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Investor Presentation

Black Box Investor Presentation: Key Takeaways

Black Box reported record Q1 FY27 revenue driven by AI-led infrastructure demand and the '2S' acquisition in Brazil.

Guidance and delivery
Management target Revenue 27.0% FY27
Highlights
Revenue growth24% YoY increase in Q1.
MarginsMargins improving; targeting 10% EBITDA margin by end of FY27.
Order book$949 mn backlog, up 28% QoQ; $339 mn new bookings.
Demand visibilityStrong; order backlog at $949 mn provides multi-year visibility.
Management confidenceHigh; citing strong momentum and all-time high backlog.

Growth

Revenue up 24% YoY to ₹1,719 Cr; EBITDA up 38% YoY with margins expanding 90bps to 9.3%.

Outlook

FY27 revenue guidance of ₹7,800-8,000 Cr; aiming for $2bn revenue by FY30 via organic and inorganic growth.

Risks

Higher exceptional items and finance costs; Q1 typically a seasonally softer quarter.

Last quarter's promises, checked

Delivered

  • Targeting ~9% EBITDA margin → delivered 9.3% (= BEAT)
  • Revenue growth trajectory → delivered 24% YoY increase (= BEAT)
  • Growing order backlog → delivered $949mn vs $800mn (= BEAT)

Partly delivered

  • Targeting 10% EBITDA margin → delivered 9.3% (= PARTIAL)
Source

Investor Presentation filed with NSE, NSE: BBOX. Summary written with AI assistance from the document.

Read the document ↗

Black Box Ltd: key numbers

Share price
₹887.20
Market cap
₹15,757 Cr
Revenue (annual)
₹6,322 Cr
Net profit (annual)
₹217.5 Cr
P/E (TTM)
69.7×Sector 23.6×
Promoter holding
69.95%+0.00% QoQ
FII holding
3.78%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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