Tejas Networks Ltd. · NSE:TEJASNET

Tejas Networks — Q4 FY2020 Earnings Presentation

13 slides from Tejas Networks's earnings presentation, Apr 21, 2020

  1. Slide 1: Cover letter to stock exchanges

    The Secretary The Secretary National Stock Exchange of India Ltd BSE Limited Exchange Plaza, C/1, Block G, P J Towers, Dalal Street, Fort, Bandra Kurla Complex, Bandra (East) Mumbai – 400 001 Mumbai – 400 051 BSE Scrip Code: 540595 NSESymbol: TEJASNET April 21, 2020 Dear Sir/Madam, Re: Earnings Call

  2. Slide 2: Tejas Networks Earnings Call Presentation Q4FY20

    TEJAS NETWORKS LTD EARNINGS CALL PRESENTATION Q4FY20 Tejas Networks Limited 2020. All rights reserved.

  3. Slide 3: Safe Harbor Statement

    Safe Harbor Statement Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements due to risks or uncert

  4. Slide 4: Q4FY20: Key Updates

    Q4FY20: Key Updates • Financial Update • Q4 Net Revenues: ₹52.7 Cr; FY20 Net Revenues: ₹379.8 Cr • Q4 PBT: (₹126.5) Cr; FY20 PBT: (₹138.6 Cr) • Steep fall in revenue resulted in loss • One-time impairment charge of ₹69.9 Cr on intangible R&D assets • Order book as on 31 March, 2020: ₹483 Cr (35-40%

  5. Slide 5: FY20: Revenue By Segments

    FY20: Revenue By Segments Critical BSNL/BBNL Infrastructure 2% (YoY -98%) 13% (YoY -71%) International - FY 20 India-Govt Direct 15% (YoY -88%) 30% (YoY -33%) International - OEM 3% (YoY -9%) India-Pvt 52% (YoY -6%) BSNL/BBNL Critical 36% Infrastructure 19% India-Pvt + International contributed to 8

  6. Slide 6: Financial Update

    Financial Update Amount in ₹ crore except EPS Q4-FY20 FY20 FY19 Revenues (Net)1 52.7 (YoY -80.2%) 379.8 (YoY -56.7%) 876.7 EBIT before -69.1 (YoY -295.9%) -94.6 (YoY -172.6%) 130.3 impairment2 EBIT after -139.0 (YoY -493.9%) -164.5 (YoY -226.2%) 130.3 impairment3 PBT -126.5 (YoY -441.2%) -138.6 (YoY

  7. Slide 7: Key Financial Indicators

    Key Financial Indicators Amount in ₹crore • Our Net worth declined by ₹ 126 Cr during the quarter • One-time impairment charge on intangibles of ₹70 Cr. • Loss of ₹56 Cr Particulars Q3-FY20 Q4-FY20 • Inventory increased to ₹ 252 Cr Cash flow from Operations 28 (2) • COVID-19 resulted in pushout of s

  8. Slide 8: COVID-19: Impact on our Business

    COVID-19: Impact on our Business • Our response and business continuity • We have been able to continually provide technical support to all our customers globally and help them maintain network uptime of >99.999% • Implemented Work-From-Home for all employees. Obtained curfew passes for critical sta

  9. Slide 9: India: Business Update and Outlook

    India: Business Update and Outlook FY20 Update FY21 Outlook • Government Accounts • Government Accounts • BSNL/Bharatnet • BSNL/Bharatnet • No business from BSNL or Bharatnet (central) during the • Government has announced plans to increase Bharatnet current FY due to project delays. coverage from 1

  10. Slide 10: Sizeable Opportunities in International

    Sizeable Opportunities in International Addressing ~40% of Tejas TAM for FY21: Global Market $9.4 Billion Source: Omdia report dated Apr, 2020 Africa and Middle East South and S.E Asia USA and Mexico  Targeting South, West and East  Targeted countries: Bangladesh, Sri  Focus on USA, Mexico, Canad

  11. Slide 11: International: Business Update and Outlook

    International: Business Update and Outlook FY20 Update FY21 Outlook • Africa and Middle East • Africa and Middle East • Strong revenue growth of 20.1% during the FY • Strong order funnel for FY21 from existing customers. • Signed up 3 Tier-1 operators • Market growing steadily due to increased broad

  12. Slide 12: Q4FY20: Key Takeaways

    Q4FY20: Key Takeaways • FY20 saw a sharp decline in revenues and profits, primarily due to India business • India business declined sharply due to unprecedented turbulence and financial stress in the sector and slump in Govt. orders (88% YoY) • Q4 was adversely impacted by COVID-19, resulting in mis

  13. Slide 13: Thank you!

    Thank you! Contact Us: ir@tejasnetworks.com Contact - +91(80)41794600 Tejas Networks Limited 2020. All rights reserved.

Tejas Networks — Q4 FY2020 Earnings Presentation on 6ix