More about Tejas Networks Limited
Fundamentals for Tejas Networks Limited
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Fundamentals for Tejas Networks Limited
Business Operations:
Sector: TechnologyIndustry: Communication Equipment
Tejas Networks Limited designs, manufactures, and sells wireless and wireline networking products in India and internationally. It offers TJ1400eNodeB ultra flex, that combines fiber broadband, mobile broadband, high-speed Ethernet, and packet optical transport technologies in single platform; TJ1620W, a Macro eNodeB solution; and TJ6003W, a rack mountable server platform. The company also provides TJ1400-1 OLT, a pizza box GPON OLT that provides broadband solutions; TJ1400 OLT, a GPON/XGS-PON solution for FTTH and FTTB services with various end-user ONT devices; and TJ2100N ONT, for optical access networks deployed in fiber-to-the-home and fiber-to-the-building formats. In addition, it offers enterprise ethernet switches, such as TJ1400P-M1 portfolio of Layer2+ switches; TJ1400P M3 and TJ1400P M2 switching products optimized for LAN and metro applications; TJ1400P-4X series access routers; and TJ1400, an aggregation/core service router. Further, the company provides TJ1400, a broadband designed for the 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 connectivity, and broadband and access infrastructure; and TJ1270 MSPP, a multi-service provisioning platform. In addition, it offers TJ1400P for edge and access applications and TJI400PTN for access and aggregation applications. Additionally, it provides TJ1600 Micro-OTN compact platform; TJ1600 OTN/DWDM; TJ1600 Core Switch; and TJ5500 a network management system. It sells its products to telecommunications service providers, internet service providers, web-scale internet companies, utility companies, defense companies, and government entities. 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 headquartered in Bengaluru, India.
Revenue projections:
Investors are expected to be cautious with TEJASNET, as its revenues are projected to fall compared to last year. A decline in revenue often results in a negative impact on profitability, prompting concerns about the company's financial stability and making investors more conservative in their approach.
Financial Ratios:
| currentRatio | 1.274000 |
|---|---|
| forwardPE | 20.574787 |
| debtToEquity | 129.357000 |
| earningsGrowth | 0.000000 |
| revenueGrowth | -0.907000 |
| grossMargins | 0.235130 |
| operatingMargins | -1.507450 |
| trailingEps | -23.220000 |
| forwardEps | 0.000000 |
Tejas Networks Limited's current ratio, being 1.274, means the company is well-positioned to meet its short-term debt obligations. This reflects Tejas Networks Limited's strong liquidity, as its cash reserves and current assets provide more than enough coverage for its immediate liabilities.
TEJASNET's Forward PE is in a strong range, indicating that its stock price compares well with its earnings. The stock is not considered overpriced, leaving ample room for growth and making it a promising option for investors looking for value and future returns.
TEJASNET's high debt-to-equity ratio signals significant reliance on debt to finance its operations. This heavy leverage can increase financial risk, especially if the company faces a decline in revenue or struggles to meet its debt obligations.
Tejas Networks Limited's low earnings and revenue growth suggest shrinking profits are likely. This could reflect broader financial struggles, signaling that the company might face difficulties in sustaining its profitability.
Insider Transactions:
Tejas Networks Limited saw 19 transactions in which shares were sold with market price at 838.9052638003701.1 TEJASNET stock purchases took place, with market price of 916.1500244140625.The insider transaction data lacks a clear pattern, offering no meaningful signals regarding the company's future course or current momentum.
Recommendation changes over time:
TEJASNET has received a mixed assessment from analysts, with no definitive buy or sell recommendations. Investors might find it prudent to take a broader approach, considering various market factors, as the analysts' lack of clarity leaves room for different interpretations.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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