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Black Box Limited

Black Box Limited

NSE: BBOX
Software - ApplicationTechnologyMID CAPMCap ₹16.11k Cr
₹907.25₹27.05 (+3.07%)

Market Closed • NSE

Market cap₹16.11k Cr
Enterprise value₹16.25k Cr
P/E TTM69.57
Forward P/E31.34
P/B12.51
EPS TTM₹13.04
Forward EPS₹28.95
ROCE21.60%
D/E0.90
Dividend yield0.00%
Face value₹2.00
52W high₹1,103.00
52W low₹444.30
Price chart(1Y)
1Y Return:-10.93% (₹111.35)
H: ₹1,085L: ₹709.15
1W-1.88%
1M+18.38%
3M+11.80%
6M+65.47%
1Y+69.31%
Today at a glance

Day range

₹874.60₹920.00

52 week range

₹444.30₹1,103.00
Volume813.0K0.65x 20D avg
Free float50.00%-35.20% volume

Black Box Limited closed at INR907.25 (+3.07%) on volume 0.65x its 20-day average, trading 17.75% below its 52-week high.

Technical analysis
RSI (14)61.0Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹45.54High
SMA 20₹844.99BULLISH
SMA 50₹793.89BULLISH
SMA 100₹856.31BULLISH
SMA 200₹722.11BULLISH
CPR bottom₹894.92
Pivot₹890.02
CPR top₹885.11
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -13.8% QoQ

2026-08-28

DIVIDEND Announced

Dividend - Re 1 Per Share

2025-08-29

DIVIDEND Announced

Dividend - Re 1 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹1.15k Cr₹16.11k Cr7.16%≤ 33%PASS
Non-halal income ratio–₹6.32k Cr0.00%≤ 5%PASS
Illiquid assets ratio–₹4.29k Cr—≥ 20%PASS
Receivables ratio–₹4.29k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E69.5723.00
Forward P/E31.34—
P/B12.513.80
EV/EBITDA29.2018.00
PEG—2.20
Earnings yield1.404.30
Growth & profitability
RevenuePAT
FY25PAT margin 3.40%
FY26PAT margin 3.40%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y0.00%
Revenue CAGR 5Y+1.20%
PAT CAGR 3Y+0.10%
PAT CAGR 5Y+1.30%
Operating margin6.59%
Net margin3.40%
Financial health & cash flow
Net debt₹1.15k CrModerate
Interest coverage3.50xEBIT / interest
CFO / PAT0.39x3Y average
Net debt / EBITDA2.07xLeverage
Operating cash flow₹84.0 Cr
Capital expenditure–
Free cash flow₹84.0 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall65/100
Valuation35/100
Profitability80/100
Financial health80/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Strong Capital Efficiency: ROCE stands at 21.6%

Risks

Stretched Valuation: Trading at a high P/E multiple of 69.6x

Bull case

Market Leadership: Established operational scale in Software - Application.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

80%53%27%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
6.25%Institutional holding
23.62%Public holding
5Periods available
0.00%Promoter pledged
73.64KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
28 Aug 2026Dividend₹1.00 / share—28 Aug 2026
29 Aug 2025Dividend₹1.00 / share—29 Aug 2025
—Annual General MeetingAnnual General Meeting—17 Sept 2024
22 Aug 2024Extra Ordinary General MeetingExtra Ordinary General Meeting—22 Aug 2024
—Annual General MeetingAnnual General Meeting—18 Sept 2023
18 Jul 2023Extra-Ordinary General MeetingExtra-Ordinary General Meeting—18 Jul 2023
—Annual General MeetingAnnual General Meeting—16 Sept 2022
17 May 2022Dividend₹10.00 / share—13 May 2022
—Annual General MeetingAnnual General Meeting—18 Oct 2021
—Annual General MeetingAnnual General Meeting—10 Nov 2020
19 Sept 2019Annual General MeetingAnnual General Meeting—18 Sept 2019
—Annual General MeetingAnnual General Meeting—24 Jul 2018
—Annual General MeteingAnnual General Meteing—14 Sept 2017
—Annual General MeetingAnnual General Meeting—20 Sept 2016
—Annual General MeetingAnnual General Meeting—29 Jul 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)31.98%-9.56% latest vs average
Highest delivery47.15%on 24 Sept
Average volume (20D)1.26MTrading-session average
Conviction trendWeakening-9.56% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Tata Consultancy Services Limited
Tata Consultancy Services LimitedTCS
Open analysis
₹8.92L17.282.04%₹72,275.00₹13,420.00+13.93%+4.69%
Infosys Limited
Infosys LimitedINFY
Open analysis
₹4.70L15.824.50%₹48,211.00₹7,775.00+14.03%+12.29%
HCL Technologies Limited
HCL Technologies LimitedHCLTECH
Open analysis
₹3.73L20.423.53%₹34,579.00₹4,626.00+13.94%+20.34%
Wipro Limited
Wipro LimitedWIPRO
Open analysis
₹1.82L14.494.60%₹24,236.30₹3,501.80+7.70%-1.90%
Tech Mahindra Limited
Tech Mahindra LimitedTECHM
Open analysis
₹1.59L28.773.09%₹15,712.00₹1,486.00+17.68%+31.62%
LTM Limited
LTM LimitedLTM
Open analysis
₹1.30L24.901.77%₹11,608.00₹1,469.00+17.96%+17.05%
LG ELECTRONICS INDIA LTD
LG ELECTRONICS INDIA LTDLGEINDIA
Open analysis
₹1.17L63.960.00%₹7,233.35₹652.86——
One97 Communications Limited
One97 Communications LimitedPAYTM
Open analysis
₹1.08L169.180.00%₹2,264.00₹184.00+18.41%+134.07%
About Black Box Limited
Black Box Limited

AGC Networks Ltd. (AGC), incorporated in 1986 by Tata Telecom Pvt. Ltd. to manufacture telecommunication equipment. It is currently held by Essar Telecom Ltd. Over the years, AGC evolved into an information and communication (ICT) solutions provider and integrator with a differentiated vertical approach in business communication systems, applications and services mainly within India.The company is present at multiple geographies such as Middle East, Africa, North America, Australia, New Zealand, Singapore, Philippines and UK servicing over 8000+ customers. [1] [2]

IndiaTechnology

Questions investors ask
Is Black Box Limited Shariah compliant?

Black Box Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (7.16%) complies with AAOIFI threshold (≤ 33%).

What is Black Box Limited's current valuation relative to peers?

Black Box Limited trades at a P/E of 69.6x compared to the sector median of 23x, and a Price-to-Book of 12.5x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.90x and a Net Debt to EBITDA ratio of 2.07x. Interest coverage is 3.5x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 1.2% while net profit growth averaged 1.3%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.