Tejas Networks Ltd.

•

tejasnetworks.comBSE: 540595NSE: TEJASNET

Market Cap₹ 10,254 Cr.

Current Price

High / Low₹ 645 / 294

Stock P/E0.0

Book Value₹ 148

Price to Book2.43

Dividend Yield0.00 %

ROCE-15.0 %

ROE-28.0 %

Face Value₹ 10

Add ratio to table

ABOUT

AI Sector View

AI GENERATED

Telecommunication

Hold

Telecom operating proxies are steady, with telecom subscriber base up 11.0% YoY (2026-06) and broadband subscriber base also up 11.0% YoY (2026-06). However, persistent FPI outflows of INR -11055 crore over 3 months to 2026-08-31 suggest weak investor appetite. That combination supports a neutral rather than positive stance.

Confidence

58%

View full sector analysis →

PROS

Strong cash generation - operating cash flow backs reported profits (CFO/PAT 6.30x)
Company has delivered good sales growth of 16.0% CAGR over last 5 years

CONS

Company is loss-making at the operating / net level
Receivables are growing faster than sales - a possible quality concern
Company has a low return on equity of -4.0% over last 3 years
Company has a low return on capital employed of 1.5%
Interest coverage is weak at -3.5x - earnings barely cover interest
Promoter holding has decreased over last 2 years: -2.2pp

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

TelecommunicationTelecomTelecommunication - Equipment

Part ofNIFTY TOTAL MKT NIFTY 500 NIFTY SMLCAP 250

S.No.	Name
1.	ITI	267.15	97.53	25670.09	0.00	-32.25	49.30	425.03	-14.65	0.28	0.48
2.	BBOX	762.80	59.94	13547.27	0.13	55.92	17.90	1718.50	23.92	22.50	8.67
3.	SEDEMAC	2849.95	121.53	12588.37	0.00	333.10	—	3097.70	—	37.22	19.10
4.	TEJASNET	575.85	0.00	10253.89	0.00	-202.24	-4.32	402.16	99.11	-14.93	-24.96
5.	KRONECOMM	2337.30	47.71	1075.16	1.07	8.58	72.64	63.41	40.79	31.44	17.09
6.	KAVDEFENCE	63.44	0.00	381.43	0.00	-12.11	-1223.38	14.43	269.05	8.44	-103.12
7.	PUNJCOMMU	61.93	13.56	74.46	0.00	2.87	718.86	5.83	-12.56	-0.52	13.75
8.	SHYAMTEL	11.52	0.00	12.98	0.00	-19.94	-405.32	0.00	—	0.00	—
9.	UNIINFO	11.25	0.00	12.03	0.00	0.14	440.00	8.36	-1.42	-0.99	5.29

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	167	395	565	1,170	1,495	2,654	2,497	1,801	202	256	305	331	402
	207	381	572	1,017	1,332	2,276	2,271	1,770	338	555	440	457	682
Operating Profit	-40	13	-7	153	163	378	226	31	-136	-299	-135	-126	-280
OPM %	-23.98%	3.33%	-1.26%	13.11%	10.90%	14.25%	9.06%	1.71%	-67.24%	-116.68%	-44.22%	-37.92%	-69.61%
	19	18	15	12	13	11	14	8	10	6	8	10	9
Interest	1	4	5	28	53	60	63	71	75	84	72	72	85
Depreciation	29	42	48	58	65	74	111	103	96	101	104	101	94
Profit before Tax	-51	-14	-45	236	124	411	211	-35	-297	-473	-303	-288	-271
Tax %	71.31%	34.65%	8.37%	36.40%	34.83%	35.28%	21.62%	-75.67%	34.79%	35.06%	35.06%	24.12%	25.32%
Net Profit	-15	-9	-41	150	81	266	165	-62	-194	-307	-197	-218	-202
	-0.87	-0.55	-2.44	8.81	4.75	15.53	9.42	-3.53	-10.99	-17.38	-11.11	-12.30	-11.37

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	862	743	894	386	524	549	871	2,474	8,916	1,101	1,295
	711	589	755	473	473	631	860	2,204	7,649	1,791	2,134
Operating Profit	151	154	139	-87	52	-82	11	270	1,267	-690	-839
OPM %	17.54%	20.73%	15.54%	-22.54%	9.85%	-14.86%	1.28%	10.90%	14.21%	-62.67%	-64.82%
	-20	27	93	34	26	43	110	65	45	34	33
Interest	31	13	17	8	4	3	5	38	247	303	313
Depreciation	56	61	66	77	52	77	105	182	353	403	401
Profit before Tax	44	107	149	-138	22	-118	11	114	711	-1,362	-1,335
Tax %	-89.95%	-0.45%	1.86%	-71.62%	-67.44%	46.06%	73.07%	24.83%	36.65%	32.69%	30.73%
Net Profit	83	107	147	-236	37	-64	3	85	451	-916	-925
EPS	12.58	11.79	15.33	-25.66	3.96	-6.07	0.19	5.00	25.56	-51.56	—
Dividend Payout %	0.00%	0.00%	6.25%	0.00%	0.00%	0.00%	0.00%	0.00%	9.78%	0.00%	—

