Tejas Networks Limited has informed the Exchange about Transcript of Earnings Call
TEJASNET · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Tejas Networks reported Q4 FY26 revenue of INR333 crores (up 8% QoQ) but posted a PAT loss of INR211 crores. For full year FY26, revenue was INR1,103 crores with a massive PAT loss of INR909 crores. The company attributed this to delayed large customer projects after the BSNL execution year, while continuing heavy investments in R&D and new products. Order book grew significantly to INR1,514 crores (vs INR1,019 crores a year ago), driven by wireline and early wireless orders including a NEC supply contract for 5G Massive MIMO radios for a global customer. Management called FY26 a 'year of consolidation' and expects much better FY27 results based on its stronger business outlook and opportunities in wireless expansion internationally, BharatNet Phase III, and data center connectivity. Leadership changes were announced including new MD/CEO Arnob Roy's appointment and CFO transition.
The company posted heavy losses due to delayed projects despite continued investments. The growing order book and international wireless wins provide some hope, but high net debt of INR3,531 crores and INR3,258 crores in receivables remain concerns. Investors will focus on whether FY27 can deliver the 'much better results' management is targeting without providing specific guidance.