Tenneco Clean Air India Limited Announces Q1FY2027 Results

Aug 6: Tenneco Clean Air India Limited, a Tier-1 automotive component manufacturer supplying Clean Air, Powertrain and Advanced Ride Technologies solutions to major OEMs, announced its financial results for the first quarter ended June 30, 2026.

Financial Highlights (INR Millions):

• 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: PAT was broadly stable year-on-year. The prior-year quarter included a one-time interest income benefit of approximately ₹187 million 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.

Business Highlights: 

Tenneco Clean Air India commenced FY2027 on a strong footing, with Value Added Revenue  growing 18.4% year-on-year to INR 13,816 million in Q1 FY2027, outperforming industry volume growth of 16.2%1.

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 and Clean Air & Powertrain  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:
• 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.
• 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.
• Introduced DCx32, latest variant in the DCx family, targeting smaller vehicles , thereby further increasing the addressable market.
• Successfully completed fitment and benchmarked performance of MARD dampers with a leading domestic OEM, further expanding product portfolio through comfort and safety features. This was achieved completely in India

• Clean Air & Powertrain : 
  • 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 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.
• 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 –

• 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:
• Won the Innovation and Performance Award from Mahindra and the Ride Performance Award 2026 from The Economic Times.

• Won “Technology & Innovation Award” from DICV , highlighting Tenneco Clean Air India’s innovation and technology leadership.

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. 

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-generation mobility solutions, provide strong visibility for future growth.

In export markets, ART secured its maiden order from a leading European ATV manufacturer, gaining entry into a new whitespace. Additionally, the company won a heat shield (PT segment) order from Tenneco America, further strengthening its exports.

During the quarter, we were recognized by leading OEMs for innovation, technology leadership, and operational performance, further reinforcing the trust our customers place in us.

Looking ahead, we remain focused on executing our strategy, investing in future technologies, and creating long-term value for all stakeholders.”