Tenneco Clean Air India logo

Tenneco Clean Air India share price

NSE: TENNINDBSE: 544612Auto ComponentsSmall Cap

Tenneco Clean Air India Limited · Face value ₹10 · Listed Nov 2025 · Issue price ₹397
Last close ₹431.70up ₹3.65 (0.85%)BSE ₹431.20

Share price at the NSE close on 30 Oct 2026. Previous close ₹428.05.

30 Oct: open ₹425.10, high ₹435.95, low ₹419.10

Range of traded prices from listing on 19 Nov 2025 to 30 Oct 2026
₹419.10Low, 30 Oct 2026₹657.00High, 6 May 2026
Market cap
₹17,424 Cr319th largest listed
P/E
29.00
P/B
14.55
Dividend yield
Nonesince listing in Nov 2025
ROE
50.2%
ROCE
69.4%
Debt to equity
0.00
Volume, NSE
9,19,319

Tenneco Clean Air India share price chart

Daily closes since Nov 2025, adjusted for splits and bonuses

−12.0%since 19 Nov 2025

20-session average 5,99,549 shares a day, 58.7% delivered
Issue price
₹397.00Listed 19 Nov 2025
Listing day open
₹505.00+27.2% on the issue price
Listing day close
₹490.80+23.6% on the issue price
Since the issue
+8.7%

About Tenneco Clean Air India

Tenneco Clean Air India Limited makes clean air (exhaust emission control), powertrain (engine) and suspension components for vehicle makers in India and abroad, and for the aftermarket.12 Its customers make passenger vehicles, commercial vehicles such as trucks and off-highway machines, and industrial equipment.2 It is a subsidiary of Tenneco LLC, the main operating company of the US-based Tenneco Group, a global supplier of vehicle components.3

The business runs as Clean Air and Powertrain Solutions, which makes exhaust aftertreatment systems such as catalytic converters, mufflers and exhaust pipes, along with engine bearings, sealing systems and ignition products, and Advanced Ride Technologies, which makes shock absorbers, struts and suspension systems.4 Its brands include Champion for spark plugs and Monroe for suspension products.2

The company was incorporated in 2018 and took over the Clean Air business in 2019 through a demerger.1 Under share swap agreements dated 25 Mar 2025, it acquired fellow Tenneco companies Tenneco Automotive India Private Limited, which makes shock absorbers and struts, Federal Mogul Ignition Products (India) Limited, Federal Mogul Sealings India Limited and Federal Mogul Bearings India Limited, now its subsidiaries.5 Its shares were listed on the NSE and BSE on 19 Nov 2025 after an initial public offering of ₹36,000 million, made up entirely of shares sold by its promoter and immediate parent, Tenneco Mauritius Holdings Limited.67

Tenneco Clean Air India key points

Results

  • In the quarter to Jun 2026, revenue from operations rose 20.2% to ₹15,448 million and value added revenue (revenue less substrates, catalyst-coated filters passed through to customers at cost) rose 18.4% to ₹13,816 million.89
  • In the quarter to Jun 2026, EBITDA (earnings before interest, tax, depreciation and amortisation) rose 7.9% to ₹2,469 million, 17.9% of value added revenue, and profit after tax fell 1.7% to ₹1,652 million. The year-earlier quarter included a one-time gain from selling the Motocare business.101112
  • Consolidated revenue from operations was ₹54,039.76 million in the year to Mar 2026, against ₹48,904.30 million a year earlier, and consolidated profit after tax was ₹6,043.59 million, against ₹5,531.43 million.13
  • In the year to Mar 2026, value added revenue grew 12.3% to ₹49,180 million and EBITDA rose 13.5% to ₹9,255 million, which the company calls a record.14

Market position

  • Value market share in India, year to Mar 2026, against a year earlier1516
    Itemyear to Mar 2026year to Mar 2025
    Clean Air Solutions for commercial vehicle makers58%57%
    Clean Air Solutions for off-highway vehicle makers68%–
    Shock absorbers and struts for passenger vehicle makers55%52%
    The company says it ranks first in each of these markets by value, with off-highway counted without tractors.

