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Tenneco Clean Air India Earnings Call: Key Takeaways

Tenneco Clean Air India delivered record FY26 results with an all-time high EBITDA margin of 18.8%. Management is pivoting toward high-tech suspension systems and advanced clean air solutions to sustain premium margins.

Highlights
Revenue growthValue-added revenue grew 12.3% YoY to ₹49,180 million.
MarginsRecord EBITDA margin of 18.8%, up 20bps YoY.
Order bookLifetime order book stands at ₹124,000 million.
Demand visibilityStrong visibility via ₹124bn order book for medium-term targets.
Management confidenceHighly confident, emphasizing record margins and debt-free status.

Growth

Value-added revenue grew 12.3% YoY; EBITDA rose 13.5% with significant 450bps margin expansion since FY24.

Outlook

Order book stands at ₹1,24,000 million, providing 100% visibility for FY28 internal revenue targets.

Risks

Geopolitical cost pressures persist; potential lag in export ramp-up; high dependency on Japanese OEM segment penetration.

Source

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

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Tenneco Clean Air India Ltd: 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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