TNTELE - T N Telecom.

📊 NSE: TNTELE 🏢 Cables - Telephone 📅 Last Updated: 12/14/2025 14:05

💰 Financial Performance

Revenue Growth by Segment

Revenue from operations for the manufacturing of Optical Fiber Cables was INR 0 in FY25, showing 0% growth compared to INR 0 in FY24.

Geographic Revenue Split

0% contribution from operations; the company is based in Chennai, Tamil Nadu, but reported no operational revenue for the period.

Profitability Margins

Net Profit Margin is not applicable due to zero revenue; however, the company reported a Net Loss of INR 15.48 Cr in FY25, a 5.9% increase in loss from INR 14.62 Cr in FY24.

EBITDA Margin

EBITDA is negative as total expenses reached INR 16.17 Cr against zero operational revenue; core profitability is severely impacted by finance costs which constitute 85% of total expenses.

Capital Expenditure

Property, Plant and Equipment was valued at INR 7.47 Cr as of March 31, 2025; Capital Work in Progress was reduced from INR 0.22 Lakhs to zero during the year.

Credit Rating & Borrowing

Borrowing costs are high with Finance Costs totaling INR 13.74 Cr in FY25, up 28.5% from INR 10.69 Cr in FY24; specific credit ratings were not disclosed.

⚙️ Operational Drivers

Raw Materials

Optical fiber and polymers are the primary materials for Optical Fiber Cables, though they represent 0% of current costs due to stalled production.

Capacity Expansion

Current installed capacity for Optical Fiber Cables is not specified; no planned expansion is mentioned as the company faces going concern issues.

Raw Material Costs

Inventory of finished goods and work-in-progress saw a change of INR 0.58 Cr (57,991 hundreds) in FY25; procurement is currently inactive.

Manufacturing Efficiency

Capacity utilization is 0% as the company reported zero revenue from operations.

Logistics & Distribution

0% of revenue as there were no operational sales recorded.

📈 Strategic Growth

Expected Growth Rate

Growth Strategy

The company currently lacks a growth strategy as it is struggling with a 'Going Concern' status; auditors noted that the management's assumption of going concern is inappropriate given the material uncertainties and negative reserves of INR 232.75 Cr.

Products & Services

Manufacturing and sale of Optical Fiber Cables for the Telecommunications sector.

Brand Portfolio

Tamilnadu Telecommunications Limited (TNTELE).

New Products/Services

No new product launches reported; operations are currently stagnant.

Market Expansion

No market expansion plans are currently active.

Market Share & Ranking

Not disclosed; the company is currently non-operational in its primary segment.

🌍 External Factors

Industry Trends

The industry is moving toward 5G and BharatNet expansions requiring high OFC volumes; however, TNTELE is currently unable to participate in this growth due to financial distress and an adverse audit opinion.

Competitive Landscape

The company is positioned in the competitive OFC manufacturing market but is currently inactive compared to operational peers.

Competitive Moat

No sustainable moat exists; the company has a negative net worth with reserves at INR -232.75 Cr and faces severe internal control weaknesses.

Macro Economic Sensitivity

Highly sensitive to telecom infrastructure spending and government policies on digital connectivity, though current impact is negated by lack of operations.

Consumer Behavior

Increasing demand for high-speed data and fiber-to-the-home (FTTH) is a positive trend for the product category, but the company cannot currently fulfill demand.

⚖️ Regulatory & Governance

Industry Regulations

The company failed to comply with Rule 3(1) of Companies (Accounts) Rules, 2004, regarding the maintenance of audit trails and edit logs in its accounting software.

Taxation Policy Impact

0% effective tax rate for FY25 as the company incurred significant losses.

Legal Contingencies

Pending litigations are disclosed in Notes 30, 38, 39, 42, and 44 of the financial statements; specific INR values for these contingencies were not provided in the summary.

⚠️ Risk Analysis

Key Uncertainties

100% risk regarding 'Going Concern' status; auditors identified material weaknesses in internal financial controls and non-recognition of financial assets/liabilities at fair value per Ind AS 109.