Q1 2025 Endurance Technologies Ltd Earnings Call Transcript
Key Points
- Consolidated total net income grew by 15.9% year-over-year, reaching INR28,593 million.
- Consolidated EBITDA increased by 28.8%, with a margin of 14.3%.
- Profit after tax rose by 24.68%, amounting to INR2,038 million.
- No consolidated net debt, with net cash available of INR6,127 billion.
- Significant new business wins in India and Europe, including electric vehicle components and partnerships with major OEMs.
- Decline in four-wheeler segment revenue by 13% in FY24 and 3% in Q1 FY25.
- Challenges in the European market, including fixed costs from new plant setups affecting margins.
- Dependency on a few large customers, such as Hero MotoCorp, for significant portions of new business.
- Slow start in the EV market despite strategic acquisitions and investments.
- Increased competition and market challenges in the aluminum die-casting segment.
Ladies and gentlemen, good day, and welcome to the Endurance Technologies Q1 FY '25 results conference call hosted by Axis Capital Limited. (Operator Instructions) Please note that this conference is being recorded. I now hand the conference over to Mr. Nishit Jalan from Axis Capital. Thank you, and over to you, sir.
Thank you [Lisa], good afternoon, everyone. Welcome to our Q1 FY '25, our post-results conference call of Endurance Technologies. We are pleased to host the management team we have with us today are Mr. Anurang Jain, Managing Director; Mr. Massimo Venuti, Director, and CEO Endurance Overseas; Mr. Rajendra Abhange, Director and COO; Mr. Rajagopal Sastry, Group CFO; and Mr. Raj Mundra, Treasurer and Investor Relations. I'll hand over the call to Mr. Anurang for his opening comments, post which we can start with the Q&A. Over to you, Mr. Jain.
Thank you very much and good morning
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