Business segments

  • Advanced Ride Technologies. Advanced Ride Technologies' value added revenue rose 27.9% to ₹7,190 million in the quarter to Jun 2026.17
  • Advanced Ride Technologies. In the quarter to Jun 2026, Advanced Ride Technologies introduced DCx32, a version of its DaVinci DCx suspension with a 32 mm bore, aimed at smaller vehicles.12
  • Clean Air and Powertrain Solutions. Clean Air and Powertrain Solutions' value added revenue rose 9.6% to ₹6,626 million in the quarter to Jun 2026, after growth of 5.5% in the year to Mar 2026.1819

Where revenue comes from

  • Exports were slightly over 7% of revenue in the quarter to Jun 2026, against about 5% of sales before the company's listing.2021
  • Exports made up over 14% of orders booked by the end of March 2026.22

Plants and capacity

  • The company and its subsidiaries had 12 manufacturing plants and 2 R&D centres in India at the end of March 2026, with Chennai, Chakan, Sanand, Bawal, Hosur and Pithampur at the core of the network.2324
  • The company stated in its annual report for the year to Mar 2026 that it plans a Clean Air plant in north India, with production expected by March 2027, and an Advanced Ride Technologies plant in western India, together ₹1,400 million of announced investment.25
  • On its earnings call of 6 Aug 2026, the company said it targets capital spending of about ₹350 crore to ₹450 crore in the year to Mar 2027, and called the figures indicative.26

Order book

  • The incremental lifetime order book (orders confirmed by vehicle makers on volume and price but not yet in production) was about ₹1,24,000 million at the end of March 2026, which the company says covers roughly the next 5 to 6 years.27
  • In the half year to Mar 2026, net new orders of ₹60,254 million were added to the order book, while orders worth ₹34,654 million moved into production.2829

Customers and partners

  • The company sells to more than 100 customers, and sells to the aftermarket mainly through Motocare India Private Limited, a Tenneco LLC subsidiary whose shares were transferred to a fellow Tenneco company on 24 Mar 2025.303132
  • In the quarter to Jun 2026, it won a spark plug order from one of India's largest passenger vehicle makers, a first order from a European all-terrain vehicle maker for its suspension business, and 4 new suspension customers.33
  • An Indian vehicle maker chose the company's patented DaVinci DCx suspension, which it says gives ride quality comparable to advanced electronic systems with a purely mechanical design, for an SUV platform with annual revenue potential of about ₹2,200 million.34
  • On its earnings call of 6 Aug 2026, the company said it had won Clean Air business from a Japanese passenger vehicle maker it had long not supplied, tied to engines for CAFE 3 (India's next fuel-efficiency rules) expected around 2028-29.3536

Litigation and regulatory matters

  • A show cause notice (a demand to explain) dated 29 Sep 2026 from Maharashtra's GST department alleges excess input tax credit (tax paid on inputs, set off against tax due) of ₹28,54,88,700 for the year to Mar 2023, plus ₹22,44,29,799 interest and a ₹5,71,17,740 penalty.37
  • In its exchange filing of 6 Oct 2026, the company said it has factual and legal grounds to contest the notice and is preparing its response, and that the notice is at a preliminary stage and not a final order.38

Results

Consolidated; ₹ crore.Tenneco Clean Air India quarterly results

Quarter to Jun 2026, against the quarter before

Revenue
₹1,545 Crdown 0.50%
Net profit
₹165 Crdown 0.93%
Net margin
10.7%

Revenue by quarter

₹1,286 CrJun 25₹1,281 CrSep 25₹1,285 CrDec 25₹1,552 CrMar 26₹1,545 CrJun 26
Peak revenue ₹1,552 Cr, quarter to Mar 2026; lowest ₹1,281 Cr, quarter to Sep 2025

Net profit by quarter, a loss in red

₹168 CrJun 25₹151 CrSep 25₹119 CrDec 25₹167 CrMar 26₹165 CrJun 26
₹ croreJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue1,2861,2811,2851,5521,545
Net profit168151119167165
Net margin13.1%11.8%9.2%10.7%10.7%
Consolidated. The 5 quarters from Jun 2025, the first on record. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Auto Components & Equipments, which carries all its revenue.

Valuation

Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.Tenneco Clean Air India PE ratio and valuation

Price to book

At or below today's level on 1% of 223 trading days since Dec 2025.

LowestHighest
Its median20.85Industry median2.57

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Tenneco Clean Air India shareholding pattern

Shareholding by group

  • Promoters59.79%
  • Foreign institutions11.91%
  • Indian institutions22.69%
  • Individuals and others5.62%
Holder
Tenneco Mauritius Holdings LimitedPromoter47.69%
Tenneco (Mauritius) LimitedPromoter4.15%
Federal - Mogul Pty LtdPromoter3.59%
Federal Mogul Investments B VPromoter2.63%
Tenneco IncPromoter1.73%
FIDELITY FUNDS - ASIA EQUITY ESG FUNDForeign portfolio investors, category I1.64%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters −15.00 pts, foreign institutions +2.22 pts, Indian institutions +11.25 pts, mutual funds +9.76 pts.

The filing reports 8,07,70,862 of its 40,36,04,309 shares locked in.

