Black Box Ltd
Black Box Ltd (BBOX) last reported results for the quarter ended Jun 2026, with sales of ₹1,718 crore and net profit of ₹56 crore. The stock last traded at ₹892, a market capitalisation of ₹15,846 crore, on a P/E of 55.5. Over the past 52 weeks the stock has ranged between ₹444 and ₹1,104. Figures are as of 9 Oct 2026 and are not real time.
Black Box Ltd share price and key metrics
- Current price
- ₹892
- Market cap
- ₹15,846 cr
- Stock P/E
- 55.5
- Book value
- ₹72.5
- ROE
- 25.7%
- ROCE
- 21.6%
- Dividend yield
- 0.11%
- 52w high / low
- 1104/444
Metrics as of 9 Oct 2026. Not real time.
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Black Box Ltd growth and returns
- 10 Years
- 22%
- 5 Years
- 6%
- 3 Years
- 0%
- TTM
- 12%
- 10 Years
- 25%
- 5 Years
- 13%
- 3 Years
- 80%
- TTM
- 4%
- 10 Years
- 49%
- 5 Years
- 34%
- 3 Years
- 64%
- 1 Year
- 63%
- 10 Years
- %
- 5 Years
- 32%
- 3 Years
- 35%
- Last Year
- 26%
Black Box Ltd quarterly results
In the quarter ended Jun 2026, sales were ₹1,718 cr, up 23.9% from ₹1,387 cr a year earlier. Net profit was ₹56 cr, up 19.1% year on year.
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,497 | 1,502 | 1,545 | 1,387 | 1,585 | 1,660 | 1,691 | 1,718 |
| Expenses | 1,365 | 1,368 | 1,402 | 1,271 | 1,442 | 1,513 | 1,527 | 1,559 |
| Operating profit | 133 | 134 | 143 | 116 | 143 | 147 | 164 | 160 |
| OPM % | 9% | 9% | 9% | 8% | 9% | 9% | 10% | 9% |
| Other income | -17 | -12 | -10 | -11 | -13 | -21 | -12 | -15 |
| Interest | 32 | 31 | 47 | 34 | 39 | 40 | 45 | 48 |
| Depreciation | 28 | 31 | 28 | 27 | 29 | 30 | 31 | 36 |
| Profit before tax | 55 | 59 | 58 | 45 | 61 | 57 | 76 | 61 |
| Tax % | 6% | 5% | -5% | -5% | 9% | 12% | 15% | 9% |
| Net profit | 51 | 56 | 60 | 47 | 56 | 50 | 65 | 56 |
| EPS (₹) | 3.04 | 3.31 | 3.57 | 2.79 | 3.27 | 2.92 | 3.65 | 3.15 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
Black Box Ltd annual results
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 780 | 733 | 1,853 | 4,994 | 4,674 | 5,370 | 6,288 | 6,282 | 5,967 | 6,322 | 6,654 |
| Operating profit | 32 | 33 | 47 | 328 | 364 | 258 | 273 | 426 | 538 | 557 | 614 |
| OPM % | 4.2% | 4.5% | 2.5% | 7% | 8% | 4.8% | 4.3% | 7% | 9% | 9% | 9% |
| Net profit | 10 | 15 | -79 | -80 | 78 | 73 | 24 | 138 | 205 | 218 | 226 |
| EPS (₹) | 0.73 | 1.05 | -5.30 | -5.38 | 4.80 | 4.43 | 1.41 | 8.19 | 12.09 | 12.25 | 12.99 |
TTM is the trailing twelve months to the most recent quarter.
