Tejas Networks share price
NSE: TEJASNETBSE: 540595Telecom - Equipment & AccessoriesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹423.90.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹7,256 Cr636th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 16 Oct 2026
- 2.9
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 16 Oct 2026
- −27.9%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 16 Oct 2026
- −11.6%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026. The filing of 16 Oct 2026
- 1.91
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 11,98,57528.3% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Sep 2026, against the quarter beforeFiled 16 Oct
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹406 Crup 0.88%
- Net profitNet profit. Under it, net profit in the quarter before. A change in per cent is not worked out where either period is a loss or nothing.
- −₹207 CrQuarter to Jun 2026: −₹202 Cr
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- −51.0%
Revenue by year
Net profit by year, a loss in red
- Net profit
- Loss
| ₹ crore | Dec 2024Filed 4 Feb | Mar 2025Filed 12 Jun | Jun 2025Filed 14 Jul | Sep 2025Filed 17 Oct | Dec 2025Filed 9 Jan | Mar 2026Filed 15 Apr | Jun 2026Filed 27 Jul | Sep 2026Filed 16 Oct |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,642 | 1,907 | 202 | 262 | 307 | 333 | 402 | 406 |
| Net profit | 166 | −72 | −194 | −307 | −197 | −211 | −202 | −207 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 6.3% | −3.8% | −96.0% | −117.3% | −64.1% | −63.5% | −50.3% | −51.0% |
Business segments
In the year to Mar 2026 the company reports one business segment, Telecom and data networking related products and services, which carries all its revenue.
Valuation
Today, against the company's own history. Not shown, P/E: loss, last twelve months. Not shown, EV/EBITDA: operating loss, last twelve months.PE ratio and valuation history
At or below today's level on 56% of 1,794 trading days since Oct 2018.
At or below today's level on 79% of 2,295 trading days since Jul 2017.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −49.2% | – | – | 0.0% |
| 3 years | −12.6% | – | – | 0.1% |
| 5 years | +19.5% | – | – | 0.1% |
Mutual funds holding it
45 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 44 of the 44 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.Mutual fund holdings
- AddedAdded. Funds that held more shares than at the end of the month before.
- 15
- CutCut. Funds that held fewer shares than at the end of the month before.
- 29
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 1
| Fund | |||
|---|---|---|---|
 Nippon India Small Cap FundNippon India Mutual Fund | 50,07,516 | 0.30% | ₹243.5 Cr |
| Nippon India Nifty Smallcap 250 Index FundNippon India Mutual Fund | 1,28,028 | 0.18% | ₹6.22 Cr |
 HDFC Nifty Smallcap 250 ETFHDFC Mutual Fund | 1,00,459 | 0.18% | ₹4.88 Cr |
 SBI Nifty Smallcap 250 Index FundSBI Mutual Fund | 65,036 | 0.18% | ₹3.16 Cr |
 Motilal Oswal Nifty Smallcap 250 Index FundMotilal Oswal Mutual Fund | 46,133 | 0.18% | ₹2.24 Cr |
 ICICI Prudential Nifty Smallcap 250 Index FundICICI Prudential Mutual Fund | 29,162 | 0.18% | ₹1.42 Cr |
| HDFC Nifty Smallcap 250 Index FundHDFC Mutual Fund | 27,967 | 0.18% | ₹1.36 Cr |
| Nippon India Nifty 500 Equal Weight Index FundNippon India Mutual Fund | 18,295 | 0.20% | ₹0.89 Cr |
 JioBlackRock Nifty Smallcap 250 Index FundJio BlackRock Mutual Fund | 14,594 | 0.18% | ₹0.71 Cr |
| Motilal Oswal Nifty 500 Index FundMotilal Oswal Mutual Fund | 13,315 | 0.02% | ₹0.65 Cr |
Peers and competitors
Telecom - Equipment & Accessories, 15 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Tejas Networks in market cap.
