National, 01s tJune 2026: Tenneco Clean Air India Limited (“Tenneco India”) (BSE/NSE: TENNIND), a leading Tier -1 automotive component manufacturer supplying Clean Air, Powertrain and Advanced Ride Technologies (ART) solutions to major OEMs, today announced its financial results for Q4 and FY2026.
Financial Highlights (INR Millions):
| Q4
FY2026 |
Q4
FY2025 |
YoY
Change |
FY2026 | FY2025 | YoY
Change |
|
| Revenue from
Operations |
15,524 | 13,259 | 17.1% | 54,040 | 48,904 | 10.5% |
| Value-added
Revenue (VAR) * |
14,058 | 11,963 | 17.5% | 49,180 | 43,801 | 12.3% |
| Clean Air &
Powertrain Solutions |
6,905 | 6,284 | 9.9% | 24,296 | 23,020 | 5.5% |
| Advanced Ride
Technologies |
7,153 | 5,679 | 26.0% | 24,885 | 20,782 | 19.7% |
| EBITDA/
Margin (VAR) |
2,573 /
18.3% |
2,189 /
18.3% |
17.6% /
Flat |
9,255 /
18.8% |
8,152 /
18.6% |
13.5% /
21 bps |
| PAT/ Margin (VAR) | 1,668 /
11.9% |
1,403 /
11.7% |
18.8% /
13 bps |
6,044 /
12.3% |
5,531 /
12.6% |
9.3% /
(34) bps |
| FY2026 | FY2025 | |
| ROCE | 94% | 57% |
*VAR (Valu e A dd e d R ev enue) is u se d as the pri mary p erf orman c e me tric as i t ex clu de s pass – thr ou gh su bs tra te co sts fr o m rev enu e fr o m o perat ion s an d b et ter r efl e ct s th e un derl yin g o perat ing perf or man ce , marg ins, an d co m para bili ty acr oss p erio d s
Business Highlights:
The quarter and the year under review demonstrated the strength of Tenneco Clean Air India’s resilient, diversified, and execution -led business model, delivering strong growth and robust operating performance despite ongoing geopolitical headwinds and incremental administrative costs associated with being a listed entity .
Our Value Added Revenue (VAR) grew by 17.5% year -on-year in Q4 FY2026 and 12.3% in FY2026, supported by growth across key business segments. EBITDA margin for the quarter stood at 18.3% and 18.8% for FY2026, on the back of sustained operational efficiency
General Business – Tenneco Confidential
PRESS RELEASE Q4 & FY2026
initiatives under the Company’s global P3 (People, Performance, and Pride) operating framework and timely commercial actions . This mitigated cost pressures arising from geopolitical developments and incremental costs related to being a listed entity. Profit after tax grew 19% year -on-year to INR 1,668 million (11.9% PAT Margin) for Q4 and grew 9% to INR 6,044 million (12.3% PAT Margin) for FY2026.
Key Highlights for FY2026
Tenneco Clean Air India Limited was successfully listed on the stock exchanges on November 19, 2025, marking a key milestone in its evolution as a public company. The IPO was subscribed over 61 times, reflecting strong investor participation across categor ies. The Company’s shares listed at a premium to the issue price and since listing it has significantly outperformed broader markets and is among top 10% of BSE‑listed companies by share price returns since listing (Nov‑2025).
During the year, the Company continued to strengthen its market position through a series of strategic program wins and technology developments across key business verticals :
- The year was marked by a strategic technology leadership milestone: the selection of the DCx DaVinci advanced suspension system by a leading Indian OEM for a new – generation flagship SUV platform, and also recognized for its performance by India’s leading automotive reviewers. This program win validate s Tenneco’s capability to deliver differentiated ride quality through mechanical innovation and establishes the DCx DaVinci suspension system as a market -ready solution for the competitive mid – premium SUV segment.
- The second technology leadership milestone was the selection of our Clean Air System with a leading Japanese passenger vehicle OEM in India, marking entry into a previously untapped Clean Air segment at this customer supported by our technology depth, localization, engineering capability, and customer relationship.
