Tejas Networks（TEJASNET）株式概要テジャス・ネットワークス社は、インド国内外において無線・有線ネットワーク製品の設計・製造・販売を行っている。 詳細TEJASNET ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長0/6過去の実績0/6財務の健全性2/6配当金2/6リスク分析過去5年間で収益は年間22.3%減少しました。 Indian市場と比較して、過去 3 か月間の株価の変動が非常に大きい0.49%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見るTEJASNET Community Fair Values Create NarrativeSee what 25 others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value₹Current Price₹514.4036.8% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-11b89b2016201920222025202620282031Revenue ₹72.5bEarnings ₹7.0bAdvancedSet Fair ValueView all narrativesTejas Networks Limited 競合他社Astra Microwave ProductsSymbol: BSE:532493Market cap: ₹111.3bAvantelSymbol: BSE:532406Market cap: ₹43.8bITISymbol: BSE:523610Market cap: ₹288.3bSterlite TechnologiesSymbol: BSE:532374Market cap: ₹183.7b価格と性能株価の高値、安値、推移の概要Tejas Networks過去の株価現在の株価₹514.4052週高値₹761.6052週安値₹294.00ベータ-0.391ヶ月の変化16.72%3ヶ月変化52.75%1年変化-24.16%3年間の変化-23.18%5年間の変化194.20%IPOからの変化95.22%最新ニュースお知らせ • 56mTejas Networks Limited, Annual General Meeting, Jun 26, 2026Tejas Networks Limited, Annual General Meeting, Jun 26, 2026.New Risk • Apr 16New major risk - Revenue and earnings growthEarnings have declined by 22% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 22% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Apr 16Full year 2026 earnings released: ₹51.35 loss per share (vs ₹25.75 profit in FY 2025)Full year 2026 results: ₹51.35 loss per share (down from ₹25.75 profit in FY 2025). Revenue: ₹11.4b (down 87% from FY 2025). Net loss: ₹9.09b (down 304% from profit in FY 2025). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.お知らせ • Apr 10Tejas Networks Limited to Report Fiscal Year 2026 Results on Apr 15, 2026Tejas Networks Limited announced that they will report fiscal year 2026 results on Apr 15, 2026お知らせ • Mar 04Tejas Networks Limited Launches Hyper-Scalable Data Center Interconnect PlatformTejas Networks announced the launch of TJ1600-D3, its next-generation, versatile WDM (Wavelength Division Multiplexing) optical transport product which is purpose-built to meet the surging demand for terabit-scale data center interconnections worldwide. The product was unveiled at Mobile World Congress (MWC) 2026, Barcelona, Spain. TJ1600-D3 is powered by the latest DSPs (Digital Signal Processors) and chipsets, engineered for operators and enterprises demanding extreme capacity, carrier-grade reliability, and best-in-class energy efficiency. It supports a range of performance-optimized and power-optimized traffic sleds, with flexible line rates from 400G to 1.2T per wavelength and scaling up to 51.2 Tbps of shelf capacity. Redundant controllers, fans, and power modules combined with universal AC/DC power compatibility ensure that TJ1600-D3 delivers highly resilient services in an optimized 3-RU form factor.New Risk • Jan 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.3% average weekly change).最新情報をもっと見るRecent updatesお知らせ • 56mTejas Networks Limited, Annual General Meeting, Jun 26, 2026Tejas Networks Limited, Annual General Meeting, Jun 26, 2026.New Risk • Apr 16New major risk - Revenue and earnings growthEarnings have declined by 22% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 22% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Apr 16Full year 2026 earnings released: ₹51.35 loss per share (vs ₹25.75 profit in FY 2025)Full year 2026 results: ₹51.35 loss per share (down from ₹25.75 profit in FY 2025). Revenue: ₹11.4b (down 87% from FY 2025). Net loss: ₹9.09b (down 304% from profit in FY 2025). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.お知らせ • Apr 10Tejas Networks Limited to Report Fiscal Year 2026 Results on Apr 15, 2026Tejas Networks Limited announced that they will report fiscal year 2026 results on Apr 15, 2026お知らせ • Mar 04Tejas Networks Limited Launches Hyper-Scalable Data Center Interconnect PlatformTejas Networks announced the launch of TJ1600-D3, its next-generation, versatile WDM (Wavelength Division Multiplexing) optical transport product which is purpose-built to meet the surging demand for terabit-scale data center interconnections worldwide. The product was unveiled at Mobile World Congress (MWC) 2026, Barcelona, Spain. TJ1600-D3 is powered by the latest DSPs (Digital Signal Processors) and chipsets, engineered for operators and enterprises demanding extreme capacity, carrier-grade reliability, and best-in-class energy efficiency. It supports a range of performance-optimized and power-optimized traffic sleds, with flexible line rates from 400G to 1.2T per wavelength and scaling up to 51.2 Tbps of shelf capacity. Redundant controllers, fans, and power modules combined with universal AC/DC power compatibility ensure that TJ1600-D3 delivers highly resilient services in an optimized 3-RU form factor.New Risk • Jan 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.3% average weekly change).Reported Earnings • Jan 11Third quarter 2026 earnings released: ₹11.09 loss per share (vs ₹9.44 profit in 3Q 2025)Third quarter 2026 results: ₹11.09 loss per share (down from ₹9.44 profit in 3Q 2025). Revenue: ₹3.14b (down 88% from 3Q 2025). Net loss: ₹1.97b (down 219% from profit in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 10% per year.お知らせ • Jan 02Tejas Networks Limited to Report Q3, 2026 Results on Jan 09, 2026Tejas Networks Limited announced that they will report Q3, 2026 results at 12:08 PM, Indian Standard Time on Jan 09, 2026Reported Earnings • Oct 19Second quarter 2026 earnings released: ₹17.38 loss per share (vs ₹16.06 profit in 2Q 2025)Second quarter 2026 results: ₹17.38 loss per share (down from ₹16.06 profit in 2Q 2025). Revenue: ₹2.62b (down 91% from 2Q 2025). Net loss: ₹3.07b (down 212% from profit in 2Q 2025). Revenue is forecast to stay flat during the next 2 years compared to a 22% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Oct 10Tejas Networks Limited to Report Q2, 2026 Results on Oct 17, 2025Tejas Networks Limited announced that they will report Q2, 2026 results at 12:08 PM, Indian Standard Time on Oct 17, 2025Reported Earnings • Jul 16First quarter 2026 earnings released: ₹10.99 loss per share (vs ₹4.54 profit in 1Q 2025)First quarter 2026 results: ₹10.99 loss per share (down from ₹4.54 profit in 1Q 2025). Revenue: ₹2.12b (down 86% from 1Q 2025). Net loss: ₹1.94b (down 350% from profit in 1Q 2025). Revenue is expected to decline by 27% p.a. on average during the next 2 years, while revenues in the Communications industry in Asia are expected to grow by 18%. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 09Tejas Networks Limited to Report Q1, 2026 Results on Jul 14, 2025Tejas Networks Limited announced that they will report Q1, 2026 results at 12:08 PM, Indian Standard Time on Jul 14, 2025Upcoming Dividend • Jun 12Upcoming dividend of ₹2.50 per shareEligible shareholders must have bought the stock before 19 June 2025. Payment date: 27 July 2025. Payout ratio is a comfortable 9.7% but the company is not cash flow positive. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.2%). In line with average of industry peers (0.3%).Reported Earnings • Jun 08Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: ₹25.75 (up from ₹3.71 in FY 2024). Revenue: ₹89.2b (up 261% from FY 2024). Net income: ₹4.47b (up ₹3.84b from FY 2024). Profit margin: 5.0% (up from 2.5% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 55%. Revenue is expected to decline by 36% p.a. on average during the next 2 years, while revenues in the Communications industry in Asia are expected to grow by 18%. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 02Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₹705, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 25x in the Communications industry in Asia. Total returns to shareholders of 61% over the past three years.お知らせ • Apr 28Tejas Networks Limited, Annual General Meeting, Jun 27, 2025Tejas Networks Limited, Annual General Meeting, Jun 27, 2025, at 15:00 Indian Standard Time.New Risk • Apr 27New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.3% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings are forecast to decline by an average of 30% per year for the foreseeable future. High level of non-cash earnings (30% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Significant insider selling over the past 3 months (₹560m sold).Reported Earnings • Apr 26Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: ₹25.75 (up from ₹3.71 in FY 2024). Revenue: ₹89.7b (up 263% from FY 2024). Net income: ₹4.47b (up ₹3.84b from FY 2024). Profit margin: 5.0% (up from 2.5% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 55%. Revenue is expected to decline by 36% p.a. on average during the next 2 years, while revenues in the Communications industry in Asia are expected to grow by 18%. