Published : 12 November 2026
Read Time : 5 min
Author: V3Cars Editorial Desk
Tenneco Clean Air India Limited have announced their financial results for the second quarter and first half of FY2027, ended 30 September 2026. The company reported a 32.2% year-on-year increase in Q2 value-added revenue (VAR) Rs. Rs.15,229 million, while EBITDA grew 20.7% to Rs. 2,616 million.

Here's what Tenneco Clean Air India have to say about the announcement:
Tenneco Clean Air India Limited (“Tenneco India”) (BSE/NSE: TENNIND), a leading Tier-1 automotive component manufacturer supplying Clean Air, Powertrain and Advanced Ride Technologies (ART) solutions to major OEMs, announced its financial results for the second quarter and half year ended 30 September 2026 (Q2 and H1 FY’27).
Financial Highlights (INR Millions)
VAR (value-added revenue) is the Company’s primary performance metric. It excludes pass-through substrate costs from revenue from operations and better reflects underlying operating performance, margins and comparability across periods.
EBITDA/Margin: Q2 FY’27 was affected by significant inflationary increases due to the current geopolitical situation and the cost of moving from a private to a listed public company.
*PAT: Q2 / H1 FY’26 includes one-time interest income related to Motocare entity sale amounting to INR 67 Mn (Net of tax) and INR 254 Mn (Net of Tax) respectively. PAT Growth for Q2 / H1 FY’27 excluding this one-off interest income is ~20.4% / ~15.4% respectively.
Business Highlights
Our strong momentum continued through Q2 and H1 FY’27, driven by overall market growth, market share gains¹ and disciplined execution across the business. Value-Added Revenue grew 32.2% in Q2 and 25.3% in H1, Volumes grew 25.4% in Q2 and 20.7% in H1 in line with growth in our served markets and reinforcing our leadership positions across Clean Air Commercial Trucks and Passenger Vehicle Suspension Systems.
EBITDA grew 20.7% year-on-year in Q2 to INR 2,616 million at a margin of 17.2% on VAR, supported by productivity gains under the Company’s P3 (People, Performance, Pride) operating system and commercial discipline, partially absorbed elevated commodity costs and the incremental cost of operating as a listed entity. PAT was INR 1,734 million with a PAT margin of 11.4%.
Overall booked business now covers more than 100% of the Company’s FY’30 revenue plan. The total order book stands at approximately ~INR 165,000 million and is split roughly 35% of CA / PT and 65% for ART. Overall booked business includes ~INR 8,750 million from export programs, strengthening multi-year revenue visibility.
To keep capacity ahead of these commitments, the company has announced a new Clean Air manufacturing plant in West India, with capital expenditure of ~INR 450 million. This is in addition to the North India plant announced in FY’26.
Key Highlights for Q2 and H1 FY’27
Advanced Ride Technologies (ART)
Clean Air & Powertrain (CA & PT)
Awards and Recognition
Management Remarks
Arvind Chandra, Whole-Time Director and CEO, Tenneco India, said:
“Our strong momentum continued through Q2 and H1 FY’27, driven by overall market growth, market share gains and disciplined execution across the business.
During the period, we continued to deepen customer relationships and expand our technology footprint. In ART, we secured multiple platform wins across domestic and international OEMs, entered a new passenger vehicle whitespace, expanded engagement with leading OEMs, and advanced our portfolio through successful commercialization and localization initiatives. In CA and PT, we strengthened our order pipeline through key wins across commercial vehicle, CNG, and spark plug applications.
Our growing competitive strength is reflected in the continued order book providing revenue visibility exceeding 100% of our FY '30 target revenues, underpinning a healthy double-digit CAGR trajectory.
To support future growth, we continue to invest in capacity expansion, localization, and innovation, including a new West India Clean Air manufacturing facility.
Supported by a robust order book, increasing domestic and export penetration, technology-led customer wins, and strategic investments, we remain well positioned to sustain above-market growth and drive superior shareholder returns over the long term.”
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