# Black Box share price today (Black Box Ltd, NSE: BBOX)

> Black Box share price today: ₹797.75 at the NSE close on 3 November 2026, up 50.3% in a year. Black Box (NSE: BBOX) is worth ₹14,163 crore, trades at a P/E of 49.5 and has closed between ₹461.60 and ₹1,078.20 over the past 52 weeks. > Black Box Ltd's share price has risen faster than its earnings: +50.3% in a year, against +1.3% for earnings per share. BBOX · Data Centre · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/black-box-ltd

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## Key numbers

- Business trend: Slowing from a peak, from the last 12 quarters
- Price: ₹797.75 (+50.3% in a year)
- P/E: 49.5× (higher than 85% of the last 8.4 years)
- Revenue (Jun 2026): ₹1,718 Cr (+23.9% on a year ago)
- Profit (Jun 2026): ₹56.0 Cr (+19.1% on a year ago)
- Operating margin: 9.0% (+1.0 points on a year ago)
- ROCE: 22%, FY26
- ROIC: 22.1%, against a 12.0% cost of capital: +10.1 points

The main question: profits are rising, but only 22% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the Black Box share price today? Black Box Ltd's share price was ₹797.75 at the close on 3 November 2026. It has been rising for 27 weeks. That is 6.8% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹462 and ₹1,078, and at that close it sat 55% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 5 weeks in a row. Over the last 11 years the share price moved +5,162% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Black Box this quarter? Two changes stood out: revenue up on a year earlier for 4 quarters in a row and highest quarterly revenue in 15 quarters. 1. Revenue up on a year earlier for 4 quarters in a row In the June 2026 quarter revenue was ₹1,718 crore, +23.9% on a year earlier. Why: Revenue rose because the company worked through a large pile of orders and got more data center work from big cloud companies. Next results: check fresh awards and whether new data center orders turn into revenue. From the earnings call on 29 Sep 2026. 2. Highest quarterly revenue in 15 quarters Revenue of ₹1,718 crore in the June 2026 quarter is the highest of the last 15 quarters. ## What are Black Box's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Black Box reported revenue of ₹1,718 crore, up 23.9% from ₹1,387 crore a year earlier, and a profit of ₹56.0 crore, up 19.1% from ₹47.0 crore. ### Black Box results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹1,718 crore | ₹1,387 crore | +23.9% |
| Profit | ₹56.0 crore | ₹47.0 crore | +19.1% |
| Earnings per share | ₹3.15 | ₹2.79 | +12.9% |
| Operating margin | 9.0% | 8.0% | +1.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Black Box's management discussed these results on a call held on 29 September 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Black Box share price history? Black Box closed at ₹797.75 on 3 November 2026, up 50.3% from ₹530.65 a year earlier (31 October 2025) and up 305.9% over five years. Its highest weekly close since March 2016 was ₹1,078.20 on 4 June 2026. ### Black Box share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹805.10 | −0.9% |
| 1 month ago · 1 Oct 2026 | ₹795.85 | +0.2% |
| 6 months ago · 30 Apr 2026 | ₹639.60 | +24.7% |
| 1 year ago · 31 Oct 2025 | ₹530.65 | +50.3% |
| 3 years ago · 3 Nov 2023 | ₹252.45 | +216.0% |
| 5 years ago · 4 Nov 2021 | ₹196.56 | +305.9% |
| 10 years ago · 4 Nov 2016 | ₹19.86 | +3,916.9% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹15.16 | +5,162.2% |
| Highest weekly close since March 2016, also the 52-week high · 4 Jun 2026 | ₹1,078.20 | −26.0% |
| Lowest weekly close since March 2016 · 26 Oct 2018 | ₹10.36 | +7,600.3% |
| 52-week low (weekly close) · 27 Mar 2026 | ₹461.60 | +72.8% |

