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Tejas Networks Ltd

TEJASNET

Tejas Networks Ltd

TEJASNET
Communication ServicesTelecom Equipments
SmallcapWith a market cap of ₹20,375 cr, stock is ranked 345
High RiskStock is 3.75x as volatile as Nifty
1,188.600.78% (+9.20)
1,188.600.78% (+9.20)

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Communication ServicesTelecom Equipments
SmallcapWith a market cap of ₹20,375 cr, stock is ranked 345
High RiskStock is 3.75x as volatile as Nifty

How to use scorecard? Learn more

Communication ServicesTelecom Equipments
SmallcapWith a market cap of ₹20,375 cr, stock is ranked 345
High RiskStock is 3.75x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
122.196.47—
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
-161.1114.620.35%

Forecast & Ratings

Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 1 analyst

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Tejas Networks Ltd. is a provider of carrier grade communications equipment and solutions for telecom industry. The Company is a supplier of optical networking equipment to telecom carriers across the world

Investor Presentation

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Sep 21, 2024

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 22.03%, vs industry avg of 3.9%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 6.03% to 12.99%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of -15.62%, vs industry avg of -44.71%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue630.97883.29777.63937.01424.19551.63593.891,000.582,535.583,904.01
Raw Materialssubtract355.73514.05389.95463.70203.58268.74314.43563.851,605.923,300.74
Power & Fuel Costsubtract3.423.604.165.025.074.565.095.828.55
Employee Costsubtract100.26123.85140.41186.09176.44181.97214.06394.46600.93
Selling & Administrative Expensessubtract49.9860.5157.9863.0745.2845.3948.1762.58108.03
Operating & Other expensessubtract5.0239.364.42-13.7747.62-27.3749.30-121.18-118.44
Depreciation/Amortizationsubtract38.2456.4261.2765.8877.0552.1276.78122.50182.45212.98
Interest & Other Itemssubtract49.3231.8113.4017.007.723.703.1915.2047.92102.64
Taxes & Other Itemssubtract0.00-39.29-0.482.7898.55-15.02-54.42-6.2437.24120.90
EPS3.1010.9412.6715.57-24.903.39-4.59-1.912.687.06
DPS0.000.000.001.000.000.000.000.000.000.00
Payout ratio0.000.000.000.060.000.000.000.000.000.00

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

Apr 22PDF
Mar 31PDF
Jan 19PDF
+2 more
FY 2023

Annual report

PDF

Investor Presentation

Feb 6PDF
Oct 21PDF
Jul 25PDF
FY 2025

Annual Report Pending

Investor Presentation

Sep 21PDF
Sep 10PDF
 

Peers & Comparison

Comparing 3 stocks from 
Communication ServicesTelecom Equipments

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Tejas Networks Ltd323.536.47—
ITI Ltd-42.1210.09—
HFCL Ltd61.135.04—
Sterlite Technologies Ltd-119.603.02—

Price Comparison

Compare TEJASNET with any stock or ETF
Compare TEJASNET with any stock or ETF
TEJASNET
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Decreased Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has decreased by 1.14%

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding55.50%4.41%0.50%10.19%29.40%

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Shareholding History

MarJunSepDec '23MarJun10.48%10.92%11.11%11.26%11.34%10.19%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Tejas Networks Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Nippon India Small Cap Fund - Growth - Direct Plan

Growth
3.3170%1.11%-0.33%13/238 (-6)
Edelweiss Small Cap Fund - Growth - Direct Plan

Growth
0.2727%1.34%-0.22%37/78 (-12)
Nippon India Innovation Fund - Direct Plan - Growth

Growth
0.2097%1.88%-0.91%27/49 (-11)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

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Events

Dividend Trend

No Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

TEJASNET has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateJul 17, 2019

Final
Final | Div/Share: ₹1.00

Dividend/Share

₹1.00

Ex DateEx Date

Jul 17, 2019

News & Opinions
Corporate
Tejas Networks inaugurates Center of Excellence for Wireless Communication

Tejas Networks today announced that Jyotiraditya M. Scindia, Hon'ble Union Minister of Communications and Development of North Eastern Region inaugurated Tejas Center of Excellence for Wireless Communications at their Bangalore Headquarters. As a part of the visit, the Hon'ble Union Minister also launched the company's indigenously designed 32T32R Massive MIMO radio capable of delivering 1+ Gbps download speeds using 5G mid-band spectrum. The 'Tejas Center of Excellence for Wireless Communications' at Tejas Networks seeks to advance research in frontier technologies, standards and architectures that will underpin next-generation mobile networks as they evolve towards 6G and beyond. The Center of Excellence houses state-of-the-art modeling tools and test infrastructure to design, prototype and commercialize innovative wireless products and solutions that will support emerging usage scenarios and applications as envisaged in ITU-R's IMT-2030 (International Mobile Telecommunications) framework. The center currently focuses on contributions in emerging areas such as AI/ML, Integrated Sensing and Communications (ISAC), Massive MIMO, Terahertz Communications, Reconfigurable Intelligent Surfaces (RIS), Sub-band Full Duplex (SBFD) among others. Powered by Capital Market - Live

