TENNIND Share Price | Tenneco Clean Air India Ltd Stock Analysis & Recommendation

Q: Are Tenneco Clean Air India Ltd latest results good or bad?

Tenneco Clean Air India Ltd's latest results for Q4 FY26 can be considered good overall. The company reported a net profit of ₹166.58 crores, which reflects a significant increase of 40.35% quarter-on-quarter and an 18.87% year-on-year growth. Additionally, revenue for the same quarter reached ₹1,552.45 crores, marking a 20.79% increase from the previous quarter and a 17.09% rise compared to the same quarter last year.The operating margin remained healthy at 16.57%, and the return on capital employed (ROCE) was exceptionally high at 142.88%, indicating strong capital efficiency. These metrics suggest that Tenneco is effectively managing its operations and generating substantial returns on its investments.However, despite these positive operational results, the company's stock is trading at a premium valuation, with a price-to-earnings ratio of 36 times and a price-to-book ratio of 24.49 times. This raises questions about the sustainability of such high valuations, especially given the flat financial trend designation and recent technical weakness in the stock price.In summary, while Tenneco Clean Air India Ltd has demonstrated strong performance in terms of profit and revenue growth, the elevated valuation multiples warrant cautious consideration for potential investors.

Q: Should I buy, sell or hold Tenneco Clean Air India Ltd?

Based on the current information, it would be advisable to hold your position in Tenneco Clean Air India Ltd. The company demonstrates strong long-term fundamental strength, being net-debt free, which is a positive indicator of financial health. Additionally, the increase in institutional holdings suggests confidence from larger investors who have the resources to analyze the company's fundamentals effectively.While the company has a high valuation with a Price to Book Value of 19.5 and an average Return on Equity (ROE) of 0%, it has shown profit growth of 13% over the past year. However, the flat results reported in March indicate that there may be some short-term challenges.Given these factors, maintaining your investment for now seems prudent, especially considering the company's significant position in the sector and its overall stability.

Results Declared: Tenneco Clean has declared results on 01 Jun 2026! Click here to unlock the latest financial performance

Technical Trend Update: Tenneco Clean witnessed a change in Technical Grade on 02 Jun 2026. Click here to discover latest technical change!

Mojo Score Change: Tenneco Clean has changed its score on 01 Jun 2026. Click here to unlock latest mojo score!

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

4.08 lacs (-63.26%) Volume

Shareholding (Mar 2026)

FII

8.94%

Held by 53 FIIs

DII

12.58%

Held by 24 DIIs

Promoter

74.79%

Are Tenneco Clean Air India Ltd latest results good or bad?

02-Jun-2026

Tenneco Clean Air India Ltd's Q4 FY26 results are strong, with a 40.35% quarter-on-quarter net profit increase and a healthy operating margin of 16.57%. However, the stock's high valuation raises concerns about sustainability, suggesting potential investors should proceed with caution.

View full answer

Should I buy, sell or hold Tenneco Clean Air India Ltd?

03-Jun-2026

Why is Tenneco Clean Air India Ltd falling/rising?

03-Jun-2026

As of 02-Jun, Tenneco Clean Air India Ltd's stock price is rising to Rs 578.30, up 3.72% after a trend reversal. Despite a decline in investor participation, strong institutional backing and a favorable market position support the stock's upward movement.

View full answer

Which are the latest news on Tenneco Clean?

03-Jun-2026

Tenneco Clean Air India Ltd Shows Mildly Bullish Momentum Amid Technical Shifts
Are Tenneco Clean Air India Ltd latest results good or bad?

Compare Tenneco Clean with Similar Stocks

Timken India Grindwell Norton Carborundum Uni.

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 0%

The company is Net-Debt Free

Flat results in Mar 26

With ROE of 52.1, it has a Very Expensive valuation with a 19.1 Price to Book Value

High Institutional Holdings at 21.52%

With its market cap of Rs 23,391 cr, it is the second biggest company in the sector (behind Thermax)and constitutes 9.01% of the entire sector

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

Industrial Products

Market cap

INR 23,659 Cr (Small Cap)

P/E

37.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

-0.43

Return on Equity

52.09%

Price to Book

19.53

Revenue and Profits:

Net Sales:

1,552 Cr

(Quarterly Results - Mar 2026)

Net Profit:

167 Cr

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

2.19%

6 Months

15.89%

1 Year

0.0%

2 Years

0.0%

3 Years

0.0%

4 Years

0.0%

5 Years

0.0%

Tenneco Clean for the last several years.

Risk Adjusted Returns v/s

Returns Beta

Beta has not been calculated since enough price history is not available

News & Corporate Actions

News

Tenneco Clean Air India Ltd Shows Mildly Bullish Momentum Amid Technical Shifts

Tenneco Clean Air India Ltd, a small-cap player in the industrial products sector, has exhibited a notable shift in price momentum, moving from a sideways trend to a mildly bullish stance. Despite mixed signals from key technical indicators such as MACD, RSI, and moving averages, the stock’s recent 3.72% intraday gain to ₹578.30 reflects growing investor interest amid a volatile market backdrop.

Read full news article

Are Tenneco Clean Air India Ltd latest results good or bad?

