Share Price and Basic Stock Data
Last Updated: January 21, 2026, 7:24 pm
| PEG Ratio | 1.29 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Black Box Ltd, operating in the IT Consulting and Software sector, reported a current market price of ₹514 and a market capitalization of ₹8,767 Cr. The company has shown a steady revenue growth trajectory, with sales increasing from ₹5,370 Cr in FY 2022 to ₹6,288 Cr in FY 2023. The trailing twelve months (TTM) figure stood at ₹6,018 Cr, indicating a slight decline in revenue when compared to the previous fiscal year. Quarterly sales showed fluctuations, with the highest recorded in Mar 2023 at ₹1,682 Cr and a notable decrease to ₹1,423 Cr by Jun 2024. Despite this, the overall sales performance indicates a robust recovery from previous lows in FY 2020 and FY 2021, where sales were reported at ₹4,994 Cr and ₹4,674 Cr, respectively. The company’s operational scale has expanded significantly, reflecting its capability to navigate market challenges effectively.
Profitability and Efficiency Metrics
Black Box Ltd reported a net profit of ₹220 Cr, with a remarkable return on equity (ROE) of 44.2% and a return on capital employed (ROCE) of 29.8%. The operating profit margin (OPM) stood at 9% in the latest reporting period, marking a steady increase from previous quarters. The quarterly operating profit has shown positive trends, peaking at ₹143 Cr in Mar 2025, contributing to an overall improvement in profitability metrics. However, the company has faced challenges with fluctuating expenses, which reached ₹6,014 Cr in FY 2023, impacting net profit margins. Interest expenses have also risen, with a recorded interest of ₹145 Cr in FY 2025. The cash conversion cycle (CCC) is remarkably efficient at -34 days, indicating that the company effectively manages its working capital. In contrast, the overall profit before tax has improved, reflecting the company’s operational efficiency despite the increasing cost pressures.
Balance Sheet Strength and Financial Ratios
Black Box Ltd’s balance sheet reflects a solid foundation, with total assets reported at ₹3,072 Cr and total liabilities at ₹3,072 Cr as of FY 2025. The company has maintained reserves of ₹871 Cr, showcasing a healthy reserve buildup over the years, particularly from ₹262 Cr in FY 2023 to ₹725 Cr in FY 2024. Borrowings stood at ₹1,038 Cr, indicating a manageable debt level with a debt-to-equity ratio of 0.86. The interest coverage ratio (ICR) is reported at 3.75x, demonstrating the company’s ability to meet interest obligations comfortably. Financial ratios such as return on net worth at 26.98% and return on assets at 6.66% depict efficient capital utilization. The price-to-book value ratio is high at 8.03x, suggesting that the stock may be trading at a premium compared to its book value, which is ₹44.80 per share as of Mar 2025, reflecting investor confidence in the company’s growth prospects.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Black Box Ltd reveals a strong promoter holding of 70.24%, which reflects significant insider confidence in the company. Foreign institutional investors (FIIs) hold 4.22% of the shares, while domestic institutional investors (DIIs) have a minimal stake of 0.04%. The public shareholding stands at 25.36%, with the number of shareholders increasing to 88,065, indicating growing retail interest. Over the past year, promoter holding has slightly decreased from 71.14% to 70.24%, while FII participation has also shown a declining trend from 5.58% to 4.22%. This shift may reflect broader market dynamics affecting foreign investment sentiment. The stability in promoter stakes, despite minor fluctuations, suggests a commitment to the company’s long-term strategy, which could bolster investor confidence moving forward.
Outlook, Risks, and Final Insight
The outlook for Black Box Ltd appears cautiously optimistic, bolstered by strong profitability metrics and a solid balance sheet. However, potential risks include rising interest expenses and fluctuating revenue, which may impact future profitability. The company’s ability to manage costs effectively will be critical in sustaining its operational performance. Additionally, the declining trend in FII participation could signal a need for the company to enhance its appeal to foreign investors. On the other hand, the robust promoter holding and improving operational efficiencies position the company favorably within the IT consulting landscape. Future strategies focusing on cost management and market expansion could mitigate risks and leverage growth opportunities, ensuring long-term sustainability and profitability.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Visesh Infotecnics Ltd | 125 Cr. | 0.33 | / | 1.11 | 0.00 % | 2.21 % | 2.23 % | 1.00 | |
| Mudunuru Ltd | 61.4 Cr. | 19.4 | 21.0/4.43 | 0.20 | 0.00 % | 27.0 % | 90.7 % | 2.00 | |
| Naapbooks Ltd | 125 Cr. | 116 | 194/99.8 | 19.1 | 36.4 | 0.00 % | 23.6 % | 17.1 % | 10.0 |
| IB Infotech Enterprises Ltd | 43.8 Cr. | 342 | 344/140 | 27.4 | 26.7 | 0.29 % | 38.5 % | 35.4 % | 10.0 |
| Hit Kit Global Solutions Ltd | 5.77 Cr. | 1.07 | 1.73/0.91 | 2.47 | 0.00 % | 2.14 % | 2.15 % | 2.00 | |
| Industry Average | 20,076.01 Cr | 525.13 | 79.78 | 123.70 | 0.60% | 14.88% | 20.92% | 6.84 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,562 | 1,672 | 1,682 | 1,571 | 1,574 | 1,655 | 1,480 | 1,423 | 1,497 | 1,502 | 1,545 | 1,387 | 1,585 |
| Expenses | 1,515 | 1,600 | 1,585 | 1,484 | 1,476 | 1,541 | 1,355 | 1,309 | 1,365 | 1,368 | 1,402 | 1,282 | 1,442 |
| Operating Profit | 47 | 72 | 97 | 87 | 99 | 114 | 125 | 115 | 133 | 134 | 143 | 105 | 143 |
| OPM % | 3% | 4% | 6% | 6% | 6% | 7% | 8% | 8% | 9% | 9% | 9% | 8% | 9% |
| Other Income | -14 | -9 | -13 | -2 | -5 | 2 | -8 | -14 | -17 | -12 | -10 | 1 | -13 |
| Interest | 25 | 27 | 34 | 33 | 32 | 36 | 40 | 34 | 32 | 31 | 47 | 34 | 39 |
| Depreciation | 31 | 20 | 31 | 28 | 29 | 28 | 29 | 26 | 28 | 31 | 28 | 27 | 29 |
| Profit before tax | -23 | 15 | 19 | 24 | 33 | 52 | 47 | 40 | 55 | 59 | 58 | 45 | 61 |
| Tax % | -2% | 49% | -19% | 2% | 4% | 21% | 13% | 8% | 6% | 5% | -5% | -5% | 9% |
| Net Profit | -23 | 8 | 23 | 24 | 32 | 41 | 41 | 37 | 51 | 56 | 60 | 47 | 56 |
| EPS in Rs | -1.35 | 0.46 | 1.38 | 1.43 | 1.90 | 2.43 | 2.43 | 2.21 | 3.04 | 3.31 | 3.57 | 2.79 | 3.27 |
Last Updated: December 27, 2025, 6:38 pm
Below is a detailed analysis of the quarterly data for Black Box Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 1,585.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,387.00 Cr. (Jun 2025) to 1,585.00 Cr., marking an increase of 198.00 Cr..
- For Expenses, as of Sep 2025, the value is 1,442.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,282.00 Cr. (Jun 2025) to 1,442.00 Cr., marking an increase of 160.00 Cr..
- For Operating Profit, as of Sep 2025, the value is 143.00 Cr.. The value appears strong and on an upward trend. It has increased from 105.00 Cr. (Jun 2025) to 143.00 Cr., marking an increase of 38.00 Cr..
- For OPM %, as of Sep 2025, the value is 9.00%. The value appears strong and on an upward trend. It has increased from 8.00% (Jun 2025) to 9.00%, marking an increase of 1.00%.
- For Other Income, as of Sep 2025, the value is -13.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1.00 Cr. (Jun 2025) to -13.00 Cr., marking a decrease of 14.00 Cr..
- For Interest, as of Sep 2025, the value is 39.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 34.00 Cr. (Jun 2025) to 39.00 Cr., marking an increase of 5.00 Cr..
- For Depreciation, as of Sep 2025, the value is 29.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 27.00 Cr. (Jun 2025) to 29.00 Cr., marking an increase of 2.00 Cr..
- For Profit before tax, as of Sep 2025, the value is 61.00 Cr.. The value appears strong and on an upward trend. It has increased from 45.00 Cr. (Jun 2025) to 61.00 Cr., marking an increase of 16.00 Cr..
- For Tax %, as of Sep 2025, the value is 9.00%. The value appears to be increasing, which may not be favorable. It has increased from -5.00% (Jun 2025) to 9.00%, marking an increase of 14.00%.
- For Net Profit, as of Sep 2025, the value is 56.00 Cr.. The value appears strong and on an upward trend. It has increased from 47.00 Cr. (Jun 2025) to 56.00 Cr., marking an increase of 9.00 Cr..
- For EPS in Rs, as of Sep 2025, the value is 3.27. The value appears strong and on an upward trend. It has increased from 2.79 (Jun 2025) to 3.27, marking an increase of 0.48.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 4:03 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 775 | 891 | 881 | 780 | 733 | 1,853 | 4,994 | 4,674 | 5,370 | 6,288 | 6,282 | 5,967 | 6,018 |
| Expenses | 966 | 867 | 876 | 747 | 700 | 1,806 | 4,666 | 4,310 | 5,112 | 6,014 | 5,855 | 5,429 | 5,494 |
| Operating Profit | -191 | 24 | 6 | 32 | 33 | 47 | 328 | 364 | 258 | 273 | 426 | 538 | 524 |
| OPM % | -25% | 3% | 1% | 4% | 5% | 3% | 7% | 8% | 5% | 4% | 7% | 9% | 9% |
| Other Income | -18 | 38 | 7 | 13 | 19 | -67 | -178 | -75 | 0 | -25 | -14 | -68 | -35 |
| Interest | 35 | 26 | 27 | 26 | 25 | 45 | 132 | 98 | 74 | 111 | 141 | 145 | 152 |
| Depreciation | 40 | 18 | 8 | 7 | 8 | 15 | 92 | 96 | 99 | 107 | 114 | 113 | 114 |
| Profit before tax | -285 | 18 | -22 | 13 | 19 | -79 | -73 | 96 | 86 | 29 | 156 | 212 | 223 |
| Tax % | -1% | 16% | 55% | 18% | 22% | -1% | 10% | 19% | 15% | 20% | 12% | 3% | |
| Net Profit | -282 | 15 | -35 | 10 | 15 | -79 | -80 | 78 | 73 | 24 | 138 | 205 | 220 |
| EPS in Rs | -19.83 | 1.04 | -2.43 | 0.73 | 1.05 | -5.30 | -5.38 | 4.80 | 4.43 | 1.41 | 8.19 | 12.09 | 12.94 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 8% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 105.32% | -333.33% | 128.57% | 50.00% | -626.67% | -1.27% | 197.50% | -6.41% | -67.12% | 475.00% | 48.55% |
| Change in YoY Net Profit Growth (%) | 0.00% | -438.65% | 461.90% | -78.57% | -676.67% | 625.40% | 198.77% | -203.91% | -60.71% | 542.12% | -426.45% |
Black Box Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 4% |
| 3 Years: | 4% |
| TTM: | -3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 37% |
| 5 Years: | 23% |
| 3 Years: | 52% |
| TTM: | 42% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 37% |
