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Endurance Technologies Limited (ENDURANCE) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹380B

ET Endurance Technologies Limited ENDURANCE · NSE
Price₹3,020
Fair Value₹1,324
Upside-56.2%
Quality57/100
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Mixed Growth
Thin margins · 6.5% net margin
Low debt · generates free cash flow
0.42% dividend yield
Mixed vs. peers (8/14)
Moderate moat 51/100
Evidence: High Range ₹686.29 – ₹1,861 Share as image

Fair value as of: Aug 2, 2026

From 26 valuation models · updated 11 days ago

Fair value updated Aug 2, 2026, revised from ₹1,489 to ₹1,324 (−11.1%) since Jun 29, 2026. Share price +11.9% over the past month.

A solid business, but screening 56% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (₹1,861). The favourable scenario is already priced in.
  • The model range is unusually wide (₹686.29 to ₹1,861). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid but not exceptional quality (57/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

₹3,041 ₹1,078 Fair Value ₹1,324 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 2, 2026.

How to read this chart

60‑month range ₹1,078 – ₹3,041 · fair‑value band ₹686.29 – ₹1,861 · the ₹3,020 price screens above the ₹1,324 fair value. Dashed = 300-day average. As of Aug 2, 2026.

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Analysis

Endurance Technologies Limited (ENDURANCE) currently trades at ₹3,020, while our model-based Fair Value estimate is ₹1,324, implying the stock looks roughly 56.2% overvalued today. The Quality Score stands at 57/100 (solid quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Endurance Technologies Limited generated revenue of ₹146B at a net margin of 6.5%. Revenue grew 37.9% year over year. It earns a return on equity of 15.2%. Net debt stands at ₹4.5B. Fundamentals as of Aug 2, 2026

Our scenario range runs from ₹686.29 (bear case) to ₹1,861 (bull case); at ₹3,020, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 2% below its 52-week high and 41% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -44% fair-value upside, at -56%, ENDURANCE screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF ₹535.00 ₹988.57 ₹1,831 80
Residual Income ₹480.51 ₹636.58 ₹1,910 76
Rev-Margin DCF ₹732.72 ₹1,366 ₹2,210 74
All 26 models by family
DCF Models
FCF DCF ₹541.31 ₹1,040 ₹1,985 38
Owner Earnings ₹408.26 ₹781.22 ₹1,487 31
5Y Revenue Exit ₹732.72 ₹1,395 ₹2,325 39
5Y EBITDA Exit ₹997.98 ₹1,958 ₹3,205 41
5Y P/E Exit ₹905.23 ₹1,761 ₹2,774 38
10Y Revenue Exit ₹640.25 ₹1,266 ₹2,290 36
10Y EBITDA Exit ₹851.92 ₹1,695 ₹3,065 37
10Y P/E Exit ₹788.25 ₹1,545 ₹2,685 35
Earnings-Based
Graham-Dodd ₹460.08 ₹2,350 ₹3,247 54
Lynch FV ₹639.85 ₹914.07 ₹1,188 50
PEG = 1.0 ₹639.85 ₹914.07 ₹1,188 46
EPV ₹659.03 ₹772.70 ₹873.74 59
Dividend Discount
Gordon GGM ₹96.19 ₹210.00 ₹353.33 70
DDM Multi-Stage ₹96.19 ₹172.02 ₹218.85 61
Multiples
P/E Multiple ₹1,116 ₹1,489 ₹1,861 63
P/S Multiple ₹862.65 ₹1,150 ₹1,438 58
P/B Multiple ₹862.65 ₹1,150 ₹1,438 55
EV/EBIT ₹1,197 ₹1,591 ₹1,985 53
EV/EBITDA ₹1,273 ₹1,692 ₹2,111 54
EV/Revenue ₹811.55 ₹1,153 ₹1,494 43
Asset-Based
NCAV (Graham) ₹243.16 ₹325.84 ₹486.33 50
Growth DCF
Growth DCF ₹535.00 ₹988.57 ₹1,831 80
Rev-Margin DCF ₹732.72 ₹1,366 ₹2,210 74
Economic Profit
Residual Income ₹480.51 ₹636.58 ₹1,910 76
ROIC Compounder ₹744.41 ₹1,057 ₹1,455 72
Growth Earnings
Growth-Adj P/E ₹990.09 ₹1,414 ₹1,839 68

Widest divergence: Growth Earnings (₹1,414) versus Dividend Discount (₹172.02). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹146B
Revenue growth (YoY) +37.9%
Net margin 6.5%
Return on equity 15.2%
Free cash flow ₹5.2B FY2026
P/E ratio 39.9
More key figures
Operating margin 8.7%
EPS (TTM) ₹67.75
Dividend yield 0.4%
EPS growth (YoY) +12.7%
Net debt ₹4.5B FY2026

Figures from reported company fundamentals · as of Aug 2, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 57/100

Of which business quality 59 · Market factors (momentum, volatility) 67

Profitability 62
Margins and returns on capital today
Quality Growth 48
Are margins and returns improving?
Cashflow 43
Earnings quality: real cash, not paper profit
Fin. Strength 81
Balance sheet, leverage, solvency risk
Investment 28
Disciplined investing over empire-building
Low Volatility 75
Calm price path (market factor)
Momentum 58
Price trend over the last 3–12 months (market factor)
52W Momentum 73
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Endurance Technologies Limited, together with its subsidiaries, manufactures and supplies automotive components for original equipment manufacturers in India and internationally.

