Tenneco Clean Air India Limited
NSE: TENNINDAuto Components & Equipments
Share price
₹468.80
-2.41% close of 8 Oct 2026
Business score
How strong the business is, in one number. The parts behind it are in Pro.
63
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹18,940 Cr
P/E ratio
30.5
P/B ratio
15.8
ROCE
60.8%
ROE
44.4%
Dividend yield
0.0%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Fewer than three years of filings — too early to judge growth.
Whether it grew faster than its sector
It grew 2.3% a year against a sector median of 10.5% — 8.2 percentage points slower.
Room to re-rate, or risk of de-rating
Too little price history yet to compare it with its own past.
Whether growth justifies the valuation
Priced at 1.7 times its growth rate, on earnings growth of 18%.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Tenneco Clean Air India Limited — this one | 18%/yr | 30.5× | ₹1.7 |
| Samvardhana Motherson International Limited | 40%/yr | 35.3× | ₹0.88 |
| Bosch Limited | 14%/yr | 54.8× | ₹3.9 |
| Bharat Forge Limited | 33%/yr | 85.2× | ₹2.6 |
| UNO Minda Limited | 23%/yr | 51.0× | ₹2.2 |
| Schaeffler India Limited | 10%/yr | 46.2× | ₹4.6 |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Auto Components & Equipments), it ranks 1 of 101 on returns, 92 of 99 on growth, 25 of 101 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
A wide advantage: it earns 60.8% on capital, ahead of 99% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
Yes — Over the 4 years of cash statements on file it made ₹3017 crore of cash from the business, spent ₹306 crore on plant and equipment, and returned ₹2588 crore to lenders and shareholders.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
9 of 9 checks clear · 100%
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Revenue up 20% but profit slipped 2% as input costs squeezed margins
Announced 5 Aug 2026 · Consolidated · Unaudited
Revenue
₹1,545 Cr
Revenue vs last year
+20.1%
Revenue vs last quarter
-0.5%
Net profit
₹165 Cr
Profit vs last year
-1.6%
Profit vs last quarter
-1.1%
Net margin
10.7%
EPS
₹4.09
Earnings call transcript · 6 Aug 2026
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹18,940 Cr
- Prev close
- ₹468.80
- 52w High
- ₹657
- 52w Low
- ₹438
- Enterprise value
- ₹18,421 Cr
- Beta
- 1.0
- Price CAGR 1y
- —
- Price CAGR 3y
- —
- Price CAGR 5y
- —
- Price CAGR 10y
- —
Ratios
- Return on assets
- 23.8%
- PEG ratio
- 1.7
- P/E ratio
- 30.5
- P/B ratio
- 15.8
- EV / EBITDA
- 19.5
- Industry P/E
- 30.6
- ROCE
- 60.8%
- ROCE 5y average
- 56.7%
- ROE
- 44.4%
- Debt / Equity
- 0.0
- Interest coverage
- 25.0
- Dividend yield
- 0.0%
- ROE 3y average
- 42.0%
- ROE last year
- 44.0%
Annual P&L
- Annual revenue
- ₹5,404 Cr
- Annual profit
- ₹604 Cr
- Operating margin
- 17.0%
- Net profit margin
- 11.2%
- EBITDA margin
- 17.1%
- Sales growth 3y
- 3.8%
- Sales growth 5y
- —
- Profit growth 3y
- 18.0%
- Profit growth 5y
- —
- EPS
- ₹15.0
- Sales growth TTM
- 15.0%
- Profit growth TTM
- 9.0%
- Dividend payout
- 172.0%
Quarter P&L
- Sales latest quarter
- ₹1,545 Cr
- Profit latest quarter
- ₹165 Cr
- YoY quarterly sales growth
- 20.2%
- YoY quarterly profit growth
- -1.8%
- OPM latest quarter
- 16.0%
Balance Sheet
- Book Value
- ₹29.7
- Face Value
- ₹10.0
- Total debt
- ₹52 Cr
- Total cash
- ₹571 Cr
- Borrowings
- ₹52 Cr
- Reserves / Equity
- 2.0
Cash Flow
- Operating cash flow
- ₹1,429 Cr
- Free cash flow
- ₹1,345 Cr
- FCF yield
- 6.9%
- Net cash flow
- ₹285 Cr
Shareholding
- Promoter holding
- 74.8%
- FII holding
- 9.7%
- DII holding
- 11.4%
- Public holding
- 4.1%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| Samvardh. Mothe. | 154.05 | 35.5 | 1,62,591 | 0.38 | 1,075.7 | 81.5 | 35,243.8 | 16.6 | 13.4 |
| Bosch | 43,280.00 | 54.0 | 1,27,659 | 0.61 | 706.1 | 5.2 | 5,841.9 | 22.0 | 21.5 |
