Tenneco India Reports 8.9% Q2 and 8.2% H1 VAR Growth
The growth is supported by export traction, strong performance in Advanced Ride Technologies, and new OEM program awards.
Tenneco Clean Air India Limited has announced its financial results for the second quarter and half-year of FY2026, reporting above-market growth, strong margins, and strategic business wins across Clean Air and Advanced Ride Technologies (ART).
Value-added revenue (VAR) grew 8.9% in Q2 and 8.2% in H1, supported by higher volumes and healthy export traction. ART delivered double-digit growth of 15.4% in Q2 and 13.8% in H1, while Clean Air and Powertrain Solutions recorded steady growth of 3.0% in Q2 and 3.2% in H1.
EBITDA margins remained industry-leading at 18.8% in Q2 and 19.2% in H1, driven by export volumes and operational efficiencies. PAT rose 9.9% year-on-year in Q2 and 10.9% in H1.
Arvind Chandrasekharan, Whole-Time Director and CEO, said: “Tenneco India has delivered a strong and strategically meaningful quarter. Our Q2 and H1 FY2026 VAR performance clearly reflects above-market growth, supported by deeper engagement across customer programs. During the quarter, we secured important new awards in both Clean Air and ART, including strategic entry into a new whitespace opportunity with a leading Japanese OEM in Clean Air and increased market share for a well-known Indian OEM in ART.”
The company’s incremental lifetime order book expanded to INR 98,400 million, including INR 17,600 million from export programs, enhancing multi-year revenue visibility. Strategic program awards were secured across domestic and export markets.
According to the company, its IPO in November 2025 was oversubscribed 61.8 times, reflecting strong investor confidence in its technology and growth roadmap.
The company operates 12 manufacturing facilities and two R&D centers in India, supplying clean air, powertrain, and suspension solutions to major OEMs across passenger and commercial vehicles, as well as industrial applications.
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05 Dec 2025
Autocar Professional Bureau