- Another strategic program was booked with a leading European commercial vehicle OEM for a Clean Air aftertreatment solution tailored to customer specific cost and performance requirements.
- The company achieved a strategic entry into Bearings systems with a leading Japanese passenger vehicle OEM in India enabling the possibility of incremental business opportunities across adjacent customer platforms.
- The company completed a strategic Proof of Concept with a leading European Truck OEM for a Euro VII–compliant Clean Air solution, thereby strengthening capabilities in advanced emission technologies and readiness for future legislations .
General Business – Tenneco Confidential
PRESS RELEASE Q4 & FY2026
- Finally, the company won a new engine platform in Clean Air at a major Indian CV OEM, enhancing revenue visibility, reinforcing customer confidence, and validating the company’s competitive positioning in next generation emission controls.
Order book momentum remained strong, with the total order book (excluding new programs in production) reaching INR 124,000 million as of March 31, 2026 . This already covers 100% of FY2028 revenue target, underpinning a healthy double -digit CAGR trajectory.
Driven by sustained business growth, Tenneco Clean Air India plans to establish a new greenfield plant for Clean Air Systems in North India and has announced another new greenfield plant for Advanced Ride Technologies in West India, with a cumulative capex outlay of INR 1,400 Million.
Management Remarks:
Arvind Chandra, Whole-Time Director and CEO, Tenneco India, said:
“Over the past few years, the team has worked diligently to build a resilient, diversified, and execution led business model. This was clearly demonstrated during the quarter and the year under review. Despite geopolitical headwinds since the end of Februa ry 2026 and the incremental overheads associated with becoming a listed entity , the team delivered a FY2026 double digit topline growth at 12% and, more importantly, a strong operating performance with highest ever EBITDA margin at 18.8%.
Supported by a strong and expanding order book, we continue to proactively scale our manufacturing capabilities to meet rising customer demand. In addition to the recently announced expansion in Northern India of INR 710 Mn, we plan to expand our manufacturing presence in Western India with an investment of INR 690 Mn, leading to a total of INR 1,400 Mn. These strategic capacity additions position us well to capture incremental growth opportunities, strengthen customer partnerships, and support long term value creation.
We recently completed a strategic Proof of Concept with a leading European Truck OEM for a Euro VII–compliant Clean Air solution, thereby strengthening capabilities in advanced emission technologies and readiness for future legislations . Also, we were honored with the Zero-Defect Supplier Award by Toyota in the ART business, underscoring our commitment to operational excellence. In addition, we secured a strategic entry into the engine bearings business at a leading Japanese OEM, due to superior product te chnology, better quality and longstanding business relationship across other product verticals.
Our H2 FY2026 order book addition stands at INR 60,254 Mn. Combined with the previously announced H1 order book, net of orders currently under production, the incremental lifetime order book reached INR 124,000 Mn as of March 31, 2026. This robust order bo ok
General Business – Tenneco Confidential
PRESS RELEASE Q4 & FY2026
provides strong revenue visibility covering more than 100% of FY28 target revenues underpinning a healthy double -digit CAGR trajectory.”
About Tenneco Clean Air India Limited:
Tenneco Clean Air India Limited is part of the Tenneco Group, a US-headquartered, global Tier -1 automotive component supplier. We manufacture and supply critical, highly engineered, and technology- intensive clean air, powertrain, and suspension solutions tailored to the needs of Indian OEMs and the export market. Our customer base includes OEMs across a range of segments , including passenger vehicles, commercial vehicles (such as commercial trucks and off -highway vehicles), and industrial applications.
The company’s portfolio includes catalytic converters, diesel particulate filters (DPFs), selective catalytic reduction systems (SCRs), mufflers, exhaust pipes, after – treatment systems, bearings, sealings, sparkplugs , strut assemblies and shock absorbers that help OEMs meet stringent emission norms while improving vehicle performance , fuel efficiency and comfort. Our brands of Champion® sparkplugs and Monroe® suspensions are widely used in the Indian automotive market.
The company has 12 Manufacturing facilities and two R&D centers of global standards strategically located in key automotive OEM hubs in India .
