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Earnings Call

Tenneco Clean Air India Earnings Call: Key Takeaways

Tenneco Clean Air India (TENNIND) reports strong FY26 results with 12.3% VAR growth and record 18.8% EBITDA margins, driven by market outperformance and operational efficiencies.

Why this was an Alfa AlertNot a filter event. Results and growth are robust but no specific prior guided range beat of >10% was stated.
Highlights
Revenue growth12.3% YoY VAR growth in FY26.
MarginsRecord EBITDA margins at 18.8%, up 21 bps YoY.
Order book₹124,000 Mn incremental lifetime order book as of March 31, 2026.
Demand visibilityHigh; order book covers >100% of FY2028 target revenues.
Management confidenceHigh; citing 'legitimacy to grow faster' and 'strong execution record'.

Growth

FY26 VAR grew 12.3% YoY to ₹49,180 Mn; PAT grew 9.3% to ₹6,044 Mn. Q4 VAR surged 17.5% YoY.

Outlook

Strong revenue visibility with ₹124,000 Mn incremental order book; ₹1,400 Mn greenfield capex planned for North/West India.

Risks

Geopolitical headwinds noted since Feb 2026; one-time labor code impact affected FY26 PAT margins.

Source

Earnings Call filed with NSE, NSE: TENNIND. Summary written with AI assistance from the document.

Read the document ↗

Tenneco Clean Air India Limited: key numbers

Share price
₹515.25
Market cap
₹20,796 Cr
Revenue (annual)
₹5,404 Cr
Net profit (annual)
₹603.6 Cr
P/E (TTM)
34.6×Sector 33.6×
Promoter holding
74.79%+0.00% QoQ
FII holding
9.69%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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