TENNINDNSETenneco Clean Air India LimitedMediumNeutral
Announced Fri, 13 Feb · 23:24 IST

Tenneco Clean Air India Limited has informed the Exchange about Investor Presentation

Mgmt Guided Margin ImprovementOrder Pipeline DisclosedInvestor Communications View source PDF

TENNIND · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Tenneco Clean Air India reported Q3 FY2026 Value Added Revenue of INR 11,941 Mn, up 15% year-on-year, with EBITDA rising 25% YoY to INR 2,225 Mn at an 18.6% margin (up ~151 bps YoY). Profit after tax was INR 1,188 Mn, down 5% YoY due to a one-time INR 203 Mn provision related to the new labour code. For 9M FY2026, VAR grew 10% to INR 35,122 Mn with a 19.0% EBITDA margin and ROCE exceeding 80%. The company announced a new greenfield plant in Kharkhoda, Haryana (~INR 710 Mn capex, production from Q3 FY2027), a DaVinci DCx suspension technology win with a leading PV OEM worth ~INR 2,200 Mn annually, and a new Clean Air program win with an EU commercial truck OEM worth ~INR 1,150 Mn annually. Management stated the order book already covers 100% of FY2028 revenue, supporting double-digit CAGR over the next three years.

Likely market impact

Strong revenue growth and margin expansion signal healthy operating momentum, though the one-time labour code hit briefly dented Q3 PAT. Visible order book coverage and fresh program wins, along with capacity expansion, point to sustained growth visibility for shareholders.