Tejas Networks Ltd (TEJASNET) — shareholding pattern, promoter holding, financials and share price
About Tejas Networks Ltd (TEJASNET)
Tejas Networks Ltd operates in the Telecom - Equipment & Accessories industry, within the Telecommunication sector. It trades on the NSE as TEJASNET and on the BSE under scrip code 540595. Its ISIN is INE010J01012.
Incorporated in 2000,Tejas Networks Ltd designs and manufactures wireline and wireless networking products, with a focus on technology, innovation and R&D. TNL carrier-class products are used by telecom service providers, utilities, governments, and defence networks in 75+ countries. Company is currently a part of Panatone Finvest Limited (a subsidiary of Tata Sons Private Limited). [1]
Tejas Networks designs, develops and manufactures wireline and wireless telecom networking products — programmable, software‑defined hardware (routers, DWDM, GPON, 4G/5G RAN and DCI platforms) used by operators, hyperscalers and enterprises across India and targeted international markets.
FY26 was a consolidation year: Tejas Networks achieved commercial scale on multiple products yet reported revenue of INR 1,103 crore and a PAT loss of INR 909 crore, driven by delayed customer projects and continued R&D and inventory build for anticipated rollouts.
Listed peers in Telecom - Equipment & Accessories: Optiemus Infracom Ltd, Valiant Communications Ltd, ADC India Communications Ltd, Birla Cable Ltd, Kavveri Defence & Wireless Technologies Ltd, Frog Innovations Ltd.
Valuation & Returns
10 Jul 2026At ₹564.3 a share on 10 Jul 2026, Tejas Networks Ltd (TEJASNET) was valued at a price-to-earnings ratio of -11.05x against an industry P/E of 48.72x and a price-to-book of 3.43x on a book value of ₹164.68 per share as of Mar 2026. Solomo computes return on equity of -31.01% and return on capital employed of -14.79% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- -11.05x
- Industry P/E
- 48.72x
- P/B
- 3.43x
- EPS (TTM)
- ₹-51.07
- Book value / share
- ₹164.68
- ROE
- -31.01%
- ROCE
- -14.79%
- ROA
- -9.67%
- Debt / equity
- 1.43x
- Dividend yield
- 0.46%
- EBITDA margin
- -59.09%
- 52-week range
- ₹294.1 – ₹705
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Tejas Networks Ltd (TEJASNET) reported revenue of ₹1,103 crore, net profit of ₹-909 crore and earnings per share of ₹-51.14. That compares with revenue of ₹8,923 crore and net profit of ₹447 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹333 crore and net profit ₹-211 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 551 | 920 | 2,471 | 8,923 | 1,103 |
| Net profit (₹ cr) | -63 | -36 | 63 | 447 | -909 |
| EPS (₹) | -5.47 | -2.16 | 3.69 | 25.32 | -51.14 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 2.02% | 15.98% | 8.11% | -87.64% |
| Profit growth | - | - | - | -303.55% |
| Stock price CAGR | - | 24% | -13% | -16% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 53.33% of Tejas Networks Ltd (TEJASNET) (down 0.07 pp QoQ), foreign institutional investors (FII) hold 5.82% and domestic institutional investors (DII) hold 4.04%. Market capitalisation was ₹10,043 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Jun 2017.
Largest disclosed public shareholders in Jun 2026: Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund 2.89%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 53.33% | - | 5.82% | 4.04% | 46.56% |
| Mar 2026 | 53.4% | - | 5.29% | 4.32% | 46.47% |
| Dec 2025 | 53.46% | - | 5.94% | 4.76% | 46.34% |
| Sep 2025 | 53.66% | - | 6.24% | 4.79% | 45.96% |
| Jun 2025 | 53.73% | - | 6.14% | 4.72% | 45.8% |
| Mar 2025 | 53.83% | - | 7.08% | 4.85% | 45.54% |
| Dec 2024 | 54.01% | - | 8.04% | 4.66% | 45.35% |
| Sep 2024 | 55.42% | - | 9.58% | 4.76% | 44.58% |