ALFA Finder| Revenue growth | Revenue up 20.2% YoY; value-added revenue increased 18.4% YoY. |
|---|---|
| Margins | EBITDA margin at 17.9%, impacted by commodity inflation and listing costs. |
| Order book | Mid-teen growth expected to achieve existing order book commitments. |
| Demand visibility | Strong demand visibility through FY27, especially in PV and CV segments. |
| Management confidence | Balanced confidence; highlighting market share gains despite significant external headwinds. |
Growth
Value-added revenue grew 18.4% YoY, significantly outperforming the addressable market growth across CV and PV segments.
Outlook
Order book visibility suggests mid-teen growth; management plans INR 350-450 Cr capex for FY27.
Risks
Non-indexed raw material costs (rubber, plastics, gas) and geopolitical disruptions remain primary margin headwinds.
Last quarter's promises, checked
Delivered
- Guided double-digit growth → delivered 20.2% YoY (= BEAT)
- Guided zero debt → delivered remains debt-free (= BEAT)
- Guided P3 model margin expansion → delivered FY26 18.8% vs FY24 14.3% (= BEAT)
Partly delivered
- Guided INR 140 Cr capex for FY26 → delivered INR 115 Cr (= PARTIAL)
Earnings Call Transcript filed with NSE, NSE: TENNIND. Summary written with AI assistance from the document.
Tenneco Clean Air India Ltd: key numbers
- Share price
- ₹446.50
- Market cap
- ₹18,021 Cr
- Revenue (annual)
- ₹5,404 Cr
- Net profit (annual)
- ₹603.6 Cr
- P/E (TTM)
- 28.9×Sector 32.5×
- Promoter holding
- 59.79%-15.00% QoQ
- FII holding
- 11.90%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Tenneco Clean Air India Ltd
All →Tenneco Clean Air India Other Announcement
Tenneco Clean Air India received an ESG score of 62 from SES ESG Research, an ESG Rating Provider, based on FY2025-26 public data. The company did not engage the provider.
Tenneco Clean Air India Earnings Call Transcript: Key Takeaways
Q2 FY27 value-added revenue rose 32.2% on volume and content gains; PAT up 15%. Management is upbeat, but commodity cost recovery is unresolved and the export order book has softened sharply.
Tenneco Clean Air India Investor Presentation: Key Takeaways
Q2 FY27: VAR +32.2% to INR 15,229 Mn, EBITDA +20.7% to INR 2,616 Mn, PAT +15.0% to INR 1,734 Mn. H1 VAR +25.3%. Net debt free; order book ~INR 165,000 Mn.
Tenneco Clean Air India Capacity Expansion: ₹45 Cr Investment
Tenneco Clean Air India approved a new Western India factory, adding about 0.3 million hot-end catalytic converters over 2-3 years. Investment is about INR 450 million, funded by internal accruals.
- Value
- ₹45.00 Cr
- Execution
- During next 2-3 financial years in a phased manner
- hot-end catalytic converter capacity
- 0.3 million units
Tenneco Clean Air India Results Update
Tenneco Clean Air India reported Q2 FY27 revenue of INR 17,183 million, up 34.2%. It also announced a West India plant costing about INR 450 million.
Tenneco Clean Air India Q2 FY27 Results: Net Profit ₹173.4 Cr, Up 15.1% YoY
Tenneco Clean Air India Ltd reported revenue from operations of ₹1,718 Cr (+34.2% YoY) and net profit of ₹173.4 Cr (+15.1% YoY) for Q2 FY27.
- Key figure
- Net profit ₹173.4 Cr · +15.1% YoY