Tejas Networks Ltd.
TEJASNETTelecommunication filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
29 transcript(s)/analyst meet(s) served; 0 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 29 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| TRANSCRIPT | 20190205 | 2018-12-31 | yes | |
| TRANSCRIPT | 20190503 | 2019-03-31 | yes | |
| TRANSCRIPT | 20200127 | 2019-12-31 | yes | |
| TRANSCRIPT | 20200428 | 2020-03-31 | yes | |
| TRANSCRIPT | 20200801 | 2020-06-30 | yes | |
| TRANSCRIPT | 20201029 | 2020-09-30 | yes | |
| TRANSCRIPT | 20210129 | 2020-12-31 | yes | |
| TRANSCRIPT | 20210426 | 2021-03-31 | yes | |
| TRANSCRIPT | 20210727 | 2021-06-30 | yes | |
| TRANSCRIPT | 20211102 | 2021-09-30 | yes | |
| TRANSCRIPT | 20220126 | 2021-12-31 | yes | |
| TRANSCRIPT | 20220428 | 2022-03-31 | yes | |
| TRANSCRIPT | 20220802 | 2022-06-30 | yes | |
| TRANSCRIPT | 20221028 | 2022-09-30 | yes | |
| TRANSCRIPT | 20230213 | 2022-12-31 | yes | |
| TRANSCRIPT | 20230426 | 2023-03-31 | yes | |
| TRANSCRIPT | 20230728 | 2023-06-30 | yes | |
| TRANSCRIPT | 20231029 | 2023-09-30 | yes | |
| TRANSCRIPT | 20240125 | 2023-12-31 | yes | |
| TRANSCRIPT | 20240426 | 2024-03-31 | yes | |
| TRANSCRIPT | 20240729 | 2024-06-30 | yes | |
| TRANSCRIPT | 20241027 | 2024-09-30 | yes | |
| TRANSCRIPT | 20250128 | 2024-12-31 | yes | |
| TRANSCRIPT | 20250502 | 2025-03-31 | yes | |
| TRANSCRIPT | 20250721 | 2025-06-30 | yes | |
| TRANSCRIPT | 20251028 | 2025-09-30 | yes | |
| TRANSCRIPT | 20260116 | 2025-12-31 | yes | |
| TRANSCRIPT | 20260421 | 2026-03-31 | yes | |
| TRANSCRIPT | 20260803 | 2026-06-30 | yes |
TEJASNET
files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | general |
| Scope served | consolidated |
| Panels on this page | 4 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 511.30 |
| 52-week range | 296.15 – 632.35 |
| Return 1M | 1.38% |
| Return 3M | -17.9% |
| Return 1Y | -13.21% |
| Return 3Y | -38.41% |
| Return 5Y | 16.92% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 402.00 |
| Other income | 9.00 |
| Total income | 411.00 |
| Cost of materials consumed | 132.00 |
| Purchases of stock-in-trade | 16.00 |
| Changes in inventories | 109.00 |
| Employee benefit expense | 105.00 |
| Finance costs | 85.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.53 | -0.00 |
| institutions foreign | 0.06 | 0.01 |
| institutions domestic | 0.04 | -0.00 |
| mutual funds | 0.03 | -0.00 |
| public | 0.47 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| TRANSCRIPT | 2026-06-30 | 29 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 220.00 | 275.00 | 299.00 | 188.00 | 396.00 | 560.00 | 1,327.00 | 1,563.00 | 2,811.00 | 2,642.00 | 1,907.00 | 202.00 | 262.00 | 307.00 | 333.00 | 402.00 |
| Other income | 20.00 | 21.00 | 21.00 | 19.00 | 18.00 | 15.00 | 12.00 | 13.00 | 11.00 | 14.00 | 8.00 | 10.00 | 6.00 | 8.00 | 10.00 | 9.00 |
| Total income | 240.00 | 296.00 | 321.00 | 207.00 | 414.00 | 575.00 | 1,339.00 | 1,576.00 | 2,822.00 | 2,656.00 | 1,915.00 | 212.00 | 268.00 | 314.00 | 343.00 | 411.00 |
| Cost of materials consumed | 115.00 | 161.00 | 191.00 | 118.00 | 262.00 | 433.00 | 779.00 | 1,098.00 | 2,002.00 | 2,015.00 | 1,316.00 | 123.00 | 246.00 | 154.00 | 297.00 | 132.00 |
| Purchases of stock-in-trade | 7.00 | 10.00 | 6.00 | 4.00 | 2.00 | 0.00 | 4.00 | 32.00 | 40.00 | 9.00 | 13.00 | 20.00 | 3.00 | 4.00 | 52.00 | 16.00 |
| Changes in inventories | -3.00 | -3.00 | 1.00 | -3.00 | -13.00 | -18.00 | 19.00 | -6.00 | -71.00 | -69.00 | 143.00 | -27.00 | 21.00 | 14.00 | -140.00 | 109.00 |
