Tejas Networks share price
NSE: TEJASNETBSE: 540595Telecom - Equipment & AccessoriesSmall Cap
Tejas Networks Limited · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Jun 2017 · Issue price ₹257
Last close ₹412.30up ₹8.15 (2.02%)BSE ₹412.50
Share price at the NSE close on 27 Oct 2026. Previous close ₹404.15.
27 Oct: open ₹407.40, high ₹418.80, low ₹404.35
52-week range of traded prices to 27 Oct 2026
₹294.00Low, 27 Jan 2026₹644.75High, 19 Jun 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹7,345 Cr636th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 2.91
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- −27.9%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- −11.6%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 1.91
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 9,81,43025.6% delivered
About Tejas Networks
Tejas Networks designs and sells telecom networking equipment. Its customers are telecommunications operators, service providers, utilities and government organisations across more than 75 countries. It has shipped more than 500,000 products to over 75 countries. The registered office is in Bengaluru.
The product range covers wireless equipment for 4G and 5G networks, fibre access, optical transport, and switching and routing. The company outsources manufacturing to electronic contract manufacturers in India and abroad. As of March 2025, it had 2,370 employees, and more than 65% of them worked in research and development. It opened a new Bengaluru facility for production, office space and warehousing. It has supplied equipment for more than 100,000 sites to BSNL.
The company was incorporated in Bengaluru in 2000 as a design-led telecom equipment company. Its equity shares were listed on BSE and NSE in 2017 after an initial public offer. It acquired Saankhya Labs for expertise in 5G, broadcast and satellite IoT, and in 2024 Saankhya Labs, a majority-owned subsidiary, was merged into it under a scheme sanctioned by the National Company Law Tribunal.
Tejas Networks is part of the Tata Group. Panatone Finvest Limited is its promoter. A promoter is the person or group that set up a company or controls it. Tata Sons Private Limited and Akashastha Technologies Private Limited are members of the promoter group.
Written from the annual report for the year to Mar 2025, filed 3 Jun 2025 and the investor presentation.
Sources for 23 statements, each with its page
- Customers are telecom operators, service providers, utilities and government organisations in over 75 countries. Annual report, page 4
- Registered office is in Bengaluru. Annual report, page 97
- Product range includes wireless 4G/5G and fibre access. Annual report, page 10
- Product range includes optical transport. Annual report, page 10
- Product range includes switching and routing. Annual report, page 10
- Manufacturing is outsourced to domestic and global electronic contract manufacturers. Annual report, page 12
- 2,370 employees as of March 2025. Annual report, page 10
- More than 65% of employees are in R&D. Annual report, page 10
- Incorporated in Bengaluru in 2000 as a design-led telecom equipment company. Annual report, page 6
- Design-led telecom equipment company. Annual report, page 6
- Corporate Identity Number carries registration year 2000. Annual report, page 97
- IPO in 2017, listed on BSE and NSE. Annual report, page 6
- Acquired Saankhya Labs for expertise in 5G. Annual report, page 6
- Saankhya expertise includes broadcast and satellite IoT. Annual report, page 6
- Saankhya Labs was a majority-owned subsidiary. Annual report, page 51
- Merger of Saankhya Labs completed. Annual report, page 11
- NCLT order of August 2024 sanctioned the amalgamation. Annual report, page 51
- Tejas is part of the Tata Group. Annual report, page 4
- Panatone Finvest Limited is the promoter. Annual report, page 97
- Tata Sons and Akashastha are members of the promoter group. Annual report, page 97
- More than 500,000 product shipments to over 75 countries. Annual report, page 6
- Supplied equipment for more than 100,000 sites for BSNL. Annual report, page 11
- Opened a new facility in Bengaluru for production, office space and warehousing. Annual report, page 11
A newer annual report was filed on 1 Jun 2026.
