Software Technology Parks of India (STPI) is an autonomous society under Ministry of Electronics and Information Technology (MeitY), Govt. of India established in 1991. The award winners were selected by an eminent committee consisting of representatives from STPI- Government of India, Government of Karnataka, Academia, Media and Industry who evaluated the performance of the entire spectrum of IT, ITES and Electronics & Hardware Exporting Companies in the state on a range of parameters including consistency in exports, employment and diversity.
“We are honored to be recognized as a leading exporter of electronics products from Karnataka by STPI. As a pioneering R&D-driven, deep technology ESDM company from India, our focus is to design-and-manufacture in India so that we can do maximum domestic value-addition within the country and contribute to Government of India’s goal of achieving net-zero imports in the electronics sector by 2020. Since broadband and telecom networks are now becoming the backbone of Digital India, indigenization and use of domestic products will not only be necessary to reduce our import bills, but will also help achieve self-reliance in the area of cyber-security” said Sanjay Nayak, CEO and MD of Tejas Networks. “In recent years, Tejas has achieved the status of a Top-10 global supplier of optical aggregation equipment and our products are now deployed in over 65 countries around the world. In addition to scaling up our exports, we have also successfully competed with global MNCs and have been ranked #1 in the Indian optical aggregation market” he added.
Software Technology Parks of India (STPI) is an autonomous society under Ministry of Electronics and Information Technology (MeitY), Govt. of India established in 1991. The award winners were selected by an eminent committee consisting of representatives from STPI- Government of India, Government of Karnataka, Academia, Media and Industry who evaluated the performance of the entire spectrum of IT, ITES and Electronics & Hardware Exporting Companies in the state on a range of parameters including consistency in exports, employment and diversity.
“We are honored to be recognized as a leading exporter of electronics products from Karnataka by STPI. As a pioneering R&D-driven, deep technology ESDM company from India, our focus is to design-and-manufacture in India so that we can do maximum domestic value-addition within the country and contribute to Government of India’s goal of achieving net-zero imports in the electronics sector by 2020. Since broadband and telecom networks are now becoming the backbone of Digital India, indigenization and use of domestic products will not only be necessary to reduce our import bills, but will also help achieve self-reliance in the area of cyber-security” said Sanjay Nayak, CEO and MD of Tejas Networks. “In recent years, Tejas has achieved the status of a Top-10 global supplier of optical aggregation equipment and our products are now deployed in over 65 countries around the world. In addition to scaling up our exports, we have also successfully competed with global MNCs and have been ranked #1 in the Indian optical aggregation market” he added.
Software Technology Parks of India (STPI) is an autonomous society under Ministry of Electronics and Information Technology (MeitY), Govt. of India established in 1991. The award winners were selected by an eminent committee consisting of representatives from STPI- Government of India, Government of Karnataka, Academia, Media and Industry who evaluated the performance of the entire spectrum of IT, ITES and Electronics & Hardware Exporting Companies in the state on a range of parameters including consistency in exports, employment and diversity.
Tejas Networks (NSE: TEJASNET / BSE: 540595) today announced that it is displaying its latest innovations in the packet optical space at AfricaCom 2017. AfricaCom is Africa’s largest telecoms, media and technology event and is being held at Cape Town International Convention Centre, Cape Town, South Africa between November 7th and 9th.
Tejas has a large portfolio of software-defined hardware™ products for building flexible, carriergrade telecom networks. At AfricaCom, Tejas is displaying its state-of-the-art TJ1400 and TJ1600 products that enable the following capabilities:
– Integrated Broadband Access and Packet Transport services delivered from the same platform including GPON-based fiber broadband, 4G/LTE-based wireless broadband and multi-gigabit Ethernet services for homes and enterprises.
– MPLS-based packet transport with high-fidelity packet synchronization and dense circuit emulation for seamless network transformation from circuit-based 2G/3G networks to pure-packet 4G/5G networks.
– Scalable, multi-terabit PTN and OTN switching supporting Nx100G/400G coherent DWDM transmission with alien wavelength capability for national backbone networks, high-capacity Metropolitan Core/Long-haul networks and web-scale Data Center Interconnect (DCI) networks.
Meet our senior executives and technology experts at Booth No. B41 to learn more about our award-winning products and solutions.
Tejas has a large portfolio of software-defined hardware™ products for building flexible, carriergrade telecom networks. At AfricaCom, Tejas is displaying its state-of-the-art TJ1400 and TJ1600 products that enable the following capabilities:
– Integrated Broadband Access and Packet Transport services delivered from the same platform including GPON-based fiber broadband, 4G/LTE-based wireless broadband and multi-gigabit Ethernet services for homes and enterprises.
