Margin compression from aluminum cost pass-through
Standalone EBITDA margin fell 116bps YoY partly due to aluminum alloy price increase, which forms 55% of raw material purchases.
Endurance Technologies · Material risks, their source context, and severity in the latest available quarter.
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Standalone EBITDA margin fell 116bps YoY partly due to aluminum alloy price increase, which forms 55% of raw material purchases.
Second 1.2M ABS line investment is contingent on final government guidelines expected this month; any delay could impact capacity utilization.
European market growth is driven by destocking with discounts; actual production continues to decline, posing risk to future orders.
Entry into four-wheeler suspension faces established competition with aggressive pricing; management admits it's a 'tough business' but confident in technology partnership.