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 26Tejas Networks Limited announces Annual dividend, payable on July 27, 2025Tejas Networks Limited announced Annual dividend of INR 2.5000 per share payable on July 27, 2025, ex-date on June 19, 2025 and record date on June 19, 2025.Valuation Update With 7 Day Price Move • Mar 21Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₹800, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 32x in the Communications industry in Asia. Total returns to shareholders of 108% over the past three years.Recent Insider Transactions • Feb 21Insider recently sold ₹52m worth of stockOn the 12th of February, Vishwakumara Kayargadde sold around 64k shares on-market at roughly ₹816 per share. This transaction amounted to 35% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹91m. Insiders have been net sellers, collectively disposing of ₹1.8b more than they bought in the last 12 months.Recent Insider Transactions • Feb 12Insider recently sold ₹89m worth of stockOn the 6th of February, Vishwakumara Kayargadde sold around 100k shares on-market at roughly ₹882 per share. This transaction amounted to 35% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹1.7b more than they bought in the last 12 months.Recent Insider Transactions • Feb 04Insider recently sold ₹56m worth of stockOn the 28th of January, Vishwakumara Kayargadde sold around 62k shares on-market at roughly ₹898 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹1.5b more than they bought in the last 12 months.Valuation Update With 7 Day Price Move • Jan 30Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ₹866, the stock trades at a trailing P/E ratio of 22.9x. Average trailing P/E is 37x in the Communications industry in India. Total returns to shareholders of 85% over the past three years.New Risk • Jan 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Significant insider selling over the past 3 months (₹347m sold).Reported Earnings • Jan 24Third quarter 2025 earnings released: EPS: ₹9.44 (vs ₹2.64 loss in 3Q 2024)Third quarter 2025 results: EPS: ₹9.44 (up from ₹2.64 loss in 3Q 2024). Revenue: ₹26.6b (up 374% from 3Q 2024). Net income: ₹1.66b (up ₹2.11b from 3Q 2024). Profit margin: 6.2% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 24Tejas Networks Limited Appoints Sanjay Malik as EVP - Chief Strategy and Business OfficerTejas Networks Limited appointed Sanjay Malik, former India Country Head of Nokia, as EVP - Chief Strategy and Business Officer. In this role, Sanjay will work with the CEO and the senior management team at Tejas to drive the overall corporate strategy, business management and engagement with various stakeholders including government, customers and partners across India and International markets. Sanjay Malik has extensive experience in the global telecom industry. In his long stint at Nokia spanning over two decades, Sanjay served in a variety of senior leadership roles across strategy, sales, business management and operational execution both in India and globally. Most recently, for nearly eight years, he held the position of SVP and India Country Head and led Nokia India to market leadership position in the country. Sanjay holds a post-graduate degree (MBA) from IIM, Mumbai and has also completed various Executive Leadership Programs in his professional career.Recent Insider Transactions • Dec 18Insider recently sold ₹45m worth of stockOn the 13th of December, Sunil Handoo sold around 34k shares on-market at roughly ₹1,316 per share. This transaction amounted to 26% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹1.4b more than they bought in the last 12 months.Recent Insider Transactions • Dec 01Insider recently sold ₹5.2m worth of stockOn the 28th of November, Neelagandan P G sold around 4k shares on-market at roughly ₹1,318 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹42m. Insiders have been net sellers, collectively disposing of ₹1.3b more than they bought in the last 12 months.Recent Insider Transactions • Nov 20Insider recently sold ₹2.9m worth of stockOn the 11th of November, Neelagandan P G sold around 2k shares on-market at roughly ₹1,428 per share. This transaction amounted to 7.5% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹42m. Insiders have been net sellers, collectively disposing of ₹1.3b more than they bought in the last 12 months.Recent Insider Transactions • Nov 16Insider recently sold ₹27m worth of stockOn the 8th of November, Rupinder Singh sold around 20k shares on-market at roughly ₹1,377 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹42m. Insiders have been net sellers, collectively disposing of ₹1.2b more than they bought in the last 12 months.Buy Or Sell Opportunity • Nov 01Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to ₹1,370. The fair value is estimated to be ₹1,134, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 84% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 32% in a year. Earnings are forecast to grow by 139% in the next year.Recent Insider Transactions • Oct 27Chief Human Resources Officer recently sold ₹7.8m worth of stockOn the 24th of October, Abhijat Mitra sold around 6k shares on-market at roughly ₹1,306 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹42m. Insiders have been net sellers, collectively disposing of ₹1.1b more than they bought in the last 12 months.New Risk • Oct 19New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (100% accrual ratio). Minor Risks Shareholders have been diluted in the past year (3.2% increase in shares outstanding). Significant insider selling over the past 3 months (₹109m sold).New Risk • Oct 12New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (3.2% increase in shares outstanding). Significant insider selling over the past 3 months (₹109m sold).Recent Insider Transactions • Sep 13Insider recently sold ₹2.7m worth of stockOn the 5th of September, Rupinder Singh sold around 2k shares on-market at roughly ₹1,335 per share. This transaction amounted to 3.2% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹14m. Insiders have been net sellers, collectively disposing of ₹994m more than they bought in the last 12 months.Recent Insider Transactions • Aug 31Insider recently sold ₹1.3m worth of stockOn the 26th of August, Gajendra Ranka sold around 1k shares on-market at roughly ₹1,282 per share. This transaction amounted to 2.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹38m. Insiders have been net sellers, collectively disposing of ₹1.1b more than they bought in the last 12 months.Recent Insider Transactions • Aug 23Insider recently sold ₹1.2m worth of stockOn the 14th of August, Gajendra Ranka sold around 1k shares on-market at roughly ₹1,198 per share. This transaction amounted to 2.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹38m. Insiders have been net sellers, collectively disposing of ₹1.2b more than they bought in the last 12 months.Reported Earnings • Jul 21First quarter 2025 earnings released: EPS: ₹4.54 (vs ₹1.56 loss in 1Q 2024)First quarter 2025 results: EPS: ₹4.54 (up from ₹1.56 loss in 1Q 2024). Revenue: ₹15.0b (up ₹13.1b from 1Q 2024). Net income: ₹774.8m (up ₹1.04b from 1Q 2024). Profit margin: 5.2% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 91% per year, which means it is well ahead of earnings.Recent Insider Transactions • Jun 15Insider recently sold ₹38m worth of stockOn the 7th of June, Parag Naik sold around 32k shares on-market at roughly ₹1,198 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹268m. Insiders have been net sellers, collectively disposing of ₹1.5b more than they bought in the last 12 months.お知らせ • Jun 08+ 3 more updatesTejas Networks Limited to Report Q3, 2025 Results on Jan 17, 2025Tejas Networks Limited announced that they will report Q3, 2025 results on Jan 17, 2025Recent Insider Transactions • May 21Insider recently sold ₹12m worth of stockOn the 13th of May, Neelagandan P G sold around 11k shares on-market at roughly ₹1,173 per share. This transaction amounted to 26% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹268m. Insiders have been net sellers, collectively disposing of ₹1.5b more than they bought in the last 12 months.Recent Insider Transactions • May 03Co-Founder recently sold ₹268m worth of stockOn the 29th of April, Arnob Roy sold around 247k shares on-market at roughly ₹1,084 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Arnob has been a net seller over the last 12 months, reducing personal holdings by ₹805m.New Risk • Apr 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 9.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (85% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.8% average weekly change). Significant insider selling over the past 3 months (₹75m sold).