– MPLS-based packet transport with high-fidelity packet synchronization and dense circuit emulation for seamless network transformation from circuit-based 2G/3G networks to pure-packet 4G/5G networks.
– Scalable, multi-terabit PTN and OTN switching supporting Nx100G/400G coherent DWDM transmission with alien wavelength capability for national backbone networks, high-capacity Metropolitan Core/Long-haul networks and web-scale Data Center Interconnect (DCI) networks.
Meet our senior executives and technology experts at Booth No. B41 to learn more about our award-winning products and solutions.
Tejas Networks [BSE: 540595, NSE: TEJASNET] today reported its financial results for the second quarter ended September 30, 2017.
Tejas Networks designs, develops, manufactures and sells high-performance and costcompetitive optical and data networking products, which are used to build high-speed communication networks over optical fiber.
For the quarter ended September 30, 2017, our consolidated revenues (net of taxes and pass-through component sale to our contract manufacturers) were Rs. 214.90 crore which was a growth of 20.9% year-on-year. Our operating profits grew by 61.2% year-on-year and net profit grew 68.0% year-on-year. As a percentage of consolidated revenues (net of taxes and pass-through component sale to our contract manufacturers) our operating margin was 13.6% in Q2’18 compared to 10.2% in Q2’17 and our net profit after tax in Q2’18 was 12.5% as compared to net profit of 9.0% in Q2’17.
For the six month period ended September 30, 2017, our revenues (net of taxes and passthrough component sales to our contract manufacturers) were Rs. 415.01 crore which was a growth of 33.5% year-on-year, our operating profits grew by 120.2% year-on-year and our net profit grew 232.5% year-on-year.
Mr. Sanjay Nayak, Managing Director and CEO of Tejas Networks said, “We continue to see strong growth led by India, which is the world’s fastest growing optical networking market. We believe that India is at the cusp of a prolonged growth cycle in optical networking, driven by strong usage of mobile data as well as broadband by consumers, businesses and government”.
Tejas continued to strengthen its market position in India. Recently, Ovum (Informa), a global market-leading data, research and consulting firm, ranked Tejas as #1 in marketshare for India’s Optical Aggregation market for the last 4 quarters rolling.
Mr. Venkatesh Gadiyar, CFO said, “We continue to see the benefits of operating leverage, which is reflected in our strong profitability growth on a year-on-year basis. For the first half of the year, our net profit after tax was Rs. 47.31 crore and we generated cash of Rs. 94.72 crore from operations. As of September 30, 2017, our cash and cash equivalents amounted to Rs.381.52 crore. We are now practically a debt-free company, with a outstanding debt of just Rs. 3.37 crore as of September 30, 2017.”
Recently we have strengthened our management team and Mr. N R Ravikrishnan has joined us on October 11, 2017 as General Counsel and Chief Compliance officer. Earlier, he worked as the Company Secretary and Head (Compliance, Audit and Facilities) in Infosys Group.
Tejas Networks designs, develops, manufactures and sells high-performance and costcompetitive optical and data networking products, which are used to build high-speed communication networks over optical fiber.
For the quarter ended September 30, 2017, our consolidated revenues (net of taxes and pass-through component sale to our contract manufacturers) were Rs. 214.90 crore which was a growth of 20.9% year-on-year. Our operating profits grew by 61.2% year-on-year and net profit grew 68.0% year-on-year. As a percentage of consolidated revenues (net of taxes and pass-through component sale to our contract manufacturers) our operating margin was 13.6% in Q2’18 compared to 10.2% in Q2’17 and our net profit after tax in Q2’18 was 12.5% as compared to net profit of 9.0% in Q2’17.
For the six month period ended September 30, 2017, our revenues (net of taxes and passthrough component sales to our contract manufacturers) were Rs. 415.01 crore which was a growth of 33.5% year-on-year, our operating profits grew by 120.2% year-on-year and our net profit grew 232.5% year-on-year.
Mr. Sanjay Nayak, Managing Director and CEO of Tejas Networks said, “We continue to see strong growth led by India, which is the world’s fastest growing optical networking market. We believe that India is at the cusp of a prolonged growth cycle in optical networking, driven by strong usage of mobile data as well as broadband by consumers, businesses and government”.
Tejas continued to strengthen its market position in India. Recently, Ovum (Informa), a global market-leading data, research and consulting firm, ranked Tejas as #1 in marketshare for India’s Optical Aggregation market for the last 4 quarters rolling.
