Analysts/Institutional Investor Meet/Con. Call Updates

TENNECO CLEAN AIR INDIA LIMITED (formerly known as Tenneco Clean Air India Private Limited) CIN: L29308TN2018FLC126510 Telephone: +2135 612501/506 Email: Tennecoindiainfo@tenneco.com Website: www.tennecoindia.com Date: November 10, 2026 To To National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Dalal Street, Bandra (E), Mumbai – 400051 Mumbai – 400001 Scrip Symbol: TENNIND Scrip Code: 544612 Subject: Transcript of the Earnings Conference Call for Analysts and Investors held on Thursday, November 5, 2026, Dear Sir/Madam, Pursuant to the provisions of Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in continuation to our intimation letter dated October 29, 2026, we hereby submit the transcript of the Earnings Conference Call for Analysts and Investors held on Thursday, November 5, 2026, at 3:00 PM (IST) post declaration of results for Q2 FY 2026- Further, the transcript is also being made available on the Company’s website at: https://tennecoindia.com/investor-relations/. You are requested to kindly take the same on record. Sincerely, For Tenneco Clean Air India Limited Roopali Singh Company Secretary and Compliance Officer Membership No: A15006 Place: Gurugram Encl: as above Registered Office: RNS2, Nissan Supplier Park, SIPCOT Industrial Park Oragadam Industrial Corridor, Sriperumbudur, Taluk, Kancheepuram, Tamil Nadu, India, 602105 Tenneco Clean Air India Limited Q2 & H1 FY27 Earnings Conference Call” November 05, 2026 MANAGEMENT: MR. ARVIND CHANDRA – WHOLE-TIME DIRECTOR AND CHIEF EXECUTIVE OFFICER – TENNECO CLEAN AIR INDIA LIMITED MR. MAHENDER CHHABRA – CHIEF FINANCIAL OFFICER – TENNECO CLEAN AIR INDIA LIMITED MS. ROOPALI SINGH – GENERAL COUNSEL AND COMPANY SECRETARY – TENNECO CLEAN AIR INDIA LIMITED Page 1 of 20 Tenneco Clean Air India Limited November 05, 2026 Moderator: Ladies and gentlemen, good day and welcome to the Q2 and H1 FY27 Earnings Conference Call of Tenneco Clean Air India Limited. As a reminder, all participant lines will be in the listen- only mode, and there will be an opportunity for you to ask questions after the business update concludes. Should you need assistance during the call, please signal an operator by pressing star followed by zero on your touch-tone phone. Please note that this conference is being recorded. I now hand the conference over to Ms. Roopali Singh, General Counsel and Company Secretary of Tenneco Clean Air India Limited. Thank you, and over to you, Ms. Roopali. Roopali Singh Thank you, Iqra. Good evening, ladies and gentlemen, and a warm welcome. Today from management side, we have with us Mr. Arvind Chandra, Whole-Time Director and CEO, Mr. Mahender Chhabra, the Chief Financial Officer. A detailed presentation on the financial performance is available on the company's website and on the website of the stock exchanges as well. We will begin with Mr. Chandra providing a business update, followed by Mr. Chhabra covering the financial results. We expect the updates to take around 15 minutes, after which we would open the floor for the Q&A session of about 45 minutes. Before we proceed further, I would like to draw your attention to the cautionary statement, which is already included in the presentation. With that, I hand over the call to Arvind. Arvind Chandra: Thank you, Roopali. Good afternoon, everyone. Thank you for joining us for Tenneco Clean Air India's Q2 and H1 FY 2027 earnings call. Before I begin, with Diwali around the corner, I would like to take this opportunity to wish all of you and your families a very happy and prosperous Diwali. May the festive season bring happiness, good health, and prosperity to everyone. I am pleased to report another strong quarter, Q2 and H1 FY 2027 for the company, building on the encouraging start we made to the year. The first half of FY 2027 has been marked by healthy growth across our businesses, continued market share gains, and several important customer and technology wins. This performance reflects the strength of our portfolio, our strong customer relationships, and consistent execution across both Advanced Ride Technologies and Clean Air and Powertrain. During the second quarter, our value-added revenue grew 32.2% year-on-year, supported by volume growth of 25.4%. For the first half, value-added revenue grew 25.3% compared to volume growth of 20.7%. This growth has been supported by our continued demand across our served markets, new program launches, and increasing content per vehicle. Beyond the financial performance, I am particularly pleased with the progress we continue to make in strengthening our competitive position. According to the Crisil Research Report, our market share in clean air solutions for the commercial truck segment increased further to 59% in H1 FY 2027 compared to 58% in FY 2026 and 57% in FY 2025. In passenger vehicle shock absorbers and struts, also known as the ART business, we continue to maintain a strong Page 2 of 20 Tenneco Clean Air India Limited November 05, 2026 leadership position with market share of approximately 55%. You would recall that just a year and a half ago, that share was only 48%. Let me now talk about some of the developments across our businesses during the quarter. In Advanced Ride Technologies, we continue to see strong momentum across both existing and new customers. We secured content on three new vehicle platforms with a leading Indo-Chinese joint venture. We also made an important entry into the fast-growing three-wheeler segment, where we won suspension business with a leading Indo-Korean joint venture. This opens up another addressable market for our suspension portfolio and further broadens our customer base. We continue to build on the momentum behind our unique DaVinci technology as well. During the quarter, we started production for three-Door Thar suspension program. We also secured two next-generation models with an existing leading Japanese passenger vehicle OEM and are further expanding our engagement with a Vietnamese OEM with the introduction of three new platforms. Another important highlight is the commercialization of advanced suspension technology in India. We supplied India's first locally produced semi-active CVSAe, marking a very important step in our localization journey and demonstrating the strength of our local engineering and technology capabilities. Turning to our clean air and powertrain business, we made progress across commercial vehicle, alternative fuel, and ignition applications. During the quarter, we introduced a new hot end commercial vehicle exhaust program with a leading Indian commercial vehicle OEM for bus applications. We also made a strategic entry into the CNG market through a cold end assembly program for a European passenger vehicle application. In powertrain, we further expanded our share of the business with an existing customer through a new spark plug award from a European passenger vehicle manufacturer. Taken together, these wins demonstrate that our growth opportunity is not dependent on any single product, customer, or end market. We are expanding across platforms, applications, and geographies while continuing to build on our existing customer relationships. Let me now spend some time on our order book, which provides us with very good visibility into our future growth. At the end of the first half, our lifetime order book stood at approximately INR165,000 million. This represents more than 100% coverage of our FY 2030 revenue target, giving us good visibility towards our longer- term growth ambitions. Exports accounted for INR8,750 million of the total order book. Exports continue to form an important part of this opportunity. Our export order book now provides 50% coverage of our target FY 2030 export revenue. The strength of this order pipeline is also driving our investment priorities. We [Showing first 8,000 characters — download PDF for full document]