Tenneco Clean Air India Ltd.
TENNINDConsumer Discretionary filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
4 transcript(s)/analyst meet(s) served; 0 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 4 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| TRANSCRIPT | 20251210 | 2025-09-30 | yes | |
| TRANSCRIPT | 20260220 | 2025-12-31 | yes | |
| TRANSCRIPT | 20260609 | 2026-03-31 | yes | |
| TRANSCRIPT | 20260812 | 2026-06-30 | yes |
TENNIND
files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | general |
| Scope served | consolidated |
| Panels on this page | 4 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 511.25 |
| 52-week range | not reported for this period |
| Return 1M | -6.39% |
| Return 3M | -11.67% |
| Return 1Y | not reported for this period |
| Return 3Y | not reported for this period |
| Return 5Y | not reported for this period |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 1,545.00 |
| Other income | 9.00 |
| Total income | 1,553.00 |
| Cost of materials consumed | 1,028.00 |
| Purchases of stock-in-trade | 20.00 |
| Changes in inventories | -33.00 |
| Employee benefit expense | 96.00 |
| Finance costs | 8.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.75 | 0.00 |
| institutions foreign | 0.10 | 0.01 |
| institutions domestic | 0.11 | -0.01 |
| mutual funds | 0.07 | -0.01 |
| public | 0.25 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| TRANSCRIPT | 2026-06-30 | 4 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|
| Revenue from operations | 1,281.00 | 1,285.00 | 1,552.00 | 1,545.00 |
| Other income | 12.00 | 5.00 | 11.00 | 9.00 |
| Total income | 1,293.00 | 1,290.00 | 1,564.00 | 1,553.00 |
| Cost of materials consumed | 841.00 | 812.00 | 1,011.00 | 1,028.00 |
| Purchases of stock-in-trade | 12.00 | 9.00 | 15.00 | 20.00 |
| Changes in inventories | -7.00 | 8.00 | -17.00 | -33.00 |
| Employee benefit expense | 75.00 | 75.00 | 103.00 | 96.00 |
| Finance costs | 11.00 | 7.00 | 9.00 | 8.00 |
| Depreciation and amortisation | 26.00 | 28.00 | 29.00 | 28.00 |
| Other expenses | 143.00 | 158.00 | 183.00 | 186.00 |
| Total expenses | 1,100.00 | 1,098.00 | 1,333.00 | 1,334.00 |
| Profit before exceptional items and tax | 192.00 | 192.00 | 231.00 | 219.00 |
| Exceptional items | 0.00 | -27.00 | 0.00 | 0.00 |
| Profit before tax | 192.00 | 165.00 | 231.00 | 219.00 |
| Current tax | 45.00 | 47.00 | 62.00 | 57.00 |
| Deferred tax | -3.00 | -1.00 | 3.00 | -3.00 |
| Tax expense | 42.00 | 46.00 | 64.00 | 54.00 |
| Profit for the period | 151.00 | 119.00 | 167.00 | 165.00 |
| Profit attributable to owners | 150.00 | 119.00 | 167.00 | 165.00 |
| Profit attributable to non-controlling interests | 0.00 | 0.00 | 0.00 | 0.00 |
| Other comprehensive income | 1.00 | -3.00 | -2.00 | 0.00 |
| Total comprehensive income | 151.00 | 116.00 | 165.00 | 165.00 |
| Earnings per share, basic | 3.73 | 2.94 | 4.13 | 4.09 |
| Earnings per share, diluted | 3.73 | 2.94 | 4.13 | 4.09 |
Annual results, as filed
| Line | 2026-03-31 |
|---|---|
| Revenue from operations | 5,404.00 |
| Other income | 59.00 |
| Total income | 5,463.00 |
| Cost of materials consumed | 3,493.00 |
| Purchases of stock-in-trade | 47.00 |
| Changes in inventories | -30.00 |
| Employee benefit expense | 337.00 |
| Finance costs | 34.00 |
| Depreciation and amortisation | 108.00 |
| Other expenses | 632.00 |
| Total expenses | 4,620.00 |
| Profit before exceptional items and tax | 843.00 |
| Exceptional items | -27.00 |
| Profit before tax | 816.00 |
| Current tax | 217.00 |
| Deferred tax | -5.00 |
| Tax expense | 211.00 |
| Profit for the period | 604.00 |
| Profit attributable to owners | 604.00 |
| Profit attributable to non-controlling interests | 1.00 |
| Other comprehensive income | -4.00 |
| Total comprehensive income | 600.00 |
| Earnings per share, basic | 14.95 |
| Earnings per share, diluted | 14.95 |
Balance sheet, as filed
| Line | 2025-09-30 | 2026-03-31 |
|---|---|---|
| Total assets | 2,141.00 | 2,537.00 |
| Non-current assets | 700.00 | 809.00 |
| Current assets | 1,442.00 | 1,728.00 |
| Property, plant and equipment | 556.00 | 581.00 |
| Capital work-in-progress | 66.00 | 58.00 |
| Goodwill | 0.00 | 0.00 |
| Other intangible assets | 1.00 | 1.00 |
| Inventories | 300.00 | 338.00 |
| Trade receivables | 619.00 | 635.00 |
| Cash and cash equivalents | 368.00 | 571.00 |
| Total equity and liabilities | 2,141.00 | 2,537.00 |
| Equity | 920.00 | 1,201.00 |
| Equity share capital | 404.00 | 404.00 |
| Other equity | 514.00 | 794.00 |
| Total liabilities | 1,221.00 | 1,337.00 |
| Non-current liabilities | 72.00 | 119.00 |
| Current liabilities | 1,149.00 | 1,217.00 |
| Borrowings, non-current | 0.00 | 0.00 |
| Borrowings, current | 0.00 | 0.00 |
| Trade payables | 924.00 | 1,038.00 |
Cash flow, as filed
| Line | 2025-09-30 | 2026-03-31 |
|---|---|---|
| Net cash from operating activities | 1,122.00 | 1,429.00 |
| Net cash from investing activities | 18.00 | -69.00 |
| Net cash from financing activities | -1,058.00 | -1,075.00 |
| Purchase of property, plant and equipment | 25.00 | 115.00 |
| Net increase in cash | 82.00 | 285.00 |
| con:CFO.BEFORE_TAX | 1,371.00 | 1,759.00 |
| con:INTEREST_RECEIVED.OPERATING | 0.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 0.00 | 0.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 249.00 | 329.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 0.00 | 0.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 |