Mr. Venkatesh Gadiyar, CFO said, “We continue to see the benefits of operating leverage, which is reflected in our strong profitability growth on a year-on-year basis. For the first half of the year, our net profit after tax was Rs. 47.31 crore and we generated cash of Rs. 94.72 crore from operations. As of September 30, 2017, our cash and cash equivalents amounted to Rs.381.52 crore. We are now practically a debt-free company, with a outstanding debt of just Rs. 3.37 crore as of September 30, 2017.”
Recently we have strengthened our management team and Mr. N R Ravikrishnan has joined us on October 11, 2017 as General Counsel and Chief Compliance officer. Earlier, he worked as the Company Secretary and Head (Compliance, Audit and Facilities) in Infosys Group.
Tejas Networks (NSE: TEJASNET l BSE: 540595) today announced that Ovum (Informa), a market-leading data, research and consulting firm focused on heiping digital service providers and their technology partners thrive in a connected digital economy, has ranked Tejas as the market leader in India’s optical aggregation segment in Q2, 2017 on a rolling four quarter basis.
“Tejas Networks has held the #1 position in India’s Optical Aggregation market with a market share of 36%. As of Q2, 2017, Tejas Networks has maintained its leadership position in the India optical market, which was the fastest-growing Optical Networking market in the world, with a strong sequential as well as year-on-year growth. Ovum’s Optical Networking market includes three product segments – Aggregation, WDM and Subsea Optoelectronics,” said Don Frey, Principal Analyst, Transport and Routing at Ovum Telecoms Research.
“We are delighted that Tejas Networks is ranked as the #1 vendor in the optical aggregation segment in India – the world’s fastest-growing and most-competitive telecom market” said Sanjay Nayak, CEO and MD of Tejas Networks. “We believe that India is at the cusp of a prolonged growth cycle in optical networking, driven by strong usage of mobile data as well as broadband by consumers and businesses. While there is decent fiber capacity in inter-city networks, there is a significant catch-up investment needed in the aggregation and metro segment, since less than 20% of cell towers are currently fiberized. With our strong incumbency , long-standing customer relationships and government’s support for Make-in-India, we are well positioned to benefit from this increased demand for optical networking equipment in India,” he added.
“Tejas Networks has held the #1 position in India’s Optical Aggregation market with a market share of 36%. As of Q2, 2017, Tejas Networks has maintained its leadership position in the India optical market, which was the fastest-growing Optical Networking market in the world, with a strong sequential as well as year-on-year growth. Ovum’s Optical Networking market includes three product segments – Aggregation, WDM and Subsea Optoelectronics,” said Don Frey, Principal Analyst, Transport and Routing at Ovum Telecoms Research.
“We are delighted that Tejas Networks is ranked as the #1 vendor in the optical aggregation segment in India – the world’s fastest-growing and most-competitive telecom market” said Sanjay Nayak, CEO and MD of Tejas Networks. “We believe that India is at the cusp of a prolonged growth cycle in optical networking, driven by strong usage of mobile data as well as broadband by consumers and businesses. While there is decent fiber capacity in inter-city networks, there is a significant catch-up investment needed in the aggregation and metro segment, since less than 20% of cell towers are currently fiberized. With our strong incumbency , long-standing customer relationships and government’s support for Make-in-India, we are well positioned to benefit from this increased demand for optical networking equipment in India,” he added.
Tejas Networks Limited announced today that it has won the National Intellectual Property (IP) Award for the year 2017 in the category “Top Indian Private Company (MSME) for Patents and Commercialization”. This prestigious award was presented by Hon’ble Smt. Nirmala Sitharaman, Minister of Commerce and Industry, Government of India at a function organized in New Delhi on the occasion of World IP Day.
The National IP awards are conferred every year by the Indian Intellectual Property Office to outstanding innovators, organisations and companies in the fields of patents, designs, trademarks and geographical indications. The awardees are selected by an eminent jury comprising R&D & IP professionals, industry associations, academia, and government representatives. The growth in IPR portfolio over preceding years, utilization of IPRs as a strategic tool in commerce & industry, along with their contribution to the society at large are taken into consideration while selecting the winners.
“We are honoured to be recognized as top Indian private company for patents and commercialization by the Government of India,” said Sanjay Nayak, CEO and MD of Tejas Networks. “Over the years, we have consistently invested in R&D and innovation and built up a rich portfolio of technology patents and intellectual properties, which are a part of our future-ready products. This prestigious award underscores our commitment to be an innovation leader and provide world-class products to our customers in the telecommunications sector,” he added.
Tejas Networks has filed 326 patent applications in India, United States and Europe in the area of optical and wireless communications. In addition, Tejas has also filed 35 patent applications under the Patent Cooperation Treaty.
