Tejas Networks Reports Strong Financial Performance in Q2 FY25, But Faces Challenges Ahead
Tejas Networks, a leading IT hardware company, has recently announced its financial results for the quarter ending September 2024. The company has shown a very positive performance with a score of 27, which has improved from 18 in the last 3 months.
One of the key highlights of the financials is the significant growth in net sales, which has increased by 610% year on year to reach Rs 2,811.26 crore. This trend is expected to continue in the near term, indicating a strong sales performance for the company.
Another positive aspect is the growth in Profit Before Tax (PBT) less Other Income, which has increased by 1219.85% year on year to reach Rs 399.90 crore. This is a clear indication of the company’s profitability and its ability to generate higher earnings for its shareholders.
Tejas Networks has also shown a remarkable growth in Profit After Tax (PAT), which has increased by 2277.1% year on year to reach Rs 275.18 crore. This is the highest PAT in the last five quarters, showcasing the company’s strong financial performance.
However, there are some areas that need improvement for Tejas Networks. The interest cost has increased by 200.84% over the previous half-yearly period, indicating a rise in borrowings. The company’s operating cash flow has also decreased each year in the last three years, which is a cause for concern.
Moreover, the company’s short-term liquidity is deteriorating, with the lowest cash and cash equivalents of Rs 127.64 crore in the last six half-yearly periods. The debt-equity ratio has also reached its highest at 0.78 times in the last five half-yearly periods, indicating a higher reliance on borrowings.
In conclusion, Tejas Networks has shown a strong financial performance in the quarter ending September 2024, with a positive outlook for the near term. However, the company needs to address its rising interest cost and improve its cash flow and liquidity situation to sustain its growth in the long run.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
{{text.big_txt}}
{{text .small_txt}}
{{dashverdictresult.dashboard.stock_details.short_name}}
SEND BY EMAIL
Register now to see if the stock’s characteristics match your investment style
Subscribe now to see if the stock's characteristics match your investment style
{{dashverdictresult.dashboard.risk_return_voltality.risk_type}}, {{dashverdictresult.dashboard.risk_return_voltality.return_type}}
| {{ value[0] }} | {{ value[1] }} | {{ value[2] }} | {{ value[3] }} |
| {{ value[0] }} | {{ value[1] }} | {{ value[2] }} | {{ value[3] }} |
Create your portfolio and know how much should this stock be in your portfolio
Subscribe now to know how much you should hold in this stock
We have found 2 better stocks that you can consider
{{dashverdictresult.dashboard.return_text}}
Investors Returns (3 years) –
| Period | 6M | 1Y | 2Y | 3Y |
| {{ keyd.val }} | ||||
| {{ keyd.val }} |
Quality: {{dashverdictresult.dashboard.dotsummary.q_txt}}
Valuation: {{dashverdictresult.dashboard.dotsummary.v_txt}}
Quarterly Financial Trend: {{dashverdictresult.dashboard.dotsummary.f_txt}}
Technicals: {{dashverdictresult.dashboard.dotsummary.tech_txt}}
Stock Info:
BSE – {{dashverdictresult.dashboard.stock_details.scripcode}}/ NSE – {{dashverdictresult.dashboard.stock_details.symbol}}
Market Cap – {{dashverdictresult.dashboard.priceinfo.mcap_class}} (Rs. {{dashverdictresult.dashboard.priceinfo.mcap| number :0}} cr)
Sector – {{dashverdictresult.dashboard.stock_details.ind_name}}
52 w H/L (Rs.) – {{dashverdictresult.dashboard.priceinfo.wk_high52}}/{{dashverdictresult.dashboard.priceinfo.wk_low52}}
Average vol (6M) – {{dashverdictresult.dashboard.priceinfo.vol}}
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
