Tejas Networks Ltd. AI Stock Analysis
Want to see IN:TEJASNET full AI Analyst Report?
Tejas Networks Ltd. (TEJASNET) AI Stock Analysis
Tejas Networks Ltd.
(NSE:TEJASNET)
Tejas Networks' low overall score is predominantly driven by critical financial distress, characterized by severe cash burn, heavy debt, and significant net losses. Furthermore, bearish technical trends and poor valuation metrics weigh heavily on the stock. However, the score is prevented from falling to the absolute minimum by an optimistic earnings outlook, showcasing 55% YoY revenue growth and a robust order book that outlines a potential, albeit challenging, path to profitability.
Tejas Networks Ltd. (TEJASNET) vs. iShares MSCI India ETF (INDA)
- Market Cap
- INR 74.53B
- Dividend Yield
- 0.59%
- Average Volume (3M)
- 181.95K
- Price to Earnings (P/E)
- -9.2
- Beta (1Y)
- 1.34
- Revenue Growth
- -70.27%
- EPS Growth
- -100.11%
- Country
- India
- Employees
- 2,229
- Sector
- General
- Sector Strength
- 55
- Industry
- Communication Equipment
Tejas Networks Ltd. Business Overview & Revenue Model
Company Description
Tejas Networks Limited, headquartered in Bengaluru, India, specializes in the development, manufacturing, and global distribution of advanced optical, data networking, and wireless communication products. The company caters to a diverse clientele, in...
Tejas Networks Ltd. Earnings Call Summary
The call was predominantly positive. Revenue grew approximately 55% year over year in Q2 and 24% in H1, EBITDA and the PAT loss improved materially, and the order book expanded to INR 2,315 crores with significant BSNL 4G execution underway. The company also reported expanding international engagements, wireline wins, technology investments, and progress in data-center connectivity. Offsetting factors were the continuing INR 207 crore PAT loss, higher net debt, high inventory, and substantial concentration in India and the BSNL program. Management nevertheless described a visible path to profitability and expected inventory, receivables, and debt to decline with BSNL execution.
Q2-2027 Updates
Positive Updates
Negative Updates
Company Guidance
Management said 5G rollouts are supposed to continue till 2030, while global 5G FWA subscriptions are supposed to triple and reach close to 90 million by 2030; the BSNL expansion order for 18,685 sites is expected to drive shipments in the coming quarters, with most of the INR 1,500 crore order expected to come into the order book by the end of this quarter. The company expects a significant portion of inventories to be utilized in executing the BSNL 4G order, inventory to come down to the earlier levels, debt to come down significantly, and receivables to be substantially reduced through collections; it also has a focus on achieving quarterly positive EBITDA performance and has a visible path to profitability in the upcoming years. Product plans include radios covering 700 megahertz to 4.9 gigahertz, a compact baseband unit supporting up to five frequency bands in one site, and high-capacity, low-latency access platforms at 200G and beyond.
Tejas Networks Ltd. Financial Statement Overview
Summary
The company's financial profile is severely distressed. A dramatic top-line contraction, deeply negative gross and net margins (-82%), and persistent operating cash burn highlight extreme operational weakness. Surging leverage, with the debt-to-equity ratio climbing to 1.43, further elevates structural and liquidity risks.
