Questions across 3 calls

Vipul Agrawal

HSBC Bank

Tenneco Clean Air India Limited

Tenneco Clean Air India Limited CC-Jun26.pdf · 2026-06-03

Yeah, hi sir. Thanks for taking my question. So first question is on the margins part of the business. On the standalone margins, like it has improved by almost 200 bps, that's mostly from your Clean Air business despite the Clean Air business has, I woul d say, has a kind of lagged from the overall industry growth, like industry CV industry has grown by around 18%, but CV business had grown by around 10%, 11%. So maybe can you help us understand what are the key drivers for the margin expansion over here? Is it like seasonal or is it sustainable on quarter- on-quarter basis? How should we look at it?

Clean Air margins and growth both basically.

Tenneco Clean Air India Limited CC-Dec25.pdf · 2025-12-05

Hi, sir. Thank you for taking my question. My first question is on the capacity expansion side, like you highlighted earlier that you'll be extending capacity, almost doubling the capacity over the next three to five years. So, can you just talk about wher e are we right now? And if you're putting up new plants or expanding in the current capacity, maybe separately on clean air and suspensions both?

Yes, understood. So, thanks for that very detailed answer. Next question is on the export side, like, will you be disclosing your exports numbers in going forward, like, maybe separately for, like, you gave revenue numbers for clean air and suspension separately. Would it be possible to give separate export numbers as well for the sector of both segments?

Motherson Sumi Wiring India Limited

Motherson Sumi Wiring India Limited CC-Mar25.pdf · 2025-05-09

Yes. Hi. Thank you for taking my question. Sir, part of my question on localization has been answered, just want to understand a couple of points over there . In a layman's language like how does localization works in wire harnessing business, like what parts can be localized in India ? And to what extent it is possible to localize at all? And what are the margin, how the margin trajectory changes when localization improves?

And sir, how does it impact the margin trajectory, like is it accretive for both the OEMs and you? Or it is just you have to pass on the total benefit to the OEMs, how does that work in the localization?