Employees: 2,229
Size Tejas Networks (TEJASNET.NS) is an India Communication Services company (Telecommunications Equipment) with a market value of $790M, the 674th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹417.20 on 6 Nov 2026.
Performance Over six months the shares fell 21.8%, against -8.4% for the median peer and 0.0% for the India market (cap-weighted) — 5th lowest of 17 in its peer set.
Growth Revenue fell 70.3% over the last twelve months (peer median +8.1%); the operating margin is -58.1% (peer median 15.7%).
Valuation It trades at 8.3× enterprise value to sales against a peer median of 4.6× (8th most expensive of 17).
Capital Return on invested capital runs 19.6 points below its cost of capital (10.7% WACC).
Next results Next results expected around 20 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹14.5B | ₹11.0B | ₹84.5B | ₹23.1B | ₹9.20B |
| Revenue growth | — | -87% | +265% | +152% | — |
| Gross profit | -₹2.22B | -₹6.26B | ₹9.39B | ₹1.11B | -₹514M |
| EBITDA | -₹4.50B | -₹6.77B | ₹7.91B | ₹1.19B | ₹172M |
| Net income | -₹8.17B | -₹9.09B | ₹4.47B | ₹630M | -₹364M |
| Free cash flow | n/a | -₹3.49B | -₹10.2B | -₹21.5B | -₹3.85B |
| Capital expenditure | n/a | ₹8.84B | ₹6.51B | ₹4.08B | ₹2.49B |
| Total debt | ₹49.7B | ₹41.7B | ₹34.1B | ₹18.7B | ₹498M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Sector in the same market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | TEJASNET.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -10.6% | -2.5% | 3rd lowest of 17 |
| 6-month return | -21.8% | -8.4% | 5th lowest of 17 |
| Distance from 52-week high | -35.3% | -23.7% | 5th lowest of 17 |
| Revenue growth (TTM) | -70.3% | +8.1% | lowest of 17 |
| Operating margin | -58.1% | 15.7% | lowest of 17 |
| EV / Sales | 8.3× | 4.6× | 8th most expensive of 17 |
| ROIC minus cost of capital | -19.6 pp | -1.7 pp | 2nd lowest of 17 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Tejas Networks TEJASNET.NS | India | $790M | -22% | -70% | -58% | 8.3× | n/a | n/a |
| RailTel Corp. of India RAILTEL.NS | India | $817M | -31% | +23% | 10% | 1.6× | 31.3% | +25.4% |
| Tata Teleservices (Maharashtra) TTML.NS | India | $824M | -11% | -1% | 44% | 22.9× | 22.7% | +2.1% |
| Zee Entertainment Enterprises ZEEL.NS | India | $651M | -32% | +6% | -1% | 0.4× | 1.8% | +0.9% |
| Tips Music TIPSMUSIC.NS | India | $1.04B | +20% | +27% | 67% | 22.6× | 36.6% | +32.9% |
| Rossell Techsys ROSSTECH.NS | India | $551M | +33% | +86% | 10% | 9.4× | n/a | n/a |
| Saregama India SAREGAMA.NS | India | $1.26B | +77% | -3% | 28% | 10.4× | n/a | n/a |
| Network18 Media & Invest NETWORK18.NS | India | $438M | -23% | -23% | -3% | 3.3× | n/a | n/a |
| MPS MPSLTD.NS | India | $404M | +36% | +10% | 29% | 4.7× | 9.6% | +12.7% |
| Astra Microwave Products ASTRAMICRO.NS | India | $1.56B | +34% | +4% | 25% | 13.0× | 53.3% | +12.7% |
| Avantel AVANTEL.NS | India | $390M | -12% | +15% | 14% | 14.5× | n/a | n/a |
| PVR Inox PVRINOX.NS | India | $1.63B | +47% | +14% | 16% | 2.9× | 15.7% | +88.3% |
| Wonderla Holidays WONDERLA.NS | India | $322M | -9% | +35% | 17% | 4.0× | n/a | n/a |
| Route Mobile ROUTE.NS | India | $301M | -22% | +1% | 9% | 0.3× | -8.0% | +25.7% |
| Prime Focus PFOCUS.NS | India | $2.36B | -7% | +29% | 16% | 4.5× | 26.0% | +12.6% |
| Sun TV Network SUNTV.NS | India | $2.48B | +4% | -5% | 38% | 4.1× | 9.5% | +6.4% |
| ITI ITI.NS | India | $2.53B | -18% | -41% | -1% | 11.3× | n/a | n/a |