Mr. Indrajit Banerjee, Independent Director of the Company has been appointed as the Chairman of the Board with effect from 10th June, 2026
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Endurance Technologies' Board approved audited Q4 and FY2026 results showing strong growth. Standalone revenue rose 20% to Rs. 10,640 crore with PAT of Rs. 734 crore. Consolidated revenue grew 26% to Rs. 14,596 crore with PAT of Rs. 952 crore. The Board recommended a dividend of Rs. 11.50 per share (115%) for FY2025-26, payable by 12th September 2026. The 27th AGM is scheduled for 13th August 2026. In governance changes, Mr. Indrajit Banerjee, currently an Independent Director, will become Chairman effective 10th June 2026, succeeding Mr. Soumendra Basu whose directorship tenure concludes on 9th June 2026. The company also completed acquisitions of remaining stake in Maxwell Energy Systems and 60% stake in German firms Stoferle Automotive and Stoferle GmbH.
Strong financial performance with ~20-26% revenue growth across standalone and consolidated metrics. The leadership transition is routine (end of tenure) rather than concerning. Dividend and positive earnings growth are positive signals for shareholders.