Tejas Networks Limited: History, Latest Updates, Milestones, Subsidiaries & Share Price
Introduction
Mr. Sanjay Nayak , Mr. Kumar Sivarajan and Arnob Roy. Mr. Gururaj Deshpande funded their company during initial stages of establishment. Its business areas are telecommunications and networking. Tejas Networks Limited are expertized in design, development and manufacture of network products. Their cire customer base includes India, Southeast Asia , Africa and Middle East which extends up to 75 countries. Tejas Networks possess over 350 patented telecommunication technologies through their strong R&D department. Their core products include optical networking , packet transport network, broadband access ,software defined networking, 5G and Next generation technologies. Now, Tejas Networks Limited’s majority shares are held by Panatone Finvest Limited , a subsidiary of Tata Sons Private Limited.
Tejas Networks Limited Moves In 2024
September 2024
Tejas Network's wireless CoE and MIMO radio was inaugurated by Mr. Jyotiraditya Scindiam.
Tejas Networks subsidiary, Saankhya Labs , Free Stream Technologies and Sinclair , Inc from United States jointly are jointly launching Mobile Devices with D2M broadcast features for consumer trials.
Tejas Networks Share Price for the month of September, 2024 was Rs.1196.83
July 2024
As per the Q1 financial result of Tejas Networks for FY2025, has reported a strong revenue growth and net profit of Rs.1563 crores and Rs.77 crores, in which revenue growth on YoY basis is 731%.
Tejas Networks Share Price for the month of July, 2024 was Rs.1240.44
April 2024
As per the Q4 financial result of Tejas Networks for FY2024 has reported a strong revenue growth and net profit of Rs.1327 crores and Rs.14crores, in which revenue growth on YoY basis is 343%. Hence , the annual revenue and net profit for FY2024. was Rs. 2471 crore (YOY 168%) and Rs.63 crores.
Tejas Networks Share Price for the month of April, 2024 was Rs. 1142.8
March 2024
Tejas Networks signed a MoU with Telecom Egypt , ITIDA and NTI to implement Rural Broadband project and National Knowledge Network in Egypt.
Tejas Networks Share Price for the month of March, 2024 was Rs.656.4
February 2024
Tejas Networks Limited received an incentive of Rs.27.78 crores for FY2023, under PLI Scheme .
Tejas Networks Share Price for the month of February, 2024 was Rs.746.7
January 2024
As per the Q3 financial result of Tejas Networks for FY2024 has reported a strong revenue growth and net loss of Rs.560 crores and Rs.44.9 crores, in which revenue growth on YoY basis is 104%.
Tejas Networks Share Price for the month of January, 2024 was Rs.785.45
Evolution Of Tejas Networks Limited: From Past to Present
|
Year |
Evolution |
|
24th April , 2000 |
Tejas Networks India Private Limited |
|
2001 |
Tejas Networks received order from Tata Power Company Limited |
|
23rd October, 2002 |
Became public and renamed as Tejas Networks India Limited |
|
2004 |
Tejas Networks received order from RailTel Corporation of India Limited |
|
2007 |
Certified with TJ100MC . Tejas Networks Received order from Power Grid Corporation of India Limited |
|
2008 |
Certified with ISO 9001:2008 and TL9000-H |
|
2008 |
Renamed as Tejas Networks Limited. |
|
2009 |
Tejas Networks Received order from BSNL |
|
2010 |
OEM contract signed with Ciena Corporation |
|
2011 |
Tejas Networks Received order from Bharti Airtel Limited |
|
2012 |
OEM contract signed with NEC |
|
2013 |
Tejas Networks stood out as top 5 IT companies to apply for patents. Tejas Networks received order from Summit Communications Limited, Bangladesh. |
|
2014 |
Tejas Networks received order from West Indian Ocean Cable Company, Africa and SACOFA SDN BHD, Malaysia |
|
2015 |
Tejas Networks received order from Bangladesh Telecommunications Company Limited. |
|
2016 |