| Employee benefit expense | 49.00 | 69.00 | 78.00 | 77.00 | 79.00 | 84.00 | 111.00 | 95.00 | 123.00 | 120.00 | 110.00 | 96.00 | 94.00 | 115.00 | 100.00 | 105.00 |
| Finance costs | 5.00 | 5.00 | 5.00 | 5.00 | 7.00 | 8.00 | 28.00 | 57.00 | 61.00 | 63.00 | 71.00 | 75.00 | 84.00 | 72.00 | 72.00 | 85.00 |
| Depreciation and amortisation | 26.00 | 29.00 | 35.00 | 34.00 | 42.00 | 48.00 | 58.00 | 65.00 | 74.00 | 111.00 | 103.00 | 96.00 | 101.00 | 104.00 | 101.00 | 94.00 |
| Other expenses | 31.00 | 30.00 | 33.00 | 38.00 | 52.00 | 68.00 | 108.00 | 114.00 | 183.00 | 195.00 | 203.00 | 126.00 | 191.00 | 154.00 | 142.00 | 140.00 |
| Total expenses | 229.00 | 301.00 | 348.00 | 273.00 | 432.00 | 624.00 | 1,107.00 | 1,454.00 | 2,411.00 | 2,445.00 | 1,960.00 | 509.00 | 741.00 | 617.00 | 624.00 | 682.00 |
| Profit before exceptional items and tax | 11.00 | -5.00 | -27.00 | -66.00 | -18.00 | -49.00 | 233.00 | 122.00 | 411.00 | 211.00 | -45.00 | -297.00 | -473.00 | -303.00 | -281.00 | -271.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 11.00 | -5.00 | -27.00 | -66.00 | -18.00 | -49.00 | 233.00 | 122.00 | 411.00 | 211.00 | -45.00 | -297.00 | -473.00 | -303.00 | -281.00 | -271.00 |
| Current tax | 1.00 | -0.00 | -0.00 | -10.00 | -2.00 | -31.00 | 65.00 | 23.00 | 75.00 | 39.00 | 8.00 | -0.00 | 0.00 | -0.00 | 0.00 | 0.00 |
| Deferred tax | 8.00 | 6.00 | -15.00 | -30.00 | -3.00 | 28.00 | 21.00 | 21.00 | 61.00 | 7.00 | 18.00 | -103.00 | -166.00 | -106.00 | -69.00 | -69.00 |
| Tax expense | 10.00 | 6.00 | -16.00 | -40.00 | -5.00 | -4.00 | 86.00 | 44.00 | 135.00 | 46.00 | 27.00 | -103.00 | -166.00 | -106.00 | -69.00 | -69.00 |
| Profit for the period | 1.00 | -11.00 | -11.00 | -26.00 | -13.00 | -45.00 | 147.00 | 77.00 | 275.00 | 166.00 | -72.00 | -194.00 | -307.00 | -197.00 | -211.00 | -202.00 |
| Profit attributable to owners | 1.00 | -11.00 | — | -26.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -194.00 | -307.00 | -197.00 | -211.00 | — |
| Profit attributable to non-controlling interests | 0.00 | 0.00 | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Other comprehensive income | -2.00 | -2.00 | 1.00 | -1.00 | 2.00 | -4.00 | -1.00 | -1.00 | -1.00 | 2.00 | -11.00 | 5.00 | 5.00 | -1.00 | 5.00 | -7.00 |
| Total comprehensive income | -1.00 | -12.00 | -10.00 | -27.00 | -11.00 | -49.00 | 146.00 | 76.00 | 275.00 | 168.00 | -83.00 | -189.00 | -302.00 | -197.00 | -207.00 | -209.00 |
| Earnings per share, basic | 0.07 | -0.71 | -0.70 | -1.56 | -0.74 | -2.64 | 8.61 | 4.54 | 16.06 | 9.44 | -4.08 | -10.99 | -17.38 | -11.09 | -11.90 | -11.37 |
| Earnings per share, diluted | 0.07 | -0.71 | -0.70 | -1.56 | -0.74 | -2.64 | 8.48 | 4.44 | 15.75 | 9.22 | -4.08 | -10.99 | -17.38 | -11.09 | -11.90 | -11.37 |
Annual results, as filed
| Line | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 900.00 | 391.00 | 527.00 | 551.00 | 920.00 | 2,471.00 | 8,923.00 | 1,103.00 |
| Other income | 37.00 | 34.00 | 25.00 | 43.00 | 81.00 | 65.00 | 45.00 | 33.00 |
| Total income | 937.00 | 424.00 | 551.00 | 594.00 | 1,001.00 | 2,536.00 | 8,969.00 | 1,137.00 |
| Cost of materials consumed | 464.00 | 204.00 | 269.00 | 291.00 | 534.00 | 1,564.00 | 6,431.00 | 821.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 24.00 | 32.00 | 42.00 | 94.00 | 78.00 |
| Changes in inventories | 0.00 | 0.00 | 0.00 | -4.00 | -5.00 | -21.00 | -3.00 | -132.00 |
| Employee benefit expense | 124.00 | 111.00 | 116.00 | 134.00 | 233.00 | 351.00 | 448.00 | 405.00 |
