Auto Components · Auto Parts: OEM · NSE: TENNIND · data 2026-10-31
Tenneco Clean Air India Limited
In plain words
Price: 34.3% below its 52-week high of ₹657.
Delivery: 58.6% of traded shares were kept for delivery over the last 10 sessions, against 56.3% over the last 60.
A description of the data, not a recommendation.
Key figures
Growth
| Revenue (last 12 months) | ₹5,663 cr |
| Net profit (last 12 months) | ₹601 cr |
| Sales growth, 3 years (yearly) | 3.8% |
| Profit growth, 3 years (yearly) | 16.6% |
At a glance
Promoters 59.8%, pledged 0.0%, institutions 34.6%.
P/E 29.0, dividend yield 0.0%. Price relative to earnings and book value (low is cheaper, not better).
ROE 43.0%, ROCE 54.6%, operating margin 14.7%: how much profit it earns on the money it uses.
Debt/equity 0.07, Profit growth 16.6% and sales growth 3.8% a year over 3 years.
Ratings use fixed thresholds on the latest reported figures. They describe the numbers and are not a recommendation.
Strengths and limitations
- Virtually debt-free (debt/equity 0.1 or less).
- High return on equity (43.0%).
- Profit grew 16.6% a year over 3 years.
- Slow sales growth (3.8% a year over 3 years).
Picked automatically from the latest reported figures with fixed rules; check the company's filings before relying on them.
Earnings call in brief (12 Aug 2026)
- Management reported Q1 FY27 revenue from operations grew 20.2% year-on-year to INR15,448 million, while value added revenue increased 18.4% to INR13,816 million.
- EBITDA rose 7.9% year-on-year to INR2,469 million, resulting in an EBITDA margin of 17.9% on value added revenue, with profit after tax at INR1,652 million.
- Management stated that commercial vehicle Clean Air market share increased from 57% to 58%, while passenger vehicle shock absorbers share expanded from 52% to 55% in FY2026.
- Management highlighted new wins including a spark plug order from a major passenger vehicle OEM and the introduction of the DCx32 platform for smaller A and B segment vehicles.
- Management noted that margins were impacted by commodity inflation, rupee depreciation, and costs of operating as a newly listed public company, despite productivity gains of 60 bps.
- Management mentioned securing a maiden export order from a leading European all-terrain vehicle manufacturer and a heat shield order from Tenneco America.
- Management identified commodity volatility and geopolitical uncertainty as key risks, stating they remain confident in navigating these through their P3 operating model.
- प्रबंधन ने बताया कि Q1 FY27 में संचालन से राजस्व 20.2% बढ़कर INR15,448 मिलियन हुआ, जबकि मूल्य-वर्धित राजस्व 18.4% बढ़कर INR13,816 मिलियन हुआ।
- EBITDA 7.9% बढ़कर INR2,469 मिलियन हुआ, जिससे EBITDA मार्जिन 17.9% रहा, और कर के बाद लाभ INR1,652 मिलियन रहा।
- प्रबंधन ने कहा कि वाणिज्यिक वाहन क्लीन एयर बाज़ार हिस्सेदारी 57% से 58% हुई, जबकि यात्री वाहन शॉक अवशोषकों की हिस्सेदारी 52% से 55% हुई।
- प्रबंधन ने स्पार्क प्लग ऑर्डर और छोटे A और B सेगमेंट वाहनों के लिए DCx32 प्लेटफॉर्म के परिचय सहित नए जीतों पर प्रकाश डाला।
- प्रबंधन ने उल्लेख किया कि वस्तुओं की महंगाई, रुपया की मूल्यह्रास और सूचीबद्ध कंपनी के रूप में संचालन लागतों ने मार्जिन को प्रभावित किया।
- प्रबंधन ने एक यूरोपीय ऑल-टेर्रेन वाहन निर्माता से पहली निर्यात ऑर्डर और टेनिको अमेरिका से हीट शील्ड ऑर्डर प्राप्त करने का जिक्र किया।
- प्रबंधन ने वस्तुओं की अस्थिरता और भू-राजनीतिक अनिश्चितता को जोखिम बताया, और P3 संचालन मॉडल के माध्यम से इनसे निपटने में विश्वास व्यक्त किया।
- વ્યવસ્થાપકોએ જણાવ્યું કે Q1 FY27 માં સંચાલનથી આવક 20.2% વધીને INR15,448 મિલિયન થઈ, જ્યારે મૂલ્ય-વધારાત્મક આવક 18.4% વધીને INR13,816 મિલિયન થઈ.
