Company Overview
Black Box Limited provides information and communications technology solutions in India, the United States, and internationally. It operates through System Integration, Technology Product Solution, and Others segments. The company's product portfolio includes data centers, digital workplace, and connected buildings; keyboard, video and mouse (KVM), cables, Internet of Things (IoT), and audio video products; and IP-led hardware offerings under the Black Box brand, including KVM switches, OEM-distributed equipment, and contract-manufactured solutions. It also provides connectivity infrastructure, including fiber connectivity, physical security, surveillance, passive infrastructure, and structured cabling; enterprise networking with local and wide area, cloud, and wireless and private LTE networks; customer and employee experience, and advisory services; and cybersecurity solutions. In addition, the company offers application development and integration, field and dispatch, project and deployment, training, and consulting and design services; and managed services, such as staff augmentation, support, service desk, and X-as-a-service. It serves broadcast, data center, education, finance, government, healthcare, manufacturing and industrial, retail, transportation, utilities, power, oil and gas, workspaces, entertainment and leisure venues, military and defense, and public safety industries under the AlertWerks, Boxilla, ControlBridge, DKM 4K, Emerald, Freedom II KM, iCompel, MCX AVoIP 10G 4K, MediaCento AVoIP 1G HD/4K, Radian, and VideoPlex4000 brands. The company was formerly known as AGC Networks Limited and changed its name to Black Box Limited in November 2021. Black Box Limited was founded in 1976 and is based in Navi Mumbai, India.
Why Investors Should Care
Generates a return on equity of 16.9%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 15.7%.
Net profit has compounded at 109.4% per year over the last five years.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹6,321.85 Cr (+5.9% YoY); net profit ₹217.52 Cr.
- Trailing 12 Months Year-on-year growth — revenue +5.9%, earnings +6.2%.
- 5-Year Trend Long-term compounding — revenue CAGR 0.2%, profit CAGR 109.4%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 0.23% |
| 1 Year: | 5.95% |
Compounded Profit Growth
| 5 Years: | 109.37% |
| 1 Year: | 6.22% |
Stock Price Performance
| 1 Year: | +66.33% |
| 6 Months: | +69.51% |
| 3 Months: | +63.53% |
| 1 Month: | -12.94% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMAAbove
- RSI (14)38.06 · Neutral
P/E of 73.09 is above the sector median of 27.67 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Profit CAGR of 109.4% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading at a high P/E of 73.1.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | BBOX Black Box Limited NSETECH | 885.10 | 73.09 | ₹15,710.11 Cr | 0.11% | 15.71% | 16.90% | 0.23% | 109.37% |
| 2 | TCS Tata Consultancy Services Limited NIFTY50NSEAITECH | 2,173.50 | 15.98 | ₹7.86 L Cr | 3.14% | 54.93% | 45.89% | 5.80% | 5.30% |
| 3 | INFY Infosys Limited NIFTY50NSEAITECH | 1,084.40 | 1,355.50 | ₹4.40 L Cr | 4.68% | 41.66% | 33.85% | 3.44% | 3.58% |
| 4 | HCLTECH HCL Technologies Limited NIFTY50NSEAITECH | 1,176.30 | 18.35 | ₹3.19 L Cr | 8.25% | 27.21% | 22.14% | 8.65% | 3.87% |
| 5 | WIPRO Wipro Limited NIFTY50NSEAITECH | 175.97 | 14.01 | ₹1.85 L Cr | 9.69% | 17.85% | 14.91% | 0.78% | 5.16% |
| 6 | TECHM Tech Mahindra Limited NIFTY50NSEAITECH | 1,474.20 | 27.20 | ₹1.44 L Cr | 3.51% | 19.82% | 16.24% | 2.16% | -0.14% |
| 7 | LTM LTM Limited NSETECH | 4,076.50 | 24.10 | ₹1.21 L Cr | 1.86% | 25.39% | 20.89% | 8.43% | 4.41% |
| 8 | LGEINDIA LG ELECTRONICS INDIA LTD NIFTY_MIDNSETECH | 1,535.10 | 61.82 | ₹1.04 L Cr | 0.00% | 27.64% | 21.98% | 0.98% | - |
| 9 | OFSS Oracle Financial Services Software Limited NIFTY_MIDNSEAITECH | 11,729.00 | 38.82 | ₹1.02 L Cr | 5.71% | 43.24% | 33.72% | 10.42% | 13.48% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,682.00 Cr | 1,571.00 Cr | 1,574.00 Cr | 1,655.00 Cr | 1,480.00 Cr | 1,423.00 Cr | 1,497.00 Cr | 1,502.00 Cr | 1,544.58 Cr | 1,386.74 Cr | 1,584.59 Cr | 1,659.58 Cr | 1,690.94 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 1,307.10 Cr | 1,192.91 Cr | 1,318.12 Cr | 1,389.14 Cr | 1,374.08 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 237.48 Cr | 193.83 Cr | 266.47 Cr | 270.44 Cr | 316.86 Cr |
| Operating Expenses | 1,585.00 Cr | 1,484.00 Cr | 1,476.00 Cr | 1,541.00 Cr | 1,355.00 Cr | 1,309.00 Cr | 1,365.00 Cr | 1,368.00 Cr | 122.18 Cr | 115.60 Cr | 152.17 Cr | 148.90 Cr | 190.55 Cr |
| Operating Income | 66.00 Cr | 59.00 Cr | 70.00 Cr | 86.00 Cr | 96.00 Cr | 89.00 Cr | 105.00 Cr | 103.00 Cr | 115.30 Cr | 78.23 Cr | 114.30 Cr | 121.54 Cr | 126.31 Cr |
| EBITDA | 97.00 Cr | 87.00 Cr | 99.00 Cr | 114.00 Cr | 125.00 Cr | 115.00 Cr | 133.00 Cr | 134.00 Cr | 132.53 Cr | 105.34 Cr | 129.52 Cr | 126.19 Cr | 152.08 Cr |
| Interest Expense | 34.00 Cr | 33.00 Cr | 32.00 Cr | 36.00 Cr | 40.00 Cr | 34.00 Cr | 32.00 Cr | 31.00 Cr | 47.22 Cr | 33.58 Cr | 39.46 Cr | 39.58 Cr | 45.02 Cr |
| Pretax Income | 19.00 Cr | 24.00 Cr | 33.00 Cr | 52.00 Cr | 47.00 Cr | 40.00 Cr | 55.00 Cr | 59.00 Cr | 57.78 Cr | 45.20 Cr | 61.03 Cr | 56.77 Cr | 76.14 Cr |
| Tax Provision | -3.61 Cr | 48.00 L | 1.32 Cr | 10.92 Cr | 6.11 Cr | 3.20 Cr | 3.30 Cr | 2.95 Cr | -2.69 Cr | -2.23 Cr | 5.38 Cr | 7.09 Cr | 11.38 Cr |
| Net Income | 23.00 Cr | 24.00 Cr | 32.00 Cr | 41.00 Cr | 41.00 Cr | 37.00 Cr | 51.00 Cr | 56.00 Cr | 60.47 Cr | 47.43 Cr | 55.65 Cr | 49.68 Cr | 64.76 Cr |
| Diluted EPS | 1.38 | 1.43 | 1.90 | 2.43 | 2.43 | 2.21 | 3.04 | 3.31 | 3.54 | 2.79 | 3.25 | 2.89 | 3.75 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 891.00 Cr | 881.00 Cr | 780.00 Cr | 733.00 Cr | 1,853.00 Cr | 4,994.00 Cr | 4,674.00 Cr | - | 6,277.70 Cr | 6,268.30 Cr | 5,966.91 Cr | 6,321.85 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 5,601.60 Cr | 5,419.60 Cr | 5,013.77 Cr | 5,274.25 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 676.10 Cr | 848.70 Cr | 953.14 Cr | 1,047.60 Cr |
| Operating Expenses | 867.00 Cr | 876.00 Cr | 747.00 Cr | 700.00 Cr | 1,806.00 Cr | 4,666.00 Cr | 4,310.00 Cr | - | 497.39 Cr | 530.29 Cr | 528.98 Cr | 607.22 Cr |
| Operating Income | 6.00 Cr | -2.00 Cr | 25.00 Cr | 25.00 Cr | 32.00 Cr | 236.00 Cr | 268.00 Cr | - | 178.71 Cr | 318.41 Cr | 424.16 Cr | 440.38 Cr |
| EBITDA | 24.00 Cr | 6.00 Cr | 32.00 Cr | 33.00 Cr | 47.00 Cr | 328.00 Cr | 364.00 Cr | - | 179.81 Cr | 319.02 Cr | 469.86 Cr | 513.13 Cr |
| Interest Expense | 26.00 Cr | 27.00 Cr | 26.00 Cr | 25.00 Cr | 45.00 Cr | 132.00 Cr | 98.00 Cr | - | 42.88 Cr | 48.29 Cr | 144.72 Cr | 157.64 Cr |
| Pretax Income | 18.00 Cr | -22.00 Cr | 13.00 Cr | 19.00 Cr | -79.00 Cr | -73.00 Cr | 96.00 Cr | - | 29.45 Cr | 156.39 Cr | 211.86 Cr | 239.14 Cr |
| Tax Provision | 2.88 Cr | -12.10 Cr | 2.34 Cr | 4.18 Cr | 79.00 L | -7.30 Cr | 18.24 Cr | - | 5.75 Cr | 18.72 Cr | 7.08 Cr | 21.62 Cr |
| Net Income | 15.00 Cr | -35.00 Cr | 10.00 Cr | 15.00 Cr | -79.00 Cr | -80.00 Cr | 78.00 Cr | - | 23.70 Cr | 137.67 Cr | 204.78 Cr | 217.52 Cr |
| Diluted EPS | 1.04 | -2.43 | 0.73 | 1.05 | -5.30 | -5.38 | 4.80 | 4.38 | 1.41 | 8.18 | 12.11 | - |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 633.00 Cr | 623.00 Cr | 589.00 Cr | 580.00 Cr | 2,432.00 Cr | 2,306.00 Cr | 2,303.00 Cr | - | 3,002.33 Cr | 2,800.46 Cr | 3,072.14 Cr | 4,293.70 Cr |
| Current Assets | - | - | - | - | - | - | - | - | 2,026.34 Cr | 1,836.66 Cr | 2,130.35 Cr | 3,236.20 Cr |
| Cash & Equivalents | - | - | - | - | - | - | - | - | 199.80 Cr | 213.93 Cr | 197.83 Cr | 527.61 Cr |
| Inventory | - | - | - | - | - | - | - | - | 362.00 Cr | 246.39 Cr | 209.69 Cr | 322.95 Cr |
| Receivables | - | - | - | - | - | - | - | - | 421.05 Cr | 386.33 Cr | 567.11 Cr | 1,153.43 Cr |
| Total Liabilities | - | - | - | - | - | - | - | - | 2,706.31 Cr | 2,319.54 Cr | 2,313.40 Cr | 3,006.79 Cr |
| Current Liabilities | - | - | - | - | - | - | - | - | 2,043.52 Cr | 1,576.45 Cr | 1,361.66 Cr | 1,768.80 Cr |
| Long Term Debt | - | - | - | - | - | - | - | - | 304.97 Cr | 361.83 Cr | 632.56 Cr | 797.03 Cr |
| Total Debt | 161.00 Cr | 177.00 Cr | 173.00 Cr | 158.00 Cr | 808.00 Cr | 596.00 Cr | 328.00 Cr | - | 628.05 Cr | 712.25 Cr | 942.09 Cr | 1,153.00 Cr |
| Total Equity | 86.00 Cr | 53.00 Cr | 69.00 Cr | 75.00 Cr | 19.00 Cr | -176.00 Cr | 207.00 Cr | - | 296.02 Cr | 480.92 Cr | 758.74 Cr | 1,286.91 Cr |
| Shares Outstanding | - | - | - | - | - | - | - | - | 16.79 Cr | 16.80 Cr | 16.93 Cr | 17.75 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 28.00 Cr | 29.00 Cr | 4.00 Cr | 52.00 Cr | -72.00 Cr | 1,137.00 Cr | 303.00 Cr | - | 13.04 Cr | 129.45 Cr | -87.61 Cr | 83.95 Cr |
| Investing Cash Flow | 77.00 Cr | -21.00 Cr | -4.00 Cr | -5.00 Cr | -360.00 Cr | -382.00 Cr | 15.00 Cr | - | 19.30 Cr | 69.00 L | -46.56 Cr | -56.85 Cr |
| Financing Cash Flow | -100.00 Cr | -10.00 Cr | -11.00 Cr | -54.00 Cr | 629.00 Cr | -645.00 Cr | -277.00 Cr | - | -58.49 Cr | -154.99 Cr | 192.15 Cr | 196.59 Cr |
| Capital Expenditure | -4.00 Cr | -9.00 Cr | -9.00 Cr | -11.00 Cr | -293.00 Cr | -56.00 Cr | -18.00 Cr | - | -98.52 Cr | -50.72 Cr | -44.38 Cr | -72.15 Cr |
| Free Cash Flow | 24.00 Cr | 20.00 Cr | -5.00 Cr | 41.00 Cr | -365.00 Cr | 1,081.00 Cr | 285.00 Cr | - | -85.48 Cr | 78.73 Cr | -131.99 Cr | 11.80 Cr |
| Net Change in Cash | 5.00 Cr | -2.00 Cr | -10.00 Cr | -7.00 Cr | 197.00 Cr | 110.00 Cr | 41.00 Cr | - | -26.15 Cr | -24.85 Cr | 57.98 Cr | 223.69 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | 10.8% | 13.5% | 16.0% | 16.6% |
| Operating Margin % | 0.7% | -0.2% | 3.2% | 3.4% | 1.7% | 4.7% | 5.7% | - | 2.8% | 5.1% | 7.1% | 7.0% |
| Net Margin % | 1.7% | -4.0% | 1.3% | 2.0% | -4.3% | -1.6% | 1.7% | - | 0.4% | 2.2% | 3.4% | 3.4% |
| ROE % | 17.4% | -66.0% | 14.5% | 20.0% | -415.8% | 45.5% | 37.7% | - | 8.0% | 28.6% | 27.0% | 16.9% |
| ROCE % | - | - | - | - | - | - | - | - | 18.6% | 26.0% | 24.8% | 17.4% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for BBOX
Black Box Ltd (BOM:500463) Q3 2026 Earnings Call Highlights: Strong Revenue Growth Amid Supply ...
Despite facing supply chain constraints, Black Box Ltd (BOM:500463) reports robust revenue growth and strategic expansion plans, including a key acquisition in Brazil.
Black Box Names Sameer Batra as Chief Business Officer to accelerate International Markets Growth
Black Box (BSE: 500463) (NSE: BBOX), a global digital infrastructure solutions provider, today announced the appointment of Sameer Batra as Chief Business Officer for the Global Systems Integration (GSI) business covering India and Internat…
Black Box Appoints Suman Roy to Lead European Growth and Strengthen Customer Engagement
Black Box, a global digital infrastructure solutions provider, today announced the appointment of Suman Roy as Senior Vice President for Europe. This appointment underscores the company's strong commitment to accelerate its growth in Europe…
Black Box Partners with Wind River to Accelerate Edge and Cloud Innovation Globally
Black Box® (BSE: 500463) (NSE: BBOX), a leading provider of digital infrastructure solutions, today announced a global strategic partnership with Wind River, an Aptiv company and global leader in intelligent edge software, to deliver next-g…
BBOX — Frequently Asked Questions
What is the current share price of Black Box Limited (BBOX)?
As of 2026-07-16 05:21 IST, Black Box Limited (BBOX) trades at ₹885.10 on NSE. Its 52-week range is ₹444.50 to ₹1,078.20.
What is the market capitalisation of BBOX?
Black Box Limited (BBOX) has a market capitalisation of ₹15,710.11 Cr on NSE.
What is the P/E ratio of BBOX?
BBOX trades at a trailing price-to-earnings (P/E) ratio of 73.09. The industry average P/E is 27.67. Its price-to-book (P/B) ratio is 12.40.
Does BBOX pay a dividend?
Black Box Limited (BBOX) currently offers a dividend yield of 0.11%.
What is the return on equity (ROE) of BBOX?
BBOX has a return on equity (ROE) of 16.90%. Its return on capital employed (ROCE) is 15.71%.
Is BBOX a good stock to buy?
This page provides a data-driven analysis of Black Box Limited (BBOX), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.