| Finance costs | 17.00 | 8.00 | 4.00 | 3.00 | 15.00 | 48.00 | 252.00 | 303.00 |
| Depreciation and amortisation | 66.00 | 77.00 | 52.00 | 77.00 | 122.00 | 182.00 | 353.00 | 403.00 |
| Other expenses | 117.00 | 164.00 | 88.00 | 186.00 | 112.00 | 268.00 | 695.00 | 614.00 |
| Total expenses | 787.00 | 563.00 | 529.00 | 711.00 | 1,043.00 | 2,435.00 | 8,270.00 | 2,491.00 |
| Profit before exceptional items and tax | 150.00 | -139.00 | 23.00 | -117.00 | -43.00 | 100.00 | 698.00 | -1,354.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 150.00 | -139.00 | 23.00 | -117.00 | -43.00 | 100.00 | 698.00 | -1,354.00 |
| Current tax | 20.00 | 0.00 | 0.00 | 0.00 | -0.00 | 22.00 | 145.00 | -0.00 |
| Deferred tax | -17.00 | 99.00 | -15.00 | -55.00 | -6.00 | 15.00 | 106.00 | -445.00 |
| Tax expense | 3.00 | 99.00 | -15.00 | -54.00 | -6.00 | 37.00 | 252.00 | -445.00 |
| Profit for the period | 147.00 | -237.00 | 38.00 | -63.00 | -36.00 | 63.00 | 447.00 | -909.00 |
| Profit attributable to owners | 147.00 | -237.00 | 38.00 | 0.00 | — | 0.00 | 0.00 | -909.00 |
| Profit attributable to non-controlling interests | 0.00 | 0.00 | 0.00 | 0.00 | — | 0.00 | 0.00 | 0.00 |
| Other comprehensive income | -1.00 | -0.00 | 2.00 | -1.00 | -2.00 | -4.00 | -10.00 | 14.00 |
| Total comprehensive income | 146.00 | -238.00 | 40.00 | -64.00 | -39.00 | 59.00 | 436.00 | -895.00 |
| Earnings per share, basic | 16.13 | -25.76 | 4.05 | -5.97 | -2.46 | 3.71 | 25.75 | -51.35 |
| Earnings per share, diluted | 15.39 | -25.76 | 3.99 | -5.97 | -2.46 | 3.65 | 25.38 | -51.35 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 3,136.00 | 3,602.00 | 4,864.00 | 8,203.00 | 10,215.00 | 10,462.00 | 9,881.00 | 9,403.00 |
| Non-current assets | 823.00 | 935.00 | 1,263.00 | 1,434.00 | 1,761.00 | 2,049.00 | 2,383.00 | 2,505.00 |
| Current assets | 2,314.00 | 2,667.00 | 3,601.00 | 6,768.00 | 8,454.00 | 8,413.00 | 7,498.00 | 6,898.00 |
| Property, plant and equipment | 111.00 | 129.00 | 144.00 | 209.00 | 262.00 | 398.00 | 438.00 | 419.00 |
| Capital work-in-progress | 4.00 | 0.00 | 2.00 | 15.00 | 52.00 | 1.00 | 1.00 | 0.00 |
| Goodwill | 355.00 | 212.00 | 212.00 | 212.00 | 212.00 | 212.00 | 212.00 | 212.00 |
| Other intangible assets | 86.00 | 306.00 | 326.00 | 411.00 | 441.00 | 420.00 | 356.00 | 386.00 |
| Inventories | 399.00 | 647.00 | 1,401.00 | 3,738.00 | 3,411.00 | 2,367.00 | 2,383.00 | 2,438.00 |
| Trade receivables | 369.00 | 499.00 | 449.00 | 1,410.00 | 3,502.00 | 4,444.00 | 3,827.00 | 3,256.00 |
| Cash and cash equivalents | 84.00 | 85.00 | 45.00 | 193.00 | 120.00 | 332.00 | 56.00 | 103.00 |
| Total equity and liabilities | 3,136.00 | 3,602.00 | 4,864.00 | 8,203.00 | 10,215.00 | 10,462.00 | 9,881.00 | 9,403.00 |
| Equity | 2,648.00 | 2,973.00 | 3,007.00 | 3,149.00 | 3,720.00 | 3,846.00 | 3,321.00 | 2,931.00 |
| Equity share capital | 155.00 | 172.00 | 173.00 | 174.00 | 175.00 | 180.00 | 180.00 | 181.00 |
| Other equity | 2,493.00 | 2,801.00 | 2,834.00 | 2,976.00 | 3,546.00 | 3,667.00 | 3,141.00 | 2,750.00 |
| Total liabilities | 488.00 | 629.00 | 1,857.00 | 5,053.00 | 6,495.00 | 6,616.00 | 6,560.00 | 6,472.00 |
| Non-current liabilities | 201.00 | 203.00 | 298.00 | 316.00 | 249.00 | 386.00 | 674.00 | 718.00 |
| Current liabilities | 287.00 | 426.00 | 1,559.00 | 4,737.00 | 6,246.00 | 6,229.00 | 5,886.00 | 5,754.00 |
| Borrowings, non-current | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 118.00 | 462.00 | 552.00 |
| Borrowings, current | 0.00 | 0.00 | 0.00 | 1,744.00 | 2,768.00 | 3,151.00 | 3,694.00 | 3,484.00 |
