Endurance Technologies, a leading automotive components manufacturer, sees the growing trend of premiumisation in the automobile industry as a key driver for its future revenue growth. Group CFO RS Raja Gopal Sastry highlighted that as vehicles become more premium, the demand for advanced braking systems, improved suspensions, and higher-quality castings and forgings increases, offering the company new growth opportunities.
The company is also planning to expand its presence in India’s four-wheeler market, making targeted investments in specific regions. “We are developing plants dedicated to the four-wheeler business, both for domestic sales and exports. We aim to offer suspension and braking systems for the four-wheeler market as we identify suitable partners,” Sastry said. Currently, Endurance Technologies generates around 25% of its four-wheeler business from Europe.
The company is optimistic about a resurgence in electric vehicle (EV) orders from Europe, with significant growth expected by November. Sastry noted, “Based on our discussions in Europe, we expect a market revival in the coming months. We have focused on maintaining a strong cash position and healthy investments, so when the turnaround occurs, we will be well-positioned to capitalise and increase volumes.”
Endurance Technologies offers a range of products including braking systems for 350cc vehicles, castings, and suspensions, all designed to enhance vehicle performance and safety. The company is looking to expand into segments and models where it is not yet active, particularly in India.
Operationally, Sastry stressed the importance of improving efficiencies through data analysis and strengthening the management team. He also highlighted the need to maintain high cash reserves to take advantage of growth opportunities, both organic and inorganic. Endurance Technologies, with a market capitalisation of ₹35,098 crore, has seen its shares rise 53% over the past year.
