TEJASNETNSENovember 18, 2025

Tejas Networks Limited

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l: TEJASNET Dear Sir/Madam, Re: Investors’ Presentation The Secretary BSE Limited P J Towers, Dalal Street, Mumbai – 400 001 BSE Scrip Code: 540595 Pursuant to our letter dated November 13,
1.7X
dwidth Services Fixed Broadband Deployed in 500+ Networks across 75+ Countries 2400+ Employees; 1.7X growth since FY23 Incumbent in all large public and private telcos in India 585+ patents filed
65%
Networks Satcom for Asset Tracking Global recognition for innovation and business excellence >65% employees in R&D; a leading R&D spender among public companies in India T e j a s N e t w o r k
1 Million
a l T e j a s N e t w o r k s C o n f i d e n t i a l 5 Global Footprint Tejas Global Presence 1 Million + Systems Shipped T e j a s N e t w o r k s C o n f i d e n t i a l 75 + Countries 500+ Networ
16X
PCBs in-house and ships to customers − 200,000+ sq. ft of production and warehousing facilities − 16X scale-up in daily shipment capacity in FY25 − Certified as per TL9000, ANSI and IEC standards Teja
rs 5
networks in the world ~4 PB data traffic carried daily 100,000+ cell sites 22+ Million subscribers 5G NSA upgradable Compact Rugged ~18 months Record delivery time 13,000+ Backhaul Routers T e j a
69%
uture Growth Number of Employees R&D Expense and Other Investments Global Patents Filed 2,424 69% 2,370 67% 1,980 1,417 64% 64% FY23 FY24 FY25 FY26 H1 Total Headcount R&D % 557 52
67%
Number of Employees R&D Expense and Other Investments Global Patents Filed 2,424 69% 2,370 67% 1,980 1,417 64% 64% FY23 FY24 FY25 FY26 H1 Total Headcount R&D % 557 529 587 404
64%
R&D Expense and Other Investments Global Patents Filed 2,424 69% 2,370 67% 1,980 1,417 64% 64% FY23 FY24 FY25 FY26 H1 Total Headcount R&D % 557 529 587 404 445 446 347
70%
29 587 404 445 446 347 259 74 135 FY23 FY24 FY25 FY23 FY24 FY25 FY26 H1 ▪ ~70% increase in overall Headcount since FY23 ▪ Gross R&D expense of ~1,200 Cr over FY23-FY25 ▪ ~70%
60%
ince FY23 ▪ Gross R&D expense of ~1,200 Cr over FY23-FY25 ▪ ~70% of total employees are in R&D (60%+ capitalized) Gross R&D Expense Capex (excl capitalized R&D) (1) ▪ 364 patents granted as of Q2-
200%
Growth in Connectivity Services ▪ Cellular IoT revenues to grow from $18bn to $30bn by 2030 ▪ 200% growth in VR devices by 2030 ▪ 8K video & XR will demand 300Mbps/1Gbps speeds ▪ AI traffic to
Guidance — 2 items
Notes
opening
Production Linked Incentive (PLI) Scheme Tejas Networks received ₹ 123 Cr as incentives under the Government of India’s PLI scheme for FY24 and ₹ 312 Cr for FY25 Preference to Make in India (PMI) Tejas is a Class-1 local supplier and the majority of our products are included in the PMI list published by DoT.
Notes
opening
No representation, warranty, guarantee or undertaking, express or implied, is or will be made as to, and no reliance should be placed on, the accuracy, completeness, correctness or fairness of the information, estimates, projections and opinions contained in this presentation.
Speaking time
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Opening remarks
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1. Capex calculated as payments for PPE and intangible assets less capitalized R&D/PD expenses (which are included in Gross R&D expenses) T e j a s N e t w o r k s C o n f i d e n t i a l T e j a s N e t w o r k s C o n f i d e n t i a l Growth Drivers and Strategy T e j a s N e t w o r k s C o n f i d e n t i a l Macro Trends favoring our Business Increase in Connected Devices & Content Greater Adoption of AI Growth in Connectivity Services ▪ Cellular IoT revenues to grow from $18bn to $30bn by 2030 ▪ 200% growth in VR devices by 2030 ▪ 8K video & XR will demand 300Mbps/1Gbps speeds ▪ AI traffic to cross non-AI traffic by 2031 ▪ Investment in data centers to reach $580 billion in 2025 ▪ 5G mobile subs to be more than 50% by 2029 ▪ 5-yr CAGR of 12.8% in FWA subscriptions from 2025-30 ▪ 1.9 billion fixed broadband users by 2030 Investments in Critical Infrastructure Policy Push for Indigenization in India Sources: Omdia, OECD, WBA, McKinsey, GSMA T e j a s N e t w o r k s C o n f i d e
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