Bengaluru-headquartered Tejas Networks - a Tata Group company - is a technology-driven broadband, optical and wireless networking services provider. The company caters to markets across 75 countries.
Incorporated in April 2000, the company designs, develops and manufactures carrier-class equipment needed for building telecommunication networks.
It specialises in setting up high-speed communication networks carrying voice data and video traffic from fixed-line mobile and broadband networks.
The company is one of the top-10 global supplier of broadband access and optical aggregation equipment. The Tata Group entity serves telecommunications and internet service providers, utilities, defence and government entities. It has shipped more than 7,50,000 systems across the world till FY23.
Its products include carrier-grade optical transmission, fibre broadband, ethernet/IP switching and routing, fixed and mobile wireless, and satellite communication equipment. These are used in a range of locations over a telecom network including cell towers, data centres, exchanges, utility sites, customer premises.
The company was listed on the bourses on June 27, 2017.
In FY22, Tejas Networks formed a strategic partnership with Panatone Finvest Limited, a subsidiary of Tata Sons Pvt Ltd – the principal holding company of the Tata group. Panatone Finvest Limited is now the sole promoter of the company and the majority shareholder. Panatone together with promoter group members Akashastha Technologies Limited and Tata Sons Private Limited holds 55.92% shares, and the remaining 44.08% stake is held by the public, as of September 30, 2023.
The market capitalisation of Tejas Networks stood at over ₹ 14,600 crore as of January 12, 2024. Tejas Networks share price has surged more than 547% in the last three years.
Tejas Networks business operations
Tejas Networks caters to over 500 customers spread across continents with a team of over 350 multi-technology product specialists and 200 trained vendor groups. Its 24x7 Technical Assistance (TAC) Centre in Bengaluru is backed by 26 support centres operating in Asia, Central America and Africa.
The company targets high-growth markets across the globe. However, it saves on operational expenses by opting for a business model based on locating its entire operations in India, except the international sales and support offices.
By the end of FY23, the company had its highest-ever order book of ₹1,934 crore, registering 65% YOY growth. It bagged a ₹696 crore order from BSNL, for a pan-India IP/MPLS based Access and Aggregation Network (MAAN).
Tejas Network’s India business contributed 76% to its revenues In FY23, as against 64% in FY22. Its business with the Indian government rose 158.2% YoY, accounting for 26% of the company’s net revenues.
It has built a new 24,000-square-foot manufacturing facility in Electronics City, Bengaluru. Tejas has also developed 10,000 square feet of world-class test facilities for wireline products in the existing manufacturing unit.
Tejas Networks Financial Highlights
- Revenue: Tejas Networks reported revenue of ₹1,136.66 crore in FY26 vs ₹8,968.63 crore in FY25. It showed a decrease of 87.33% on a yearly basis.
- Operating Profit: Tejas Networks reported an operating loss of ₹1,354.01 crore in FY26 vs ₹698.24 crore in FY25. It showed a decrease of 293.92% on a year-on-year basis.
- Net Profit: Tejas Networks reported a net loss of ₹908.89 crore in FY26 vs ₹446.53 crore in FY25. It showed a decrease of 303.55% on a yearly basis.
Tejas Networks Quarterly Result Highlights
- Tejas Networks reported revenue of ₹411.13 crore in Jun 2026, compared with ₹342.97 crore in Mar 2026, representing an increase of 19.87% on a quarter-on-quarter (QoQ) basis.
- Tejas Networks reported an operating loss of ₹270.81 crore in Jun 2026, compared with ₹280.80 crore in Mar 2026, representing an increase of 3.56% on a quarter-on-quarter (QoQ) basis.
- Tejas Networks reported a loss of ₹202.24 crore in Jun 2026, compared with ₹211.34 crore in Mar 2026, reflecting an increase of 4.31% on a QoQ basis.
- The earnings per share (EPS) of Tejas Networks stood at ₹51.35 during Jun 2026.
Data Source: BSE, Company announcements
Securities shown are illustrative, not recommendations. Past performance does not guarantee future results.
