| Revenue growth | Organic growth driven by $800M backlog; focus on $1.3B organic target. |
|---|---|
| Margins | EBITDA margin expanded 470bps since FY23 to 9%; targeting 10%+ FY27. |
| Order book | $800M backlog with transition to larger, multi-year strategic engagements. |
| Demand visibility | Strong sectoral tailwinds from AI adoption and hyperscale data center build-outs. |
| Management confidence | Balanced and aggressive; clear shift from 'survival' to 'scale' mode. |
Growth
EBITDA doubled to ₹570cr in FY26; order backlog surged 60% to $800M, providing high revenue visibility.
Outlook
Targeting $2B revenue by FY30 with 10%+ EBITDA margins through organic AI-led growth and strategic acquisitions.
Risks
Execution risk in scaling the specialized workforce; 62% of revenue skewed toward the final month of Q4.
Earnings Call filed with NSE, NSE: BBOX. Summary written with AI assistance from the document.
Black Box Ltd: key numbers
- Share price
- ₹888.40
- Market cap
- ₹15,778 Cr
- Revenue (annual)
- ₹6,322 Cr
- Net profit (annual)
- ₹217.5 Cr
- P/E (TTM)
- 69.8×Sector 21.8×
- Promoter holding
- 69.95%-0.04% QoQ
- FII holding
- 4.69%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Black Box Ltd
All →Black Box Annual General Meeting
Black Box Limited held its 40th Annual General Meeting on September 16, 2026. The meeting proceedings covered financial statement adoption, director reappointment, and dividend declaration.
Black Box Other Announcement
Black Box Ltd filed its quarterly shareholding pattern for the quarter ended December 31, 2025, in compliance with SEBI Regulation 31(1)(b) requirements.
Black Box Annual Report
Black Box Limited has submitted its Annual Report for FY 2025-26, including the Notice of the 40th Annual General Meeting, to the stock exchanges.
Black Box Business Update
Black Box Limited submitted its Business Responsibility and Sustainability Report for FY 2025-26. This filing details the company's sustainability performance and operational metrics per SEBI regulations.
Black Box Annual General Meeting
Black Box Ltd issued the notice for its 40th Annual General Meeting scheduled for September 16, 2026. The meeting will address financial statements, dividend declaration, and capital reclassification.
Black Box Earnings Call Transcript: Key Takeaways
Black Box reports record revenue driven by hyperscale data center demand, yet remains heavily reliant on a few strategic accounts and back-ended project execution for FY27 guidance.
- Call
- Guides 27% growth