Tejas Networks Ltd

Tejas Networks Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Tejas Networks Ltd

₹ 776 -2.60%
19 Apr - close price
tejasnetworks.com BSE: 540595 NSE : TEJASNET
About

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]

Key Points

Product Portfolio[1]
Wireline products: FTTX, Optical Transport, Switches & Routers
Wireless products: 4G/G RAN (Radio Access Network) , SATCOM, Broadcast Radio
Network Management & Monitoring: Network Management, Element Management.

Website BSE NSE
  • Market Cap ₹ 13,239 Cr.
  • Current Price ₹ 776
  • High / Low ₹ 940 / 618
  • Stock P/E
  • Book Value ₹ 177
  • Dividend Yield 0.00 %
  • ROCE -1.20 %
  • ROE -1.62 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company is almost debt free.
  • Company is expected to give good quarter

Cons

  • Stock is trading at 4.39 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of -1.30% over last 3 years.
  • Earnings include an other income of Rs.73.9 Cr.
  • Company has high debtors of 198 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Telecomm Equipment & Infra Services Industry: Telecommunications - Equipment

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
135 202 144 173 107 126 126 220 275 299 188 396 560
121 172 127 154 135 215 133 198 267 308 234 383 567
Operating Profit 14 30 18 18 -28 -88 -7 22 8 -8 -46 13 -8
OPM % 10% 15% 12% 11% -26% -70% -6% 10% 3% -3% -25% 3% -1%
9 4 8 4 16 14 19 20 21 21 19 18 15
Interest 1 1 1 1 1 0 1 5 5 5 5 7 8
Depreciation 12 14 16 18 20 22 23 30 34 35 34 42 48
Profit before tax 9 19 8 3 -33 -96 -13 7 -9 -27 -66 -18 -49
Tax % 0% -81% 9% -10% 26% 48% 49% 147% -62% 58% 60% 29% 8%
9 34 8 4 -24 -50 -7 -3 -15 -11 -26 -13 -45
EPS in Rs 0.99 3.60 0.81 0.32 -2.13 -4.33 -0.44 -0.21 -0.99 -0.68 -1.55 -0.74 -2.64
Raw PDF
Upcoming result date: 22 April 2024

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
201 369 423 387 627 875 750 900 391 527 551 920 1,443
216 322 328 319 514 711 597 704 478 473 631 906 1,492
Operating Profit -14 47 95 68 113 164 153 196 -87 53 -80 14 -49
OPM % -7% 13% 22% 18% 18% 19% 20% 22% -22% 10% -15% 2% -3%
7 -42 10 10 4 -22 28 37 34 25 43 81 74
Interest 40 36 46 47 49 32 13 17 8 4 3 15 25
Depreciation 45 48 56 49 38 56 61 66 77 52 77 122 160
Profit before tax -93 -79 3 -18 29 54 106 150 -139 23 -117 -43 -159
Tax % 0% -0% 0% 0% 0% -73% -0% 2% -71% -67% 46% 15%
-93 -79 3 -18 29 93 107 147 -237 38 -63 -36 -95
EPS in Rs -15.94 -13.56 0.48 -3.07 4.59 13.15 11.73 16.05 -25.71 4.03 -5.47 -2.16 -5.61
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 6% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 10%
5 Years: 4%
3 Years: 33%
TTM: 93%
Compounded Profit Growth
10 Years: -4%
5 Years: %
3 Years: 23%
TTM: -28%
Stock Price CAGR
10 Years: %
5 Years: 33%
3 Years: 67%
1 Year: 22%
Return on Equity
10 Years: 1%
5 Years: -2%
3 Years: -1%
Last Year: -2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 62 62 62 62 67 74 94 95 95 97 118 172 173
Reserves 299 220 223 206 294 519 1,058 1,225 985 1,038 1,475 2,801 2,834
Preference Capital 0 39 39 64 0 0 0 0 0 0 0 0
221 222 268 250 259 281 2 1 28 22 20 50 138
59 152 193 210 219 160 175 264 132 156 498 579 1,719
Total Liabilities 640 656 745 728 838 1,034 1,330 1,585 1,241 1,312 2,110 3,602 4,864
111 77 65 51 94 92 75 99 79 111 138 647 1,036
CWIP 75 71 84 88 52 19 47 41 27 24 40 154 2
Investments 16 0 0 0 0 0 77 87 51 37 402 262 717
438 508 597 589 692 924 1,132 1,358 1,085 1,139 1,531 2,539 3,108
Total Assets 640 656 745 728 838 1,034 1,330 1,585 1,241 1,312 2,110 3,602 4,864

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
34 25 27 76 127 150 239 -82 1 158 -17 -380
-38 -0 -74 -29 -50 -140 -213 -104 71 -167 -828 -581
-15 8 15 -40 -41 -28 157 -11 -22 -3 839 999
Net Cash Flow -19 34 -32 8 37 -18 183 -197 50 -13 -6 38

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 143 136 193 196 148 160 134 252 351 236 189 198
Inventory Days 715 340 341 405 238 129 179 143 452 290 327 421
Days Payable 153 164 225 252 205 77 98 129 134 125 131 196
Cash Conversion Cycle 705 312 309 349 181 212 215 266 669 401 384 423
Working Capital Days 560 287 289 318 182 179 256 304 585 388 558 493
ROCE % 2% 9% 5% 13% 16% 12% 13% -11% 2% -8% -1%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
0.00% 0.00% 37.32% 37.17% 52.40% 52.20% 51.97% 56.37% 55.97% 55.92% 55.80% 55.60%
20.32% 14.48% 14.24% 14.01% 10.33% 10.84% 11.22% 10.49% 10.91% 11.11% 11.26% 11.33%
7.38% 5.70% 5.25% 5.21% 3.99% 4.14% 4.20% 3.98% 3.89% 4.03% 4.35% 4.76%
72.30% 79.82% 43.19% 43.60% 33.27% 32.82% 32.60% 29.16% 29.21% 28.93% 28.58% 28.31%
No. of Shareholders 56,77780,41596,1981,03,5251,37,9731,34,7821,47,4551,45,8721,40,4971,63,5451,67,2051,72,998

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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