Tenneco Clean Air India (NSE:TENNIND) ROE %: 55.65% (As of Mar. 2026) — 38% Above Median


NSE:TENNIND Tenneco Clean Air India Ltd NSE:TENNIND
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What is Tenneco Clean Air India ROE %?

Tenneco Clean Air India NSE:TENNIND +0.18% 30 ROE % is 55.65% as of Mar. 2026, which is 38% above its 10-year median of 40.36. GuruFocus rates NSE:TENNIND with a GF Score™ of 30/100. The stock has 4 warning signs investors should review. Among 1,308 Vehicles & Parts companies, Tenneco Clean Air India ranks better than 95.95% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Tenneco Clean Air India's annualized net income for the quarter that ended in Mar. 2026 was ₹6,663 Mil. Tenneco Clean Air India's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹11,974 Mil. Therefore, Tenneco Clean Air India's annualized ROE % for the quarter that ended in Mar. 2026 was 55.65%.

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

NSE:TENNIND' s ROE % Range Over the Past 10 Years
Min: 30.8   Med: 40.36   Max: 43
Current: 30.8

During the past 4 years, Tenneco Clean Air India's highest ROE % was 43.00%. The lowest was 30.80%. And the median was 40.36%.

NSE:TENNIND's ROE % is ranked better than
95.95% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 6.59 vs NSE:TENNIND: 30.80

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

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=6663.04/11973.99
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(6663.04 / 62097.96)*(62097.96 / 25370.91)*(25370.91 / 11973.99)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.73 %*2.4476*2.1188
=ROA %*Equity Multiplier
=26.26 %*2.1188
=55.65 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=6663.04/11973.99
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (6663.04 / 9251.04) * (9251.04 / 9145.16) * (9145.16 / 62097.96) * (62097.96 / 25370.91) * (25370.91 / 11973.99)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7202 * 1.0116 * 14.73 % * 2.4476 * 2.1188
=55.65 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Tenneco Clean Air India ROE % Related Terms


Tenneco Clean Air India ROE % Historical Data

* Premium members only.

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

Tenneco Clean Air India Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROE %
31.55 38.08 42.63 43.00

Tenneco Clean Air India Quarterly Data
Mar23 Mar24 Jun24 Dec24 Mar25 Jun25 Dec25 Mar26
ROE % Get a 7-Day Free Trial 0.00 34.82 41.76 29.57 55.65

NSE:TENNIND vs ORLY, AZO: ROE % Comparison

For the Auto Parts subindustry, Tenneco Clean Air India's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Vehicles & Parts Industry

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

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


NSE:TENNIND
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Tenneco Clean Air India Ltd NSE:TENNIND
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Tenneco Clean Air India ROE % Calculation

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

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=6035.8/( (16099.7+11973.99)/ 2 )
=6035.8/14036.845
=43.00 %

Tenneco Clean Air India's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=6663.04/( (0+11973.99)/ 1 )
=6663.04/11973.99
=55.65 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 55.65% mean?
Tenneco Clean Air India (NSE:TENNIND) has a ROE % of 55.65% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tenneco Clean Air India and its competitors. This is 38% above median its historical median of 40.36. Over the past decade, Tenneco Clean Air India's ROE % has ranged from 30.80 to 43.00. According to the industry distribution chart, Tenneco Clean Air India ranks #53 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 4.1%.
Is Tenneco Clean Air India's ROE % too high?
Tenneco Clean Air India's current ROE % of 55.65% is 38% above median its 10-year median of 40.36. Over the past 10 years, this metric has ranged from a low of 30.80 to a high of 43.00. The Vehicles & Parts industry median ROE % is 6.59. Tenneco Clean Air India's value of 55.65% is 744.5% above this industry median. Based on the distribution chart, Tenneco Clean Air India ranks #53 out of 1308 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 30/100, reflecting its overall financial health beyond just this single metric.
How does Tenneco Clean Air India's ROE % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Tenneco Clean Air India ranks #53 out of 1308 companies for ROE %. This places Tenneco Clean Air India in the top 4% of its industry — outperforming the majority of peers. The industry median ROE % is 6.59. Tenneco Clean Air India's value of 55.65% is 744.5% above this benchmark. Historically, Tenneco Clean Air India's own ROE % has ranged from 30.80 to 43.00 over the past decade. While the company's 10-year median is 40.36 vs. the industry median of 6.59, 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 ROE % for a Vehicles & Parts company?
The median ROE % among Vehicles & Parts companies is 6.59, based on 1,308 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tenneco Clean Air India's current ROE % of 55.65% is 744.5% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tenneco Clean Air India and its competitors. For the Vehicles & Parts industry, the median ROE % is 6.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenneco Clean Air India's current ROE % is 55.65%, which is 38% above median its own 10-year median of 40.36. 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 ROE % of 55.65%. The current ROE % is 55.65%, which is 38% above median its 10-year median of 40.36 and 744.5% above the Vehicles & Parts industry median of 6.59. Tenneco Clean Air India's overall GF Score™ is 30/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Tenneco Clean Air India (NSE:TENNIND), the current ROE % is 55.65% 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.
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