Fortune India 500 2025 edition
Rank#293- Total income
- ₹8,972 Cr
- Profit
- ₹447 Cr
Tejas Networks Limited - telecom in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Active Listed - NSE: TEJASNET · BSE: 540595 Public Limited Company telecom Fortune India 500 · #293 Nifty 500
Market Cap
₹7,551 Cr
TEJASNET · NSE
Share Price
₹407.30
-3.92% today
Revenue
₹1,103 Cr
FY 2025-26 · -87.6% YoY
EBITDA
−₹682 Cr
Margin -61.8%
Net Profit
−₹909 Cr
FY 2025-26 · -303.4% YoY
Debt / Equity
1.12
Interest cover -27.9x
Authorised capital
₹307.69 Cr
Registered with MCA
Paid-up capital
₹177.97 Cr
Issued & subscribed
About Tejas Networks Limited
Data last updated:
Tejas Networks Limited is a public limited company based in Bangalore, Karnataka, India, a subsidiary of Panatone Finvest Limited. It operates in the telecom equipment and tech solutions segment of the telecommunications sector. It was incorporated on 24 April 2000 and has been in existence for over 26 years.
Tejas Networks is ranked #293 on the Fortune India 500 (2025). It is part of the Nifty 500 and BSE 500 indices.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN L72900KA2000PLC026980. It is a listed company as per MCA records. Its shares are listed on BSE: 540595 and NSE: TEJASNET.
The company has an authorised share capital of ₹307.69 Cr and a paid-up capital of ₹177.97 Cr. It was formerly known as Tejas Networks India Limited and Surevin Bpo Services Private Limited. It is led by directors including Arnob Roy (Whole-Time Director) and Ramamurthi Bhaskar.
Its last annual general meeting (AGM) was held on 27 June 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at J P Software Park Plot No 25 Sy. No 13 14 17 18 Konnapana Agrahara Village Begur Hobli, Bangalore, Karnataka, India – 560100.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,103.28 Cr, a decline of 87.6% compared to the previous year. For the same year it recorded a net loss of ₹908.84 Cr (net margin -82.4%) and EBITDA of -₹681.83 Cr (EBITDA margin -61.8%). The net worth stands at ₹2,930.87 Cr (down 23.8% YoY). Total assets are valued at ₹7,147.86 Cr (down 2.3% YoY).
The company has about 3,279 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Tejas Networks. As per MCA filings, the company has satisfied charges of ₹1,151.29 Cr on record. Court records list 111 cases involving the company, including 59 filed by the company and 52 filed against it; 37 cases are pending. The company has 52 deals on record (33 market trades, 10 funding rounds, 5 secondary share transfers), with disclosed funding of ₹2,310.48 Cr; the latest was in June 2026. Its 4 peer companies in the Telecom industry (Telecom Equipment and Technology), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment) are compared by revenue, 1 larger and 3 smaller; the largest is Ericsson India Private Limited with revenue of ₹12,597 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 12 overdue payments to 2 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tejasnetworks.com.
Company details
CIN L72900KA2000PLC026980
Registration Number 026980
Incorporation Date 24 April 2000
ROC Bangalore
Listing Status Listed - Listed on NSE (TEJASNET); Listed on BSE (540595)
Company Status Active
Date of Last AGM 27 June 2025
Date of Balance Sheet 31 March 2026
Parent Company Panatone Finvest Limited
Compliance Status Active Compliant
Name history
Tejas Networks has undergone 3 name changes throughout its history. The company was previously known as Tejas Networks India Limited, Surevin Bpo Services Private Limited, and Surevin Bpo Services Limited. The current legal name is Tejas Networks Limited.
| Company Name | Status |
|---|---|
| Tejas Networks Limited | Current |
| Tejas Networks India Limited | Previous |
| Surevin Bpo Services Private Limited | Previous |
| Surevin Bpo Services Limited | Previous |
CIN history
Tejas Networks has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L72900KA2000PLC026980, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L72900KA2000PLC026980 | Current |
| U74999MP2007PTC019623 | Previous |
| U74999MP2007PLC019623 | Previous |
| U72900KA2000PLC026980 | Previous |
Key People
Arnob Roy Whole-Time Director Ramamurthi Bhaskar Director Ganapathy Subramaniam Natarajan Nominee Director Recognitions & Rankings of Tejas Networks
India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#254- Valuation
- ₹22,850 Cr
2023 #269 2022 #322
Stock market indices
Nifty 500 BSE 500
Contact details
Tejas Networks Limited's registered office is in Bangalore, Karnataka. Its website is tejasnetworks.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressJ P Software Park Plot No 25 Sy. No 13 14 17 18 Konnapana Agrahara Village Begur Hobli, Bangalore, Karnataka, India – 560100
- IndustryTelecom, Telecom Equipment & Tech Solutions
To see the full contact details of Tejas Networks Limited, buy the company report.
