Please find enclosed herewith the Press Release for Audited Financial Results for the Q4FY26
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 26 May 2026, 05:37 PM IST · BSE ID: 5a863453-faac-4e91-9ef6-e114d7087b95
View Original BSE Filing (PDF)
💡
In Simple Terms
Black Box reported strong full-year financial results, crossed $1 billion in orders, increased its backlog, and declared a dividend.
🤖 AI Summary
- Black Box Ltd. reported Q4 FY26 consolidated revenue of ₹1,691 crore and full-year FY26 revenue of ₹6,322 crore.
- FY26 order bookings surpassed $1 billion; order backlog increased 57% YoY to approximately $792 million (~₹7,000 crore).
- The Board recommended a 50% final dividend (₹1 per equity share of face value ₹2 each) for FY26.
- Black Box completed the acquisition of Brazil-based 2S Inovações Tecnológicas S.A., effective May 1, 2026.
- Promoter shareholding increased to 69.99% after converting ₹386.36 crore worth of warrants at ₹417 per share.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Consolidated Revenue Q4 FY26
₹1,691 crore
9%
Consolidated EBITDA Q4 FY26
₹164 crore
12%
Consolidated PAT Q4 FY26
₹65 crore
7%
Consolidated Revenue FY26
₹6,322 crore
6%
Consolidated EBITDA FY26
₹570 crore
7%
Consolidated PAT FY26
₹218 crore
6%
Order Backlog FY26
$792 million
57%
Promoter Shareholding
69.99%
🏢 How This Affects the Company
The increased order backlog of $792 million and completion of the 2S Inovações Tecnológicas S.A. acquisition enhance Black Box's revenue visibility and expand its Latin American market presence and service capabilities.
Consolidated Q4 FY26 revenue grew 9% YoY to ₹1,691 crore, and full-year FY26 revenue grew 6% YoY to ₹6,322 crore. The warrant conversion raised ₹386.36 crore, strengthening the balance sheet and increasing promoter shareholding to 69.99%.
The acquisition of 2S Inovações Tecnológicas S.A. strengthens global delivery capabilities in data center networking, digital connectivity, cybersecurity, and managed infrastructure services. This is expected to contribute approximately ₹500 crore in annualized revenue.
The successful fundraise through warrant conversion, with significant promoter contribution, reduces financial risk by strengthening the balance sheet.
👥 What This Means For Shareholders
✅
Action Required
Shareholders must approve the recommended 50% dividend at the upcoming Annual General Meeting.
👤
Who Is Affected
Shareholders holding equity shares with a face value of ₹2 each will be eligible for a ₹1 per share dividend, subject to approval.
🔍
Management Signal
The Board's recommendation of a 50% dividend and the significant promoter contribution in the warrant conversion signal confidence in the company's financial performance and future strategy.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Capital Markets Day on June 1, 2026, for detailed business and strategic updates.
Shareholder approval process for the 50% final dividend.
Integration progress of Brazil-based 2S Inovações Tecnológicas S.A. acquisition.
LOW RISK
The filing indicates strong financial performance, order book growth, and balance sheet strengthening.
💡 Investor Takeaway
Black Box Ltd. recorded FY26 order bookings over $1 billion, with a 57% YoY increase in order backlog to $792 million. Consolidated Q4 FY26 revenue grew 9% YoY to ₹1,691 crore, and PAT rose 7% YoY to ₹65 crore. The company declared a 50% dividend.
⚖️ Strengths & Concerns
✅ Positives
- Order backlog increased 57% YoY to $792 million (approximately ₹7,000 crore) as of Q4 FY26, providing strong revenue visibility.
- Promoter shareholding rose to 69.99% following the full conversion of warrants, representing a ₹200 crore contribution from promoters.
📅 Company Track Record
Previous filings indicated Black Box's order bookings for FY26 exceeded $1 billion. This filing confirms the audited results, providing specific Q4 and full-year financial metrics and a 57% increase in order backlog.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What were Black Box Ltd.'s consolidated revenues for Q4 FY26?
Black Box Ltd. reported consolidated revenue of ₹1,691 crore for Q4 FY26, which represents a 9% increase year-on-year from ₹1,545 crore in Q4 FY25.
What was Black Box Ltd.'s order backlog at the end of FY26?
At the close of FY26, Black Box Ltd. had an order backlog of approximately $792 million (~₹7,000 crore), marking a 57% year-on-year increase.
What dividend did Black Box Ltd. declare for FY26?
Black Box Ltd.'s Board recommended a final dividend of 50%, which translates to ₹1 per equity share of face value ₹2 each, subject to shareholder approval.
What was Black Box Ltd.'s promoter shareholding after the warrant conversion?
Following the full conversion of warrants, Black Box Ltd.'s promoter shareholding stands at 69.99%, reflecting their ₹200 crore contribution to the fundraise.
Which company did Black Box Ltd. acquire, and what is its expected revenue contribution?
Black Box Ltd. completed the acquisition of Brazil-based 2S Inovações Tecnológicas S.A., effective May 1, 2026, which is expected to contribute approximately ₹500 crore in annualized revenue.
Questions based on this BSE filing only. For information purposes.