| Trade payables | 200.00 | 301.00 | 717.00 | 1,839.00 | 1,784.00 | 1,184.00 | 355.00 | 478.00 |
Cash flow, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | -120.00 | -380.00 | 243.00 | -2,036.00 | -682.00 | -491.00 | -510.00 | 135.00 |
| Net cash from investing activities | -549.00 | -581.00 | -281.00 | 431.00 | -301.00 | -655.00 | -398.00 | -764.00 |
| Net cash from financing activities | 708.00 | 999.00 | -1.00 | 1,713.00 | 910.00 | 1,286.00 | 632.00 | 397.00 |
| Purchase of property, plant and equipment | 15.00 | 46.00 | 94.00 | 151.00 | 146.00 | 324.00 | 116.00 | 175.00 |
| Net increase in cash | 36.00 | 38.00 | -40.00 | 107.00 | -73.00 | 139.00 | -276.00 | -229.00 |
| con:CFO.BEFORE_TAX | -122.00 | -392.00 | 257.00 | -2,013.00 | -656.00 | -385.00 | -490.00 | 159.00 |
| con:INTEREST_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | -2.00 | -11.00 | 14.00 | 23.00 | 26.00 | 106.00 | 21.00 | 24.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:PPE_DISPOSALS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 240.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 56.37 | 55.97 | 55.92 | 55.80 | 55.60 | 55.50 | 55.42 | 54.01 | 53.83 | 53.73 | 0.54 | 0.53 | 0.53 | 0.53 |
| Domestic institutions | 3.98 | 3.89 | 4.03 | 4.35 | 4.76 | 4.91 | 4.76 | 4.66 | 4.85 | 4.72 | 0.05 | 0.05 | 0.04 | 0.04 |
| Mutual funds | — | — | — | — | — | — | — | — | — | 4.22 | 0.04 | 0.04 | 0.04 | 0.03 |
| Insurance companies | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Foreign institutions | 10.49 | 10.91 | 11.11 | 11.26 | 11.34 | 10.19 | 9.58 | 8.04 | 7.08 | 6.14 | 0.06 | 0.06 | 0.05 | 0.06 |
| Government | — | — | — | — | — | — | — | — | — | 0.01 | 0.00 | — | — | — |
| Public | 43.63 | 44.01 | 44.08 | 44.20 | 44.40 | 44.50 | 44.58 | 45.35 | 45.54 | 45.80 | 0.46 | 0.46 | 0.46 | 0.47 |
| Non-institutional | 29.16 | 29.21 | 28.94 | 28.59 | 28.31 | 29.40 | 30.24 | 32.64 | 33.60 | 34.94 | 0.35 | 0.36 | 0.37 | 0.37 |
| Shares outstanding | 168370853 | 169570358 | 169721201 | 170078846 | 170708060 | 170995900 | 171260579 | 175706999 | 176322440 | 176620380 | 176872413 | 177542765 | 177741862 | 177973982 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| Tata Consultancy Services Limited | Subsidiary of Ultimate Holding Com | Any other transaction, Sale of goods or services | 36,365,700,000.00 | 6 |
| Tata Autocomp Systems Limited | Subsidiary of Ultimate Holding Com | Purchase of goods or services | 946,400,000.00 | 1 |
| Tata Communications Limited | Subsidiary of Holding Company | Any other transaction, Sale of goods or services | 650,700,000.00 | 3 |
| Tejas Communication Pte Limited | Wholly owned subsidiary | Any other transaction, Investment, Sale of goods or | 164,400,000.00 | 4 |
| Anand S Athreya | Managing Director and CEO | Remuneration | 107,900,000.00 | 1 |
| Tata Teleservices (Maharashtra) Limited | Subsidiary of Ultimate Holding Com | Any other transaction, Sale of goods or services | 101,900,000.00 | 2 |
| Tata Sons Private Limited | Ultimate Holding Company | Any other transaction | 65,300,000.00 | 4 |
| Arnob Roy | COO and Whole time director | Any other transaction, Remuneration | 30,900,000.00 | 2 |
| Tata Elxsi Limited | Subsidiary of Ultimate Holding Com | Any other transaction | 17,900,000.00 | 1 |
| Tata Teleservices Limited | Subsidiary of Ultimate Holding Com | Any other transaction | 2,800,000.00 | 2 |
| The Switch Enterprises, LLC | Subsidiary of Holding Company | Sale of goods or services | 1,200,000.00 | 1 |
