TCS got contract for 15000 crores…out of that about 50% has come to Tejas for supply of equipment.
Tejas mngt in the last concall has said that they will be supplying equipment for ITI too…so out of ITI contract of 5000 crores, Tejas may get 2400 crores order for equipment.
That will take the total 4G equipment order to 10000 crores…if they execute this in next 6 quarters, then quarterly topline should be 1830 crores…of course the Q2 will be when there will be some starting troubles…but from Q3/Q4 onwards the pace of execution will pick up and the peak execution will be in 2024 as they will start upgrading to 5G…after that there may be some good international orders for 4G and 5G
Next 18 months may be exciting time for Tejas investors…
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