お知らせ • Apr 23Tejas Networks Limited, Annual General Meeting, Jun 28, 2024Tejas Networks Limited, Annual General Meeting, Jun 28, 2024, at 15:00 Indian Standard Time.Reported Earnings • Apr 23Full year 2024 earnings released: EPS: ₹3.71 (vs ₹2.37 loss in FY 2023)Full year 2024 results: EPS: ₹3.71 (up from ₹2.37 loss in FY 2023). Revenue: ₹25.4b (up 175% from FY 2023). Net income: ₹629.8m (up ₹993.9m from FY 2023). Profit margin: 2.5% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 79% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Apr 22Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 22% to ₹907. The fair value is estimated to be ₹753, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has declined by 29%.Price Target Changed • Apr 14Price target decreased by 7.1% to ₹975Down from ₹1,050, the current price target is provided by 1 analyst. New target price is 24% above last closing price of ₹784. Stock is up 22% over the past year. The company posted a net loss per share of ₹2.37 last year.Recent Insider Transactions • Feb 22Co-Founder recently sold ₹75m worth of stockOn the 15th of February, Arnob Roy sold around 100k shares on-market at roughly ₹750 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Arnob has been a net seller over the last 12 months, reducing personal holdings by ₹640m.Reported Earnings • Jan 21Third quarter 2024 earnings released: ₹2.64 loss per share (vs ₹0.71 loss in 3Q 2023)Third quarter 2024 results: ₹2.64 loss per share (further deteriorated from ₹0.71 loss in 3Q 2023). Revenue: ₹5.75b (up 110% from 3Q 2023). Net loss: ₹448.7m (loss widened 312% from 3Q 2023). Revenue is forecast to grow 57% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 79% per year, which means it is well ahead of earnings.Recent Insider Transactions • Dec 13Co-Founder recently sold ₹42m worth of stockOn the 8th of December, Arnob Roy sold around 50k shares on-market at roughly ₹834 per share. This transaction amounted to 7.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Arnob has been a net seller over the last 12 months, reducing personal holdings by ₹565m.お知らせ • Oct 21Tejas Networks Limited Announces CFO ChangesTejas Networks Limited announced that Mr. Venkatesh Gadiyar, Chief Financial Officer of the Company has tendered his resignation vide the Letter of Resignation dated October 20, 2023 and the Board of Directors of the Company noted the same. Consequently, Mr. Venkatesh Gadiyar will cease to be Chief Financial Officer of the Company and will be relieved from the services of the Company with effect from close of business hours on November 30, 2023. The Board of Directors of the Company based on the recommendation of the Nomination and Remuneration Committee of the Board and as approved by the Audit Committee of the Board has appointed Mr. Sumit Dhingra as Chief Financial Officer of the Company with effect from December 1, 2023. The term of appointment shall commence from December 1, 2023 and continue till his resignation or him attaining the age of retirement as per Company's Internal Human Resource Policy, whichever is earlier. Experience of over 16 years in corporate finance, performance management,business planning, acquisitions, fund-raising, strategic analysis, and project management across a spectrum of industries. Currently working as Assistant Vice President in the Group CFO's Office at Tata Sons Private Limited. In the past, Sumit has also worked with Kotak Investment Banking and Everstone Capital. Mr. Sumit Dhingra is a MBA from Indian Institute of Management Calcutta & BE (CSC) from Delhi Institute of Technology.Recent Insider Transactions • Sep 13Co-Founder recently sold ₹23m worth of stockOn the 8th of September, Arnob Roy sold around 25k shares on-market at roughly ₹905 per share. This transaction amounted to 3.2% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹85m. Arnob has been a net seller over the last 12 months, reducing personal holdings by ₹455m.Recent Insider Transactions • Aug 20Co-Founder & CTO recently sold ₹17m worth of stockOn the 17th of August, Kumar Sivarajan sold around 19k shares on-market at roughly ₹856 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹43m. Kumar has been a net seller over the last 12 months, reducing personal holdings by ₹173m.お知らせ • Jul 23Tejas Networks Limited Announces Reconstitution of the Audit Committee with Effect from July 21, 2023Tejas Networks Limited announced reconstitution of the Audit Committee with effect from July 21, 2023. Composition of Audit Committee: Mr. Chandrashekhar Bhaskar Bhave - Chairperson; Mr. P R Ramesh - Member; Mr. A S Lakshminarayanan - Member; Prof. Bhaskar Ramamurthi - Member; Mrs. Alice G Vaidyan - Member.Reported Earnings • Jul 22First quarter 2024 earnings released: ₹1.56 loss per share (vs ₹0.45 loss in 1Q 2023)First quarter 2024 results: ₹1.56 loss per share (further deteriorated from ₹0.45 loss in 1Q 2023). Revenue: ₹2.07b (up 65% from 1Q 2023). Net loss: ₹262.9m (loss widened 296% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has increased by 150% per year, which means it is tracking significantly ahead of earnings growth.Recent Insider Transactions • Jun 13Co-Founder recently sold ₹43m worth of stockOn the 9th of June, Sanjay Nayak sold around 60k shares on-market at roughly ₹716 per share. This transaction amounted to 2.0% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹83m. Sanjay has been a net seller over the last 12 months, reducing personal holdings by ₹229m.Reported Earnings • Jun 04Full year 2023 earnings released: ₹2.37 loss per share (vs ₹5.97 loss in FY 2022)Full year 2023 results: ₹2.37 loss per share (improved from ₹5.97 loss in FY 2022). Revenue: ₹9.22b (up 67% from FY 2022). Net loss: ₹364.1m (loss narrowed 42% from FY 2022). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has increased by 153% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 30+ 3 more updatesTejas Networks Limited to Report Q2, 2024 Results on Oct 20, 2023Tejas Networks Limited announced that they will report Q2, 2024 results on Oct 20, 2023Recent Insider Transactions • May 27Co-Founder recently sold ₹41m worth of stockOn the 23rd of May, Arnob Roy sold around 61k shares on-market at roughly ₹665 per share. This transaction amounted to 7.8% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹83m. Arnob has been a net seller over the last 12 months, reducing personal holdings by ₹359m.Recent Insider Transactions • May 17Co-Founder recently sold ₹83m worth of stockOn the 12th of May, Arnob Roy sold around 123k shares on-market at roughly ₹676 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Arnob has been a net seller over the last 12 months, reducing personal holdings by ₹319m.Recent Insider Transactions • May 01Co-Founder recently sold ₹20m worth of stockOn the 27th of April, Arnob Roy sold around 32k shares on-market at roughly ₹635 per share. This transaction amounted to 9.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Arnob has been a net seller over the last 12 months, reducing personal holdings by ₹153m.Reported Earnings • Apr 22Full year 2023 earnings released: ₹2.46 loss per share (vs ₹5.97 loss in FY 2022)Full year 2023 results: ₹2.46 loss per share (improved from ₹5.97 loss in FY 2022). Revenue: ₹10.0b (up 81% from FY 2022). Net loss: ₹364.1m (loss narrowed 42% from FY 2022). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has increased by 159% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Apr 06High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Additional Independent Non-Executive Director Alice Vaidyan was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 08Third quarter 2023 earnings released: ₹0.71 loss per share (vs ₹2.13 loss in 3Q 2022)Third quarter 2023 results: ₹0.71 loss per share (improved from ₹2.13 loss in 3Q 2022). Revenue: ₹2.96b (up 176% from 3Q 2022). Net loss: ₹108.8m (loss narrowed 55% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has increased by 95% per year, which means it is tracking significantly ahead of earnings growth.Recent Insider Transactions • Dec 11Insider recently sold ₹2.1m worth of stockOn the 6th of December, Neelagandan P G sold around 3k shares on-market at roughly ₹637 per share. This transaction amounted to 6.