ENDURANCENSEEndurance Technologies LimitedHighNeutral
Announced Thu, 14 May · 19:52 IST

Endurance Technologies Limited has informed the Exchange about change in Management

Director Flagged GovernanceManagement Changes View source PDF

ENDURANCE · price

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Price reaction · full curve 14 horizons · vs prior close
-4.9%1-day move
₹2629.00
prior close
₹2525.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.7-3.1-2.2-1.3-4.9-3.4-3.0-0.3+3.7+3.8-5.3-0.4+4.6
Up moveDown movePending
AI summary

Endurance Technologies reported strong FY2026 results with standalone revenue of Rs. 10,640 crore (up 20%) and consolidated revenue of Rs. 14,596 crore (up 26%). Standalone profit after tax grew 8% to Rs. 734 crore while consolidated PAT rose 14% to Rs. 952 crore. The Board recommended a dividend of Rs. 11.50 per share (115%) for shareholder approval at the 27th AGM on 13th August 2026. In a governance change, Mr. Indrajit Banerjee, currently an Independent Director, will become Chairman from 10th June 2026, succeeding Mr. Soumendra Basu whose tenure ends 9th June 2026. The company also completed acquisitions of Maxwell Energy Systems (remaining 38.5% stake) and Stoferle Automotive Group (60% stake) during the year.

Likely market impact

Strong financial performance with 20-26% revenue growth and chairman transition from existing independent director indicates stable operations with no governance red flags for shareholders.