Comprehensive company report
Tejas Networks Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Tejas Networks operates one associated brand: Tejas Networks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Telecom and broadband network solutions are provided by the company. | tejasnetworks.com |
Business activity
The main business activity of Tejas Networks is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Tejas Networks Limited, buy the company report.
Financials of Tejas Networks Limited
FY 2025-26 filings availableTejas Networks Limited reported revenue of ₹1,103.28 Cr (down 87.6% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹1,103 Cr
-87.6% YoY
EBITDA
−₹682 Cr
-154.2% YoY
Profit After Tax
−₹909 Cr
-303.4% YoY
Net Worth
₹2,931 Cr
-23.8% YoY
Total Assets
₹7,148 Cr
-2.3% YoY
Total Debt
₹4,177 Cr
+22.6% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,103 | 8,923 | 2,471 | 920 | 551 | 527 | 391 |
| Revenue growth | -87.6% | +261.1% | +168.7% | +67.0% | +4.6% | +34.8% | - |
| EBITDA | (682) | 1,258 | 266 | 14.04 | (80.46) | 53.49 | (87.45) |
| EBITDA margin | -61.8% | +14.1% | +10.8% | +1.5% | -14.6% | +10.2% | -22.4% |
| Profit before tax | (1,354) | 698 | 100 | (42.65) | (117) | 22.52 | (139) |
| Net profit | (909) | 447 | 62.98 | (36.87) | (62.72) | 34.72 | (241) |
| Net profit margin | -82.4% | +5.0% | +2.6% | -4.0% | -11.4% | +6.6% | -61.7% |
| EPS (₹) | (50.21) | 24.86 | 3.62 | (2.12) | (5.32) | 3.89 | (24.83) |
| Balance sheet | |||||||
| Total assets | 7,148 | 7,314 | 5,217 | 3,182 | 1,950 | 1,157 | 1,109 |
| Net worth | 2,931 | 3,846 | 3,149 | 2,973 | 1,930 | 1,134 | 1,081 |
| Total debt | 4,177 | 3,407 | 1,884 | 49.82 | 19.76 | 21.90 | 27.88 |
| Cash & bank | 140 | 340 | 302 | 742 | 347 | 218 | 143 |
| Net working capital | 4,278 | 4,863 | 3,449 | 1,985 | 1,188 | 778 | 769 |
| Cash flow | |||||||
| Cash from operations | 135 | (491) | (2,036) | (380) | (17.33) | 158 | 0.61 |
| Cash from investing | (761) | (655) | 430 | (581) | (828) | (167) | 71.28 |
| Cash from financing | 397 | 1,286 | 1,713 | 999 | 839 | (3.44) | (22.31) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 406 | 402 | 333 | 307 | 262 | 202 | 1,907 | 2,642 |
| Revenue growth (YoY) | +55.0% | +99.1% | -82.6% | -88.4% | -90.7% | -87.1% | - | - |
| Other income | 7.77 | 8.97 | 10.28 | 7.54 | 6.01 | 9.55 | 8.04 | 13.74 |
| EBITDA | (107) | (100) | (118) | (134) | (294) | (136) | 122 | 372 |
| EBITDA margin | -26.3% | -25.0% | -35.6% | -43.8% | -114.4% | -67.2% | +6.7% | +14.9% |
| Depreciation | 91.48 | 94.35 | 101 | 104 | 101 | 96.46 | 103 | 111 |
| Interest | 86.53 | 85.07 | 72.04 | 71.70 | 84.32 | 74.77 | 71.49 | 62.76 |
| Profit before tax | (277) | (271) | (281) | (303) | (473) | (297) | (45.09) | 211 |
| Tax | (69.94) | (68.57) | (69.46) | (106) | (166) | (103) | 26.71 | 45.60 |
| Net profit | (207) | (202) | (211) | (197) | (307) | (194) | (71.80) | 166 |
| EPS (₹) | (11.62) | (11.37) | (11.90) | (11.09) | (17.38) | (10.99) | (4.08) | 9.22 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,101 | 8,916 | 2,474 | 871 | 549 | 524 | 386 |
| Revenue growth | -87.7% | +260.4% | +184.0% | +58.6% | +4.7% | +35.8% | - |