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹67m. Insiders have been net sellers, collectively disposing of ₹467m more than they bought in the last 12 months.Reported Earnings • Oct 22Second quarter 2023 earnings released: EPS: ₹0.07 (vs ₹0.37 in 2Q 2022)Second quarter 2023 results: EPS: ₹0.07 (down from ₹0.37 in 2Q 2022). Revenue: ₹2.40b (up 39% from 2Q 2022). Net income: ₹10.7m (down 71% from 2Q 2022). Profit margin: 0.4% (down from 2.1% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 108% per year, which means it is tracking significantly ahead of earnings growth.Recent Insider Transactions • Sep 16Insider recently sold ₹1.9m worth of stockOn the 9th of September, Neelagandan P G sold around 3k shares on-market at roughly ₹634 per share. This transaction amounted to 7.0% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹70m. Insiders have been net sellers, collectively disposing of ₹394m more than they bought in the last 12 months.Recent Insider Transactions • Sep 09Senior Vice President of Technology recently sold ₹10m worth of stockOn the 5th of September, Milind Kulkarni sold around 18k shares on-market at roughly ₹580 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹70m. Insiders have been net sellers, collectively disposing of ₹402m more than they bought in the last 12 months.お知らせ • Aug 21Tejas Networks Limited (BSE:540595) acquired remaining 35.6% in Saankhya Labs Pvt. Ltd. for INR 42.5 million.Tejas Networks Limited (BSE:540595) acquired remaining 35.6% in Saankhya Labs Pvt. Ltd. for INR 42.5 million on August 19, 2022. Tejas Networks Limited (BSE:540595) completed the acquisition of remaining 35.6% in Saankhya Labs Pvt. Ltd. on August 19, 2022.Recent Insider Transactions • Aug 21Co-Founder recently sold ₹47m worth of stockOn the 19th of August, Arnob Roy sold around 95k shares on-market at roughly ₹490 per share. This was the largest sale by an insider in the last 3 months. Arnob has been a seller over the last 12 months, reducing personal holdings by ₹49m.Recent Insider Transactions • Aug 14Co-Founder recently sold ₹2.5m worth of stockOn the 8th of August, Arnob Roy sold around 5k shares on-market at roughly ₹498 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹2.8m. This was Arnob's only on-market trade for the last 12 months.Recent Insider Transactions • Aug 10Insider recently sold ₹1.5m worth of stockOn the 3rd of August, K. Gowda sold around 3k shares on-market at roughly ₹484 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹2.8m. Insiders have been net sellers, collectively disposing of ₹180m more than they bought in the last 12 months.Reported Earnings • Jul 07Full year 2022 earnings released: ₹5.97 loss per share (vs ₹4.06 profit in FY 2021)Full year 2022 results: ₹5.97 loss per share (down from ₹4.06 profit in FY 2021). Revenue: ₹5.53b (up 4.8% from FY 2021). Net loss: ₹627.1m (down 267% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 51% per year, which means it is well ahead of earnings.お知らせ • Jul 05+ 2 more updatesTejas Networks Limited to Report Q2, 2023 Results on Oct 21, 2022Tejas Networks Limited announced that they will report Q2, 2023 results on Oct 21, 2022お知らせ • Jun 29Tejas Networks Limited, Annual General Meeting, Jul 26, 2022Tejas Networks Limited, Annual General Meeting, Jul 26, 2022, at 16:00 Indian Standard Time.お知らせ • Jun 28Tejas Networks Limited Announces Board ChangesTejas Networks announced the appointment of Prof. Bhaskar Ramamurthi and Mr. P. R. Ramesh as Independent (Additional) Directors with effect from June 27, 2022. These appointments are based on the recommendation of the Nomination and Remuneration Committee of the Board and is subject to the approval of shareholders. The company also announced that Dr. Gururaj Deshpande, who has been a Board member of Tejas Networks since its inception in year 2000, has resigned from his present position as a Non-Executive Director with effect from June 28, 2022. Prof. Bhaskar Ramamurthi was the Director of IIT Madras from 2011 to 2022. An alumnus of IIT Madras and the University of California, Santa Barbara, Prof. Bhaskar is a Fellow of Indian National Academy of Engineering (INAE) as well as IEEE, and has won several awards for his world-class research in electronics and communications engineering. Prof. Ramamurthi is an honorary Director of the Centre of Excellence in Wireless Technology (CEWiT), a public-private initiative at the IIT-M Research Park and has also served on the Board of Oil India Limited (OIL) and Bharat Electronics Limited (BEL). Mr. P. R. Ramesh was the Chairman of Deloitte India and has over 40 years of experience in the profession, having served as a member of Deloitte Global Board and Deloitte Asia Pacific Board. Mr. Ramesh is a Fellow Member of the Institute of Chartered Accountants of India (ICAI) and has also been associated with various Regulatory and Industry Bodies. He has extensive experience working with clients in manufacturing, banking and financial services, technology, media, telecommunications, energy and resources and consumer business sectors throughout his professional career.Recent Insider Transactions • Jun 22Head of Investor Relations recently sold ₹1.0m worth of stockOn the 14th of June, Santosh Kesavan sold around 2k shares on-market at roughly ₹454 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹2.8m. Insiders have been net sellers, collectively disposing of ₹797m more than they bought in the last 12 months.Recent Insider Transactions • Jun 11Insider recently sold ₹2.8m worth of stockOn the 6th of June, Milind Kulkarni sold around 6k shares on-market at roughly ₹466 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹793m more than they bought in the last 12 months.Reported Earnings • Apr 27Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: ₹5.97 loss per share (down from ₹4.06 profit in FY 2021). Revenue: ₹5.51b (up 4.3% from FY 2021). Net loss: ₹627.1m (down 267% from profit in FY 2021). Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings.お知らせ • Apr 23Tejas Networks Limited Announces Board ChangesTejas Networks Limited at its board meeting held on April 22, 2022 appointed N. Ganapathy Subramaniam as Non-Executive Chairman of the Board, with effect from May 18, 2022. Mr. N. Ganapathy Subramaniam is the Chief Operating Officer (COO) and Executive Director (ED) of Tata Consultancy Services (TCS) since February 2017 and is also a Director and Chairman of Tata Elxsi Limited since November, 2014. Mr. Balakrishnan V has resigned from the position of the Non-Executive Chairman and Independent Director with effect from April 23, 2022.お知らせ • Apr 16Tejas Networks Limited Announces Board AppointmentsTejas Networks Limited announced that the shareholders of the company have approved through Postal Ballot on April 15, 2022 the following: the appointment of N. Ganapathy Subramaniam as Non-Independent and Non-Executive Director, liable to retire by rotation, of the Company and as Nominee Director of Panatone Finvest Limited. The appointment of A. S. Lakshminarayanan as Non-Independent and Non-Executive Director, liable to retire by rotation, of the Company and as Nominee Director of Panatone Finvest Limited. N. Ganapathy Subramaniam is the Chief Operating Officer and Executive Director of Tata Consultancy Services since February 2017 and is also a Director and Chairman of Tata Elxsi Limited since November, 2014. A. S. Lakshminarayanan has over 35 years of experience in a broad range of leadership roles across regions and industries. Prior to joining Tata Communications, A. S. Lakshminarayanan was President and CEO of Tata Consultancy Services Japan Ltd.Reported Earnings • Jan 21Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: ₹2.13 loss per share (down from ₹1.00 profit in 3Q 2021). Revenue: ₹1.07b (down 21% from 3Q 2021). Net loss: ₹243.0m (down 363% from profit in 3Q 2021). Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.Recent Insider Transactions • Dec 17Insider recently sold ₹40m worth of stockOn the 13th of December, Govindan Kutty sold around 102k shares on-market at roughly ₹392 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹835m more than they bought in the last 12 months.Reported Earnings • Oct 22Second quarter 2022 earnings released: EPS ₹0.37 (vs ₹0.49 in 2Q 2021)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: ₹1.73b (up 57% from 2Q 2021). Net income: ₹36.6m (down 19% from 2Q 2021). Profit margin: 2.1% (down from 4.1% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.お知らせ • Sep 09Tejas Networks Limited announced that it has received INR 8.375000049 billion in funding from Panatone Finvest Ltd.On September 8, 2021, Tejas Networks Limited closed the transaction pursuant to Regulation 30 of the Securities Exchange Board of India. The allotment was done pursuant to the payment of the subscription amounts for the subscription shares, the Series A Warrants and the Series B Warrants.Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₹428, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 25x in the Communications industry in Asia. Total returns to shareholders of 39% over the past three years.