Black Box Ltd.
NSE: BBOX · Telecom
Sector
Telecom
Size band
Small cap
Market cap
8,373cr
P/E
452.1
ROE
3.4%
Dividend yield
0.2%
No price is shown on this page, live or delayed. It records what management said on the earnings call, and the company’s filings.
Measured against
Peer set
Telecommunication - Equipment · largest 12 of 13 measured at Q1 FY27 · financials via Screener| Company | Operating margin | Revenue growth |
|---|---|---|
| Indus Towers Ltd. | 53.0% | 4.6% |
| Bharti Hexacom Ltd. | 53.0% | 10.9% |
| ITI Ltd. | 0.4% | −14.7% |
| HFCL Ltd. | 22.0% | 119.9% |
| Black Box Ltd. | 9.0% | 23.9% |
| Tejas Networks Ltd. | −25.0% | 99.0% |
| Tata Teleservices (Maharashtra) Ltd. | 55.0% | 6.3% |
| Avantel Ltd. | 24.8% | 35.7% |
| Optiemus Infracom Ltd. | 3.4% | 103.0% |
| Nelco Ltd. | 10.4% | 7.0% |
| GTL Infrastructure Ltd. | 44.0% | −2.4% |
| Vindhya Telelinks Ltd. | 12.0% | −20.8% |
What management said
11 statements on recordEarnings call · Q1 FY27 · 20 Aug 2026
- FY27 order backlog→US$ 1.3 billion to US$ 1.4 billion; growth of 65% to 75%· FY27 / March 31, 2027
“Our guidance for FY27 is as follows: order backlog, we should end on March 31, 2027 at US$ 1.3 billion to US$ 1.4 billion (inadvertently stated - US$1.4 billion to US$1.5 billion: to be ignored), which is a growth of 65% to 75%.”
- FY27 order bookings→US$1.3 billion to US$1.4 billion; growth between 32% to 45%· FY27
“Order bookings in the year, we should do between US$1.3 billion to US$1.4 billion, which is again a growth between 32% to 45% (inadvertently stated - 45% to 50%, to be ignored).”
- FY27 revenue→INR7,800 crores to INR8,000 crores; growth of 23% to 27%· FY27
“Revenue, we should do between INR7,800 crores to INR8,000 crores, which is a growth of 23% to 27%.”
- FY27 EBITDA→INR725 crores to INR750 crores; growth of 27% to 32%· FY27
“EBITDA, we should do between INR725 crores to INR750 crores (inadvertently stated - INR700 crores to INR725 crores: to be ignored), which is a growth of 27% to 32%.”
- FY27 EBITDA margin→9.3% to 9.4%; up by around 30 to 40 basis points· FY27
“EBITDA margins will range between 9.3% to 9.4%, which is again up by around 30 to 40 basis points.”
- FY27 profit after tax→INR300 crores to INR 325 crores; growth of 38% to 50%· FY27
“Profit after tax, we are expecting between INR300 crores to INR 325 crores (inadvertently stated - INR325 crores to INR350 crores: to be ignored), a growth of 38% to 50%.”
- Medium-term EBITDA margin→at or above a 10% EBITDA margin· Medium-term
“Our medium-term objective remains to consistently operate at or above a 10% EBITDA margin while maintaining healthy returns on capital.”
- Q4 EBITDA margin→10% and over / in that range or more· Q4 FY27
“So as we look at the overall year, we expect our -- as we move forward, our Q4 to be in that range or more.”
- Product business growth→20-odd percent / ballpark around 20% range· current year
“So our product business also, we're expecting in the current year to be able to grow in the range of 20-odd percent.”
- Non-hyperscale enterprise growth→modest double-digit 10% odd
“The non-hyperscale enterprise will grow at modest double-digit 10% odd.”
- FY30 revenue→INR18,000 crores or US$2 billion· FY30
“As we highlighted during our Capital Markets Day, our aspiration is to build Black Box into an INR18,000 crores or US$2 billion revenue company by FY30.”
Taken from management commentary on the company’s earnings call and quoted verbatim. These are statements of intent made by the company, not forecasts by Bharatstox, and nothing here records whether they were met.
On air
5 calls · outcomes not trackedRecorded as stated on air, with the analyst's SEBI registration status where it was given. Anchor calls carry no registration and are marked. Bharatstox does not make, endorse or repeat these calls, and none of them is our view.
| Channel & show | Aired | Stated target | Stated stop | Outcome |
|---|---|---|---|---|
| CNBC AwaazCNBC Awaax · no registration attached | 23 Sep | +10.1% | -0.5% | still open |
| CNBC AwaazCNBC Awaax · no registration attached | 22 Sep | +8.4% | -2.1% | still open |
| CNBC AwaazCNBC Awaax · no registration attached | 21 Sep | +6.7% | -3.6% | still open |
| CNBC AwaazCNBC Awaax · no registration attached | 15 Sep | +4.9% | -1.6% | still open |
| CNBC AwaazCNBC Awaax · no registration attached | 15 Sep | +5.1% | -1.4% | still open |
Shareholding
change across 4 filings| Category | Jun 26 | Mar 26 | Mar 26 | Dec 25 | Change |
|---|---|---|---|---|---|
| Promoters | 70.0 | 70.0 | 70.5 | 70.1 | −0.1 |
| Foreign institutions | 4.7 | 3.3 | 3.3 | 3.4 | +1.3 |
| Domestic institutions | 3.4 | 3.0 | 2.4 | 2.5 | +0.9 |
| Retail & others | 22.0 | 23.8 | 23.8 | 24.0 | −2.0 |
As filed with the exchange for the periods ending Dec 25 to Jun 26.
Filings
latest 25 of 287- Certificate under SEBI (Depositories and Participants) Regulations, 20187 Oct 2026
- Trading Window25 Sept 2026
- Analysts/Institutional Investor Meet/Con. Call Updates22 Sept 2026
- Please find enclosed herewith intimation with respect to the investors conference meeting.22 Sept 2026
- Copy of Newspaper Publication17 Sept 2026
- Please find enclosed herewith clippings of newspaper advertisement regarding the voting results conducted at the 40th AGM of the Company.17 Sept 2026
- Please find enclosed herewith Scrutinizer''s Report of the 40th AGM of the Company held on September 16, 202616 Sept 2026
- Shareholders meeting16 Sept 2026
- Shareholders meeting16 Sept 2026
- Please find enclosed herewith proceedings of the 40th AGM of the Company held on September 16, 2026.16 Sept 2026
- Analysts/Institutional Investor Meet/Con. Call Updates16 Sept 2026
- Please find enclosed herewith intimation with respect to the investors conference meeting.16 Sept 2026
- Analysts/Institutional Investor Meet/Con. Call Updates10 Sept 2026
- Please find enclosed herewith intimation with respect to the investors conference meeting.10 Sept 2026
- Updates4 Sept 2026
- Copy of Newspaper Publication25 Aug 2026
- Please find enclosed herewith clippings of newspaper advertisement for dispatch of AGM Notice.25 Aug 2026
- Please find enclosed herewith Annual Report of the Company for FY 2026.24 Aug 2026
- Please find enclosed herewith BRSR for the FY2026.24 Aug 2026
- Shareholders meeting24 Aug 2026
- Please find enclosed herewith notice of the Annual General Meeting of the Members of the Company scheduled to be held on September 16, 2026 through Video Conferencing24 Aug 2026
- Analysts/Institutional Investor Meet/Con. Call Updates20 Aug 2026
- Please find enclosed herewith transcript of earnings call hosted on August 13, 2026.20 Aug 2026
- Copy of Newspaper Publication14 Aug 2026
- Monitoring Agency Report13 Aug 2026
The 25 most recent of 287 filings we hold for BBOX, back to January 2024. Every filing, by day.
Disclaimer
Guidance is quoted from management commentary on quarterly earnings calls; the words are the company's own and the targets are theirs, not ours. Peer comparisons use quarterly financials sourced from Screener, with every company measured at the same fiscal quarter; the peer set is companies sharing the same industry classification, and comparisons are descriptive, not a ranking or a view. Broadcast calls are reproduced as stated on air, attributed, with the analyst's SEBI registration status where given; they are not our calls and not our view. Filings are reproduced as companies filed them to the NSE and BSE; Bharatstox does not verify, endorse or comment on their contents. This page is for informational and educational purposes only and does not constitute investment advice, research, or a recommendation to buy or sell any security. Investing in securities markets is subject to market risks. Read all related documents carefully before investing.