Information Technology · NIFTY 500

Black Box Limited

NSEBBOX BSE500463 ISININE676A01027 SeriesEQ Listed on NSE · BSE

₹883.80 +15.60 (+1.80%) Updated 12 Nov, 6:47 pm IST

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Price, daily close+47.74% in a year

Today

Open: ₹880.00
Prev close: ₹868.20
Day high: ₹891.35
Day low: ₹868.40
Volume: 4.89 L
Value traded: ₹43.13 Cr
Upper circuit: ₹1,041.80
Lower circuit: ₹694.60
52W high: ₹1,103.00
52W low: ₹444.30
1 month: -5.32%
6 months: +2.90%

52W low52W high

Ratios

Key numbers

Worked out from the latest filings (Consolidated) and today's price. TTM = last four quarters.

Market cap₹15,696 Cr

P/E (TTM)67.78

P/B12.20

Book value / share₹72.46

EPS (TTM)₹13.04

ROE0.0%

Dividend yield0.11%

Dividend (12m)₹1.00 / share

Net margin (TTM)0.0%

Operating margin8.2%

Debt / equity0.64

Current ratio1.83

EV / EBITDA29.38

Sales growth (YoY qtr)+23.92%

Profit growth (YoY qtr)—

Sales CAGR 3Y+0.18%

Profit CAGR 3Y—

Shares17.76 Cr

Quarterly results

Results for each quarter

Last 12 quarters, consolidated, ₹ crore. Hover a bar to see the number.

Revenue and net profit

1,57432.0

Sep 23

1,6550.0

Dec 23

1,4800.0

Mar 24

1,42337.1

Jun 24

1,4970.0

Sep 24

1,5020.0

Dec 24

1,5450.0

Mar 25

1,3870.0

Jun 25

1,5850.0

Sep 25

1,6600.0

Dec 25

1,6910.0

Mar 26

1,7190.0

Jun 26

Revenue · QoQ (vs last quarter)

—+5.2%-11%-3.8%+5.2%+0.3%+2.9%-10%+14%+4.7%+1.9%+1.6%

Revenue · YoY (vs a year ago)

————-4.9%-9.3%+4.3%-2.6%+5.8%+11%+9.5%+24%

Net profit · QoQ (vs last quarter)

—-100%——-100%———————

Net profit · YoY (vs a year ago)

————-100%——-100%————

RevenueNet profitLine = trend

1.90

Sep 23

2.43

Dec 23

2.43

Mar 24

2.20

Jun 24

3.04

Sep 24

3.28

Dec 24

3.54

Mar 25

2.79

Jun 25

3.25

Sep 25

2.89

Dec 25

3.75

Mar 26

3.15

Jun 26

EPS (₹) · YoY (vs a year ago)

————+60%+35%+46%+27%+6.9%-12%+5.9%+13%

EPS (₹)Line = trend

₹ Cr	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
Revenue	1,574	1,655	1,480	1,423	1,497	1,502	1,545	1,387	1,585	1,660	1,691	1,719
Other income	6.4	11.2	0.8	1.1	1.0	1.4	1.5	1.7	0.9	1.2	2.1	3.8
Total income	1,581	1,667	1,481	1,424	1,498	1,503	1,546	1,388	1,586	1,661	1,693	1,722
Raw material	0.4	-0.1	-0.3	0.7	0.2	0.8	1.1	3.0	32.1	0.5	0.0	0.5
Purchases	475	461	287	339	410	515	536	476	748	570	545	496
Employee cost	636	628	635	604	603	552	520	532	549	587	572	656
Other expenses	365	390	405	360	329	301	329	266	318	337	363	378
Total expenses	1,533	1,606	1,425	1,369	1,423	1,431	1,472	1,331	1,510	1,582	1,603	1,642
Operating profit	87.4	105	116	99.4	114	120	131	104	129	125	150	141
OPM %	5.5%	6.3%	7.8%	7.0%	7.6%	8.0%	8.5%	7.5%	8.1%	7.5%	8.9%	8.2%
Finance cost	31.5	35.8	40.5	33.9	32.3	31.3	47.2	33.6	39.5	39.6	45.0	48.0
Depreciation	28.9	28.4	29.4	26.3	28.3	31.2	27.5	26.6	29.0	29.8	30.9	35.6
Exceptional items	-14.3	-9.4	-9.0	-15.3	-20.7	-13.4	-16.3	-12.6	-14.1	-21.9	-14.2	-18.9
Profit before tax	33.4	51.7	46.9	40.3	54.6	59.2	57.4	45.2	61.1	56.8	76.1	61.1
Tax	1.4	10.8	6.0	3.2	3.5	3.2	-2.7	-2.2	5.4	7.1	11.4	5.2
Net profit	32.0	40.9	40.9	37.1	51.1	56.1	60.5	47.4	55.7	49.7	64.8	55.9
Profit to shareholders	—	0.0	0.0	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
EPS (₹)	1.90	2.43	2.43	2.20	3.04	3.28	3.54	2.79	3.25	2.89	3.75	3.15

Profit & loss

Results for each year

8 financial years (April to March), consolidated, ₹ crore.

