BSECompany Update5 Aug 2026 · 5 Aug 2026, 10:39 pm
Please find enclosed Press Release.
Tenneco Clean Air India Ltd · 544612
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Tenneco Clean Air India Ltd announces Q1 FY2027 results with 18.4% YoY growth in Value Added Revenue, outperforming industry volume growth. EBITDA margin remains resilient at 17.9% despite market headwinds. PAT margin stands at 12.0%.
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Tenneco Clean Air India Ltd - 544612 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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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: August 5, 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: Press Release
Dear Sir/Madam,
Please find enclosed a copy of the Press Release with respect to Unaudited Financial Results (Standalone
and Consolidated) for the quarter ended on June 30, 2026.
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
PRESS RELEASE Q1 FY2027
Tenneco Clean Air India Limited Announces Q1FY2027 Results
Opens FY2027 with value-added revenue* up 18.4%, outperforms industry volume growth
Sustains EBITDA margin of 17.9% despite market headwinds
DCx Da Vinci suspension continues its market disruption; Company earns strong industry recognition
Gurugram, India, 5 August 2026: Tenneco Clean Air India Limited ("Tenneco India")
(BSE/NSE: TENNIND), a leading Tier-1 automotive component manufacturer supplying Clean
Air, Powertrain and Advanced Ride Technologies (ART) solutions to major OEMs, today
announced its financial results for the first quarter ended June 30, 2026 (Q1 FY2027).
Financial Highlights (INR Millions):
Q1 Q1 YoY
FY2027 FY2026 Change
Revenue from
15,448 12,856 20.2%
Operations
Value-added
13,816 11,665 18.4%
Revenue (VAR)*
Clean Air &
6,626 6,044 9.6%
Powertrain Solutions
Advanced Ride
7,190 5,621 27.9%
Technologies
EBITDA/ 2,469 2,289 7.9%/
Margin (VAR) 17.9% 19.6% (175) bps
1,652 1,681 -1.7%/
PAT/ Margin (VAR)
12.0% 14.4% (245) bps
*VAR (Value Added Revenue) is used as the primary performance metric as it excludes pass-through substrate
costs from revenue from operations and better reflects the underlying operating performance, margins, and
comparability across periods
• EBITDA/Margin: Q1 FY 2027 was affected by significant commodity increases due to
the current geopolitical situation and the cost of moving from a private to a listed
public company.
• PAT/Margin (VAR): PAT was broadly stable year-on-year. The prior-year quarter
included a one-time interest income benefit of approximately ₹187 million (net of tax)
related to the sale of the Motocare entity. Excluding this non-recurring item, PAT
growth in Q1 FY2027 would have been broadly in line with EBITDA growth.
Page | 1
PRESS RELEASE Q1 FY2027
Business Highlights:
Tenneco Clean Air India commenced FY2027 on a strong footing, with Value Added Revenue
(VAR) growing 18.4% year-on-year to INR 13,816 million in Q1 FY2027, outperforming
industry volume growth of 16.2%1 (Tenneco’s served addressable market2).
The quarterly performance was underpinned by sustained execution of new program wins,
higher content per vehicle, stable exports, and an increasing customer base across both
Advanced Ride Technologies (ART) and Clean Air & Powertrain (CA&PT) businesses.
EBITDA margin remained resilient at 17.9%, underscoring the strength of our operating model
supported by productivity improvements, commercial discipline and operational excellence.
This was achieved despite strong market headwinds due to commodities escalation and the
cost of moving from a private to a listed public company.
Profit after tax stood at INR 1,652 million, translating into a PAT margin of 12.0%.
Key Highlights for Q1 FY2027
During the quarter, Tenneco Clean Air India continued to strengthen its market position
through strategic customer acquisitions, technology advancements, and operational
initiatives:
• Advanced Ride Technologies:
o Expanded the DCx Da Vinci suspension footprint through multiple new
application wins across existing customers, further reinforcing our leadership
position in the ART segment. Additionally, four new customers were added in
2026, and three models for DCx applications, further strengthening and
diversifying our customer base.
o Driven by the continued success of DCx, our passenger vehicle shock absorber
and strut value market share expanded by 300 bps YoY to 55% in FY2026, further
strengthening our leadership in this product category.
o Introduced DCx32, latest variant in the DCx family, targeting smaller vehicles
(A/B segment), thereby further increasing the addressable market.
o Successfully completed fitment and benchmarked performance of MARD
(Mechanical Adaptive Roll Damping) dampers with a leading domestic OEM,
further expanding product portfolio through comfort and safety features. This
was achieved completely in India.
1. Source: Society of India Automotive Manufacturers and TMA for tractors;
2. Addressable market includes passenger vehicles and commercial trucks.
Page | 2
PRESS RELEASE Q1 FY2027
• Clean Air & Powertrain (CA & PT):
o Secured multiple new program nominations from leading passenger and
commercial vehicle OEMs, covering ignition, hot-end, cold-end, and pipe
assembly applications, reinforcing growth across key product segments. Some
of the noteworthy wins were as follows -
▪ Secured a strategic Spark Plug order from India's leading passenger
vehicle OEM, leveraging existing customer relationships and technical
expertise to enter a new whitespace opportunity
▪ A new passenger vehicle exhaust program (hot end) from a leading Indian
passenger car OEM.
▪ A new CNG platform cold-end assembly program from a global OEM for
two models in India.
▪ An upcoming 2.0L engine emission after treatment system program from
a leading domestic commercial vehicle OEM for their SCV range.
o Reinforced spark plugs compatibility with flex-fuel applications up to E85,
thereby being ready for alternative fuels and strengthening our diversified
powertrain portfolio.
• Awards and Recognition:
o Won the Innovation and Performance Award from Mahindra and the Ride
Performance Award 2026 from The Economic Times.
o Won “Technology & Innovation Award” from DICV (Daimler India Commercial
Vehicles), highlighting Tenneco Clean Air India’s innovation and technology
leadership.
Management Remarks:
Arvind Chandra, Whole-Time Director and CEO, Tenneco India, said:
“Our strong start to FY2027 reflects the resilience of our diversified business model,
disciplined execution, and continued focus on delivering technology-led solutions to our
customers. During the quarter, we delivered strong double-digit Value-Added Revenue
growth, outpacing growth in our served markets, further strengthening our competitive
position. We continued to gain market share across key segments, with FY2026 value market
share3 increasing to 58% (+1% YoY) in commercial vehicle Clean Air Solutions, 55% (+3%
YoY) in passenger vehicle shock absorbers and struts and sustained 68% in off-highway Clean
Air Solutions.
In CA & PT, we strengthened customer partnerships through strategic program nominations
across passenger vehicle and commercial vehicle platforms spanning hot-end aftertreatment,
cold-end solutions and Powertrain applications.
3. Source: Crisil
Page | 3
PRESS RELEASE Q1 FY2027
During the quarter, we secured an order for spark plugs with one of the largest passenger
vehicle OEM in India, leveraging our technical expertise and strong existing relationships
across other product segments to enter a new whitespace opportunity.
In ART, we continued to win new programs with existing customers while adding new
customers for DCx Da Vinci, further reinforcing our leadership position in this product
segment. These wins, together with progress in localizing advanced global technologies and
enhancing capabilities for alternative fuel and next-ge
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