Tenneco Clean Air India Ltd's latest financial results for Q4 FY26 reflect a notable operational performance. The company reported net sales of ₹1,552.45 crores, which represents a quarter-on-quarter growth of 20.79% and a year-on-year increase of 17.09%. This sequential growth marks the highest quarterly revenue in recent periods, indicating robust demand dynamics in the industrial products segment. Net profit for the same quarter reached ₹166.58 crores, showcasing a significant quarter-on-quarter increase of 40.35% and an 18.87% rise year-on-year. The operating margin remained stable at 16.57%, slightly down from the previous quarter, but the absolute operating profit before depreciation, interest, and tax (excluding other income) rose to ₹257.29 crores, reflecting strong operational execution. The company's return on capital employed (ROCE) was exceptionally high at 142.88%, highlighting superior asset...

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Tenneco Clean Air India Ltd is Rated Hold by MarketsMOJO

Tenneco Clean Air India Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 01 June 2026. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 02 June 2026, providing investors with the latest insights into the company’s performance and outlook.

Read full news article

Announcements

Announcement under Regulation 30 (LODR)-Newspaper Publication

01-Jun-2026 | Source : BSE

Please find attached the Newspaper Publication of the standalone and consolidated financial results for quarter and year ended March 31 2026.

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

01-Jun-2026 | Source : BSE

Please find attached the Investor Meet Intimation.

Announcement under Regulation 30 (LODR)-Resignation of Director

31-May-2026 | Source : BSE

Please find attached the letter.

Corporate Actions

BOARD MEETING

No Upcoming Board Meetings

DIVIDEND

No Dividend history available

SPLITS

No Splits history available

BONUS

No Bonus history available

RIGHTS

No Rights history available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

EBIT Growth (5y)

EBIT to Interest (avg)

29.74

Debt to EBITDA (avg)

Net Debt is too low

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

4.18

Tax Ratio

25.89%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

21.52%

ROCE (avg)

99.38%

ROE (avg)

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

19.15

EV to EBIT

27.41

EV to EBITDA

24.21

EV to Capital Employed

33.07

EV to Sales

4.15

PEG Ratio

Dividend Yield

ROCE (Latest)

120.65%

ROE (Latest)

52.09%

Technicals key factors

Indicator

Weekly

Monthly

MACD

RSI

No Signal

Bollinger Bands

Mildly Bullish

KST

Dow Theory

Mildly Bearish

Bullish

OBV

Mildly Bearish

Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Mar 2026

Shareholding Compare (%holding)

Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 27 Schemes (7.64%)

FIIs

Held by 53 FIIs (8.94%)

Promoter with highest holding

Tenneco Mauritius Holdings Limited (60.22%)

Highest Public shareholder

Axis Mutual Fund Trustee Limited A/c Axis Mutual Fund A/c Axis Small Cap Fund (1.65%)

Individual Investors Holdings

2.59%

Financial

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Quarterly Results Snapshot (Standalone) - Mar'26 - QoQ

Mar'26

Dec'25

Change(%)

Net Sales

672.61

507.38

32.57%

Operating Profit (PBDIT) excl Other Income

139.03

101.35

37.18%

Interest

4.09

3.72

9.95%

Exceptional Items

0.00

-8.53

100.00%

Standalone Net Profit

91.97

60.10

53.03%

Operating Profit Margin (Excl OI)

20.67%

19.98%

0.69%

Values in Rs Cr.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Mar 2026 is 32.57% vs -6.40% in Dec 2025

Standalone Net Profit

QoQ Growth in quarter ended Mar 2026 is 53.03% vs -93.60% in Dec 2025

All Quarterly Results

Half Yearly Results Snapshot (Standalone) - Sep'25

Sep'25

Sep'24

Change(%)

Net Sales

1,108.53

1,148.36

-3.47%

Operating Profit (PBDIT) excl Other Income

230.63

233.33

-1.16%

Interest

8.63

7.04

22.59%

Exceptional Items

0.00

Standalone Net Profit

1,050.77

154.75

579.01%

Operating Profit Margin (Excl OI)

20.81%

20.32%

0.49%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Half Yearly Results

Nine Monthly Results Snapshot (Standalone) - Dec'25

Dec'25

Dec'24

Change(%)

Net Sales

1,615.91

1,627.11

-0.69%

Operating Profit (PBDIT) excl Other Income

331.98

336.33

-1.29%

Interest

12.35

10.72

15.21%

Exceptional Items

-8.53

0.00

Standalone Net Profit

1,110.87

219.97

405.01%

Operating Profit Margin (Excl OI)

20.54%

20.67%

-0.13%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Nine Monthly Results

Annual Results Snapshot (Standalone) - Mar'26

Mar'26

Mar'25

Change(%)

Net Sales

2,288.52

2,236.76

2.31%

Operating Profit (PBDIT) excl Other Income

471.01

468.07

0.63%

Interest

16.44

14.72

11.68%

Exceptional Items

-8.53

0.00

Standalone Net Profit

1,202.84

306.08

292.98%

Operating Profit Margin (Excl OI)

20.58%

20.93%

-0.35%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Annual Results

Company CV

About Tenneco Clean Air India Ltd

Tenneco Clean Air India Ltd

Small Cap

Industrial Products

No Details Available.

Company Coordinates

No Company Details Available