| 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
- ₹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.
More from Black Box Ltd
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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 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.
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- Key figure
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Black Box transcript details a transition to growth phase, targeting $2 billion revenue by FY30. Key drivers include AI data center build-outs and strategic enterprise partnerships.
Black Box Earnings Call: Key Takeaways
Black Box Capital Markets Day 2026 highlights a successful turnaround, achieving ₹6,322Cr revenue and 9.0% EBITDA margin in FY26. Strategy shifts from complexity to a global digital infrastructure platform.