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ICICI Direct Report
Endurance Technologies Ltd. is the largest aluminium die casting company in India by installed capacity and also a leading (top-two) player by market share in other served products i.e. suspension, braking and transmission.
As of FY20, aluminium die casting (ADC; includes two-wheeler alloy wheels) contributed to approximately 53% of consolidated sales with suspension, braking, transmission, aftermarket forming ~29%, ~8%, 6%, ~4%, respectively.
Total ~71% of revenues came from India, with Europe comprising ~29%.
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