| Tata Advanced Systems Limited | Subsidiary of Ultimate Holding Com | Sale of goods or services | 1,000,000.00 | 1 |
| Tata AIG General Insurance Company Limited | Subsidiary of Ultimate Holding Com | Any other transaction | 700,000.00 | 2 |
| Tata Communications (America) Inc. | Subsidiary of Holding Company | Sale of goods or services | 500,000.00 | 1 |
| Alice G Vaidyan | Independent Director | Any other transaction | 500,000.00 | 2 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-08-03 | Q1FY27 | NETWORKS LIMITED, TEJAS NETWORKS LIMITED, – TEJAS NETWORKS LIMITED | Read the call |
| 2026-04-21 | Q4FY26 | Read the call | |
| 2026-01-16 | Q3FY26 | Read the call | |
| 2025-10-28 | Q2FY26 | OFFICER, TEJAS NETWORKS, OPERATING OFFICER, TEJAS NETWORKS, TEJAS NETWORKS | Read the call |
| 2025-07-21 | Q1FY26 | Read the call | |
| 2025-05-02 | Q4FY25 | Read the call | |
| 2025-01-28 | Q3FY25 | Read the call | |
| 2024-10-27 | Q2FY25 | NETWORKS LIMITED, TEJAS NETWORKS LIMITED | Read the call |
| 2024-07-29 | Q1FY25 | NETWORKS LIMITED, TEJAS NETWORKS LIMITED | Read the call |
| 2024-04-26 | Q4FY24 | Read the call | |
| 2024-01-25 | Q3FY24 | NETWORKS LIMITED, TEJAS NETWORKS LIMITED | Read the call |
| 2023-10-29 | Q2FY24 | TEJAS NETWORKS LIMITED | Read the call |
| 2023-07-28 | Q1FY24 | Read the call | |
| 2023-04-26 | Q4FY23 | LIMITED | Read the call |
| 2023-02-13 | Q3FY23 | TEJAS NETWORKS LIMITED | Read the call |
| 2022-10-28 | Q2FY23 | Read the call | |
| 2022-08-02 | Q1FY23 | Read the call | |
| 2022-04-28 | Q4FY22 | Read the call | |
| 2022-01-26 | Q3FY22 | TEJAS NETWORKS LIMITED | Read the call |
| 2021-11-02 | Q2FY22 | Read the call | |
| 2021-07-27 | Q1FY22 | Read the call | |
| 2021-04-26 | Q4FY21 | Read the call | |
| 2021-01-29 | Q3FY21 | Read the call | |
| 2020-10-29 | Q2FY21 | OFFICER, TEJAS NETWORKS LIMITED | Read the call |
| 2020-08-01 | Q1FY21 | Read the call | |
| 2020-04-28 | Q4FY20 | OFFICER, TEJAS NETWORKS LIMITED, TEJAS NETWORKS LIMITED | Read the call |
| 2020-01-27 | Q3FY20 | TEJAS NETWORKS LIMITED | Read the call |
| 2019-05-03 | Q4FY19 | TEJAS NETWORKS LIMITED | Read the call |
| 2019-02-05 | Q3FY19 | TEJAS NETWORKS LIMITED | Read the call |
What they said about it, quarter by quarter
| Topic | Q4FY19 | Q4FY20 | Q4FY21 | Q4FY22 | Q4FY23 | Q4FY24 | Q4FY25 | Q4FY26 |
|---|---|---|---|---|---|---|---|---|
| Capex | — | After the AGR first decision came out in October of last year, subsequent to that, really there has been a significant cut back in the CAPEX by all th… | So I think there is going to be a new capex cycle around fiber to the home connection for the next three, four, five years. | India is going through a five year Capex spend cycle especially because of 5G which will come in and also the fiber broadband roll out I think there i… | So, this opens up another front for us in terms of being able to address slightly higher percentage of the capex, which is the transport capex, whethe… | For the private telcos, we see a lot more CAPEX investments happening for the 4G/5G networks. | And after all, from stock price to salary or capex or revenue, everything is numbers. | — |
