The document is the transcript of the Earnings Conference Call for Analysts and Investors held on Thursday, November 5, 2026, at 3:00 PM IST.
The event was a post-results investor interaction held after the declaration of Q2 FY26-27 results.
The stated purpose of the call was to provide a business and financial update for Q2 and H1 FY27.
Management participants included Mr. Arvind Chandra (Whole-Time Director and CEO), Mr. Mahender Chhabra (CFO), and Ms. Roopali Singh (General Counsel and Company Secretary).
A detailed presentation on the financial performance was made available on the company's website and stock exchange websites.
The company indicated that a cautionary statement was included in the presentation, but no specific statement about sharing unpublished price sensitive information (UPSI) was mentioned in the transcript.
Financial Highlights & Guidance (As Disclosed)
Q2 FY27 Performance: Revenue from operations increased 34.2% YoY to INR 17,183 million. Value-Added Revenue (VAR) grew 32.2% YoY to INR 15,229 million. Volume growth was 25.4% YoY.
H1 FY27 Performance: Revenue from operations stood at INR 32,631 million (up 27.2% YoY). VAR reached INR 29,044 million (up 25.3% YoY).
Segment-wise VAR Growth (Q2): Clean Air and Powertrain Solutions VAR was INR 7,218 million (up 26.6% YoY). Advanced Ride Technologies VAR was INR 8,010 million (up 37.8% YoY).
Profitability (Q2): EBITDA increased 28.7% YoY to INR 2,616 million, with an EBITDA margin of 17.2% on VAR. Profit After Tax (PAT) stood at INR 1,734 million (up 15% YoY).
Profitability (H1): EBITDA was INR 5,085 million (up 14.1% YoY), with a margin of 17.5% on VAR. PAT was INR 3,386 million (up 6.2% YoY). The PAT growth was impacted by a one-time interest income benefit of ~INR 254 million (net of tax) in H1 of the previous year.
Order Book: The lifetime order book stood at approximately INR 165,000 million at the end of H1, providing more than 100% coverage of the FY2030 revenue target. The export portion of this order book was INR 8,750 million.
Capex Guidance: The company reiterated its capital expenditure guidance of INR 350-450 million for FY27.
Market Share: Based on a Crisil Research Report, market share in clean air solutions for the commercial truck segment increased to 59% in H1 FY27 (from 58% in FY26). Market share in passenger vehicle shock absorbers and struts (ART business) is approximately 55% (up from 48% a year and a half ago).
Additional Notes Section
The document is an enclosure to a regulatory filing submitted to the National Stock Exchange of India Limited and BSE Limited.
The transcript was filed pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The transcript is also available on the Company's website at https://tennecoindia.com/investor-relations/.
The document contains the full Q&A session from the earnings call, where management addressed queries on margins, exports, capacity expansion, dividend policy, and commodity cost pressures.
No financial data was disclosed for the first time in this announcement; it is a transcript of a call discussing already declared results.