| EBITDA | (690) | 1,267 | 270 | 44.45 | (81.59) | 52.98 | (86.70) |
| EBITDA margin | -62.7% | +14.2% | +10.9% | +5.1% | -14.9% | +10.1% | -22.5% |
| Profit before tax | (1,362) | 711 | 114 | 11.29 | (118) | 22.27 | (138) |
| Net profit | (916) | 451 | 85.43 | 3.04 | (46.11) | 49.76 | (235) |
| Net profit margin | -83.3% | +5.1% | +3.5% | +0.4% | -8.4% | +9.5% | -60.8% |
| EPS (₹) | (50.63) | 25.09 | 4.91 | 0.18 | (5.41) | 3.86 | (24.73) |
| Balance sheet | |||||||
| Total assets | 7,149 | 7,324 | 5,228 | 3,058 | 1,947 | 1,156 | 1,108 |
| Net worth | 2,932 | 3,855 | 3,330 | 3,007 | 1,927 | 1,133 | 1,080 |
| Total debt | 4,177 | 3,407 | 1,884 | 48.23 | 19.76 | 21.90 | 27.88 |
| Cash & bank | 132 | 333 | 297 | 731 | 345 | 217 | 143 |
| Net working capital | 4,269 | 4,855 | 3,435 | 1,967 | 1,174 | 766 | 757 |
| Cash flow | |||||||
| Cash from operations | 134 | (493) | (2,038) | (369) | (18.55) | 157 | 0.52 |
| Cash from investing | (761) | (655) | 430 | (608) | (828) | (167) | 71.28 |
| Cash from financing | 397 | 1,286 | 1,714 | 1,011 | 840 | (3.33) | (22.16) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 405 | 402 | 332 | 306 | 261 | 202 | 1,902 | 2,642 |
| Revenue growth (YoY) | +54.9% | +99.1% | -82.6% | -88.4% | -90.7% | -87.1% | - | - |
| Other income | 7.81 | 8.97 | 10.32 | 7.58 | 6.01 | 9.55 | 8.04 | 13.76 |
| Total expenses | 512 | 502 | 457 | 440 | 555 | 338 | 1,770 | 2,271 |
| EBITDA | (108) | (100) | (125) | (135) | (294) | (136) | 131 | 371 |
| EBITDA margin | -26.6% | -25.0% | -37.8% | -44.1% | -114.7% | -67.2% | +7.3% | +14.9% |
| Depreciation | 91.48 | 94.35 | 101 | 104 | 101 | 96.46 | 103 | 111 |
| Interest | 86.50 | 85.04 | 72.01 | 71.65 | 84.26 | 74.69 | 71.41 | 62.71 |
| Profit before tax | (278) | (271) | (288) | (303) | (473) | (297) | (35.30) | 211 |
| Tax | (69.94) | (68.57) | (69.46) | (106) | (166) | (103) | 26.71 | 45.64 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 24 Oct 2026
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 406 | 402 | 333 | 307 | 262 | 202 | 1,907 | 2,642 |
| Revenue growth (YoY) | +55.0% | +99.1% | -82.6% | -88.4% | -90.7% | -87.1% | - | - |
| Other income | 7.77 | 8.97 | 10.28 | 7.54 | 6.01 | 9.55 | 8.04 | 13.74 |
| EBITDA | (107) | (100) | (118) | (134) | (294) | (136) | 122 | 372 |
| EBITDA margin | -26.3% | -25.0% | -35.6% | -43.8% | -114.4% | -67.2% | +6.7% | +14.9% |
| Depreciation | 91.48 | 94.35 | 101 | 104 | 101 | 96.46 | 103 | 111 |
| Interest | 86.53 | 85.07 | 72.04 | 71.70 | 84.32 | 74.77 | 71.49 | 62.76 |
| Profit before tax | (277) | (271) | (281) | (303) | (473) | (297) | (45.09) | 211 |
| Tax | (69.94) | (68.57) | (69.46) | (106) | (166) | (103) | 26.71 | 45.60 |
| Net profit | (207) | (202) | (211) | (197) | (307) | (194) | (71.80) | 166 |
| EPS (₹) | (11.62) | (11.37) | (11.90) | (11.09) | (17.38) | (10.99) | (4.08) | 9.22 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,103 | 8,923 | 2,471 | 920 | 551 | 527 | 391 |
| Revenue growth | -87.6% | +261.1% | +168.7% | +67.0% | +4.6% | +34.8% | - |
| Other income | 33.38 | 45.42 | 64.66 | 81.01 | 43.30 | 24.85 | 33.65 |
