- Total income
- ₹5,936 Cr
- Profit
- ₹205 Cr

Black Box
About Black Box
Black Box is a publicly listed company based in Plano (United States) founded in 1976, and was acquired by AGC Networks in November 2018. It operates as a data center equipment is supplied for enterprise operations optimization. It operates on a X-as-a-Service (XaaS), Managed Services, and Professional Services model. The company has 3,440 employees. Black Box has completed 11 acquisitions, including Cloudium Systems, Delaney's Electric and Dragonfly Technologies. Its chief executive is Sanjeev Verma. Its website blackbox.com draws about 203 thousand monthly visits. Its Indian entity Black Box Limited reported revenue of ₹382 Cr. Black Box offers products and services including KVM Solutions, Audio-Visual Integration, and Connectivity Infrastructure. Its focus areas include IT Services, Network Solutions, Hardware and Connectivity Products. Its competitors include UST, NTT DATA, Hewlett Packard Enterprise, Cisco and Globant and 4 more; 3 of its 9 listed competitors have raised funding.
Company details
Black Box is established as a leading provider of IT products and network solutions worldwide. Services and products are offered across various sectors including financial services, technology, healthcare, retail, public services, and manufacturing. Solutions such as connectivity infrastructure, data center support, enterprise networking, modern workplace tools, and cybersecurity are provided. Operations are conducted in regions like the United States, Europe, India, Asia Pacific, Middle East, and Latin America. Emphasis is placed on sustainable and responsible business practices, with a commitment to diversity, equity, and inclusion in the workplace.
Black Box is ranked #399 on the Fortune India 500 (2025).
Recognitions & Rankings of Black Box
- Headquarters Plano, United States
- Employees 3,440
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website blackbox.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by AGC Networks (Nov 2018)
- Legal Name Black Box Limited
- Market Cap₹15,885 Cr
BBOX · NSE
- Share Price₹896.80
+0.26% today
- Revenue₹6,322 Cr
FY 2025-26 · +6.0% YoY
- EBITDA₹494 Cr
Margin 7.8%
- Net Profit₹262 Cr
FY 2025-26 · -4.3% YoY
- P/E (TTM)55.6x
P/B 12.3x
- ROE25.7%
ROCE 20.3%
- Debt / Equity1.02
Interest cover 41.8x
- Investors
- Employee Count3,440
- Investments & AcquisitionsCloudium Systems
& 10 more
- Acquired byAGC Networks
(Nov 2018)
Associated legal entities of Black Box
Black Box is associated with 2 registered companies on The Company Check; the primary company is Black Box Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Black Box Limited Listed CIN L32200MH1986PLC040652 | Active | 19 Aug 1986 | Navi Mumbai, Maharashtra | ₹382 Cr | 353 | 9 | View details |
| Black Box Network Services India Private Limited CIN U51101MH2013FTC242517 | Active | 25 Apr 2013 | Navi Mumbai, Maharashtra | ₹134 Cr | 578 | 3 | View details |
Products & Services of Black Box
Black Box offers a comprehensive portfolio of products and services, including KVM Solutions, Audio-Visual Integration, and Connectivity Infrastructure.
KVM solutions are provided for secure desktop connectivity.
Audio-visual integration is offered for enhanced workplace communication.
Connectivity infrastructure is delivered for robust network systems.
Apps and channels of Black Box
its YouTube channel Black Box has 332 subscribers and 30 videos.
Videos from Black Box
The most watched videos on Black Box's YouTube channel, Black Box (332 subscribers). Click a video to play it here.
More on Black Box.
Investors in Black Box
Black Box has secured backing from 1 investor. Prominent investors backing the company include AGC Networks.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Managed IT services are provided globally by AGC Networks. | 1986 | agcnetworks.com | Mumbai, India |
Investor details for Black Box
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Black Box Limited (Black Box)
Black Box Limited is the primary company behind Black Box. The boards of the 2 registered companies of Black Box currently have 10 directors; the longest-serving is Sanjeev Shekhar Verma, appointed in 2014. 47 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sanjeev Shekhar Verma DIN 06871685 | Whole-time director | 15 May 2014 | 12 yrs 5 mo | Black Box Limited |
| Dilip Jayantilal Thakkar DIN 00007339 | Director | 08 Feb 2018 | 8 yrs 8 mo | Black Box Limited |
| Naresh Lakshman Singh Kothari DIN 00012523 | Director | 17 Jan 2019 | 7 yrs 9 mo | Black Box Limited |
| Prasad Radhakrishnan Subramaniam DIN 08400016 | Director | 03 Apr 2019 | 7 yrs 6 mo | Black Box Network Services India Private Limited |
| Deepak Kumar Bansal DIN 07495199 | Whole-time director | 14 Aug 2019 | 7 yrs 2 mo | Black Box Limited |
| Anshuman Shashikant Ruia DIN 00008501 | Director | 10 Sep 2020 | 6 yrs 1 mo | Black Box Limited |
| Neha Nagpal DIN 08842400 | Director | 10 Sep 2020 | 6 yrs 1 mo | Black Box Limited |
| Sanjeev Kumar Gupta DIN 07105549 | Director | 09 Sep 2022 | 4 yrs 1 mo | Black Box Network Services India Private Limited |
| Daina Jayaprakash Nair DIN 10453378 | Director | 05 Jan 2024 | 2 yrs 9 mo | Black Box Network Services India Private Limited |
| Munesh Narinder Khanna DIN 00202521 | Director | 13 Aug 2024 | 2 yrs 2 mo | Black Box Limited |
People of Black Box
385 people are tracked at Black Box (96 in leadership, 289 in team); the tracked headcount is 3,440.
| Name | Role | Group |
|---|---|---|
| CEO | Leadership | |
Janna Valencia | Vice President - Sales, Vertical Head (consumer & Public) | Leadership |
Ron Beckman | Senior Vice President, Chief Information Officer | Leadership |
Brian Szep | Director Of Product And Solutions Architecture | Leadership |
Bruce Inskeep | Director, Strategic Accounts | Leadership |
Stephen Murnane | Sales Director | Leadership |
Becky Sorenson | Vice President & General Manager Commercial Accounts | Leadership |
Ron McLerren | International Account Director | Leadership |
Anisha Martin | Assistant Manager/ TA Partner For Apac, Middle East & Australia,new Zealand | Leadership |
Bertrand Favier | Senior Regional Sales Director | Leadership |
Lou Gorga | Director Of Operations | Leadership |
Nicole Chambers | Director Order Management | Leadership |
Johnny Sanchez | Director Of Operations, NY Metro And Philadelphia Regions | Leadership |
Adrienne Letourneau | Regional Vice President Of Sales - Enterprise West | Leadership |
Kishan Thapa | Associate Vice President - Finance | Leadership |
Michael Figredo - Ca | Associate Vice President - Finance | Leadership |
Ashutosh Panigrahi | Associate Vice President - IT | Leadership |
Vinu Ananthanarayanan | Vice President Information Technology Services | Leadership |
Doug Habbe | Director Of Operations | Leadership |
Sandeep Rajhans | Associate Vice President - Client Operations | Leadership |
365 more people are available in the full profile.
Complete people profiles for Black Box
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Black Box
Black Box is a publicly listed company on the NSE with ticker symbol BBOX in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date22 Jul 2003
- Listed onNSE: BBOX
- Listed entityBlack Box Limited
- Exchange sectorTechnology services
- ISININE676A01027
- Share price₹935.80 (+1.51% on the day) · 2026-10-14
- Market capitalisation₹16,376 Cr
- Price to earnings71.8
- EPS (diluted, trailing year)₹13.04
- Dividend yield0.11%
- Volume (last session)1,058,963
Financials of Black Box
Exchange-reported figures of Black Box Limited, the listed company behind Black Box (NSE: BBOX).
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 6,322 | 5,967 | 6,282 | 6,288 | 5,370 | 4,674 | 4,994 |
| Revenue growth | +6.0% | -5.0% | -0.1% | +17.1% | +14.9% | -6.4% | - |
| EBITDA | 494 | 464 | 387 | 210 | 236 | 278 | 143 |
| EBITDA margin | +7.8% | +7.8% | +6.2% | +3.3% | +4.4% | +6.0% | +2.9% |
| Profit before tax | 239 | 212 | 156 | 29.45 | 85.98 | 95.99 | (72.98) |
| Net profit | 262 | 274 | 165 | 44.79 | 77.63 | 144 | 95.86 |
| Net profit margin | +4.2% | +4.6% | +2.6% | +0.7% | +1.5% | +3.1% | +1.9% |
| EPS (₹) | 12.25 | 12.09 | 8.19 | 1.41 | 4.43 | 24.01 | (26.88) |
| Balance sheet | |||||||
| Total assets | 2,618 | 1,786 | 1,308 | 1,060 | 873 | 724 | 838 |
| Net worth | 1,287 | 759 | 481 | 296 | 260 | 207 | (176) |
| Total debt | 1,153 | 942 | 712 | 628 | 481 | 328 | 596 |
| Cash & bank | 540 | 229 | 223 | 210 | 311 | 410 | 369 |
| Net working capital | 1,561 | 844 | 344 | 84.27 | 27.11 | (24.83) | 78.96 |
| Cash flow | |||||||
| Cash from operations | 83.95 | (87.61) | 129 | 13.04 | 95.25 | 303 | 1,137 |
| Cash from investing | 33.31 | (105) | 39.67 | (56.31) | (108) | 15.22 | (382) |
| Cash from financing | 197 | 192 | (155) | (58.49) | (42.81) | (277) | (645) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,718 | 1,691 | 1,660 | 1,585 | 1,387 | 1,545 | 1,502 | 1,497 |
| Revenue growth (YoY) | +23.9% | +9.5% | +10.5% | +5.8% | -2.6% | - | - | - |
| Other income | 3.75 | 2.14 | 1.18 | 0.94 | 1.72 | 6.00 | 1.44 | 3.26 |
| EBITDA | 141 | 150 | 125 | 129 | 104 | 127 | 120 | 112 |
| EBITDA margin | +8.2% | +8.9% | +7.5% | +8.1% | +7.5% | +8.2% | +8.0% | +7.5% |
| Depreciation | 35.59 | 30.92 | 29.84 | 29.03 | 26.56 | 27.53 | 31.15 | 28.31 |
| Interest | 48.00 | 45.02 | 39.58 | 39.46 | 33.58 | 47.22 | 31.31 | 32.25 |
| Profit before tax | 61.13 | 76.14 | 56.77 | 61.03 | 45.20 | 57.78 | 59.23 | 54.59 |
| Tax | 5.21 | 11.38 | 7.09 | 5.38 | (2.23) | (2.69) | 3.15 | 3.45 |
| Net profit | 55.92 | 64.76 | 49.68 | 55.65 | 47.43 | 60.47 | 56.08 | 51.14 |
| EPS (₹) | 3.15 | 4.57 | 2.89 | 3.25 | 2.79 | 3.54 | 3.28 | 3.04 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 406 | 377 | 387 | 363 | 294 | 250 | 309 |
| Revenue growth | +7.7% | -2.5% | +6.4% | +23.8% | +17.7% | -19.3% | - |
| EBITDA | 25.06 | 19.43 | (0.50) | 16.18 | 9.26 | 12.07 | 18.07 |
| EBITDA margin | +6.2% | +5.2% | -0.1% | +4.5% | +3.2% | +4.8% | +5.8% |
| Profit before tax | 18.50 | 11.98 | (1.11) | 5.79 | 5.81 | (1.86) | (1.63) |
| Net profit | 21.94 | 11.20 | (15.85) | 4.19 | 6.90 | (0.61) | (1.63) |
| Net profit margin | +5.4% | +3.0% | -4.1% | +1.2% | +2.4% | -0.2% | -0.5% |
| EPS (₹) | 1.03 | 0.70 | (0.89) | 0.35 | 1.77 | (0.57) | (0.55) |
| Balance sheet | |||||||
| Total assets | 756 | 502 | 362 | 398 | 346 | 308 | 219 |
| Net worth | 701 | 461 | 314 | 329 | 285 | 277 | 88.95 |
| Total debt | 43.18 | 33.83 | 38.95 | 54.61 | 53.16 | 21.56 | 113 |
| Cash & bank | 242 | 28.12 | 0.26 | 1.28 | 2.23 | 6.30 | 2.92 |
| Net working capital | 383 | 134 | 61.12 | 72.41 | 58.49 | 45.55 | 66.55 |
| Cash flow | |||||||
| Cash from operations | (20.07) | (24.26) | 22.65 | 14.60 | 15.27 | 22.73 | 23.57 |
| Cash from investing | 5.74 | (75.70) | (1.70) | (45.77) | (4.42) | (119) | 3.78 |
| Cash from financing | 233 | 122 | (20.98) | 30.92 | (14.24) | 98.96 | (26.99) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 96.38 | 110 | 103 | 117 | 75.99 | 124 | 87.13 | 81.09 |
