Share of Tejas Networks Limited is currently trading at around Rs.790/- Investors are asking for Tejas Network Share Price Targets for 2024,2025,2030,2035 & 2040. In this article, we will discuss about the business prospects and financial performance of the Company and based on our discussion and analysis will tell you the Tejas Network Share Price targets for 2024,2025,2030,2035 & 2040.
Discussion & Analysis of Business & Financial performance with future business prospects of Tejas Networks Ltd:
Tejas Networks Limited: Financial Snapshot and Future Prospects
Financials:
Tejas Networks’ financials show a mixed picture. Here’s a quick breakdown:
- Revenue Growth: Positive sign. Revenue grew 74% in FY23 compared to FY22, reaching Rs 10,336 crore. However, the 5-year CAGR remains low at 2.4%.
- Profitability: Mixed bag. The company transitioned from a net loss in FY22 to a net profit in FY23. However, profit margins (operating and net) decreased compared to the previous year. Return on Equity (ROE) and Return on Capital Employed (ROCE) remain negative over the past 3 years.
- Liquidity: Potentially improving. Current assets grew faster than current liabilities in FY23, indicating better short-term liquidity.
- Solvency: Looks good. The debt-to-equity ratio is very low at 0%, which is a positive sign.
Future Business Prospects:
There are both challenges and opportunities for Tejas Networks:
- Opportunities:
- Government Push for Telecom Infrastructure: Government initiatives like “Make in India” and a focus on rural broadband penetration could boost demand for Tejas Networks’ products.
- 5G Rollout: The upcoming 5G rollout in India presents a significant growth opportunity for telecom equipment providers. Tejas Networks is well-positioned to capitalize on this with its optical networking solutions.
- Strategic Investment: The recent investment from Tata Sons, a major player in the Indian telecom sector, could provide Tejas Networks with access to new markets and resources.
- Challenges:
- Competition: The Indian telecom equipment market is highly competitive, with established players like Ericsson and Nokia.
- Profitability Improvement: Tejas Networks needs to improve its profitability margins to ensure sustainable growth.
- Execution Risk: Converting the recent revenue growth into sustained profitability will require efficient execution of projects.
Share Price Targets:
Tejas Networks Share Price Target 2024
Based on the above discussion and analysis, the share price of Tejas Networks is likely to touch the level of around Rs.870-900 in 2024
Tejas Networks Share Price Target 2025
Based on the above discussion and analysis, the share price of Tejas Networks is likely to touch the level of around Rs.990-1000 in 2025
Tejas Networks Share Price Target 2030
Based on the above discussion and analysis, the share price of Tejas Networks is likely to touch the level of around Rs.1625-1650 in 2030
Tejas Networks Share Price Target 2035
Based on the above discussion and analysis, the share price of Tejas Networks is likely to touch the level of around Rs.2450-2500 in 2035
Tejas Networks Share Price Target 2040
Based on the above discussion and analysis, the share price of Tejas Networks is likely to touch the level of around Rs.3950-4000 in 2040
Disclaimer: Investment in Capital Market/Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general Guidance & Educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
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