TEJAS NETWORKS LTD chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 52.43
Dividend & YieldN/A₹ (N/A)
Beta 0.98
Market capitalization 65.73B
Operating cash flow -173.3M
ESG Scores unknown

Company description

Tejas Networks Limited designs, develops, manufactures, and sells optical and data networking products to telecommunications and internet service providers, web-scale internet companies, utility and defense companies, and government entities in India and internationally. It offers TJ1400 OLT, a GPON/NG-PON based fiber access for FTTH and FTTB services with various end-user ONT devices; and TJ2100N ONT, a series of advanced GPON/XGS-PON ONT elements designed for optical access networks deployed FTTH and FTTB formats. The company also provides TJ1400, an ultra-converged broadband designed for cost-optimized delivery of mobile backhaul, broadband access, enterprise, and network modernization; TJ1600, an optical transport platform that enables support of applications and services, including mobile backhaul networks, business continuity, and broadband and access infrastructure; and TJ1270 MSPP, a multi-service provisioning platform. In addition, it offers TJ1600 products for high-capacity metro and long-distance networks based on cutting-edge DWDM and OTN technology; and TJ1400 products designed for edge and access applications in the network. Further, the company provides enterprise Ethernet switches, such as TJ1400P-M1 portfolio of Layer2+ switches for enterprise, campus, and industrial networks; TJ1400P M3 and TJ1400P M2 switching products optimized for LAN and metro applications; and TJ1400P-M4 series of switches designed for data center and cloud deployments. Additionally, it provides TJ1400-7, an ultra-converged broadband access platform, which supports optical transport with multi-service access and LTE; TJ1602W, a 4G/LTE Macro eNodeB solution on the TJ1600-2 platform; TJ6003W, a 4G/LTE packet core EPC solution; and TJ5500, a network management system. The company was formerly known as Tejas Networks India Limited and changed its name to Tejas Networks Limited in March 2008. Tejas Networks Limited was incorporated in 2000 and is based in Bengaluru, India.

Sector: Technology - Industry: Communication Equipment

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 570.9M -888.8M 177M 187.9M
Total Cashflows From Investing Activities -1.04B 712.8M -1.67B -8.28B
Net Borrowings -10.8M -67.7M -57.3M -62.4M
Total Cash From Financing Activities -113.1M -223.1M -34.4M 8.39B
Change To Operating Activities 89.4M -499.2M 13.8M -629M
Issuance Of Stock 67.7M 28.2M 57M 5.11B
Net Income 1.47B -2.37B 375.4M -627.1M
Change In Cash -1.97B 495.8M -130.5M -58.7M
Effect Of Exchange Rate -2.2M -2.2M -2.2M -2.2M
Total Cash From Operating Activities -815.9M 6.1M 1.58B -173.3M
Depreciation 186M 187.6M 198.8M 767.8M
Change To Account Receivables -3.59B 1.96B 216.9M 358.3M
Other Cashflows From Financing Activities -170M -91.7M -34.1M 3.34B
Change To Netincome -107.7M 1.41B -111.2M 412.5M
Capital Expenditures -88.2M -206.3M -141.6M -307.4M

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 1.5B -1.39B 225.2M -1.17B
Net Income 1.47B -2.37B 375.4M -627.1M
Selling General Administrative 1.32B 1.15B 1.19B 1.34B
Gross Profit 4.37B 1.9B 2.57B 2.4B
Ebit 1.3B -889.9M 40.8M -1.57B
Operating Income 1.3B -889.9M 40.8M -1.57B
Interest Expense -41.7M -33.3M -25.7M -31.9M
Income Tax Expense 27.8M 985.5M -150.2M -544.2M
Total Revenue 9B 3.96B 5.28B 5.51B
Cost Of Revenue 4.64B 2.06B 2.71B 3.11B
Total Other Income ExpenseNet 196.6M -495.8M 184.4M 401.1M
Net Income From Continuing Ops 1.47B -2.37B 375.4M -627.1M
Net Income Applicable To Common Shares 1.47B -2.37B 375.4M -627.1M

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 2.65B 1.6B 1.78B 1.8B
Total Stockholder Equity 13.2B 10.81B 11.34B 19.3B
Other Current Liabilities 160.2M 74.1M 53.7M 480.5M
Total Assets 15.85B 12.41B 13.12B 21.1B
Common Stock 917.2M 922.1M 932.4M 1.18B
Other Current Assets 252.7M 491M 668.3M 858.1M
Retained Earnings 2.66B 125.3M 522.8M
Treasury Stock 308.6M 384M 374.1M 18.12B
Cash 169M 664.8M 534.3M 3.47B
Total Current Liabilities 2.63B 1.38B 1.6B 1.67B
Other Stockholder Equity 308.6M 384M 374.1M 18.12B
Property, Plant, and Equipment 306.8M 518.4M 455.8M 546.5M
Total Current Assets 12.22B 9.52B 9.7B 17.5B
Net Tangible Assets 12.76B 10.53B 11.09B 18.07B
Net Receivables 6.44B 3.83B 3.43B 2.85B
Accounts Payable 1.64B 747.7M 922.2M 1.12B


