Tenneco Clean Air India Reports Robust FY26 Results, Announces INR 1,400 Million Expansion
Gurugram, May 30, 2026 – Tenneco Clean Air India Limited (BSE/NSE: TENNIND), a leading Tier-1 automotive component manufacturer, announced its financial results for the fourth quarter (Q4) and the full fiscal year (FY) 2026. The company reported strong operational performance, driven by significant growth in Value Added Revenue (VAR) and achieving an EBITDA margin of 18.8% for the year.The company also highlighted a robust order book and announced plans for major capacity expansion across India.
Financial Performance Highlights
Tenneco Clean Air India reported impressive revenue growth, showing a 17.5% year-on-year (YoY) increase in Value Added Revenue for Q4 FY2026 and 12.3% growth for the full year FY2026. The operating performance was supported by sustained efficiency and strategic initiatives.The financial data for Q4 and FY2026 are summarized below:
| Metric (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% |
| 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 |
| Metric | FY2026 | FY2025 |
|---|---|---|
| ROCE | 94% | 57% |
Business Momentum and Strategic Wins
The company’s resilience and diversified business model were noted during the review period. Tenneco India recorded growth in its key segments: Advanced Ride Technologies showed a 26.0% YoY increase in Q4, while Clean Air & Powertrain Solutions grew 9.9% in the same period.The company leveraged its operational framework and timely commercial actions to enhance efficiency. Profit after tax (PAT) grew 18.8% YoY to INR 1,668 million (11.9% PAT Margin) for Q4 and 9.3% YoY to INR 6,044 million (12.3% PAT Margin) for FY2026.
Over the course of FY2026, Tenneco Clean Air India achieved several strategic technology and program milestones:
- Advanced Suspension Systems: The DCx DaVinci advanced suspension system was selected by a leading Indian Original Equipment Manufacturer (OEM) for a new generation flagship SUV platform.
- Clean Air Technology: A leading Japanese passenger vehicle OEM selected the company’s Clean Air System in India, marking entry into an untapped segment.
- European Vehicle Solutions: Strategic program wins were secured with a leading European commercial vehicle OEM for a Clean Air aftertreatment solution and with a leading European Truck OEM for a Euro VII compliant Clean Air solution Proof of Concept.
- New Verticals: The company also established a strategic entry into Bearings systems with a leading Japanese passenger vehicle OEM, and secured a new engine platform program in Clean Air at a major Indian Commercial Vehicle (CV) OEM.
Expansion and Order Book Visibility
Order book momentum remained strong, providing significant revenue visibility. The total order book (excluding new programs in production) stood at INR 124,000 million as of March 31, 2026, covering more than 100% of the FY28 target revenue.The company plans to significantly scale its manufacturing footprint. Tenneco Clean Air India announced plans to establish a new greenfield plant for Clean Air Systems in North India and another for Advanced Ride Technologies in West India. The cumulative capital expenditure (capex) outlay for these new facilities is INR 1,400 Million.
Arvind Chandra, Whole-Time Director and CEO, Tenneco India, stated that the strong order book and strategic capacity additions position the company well to capture incremental growth opportunities and support long term value creation.
TENNIND Stock Price Movement
Tenneco Clean Air India Limited shares slipped by 4.59% on Friday, closing out the session at ₹588.30. The stock saw a total traded volume of 2.98 million shares, contributing to the down day for the auto components manufacturer.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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