Shares of Tejas Networks Ltd, a Tata Group company, fell 8.93% on Monday to ₹379.50, hitting a 52-week low after the company reported a Q3 FY26 net loss of ₹196.55 crore. The stock is now down 74% from its all-time high of ₹1,459.80.
Despite the quarterly loss, the company reported quarter-on-quarter revenue growth, a healthy order book, and multiple operational wins in India and overseas.
Key Financial Highlights (Q3 FY26)
| Particulars | Details |
|---|---|
| Net Revenue | ₹307 crore |
| QoQ Revenue Growth | 17% |
| Net Profit / (Loss) | (₹196.55 crore) |
| Order Book (Dec 31, 2025) | ₹1,329 crore |
| Gross Debt | ₹3,885 crore |
| Cash & Cash Equivalents | ₹537 crore |
| Net Debt | ₹3,349 crore |
| Market Capitalisation | ~₹6,500 crore |
| Share Price (Latest) | ₹379.50 |
| 52-Week / All-Time High | ₹1,459.80 |
Operational Highlights
| Area | Key Updates |
|---|---|
| BharatNet Phase-III | Won 7 out of 12 packages for IP/MPLS routers |
| 5G Projects | Selected as 5G RAN supplier for Kavach pilot (Delhi–Mumbai railway corridor) |
| Telecom Orders | Expansion orders for DWDM and GPON from major Indian private telcos |
| International Business | Secured DWDM backbone order in Africa and network transformation project in Southeast Asia |
| Global Presence | Operations across 75+ countries |
Management Commentary
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COO Arnob Roy stated that Q3 revenue was driven mainly by wireline product sales to Indian and global customers.
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Multiple wireless product field trials are ongoing, with commercial negotiations expected soon.
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CFO Sumit Dhingra highlighted improvement in net debt due to lower working capital requirements.
About Tejas Networks
Tejas Networks Ltd designs and manufactures high-performance wireline and wireless networking products for telecom operators, ISPs, utilities, defence, and government entities. The company is part of the Tata Group, with Panatone Finvest Ltd (Tata Sons subsidiary) as the majority shareholder.
Disclaimer: This content is for informational purposes only and should not be considered investment advice.