Manufactures automotive components in two divisions: Clean Air and Powertrain Solutions Division (₹29,155.05 million in FY26) and Advanced Ride Technologies Division (₹24,884.71 million in FY26). The Clean Air and Powertrain side makes emissions control and aftertreatment systems for internal combustion engines, including modular BS6 aftertreatment products for commercial vehicles, with a recent strategic win with a global CV OEM carrying ₹1,150M annual revenue potential. The Advanced Ride Technologies side makes suspension products, including the DaVinci DCx advanced suspension system adopted by a leading Indian OEM for a next-gen flagship SUV, with ₹2,200M annual revenue potential, and Front Strut and Rear Shock Absorbers with existing capacity of 19.69 million units per annum. Cost structure is dominated by materials at 64.6% of revenue, with employees at 6.2%, other opex at 11.7%, depreciation at 2.0%, and capex at 2.1%. Two greenfield plants are approved: a Kharkhoda Haryana facility costing ₹710M with Q3 FY27 SOP, and a Western India facility costing ₹690M adding 2.1 million units per annum of strut and shock absorber capacity in FY26-27 and FY27-28. The order book stands at ₹124,000 million, covering 100% of FY28 revenue target with exports at 20%+ of the book. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Clean Air and Powertrain Solutions Division, Advanced Ride Technologies Division. Auto components manufacturer serving ICE and hybrid powertrain platforms, asset-light growth via two greenfield plants.
| ₹ crore · consolidated | FY26 |
|---|---|
| Revenue | 5,404 |
| EBITDA (ex other income) | 898 |
| margin % | 16.6 |
| Owners' profit | 604 |
| EPS, as reported (₹) | 14.95 |
| ROE % · ROCE % | 50.3 · 64.3 |
| Debt / equity (x) | 0.00 |
| Cash from operations | 1,429 |
| Capex | (115) |
| ₹ crore | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|
| Revenue | 1,281 | 1,285 | 1,552 | 1,545 |
| Profit before tax | 192 | 165 | 231 | 219 |
| Net profit | 151 | 119 | 167 | 165 |
| EPS (₹) | 3.73 | 2.94 | 4.13 | 4.09 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| SAMVRDHNA MTHRSN INTL LTD | 1,73,567 | 39.6 | 3.98 | 15.4 | 9.4 | 8.2 | 17.1 | 9.0 |
| BOSCH LIMITED | 1,42,736 | 60.4 | 9.61 | 35.1 | 18.7 | 24.1 | 15.6 | 17.9 |
| BHARAT FORGE LTD | 92,992 | 131.7 | 9.73 | 33.3 | 11.4 | 13.2 | 21.6 | 8.8 |
| UNO MINDA LIMITED | 69,386 | 57.6 | 9.56 | 31.7 | 17.7 | 15.7 | 25.3 | 10.4 |
| SCHAEFFLER INDIA LIMITED | 61,739 | 49.3 | 10.04 | — | 10.4 | 14.1 | — | 19.4 |
| TUBE INVEST OF INDIA LTD | 50,454 | 83.1 | 3.55 | 19.5 | 7.9 | 12.4 | 30.3 | 10.6 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 7 Sept 2026 · Tenneco Clean Air India schedules investor meetings on Sep 10 and 11 | board shareholder meetings | low | — | — |
| 31 Aug 2026 · AGM 2026: All 7 resolutions passed, results filed | board shareholder meetings | low | — | — |
| 28 Aug 2026 · 8th AGM held on Aug 28, 2026; 7 resolutions tabled | board shareholder meetings | low | — | — |
| 27 Aug 2026 · Schedule of Analyst/Investor Meet - Elara India Dialogue 2026 | board shareholder meetings | low | — | — |
| 21 Aug 2026 · Tenneco grants 200,453 employee stock options | business updates | medium | — | — |
| 17 Aug 2026 · SBI Mutual Fund acquires 5.22 percent stake in Tenneco Clean Air India | ownership changes | medium | — | — |
| 14 Aug 2026 · SBI Mutual Fund acquires 5.22 percent stake in Tenneco Clean Air India | ownership changes | high | — | — |
| 14 Aug 2026 · Promoters Tenneco Mauritius sell 15 percent stake in Tenneco Clean Air India | ownership changes | high | — | — |
| 12 Aug 2026 · Q1 FY27 earnings call transcript: revenue up 20%, EBITDA margin 17.9% | investor communications | medium | — | — |
| 7 Aug 2026 · 8th AGM notice and FY26 annual report shared with shareholders | general | low | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| SONA BLW PRECISION FRGS L |
| 49,016 |
| 70.4 |
| 7.99 |
| 42.6 |
| 10.3 |
| 12.9 |
| — |
| 25.1 |
| ENDURANCE TECHNO. LTD. | 37,964 | 39.1 | 5.55 | 18.6 | 13.9 | 15.6 | 17.4 | 13.2 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 34.0 | 26.7 | 76 of 123 | 38% |
| P/B | 17.0 | 3.5 | 112 of 116 | 4% |
| ROCE | 61.8 | 12.6 | 1 of 125 | 100% |
| ROE | 50.3 | 11.6 | 2 of 119 | 99% |
| Debt / Equity | 0.0 | 0.3 | 3 of 119 | 83% |
| EBITDA margin | 16.5 | 12.2 | 32 of 118 | 74% |
| Market cap | 20420 | 1542 | 17 of 125 | 87% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