株主還元TEJASNETIN CommunicationsIN 市場7D23.9%4.3%0.9%1Y-24.2%34.2%6.1%株主還元を見る業界別リターン: TEJASNET過去 1 年間で34.2 % の収益を上げたIndian Communications業界を下回りました。リターン対市場: TEJASNETは、過去 1 年間で6.1 % のリターンを上げたIndian市場を下回りました。価格変動Is TEJASNET's price volatile compared to industry and market?TEJASNET volatilityTEJASNET Average Weekly Movement11.9%Communications Industry Average Movement7.7%Market Average Movement7.2%10% most volatile stocks in IN Market10.2%10% least volatile stocks in IN Market4.7%安定した株価: TEJASNETの株価は、 Indian市場と比較して過去 3 か月間で変動しています。時間の経過による変動: TEJASNETの weekly volatility ( 12% ) は過去 1 年間安定していますが、依然としてIndianの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト20002,370Arnob Roywww.tejasnetworks.comテジャス・ネットワークス・リミテッドは、インド国内外において無線・有線ネットワーク製品の設計・製造・販売を行っている。ファイバーブロードバンド、モバイルブロードバンド、高速イーサネット、パケット光トランスポート技術を1つのプラットフォームに統合したTJ1400eNodeBウルトラフレックス、マクロeNodeBソリューションのTJ1620W、ラックマウントサーバープラットフォームのTJ6003Wを提供している。また、ブロードバンドソリューションを提供するピザボックス型GPON OLTであるTJ1400-1 OLT、様々なエンドユーザーONTデバイスを備えたFTTHおよびFTTBサービス用のGPON/XGS-PONソリューションであるTJ1400 OLT、光アクセスネットワークをファイバー・ツー・ザ・ホームおよびファイバー・ツー・ザ・ビルディング形式で展開するためのTJ2100N ONTも提供している。さらに、レイヤ2+スイッチのTJ1400P-M1ポートフォリオ、LANとメトロアプリケーションに最適化されたTJ1400P M3とTJ1400P M2スイッチング製品、TJ1400P-4Xシリーズアクセスルータ、アグリゲーション/コアサービスルータのTJ1400などのエンタープライズイーサネットスイッチを提供している。さらに、モバイルバックホール、ブロードバンドアクセス、エンタープライズ、ネットワーク近代化向けに設計されたブロードバンド「TJ1400」、モバイルバックホールネットワーク、ビジネスコネクティビティ、ブロードバンド、アクセスインフラなどのアプリケーションやサービスのサポートを可能にする光トランスポートプラットフォーム「TJ1600」、マルチサービスプロビジョニングプラットフォーム「TJ1270 MSPP」を提供している。さらに、エッジおよびアクセスアプリケーション向けのTJ1400P、アクセスおよびアグリゲーションアプリケーション向けのTJI400PTNを提供している。さらに、TJ1600マイクロOTNコンパクトプラットフォーム、TJ1600 OTN/DWDM、TJ1600コアスイッチ、TJ5500ネットワーク管理システム、D2Mサービス用Saankhya SL-3000 SDRを提供している。さらに、D2Mネットワーク展開のためのインフラハードウェアおよびソフトウェア製品群も開発している。同社は、電気通信サービス・プロバイダー、インターネット・サービス・プロバイダー、ウェブスケール・インターネット企業、公益企業、防衛企業、政府機関に製品を販売している。旧社名はTejas Networks India Limitedで、2008年3月に社名をTejas Networks Limitedに変更。テジャス・ネットワークスは2000年に設立され、本社はインドのベンガルールにある。もっと見るTejas Networks Limited 基礎のまとめTejas Networks の収益と売上を時価総額と比較するとどうか。TEJASNET 基礎統計学時価総額₹91.43b収益（TTM）-₹9.09b売上高(TTM)₹11.03b8.3xP/Sレシオ-10.1xPER（株価収益率TEJASNET は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計TEJASNET 損益計算書（TTM）収益₹11.03b売上原価₹7.67b売上総利益₹3.36bその他の費用₹12.45b収益-₹9.09b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）-51.14グロス・マージン30.48%純利益率-82.38%有利子負債／自己資本比率137.7%TEJASNET の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.5%現在の配当利回り10%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/08 19:16終値2026/05/08 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Tejas Networks Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。6 アナリスト機関Pankaj KaduAxis Capital LimitedKameswari V. S. ChavaliFirstCall ResearchSaji JohnGeojit Financial Services Ltd.3 その他のアナリストを表示
お知らせ • 56mTejas Networks Limited, Annual General Meeting, Jun 26, 2026Tejas Networks Limited, Annual General Meeting, Jun 26, 2026.
New Risk • Apr 16New major risk - Revenue and earnings growthEarnings have declined by 22% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 22% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Apr 16Full year 2026 earnings released: ₹51.35 loss per share (vs ₹25.75 profit in FY 2025)Full year 2026 results: ₹51.35 loss per share (down from ₹25.75 profit in FY 2025). Revenue: ₹11.4b (down 87% from FY 2025). Net loss: ₹9.09b (down 304% from profit in FY 2025). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 10Tejas Networks Limited to Report Fiscal Year 2026 Results on Apr 15, 2026Tejas Networks Limited announced that they will report fiscal year 2026 results on Apr 15, 2026
お知らせ • Mar 04Tejas Networks Limited Launches Hyper-Scalable Data Center Interconnect PlatformTejas Networks announced the launch of TJ1600-D3, its next-generation, versatile WDM (Wavelength Division Multiplexing) optical transport product which is purpose-built to meet the surging demand for terabit-scale data center interconnections worldwide. The product was unveiled at Mobile World Congress (MWC) 2026, Barcelona, Spain. TJ1600-D3 is powered by the latest DSPs (Digital Signal Processors) and chipsets, engineered for operators and enterprises demanding extreme capacity, carrier-grade reliability, and best-in-class energy efficiency. It supports a range of performance-optimized and power-optimized traffic sleds, with flexible line rates from 400G to 1.2T per wavelength and scaling up to 51.2 Tbps of shelf capacity. Redundant controllers, fans, and power modules combined with universal AC/DC power compatibility ensure that TJ1600-D3 delivers highly resilient services in an optimized 3-RU form factor.
New Risk • Jan 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.3% average weekly change).
お知らせ • 56mTejas Networks Limited, Annual General Meeting, Jun 26, 2026Tejas Networks Limited, Annual General Meeting, Jun 26, 2026.
New Risk • Apr 16New major risk - Revenue and earnings growthEarnings have declined by 22% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 22% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Apr 16Full year 2026 earnings released: ₹51.35 loss per share (vs ₹25.75 profit in FY 2025)Full year 2026 results: ₹51.35 loss per share (down from ₹25.75 profit in FY 2025). Revenue: ₹11.4b (down 87% from FY 2025). Net loss: ₹9.09b (down 304% from profit in FY 2025). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 10Tejas Networks Limited to Report Fiscal Year 2026 Results on Apr 15, 2026Tejas Networks Limited announced that they will report fiscal year 2026 results on Apr 15, 2026
お知らせ • Mar 04Tejas Networks Limited Launches Hyper-Scalable Data Center Interconnect PlatformTejas Networks announced the launch of TJ1600-D3, its next-generation, versatile WDM (Wavelength Division Multiplexing) optical transport product which is purpose-built to meet the surging demand for terabit-scale data center interconnections worldwide. The product was unveiled at Mobile World Congress (MWC) 2026, Barcelona, Spain. TJ1600-D3 is powered by the latest DSPs (Digital Signal Processors) and chipsets, engineered for operators and enterprises demanding extreme capacity, carrier-grade reliability, and best-in-class energy efficiency. It supports a range of performance-optimized and power-optimized traffic sleds, with flexible line rates from 400G to 1.2T per wavelength and scaling up to 51.2 Tbps of shelf capacity. Redundant controllers, fans, and power modules combined with universal AC/DC power compatibility ensure that TJ1600-D3 delivers highly resilient services in an optimized 3-RU form factor.
New Risk • Jan 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.3% average weekly change).
Reported Earnings • Jan 11Third quarter 2026 earnings released: ₹11.09 loss per share (vs ₹9.44 profit in 3Q 2025)Third quarter 2026 results: ₹11.09 loss per share (down from ₹9.44 profit in 3Q 2025). Revenue: ₹3.14b (down 88% from 3Q 2025). Net loss: ₹1.97b (down 219% from profit in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 10% per year.
お知らせ • Jan 02Tejas Networks Limited to Report Q3, 2026 Results on Jan 09, 2026Tejas Networks Limited announced that they will report Q3, 2026 results at 12:08 PM, Indian Standard Time on Jan 09, 2026
Reported Earnings • Oct 19Second quarter 2026 earnings released: ₹17.38 loss per share (vs ₹16.06 profit in 2Q 2025)Second quarter 2026 results: ₹17.38 loss per share (down from ₹16.06 profit in 2Q 2025). Revenue: ₹2.62b (down 91% from 2Q 2025). Net loss: ₹3.07b (down 212% from profit in 2Q 2025). Revenue is forecast to stay flat during the next 2 years compared to a 22% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Oct 10Tejas Networks Limited to Report Q2, 2026 Results on Oct 17, 2025Tejas Networks Limited announced that they will report Q2, 2026 results at 12:08 PM, Indian Standard Time on Oct 17, 2025
Reported Earnings • Jul 16First quarter 2026 earnings released: ₹10.99 loss per share (vs ₹4.54 profit in 1Q 2025)First quarter 2026 results: ₹10.99 loss per share (down from ₹4.54 profit in 1Q 2025). Revenue: ₹2.12b (down 86% from 1Q 2025). Net loss: ₹1.94b (down 350% from profit in 1Q 2025). Revenue is expected to decline by 27% p.a. on average during the next 2 years, while revenues in the Communications industry in Asia are expected to grow by 18%. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 09Tejas Networks Limited to Report Q1, 2026 Results on Jul 14, 2025Tejas Networks Limited announced that they will report Q1, 2026 results at 12:08 PM, Indian Standard Time on Jul 14, 2025
Upcoming Dividend • Jun 12Upcoming dividend of ₹2.50 per shareEligible shareholders must have bought the stock before 19 June 2025. Payment date: 27 July 2025. Payout ratio is a comfortable 9.7% but the company is not cash flow positive. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.2%). In line with average of industry peers (0.3%).
