Tejas Networks (TEJASNET)
TurnaroundFairStock Score: 25/100 — RISKY
Score breakdown: P/E: 0/3 · ROCE: 1/2 · Growth: 0/2 · Dividend: 0/1
Key Financials
| Current Price | ₹538.5 |
| Market Cap | ₹9,571.43 Cr |
| P/E Ratio | 0 |
| ROCE | 15.47% |
| ROE | -20% |
| Dividend Yield | 0.42% |
| Profit Growth | -218.64% |
| Debt/Equity | 1.43 |
| Sales Growth | 99.1% |
| Free Cash Flow | ₹-1,146.7 Cr |
| Promoter Holding | 53.46% |
| 52-Week Range | ₹294 — ₹644.75 |
| Sector | Telecom - Equipment & Accessories |
| Book Value | ₹164.9 |
AI Analysis
AI-generated, general educational analysis — not personal investment advice.
Tejas Networks fails my first test: it doesn't earn money. For the latest quarter, sales were ₹307 Cr but net profit was minus ₹197 Cr. Full-year profit growth is -218.64%, with sales down 18.26%. A zero P/E means no earnings to base a valuation on; Graham would ignore any number that gives false precision. Free cash flow is -₹1,147 Cr, so the business is consuming cash, not generating it. ROE is -20%, which destroys shareholder value. ROCE of 15.47% at least suggests the core operations create some return on capital, but I need to see this line actually reach the bottom line before calling it good. From these numbers, I cannot identify a durable moat either; a business that cannot generate consistent profits has no proven competitive edge.
The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer