Synopsis:
Goldman Sachs’ recent investment has put this company in the spotlight; the move suggests that the investment bank sees potential in its growth stories.
The shares of this company, which is a subsidiary of Tenneco Inc., a global leader in designing and manufacturing clean air and powertrain products for automotive applications, were in focus today as the company witnessed a stake acquisition from one of the biggest investment banking giants, Goldman Sachs.
With a market cap of Rs 20,271 crore, the shares of Tenneco Clean Air India Ltd soared more than 4.25% and made a high of Rs 512.10 when compared to its previous day closing price of Rs 491.20. The shares were listed on Wednesday and had given a listing gain of around 27%.
About the stake acquisition
Goldman Sachs FDS Goldman Sachs India EQ Portfolio, one of the world’s most influential investment banks, made a fresh bet on the Indian market by picking up 21.82 lakh shares of Tenneco Clean Air India Ltd. The firm paid an average of Rs 508.21 per share, taking the total deal value to about Rs 110.94 crore. This sizeable purchase shows that Goldman Sachs sees meaningful potential in Tenneco’s clean-air and auto-component business.
Moves like this from global investors often boost confidence in a company and can spark renewed interest among other market participants. For Tenneco, the entry of such a heavyweight adds credibility to its growth story and puts the stock firmly on the radar of big institutional players.
Financials and others
The revenue from operations for the company stands at Rs 4,890 crore in FY25 compared to Rs 5,468 crore in FY24, which is a fall of about 10.5 per cent on a YoY basis.
However, the net profit tells a different story, which stands at Rs 553 crore in FY25, up from Rs 417 crore in FY24, with a growth of 33 per cent. The shares have an ROCE and ROE of 57.3% and 42.6%, respectively.
Tenneco Clean Air India Limited is part of the global Tenneco family, a well-known name in clean-air and powertrain technologies. The company plays an important role in delivering emission-control solutions for both passenger cars and commercial vehicles in India. Its systems help automakers meet tough standards like Bharat Stage VI, reflecting its strong focus on sustainability and regulatory compliance. With manufacturing units positioned across key automotive hubs, Tenneco Clean Air India supports major OEMs while also contributing to the country’s shift toward cleaner mobility.
The company offers a wide range of clean-air components, including catalytic converters, diesel particulate filters, mufflers, and exhaust pipes. It operates through two main divisions, Clean Air & Powertrain Solutions and Advanced Ride Technologies, which produces shock absorbers, struts, and modern suspension systems.
As of March 31, 2025, Tenneco Clean Air India operated 12 manufacturing facilities across seven states and one union territory, supported by a strong team of engineers and R&D specialists. This setup enables the company to serve leading OEMs efficiently and reliably.
Written by Leon Mendonca
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