| Total expenses | 1,785 | 7,665 | 2,205 | 906 | 631 | 473 | 478 |
| Employee cost | 722 | 737 | 601 | 394 | 214 | 182 | 176 |
| EBITDA | (682) | 1,258 | 266 | 14.04 | (80.46) | 53.49 | (87.45) |
| EBITDA margin | -61.8% | +14.1% | +10.8% | +1.5% | -14.6% | +10.2% | -22.4% |
| Depreciation | 403 | 353 | 182 | 122 | 76.78 | 52.12 | 77.05 |
| Interest | 303 | 252 | 47.92 | 15.20 | 3.19 | 3.70 | 7.72 |
| Profit before tax | (1,354) | 698 | 100 | (42.65) | (117) | 22.52 | (139) |
| Tax | (445) | 252 | 37.24 | (6.24) | (54.42) | (15.02) | 98.55 |
| Net profit | (909) | 447 | 62.98 | (36.87) | (62.72) | 34.72 | (241) |
| Net profit margin | -82.4% | +5.0% | +2.6% | -4.0% | -11.4% | +6.6% | -61.7% |
| EPS (₹) | (50.21) | 24.86 | 3.62 | (2.12) | (5.32) | 3.89 | (24.83) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 181 | 180 | 174 | 172 | 118 | 96.51 | 95.48 |
| Reserves & surplus | 2,750 | 3,667 | 2,976 | 2,801 | 1,475 | 1,038 | 985 |
| Shareholders' funds (net worth) | 2,931 | 3,846 | 3,149 | 2,973 | 1,930 | 1,134 | 1,081 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 4,177 | 3,407 | 1,884 | 49.82 | 19.76 | 21.90 | 27.88 |
| Total debt | 4,177 | 3,407 | 1,884 | 49.82 | 19.76 | 21.90 | 27.88 |
| Total liabilities | 7,148 | 7,314 | 5,217 | 3,182 | 1,950 | 1,157 | 1,109 |
| Assets | |||||||
| Gross block | 2,524 | 2,151 | 1,648 | 1,152 | 524 | 423 | 371 |
| Net block | 1,130 | 1,147 | 961 | 647 | 138 | 111 | 78.65 |
| Capital work in progress | 950 | 404 | 235 | 154 | 39.61 | 24.49 | 26.99 |
| Investments | 365 | 482 | 334 | 262 | 402 | 37.37 | 50.97 |
| Inventories | 2,438 | 2,367 | 3,738 | 647 | 278 | 214 | 252 |
| Sundry debtors | 3,256 | 4,444 | 1,410 | 499 | 285 | 341 | 376 |
| Cash & bank balances | 140 | 340 | 302 | 742 | 347 | 218 | 143 |
| Loans & advances | 698 | 780 | 985 | 517 | 438 | 161 | 130 |
| Total current assets | 6,533 | 7,931 | 6,435 | 2,405 | 1,348 | 933 | 901 |
| Total current liabilities | 2,255 | 3,068 | 2,986 | 420 | 160 | 155 | 132 |
| Net working capital | 4,278 | 4,863 | 3,449 | 1,985 | 1,188 | 778 | 769 |
| Total assets | 7,148 | 7,314 | 5,217 | 3,182 | 1,950 | 1,157 | 1,109 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 332 | 193 | 85.39 | 47.56 | 53.43 | 66.48 | 16.90 |
| Net cash from operating activities | 135 | (491) | (2,036) | (380) | (17.33) | 158 | 0.61 |
| Net cash from investing activities | (761) | (655) | 430 | (581) | (828) | (167) | 71.28 |
| Net cash from financing activities | 397 | 1,286 | 1,713 | 999 | 839 | (3.44) | (22.31) |
| Net change in cash | (229) | 139 | 107 | 37.83 | (5.87) | (13.05) | 49.58 |
| Closing cash | 140 | 340 | 302 | 742 | 347 | 218 | 143 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -87.6% | +261.1% | +168.7% | +67.0% | +4.6% | +34.8% | - |
| EBITDA growth | -154.2% | +373.0% | +1794.1% | +117.5% | -250.4% | +161.2% | - |
| PBT growth | - | +596.7% | +9998.0% | +63.6% | - | +9998.0% | - |
| Net income growth | -303.4% | +609.4% | +270.8% | +41.2% | -280.7% | +114.4% | - |
| Revenue CAGR (3Y) | +6.3% | +153.1% | +67.4% | +33.0% | -15.1% | -11.1% | -23.6% |
| EBITDA CAGR (3Y) | - | - | +70.7% | - | - | -29.5% | - |