Sales, operating profit and net profit

1,853-26.60.0

FY19

4,9942430.0

FY20

4,6742780.0

FY21

5,3702520.0

FY22

6,2882270.0

FY23

6,2823930.0

FY24

5,9674640.0

FY25

6,3225070.0

FY26

Revenue · YoY (vs a year ago)

—+170%-6.4%+15%+17%-0.1%-5.0%+5.9%

RevenueOperating profitNet profitLine = trend

₹ Cr	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	1,853	4,994	4,674	5,370	6,288	6,282	5,967	6,322
Other income	6.4	33.0	11.1	6.4	21.6	19.2	5.0	6.0
Total expenses	1,865	4,854	4,516	5,268	6,227	6,105	5,695	6,026
Employee cost	624	1,895	1,825	2,146	2,681	2,501	2,279	2,241
Operating profit	-26.6	243	278	252	227	393	464	507
OPM %	-1.4%	4.9%	6.0%	4.7%	3.6%	6.3%	7.8%	8.0%
Finance cost	44.5	129	97.9	73.6	111	141	145	158
Depreciation	14.7	99.0	95.6	98.6	107	114	113	116
Profit before tax	-79.4	48.1	96.0	86.0	29.5	156	211	239
Tax	-0.6	7.0	17.9	13.3	5.8	18.7	7.1	21.6
Tax rate %	—	14.5%	18.6%	15.4%	19.5%	12.0%	3.4%	9.0%
Net profit	-78.8	41.1	78.1	72.7	23.7	138	205	218
Profit to shareholders	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net margin %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
EPS (₹)	-26.97	13.68	24.49	21.92	1.41	8.18	12.11	12.67

Balance sheet

Assets and debt

At each year end (and the latest half year), ₹ crore.

Equity, debt and assets

296352200

Mar 23

481397214

Mar 24

759654214

Mar 25

1,287827528

Mar 26

Shareholders' equity · YoY (vs a year ago)

—+62%+58%+70%

Shareholders' equityBorrowingsCashLine = trend

₹ Cr	Mar 23	Mar 24	Mar 25	Mar 26
Shareholders' equity	296	481	759	1,287
Long-term borrowings	305	362	633	797
Short-term borrowings	47.0	35.5	21.1	29.9
Total borrowings	352	397	654	827
Current liabilities	2,044	1,553	1,362	1,769
Fixed assets (PPE)	420	411	356	411
Inventories	362	246	210	323
Trade receivables	417	386	567	1,153
Cash & equivalents	200	214	214	528
Current assets	2,084	1,813	2,130	3,236
Total assets	3,002	2,777	3,072	4,294
Debt / equity	1.19	0.83	0.86	0.64

Cash flow

Cash coming in and going out

For each financial year, ₹ crore. Free cash flow = cash from operations minus spending on fixed assets.

Operating, investing and financing cash

171-147-42.8

FY22

18.119.5-63.5

FY23

134-0.7-155

FY24

-87.6-46.6192

FY25

83.9-56.9197

FY26

Operations · YoY (vs a year ago)

—-89%+644%-165%+196%

OperationsInvestingFinancingLine = trend

₹ Cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	171	18.1	134	-87.6	83.9
Cash from investing	-147	19.5	-0.7	-46.6	-56.9
Cash from financing	-42.8	-63.5	-155	192	197
Spent on fixed assets	-53.7	-73.4	-32.8	-8.1	-50.6
Free cash flow	117	-55.4	102	-95.7	33.4
Net cash flow	-19.2	-26.0	-21.4	58.0	224

Shareholding

Who holds the shares

Promoter and public holding at each quarter end, as filed with NSE.

