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NSE Close — 25 Sep 2026
₹503.85
Change
-7.45 (-1.46%)
Open
₹513.0
Prev. Close
₹511.3
Day High
₹513.0
Day Low
₹501.0
Volume Analysis
Traded
893,736
Delivered
271,530
Delivery %
30.38%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (0)
No signal for this stock
Weaknesses (5)
- •High debt-to-equity ratio (1.43)
- •Low return on equity (-26.8%)
- •Promoter holding is falling
- •Below-average fundamentals quality score (37/100)
- •Low operating margin (-50.0%)
Opportunities (0)
No signal for this stock
Threats (1)
- •FII holding has been falling
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹522.9 | ₹517.95 | ₹510.9 | ₹505.95 | ₹498.9 | ₹493.95 | ₹486.9 |
| Fibonacci | ₹517.95 | ₹513.37 | ₹510.53 | ₹505.95 | ₹501.37 | ₹498.53 | ₹493.95 |
| Camarilla | ₹507.15 | ₹506.05 | ₹504.95 | ₹505.95 | ₹502.75 | ₹501.65 | ₹500.55 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
+11.45%
1 Week
-2.52%
1 Month
-8.42%
3 Months
-17.74%
6 Months
+19.95%
1 Year
-14.43%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
DuPont ROE Breakdown
-27.11%
Net margin -70.38% × asset turnover 0.12x × equity multiplier 3.21x
Company Overview
Sector
Telecommunication
Market Cap
₹8,973 Cr
ROE
-26.8%
Book Value
₹165.0
Face Value
₹10.0
Source: Screener.in (Consolidated figures) — data as of 27 Sep 2026. Not investment advice.
TopFund Analysis
Tejas Networks Limited scores weakly on TopFund's composite fundamentals check within the Telecommunication sector, at 37/100. The strongest factor is Momentum (60/100), while Business Quality (14/100) is the weakest area to weigh before deciding. Notably: High debt-to-equity ratio (1.43); low return on equity (-26.8%). FII holding has been falling.
TopFund Score — Fundamentals Quality
37/100 — WeakData confidence: 75/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- −Stock is trading at 3.06 times its book value
- −Company has low interest coverage ratio.
- −Company has a low return on equity of -4.01% over last 3 years.
- −Company has high debtors of 1,077 days.
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
43,418 equity shares allotted on September 25, 2026 under RSU plans; paid-up capital increased.
Newspaper Publication for "Notice to Shareholders - Special Window for Transfer and Dematerialization of Physical Securities"
Trading window closed from September 16, 2026 until 48 hours after Q2 FY27 results.
32,268 equity shares allotted on September 11, 2026 under ESOP/RSU plans; paid-up capital increased.
Received TCS LOI on Aug 27, 2026 for BSNL 4G RAN equipment across 18,685 sites worth ₹1,537 crore.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 188 | 396 | 560 | 1,327 | 1,563 | 2,811 | 2,642 | 1,907 | 202 | 262 | 307 | 333 | 402 |
| Expenses + | 234 | 383 | 567 | 1,018 | 1,333 | 2,277 | 2,271 | 1,785 | 338 | 556 | 441 | 451 | 503 |
| Operating Profit | -46 | 13 | -8 | 309 | 230 | 535 | 372 | 122 | -136 | -294 | -134 | -118 | -100 |
| OPM % | -24.0% | 3.3% | -1.3% | 23.0% | 15.0% | 19.0% | 14.0% | 6.0% | -67.0% | -112.0% | -44.0% | -36.0% | -25.0% |
| Other Income + | 19 | 18 | 15 | 12 | 13 | 11 | 14 | 8 | 10 | 6 | 8 | 10 | 9 |
| Interest | 5 | 7 | 8 | 31 | 57 | 61 | 63 | 71 | 75 | 84 | 72 | 72 | 85 |
| Depreciation | 34 | 42 | 48 | 58 | 65 | 74 | 111 | 103 | 96 | 101 | 104 | 101 | 94 |
| Profit before tax | -66 | -18 | -49 | 233 | 122 | 411 | 211 | -45 | -297 | -473 | -303 | -281 | -271 |
| Tax % | -60.0% | -29.0% | -8.0% | 37.0% | 36.0% | 33.0% | 22.0% | 59.0% | -35.0% | -35.0% | -35.0% | -25.0% | -25.0% |
| Net Profit + | -26 | -13 | -45 | 147 | 77 | 275 | 166 | -72 | -194 | -307 | -197 | -211 | -202 |
| EPS in Rs | -2 | -1 | -3 | 9 | 5 | 16 | 9 | -4 | -11 | -17 | -11 | -12 | -11 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 387 | 627 | 875 | 750 | 900 | 391 | 527 | 551 | 920 | 2,471 | 8,923 | 1,103 | 1,303 |
| Expenses + | 319 | 514 | 711 | 597 | 704 | 478 | 473 | 631 | 906 | 2,205 | 7,665 | 1,785 | 1,950 |
| Operating Profit | 68 | 113 | 164 | 153 | 196 | -87 | 53 | -80 | 14 | 266 | 1,258 | -682 | -647 |
| OPM % | 18.0% | 18.0% | 19.0% | 20.0% | 22.0% | -22.0% | 10.0% | -15.0% | 1.5% | 11.0% | 14.0% | -62.0% | -50.0% |
| Other Income + | 10 | 4 | -22 | 28 | 37 | 34 | 25 | 43 | 81 | 65 | 45 | 33 | 33 |