The National IP awards are conferred every year by the Indian Intellectual Property Office to outstanding innovators, organisations and companies in the fields of patents, designs, trademarks and geographical indications. The awardees are selected by an eminent jury comprising R&D & IP professionals, industry associations, academia, and government representatives. The growth in IPR portfolio over preceding years, utilization of IPRs as a strategic tool in commerce & industry, along with their contribution to the society at large are taken into consideration while selecting the winners.
“We are honoured to be recognized as top Indian private company for patents and commercialization by the Government of India,” said Sanjay Nayak, CEO and MD of Tejas Networks. “Over the years, we have consistently invested in R&D and innovation and built up a rich portfolio of technology patents and intellectual properties, which are a part of our future-ready products. This prestigious award underscores our commitment to be an innovation leader and provide world-class products to our customers in the telecommunications sector,” he added.
Tejas Networks has filed 326 patent applications in India, United States and Europe in the area of optical and wireless communications. In addition, Tejas has also filed 35 patent applications under the Patent Cooperation Treaty.
Tejas Networks Limited, a leading global provider of next-generation optical and data networking products announced that Sukhvinder Kumar has joined as President-Global Manufacturing Operations and Joydeep Bose as Executive Vice President, Corporate Strategy.
“We are delighted to welcome Sukhvinder and Joydeep to Tejas. With these appointments, we have strengthened our senior management team with accomplished executives having rich international leadership experience”, said Sanjay Nayak CEO and MD. He added, “Their domain expertise and knowledge will play an important role during our next phase of market expansion and growth.”
Sukhvinder Kumar holds a bachelor of engineering degree in electronics from Dr. Ambedkar Marathawala University, Aurangabad and an advanced management program certificate from Indian Institute of Management, Bengaluru. He has several years of experience in the field of electronics. Prior to joining our Company, he was the chief executive officer and managing director of Eolane Electronics India Private Limited. Sukhvinder said- “with best-in-class products, deep R&D expertise, strong in-house IPR portfolio and TL9000 certified manufacturing processes, Tejas has emerged as India’s leading high-technology product company. I am excited to be part of a top-notch team, as we embark on an exciting growth phase.”
Joydeep Bose joined Tejas from Cisco-Asia Pacific & Japan, where he headed strategy and corporate development for over 10 years. At Cisco, Joydeep focused on strategy and new partnerships, minority investments, co-development and M&A for its cloud, IOT and smart cities businesses. Before Cisco, Joydeep spent 7 years at Intel-India where he was actively involved with Intel Capital’s investments in telecom and wireless startups, before taking up a General Manager role in the emerging products division. Joydeep said- “with significant customer successes in India as well as internationally, Tejas is well positioned to capture much larger market-share globally. Tejas has a strong portfolio of software-differentiated, converged packet optical, packet transport, fiber broadband and Ethernet switches that give us a unique edge in defining the next-generation connected platforms. I look forward to creating growth opportunities and new initiatives through co-creation, structured partnerships, M&A and Tejas-led developer forums.”
“We are delighted to welcome Sukhvinder and Joydeep to Tejas. With these appointments, we have strengthened our senior management team with accomplished executives having rich international leadership experience”, said Sanjay Nayak CEO and MD. He added, “Their domain expertise and knowledge will play an important role during our next phase of market expansion and growth.”
Sukhvinder Kumar holds a bachelor of engineering degree in electronics from Dr. Ambedkar Marathawala University, Aurangabad and an advanced management program certificate from Indian Institute of Management, Bengaluru. He has several years of experience in the field of electronics. Prior to joining our Company, he was the chief executive officer and managing director of Eolane Electronics India Private Limited. Sukhvinder said- “with best-in-class products, deep R&D expertise, strong in-house IPR portfolio and TL9000 certified manufacturing processes, Tejas has emerged as India’s leading high-technology product company. I am excited to be part of a top-notch team, as we embark on an exciting growth phase.”
Joydeep Bose joined Tejas from Cisco-Asia Pacific & Japan, where he headed strategy and corporate development for over 10 years. At Cisco, Joydeep focused on strategy and new partnerships, minority investments, co-development and M&A for its cloud, IOT and smart cities businesses. Before Cisco, Joydeep spent 7 years at Intel-India where he was actively involved with Intel Capital’s investments in telecom and wireless startups, before taking up a General Manager role in the emerging products division. Joydeep said- “with significant customer successes in India as well as internationally, Tejas is well positioned to capture much larger market-share globally. Tejas has a strong portfolio of software-differentiated, converged packet optical, packet transport, fiber broadband and Ethernet switches that give us a unique edge in defining the next-generation connected platforms. I look forward to creating growth opportunities and new initiatives through co-creation, structured partnerships, M&A and Tejas-led developer forums.”