Results
Consolidated; ₹ crore.Tejas Networks quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- −71.1%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- –
Quarter to Sep 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹406 Crup 0.88%
- Net profitNet profit. Under it, net profit in the quarter before. A change in per cent is not worked out where either period is a loss or nothing. Net profit in the glossary
- −₹207 CrQuarter to Jun 2026: −₹202 Cr
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- −51.0%
Revenue by quarter
Peak revenue ₹2,642 Cr, quarter to Dec 2024; lowest ₹202 Cr, quarter to Jun 2025
Net profit by quarter, a loss in red
- Net profit
- Loss
A loss in 7 of the 8 quarters shown
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,642 | 1,907 | 202 | 262 | 307 | 333 | 402 | 406 |
| Net profit | 166 | −72 | −194 | −307 | −197 | −211 | −202 | −207 |
| Net margin | 6.3% | −3.8% | −96.0% | −117.3% | −64.1% | −63.5% | −50.3% | −51.0% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹1,103 Crdown 87.64%
- Net profitNet profit. Under it, net profit in the year before. A change in per cent is not worked out where either period is a loss or nothing.
- −₹909 CrYear to Mar 2025: ₹447 Cr
- Net margin
- −82.4%
Revenue by year
Peak revenue ₹8,923 Cr, year to Mar 2025; lowest ₹391 Cr, year to Mar 2020
Net profit by year, a loss in red
- Net profit
- Loss
A loss in the year to Mar 2026, −₹909 CrA loss in 4 of the 9 years shown
| ₹ crore | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 767what Revenue, Mar 2018, includes. This period's revenue includes excise duty of ₹18 crore, a tax on the goods the company makes that it collects and pays to the government. | 900 | 391 | 527 | 551 | 920 | 2,471 | 8,923 | 1,103 |
| Net profit | 107 | 147 | −237 | 38 | −63 | −36 | 63 | 447 | −909 |
| Net margin | 13.9% | 16.4% | −60.7% | 7.1% | −11.4% | −4.0% | 2.5% | 5.0% | −82.4% |
Consolidated. Years to March. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
In the year to Mar 2026 the company reports one business segment, Telecom and data networking related products and services, which carries all its revenue.
Valuation
Today, against the company's own history. Not shown, P/E: loss, last twelve months.Tejas Networks PE ratio and valuation
Price to book
At or below today's level on 57% of 1,796 trading days since Oct 2018.
LowestHighest
Its median2.63Industry median5.09
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 79% of 2,297 trading days since Jul 2017.
LowestHighest
Its median0.00%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −49.2% | – | – | 0.0% |
| 3 years | −12.6% | – | – | 0.1% |
| 5 years | +19.5% | – | – | 0.1% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.
Mutual fund holdings
45 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 44 of the 44 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 45 funds holding Tejas Networks
- AddedAdded. Funds that held more shares than at the end of the month before.
- 15
- CutCut. Funds that held fewer shares than at the end of the month before.
- 29
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 1
| Fund | |||
|---|---|---|---|
 Nippon India Small Cap FundNippon India Mutual Fund | 50,07,516 | 0.30% | ₹243.5 Cr |
| Nippon India Nifty Smallcap 250 Index FundNippon India Mutual Fund | 1,28,028 | 0.18% | ₹6.22 Cr |
 HDFC Nifty Smallcap 250 ETFHDFC Mutual Fund | 1,00,459 | 0.18% | ₹4.88 Cr |
 SBI Nifty Smallcap 250 Index FundSBI Mutual Fund | 65,036 | 0.18% | ₹3.16 Cr |
 Motilal Oswal Nifty Smallcap 250 Index FundMotilal Oswal Mutual Fund | 46,133 | 0.18% | ₹2.24 Cr |
 ICICI Prudential Nifty Smallcap 250 Index FundICICI Prudential Mutual Fund | 29,162 | 0.18% | ₹1.42 Cr |
| HDFC Nifty Smallcap 250 Index FundHDFC Mutual Fund | 27,967 | 0.18% | ₹1.36 Cr |
| Nippon India Nifty 500 Equal Weight Index FundNippon India Mutual Fund | 18,295 | 0.20% | ₹0.89 Cr |