| Bharat Forge | 1,783.90 | 86.3 | 87,174 | 0.46 | -89.9 | -57.7 | 4,639.9 | 18.7 | 12.6 |
| Uno Minda | 1,091.70 | 51.6 | 63,042 | 0.24 | 315.5 | 1.8 | 5,556.9 | 23.8 | 19.6 |
| Schaeffler India | 3,733.50 | 45.2 | 58,356 | 0.93 | 336.7 | 13.7 | 2,681.4 | 17.5 | 27.9 |
| Sona BLW Precis. | 792.65 | 63.6 | 49,475 | 0.42 | 220.1 | 73.4 | 1,157.2 | 50.8 | 15.1 |
| Tube Investments | 2,260.00 | 69.8 | 43,747 | 0.15 | 294.0 | -15.3 | 6,215.3 | 17.1 | 17.1 |
| Tenneco Clean | 469.70 | 30.5 | 18,957 | 0.00 | 165.2 | -1.7 | 1,544.8 | 20.2 | 60.8 |
| Median | 448.38 | 29.2 | 1,562 | 0.32 | 12.3 | 22.3 | 265.5 | 21.0 | 16.4 |
Competes with: Bharat Forge Limited, Bosch Limited, Samvardhana Motherson International Limited, Schaeffler India Limited, Sona BLW Precision Forgings Limited, Tube Investments of India Limited, UNO Minda Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,169 | 1,125 | 1,326 | 1,286 | 1,281 | 1,285 | 1,552 | 1,545 |
| Expenses | 963 | 947 | 1,107 | 1,057 | 1,064 | 1,063 | 1,295 | 1,298 |
| Material Cost | 841 | 812 | 1,011 | 1,028 | ||||
| Change in Inventories | -7.39 | 8.27 | -17 | -33 | ||||
| Purchases of Stock-in-Trade | 12 | 9.41 | 15 | 20 | ||||
| Employee Cost | 75 | 75 | 103 | 96 | ||||
| Other Expenses | 143 | 158 | 183 | 186 | ||||
| Operating Profit | 205 | 178 | 219 | 229 | 217 | 223 | 257 | 247 |
| OPM % | 18 | 16 | 17 | 18 | 17 | 17 | 17 | 16 |
| Other Income | 1 | 19 | 6 | 31 | 12 | -22 | 11 | 9 |
| Exceptional items (within Other Income) | 0 | -27 | 0 | 0 | ||||
| Interest | 4 | 5 | 7 | 7 | 11 | 7 | 9 | 8 |
| Depreciation | 25 | 27 | 26 | 25 | 26 | 28 | 29 | 28 |
| Profit before tax | 177 | 165 | 192 | 227 | 192 | 165 | 231 | 219 |
| Tax % | 23 | 24 | 27 | 26 | 22 | 28 | 28 | 25 |
| Net Profit | 137 | 125 | 140 | 168 | 151 | 119 | 167 | 165 |
| EPS in Rs | 6.39 | 5.85 | 3.47 | 4.16 | 3.73 | 2.94 | 4.13 | 4.09 |
| Diluted EPS in Rs | 3.73 | 2.94 | 4.13 | 4.09 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|
| Sales | 4,827 | 5,468 | 4,890 | 5,404 | 5,663 |
| Expenses | 4,256 | 4,855 | 4,075 | 4,479 | 4,720 |
| Material Cost | 3,493 | ||||
| Change in Inventories | -30 | ||||
| Purchases of Stock-in-Trade | 47 | ||||
| Employee Cost | 337 | ||||
| Other Expenses | 632 | ||||
| Operating Profit | 571 | 613 | 815 | 925 | 943 |
| OPM % | 12 | 11 | 17 | 17 | 17 |
| Other Income | 59 | 69 | 41 | 32 | 10 |
| Exceptional items (within Other Income) | -27 | ||||
| Interest | 22 | 25 | 20 | 34 | 35 |
| Depreciation | 101 | 104 | 103 | 108 | 111 |
| Profit before tax | 508 | 553 | 733 | 816 | 808 |
| Tax % | 25 | 25 | 25 | 26 | |
| Net Profit | 381 | 417 | 553 | 604 | 602 |
| EPS in Rs | 18 | 19 | 14 | 15 | 15 |
| Diluted EPS in Rs | 15 | ||||
| Dividend Payout % | 41 | 46 | 82 | 172 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- —
- 5 years
- —
- 3 years
- 4%
- TTM
- 15%
Compounded profit growth
- 10 years
- —
- 5 years
- —
- 3 years
- 18%
- TTM
- 9%
Return on equity
- 10 years
- —
- 5 years
- —
- 3 years
- 42%
- Last year
- 44%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 313 | 214 | 404 | 404 |
| Reserves | 895 | 766 | 1,206 | 794 |
| Borrowings | 31 | 15 | 20 | 52 |
| Other Liabilities | 1,190 | 1,140 | 1,202 | 1,288 |
| Minority Interest | 3.13 | |||
| Total Liabilities | 2,429 | 2,135 | 2,831 | 2,537 |
| Fixed Assets | 631 | 608 | 582 | 582 |
| CWIP | 18 | 37 | 31 | 58 |
| Investments | 1 | 1 | 0 | 0 |
| Other Assets | 1,779 | 1,490 | 2,218 | 1,897 |
| Total Assets | 2,429 | 2,135 | 2,832 | 2,537 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Cash from Operating Activity | 538 | 488 | 562 | 1,429 |
| Cash from Investing Activity | -13 | -30 | -27 | -69 |
| Cash from Financing Activity | -394 | -686 | -433 | -1,075 |
