Tejas Networks Ltd

Tejas Networks Limited announced that it has received a Letter of Intent from Tata Consultancy Services Limited (TCS) for a significant contract to supply Radio Access Network (RAN) equipment, accessories, and installation materials for Bharat Sanchar Nigam Limited’s (BSNL) 4G mobile network across 18,685 sites, with a total value of Rs 1537 Crores. The company anticipates receiving the detailed Purchase Order from TCS in the near future, following the initial communication on May 21, 2025, regarding this potential business development.

Tejas Networks Limited announced the allotment of 91,353 equity shares on August 19, 2026, following the exercise of stock options by eligible employees under the Tejas Networks Limited Employees Stock Option Plan 2014 (exercise price Rs. 65/-), Tejas Restricted Stock Unit Plan 2017 (exercise price Rs. 10/-), and Tejas Restricted Stock Unit Plan 2022 (exercise price Rs. 10/-), increasing the company’s paid-up equity share capital to Rs 178,06,53,350 divided into 17,80,65,335 equity shares of Rs 10 each.

However, the company's total revenue from operations jumped 99.10% to Rs 402.16 crore in Q1 FY27 as against Rs 201.98 crore recorded in the corresponding quarter of the previous year. Pre-tax loss stood at Rs 270.81 crore in Q1 FY27, compared with a pre-tax loss of Rs 297.35 crore in Q1 FY26. The company's inventory stood at Rs 2,358 crore in Q1 FY27, down 7.05% as against Rs 2,537 crore in the previous quarter. Trade receivables declined 24.82% to Rs 2,232 crore in Q1 FY27 from Rs 2,969 crore in Q1 FY26. Net debt improved to Rs 4,277 crore in Q1 FY27 from Rs 3,445 crore in Q1 FY26. Gross debt stood at Rs 4,866 crore, with cash and cash equivalents of Rs 589 crore in Q1 FY27. During Q1 FY27, the company supplied GPON ONTs to Tier-1 Indian telecom operators for their nationwide network rollouts. It was also selected as a vendor for the communication network modernisation project of a large power utility and secured an expansion order for 100G+ coherent DWDM equipment from a leading bandwidth wholesaler in Africa. The company further strengthened its innovation pipeline by filing 46 patents during the quarter, taking its cumulative global patent filings to 722. Arnob Roy, MD and CEO of Tejas Networks said, Q1 revenues were driven by international shipments of 5G radios and domestic shipments of 100G/400G Optical and FTTx products. We registered our first commercial win for an end-to-end 5G network deployment in South America, marking a significant milestone for the company. We witnessed growing demand for our fiber broadband, packet and optical transmission products from leading carriers and utilities, in India and in international markets, driven by growth in datacenter deployments. AVS Prasad, CFO said, In Q1 FY27 we had a revenue of Rs 402 crore, a QoQ growth of 21%. We ended the quarter with an order book of Rs 1,529 crore. Our net debt was Rs 4,277 crore; gross debt of Rs 4,866 crore and cash of Rs 589 crore. Tejas Networks designs and manufactures high-performance wireline and wireless networking products for telecommunications service providers, internet service providers, utilities, defence and government entities in over 75 countries. Tejas Networks Ltd. is a part of the Tata Group, with Panatone Finvest Ltd. (a subsidiary of Tata Sons Pvt. Ltd.) being the majority shareholder. Powered by Capital Market - Live

Net Loss of Tejas Networks reported to Rs 202.24 crore in the quarter ended June 2026 as against net loss of Rs 193.87 crore during the previous quarter ended June 2025. Sales rose 98.94% to Rs 401.82 crore in the quarter ended June 2026 as against Rs 201.98 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales401.82201.98 99 OPM %-24.98-67.17 - PBDT-176.46-200.89 12 PBT-270.81-297.35 9 NP-202.24-193.87 -4 Powered by Capital Market - Live

Tejas Networks will hold a meeting of the Board of Directors of the Company on 27 July 2026.

Tejas Networks has allotted 70,614 equity shares under ESOP on 26 May 2026. With this allotment, the paid up equity share capital stands increased to Rs 177,85,09,400/- divided into 17,78,50,940 equity shares of Rs 10/- each.

Tejas Networks has signed a Memorandum of Understanding (MoU) with the Maharashtra Information Technology Corporation (MahaIT) to jointly impart world-class training and certification in emerging telecom technologies to engineering students across Maharashtra, especially in the underserved regions of the state. MahaIT serves as the nodal agency of the Government of Maharashtra for the efficient implementation of its Information and Communications Technology (ICT) initiatives including prestigious projects such as Aaple Sarkar, Direct Benefits Transfer (DBT), Mahanet (Bharatnet), Smart City among others. The purpose of the MoU is to jointly enable skilling and certification of engineering students, especially from Tier-2, Tier-3, and underserved regions of Maharashtra, in emerging telecom and digital technologies through online and instructor led training programs. The MoU also aims to explore joint areas of collaboration in skilling, industry-academia engagement, and technology-led capacity building in association with Maha IT. Powered by Capital Market - Live

Tejas Networks announced that the 26th Annual General Meeting(AGM) of the company will be held on 26 June 2026.

Tejas Networks has granted 1,85,000 stock options under under Tejas Restricted Stock Unit Plan 2022 to the Employees / Senior Management Personnel / Key Managerial Personnel (KMP) of the Company.

Tejas Networks has allotted 38,464 equity shares under ESOP on 06 May 2026. With this allotment, the paid up equity share capital has increased to Rs 1,77,78,03,260/- divided into 17,77,80,326 equity shares of Rs10/- each