| Revenue growth (YoY) | +26.8% | -11.3% | +18.1% | +44.0% | -9.7% | - | - | - |
| Other income | 3.75 | 2.01 | 1.46 | 1.41 | 1.78 | 2.12 | 1.73 | 1.18 |
| Total expenses | 98.77 | 93.09 | 102 | 111 | 73.66 | 107 | 83.90 | 81.63 |
| EBITDA | (2.39) | 17.26 | 0.44 | 5.76 | 2.33 | 17.04 | 3.23 | (0.54) |
| EBITDA margin | -2.5% | +15.6% | +0.4% | +4.9% | +3.1% | +13.7% | +3.7% | -0.7% |
| Depreciation | 2.15 | 2.35 | 2.19 | 2.70 | 1.87 | 1.89 | 1.97 | 2.03 |
| Interest | 1.67 | 1.60 | 0.99 | 1.19 | 1.06 | 1.82 | 1.50 | 0.94 |
| Profit before tax | (2.46) | 15.32 | (1.28) | 3.28 | 1.18 | 15.45 | 1.49 | (2.33) |
| Tax | (0.06) | 0.14 | 0.06 | 0.05 | 0.02 | (0.02) | 0.03 | 0.14 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,718 | 1,691 | 1,660 | 1,585 | 1,387 | 1,545 | 1,502 | 1,497 |
| Revenue growth (YoY) | +23.9% | +9.5% | +10.5% | +5.8% | -2.6% | - | - | - |
| Other income | 3.75 | 2.14 | 1.18 | 0.94 | 1.72 | 6.00 | 1.44 | 3.26 |
| EBITDA | 141 | 150 | 125 | 129 | 104 | 127 | 120 | 112 |
| EBITDA margin | +8.2% | +8.9% | +7.5% | +8.1% | +7.5% | +8.2% | +8.0% | +7.5% |
| Depreciation | 35.59 | 30.92 | 29.84 | 29.03 | 26.56 | 27.53 | 31.15 | 28.31 |
| Interest | 48.00 | 45.02 | 39.58 | 39.46 | 33.58 | 47.22 | 31.31 | 32.25 |
| Profit before tax | 61.13 | 76.14 | 56.77 | 61.03 | 45.20 | 57.78 | 59.23 | 54.59 |
| Tax | 5.21 | 11.38 | 7.09 | 5.38 | (2.23) | (2.69) | 3.15 | 3.45 |
| Net profit | 55.92 | 64.76 | 49.68 | 55.65 | 47.43 | 60.47 | 56.08 | 51.14 |
| EPS (₹) | 3.15 | 4.57 | 2.89 | 3.25 | 2.79 | 3.54 | 3.28 | 3.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 6,322 | 5,967 | 6,282 | 6,288 | 5,370 | 4,674 | 4,994 |
| Revenue growth | +6.0% | -5.0% | -0.1% | +17.1% | +14.9% | -6.4% | - |
| Other income | 19.44 | 5.76 | 25.44 | 37.90 | 22.55 | 11.13 | 7.41 |
| Total expenses | 5,828 | 5,503 | 5,895 | 6,077 | 5,135 | 4,396 | 4,851 |
| Employee cost | 2,241 | 2,279 | 2,501 | 2,682 | 2,146 | 1,825 | 1,895 |
| EBITDA | 494 | 464 | 387 | 210 | 236 | 278 | 143 |
| EBITDA margin | +7.8% | +7.8% | +6.2% | +3.3% | +4.4% | +6.0% | +2.9% |
| Depreciation | 116 | 113 | 114 | 107 | 98.60 | 95.56 | 91.69 |
| Interest | 158 | 145 | 141 | 111 | 73.60 | 97.91 | 132 |
| Profit before tax | 239 | 212 | 156 | 29.45 | 85.98 | 95.99 | (72.98) |
| Tax | 21.62 | 7.08 | 18.72 | 5.75 | 13.26 | 17.90 | 6.98 |
| Net profit | 262 | 274 | 165 | 44.79 | 77.63 | 144 | 95.86 |
| Net profit margin | +4.2% | +4.6% | +2.6% | +0.7% | +1.5% | +3.1% | +1.9% |
| EPS (₹) | 12.25 | 12.09 | 8.19 | 1.41 | 4.43 | 24.01 | (26.88) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 35.50 | 33.87 | 33.61 | 33.58 | 32.81 | 32.53 | 29.75 |
| Reserves & surplus | 1,251 | 642 | 447 | 262 | 215 | 162 | (206) |
| Shareholders' funds (net worth) | 1,287 | 759 | 481 | 296 | 260 | 207 | (176) |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 825 | 651 | 35.30 | 351 | 271 | 136 | 256 |
| Unsecured loans | 328 | 291 | 677 | 277 | 210 | 192 | 340 |
| Total debt | 1,153 | 942 | 712 | 628 | 481 | 328 | 596 |
| Total liabilities | 2,618 | 1,786 | 1,308 | 1,060 | 873 | 724 | 838 |
| Assets | |||||||
| Gross block | 1,445 | 1,188 | 1,149 | 1,195 | 1,100 | 903 | 781 |
| Net block | 883 | 769 | 808 | 794 | 732 | 622 | 557 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 2.23 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 32.80 | 32.07 | 30.40 | 0.00 | 0.00 | 0.00 |
