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Earnings Call

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.

Highlights
Revenue growthFY26 revenue reached ₹6,322Cr.
MarginsEBITDA margin expanded +470 bps from FY23 to 9.0% in FY26.
Order book$792M backlog; $1B worth orders booked in FY26.
Demand visibilityStrong; order backlog grew 1.6x in 3 years to $792M.
Management confidenceHigh, supported by ₹425Cr promoter capital infusion.

Growth

FY26 revenue at ₹6,322Cr; EBITDA grew 106% vs FY23 to ₹570Cr; PAT growth 9x vs FY23.

Outlook

Aspiration for $2B revenue (~₹16,000Cr+) by FY30 via 10%+ EBITDA margins and inorganic engines.

Risks

Inflationary cost pressures, high competition in hyperscale DC, and execution risks in large-scale global projects.

Source

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

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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.