| Profitability & leverage | |||||||
| Net income margin | -82.4% | +5.0% | +2.6% | -4.0% | -11.4% | +7.1% | -60.7% |
| Return on capital employed | 0.0% | +15.2% | +3.5% | 0.0% | 0.0% | +2.1% | -10.8% |
| Return on net worth | 0.0% | +12.8% | +2.1% | 0.0% | 0.0% | +3.1% | -19.8% |
| Debt / equity | 1.12 | 0.76 | 0.32 | 0.01 | 0.01 | 0.02 | 0.01 |
| Long-term debt / equity | 0.14 | 0.05 | 0.03 | 0.01 | 0.01 | 0.02 | 0.01 |
| Interest cover | -27.92 | 27.84 | 57.40 | -14.01 | -2.03 | 270.07 | -4.69 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.47 | 4.70 | 1.76 | 1.10 | 1.16 | 1.33 | 1.20 |
| Inventory turnover | 0.46 | 2.92 | 1.13 | 1.99 | 2.24 | 2.26 | 1.80 |
| Debtors turnover | 0.29 | 3.05 | 2.59 | 2.35 | 1.76 | 1.47 | 0.78 |
| EPS (₹) | (50.21) | 24.86 | 3.62 | (2.12) | (5.32) | 3.89 | (24.83) |
| Dividend per share (₹) | 0.00 | 2.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 161.92 | 214.17 | 181.03 | 173.21 | 135.19 | 117.52 | 113.21 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 405 | 402 | 332 | 306 | 261 | 202 | 1,902 | 2,642 |
| Revenue growth (YoY) | +54.9% | +99.1% | -82.6% | -88.4% | -90.7% | -87.1% | - | - |
| Other income | 7.81 | 8.97 | 10.32 | 7.58 | 6.01 | 9.55 | 8.04 | 13.76 |
| Total expenses | 512 | 502 | 457 | 440 | 555 | 338 | 1,770 | 2,271 |
| EBITDA | (108) | (100) | (125) | (135) | (294) | (136) | 131 | 371 |
| EBITDA margin | -26.6% | -25.0% | -37.8% | -44.1% | -114.7% | -67.2% | +7.3% | +14.9% |
| Depreciation | 91.48 | 94.35 | 101 | 104 | 101 | 96.46 | 103 | 111 |
| Interest | 86.50 | 85.04 | 72.01 | 71.65 | 84.26 | 74.69 | 71.41 | 62.71 |
| Profit before tax | (278) | (271) | (288) | (303) | (473) | (297) | (35.30) | 211 |
| Tax | (69.94) | (68.57) | (69.46) | (106) | (166) | (103) | 26.71 | 45.64 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,101 | 8,916 | 2,474 | 871 | 549 | 524 | 386 |
| Revenue growth | -87.7% | +260.4% | +184.0% | +58.6% | +4.7% | +35.8% | - |
| Other income | 33.46 | 45.43 | 64.66 | 77.17 | 43.25 | 24.99 | 33.71 |
| Total expenses | 1,790 | 7,649 | 2,204 | 827 | 631 | 472 | 473 |
| Employee cost | 708 | 725 | 591 | 322 | 204 | 175 | 169 |
| EBITDA | (690) | 1,267 | 270 | 44.45 | (81.59) | 52.98 | (86.70) |
| EBITDA margin | -62.7% | +14.2% | +10.9% | +5.1% | -14.9% | +10.1% | -22.5% |
| Depreciation | 403 | 353 | 182 | 105 | 76.78 | 52.12 | 77.05 |
| Interest | 303 | 247 | 38.18 | 5.20 | 3.03 | 3.58 | 7.57 |
| Profit before tax | (1,362) | 711 | 114 | 11.29 | (118) | 22.27 | (138) |
| Tax | (445) | 261 | 28.22 | 8.25 | (54.42) | (15.02) | 98.55 |
| Net profit | (916) | 451 | 85.43 | 3.04 | (46.11) | 49.76 | (235) |
| Net profit margin | -83.3% | +5.1% | +3.5% | +0.4% | -8.4% | +9.5% | -60.8% |
| EPS (₹) | (50.63) | 25.09 | 4.91 | 0.18 | (5.41) | 3.86 | (24.73) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 181 | 180 | 174 | 172 | 118 | 96.51 | 95.48 |
| Reserves & surplus | 2,751 | 3,676 | 3,156 | 2,836 | 1,472 | 1,036 | 984 |
| Shareholders' funds (net worth) | 2,932 | 3,855 | 3,330 | 3,007 | 1,927 | 1,133 | 1,080 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 4,177 | 3,407 | 1,884 | 48.23 | 19.76 | 21.90 | 27.88 |
