Mission Statement, Vision, & Core Values (2025) of Tejas Networks Limited.

An Overview of Tejas Networks Limited

General Summary of Tejas Networks Limited

Tejas Networks Limited, established in 2000, is a leading provider of networking products and solutions. The company specializes in optical and data networking equipment tailored for telecom service providers and enterprises. Its product portfolio includes a range of optical transport products, broadband access technologies, and network management software.

As of 2024, Tejas Networks has recorded a significant increase in its sales, achieving approximately INR 1,000 crore, driven by a surge in demand for broadband solutions and network infrastructure enhancements.

Company's Financial Performance in the Latest Financial Reports

In the latest financial reporting period, Tejas Networks reported a record-breaking revenue of INR 1,050 crore for the fiscal year ending March 2024. This represents a growth of 30% compared to the previous year. The company attributed this success primarily to the robust sales of its optical networking products, which alone contributed 70% of total revenue.

Additionally, the gross profit margin improved to 38%, reflecting enhanced operational efficiencies and cost management initiatives. Tejas Networks also reported a net profit of INR 150 crore, marking an increase of 25% year-over-year.

Introduction to Tejas Networks as a Leader in the Industry

Tejas Networks has positioned itself as one of the leaders in the networking and telecommunications industry. The company has been at the forefront of technological innovation, offering solutions that cater to the expanding needs of digital infrastructures.

With a focus on quality and customer satisfaction, Tejas Networks has garnered significant market share, especially in regions such as Asia-Pacific and Europe. They continue to leverage their expertise to enhance their product offerings and expand into new markets.

For those interested in discovering the factors contributing to Tejas Networks' success, further insights can be explored in subsequent sections.

Mission Statement of Tejas Networks Limited

Mission Statement of Tejas Networks Limited

Tejas Networks Limited’s mission statement is to 'Deliver broadband and digital connectivity solutions for rural and urban markets by developing innovative products and services.' This mission underpins the company’s commitment to enhancing the communication landscape in India and beyond, reflecting its pursuit of technological excellence and customer satisfaction.

Core Component 1: Innovation

The first core component of Tejas Networks' mission is innovation. The company focuses on developing state-of-the-art networking products to meet the increasing demand for broadband and communication technologies.

In FY 2023, Tejas Networks invested approximately ₹100 crore in research and development activities. This investment underscores the company's dedication to fostering innovative solutions that enhance connectivity.

Core Component 2: High-Quality Products

Another critical component is the delivery of high-quality products. Tejas Networks emphasizes stringent quality control measures to ensure its products meet global standards.

For instance, the company's optical networking products have achieved certifications such as ISO 9001:2015 and have been deployed in over 60 countries. In 2023, the company reported that over 5 million ports of its optical products were shipped, showcasing the expansive reach and reliability of its solutions.

Core Component 3: Customer Satisfaction

The final core component relates to customer satisfaction. Tejas Networks is committed to understanding and addressing customer needs, providing tailored solutions to diverse markets.

According to the company’s annual report for FY 2023, they achieved a customer satisfaction rate of 95% based on feedback from key clients. The ongoing partnerships with telecom operators, including major players like Reliance Jio and Bharat Sanchar Nigam Limited (BSNL), further reinforce the company's emphasis on satisfying customer expectations.

Through these core components, Tejas Networks remains focused on its mission to enhance connectivity while ensuring the highest standards in innovation, product quality, and customer service. This approach positions the company as a leader in the telecommunications sector, reflecting its ongoing commitment to excellence and growth.

Vision Statement of Tejas Networks Limited

Vision Statement Overview

Tejas Networks Limited's vision statement for 2024 emphasizes its commitment to becoming a leading player in the telecommunications sector by enabling high-speed broadband and digital communication across India and globally. The company strives to innovate and provide advanced networking products that cater to the evolving needs of its customers.

Global Reach and Impact

Tejas Networks aims to enhance its global footprint by expanding its operations into various international markets. As of 2023, the company generated approximately 35% of its revenue from international sales. The target for 2024 is to increase this figure to 50%, thereby solidifying its presence in Europe, Africa, and the Middle East.