Insider Transactions

Here are the insider transactions of stock shares related to TEJAS NETWORKS LTD:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Panatone Finvest LtdPurchase at price 3.40 per share.D2022-04-08Promoter56.2M
Juneja (Pushkal)Other at price 0.98 per share.D2022-03-23UNREPORTED14.55k
Kutty (Govindan)Other at price 0.75 per share.D2022-03-23UNREPORTED79.55k
Kumar (Sukhvinder)Other at price 0.93 per share.D2022-02-24UNREPORTED151.35k
Kutty (Govindan)Other at price 1.01 per share.D2022-02-24UNREPORTED25k
Kulkarni (Milind M)Sale at price 6.41 per share.D2022-02-04UNREPORTED3.48k
Khullar (Rajneesh)Other at price 1.47 per share.D2021-12-23UNREPORTED2.7k
Kumar (Muthu Deep)Other at price 0.93 per share.D2021-12-23Institution- Corporation24.2k
Kutty (Govindan)Other at price 0.87 per share.D2021-12-23UNREPORTED23.03k
Gupta (Bhupesh)Sale at price 5.90 per share.D2021-12-14UNREPORTED3.06k
Kumar (Sarath)Sale at price 5.92 per share.D2021-12-14UNREPORTED18.95k
Khullar (Rajneesh)Other at price 1.47 per share.D2021-11-24UNREPORTED27.7k
Dubey (Mohan Shyam)Other at price 0.81 per share.D2021-09-24UNREPORTED7.6k
Handoo (Sunil)Other at price 0.45 per share.D2021-09-24UNREPORTED15.29k
Kudva (Ganesh N)Other at price 1.03 per share.D2021-09-24UNREPORTED19.87k
Kulkarni (Milind M)Other at price 0.70 per share.D2021-09-24UNREPORTED14.5k
Prabhu (Mahesh Keshav)Other at price 0.14 per share.D2021-09-24UNREPORTED829
radhakrishnan (sunil)Other at price 0.17 per share.D2021-09-24UNREPORTED8.01k
Raghupathi (P)Other at price 0.85 per share.D2021-09-24UNREPORTED5.94k
Ravikrishnan (N. R.)Other at price 0.14 per share.D2021-09-24UNREPORTED1.01k
Ravishankar (K)Other at price 0.46 per share.D2021-09-24UNREPORTED23.34k
Roy (Arnob)Other at price 0.88 per share.D2021-09-24UNREPORTED340k
Santosh (Pratapwar)Other at price 1.13 per share.D2021-09-24UNREPORTED16.3k
Singh (Rupinder)Other at price 0.83 per share.D2021-09-24UNREPORTED9.88k
Singla (Amit Kumar)Other at price 0.14 per share.D2021-09-24UNREPORTED1k
Vaidhya (Chetan)Other at price 0.14 per share.D2021-09-24UNREPORTED171
Vijayakumar (V A)Other at price 0.53 per share.D2021-09-24UNREPORTED12.97k
Upadhaya (Manish)Sale at price 6.04 per share.D2021-09-14UNREPORTED2.26k
Vijayakumar (V A)Sale at price 5.38 per share.D2021-09-14UNREPORTED7.04k
Ananthan (K C R)Sale at price 5.77 per share.D2021-09-14UNREPORTED4.35k
Handoo (Sunil)Sale at price 5.72 per share.D2021-09-14UNREPORTED5k
Prabhu (Harish M P)Sale at price 5.73 per share.D2021-09-14UNREPORTED3k
Kesavan (Santosh)Sale at price 6.34 per share.D2021-09-13UNREPORTED1k
Khandelwal (Manish)Sale at price 6.23 per share.D2021-09-13UNREPORTED1.55k
Raghupathi (P)Sale at price 5.98 per share.D2021-09-13UNREPORTED200
Singla (Amit Kumar)Sale at price 6.11 per share.D2021-09-09UNREPORTED2.55k
Gupta (Mukesh)Sale at price 5.97 per share.D2021-09-09UNREPORTED6.69k
Kulkarni (Milind M)Sale at price 5.94 per share.D2021-09-09UNREPORTED8k
Ravishankar (K)Sale at price 5.91 per share.D2021-09-08UNREPORTED6.5k
Ravishankar (K)Sale at price 5.39 per share.D2021-09-07UNREPORTED4.5k
Dubey (Mohan Shyam)Sale at price 5.50 per share.D2021-09-07UNREPORTED6k
Kulkarni (Milind M)Sale at price 5.36 per share.D2021-09-07UNREPORTED4.5k
Abraham (Rene)Sale at price 5.31 per share.D2021-09-06UNREPORTED10k
Khullar (Rajneesh)Sale at price 5.05 per share.D2021-09-06UNREPORTED525
radhakrishnan (sunil)Sale at price 5.28 per share.D2021-09-06UNREPORTED3.21k
Abraham (Rene)Sale at price 5.18 per share.D2021-09-02UNREPORTED10k
Gupta (Bhupesh)Sale at price 5.10 per share.D2021-09-02UNREPORTED4.1k
Ravishankar (K)Sale at price 5.13 per share.D2021-09-01UNREPORTED1.01k
Singla (Amit Kumar)Sale at price 4.93 per share.D2021-09-01UNREPORTED4.56k
Kulkarni (Milind M)Sale at price 4.84 per share.D2021-08-27UNREPORTED1k
Kulkarni (Milind M)Sale at price 5.14 per share.D2021-08-26UNREPORTED5.5k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to TEJAS NETWORKS LTD. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on TEJAS NETWORKS LTD

