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Black Box Ltd share Price Today

Company details

247.35
255.00
122.35
312.20
6M Return -3.84%
1Y Return 81.76%
Mkt Cap.(Cr) 4,209.89
Volume 61,827
Div Yield 0.00%
OI
-
OI Chg %
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Volume 61,827

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IT Consulting & Software company Black Box announced Q3FY24 & 9MFY24 results:

Financial Performance:
- Revenue: For Q3FY24, Black Box reported a QoQ growth of 5% to Rs 1,655 crore and a YoY growth of 4% to Rs 4,801 crore in 9MFY24.
- EBITDA: EBITDA grew significantly by 62% YoY to Rs 116 crores in Q3FY24, and for 9MFY24, EBITDA increased to Rs 306 crores at a margin of 6.4%, demonstrating a YoY increase of 260 basis points.
- Profit After Tax (PAT): PAT for Q3FY24 surged by 5.2x YoY to Rs 41 crores and increased by 28% on a quarter-on-quarter basis. For 9MFY24, PAT increased to Rs 97 crores, a substantial rise from Rs 1 crore in 9MFY23.

Operational Highlights:
- Margin Enhancement: EBITDA margins rose by 270 basis points YoY to 7.0% for Q3FY24, indicating effective cost rationalization and improved productivity measures.
- Deal Wins: Black Box Limited secured deal wins of over $50 million during the quarter, including notable clients and projects: a social networking giant, a short-form video hosting service provider, correctional departments, engineering services providers, energy companies, defense organizations, and hospitals.

Commenting on the results and performance Sanjeev Verma, Whole Time Director, Black Box said, “We are delighted by our achievements in Q3 and 9MFY24. Our EBITDA margins and overall profitability both on a QoQ and YoY basis have increased substantially due to our emphasis on cost rationalization and enhanced productivity. Strong order book coupled with deal wins in excess of $50 million during the quarter, makes us confident in our resilient business model. As each of our business segments gathers momentum, it reinforces our confidence in delivering improved performance in the upcoming quarters.”

Deepak Kumar Bansal, Executive Director and Global Chief Financial Officer of Black Box, commented, “Revenue for Q3FY24 witnessed a growth of 5% QoQ and was muted on a YoY basis. For 9MFY24 revenue grew by 4% YoY. Our strong focus on profitability over the last few quarters has started yielding positive results as evidenced by our profit after tax surging 5.2 times YoY in Q3FY24. Further, we are optimistic, that this trend to continue both in terms of margin enhancement and overall profitability, boosting our confidence in achieving strong performance in fiscal year 2024 and onwards.”

 

 

Result PDF

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Black Box Ltd shares SWOT Analysis

Strengths (5)

  • Company with high TTM EPS Growth
  • Companies with rising net profit margins - quarterly as well as TTM basis
  • Growth in Net Profit with increasing Profit Margin (QoQ)

Weakness (6)

  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of shareholder funds - ROE declining in the last 2 years
  • Inefficient use of assets to generate profits - ROA declining in the last 2 years

Opportunity (2)

  • Highest Recovery from 52 Week Low
  • RSI indicating price strength

Threats (2)

  • Promoter decreasing their shareholding
  • Increasing Trend in Non-Core Income

Resistance and support

R1 254.6
R2 258.6
R3 262.2
Pivot

250.97

S1 246.9
S2 243.3
S3 239.3
EMA SMA
242.5
246.7
248.5
235.3
235.6
243.9
260.9
243.5
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
EBONY ADVISORS LLP Bulk Purchase 2020-12-29 764.13 250000 NSE
NCUBE VENTURES LLP Bulk Sell 2020-12-29 764.13 250000 NSE
CITOC INVESTMENT SERVICES LLP Bulk Purchase 2020-10-20 470 290964 NSE
Name Category Shares
Essar Telecom Limited PROMOTER 71.09%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
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Black Box Ltd Stocks COMPARISON

Financials( in Cr) Black Box Ltd Tata Consultancy Services Ltd Infosys Ltd HCL Technologies Ltd Wipro Ltd
Price 250.55 3,849.50 1,465.10 1,345.20 463.65
% Change -0.44 -1.13 -0.50 -0.62 -0.46
Mcap Cr 4,209.89 1,392,782.98 608,143.52 365,042.22 242,263.52
Revenue TTM Cr 6,287.56 240,893.00 153,670.00 101,456.00 90,487.60
Net Profit TTM Cr 23.70 46,099.00 26,248.00 14,845.00 11,366.50
PE TTM 25.25 29.90 23.37 23.26 21.94
1 Year Return 81.76 16.76 12.70 21.48 16.60
ROCE 15.43 62.85 44.74 27.62 17.11
ROE 11.16 51.04 37.12 23.32 15.89
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 296.02 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 33,796.39 -24,413.80
LAST 3M 102,786.44 -26,675.26
LAST 6M 169,824.52 52,410.32
LAST 12M 262,867.28 126,756.31
Black Box Limited - Analysts/Institutional Investor Meet/Con. Call Updates

May 24, 2024 l NSE Announcement

Black Box Limited - Analysts/Institutional Investor Meet/Con. Call Updates

May 21, 2024 l NSE Announcement

Date Action Type Ratio
May 13, 2022 Split 1:5

Black Box Ltd Information

Stock PE (TTM)
25.25
Promoter Holding
71.09%
Book Value
20.9031
ROCE
15.43%
ROE
11.16%
Description
  • AGC Networks is an IT Consulting & Software company, having its market capitalization worth Rs.1054.22 Crore as of 11th May 2021. The company was incorporated in 1986. The company has reported its consolidated annual sales turnover of Rs. 309.35 Crores at the end of March 2020. This company is listed on the Bombay Stock Exchange (BSE), having the code 500463 and on the National Stock Exchange (NSE) with the symbol AGCNET. AGC Networks was incorporated to manufacture electronic private automatic branch exchange (EPABX). The company provides other services such as software installation, software integration, commissioning and service supports. Tata Industries Limited is promoting the company. It executed a technology transfer in 1991 and agreed with the Japan Radio Co. Ltd. for 120 channel digital UHF equipment. The company completed the acquisition of Ensource Biz in 2015 and, in the same duration, stepped up its focus on customer satisfaction. The company's progress in 2016 was marked by the Avaya Unified Communications Partner of the year Award received in Dubai. The company completed the acquisition of 76% stake in Z Services HQ DMCC in March 2021 through its indirectly wholly-owned subsidiary Black Box Holdings. The shares of AGC Networks rose by 5% when the company forays into the Cloud Cyber Security business in April 2021. Stable/ CARE A3 rating had been assigned to the company in March 2021 by CARE to the company's bank facilities. In the same month, AGC networks allotted 16.34 lakh shares (equity shares) on converting the warrants when the paid-up share capital stood increased to 31,56,50,070 shares of Rs. 10 each. The company works in the sectors like banking and financial services industries, travel and hospitality industry, education, IT/ ITES, healthcare, and manufacturing. It spans over 30 plus countries across the world. The company partners include reputed names like Assertion, AMC Technology, Aruba Networks, ACCU-Tech, Citrix, CISCO and Avaya. The company is excelling as a solutions integrator in enterprise communication in India.

Registered Address

01 5th Floor Bulding No 9, Airoli Knowledge Park MIDC, Navi Mumbai, Maharashtra, 400708

Email : investors:agcnetworks.com
Website : http://www.agcnetworks.com
Registrar

Datamatics Financial Services

AGM Date (Month) : Sep
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 500463
NSE Code : BBOX
Book Closure Date (Month) : Sep
BSE Group : B
ISIN : INE676A01027

FAQ’s on Black Box Ltd Shares

You can buy Black Box Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Black Box Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 24, 2024 03:51 PM the closing price of Black Box Ltd was Rs.250.55.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 24, 2024 03:51 PM, the market cap of Black Box Ltd stood at Rs. 4,209.89.

The latest PE ratio of Black Box Ltd as of May 24, 2024 03:51 PM is 25.25

The latest PB ratio of Black Box Ltd as of May 24, 2024 03:51 PM is 0.08

The 52-week high of Black Box Ltd share price is Rs. 312.20 while the 52-week low is Rs. 122.35

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