Tejas Networks (NSE:TEJASNET) Operating Margin %: -65.90% (As of Mar. 2026)


NSE:TEJASNET Tejas Networks Ltd NSE:TEJASNET
52 GF Score
Price ₹622.75
GF Value ₹357.49
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Tejas Networks Operating Margin %?

Tejas Networks NSE:TEJASNET -0.20% 52 Operating Margin % is -65.90% as of Mar. 2026. GuruFocus rates NSE:TEJASNET with a GF Score™ of 52/100 and a GF Value™ of ₹357.49 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 2,471 Hardware companies, Tejas Networks ranks worse than 94.9% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Tejas Networks's Operating Income for the three months ended in Mar. 2026 was ₹-2,190 Mil. Tejas Networks's Revenue for the three months ended in Mar. 2026 was ₹3,324 Mil. Therefore, Tejas Networks's Operating Margin % for the quarter that ended in Mar. 2026 was -65.90%.

The historical rank and industry rank for Tejas Networks's Operating Margin % or its related term are showing as below:

NSE:TEJASNET' s Operating Margin % Range Over the Past 10 Years
Min: -97.65   Med: 2.64   Max: 15.08
Current: -87.47


NSE:TEJASNET's Operating Margin % is ranked worse than
94.9% of 2471 companies
in the Hardware industry
Industry Median: 3.8 vs NSE:TEJASNET: -87.47

Tejas Networks's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Tejas Networks's Operating Income for the three months ended in Mar. 2026 was ₹-2,190 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-9,600 Mil.


Tejas Networks  (NSE:TEJASNET) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Tejas Networks Operating Margin % Related Terms


Tejas Networks Operating Margin % Historical Data

* Premium members only.

The historical data trend for Tejas Networks's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tejas Networks Operating Margin % Chart

Tejas Networks Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -28.10 -11.27 4.50 10.94 -97.65

Tejas Networks Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.02 -114.93 -153.77 -37.24 -65.90

NSE:TEJASNET vs CSCO, CIEN, MSI: Operating Margin % Comparison

For the Communication Equipment subindustry, Tejas Networks's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tejas Networks Operating Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Tejas Networks's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Tejas Networks's Operating Margin % falls into.


NSE:TEJASNET
52GF Score
Tejas Networks Ltd NSE:TEJASNET
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tejas Networks Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Tejas Networks's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=-10716.9 / 10974.7
=-97.65 %

Tejas Networks's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-2190.3 / 3323.9
=-65.90 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of -65.90% mean?
Tejas Networks (NSE:TEJASNET) has a Operating Margin % of -65.90% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Tejas Networks and its competitors. According to the industry distribution chart, Tejas Networks ranks #2345 out of 2471 companies in the Hardware industry, placing it in the top 94.9%.
Is Tejas Networks' Operating Margin % too high?
Tejas Networks' current Operating Margin % is -65.90%. Based on the distribution chart, Tejas Networks ranks #2345 out of 2471 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Tejas Networks has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tejas Networks' Operating Margin % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Tejas Networks ranks #2345 out of 2471 companies for Operating Margin %. This places Tejas Networks in the lower half of its industry. The industry median Operating Margin % is 3.80. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Hardware company?
The median Operating Margin % among Hardware companies is 3.80, based on 2,471 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Tejas Networks and its competitors. For the Hardware industry, the median Operating Margin % is 3.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tejas Networks's current Operating Margin % is -65.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tejas Networks stock overvalued right now?
Based on GuruFocus' analysis, Tejas Networks (NSE:TEJASNET) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹357.49, compared to a current price of ₹622.75 — trading 74.2% above its estimated fair value. The current Operating Margin % is -65.90%. Tejas Networks' overall GF Score™ is 52/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Tejas Networks (NSE:TEJASNET), the current Operating Margin % is -65.90% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tejas Networks (NSE:TEJASNET) Overvalued in 2026?

Based on GuruFocus' analysis, Tejas Networks stock appears to be overvalued. The current stock price of ₹622.75 is trading 74.2% above its estimated GF Value™ of ₹357.49. GuruFocus considers Tejas Networks to be Significantly Overvalued.

Key valuation signals for NSE:TEJASNET:

  • Operating Margin %: -65.90%
  • GF Value™: ₹357.49 vs. price of ₹622.75 (74.2% above fair value)
  • GF Score™: 52/100 with 11 warning signs

No single metric tells the full story. See the NSE:TEJASNET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tejas Networks Business Description

Other Exchanges 540595:India
Address Hosur Road, Electronic City, Phase 1, J.P. Software Park, Plot No. 25, 5th Floor, Survey No. 13, 14, 17,18, Konnapana Agrahara Village, Begur Hobli, Bengaluru, KA, IND, 560100
Tejas Networks Ltd is an optical and data networking products company. The company designs, develops, and manufactures high-performance products for building high-speed communication networks that carry voice, data, and video traffic from fixed-line, mobile, and broadband networks. It serves telecommunications service providers, internet service providers, utilities, defense, and government entities. It derives a majority of its revenue from India and the rest from International markets.
52GF Score

Get the complete analysis for NSE:TEJASNET

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹622.75
Price
₹357.49
GF Value