Tenneco Clean Air India (NSE:TENNIND) ROCE %: 72.75% (As of Mar. 2026)


NSE:TENNIND Tenneco Clean Air India Ltd NSE:TENNIND
19 GF Score
Price ₹592.40
! 4 Warning Signs
View Full Analysis

What is Tenneco Clean Air India ROCE %?

Tenneco Clean Air India NSE:TENNIND +2.04% 19 ROCE % is 72.75% as of Mar. 2026. GuruFocus rates NSE:TENNIND with a GF Score™ of 19/100. The stock has 4 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Tenneco Clean Air India's annualized ROCE % for the quarter that ended in Mar. 2026 was 72.75%.

Tenneco Clean Air India  (NSE:TENNIND) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Tenneco Clean Air India ROCE % Related Terms

Tenneco Clean Air India ROCE % Historical Data

* Premium members only.

The historical data trend for Tenneco Clean Air India's ROCE % 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 ROCE % Chart

Tenneco Clean Air India Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROCE %
42.02 50.44 55.48 56.58

Tenneco Clean Air India Quarterly Data
Mar23 Mar24 Jun24 Dec24 Mar25 Jun25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial 0.00 47.32 55.73 40.83 72.75
NSE:TENNIND
19GF Score
Tenneco Clean Air India Ltd NSE:TENNIND
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tenneco Clean Air India ROCE % Calculation

Tenneco Clean Air India's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=8490.85/( ( (28315.84 - 11501.65) + (25370.91 - 12172.64) )/ 2 )
=8490.85/( (16814.19+13198.27)/ 2 )
=8490.85/15006.23
=56.58 %

Tenneco Clean Air India's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=9601.32/( ( (0 - 0) + (25370.91 - 12172.64) )/ 1 )
=9601.32/( ( 0 + 13198.27 )/ 1 )
=9601.32/13198.27
=72.75 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 72.75% mean?
Tenneco Clean Air India (NSE:TENNIND) has a ROCE % of 72.75% as of Mar. 2026.
Is Tenneco Clean Air India's ROCE % too high?
Tenneco Clean Air India's current ROCE % is 72.75%. The Vehicles & Parts industry median ROCE % is 7.94. Tenneco Clean Air India's value of 72.75% is 816.2% above this industry median. 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 ROCE % compare to ORLY and AZO?
Tenneco Clean Air India's ROCE % of 72.75% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. Tenneco Clean Air India's value of 72.75% is 816.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.94, based on 1,319 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tenneco Clean Air India's current ROCE % of 72.75% is 816.2% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Vehicles & Parts industry, the median ROCE % is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenneco Clean Air India's current ROCE % is 72.75%. 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 ROCE % of 72.75%. The current ROCE % is 72.75% and 816.2% above the Vehicles & Parts industry median of 7.94. Tenneco Clean Air India's overall GF Score™ is 19/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Tenneco Clean Air India (NSE:TENNIND), the current ROCE % is 72.75% 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

Get the complete analysis for NSE:TENNIND

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹592.40
Price