Fundamental Analysis of Endurance Technologies Ltd

About the Company - Endurance Technologies Ltd

Endurance Technologies Ltd. is a Public Limited Listed company incorporated on 27/12/1999 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L34102MH1999PLC123296 and registration number is 123296. Currently Company is involved in the business activities of Casting of non-ferrous metals. Company’s Total Operating Revenue is Rs. 5697.09 Cr. and Equity Capital is Rs. 140.66 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Auto Ancl - Others	Plot No. E-92, Aurangabad Maharashtra 431136	investors@endurance.co.in http://www.endurancegroup.com

Management
Name	Position Held
Mr. Soumendra Basu	Chairman
Mr. Anurang Jain	Managing Director
Mr. Massimo Venuti	Director
Ms. Anjali Seth	Director
Mr. Satrajit Ray	Director
Mr. Indrajit Banerjee	Director
Mr. Roberto Testore	Director
Mr. Ramesh Gehaney	Director
Mr. Anant Talaulicar	Director
Mrs. Varsha Jain	Director

Basic Stock Data of Endurance Technologies Ltd

Last Updated: July 6, 2024, 12:12 pm

Market Cap	38,363 Cr.
Current Price	2,727
High / Low	3,061/1,525
Stock P/E	56.4
Book Value	354
Dividend Yield	0.31 %
ROCE	17.6 %
ROE	14.5 %
Face Value	10.0
PEG Ratio	-565.69

Endurance Technologies Ltd Quarterly Results

Month	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Sales	2,041	2,133	1,694	1,888	1,889	2,079	2,114	2,361	2,095	2,234	2,450	2,545	2,561
Expenses	1,689	1,801	1,449	1,628	1,686	1,822	1,874	2,089	1,856	1,949	2,129	2,227	2,262
Operating Profit	352	332	244	260	203	257	240	272	240	285	321	318	299
OPM %	17%	16%	14%	14%	11%	12%	11%	12%	11%	13%	13%	13%	12%
Other Income	-5	7	-19	8	7	13	-6	8	12	21	17	16	27
Interest	4	2	1	2	1	2	2	6	5	8	9	10	11
Depreciation	104	112	98	94	91	98	99	99	102	122	113	118	114
Profit before tax	238	225	126	172	118	170	133	175	145	177	216	206	201
Tax %	20%	17%	23%	23%	20%	20%	22%	25%	25%	23%	24%	25%	24%
Net Profit	190	187	97	133	95	136	103	131	108	136	164	155	152
EPS in Rs	13.51	13.32	6.86	9.48	6.73	9.68	7.35	9.35	7.69	9.70	11.62	10.99	10.83

Last Updated: June 11, 2024, 2:39 am

Endurance Technologies Ltd Quarterly Chart

Endurance Technologies Ltd Profit & Loss

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	3,832	3,822	4,212	4,917	5,228	5,588	6,349	7,509	6,915	6,547	7,549	8,804	9,325
Expenses	3,318	3,339	3,678	4,321	4,548	4,830	5,421	6,380	5,784	5,507	6,585	7,768	8,160
Operating Profit	514	483	534	596	680	758	928	1,129	1,131	1,040	965	1,036	1,164
OPM %	13%	13%	13%	12%	13%	14%	15%	15%	16%	16%	13%	12%	12%
Other Income	12	30	30	42	33	29	-3	6	48	19	10	35	64
Interest	96	93	81	51	49	32	24	26	18	14	6	21	31
Depreciation	187	187	208	227	243	291	322	376	414	399	382	422	455
Profit before tax	243	233	276	359	420	465	579	733	747	647	586	629	743
Tax %	25%	27%	26%	29%	29%	29%	33%	32%	24%	20%	21%	24%
Net Profit	183	170	205	254	300	330	391	495	566	520	461	480	563
EPS in Rs	40.15	38.51	46.52	57.42	68.10	23.48	27.78	35.19	40.20	36.95	32.75	34.09	40.00
Dividend Payout %	2%	2%	3%	5%	4%	11%	14%	16%	14%	16%	19%	21%