| Total debt | 4,177 | 3,407 | 1,884 | 48.23 | 19.76 | 21.90 | 27.88 |
| Total liabilities | 7,149 | 7,324 | 5,228 | 3,058 | 1,947 | 1,156 | 1,108 |
| Assets | |||||||
| Gross block | 2,525 | 2,151 | 1,655 | 710 | 524 | 423 | 371 |
| Net block | 1,130 | 1,147 | 961 | 219 | 138 | 111 | 78.65 |
| Capital work in progress | 950 | 404 | 235 | 136 | 39.61 | 24.49 | 26.99 |
| Investments | 376 | 500 | 352 | 557 | 413 | 48.24 | 61.84 |
| Inventories | 2,438 | 2,366 | 3,733 | 628 | 278 | 214 | 252 |
| Sundry debtors | 3,256 | 4,444 | 1,408 | 462 | 276 | 331 | 364 |
| Cash & bank balances | 132 | 333 | 297 | 731 | 345 | 217 | 143 |
| Loans & advances | 697 | 780 | 985 | 544 | 438 | 164 | 130 |
| Total current assets | 6,524 | 7,923 | 6,423 | 2,365 | 1,336 | 925 | 889 |
| Total current liabilities | 2,255 | 3,068 | 2,988 | 398 | 162 | 159 | 132 |
| Net working capital | 4,269 | 4,855 | 3,435 | 1,967 | 1,174 | 766 | 757 |
| Total assets | 7,149 | 7,324 | 5,228 | 3,058 | 1,947 | 1,156 | 1,108 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 325 | 188 | 81.64 | 45.50 | 52.44 | 66.05 | 16.41 |
| Net cash from operating activities | 134 | (493) | (2,038) | (369) | (18.55) | 157 | 0.52 |
| Net cash from investing activities | (761) | (655) | 430 | (608) | (828) | (167) | 71.28 |
| Net cash from financing activities | 397 | 1,286 | 1,714 | 1,011 | 840 | (3.33) | (22.16) |
| Net change in cash | (231) | 138 | 106 | 33.48 | (6.94) | (13.61) | 49.64 |
| Closing cash | 132 | 333 | 297 | 731 | 345 | 217 | 143 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -87.7% | +260.4% | +184.0% | +58.6% | +4.7% | +35.8% | - |
| EBITDA growth | -154.5% | +369.8% | +506.6% | +154.5% | -254.0% | +161.1% | - |
| PBT growth | - | +526.0% | +906.6% | +9998.0% | - | +9998.0% | - |
| Net income growth | -303.2% | +427.8% | +2710.2% | +106.6% | -192.7% | +121.2% | - |
| Revenue CAGR (3Y) | +8.1% | +153.2% | +67.7% | +31.1% | -15.0% | -11.0% | -23.5% |
| EBITDA CAGR (3Y) | - | - | +72.0% | - | - | -30.0% | - |
| Profitability & leverage | |||||||
| Net income margin | -83.3% | +5.1% | +3.5% | +0.4% | -11.6% | +7.1% | -61.2% |
| Return on capital employed | 0.0% | +15.3% | +3.7% | +0.7% | 0.0% | +3.4% | -10.7% |
| Return on net worth | 0.0% | +12.5% | +2.7% | +0.1% | 0.0% | +4.5% | -19.7% |
| Debt / equity | 1.12 | 0.74 | 0.30 | 0.01 | 0.01 | 0.02 | 0.01 |
| Long-term debt / equity | 0.14 | 0.05 | 0.03 | 0.01 | 0.01 | 0.02 | 0.01 |
| Interest cover | -27.70 | 27.09 | 43.80 | -8.57 | -1.91 | 416.28 | -4.62 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.47 | 4.68 | 2.09 | 1.41 | 1.16 | 1.32 | 1.18 |
| Inventory turnover | 0.46 | 2.92 | 1.13 | 1.92 | 2.23 | 2.25 | 1.78 |
| Debtors turnover | 0.29 | 3.05 | 2.65 | 2.36 | 1.81 | 1.51 | 0.79 |
| EPS (₹) | (50.63) | 25.09 | 4.91 | 0.18 | (5.41) | 3.86 | (24.73) |
| Dividend per share (₹) | 0.00 | 2.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 161.96 | 214.67 | 191.41 | 175.21 | 134.92 | 117.39 | 113.09 |
To see the full year-wise statements and ratios of Tejas Networks Limited, buy the company report.
