Black Box Limited, a leading provider of digital infrastructure solutions, has announced its audited financial results for the quarter and year ended March 31, 2026. The company reported a significant increase in its order backlog, which now stands at approximately ₹7,000 crore, reflecting a 57% year-on-year growth. This robust backlog provides strong revenue visibility and positions the business for a solid start to FY27.
In Q4 FY26, Black Box recorded a 9% year-on-year increase in revenue, reaching ₹1,691 crore compared to ₹1,545 crore in the same quarter of the previous year. The company’s EBITDA also grew by 12% year-on-year to ₹164 crore, up from ₹147 crore in Q4 FY25. The profit after tax (PAT) rose by 7% to ₹65 crore from ₹60 crore in Q4 FY25, indicating improved operational efficiency.
The quarter saw Black Box securing new orders worth $377 million (approximately ₹3,331 crore), with key wins including a $75 million (approximately ₹663 crore) data centre services engagement from a leading US-based global hyperscaler and a multi-year strategic engagement worth over $90 million (approximately ₹795 crore) with a major U.S. international airport.
Black Box’s board has recommended a final dividend of 50% (₹1 per equity share of face value ₹2 each), subject to shareholder approval. The company also completed the acquisition of Brazil-based 2S Inovações Tecnológicas S.A., enhancing its presence in Latin America and strengthening capabilities in high-growth segments.
During the year, Black Box successfully raised ₹386.36 crore through the conversion of warrants, with promoters contributing ₹200 crore, representing 51.76% of the total capital infusion. Following this, promoter shareholding stands at 69.99%.
Mr. Sanjeev Verma, Executive Director & CEO, highlighted the company’s strong position to capitalise on the global AI-driven infrastructure boom, while Mr. Deepak Kumar Bansal, Executive Director and Global CFO, emphasised the focus on scalable growth and financial discipline.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).