Tejas Networks Limited (TEJASNET) - Net Assets
Based on the latest financial reports, Tejas Networks Limited (TEJASNET) has net assets worth Rs33.21 Billion INR (≈ $359.18 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs98.81 Billion ≈ $1.07 Billion USD) and total liabilities (Rs65.60 Billion ≈ $709.43 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset allocation strategy of Tejas Networks Limited to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs33.21 Billion |
| % of Total Assets | 33.61% |
| Annual Growth Rate | 19.98% |
| 5-Year Change | 239.12% |
| 10-Year Change | 874.07% |
| Growth Volatility | 38.33 |
Tejas Networks Limited - Net Assets Trend (2012–2025)
This chart illustrates how Tejas Networks Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see TEJASNET market cap.
Annual Net Assets for Tejas Networks Limited (2012–2025)
The table below shows the annual net assets of Tejas Networks Limited from 2012 to 2025. Also explore how fast is Tejas Networks Limited growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs38.46 Billion ≈ $415.96 Million |
+22.13% |
| 2024-03-31 | Rs31.49 Billion ≈ $340.61 Million |
+5.94% |
| 2023-03-31 | Rs29.73 Billion ≈ $321.51 Million |
+54.02% |
| 2022-03-31 | Rs19.30 Billion ≈ $208.75 Million |
+70.19% |
| 2021-03-31 | Rs11.34 Billion ≈ $122.66 Million |
+4.93% |
| 2020-03-31 | Rs10.81 Billion ≈ $116.90 Million |
-18.13% |
| 2019-03-31 | Rs13.20 Billion ≈ $142.78 Million |
+14.60% |
| 2018-03-31 | Rs11.52 Billion ≈ $124.59 Million |
+130.11% |
| 2017-03-31 | Rs5.01 Billion ≈ $54.14 Million |
+26.79% |
| 2016-03-31 | Rs3.95 Billion ≈ $42.70 Million |
+19.24% |
| 2015-03-31 | Rs3.31 Billion ≈ $35.81 Million |
+2.07% |
| 2014-03-31 | Rs3.24 Billion ≈ $35.09 Million |
+1.02% |
| 2013-03-31 | Rs3.21 Billion ≈ $34.74 Million |
-10.82% |
| 2012-03-31 | Rs3.60 Billion ≈ $38.95 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Tejas Networks Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 670492000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs6.14 Billion | 15.96% |
| Common Stock | Rs1.80 Billion | 4.67% |
| Other Comprehensive Income | Rs1.47 Billion | 3.82% |
| Other Components | Rs29.06 Billion | 75.55% |
| Total Equity | Rs38.46 Billion | 100.00% |
Tejas Networks Limited Competitors by Market Cap
The table below lists competitors of Tejas Networks Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bafang Electric Suzhou Co Ltd
SHG:603489
|
$993.57 Million |
|
Cosmo Pharmaceuticals N.V
F:C43
|
$993.61 Million |
|
Shaanxi Fenghuo Electronics Co Ltd
SHE:000561
|
$993.76 Million |
|
Insigma
SHG:600797
|
$993.88 Million |
|
CBL & Associates Properties Inc
NYSE:CBL
|
$993.50 Million |
|
Yotrio Group Co Ltd
SHE:002489
|
$993.45 Million |
|
PT Super Bank Indonesia Tbk
JK:SUPA
|
$993.12 Million |
|
Esquire Financial Holdings Inc
NASDAQ:ESQ
|
$992.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tejas Networks Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 31,494,900,000 to 38,463,200,000, a change of 6,968,300,000 (22.1%).
- Net income of 4,465,300,000 contributed positively to equity growth.
- Share repurchases of 43,600,000 reduced equity.
- New share issuances of 43,600,000 increased equity.
- Other comprehensive income increased equity by 84,600,000.
