Anand Athreya, CEO & MD and Arnob Roy, COO & ED, Tejas Networks, in conversation with ET NOW. Though BSNL has given the biggest order, a significant amount of the order book is for other customers and for Tejas’ wireline products. The order book is mainly the business and tenders that they have won and which they have to execute. A good part of the business is run rate business which are purchase orders that come in a quarter and which are executed throughout the year in the next quarter.
In Q4, on a sequential basis, you have doubled your revenue. We do note that there is some benefit that has come in from the BSNL execution of that order. So, was the entire incremental sales owing to this execution of the order or were there any other factors that were coming into play?
Anand Athreya: Yes, we had strong revenue growth in Q4 and that is primarily driven by BSNL, but there are also other customers that we deliver to. So, in general, we executed very well across all of our product segments.
Even in the next three quarters when you are executing the BSNL order, can we expect a similar EBITDA margin run rate of 13% or do you think there is scope of further expansion?
Anand Athreya: We normally do not give guidance on margins, but we will always strive to build better products, cheaper and manage our expenses. So, yes, that is going to be the focus of the company.
I want to understand what is the overall outlook when it comes to