Tenneco Clean Air India Limited share price

NSE: TENNIND · ISIN INE19RI01016

Key numbers

Market cap
₹ 20,796 Cr
Current price
₹ 515.25
52-week high / low
₹ 657 / 438
Stock P/E
34.6
Book value
₹ 29.7
Dividend yield
4.74%
ROCE
57.4%
ROE
43.0%
Debt to equity
0.07
Sales growth (3 yrs)
3.9%
Profit growth (3 yrs)
16.6%
1-year return
-

About Tenneco Clean Air India Limited

Tenneco Clean Air India Limited operates as a manufacturer and supplier of clean air and powertrain solutions. The company operates in two segments, clean air and powertrain solutions; and advanced ride technologies. The company designs, manufactures, and sells exhaust aftertreatment systems, such as catalytic converters, mufflers, and exhaust pipes; engine bearings, sealing systems, and ignition products, such as spark plugs and ignition coils; and shock absorbers, struts and dampers, suspension systems, and ride control technologies. Its products are used in passenger vehicles, commercial trucks, off-highway vehicles, industrial and other application, including generator sets, small commercial vehicles, two wheelers and three wheelers. Tenneco Clean Air India. Limited was founded in 1979 and is based in Gurugram, India. Tenneco Clean Air India Limited operates as a subsidiary of Tenneco Mauritius Holdings Limited.

Quarterly results

Consolidated figures in ₹ crores

Mar 2025Jun 2025Dec 2025Mar 2026Jun 2026
Sales1,3261,2861,2851,5521,545
Operating profit219229223257247
Net profit140168119167165
EPS (₹)3.474.162.944.134.09

Concall summary (2026-08-12)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • We expect the updates to take around 15 minutes, after which we will open the floor for a Q&A session of about 45 minutes.
  • Our commercial vehicle Clean Air Solutions business increased value market share from 57% to 58% in FY2026, while our passenger vehicle shock absorbers and struts business expanded market share from 52% to 55% in the Indian market.

Growth & demand

  • For the quarter, value added revenue grew 18.4% year-on-year to INR13,816 million, outperforming the growth of our served addressable market.
  • EBITDA grew 7.9% year-on-year to INR2,469 million, and we delivered an EBITDA margin of 17.9% on value added revenue.

Margins & costs

  • From a profitability perspective, EBITDA increased 7.9% year -on-year to INR2,469 million, EBITDA margins stood at 17.9% of VAR.
  • So my first question is on the margin, like, margin since the RM cost increases are pass-through for you, and what we are seeing that OEMs are now kind of taking the actual price hike to, to pass through the RM cost inflation to the customers.

Capex & expansion

  • At the same time, we remain committed to investing in future growth opportunit ies, including previously announced capacity expansion projects that will support our growing order book and customer requirements over the coming years.
  • So, as far as capacity utilization is concerned, for CAPT, it is upward of 80%.

Balance sheet & cash

  • This win represents a strong entry into a new white space opportunity and demonstrates our ability to leverage long-standing customer relationships to expand our footprint.
  • So, we were able to leverage our relationship in other products to be able to get in.

Peers in Auto Parts

Data for information only, not investment advice. Prices end of day.