Tenneco Clean Air India Limited has released the audio recording of its earnings conference call, providing investors and analysts with access to management’s commentary on the company’s performance for the first quarter of fiscal year 2026-27 (Q1FY27). The call took place on Thursday, August 6, 2026, at 4:00 PM IST, immediately following the official declaration of the quarterly results. This disclosure ensures transparency and allows stakeholders to review the detailed financial discussion beyond the summary figures provided in the statutory filings.

The release of the recording is a compliance measure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Tenneco Clean Air India Limited, formerly known as Tenneco Clean Air India Private Limited, submitted the intimation to both the National Stock Exchange of India Limited (NSE) and the Bombay Stock Exchange (BSE). The company had previously issued an intimation letter dated July 30, 2026, notifying the exchanges of the scheduled conference call.

Conference Call Details

The audio recording is hosted on the company’s official website, ensuring easy access for all interested parties. The session was moderated by management to address key financial metrics, operational updates, and strategic initiatives relevant to the Q1FY27 period. Below are the specific details regarding the call and its accessibility.

Regulatory Compliance

The disclosure aligns with the mandatory requirements set forth by SEBI for listed entities. By making the recording publicly available, Tenneco Clean Air India Limited fulfills its obligation to provide equal access to material information. The filing was signed by Roopali Singh, the Company Secretary and Compliance Officer, confirming the authenticity and timely submission of the document. The CIN for the entity is L29308TN2018FLC126510.

What the Numbers Show

While this specific filing pertains to the availability of the audio recording rather than the financial figures themselves, the timing indicates that the Q1FY27 results have been formally declared. Investors are advised to listen to the recording for insights into revenue drivers, margin trends, and forward-looking guidance that may not be fully captured in the tabulated financial statements. The company’s scrip symbols remain TENNIND on the NSE and 544612 on the BSE.

Tenneco Clean Air India Limited reported consolidated revenue from operations rising 20.20% year-on-year to ₹15,448 million in Q1FY27, driven by strong volume growth and new program wins. The company’s core profitability metric, EBITDA calculated on Value-Added Revenue (VAR), increased 7.9% to ₹2,469 million, reflecting resilient operating performance despite commodity price headwinds. However, net profit after tax (PAT) declined 1.7% to ₹1,652 million, primarily due to a one-time interest income benefit of approximately ₹187 million from the sale of the Motocare entity in the corresponding quarter of the previous year.

The Board of Directors approved the unaudited standalone and consolidated financial results during its meeting on August 5, 2026. The results were reviewed by M/s. Deloitte Haskins & Sells LLP, the statutory auditors, who issued an unmodified conclusion. The financial statements were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. An investor presentation was released on August 6, 2026, pursuant to Regulation 30 of the SEBI LODR Regulations, 2015.

Financial Performance Overview

Consolidated total income reached ₹15,534 million, comprising ₹15,448 million from operations and ₹86 million from other income. Total expenses were ₹13,340 million, including cost of materials consumed at ₹10,279 million and employee benefits expense of ₹964 million. Profit before tax stood at ₹2,194 million, while tax expense decreased to ₹542 million from ₹591 million in the prior year period.

On a standalone basis, total income was ₹6,540 million, with other income contributing ₹74 million. Total expenses amounted to ₹5,350 million, led by cost of materials consumed at ₹4,211 million. Standalone profit before tax was ₹1,190 million, and total tax expense was ₹283 million. The following table summarises key financial metrics across both consolidated and standalone bases:

The table below captures the latest EBITDA metrics on a year-on-year basis, highlighting the shift to VAR-based reporting for better comparability:

Segmental Growth and Operational Highlights

The Advanced Ride Technologies (ART) segment emerged as the primary growth engine, with revenue rising 27.90% to ₹7,190 million from ₹5,621 million in Q1FY26. This surge was fuelled by the expanded footprint of the DCx Da Vinci suspension system, adding four new customers and three new models in 2026. The company's passenger vehicle shock absorber and strut value market share expanded by 300 basis points year-on-year to 55% in FY26. Additionally, Tenneco Clean Air India introduced the DCx32 variant for smaller vehicles and successfully benchmarked Mechanical Adaptive Roll Damping (MARD) dampers with a leading domestic OEM. CEO Arvind Chandrasekharan noted that ART also secured its maiden order from a leading European ATV manufacturer, marking entry into a new whitespace.

The Clean Air & Powertrain Solutions segment reported revenue of ₹6,626 million, up 9.60% from ₹6,044 million. Key wins included a strategic spark plug order from India's leading passenger vehicle OEM, a new exhaust program from a leading Indian car maker, and a CNG platform cold-end assembly program from a global OEM. The company also reinforced spark plug compatibility with flex-fuel applications up to E85. In the commercial vehicle space, market share in Clean Air Solutions increased to 58%, up 1% year-on-year.

Margin Pressures and Cost Dynamics

The EBITDA margin on a VAR basis contracted to 17.9% from 19.6% year-on-year, reflecting the impact of significant commodity price increases stemming from geopolitical tensions, as well as incremental costs associated with transitioning from a private to a listed public company. Despite these headwinds, EBITDA in absolute terms improved to ₹2,469 million from ₹2,289 million, reflecting underlying volume-driven growth. CFO Mahender Chhabra highlighted that the P3 framework helped drive continuous improvement across safety, quality, delivery, and cost, maintaining facilities that meet global benchmarks.

What the Numbers Show

The divergence between top-line growth and bottom-line PAT performance underscores the impact of non-recurring items in the prior year. While revenue grew 20.2%, PAT declined 1.7% largely because Q1FY26 included a one-time gain from the Motocare sale. Excluding this benefit, PAT growth would have been comparable to EBITDA growth at 7.9%. The use of Value-Added Revenue (VAR) as a primary metric excludes pass-through substrate costs, providing a clearer view of operational efficiency. The contraction in VAR-based EBITDA margin from 19.6% to 17.9% indicates that input cost inflation is outpacing pricing power or productivity gains, a trend management acknowledges as ongoing due to geopolitical factors.