Tejas Networks is a leading Indian company specializing in designing, developing, and selling optical, broadband, and data networking products. With a global reach, they cater to a wide range of clients, including telecom service providers, internet service providers, utilities, security firms, and government entities in 75 countries. Established in 2000 and headquartered in Bangalore, Karnataka, Tejas Networks has carved a niche in the telecommunications equipment industry and boasts an impressive portfolio of intellectual properties in various telecom networking domains.
Notably, the company has become a prominent exporter to developing countries in Southeast Asia and Africa. With its strong presence in the telecommunications equipment industry and a track record of expanding revenues and assets, Tejas Networks presents an enticing investment opportunity for those seeking to capitalize on the potential growth of the global networking market.
Recent News about Tejas Network
HOW TO PURCHASE TEJAS NETWORKS SHARE?
Below are the trading platforms that you can use to purchase Tejas Networks shares:
- Zerodha
- Upstox
- Groww
- AngelOne
- ICICIDirect
- Paytm Money (Recommended)
TEJAS NETWORKS SHARE PRICE TARGET: 2024 – 2030
TEJAS NETWORKS SHARE PRICE TARGET 2024
TEJAS NETWORKS SHARE PRICE PREDICTION 2025
TEJAS NETWORKS SHARE PRICE TARGET 2026
TEJAS NETWORKS SHARE PRICE TARGET 2027
When | Maximum Price | Minimum Price |
January 2027 | 1,981.50 | 1,524.23 |
February 2027 | 2,032.31 | 1,563.31 |
March 2027 | 2,111.57 | 1,624.28 |
April 2027 | 2,070.16 | 1,592.43 |
May 2027 | 2,009.87 | 1,546.05 |
June 2027 | 2,100.31 | 1,615.62 |
July 2027 | 2,059.13 | 1,583.94 |
August 2027 | 2,122.81 | 1,632.93 |
September 2027 | 2,197.11 | 1,690.09 |
October 2027 | 2,254.24 | 1,734.03 |
November 2027 | 2,310.59 | 1,777.38 |
December 2027 | 2,368.36 | 1,821.81 |
TEJAS NETWORKS SHARE PRICE TARGET 2028
When | Maximum Price | Minimum Price |
January 2028 | 2,415.72 | 1,858.25 |
February 2028 | 2,477.67 | 1,905.90 |
March 2028 | 2,574.29 | 1,980.23 |
April 2028 | 2,523.82 | 1,941.40 |
May 2028 | 2,450.31 | 1,884.85 |
June 2028 | 2,560.57 | 1,969.67 |
July 2028 | 2,510.37 | 1,931.05 |
August 2028 | 2,588.01 | 1,990.77 |
September 2028 | 2,678.59 | 2,060.45 |
October 2028 | 2,748.23 | 2,114.02 |
November 2028 | 2,816.93 | 2,166.87 |
December 2028 | 2,887.36 | 2,221.04 |
TEJAS NETWORKS SHARE PRICE TARGET 2029
When | Maximum Price | Minimum Price |
January 2029 | 2,945.10 | 2,265.47 |
February 2029 | 3,020.62 | 2,323.55 |
March 2029 | 3,138.42 | 2,414.17 |
April 2029 | 3,076.89 | 2,366.84 |
May 2029 | 2,987.27 | 2,297.90 |
June 2029 | 3,121.70 | 2,401.30 |
July 2029 | 3,060.49 | 2,354.22 |
August 2029 | 3,155.14 | 2,427.03 |
September 2029 | 3,265.57 | 2,511.98 |
October 2029 | 3,350.48 | 2,577.29 |
November 2029 | 3,434.24 | 2,641.72 |
December 2029 | 3,520.09 | 2,707.76 |
TEJAS NETWORKS SHARE PRICE PREDICTION 2030
When | Maximum Price | Minimum Price |
January 2030 | 3,590.49 | 2,761.92 |
February 2030 | 3,682.56 | 2,832.74 |
March 2030 | 3,826.18 | 2,943.21 |
April 2030 | 3,751.16 | 2,885.50 |
May 2030 | 3,641.90 | 2,801.46 |
June 2030 | 3,805.78 | 2,927.53 |
July 2030 | 3,731.16 | 2,870.12 |
August 2030 | 3,846.56 | 2,958.89 |
September 2030 | 3,981.19 | 3,062.45 |
October 2030 | 4,084.70 | 3,142.08 |
November 2030 | 4,186.82 | 3,220.63 |
December 2030 | 4,291.49 | 3,301.14 |
TEJAS NETWORKS FINANCIAL CONDITION: LAST 5 YEARS
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
Sales + | 391 | 527 | 551 | 920 | 2,471 |
Expenses + | 478 | 473 | 631 | 906 | 2,205 |
Operating Profit | -87 | 53 | -80 | 14 | 266 |
OPM % | -22% | 10% | -15% | 2% | 11% |
Other Income + | 34 | 25 | 43 | 81 | 65 |
Interest | 8 | 4 | 3 | 15 | 48 |
Depreciation | 77 | 52 | 77 | 122 | 182 |
Profit before tax | -139 | 23 | -117 | -43 | 100 |
Tax % | -71% | -67% | 46% | 15% | 37% |
Net Profit + | -237 | 38 | -63 | -36 | 63 |
EPS in Rs | -25.71 | 4.03 | -5.47 | -2.16 | 3.69 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
- Sales Growth: Tejas Networks has experienced substantial sales growth over the past five years, with revenues soaring from ₹391 crores in March 2020 to ₹2,471 crores in March 2024, indicating a strong expansion in its revenue-generating capabilities.