| 5 Years: | 46% |
| 3 Years: | 52% |
| 1 Year: | -17% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 46% |
| 3 Years: | 38% |
| Last Year: | 44% |
Last Updated: September 5, 2025, 2:41 pm
Balance Sheet
Last Updated: January 7, 2026, 5:07 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 28 | 28 | 28 | 28 | 28 | 30 | 30 | 33 | 33 | 34 | 34 | 34 | 34 |
| Reserves | 46 | 58 | 25 | 41 | 47 | -11 | -206 | 174 | 228 | 262 | 447 | 725 | 871 |
| Borrowings | 238 | 161 | 177 | 173 | 158 | 808 | 596 | 328 | 481 | 628 | 712 | 942 | 1,038 |
| Other Liabilities | 521 | 385 | 393 | 346 | 346 | 1,605 | 1,886 | 1,768 | 1,911 | 2,078 | 1,607 | 1,371 | 1,596 |
| Total Liabilities | 833 | 633 | 623 | 589 | 580 | 2,432 | 2,306 | 2,303 | 2,652 | 3,002 | 2,800 | 3,072 | 3,539 |
| Fixed Assets | 117 | 90 | 109 | 111 | 114 | 399 | 557 | 622 | 732 | 794 | 808 | 769 | 820 |
| CWIP | 3 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 2 | -0 | -0 | -0 |
| Investments | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 30 | 32 | 33 | 33 |
| Other Assets | 713 | 543 | 514 | 478 | 467 | 2,032 | 1,749 | 1,681 | 1,920 | 2,175 | 1,960 | 2,271 | 2,686 |
| Total Assets | 833 | 633 | 623 | 589 | 580 | 2,432 | 2,306 | 2,303 | 2,652 | 3,002 | 2,800 | 3,072 | 3,539 |
Below is a detailed analysis of the balance sheet data for Black Box Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 34.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 34.00 Cr..
- For Reserves, as of Sep 2025, the value is 871.00 Cr.. The value appears strong and on an upward trend. It has increased from 725.00 Cr. (Mar 2025) to 871.00 Cr., marking an increase of 146.00 Cr..
- For Borrowings, as of Sep 2025, the value is 1,038.00 Cr.. The value appears to be increasing, which may not be favorable. However, Borrowings exceed Reserves, which may signal higher financial risk. It has increased from 942.00 Cr. (Mar 2025) to 1,038.00 Cr., marking an increase of 96.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 1,596.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,371.00 Cr. (Mar 2025) to 1,596.00 Cr., marking an increase of 225.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 3,539.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3,072.00 Cr. (Mar 2025) to 3,539.00 Cr., marking an increase of 467.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 820.00 Cr.. The value appears strong and on an upward trend. It has increased from 769.00 Cr. (Mar 2025) to 820.00 Cr., marking an increase of 51.00 Cr..
- For CWIP, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Investments, as of Sep 2025, the value is 33.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 33.00 Cr..
- For Other Assets, as of Sep 2025, the value is 2,686.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,271.00 Cr. (Mar 2025) to 2,686.00 Cr., marking an increase of 415.00 Cr..
- For Total Assets, as of Sep 2025, the value is 3,539.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,072.00 Cr. (Mar 2025) to 3,539.00 Cr., marking an increase of 467.00 Cr..
However, the Borrowings (1,038.00 Cr.) are higher than the Reserves (871.00 Cr.), which may signal higher financial risk.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -429.00 | -137.00 | -171.00 | -141.00 | -125.00 | -761.00 | -268.00 | 36.00 | -223.00 | -355.00 | -286.00 | -404.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 138 | 101 | 90 | 97 | 104 | 170 | 26 | 19 | 25 | 24 | 22 | 35 |
| Inventory Days | 94 | 25 | 23 | 24 | 47 | 88 | 33 | 35 | 47 | 65 | 50 | 42 |
| Days Payable | 262 | 187 | 184 | 187 | 209 | 324 | 133 | 122 | 210 | 208 | 146 | 110 |
| Cash Conversion Cycle | -30 | -60 | -71 | -66 | -59 | -65 | -73 | -68 | -137 | -118 | -74 | -34 |
| Working Capital Days | -110 | -40 | -61 | -61 | -29 | -5 | -59 | -43 | -29 | -13 | 2 | 33 |
| ROCE % | -45% | 4% | 1% | 12% | 13% | 7% | 39% | 58% | 26% | 20% | 31% | 30% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Quant Small Cap Fund | 1,783,891 | 0.32 | 95.22 | N/A | N/A | N/A |
| Quant Multi Asset Allocation Fund | 1,414,999 | 1.81 | 75.53 | N/A | N/A | N/A |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 2.00 | 2.00 | 2.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 12.16 | 8.20 | 1.42 | 4.45 | 26.05 |
| Diluted EPS (Rs.) | 12.11 | 8.18 | 1.41 | 4.38 | 24.49 |
| Cash EPS (Rs.) | 18.74 | 14.90 | 7.81 | 52.22 | 53.38 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 44.80 | 28.62 | 17.63 | 79.37 | 63.54 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 44.80 | 28.62 | 17.63 | 79.37 | 63.54 |
| Revenue From Operations / Share (Rs.) | 352.34 | 373.79 | 374.48 | 1636.75 | 1436.83 |
| PBDIT / Share (Rs.) | 32.03 | 26.50 | 17.56 | 80.50 | 111.54 |
| PBIT / Share (Rs.) | 25.34 | 19.70 | 11.16 | 50.45 | 82.17 |
| PBT / Share (Rs.) | 12.47 | 9.21 | 1.75 | 26.20 | 29.51 |
| Net Profit / Share (Rs.) | 12.05 | 8.09 | 1.41 | 22.16 | 24.00 |
| NP After MI And SOA / Share (Rs.) | 12.09 | 8.19 | 1.41 | 22.16 | 24.00 |
| PBDIT Margin (%) | 9.09 | 7.09 | 4.68 | 4.91 | 7.76 |
| PBIT Margin (%) | 7.19 | 5.26 | 2.97 | 3.08 | 5.71 |
| PBT Margin (%) | 3.53 | 2.46 | 0.46 | 1.60 | 2.05 |
| Net Profit Margin (%) | 3.41 | 2.16 | 0.37 | 1.35 | 1.67 |
| NP After MI And SOA Margin (%) | 3.43 | 2.19 | 0.37 | 1.35 | 1.67 |
| Return on Networth / Equity (%) | 26.98 | 28.62 | 8.00 | 27.92 | 37.77 |
| Return on Capital Employeed (%) | 25.09 | 27.04 | 19.53 | 22.45 | 43.32 |
| Return On Assets (%) | 6.66 | 4.95 | 0.78 | 2.74 | 3.39 |
| Long Term Debt / Equity (X) | 0.83 | 0.75 | 1.03 | 0.87 | 0.57 |
| Total Debt / Equity (X) | 0.86 | 0.82 | 1.19 | 1.05 | 0.65 |
| Asset Turnover Ratio (%) | 2.04 | 2.17 | 0.22 | 0.21 | 0.18 |
| Current Ratio (X) | 1.56 | 1.17 | 1.02 | 0.94 | 0.92 |
| Quick Ratio (X) | 1.41 | 1.01 | 0.84 | 0.82 | 0.83 |
| Inventory Turnover Ratio (X) | 26.17 | 20.65 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio (X) | 3.75 | 3.15 | 2.65 | 3.59 | 3.71 |
| Interest Coverage Ratio (Post Tax) (X) | 2.92 | 2.21 | 1.63 | 2.07 | 2.55 |
| Enterprise Value (Cr.) | 6513.29 | 3964.18 | 1700.55 | 2446.79 | 3896.69 |
| EV / Net Operating Revenue (X) | 1.09 | 0.63 | 0.27 | 0.45 | 0.83 |
| EV / EBITDA (X) | 12.01 | 8.90 | 5.77 | 9.26 | 10.74 |
| MarketCap / Net Operating Revenue (X) | 1.02 | 0.60 | 0.24 | 0.46 | 0.89 |
| Price / BV (X) | 8.03 | 7.88 | 5.26 | 9.54 | 20.18 |
| Price / Net Operating Revenue (X) | 1.02 | 0.60 | 0.24 | 0.46 | 0.89 |
| EarningsYield | 0.03 | 0.03 | 0.01 | 0.02 | 0.01 |
After reviewing the key financial ratios for Black Box Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 2.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 12.16. This value is within the healthy range. It has increased from 8.20 (Mar 24) to 12.16, marking an increase of 3.96.
- For Diluted EPS (Rs.), as of Mar 25, the value is 12.11. This value is within the healthy range. It has increased from 8.18 (Mar 24) to 12.11, marking an increase of 3.93.
- For Cash EPS (Rs.), as of Mar 25, the value is 18.74. This value is within the healthy range. It has increased from 14.90 (Mar 24) to 18.74, marking an increase of 3.84.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 44.80. It has increased from 28.62 (Mar 24) to 44.80, marking an increase of 16.18.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 44.80. It has increased from 28.62 (Mar 24) to 44.80, marking an increase of 16.18.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 352.34. It has decreased from 373.79 (Mar 24) to 352.34, marking a decrease of 21.45.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 32.03. This value is within the healthy range. It has increased from 26.50 (Mar 24) to 32.03, marking an increase of 5.53.
- For PBIT / Share (Rs.), as of Mar 25, the value is 25.34. This value is within the healthy range. It has increased from 19.70 (Mar 24) to 25.34, marking an increase of 5.64.
- For PBT / Share (Rs.), as of Mar 25, the value is 12.47. This value is within the healthy range. It has increased from 9.21 (Mar 24) to 12.47, marking an increase of 3.26.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 12.05. This value is within the healthy range. It has increased from 8.09 (Mar 24) to 12.05, marking an increase of 3.96.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 12.09. This value is within the healthy range. It has increased from 8.19 (Mar 24) to 12.09, marking an increase of 3.90.
- For PBDIT Margin (%), as of Mar 25, the value is 9.09. This value is below the healthy minimum of 10. It has increased from 7.09 (Mar 24) to 9.09, marking an increase of 2.00.
- For PBIT Margin (%), as of Mar 25, the value is 7.19. This value is below the healthy minimum of 10. It has increased from 5.26 (Mar 24) to 7.19, marking an increase of 1.93.
- For PBT Margin (%), as of Mar 25, the value is 3.53. This value is below the healthy minimum of 10. It has increased from 2.46 (Mar 24) to 3.53, marking an increase of 1.07.
- For Net Profit Margin (%), as of Mar 25, the value is 3.41. This value is below the healthy minimum of 5. It has increased from 2.16 (Mar 24) to 3.41, marking an increase of 1.25.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 3.43. This value is below the healthy minimum of 8. It has increased from 2.19 (Mar 24) to 3.43, marking an increase of 1.24.
- For Return on Networth / Equity (%), as of Mar 25, the value is 26.98. This value is within the healthy range. It has decreased from 28.62 (Mar 24) to 26.98, marking a decrease of 1.64.
- For Return on Capital Employeed (%), as of Mar 25, the value is 25.09. This value is within the healthy range. It has decreased from 27.04 (Mar 24) to 25.09, marking a decrease of 1.95.
- For Return On Assets (%), as of Mar 25, the value is 6.66. This value is within the healthy range. It has increased from 4.95 (Mar 24) to 6.66, marking an increase of 1.71.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.83. This value is within the healthy range. It has increased from 0.75 (Mar 24) to 0.83, marking an increase of 0.08.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.86. This value is within the healthy range. It has increased from 0.82 (Mar 24) to 0.86, marking an increase of 0.04.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 2.04. It has decreased from 2.17 (Mar 24) to 2.04, marking a decrease of 0.13.
- For Current Ratio (X), as of Mar 25, the value is 1.56. This value is within the healthy range. It has increased from 1.17 (Mar 24) to 1.56, marking an increase of 0.39.
- For Quick Ratio (X), as of Mar 25, the value is 1.41. This value is within the healthy range. It has increased from 1.01 (Mar 24) to 1.41, marking an increase of 0.40.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 26.17. This value exceeds the healthy maximum of 8. It has increased from 20.65 (Mar 24) to 26.17, marking an increase of 5.52.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 3.75. This value is within the healthy range. It has increased from 3.15 (Mar 24) to 3.75, marking an increase of 0.60.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 2.92. This value is below the healthy minimum of 3. It has increased from 2.21 (Mar 24) to 2.92, marking an increase of 0.71.
- For Enterprise Value (Cr.), as of Mar 25, the value is 6,513.29. It has increased from 3,964.18 (Mar 24) to 6,513.29, marking an increase of 2,549.11.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.09. This value is within the healthy range. It has increased from 0.63 (Mar 24) to 1.09, marking an increase of 0.46.
- For EV / EBITDA (X), as of Mar 25, the value is 12.01. This value is within the healthy range. It has increased from 8.90 (Mar 24) to 12.01, marking an increase of 3.11.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.02. This value is within the healthy range. It has increased from 0.60 (Mar 24) to 1.02, marking an increase of 0.42.
- For Price / BV (X), as of Mar 25, the value is 8.03. This value exceeds the healthy maximum of 3. It has increased from 7.88 (Mar 24) to 8.03, marking an increase of 0.15.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.02. This value is within the healthy range. It has increased from 0.60 (Mar 24) to 1.02, marking an increase of 0.42.
- For EarningsYield, as of Mar 25, the value is 0.03. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.03.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Black Box Ltd:
- Net Profit Margin: 3.41%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 25.09% (Industry Average ROCE: 14.88%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 26.98% (Industry Average ROE: 20.92%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 2.92
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.41
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 30.8 (Industry average Stock P/E: 79.78)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.86
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 3.41%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| IT Consulting & Software | 5th Floor, 501, Building No. 9, Airoli Knowledge Park, New Mumbai Maharashtra 400708 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Dilip Thakkar | Chairman & Ind.Director |
| Mr. Sanjeev Verma | Whole Time Director |
| Mr. Deepak Kumar Bansal | Executive Director |
| Mr. Anshuman Ruia | Executive Director |
| Mr. Naresh Kothari | Non Executive Director |
| Ms. Neha Nagpal | Independent Director |
| Mr. Munesh Khanna | Independent Director |
FAQ
What is the intrinsic value of Black Box Ltd?
Black Box Ltd's intrinsic value (as of 21 January 2026) is ₹719.36 which is 46.51% higher the current market price of ₹491.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹8,361 Cr. market cap, FY2025-2026 high/low of ₹656/321, reserves of ₹871 Cr, and liabilities of ₹3,539 Cr.
What is the Market Cap of Black Box Ltd?
The Market Cap of Black Box Ltd is 8,361 Cr..
What is the current Stock Price of Black Box Ltd as on 21 January 2026?
The current stock price of Black Box Ltd as on 21 January 2026 is ₹491.
What is the High / Low of Black Box Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Black Box Ltd stocks is ₹656/321.
What is the Stock P/E of Black Box Ltd?
The Stock P/E of Black Box Ltd is 30.8.
What is the Book Value of Black Box Ltd?
The Book Value of Black Box Ltd is 53.2.
What is the Dividend Yield of Black Box Ltd?
The Dividend Yield of Black Box Ltd is 0.20 %.
What is the ROCE of Black Box Ltd?
The ROCE of Black Box Ltd is 29.8 %.
What is the ROE of Black Box Ltd?
The ROE of Black Box Ltd is 44.2 %.
What is the Face Value of Black Box Ltd?
The Face Value of Black Box Ltd is 2.00.