Endurance Technologies Ltd Profit & Loss Yearly Chart

Endurance Technologies Ltd Growth

Compounded Sales Growth
10 Years:	9%
5 Years:	6%
3 Years:	16%
TTM:	16%

Compounded Profit Growth
10 Years:	13%
5 Years:	6%
3 Years:	9%
TTM:	44%

Stock Price CAGR
10 Years:	%
5 Years:	18%
3 Years:	20%
1 Year:	74%

Return on Equity
10 Years:	17%
5 Years:	14%
3 Years:	13%
Last Year:	14%

Last Updated: June 13, 2024, 6:22 am

Endurance Technologies Ltd Balance Sheet

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Sep 2023
Equity Capital	18	18	18	18	18	141	141	141	141	141	141	141	141
Reserves	590	716	961	1,124	1,432	1,589	2,032	2,424	2,865	3,421	3,779	4,271	4,451
Preference Capital	2	2	2	0	0	0	0	0	0	0	0	0
Borrowings	980	949	698	764	831	694	814	730	750	641	430	515	693
Other Liabilities	748	656	838	879	1,000	1,087	1,353	1,475	1,306	1,544	1,507	1,875	2,153
Total Liabilities	2,336	2,339	2,515	2,784	3,281	3,510	4,340	4,770	5,062	5,747	5,857	6,802	7,438
Fixed Assets	1,195	1,181	1,271	1,453	1,587	1,634	1,851	2,163	2,606	2,603	2,715	3,143	3,192
CWIP	57	32	14	22	103	44	59	118	126	96	119	171	318
Investments	0	8	10	1	48	33	46	36	166	444	487	672	802
Other Assets	1,084	1,118	1,221	1,309	1,542	1,800	2,383	2,453	2,164	2,604	2,536	2,816	3,125
Total Assets	2,336	2,339	2,515	2,784	3,281	3,510	4,340	4,770	5,062	5,747	5,857	6,802	7,438

Endurance Technologies Ltd Reserves and Borrowings Chart

Endurance Technologies Ltd Cash Flow

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Cash from Operating Activity	542	345	569	413	698	537	742	898	1,011	621	742	862
Cash from Investing Activity	-238	-203	-212	-289	-509	-361	-436	-696	-671	-586	-550	-905
Cash from Financing Activity	-235	-152	-377	-139	-114	-122	-24	-167	-258	-143	-302	-72
Net Cash Flow	69	-9	-20	-14	76	54	283	35	83	-108	-111	-115

Endurance Technologies Ltd Financial Efficiency Indicators

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Debtor Days	58	59	58	43	41	50	56	45	36	58	47	48
Inventory Days	34	34	37	47	48	50	49	45	54	62	58	56
Days Payable	98	82	94	82	87	98	113	98	104	130	102	97
Cash Conversion Cycle	-5	11	1	9	3	2	-8	-8	-15	-10	2	7
Working Capital Days	17	27	19	20	-4	8	1	1	-3	27	25	23
ROCE %	22%	20%	21%	22%	22%	21%	23%	25%	21%	17%	14%	14%

Endurance Technologies Ltd Financial Efficiency Indicators Chart

No valid data available for the Shareholding

Endurance Technologies Ltd Shareholding Pattern Chart

No. of Endurance Technologies Ltd Shareholders

Endurance Technologies Ltd Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
UTI Flexi Cap Fund	1,811,597	1.19	289.19	862,600	2024-07-05	110.02%
Axis Midcap Fund	1,310,983	0.95	209.28	862,600	2024-07-05	51.98%
Nippon India Growth Fund	1,150,000	0.96	183.58	862,600	2024-07-05	33.32%
SBI Magnum Midcap Fund	1,032,838	1.25	164.88	862,600	2024-07-05	19.74%
UTI Mid Cap Fund	862,600	1.58	137.7	862,600	2024-07-05	0%
Franklin India Bluechip Fund - Dividend	600,000	1.44	95.78	862,600	2024-07-05	-30.44%
Franklin India Bluechip Fund - Growth	600,000	1.44	95.78	862,600	2024-07-05	-30.44%
SBI Multicap Fund	585,583	0.72	93.48	862,600	2024-07-05	-32.11%
Franklin India Equity Advantage Fund	500,000	2.88	79.82	862,600	2024-07-05	-42.04%
SBI Retirement Benefit Fund - Aggressive Plan	350,000	3.17	55.87	862,600	2024-07-05	-59.42%

