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Tenneco Clean Air India Posts 32.2% Value-Added Revenue Growth and Adds New West India Manufacturing Plant

EBITDA rises 20.7% in Q2 FY27 with INR 450 million investment to expand Clean Air production capacity

Tenneco Clean Air India Limited announced strong financial results for Q2 and H1 FY27, reporting a 32.2% year-on-year increase in value-added revenue and a 20.7% rise in EBITDA despite inflationary pressures. The company also revealed plans to invest approximately INR 450 million to establish a new Clean Air manufacturing plant in West India, boosting future production capacity and supporting sustained business growth.

18 hours ago|TENNIND+0.71%
Tenneco Clean Air India LimitedTENNINDGeneral / Other

Tenneco Clean Air India Limited

General / Other

Tenneco Clean Air India Limited reported a 32.2% year-on-year increase in value-added revenue to INR 15,229 million and a 20.7% rise in EBITDA to INR 2,616 million for the quarter ended September 30, 2026. The company announced plans to invest approximately INR 450 million to build a new Clean Air manufacturing plant in West India, aiming to support future growth and meet strong order book demand.

Revenue from operations rose 34.2% year-on-year to INR 17,183 million in Q2 FY27, driven by growth across Clean Air & Powertrain and Advanced Ride Technologies segments. EBITDA margin stood at 17.2% on value-added revenue, despite pressure from inflation and increased costs associated with becoming a listed public company.

The company's total order book now covers over 100% of its FY30 revenue target at approximately INR 165,000 million, including roughly INR 8,750 million from export programs, enhancing multi-year revenue visibility.

Tenneco India's Advanced Ride Technologies maintained about 55% market share in the passenger vehicle segment, secured new platform wins domestically and internationally, and entered the three-wheeler suspension market. The Clean Air & Powertrain segment held a 59% share of the commercial truck market and added new commercial and passenger vehicle programs, including CNG and spark plug applications.

To support ongoing growth and strong demand, the company is investing in a new manufacturing facility in West India with capital expenditure of around INR 450 million, supplementing a previously announced plant in North India.

The company received the Economic Times 'Best Manufacturing Brand 2026' and a National Green Future Leadership award, affirming its position in manufacturing and sustainability.

Highlights

  • Value-added revenue increased 32.2% year-on-year to INR 15,229 million in Q2 FY27.
  • EBITDA rose 20.7% year-on-year to INR 2,616 million with a margin of 17.2% on value-added revenue in Q2 FY27.
  • Total order book is approximately INR 165,000 million, exceeding 100% of FY30 revenue plans.
  • Announced INR 450 million investment for a new Clean Air manufacturing plant in West India.
  • Advanced Ride Technologies holds ~55% passenger vehicle market share; Clean Air holds ~59% commercial truck market share.
  • Won Economic Times 'Best Manufacturing Brand 2026' and National Green Future Leadership awards.

Key Data Snapshot

Value-added revenue Q2 FY27INR 15,229 million
Q2 FY27 EBITDAINR 2,616 million
EBITDA margin on value-added revenue Q2 FY2717.2%
Revenue from operations Q2 FY27INR 17,183 million
PAT Q2 FY27INR 1,734 million
Investment in new Clean Air plant~INR 450 million
Total order book~INR 165,000 million
Order book export programs~INR 8,750 million
Advanced Ride Technologies market share~55% PV market H1 FY27
Clean Air & Powertrain market share~59% commercial truck market H1 FY27

What happened

  • Tenneco Clean Air India reported a 32.2% year-on-year increase in value-added revenue and a 20.7% rise in EBITDA for Q2 FY27.
  • The company announced an investment of approximately INR 450 million to establish a new Clean Air manufacturing plant in West India.
  • The total order book covers over 100% of FY30 revenue plans at about INR 165,000 million, enhancing long-term revenue visibility.

Key details

  • Revenue from operations for Q2 FY27 was INR 17,183 million, a 34.2% increase year-on-year.
  • EBITDA margin was 17.2% on value-added revenue, affected by inflation and costs from listing as a public company.
  • Advanced Ride Technologies held approximately 55% market share in passenger vehicles; Clean Air & Powertrain held about 59% market share in commercial trucks.
  • New product wins include commercial vehicle exhaust programs and spark plug awards from European OEMs.
  • Company received two notable awards: Economic Times Best Manufacturing Brand 2026 and National Green Future Leadership award.

Strategic context

  • The new West India plant complements an earlier plant announced in North India, supporting capacity expansion ahead of demand.
  • The company’s order book includes approximately INR 8,750 million from export programs, showing growing international business.
  • Tenneco India focuses on technology leadership and expanding customer relationships in automotive Clean Air, Powertrain and Advanced Ride Technologies segments.

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Tenneco Clean Air India Posts 32.2% Value-Added Revenue | Stockk News