| Capital allocation | — | Then finally, for the year ended March 31st 2020, since company has incurred the loss, as per our policy, board has decided not to recommend any divid… | — | Some of you would have attended the call on March 31, 2022 when we had announced the acquisition of Saankhya Labs and that will enhance our wireless p… | And also, the EBIT, PBT, and PAT of FY’23 includes the amortization cost of around INR13 crores which is as per the purchase price allocation which we… | Are we looking at any acquisition which will help us doing any backward integration, like...? | — | — |
| Costs | Can you also share something on the sourcing side on the raw material that we sold so how are we place in that the vendors are have sufficient capacit… | First of all, on overall basis, we think about 10% cost savings across the board, we should be able to make just by tightening our operation expenses … | — | — | And the reason for that, as we had recounted earlier, was that the input cost, which is the semiconductor costs have increased quite significantly. | — | — | — |
| Debt and cash | The net impact of that has been that our working capital has significantly gone up to 581 Crores from 323 Crores as of March endbecause of delayed col… | Then working capital in absolute term has decreased. | In terms of operating cash flow for Q4 was Rs 47 crores, cash, and cash equivalents increased by Rs 29 crores to Rs 364 crores. | The cash flow from operations, cash outflow of 49 Crores in Q4 and the networth has decreased to 1593 Crores from 1636 Crores. | The balance sheet fund and the cash flow fund, we had for Q4 FY2023 our cash outflow from operations was about 133 crores, and the inventories went up… | Working capital increased by 1,519 crores, again driven mainly by inventory and receivables. | The KPIs are again just the financial numbers in terms of revenues, margins, profits, cash flows. | The cash position at the end of the quarter was INR505 crores and a net debt of INR3,531 crores. |
| Demand | Number one we clearly believe that India is a home market and we have very strong incumbency and there is a lot of pent up demand for broadband in dat… | The International, when we had again talked in Q3 end, we were quite confident that international at least on bookings will grow healthily during the … | We are happy to inform that during FY21, our international revenues grew 62% year on year and was 40% of total revenues compared to 33% of total reven… | Our Q4 booking which is new order wins for 316 Crores and our total order book has increased to 1175 Crores which is a year-on-year increase of 73%. | And the order book at the end of Q4 is again at an all-time high of INR1,934 crores. | We scaled our business to achieve profitability and ended the year with a strong order book for execution in FY '25 and beyond. | But if you look at our opening backlog and the business pipeline that is in front of us, I want to give you a flavor of that, both in terms of the lar… | We had a growth in order book at the end of Q4. We ended with INR1,514 crores at the end of Q4 as opposed to INR1,019 crores at the end of Q4 of FY25.… |
| Guidance | We have collected some amount in Q4 and we expect the balance to come in the near future between Q1 and Q2 of this year. | COVID has resulted in the push out of the certain shipments from Q4 and we expect to consume large part of the inventory in FY‟21. | We did win some good customers some of which we announced and we expect quite robust growth this year as well. | One thing again the run rate business typically comes with a shorter lead time because customers expect the orders to be delivered within a short peri… | A little bit on the gross margin commentary for what we expect next year. | One is the results of Q4 and giving some color and details to it, as well as a refresh of our products and technologies and the outlook for the future… | With an order book of a INR1,000 crores, how do we expect to beat INR2,500 crores in FY26? | However, we had not cut down on the investments during the year because of our outlook for the future and the industry trends that we see. |
