Black Box

Why is Black Box Ltd falling/rising?

As of 30-Jul, Black Box Ltd's stock is experiencing a decline of 1.63%, significantly underperforming compared to the Sensex. Despite strong year-to-date returns and increased institutional interest, recent trends indicate struggles with price performance relative to moving averages.

As of 30-Jul, Black Box Ltd's stock price is currently falling, as indicated by a change of -12.1, which represents a decline of 1.63%. The stock has underperformed compared to the benchmark Sensex, which has increased by 2.01% over the past week, while Black Box Ltd has seen a significant drop of 7.46% in the same period. Over the past month, the stock has decreased by 23.06%, contrasting sharply with the Sensex's modest gain of 1.90%.<BR><BR>Despite these recent declines, the stock has shown strong performance year-to-date, with a return of 31.96%, and an impressive 44.14% increase over the past year. However, the current performance indicates a struggle, as the stock is lower than the 5-day, 20-day, 50-day, and 100-day moving averages, although it remains above the 200-day moving average.<BR><BR>Investor participation has increased, with delivery volume rising by 29.94% against the 5-day average, suggesting some level of interest despite the falling price. Additionally, institutional investors have increased their stake by 1.85% in the previous quarter, indicating confidence in the company's fundamentals, which include a high return on capital employed (ROCE) of 28.74% and a low debt to EBITDA ratio of 2.07 times.<BR><BR>In summary, while Black Box Ltd has demonstrated strong long-term returns and increasing institutional interest, the recent price decline is primarily influenced by its significant underperformance relative to the benchmark and recent trends in moving averages.

Which are the latest news on Black Box?

How big is Black Box?

As of 10th June, Black Box Ltd has a market capitalization of 18,126.00 Cr, with recent net sales of 6,321.85 Cr and a net profit of 217.52 Cr. The company reported shareholder's funds of 758.74 Cr and total assets of 3,049.04 Cr for the latest annual period ending in March 2025.

As of 10th June, Black Box Ltd has a market capitalization of 18,126.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, Black Box reported Net Sales of 6,321.85 Cr and a Net Profit of 217.52 Cr.<BR><BR>For the latest annual period ending in March 2025, the company had Shareholder's Funds of 758.74 Cr and Total Assets amounting to 3,049.04 Cr.

Who are in the management team of Black Box?

The management team of Black Box includes Sujay R Sheth (Chairman), Sanjeev Verma (Executive Director), D J Thakkar (Independent Director), Naresh Kothari (Non-Executive Director), Deepak Bansal (Executive Director & CFO), Neha Nagpal (Independent Director), and Anshuman Ruia (Executive Director), offering diverse expertise and leadership.

The management team of Black Box includes the following individuals:<BR><BR>1. **Sujay R Sheth** - Chairman & Independent Director<BR>2. **Sanjeev Verma** - Executive Director & Wholetime Director<BR>3. **D J Thakkar** - Independent Non-Executive Director<BR>4. **Naresh Lakshman Singh Kothari** - Non-Executive Director<BR>5. **Deepak Kumar Bansal** - Executive Director & CFO<BR>6. **Neha Nagpal** - Independent Non-Executive Director<BR>7. **Anshuman Ruia** - Executive Director<BR><BR>This team brings a diverse range of expertise and leadership to the company.

Who are the peers of the Black Box?

Black Box's peers include Tata Elxsi, Netweb Technologies, Affle 3i, KPIT Technologies, Sagility, Intellect Design, Zensar Tech, Cyient, IDream Film, and Birlasoft Ltd. In terms of performance, Netweb Technologies leads with a 1-year return of 128.69%, while Black Box has an 84.68% return, significantly higher than Tata Elxsi's -39.05%.

Peers: The peers of Black Box are Tata Elxsi, Netweb Technol., Affle 3i, KPIT Technologi., Sagility, Intellect Design, Zensar Tech., Cyient, IDream Film, and Birlasoft Ltd.<BR><BR>Quality Snapshot: Excellent management risk is observed at Tata Elxsi, Netweb Technol., KPIT Technologi., while Average management risk is found at Affle 3i and Sagility, and Good management risk is noted at Black Box, Intellect Design, Zensar Tech., and Cyient. Growth is Excellent for Netweb Technol., KPIT Technologi., and Affle 3i, while Average growth is seen at Black Box and Cyient, and Below Average growth is noted at Tata Elxsi, Intellect Design, and Zensar Tech. Excellent capital structure is present in Tata Elxsi, Netweb Technol., Affle 3i, KPIT Technologi., Sagility, Intellect Design, Zensar Tech., and Cyient, while Good capital structure is observed at Black Box, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Netweb Technol. at 128.69%, while the lowest is Tata Elxsi at -39.05%. Black Box's 1-year return of 84.68% is significantly higher than Tata Elxsi's but lower than Netweb Technol.'s. Additionally, peers such as KPIT Technologi., Sagility, Zensar Tech., and Birlasoft Ltd. have negative six-month returns.

