Tejas Networks LimitedTEJASNETCorporate

Telecommunications - Equipment Latest results: Sep 2026 15 quarters of data
₹474.75
MCap ₹8,446 Cr
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹406 Cr
Sales · Sep 2026
+55.2% YoY
₹-107 Cr
Operating Profit · Sep 2026
+63.7% YoY
-26.3%
OPM % · Sep 2026
+76.6% YoY
₹-207 Cr
Net Profit · Sep 2026
+32.6% YoY
₹-11.62
EPS · Sep 2026
+33.1% YoY

📝 Tejas Networks Limited — results explained

Quarter ended September 2026 (Q2 FY27)

Tejas Networks Limited reported revenue of ₹406 crore for the quarter ended September 2026 (Q2 FY27), up 55.2% from ₹261 crore in the same quarter last year, and up 0.9% sequentially over the June 2026 quarter.

The company reported a net loss of ₹207 crore, against a net loss of ₹307 crore in the same quarter last year. Earnings per share (EPS) came in at ₹-11.62.

Operating profit stood at ₹-107 crore — an operating margin (OPM) of -26.3%, compared with -112.5% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Tejas Networks Limited posted revenue of ₹1,102 crore, a decline of 87.6% over FY25, with a net loss of ₹909 crore.

On a trailing-twelve-month (TTM) basis, revenue stands at ₹1,446 crore with a net loss of ₹817 crore.

Valuation snapshot

At the current price of ₹474.75, TEJASNET has a market capitalisation of ₹8,446 crore.

Within the Telecommunications - Equipment industry, it is the largest of the 3 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 53.28%, foreign institutional investors (FIIs) 6.63%, domestic institutional investors (DIIs) 4.00%, public shareholders 35.99% of Tejas Networks Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹8,446 Cr
Current Price ?
₹474.8
P/E ?
N/A
Industry P/E ?
N/A
P/B ?
2.88
P/S ?
5.84
P/FCF ?
-11.28
Enterprise Value ?
₹12,623 Cr
EV/EBITDA ?
-27.52
PEG ?
N/A
Earnings Yield ?
-6.7%
Dividend Yield ?
0.53%
Profitability & Returns
Sales (TTM) ?
₹1,446 Cr
OPM ?
-31.7%
Profit after tax (TTM) ?
₹-817 Cr
EPS (TTM) ?
₹-45.91
ROCE ?
-15.0%
ROE ?
-27.9%
ROA ?
-8.7%
Growth
Sales — latest qtr ?
₹406 Cr
PAT — latest qtr ?
₹-207 Cr
YoY qtr sales growth ?
55.2%
YoY qtr profit growth ?
32.6%
Sales growth (3y) ?
6%
Sales growth (5y) ?
16%
Profit growth (3y) ?
N/A
Profit growth (5y) ?
N/A
Financial Health
Debt ?
₹4,177 Cr
Debt to Equity ?
1.43
Interest Coverage ?
-3.6
Current Ratio ?
N/A
Ownership
Promoter holding ?
53.28%
Change in promoter holding ?
-0.45%
Pledged percentage ?
N/A
Market
Return 3 months ?
-11.9%
Return 6 months ?
11.8%

🗓️ Quarterly results (15 quarters · ₹ Cr)

