Black Box Ltd

Black Box Ltd has submitted its Annual Report for the Financial Year 2025-26, in compliance with SEBI LODR Regulations. This report includes the Notice of the 40th Annual General Meeting (AGM), scheduled for September 16, 2026, to be held via Video Conferencing. The report details the company's performance, strategy, financial statements, and ESG initiatives, highlighting its focus on enabling the infrastructure for the AI era. The company emphasizes its readiness with expanded capabilities and its role in powering global connectivity and enterprise operations. The Annual Report is available on the company's website.

Black Box Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, as required by SEBI regulations. The report details the company's operations, including its primary business in Information & Communication Technologies (ICT) Solution Integration, which accounts for 100% of its turnover. The company operates globally with 13 national and 52 international locations. The report also provides employee statistics, noting 2,931 permanent employees and 496 workers, with a significant portion of employees being male. Notably, the company did not obtain external assessment or assurance for its sustainability disclosures, relying instead on internal validation processes. The report is available on the company's website.

Black Box Ltd has announced its 40th Annual General Meeting (AGM) will be held on September 16, 2026, at 11:00 AM IST via Video Conferencing. The meeting will cover ordinary business, including the adoption of audited financial statements for FY26, re-appointment of a director retiring by rotation, and declaration of final dividend. Special business includes reclassification of authorized share capital and alteration of the Memorandum of Association. The notice of the AGM is being dispatched electronically to members and is also available on the company's website.

Black Box Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, issued by CARE Ratings Limited. The report pertains to a preferential issue of share warrants aggregating to Rs. 386.36 crore. CARE Ratings confirms there has been no deviation from the objects of the issue. The report details the issue size, type, and terms, including the allotment of 92,65,215 warrants convertible into equity shares at an issue price of Rs. 417 each. The company is required to disseminate this report to stakeholders.

Black Box Limited has announced a significant win, securing a US$131 million (~₹1,240 crore) order from a new U.S.-based global Tier-1 hyperscaler for a major data centre project. This marks a substantial breakthrough into the U.S. hyperscaler market, adding a new marquee customer to Black Box's portfolio. The engagement, expected to span approximately three years with potential for further expansion, underscores Black Box's capabilities in executing large-scale, mission-critical digital infrastructure projects. The company's CEO highlighted this as a landmark achievement in their hyperscaler growth journey, reinforcing their position as a trusted AI-led digital infrastructure partner.

Black Box Limited has released its unaudited consolidated financial results for the first quarter of FY27, ending June 30, 2026. The independent auditor, MSKA & Associates LLP, has reviewed the statement and found no material misstatements. However, the report highlights delays in remittance of import payments (₹20.95 crores), repatriation of export proceeds (₹9.21 crores), and other receipts (₹9.15 crores) beyond stipulated timelines under the Foreign Exchange Management Act, 1999. Applications for condonation of these delays have been filed with the Authorised Dealer Category-I bank, with responses awaited. The auditor's conclusion is not modified in respect of this matter.

Black Box Limited has announced that its 40th Annual General Meeting (AGM) will be held on Wednesday, September 16, 2026, at 11:00 AM IST. The meeting will be conducted virtually via Video Conferencing facilitated by NSDL. The board approved this date at their meeting on August 12, 2026. The cut-off date for determining eligible shareholders for e-voting is September 9, 2026. This announcement is for the information and dissemination to all stakeholders.

Black Box Ltd announced that its Board of Directors has fixed Friday, August 28, 2026, as the record date to determine shareholder eligibility for the final dividend for the Financial Year 2025-26. This dividend is subject to member approval at the upcoming Annual General Meeting (AGM). Additionally, Wednesday, September 9, 2026, has been set as the cut-off date for determining eligible shareholders to vote on resolutions at the AGM. Remote e-voting will be open from Sunday, September 13, 2026, to Tuesday, September 15, 2026.

Black Box Limited announced its unaudited financial results for Q1 FY27, reporting a 24% year-on-year increase in revenue to ₹1,719 crore. EBITDA grew by 38% to ₹160 crore, with a margin of 9.3%. The company's order backlog reached an all-time high of US$949 million, an 83% increase YoY, driven by new hyperscaler wins and gigawatt-scale data center execution. This strong performance marks a robust start to the company's next phase of growth, supported by increased participation in the AI infrastructure build-out and a strengthened financial position. Black Box is targeting US$2 billion in revenue by FY30.

Black Box's consolidated (primary) revenue for Q1 FY27 (quarter ended June 30, 2026) came in at ₹1,718.50 Cr, up 23.9% YoY from ₹1,386.74 Cr and up a modest 1.6% QoQ from ₹1,690.94 Cr. Consolidated PAT was ₹55.92 Cr, up 17.9% YoY on a reported basis (~24.6% YoY on an adjusted basis excluding exceptional items on both sides — ₹18.91 Cr of severance/lease-foreclosure charges this quarter vs ₹12.60 Cr a year ago) but down 13.7% sequentially from ₹64.76 Cr. Basic EPS was ₹3.15 (₹4.21 before exceptional items) against ₹2.80 in Q1 FY26 and ₹3.78 in Q4 FY26. Net profit margin slipped to 3.25% from 3.42% YoY and 3.83% QoQ. Topline growth was led by System Integration (+21.6% YoY to ₹1,412.54 Cr) and Technology Product Solutions (+41.6% YoY to ₹267.06 Cr), and includes roughly two months of inorganic contribution from the 2S Inovações Tecnológicas (Brazil) acquisition completed May 1, 2026 for ₹496.59 Cr; stripping an estimated ~₹83 Cr of 2S revenue still leaves organic growth near 18% YoY. At the operating level, segment results improved to ₹113.34 Cr (6.6% of revenue) from ₹78.23 Cr (5.6%) a year ago, but that gain was offset below the line: finance costs jumped 43% YoY to ₹48.00 Cr (from ₹33.58 Cr), largely funding the acquisition, while exceptional severance/lease charges rose to ₹18.91 Cr. Technology Product Solutions stayed loss-making, with its segment loss widening to ₹(14.11) Cr from ₹(6.28) Cr YoY. Standalone results were weaker still — a ₹2.40 Cr loss (EPS -₹0.14) versus a ₹1.16 Cr profit a year ago. Revenue growth of 23.9% YoY (~18% ex-acquisition) exceeds the 12-15% organic growth range management has targeted for FY27, and stays consistent with the FY30 roadmap laid out on the Q1 FY26 call (₹18,000 Cr revenue by FY30, split ₹12,000 Cr organic/₹6,000 Cr inorganic, 10%+ EBITDA margins). No formal quarterly guidance figure or a confirmed published Street consensus for this specific print could be found — brokerage previews (CompoundingAI) flagged the 2S Brazil contribution and working-capital normalization as the quarter's watch items rather than giving point estimates, so vsStreet is unknown. No separate management press release commentary was captured alongside this filing; the notes instead flag FEMA-related remittance delays (₹20.95 Cr consolidated, procedural per the auditor) and confirm the New Labour Code impact already booked in FY26. The Board also fixed August 28, 2026 as the record date for the ₹1/share final FY26 dividend and set the 40th AGM for September 16, 2026. Going into Q2 FY27, the print sets up two things to track: whether the full-quarter contribution from 2S Brazil proves margin-accretive as management has indicated, and whether finance costs stabilize once acquisition funding normalizes — both will decide whether NPM recovers toward last year's 3.4-3.8% range or stays compressed near 3.25%.