Reported Earnings • Jun 08Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: ₹25.75 (up from ₹3.71 in FY 2024). Revenue: ₹89.2b (up 261% from FY 2024). Net income: ₹4.47b (up ₹3.84b from FY 2024). Profit margin: 5.0% (up from 2.5% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 55%. Revenue is expected to decline by 36% p.a. on average during the next 2 years, while revenues in the Communications industry in Asia are expected to grow by 18%. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 02Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₹705, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 25x in the Communications industry in Asia. Total returns to shareholders of 61% over the past three years.
お知らせ • Apr 28Tejas Networks Limited, Annual General Meeting, Jun 27, 2025Tejas Networks Limited, Annual General Meeting, Jun 27, 2025, at 15:00 Indian Standard Time.
New Risk • Apr 27New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.3% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings are forecast to decline by an average of 30% per year for the foreseeable future. High level of non-cash earnings (30% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Significant insider selling over the past 3 months (₹560m sold).
Reported Earnings • Apr 26Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: ₹25.75 (up from ₹3.71 in FY 2024). Revenue: ₹89.7b (up 263% from FY 2024). Net income: ₹4.47b (up ₹3.84b from FY 2024). Profit margin: 5.0% (up from 2.5% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 55%. Revenue is expected to decline by 36% p.a. on average during the next 2 years, while revenues in the Communications industry in Asia are expected to grow by 18%. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 26Tejas Networks Limited announces Annual dividend, payable on July 27, 2025Tejas Networks Limited announced Annual dividend of INR 2.5000 per share payable on July 27, 2025, ex-date on June 19, 2025 and record date on June 19, 2025.
Valuation Update With 7 Day Price Move • Mar 21Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₹800, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 32x in the Communications industry in Asia. Total returns to shareholders of 108% over the past three years.
Recent Insider Transactions • Feb 21Insider recently sold ₹52m worth of stockOn the 12th of February, Vishwakumara Kayargadde sold around 64k shares on-market at roughly ₹816 per share. This transaction amounted to 35% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹91m. Insiders have been net sellers, collectively disposing of ₹1.8b more than they bought in the last 12 months.
Recent Insider Transactions • Feb 12Insider recently sold ₹89m worth of stockOn the 6th of February, Vishwakumara Kayargadde sold around 100k shares on-market at roughly ₹882 per share. This transaction amounted to 35% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹1.7b more than they bought in the last 12 months.
Recent Insider Transactions • Feb 04Insider recently sold ₹56m worth of stockOn the 28th of January, Vishwakumara Kayargadde sold around 62k shares on-market at roughly ₹898 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹1.5b more than they bought in the last 12 months.
Valuation Update With 7 Day Price Move • Jan 30Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ₹866, the stock trades at a trailing P/E ratio of 22.9x. Average trailing P/E is 37x in the Communications industry in India. Total returns to shareholders of 85% over the past three years.
New Risk • Jan 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Significant insider selling over the past 3 months (₹347m sold).
Reported Earnings • Jan 24Third quarter 2025 earnings released: EPS: ₹9.44 (vs ₹2.64 loss in 3Q 2024)Third quarter 2025 results: EPS: ₹9.44 (up from ₹2.64 loss in 3Q 2024). Revenue: ₹26.6b (up 374% from 3Q 2024). Net income: ₹1.66b (up ₹2.11b from 3Q 2024). Profit margin: 6.2% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 24Tejas Networks Limited Appoints Sanjay Malik as EVP - Chief Strategy and Business OfficerTejas Networks Limited appointed Sanjay Malik, former India Country Head of Nokia, as EVP - Chief Strategy and Business Officer. In this role, Sanjay will work with the CEO and the senior management team at Tejas to drive the overall corporate strategy, business management and engagement with various stakeholders including government, customers and partners across India and International markets. Sanjay Malik has extensive experience in the global telecom industry. In his long stint at Nokia spanning over two decades, Sanjay served in a variety of senior leadership roles across strategy, sales, business management and operational execution both in India and globally. Most recently, for nearly eight years, he held the position of SVP and India Country Head and led Nokia India to market leadership position in the country. Sanjay holds a post-graduate degree (MBA) from IIM, Mumbai and has also completed various Executive Leadership Programs in his professional career.
Recent Insider Transactions • Dec 18Insider recently sold ₹45m worth of stockOn the 13th of December, Sunil Handoo sold around 34k shares on-market at roughly ₹1,316 per share. This transaction amounted to 26% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹1.4b more than they bought in the last 12 months.
Recent Insider Transactions • Dec 01Insider recently sold ₹5.2m worth of stockOn the 28th of November, Neelagandan P G sold around 4k shares on-market at roughly ₹1,318 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹42m. Insiders have been net sellers, collectively disposing of ₹1.3b more than they bought in the last 12 months.
Recent Insider Transactions • Nov 20Insider recently sold ₹2.9m worth of stockOn the 11th of November, Neelagandan P G sold around 2k shares on-market at roughly ₹1,428 per share. This transaction amounted to 7.5% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹42m. Insiders have been net sellers, collectively disposing of ₹1.3b more than they bought in the last 12 months.
Recent Insider Transactions • Nov 16Insider recently sold ₹27m worth of stockOn the 8th of November, Rupinder Singh sold around 20k shares on-market at roughly ₹1,377 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹42m. Insiders have been net sellers, collectively disposing of ₹1.2b more than they bought in the last 12 months.
Buy Or Sell Opportunity • Nov 01Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to ₹1,370. The fair value is estimated to be ₹1,134, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 84% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 32% in a year. Earnings are forecast to grow by 139% in the next year.
Recent Insider Transactions • Oct 27Chief Human Resources Officer recently sold ₹7.8m worth of stockOn the 24th of October, Abhijat Mitra sold around 6k shares on-market at roughly ₹1,306 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹42m. Insiders have been net sellers, collectively disposing of ₹1.1b more than they bought in the last 12 months.
New Risk • Oct 19New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (100% accrual ratio). Minor Risks Shareholders have been diluted in the past year (3.2% increase in shares outstanding). Significant insider selling over the past 3 months (₹109m sold).
New Risk • Oct 12New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (3.2% increase in shares outstanding). Significant insider selling over the past 3 months (₹109m sold).
Recent Insider Transactions • Sep 13Insider recently sold ₹2.7m worth of stockOn the 5th of September, Rupinder Singh sold around 2k shares on-market at roughly ₹1,335 per share. This transaction amounted to 3.2% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹14m. Insiders have been net sellers, collectively disposing of ₹994m more than they bought in the last 12 months.
Recent Insider Transactions • Aug 31Insider recently sold ₹1.3m worth of stockOn the 26th of August, Gajendra Ranka sold around 1k shares on-market at roughly ₹1,282 per share. This transaction amounted to 2.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹38m. Insiders have been net sellers, collectively disposing of ₹1.1b more than they bought in the last 12 months.
Recent Insider Transactions • Aug 23Insider recently sold ₹1.2m worth of stockOn the 14th of August, Gajendra Ranka sold around 1k shares on-market at roughly ₹1,198 per share. This transaction amounted to 2.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹38m. Insiders have been net sellers, collectively disposing of ₹1.2b more than they bought in the last 12 months.
Reported Earnings • Jul 21First quarter 2025 earnings released: EPS: ₹4.54 (vs ₹1.56 loss in 1Q 2024)First quarter 2025 results: EPS: ₹4.54 (up from ₹1.56 loss in 1Q 2024). Revenue: ₹15.0b (up ₹13.1b from 1Q 2024). Net income: ₹774.8m (up ₹1.04b from 1Q 2024). Profit margin: 5.2% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 91% per year, which means it is well ahead of earnings.
Recent Insider Transactions • Jun 15Insider recently sold ₹38m worth of stockOn the 7th of June, Parag Naik sold around 32k shares on-market at roughly ₹1,198 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹268m. Insiders have been net sellers, collectively disposing of ₹1.5b more than they bought in the last 12 months.
お知らせ • Jun 08+ 3 more updatesTejas Networks Limited to Report Q3, 2025 Results on Jan 17, 2025Tejas Networks Limited announced that they will report Q3, 2025 results on Jan 17, 2025
Recent Insider Transactions • May 21Insider recently sold ₹12m worth of stockOn the 13th of May, Neelagandan P G sold around 11k shares on-market at roughly ₹1,173 per share. This transaction amounted to 26% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹268m. Insiders have been net sellers, collectively disposing of ₹1.5b more than they bought in the last 12 months.
Recent Insider Transactions • May 03Co-Founder recently sold ₹268m worth of stockOn the 29th of April, Arnob Roy sold around 247k shares on-market at roughly ₹1,084 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Arnob has been a net seller over the last 12 months, reducing personal holdings by ₹805m.
New Risk • Apr 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 9.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (85% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.8% average weekly change). Significant insider selling over the past 3 months (₹75m sold).
お知らせ • Apr 23Tejas Networks Limited, Annual General Meeting, Jun 28, 2024Tejas Networks Limited, Annual General Meeting, Jun 28, 2024, at 15:00 Indian Standard Time.
Reported Earnings • Apr 23Full year 2024 earnings released: EPS: ₹3.71 (vs ₹2.37 loss in FY 2023)Full year 2024 results: EPS: ₹3.71 (up from ₹2.37 loss in FY 2023). Revenue: ₹25.4b (up 175% from FY 2023). Net income: ₹629.8m (up ₹993.9m from FY 2023). Profit margin: 2.5% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 79% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Apr 22Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 22% to ₹907. The fair value is estimated to be ₹753, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has declined by 29%.
Price Target Changed • Apr 14Price target decreased by 7.1% to ₹975Down from ₹1,050, the current price target is provided by 1 analyst. New target price is 24% above last closing price of ₹784. Stock is up 22% over the past year. The company posted a net loss per share of ₹2.37 last year.
Recent Insider Transactions • Feb 22Co-Founder recently sold ₹75m worth of stockOn the 15th of February, Arnob Roy sold around 100k shares on-market at roughly ₹750 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Arnob has been a net seller over the last 12 months, reducing personal holdings by ₹640m.
Reported Earnings • Jan 21Third quarter 2024 earnings released: ₹2.64 loss per share (vs ₹0.71 loss in 3Q 2023)Third quarter 2024 results: ₹2.64 loss per share (further deteriorated from ₹0.71 loss in 3Q 2023). Revenue: ₹5.75b (up 110% from 3Q 2023). Net loss: ₹448.7m (loss widened 312% from 3Q 2023). Revenue is forecast to grow 57% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 79% per year, which means it is well ahead of earnings.
Recent Insider Transactions • Dec 13Co-Founder recently sold ₹42m worth of stockOn the 8th of December, Arnob Roy sold around 50k shares on-market at roughly ₹834 per share. This transaction amounted to 7.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Arnob has been a net seller over the last 12 months, reducing personal holdings by ₹565m.
お知らせ • Oct 21Tejas Networks Limited Announces CFO ChangesTejas Networks Limited announced that Mr. Venkatesh Gadiyar, Chief Financial Officer of the Company has tendered his resignation vide the Letter of Resignation dated October 20, 2023 and the Board of Directors of the Company noted the same. Consequently, Mr. Venkatesh Gadiyar will cease to be Chief Financial Officer of the Company and will be relieved from the services of the Company with effect from close of business hours on November 30, 2023. The Board of Directors of the Company based on the recommendation of the Nomination and Remuneration Committee of the Board and as approved by the Audit Committee of the Board has appointed Mr. Sumit Dhingra as Chief Financial Officer of the Company with effect from December 1, 2023. The term of appointment shall commence from December 1, 2023 and continue till his resignation or him attaining the age of retirement as per Company's Internal Human Resource Policy, whichever is earlier. Experience of over 16 years in corporate finance, performance management,business planning, acquisitions, fund-raising, strategic analysis, and project management across a spectrum of industries. Currently working as Assistant Vice President in the Group CFO's Office at Tata Sons Private Limited. In the past, Sumit has also worked with Kotak Investment Banking and Everstone Capital. Mr. Sumit Dhingra is a MBA from Indian Institute of Management Calcutta & BE (CSC) from Delhi Institute of Technology.
Recent Insider Transactions • Sep 13Co-Founder recently sold ₹23m worth of stockOn the 8th of September, Arnob Roy sold around 25k shares on-market at roughly ₹905 per share. This transaction amounted to 3.2% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹85m. Arnob has been a net seller over the last 12 months, reducing personal holdings by ₹455m.
Recent Insider Transactions • Aug 20Co-Founder & CTO recently sold ₹17m worth of stockOn the 17th of August, Kumar Sivarajan sold around 19k shares on-market at roughly ₹856 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹43m. Kumar has been a net seller over the last 12 months, reducing personal holdings by ₹173m.
お知らせ • Jul 23Tejas Networks Limited Announces Reconstitution of the Audit Committee with Effect from July 21, 2023Tejas Networks Limited announced reconstitution of the Audit Committee with effect from July 21, 2023. Composition of Audit Committee: Mr. Chandrashekhar Bhaskar Bhave - Chairperson; Mr. P R Ramesh - Member; Mr. A S Lakshminarayanan - Member; Prof. Bhaskar Ramamurthi - Member; Mrs. Alice G Vaidyan - Member.
Reported Earnings • Jul 22First quarter 2024 earnings released: ₹1.56 loss per share (vs ₹0.45 loss in 1Q 2023)First quarter 2024 results: ₹1.56 loss per share (further deteriorated from ₹0.45 loss in 1Q 2023). Revenue: ₹2.07b (up 65% from 1Q 2023). Net loss: ₹262.9m (loss widened 296% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has increased by 150% per year, which means it is tracking significantly ahead of earnings growth.
Recent Insider Transactions • Jun 13Co-Founder recently sold ₹43m worth of stockOn the 9th of June, Sanjay Nayak sold around 60k shares on-market at roughly ₹716 per share. This transaction amounted to 2.0% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹83m. Sanjay has been a net seller over the last 12 months, reducing personal holdings by ₹229m.
Reported Earnings • Jun 04Full year 2023 earnings released: ₹2.37 loss per share (vs ₹5.97 loss in FY 2022)Full year 2023 results: ₹2.37 loss per share (improved from ₹5.97 loss in FY 2022). Revenue: ₹9.22b (up 67% from FY 2022). Net loss: ₹364.1m (loss narrowed 42% from FY 2022). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has increased by 153% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 30+ 3 more updatesTejas Networks Limited to Report Q2, 2024 Results on Oct 20, 2023Tejas Networks Limited announced that they will report Q2, 2024 results on Oct 20, 2023
Recent Insider Transactions • May 27Co-Founder recently sold ₹41m worth of stockOn the 23rd of May, Arnob Roy sold around 61k shares on-market at roughly ₹665 per share. This transaction amounted to 7.8% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹83m. Arnob has been a net seller over the last 12 months, reducing personal holdings by ₹359m.
Recent Insider Transactions • May 17Co-Founder recently sold ₹83m worth of stockOn the 12th of May, Arnob Roy sold around 123k shares on-market at roughly ₹676 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Arnob has been a net seller over the last 12 months, reducing personal holdings by ₹319m.
Recent Insider Transactions • May 01Co-Founder recently sold ₹20m worth of stockOn the 27th of April, Arnob Roy sold around 32k shares on-market at roughly ₹635 per share. This transaction amounted to 9.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Arnob has been a net seller over the last 12 months, reducing personal holdings by ₹153m.
Reported Earnings • Apr 22Full year 2023 earnings released: ₹2.46 loss per share (vs ₹5.97 loss in FY 2022)Full year 2023 results: ₹2.46 loss per share (improved from ₹5.97 loss in FY 2022). Revenue: ₹10.0b (up 81% from FY 2022). Net loss: ₹364.1m (loss narrowed 42% from FY 2022). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has increased by 159% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Apr 06High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Additional Independent Non-Executive Director Alice Vaidyan was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 08Third quarter 2023 earnings released: ₹0.71 loss per share (vs ₹2.13 loss in 3Q 2022)Third quarter 2023 results: ₹0.71 loss per share (improved from ₹2.13 loss in 3Q 2022). Revenue: ₹2.96b (up 176% from 3Q 2022). Net loss: ₹108.8m (loss narrowed 55% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has increased by 95% per year, which means it is tracking significantly ahead of earnings growth.
Recent Insider Transactions • Dec 11Insider recently sold ₹2.1m worth of stockOn the 6th of December, Neelagandan P G sold around 3k shares on-market at roughly ₹637 per share. This transaction amounted to 6.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹67m. Insiders have been net sellers, collectively disposing of ₹467m more than they bought in the last 12 months.