What does Black Box do?

Black Box Ltd, a small-cap company in the software and consulting industry, reported net sales of 1,691 Cr and a net profit of 65 Cr for the quarter ending March 2026. The company, formerly known as AGC Networks, has a market cap of INR 18,126 Cr and key metrics including a P/E ratio of 65.00 and a return on equity of 21.31%.

Overview:<BR>Black Box Ltd operates in the Computers - Software & Consulting industry and is categorized as a Small Cap company.<BR><BR>History:<BR>Black Box Limited was originally incorporated as 'Avaya GlobalConnect Limited' in August 1986. The company changed its name to AGC Networks Limited in March 2010 and then to Black Box Limited in September 2021. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 1,691 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 65 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 18,126 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 65.00 <BR>Industry P/E: 22 <BR>Dividend Yield: 0.10% <BR>Debt Equity: 0.48 <BR>Return on Equity: 21.31% <BR>Price to Book: 13.47 <BR><BR>Contact Details:<BR>Address: 01 5th Floor Bulding No 9, Airoli Knowledge Park MIDC Navi Mumbai Maharashtra : 400708 <BR>Email: investors@avayaglobalconnect.com <BR>Website: http://www.agcnetworks.com

Should I buy, sell or hold Black Box Ltd?

Are Black Box Ltd latest results good or bad?

Black Box Ltd's latest Q4 FY26 results are strong, with a net profit of ₹64.76 crore, a 30.35% quarter-on-quarter increase, and a record net sales of ₹1,690.94 crore. The improved operating margin and high return on equity indicate a robust operational recovery and positive growth potential.

Black Box Ltd's latest results for Q4 FY26 are quite strong, indicating a positive performance overall. The company reported a consolidated net profit of ₹64.76 crore, which reflects a significant quarter-on-quarter increase of 30.35% and a year-on-year increase of 7.09%. This marks a notable turnaround from the previous quarter, where profits had declined.<BR><BR>Net sales also showed positive growth, reaching ₹1,690.94 crore, up 1.89% from the previous quarter and up 9.48% year-on-year. This is the highest quarterly revenue the company has achieved, showcasing its operational turnaround and effective management strategies.<BR><BR>Additionally, the operating margin improved to 9.30%, which is the highest in seven quarters, demonstrating better cost management and operational efficiency. The return on equity (ROE) stands at an impressive 30.29%, indicating strong capital efficiency.<BR><BR>Overall, the financial performance reflects a robust operational recovery and positions Black Box as a company with strong fundamentals and growth potential. The positive trends in both profit and sales suggest a favorable outlook moving forward.

When is the next results date for Black Box Ltd?

The next results date for Black Box Ltd is 26 May 2026.

The next results date for Black Box Ltd is scheduled for 26 May 2026.

Is Black Box technically bullish or bearish?

As of November 28, 2025, the trend is mildly bullish due to positive weekly indicators, though mixed signals from monthly metrics suggest caution.

As of 28 November 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the weekly MACD and Bollinger Bands both indicating bullish momentum, while the daily moving averages also support a mildly bullish outlook. However, the monthly MACD and KST are mildly bearish, and Dow Theory shows a mixed signal with weekly mildly bearish and monthly mildly bullish indicators. Overall, the strength of the bullish stance is tempered by some bearish signals in the longer time frames.

How has been the historical performance of Black Box?

Black Box's historical performance shows fluctuating net sales, peaking at 6,287.56 Cr in March 2023 but declining to 5,966.91 Cr by March 2025, while profitability metrics improved significantly, with net profit rising from 23.70 Cr to 204.78 Cr in the same period. However, cash flow turned negative in March 2025, indicating challenges despite overall profitability growth.