| Net Cash Flow | 130 | -228 | 103 | 285 |
| Free Cash Flow | 475 | 391 | 500 | 1,345 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Debtor Days | 43 | 37 | 51 | 43 |
| Inventory Days | 42 | 31 | 31 | 35 |
| Days Payable | 100 | 86 | 100 | 111 |
| Cash Conversion Cycle | -16 | -18 | -18 | -33 |
| Working Capital Days | -9 | -7 | -8 | -4 |
| ROCE % | 52 | 57 | 61 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
1 when an audit qualification is filed as repetitive
0.00flag
2026-03-31
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
exports as % of revenue
7.00pct
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash
-519inr_cr
2026-03-31
guarantees / comfort given for promoter, promoter group, directors and KMP
0.00cr
2026-03-31
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
0.00cr
2026-03-31
security given for the borrowing of promoter, promoter group, directors and KMP
0.00cr
2026-03-31
FY revenue / permanent employees + workers, same basis (calc)
3,72,72,313inr
2026-03-31
News
News and filings about Tenneco Clean Air India Limited. Open one to see why it matters.
No recent news for this company.
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
Uses as raw material
- bimetal strips (engine bearings)
- ceramic monolith catalyst substrates
- platinum / palladium / rhodium catalyst-coated substrates (PGM)
Depends on the price of
- steel
Sells to
- Ashok Leyland · Clean air (emission control) systems, powertrain and suspension components
- Bajaj Auto · Clean air, powertrain and suspension components
- Cummins India Limited · Clean air / emission-control components
- Daimler India Commercial Vehicle Private Limited · Clean air systems for commercial vehicles
- Eicher Motors · Powertrain / suspension components
- Honda Motorcycle & Scooter India · Powertrain / suspension components
- Hyundai Motor India Limited · Clean air, powertrain and suspension components
- John Deere India Private Limited · Clean air systems for off-highway equipment
- Kirloskar Oil Engines Limited · Clean air / emission-control components for engines
- Mahindra & Mahindra · Clean air, powertrain and suspension components
- Maruti Suzuki India · Clean air, powertrain and suspension components
- Renault Nissan Automotive India · Clean air systems (registered office at Nissan Supplier Park, Oragadam)
- Skoda Auto Volkswagen India Private Limited · Clean air / suspension components
- Tata Motors Limited · Clean air, powertrain and suspension components
- Tata Motors Passenger Vehicles Limited · Clean air, powertrain and suspension components
- Toyota Kirloskar Motor · Clean air, powertrain and suspension components
- VE Commercial Vehicles Limited · Clean air systems for commercial vehicles
- Vinfast Trading and Production Joint Stock Company · Auto components for export markets
Buys from
- Sintercom India Limited · sintered exhaust and clean-air components (Tier-1)
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Automobile and Auto Components
- Industry
- Auto Components & Equipments
- Classification
- Automobile and Auto Components › Auto Components & Equipments
- ISIN
- INE19RI01016
Plants
- Bawal Facility · Bawal, Haryana
- Bhiwadi Ignition Facility · Bhiwadi, Rajasthan
- Chakan ART Facility · Chakan, Maharashtra
- Chakan I Facility · Chakan, Maharashtra
- Chakan II Facility · Chakan, Maharashtra
- Chakan Sealings Facility · Chakan, Maharashtra
- Chennai Facility · Chennai / Oragadam-Sriperumbudur, Tamil Nadu
- Hosur Facility · Hosur, Tamil Nadu
- Parwanoo Bearings Facility · Parwanoo, Himachal Pradesh
- Pithampur Facility · Pithampur, Madhya Pradesh
- Puducherry Facility · Puducherry, Puducherry
- Sanand Facility · Sanand, Gujarat
News impact
Big market events that reach Tenneco Clean Air India Limited, and how the effect spreads.
