Tejas Networks Future Growth

Future criteria checks 6/6

Tejas Networks is forecast to grow earnings and revenue by 68.5% and 36.8% per annum respectively. EPS is expected to grow by 68.4% per annum. Return on equity is forecast to be 22.7% in 3 years.

Key information

68.5%

Earnings growth rate

68.4%

EPS growth rate

Communications earnings growth	33.6%
Revenue growth rate	36.8%
Future return on equity	22.7%
Analyst coverage	Low
Last updated	23 Apr 2024

Recent future growth updates

Tejas Networks Limited (NSE:TEJASNET) Analysts Are Pretty Bullish On The Stock After Recent Results

Jan 22

Analysts Are Upgrading Tejas Networks Limited (NSE:TEJASNET) After Its Latest Results

Jul 29

Recent updates

Tejas Networks (NSE:TEJASNET) Could Be Struggling To Allocate Capital

Jul 27

Shareholders Will Probably Hold Off On Increasing Tejas Networks Limited's (NSE:TEJASNET) CEO Compensation For The Time Being

Jun 19

This Insider Has Just Sold Shares In Tejas Networks Limited (NSE:TEJASNET)

Feb 13

Tejas Networks Limited (NSE:TEJASNET) Analysts Are Pretty Bullish On The Stock After Recent Results

Jan 22

Is Tejas Networks Limited's (NSE:TEJASNET) Shareholder Ownership Skewed Towards Insiders?

Jan 11

How Much Is Tejas Networks Limited (NSE:TEJASNET) CEO Getting Paid?

Dec 16

Need To Know: Tejas Networks Limited (NSE:TEJASNET) Insiders Have Been Buying Shares

Nov 20

If You Had Bought Tejas Networks' (NSE:TEJASNET) Shares Three Years Ago You Would Be Down 75%

Oct 13

Does Tejas Networks' (NSE:TEJASNET) CEO Salary Compare Well With The Performance Of The Company?

Sep 08

Need To Know: Analysts Are Much More Bullish On Tejas Networks Limited (NSE:TEJASNET)

Aug 01

Analysts Are Upgrading Tejas Networks Limited (NSE:TEJASNET) After Its Latest Results

Jul 29

Earnings and Revenue Growth Forecasts

NSEI:TEJASNET - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2026	69,442	10,854	6,985	10,813	1
3/31/2025	96,513	10,919	17,769	21,512	1
3/31/2024	23,143	630	-24,449	-20,365	N/A
12/31/2023	14,451	-953	N/A	N/A	N/A
9/30/2023	11,597	-655	-4,000	-171	N/A
6/30/2023	9,837	-561	N/A	N/A	N/A
3/31/2023	9,215	-364	-6,293	-3,801	N/A
12/31/2022	7,493	-661	N/A	N/A	N/A
9/30/2022	5,818	-795	-3,192	-1,732	N/A
6/30/2022	5,346	-769	N/A	N/A	N/A
3/31/2022	5,531	-627	-1,347	-173	N/A
12/31/2021	6,269	205	N/A	N/A	N/A
9/30/2021	6,547	540	429	1,378	N/A
6/30/2021	5,920	549	N/A	N/A	N/A
3/31/2021	5,279	375	751	1,577	N/A
12/31/2020	3,853	-1,225	N/A	N/A	N/A
9/30/2020	3,370	-2,438	1	822	N/A
6/30/2020	3,144	-2,527	N/A	N/A	N/A
3/31/2020	3,962	-2,371	-922	6	N/A
12/31/2019	6,091	-747	N/A	N/A	N/A
9/30/2019	7,068	702	-1,703	-756	N/A
6/30/2019	8,264	1,081	N/A	N/A	N/A
3/31/2019	9,003	1,472	-1,619	-816	N/A
12/31/2018	7,293	1,404	N/A	N/A	N/A
9/30/2018	7,749	1,377	N/A	N/A	N/A
6/30/2018	7,840	1,311	N/A	N/A	N/A
3/31/2018	7,498	1,065	1,714	2,395	N/A
12/31/2017	9,066	1,148	N/A	N/A	N/A
9/30/2017	9,440	963	N/A	N/A	N/A
6/30/2017	9,422	854	N/A	N/A	N/A
3/31/2017	8,746	930	N/A	1,497	N/A
12/31/2016	8,291	384	N/A	N/A	N/A
9/30/2016	7,703	419	N/A	1,530	N/A
6/30/2016	6,612	254	N/A	N/A	N/A
3/31/2016	6,275	285	N/A	1,268	N/A
3/31/2015	3,868	-179	N/A	760	N/A
3/31/2014	4,231	28	N/A	269	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TEJASNET's forecast earnings growth (68.5% per year) is above the savings rate (6.7%).

Earnings vs Market: TEJASNET's earnings (68.5% per year) are forecast to grow faster than the Indian market (17.5% per year).

High Growth Earnings: TEJASNET's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: TEJASNET's revenue (36.8% per year) is forecast to grow faster than the Indian market (10% per year).

High Growth Revenue: TEJASNET's revenue (36.8% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: TEJASNET's Return on Equity is forecast to be high in 3 years time (22.7%)

Tejas Networks Future Growth

Future criteria checks 6/6

Key information

Recent future growth updates

Price target decreased by 7.1% to ₹975

Tejas Networks Limited (NSE:TEJASNET) Analysts Are Pretty Bullish On The Stock After Recent Results

Analysts Are Upgrading Tejas Networks Limited (NSE:TEJASNET) After Its Latest Results

Recent updates

Co-Founder recently sold ₹268m worth of stock

New minor risk - Share price stability

Tejas Networks Limited, Annual General Meeting, Jun 28, 2024

Full year 2024 earnings released: EPS: ₹3.71 (vs ₹2.37 loss in FY 2023)

Now 20% overvalued after recent price rise

Price target decreased by 7.1% to ₹975

Co-Founder recently sold ₹75m worth of stock

Third quarter 2024 earnings released: ₹2.64 loss per share (vs ₹0.71 loss in 3Q 2023)

Co-Founder recently sold ₹42m worth of stock

Tejas Networks Limited Announces CFO Changes

Co-Founder recently sold ₹23m worth of stock

Co-Founder & CTO recently sold ₹17m worth of stock

Tejas Networks Limited Announces Reconstitution of the Audit Committee with Effect from July 21, 2023

First quarter 2024 earnings released: ₹1.56 loss per share (vs ₹0.45 loss in 1Q 2023)

Co-Founder recently sold ₹43m worth of stock

Full year 2023 earnings released: ₹2.37 loss per share (vs ₹5.97 loss in FY 2022)

Tejas Networks Limited to Report Q2, 2024 Results on Oct 20, 2023

Co-Founder recently sold ₹41m worth of stock

Co-Founder recently sold ₹83m worth of stock

Co-Founder recently sold ₹20m worth of stock

Full year 2023 earnings released: ₹2.46 loss per share (vs ₹5.97 loss in FY 2022)

High number of new directors

Third quarter 2023 earnings released: ₹0.71 loss per share (vs ₹2.13 loss in 3Q 2022)

Insider recently sold ₹2.1m worth of stock

Second quarter 2023 earnings released: EPS: ₹0.07 (vs ₹0.37 in 2Q 2022)

Insider recently sold ₹1.9m worth of stock

Senior Vice President of Technology recently sold ₹10m worth of stock

Tejas Networks Limited (BSE:540595) acquired remaining 35.6% in Saankhya Labs Pvt. Ltd. for INR 42.5 million.

Co-Founder recently sold ₹47m worth of stock

Co-Founder recently sold ₹2.5m worth of stock

Insider recently sold ₹1.5m worth of stock

Full year 2022 earnings released: ₹5.97 loss per share (vs ₹4.06 profit in FY 2021)

Tejas Networks Limited to Report Q2, 2023 Results on Oct 21, 2022

Tejas Networks Limited, Annual General Meeting, Jul 26, 2022

Tejas Networks Limited Announces Board Changes

Head of Investor Relations recently sold ₹1.0m worth of stock

Insider recently sold ₹2.8m worth of stock

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Tejas Networks Limited Announces Board Changes

Tejas Networks Limited Announces Board Appointments

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Insider recently sold ₹40m worth of stock

Second quarter 2022 earnings released: EPS ₹0.37 (vs ₹0.49 in 2Q 2021)

Tejas Networks Limited announced that it has received INR 8.375000049 billion in funding from Panatone Finvest Ltd.

Investor sentiment improved over the past week

Insider recently sold ₹7.3m worth of stock

Insider recently sold ₹17m worth of stock

Co-Founder & CTO recently sold ₹103m worth of stock

Investor sentiment improved over the past week

Tejas Networks (NSE:TEJASNET) Could Be Struggling To Allocate Capital

First quarter 2022 earnings released: EPS ₹0.81 (vs ₹1.06 loss in 1Q 2021)

Shareholders Will Probably Hold Off On Increasing Tejas Networks Limited's (NSE:TEJASNET) CEO Compensation For The Time Being

Insider recently sold ₹2.6m worth of stock

Full year 2021 earnings released: EPS ₹4.06 (vs ₹25.76 loss in FY 2020)

Insider recently sold ₹13m worth of stock

Insider recently sold ₹14m worth of stock

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹4.06 (vs ₹25.76 loss in FY 2020)

Insider recently sold ₹2.4m worth of stock

Mexico's GigNet Selects Tejas Networks for Its Metro Optical Network in Cancun

Insider recently sold ₹5.0m worth of stock

This Insider Has Just Sold Shares In Tejas Networks Limited (NSE:TEJASNET)

Insider recently sold ₹5.3m worth of stock

New 90-day high: ₹151

ACG Selects Tejas Networks to Build Afghanistan's High-Capacity National Optical Transport Network

Tejas Networks Limited (NSE:TEJASNET) Analysts Are Pretty Bullish On The Stock After Recent Results

Third quarter 2021 earnings released: EPS ₹0.99

Revenue and earnings beat expectations

Is Tejas Networks Limited's (NSE:TEJASNET) Shareholder Ownership Skewed Towards Insiders?

Tejas Networks Limited to Report Q3, 2021 Results on Jan 20, 2021

Tejas Networks Wins an International Order of USD 13 Million from South East Asia Region

How Much Is Tejas Networks Limited (NSE:TEJASNET) CEO Getting Paid?