Answer:<BR>The historical performance of Black Box shows a fluctuating trend in net sales and profitability over the years, with a notable improvement in recent periods.<BR><BR>Breakdown:<BR>Black Box's net sales peaked at 6,287.56 Cr in March 2023 but saw a decline to 6,281.58 Cr in March 2024 and further to 5,966.91 Cr in March 2025. The total operating income followed a similar pattern, reaching 6,287.56 Cr in March 2023 before decreasing to 5,966.91 Cr in March 2025. The operating profit (PBDIT) showed a positive trend, increasing from 273.17 Cr in March 2023 to 537.44 Cr in March 2025, indicating improved operational efficiency. Profit before tax also rose significantly from 23.73 Cr in March 2023 to 218.78 Cr in March 2025, while profit after tax increased from 17.98 Cr to 211.70 Cr in the same period. The consolidated net profit improved from 23.70 Cr in March 2023 to 204.78 Cr in March 2025. On the balance sheet, total liabilities increased from 2,775.89 Cr in March 2024 to 3,049.04 Cr in March 2025, while total assets also rose from 2,775.89 Cr to 3,049.04 Cr, reflecting growth in the company's financial position. Cash flow from operating activities turned negative in March 2025 at -87.00 Cr, contrasting with a positive cash flow of 129.00 Cr in March 2024, indicating challenges in cash generation despite profitability. Overall, Black Box's financial performance shows a recovery trajectory with improved profitability metrics, although sales and cash flow present areas for attention.

Who are the top shareholders of the Black Box?

The top shareholders of Black Box include Essar Telecom Limited with 70.53%, followed by 65 Foreign Institutional Investors holding 4.7%, and India Opportunities Growth Fund Ltd - Pinewood Strategy with 2.89%. Individual investors own 15.85% of the shares, with no pledged promoter holdings reported.

The top shareholders of Black Box include Essar Telecom Limited, which holds the largest stake at 70.53%. Additionally, there are 65 Foreign Institutional Investors (FIIs) collectively holding 4.7% of the company. The highest public shareholder is India Opportunities Growth Fund Ltd - Pinewood Strategy, with a holding of 2.89%. Individual investors account for 15.85% of the total shares. Overall, the majority of the company's shares are held by promoters, with no pledged promoter holdings reported.

Is Black Box overvalued or undervalued?

As of May 12, 2025, Black Box is considered overvalued with a PE Ratio of 35.40, significantly higher than its peers, indicating caution for investors despite its strong recent performance.

As of 12 May 2025, the valuation grade for Black Box has moved from fair to expensive, indicating that the company is currently overvalued. The key ratios reflect this assessment, with a PE Ratio of 35.40, an EV to EBITDA of 18.93, and a PEG Ratio of 0.67. These figures suggest that the stock is trading at a premium compared to its earnings growth potential.<BR><BR>In comparison to its peers, Black Box's PE Ratio is significantly higher than Indus Towers, which stands at 10.58, and Affle 3i, which is at 66.35, further highlighting its expensive valuation. Additionally, while Black Box has shown strong returns over the past year, outperforming the Sensex with a 122.94% return compared to 7.61% for the index, the current valuation metrics suggest that investors should exercise caution as the stock appears to be overvalued.

What is the bonus history of the Black Box?

Black Box Ltd issued a 1:1 bonus share on December 19, 2012, with a record date of December 20, 2012, allowing shareholders to receive an additional share for each share owned.

Black Box Ltd has a bonus history that includes a 1:1 bonus issue announced with an ex-date of December 19, 2012. The record date for this bonus was December 20, 2012. This means that shareholders on record as of the record date received an additional share for each share they owned.

Has Black Box declared dividend?

Yes, Black Box Ltd has declared a dividend of 100% (amounting to $2.50 per share), but the dividend yield is 0%. Despite this, the company has experienced significant price appreciation, resulting in strong total returns over various periods.

Yes, Black Box Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 100%<BR>- Amount per share: 2.5000<BR>- Ex-date: Jul-16-2012<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -17.83%, the dividend return was 0%, resulting in a total return of -17.83%.<BR><BR>For the 1-year period, the price return was 139.24%, the dividend return was 0%, leading to a total return of 139.24%.<BR><BR>Over the 2-year period, the price return was 314.01%, with a dividend return of 0%, resulting in a total return of 314.01%.<BR><BR>In the 3-year period, the price return was 255.57%, the dividend return remained at 0%, culminating in a total return of 255.57%.<BR><BR>For the 4-year period, the price return was 105.29%, with a dividend return of 0%, resulting in a total return of 105.29%.<BR><BR>In the 5-year period, the price return was 870.78%, while the dividend return was 0%, leading to a total return of 870.78%.<BR><BR>Overall, while Black Box Ltd has declared a dividend, the dividend yield remains at 0%, indicating that the dividend has not contributed to returns in recent periods. However, the company has shown significant price appreciation over the years, reflecting strong total returns despite the lack of dividend income.