COMPOUNDED SALES GROWTH

10 Years:: 6%
5 Years:: 16%
3 Years:: 8%

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: —
3 Years:: —

STOCK PRICE CAGR

10 Years:: —
5 Years:: 4%
3 Years:: -15%
1 Year:: -7%

RETURN ON EQUITY

10 Years:: 1%
5 Years:: -3%
3 Years:: -4%
Last Year:: -28%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	71	91	92	92	93	115	168	171	176	178
	503	1,043	1,197	950	1,003	1,442	2,760	3,021	3,530	2,661
	279	1	0	22	17	12	44	1,877	3,363	3,798
Trade Payables	108	105	164	78	98	117	307	1,850	1,191	487
	-31	-38	-10	56	46	312	73	1,295	2,350	2,072
Total Liabilities	930	1,202	1,442	1,198	1,258	1,998	3,352	8,214	10,611	9,195
	92	75	99	79	111	138	219	961	1,147	1,130
Capital Work in Progress	0	0	0	0	0	0	0	15	1	0
	5	87	97	62	48	413	557	352	500	376
	182	191	181	252	214	278	628	3,733	2,366	2,438
	0	0	0	0	0	0	0	1,408	4,444	3,256
Cash & Bank	70	235	123	143	217	345	731	297	333	132
	581	614	942	663	669	824	1,217	1,449	1,821	1,862
Total Assets	930	1,202	1,442	1,198	1,258	1,998	3,352	8,214	10,611	9,195

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	143	279	-57	11	162	-48	-382	-2,038	-493	134
Cash from Investing	-140	-219	-104	71	-167	-828	-609	431	-655	-764
Cash from Financing	-16	157	-11	-22	-3	840	1,011	1,714	1,286	397
	-19	184	-197	50	-14	-7	33	106	138	-233

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026

Shareholding Pattern

Numbers in percentages

Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
55.50	55.42	54.01	53.83	53.73	53.66	53.46	53.40	53.33
10.20	9.58	8.04	7.08	6.14	6.24	5.95	5.29	5.82
4.91	4.76	4.65	4.85	4.72	4.79	4.76	4.32	4.04
0.00	0.00	0.00	0.01	0.01	0.01	0.00	0.00	0.00
29.40	30.24	33.29	34.23	35.40	35.30	35.84	36.99	36.81

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-08-27

Bagging/Receiving of orders/contracts

2026-08-27 - Tejas Networks Limited has informed the Exchange about receipt of a Letter of Intent dated August 27, 2026, from Tata Consultancy Services Limited ( TCS ) for supply of RAN equipment, accessories & installation materials for BSNL 4G mobile network for 18,685 sites, valued at Rs.1537 Crores.

2026-08-19

Allotment of Securities

2026-08-19 - Tejas Networks Limited has informed the Exchange regarding allotment of 91,353 securities pursuant to ESOP / RSU on August 19, 2026

2026-08-03

Analysts/Institutional Investor Meet/Con. Call Updates

2026-08-03 - Tejas Networks Limited has informed the Exchange about Transcript

2026-07-29

Copy of Newspaper Publication

2026-07-29 - Tejas Networks Limited has informed the Exchange about Copy of Newspaper Publication of financials results for the quarter ended June 30, 2026

2026-07-28

Analysts/Institutional Investor Meet/Con. Call Updates

2026-07-28 - Tejas Networks Limited has informed the Exchange about Link of Recording of Earning call for the Q1 FY 27

2026-07-27

Investor Presentation

2026-07-27 - Tejas Networks Limited has informed the Exchange about Investor Presentation

2026-07-27

Press Release

2026-07-27 - Tejas Networks Limited has informed the Exchange regarding a press release dated July 27, 2026, titled "Tejas announces Q1FY27 results".

2026-07-27

ESOP/ESOS/ESPS

2026-07-27 - Tejas Networks Limited has informed the Exchange regarding Grant of 2000 RSUs.

2026-07-27

Change in Management

2026-07-27 - Tejas Networks Limited has informed the Exchange about change in Management

News

Recent coverage and analyst commentary for TEJASNET

Loading news…

🤖

AI Stock Analyst

Tejas Networks Ltd.

