Tenneco Clean Air India (NSE:TENNIND) Gross Margin %: 34.99% (As of Mar. 2026) — 21% Above Median

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NSE:TENNIND Tenneco Clean Air India Ltd NSE:TENNIND
19 GF Score
Price ₹554.40
! 2 Warning Signs
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What is Tenneco Clean Air India Gross Margin %?

Tenneco Clean Air India NSE:TENNIND -0.63% 19 Gross Margin % is 34.99% as of Mar. 2026, which is 21% above its 10-year median of 28.96. GuruFocus rates NSE:TENNIND with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 1,307 Vehicles & Parts companies, Tenneco Clean Air India ranks better than 78.5% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Tenneco Clean Air India's Gross Profit for the three months ended in Mar. 2026 was ₹5,432 Mil. Tenneco Clean Air India's Revenue for the three months ended in Mar. 2026 was ₹15,524 Mil. Therefore, Tenneco Clean Air India's Gross Margin % for the quarter that ended in Mar. 2026 was 34.99%.


The historical rank and industry rank for Tenneco Clean Air India's Gross Margin % or its related term are showing as below:

NSE:TENNIND' s Gross Margin % Range Over the Past 10 Years
Min: 21.79   Med: 28.96   Max: 35.05
Current: 33.88


During the past 4 years, the highest Gross Margin % of Tenneco Clean Air India was 35.05%. The lowest was 21.79%. And the median was 28.96%.

NSE:TENNIND's Gross Margin % is ranked better than
78.5% of 1307 companies
in the Vehicles & Parts industry
Industry Median: 19.89 vs NSE:TENNIND: 33.88

Tenneco Clean Air India had a gross margin of 34.99% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Tenneco Clean Air India was 0.00% per year.


Tenneco Clean Air India  (NSE:TENNIND) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Tenneco Clean Air India had a gross margin of 34.99% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Tenneco Clean Air India Gross Margin % Related Terms


Tenneco Clean Air India Gross Margin % Historical Data

* Premium members only.

The historical data trend for Tenneco Clean Air India's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tenneco Clean Air India Gross Margin % Chart

Tenneco Clean Air India Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Gross Margin %
23.79 21.79 34.13 35.05

Tenneco Clean Air India Quarterly Data
Mar23 Mar24 Jun24 Dec24 Mar25 Jun25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial 33.90 34.92 30.96 35.44 34.99

NSE:TENNIND vs ORLY, AZO: Gross Margin % Comparison

For the Auto Parts subindustry, Tenneco Clean Air India's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tenneco Clean Air India Gross Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tenneco Clean Air India's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Tenneco Clean Air India's Gross Margin % falls into.


NSE:TENNIND
19GF Score
Tenneco Clean Air India Ltd NSE:TENNIND
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tenneco Clean Air India Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Tenneco Clean Air India's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=18940.4 / 54039.76
=(Revenue - Cost of Goods Sold) / Revenue
=(54039.76 - 35099.32) / 54039.76
=35.05 %

Tenneco Clean Air India's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=5432.4 / 15524.49
=(Revenue - Cost of Goods Sold) / Revenue
=(15524.49 - 10092.05) / 15524.49
=34.99 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 34.99% mean?
Tenneco Clean Air India (NSE:TENNIND) has a Gross Margin % of 34.99% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Tenneco Clean Air India and its competitors. This is 21% above median its historical median of 28.96. Over the past decade, Tenneco Clean Air India's Gross Margin % has ranged from 21.79 to 35.05. According to the industry distribution chart, Tenneco Clean Air India ranks #281 out of 1307 companies in the Vehicles & Parts industry, placing it in the top 21.5%.
Is Tenneco Clean Air India's Gross Margin % too high?
Tenneco Clean Air India's current Gross Margin % of 34.99% is 21% above median its 10-year median of 28.96. Over the past 10 years, this metric has ranged from a low of 21.79 to a high of 35.05. The Vehicles & Parts industry median Gross Margin % is 19.89. Tenneco Clean Air India's value of 34.99% is 75.9% above this industry median. Based on the distribution chart, Tenneco Clean Air India ranks #281 out of 1307 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Tenneco Clean Air India has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Tenneco Clean Air India's Gross Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Tenneco Clean Air India ranks #281 out of 1307 companies for Gross Margin %. This places Tenneco Clean Air India in the top 22% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 19.89. Tenneco Clean Air India's value of 34.99% is 75.9% above this benchmark. Historically, Tenneco Clean Air India's own Gross Margin % has ranged from 21.79 to 35.05 over the past decade. While the company's 10-year median is 28.96 vs. the industry median of 19.89, Tenneco Clean Air India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.89, based on 1,307 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tenneco Clean Air India's current Gross Margin % of 34.99% is 75.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Tenneco Clean Air India and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenneco Clean Air India's current Gross Margin % is 34.99%, which is 21% above median its own 10-year median of 28.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenneco Clean Air India stock overvalued right now?
Tenneco Clean Air India (NSE:TENNIND) has a current Gross Margin % of 34.99%. The current Gross Margin % is 34.99%, which is 21% above median its 10-year median of 28.96 and 75.9% above the Vehicles & Parts industry median of 19.89. Tenneco Clean Air India's overall GF Score™ is 19/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Tenneco Clean Air India (NSE:TENNIND), the current Gross Margin % is 34.99% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tenneco Clean Air India Business Description

Other Exchanges 544612:India
Address Golf Course Road, 10th Floor, Tower B, Paras Twin Towers, Sector-54, Gurugram, HR, IND, 122 002
Tenneco Clean Air India Ltd manufactures and supplies critical, engineered and technology intensive clean air, powertrain and suspension solutions tailored for Indian OEMs and export markets. Its products are used in: (i) passenger vehicles, (ii) commercial vehicles, which comprises commercial trucks and off-highway vehicles, and (iii) industrial and other applications, which comprises generator sets, and small commercial vehicles. The company operates in two business divisions: Clean Air & Powertrain Solutions and Advanced Ride Technologies. It derives a majority portion of its revenue from the design, manufacture and sale of components and solutions to the Medium & Heavy Commercial Vehicles OEMs.
19GF Score

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