Innovation and Technology Leadership

Innovation is at the core of Tejas Networks’ vision. The company invests heavily in research and development, with R&D expenditures reaching 15% of total revenue in the fiscal year 2023. The goal for 2024 is to launch 5 new product lines that leverage next-generation technologies such as 5G and optical networking.

Sustainability and Corporate Responsibility

Tejas Networks is also committed to sustainability as part of its vision for 2024. The company has set a target to reduce carbon emissions by 30% over the next five years, with a current baseline year of 2022. This involves integrating eco-friendly practices in manufacturing and supply chain operations.

Customer-Centric Approach

The vision statement highlights a strong commitment to customer satisfaction. Tejas Networks aims to achieve a 90% customer satisfaction rate by the end of 2024, focusing on providing timely support and enhanced service delivery. As of the latest surveys, their current customer satisfaction rate stands at 85%.

Strategic Partnerships

Tejas Networks plans to forge strategic partnerships to enhance its service offerings. In 2023, the company entered into a partnership with a major telecom provider, which contributed to an additional INR 200 crores in revenue. The objective for 2024 is to secure three new partnerships that will further drive revenue growth.

Financial Performance Metrics

In 2023, Tejas Networks reported total revenues of INR 1,200 crores, with a net profit margin of 10%. The target for 2024 is set at INR 1,500 crores, aiming for a profit margin of 12%.

Core Values of Tejas Networks Limited

Innovation

Tejas Networks Limited has a strong commitment to innovation, which is evident in its continuous investment in research and development (R&D). In FY2023, the company allocated approximately 11% of its total revenue to R&D, amounting to around ₹129 crore. This funding supports the development of new products and technologies in the optical networking and broadband space.

The company launched several innovative products, including its 5G-ready optical transport solutions. These products have been pivotal in enhancing network capacity and efficiency, allowing telecom operators to optimize their infrastructure. In 2023, Tejas was awarded the “Best Innovation in Optical Networking” at the Global Telecoms Awards.

Customer Centricity

Customer centricity remains at the heart of Tejas Networks’ operations. The company has established a dedicated customer support system that boasts a customer satisfaction score of over 90% based on feedback from its telecom clients. Each product is tailored to meet specific customer needs, which has led to a 20% growth in the customer base over the last year.

In 2023, Tejas Networks launched a Customer Advisory Board comprising key clients to directly incorporate their feedback into product development. This initiative has significantly improved the development cycle and reduced time-to-market for new solutions.

Integrity

Integrity is a core value that Tejas Networks adheres to rigorously, evident through its transparent business practices. The company employs a strict code of conduct that applies to all employees. In its latest corporate governance report, Tejas reported a zero tolerance policy towards unethical behavior, with an incident response rate of 100% for reported cases.

In 2024, Tejas Networks achieved recognition as one of the “Most Ethical Companies” by the Ethics Institute, highlighting its commitment to ethical operational standards.

Collaboration

Tejas Networks places a high value on collaboration, both internally among teams and externally with partners. In 2023, the company formed strategic partnerships with leading global technology firms, enhancing its capability to deliver comprehensive solutions. This collaborative approach contributed to a 15% increase in project delivery efficiency.

The company also fosters a culture of teamwork within its workforce, having initiated several cross-functional projects that have successfully reduced product development timelines by approximately 25%.

Sustainability

Sustainability is a key principle guiding Tejas Networks’ operations. In 2023, the company reduced its carbon footprint by 30% through energy-efficient practices and the implementation of innovative manufacturing technologies. Tejas is working towards achieving net-zero emissions by 2030, aligning its goals with global sustainability targets.

Moreover, Tejas Networks launched a “Green Initiative” in 2023, which focuses on developing environmentally friendly products. This initiative has contributed to a 40% increase in sales of eco-friendly products, reflecting the growing market demand for sustainable technology solutions.