Tejas Networks received order from Idea Cellular Limited and SACOFA SDN BHD. Ministry of Commerce and Industry gave recognition to Tejas Networks as ‘Two Star Export House ‘. Certified as TJ1400, TJ1400P and TJ1600. |
|
2017 |
Tejas Networks received order from GPON equipment for NOFN project. Tejas Networks made IPO in Indian Stock Market. Tejas Networks share price was Rs. 257 which matched the Tejas Networks share price quoted on IPO of same Rs.257 in BSE. Ended up its business subsidiaries namely vSave Energy Private Limited and Tejas Israel Limited. Opened a new subsidiary at Mexico. |
|
2018 |
Tejas Networks collaborated with BharatNet Phase-1 project. Tejas Networks received BSNL BharatNet order for Rs. 336 crores. Tejas Networks received order from ICOSNET, Algeria. |
|
2019 |
Tejas Networks introduced J1400 UCB. Tejas Networks became the world's first ultra-converged broadband access product at the Mobile World Congress. |
|
2020 |
Tejas Networks introduced TJ1600S/I at India Mobile Congress. |
|
2023 |
Tejas Networks acquired majority stakes of Saankhya Labs Private Limited . |
Tejas Networks Limited Company Information
|
Company Information |
|
|
Trade Name |
Tejas Networks Limited |
|
Founded year |
2000 |
|
Founder |
Mr. Sanjay Nayak |
|
Headquarters |
Bengaluru, Karnataka |
|
Industry |
Telecommunications Equipment |
|
Managing Director & CEO |
Mr. Anand Athreya |
|
Revenue |
Rs. 2,535.58 crore |
|
Net Income |
Rs. 58.80 crore |
|
NSE code |
NSE: TEJASNET |
|
BSE code |
BSE: 540595 |
Inside Tejas Networks Limited
Main News
As per the Q1 financial result of Tejas Networks for FY2025, has reported a strong revenue growth and net profit of Rs.1563 crores and Rs.77 crores, in which revenue growth on YoY basis is 731%.
Corporate Action
Tejas Networks signed a MoU with Telecom Egypt , ITIDA and NTI to implement Rural Broadband project and National Knowledge Network in Egypt.
Tejas Networks Share Price
|
Company Name |
Sector |
Share Price Link |
|
Tejas Networks Limited |
Telecommunication |
Milestones of Tejas Networks Limited
|
Year |
Milestones |
|
2000 |
Founded Tejas Networks by Mr. Sanjay Nayak , Mr. Kumar Sivarajan and Mr. Arnob Roy with funding from Mr. Gururaj Deshpande. |
|
2003 |
Secured its first 10 customer base and expanded. |
|
2017 |
Went for IPO with Tejas Networks share price valuation worth Rs.2301 crores in BSE and NSE. Became the pioneer optical networking equipment company to be listed on stock exchange. Key anchor investors in IPO are Abu Dhabi Investment Authority, East Bridge Capital, and Premji Invest. |
|
2020 |
Tejas Networks launched TJ1600S/I. |
|
2021 |
Major investment from Panatone Finvest, a Tata Sons and acquitted 43.35%. |
|
2022 |
Tata Sons increased its ownership stake to 52.45%. Tejas Networks acquired Saankhya Labs. |
|
2023 |
Tejas Networks received huge order from BSNL and collaborated with Fibre Connect, Italy. |
|
2024 |
Tejas Networks signed a MoU with Telecom Egypt. |
Tejas Networks Limited Awards & Achievements
In 2024, Tejas Networks has won Telecom Excellence Award ‘ Pandit Deendayal Upadhyaya ‘ from Indian Government.
Tejas Networks was awarded ‘Voice and Data Excellence’ for Carrier Router Portfolio.
Conclusion
Tejas Networks Limited has evolved from a telecom startup into a global leader in optical and data networking. Its recent milestones, including strategic investments by Tata Sons and the acquisition of Saankhya Labs, position it as a key player in India’s 4G/5G expansion. With major contracts like BSNL’s RAN project and partnerships extending into Africa and the Middle East, Tejas Networks continues to drive innovation. Looking ahead, the company’s robust technology portfolio and strategic vision suggest continued growth and global influence, with strong share performance expected as it scales up operations.
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Frequently Asked Questions
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