Tenneco Clean Air India Limited · NSE:TENNIND
Tenneco Clean Air India — Q4 FY2026 Earnings Presentation
27 slides from Tenneco Clean Air India's earnings presentation, Jun 2, 2026
Slide 1: Stock exchange cover letter for investor presentation
TENNECO CLEAN AIR INDIA LIMITED (formerly known as Tenneco Clean Air India Private Limited) CIN: L29308TN2018FLC126510 Telephone: +2135 612501/506 Email: Tennecoindiainfo@tenneco.com Website: www.tennecoindia.com Date: June 2, 2026 To To National Stock Exchange of India Limited BSE Limited Exchange
Slide 2: Q4 & FY2026 Sustained Growth and Value Creation
Q4 & FY2026 Sustained Growth and Value Creation Investor Presentation June 2026 1
Slide 3: Disclaimer
Disclaimer Important Disclosures and Forward-Looking Statement This presentation and the accompanying slides (the “Presentation”), prepared by Tenneco Clean Air India Limited (the “Company” or “TCAIL”), is furnished solely for informational purposes without regard to any specific investment objectiv
Slide 4: Successful IPO Amid Challenging Market Conditions
Successful IPO Amid Challenging Market Conditions Tenneco Clean Air India IPO, Nov 19, 2025 3
Slide 5: Strong Post-IPO Performance
Strong Post-IPO Performance Blockbuster Start, Continued Market Outperformance Strong IPO Performance Strong Post-IPO Outperformance vs Market and Sector 61.8x Share Performance Chart (19th Nov 2025-25th May 2026) – Rebased to 100 Strong Overall IPO Subscription 140 130 56% 126 120 Share price growt
Slide 6: Tenneco Clean Air India Limited
Tenneco Clean Air India Limited Our leadership advantage gives us legitimacy to grow faster All numbers in INR million, unless specified Our Leadership Advantage 45 + 1 Top 2 2 119 17 Countries 12 2 Years of operations Market position across key segments1 Customers served Exported Manufacturing faci
Slide 7: Building A Resilient, Diversified And Execution Led Business Model
Building A Resilient, Diversified And Execution Led Business Model CEO Update Operational “Over the past few years, the team has worked diligently to build a resilient, diversified, and execution led business model. This was Highlights clearly demonstrated during the quarter and the year under revie
Slide 8: Profitable Growth with Strong Returns and Balance Sheet Discipline
Profitable Growth with Strong Returns and Balance Sheet Discipline CFO Update Operational Highlights “We delivered a resilient and healthy operating performance during the quarter and the year under review, reflecting the strength of our underlying business model. EBITDA for the quarter stood at INR
Slide 9: Financial Highlights Q4 & FY2026
FINANCIAL HIGHLIGHTS Q4 & FY2026 8
Slide 10: Q4 & FY2026 Strong Growth, Healthy Margins and Order Momentum
Q4 & FY2026 Strong Growth, Healthy Margins / Cash Flows and Robust Order Momentum Key Highlights Strong Growth: New business wins validate market leading position All numbers in INR million, unless specified • Market volume outperformance: VAR¹ +12.3% (FY2026) and +17.5% (Q4) vs volume growth of 10%
Slide 11: Strong Order book
Strong Order book Robust Order Book Driving Multi-Year Revenue Visibility All numbers in INR million, unless specified Order Book Growth 34,654 60,254 124,000 98,400 Orderbook as at 30 September 2025 Net Additions SOP Started Orderbook as at 31 March 2026 Notes: • Lifetime order book includes all or
Slide 12: Quarterly Performance (Q4 FY2026)
Quarterly Performance (Q4 FY2026) All numbers in INR million, unless specified Revenue from Operations VAR +17.1% +17.5% 15,524 14,058 ▪ VAR grew 17.5% YoY, driven 13,259 11,963 11,941 12,853 by higher volumes and new program wins. ▪ EBITDA grew 17.6%, supported by strong topline Q4 FY25 Q3 FY26 Q4
Slide 13: Annual Performance (FY2026)
Annual Performance (FY2026) All numbers in INR million, unless specified Revenue from Operations VAR +10.5% +12.3% ▪ VAR grew 12.3% YoY, On the 54,040 back of higher volumes and 48,904 49,180 43,801 new program wins. ▪ EBITDA grew 13.5%, on the back of P3 operating model driven efficiency improvemen
Slide 14: Key Metrics (FY2026)
