NewKerala.com

Tejas Networks Shares Plunge 6% After Rs 211 Crore Q4 Loss, Revenue Crashes 82%

Tejas Networks' shares fell nearly 6% after the company reported a widened quarterly net loss of Rs 211 crore for Q4 FY26. Revenue for the quarter collapsed by over 82% year-on-year to just Rs 333 crore. This marks the fifth consecutive quarterly loss for the company, bringing its total loss for FY26 to Rs 909 crore. Despite the weak financials, the company's order book showed growth, increasing by 49% to Rs 1,514 crore as of March.

Key Points: Tejas Networks Q4 Loss Rs 211 Cr, Revenue Down 82%, Shares Fall

  • Q4 net loss of Rs 211 crore
  • Revenue plunged 82.5% YoY to Rs 333 crore
  • Full-year FY26 loss totals Rs 909 crore
  • EBITDA negative at Rs 118 crore
  • Order book up 49% to Rs 1,514 crore
2 min read

Tejas Networks' shares tank 6 pc after Rs 211 crore Q4 loss, revenue down 82 pc

Tejas Networks shares tanked 6% after posting a Rs 211 crore Q4 loss and an 82% revenue decline. Full-year losses hit Rs 909 crore.

"The company reported its fifth straight quarterly loss in Q4 FY26, with revenue also declining sharply year-on-year."

Mumbai, April 16

Tata Group-backed Tejas Networks' shares plunged nearly 6 per cent in early trade on Thursday after the company's January-March quarter earnings disappointed traders and investors.

The BSE 500 stock declined as much as 5.86 per cent to Rs 423.50, hitting an intraday low, compared with its previous close of Rs 449.90. The fall came after the company reported its fifth straight quarterly loss in Q4 FY26, with revenue also declining sharply year-on-year.

Tejas Networks, which designs, develops and sells telecom and networking equipment for high-speed communication networks, posted a net loss of Rs 211 crore in Q4 FY26, compared with a loss of Rs 72 crore in the same quarter last year.

The company had earlier posted losses of Rs 194 crore in Q1 FY26, Rs 307 crore in Q2 FY26, and Rs 197 crore in Q3 FY26, taking total FY26 losses to Rs 909 crore. However, the company had reported a profit of Rs 447 crore in FY25.

In terms of revenue, it witnessed a decline of 82.53 per cent year-on-year to Rs 333 crore in Q4 from Rs 1,907 crore in the year-ago period.

For the full year, revenue fell 88 per cent to Rs 1,103 crore from Rs 8,923 crore in FY25.

On the operating front, EBITDA turned negative at Rs 118 crore compared with a profit of Rs 121.5 crore a year earlier, while margins also slipped into negative territory at (-) 35 per cent versus 6 per cent in Q4 FY25.

The company's order book stood at Rs 1,514 crore as of March, up 49 per cent year-on-year. Net debt stood at Rs 3,531 crore, while gross debt was Rs 4,035 crore.

In past trends, the stock is down over 4 per cent so far in 2026. It has gained 11 per cent month-to-date, after a 25 per cent fall in January, a 29 per cent rise in February, and an 11.7 per cent decline in March.

- IANS

Share this article:

Reader Comments

P
Priya S
The revenue drop of 82% YoY is the real worry. What happened to all the projects? Telecom is a competitive sector, but such a steep decline for a Tata-backed firm raises serious questions about their market position and strategy. 😟
R
Rohit P
Bought this stock last year thinking it's a good bet on India's digital infrastructure push. Looks like I was wrong. The volatility month-to-month is insane. Down 25% in Jan, up 29% in Feb, down again in March. Not for the faint-hearted!
S
Sarah B
As an investor from abroad looking at Indian tech, this is concerning. The net debt of over Rs 3,500 crore with such low revenue is a major red flag. The order book needs to convert to sales quickly to service that debt.
K
Karthik V
Maybe this is a temporary phase due to project cycles? The order book is up 49% YoY to Rs 1,514 crore. If they can execute these orders efficiently, the next few quarters could look better. But the management really needs to communicate their plan clearly to shareholders.
M
Meera T
From a profit of Rs 447 crore in FY25 to a loss of Rs 909 crore in FY26... what a dramatic reversal! This shows how vulnerable our hardware/network companies are to execution delays and competition. Hope they bounce back, we need strong Indian players in telecom gear.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50