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (563 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Black Box? 3 Nov 2026: Black Box closed at ₹797.75, down 0.9% on the week and up 0.2% on the month. 29 Sep 2026: Black Box held its results call for April to June 2026. Management guided: FY27 revenue ₹7,800-8,000 crore, operating profit ₹725-750 crore, and profit ₹300-325 crore; growth ranges 23-27%, 27-32%, and 38-50% respectively. ### Earlier

- 28 Aug 2026: ex-date for a dividend of ₹1 a share. - Results for April to June 2026: Revenue up 23.9% and profit up 19.1% on a year earlier. ## What dividend does Black Box pay? Black Box paid ₹1 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.13% at the ₹797.75 close on 3 November 2026. The last was a dividend of ₹1 a share, ex-date 28 August 2026. ### Black Box dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 28 Aug 2026 | ₹1 | Dividend |
| 29 Aug 2025 | ₹1 | Dividend |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 1 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Black Box Ltd paid out 8% of its profit as dividends in FY26, and it paid a dividend in 2 of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Black Box management say on the latest results call? On the call for April to June 2026, held on 29 September 2026, Black Box's management guided: FY27 revenue ₹7,800-8,000 crore, operating profit ₹725-750 crore, and profit ₹300-325 crore; growth ranges 23-27%, 27-32%, and 38-50% respectively. > “We do not want to simply add revenue. If we cannot improve the business or make it better, or if we cannot preserve our return on capital or equity, we do not want to pursue the acquisition.”
> Sanjay Verma, CEO, on the call for April to June 2026

### What management guided

- FY27 exit backlog $1.3-1.4 billion, equivalent to 65-70% growth. - FY27 bookings $1.4-1.5 billion, with hyperscalers and colocation providers the main incremental sources. - FY30 revenue around $2 billion / approximately ₹20,000 crore, including around ₹12,000 crore organic and approximately $200 million operating profit. - FY30 inorganic revenue ambition ranged from $600-700 million in prepared remarks to approximately $700-800 million under questioning. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/332-29-Sep-2026.pdf). (From the call for April to June 2026, 29 September 2026.)

## What to watch in Black Box's next results? When Black Box reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: September receivables to normalise versus the March position - check collection timing and project billing in the next print. - What to check (from the call)
- September receivables to normalise versus the March position - check collection timing and project billing in the next print. - Hyperscaler and colocation bookings to sustain backlog conversion - check fresh awards and executable project revenue next quarter. - Data-center delivery capacity to scale without site delays - check hiring progress alongside turbine, chip, memory, and fiber availability. - Further acquisitions to advance without weakening returns - check signed transactions, payment structures, and accretion evidence. ## Which stock lists is Black Box on? Black Box is on 2 of our India lists: Small & mid cap stocks and AI & data centre stocks. - [Small & mid cap stocks Size rank in India: 455](https://www.sectoralpha.in/small-cap-stocks-india)
- [AI & data centre stocks Group on the list: Data centre suppliers](https://www.sectoralpha.in/ai-stocks-india)