Key Metrics (FY2026) Our robust ratios reflect financial strength, operational and capital efficiency Net Debt/Equity Fixed Asset Turnover Net Working Capital Days (Excluding Cash) FY25 FY26 FY25 FY26 -0.2 9.6 -4 -0.4 -8 8.4 FY25 FY26 ROE (%) ROCE (%) Cash Conversion Cycle Days FY25 FY26 43% 43% 94%
Slide 15: Key Structural Highlights
Key Structural Highlights Te n n e c o C l e a n A i r I n d i a L i m i t e d 14
Slide 16: Why Tenneco India
Why Tenneco India Our Key Differentiators Extremely well placed to leverage trends towards premiumization, tightening emission standards. Positioning India operations as global export hub with global manufacturing standards 1 2 3 4 5 6 Strong Global Strategically Innovation- Flexible and Strong fina
Slide 17: Tenneco Group
Tenneco Group Global Parentage: Scale, Technology Leadership and Governance Strength Tenneco Group Global Presence ▪ Global Tier 1 player and market-leading automotive component supplier ▪ Trusted partner of choice with long-term customer relationships across 100+ 28 US$16,777 Mn 180 Countries1 CY24
Slide 18: Diverse product offerings for key end markets
Diverse product offerings for key end markets 49.4% Clean Air and Powertrain Solutions 50.6% Advanced Ride Technologies Hot End / DOC & SDPF system Cold End / Mufflers and resonators Shock absorbers & Shock absorbers & strut assembly strut assembly-semi active Hot gasket Heat shield Shock absorbers
Slide 19: Market Leadership
Market Leadership Ensuring a leadership or a top 2 position in every end market segment we service Passenger vehicles #1 #2 Leader & Top 2 with 52%, 44% 3% market share4 in Shock 4% absorbers & Struts and 7% Advanced Ride Technologies products Engine bearings Engine Bearings, respectively Commercial
Slide 20: Long Standing Relationships and Revenue Profile
Long Standing Relationships and Revenue Profile Customized & technology intensive nature of products and time-consuming approval processes ensures sticky customers We Serve All Top 7 PV OEMs1 and All Top 5 CV OEMs1 in India OEM 1 OEM 2 OEM 3 OEM 4 OEM 5 29 years 28 years 27 years 18 years 17 years #
Slide 21: Customers Rewards and Recognitions - FY2026
Customers Rewards and Recognitions - FY2026 Daimler: Quality Kirloskar Oil Engines: NPD Volvo Eicher: Efficiency Toyota Kirloskar : Zero Defect Albonair: Quality Isuzu: Quality 20
Slide 22: Innovation Focused Strategy
Innovation Focused Strategy Adapting Global Technology For Indian Needs And Price Points Collaborative Product Pioneer BS6-Compliant India’s First Electronic Suspension Development with an Indian OEM Solutions in India System for Mahindra’s EV models Co-Developed a “C-type” exhaust Utilized Tenneco’
Slide 23: Optimizing Capacity Through Focused Capex
Optimizing Capacity Through Focused Capex 12 Manufacturing Facilities and 2 R&D Centers Of Global Standards % Capacity utilization 3 Mn | 2 Mn 21 Mn Cold Ends | Hot Ends Struts & Shock Absorbers Installed Capacity Installed Capacity 51% 78% 90.0% Parwanoo Clean Air and Powertrain Solutions Advanced
Slide 24: Enhanced Asset Efficiency, Cash Flow Generation and ROCE
Enhanced Asset Efficiency, Cash Flow Generation and ROCE Fixed Asset Turnover Ratio1 Free Cash Flow / EBITDA3 No. of times % 10 83.1% 9 63.7% 61.0% 57.7% 8 8 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 Cash Conversion Cycle2 Return on Capital Employed No. of days % FY23 FY24 FY25 FY26 94.2% 0 56.8% -5 4
Slide 25: Qualified And Experienced Board Of Directors
Qualified And Experienced Board Of Directors 31+ 21+ 40+ Years of Years of Years of experience experience experience Niranjan Kumar Gupta Jaidit Singh Brar Gopika Pant Chairman, Independent Director Independent Director Chairman CFO, Hindustan Unilever Limited Ex-Senior Partner, McKinsey & Managing
Slide 26: Supported by Strong Management team
Supported by Strong Management team 22+ 28+ 19+ Years of Years of Years of experience experience experience Arvind Chandrasekharan Mahender Chhabra Rishi Verma WTD and CEO CFO President – India Motherson HMD Microsoft Bharti Pepsi National Dana India Walker Faurecia WABCO Minda Engineering Technical
Slide 27: 1ENNECO
1ENNECO
Tenneco Clean Air India — Q4 FY2026 Earnings Presentation on 6ix