained orders.

Primary source: BSE · NSE

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