## Is Black Box profitable? Black Box Ltd earned ₹56.0 Cr of net profit in the Jun 2026 quarter, +19.1% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹218 Cr. That is 3.3% of the quarter's revenue. The same quarter a year earlier earned ₹47.0 Cr. For the full year, FY26 profit was ₹218 Cr (+6.3% on the year before). Why profit moved: revenue changed +23.9% on a year earlier and the margin moved +1.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +6.6% and revenue +12.4%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Black Box make, and is it growing? Black Box Ltd reported ₹1,718 Cr of revenue in the Jun 2026 quarter, +23.9% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 10 years it has grown 21.8% a year on average. The last full year, FY26, came in at ₹6,322 Cr. The last four reported quarters add to ₹6,654 Cr. FY26 revenue was ₹6,322 Cr, +5.9% on the year before. Recent pace: the last four quarters grew +12.4% on average, against 21.8% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +12.2%, against +4.2% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +6.1%, against +22.6% a year (rolling over). ## How much of every ₹100 of sales does Black Box keep? Black Box Ltd's operating margin was 9.0% in the Jun 2026 quarter, 1.0 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 13 years it has been between −25.0% and 9.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +0.9 percentage points on the year while gross margin changed +3.5 points. So the gain came mostly from the gross margin, which means input costs and prices charged. When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold. ## Is Black Box's profit turning into cash? Over the last 3 years, 22% of Black Box Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 it brought in ₹84.0 Cr of operating cash against ₹218 Cr of profit. After ₹230 Cr of spending on assets, free cash was −₹146 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 22% of profit came in as cash: the cash cycle got 58 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page. What to look at next: less of the profit turns into cash than it should, and the cash cycle is 58 days longer. The next section looks at where the cash is stuck. ## Where does Black Box's cash go? Black Box Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was −10 days in FY26, up from −68 days in FY21. It spent ₹430 Cr on assets over the last 3 years. Customers take 67 days to pay, and stock sits for 53 days on average. At FY26 sales of ₹6,322 Cr, each day of that cycle ties up about ₹17.3 Cr, so roughly −₹173 Cr is tied up in the business at any time. FY26: customers took 67 days to pay and stock sat for 53 days, about 1.7 months of sales sitting as stock, for a full cycle of −10 days, longer than FY21's −68. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 53 days. Customers pay about 67 days after that. Suppliers are paid at 129 days. Together that makes the −10-day cycle. Spending on assets: ₹430 Cr over the last 3 years, against ₹343 Cr of depreciation (the yearly wear and tear on existing assets). So it is building a little beyond replacing what wears out. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet. In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit. ## What is Black Box's P/E ratio, and how does it compare with its own history? Black Box Ltd's P/E is 49.5×, near the high end of its own history: higher than 85% of past readings. Its usual P/E (the middle reading) is 32.8×, over 8.4 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹12.99. Why the multiple is where it is: over the past year earnings per share moved +1.3% while the price moved +50.3%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +32.3% a year; about +16.4% a year came from earnings growth and about +15.9 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Black Box business getting better or worse? Black Box Ltd's business is slowing from a peak. Profit and EPS growth have slowed sharply (profit growth from +500.0% at its peak to +6.1% now), while ROCE is still 20.2%. This is based on 12 quarters of 4 measures. Why it matters: slowing from a peak is where good stories often end quietly. ## How much does Black Box earn on its capital? Black Box Ltd earned a ROCE of 22% in FY26. That is up from a low of −45% in FY14. Its return on capital used (ROIC) is 10.1 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 3.4% net margin and 1.47× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 3.4% net margin × 1.47× asset turnover × 3.34× leverage (assets divided by equity) ≈ 16.7% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 22.1% − 12.0% = +10.1 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value. The 22.1% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 23.6%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Black Box have too much debt? Black Box Ltd has total debt of ₹1,153 Cr against shareholder equity of ₹1,287 Cr as of Jun 2026, so its debt is 0.90× its equity. Year by year, that ratio went from 1.85 in FY22 to 0.90 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Black Box shareholding pattern? Domestic institutions raised their stake in Black Box Ltd by 3.3 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 3.3% of the company. Promoters moved −1.1 points over the same period, to 70.