Tejas Networks financials

Latest results Q2 FY27 · Jul–Sep 2026
Revenue
₹406cr+54.9% on Q2 FY26
Net profit
−₹207cr−₹307 cr in Q2 FY26
EBITDA margin
−26.3%+85.9 pts on Q2 FY26
EPS
−₹11.62−₹17.38 in Q2 FY26

Quarterly results

Every quarter ›
₹ croreQ2 FY27Q2 FY26Change
Revenue406262+54.9%
EBITDA−107−294—
EBITDA margin−26.3%−112.2%+85.9 pts
Profit before tax−277−473—
Net profit−207−307—
EPS−₹11.62−₹17.38—

Over time

Q2 FY27 · Jul–Sep 2026latest
Revenue₹406 crNet profit₹−207 crNet margin−51.0%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
7,464————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
414468814526348
0.00.00.030.6—
4,0354,0353,2691,7440.0
11,086————
1,4471,1038,9232,471920
—−87.6%+261.1%+168.7%—
−459−6821,25826614.0
−31.7%−61.8%14.1%10.8%1.5%
−851−1,08590583.5−108
−817−90944763.0−36.4
−56.5%−82.4%5.0%2.6%−4.0%
−₹45.14−₹50.21₹24.67₹3.48−₹2.01
—−303.5%+609.0%+273.0%—
—135−491−2,036−380
—−884−541−408−249
−749−749−1,033−2,445−629
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

TEJASNET₹412.35

Tejas Networks Ltd.

· Telecom & Media
₹ CrorePeersHFCLITITTMLRAILTELBHARTIHEXAOPTIEMUSROUTETATACOMMMcap ₹7,464 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————7,463.9
- Cash, Equiv & ST Investments347.6526.3814.2467.6413.8
+ Minority Interest—30.60.00.00.0
+ Total Debt0.01,744.13,269.14,035.54,035.5
Enterprise Value————11,085.7
Revenue919.62,470.98,923.21,103.31,447.3
Growth %, YoY—+168.7+261.1-87.6—
EBITDA14.0265.91,257.8-681.8-459.5
Margin %1.5310.7614.10-61.80-31.75
EBIT-108.583.5904.6-1,084.6-850.6
Net Income-36.463.0446.5-908.9-817.1
Margin %-3.962.555.00-82.38-56.45
EPS, Adj (current shares)-2.013.4824.67-50.21-45.14
Growth %, YoY—+273.0+609.0-303.5—
Cash from Operations-380.3-2,036.5-491.5135.2—
Capital Expenditures-249.0-408.4-541.5-883.9—
Free Cash Flow-629.3-2,444.9-1,033.0-748.7-748.7
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Tejas Networks financials and key ratios

Prices at the previous close · figures from the company's filings with NSE

Tejas Networks (NSE: TEJASNET) had a market capitalisation of ₹7,480 crore at the previous close (₹412.35 a share) and a price-to-book ratio of 2.96. In FY26 its consolidated net loss was ₹909 crore on revenue of ₹1,103 crore; in Q2 FY27 (July–September 2026) it was a loss of ₹207 crore. Its debt-to-equity ratio was 1.91 on 30 September 2026. Promoters held 53.28% of the shares on 30 September 2026.

Tejas Networks Q2 FY27 results
filed 16 October 2026
Share price used
₹412.35 · previous close
Latest balance sheet
30 September 2026
Shareholding pattern
30 September 2026

Tejas Networks at a glance · consolidated

Market cap
₹7,480 Crat ₹412.35 · previous close
PE ratio
n/aloss over the last 4 quarters
Price to book (PB)
2.96book value ₹139.33 a share
ROE (FY26)
−26.8%−39.6 pts vs FY25ROCE −27.5%
Debt to equity
1.91net debt ₹4,384 Cr
Promoter holding
53.28%unchanged vs 30 Jun 202630 September 2026
Net worth
₹2,528 Cr−23.9% vs 30 Sep 202530 September 2026
Free cash flow (FY26)
−₹749 Cr
EPS (FY26)
−₹51.35

Questions

What is the Tejas Networks PE ratio today?

Tejas Networks' PE ratio is not meaningful at the previous close: its consolidated net profit over the last four quarters (Q3 FY26 to Q2 FY27) was a loss of ₹817 crore, and a price-to-earnings ratio needs positive earnings. Its market capitalisation was ₹7,480 crore at ₹412.35 a share.

What is the Tejas Networks PB ratio (price to book value)?

Tejas Networks' price-to-book (PB) ratio is 2.96 at the previous close: a market capitalisation of ₹7,480 crore divided by shareholders' equity (book value) of ₹2,528 crore on 30 September 2026. That is a book value of ₹139.33 per share against a share price of ₹412.35.

What is the Tejas Networks book value per share?

Tejas Networks' book value per share was ₹139.33 on 30 September 2026: shareholders' equity of ₹2,528 crore divided by the 18.14 crore shares in issue, down 24.4% from ₹184.37 a year earlier. The share price at the previous close was ₹412.35.

What is the Tejas Networks market cap?

Tejas Networks' market capitalisation was ₹7,480 crore at the previous close: 18.14 crore shares at ₹412.35 each.

Is Tejas Networks debt free?

No. Tejas Networks had borrowings of ₹4,835 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 1.91. Its cash and current investments were ₹451 crore, so its net debt was ₹4,384 crore.

What is the Tejas Networks EPS?

Tejas Networks' basic earnings per share (EPS) were −₹51.35 in FY26. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to −₹45.98.

What is the Tejas Networks debt to equity ratio?

Tejas Networks' debt-to-equity ratio was 1.91 on 30 September 2026: borrowings of ₹4,835 crore against total equity of ₹2,528 crore. A year earlier, on 30 September 2025, it was 1.25.

What is the Tejas Networks net worth?

Tejas Networks' net worth — shareholders' equity in its consolidated balance sheet — was ₹2,528 crore on 30 September 2026, down 23.9% from ₹3,321 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹7,480 crore at the previous close.

What is the Tejas Networks promoter holding?

Promoters held 53.28% of Tejas Networks on 30 September 2026, down 0.05 percentage points from 53.33% the previous quarter and down 0.38 percentage points from 53.66% a year earlier, according to the shareholding pattern filed with NSE.

What is the Tejas Networks ROE and ROCE?

In FY26, Tejas Networks' return on equity (ROE) was −26.8% and its return on capital employed (ROCE) was −27.5%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 12.8% and ROCE 23.5%.

What is the Tejas Networks shareholding pattern?

On 30 September 2026, Tejas Networks' shares were held by promoters 53.28%, foreign portfolio investors (FII/FPI) 6.63%, domestic institutions (DII) 4.00% (including mutual funds at 3.11%) and retail and other non-institutional investors 35.99%. Over the year, FII holding was up 0.39 percentage points from 6.24% and DII holding was down 0.79 percentage points from 4.79%.

What are the Tejas Networks latest quarterly results?

Tejas Networks' latest results are for Q2 FY27 (July–September 2026), filed on 16 October 2026: consolidated net loss ₹207 crore, narrower than the loss of ₹307 crore in Q2 FY26; revenue from operations ₹406 crore, up 54.9% year on year.

What is the Tejas Networks free cash flow?

In FY26, Tejas Networks generated ₹135 crore of cash from operations and spent ₹884 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹749 crore. In FY25 it was −₹1,033 crore.

What is the Tejas Networks revenue and profit in FY26?

In FY26 (April 2025–March 2026), Tejas Networks' consolidated net loss was ₹909 crore, against a profit of ₹447 crore in FY25, on revenue from operations of ₹1,103 crore (down 87.6%).

When are the Tejas Networks next results?

Tejas Networks has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.

How does Tejas Networks compare with its peers?

On FY26 consolidated figures, against HFCL, ITI and Tata Teleservices (Maharashtra): Tejas Networks' operating margin of −98.3% is the lowest of the four (HFCL 12.2%, ITI −0.6%, Tata Teleservices (Maharashtra) 41.7%; peer average 17.8%); its revenue growth over three years of 6.3% a year is the second highest of the four (HFCL 1.4% a year, ITI 16.1% a year, Tata Teleservices (Maharashtra) 1.6% a year; peer average 6.4% a year).

Tejas Networks vs HFCL: how do they compare?

In FY26, Tejas Networks earned net profit of ₹909 crore on revenue of ₹1,103 crore, against ₹312 crore on ₹4,949 crore for HFCL. Tejas Networks' operating margin was −98.3% (HFCL 12.2%) and its return on equity −26.8% (HFCL 6.9%).

Where do these Tejas Networks figures come from?

From Tejas Networks' own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.