Black Box Ltd (BBOX) — shareholding pattern, promoter holding, financials and share price
About Black Box Ltd (BBOX)
Black Box Ltd operates in the IT Enabled Services industry, within the Information Technology sector. It trades on the NSE as BBOX and on the BSE under scrip code 500463. Its ISIN is INE676A01027.
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]
Black Box Limited is a global digital infrastructure integrator delivering network and system integration, data center build-outs, enterprise networking, modern workplace, cybersecurity and managed services across North America, Europe, APAC, India, MEA and LATAM; it combines product solutions (AV, KVM, IoT) with services and long-term maintenance contracts to enterprise and hyperscaler customers.
Q3 FY26 financials show revenue of ₹1,660 crore (↑11% YoY, ↑5% QoQ), stable EBITDA margin at 8.9% and PAT impacted by a one‑time ₹6 crore Labour Code provision; 9m FY26 revenue was ₹4,631 crore and backlog rose to $601mn, supporting management's confidence in FY27 revenue visibility despite supply-chain related timing shifts.
Listed peers in IT Enabled Services: Netweb Technologies India Ltd, Affle 3i Ltd, Sagility Ltd, Amagi Media Labs Ltd, Cyient Ltd, E2E Networks Ltd.
Valuation & Returns
10 Jul 2026At ₹921.85 a share on 10 Jul 2026, Black Box Ltd (BBOX) was valued at a price-to-earnings ratio of 75.27x against an industry P/E of 30.35x and a price-to-book of 21.58x on a book value of ₹42.72 per share as of Mar 2025. Solomo computes return on equity of 28.67% and return on capital employed of 23.33% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 75.27x
- Industry P/E
- 30.35x
- P/B
- 21.58x
- EPS (TTM)
- ₹12.25
- Book value / share
- ₹42.72
- ROE
- 28.67%
- ROCE
- 23.33%
- ROA
- 7.08%
- Debt / equity
- 1.24x
- Dividend yield
- 0.11%
- EBITDA margin
- 8.12%
- 52-week range
- ₹438 – ₹1,104.3
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Black Box Ltd (BBOX) reported revenue of ₹6,322 crore, net profit of ₹218 crore and earnings per share of ₹12.25. That compares with revenue of ₹5,967 crore and net profit of ₹205 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹1,691 crore and net profit ₹65 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 5,370 | 6,288 | 6,282 | 5,967 | 6,322 |
| Net profit (₹ cr) | 73 | 24 | 138 | 205 | 218 |
| EPS (₹) | 4.43 | 1.41 | 8.19 | 12.09 | 12.25 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 2.03% | 4.03% | 8.68% | -5.01% |
| Profit growth | - | - | 26.92% | 48.75% |
| Stock price CAGR | 53% | 29% | 62% | 60% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 69.95% of Black Box Ltd (BBOX) (down 0.04 pp QoQ), foreign institutional investors (FII) hold 4.69% and domestic institutional investors (DII) hold 3.41%. Market capitalisation was ₹16,372 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: QUANT MUTUAL FUND - QUANT SMALL CAP FUND 3.02%, SUBODH MASKARA 2.47%, INDIA OPPORTUNITIES GROWTH FUND LTD - PINEWOOD STRATEGY 1.79%, SANJEEV S VERMA 1.27%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 69.95% | - | 4.69% | 3.41% | 30.05% |
| Mar 2026 | 69.99% | - | 3.26% | 2.99% | 30.01% |
| Dec 2025 | 70.11% | - | 3.43% | 2.46% | 29.89% |
| Sep 2025 | 70.24% | - | 4.22% | 0.04% | 29.76% |
| Jun 2025 | 70.35% | - | 4.09% | 0.04% | 29.65% |
| Mar 2025 | 70.53% | - | 4.7% | 0.03% | 29.47% |
| Dec 2024 | 70.6% | - | 4.34% | 0.03% | 29.4% |
| Sep 2024 | 71.06% | 8.9% | 3.38% | 0.03% | 28.94% |