Board of directors of Tejas Networks Limited
Tejas Networks has 6 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arnob Roy | Whole-Time Director | 25 Mar 2019 | 7 Years 6 Months | Current |
| Ramamurthi Bhaskar | Director | 27 Jun 2022 | 4 Years 3 Months | Current |
| Ganapathy Subramaniam Natarajan | Nominee Director | 19 Jan 2022 | 4 Years 9 Months | Current |
| Alice Geevarghese Vaidyan Also directs: Geojit Financial Services Limited, Tata Investment Corporation Limited, Air India Express Limited and 4 more | Director | 29 Mar 2023 | 3 Years 6 Months | Current |
| Randhir Thakur | Director | 15 Sep 2025 | 1 Years 1 Months | Current |
| Srikumar Vijayasekharan Also directs: Kirloskar Oil Engines Limited, Arka Fincap Limited | Director | 15 Apr 2026 | 0 Years 6 Months | Current |
Peer comparison
Tejas Networks Limited is compared with the 4 companies closest to it by revenue in the Telecom industry (Telecom Equipment and Technology), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ericsson India Private Limited | ₹12,597 Cr (FY 2023) | 100.0% | New Delhi, Delhi, India | |||
| Jabil Circuit India Private Limited | ₹7,352.62 Cr (FY 2025) | -45.0% | Shirur, Maharashtra, India | |||
| HFCL Limited | ₹4,565.64 Cr (FY 2024) | -5.0% | Himachal Pradesh, India | |||
| Commscope India Private Limited | ₹2,610.39 Cr (FY 2025) | 30.0% | Goa, India | |||
| Tejas Networks Limitedthis company | ₹1,103.28 Cr (FY 2026) | -₹908.84 Cr | -82.4% | -87.6% | 3,279 | Bangalore, Karnataka, India |
To see the full peer comparison of Tejas Networks Limited, buy the company report.
Auditor
Tejas Networks Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2024 | 012754N/N500016 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 53.30%, foreign institutional investors hold 5.80%, domestic institutional investors hold 4.10% and retail and other public shareholders hold 36.80%.
Sep 2026
QUARTER
53.30% Promoters
4.10% DII (Domestic Institutional)
5.80% FII (Foreign Institutional)
36.80% Retail & Others
Promoter holding - history
Now 53.30% · Sep 2026High 53.70% · Dec 2025Low 53.30% · Sep 2026
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 53.30% | 53.40% | 53.50% | 53.70% |
| Public | 46.70% | 46.60% | 46.50% | 46.30% |
Charges & borrowings
Open charges
None
Satisfied charges
₹1,151.29 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2016 | 100068596 | Others | ₹40 Cr | Satisfied | |
| 27 Oct 2016 | 100066387 | Citi Bank N.A. | ₹50 Cr | Satisfied | |
| 10 Dec 2015 | 10606896 | Kotak Mahindra Bank Limited | ₹40 Cr | Satisfied | |
| 11 Nov 2015 | 10604923 | Citi Bank N a | ₹50 Cr | Satisfied | |
| 24 Apr 2015 | 10569226 | Others | ₹67 Cr | Satisfied |
To see the full charge records of Tejas Networks Limited, buy the company report.
Total charge records: 20 View all charges
Deals & funding
Tejas Networks Limited has 52 deals on record (33 market trades, 10 funding rounds, 5 secondary share transfers), with disclosed funding of ₹2,310.48 Cr; the latest was in June 2026.
Total deals
52
Market trades
33
Funding rounds
10
Secondary share transfers
5
Acquisitions
3
Disclosed funding
₹2,310.48 Cr
Deals on record (5 of 52)
To see the full deal history of Tejas Networks Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Tejas Networks Limited has 111 court cases on record: 59 filed by Tejas Networks, 52 filed against it. 37 cases are pending and 74 are disposed.
Total cases
111
Filed by the company
59
Filed against the company
52
Pending
37
Disposed
74
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 66 | 27 | 21 |
| District courts | 35 | 24 | 15 |
| Supreme Court | 8 | 1 | 1 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 111)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by Bharat Broadband Network Limited | Pending |
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against Attero Recycling Private Limited | Pending |
| High Court of Karnataka | Writ petition | Filed against the company by M/S Iti Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.A.A.) | Filed by the company against Attero Recycling Private Limited | Disposed |
| Madras High Court | Appeal | Filed by the company against BGR Energy Systems Limited | Disposed |
To see the full case history of Tejas Networks Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Tejas Networks Limited was last rated by Icra on 07 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 07 Apr 2022 |
To see the full credit ratings and regulatory alerts of Tejas Networks Limited, buy the company report.
