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Tejas Networks share price & results

Tejas Networks Limited· Telecommunication

Results to
Sept 2026
Latest analysed call
Q2 FY27
Ownership as of
Sept 2026

Designs and makes 4G/5G RAN, optical transport (DWDM) and IP/MPLS routers for telcos, ISPs and governments.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue405 ₹ crore+55.2% YoYQuarterly, as filedQuarter to Sept 2026Revenue from operations as filed.
Operating margin-27.0 %+85.0 pts YoYOperating profit / revenueQuarter to Sept 2026For the quarter; a change is in percentage points.
Net profit-208 ₹ crore—Quarterly, as filedQuarter to Sept 2026Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown.
Return on equity-32.33 %−39.6 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Sept 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-67.91 %−55.1 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)-71.12 %−348.7 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Sept 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Sept 2026

Guidance

What management said, and what became of it

2 of 3 judged targets kept · 10 open · verdicts reflect calls analysed to Q2 FY27.

Tejas Networks Limited management guidance track record on Inve: 13 targets tracked across analysed earnings calls (2 achieved, 1 missed, 10 open).

TargetOriginal wordingSaidLatest callVerdict
CEO AppointmentAt some point of time soon, there will be a CEO appointment.
Call transcript, Q3 FY26 · 9 Jan 2026		Q3 FY26Q2 FY27:No update on CEO appointment in the Q2 FY27 call summary.
Call transcript, Q2 FY27 · 16 Oct 2026		Ghosted
BSNL 4G Expansion OrderReceive ~₹1,500 crores order 'shortly' and execute within FY26.
Call transcript, Q1 FY26 · 14 Jul 2025		Q1 FY26Q2 FY27:Received LOI and subsequent POs for 18,000+ 4G sites in Q2. Deliveries have started. A substantial portion is now in the order book, with the rest expected by end of Q3.
Call transcript, Q2 FY27 · 16 Oct 2026		On Track

Source: Inve Guidance Tracker for Tejas Networks Limited · to Q2 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

1 of Tejas Networks Limited's 13 targets was missed. See which ones, and which are quietly gone. The 2 above are the free sample; 11 more targets are in the full ledger.

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Price

₹412.3 +2.02% · +₹8.15

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −23.5% 1Y

₹300₹400₹500₹600Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q3 FY26 — 9 Jan 2026Q4 FY26 — 15 Apr 2026Q1 FY27 — 28 Jul 2026Q2 FY27 — 16 Oct 2026

1Y: ₹538.7 on 24 Oct 2025 → ₹412.3. High ₹632.35 (19 Jun 2026), low ₹296.15 (27 Jan 2026).

Previous close
₹404.15
Market cap
₹7.6k Cr
52-week range
₹296.15 – ₹632.35
One year
−24.24%
Return on equity (TTM to Sept 2026)
-32.33%

Overview

Symbol
NSE:TEJASNET
Exchange
NSE
Currency
INR

What Tejas Networks Limited does

Based on the company's own presentations, annual report and earnings calls.

Tejas Networks, founded in 2000, is an R&D-driven telecom and networking equipment company that designs, manufactures and sells wireline and wireless network hardware and software - 4G/5G radio access network (RAN) gear, optical transmission (DWDM/OTN) and switching/routing systems, fibre broadband access equipment, and satellite-IoT/broadcast (D2M) solutions. It earns by supplying these products and related network-management software/services to telecom operators, internet service providers, utilities, defense/government networks and enterprises in India and overseas, including large government programmes such as BharatNet and BSNL's 4G/5G rollout.

Segments

  • Wireless
  • Wireline
Countries served
75+
Customer networks powered
500+
Systems shipped (cumulative)
1+ million
Employees
2,229
Employees in R&D
~68%
Global patents filed / granted
676 filed, of which 371 granted
Founded 2000Employees 2,229 (2026-03-31) Company website

How the price took the results

close before → close after

Q2 FY27
+1.4%
16 Oct
Q1 FY27
−3.7%
28 Jul
Q4 FY26
+1.6%
15 Apr
Q3 FY26
−5.6%
9 Jan

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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