BSNL add-on order delay
The anticipated BSNL add-on PO for 18,000 sites remains undecided, causing inventory buildup and cash flow strain.
high · analyst_question
Tejas Networks Ltd — Q4 FY26
Tejas Networks reported Q4 FY26 revenue of ₹333 crore, up 8% QoQ, but continued to post heavy losses with EBITDA of -₹219 crore and PAT of -₹211 crore.
bearish
high
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Risk Intelligence
Material risks this quarter
Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.
Risks
High receivables and inventory
Receivables of ₹3,258 crore and inventory of ₹2,438 crore are straining the balance sheet; collection from BSNL is key.
high · data_observationMemory price inflation
Rising memory costs could pressure margins, though management says it's a small component and is renegotiating prices.
medium · analyst_questionInternational wireless scale uncertainty
International wireless wins are still early-stage; management declined to quantify the funnel or expected order size.
medium · management_commentary