1 week agoCapital Market - Live
Live Market Update
Barometers trade sideways; Oil & gas shares advance

The domestic equity benchmarks traded sideways in early afternoon trade. The Nifty traded above the 24,550 mark after hitting the day's low of 24,522.95 in mid-morning trade. Oil & gas shares extended gains for the second consecutive trading session. At 12:30 IST, the barometer index, the S&P BSE Sensex, shed 30.59 points or 0.05% to 80,405.15. The Nifty 50 index rose 17.45 points or 0.07% to 24,558.60. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index jumped 0.45% and the S&P BSE Small-Cap index rallied 1.13%. The market breadth was strong. On the BSE, 2,651 shares rose and 1,260 shares fell. A total of 152 shares were unchanged. Economy: India's forex reserves declined $4.8 billion to $670.119 billion for the week ended August 9, according to the latest RBI data. In the previous reporting week, the country's foreign exchange reserves had increased $7.533 billion to an all-time high of $674.919 billion. For the week ended August 9, foreign currency assets, a major component of the reserves, decreased by $4.079 billion to $587.96 billion. Gold reserves declined by $860 million to $59.239 billion during the week. The special drawing rights (SDRs) were up by $121 million to $18.282 billion. India's reserve position with the IMF increased by $18 million to $4.638 billion in the reporting week, the central bank data showed. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, added 0.39% to 14.46. The Nifty 29 August 2024 futures were trading at 24,583, at a premium of 24.40 points as compared with the spot at 24,558.60 The Nifty option chain for the 29 August 2024 expiry showed maximum Call OI of 41.1 lakh contracts at the 24,500 strike price. Maximum Put OI of 52.6 lakh contracts were seen at 24,000 strike price. Buzzing Index: The Nifty Oil & Gas index gained 1.53% to 13,198.30. The index rallied 3.04% in two consecutive trading sessions. GAIL (India) (up 2.77%), Mahanagar Gas (up 2.39%), Hindustan Petroleum Corporation (up 2.37%), Bharat Petroleum Corporation (up 2.29%), Aegis Logistics (up 1.93%), Oil & Natural Gas Corporation (up 1.67%), Indian Oil Corporation (up 1.59%), Oil India (up 1.45%), Castrol India (up 1.29%) and Petronet LNG (up 1.19%) advanced. Stocks in Spotlight : Tejas Networks rose 1.13% after the company's wholly owned subsidiary, Saankhya Labs has received an order from NewSpace India for supplying two-way Mobile Satellite Service (MSS) Terminals for various purposes. Strides Pharma Science declined 1.14%. The company informed that it's wholly owned subsidiary, Strides Alathur has received an establishment inspection report (EIR) from the United States Food and Drug Administration (USFDA) for its formulations facility at Alathur, Chennai.Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Tejas Networks gains after bagging order worth Rs 96 cr from NewSpace India

Saankhya Labs will supply, install and commission two-way mobile satellite service (MSS) terminals (Xponders) for vessel communication and support system in marine fishing vessels for monitoring, control and surveillance (MCS). The said order is worth Rs 96.42 crore. Tejas Networks is a wireline and wireless telecom and data networking products company that designs, develops and manufactures high-performance and future-ready products for building high-speed communication networks that carry voice, data and video traffic from fixed line, mobile and broadband networks. The company reported consolidated net profit of Rs 77.48 crore in Q1 FY25 as against a net loss of Rs 26.29 crore posted in Q1 FY24. Net revenue from operations saored to Rs 1,562.77 crore in Q1 FY25 from Rs 188.13 crore recorded in the corresponding quarter previous year.Powered by Capital Market - Live

1 month agoCapital Market - Live

Tejas Networks Shares Decline To Over One-Week Low Even After Posting Q1 Profit

2 months agoBloomberg Quint
'We Have Been Beneficiaries Of The PLI Scheme': Tejas Networks CEO On Budget Expectations
2 months agoNDTV Profit

Wipro Ltd leads losers in ‘A’ group

2 months agoBusiness Standard

Tejas Networks reports turnaround Q1 performance

2 months agoBusiness Standard
'Our Execution On The BSNL Wireless 4G Project Led To Q1 Growth': Tejas Networks CEO
2 months agoNDTV Profit

Tejas Networks reports consolidated net profit of Rs 77.48 crore in the June 2024 quarter

2 months agoBusiness Standard

Tejas Networks wins Pandit Deendayal Upadhyaya Telecom Excellence Award from Government of India

2 months agoBusiness Standard