Aurangabad based Endurance Technologies Ltd, the largest two-wheeler and three-wheeler automotive component manufacturer in India in terms of revenue and also number one aluminum die-casting company in the country is coming out with a 1000 crore+ IPO on 5th October 2006.
Endurance Tech has announced a Price Band of Rs. 567-572 its Rs 1160 Crore IPO. A quick peer comparison is given below to assess its financial strengths vis a vis other major players.
| Company | Endurance | Bharat Forge | Motherson | Gabriel | Mahindra CIE | Munjal Showa | Rico Auto |
| Revenue | 5,273.96 | 7,780.08 | 38,395.20 | 1,438.23 | 3,861.25 | 1,501.84 | 1,021.20 |
| Face Value | 10 | 2 | 1 | 1 | 10 | 2 | 1 |
| Operating Profit | 413 | 1413.29 | 3425.2 | 131.12 | 303.1 | 127.44 | 93.98 |
| OPM | 7.83% | 18.17% | 8.92% | 9.12% | 7.85% | 8.49% | 9.20% |
| Net Profit | 290.9 | 649.99 | 1273.7 | 75.25 | 87.23 | 61.15 | 29.44 |
| NPM | 5.52% | 8.35% | 3.32% | 5.23% | 2.26% | 4.07% | 2.88% |
| Share Capital | 140.66 | 46.57 | 132.3 | 14.37 | 323.33 | 8 | 13.53 |
| EPS | 20.68 | 27.91 | 9.63 | 5.24 | 2.7 | 15.29 | 2.18 |
| Market /Issue Price | 472 | 938.7 | 315.75 | 119.8 | 188.25 | 207.7 | 64.15 |
| P/E | 22.82 | 33.63 | 32.79 | 22.86 | 69.72 | 13.58 | 29.43 |
| RONW | 19.93% | 18.18% | 30.00% | 19.80% | 4.34% | 13.50% | 6.26% |
| NAV | 103.38 | 153.61 | 32.09 | 26.45 | 62.19 | 113.24 | 34.78 |
The company seems to be on strong wicket and presents a reasonable opportunity to investors.
Related Link: Endurance Technologies IPO Analysis:
https://ipoandmore.com/2016/09/28/endurance-technologies-ipo-analysis/