Tejas Networks Ltd, headquartered in India, is a globally recognized R&D-driven telecommunications equipment company. Specializing in the design, development, and manufacturing of cutting-edge optical and data networking products, Tejas Networks serves a wide range of clients, including telecom service providers, utility companies, government agencies, and defense networks.
FibreConnect, an innovative wholesale telecom infrastructure developer in Italy, has successfully launched its broadband services in the country using Tejas Networks’ state-of-the-art telecom and broadband products. Tejas Networks is the sole supplier of optical networking and broadband access products for FibreConnect’s country-wide FTTP (fiber-to-the-premise) rollout, ranging from DWDM/PTN/OTN for Core to XPON and Ethernet for Access.
Based on a unique business model built around partnerships with regional and retail Internet Service Providers (ISPs), FibreConnect targets industrial areas in Italy that currently lack broadband infrastructure to support the Italian government’s “Transition 4.0” plan to promote the digital transformation of its manufacturing sector.
As part of this contract, Tejas Networks has deployed its full range of products, including the versatile TJ1400UCB, integrating GPON/XGS-PON, Fixed LTE, and PTN technologies for Access and Aggregation, multi-terabit TJ1600 OTN/DWDM systems for Metro and Backbone, and the feature-rich TJ2100 series of ONTs for business and industrial premises. The complete network is being managed using TejNMS, the company’s universal, multi-technology network management system, coupled with an advanced service orchestration solution to deliver an agile, resilient, and future-proof network for FibreConnect.
*All figures in Rs crore*
| Jun-22 | Sep-22 | Dec-22 | Mar-23 | Jun-23 | |
| Sales | 126 | 220 | 275 | 299 | 188 |
| Expenses | 133 | 198 | 267 | 308 | 234 |
| Operating Profit | -7 | 22 | 8 | -8 | -46 |
| OPM % | -6% | 10% | 3% | -3% | -25% |
| Other Income | 19 | 20 | 21 | 21 | 19 |
| Interest | 1 | 5 | 5 | 5 | 5 |
| Depreciation | 23 | 26 | 34 | 35 | 34 |
| Profit before tax | -13 | 11 | -9 | -27 | -66 |
| Tax % | 49% | 90% | -62% | 58% | 60% |
| Net Profit | -7 | 1 | -15 | -11 | -26 |
Investors should focus on Tejas Networks’ stock as the company secures a pivotal contract with FibreConnect, an innovative broadband infrastructure developer in Italy. Tejas Networks’ comprehensive product range, including cutting-edge optical and broadband solutions, supports FibreConnect’s nationwide FTTP rollout. This partnership aligns with Italy’s “Transition 4.0” plan, offering significant growth potential and reinforcing Tejas Networks’ position in the telecom market.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to change. Please consult an expert before making related decisions.
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