Share Price and Basic Stock Data
Last Updated: December 11, 2025, 10:36 pm
| PEG Ratio | 1.38 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Black Box Ltd operates in the IT Consulting and Software sector, a space that has seen significant growth over the past few years. The company’s revenue trajectory has been relatively impressive, with reported sales increasing from ₹5,370 Cr in FY 2022 to ₹6,288 Cr in FY 2023, showcasing a robust year-on-year growth. However, the latest figures indicate a decline in revenue for FY 2025, which stood at ₹5,967 Cr, down from ₹6,282 Cr in FY 2024. This fluctuation suggests that while the company has experienced growth, it might be facing challenges in sustaining that momentum. Notably, the operating profit margin (OPM) has shown improvement, climbing to 9% in FY 2025 from a mere 5% in FY 2022, reflecting enhanced operational efficiency. The company’s quarterly sales figures also exhibit volatility, with a peak in March 2023 at ₹1,682 Cr, followed by a dip to ₹1,480 Cr in March 2024. This inconsistency calls for careful monitoring as it could signal underlying market pressures or operational issues that need addressing.
Profitability and Efficiency Metrics
The profitability metrics for Black Box Ltd reveal a mixed bag. The net profit for FY 2025 recorded a significant increase to ₹205 Cr from ₹138 Cr in FY 2024, indicating improved profitability. The return on equity (ROE) stands at a striking 44.2%, showcasing the company’s ability to generate profit from shareholders’ equity, which is commendable. However, the return on capital employed (ROCE) of 29.8% suggests that while the company is utilizing its capital effectively, it might benefit from strategies to enhance returns further. The operating profit margin has seen a steady increase, reaching 9% in FY 2025, up from 4% in FY 2023, signaling better cost management and operational efficiency. Nonetheless, the fluctuating other income, which has been negative in several quarters, raises concerns about revenue diversification and reliance on core operations. Investors should be cautious, as this reliance could impact overall profitability if core revenues do not stabilize.
Balance Sheet Strength and Financial Ratios
Black Box Ltd’s balance sheet reflects a growing concern with increased borrowings, which stood at ₹1,038 Cr in FY 2025, up from ₹942 Cr in FY 2024. While the company’s reserves have improved significantly to ₹871 Cr, it’s essential to note that the debt-to-equity ratio is at 0.86, indicating a moderate level of leverage. This could be a double-edged sword; while it allows for growth opportunities, excessive debt can pose risks, especially in a tightening economic environment. The interest coverage ratio (ICR) at 3.75x appears comfortable, suggesting the company can meet its interest obligations with its earnings. However, the current ratio of 1.56 indicates a solid liquidity position, which is critical for meeting short-term liabilities. These financial ratios paint a picture of a company that is navigating its growth phase with some caution, but investors should remain vigilant regarding its debt levels and the potential impact on financial flexibility.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Black Box Ltd reflects a stable yet concentrated ownership structure. Promoters hold a substantial 70.24% stake, which instills a level of confidence in the company’s strategic direction. However, the foreign institutional investors (FIIs) have reduced their stake to 4.22% from 5.58% in December 2022, which might signal a waning interest from international investors. The public shareholding has increased to 25.36%, indicating a growing interest among retail investors. With 88,065 shareholders, the widening base could be a positive sign, suggesting that the company is attracting more retail participation. This could foster a stronger market presence, although it also implies that the company needs to be mindful of public sentiment and perceptions. The low institutional participation could be a red flag, as it often reflects a lack of confidence in the company’s long-term prospects.
Outlook, Risks, and Final Insight
Looking ahead, Black Box Ltd faces a mix of opportunities and risks. On the positive side, its strong ROE and improving operating margins indicate a company that is capable of generating returns for its shareholders. However, the decline in revenue and the increasing debt levels pose significant risks. Investors should be particularly cautious about the company’s ability to sustain profitability in a potentially volatile market. Furthermore, the reliance on a concentrated promoter stake could lead to governance concerns if not managed properly. The fluctuating earnings and the dip in institutional interest could also impact market sentiment. Overall, while Black Box Ltd exhibits strengths in profitability and operational efficiency, it must address its debt management and revenue stability to reassure investors and enhance its growth trajectory. Careful monitoring of its financial health and market conditions will be vital for stakeholders considering their next move.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Black Box Ltd
| 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 | 48.2 Cr. | 15.3 | 15.3/4.43 | 0.20 | 0.00 % | 27.0 % | 90.7 % | 2.00 | |
| Naapbooks Ltd | 139 Cr. | 129 | 194/99.8 | 21.2 | 36.4 | 0.00 % | 23.6 % | 17.1 % | 10.0 |