Holding over time

71.1%Mar 24

71.1%Jun 24

71.1%Sep 24

70.6%Dec 24

70.5%Mar 25

70.4%Jun 25

70.2%Sep 25

70.1%Dec 25

70.5%Mar 26

70.0%Mar 26

70.0%Jun 26

70.0%Sep 26

Promoter & groupPublic

Latest (30 Sep 2026)

70.0%promoter

Promoter & group: 69.95%
Public (FIIs, mutual funds, retail…): 30.05%
Promoter change, last quarter: 0.00 pts

Dividends & news

Latest dividends and announcements

Dividends & corporate actions

Dividend - Re 1 Per ShareEx 28-Aug-2026
Dividend - Re 1 Per ShareEx 29-Aug-2025
Annual General MeetingEx 17-Sep-2024
Extra Ordinary General MeetingEx 22-Aug-2024
Annual General MeetingEx 18-Sep-2023
Extra-Ordinary General MeetingEx 18-Jul-2023
Annual General MeetingEx 16-Sep-2022
Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per ShareEx 13-May-2022

Board meetings

Black Box Limited has informed the Exchange about Board Meeting to be held on 13-Nov-2026 to inter-alia consider and approve the Unaudited Financial …13-Nov-2026
Black Box Limited has informed the Exchange about Board Meeting to be held on 13-Nov-2026 to inter-alia consider and approve the Unaudited Financial …13-Nov-2026
the financial results for the period ended September 30, 202613-Nov-2026
Black Box Limited has informed the Exchange about Board Meeting to be held on 12-Aug-2026 to inter-alia consider and approve the Unaudited Financial …12-Aug-2026
Black Box Limited has informed the Exchange about Board Meeting to be held on 12-Aug-2026 to inter-alia consider and approve the Unaudited Financial …12-Aug-2026

Filings with NSE

Analysts/Institutional Investor Meet/Con. Call Updates10 Nov
Analysts/Institutional Investor Meet/Con. Call Updates9 Nov
Copy of Newspaper Publication3 Nov
Certificate under SEBI (Depositories and Participants) Regulations, 20187 Oct
Trading Window25 Sep
Analysts/Institutional Investor Meet/Con. Call Updates22 Sep
Copy of Newspaper Publication17 Sep

Latest news

Black Box vs Netweb Technologies: Which is the Better Data Center Stock?Equitymaster · 10 Oct, 12:30 pm AI stock Black Box surges 9% after Q1 results, firm bags Rs 1,240 crore data centre order in USMoneycontrol.com · 13 Aug, 12:30 pm BBOX Forecast — Price Target — Prediction for 2027TradingView · 25 Jun, 8:58 pm Black Box shares gain most in 19 weeks amid market crash; more detailsBusiness Today · 7 Sep, 12:30 pm Black Box shares soar 9% on strong Q1 earnings, ₹1,240 crore US data centre win; all you need to knowUpstox · 13 Aug, 12:30 pm Black Box (NSEI:BBOX) Stock Forecast & Analyst PredictionsSimply Wall St · 30 Sep, 12:30 pm Watch | Black Box shares its AI, hyperscaler and growth outlook on ET Now - EssarEssar · 27 May, 4:36 pm RBA, Black Box, Tata Steel: Jatin Gedia shares 3 stock ideas for todayBusiness Standard · 8 Oct, 12:30 pm

About

About Black Box Limited

Black Box Corporation is an IT company headquartered in Texas, United States. The company provides technology assistance and consulting services to businesses in a variety of sectors including retail, transportation, government, education, and public safety. Black Box operates in 75 locations across 35 countries. In 2022, Black Box had more than 3,800 employees worldwide.

From Wikipedia (CC BY-SA 4.0).

Company details

Company name: Black Box Limited
NSE symbol: BBOX
BSE scrip code: 500463
ISIN: INE676A01027
Listed on: NSE, BSE
Series: EQ (normal equity)
Listed on NSE since: 22 Jul 2003
Face value: ₹2 per share
Market lot: 1 share
Shares issued: 17.76 crore
Index: NIFTY 500
Sector (NSE): Information Technology
Industry: Information Technology Services
Managing director / CEO: Sanjeev Verma
Chair: Dilip Thakkar
Headquarters: Lawrence
Registered address: 501, 5th Floor, Building No.9, Airoli Knowledge Park, MIDC 5. Corporate address Industrial Area, Airoli, Navi Mumbai - 400708
Founded: 1976
Employees: 3,427
Financial year: April to March
Results basis: Consolidated
Website: blackbox.com

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Prices from NSE via Upstox. Financials from the company's results filed with NSE (XBRL); ratios are our own working. Profile from global-stock-logos (MIT). For information only, not a recommendation to buy or sell.

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Black Box Limited

Today

Ratios

Quarterly results

Revenue and net profit

Profit & loss

Sales, operating profit and net profit

Balance sheet

Equity, debt and assets

Cash flow

Operating, investing and financing cash

Shareholding

Holding over time

Latest (30 Sep 2026)

Dividends & news

Dividends & corporate actions

Board meetings

Filings with NSE

Latest news

About

Company details

Peers