Full company description

Endurance Technologies Limited, together with its subsidiaries, manufactures and supplies automotive components for original equipment manufacturers in India and internationally. The company offers aluminium die castings, such as high pressure, low pressure, and gravity die castings; machining components, which comprise engines, gearboxes, and transmission parts; other metallic components, including aluminum alloys, cast iron, and steel; and suspension products. It also designs, develops, and manufactures adjustable and non-adjustable damping force inverted front forks and mono shock absorbers; and provides transmission products comprising clutch assemblies and continuous variable transmission assemblies. In addition, the company offers brake systems that include disc brakes, hydraulic drum brakes, anti-lock braking, combine braking, and tandem master cylinders, as well as disc brake assemblies, and drum brake assemblies, as well as aftermarket sales services. Further, it provides spare parts for dealers; and operates an advanced battery management and intelligence platform that focuses on developing technologies that improves the performance of lithium-ion batteries that powers electric vehicles and energy storage systems. The company offers its products for use in two, three, and four wheelers, as well as for scooters, motorcycles, mopeds, mountain bikes, and quadricycles. Endurance Technologies Limited was founded in 1985 and is based in Aurangabad, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Endurance Technologies Limited reported revenue of ₹146B in FY2026 versus ₹74.2B in FY2022, a compound +18.4%/yr. Reported net income was ₹9.5B in FY2026, compounding +19.9%/yr from FY2022.

Growth Quality 81/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
₹146B
Latest YoY
+28.4%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+18.9%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+17.9%
Avg. growth/yr (14Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.0%
Revenue +18.4%/yr
FY22 ₹74.2B
FY23 ₹86.8B
FY24 ₹101B
FY25 ₹114B
FY26 ₹146B
Net income +19.9%/yr
FY22 ₹4.6B
FY23 ₹4.8B
FY24 ₹6.8B
FY25 ₹8.4B
FY26 ₹9.5B
Character of growth · EPS growth decomposed (2015-2026) +12.1 % p.a.
Revenue per share +9.8 pp

of which total revenue +9.8 pp · buybacks/dilution +0.0 pp

EBIT margin +0.3 pp
Tax rate +0.7 pp
Residual (interest, one-offs) +1.3 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

ENDURANCE screens 56% overvalued. Compare with Hyundai Mobis Co →

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Cite: Fair Value Calculator (2026). "Endurance Technologies Limited Fair Value". https://www.fairvalue-calculator.com/stock/ENDURANCE

Peer Group

Auto Parts · 643 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 57 · Above median
Fair Value upside −56% · Bottom 25%
Return on equity (TTM) 15% · Top 25%
Return on assets 7% · Top 25%
Net margin (TTM) 7% · Above median
Operating margin (TTM) 9% · Above median
Revenue growth 38% · Top 25%
Dividend yield (TTM) 0.4% · Bottom 25%
Debt / equity 0.10× · Lower than median

Valuation Multiples vs Auto Parts median · lower = cheaper

P/E (TTM) 39.9× · Pricier than 75% of peers
P/B 5.56× · Pricier than 75% of peers
P/S (TTM) 2.60× · Pricier than 75% of peers
P/FCF 0.8× · Cheaper than median
EV/EBITDA 19.2× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 17
FUTURE 100 · sector 24
PAST 61 · sector 26
HEALTH 95 · sector 95
DIVIDEND 8 · sector 30

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

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Uno Minda Limited UNOMINDA ₹1,158 ₹426.57 -63%
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Frequently asked questions

Is Endurance Technologies Limited (ENDURANCE) overvalued or undervalued?
As of Aug 2, 2026, our model estimates a fair value of ₹1,324 versus a price of ₹3,020, about −56% (overvalued).
What is the fair value of ENDURANCE?
Our model-based fair value for Endurance Technologies Limited is ₹1,324 (as of Aug 2, 2026), built from audited fundamentals. The current price is ₹3,020.
What is the quality score of ENDURANCE?
Endurance Technologies Limited has a Quality Score of 57/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Endurance Technologies Limited (ENDURANCE)?
Endurance Technologies Limited reported trailing-twelve-month revenue of about ₹146B (latest available figure, as of Aug 2, 2026).
What is the net profit margin of ENDURANCE?
The net profit margin of Endurance Technologies Limited is about 6.5%, meaning it keeps roughly 6.5% of revenue as net income. Based on the latest reported figures.
Does Endurance Technologies Limited pay a dividend?
Endurance Technologies Limited currently shows a dividend yield of about 0.42% relative to its recent price (as of Aug 2, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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