 JioBlackRock Nifty Smallcap 250 Index FundJio BlackRock Mutual Fund | 14,594 | 0.18% | ₹0.71 Cr |
| Motilal Oswal Nifty 500 Index FundMotilal Oswal Mutual Fund | 13,315 | 0.02% | ₹0.65 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 28 Oct 2025.Tejas Networks insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Others: no market trade · 4 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
Tejas Networks competitors and peers
Telecom - Equipment & Accessories, 15 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to Tejas Networks in market cap.Telecommunication sector stocks
Tejas Networks is not on the chart: it has no P/E today
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Sterlite TechnologiesSTLTECH | 46,825 | 61.94 | 10.31 | +63.5% | – | 22.9% | 21.5% | 0.00% |
 ITIITI | 20,948 | 64.62 | 10.99 | −41.3% | – | 18.4% | −0.1% | 0.00% |
 Optiemus InfracomOPTIEMUS | 6,619 | 91.09 | 8.52 | +20.9% | +10.6% | 10.1% | 6.7% | 0.00% |
| Orient Cables (India)ORIENTCABL | 4,034 | – | – | – | – | – | – | 0.00% |
 Valiant CommunicationsVALIANT | 1,870 | 68.62 | 19.37 | +65.7% | +143.0% | 34.5% | 32.2% | 0.09% |
 Birla CableBIRLACABLE | 933 | 20.18 | 3.32 | +28.1% | +656.8% | 17.3% | 16.8% | 0.40% |
 ADC India CommunicationsADCINDIA | 926 | 41.11 | 10.69 | +19.0% | +0.3% | 28.8% | 29.0% | 1.24% |
 Frog InnovationsFROG | 361 | – | 2.27 | −51.7% | −106.6% | −1.0% | – | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Tejas Networks dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossaryHighest ₹2.50 a share, year to Mar 2025.
| Ex-date | Type | Per share |
|---|---|---|
| 19 Jun 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹2.50 |
| 17 Jul 2019 | Final | ₹1.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Tejas Networks announcements
Oct 2026
12 Oct · Board meeting
Sep 2026
25 Sep · Business
Tejas Networks share price by year
Each calendar year to 2025.Tejas Networks share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 449.65 | −62.1% | 1,212.85 | 447.50 |
| 2024 | 1,185.70 | +36.3% | 1,452.25 | 656.40 |
| 2023 | 869.70 | +50.4% | 902.85 | 518.55 |
| 2022 | 578.35 | +38.0% | 759.65 | 366.40 |
| 2021 | 418.95 | +205.5% | 543.35 | 130.35 |
| 2020 | 137.15 | +44.3% | 150.55 | 29.30 |
| 2019 | 95.05 | −54.2% | 222.30 | 67.45 |
| 2018 | 207.45 | −47.5% | 445.30 | 196.85 |
| 2017 | 395.40 | – | 420.65 | 263.50 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2017 is from its first session, 27 Jun 2017.
Recent sessions
The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 26 Oct 2026 | 405.00 | 416.70 | 401.40 | 404.15 | 407.48 | 10,97,127 | 23.6% |
| 23 Oct 2026 | 424.10 | 424.60 | 401.65 | 407.30 | 408.62 | 11,98,575 | 28.3% |
| 22 Oct 2026 | 422.00 | 437.70 | 418.20 | 423.90 | 428.02 | 14,49,730 | 16.5% |
| 21 Oct 2026 | 449.50 | 449.50 | 423.25 | 426.75 | 433.48 | 13,86,748 | 27.8% |
| 19 Oct 2026 | 465.00 | 467.80 | 446.00 | 453.25 | 458.49 | 12,99,689 | 22.2% |
| 16 Oct 2026 | 471.00 | 481.55 | 462.25 | 474.75 | 473.91 | 15,35,925 | 23.5% |
| 15 Oct 2026 | 463.10 | 475.05 | 456.30 | 468.25 | 465.42 | 12,72,805 | 30.3% |
| 14 Oct 2026 | 461.00 | 467.00 | 455.00 | 464.30 | 461.81 | 8,14,833 | 24.1% |
| 13 Oct 2026 | 462.00 | 464.60 | 449.50 | 463.10 | 457.32 | 9,54,762 | 23.7% |
Prices in ₹ per share as traded, not adjusted.
Company details
- NSE symbol
- TEJASNET
- BSE code
- 540595
- ISIN
- INE010J01012
- Industry
- Telecom - Equipment & Accessories
- Website
- www.tejasnetworks.com
- CIN
- L72900KA2000PLC026980
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 2000
- Registered office
- Plot No. 25, 5th Floor, J.P. Software Park, Electronic City Phase 1, Hosur Road, Bengaluru 560100, Karnataka
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments
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