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +3.3 points over 8 quarters, to 3.3%; Promoters: −1.1 points over 8 quarters, to 70.0%; Foreign institutions: +0.4 points over 8 quarters, to 3.8%. Why the owners changed: domestic institutions drove it (+3.3 points), with the other side taken by promoters (−1.1 points). They raised their stake step by step. ## How far is Black Box from balance-sheet trouble? For Black Box Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Black Box rank in its industry? 51.2 out of 100, rank 3 of 5 in Data Centre, with 96% of the evidence available. Black Box Ltd scores 51.2 out of 100 against the 5 companies it is compared with in Data Centre, ranking 3. Relative strength against the index is 20.5%, and revenue and profit growth are weak. The four parts add up to the total exactly: 12.2 + 15.3 + 4.5 + 19.2 = 51.2. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Black Box compared with? Black Box ranks 3 of 5 Data Centre companies on the 4-Factor Sector Score, with 51.2 out of 100. 1. [E2E Networks Ltd](https://www.sectoralpha.in/stocks/e2e-networks-ltd) E2E · leader · Evidence leans up · 74% evidence 59.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.6/35 · Revenue 100% · Profit 100% · Operating margin change 36 points · 74% evidence Capital efficiency 9.3/25 · ROCE -0.5% · Operating margin 77% · 100% evidence Valuation 8.5/20 · P/E 91.2× · PEG n/a · 15% evidence Relative strength 14.0/20 · Lead over its industry 35% · Lead over NIFTY 500 44.3% · 1 year 68.3% · 100% evidence · 12 of 12 weeks ahead Exact sum: 27.6 + 9.3 + 8.5 + 14 = 59.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Netweb Technologies India Ltd](https://www.sectoralpha.in/stocks/netweb-technologies-india-ltd) NETWEB · losing its lead · Evidence leans up · 83% evidence 54.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.1/35 · Revenue 100% · Profit 100% · Operating margin change 0 points · 100% evidence Capital efficiency 17.4/25 · ROCE 37.5% · Operating margin 15% · 100% evidence Valuation 9.3/20 · P/E 67.8× · PEG n/a · 15% evidence Relative strength 8.1/20 · Lead over its industry -2.2% · Lead over NIFTY 500 9.5% · 1 year 3.3% · 100% evidence · 9 of 12 weeks ahead Exact sum: 20.1 + 17.4 + 9.3 + 8.1 = 54.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. Black Box Ltd this page BBOX · turning · Evidence leans up · 96% evidence 51.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.2/35 · Revenue 12.2% · Profit 6.1% · Operating margin change 1 points · 88% evidence Capital efficiency 15.3/25 · ROCE 21.6% · Operating margin 9% · 100% evidence Valuation 4.5/20 · P/E 49.5× · PEG 2.36 · 100% evidence Relative strength 19.2/20 · Lead over its industry 8.9% · Lead over NIFTY 500 20.5% · 1 year 50.1% · 100% evidence · 3 of 12 weeks ahead Exact sum: 12.2 + 15.3 + 4.5 + 19.2 = 51.2 · What this means: Relative strength against the index is 20.5%, and revenue and profit growth are weak. 4. [Anant Raj Ltd](https://www.sectoralpha.in/stocks/anant-raj-ltd) ANANTRAJ · quiet · Evidence leans down · 93% evidence 45.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.4/35 · Revenue 12.3% · Profit 21.3% · Operating margin change 3 points · 100% evidence Capital efficiency 11.8/25 · ROCE 12.1% · Operating margin 30% · 100% evidence Valuation 10.2/20 · P/E 27× · PEG 1.81 · 65% evidence Relative strength 0.8/20 · Lead over its industry -25.2% · Lead over NIFTY 500 -13.9% · 1 year -30.6% · 100% evidence · 8 of 12 weeks ahead Exact sum: 22.4 + 11.8 + 10.2 + 0.8 = 45.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Techno Electric & Engineering Company Ltd](https://www.sectoralpha.in/stocks/techno-electric-engineering-company-ltd) TECHNOE · quiet · Evidence leans down · 81% evidence 41.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.8/35 · Revenue 38.7% · Profit -6.5% · Operating margin change -2 points · 88% evidence Capital efficiency 12.1/25 · ROCE 14.9% · Operating margin 16% · 100% evidence Valuation 11.9/20 · P/E 22.4× · PEG 1.63 · 100% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -18.8% · 1 year -37.1% · 25% evidence · 0 of 12 weeks ahead Exact sum: 9.8 + 12.1 + 11.9 + 7.5 = 41.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Data Centre](https://www.sectoralpha.in/sectors/data-centre), all 5 compared on one page. ## Which companies are close to Black Box in size? Black Box is the 3rd largest of 5 Data Centre companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Netweb Technologies India and Anant Raj. Just below it: E2E Networks and Techno Electric & Engineering Company. ### Data Centre companies close in size

1. [Netweb Technologies India Ltd](https://www.sectoralpha.in/stocks/netweb-technologies-india-ltd) ₹24,805 crore
2. [Anant Raj Ltd](https://www.sectoralpha.in/stocks/anant-raj-ltd) ₹16,097 crore
3. Black Box Ltd ₹14,150 crore
4. [E2E Networks Ltd](https://www.sectoralpha.in/stocks/e2e-networks-ltd) ₹10,698 crore
5. [Techno Electric & Engineering Company Ltd](https://www.sectoralpha.in/stocks/techno-electric-engineering-company-ltd) ₹9,645 crore

[All 5 Data Centre companies, largest first](https://www.sectoralpha.in/sectors/data-centre#all-companies)

### Companies close in size in other industries

1. [Chambal Fertilisers & Chemicals Ltd](https://www.sectoralpha.in/stocks/chambal-fertilisers-chemicals-ltd) ₹14,179 crore · Fertilisers
2. [Engineers India Ltd](https://www.sectoralpha.in/stocks/engineers-india-ltd) ₹14,155 crore · Infra - Engineering - General
3. Black Box Ltd ₹14,150 crore
4. [Indegene Ltd](https://www.sectoralpha.in/stocks/indegene-ltd) ₹14,141 crore · Services - Others
5. [Century Plyboards (India) Ltd](https://www.sectoralpha.in/stocks/century-plyboards-indialtd) ₹14,117 crore · Plywood Boards/Laminates

## What else do people ask about Black Box? ### What is Black Box's share price today? Black Box Ltd's share price is ₹797.75, +50.3% over the past year. The whole company is worth ₹14,163 Cr on the market. In the last 52 weeks it traded between ₹462 to ₹1,078; today it is 55% of the way up from the low, 6.8% above its 200-day average (as of 3 November 2026). ### What were Black Box's latest quarterly results? Black Box Ltd reported revenue of ₹1,718 Cr and net profit of ₹56.0 Cr for the Jun 2026 quarter. Revenue rose 23.9% and profit rose 19.1% compared with a year earlier. Earnings per share were ₹3.15. The operating margin was 9.0%, 1.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Black Box's market cap? Black Box Ltd's market capitalisation is ₹14,163 Cr at a share price of ₹797.75. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Black Box performing? Black Box Ltd's share price has been rising for 27 weeks. In its latest quarter, revenue rose 23.9% and profit rose 19.1% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 5 weeks running (as of 3 November 2026). ### Will Black Box's share price go up? This page does not forecast Black Box Ltd's share price. What it shows instead: the share price is ₹797.75, and it has been rising for 27 weeks. Its P/E of 49.5× is higher than 85% of its own last 8 years (as of 3 November 2026). ### Where is Black Box in its business cycle? Black Box Ltd's FY26 operating margin was 9.0%, against a 13-year range of −25.0% to 9.0%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 9.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Black Box story? The main question: profits are rising, but only 22% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Black Box a stock worth studying right now? What the numbers show: Black Box Ltd's share price has risen faster than its earnings: +50.3% in a year, against +1.3% for earnings per share. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Black Box share price forecast for 2026? What management itself guided: FY27 revenue ₹7,800-8,000 crore, operating profit ₹725-750 crore, and profit ₹300-325 crore; growth ranges 23-27%, 27-32%, and 38-50% respectively. ## Lists

- Small & mid cap stocks: https://www.sectoralpha.in/small-cap-stocks-india
- AI & data centre stocks: https://www.sectoralpha.in/ai-stocks-india

This is research, not advice. We’re not SEBI-registered.