Tenneco Clean Air India Limited — PPTs, 06-08-2026: Investor Presentation

**Tenneco Clean Air India: Q1 FY2027 Update**

**Business Performance:**

Tenneco Clean Air India delivered a robust start to FY2027, showcasing strong double-digit Value Added Revenue (VAR) growth of 18.4% YoY, outpacing market expansion. This performance was fueled by higher volumes and new program wins across key segments. The company's market share remains strong in Commercial Vehicle Clean Air Solutions (58%), Passenger Vehicle shock absorbers and struts (55%), and Off-Highway Clean Air Solutions (68%).

**Growth Drivers & Strategy:**

The company is actively expanding its customer base and product offerings. Strategic wins include securing an order for spark plugs with a major passenger vehicle OEM in India and new programs in the ART segment, including its maiden order from a European ATV manufacturer. Heat shield orders for the US market also contribute to export growth.

**Key Financial Metrics:**

Revenue from operations saw a significant YoY increase of 20.2% to INR 15.4 billion. EBITDA grew by 7.9% YoY to INR 2,469 million, maintaining a resilient EBITDA margin of 17.9% on VAR, despite cost pressures from commodity increases and the transition to a listed company. Profit After Tax (PAT) saw a YoY decline of 1.7% due to a one-time benefit in the prior year.

**Management Commentary / Outlook:**

Management highlights disciplined execution, focus on technology-led solutions, and continued market share gains as key strengths. The company remains focused on executing its strategy, investing in future technologies, and managing costs prudently to drive profitable growth and create long-term stakeholder value.