15 Sept, 21:06 IST · Market event · medium impact
Bharat Forge, Pratt & Whitney Canada team up for India’s HALE UAV programme
Bharat Forge teamed up with Pratt & Whitney Canada to build engines and parts for India's high-flying spy drones, which could bring it future defence orders; rivals gain nothing directly, and no money changes hands yet.
Who it hits first
- Bharat Forge gains a world-class propulsion partner for India's HALE UAV programme, de-risking its bid for future indigenous defence drone orders; no revenue accrues yet.
Who may gain
- Bharat Forge is the sole listed beneficiary; Pratt & Whitney Canada is unlisted so no listed-company upside exists on its side.
Along the supply chain
Downstream
No impact on Bharat Forge auto OEM customers; this is a separate defence business line. Programme offtake (IAF/DRDO) is years out.
Upstream
Eventual pull for specialty steel and forging inputs only if programme orders materialise — months to years away.
Where demand moves
Business
No demand shifts today — the tie-up creates no orders yet; if the HALE programme converts to RFPs, Bharat Forge is positioned for propulsion-structures work.
Capital
Mild sentiment buying in Bharat Forge on the defence premium; no sector rotation since auto-component peers are untouched.
How it spreads across sectors
Automobile and Auto Components
Neutral — the JV touches none of the sector's demand drivers.
Capital Goods
Neutral to mildly positive on aerospace manufacturing momentum.
Defence
Mildly positive sentiment — another indigenous UAV programme milestone.
When it plays out
Immediate
Sentiment pop of 1-3% in Bharat Forge over 1-7 days; peers flat.
Medium term
HALE programme RFPs and order wins over 1-6 months would re-rate the stock on real revenue.
Short term
Watch for detail announcements (work-share, investment, facility) over 1-4 weeks.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Splits, bonuses & buybacks
- daily-prices repair: 2 rows from NSE's archive (replace 0, delete 1, insert 1), 2026-01-15..2026-02-01 (docs/flat_day_repair.md)1× · 15 Jan 2026
Bulk & block deals
| Date | Who | Bought / sold | Shares | Price |
|---|---|---|---|---|
| 12 Aug 2026 | TENNECO MAURITIUS HOLDINGS LIMITED | SELL | 3,02,70,323 | ₹525.50 |
| 12 Aug 2026 | IRAGE BROKING SERVICES LLP | SELL | 42,82,659 | ₹526.36 |
| 12 Aug 2026 | SBI MUTUAL FUND | BUY | 31,66,601 | ₹525.00 |
| 12 Aug 2026 | F3 ADVISORS PRIVATE LIMITED | SELL | 22,34,650 | ₹536.08 |
| 12 Aug 2026 | F3 ADVISORS PRIVATE LIMITED | BUY | 21,45,781 | ₹527.24 |
| 12 Aug 2026 | MANSI SHARE AND STOCK BROKING PRIVATE LIMITED | BUY | 21,07,432 | ₹526.86 |
| 12 Aug 2026 | MANSI SHARE AND STOCK BROKING PRIVATE LIMITED | SELL | 21,07,432 | ₹534.49 |
| 12 Aug 2026 | HDFC MUTUAL FUND | BUY | 20,19,316 | ₹525.00 |
| 12 Aug 2026 | IRAGE BROKING SERVICES LLP | BUY | 7,09,641 | ₹530.65 |
Insider trades
| Disclosed | Who | Type | Shares | Value ₹ Cr |
|---|---|---|---|---|
| 14 Aug 2026 | Tenneco Mauritius Holdings Limited · Promoter | SELL | 5,05,72,736 | 2,656.74 |
| 14 Aug 2026 | Tenneco (Mauritius) Limited · Promoter | SELL | 99,67,910 | 523.32 |
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Earnings call6 Aug 2026
- Annual report · 2025-266 Aug 2026
- Results presentation30 Jun 2026
- Earnings call · Q4FY263 Jun 2026
- Earnings call16 Feb 2026
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.