same fiscal quarter as Sep bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026 YoY % QoQ %
Sales 2991673965391,3271,5632,8112,6421,907202261306333402406 +55.2% +0.9%
Operating Profit -8-4013-15309230535372122-136-294-134-118-100-107 +63.7% -6.6%
Other Income 2120181512131114810681098 +29.5% -13.7%
Interest 51753157616371758472728587 +3.0% +1.8%
Depreciation 35294243586574111103961011041019491 -9.4% -2.7%
Profit Before Tax -27-51-18-48233122411211-45-297-473-303-281-271-277 +41.5% -2.2%
Net Profit -11-15-13-5114777275166-72-194-307-197-211-202-207 +32.6% -2.4%
EPS -0.68-0.87-0.74-2.988.604.5316.079.43-4.07-10.98-17.36-11.07-11.89-11.36-11.62 +33.1% -2.3%
OPM % -2.7% -24.0% 3.3% -2.8% 23.3% 14.7% 19.0% 14.1% 6.4% -67.3% -112.5% -43.8% -35.4% -24.9% -26.3% +76.6% -5.6%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹8,923 Cr ₹1,102 Cr ₹1,446 Cr -87.6%
Operating Profit ₹1,259 Cr ₹-682 Cr ₹-459 Cr -154.2%
OPM % 14.11% -61.88% -31.71% -538.6%
NPM % 5.00% -82.49% -56.47% -1749.8%
Other Income ₹46 Cr ₹34 Cr ₹35 Cr -26.1%
Depreciation ₹353 Cr ₹402 Cr ₹390 Cr +13.9%
Interest ₹252 Cr ₹303 Cr ₹316 Cr +20.2%
EBIT ₹906 Cr ₹-1,084 Cr ₹-849 Cr -219.6%
PBT ₹699 Cr ₹-1,354 Cr ₹-1,132 Cr -293.7%
Tax — — ₹-70 Cr —
Net Profit ₹446 Cr ₹-909 Cr ₹-817 Cr -303.8%
EPS ₹25.96 ₹-51.30 ₹-45.94 -297.6%
Material Cost — — ₹264 Cr —
Employee Cost — — ₹105 Cr —
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 172174180181 +0.6%
Reserves 2,8012,9763,6672,750 -25.0%
Borrowings 501,8843,4074,177 +22.6%
Other Liabilities 5793,1693,2092,295 -28.5%
Total Liabilities 3,6028,20310,4629,403 -10.1%
Fixed Assets 6479611,1471,130 -1.5%
CWIP 154235404950 +135.1%
Investments 262334482365 -24.3%
Other Assets 2,5396,6738,4296,957 -17.5%
Total Assets 3,6028,20310,4629,403 -10.1%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity -380-2,036-491135 +127.5%
Cash from Investing Activity -581430-655-761 -16.2%
Cash from Financing Activity 9991,7131,286397 -69.1%
Net Cash Flow 38107139-229 -264.7%
Free Cash Flow -629-2,445-1,143-749 +34.5%
CFO/OP -2,788%-757%-31%-23% +25.8%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 1982081821,077 +491.8%
Inventory Days 4218611321,160 +778.8%
Days Payable 19642466227 +243.9%
Cash Conversion Cycle 4236452482,010 +710.5%
Working Capital Days 49120656211 +276.8%
ROCE % -1%4%15%-15% -200.0%

👥 Shareholding (latest 6 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026 % Chg
Promoters 53.73%53.66%53.46%53.40%53.33%53.28% -0.1%
FIIs 6.14%6.24%5.95%5.29%5.82%6.63% +13.9%
DIIs 4.72%4.79%4.76%4.32%4.04%4.00% -1.0%
Government 0.01%0.01%0.00%0.00%—— —
Public 34.94%34.92%35.64%36.86%36.69%35.99% -1.9%
Others 0.46%0.38%0.20%0.13%—— —
No. of Shareholders 3,45,7573,48,4323,47,5843,80,2843,44,5733,40,249 -1.3%

⚖️ Peer comparison

Industry: Telecommunications - Equipment · 3 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 TEJASNET Tejas Networks ₹461.00 8,202 — 1,446 -817 -31.7% -56.5% -87.6% -303.8% 55.2% 32.6%
2 GTLINFRA GTL Infrastructure ₹1.11 1,422 1.3 1,365 1,081 29.3% 79.2% 2.1% 189.0% -2.2% 129.9%
3 FROG Frog Innovations ₹319.35 497 — 106 -2 -0.9% -1.9% — — 5.2% -136.0%
❓ Frequently asked questions
What was Tejas Networks Limited's revenue in Q2 FY27?
Tejas Networks Limited reported revenue of ₹406 crore for the quarter ended September 2026 (Q2 FY27), up 55.2% from ₹261 crore in the same quarter last year, and up 0.9% sequentially over the June 2026 quarter.
What was Tejas Networks Limited's net profit in Q2 FY27?
The company reported a net loss of ₹207 crore, against a net loss of ₹307 crore in the same quarter last year. Earnings per share (EPS) came in at ₹-11.62.
What is TEJASNET's market capitalisation and P/E ratio?
At the current price of ₹474.75, TEJASNET has a market capitalisation of ₹8,446 crore.
Who owns Tejas Networks Limited? (shareholding pattern)
As of Sep 2026, promoters held 53.28%, foreign institutional investors (FIIs) 6.63%, domestic institutional investors (DIIs) 4.00%, public shareholders 35.99% of Tejas Networks Limited.
TTM ends 2026-09-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI