BLACK BOX LIMITED · CashKonnect

About

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 offers enterprise networking, data centers, digital workplace, connected buildings, and cyber security products; keyboard, video and mouse (KVM), cables, Internet of Things (IoT), and audio video products; and IP-led hardware and software offerings, including KVM switches, OEM-distributed equipment, and contract-manufactured solutions. It also provides connectivity infrastructure, including structured cabling and fiber connectivity, passive infrastructure and network pathways, MDF/IDF modernization, IoT/OT connectivity and physical security infrastructure, and campus and multi-site network infrastructure; and enterprise networking with local and wide area, cloud, and wireless and private LTE networks; customer and employee experience, and advisory and consulting services. 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 airports, broadcast, data center, education, financial services, 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, MCX AVoIP 10G 4K, and MediaCento AVoIP 1G HD/4K 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.

Key Metrics

as of Sep 2026

Market Cap12,650 Cr

P/E44.30

Div Yield0.14 %

Book Value₹72.50

52w High₹1,104.00

52w Low₹438.00

Face Value₹2.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	1,718.00	1,691.00	1,660.00	1,585.00	1,387.00	1,545.00	1,502.00	1,497.00	1,423.00	1,480.00	1,655.00	1,574.00	1,571.00
Expenses	1,559.00	1,527.00	1,513.00	1,442.00	1,271.00	1,402.00	1,368.00	1,365.00	1,309.00	1,355.00	1,541.00	1,476.00	1,484.00
Operating Profit	160.00	164.00	147.00	143.00	116.00	143.00	134.00	133.00	115.00	125.00	114.00	99.00	87.00
OPM %	9.00	10.00	9.00	9.00	8.00	9.00	9.00	9.00	8.00	8.00	7.00	6.00	6.00
Other Income	-15.00	-12.00	-21.00	-13.00	-11.00	-10.00	-12.00	-17.00	-14.00	-8.00	2.00	-5.00	-2.00
Depreciation	36.00	31.00	30.00	29.00	27.00	28.00	31.00	28.00	26.00	29.00	28.00	29.00	28.00
Interest	48.00	45.00	40.00	39.00	34.00	47.00	31.00	32.00	34.00	40.00	36.00	32.00	33.00
Profit before tax	61.00	76.00	57.00	61.00	45.00	58.00	59.00	55.00	40.00	47.00	52.00	33.00	24.00
Tax %	9.00	15.00	12.00	9.00	-5.00	-5.00	5.00	6.00	8.00	13.00	21.00	4.00	2.00
Net Profit	56.00	65.00	50.00	56.00	47.00	60.00	56.00	51.00	37.00	41.00	41.00	32.00	24.00
EPS in Rs	3.15	3.65	2.92	3.27	2.79	3.57	3.31	3.04	2.21	2.43	2.43	1.90	1.43

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	6,322.00	5,967.00	6,282.00	6,288.00	5,370.00	4,674.00	4,994.00	1,853.00	733.00	780.00	881.00	891.00
Expenses	5,765.00	5,429.00	5,855.00	6,014.00	5,112.00	4,310.00	4,666.00	1,806.00	700.00	747.00	876.00	867.00
Operating Profit	557.00	538.00	426.00	273.00	258.00	364.00	328.00	47.00	33.00	32.00	6.00	24.00
OPM %	9.00	9.00	7.00	4.30	4.80	8.00	7.00	2.50	4.50	4.20	0.70	2.70
Other Income	-44.00	-68.00	-14.00	-25.00	0.00	-75.00	-178.00	-67.00	19.00	13.00	7.00	38.00
Interest	158.00	145.00	141.00	111.00	74.00	98.00	132.00	45.00	25.00	26.00	27.00	26.00
Depreciation	116.00	113.00	114.00	107.00	99.00	96.00	92.00	15.00	8.00	7.00	8.00	18.00
Profit before tax	239.00	212.00	156.00	29.00	86.00	96.00	-73.00	-79.00	19.00	13.00	-22.00	18.00
Tax %	9.00	3.00	12.00	20.00	15.00	19.00	10.00	-1.00	22.00	18.00	55.00	16.00
Net Profit	218.00	205.00	138.00	24.00	73.00	78.00	-80.00	-79.00	15.00	10.00	-35.00	15.00
EPS in Rs	12.25	12.09	8.19	1.41	4.43	4.80	-5.38	-5.30	1.05	0.73	-2.43	1.04
Dividend Payout %	8.00	8.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	36.00	34.00	34.00	34.00	33.00	33.00	30.00	30.00	28.00	28.00	28.00	28.00
Reserves	1,251.00	725.00	447.00	262.00	228.00	174.00	-206.00	-11.00	47.00	41.00	25.00	58.00
Borrowings	1,153.00	942.00	712.00	628.00	481.00	328.00	596.00	808.00	158.00	173.00	177.00	161.00
Other Liabilities	1,854.00	1,371.00	1,607.00	2,078.00	1,911.00	1,768.00	1,886.00	1,605.00	346.00	346.00	393.00	385.00
Total Liabilities	4,294.00	3,072.00	2,800.00	3,002.00	2,652.00	2,303.00	2,306.00	2,432.00	580.00	589.00	623.00	633.00
Fixed Assets	883.00	769.00	808.00	794.00	732.00	622.00	557.00	399.00	114.00	111.00	109.00	90.00
CWIP	0.00	0.00	0.00	2.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.00	33.00	32.00	30.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	3,410.00	2,271.00	1,960.00	2,175.00	1,920.00	1,681.00	1,749.00	2,032.00	467.00	478.00	514.00	543.00
Total Assets	4,294.00	3,072.00	2,800.00	3,002.00	2,652.00	2,303.00	2,306.00	2,432.00	580.00	589.00	623.00	633.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	84.00	-88.00	129.00	13.00	95.00	303.00	1,137.00	-72.00	52.00	4.00	29.00	28.00
Cash from Investing Activity	33.00	-105.00	40.00	-56.00	-108.00	15.00	-382.00	-360.00	-5.00	-4.00	-21.00	77.00
Cash from Financing Activity	197.00	192.00	-155.00	-58.00	-43.00	-277.00	-645.00	629.00	-54.00	-11.00	-10.00	-100.00
Net Cash Flow	314.00	0.00	14.00	-102.00	-55.00	41.00	110.00	197.00	-7.00	-10.00	-2.00	5.00
Free Cash Flow	12.00	-129.00	134.00	32.00	45.00	285.00	1,081.00	-365.00	41.00	-5.00	20.00	24.00
CFO/OP %	20.00	-16.00	25.00	5.00	45.00	69.00	354.00	-98.00	126.00	31.00	629.00	109.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	67.00	35.00	22.00	24.00	25.00	19.00	26.00	170.00	104.00	97.00	90.00	101.00
Inventory Days	53.00	42.00	50.00	65.00	47.00	35.00	33.00	88.00	47.00	24.00	23.00	25.00
Days Payable	129.00	110.00	146.00	208.00	210.00	122.00	133.00	324.00	209.00	187.00	184.00	187.00
Cash Conversion Cycle	-10.00	-34.00	-74.00	-118.00	-137.00	-68.00	-73.00	-65.00	-59.00	-66.00	-71.00	-60.00
Working Capital Days	54.00	33.00	2.00	-13.00	-29.00	-43.00	-59.00	-5.00	-29.00	-61.00	-61.00	-40.00
ROCE %	22.00	30.00	31.00	20.00	26.00	58.00	39.00	7.00	13.00	12.00	1.00	4.00

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	69.95	69.99	70.11	70.24	70.35	70.53	70.60	71.06	71.06	71.09	71.14	71.14
FIIs	4.69	3.26	3.43	4.22	4.09	4.70	4.33	3.38	4.71	4.81	4.83	4.92
DIIs	3.41	2.99	2.46	0.04	0.03	0.03	0.02	0.02	0.01	0.01	0.01	0.01
Public	21.82	23.62	23.85	25.36	25.42	24.61	24.91	25.41	24.09	23.97	23.90	23.80
No. of Shareholders	72,559	73,638	81,639	88,065	78,709	64,210	60,198	55,997	26,206	16,647	16,394	16,847

Corporate Actions

30 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Dividend	29 Aug 2025	29 Aug 2025	—	1.00
Other	17 Sep 2024	—	—	—	Annual General Meeting
Other	22 Aug 2024	22 Aug 2024	—	—	E.G.M.
Other	22 Aug 2024	22 Aug 2024	—	—	Extra Ordinary General Meeting
Other	18 Sep 2023	—	—	—	Annual General Meeting
Other	18 Jul 2023	18 Jul 2023	—	—	E.G.M.
Other	18 Jul 2023	18 Jul 2023	—	—	Extra-Ordinary General Meeting
Other	16 Sep 2022	—	—	—	Annual General Meeting
Split	13 May 2022	17 May 2022	10:2	—
Other	18 Oct 2021	—	—	—	Annual General Meeting
Other	10 Nov 2020	—	—	—	Annual General Meeting
Other	18 Sep 2019	19 Sep 2019	—	—	Annual General Meeting
Other	24 Jul 2018	—	—	—	Annual General Meeting
Other	14 Sep 2017	—	—	—	Annual General Meteing
Other	20 Sep 2016	—	—	—	Annual General Meeting
Other	29 Jul 2015	—	—	—	Annual General Meeting
Other	30 Jul 2014	—	—	—	Annual General Meeting
Other	19 Aug 2013	—	—	—	Annual General Meeting
Bonus	19 Dec 2012	20 Dec 2012	1:1	—
Dividend	16 Jul 2012	—	—	5.00	NSE/BSE dividend mismatch: NSE=15.0; BSE=10.0; BSE=5.0
Dividend	16 Jul 2012	—	—	10.00	NSE/BSE dividend mismatch: NSE=15.0; BSE=10.0; BSE=5.0
Dividend	16 Jul 2012	—	—	15.00	NSE/BSE dividend mismatch: NSE=15.0; BSE=10.0; BSE=5.0
Dividend	08 Jul 2011	—	—	2.25
Dividend	29 Nov 2010	—	—	4.50
Dividend	04 Jan 2010	—	—	3.50
Dividend	02 Jan 2009	—	—	3.50	NSE/BSE dividend mismatch: NSE=0.7; BSE=3.5
Dividend	02 Jan 2009	—	—	0.70	NSE/BSE dividend mismatch: NSE=0.7; BSE=3.5
Dividend	26 Dec 2007	—	—	6.75
Dividend	05 Jul 2006	—	—	4.50
Other	21 Jun 2005	—	—	—	Agm//Div.-Rs.4.50/- Persh

Announcements

5 filings

Announcement under Regulation 30 (LODR)-Newspaper Publication
25 Aug 2026 25 Aug - Clippings of newspaper advertisement for dispatch of AGM Notice.
Business Responsibility and Sustainability Reporting (BRSR)
24 Aug 2026 24 Aug - Black Box submitted its FY 2025-26 Business Responsibility and Sustainability Report to BSE and NSE.
Notice Of Annual General Meeting 24 Aug
24 Aug 2026
Reg. 34 (1) Annual Report.
24 Aug 2026 24 Aug - Submitted FY2025-26 annual report; 40th AGM on September 16, 2026.
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
20 Aug 2026 20 Aug - Transcript of earnings call hosted on August 13, 2026.