| Interest | 47 | 49 | 32 | 13 | 17 | 8 | 4 | 3 | 15 | 48 | 252 | 303 | 313 |
| Depreciation | 49 | 38 | 56 | 61 | 66 | 77 | 52 | 77 | 122 | 182 | 353 | 403 | 401 |
| Profit before tax | -18 | 29 | 54 | 106 | 150 | -139 | 23 | -117 | -43 | 100 | 698 | -1,354 | -1,327 |
| Tax % | 0.0% | 0.0% | -73.0% | 0.0% | 2.0% | 71.0% | -67.0% | -46.0% | -15.0% | 37.0% | 36.0% | -33.0% | — |
| Net Profit + | -18 | 29 | 93 | 107 | 147 | -237 | 38 | -63 | -36 | 63 | 447 | -909 | -917 |
| EPS in Rs | -3 | 5 | 13 | 12 | 16 | -26 | 4 | -5 | -2 | 4 | 25 | -51 | -52 |
| Dividend Payout % | 0.0% | 0.0% | 0.0% | 0.0% | 6.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 10.0% | 0.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 206 | 294 | 519 | 1,058 | 1,225 | 985 | 1,038 | 1,812 | 2,801 | 2,976 | 3,667 | 2,750 |
| Borrowings + | 314 | 259 | 281 | 2 | 1 | 28 | 22 | 20 | 50 | 1,884 | 3,407 | 4,177 |
| Other Liabilities + | 146 | 219 | 160 | 175 | 264 | 132 | 156 | 160 | 579 | 3,169 | 3,209 | 2,295 |
| Total Liabilities | 728 | 838 | 1,034 | 1,330 | 1,585 | 1,241 | 1,312 | 2,110 | 3,602 | 8,203 | 10,462 | 9,403 |
| Fixed Assets + | 51 | 94 | 92 | 75 | 99 | 79 | 111 | 138 | 647 | 961 | 1,147 | 1,130 |
| CWIP | 88 | 52 | 19 | 47 | 41 | 27 | 24 | 40 | 154 | 235 | 404 | 950 |
| Investments | 0 | 0 | 0 | 77 | 87 | 51 | 37 | 402 | 262 | 334 | 482 | 365 |
| Other Assets + | 589 | 692 | 924 | 1,132 | 1,358 | 1,085 | 1,139 | 1,531 | 2,539 | 6,673 | 8,429 | 6,957 |
| Total Assets | 728 | 838 | 1,034 | 1,330 | 1,585 | 1,241 | 1,312 | 2,110 | 3,602 | 8,203 | 10,462 | 9,403 |
| Equity Capital | 62 | 67 | 74 | 94 | 95 | 95 | 97 | 118 | 172 | 174 | 180 | 181 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 76 | 127 | 150 | 239 | -82 | 1 | 158 | -17 | -380 | -2,036 | -491 | 135 |
| Cash from Investing Activity + | -29 | -50 | -140 | -213 | -104 | 71 | -167 | -828 | -581 | 430 | -655 | -761 |
| Cash from Financing Activity + | -40 | -41 | -28 | 157 | -11 | -22 | -3 | 839 | 999 | 1,713 | 1,286 | 397 |
| Net Cash Flow | 8 | 37 | -18 | 183 | -197 | 50 | -13 | -6 | 38 | 107 | 139 | -229 |
| CFO/OP | 115 | 115 | 95 | 178 | -29 | -13 | 304 | 58 | -2,788 | -757 | -31 | -23 |
| Free Cash Flow | 37 | 82 | 98 | 171 | -162 | -92 | 75 | -135 | -629 | -2,445 | -1,143 | -749 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Others | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.64% | 0.64% | 0.46% | 0.38% | 0.2% | 0.13% | 0.12% |
| Public | 28.93% | 28.58% | 28.31% | 29.39% | 30.24% | 32.65% | 33.59% | 34.94% | 34.92% | 35.64% | 36.86% | 36.68% |
| Promoters | 55.92% | 55.8% | 55.6% | 55.5% | 55.42% | 54.01% | 53.83% | 53.73% | 53.66% | 53.46% | 53.4% | 53.33% |
| Government | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.01% | 0.01% | 0.01% | 0.0% | 0.0% | 0.0% |
| FII | 11.11% | 11.26% | 11.33% | 10.2% | 9.58% | 8.04% | 7.08% | 6.14% | 6.24% | 5.95% | 5.29% | 5.82% |
| DII | 4.03% | 4.35% | 4.76% | 4.91% | 4.76% | 4.65% | 4.85% | 4.72% | 4.79% | 4.76% | 4.32% | 4.04% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Telecommunication — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Tejas Networks Limited (this stock) | 8,973 | — | 3.05 | -26.8% |
| Railtel Corp Of Ind Ltd | 8,349 | 44.5 | 4.84 | 12.0% |
| Optiemus Infracom Ltd | 6,840 | 94.1 | 8.66 | 9.15% |
| Tata Teleserv(maharastra) | 6,733 | — | -11.99 | — |
| Pace Digitek Limited | 3,591 | 12.0 | 1.63 | 17.6% |
| Route Mobile Limited | 2,917 | 8.24 | 1.05 | 12.6% |
| Stl Networks Limited | 2,666 | — | 3.33 | -11.3% |
Which Mutual Funds Hold Tejas Networks Limited?
Frequently Asked Questions about Tejas Networks Limited
Tejas Networks Limited (TEJASNET) closed at ₹503.85 on NSE on 25 September 2026, down 7.45 (1.46%) from the previous close.
Tejas Networks Limited trades on the NSE (National Stock Exchange of India) under the symbol TEJASNET.
Tejas Networks Limited has a dividend yield of 0.5%.
Tejas Networks Limited's 52-week high is ₹645.0 and its 52-week low is ₹294.0.
Tejas Networks Limited has a market capitalisation of ₹8,973 crore.
Tejas Networks Limited has a TopFund Quality Score of 37/100 (Weak), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
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