🔒

Sign in to Chat with AI

✨ Sign In to Chat

Free 5nance Account

Name

ITI

267.15

97.53

25670.09

0.00

-32.25

49.30

425.03

-14.65

0.28

0.48

BBOX

762.80

59.94

13547.27

0.13

55.92

17.90

1718.50

23.92

22.50

8.67

SEDEMAC

2849.95

121.53

12588.37

0.00

333.10

—

3097.70

—

37.22

19.10

TEJASNET

575.85

0.00

10253.89

0.00

-202.24

-4.32

402.16

99.11

-14.93

-24.96

KRONECOMM

2337.30

47.71

1075.16

1.07

8.58

72.64

63.41

40.79

31.44

17.09

KAVDEFENCE

63.44

0.00

381.43

0.00

-12.11

-1223.38

14.43

269.05

8.44

-103.12

PUNJCOMMU

61.93

13.56

74.46

0.00

2.87

718.86

5.83

-12.56

-0.52

13.75

SHYAMTEL

11.52

0.00

12.98

0.00

-19.94

-405.32

0.00

—

0.00

—

UNIINFO

11.25

0.00

12.03

0.00

0.14

440.00

8.36

-1.42

-0.99

5.29

Jun 2023

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

167

395

565

1,170

1,495

2,654

2,497

1,801

202

256

305

331

402

207

381

572

1,017

1,332

2,276

2,271

1,770

338

555

440

457

682

Operating Profit

-40

-7

153

163

378

226

-136

-299

-135

-126

-280

OPM %

-23.98%

3.33%

-1.26%

13.11%

10.90%

14.25%

9.06%

1.71%

-67.24%

-116.68%

-44.22%

-37.92%

-69.61%

Interest

Depreciation

111

103

101

104

101

Profit before Tax

-51

-14

-45

236

124

411

211

-35

-297

-473

-303

-288

-271

Tax %

71.31%

34.65%

8.37%

36.40%

34.83%

35.28%

21.62%

-75.67%

34.79%

35.06%

24.12%

25.32%

Net Profit

-15

-9

-41

150

266

165

-62

-194

-307

-197

-218

-202

-0.87

-0.55

-2.44

8.81

4.75

15.53

9.42

-3.53

-10.99

-17.38

-11.11

-12.30

-11.37

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

TTM

862

743

894

386

524

549

871

2,474

8,916

1,101

1,295

711

589

755

473

631

860

2,204

7,649

1,791

2,134

Operating Profit

151

154

139

-87

-82

270

1,267

-690

-839

OPM %

17.54%

20.73%

15.54%

-22.54%

9.85%

-14.86%

1.28%

10.90%

14.21%

-62.67%

-64.82%

-20

110

Interest

247

303

313

Depreciation

105

182

353

403

401

Profit before Tax

107

149

-138

-118

114

711

-1,362

-1,335

Tax %

-89.95%

-0.45%

1.86%

-71.62%

-67.44%

46.06%

73.07%

24.83%

36.65%

32.69%

30.73%

Net Profit

107

147

-236

-64

451

-916

-925

EPS

12.58

11.79

15.33

-25.66

3.96

-6.07

0.19

5.00

25.56

-51.56

—

Dividend Payout %

0.00%

6.25%

0.00%

9.78%

0.00%

—

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

Equity Capital

115

168

171

176

178

503

1,043

1,197

950

1,003

1,442

2,760

3,021

3,530

2,661

279

1,877

3,363

3,798

Trade Payables

108

105

164

117

307

1,850

1,191

487

-31

-38

-10

312

1,295

2,350

2,072

Total Liabilities

930

1,202

1,442

1,198

1,258

1,998

3,352

8,214

10,611

9,195

111

138

219

961

1,147

1,130

Capital Work in Progress

413

557

352

500

376

182

191

181

252

214

278

628

3,733

2,366

2,438

1,408

4,444

3,256

Cash & Bank

235

123

143

217

345

731

297

333

132

581

614

942

663

669

824

1,217

1,449

1,821

1,862

Total Assets

930

1,202

1,442

1,198

1,258

1,998

3,352

8,214

10,611

9,195

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

143

279

-57

162

-48

-382

-2,038

-493

134

Cash from Investing

-140

-219

-104

-167

-828

-609

431

-655

-764

Cash from Financing

-16

157

-11

-22

-3

840

1,011

1,714

1,286

397

-19

184

-197

-14

-7

106

138

-233

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

55.50

55.42

54.01

53.83

53.73

53.66

53.46

53.40

53.33

10.20

9.58

8.04

7.08

6.14

6.24

5.95

5.29

5.82

4.91

4.76

4.65

4.85

4.72

4.79

4.76

4.32

4.04

0.00

0.01

0.00

29.40

30.24

33.29

34.23

35.40

35.30

35.84

36.99

36.81

Tejas Networks Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI

Tejas Networks Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI