Tejas Networks Q4FY26: Revenue ₹333 Cr, PAT ₹-211 Cr; Key Management Changes
Tejas Networks reported Q4FY26 revenue of ₹333 crore and a PAT loss of ₹211 crore. The order book stood at ₹1,514 crore. Key management changes include the appointment of Arnob Roy as MD & CEO and AVS Prasad as CFO. The company also signed a 5G massive MIMO radio contract with NEC.
The financial results show a continued net loss, which is a concern. However, the growth in order book, new business wins like the NEC contract, and strategic management appointments indicate potential for future improvement and stability, warranting a medium impact.
The company reported revenue growth and a significant increase in order book, which are positive indicators. However, the continued net loss in Q4FY26 and full year FY26, along with a sequential increase in losses, temper the overall sentiment.
Tejas Networks Limited has released its investor presentation for the fourth quarter and year ended March 31, 2026. The company reported Q4FY26 revenue of ₹333 crore, a sequential growth of 8% from Q3FY26's ₹307 crore. However, the Profit After Tax (PAT) for Q4FY26 was a loss of ₹211 crore, compared to a loss of ₹197 crore in the previous quarter.
The full-year FY26 revenue stood at ₹1,103 crore, with a PAT loss of ₹909 crore. The company's order book at the end of Q4FY26 grew to ₹1,514 crore, a significant increase from ₹1,329 crore in Q3FY26 and ₹1,019 crore in Q4FY25.
Key business updates include signing an agreement with NEC for manufacturing and supplying 5G massive MIMO radios, receiving a purchase order for 4G RAN products in South Asia, and completing shipments for BharatNet Phase III. The company also launched the TJ1600-D3 and filed 63 patents in Q4 FY26, bringing the cumulative patent count to 676.
In corporate updates, Mr. Srikumar Vijayasekharan has been appointed as an Additional Director, effective April 15, 2026. Mr. Arnob Roy has been appointed as the Managing Director & Chief Executive Officer from April 15, 2026, to August 3, 2028. Mr. Preetham Uthaiah has been appointed as Chief Operating Officer from April 15, 2026, and Mr. AVS Prasad as Chief Financial Officer from May 16, 2026. The company also noted resignations of Mr. P R Ramesh as Independent Director (effective April 18, 2026) and Mr. Sumit Dhingra as CFO (effective May 15, 2026).
The company highlighted its strategic positioning for long-term success, driven by massive AI workloads and data center demands, and its well-positioned product roadmap and strong partnerships.
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Tejas Networks Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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