About Black Box Limited
Data last updated: 08 January 2026
Black Box Limited is a public limited company based in Navi Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It specialises in telecom network support, a part of the broader telecommunications sector. Incorporated on 19 August 1986, the company has been in operation for over 40 years.
Registered with ROC Mumbai under CIN U32200MH1986PLC040652. Listed on BSE: 500463 and NSE: AGCNET.
Capital: an authorised share capital of ₹145 Cr and a paid-up capital of ₹34.07 Cr. Formerly known as Avaya Globalconnect Limited and Tata Telecom Pvt Ltd. It is led by directors including Dilip Jayantilal Thakkar and Munesh Narinder Khanna.
Last AGM: 16 September 2025. Financial statements filed for year ended 31 March 2025. Office: 501 5Th Floor Building No.9 Airoli Knowledge Park Midc Industrial Area Airoli, Navi Mumbai, Maharashtra, India – 400708.
As per the financials filed for FY 2025, the company reported a revenue of ₹5,971.94 Cr, reflecting significant growth compared to the previous year.
The company has a workforce of approximately 353 employees as per the latest available data.
The company is associated with 2 brands - Black Box, Agc Networks. As per MCA filings, the company has open charges of ₹275 Cr and satisfied charges of ₹585 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website blackbox.com.
-
Email**************
-
Telephone**************
-
Website**************
-
Social Media
-
Registered Address501 5Th Floor Building No.9 Airoli Knowledge Park Midc Industrial Area Airoli, Navi Mumbai, Maharashtra, India – 400708
-
IndustryTelecom, Telecom Network Support
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Black Box Limited
Black Box Limited has undergone 4 name changes throughout its history. The current legal name is Black Box Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Black Box Limited | Current |
| Avaya Globalconnect Limited | Previous |
| Tata Telecom Pvt Ltd | Previous |
| Tata Telecom Private Limited | Previous |
| Agc Networks Limited | Previous |
CIN History of Black Box Limited
Black Box Limited has one previous CIN (Corporate Identification Number): U32200MH1986PLC040652. The current CIN is L32200MH1986PLC040652, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L32200MH1986PLC040652 | Current |
| U32200MH1986PLC040652 | Previous |
Associated Brands with Black Box Limited
Black Box Limited operates two associated brands: Black Box and AGC Networks. These brands represent Black Box Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Data center equipment is supplied for enterprise operations optimization. | blackbox.com | |
| Managed IT services are provided globally by AGC Networks. | agcnetworks.com |
Competitors & Alternatives of Black Box Limited
Brands and companies operating in the same space as Black Box Limited include Happiest Minds, Mavenir, GirnarSOFT and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
|
|
IT outsourcing services are delivered across multiple business lines. | Bengaluru, India, India | 2011 |
|
|
Multi-access edge networking computing platform is provided for mobile services. | Richardson, United States, United States | 2005 |
|
|
Provider of website, web & mobile application development, BI, and digital marketing services | Jaipur, India, India | 2007 |
|
|
Cloud infrastructure and hosting services are provided by 1&1 IONOS. | Chesterbrook, United States, United States | 1988 |
|
|
LAN-based networking products, including switches and routers, are supplied. | San Jose, United States, United States | 1996 |
|
|
Cloud-based text analytics and cognitive automation services are provided. | Mumbai, India, India | 1975 |
|
|
Analytics, cybersecurity, and digital transformation services are provided. | Mclean, United States, United States | 1914 |
|
|
Provider of end-to-end business process outsourcing services | New York, United States, United States | 1997 |
|
|
IT consulting, data analytics, and digital transformation services are provided. | Pune, India, India | 1990 |
|
|
AI and saas based cloud security solutions | San Jose, United States, United States | 1984 |
Business Activity of Black Box Limited
Black Box Limited is engaged in the principal business activity of information and communication, with detailed activities including wired, wireless or satellite telecommunication activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities | ********* |
Board of Directors of Black Box Limited
Black Box Limited is currently managed by 8 directors, with 43 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Dilip Jayantilal Thakkar
Also directs:
Jayantilal D Thakkar & Associates Llp, Jayantilal D Thakkar & Co Llp, Zodiac Clothing Company Limited and 5 more
|
Director | 08 Feb 2018 | 8 Years 5 Months | Current |
|
Munesh Narinder Khanna
Also directs:
Gulf Oil Lubricants India Limited, Finolex Industries Limited, Ndl Ventures Limited and 5 more
|
Director | 13 Aug 2024 | 1 Years 10 Months | Current |
| Sanjeev Verma Shekhar | Whole-Time Director | 15 May 2014 | 12 Years 1 Months | Current |
|
Naresh Lakshman Singh Kothari
Also directs:
Alpha Alternatives Strategies Llp, Third Wind Advisors Llp, Ebony Advisors Llp and 5 more
|
Director | 17 Jan 2019 | 7 Years 5 Months | Current |
|
Anshuman Shashikant Ruia
Also directs:
Greenline Mobility Solutions Limited
|
Director | 10 Sep 2020 | 5 Years 9 Months | Current |
| Neha Nagpal | Director | 10 Sep 2020 | 5 Years 9 Months | Current |
Financials of Black Box Limited FY 2025 filings available
Black Box Limited reported revenue of ₹5,971.94 Cr (up 1394% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue from Operations | ***** | ***** | ***** | ***** | ***** |
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Other Income | ***** | ***** | ***** | ***** | ***** |
| Total Revenue | ***** | ***** | ***** | ***** | ***** |
| Expenses | |||||
| Total Expenses | ***** | ***** | ***** | ***** | ***** |
| Raw Material Cost | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory FG | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory WIP | ***** | ***** | ***** | ***** | ***** |
| Purchase of Traded Goods | ***** | ***** | ***** | ***** | ***** |
| Employee Cost | ***** | ***** | ***** | ***** | ***** |
| Managerial Remuneration | ***** | ***** | ***** | ***** | ***** |
| Audit Fees | ***** | ***** | ***** | ***** | ***** |
| Insurance | ***** | ***** | ***** | ***** | ***** |
| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
| Depreciation | ***** | ***** | ***** | ***** | ***** |
| Other Expenses | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| EBITDA (Operating Profit) | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| Exceptional Items | ***** | ***** | ***** | ***** | ***** |
| Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Exceptional & Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Tax & Net Profit | |||||
| Tax Expense | ***** | ***** | ***** | ***** | ***** |
| Current Tax | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax | ***** | ***** | ***** | ***** | ***** |
| Profit from Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Tax on Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Profit | ***** | ***** | ***** | ***** | ***** |
| Net Margin % | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Shareholders' Funds | |||||
| Total Shareholders' Funds | ***** | ***** | ***** | ***** | ***** |
| Equity Capital | ***** | ***** | ***** | ***** | ***** |
| Reserves & Surplus | ***** | ***** | ***** | ***** | ***** |
| Money Against Warrants | ***** | ***** | ***** | ***** | ***** |
| Other Equity | ***** | ***** | ***** | ***** | ***** |
| Non-Current Liabilities | |||||
| Total Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Liabilities | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Current Liabilities | |||||
| Total Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Trade Payables | ***** | ***** | ***** | ***** | ***** |
| Other Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
| Non-Current Assets | |||||
| Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Tangible Assets | ***** | ***** | ***** | ***** | ***** |
| Intangible Assets | ***** | ***** | ***** | ***** | ***** |
| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
| Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Investments | ***** | ***** | ***** | ***** | ***** |
| Inventories | ***** | ***** | ***** | ***** | ***** |
| Trade Receivables | ***** | ***** | ***** | ***** | ***** |
| Cash & Bank Balance | ***** | ***** | ***** | ***** | ***** |
| ST Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Current Assets | ***** | ***** | ***** | ***** | ***** |
| Total Assets | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Cash from Operating Activities (CFO) | |||||
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
| +/- Inventory | ***** | ***** | ***** | ***** | ***** |
| +/- Debtors | ***** | ***** | ***** | ***** | ***** |
| +/- Creditors | ***** | ***** | ***** | ***** | ***** |
| Reconciliation Adjustments | ***** | ***** | ***** | ***** | ***** |
| Cash Generated from Operations | ***** | ***** | ***** | ***** | ***** |
| Income Taxes Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFO (Cash from Operations) | ***** | ***** | ***** | ***** | ***** |
| Cash from Investing Activities (CFI) | |||||
| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Acquisition of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Capex | ***** | ***** | ***** | ***** | ***** |
| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Sale of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
| Cash from Financing Activities (CFF) | |||||
| Equity Issuance | ***** | ***** | ***** | ***** | ***** |
| Debt Raised | ***** | ***** | ***** | ***** | ***** |
| Debt Repaid | ***** | ***** | ***** | ***** | ***** |
| Dividends Paid | ***** | ***** | ***** | ***** | ***** |
| Interest Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
| Net Cash Position | |||||
| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Liquidity | |||||
| Current Ratio | ***** | ***** | ***** | ***** | ***** |
| Quick Ratio | ***** | ***** | ***** | ***** | ***** |
| Cash Ratio | ***** | ***** | ***** | ***** | ***** |
| Efficiency | |||||
| Inventory Days | ***** | ***** | ***** | ***** | ***** |
| Debtor Days | ***** | ***** | ***** | ***** | ***** |
| Creditor Days | ***** | ***** | ***** | ***** | ***** |
| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
| ROCE % | ***** | ***** | ***** | ***** | ***** |
| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
| Growth | |||||
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Leverage | |||||
| Equity Multiplier | ***** | ***** | ***** | ***** | ***** |
| Debt / EBITDA | ***** | ***** | ***** | ***** | ***** |
| Solvency | |||||
| D/E Ratio | ***** | ***** | ***** | ***** | ***** |
| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Charges & Borrowings of Black Box Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Feb 2025 | Others | ₹25 Cr | Open |
| 20 Nov 2001 | Yes Bank Limited | ₹250 Cr | Open |
| 11 Apr 2014 | Yes Bank Limited | ₹45 Cr | Satisfied |
| 23 May 2013 | Idbi Bank Limited | ₹40 Cr | Satisfied |
| 27 Feb 2013 | Yes Bank Limited | ₹40 Cr | Satisfied |
Total charge records: 53 View all charges
Employees and EPFO Compliance at Black Box Limited
View historical data on people associated with Black Box Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Black Box Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Black Box Limited
GSTIN & GST Filing Data of Black Box Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Black Box Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Black Box Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Black Box Limited
MSME Payment Delays by Black Box Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Black Box Limited
Subsidiaries & Group Companies of Black Box Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Black Box Limited with ownership details.
MCA Filings & Documents of Black Box Limited
MCA Filings & Documents of Black Box Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Black Box Limited
Recent News on Black Box Limited
Frequently Asked Questions about Black Box Limited
Black Box Limited is an active public limited company in the telecom sector based in Navi Mumbai, Maharashtra, India. It was incorporated on 19 August 1986 (40+ years old) and is registered under CIN L32200MH1986PLC040652. Listed on BSE: 500463 and NSE: AGCNET. The company has 353 employees.
Black Box Limited reported revenue of ₹5,971.94 Cr for FY 2025 (up 1394.00% YoY).
The current directors of Black Box Limited are:
- Dilip Jayantilal Thakkar
- Munesh Narinder Khanna
- Sanjeev Verma Shekhar
- Deepak Kumar Bansal
- Aditya Goswami
- Naresh Lakshman Singh Kothari
- Anshuman Shashikant Ruia
- Neha Nagpal
The primary industry of Black Box Limited is telecom. The company specifically operates in telecom network support. The company is currently active in this sector.
Yes. Black Box Limited is listed on both BSE (code: 500463) and NSE (symbol: AGCNET).
Yes, Black Box Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).