Tejas Networks Limited has informed the Exchange regarding a press release dated April 15, 2026, titled "Tejas announces Q4FY26 results".
TEJASNET · price
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Tejas Networks reported Q4 FY26 revenue of Rs. 333 Cr with an 8% QoQ sequential growth, though this represents a steep decline from Q4 FY25's Rs. 1,907 Cr. For the full year FY26, revenue fell dramatically to Rs. 1,103 Cr from Rs. 8,923 Cr in FY25, with PAT deteriorating to a loss of Rs. 909 Cr (vs FY25 PAT of Rs. 447 Cr profit). The company ended with a gross debt of Rs. 4,035 Cr and cash of Rs. 505 Cr, leaving net debt at Rs. 3,531 Cr. Despite the losses, the order book grew 49% YoY to Rs. 1,514 Cr. Key wins include BSNL's pan-India 4G network launch, a 5G Massive MIMO supply contract with NEC, selection as IP/MPLS router OEM for the largest number of BharatNet Phase III packages, and a strategic partnership with Rakuten Symphony for Open RAN solutions.
The stock faces significant pressure due to massive revenue collapse and high leverage, though the growing order book, international wireless wins, and 49% YoY order book growth signal a potential turnaround if execution improves.