- Cost Management: Despite the rise in sales, the company has managed its expenses efficiently, ensuring they did not escalate at the same pace, showcasing Tejas Networks’ adeptness in controlling costs while scaling its operations.
- Operating Profit: Tejas Networks has demonstrated resilience in its operating profit, transitioning from a loss of ₹87 crores in March 2020 to a significant profit of ₹266 crores in March 2024, indicating its commitment to operational excellence and profitability.
- Other Income Contribution: Other income has played a crucial role in bolstering the company’s financial health, ranging from ₹34 crores to ₹81 crores over the five-year period, further enhancing its overall performance.
- Financial Management: Despite gradual increases in interest expenses and depreciation costs, Tejas Networks has exhibited prudent financial management, investing in infrastructure and operational enhancements to support its growth trajectory.
- Profitability: The company’s journey from losses in previous years to reporting a net profit of ₹63 crores in March 2024 underscores its resilience and adaptability, reflecting its ability to navigate challenges and drive profitability.
- Taxation Dynamics: While tax percentages have fluctuated, reflecting changes in taxable income and regulatory dynamics, Tejas Networks’ decision to retain earnings for reinvestment rather than distributing dividends underscores its commitment to maximizing shareholder value.
- Overall Financial Performance: Tejas Networks has showcased robust financial performance, marked by steady revenue growth, improved profitability, and prudent cost management practices, positioning itself for sustained success in the telecommunications industry.
FAQS
WHAT IS THE CURRENT SHARE PRICE OF TEJAS NETWORKS?
As of April 24, 2024, the market value of Tejas Networks’ share stands at ₹1,088.
After careful evaluation of current market trends and in-depth market analysis, the projected share price range for Tejas Networks in 2025 is expected to span from a minimum of ₹1,033.35 to a maximum of ₹1,577.99.
Based on our price prediction, Tejas Networks’ share price is unlikely to reach 5000 INR by the end of 2025.
IS TEJAS NETWORKS A GOOD STOCK TO BUY?
Many investors view Tejas Networks as an attractive investment due to its robust financial performance, market positioning, and growth prospects. Nonetheless, conducting personal research and seeking guidance from a financial advisor are crucial steps before making any investment choices.
The future share price of Tejas Networks can be influenced by various factors such as economic conditions, interest rates, competition, regulatory changes, and the company’s performance. Investors should closely monitor these factors and adapt their investment strategies accordingly.
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CONCLUSION
In a more elaborate conclusion, Tejas Networks’ Q4 results and financial performance stand as a testament to its unwavering dedication to excellence and market leadership. The attainment of profitability in Q4, marked by a commendable net profit of ₹147 crore and an exceptional 343% year-on-year surge in revenue to ₹1,171 crore, underscores the company’s adeptness in navigating dynamic market conditions and meeting evolving customer needs. Moreover, Tejas Networks’ strategic collaborations and global outreach initiatives, coupled with its substantial order book of ₹8,221 crore by FY24-end, depict a narrative of resilience, growth, and market prominence. With an unwavering commitment to innovation and a steadfast focus on delivering value to stakeholders, Tejas Networks is well-positioned to not only sustain its momentum but also emerge as a beacon of success in the ever-evolving telecommunications landscape, fostering enduring shareholder confidence and prosperity.
With a substantial Market Cap of ₹18,577 Crores, Tejas Networks maintains a significant presence in the telecommunications equipment industry. A thorough assessment of the company’s capacity for innovation and market expansion is crucial for potential investors. Tejas Networks’ ability to adapt to industry dynamics, capitalize on emerging opportunities, and drive technological advancements will be pivotal in determining its future success. As with any investment, a careful and informed decision is essential when considering Tejas Networks’ potential in the ever-evolving telecommunications sector.
What did we learn?
- 1 Recent News about Tejas Network
- 2 Tejas Networks shares zoom over 15% on Q4 profit surge, hit new all-time high
- 3 HOW TO PURCHASE TEJAS NETWORKS SHARE?
- 4 TEJAS NETWORKS SHARE PRICE TARGET: 2024 – 2030
- 4.1 TEJAS NETWORKS SHARE PRICE TARGET 2024
- 4.2 TEJAS NETWORKS SHARE PRICE PREDICTION 2025
- 4.3 TEJAS NETWORKS SHARE PRICE TARGET 2026
- 4.4 TEJAS NETWORKS SHARE PRICE TARGET 2027
- 4.5 TEJAS NETWORKS SHARE PRICE TARGET 2028
- 4.6 TEJAS NETWORKS SHARE PRICE TARGET 2029
- 4.7 TEJAS NETWORKS SHARE PRICE PREDICTION 2030
- 5 TEJAS NETWORKS FINANCIAL CONDITION: LAST 5 YEARS
- 6 FAQS
- 7 CONCLUSION