Black Box Q2 FY27 Revenue Up 22% YoY to ₹1,936 Cr; Order Backlog Crosses $1 Bn
Black Box Limited reported Q2 FY27 revenue of ₹1,936 crore, up 22% YoY. H1 FY27 revenue was ₹3,655 crore, up 23% YoY. PAT for Q2 FY27 was ₹73 crore, up 31% YoY. The company's order backlog exceeded $1 billion. Management is confident in achieving FY27 guidance and aims for ₹18,000 crore revenue by FY30.
The announcement includes strong financial performance metrics, a substantial increase in the order backlog, and ambitious future growth targets, which are material factors that will likely influence investor perception and the company's stock performance.
The company reported strong year-on-year growth in revenue and profit, exceeding expectations and demonstrating confidence in future guidance. The significant increase in order backlog and strategic growth targets further contribute to a positive sentiment.
Black Box Limited has announced its financial results for the second quarter and first half of FY27, showcasing significant year-on-year growth. The company reported a 22% increase in Q2 revenue, reaching ₹1,936 crore, and a 23% rise for H1 FY27, totaling ₹3,655 crore. EBITDA for Q2 grew by 23% YoY to ₹175 crore, with a margin of 9.0%, and PAT surged by 31% YoY to ₹73 crore.
For the first half of FY27, EBITDA increased by 29% YoY to ₹335 crore, with margins improving by 50 basis points to 9.2%. PAT for H1 FY27 rose by 25% YoY to ₹129 crore. The company's order backlog has crossed $1 billion (approximately ₹9,975 crore), an 88% year-on-year increase, driven by strong performance in data center projects and enterprise businesses.
The company highlighted that its data center revenue contribution touched 20% in Q2 FY27, up from 17% in FY26, with a target of reaching approximately 30% in FY27. Black Box is executing multiple gigawatt-scale data center projects as an India-origin AI-led digital infrastructure provider.
Management expressed confidence in achieving their stated FY27 guidance of 23-27% revenue growth and 38-50% PAT growth, with profit growth expected to remain in high double digits for the next few years. The company aims to double its organic revenue by FY30 to approximately ₹12,000 crore and intends to boost revenues by ₹6,000 crore through inorganic acquisitions, targeting a total revenue of ₹18,000 crore ($2 billion) by FY30.
What to do with a filing like this
Black Box Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Black Box Limited. Read the original for the full detail.