Black Box Limited (BBOX.NS)
Navi Mumbai, IN
Black Box Limited stands as a global provider of comprehensive information and communications technology (ICT) services. Its operations are structured across distinct segments: System Integration, Technology Product Solution, and a broader 'Others' category. The company's diverse portfolio includes unified communication offerings, encompassing IP communication, multimedia integration, robust contact center platforms, and collaborative tools. Furthermore, Black Box delivers advanced data center and edge IT capabilities. These include hyper-converged infrastructure (HCI) seamlessly integrating computing, storage, networking, and virtualization; private cloud implementations; mobility solutions; and software-defined networking (SDN). A critical component of its service suite is a comprehensive range of cybersecurity services. Its expertise also extends to digital transformation and application development, covering areas like gamification, enhancing customer experience and journeys, automation, and Internet of Things (IoT) solutions. Beyond core solutions, the company furnishes extensive support and managed services. This includes 'Guardian' support for remote and on-site IT infrastructure management, along with global Security Operations Center (SOC) and Network Operations Center (NOC) services. Its managed service portfolio features enterprise service management, integrated data center management, and cloud computing. Complementing these are professional services such as consulting, deployment, design, customization, and audit functions. Black Box caters to a diverse clientele across various sectors, including banking, financial services, insurance (BFSI), education, healthcare, travel and hospitality, IT/IT Enabled Services (ITES), and manufacturing. Tracing its origins to its incorporation in 1986, the company, headquartered in Navi Mumbai, India, previously operated as AGC Networks Limited before adopting the Black Box Limited name in November 2021. It functions as a subsidiary of Essar Telecom Limited.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +1.90% | +4.38% | +55.79% | +86.85% | +86.75% | +80.97% | +110.33% | +580.44% | +240.41% | +8,111.29% | +10,976.11% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 0 | 0 |
| Hold | 1 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Software - Application: +13.0%+6.0% Q1'26: +9.5% (vs Q1'25)
-
EPS growth Software - Application: +28.6%+4.6% Q1'26: +5.6% (vs Q1'25)
-
FCF margin FCF growth · Software - Application: +45.3%-0.6% Q1'26: +0.8% (vs Q1'25)
-
EBIT margin Software - Application: +9.4%+7.0% Q1'26: +9.8% (vs Q1'25)
-
ROIC Software - Application: +7.5%+21.1% ★ Q1'26: +49.6% (vs Q1'25)
-
Share dilution Software - Application: +0.0%+0.4% Q1'26: +0.4% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Software - Application: -1.16×2.07× Q1'26: 1.33× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Mar 2025 actual |
Mar 2026 2 Rev. Ana. 2 EPS Ana. |
Mar 2027 1 Rev. Ana. 1 EPS Ana. |
Mar 2028 2 Rev. Ana. 2 EPS Ana. |
Mar 2029 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|
| Revenue |
59.67B
est: 59.96B (-0.5%)
|
63.36B
63.29B – 63.43B
+5.7% YoY
|
81.99B
77.20B – 86.78B
+29.4% YoY
|
96.12B
85.41B – 106.83B
+17.2% YoY
|
127.37B
119.93B – 134.81B
+32.5% YoY
|
| EBITDA |
4.55B
est: 3.43B (+32.8%)
|
3.62B
3.62B – 3.63B
+5.7% YoY
|
4.69B
4.42B – 4.96B
+29.4% YoY
|
5.50B
4.89B – 6.11B
+17.2% YoY
|
7.29B
6.86B – 7.71B
+32.5% YoY
|
| EBIT |
4.24B
est: 2.96B (+43.5%)
|
3.12B
3.12B – 3.13B
+5.7% YoY
|
4.04B
3.81B – 4.28B
+29.4% YoY
|
4.74B
4.21B – 5.27B
+17.2% YoY
|
6.28B
5.91B – 6.65B
+32.5% YoY
|
| Net Income |
2.05B
est: 2.63B (-22.0%)
|
2.11B
2.03B – 2.20B
-19.6% YoY
|
4.02B
3.71B – 4.32B
+90.2% YoY
|
5.46B
5.23B – 5.69B
+35.9% YoY
|
6.80B
6.28B – 7.31B
+24.5% YoY
|
| SGA |
354.70M
est: 1.40B (-74.6%)
|
1.48B
1.48B – 1.48B
+5.7% YoY
|
1.91B
1.80B – 2.02B
+29.4% YoY
|
2.24B
1.99B – 2.49B
+17.2% YoY
|
2.97B
2.80B – 3.14B
+32.5% YoY
|
| EPS |
12.16
est: 15.30 (-20.5%)
|
12.30
11.81 – 12.79
-19.6% YoY
|
23.40
21.62 – 25.18
+90.2% YoY
|
31.80
30.44 – 33.16
+35.9% YoY
|
39.60
36.59 – 42.61
+24.5% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-27 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-26 | C- | 1/5 | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-25 | C- | 1/5 | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-22 | C- | 1/5 | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-21 | C- | 1/5 | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-20 | C- | 1/5 | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-19 | C- | 1/5 | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-18 | C- | 1/5 | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-15 | C- | 1/5 | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-14 | C- | 1/5 | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-13 | C- | 1/5 | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-12 | C- | 1/5 | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-11 | C- | 1/5 | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-08 | C- | 1/5 | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-07 | C- | 1/5 | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-06 | C- | 1/5 | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-05 | C- | 1/5 | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-04 | C- | 1/5 | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-30 | C- | 1/5 | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-29 | C- | 1/5 | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-28 | C- | 1/5 | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-27 | C- | 1/5 | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-24 | C- | 1/5 | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-23 | C- | 1/5 | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-22 | C- | 1/5 | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-21 | C- | 1/5 | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-20 | C- | 1/5 | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-17 | C- | 1/5 | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-16 | C- | 1/5 | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | State Street SPDR S&P Emerging Markets Small Cap ETF EWX | 0.05% | 324.5K | 0.65% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Sanjeev Shekhar Verma | President, Chief Executive Officer & Whole Time Director | 289M | male |
| Deepak Kumar Bansal | Global Chief Financial Officer & Executive Director | 25M | male |
| Aditya Goswami | Company Secretary & Compliance officer | 1M | male |
| Daina Nair | Vice President of Global People Operations & HR - APMEA | — | — |
| Bikram Sahoo | Chief Technology Officer | — | male |
| Kannan Ramaiah | Chief Human Resources Officer | — | male |
| Reeja Sujoy | Vice President - SCM | — | — |
| Rick Gannon | Chief Operating Officer | — | male |
| Rohit Himatsingka | Senior Vice President of Corporate Development & Strategy | — | male |
| Anshuman Shashikant Ruia | Executive Director | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for BBOX.NS
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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