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Tejas Networks Ltd
NSE:TEJASNET

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Tejas Networks Ltd
NSE:TEJASNET
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Price: 416.2 INR 0.84% Market Closed
Market Cap: ₹73.8B

EV/GP

22.6
Current
29%
More Expensive
vs 3-y average of 17.6

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
22.6
=
Enterprise Value
₹77.5B
/
Gross Profit
₹3.4B

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
22.6
=
Enterprise Value
₹77.5B
/
Gross Profit
₹3.4B

Valuation Scenarios

Tejas Networks Ltd is trading above its 3-year average

If EV/GP returns to its 3-Year Average (17.6), the stock would be worth ₹323.04 (22% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-71%
Maximum Upside
No Upside Scenarios
Average Downside
43%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 22.6 ₹416.2
0%
3-Year Average 17.6 ₹323.04
-22%
5-Year Average 15.4 ₹282.35
-32%
Industry Average 12 ₹220.54
-47%
Country Average 6.5 ₹120.43
-71%

Forward EV/GP
Today’s price vs future gross profit

Not enough data available to calculate forward EV/GP

Peer Comparison

All Multiples
EV/GP
P/E
All Countries
Close
Market Cap EV/GP P/E
IN
Tejas Networks Ltd
NSE:TEJASNET
73.4B INR 22.6 -8.3
JP
Nakayo Inc
TSE:6715
111.4T JPY 39 277.1 7 956 708
US
Cisco Systems Inc
NASDAQ:CSCO
343.2B USD 9.1 31
US
Arista Networks Inc
NYSE:ANET
207.7B USD 34.1 59.1
CN
Zhongji Innolight Co Ltd
SZSE:300308
916.7B CNY 42.1 63.8
US
Motorola Solutions Inc
NYSE:MSI
72B USD 13.2 33.4
US
Ciena Corp
NYSE:CIEN
67B USD 31.1 292.5
FI
Nokia Oyj
OMXH:NOKIA
52.6B EUR 5.9 70.9
US
Ubiquiti Inc
NYSE:UI
58.3B USD 42.7 65.3
US
Lumentum Holdings Inc
NASDAQ:LITE
56.5B USD 78.4 223.8
CN
Yangtze Optical Fibre and Cable Joint Stock Ltd Co
SSE:601869
307B CNY 72.4 377.2

Market Distribution

Higher than 90% of companies in India
Percentile
90th
Based on 2 475 companies
90th percentile
22.6
Low
0.2 — 4.1
Typical Range
4.1 — 10.8
High
10.8 —
Distribution Statistics
India
Min 0.2
30th Percentile 4.1
Median 6.5
70th Percentile 10.8
Max 34 392.2

Tejas Networks Ltd
Glance View

Tejas Networks Ltd., headquartered in India, has woven itself into the intricate tapestry of the telecommunications industry, primarily as a designer and manufacturer of high-performance optical and data networking products. The company was founded in the year 2000, a time when the dawn of the telecom revolution promised to transform connectivity across the globe. The founders identified a burgeoning need for agile, robust, and scalable network infrastructure solutions that could cater specifically to the diverse needs of emerging markets. Unlike established players who often imported tech to these markets, Tejas Networks carved a niche by creating products that were both globally competitive and regionally adaptable. This approach allowed them to pair sophisticated technology with cost-effective production strategies, giving them a competitive edge. Tejas Networks generates its revenue primarily through the sale of its extensive range of networking products, which include optical networking, broadband access, and wireless solutions. Their business model is fundamentally anchored on leveraging its core strengths in R&D to foster innovation in product development. The company thrives on its ability to offer feature-rich products that enable telecom service providers, internet content providers, utilities, and enterprises to set up high-speed data networks. Importantly, Tejas does not merely stop at delivering these products; it also provides accompanying software and maintenance services that ensure continuous performance and scalability for its customers. This service-oriented approach creates a loyal customer base, smoothing revenue streams and often leading to long-term contracts that provide predictable and sustainable financial growth.

TEJASNET Intrinsic Value
200.55 INR
Overvaluation 52%
Intrinsic Value
Price ₹416.2
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