- EBITDA 7.9% વધીને INR2,469 મિલિયન થયું, જેથી EBITDA માર્જિન 17.9% રહ્યો, અને કર બાદ નફો INR1,652 મિલિયન રહ્યો.
- વ્યવસ્થાપકોએ જણાવ્યું કે વ્યાપારી વાહનોની ક્લીન એર બજાર હિસ્સેદારી 57% થી 58% થઈ, જ્યારે પ્રવાસી વાહનોની શોક એબ્સોર્બર હિસ્સેદારી 52% થી 55% થઈ.
- વ્યવસ્થાપકોએ સ્પાર્ક પ્લગ ઓર્ડર અને નાના A અને B સેગમેન્ટ વાહનો માટે DCx32 પ્લેટફોર્મના પરિચય સહિત નવા જીતો પર પ્રકાશ પાડ્યો.
- વ્યવસ્થાપકોએ ઉલ્લેખ કર્યો કે વસ્તુઓની મોંઘવારી, રૂપિયાની મૂલ્યહ્રાસ અને સૂચિબદ્ધ કંપની તરીકે સંચાલન ખર્ચે માર્જિનને પ્રભાવિત કર્યો.
- વ્યવસ્થાપકોએ એક યુરોપિયન ઓલ-ટેરેન વાહન નિર્માતા પાસેથી પ્રથમ નિકાસ ઓર્ડર અને ટેનિકો અમેરિકા પાસેથી હીટ શીલ્ડ ઓર્ડર મેળવવાનો ઉલ્લેખ કર્યો.
- વ્યવસ્થાપકોએ વસ્તુઓની અસ્થિરતા અને ભૂ-રાજકીય અનિશ્ચિતતાને જોખમ તરીકે ઓળખ્યું, અને P3 સંચાલન મોડેલ દ્વારા આનો સામનો કરવામાં વિશ્વાસ વ્યક્ત કર્યો.
What management said on the call, summarised by AI from the official transcript and checked against it. Read the transcript. Not a recommendation.
Smart-money activity
22/100 · Weak over the last ~60 sessions, data 2026-10-30
- Delivery vs usual 0/30: Delivery 58.4% over the last 20 sessions vs 58.2% in the 40 before (1x); shares delivered per day 0.24x usual; 0 delivery-spike days (3x usual shares delivered, 40%+ delivery) in the last 20 sessions.
- Bulk/block deals 0/20: No bulk or block deals in the last 90 days.
- Insider / SAST buys 6/15: 0 insider buy days (promoter group among them) and 1 SAST acquisition day in 90 days. Insider sells are not collected by the site, so only buy filings count.
- Mutual fund holding 11/15: 13 schemes hold it, about ₹1,417 cr in all (as of 2026-09-30). Latest monthly portfolios only (top 60 holdings per scheme); month-on-month change is not stored.
- Accumulation evidence 0/15: No accumulation evidence row (only saved-scan stocks have one; 0 points).
- Promoter pledges 5/5: No promoter pledge filings in 90 days.
A description of recorded activity (delivery, deals, insider buys, fund holding, pledges), not a recommendation. Today's most active stocks.
Story so far
● Insider
- 18 Aug 26Insider SAST disclosure: SBI Mutual Fund under its Various S… acquired 2,10,63,692 shares +1.5% next session
From official exchange filings and NSE data. How the price moved after an event describes the past, not what comes next.
Shareholding trend
| Holder | Sept 2026 | Jun 2026 | Mar 2026 | Dec 2025 |
|---|---|---|---|---|
| Promoters | 59.79% | 74.79% | 74.79% | 74.79% |
| Foreign institutions (FII) | 11.91% | 9.69% | 8.94% | 8.41% |
| Domestic institutions (DII) | 22.69% | 11.44% | 12.57% | 12.00% |
| Mutual funds | 16.81% | 7.05% | 7.64% | 7.91% |
| Retail investors | 3.19% | 2.44% | 2.06% | 2.72% |
| Number of shareholders | 1,46,843 | 1,38,042 | 1,36,462 | 1,77,073 |
Common questions
How much do promoters hold in Tenneco Clean Air India Limited?
Promoters held 59.79% of Tenneco Clean Air India Limited at the end of Sept 2026, with 0.00% of promoter shares pledged.
Is Tenneco Clean Air India Limited debt-free?
Its latest reported debt-to-equity ratio is 0.07, which is very low.
What is Tenneco Clean Air India Limited's P/E ratio?
About 29, based on the last 12 months' earnings and a price of ₹431.7 (data 2026-10-31).
What is the 52-week high and low of Tenneco Clean Air India Limited?
The 52-week high is ₹657 and the 52-week low is ₹419.1.
Mutual funds holding Tenneco Clean Air India Limited
From the monthly portfolios of the fund houses the site reads, as of 2026-09-30. 13 schemes holding about ₹1,417 cr; funds that hold it outside their top holdings may not be listed.
| Scheme | Fund house | % of fund | Value |
|---|---|---|---|
| SBI Smallcap Fund | SBI Mutual Fund | 1.36% | ₹558 cr |
| SBI Large and Midcap Fund | SBI Mutual Fund | 0.61% | ₹247 cr |
| SBI MNC Fund | SBI Mutual Fund | 2.18% | ₹139 cr |
| SBI Automotive Opportunities Fund | SBI Mutual Fund | 2.09% | ₹127 cr |
| Mirae Asset Small Cap Fund | Mirae Asset Mutual Fund | 1.59% | ₹93 cr |
| SBI Dividend Yield Fund | SBI Mutual Fund | 0.88% | ₹71 cr |
| Mirae Asset Flexi Cap Fund | Mirae Asset Mutual Fund | 1.31% | ₹57 cr |
| SBI ESG Exclusionary Strategy Fund | SBI Mutual Fund | 1.07% | ₹53 cr |
| SBI Quality Fund | SBI Mutual Fund | 0.93% | ₹24 cr |
| SBI Consumption Opportunities Fund | SBI Mutual Fund | 0.81% | ₹21 cr |
| SBI Balanced Hybrid Fund | SBI Mutual Fund | 1.03% | ₹20 cr |
| SBI Long Term Advantage Fund - Series IV | SBI Mutual Fund | 3.28% | ₹6 cr |
| ADITYA BIRLA SUN LIFE BSE 500 QUALITY 50 INDEX FUND | Aditya Birla Sun Life Mutual Fund | 0.42% | ₹0 cr |
Compared with similar companies
| Company | Price | Market cap | P/E | P/B | ROE | ROCE | Debt/eq. | 1-yr return |
|---|---|---|---|---|---|---|---|---|
| Tenneco Clean Air India Limited | ₹431.7 | ₹17,403 cr | 29 | — | 43% | 54.6% | 0.07 | -14.5% |
| Sundram Fasteners Limited | ₹1,034.7 | ₹21,775 cr | 34.4 | 4.8 | 14.6% | 17.4% | 0.15 | +6.3% |
| SPR Auto Technologies Ltd | ₹4,373.6 | ₹20,288 cr | 34.2 | — | 20.9% | 20% | 0.68 | +61.4% |
| Belrise Industries Limited | ₹206.44 | ₹19,972 cr | 37 | — | 12.5% | 14.8% | 0.29 | +37.2% |
| Minda Corp. Ltd. | ₹632.45 | ₹15,103 cr | 30.2 | — | 14.9% | 14.7% | 0.56 | +9.4% |
| Lumax Auto Technologies Limited | ₹2,022.7 | ₹13,796 cr | 38 | 9.8 | 26% | 24.4% | 1.02 | +75.8% |
Compare TENNIND with SUNDRMFAST in detail →
The full analysis has the price chart, every quarterly result with YoY/QoQ growth, the balance sheet and cash flow with an accounting red-flag check, shareholding quarter by quarter with big investors, news, filings and bulk/block deals.
Open TENNIND in NSE Scanner →