Here is the result of two systematic investment strategies applied to TEJAS NETWORKS LTD. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on TEJAS NETWORKS LTD

The following chart shows the equity curve of the two systematic investment strategies applied to TEJAS NETWORKS LTD:

TEJAS NETWORKS LTD automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 269.17% on the backtest period.

Performance at glance

Performance

269.17 %

Latent gain

7689.0 ₹

Invested capital

2856.6 ₹

Annualized return

63.78 %
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Momentum strategy results on TEJAS NETWORKS LTD

This is the result of two momentum investment strategies applied to TEJAS NETWORKS LTD. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on TEJAS NETWORKS LTD

The following chart shows all the entries opened by the momentum investment system on TEJAS NETWORKS LTD:

TEJAS NETWORKS LTD momentum entries
  • The first momentum investment strategy would give 237.88% of return on TEJAS NETWORKS LTD. That represents 13302.2₹ of latent gain with 5592.0₹ of employed capital.
  • The second momentum investment strategy would give 177.49% of return on TEJAS NETWORKS LTD. That represents 5340.0₹ of latent gain with 3008.6₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

237.88 %

Latent gain

13302.2 ₹

Invested capital

5592.0 ₹

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

177.49 %

Latent gain

5340.0 ₹

Invested capital

3008.6 ₹

Annualized return

47.46 %

Momentum equity curve on TEJAS NETWORKS LTD

The following chart shows the equity curve of the two momentum strategies applied to TEJAS NETWORKS LTD:

TEJAS NETWORKS LTD momentum equity

Note: the dividends potentially given by TEJAS NETWORKS LTD are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on TEJAS NETWORKS LTD

The following chart shows the employed capital evolution of the two momentum strategies on TEJAS NETWORKS LTD since the beginning:

TEJAS NETWORKS LTD

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on TEJAS NETWORKS LTD

Buy the dip entry openings on TEJAS NETWORKS LTD

TEJAS NETWORKS LTD

The performance achieved by the robo-advisor on TEJAS NETWORKS LTD is 0%. That represents 0.0$ of latent gain with 0.0₹ of employed capital. The following chart shows TEJAS NETWORKS LTD stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of TEJAS NETWORKS LTD, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

0.0 %

Equity curve of the strategy applied to TEJAS NETWORKS LTD

The following chart shows the result of the investment strategy applied to TEJAS NETWORKS LTD:

TEJAS NETWORKS LTD

Note: the dividends potentially given by TEJAS NETWORKS LTD are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on TEJAS NETWORKS LTD

The following chart shows the employed capital evolution since the beginning of the investment strategy on TEJAS NETWORKS LTD:

TEJAS NETWORKS LTD

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on TEJAS NETWORKS LTD

In this section, I will compare the three previous investment strategies applied to TEJAS NETWORKS LTD.

Equity curve comparison on TEJAS NETWORKS LTD

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

TEJAS NETWORKS LTD investment strategy comparison

Employed capital comparison on TEJAS NETWORKS LTD

TEJAS NETWORKS LTD investment comparison

Performance comparison on TEJAS NETWORKS LTD

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 269.17% 7689.0₹ 2856.6₹ 63.78%
Momentum 1 quarter 237.88% 13302.2₹ 5592.0₹ 59.77%
Momentum 2 quarters 177.49% 5340.0₹ 3008.6₹ 47.46%
Non-directional 0% 0.0₹ 0.0₹ 0.0%
Annualized return comparison

Automatic investment

63.78 %

Momentum 1Q

47.46 %

Momentum 2Q

47.46 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with TEJAS NETWORKS LTD:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between TEJAS NETWORKS LTD and the other stocks. There may be false positives or some missing correlated stocks. If the price of TEJAS NETWORKS LTD does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name TEJAS NETWORKS LTD
Country India
City Bengaluru
Address Plot No. 25, JP Software Park, Phase 1
Phone 91 80 4179 4600
Website www.tejasnetworks.com
FullTime employees
Industry Communication Equipment
Sector Technology
Exchange XNSE
Ticker TEJASNET.XNSE
Market

TEJAS NETWORKS LTD ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown