Black Box financials

Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹1,719cr+23.9% on Q1 FY26
Net profit
₹55.9cr+17.9% on Q1 FY26
EBITDA margin
9.3%+0.9 pts on Q1 FY26
EPS
₹3.15+12.5% on Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue1,7191,387+23.9%
EBITDA160116+37.5%
EBITDA margin9.3%8.4%+0.9 pts
Profit before tax61.145.2+35.2%
Net profit55.947.4+17.9%
EPS₹3.15₹2.80+12.5%

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹1,719 crNet profit₹55.9 crNet margin3.3%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
14,407————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
528528214214200
827827654397352
14,706————
6,6546,3225,9676,2826,288
—+5.9%−5.0%−0.1%—
614570530432279
9.2%9.0%8.9%6.9%4.4%
488454417318171
22621820513823.7
3.4%3.4%3.4%2.2%0.4%
₹12.73₹12.25₹11.54₹7.76₹1.34
—+6.2%+48.7%+481.0%—
—83.9−87.613418.1
—−69.1−44.4−50.7−98.3
14.914.9−13283.6−80.3
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

BBOX₹811.65

Black Box Ltd.

· Technology
₹ CrorePeersHFCLCAPILLARYAURIONPROCIGNITITECDATAMATICSHAPPSTMNDSMASTEKRATEGAINMcap ₹14,407 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————14,406.8
- Cash, Equiv & ST Investments199.9214.1213.8527.6527.6
+ Total Debt352.0397.3653.7827.0827.0
Enterprise Value————14,706.1
Revenue6,287.66,281.65,966.96,321.96,653.6
Growth %, YoY—-0.1-5.0+5.9—
EBITDA278.9432.5529.8570.0613.7
Margin %4.446.888.889.029.22
EBIT171.4318.1416.5453.7488.3
Net Income23.7137.7204.8217.5226.0
Margin %0.382.193.433.443.40
EPS, Adj (current shares)1.347.7611.5412.2512.73
Growth %, YoY—+481.0+48.7+6.2—
Cash from Operations18.1134.3-87.683.9—
Capital Expenditures-98.3-50.7-44.4-69.1—
Free Cash Flow-80.383.6-132.014.914.9
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Black Box financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

Black Box (NSE: BBOX) had a market capitalisation of ₹14,584 crore at the 29 October 2026 close (₹821.15 a share), a PE ratio of 64.5 on the last four quarters' profit and a price-to-book ratio of 11.33. In FY26 its consolidated net profit was ₹218 crore on revenue of ₹6,322 crore; in Q1 FY27 (April–June 2026) it was ₹55.9 crore, up 17.9% year on year. Its debt-to-equity ratio was 0.64 on 31 March 2026. Promoters held 69.95% of the shares on 30 September 2026.

Black Box Q1 FY27 results
filed 12 August 2026
Share price used
₹821.15 · 29 October 2026 close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026

Black Box at a glance · consolidated

Market cap
₹14,584 Crat ₹821.15 · 29 Oct close
PE ratio (last 4 quarters)
64.567.0 on FY26 profit
Price to book (PB)
11.33book value ₹72.46 a share
ROE (FY26)
21.3%−11.8 pts vs FY25ROCE 21.4%
Debt to equity
0.64net debt ₹287 Cr
Promoter holding
69.95%unchanged vs 30 Jun 202630 September 2026
Dividend yield
0.12%₹1 a share in 12 months
Net worth
₹1,287 Cr+69.6% vs 31 Mar 202531 March 2026
Free cash flow (FY26)
₹14.9 Cr

Questions

What is the Black Box PE ratio today?

Black Box's PE ratio is 64.5 at the 29 October 2026 close (₹821.15 a share): a market capitalisation of ₹14,584 crore divided by consolidated net profit of ₹226 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹218 crore) it is 67.0. These four quarters include net exceptional items of −₹69.2 crore (one-off charges reported separately), so the ratio on recurring profit would differ.

What is the Black Box PB ratio (price to book value)?

Black Box's price-to-book (PB) ratio is 11.33 at the 29 October 2026 close: a market capitalisation of ₹14,584 crore divided by shareholders' equity (book value) of ₹1,287 crore on 31 March 2026. That is a book value of ₹72.46 per share against a share price of ₹821.15.

What is the Black Box ROE and ROCE?

In FY26, Black Box's return on equity (ROE) was 21.3% and its return on capital employed (ROCE) was 21.4%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 33.0% and ROCE 28.4%.

What is the Black Box market cap?

Black Box's market capitalisation was ₹14,584 crore at the 29 October 2026 close: 17.76 crore shares at ₹821.15 each.

What is the Black Box EPS?

Black Box's basic earnings per share (EPS) were ₹12.78 in FY26, against ₹12.16 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹13.13.

What is the Black Box dividend in 2026 and its record date?

In 2026, Black Box has declared one dividend: ₹1 with record date 28 August 2026.

Is Black Box debt free?

No. Black Box had borrowings of ₹827 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.64. Its cash and current investments were ₹540 crore, so its net debt was ₹287 crore.

What is the Black Box debt to equity ratio?

Black Box's debt-to-equity ratio was 0.64 on 31 March 2026: borrowings of ₹827 crore against total equity of ₹1,287 crore. A year earlier, on 31 March 2025, it was 0.86.

What is the Black Box dividend yield?

Black Box's dividend yield is 0.12% at the 29 October 2026 close: dividends of ₹1 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹821.15. They were ₹1 on 28 August 2026.

What is the Black Box net worth?

Black Box's net worth — shareholders' equity in its consolidated balance sheet — was ₹1,287 crore on 31 March 2026, up 69.6% from ₹759 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹14,584 crore at the 29 October 2026 close.

What is the Black Box book value per share?

Black Box's book value per share was ₹72.46 on 31 March 2026: shareholders' equity of ₹1,287 crore divided by the 17.76 crore shares in issue, up 61.7% from ₹44.80 a year earlier. The share price at the 29 October 2026 close was ₹821.15.

What is the Black Box free cash flow?

In FY26, Black Box generated ₹83.9 crore of cash from operations and spent ₹69.1 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹14.9 crore. In FY25 it was −₹132 crore.

What is the Black Box promoter holding?

Promoters held 69.95% of Black Box on 30 September 2026, unchanged from the previous quarter and down 0.29 percentage points from 70.24% a year earlier, according to the shareholding pattern filed with NSE.

What are the Black Box latest quarterly results?

Black Box's latest results are for Q1 FY27 (April–June 2026), filed on 12 August 2026: consolidated net profit ₹55.9 crore, up 17.9% from ₹47.4 crore in Q1 FY26; revenue from operations ₹1,719 crore, up 23.9% year on year.

When are the Black Box next results?

Black Box has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.

What is the Black Box shareholding pattern?

On 30 September 2026, Black Box's shares were held by promoters 69.95%, foreign portfolio investors (FII/FPI) 3.78%, domestic institutions (DII) 3.33% (including mutual funds at 3.32%) and retail and other non-institutional investors 22.81%. Over the year, FII holding was down 0.44 percentage points from 4.22% and DII holding was up 3.29 percentage points from 0.04%.

How does the Black Box PE ratio compare with its peers?

At the 29 October 2026 closing prices, on FY26 net profit, Black Box's PE ratio is 67.0, the third highest of the four: HFCL 119.5, Capillary Technologies India 78.9 and Aurionpro Solution 15.0, a peer average of 71.1. Each is the company's market capitalisation at that price divided by its FY26 net profit.

Black Box vs HFCL: how do they compare?

In FY26, Black Box earned net profit of ₹218 crore on revenue of ₹6,322 crore, against ₹312 crore on ₹4,949 crore for HFCL. Black Box's operating margin was 7.2% (HFCL 12.2%) and its return on equity 21.3% (HFCL 6.9%). At the 29 October 2026 close, Black Box's market capitalisation was ₹14,584 crore against ₹37,259 crore for HFCL, and its PE ratio on FY26 profit 67.0 against 119.5.

What is the Black Box revenue and profit in FY26?

In FY26 (April 2025–March 2026), Black Box's consolidated net profit was ₹218 crore, up 6.2% from ₹205 crore in FY25, on revenue from operations of ₹6,322 crore (up 5.9%). Over three years, from FY23, net profit was up 817.9%.

How does Black Box compare with its peers?

On FY26 consolidated figures, against HFCL, Capillary Technologies India and Aurionpro Solution: Black Box's operating margin of 7.2% is the third highest of the four (HFCL 12.2%, Capillary Technologies India 2.4%, Aurionpro Solution 17.2%; peer average 10.6%); its return on equity of 21.3% is the highest of the four (HFCL 6.9%, Capillary Technologies India 5.1%, Aurionpro Solution 12.9%; peer average 8.3%).

Where do these Black Box figures come from?

From Black Box's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.