| Margin | The other aspect of last financial year was that we not only grew our revenues but we also increased our operating profits by 240 basis points on the … | — | Sir a connected question is that is there a price implication or a margin implication arising from this shortage? | Clearly we saw a margin pressure due to increase in component cost, semiconductor components have increased in a price at worldwide, and we could not … | Just one comment I wanted to add to what Venkatesh just mentioned is that, on an overall year basis and we have been communicating during the year as … | But as a combination of our wireless and wireline equipment, we keep saying that our long- term goal is to see a historical margin that we have in the… | So what kind of revenue and EBITDA is required to have break-in on a quarterly basis? | But nevertheless, I think we are kind of making sure it is accounted in our cost and basically renegotiating and re-offering our new prices with the e… |
| People | We have been operating in this region for the last three to four years and that can be seen that we have increased investment 16% year-on-year includi… | — | — | — | So, our headcount during the financial year increased to 1,305 people, which is a 41% year-on-year growth. | We grew our headcount by 42%, mainly in R&D, manufacturing, sales and support. | — | — |
| Pricing | So (a) we have factored the cost of interest when we price the deal in terms of the pricing etc. and then we have now got support from multiple financ… | — | — | No, so this is booking this is just the orders in hand that the pure value of the customers so it has nothing to do with the chip pricing I think when… | The second part was that we also have done a lot of work using our larger buying power, if I were to say, based on the projected volume of business th… | — | — | In the sense that we also have long-term pricing contracts with our suppliers also, right? |
| Revenue growth | In terms of where the growth was we will go into more details later, but I would say it is broad based, which is both India as well as international. | We have good amount of confidence and comfort that with the number of engagements we are having in GPON around the world and NG-PON which is the next-… | From slide number one which is the Q4 key updates, from the financial side our net revenues for the quarter was Rs 201.6 crores and for the whole year… | Similarly, for FY2022 the net revenues were 550.6 Crores which saw a year-on-year growth of 6.9%. | And for the year-end, the revenues were INR919.6 crores, which we saw a growth of year-on-year growth of 67 percentage and EBIT loss of 108 crores and… | So, this first update is about Q4. As Anand mentioned, we ended the year on a very strong note, a very strong revenue growth. | However, for FY24, we had closed the year at a revenue growth of close to INR2,500 crores. | The revenue for the quarter 4 was INR333 crores compared to INR307 crores in the previous quarter, a quarter-on-quarter growth of 8%. |
What they said they would do
Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.