Tejas Networks is not on the chart: it has no P/E today
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Sterlite TechnologiesSTLTECH | 42,495 | 174.9 | – | – | +18.9% | – | 11.4% | 12.4% | 0.00% |
 ITIITI | 20,738 | 64.0 | 10.9 | 401.1 | −41.3% | – | 18.4% | −0.1% | 0.00% |
 Optiemus InfracomOPTIEMUS | 6,075 | 83.6 | 7.8 | 62.5 | +20.9% | +10.6% | 10.1% | 6.7% | 0.00% |
| Orient Cables (India)ORIENTCABL | 3,884 | – | – | – | – | – | – | – | 0.00% |
 Valiant CommunicationsVALIANT | 1,610 | 59.1 | 16.7 | 44.7 | +65.7% | +143.0% | 34.5% | 32.2% | 0.11% |
 ADC India CommunicationsADCINDIA | 915 | 40.6 | 10.6 | 33.4 | +19.0% | +0.3% | 28.8% | 29.0% | 1.26% |
 Birla CableBIRLACABLE | 846 | 18.3 | 3.0 | 11.5 | +28.1% | +656.8% | 17.3% | 16.8% | 0.44% |
 Frog InnovationsFROG | 361 | – | 2.3 | – | −51.7% | −106.6% | −1.0% | – | 0.00% |
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.| Ex-date | Type | Per share |
|---|---|---|
| 19 Jun 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹2.50 |
| 17 Jul 2019 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹1.00 |
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
Sep 2026
Tejas Networks share price by year
Each calendar year to 2025.Tejas Networks share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 449.65 | −62.1% | 1,212.85 | 447.50 |
| 2024 | 1,185.70 | +36.3% | 1,452.25 | 656.40 |
| 2023 | 869.70 | +50.4% | 902.85 | 518.55 |
| 2022 | 578.35 | +38.0% | 759.65 | 366.40 |
| 2021 | 418.95 | +205.5% | 543.35 | 130.35 |
| 2020 | 137.15 | +44.3% | 150.55 | 29.30 |
| 2019 | 95.05 | −54.2% | 222.30 | 67.45 |
| 2018 | 207.45 | −47.5% | 445.30 | 196.85 |
| 2017 | 395.40 | – | 420.65 | 263.50 |
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 424.10 | 424.60 | 401.65 | 407.30 | 408.62 | 11,98,575 | 28.3% |
| 22 Oct 2026 | 422.00 | 437.70 | 418.20 | 423.90 | 428.02 | 14,49,730 | 16.5% |
| 21 Oct 2026 | 449.50 | 449.50 | 423.25 | 426.75 | 433.48 | 13,86,748 | 27.8% |
| 19 Oct 2026 | 465.00 | 467.80 | 446.00 | 453.25 | 458.49 | 12,99,689 | 22.2% |
| 16 Oct 2026 | 471.00 | 481.55 | 462.25 | 474.75 | 473.91 | 15,35,925 | 23.5% |
| 15 Oct 2026 | 463.10 | 475.05 | 456.30 | 468.25 | 465.42 | 12,72,805 | 30.3% |
| 14 Oct 2026 | 461.00 | 467.00 | 455.00 | 464.30 | 461.81 | 8,14,833 | 24.1% |
| 13 Oct 2026 | 462.00 | 464.60 | 449.50 | 463.10 | 457.32 | 9,54,762 | 23.7% |
| 12 Oct 2026 | 449.40 | 472.00 | 449.40 | 458.85 | 464.09 | 17,35,980 | 15.4% |
| 9 Oct 2026 | 456.00 | 461.00 | 445.70 | 447.20 | 450.06 | 11,61,684 | 25.9% |
About Tejas Networks
Tejas Networks designs and sells telecom networking equipment. Its customers are telecommunications operators, service providers, utilities and government organisations across more than 75 countries. It has shipped more than 500,000 products to over 75 countries. The registered office is in Bengaluru.
The product range covers wireless equipment for 4G and 5G networks, fibre access, optical transport, and switching and routing. The company outsources manufacturing to electronic contract manufacturers in India and abroad. As of March 2025, it had 2,370 employees, and more than 65% of them worked in research and development. It opened a new Bengaluru facility for production, office space and warehousing. It has supplied equipment for more than 100,000 sites to BSNL.
The company was incorporated in Bengaluru in 2000 as a design-led telecom equipment company. Its equity shares were listed on BSE and NSE in 2017 after an initial public offer. It acquired Saankhya Labs for expertise in 5G, broadcast and satellite IoT, and in 2024 Saankhya Labs, a majority-owned subsidiary, was merged into it under a scheme sanctioned by the National Company Law Tribunal.
Tejas Networks is part of the Tata Group. Panatone Finvest Limited is its promoter. A promoter is the person or group that set up a company or controls it. Tata Sons Private Limited and Akashastha Technologies Private Limited are members of the promoter group.
Written from the annual report for the year to Mar 2025. A newer annual report was filed on 1 Jun 2026.
- Legal name
- Tejas Networks Limited
- NSE symbol
- TEJASNET
- BSE code
- 540595
- ISIN
- INE010J01012
- Industry
- Telecom - Equipment & Accessories
- Listed
- Jun 2017
- Face value
- ₹10
- CIN
- L72900KA2000PLC026980
- Corporate identity number, the registrar of companies' code for it