| IB Infotech Enterprises Ltd | 24.3 Cr. | 190 | 310/140 | 17.4 | 26.7 | 0.53 % | 38.5 % | 35.4 % | 10.0 |
| Hit Kit Global Solutions Ltd | 5.52 Cr. | 1.13 | 1.73/0.91 | 2.47 | 0.00 % | 2.14 % | 2.15 % | 2.00 | |
| Industry Average | 20,431.97 Cr | 554.59 | 86.80 | 123.78 | 0.55% | 14.89% | 20.93% | 6.84 |
Quarterly Result
| Metric | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,442 | 1,372 | 1,562 | 1,672 | 1,682 | 1,571 | 1,574 | 1,655 | 1,480 | 1,423 | 1,497 | 1,502 | 1,545 |
| Expenses | 1,363 | 1,319 | 1,515 | 1,600 | 1,585 | 1,484 | 1,476 | 1,541 | 1,355 | 1,309 | 1,365 | 1,368 | 1,402 |
| Operating Profit | 80 | 52 | 47 | 72 | 97 | 87 | 99 | 114 | 125 | 115 | 133 | 134 | 143 |
| OPM % | 6% | 4% | 3% | 4% | 6% | 6% | 6% | 7% | 8% | 8% | 9% | 9% | 9% |
| Other Income | -7 | 16 | -14 | -9 | -13 | -2 | -5 | 2 | -8 | -14 | -17 | -12 | -10 |
| Interest | 24 | 25 | 25 | 27 | 34 | 33 | 32 | 36 | 40 | 34 | 32 | 31 | 47 |
| Depreciation | 25 | 26 | 31 | 20 | 31 | 28 | 29 | 28 | 29 | 26 | 28 | 31 | 28 |
| Profit before tax | 23 | 18 | -23 | 15 | 19 | 24 | 33 | 52 | 47 | 40 | 55 | 59 | 58 |
| Tax % | 32% | 14% | -2% | 49% | -19% | 2% | 4% | 21% | 13% | 8% | 6% | 5% | -5% |
| Net Profit | 16 | 15 | -23 | 8 | 23 | 24 | 32 | 41 | 41 | 37 | 51 | 56 | 60 |
| EPS in Rs | 0.96 | 0.92 | -1.35 | 0.46 | 1.38 | 1.43 | 1.90 | 2.43 | 2.43 | 2.21 | 3.04 | 3.31 | 3.57 |
Last Updated: May 31, 2025, 6:41 am
Below is a detailed analysis of the quarterly data for Black Box Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Sales, as of Mar 2025, the value is 1,545.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,502.00 Cr. (Dec 2024) to 1,545.00 Cr., marking an increase of 43.00 Cr..
- For Expenses, as of Mar 2025, the value is 1,402.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,368.00 Cr. (Dec 2024) to 1,402.00 Cr., marking an increase of 34.00 Cr..
- For Operating Profit, as of Mar 2025, the value is 143.00 Cr.. The value appears strong and on an upward trend. It has increased from 134.00 Cr. (Dec 2024) to 143.00 Cr., marking an increase of 9.00 Cr..
- For OPM %, as of Mar 2025, the value is 9.00%. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 9.00%.
- For Other Income, as of Mar 2025, the value is -10.00 Cr.. The value appears strong and on an upward trend. It has increased from -12.00 Cr. (Dec 2024) to -10.00 Cr., marking an increase of 2.00 Cr..
- For Interest, as of Mar 2025, the value is 47.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 31.00 Cr. (Dec 2024) to 47.00 Cr., marking an increase of 16.00 Cr..
- For Depreciation, as of Mar 2025, the value is 28.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 31.00 Cr. (Dec 2024) to 28.00 Cr., marking a decrease of 3.00 Cr..
- For Profit before tax, as of Mar 2025, the value is 58.00 Cr.. The value appears to be declining and may need further review. It has decreased from 59.00 Cr. (Dec 2024) to 58.00 Cr., marking a decrease of 1.00 Cr..
- For Tax %, as of Mar 2025, the value is -5.00%. The value appears to be improving (decreasing) as expected. It has decreased from 5.00% (Dec 2024) to -5.00%, marking a decrease of 10.00%.
- For Net Profit, as of Mar 2025, the value is 60.00 Cr.. The value appears strong and on an upward trend. It has increased from 56.00 Cr. (Dec 2024) to 60.00 Cr., marking an increase of 4.00 Cr..
- For EPS in Rs, as of Mar 2025, the value is 3.57. The value appears strong and on an upward trend. It has increased from 3.31 (Dec 2024) to 3.57, marking an increase of 0.26.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 3:45 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 | 5,930 |
| Expenses | 966 | 867 | 876 | 747 | 700 | 1,806 | 4,666 | 4,310 | 5,112 | 6,014 | 5,855 | 5,429 | 5,416 |
| Operating Profit | -191 | 24 | 6 | 32 | 33 | 47 | 328 | 364 | 258 | 273 | 426 | 538 | 514 |
| 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 | -39 |
| Interest | 35 | 26 | 27 | 26 | 25 | 45 | 132 | 98 | 74 | 111 | 141 | 145 | 144 |
| 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 | 217 |
| 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 | 215 |
| 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 | 12.71 |
| 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: December 10, 2025, 3:58 am
| 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 - No data available for this post.
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% |
This stock is not held by any mutual fund.
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: 14.89%)
- 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: 20.93%)
- 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: 32.3 (Industry average Stock P/E: 86.8)
- 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 | info.india@blackbox.com https://www.blackbox.com |
| 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 11 December 2025) is 608.77 which is 18.44% higher the current market price of 514.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 8,765 Cr. market cap, FY2025-2026 high/low of 708/321, 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 8,765 Cr..
What is the current Stock Price of Black Box Ltd as on 11 December 2025?
The current stock price of Black Box Ltd as on 11 December 2025 is 514.
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 708/321.
What is the Stock P/E of Black Box Ltd?
The Stock P/E of Black Box Ltd is 32.3.
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 0.19 %.
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.