| Inventories | 323 | 210 | 246 | 362 | 226 | 149 | 137 |
| Sundry debtors | 1,153 | 567 | 386 | 421 | 374 | 240 | 361 |
| Cash & bank balances | 540 | 229 | 223 | 210 | 311 | 410 | 369 |
| Loans & advances | 1,220 | 1,124 | 981 | 1,034 | 895 | 756 | 680 |
| Total current assets | 3,236 | 2,130 | 1,837 | 2,026 | 1,807 | 1,554 | 1,547 |
| Total current liabilities | 1,676 | 1,286 | 1,493 | 1,942 | 1,780 | 1,579 | 1,468 |
| Net working capital | 1,561 | 844 | 344 | 84.27 | 27.11 | (24.83) | 78.96 |
| Total assets | 2,618 | 1,786 | 1,308 | 1,060 | 873 | 724 | 838 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 214 | 214 | 200 | 302 | 357 | 316 | 206 |
| Net cash from operating activities | 83.95 | (87.61) | 129 | 13.04 | 95.25 | 303 | 1,137 |
| Net cash from investing activities | 33.31 | (105) | 39.67 | (56.31) | (108) | 15.22 | (382) |
| Net cash from financing activities | 197 | 192 | (155) | (58.49) | (42.81) | (277) | (645) |
| Net change in cash | 314 | (0.31) | 14.13 | (102) | (55.34) | 41.17 | 110 |
| Closing cash | 540 | 229 | 223 | 210 | 311 | 410 | 369 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +6.0% | -5.0% | -0.1% | +17.1% | +14.9% | -6.4% | - |
| EBITDA growth | +6.4% | +20.1% | +83.8% | -10.8% | -15.3% | +94.6% | - |
| PBT growth | +12.9% | +35.5% | +431.0% | -65.8% | -10.4% | +9998.0% | +8.0% |
| Net income growth | -4.3% | +66.0% | +268.7% | -42.3% | -46.2% | +50.5% | - |
| Revenue CAGR (3Y) | +0.2% | +3.6% | +10.4% | +8.0% | +42.6% | +85.4% | +85.7% |
| EBITDA CAGR (3Y) | +32.9% | +25.4% | +11.6% | +13.7% | - | +102.9% | +64.2% |
| Profitability & leverage | |||||||
| Net income margin | +3.4% | +3.4% | +2.2% | +0.4% | +1.4% | +1.7% | -1.6% |
| Return on capital employed | +20.3% | +27.8% | +26.4% | +15.4% | +16.5% | +31.1% | 0.0% |
| Return on net worth | +25.7% | +44.2% | +37.2% | +11.2% | +18.0% | +121.2% | 0.0% |
| Debt / equity | 1.02 | 1.33 | 1.73 | 1.99 | 1.73 | 30.20 | 0.00 |
| Long-term debt / equity | 0.30 | 0.75 | 1.21 | 0.97 | 0.94 | 9.62 | 0.00 |
| Interest cover | 41.78 | 41.25 | 51.89 | 108.22 | 53.71 | 53.57 | 256.61 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 4.80 | 5.11 | 5.36 | 5.48 | 5.36 | 5.55 | 7.66 |
| Inventory turnover | 23.74 | 26.17 | 20.65 | 21.39 | 28.66 | 32.76 | 34.75 |
| Debtors turnover | 7.35 | 12.52 | 15.56 | 15.81 | 17.49 | 15.55 | 8.17 |
| EPS (₹) | 12.25 | 12.09 | 8.19 | 1.41 | 4.43 | 24.01 | (26.88) |
| Dividend per share (₹) | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 72.50 | 39.88 | 28.62 | 17.63 | 15.12 | 59.73 | (59.20) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 96.38 | 110 | 103 | 117 | 75.99 | 124 | 87.13 | 81.09 |
| Revenue growth (YoY) | +26.8% | -11.3% | +18.1% | +44.0% | -9.7% | - | - | - |
| Other income | 3.75 | 2.01 | 1.46 | 1.41 | 1.78 | 2.12 | 1.73 | 1.18 |
| Total expenses | 98.77 | 93.09 | 102 | 111 | 73.66 | 107 | 83.90 | 81.63 |
| EBITDA | (2.39) | 17.26 | 0.44 | 5.76 | 2.33 | 17.04 | 3.23 | (0.54) |
| EBITDA margin | -2.5% | +15.6% | +0.4% | +4.9% | +3.1% | +13.7% | +3.7% | -0.7% |
| Depreciation | 2.15 | 2.35 | 2.19 | 2.70 | 1.87 | 1.89 | 1.97 | 2.03 |
| Interest | 1.67 | 1.60 | 0.99 | 1.19 | 1.06 | 1.82 | 1.50 | 0.94 |
| Profit before tax | (2.46) | 15.32 | (1.28) | 3.28 | 1.18 | 15.45 | 1.49 | (2.33) |
| Tax | (0.06) | 0.14 | 0.06 | 0.05 | 0.02 | (0.02) | 0.03 | 0.14 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 406 | 377 | 387 | 363 | 294 | 250 | 309 |
| Revenue growth | +7.7% | -2.5% | +6.4% | +23.8% | +17.7% | -19.3% | - |
| Other income | 7.39 | 5.97 | 13.98 | 3.87 | 6.74 | 8.47 | 6.26 |
| Total expenses | 381 | 357 | 387 | 347 | 284 | 237 | 291 |
| Employee cost | 48.54 | 42.03 | 56.83 | 44.73 | 38.11 | 32.21 | 36.43 |
| EBITDA | 25.06 | 19.43 | (0.50) | 16.18 | 9.26 | 12.07 | 18.07 |
| EBITDA margin | +6.2% | +5.2% | -0.1% | +4.5% | +3.2% | +4.8% | +5.8% |
| Depreciation | 9.11 | 7.97 | 7.91 | 6.51 | 4.49 | 5.39 | 7.46 |
| Interest | 4.84 | 5.45 | 6.68 | 7.75 | 5.70 | 17.01 | 18.50 |
| Profit before tax | 18.50 | 11.98 | (1.11) | 5.79 | 5.81 | (1.86) | (1.63) |
| Tax | 0.27 | 0.10 | 13.87 | (0.05) | 0.00 | 0.00 | 0.00 |
| Net profit | 21.94 | 11.20 | (15.85) | 4.19 | 6.90 | (0.61) | (1.63) |
| Net profit margin | +5.4% | +3.0% | -4.1% | +1.2% | +2.4% | -0.2% | -0.5% |
| EPS (₹) | 1.03 | 0.70 | (0.89) | 0.35 | 1.77 | (0.57) | (0.55) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 35.50 | 33.87 | 33.61 | 33.58 | 32.81 | 32.53 | 29.75 |
| Reserves & surplus | 665 | 344 | 281 | 296 | 240 | 232 | 59.20 |
| Shareholders' funds (net worth) | 701 | 461 | 314 | 329 | 285 | 277 | 88.95 |
| Secured loans | 14.78 | 7.38 | 11.38 | 23.45 | 22.67 | 16.43 | 93.82 |
| Unsecured loans | 28.40 | 26.45 | 27.57 | 31.16 | 30.49 | 5.13 | 19.36 |
| Total debt | 43.18 | 33.83 | 38.95 | 54.61 | 53.16 | 21.56 | 113 |
| Total liabilities | 756 | 502 | 362 | 398 | 346 | 308 | 219 |
| Assets | |||||||
| Gross block | 69.09 | 58.98 | 67.30 | 68.23 | 64.05 | 45.82 | 80.00 |
| Net block | 29.44 | 26.38 | 31.11 | 33.66 | 33.13 | 11.26 | 24.15 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 2.23 | 0.00 | 0.00 | 0.00 |
| Investments | 306 | 306 | 234 | 234 | 194 | 194 | 48.72 |
| Inventories | 35.45 | 17.30 | 13.58 | 11.49 | 6.87 | 11.86 | 10.00 |
| Sundry debtors | 173 | 154 | 97.29 | 119 | 82.48 | 66.88 | 77.11 |
| Cash & bank balances | 242 | 28.12 | 0.26 | 1.28 | 2.23 | 6.30 | 2.92 |
| Loans & advances | 78.43 | 94.46 | 63.24 | 63.00 | 77.02 | 81.99 | 94.37 |
| Total current assets | 529 | 294 | 174 | 194 | 169 | 167 | 184 |
| Total current liabilities | 147 | 160 | 113 | 122 | 110 | 121 | 118 |
| Net working capital | 383 | 134 | 61.12 | 72.41 | 58.49 | 45.55 | 66.55 |
| Total assets | 756 | 502 | 362 | 398 | 346 | 308 | 219 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 22.44 | 0.02 | 0.05 | 0.30 | 3.69 | 1.09 | 0.73 |
| Net cash from operating activities | (20.07) | (24.26) | 22.65 | 14.60 | 15.27 | 22.73 | 23.57 |
| Net cash from investing activities | 5.74 | (75.70) | (1.70) | (45.77) | (4.42) | (119) | 3.78 |
| Net cash from financing activities | 233 | 122 | (20.98) | 30.92 | (14.24) | 98.96 | (26.99) |
| Net change in cash | 219 | 22.42 | (0.03) | (0.25) | (3.39) | 2.60 | 0.36 |
| Closing cash | 242 | 28.12 | 0.26 | 1.28 | 2.23 | 6.30 | 2.92 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +7.7% | -2.5% | +6.4% | +23.8% | +17.7% | -19.3% | - |
| EBITDA growth | +29.0% | +3986.0% | -103.1% | +74.7% | -23.3% | -33.2% | - |
| PBT growth | +54.4% | +9998.0% | - | -0.3% | +9998.0% | -14.1% | - |
| Net income growth | +95.9% | +170.7% | -478.3% | -39.3% | +1231.2% | +62.6% | - |
| Revenue CAGR (3Y) | +3.8% | +8.7% | +15.7% | +5.5% | -1.5% | -6.3% | +7.9% |
| EBITDA CAGR (3Y) | +15.7% | +28.0% | - | -3.6% | +3.2% | -25.3% | - |
| Profitability & leverage | |||||||
| Net income margin | +4.5% | +3.2% | -3.9% | +1.6% | +2.0% | -0.8% | -0.5% |
| Return on capital employed | +4.3% | +4.0% | 0.0% | +2.5% | +3.3% | 0.0% | 0.0% |
| Return on net worth | +3.8% | +3.1% | 0.0% | +1.0% | +2.1% | 0.0% | 0.0% |
| Debt / equity | 0.07 | 0.09 | 0.15 | 0.18 | 0.13 | 0.37 | 1.16 |
| Long-term debt / equity | 0.04 | 0.06 | 0.08 | 0.09 | 0.06 | 0.05 | 0.08 |
| Interest cover | 30.34 | 47.56 | -79.43 | 80.14 | 119.50 | 254.64 | 174.36 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 6.34 | 5.97 | 5.71 | 5.49 | 5.34 | 3.97 | 4.52 |
| Inventory turnover | 15.39 | 24.41 | 30.85 | 39.58 | 31.35 | 22.83 | 23.63 |
| Debtors turnover | 2.48 | 3.00 | 3.58 | 3.62 | 3.93 | 3.47 | 3.62 |
| EPS (₹) | 1.03 | 0.70 | (0.89) | 0.35 | 1.77 | (0.57) | (0.55) |
| Dividend per share (₹) | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 39.47 | 22.28 | 18.71 | 19.61 | 83.16 | 81.23 | 29.90 |
Investments & Acquisitions by Black Box
Black Box has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include Cloudium Systems, Delaney's Electric and Dragonfly Technologies.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of IT service suite solutions | dragonflytechnologies.com.au | Sydney, Australia | 2005 | Sep 2021 | •••• | |
Cyber security services are provided by Z Services. | zservices-me.com | Dubai, United Arab Emirates | 2011 | Mar 2021 | •••• | |
Provider of real estate and financial advice via blog content | mobiquest.net | Singapore | 2009 | Jan 2021 | •••• | |
Hardware and software for desktop virtualization are provided. | cloudiumsystems.com | Limerick, Ireland | 2009 | Apr 2016 | •••• | |
In-building wireless coverage is delivered via antennas and distributed systems. | innerwireless.com | Richardson, United States | 1999 | Jan 2012 | •••• | |
Communications services are offered through Logos Communications. | logosinc.com | Bryan, United States | 2009 | Oct 2010 | •••• | |
Logos Communications is engaged in public relations and marketing services. | logos-communications.com | Canton, United States | 1999 | Oct 2010 | •••• | |
NuVision is focused on transforming the event industry with technology. | nvtinc.net | Southfield, United States | 2001 | May 2006 | •••• | |
Integrated telecommunications solutions and lifecycle support services are provided. | nextiraone.com | Houston, United States | 2000 | Apr 2006 | $97.31M | |
Provider of investment services | anglo-comms.co.uk | United Kingdom | 1997 | Aug 2000 | •••• |
Complete acquisition details for Black Box
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Timeline of Black Box
13 dated milestones of Black Box across 45 years, from founding to its latest funding, stage changes and deals.
- Founded Black Box is founded.
- Acquisition Acquires anglo-comms.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires NextiraOne.
- Acquisition Acquires NuVision.
- Acquisition Acquires Logos Communications.
- Acquisition Acquires Logos Inc.
- Acquisition Acquires InnerWireless.
- Acquisition Acquires Cloudium Systems.
- Exit Acquired by AGC Networks.
- Acquisition Acquires MobiQuest.
- Acquisition Acquires Z Services.
- Acquisition Acquires Dragonfly Technologies.
Competitors of Black Box
Black Box has 9 listed competitors in our database, 3 of them funded. They include UST, NTT DATA, Hewlett Packard Enterprise, Cisco and Globant, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| hpe.com | 2015 | Houston, United States | – | 62,000 | HPC solutions are delivered via supercomputers and storage systems. | |
| cisco.com | 1984 | San Jose, United States | $2.5M | 708 | AI and saas based cloud security solutions | |
| globant.com | 2003 | Buenos Aires, Argentina | $30M | 564 | IT and digital transformation services are delivered to various industries. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| persistent.com | 1990 | Pune, India | $18.8M | 20,909 | IT consulting, data analytics, and digital transformation services are provided. | |
| boozallen.com | 1914 | Mclean, United States | – | 34,200 | Analytics, cybersecurity, and digital transformation services are provided. | |
| netgear.com | 1996 | San Jose, United States | – | 327 | LAN-based networking products, including switches and routers, are supplied. |
Detailed competitors of Black Box
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Web traffic of Black Box
The website of Black Box (blackbox.com) receives about 202.9K visits a month.
- Monthly visits202.9K
▲ 7.4% vs previous month
Websites whose visitors overlap most with Black Box. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| cisco.com | 100% | 14.5M | #3,521 | View details | |
useblackbox.io | useblackbox.io | 93% | – | #354,225 | – |
| 3com.com | 93% | 1.4K | #13,568,447 | View details | |
dlink.co.uk | dlink.co.uk | 91% | – | #12,921,199 | – |
| marketingforum.info | 86% | 1.8K | #6,776,436 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Black Box
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Top companies in Enterprise Networking & IT Infrastructure
10 companies that operate in the same segment as Black Box (Enterprise Networking & IT Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
Cloud based website security solutions | 2009 | San Francisco, California, United States | USD 332.1 M | USD 1.67 B | 7,330 | |
Cybersecurity and zero trust solutions are delivered for secure networks. | 2007 | San Jose, California, United States | USD 148 M | USD 3.35 B | 9,616 | |
Provider of cloud and AI based CDN management software | 1998 | Cambridge, Massachusetts, United States | USD 61.5 M | USD 4.21 B | 10,700 | |
Cloud-based monitoring and tracing of hybrid application performance are provided. | 1999 | Austin, Texas, United States | USD 308.14 M | USD 2.11 K | 153 | |
Cloud networking solutions are delivered via AI and SaaS platforms. | 2004 | Santa Clara, California, United States | USD 1.5 M | USD 7 B | 4,410 | |
Cloud-based network infrastructure for IoT applications is provided. | 2004 | Boise, Idaho, United States | USD 154.85 M | USD 8.52 M | 165 | |
Cloud-based content delivery network solutions are provided globally. | 2001 | Tempe, Arizona, United States | USD 130 M | USD 15.87 M | 18 | |
Cloud security solutions are delivered for enterprise visibility and protection. | 2012 | Santa Clara, California, United States | USD 1.44 B | USD 34.05 M | 3,400 | |
Hybrid cloud integration software is developed for enterprise connectivity. | 2014 | Santa Clara, California, United States | USD 346 M | USD 1.32 M | 419 |
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Related news about Black Box
Complete news archive for Black Box
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Frequently Asked Questions about Black Box
Black Box was founded in 1976.
Black Box is headquartered in Plano, United States. It is registered at Plano, Texas, United States.
Sanjeev Verma is the current CEO of Black Box.
Black Box has 3,440 employees.
The primary company behind Black Box, Black Box Limited, reported revenue of ₹382 Cr for FY 2025, down 5% year on year.
Black Box is established as a leading provider of IT products and network solutions worldwide. Services and products are offered across various sectors including financial services, technology, healthcare, retail, public services, and manufacturing. Solutions such as connectivity infrastructure, data center support, enterprise networking, modern workplace tools, and cybersecurity are provided. Operations are conducted in regions like the United States, Europe, India, Asia Pacific, Middle East, and Latin America. Emphasis is placed on sustainable and responsible business practices, with a commitment to diversity, equity, and inclusion in the workplace.
Black Box's top competitors include NETGEAR, Booz Allen Hamilton and Genpact.
Black Box offers KVM Solutions, Audio-Visual Integration, and Connectivity Infrastructure.
Yes, Black Box is publicly traded on NSE under the ticker symbol BBOX.
Black Box has made 11 acquisitions, including Cloudium Systems, Delaney's Electric, and Dragonfly Technologies.
Black Box has 1 investor. Key investors include AGC Networks.
Black Box is associated with 2 legal entities: Black Box Limited, Black Box Network Services India Private Limited.
