Tenneco Clean Air India Ltd
Incorporated in 2018, Tenneco Clean Air India Limited is a subsidiary of Tenneco Inc., a global leader in designing and manufacturing clean air and powertrain products for automotive applications.[1]
- Market Cap ₹ 23,794 Cr.
- Current Price ₹ 590
- High / Low ₹ 657 / 438
- Stock P/E 38.2
- Book Value ₹ 29.7
- Dividend Yield 0.00 %
- ROCE 60.8 %
- ROE 44.4 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 42.0%
Cons
- Stock is trading at 19.9 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 4,827 | 5,468 | 4,890 | 5,404 | |
| 4,256 | 4,855 | 4,075 | 4,479 | |
| Operating Profit | 571 | 613 | 815 | 925 |
| OPM % | 12% | 11% | 17% | 17% |
| 59 | 69 | 41 | 32 | |
| Interest | 22 | 25 | 20 | 34 |
| Depreciation | 101 | 104 | 103 | 108 |
| Profit before tax | 508 | 553 | 733 | 816 |
| Tax % | 25% | 25% | 25% | 26% |
| 381 | 417 | 553 | 604 | |
| EPS in Rs | 17.80 | 19.46 | 13.68 | 14.95 |
| Dividend Payout % | 41% | 46% | 82% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 4% |
| TTM: | 11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 18% |
| TTM: | 13% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 42% |
| Last Year: | 44% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 313 | 214 | 404 | 404 |
| Reserves | 895 | 766 | 1,206 | 794 |
| 31 | 15 | 20 | 51 | |
| 1,190 | 1,140 | 1,202 | 1,288 | |
| Total Liabilities | 2,429 | 2,135 | 2,831 | 2,537 |
| 631 | 608 | 582 | 582 | |
| CWIP | 18 | 37 | 31 | 58 |
| Investments | 1 | 1 | 0 | 0 |
| 1,779 | 1,490 | 2,218 | 1,897 | |
| Total Assets | 2,429 | 2,135 | 2,831 | 2,537 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 538 | 488 | 562 | 1,429 | |
| -13 | -30 | -27 | -69 | |
| -394 | -686 | -433 | -1,075 | |
| Net Cash Flow | 130 | -228 | 103 | 285 |
| Free Cash Flow | 475 | 391 | 500 | 1,345 |
| CFO/OP | 118% | 98% | 93% | 190% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 43 | 37 | 51 | 43 |
| Inventory Days | 42 | 31 | 31 | 35 |
| Days Payable | 100 | 86 | 101 | 108 |
| Cash Conversion Cycle | -16 | -18 | -18 | -30 |
| Working Capital Days | -9 | -7 | -8 | -4 |
| ROCE % | 52% | 57% | 61% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Business Segment Mix - Clean Air & Powertrain Solutions (% of VAR) % |
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| Capacity Utilization - Clean Air Cold Ends (Mufflers, Exhaust Pipes) % |
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| Capacity Utilization - Clean Air Hot Ends (Catalytic Converters) % |
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| Capacity Utilization - Struts & Shock Absorbers % |
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| Domestic vs Export Mix - Domestic (% of VAR) % |
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| Domestic vs Export Mix - Exports (% of VAR) % |
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| End Market Mix - Aftermarket (% of VAR) % |
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| End Market Mix - Commercial Vehicles (% of VAR) % |
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| End Market Mix - Industrial/Others (% of VAR) % |
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| End Market Mix - Passenger Vehicles (% of VAR) % |
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| Capacity Utilization - Bearings (Parwanoo) % |
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| Capacity Utilization - Spark Plugs (Bhiwadi) % |
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| Lifetime Order Book INR million |
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| Market Share by Segment and Vehicle Type (FY2025) % |
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Extracted by Screener AI
Documents
Announcements
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Closure of Trading Window
26 Jun - Trading window closes July 1, 2026 until 48 hours after Q1 FY2026 results.
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 9 Jun
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
3 Jun - Audio recording of June 3, 2026 Q4 and FY2026 earnings call uploaded on website.
- Announcement under Regulation 30 (LODR)-Investor Presentation 2 Jun
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 1 Jun
Concalls
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Jun 2026Transcript PPT REC
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Feb 2026Transcript PPT
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Dec 2025Transcript PPT REC
Business Ownership[1]
The company is part of the U.S.-based Tenneco Group, a global Tier-1 supplier to major automotive OEMs and the aftermarket.