Black Box Ltd balance sheet
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 28 | 28 | 30 | 30 | 33 | 33 | 34 | 34 | 34 | 36 |
| Reserves | 41 | 47 | -11 | -206 | 174 | 228 | 262 | 447 | 725 | 1,251 |
| Borrowings | 173 | 158 | 808 | 596 | 328 | 481 | 628 | 712 | 942 | 1,153 |
| Other liabilities | 346 | 346 | 1,605 | 1,886 | 1,768 | 1,911 | 2,078 | 1,607 | 1,371 | 1,854 |
| Total liabilities | 589 | 580 | 2,432 | 2,306 | 2,303 | 2,652 | 3,002 | 2,800 | 3,072 | 4,294 |
| Fixed assets | 111 | 114 | 399 | 557 | 622 | 732 | 794 | 808 | 769 | 883 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 30 | 32 | 33 | 0 |
| Other assets | 478 | 467 | 2,032 | 1,749 | 1,681 | 1,920 | 2,175 | 1,960 | 2,271 | 3,410 |
| Total assets | 589 | 580 | 2,432 | 2,306 | 2,303 | 2,652 | 3,002 | 2,800 | 3,072 | 4,294 |
As reported by the company. Total assets equal total liabilities by construction.
Black Box Ltd cash flow
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 4 | 52 | -72 | 1,137 | 303 | 95 | 13 | 129 | -88 | 84 |
| Cash from investing | -4 | -5 | -360 | -382 | 15 | -108 | -56 | 40 | -105 | 33 |
| Cash from financing | -11 | -54 | 629 | -645 | -277 | -43 | -58 | -155 | 192 | 197 |
| Net cash flow | -10 | -7 | 197 | 110 | 41 | -55 | -102 | 14 | -0 | 314 |
| Free cash flow | -5 | 41 | -365 | 1,081 | 285 | 45 | 32 | 134 | -129 | 12 |
| CFO / operating profit | 31% | 126% | -98% | 354% | 69% | 45% | 5% | 25% | -16% | 20% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
Black Box Ltd operating ratios
| Per year | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 12% | 13% | 7% | 39% | 58% | 26% | 20% | 31% | 30% | 22% |
| Debtor days | 97 | 104 | 170 | 26 | 19 | 25 | 24 | 22 | 35 | 67 |
| Inventory days | 24 | 47 | 88 | 33 | 35 | 47 | 65 | 50 | 42 | 53 |
| Days payable | 187 | 209 | 324 | 133 | 122 | 210 | 208 | 146 | 110 | 129 |
| Cash conversion cycle | -66 | -59 | -65 | -73 | -68 | -137 | -118 | -74 | -34 | -10 |
| Working capital days | -61 | -29 | -5 | -59 | -43 | -29 | -13 | 2 | 33 | 54 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
Black Box Ltd shareholding pattern
Promoters held 69.95% at Jun 2026, broadly unchanged since Jun 2025. FIIs 4.69% and DIIs 3.41%.
| % held | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 71.06% | 70.60% | 70.53% | 70.35% | 70.24% | 70.11% | 69.99% | 69.95% |
| FIIs | 3.38% | 4.33% | 4.70% | 4.09% | 4.22% | 3.43% | 3.26% | 4.69% |
| DIIs | 0.02% | 0.02% | 0.03% | 0.03% | 0.04% | 2.46% | 2.99% | 3.41% |
| Government | 0.13% | 0.13% | 0.13% | 0.13% | 0.13% | 0.13% | 0.12% | 0.12% |
| Public | 25.41% | 24.91% | 24.61% | 25.42% | 25.36% | 23.85% | 23.62% | 21.82% |
| No. of shareholders | 55,997 | 60,198 | 64,210 | 78,709 | 88,065 | 81,639 | 73,638 | 72,559 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
Black Box Ltd corporate filings
- Pursuant to Reg 74(5) of SEBI (DP) Reg., 2018, please find enclosed herewith RTA certificate for the quarter ended September 30, 2026.Company Updatelow impact
- Closure of Trading WindowInsider Trading / SASTlow impact
Cruxal's analysis: Please find enclosed herewith intimation for closure of trading window for the purpose of…
Read the full analysis - Black Box Ltd announces upcoming investor conference meetingCompany Updatelow impact
Cruxal's analysis: Black Box Ltd has issued a formal intimation regarding an upcoming investor conference…
Read the full analysis - Black Box Limited Announces Successful Conclusion of 40th Annual General Meeting and Shareholder Approval of All ResolutionsCompany Updatelow impact
Cruxal's analysis: Black Box Limited has formally announced the successful conclusion of its 40th Annual…
Read the full analysis - Black Box Limited Announces Successful Conclusion of 40th AGM and Shareholder Approval of Key ResolutionsAGM/EGMlow impact