Income Statement
18Very NegativeBalance Sheet
32NegativeCash Flow
15Very Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 14.47B | 11.03B | 89.23B | 24.71B | 9.22B | 5.53B |
| Gross Profit | -2.22B | -2.91B | 23.81B | 8.78B | 3.62B | 2.42B |
| EBITDA | -4.33B | -6.48B | 12.58B | 2.75B | 189.00M | -779.20M |
| Net Income | -8.17B | -9.09B | 4.47B | 629.80M | -364.10M | -627.10M |
Balance Sheet | ||||||
| Total Assets | 84.38B | 94.03B | 104.62B | 82.03B | 36.02B | 21.10B |
| Cash, Cash Equivalents and Short-Term Investments | 4.51B | 5.05B | 8.22B | 8.46B | 13.05B | 10.98B |
| Total Debt | 49.70B | 41.77B | 34.07B | 18.84B | 498.20M | 197.60M |
| Total Liabilities | 59.10B | 64.72B | 66.16B | 50.53B | 6.29B | 1.80B |
| Stockholders Equity | 25.28B | 29.31B | 38.46B | 31.49B | 29.73B | 19.30B |
Cash Flow | ||||||
| Free Cash Flow | 0 | -3.49B | -8.15B | -24.45B | -6.29B | -1.35B |
| Operating Cash Flow | 0 | -1.74B | -4.91B | -20.36B | -3.80B | -173.30M |
| Investing Cash Flow | 0 | -7.65B | -6.55B | 4.31B | -5.81B | -8.28B |
| Financing Cash Flow | 0 | 7.08B | 12.86B | 17.13B | 9.99B | 8.39B |
Tejas Networks Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TEJASNET, the sentiment is Negative. The current price of 421.10 is below the 20-day moving average (MA) of 424.03, below the 50-day MA of 477.76, and below the 200-day MA of 472.79, indicating a bearish trend. The MACD of -14.63 indicates Negative momentum. The RSI at 41.17 is Neutral, neither overbought nor oversold. The STOCH value of 60.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:TEJASNET.
Tejas Networks Ltd. Peers Comparison
Overall Rating
IN:ASTRAMICRO69.5Neutral
IN:STLTECH67Neutral
IN:HFCL64Neutral
IN:DLINKINDIA63Neutral
IN:ITI52Neutral- IN:TEJASNET47Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| IN:ASTRAMICRO | 70Neutral | INR 161.66B | 74.81 | ― | 0.14% | 9.92% | 34.22% |
| IN:STLTECH | 67Neutral | INR 365.84B | 46.70 | ― | ― | 63.47% | ― |
| IN:HFCL | 64Neutral | INR 313.85B | 35.80 | ― | 0.10% | 101.01% | 2852.77% |
| IN:DLINKINDIA | 63Neutral | INR 14.56B | 13.22 | ― | 5.12% | 22.43% | 6.25% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| IN:ITI | 52Neutral | INR 257.57B | 97.83 | ― | ― | -41.28% | ― |
| IN:TEJASNET | 47Neutral | INR 75.02B | -9.23 | ― | 0.59% | -70.27% | -100.11% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| IN:TEJASNET | Tejas Networks Ltd. | 421.10 | -100.05 | -19.20% | |
| IN:ASTRAMICRO | Astra Microwave Products Ltd. | 1702.70 | 693.48 | 68.71% | |
| IN:DLINKINDIA | D-Link (India) Ltd. | 410.20 | -17.22 | -4.03% | |
| IN:HFCL | HFCL Limited | 205.05 | 128.89 | 169.24% | |
| IN:ITI | ITI Limited | 268.05 | -48.65 | -15.36% | |
| IN:STLTECH | Sterlite Technologies Limited | 711.45 | 595.50 | 513.58% |
Tejas Networks Ltd. Corporate Events
Tejas Networks Files Q2 FY27 Earnings Call Transcript with Exchanges
Tejas Networks Limited has submitted to the National Stock Exchange of India and BSE the official transcript of its Q2 FY27 earnings conference call held on October 16, 2026. The disclosure, signed by the company secretary and compliance officer, for...
Tejas Networks Publishes Q2 FY27 Unaudited Results in Newspapers
Tejas Networks Limited has notified the stock exchanges that it has published its unaudited financial results for the quarter and six months ended September 30, 2026 in leading newspapers. The results have appeared in the Financial Express and the Ka...
Tejas Networks Posts Q2 FY27 Earnings Call Recording Online
Tejas Networks Ltd. has announced that it held its earnings call for the second quarter of FY27 on October 16, 2026, discussing its latest financial performance with analysts and investors. The company has made the audio recording of this earnings ca...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 16, 2026