Reported Earnings • Oct 22Second quarter 2023 earnings released: EPS: ₹0.07 (vs ₹0.37 in 2Q 2022)Second quarter 2023 results: EPS: ₹0.07 (down from ₹0.37 in 2Q 2022). Revenue: ₹2.40b (up 39% from 2Q 2022). Net income: ₹10.7m (down 71% from 2Q 2022). Profit margin: 0.4% (down from 2.1% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 108% per year, which means it is tracking significantly ahead of earnings growth.
Recent Insider Transactions • Sep 16Insider recently sold ₹1.9m worth of stockOn the 9th of September, Neelagandan P G sold around 3k shares on-market at roughly ₹634 per share. This transaction amounted to 7.0% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹70m. Insiders have been net sellers, collectively disposing of ₹394m more than they bought in the last 12 months.
Recent Insider Transactions • Sep 09Senior Vice President of Technology recently sold ₹10m worth of stockOn the 5th of September, Milind Kulkarni sold around 18k shares on-market at roughly ₹580 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹70m. Insiders have been net sellers, collectively disposing of ₹402m more than they bought in the last 12 months.
お知らせ • Aug 21Tejas Networks Limited (BSE:540595) acquired remaining 35.6% in Saankhya Labs Pvt. Ltd. for INR 42.5 million.Tejas Networks Limited (BSE:540595) acquired remaining 35.6% in Saankhya Labs Pvt. Ltd. for INR 42.5 million on August 19, 2022. Tejas Networks Limited (BSE:540595) completed the acquisition of remaining 35.6% in Saankhya Labs Pvt. Ltd. on August 19, 2022.
Recent Insider Transactions • Aug 21Co-Founder recently sold ₹47m worth of stockOn the 19th of August, Arnob Roy sold around 95k shares on-market at roughly ₹490 per share. This was the largest sale by an insider in the last 3 months. Arnob has been a seller over the last 12 months, reducing personal holdings by ₹49m.
Recent Insider Transactions • Aug 14Co-Founder recently sold ₹2.5m worth of stockOn the 8th of August, Arnob Roy sold around 5k shares on-market at roughly ₹498 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹2.8m. This was Arnob's only on-market trade for the last 12 months.
Recent Insider Transactions • Aug 10Insider recently sold ₹1.5m worth of stockOn the 3rd of August, K. Gowda sold around 3k shares on-market at roughly ₹484 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹2.8m. Insiders have been net sellers, collectively disposing of ₹180m more than they bought in the last 12 months.
Reported Earnings • Jul 07Full year 2022 earnings released: ₹5.97 loss per share (vs ₹4.06 profit in FY 2021)Full year 2022 results: ₹5.97 loss per share (down from ₹4.06 profit in FY 2021). Revenue: ₹5.53b (up 4.8% from FY 2021). Net loss: ₹627.1m (down 267% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 51% per year, which means it is well ahead of earnings.
お知らせ • Jul 05+ 2 more updatesTejas Networks Limited to Report Q2, 2023 Results on Oct 21, 2022Tejas Networks Limited announced that they will report Q2, 2023 results on Oct 21, 2022
お知らせ • Jun 29Tejas Networks Limited, Annual General Meeting, Jul 26, 2022Tejas Networks Limited, Annual General Meeting, Jul 26, 2022, at 16:00 Indian Standard Time.
お知らせ • Jun 28Tejas Networks Limited Announces Board ChangesTejas Networks announced the appointment of Prof. Bhaskar Ramamurthi and Mr. P. R. Ramesh as Independent (Additional) Directors with effect from June 27, 2022. These appointments are based on the recommendation of the Nomination and Remuneration Committee of the Board and is subject to the approval of shareholders. The company also announced that Dr. Gururaj Deshpande, who has been a Board member of Tejas Networks since its inception in year 2000, has resigned from his present position as a Non-Executive Director with effect from June 28, 2022. Prof. Bhaskar Ramamurthi was the Director of IIT Madras from 2011 to 2022. An alumnus of IIT Madras and the University of California, Santa Barbara, Prof. Bhaskar is a Fellow of Indian National Academy of Engineering (INAE) as well as IEEE, and has won several awards for his world-class research in electronics and communications engineering. Prof. Ramamurthi is an honorary Director of the Centre of Excellence in Wireless Technology (CEWiT), a public-private initiative at the IIT-M Research Park and has also served on the Board of Oil India Limited (OIL) and Bharat Electronics Limited (BEL). Mr. P. R. Ramesh was the Chairman of Deloitte India and has over 40 years of experience in the profession, having served as a member of Deloitte Global Board and Deloitte Asia Pacific Board. Mr. Ramesh is a Fellow Member of the Institute of Chartered Accountants of India (ICAI) and has also been associated with various Regulatory and Industry Bodies. He has extensive experience working with clients in manufacturing, banking and financial services, technology, media, telecommunications, energy and resources and consumer business sectors throughout his professional career.
Recent Insider Transactions • Jun 22Head of Investor Relations recently sold ₹1.0m worth of stockOn the 14th of June, Santosh Kesavan sold around 2k shares on-market at roughly ₹454 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹2.8m. Insiders have been net sellers, collectively disposing of ₹797m more than they bought in the last 12 months.
Recent Insider Transactions • Jun 11Insider recently sold ₹2.8m worth of stockOn the 6th of June, Milind Kulkarni sold around 6k shares on-market at roughly ₹466 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹793m more than they bought in the last 12 months.
Reported Earnings • Apr 27Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: ₹5.97 loss per share (down from ₹4.06 profit in FY 2021). Revenue: ₹5.51b (up 4.3% from FY 2021). Net loss: ₹627.1m (down 267% from profit in FY 2021). Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings.
お知らせ • Apr 23Tejas Networks Limited Announces Board ChangesTejas Networks Limited at its board meeting held on April 22, 2022 appointed N. Ganapathy Subramaniam as Non-Executive Chairman of the Board, with effect from May 18, 2022. Mr. N. Ganapathy Subramaniam is the Chief Operating Officer (COO) and Executive Director (ED) of Tata Consultancy Services (TCS) since February 2017 and is also a Director and Chairman of Tata Elxsi Limited since November, 2014. Mr. Balakrishnan V has resigned from the position of the Non-Executive Chairman and Independent Director with effect from April 23, 2022.
お知らせ • Apr 16Tejas Networks Limited Announces Board AppointmentsTejas Networks Limited announced that the shareholders of the company have approved through Postal Ballot on April 15, 2022 the following: the appointment of N. Ganapathy Subramaniam as Non-Independent and Non-Executive Director, liable to retire by rotation, of the Company and as Nominee Director of Panatone Finvest Limited. The appointment of A. S. Lakshminarayanan as Non-Independent and Non-Executive Director, liable to retire by rotation, of the Company and as Nominee Director of Panatone Finvest Limited. N. Ganapathy Subramaniam is the Chief Operating Officer and Executive Director of Tata Consultancy Services since February 2017 and is also a Director and Chairman of Tata Elxsi Limited since November, 2014. A. S. Lakshminarayanan has over 35 years of experience in a broad range of leadership roles across regions and industries. Prior to joining Tata Communications, A. S. Lakshminarayanan was President and CEO of Tata Consultancy Services Japan Ltd.
Reported Earnings • Jan 21Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: ₹2.13 loss per share (down from ₹1.00 profit in 3Q 2021). Revenue: ₹1.07b (down 21% from 3Q 2021). Net loss: ₹243.0m (down 363% from profit in 3Q 2021). Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.
Recent Insider Transactions • Dec 17Insider recently sold ₹40m worth of stockOn the 13th of December, Govindan Kutty sold around 102k shares on-market at roughly ₹392 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹835m more than they bought in the last 12 months.
Reported Earnings • Oct 22Second quarter 2022 earnings released: EPS ₹0.37 (vs ₹0.49 in 2Q 2021)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: ₹1.73b (up 57% from 2Q 2021). Net income: ₹36.6m (down 19% from 2Q 2021). Profit margin: 2.1% (down from 4.1% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
お知らせ • Sep 09Tejas Networks Limited announced that it has received INR 8.375000049 billion in funding from Panatone Finvest Ltd.On September 8, 2021, Tejas Networks Limited closed the transaction pursuant to Regulation 30 of the Securities Exchange Board of India. The allotment was done pursuant to the payment of the subscription amounts for the subscription shares, the Series A Warrants and the Series B Warrants.
Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₹428, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 25x in the Communications industry in Asia. Total returns to shareholders of 39% over the past three years.
