Tejas Networks Ltd
NSE:TEJASNET

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Tejas Networks Ltd
NSE:TEJASNET
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Price: 417.15 INR -5.56% Market Closed
Market Cap: 73.7B INR

Tejas Networks Ltd
Investor Relations

Tejas Networks Ltd., headquartered in India, has woven itself into the intricate tapestry of the telecommunications industry, primarily as a designer and manufacturer of high-performance optical and data networking products. The company was founded in the year 2000, a time when the dawn of the telecom revolution promised to transform connectivity across the globe. The founders identified a burgeoning need for agile, robust, and scalable network infrastructure solutions that could cater specifically to the diverse needs of emerging markets. Unlike established players who often imported tech to these markets, Tejas Networks carved a niche by creating products that were both globally competitive and regionally adaptable. This approach allowed them to pair sophisticated technology with cost-effective production strategies, giving them a competitive edge.

Tejas Networks generates its revenue primarily through the sale of its extensive range of networking products, which include optical networking, broadband access, and wireless solutions. Their business model is fundamentally anchored on leveraging its core strengths in R&D to foster innovation in product development. The company thrives on its ability to offer feature-rich products that enable telecom service providers, internet content providers, utilities, and enterprises to set up high-speed data networks. Importantly, Tejas does not merely stop at delivering these products; it also provides accompanying software and maintenance services that ensure continuous performance and scalability for its customers. This service-oriented approach creates a loyal customer base, smoothing revenue streams and often leading to long-term contracts that provide predictable and sustainable financial growth.

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TEJASNET
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Last Earnings Call
Fiscal Period
Q3 2026
Call Date
Jan 9, 2026
AI Summary
Q3 2026

Revenue Growth: Q3 revenue was INR 307 crores, up 17% from the previous quarter (INR 262 crores), mainly driven by wireline product sales to Indian private operators and international customers.

Continued Losses: The company reported a net loss of INR 197 crores for the quarter, continuing a trend of negative profitability.

Inventory & Working Capital: Inventory remains high at INR 2,363 crores, primarily due to anticipated BSNL 4G expansion orders; trade receivables and net debt also remain elevated.

Order Book: Order book increased to INR 1,329 crores from INR 1,200 crores last quarter, with about 90% from Indian customers.

Outlook & Delays: Management expects growth from international and private telco wins, but admits the critical BSNL expansion order is delayed, affecting near-term execution and financials.

Profitability Path: Management reiterated commitment to growth and R&D investment; profitability is expected to improve only as international and non-BSNL business scales, but no clear timeline was given.

Product & Market Expansion: Notable wins include BharatNet Phase III, new private 5G deployments, and first entry into Indian data center networking; strong patent activity focused on 5G/6G.

Key Financials
Revenue
INR 307 crores
Profit After Tax
INR -197 crores
EBIT
INR -239 crores
Order Book
INR 1,329 crores
Inventory
INR 2,363 crores
Trade Receivables
INR 3,284 crores
Net Debt
INR 3,349 crores
Gross Debt
INR 3,885 crores
PLI Incentives Received (Q4)
INR 85 crores
Cumulative PLI Incentives
INR 397 crores
Patents Filed (Q3)
26
Cumulative Patents Filed
613
Cumulative Patents Granted
370
Other Earnings Calls

Management

Mr. Anand S. Athreya
CEO, MD & Executive Director
No Bio Available
Mr. Arnob Roy
Co-Founder, COO & Executive Director
No Bio Available
Dr. Kumar N. Sivarajan
Co-Founder & CTO
No Bio Available
Mr. Sumit Dhingra
Chief Financial Officer
No Bio Available
Mr. N. Rangachari Ravikrishnan
Company Secretary, General Counsel & Chief Compliance Officer
No Bio Available
Mr. Abhijat Mitra
Chief Human Resources Officer
No Bio Available
Sembian Venkatesan
Chief Supply Chain Officer
No Bio Available
Mr. Santosh Kesavan
Head of Investor Relations
No Bio Available
Mr. Shirish B. Purohit
Head of Sales & Emerging Markets
No Bio Available
Mr. Rajiv K. Mahajan
Senior Vice President
No Bio Available

Contacts

Address
KARNATAKA
Bangalore
Plot No. 25, JP Software Park,, Electronics City, Phase 1,, Hosur Road,
Contacts