Tenneco Clean Air India Ltd reported a 9.3% year-on-year increase in profit after tax (PAT) for FY2026 at Rs 604.4 crore, supported by growth across its Clean Air, Powertrain and Advanced Ride Technologies (ART) businesses.
Revenue from operations for FY2026 rose 10.5% to Rs 5,404 crore from Rs 4,890.4 crore in FY2025. The company's value-added revenue (VAR), which excludes pass-through substrate costs, increased 12.3% to Rs 4,918 crore.
EBITDA for the financial year grew 13.5% to Rs 925.5 crore, while EBITDA margin on VAR improved 21 basis points to 18.8% from 18.6% a year earlier.
For the fourth quarter ended March 31, 2026, revenue from operations increased 17.1% year-on-year to Rs 1,552.4 crore. VAR rose 17.5% to Rs 1,405.8 crore, while EBITDA grew 17.6% to Rs 257.3 crore. Quarterly PAT increased 18.8% to Rs 166.8 crore.
The company's Clean Air and Powertrain Solutions business generated FY2026 revenue of Rs 2,429.6 crore, up 5.5% from the previous year. Revenue from the Advanced Ride Technologies segment rose 19.7% to Rs 2,488.5 crore.
Tenneco India reported a return on capital employed (ROCE) of 94% for FY2026, compared with 57% in FY2025.
The company announced plans to establish a greenfield manufacturing facility for its Advanced Ride Technologies business in western India. The project involves an investment of Rs 69 crore and forms part of a cumulative capital expenditure plan of Rs 140 crore, including an earlier announced Clean Air Systems plant in northern India.
During FY2026, Tenneco India secured several new business wins across its product portfolio. These included the selection of its DCx DaVinci suspension system for a new SUV platform at an Indian automaker, a Clean Air systems programme with a Japanese passenger vehicle manufacturer, and a Clean Air aftertreatment programme for a European commercial vehicle OEM.
The company also entered the engine bearings segment with a Japanese passenger vehicle manufacturer in India and completed a proof-of-concept project for a Euro VII-compliant Clean Air solution with a European truck manufacturer.
As of March 31, 2026, Tenneco India's order book stood at Rs 12,400 crore, excluding programmes already in production. The company said the order book covers more than 100% of its FY2028 revenue target.
"Tenneco India delivered double-digit revenue growth and its highest-ever EBITDA margin in FY2026 despite geopolitical headwinds and additional costs associated with becoming a listed company," said Arvind Chandra, Whole-Time Director and CEO.