MSME payment delays
Tejas Networks Limited has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 12 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Racomm Engineers Private Limited |
To see the full MSME payment records of Tejas Networks Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Tejas Networks has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Saankhya Labs Private Limited | U72200KA2006PTC041339 | |
| Saankhya Strategic Electronics Private Limited | U72900KA2020PTC136822 |
To see the full group structure of Tejas Networks Limited, buy the company report.
Employees & EPFO
Tejas Networks Limited has a workforce of 3,279 employees on its EPFO records as of Apr 08, 2024, across 5 active EPFO establishments.
Employee count
3,279
Active EPFO establishments
5
Employee growth
24.44%
GST
No GST registration is on our record for Tejas Networks Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Tejas Networks Limited has 44 board changes on record since 2000: 26 appointments and 18 cessations. The latest: Srikumar Vijayasekharan was appointed as Director on 15 Apr 2026.
Appointed
Srikumar Vijayasekharan was appointed as Director.
Filing
Tejas Networks Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Bangalore.
Appointed
Randhir Thakur was appointed as Director.
AGM
Tejas Networks Limited last Annual general meeting of members was held on 27 Jun 2025 as per latest MCA records.
Ceased
Anand Athreya Subramaniam ceased to be Managing Director.
Ceased
Chandrashekhar Bhaskar Bhave ceased to be Director.
Ceased
Amur Swaminathan Lakshminarayanan ceased to be Nominee Director.
Charges
A charge registered on 05 Aug 2004 via Charge ID 80005192 with Others was fully satisfied on 05 Mar 2024.
Charges
A charge registered on 11 Jul 2008 via Charge ID 10116502 with Standard Chartered Bank was fully satisfied on 19 Feb 2024.
Charges
A charge registered on 11 Aug 2006 via Charge ID 10016338 with Axis Bank Limited was fully satisfied on 16 Feb 2024.
Charges
A charge registered on 15 Feb 2007 via Charge ID 10037315 with Citi Bank N.A. was fully satisfied on 12 Feb 2024.
Appointed
Sumit Dhingra was appointed as CFO.
81 earlier events are in the company report.
News
Tejas Networks: Q2 FY27 Revenue Grows to ₹406 Crores from ₹262 Crores in Q2 FY26; PAT Improves to -₹207 Crores from -₹307 Crores; Order Book Increases to ₹2,315 Crores; Secured LOI for Over 18,000 4G Sites for BSNL.
TEJASNET: Q2 REVENUE 4B RUPEES VS 2.62B (YOY)
TEJASNET: Q2 SL NET LOSS 2.06B RUPEES VS LOSS 3.07B (YOY)
Tejas Networks: Company Partners with Qualcomm to Showcase 6G Integrated Sensing and Communications Technology at India Mobile Congress 2026.
Frequently asked questions
Tejas Networks is an active public limited company based in Bangalore, Karnataka, India. The company works in telecom equipment and tech solutions, within the telecom industry. It was incorporated on 24 April 2000 (26+ years old) and is registered under CIN L72900KA2000PLC026980. Listed on BSE: 540595 and NSE: TEJASNET.
Tejas Networks reported revenue of ₹1,103.28 Cr for FY 2025-26 (down 87.6% YoY) based on consolidated financials.
Tejas Networks has 6 current directors:
- Arnob Roy - Whole-Time Director
- Ramamurthi Bhaskar - Director
- Ganapathy Subramaniam Natarajan - Nominee Director
- Alice Geevarghese Vaidyan - Director
- Randhir Thakur - Director
- Srikumar Vijayasekharan - Director
The latest financial statements of Tejas Networks on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 27 June 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Tejas Networks is L72900KA2000PLC026980. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Tejas Networks is a listed company as per MCA records. Its shares are listed on both BSE (code: 540595) and NSE (symbol: TEJASNET).
Tejas Networks has 111 court cases on record: 59 filed by the company and 52 filed against it. 37 are pending. Most are in the high courts.
Tejas Networks was incorporated on 24 April 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
Tejas Networks has 52 deals on record (33 market trades, 10 funding rounds, 5 secondary share transfers), with disclosed funding of ₹2,310.48 Cr; the latest was in June 2026.
The peers of Tejas Networks by revenue are Ericsson India Private Limited, Jabil Circuit India Private Limited, HFCL Limited, Commscope India Private Limited, all in the Telecom industry (Telecom Equipment and Technology), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment).
Srikumar Vijayasekharan was appointed as Director on 15 Apr 2026. Randhir Thakur was appointed as Director on 15 Sep 2025. Anand Athreya Subramaniam ceased to be Managing Director on 20 Jun 2025. Tejas Networks has 44 board changes on record in total.
Tejas Networks has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 12 overdue payments to 2 micro and small suppliers. The latest return was filed on 30 Apr 2022.