Mutual fund holdings

132 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 46 of the 66 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 132 funds holding Tenneco Clean Air India

Bought for the first time
8
Added
57
Cut
9
Held unchanged
58
Sold out
1
Fund
SBI Mutual Fund logoSBI Small Cap FundSBI Mutual Fund1,10,00,0001.36%₹559.1 Cr
SBI Mutual Fund logoSBI Large & Midcap FundSBI Mutual Fund49,00,0000.61%₹249.0 Cr
Franklin Templeton Mutual Fund logoFranklin India Small Cap FundFranklin Templeton Mutual Fund41,77,0001.49%₹212.3 Cr
Axis Mutual Fund logoAxis ELSS Tax Saver FundAxis Mutual Fund31,70,2210.53%₹161.1 Cr
SBI Mutual Fund logoSBI MNC FundSBI Mutual Fund27,33,6512.18%₹138.9 Cr
SBI Mutual Fund logoSBI Automotive Opportunities FundSBI Mutual Fund25,00,0002.09%₹127.1 Cr
Axis Mutual Fund logoAxis Small Cap FundAxis Mutual Fund24,01,7540.40%₹122.1 Cr
HDFC Mutual Fund logoHDFC Flexi Cap FundHDFC Mutual Fund21,63,5220.10%₹110.0 Cr
Invesco Mutual Fund logoInvesco India Contra FundInvesco Mutual Fund18,67,6650.49%₹94.9 Cr
Mirae Asset Mutual Fund logoMirae Asset Small Cap FundMirae Asset Mutual Fund18,22,3021.59%₹92.6 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 30 Oct 2025.Tenneco Clean Air India insider trading

Bought on the market Sold on the market
  • Promoters and promoter group0 purchases, 2 salesNo purchase₹3,180 CrNet−₹3,180 Cr
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Tenneco Clean Air India competitors and peers

Auto Components & Equipments, 155 listed companies, priced on 30 Oct 2026. The table lists the 8 companies closest to Tenneco Clean Air India in market cap.Automobile companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Asahi India Glass logoAsahi India GlassASAHIINDIA23,07052.725.87+10.3%+25.2%13.3%12.6%0.22%
Sundram Fasteners logoSundram FastenersSUNDRMFAST21,74234.374.78+17.2%+14.2%14.7%15.4%0.77%
SPR Auto Technologies logoSPR Auto TechnologiesSHRIPISTON20,28736.00–+35.2%+7.4%21.3%15.7%0.23%
Belrise Industries logoBelrise IndustriesBELRISE19,96639.39–––12.8%12.0%0.27%
Minda Corporation logoMinda CorporationMINDACORP15,12130.185.72+26.6%+95.3%20.7%13.8%0.22%
Lumax Auto Technologies logoLumax Auto TechnologiesLUMAXTECH13,78638.019.82+32.8%+71.5%29.5%22.4%0.27%
SEDEMAC Mechatronics logoSEDEMAC MechatronicsSEDEMAC13,777–30.67––––0.00%
CIE Automotive India logoCIE Automotive IndiaCIEINDIA13,38414.351.73+12.4%+15.3%12.7%13.6%1.98%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Latest announcements

Routine notices left out.Tenneco Clean Air India announcements

Tenneco Clean Air India share price by year

Each calendar year to 2025.Tenneco Clean Air India share price history

YearClose at year endChangeHighest closeLowest close
2025507.90–516.45443.95
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2025 is from its first session, 19 Nov 2025.

Recent sessions

The 9 trading days to 29 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
29 Oct 2026430.00434.60420.05428.05427.1110,15,41148.0%
28 Oct 2026445.80447.40435.15438.35440.826,42,03368.3%
27 Oct 2026444.00454.20440.80445.80449.284,97,39778.7%
26 Oct 2026437.00445.05427.70443.60440.023,55,95250.0%
23 Oct 2026449.75449.75430.35439.65437.938,61,01261.2%
22 Oct 2026441.25452.00440.35450.30448.884,15,27149.7%
21 Oct 2026453.10453.50439.85447.85444.867,44,62660.4%
19 Oct 2026458.00460.40448.00449.95452.473,49,87255.6%
16 Oct 2026462.40462.80455.15456.50458.198,06,39460.7%
Prices in ₹ per share as traded, not adjusted.

Company details

Chairperson
Niranjan Kumar Gupta
At the end of the quarter to Sep 2026
Chief executive
Arvind Chandrasekharan
At the end of the quarter to Sep 2026
NSE symbol
TENNIND
BSE code
544612
ISIN
INE19RI01016
Industry
Auto Components
CIN
U29308TN2018FLC126510
Corporate identity number, the registrar of companies' code for it
Incorporated
2018
Registered office
RNS2, Nissan Supplier Park, SIPCOT Industrial Park, Oragadam Industrial Corridor, Sriperumbudur Taluk, Kanchipuram 602105, Tamil Nadu
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments