Tenneco Clean Air India Limited

Tenneco Clean Air India Limited

TENNINDNSE / BSEAutomobiles & ComponentsSmall Cap

₹431.20+₹5.10 (+1.2%)

Last close · Data as of Oct 30, 2026

Market cap
₹21,568 Cr
P/E
18.4x
EV / EBITDA
53.1x
Revenue
₹2,237 Cr
Net margin
8.0%
ROCE
112.7%

-12.2% over the last year

Tenneco Clean Air India Limited price, 1Y

Daily closes.

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Performance

Price change over each period, before dividends.

1M
-15.1%
3M
-20.0%
6M
-30.7%
1Y
-12.2%
5Y
-9.4%

52-week range

Day change +₹5.10 (+1.2%) from ₹426 to ₹431 · Last close Oct 30, 2026

AI Summary

Indian Stock

Strengths1

  • Healthy return on equity of 72.8%

Concerns0

    Rule-based from financial data. Not advice.

    About the company

    Tenneco Clean Air India Limited operates as a manufacturer and supplier of clean air and powertrain solutions. The company operates in two segments, clean air and powertrain solutions; and advanced ride technologies.

    Read moreShow less

    Tenneco Clean Air India Limited operates as a manufacturer and supplier of clean air and powertrain solutions. The company operates in two segments, clean air and powertrain solutions; and advanced ride technologies. The company designs, manufactures, and sells exhaust aftertreatment systems, such as catalytic converters, mufflers, and exhaust pipes; engine bearings, sealing systems, and ignition products, such as spark plugs and ignition coils; and shock absorbers, struts, and suspension systems. Its products are used in passenger vehicles, commercial trucks, off-highway vehicles, generator sets, small commercial vehicles, two wheelers and three wheelers. Tenneco Clean Air India Limited was founded in 1979 and is based in Gurugram, India. Tenneco Clean Air India Limited operates as a subsidiary of Tenneco Mauritius Holdings Limited.

    Sector
    Automobiles & Components
    Shares outstanding
    40.3 Cr shares
    ISIN
    INE19RI01016
    BSE code
    544612

    Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.

    Valuation

    Market cap
    ₹21,568 Cr
    P/E
    18.4x
    EV / EBITDA
    53.1x
    EV / Sales
    7.0x
    P/S
    7.1x
    Earnings yield
    5.4%
    52-week high
    ₹652.65
    52-week low
    ₹426.10

    Profitability

    Operating margin
    12.8%
    Net margin
    8.0%
    EBITDA margin
    13.2%
    ROE
    72.8%
    ROCE
    112.7%
    ROA
    27.5%
    Dividend payout
    79.0%
    Tax rate
    27.0%
    Other income, % of PBT
    4.2%

    Growth

    Revenue
    ₹2,237 Cr
    Revenue growth, 1Y
    -26.8%
    EBITDA
    ₹404 Cr
    EBITDA growth, 1Y
    27.0%
    Net profit growth, 1Y
    25.4%
    Cash from operations
    ₹248 Cr
    CFO growth, 1Y
    -5.0%
    Free cash flow
    -₹166 Cr
    Asset growth, 1Y
    -22.1%

    Solvency and efficiency

    Current ratio
    1.09
    Debt / Equity
    0.03
    Debt / Assets
    0.01
    Debt / EBITDA
    0.03
    Interest coverage
    18.57
    Financial leverage
    2.64
    CFO / Net profit
    1.02
    Cash / Market cap
    2.7%
    Cash per share
    ₹14.56
    Asset turnover
    3.45
    Fixed asset turnover
    10.69
    Capital intensity
    0.09
    Debtor days
    31 days
    Inventory turnover
    14.04
    Cash conversion cycle
    -11 days

    Where the revenue went

    Of every ₹100 of FY2025 revenue, ₹14 was left as net profit.

    Tenneco Clean Air India Limited income statement flow, FY2025
    Tenneco Clean Air India Limited income statement flow, FY2025: flows
    FromToAmount
    SalesExpenses₹1,769 Cr
    SalesOperating profit₹468 Cr
    Operating profitInterest₹15 Cr
    Operating profitDepreciation₹49 Cr
    Operating profitProfit before tax₹404 Cr
    Other incomeProfit before tax₹7 Cr
    Profit before taxTax and other₹105 Cr
    Profit before taxNet profit₹306 Cr

    Revenue and net profit

    Revenue fell 26.8% in FY2025; net profit is the dashed line.

    Tenneco Clean Air India Limited revenue and net profit by fiscal year
    Tenneco Clean Air India Limited revenue and net profit by fiscal year
    DateRevenueNet profit
    FY2021₹949 Cr₹7 Cr
    FY2022₹1,571 Cr₹96 Cr
    FY2023₹2,481 Cr₹190 Cr
    FY2024₹3,057 Cr₹244 Cr
    FY2025₹2,237 Cr₹306 Cr

    Cash flows

    FY2025: ₹420 Cr from operations, ₹391 Cr free after investment (dashed).

    Tenneco Clean Air India Limited operating and free cash flow by fiscal year
    Tenneco Clean Air India Limited operating and free cash flow by fiscal year
    DateOperating cash flowFree cash flow
    FY2021₹183 Cr₹87 Cr
    FY2022₹181 Cr₹180 Cr
    FY2023₹261 Cr₹216 Cr
    FY2024₹248 Cr₹210 Cr
    FY2025₹420 Cr₹391 Cr

    Growth

    Latest fiscal year FY2025 (ending March): each figure with its change over the year before.

    Revenue
    ₹2,237 Cr-26.8%1Y
    Net profit
    ₹306 Cr+25.4%1Y
    Cash from operations
    ₹420 Cr
    Free cash flow
    ₹391 Cr+86.2%1Y
    YearRevenueOperating incomeEBITDANet profitCFOFCFROERevenue growth 1YNet profit growth 1Y
    FY2025₹2,237 Cr₹468 Cr—₹306 Cr₹420 Cr₹391 Cr5.2%-26.8%+25.4%

    Monthly returns

    Month-by-month returns of TENNIND across the years, with the seasonal pattern.

    Balance sheet

    What the company owns and owes at the end of FY2025.

    LineFY2025
    Liabilities and equity₹6,392 Cr
    Equity capital₹404 Cr
    Reserves₹5,470 Cr
    Borrowings₹16 Cr
    Other liabilities₹502 Cr
    Assets₹6,392 Cr
    Fixed assets₹275 Cr
    Capital work in progress₹3 Cr
    Investments₹5,474 Cr
    Other assets₹640 Cr

    Market cap against peers

    8 peers: same sector group, nearest by size.

    1. Tenneco Clean Air India Limited (this company)₹21,568 Cr
    2. Tata Chemicals Ltd₹19,453 Cr

    P/E against peers

    TENNIND trades at 18.4x earnings against a peer median of 34.8x (a 47% discount).

    Not shown (no positive earnings and no EV / Sales): Ather Energy Limited.

    Peer comparison

    Same-sector peers by market cap, with the median.

    CompanyMarket capP/EP/BROEEV/EBITDA
    Tenneco Clean Air India LimitedTENNINDthis companyP/E ↓ discount₹21,568 Cr18.4x—72.8%53.1x
    ZF Commercial Vehicle Control Systems India LimitedZFCVINDIA₹26,851 Cr56.3x7.9x14.5%40.0x
    Force Motors LimitedFORCEMOT₹26,491 Cr32.4x7.4x17.3%28.1x
    Aegis Logistics Ltd.AEGISLOG₹25,428 Cr48.2x9.2x17.3%45.8x
    Ather Energy LimitedATHERENERG₹24,950 Cr—9.1x-194.5%-30.6x
    Asahi India Glass Ltd.ASAHIINDIA₹24,510 Cr88.6x6.4x13.9%34.7x
    Sundram Fasteners Ltd.SUNDRMFAST₹19,503 Cr37.2x5.1x14.6%23.6x
    Tata Chemicals LtdTATACHEM₹19,453 Cr29.7x1.0x4.8%14.0x
    Craftsman Automation LimitedCRAFTSMAN₹18,338 Cr153.0x6.4x12.8%29.9x
    Peer median—34.8x5.2x16.1%21.0x

    Year-to-date ROI

    TENNIND since 1 January, against earlier years.

    Historical volatility

    TENNIND's day-to-day swings over 30, 60 and 180 days.

    Financial statements

    Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.

    Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.

    Operating margin by fiscal year

    Tenneco Clean Air India Limited operating margin by fiscal year
    Tenneco Clean Air India Limited operating margin by fiscal year
    DateOperating margin
    FY20215.0%
    FY202212.0%
    FY202313.0%
    FY202413.0%
    FY202521.0%
    LineFY2025
    RevenueSales₹2,237 Cr
    Costs
    Interest₹15 Cr
    Expenses₹1,769 Cr
    Profit before tax₹411 Cr

    Learn while you research

    Academy chapters picked for Tenneco Clean Air India Limited and the metrics on this page.

    1. 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
    2. 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
    3. 03 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
    4. 04 Sectors & IndustriesHow to classify and compare companies across sectors.6 min read
    5. 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
    6. 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read
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