- Other factors increased equity by 2,418,400,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs4.47 Billion | +11.61% |
| Share Repurchases | Rs43.60 Million | -0.11% |
| Share Issuances | Rs43.60 Million | +0.11% |
| Other Comprehensive Income | Rs84.60 Million | +0.22% |
| Other Changes | Rs2.42 Billion | +6.29% |
| Total Change | Rs- | 22.13% |
Book Value vs Market Value Analysis
This analysis compares Tejas Networks Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.37x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8.86x to 2.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-03-31 | Rs58.52 | Rs518.30 | x |
| 2013-03-31 | Rs52.19 | Rs518.30 | x |
| 2014-03-31 | Rs52.72 | Rs518.30 | x |
| 2015-03-31 | Rs53.81 | Rs518.30 | x |
| 2016-03-31 | Rs59.36 | Rs518.30 | x |
| 2017-03-31 | Rs75.88 | Rs518.30 | x |
| 2018-03-31 | Rs126.84 | Rs518.30 | x |
| 2019-03-31 | Rs138.00 | Rs518.30 | x |
| 2020-03-31 | Rs117.44 | Rs518.30 | x |
| 2021-03-31 | Rs120.50 | Rs518.30 | x |
| 2022-03-31 | Rs183.80 | Rs518.30 | x |
| 2023-03-31 | Rs193.46 | Rs518.30 | x |
| 2024-03-31 | Rs182.58 | Rs518.30 | x |
| 2025-03-31 | Rs218.65 | Rs518.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tejas Networks Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.61%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.00%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 2.72x
- Recent ROE (11.61%) is above the historical average (-1.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -25.79% | -46.40% | 0.31x | 1.80x | Rs-1.29 Billion |
| 2013 | -24.61% | -21.41% | 0.56x | 2.04x | Rs-1.11 Billion |
| 2014 | 0.86% | 0.66% | 0.57x | 2.30x | Rs-296.69 Million |
| 2015 | -5.39% | -4.62% | 0.53x | 2.20x | Rs-509.82 Million |
| 2016 | 7.23% | 4.55% | 0.63x | 2.51x | Rs-109.57 Million |
| 2017 | 18.57% | 10.63% | 0.95x | 1.83x | Rs429.14 Million |
| 2018 | 9.25% | 14.21% | 0.56x | 1.15x | Rs-86.88 Million |
| 2019 | 11.15% | 16.35% | 0.57x | 1.20x | Rs152.16 Million |
| 2020 | -21.94% | -59.85% | 0.32x | 1.15x | Rs-3.45 Billion |
| 2021 | 3.31% | 7.11% | 0.40x | 1.16x | Rs-758.80 Million |
| 2022 | -3.25% | -11.34% | 0.26x | 1.09x | Rs-2.56 Billion |
| 2023 | -1.22% | -3.95% | 0.26x | 1.21x | Rs-3.34 Billion |
| 2024 | 2.00% | 2.55% | 0.30x | 2.60x | Rs-2.52 Billion |
| 2025 | 11.61% | 5.00% | 0.85x | 2.72x | Rs618.98 Million |
Industry Comparison
This section compares Tejas Networks Limited's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $3,399,750,994
- Average return on equity (ROE) among peers: -2.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tejas Networks Limited (TEJASNET) | Rs33.21 Billion | -25.79% | 1.98x | $993.50 Million |
| Astra Microwave Products Limited (ASTRAMICRO) | $1.46 Billion | 12.73% | 0.84x | $1.67 Billion |
| Birla Cable Limited (BIRLACABLE) | $634.74 Million | -9.06% | 0.70x | $132.86 Million |
| D-Link (India) Limited (DLINKINDIA) | $2.39 Billion | 14.76% | 0.58x | $165.13 Million |
| ITI Limited (ITI) | $24.44 Billion | 0.39% | 2.65x | $2.67 Billion |
| Kavveri Telecom Products Limited (KAVVERITEL) | $286.97 Million | -57.26% | 8.93x | $24.00 Million |
| NELCO Limited (NELCO) | $351.75 Million | 8.99% | 5.09x | $249.70 Million |
| Panache Digilife Limited (PANACHE) | $291.75 Million | -10.06% | 2.75x | $84.32 Million |
| Paramount Communications Limited (PARACABLES) | $1.82 Billion | 14.46% | 1.81x | $219.49 Million |
| Shyam Telecom Limited (SHYAMTEL) | $389.52 Million | -6.10% | 4.46x | $1.39 Million |
| Smartlink Holdings Limited (SMARTLINK) | $1.93 Billion | 5.36% | 0.19x | $23.78 Million |
About Tejas Networks Limited
Tejas Networks Limited provides telecom and data networking-related products and services in India and internationally. It offers radio access networks, fiber broadband access, satcom solutions, optical aggregation, switching and routing, direct-to-mobile broadcast solutions, metro core and backbone, packet transport networks, network management systems, and wireless core products. The company al… Read more