Endurance Technologies Four-Wheeler Casting Orders Reach INR 5.13 Billion Potential

Four-Wheeler Casting Order Pipeline Reaches New Peak

On August 14, Endurance Technologies Limited said in an investor update that its four-wheeler casting order pipeline continued to strengthen, with cumulative bookings reaching a peak annual business potential of INR 5.13 billion. The awards include business from a large United States-based EV OEM for automotive and non-automotive applications, Jaguar Land Rover, and Valeo for electric vehicle platforms from Mahindra and Tata. Start of production for these programs is scheduled to begin in September 2026, while Endurance expects a significant increase in business activity by Q4 FY27, ending March 31, 2027.

Chennai Expansion Adds Hybrid Vehicle Programs

The company is also expanding its existing four-wheeler casting operations at its Chennai plant to support hybrid vehicle programs for Isuzu. Endurance expects start of production in Q4 FY27, adding another growth opportunity to its casting portfolio. Separately, new-part orders from Hyundai and Kia have already entered production, with SOP beginning in August 2026. Those programs represent annual business value of INR 800 million and are expected to reach peak sales in FY28. The combination of hybrid applications and newly launched programs broadens the expected contribution from the company's four-wheeler operations.

Chakan Plant Expansion Supports Tata and Mahindra Programs

At its Chakan die-casting plant, Endurance Technologies Limited is expanding its four-wheeler machined aluminum casting business for existing and new programs from Tata Motors and Mahindra. The investment broadens the company's manufacturing capacity across multiple customer programs while increasing its exposure to electrified and conventional automotive applications. Together with the Chennai expansion and the newly awarded Hyundai and Kia business, the developments indicate a broader pipeline of future production programs across Endurance's four-wheeler casting operations. The projects also provide additional opportunities to scale machined and die-cast aluminum component production.

Production Ramp-Up Creates Multi-Year Growth Visibility

The latest order activity strengthens the outlook for the company's four-wheeler casting business through the next several financial periods. The combination of EV-related programs, hybrid applications, and additional machined aluminum casting work provides multiple sources of future revenue growth. The timing of production launches is also spread across August 2026, September 2026, and Q4 FY27, creating a staged ramp-up rather than reliance on a single program. Peak sales from the Hyundai and Kia awards are expected in FY28, while the larger order pipeline is positioned to build further toward FY27.

Frequently Asked Questions

What is the latest order potential reported by Endurance Technologies?
The company reported cumulative four-wheeler casting bookings with a peak annual business potential of INR 5.13 billion. The pipeline includes programs for EV and conventional automotive applications involving several major customers and platforms. Production is scheduled to begin or has already begun across multiple programs, including new orders from Hyundai and Kia that entered SOP in August 2026. Additional EV-related programs are scheduled for September 2026, while the Chennai hybrid program is expected to start in Q4 FY27. The Hyundai and Kia business is expected to reach peak sales in FY28.