Endurance Technologies Ltd ROCE Trend

Endurance Technologies Ltd EPS Trend

Endurance Technologies Ltd Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	48.38	34.09	32.75	36.95	40.20
Diluted EPS (Rs.)	48.38	34.09	32.75	36.95	40.20
Cash EPS (Rs.)	82.07	64.06	59.89	65.31	69.66
Book Value[Excl.RevalReserv]/Share (Rs.)	353.86	313.67	278.68	253.24	213.71
Book Value[Incl.RevalReserv]/Share (Rs.)	353.86	313.67	278.68	253.24	213.71
Revenue From Operations / Share (Rs.)	728.04	625.90	536.68	465.44	491.79
PBDIT / Share (Rs.)	100.50	76.90	71.50	76.13	83.77
PBIT / Share (Rs.)	66.80	46.93	44.36	47.76	54.32
PBT / Share (Rs.)	63.77	44.73	41.67	45.98	53.07
Net Profit / Share (Rs.)	48.38	34.09	32.75	36.94	40.20
NP After MI And SOA / Share (Rs.)	48.38	34.09	32.75	36.95	40.20
PBDIT Margin (%)	13.80	12.28	13.32	16.35	17.03
PBIT Margin (%)	9.17	7.49	8.26	10.26	11.04
PBT Margin (%)	8.75	7.14	7.76	9.87	10.79
Net Profit Margin (%)	6.64	5.44	6.10	7.93	8.17
NP After MI And SOA Margin (%)	6.64	5.44	6.10	7.93	8.17
Return on Networth / Equity (%)	13.67	10.86	11.75	14.58	18.81
Return on Capital Employeed (%)	16.63	13.54	14.85	16.69	21.79
Return On Assets (%)	8.62	7.05	7.86	9.04	11.15
Long Term Debt / Equity (X)	0.09	0.06	0.04	0.10	0.13
Total Debt / Equity (X)	0.15	0.10	0.10	0.11	0.18
Asset Turnover Ratio (%)	1.39	1.36	1.20	1.12	1.27
Current Ratio (X)	1.69	1.65	1.72	1.69	1.37
Quick Ratio (X)	1.30	1.23	1.30	1.33	1.02
Inventory Turnover Ratio (X)	7.00	7.98	7.65	6.75	7.45
Dividend Payout Ratio (NP) (%)	0.00	18.33	18.31	0.00	27.35
Dividend Payout Ratio (CP) (%)	0.00	9.75	10.01	0.00	15.79
Earning Retention Ratio (%)	0.00	81.67	81.69	0.00	72.65
Cash Earning Retention Ratio (%)	0.00	90.25	89.99	0.00	84.21
Interest Coverage Ratio (X)	33.14	52.57	158.27	77.83	67.19
Interest Coverage Ratio (Post Tax) (X)	16.95	24.81	78.46	39.58	33.24
Enterprise Value (Cr.)	26001.29	17658.93	15421.21	20354.14	8359.99
EV / Net Operating Revenue (X)	2.54	2.01	2.04	3.11	1.21
EV / EBITDA (X)	18.39	16.33	15.33	19.01	7.09
MarketCap / Net Operating Revenue (X)	2.51	1.98	2.04	3.12	1.22
Retention Ratios (%)	0.00	81.66	81.68	0.00	72.64
Price / BV (X)	5.17	3.96	3.93	5.74	2.81
Price / Net Operating Revenue (X)	2.51	1.98	2.04	3.12	1.22
EarningsYield	0.02	0.02	0.02	0.02	0.06

Endurance Technologies Ltd Profitability Ratios (%)

Endurance Technologies Ltd Liquidity Ratios

Endurance Technologies Ltd Liquidity Ratios (%)

Endurance Technologies Ltd Interest Coverage Ratios (%)

Endurance Technologies Ltd Valuation Ratios

Fair Value

Fair Value: 2,903.99

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 6.49% compared to the current price 2727

Intrinsic Value: 2,901.09

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 6.38% compared to the current price ₹2727

Last 5 Year EPS CAGR: -0.10%

*Investments are subject to market risks

Strength and Weakness of Endurance Technologies Ltd Stock

Strength	Weakness
The stock has a high average ROCE of 20.17%, which is a positive sign. The stock has a low average Working Capital Days of 13.42, which is a positive sign. The stock has a low average Cash Conversion Cycle of -0.92, which is a positive sign. The company has higher reserves (2,281.15 cr) compared to borrowings (0.46 cr), indicating strong financial stability. The company has shown consistent growth in sales (5.62 cr) and profit (512.31 cr) over the years.

Strength

Weakness

The stock has a high average ROCE of 20.17%, which is a positive sign.
The stock has a low average Working Capital Days of 13.42, which is a positive sign.
The stock has a low average Cash Conversion Cycle of -0.92, which is a positive sign.
The company has higher reserves (2,281.15 cr) compared to borrowings (0.46 cr), indicating strong financial stability.
The company has shown consistent growth in sales (5.62 cr) and profit (512.31 cr) over the years.

FAQ

What is the latest fair value of Endurance Technologies Ltd?

The latest fair value of Endurance Technologies Ltd is ₹2903.99.

What is the Market Cap of Endurance Technologies Ltd?

The Market Cap of Endurance Technologies Ltd is 38,363 Cr..

What is the current Stock Price of Endurance Technologies Ltd as on 06 July 2024?

The current stock price of Endurance Technologies Ltd as on 06 July 2024 is 2,727.

What is the High / Low of Endurance Technologies Ltd stocks in FY 2024?

In FY 2024, the High / Low of Endurance Technologies Ltd stocks is 3,061/1,525.

What is the Stock P/E of Endurance Technologies Ltd?

The Stock P/E of Endurance Technologies Ltd is 56.4.

What is the Book Value of Endurance Technologies Ltd?

The Book Value of Endurance Technologies Ltd is 354.

What is the Dividend Yield of Endurance Technologies Ltd?

The Dividend Yield of Endurance Technologies Ltd is 0.31 %.

What is the ROCE of Endurance Technologies Ltd?

The ROCE of Endurance Technologies Ltd is 17.6 %.

What is the ROE of Endurance Technologies Ltd?

The ROE of Endurance Technologies Ltd is 14.5 %.

What is the Face Value of Endurance Technologies Ltd?

The Face Value of Endurance Technologies Ltd is 10.0.