Cruxal's analysis: Black Box Limited has successfully concluded its 40th Annual General Meeting held on…
Read the full analysis - Black Box Limited concludes 40th Annual General Meeting; shareholders approve financial statements and dividend for FY 2025-26AGM/EGMlow impact
Cruxal's analysis: Black Box Limited has successfully concluded its 40th Annual General Meeting held on…
Read the full analysis - Black Box Ltd announces investor conference meetingCompany Updatelow impact
Cruxal's analysis: Black Box Ltd has issued a formal intimation regarding an upcoming investor conference…
Read the full analysis - Black Box Ltd announces upcoming investor conference meetingCompany Updatelow impact
Cruxal's analysis: Black Box Ltd has issued a formal intimation regarding an upcoming investor conference…
Read the full analysis - Black Box Limited Announces 40th Annual General Meeting (AGM) Scheduled for September 16, 2026Company Updatelow impact
Cruxal's analysis: Black Box Limited has issued a formal notice regarding its 40th Annual General Meeting…
Read the full analysis - Black Box Ltd files Annual Report for FY 2026Otherslow impact
Cruxal's analysis: Black Box Ltd has submitted its Annual Report for the financial year 2026 in compliance…
Read the full analysis - Black Box Ltd files Business Responsibility and Sustainability Report (BRSR) for FY2026Otherslow impact
Cruxal's analysis: Black Box Ltd has submitted its Business Responsibility and Sustainability Report (BRSR)…
Read the full analysis - Black Box Limited Announces 40th AGM, Final Dividend of INR 1 per share, and Capital RestructuringAGM/EGMmedium impact
Cruxal's analysis: Black Box Limited has scheduled its 40th Annual General Meeting for September 16, 2026…
Read the full analysis - Black Box Limited Reports Record Q1 FY27 Revenue of INR 1,719 Crore and Strong Order Backlog GrowthCompany Updatehigh impact
Cruxal's analysis: Black Box Limited delivered a strong performance in Q1 FY27, reporting its highest-ever…
Read the full analysis - Black Box Limited Reports Q1 FY27 Financial Results with Revenue of 1,718.50 croreCompany Updatemedium impact
Cruxal's analysis: Black Box Limited has released its unaudited financial results for the quarter ended June…
Read the full analysis - Black Box Ltd files Monitoring Agency Report for quarter ended June 30, 2026Company Updatelow impact
Cruxal's analysis: Black Box Ltd has submitted its Monitoring Agency Report for the quarter ended June 30…
Read the full analysis - Black Box Limited Discloses Audio Recording of Q1FY27 Earnings CallCompany Updatelow impact
Cruxal's analysis: Black Box Limited has formally submitted the audio recording of its Q1FY27 earnings call…
Read the full analysis - Black Box Limited Reports Strong Q1 FY27 Results with 24% YoY Revenue Growth and Robust Order BacklogCompany Updatehigh impact
Cruxal's analysis: Black Box Limited delivered its highest-ever quarterly revenue of 1,719 crore, marking a…
Read the full analysis - Black Box Ltd revises Code of Conduct under SEBI PIT RegulationsCompany Updatelow impact
Cruxal's analysis: Black Box Ltd has announced a revision to its Code of Conduct in compliance with the SEBI…
Read the full analysis - Black Box Limited secures major 1,240 crore data centre order from new U.S. Tier-1 hyperscalerCompany Updatehigh impact
Cruxal's analysis: Black Box Limited has announced a significant contract win valued at 1,240 crore (131…
Read the full analysis - Black Box Limited Reports Strong Q1 FY27 Results with Record Order Backlog of INR 8,986 Crore and 24% Revenue GrowthCompany Updatehigh impact
Cruxal's analysis: Black Box Limited delivered a robust performance for the quarter ended June 30, 2026…
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