Tenneco Clean Air India Ltd

The transcript from the earnings call does not explicitly mention any current or planned fundraising activities through debt or equity. Key points related to financial position and capital expenditure include: - The company is investing INR 710 million in a new greenfield plant at Kharkhoda, Haryana, expected to ramp up by Q3 FY27. - Capital expenditure plans for FY27 are under consideration and guidance will be shared in due course. - Strong order book provides 100% revenue coverage through FY 2028, supporting a double-digit CAGR. - The balance sheet remains healthy with strong returns on capital employed and effective working capital management. - No direct mention of raising funds via debt or equity in the current call; focus is on disciplined capital deployment and internal funding for growth. Hence, no announced or ongoing fundraising through debt or equity was disclosed as of February 16, 2026.

- New greenfield plant approved in Kharkhoda, Haryana for Clean Air and Powertrain business. - Capex investment of INR 710 million for this plant. - Investment to start within the current quarter. - Expected ramp-up of the new plant production in Q3 FY27. - Plant will enhance operational footprint and customer responsiveness, supporting awarded programs across light vehicles, off-highway, and tractor segments. - Capex expected to support strong double-digit CAGR growth for the next three years. - Steady-state revenue expected to be 3.5 to 4 times the capex invested. - Capacity utilization currently over 90%; investment needed for further ramp-up. - Future FY27 capex guidance to be shared soon as budgeting and planning are in progress.

- The company expects a strong double-digit CAGR in revenues over the next three years through FY28, significantly outpacing past growth (5.9% CAGR in FY23-FY25). - Their order book provides 100% revenue coverage through FY28, giving clear medium-term visibility. - Growth drivers include increasing content per vehicle, export momentum, and capturing white space in market share. - Exports are expected to grow at a very strong double-digit rate due to improved competitiveness from tariff reductions in the US and EU. - Both domestic and export markets will contribute to growth, with exports currently at about 20% of the order book and poised to expand further. - Ramp-up of new greenfield plant in Kharkhoda, Haryana, will support capacity to meet doubled-digit CAGR volume growth. - Recent strategic wins and RFQs from leading OEMs and improvements in Clean Air and Ride Technologies segments will drive volume and revenue increases.

- The company expects a double-digit CAGR in revenues over the next three years, supported by a strong order book providing 100% revenue coverage through FY2028. - EBITDA margins improved significantly, with a 400 basis points increase over FY23 to FY25, now above 18%. This improvement trend is anticipated to continue due to operational efficiencies and cost management. - Profit after tax showed a steady increase, with consistent growth seen in Q3 and 9MFY26, excluding one-time labour code charges. - Strong export growth, now about 20% of the order book, is expected to accelerate further due to tariff reductions in the US and EU, which will enhance competitiveness and margins. - Capacity expansion with new plant investments (INR 710 million in Kharkhoda) supports growth, with steady-state revenues expected 3.5 to 4 times the capex within 18-24 months. - Overall outlook points to sustainable margin improvements and strong profit growth fueled by volume growth, product mix, and export scaling.

- The current order book provides 100% revenue coverage through FY 2028, offering clear medium-term visibility with a double-digit CAGR outlook over the next three years. - Exports now account for 20% of the total order book, up from 5% noted in the red herring prospectus, showing strong export momentum. - The order book is well balanced across Clean Air, Powertrain, and Advanced Ride Technologies. - Management plans to publish order book details every six months; the next update is expected around three months after the financial year-end. - Recent wins and strong order bookings indicate robust demand both domestically and from exports. - The strong order book supports a faster growth trajectory compared to the previous three years (FY23-FY25). - The company notes favorable tariff reductions in key export markets (US and EU) are enhancing competitiveness, contributing to export order growth.