| Date | Quarter | Who | What they said |
|---|---|---|---|
| 2019-02-05 | Q3FY19 | TEJAS NETWORKS LIMITED | So to kind of summarize the good news is that while last year the breakout between India and international was 82% India and 18% international, based on the visibility that we have this year we should be in the range of 75%:25%. |
| 2019-02-05 | Q3FY19 | TEJAS NETWORKS LIMITED | In summary while our revenues saw a decline of 4.7% on nine months basis we had a healthy improved profitability, PBT grew by 14.5%, PAT grew by 44% and for the full year we expect our revenueis to grow around 20%. |
| 2019-05-03 | Q4FY19 | TEJAS NETWORKS LIMITED | We believe that this application can generate more than Rs.300 Crores worth of opportunities for us over the next few years and we already started shipping against that application late last quarter and starting from this year we should see a good amount of traction from that application alone. |
| 2020-01-27 | Q3FY20 | TEJAS NETWORKS LIMITED | So, we see a strong momentum, we added five new international customers in Q3. While the first nine months revenue actually showed a decline of 17% on a year-on-year basis, we expect a very strong Q4 and by the time we finish the year, we expect to see a healthy year- on-year growth for the international segment. |
| 2020-01-27 | Q3FY20 | TEJAS NETWORKS LIMITED | We expect this part of the business which is India private plus international, by the time we complete the full year to have grown by 15% to 20% on a year-on-year basis compared to last year. |
| 2020-01-27 | Q3FY20 | TEJAS NETWORKS LIMITED | So, our expectation is by the time we finished the year from 21% of total which was what international was last year, we expect international to be not less than 40% of our total revenues by the time we finish this fiscal year. |
| 2020-01-27 | Q3FY20 | TEJAS NETWORKS LIMITED | January21, 2020 Our working capital decreased by 11 Crores on account of the higher collections during the quarter and we expect to reduce the working capital level by Q4. Inventory also reduced from the level of 258 Crores to 245 Crores and trade receivable in absolute terms saw a decline of more than 100 Crores, i.e., 103 Crores. |
| 2020-01-27 | Q3FY20 | TEJAS NETWORKS LIMITED | Borrowings of 1 Crores will get paid in Q4 and we expect to see the company as fully debt free by March end. |
| 2020-01-27 | Q3FY20 | TEJAS NETWORKS LIMITED | Cash and cash equivalents have improved by 6 Crores compared to Q2 levels and we expect to improve the cash position at the end of March. |
| 2020-04-28 | Q4FY20 | TEJAS NETWORKS LIMITED | We also have a receivable of Rs.456 crores and as Venkatesh mentioned earlier, we expect to collect 300 to 350 crores out of it even with some amount of BSNL money getting delayed, we still feel that most of this money is something which we have a very strong visibility, lot of it should come into the first half of the year itself. |
| 2020-04-28 | Q4FY20 | TEJAS NETWORKS LIMITED | And inventory of Rs.252 crores which we basically built for Q4 and some of the earlier shipments, we should be able to ship that out. |
| 2022-01-26 | Q3FY22 | TEJAS NETWORKS LIMITED | So they will become a good pipeline for next financial year and as I mentioned earlier that out of the order book that we have Rs.986 Crores today if we are able to secure inventory around 50% which is orders in hand we should be able to revenue between Q4 and Q1 so in that sense we have good visibility of execution. |