Black Box Limited
Black Box Limited operates in IT Enabled Services, part of the Information Technology sector. It booked ₹1,719 cr of revenue in its latest quarter (Q1 FY27) and kept 3.3% of sales as profit. It is the 7th largest of 9 IT Enabled Services companies we track, by market value.
| Segment | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Share |
|---|---|---|---|---|---|---|---|
| System integration | 3,879 | 4,239 | 5,283 | 5,418 | 5,069 | 5,326 | 84% → 84% |
| Technology product solutions | 729 | 1,026 | 890 | 758 | 764 | 847 | 16% → 13% |
| Others | 34 | 105 | 114 | 106 | 134 | 149 | 1% → 2% |
| Total | 4,642 | 5,370 | 6,288 | 6,282 | 5,967 | 6,322 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
Healthier than 44% of companies in Information Technology, on all six measures of filed financials. Each measure is ranked against the 67–123 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 51
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in BBOX?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹1,719 cr |
| Other Income | ₹4 cr |
| Total Income | ₹1,722 cr |
| Cost of Materials | ₹46 L |
| Purchases of Stock-in-Trade | ₹496 cr |
| Inventory Change (±) | ₹28 cr |
| Employee Benefit Expense | ₹656 cr |
| Finance Costs | ₹48 cr |
| Depreciation & Amortisation | ₹36 cr |
| Other Expenses | ₹378 cr |
| Total Expenses | ₹1,642 cr |
| Exceptional Items | ₹-19 cr |
| Profit before Tax | ₹61 cr |
| Tax Expense | ₹5 cr |
| Net Profit | ₹56 cr |
| Net margin on total income | 3.2% |
| Metric | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|
| Revenue | 1,660 cr | 1,691 cr | 1,719 cr |
| Total income | 1,661 cr | 1,693 cr | 1,722 cr |
| Expenses | 1,582 cr | 1,603 cr | 1,642 cr |
| Profit before tax | 57 cr | 76 cr | 61 cr |
| Tax | 7 cr | 11 cr | 5 cr |
| Net profit (owners' share) | 50 cr | 65 cr | 56 cr |
| Net margin (owners' share, on revenue) | 3.0% | 3.8% | 3.3% |
| EPS (₹) | 2.92 | 3.78 | 3.15 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| L&T Technology Services Limited | ₹3,324 | ₹35,238 cr | 25.1 | 22.0% | 12.1% | — |
| Tata Technologies Limited | ₹759 | ₹30,809 cr | 42.6 | 18.4% | 10.9% | — |
| Inventurus Knowledge Solutions Limited | ₹1,729 | ₹29,538 cr | 37.4 | 27.7% | 21.7% | — |
| Netweb Technologies India Limited | ₹4,579 | ₹26,070 cr | 76.4 | 47.2% | 10.4% | — |
| Affle 3i Limited | ₹1,546 | ₹21,734 cr | 42.3 | 14.1% | 17.2% | — |
| SAGILITY LIMITED | ₹45 | ₹20,851 cr | 24.2 | 9.0% | 11.0% | — |
| Black Box Limitedthis company | ₹766 | ₹13,611 cr | 60.8 | 17.4% | 3.3% | — |
| Amagi Media Labs Limited | ₹574 | ₹12,425 cr | 96.4 | 7.7% | 7.8% | — |
| E2E Networks Limited | ₹604 | ₹12,424 cr | 70.6 | — | 28.0% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹1 / share | 28 Aug 2026 |
| Dividend | ₹1 / share | 29 Aug 2025 |
| Stock split | Stock Split From Rs.10/- to Rs.2/- | 13 May 2022 |
| Bonus issue | 1:1 | 19 Dec 2012 |
| Dividend | ₹10 / share | 16 Jul 2012 |
| Dividend | ₹5 / share | 16 Jul 2012 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.
When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.
As of Jun 2026, the company says it has spent 42% of what it set aside, leaving ₹223 cr still to be spent. CARE Ratings Ltd watches the spending on the exchange’s behalf.
Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing