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

Endurance Technologies Limited has informed the Exchange that Board of Directors at its meeting held on May 14, 2026, recommended Final Dividend of Rs. 11.50 per equity share.

Corporate Actions View source PDF

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AI summary

Endurance Technologies' Board approved FY2026 results with standalone revenue of Rs. 10,640 crore (up 20.3% YoY) and consolidated revenue of Rs. 14,596 crore (up 26.2% YoY). Net profit grew to Rs. 734 crore standalone and Rs. 952 crore consolidated. The Board recommended a final dividend of Rs. 11.50 per share (115% on Rs. 10 face value), up from Rs. 10 per share in FY2025 — a 15% increase. The dividend is subject to shareholder approval at the AGM scheduled for August 13, 2026, with a record date of July 31, 2026, and payment by September 12, 2026. The company also completed two acquisitions during the year — Maxwell Energy Systems (fully owned from May 2025) and Stoferle Group in Germany (60% stake from April 2025).

Likely market impact

Strong financial growth and a 15% dividend increase signal healthy profitability and cash generation. The expansion through acquisitions is driving consolidated revenue growth. Shareholders should note the upcoming record date for dividend entitlement.