| con:PPE_DISPOSALS | 1.00 | 31.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 0.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2025-11-19 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|
| Promoter and promoter group | 0.75 | 0.75 | 0.75 | 0.75 |
| Domestic institutions | 0.10 | 0.12 | 0.13 | 0.11 |
| Mutual funds | 0.04 | 0.08 | 0.08 | 0.07 |
| Insurance companies | 0.01 | 0.01 | 0.01 | 0.01 |
| Foreign institutions | 0.04 | 0.08 | 0.09 | 0.10 |
| Government | — | — | 0.00 | 0.00 |
| Public | 0.25 | 0.25 | 0.25 | 0.25 |
| Non-institutional | 0.11 | 0.05 | 0.04 | 0.04 |
| Shares outstanding | 403604309 | 403604309 | 403604309 | 403604309 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-08-12 | Q1FY27 | Read the call | |
| 2026-06-09 | Q4FY26 | Read the call | |
| 2026-02-20 | Q3FY26 | LIMITED | Read the call |
| 2025-12-10 | Q2FY26 | LIMITED | Read the call |
What they said about it, quarter by quarter
| Topic | Q1FY27 | Q2FY26 | Q3FY26 | Q4FY26 |
|---|---|---|---|---|
| Capex | And if yes, what are the capex plans for FY ‘27? | We continue to stay debt-free and have been meeting all our requirements in terms of capex as well as working capital to internal accruals. | This project envisages INR710 million capex with an estimated start of production in Q3 FY27, further enhancing Tenneco's operational footprint and cu… | And secondly, you have talked about new plants and some new orders that you have received on bearings side on commercial vehicle side. |
| Costs | I believe in Clean Air, the input cost is more of a pass-through. | And also, the ability to source raw material, ability to get affordable prices, affordable costs. | And again this means looking at raw material costs, looking at conversion costs, looking at fixed costs, looking at commercial negotiations, looking a… | Turning to Q4, this quarter was particularly strong across all key metrics despite elevated geopolitical cost pressures. |
| Debt and cash | And my last question is, since we are already a debt-free company with negative working capital, how are we planning to deploy cash flow from operatio… | On capital efficiency, we continue to post numbers in cash conversion cycle, pre-cash flow generation, debt-to-equity, and ROCE numbers that are indus… | Our balance sheet metrics continue to remain healthy, supported by negative cash conversion cycle and effective working capital management. | Fixed assets turnover improved to 9.6 times from 8.4 times in FY25, while our cash conversion cycle remained strong at negative 23 days, highlighting … |
| Demand | At the same time, we remain committed to investing in future growth opportunities, including previously announced capacity expansion projects that wil… | Demand for passenger and light commercial vehicles in India is good, driven by a shift towards larger and more premium models, rising expectations aro… | Execution that translated technology into customer adoption, strengthened our order book, and reinforced the leadership and relevance of our portfolio… | Tenneco Clean Air India Limited June 03, 2026 General Business - Tenneco Confidential Now, turning to order book, the momentum remains strong. |
| Guidance | Please those please note these numbers are kind of indicative and are not really a precise guidance for the current fiscal year. | And also, if you can share full year guidance or directional outlook on the margin front. | We expect the updates to take about 20 odd minutes. | — |
| Margin | From a profitability perspective, EBITDA increased 7.9% year-on-year to INR2,469 million, EBITDA margins stood at 17.9% of VAR. | Our EBITDA and PAT margins remained at strong levels throughout the period, demonstrating the quality of our earnings and the inherent resilience of o… | Our margins remained at healthy levels with EBITDA at 18.6%, underscoring the quality of earnings and the scalability of our operating model. | EBITDA grew by 13.5% year-over-year to INR9,255 million. |
| People | And if you could share the capacity utilization in both the ART and the CAPT segment? | So, you are held to a higher level of scrutiny, which requires you to add certain headcount and at last, of course, there is also auditors and externa… | — | Return on capital employed improved significantly to 94%, up from 57% in FY25 reflecting both higher profitability and efficient capital utilization. |
| Pricing | For example, if OEMs have to take a price hike of just, let's say, INR3,000, so the adaptation can be much faster. | — | — | So maybe what is the price increase an OEM will have to take or a structural change they may they might need to take while graduating from a passive O… |
| Revenue growth | This growth was driven by higher production volumes, new program launches, increasing content per vehicle, and continued market share gains across our… | For Q2FY26, value-added revenue stood at INR11,515 million, a growth of 8.9% year-on-year, and it has been supported by stronger customer demand acros… | In Q3, we delivered strong value added revenue growth of 15% year-over-year, alongside EBITDA growth of 25%, reflecting operating leverage and discipl… | I'm very happy to report that in this year, we doubled our value added revenue growth rate versus the prior three years, registered the highest ever E… |