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Earnings Call

Black Box Earnings Call: Key Takeaways

Black Box Limited achieved FY26 guidance with revenue of ₹6,322 cr and EBITDA of ₹570 cr, driven by AI-led digital infrastructure demand.

Why this was an Alfa AlertNot a filter event. Company met its FY26 guidance ranges for revenue, EBITDA, and PAT rather than exceeding them by >10%.
Highlights
Revenue growth6% YoY in FY26 to ₹6,322 crore.
MarginsEBITDA margin improved to 9.7% in Q4 vs 9.0% for FY26.
Order book$1bn+ bookings in FY26; Q4 bookings at $377mn.
Demand visibilityStrong; order backlog up 57% YoY to $792mn.
Management confidenceHigh; citing AI-driven infrastructure boom and multi-year investment cycles.

Growth

FY26 revenue grew 6% YoY; EBITDA up 7%; PAT up 6% to ₹218 cr. Order bookings crossed $1bn (+35% YoY).

Outlook

Order backlog at record $792mn. Guidance for 10%+ EBITDA margin by FY27-end. Brazil's 2S acquisition completed May 2026.

Risks

Exceptional items (Labour Code impact ₹6cr); high concentration in North America (65% revenue).

Source

Earnings Call filed with NSE, NSE: BBOX. Summary written with AI assistance from the document.

Read the document ↗

Black Box Ltd: key numbers

Share price
₹799.75
Market cap
₹14,204 Cr
Revenue (annual)
₹6,322 Cr
Net profit (annual)
₹217.5 Cr
P/E (TTM)
62.8×Sector 22.1×
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.

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Annual General Meeting

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.