ENDURANCENSEEndurance Technologies LimitedHighPositive
Announced Tue, 19 Aug · 19:40 IST

Endurance Technologies Limited has informed the Exchange about Capacity addition

Capex & Operations View source PDF

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AI summary

Endurance Technologies has approved a capacity expansion for anti-lock braking systems (ABS), disc brake systems, and brake discs at its existing plant in Chh. Sambhajinagar (Maharashtra). The company will add 200,000 units/month of ABS capacity (on top of 53,000 units), 100,000 units/month of disc brake systems, and 100,000 units/month of brake discs. Total investment is around Rs. 135.6 crore (Rs. 103.1 crore for ABS, Rs. 19.6 crore for disc brake systems, Rs. 12.9 crore for brake discs), funded entirely through internal accruals. The expansion is expected to be completed by Q4 of FY25-26. The move is driven by anticipated higher demand, especially after the government's draft norms making ABS mandatory for two-wheelers above 50cc from 1st January 2026.

Likely market impact

This is a growth-oriented capex announcement funded through internal accruals (no debt), which should be neutral-to-positive for shareholders. Brake disc capacity is already running at ~98% utilisation, so the addition addresses a near-term bottleneck. The ABS capacity is currently underutilised (~31%), but the company is betting on regulatory-driven demand growth, which carries execution risk if adoption is slower than expected.