Tenneco Clean Air India Limited held an earnings conference call to discuss Q4 and FY26 results. Management highlighted a record year with strong revenue growth, the highest ever EBITDA margin of 18.8%, and zero debt. Key developments included awards from Toyota and the adoption of their new DCx DaVinci suspension system by a leading OEM. The company also secured significant new programs in the Clean Air business and entered the bearings systems segment. The lifetime order book stands at INR12,400 Cr, providing strong visibility for future growth, supported by planned capacity expansions including new plants in North and West India. The company's IPO was oversubscribed, and its stock has outperformed key indices since listing.
Financial highlights for FY26 include value-added revenue of INR49,180 million (up 12.3% YoY) and EBITDA of INR9,255 million (up 13.5% YoY), achieving a record EBITDA margin of 18.8%. For Q4 FY26, value-added revenue grew 17.5% YoY to INR14,058 million, with EBITDA at INR2,573 million and a margin of 18.3%. Profit after tax for the full year was INR6,044 million. Return on capital employed improved significantly to 94%.
Management emphasized strong operational discipline, technology differentiation, and customer-centric execution as key drivers. The company is well-positioned for sustained profitable growth with a robust order book and disciplined capacity expansion. The outlook appears positive, with continued focus on innovation and market expansion.