Black Box Ltd

📈 Black Box Ltd Reports Strong Q2 Growth & Ambitious $2B Revenue Goal by FY29

- Order backlog rose to $555M in Q2, up from $518M in Q1.

- Q2 order bookings hit $218M (₹1,900+ crore), up $42M from Q1.

- Revenue reached ₹1,585 crore in Q2 (14% QoQ, 6% YoY growth).

- EBITDA grew 17% QoQ to ₹143 crore, margins improved to 9%.

- PAT stood at ₹56 crore (17% QoQ, 9% YoY growth).

- Full-year order target: $1B, driven by high-value contracts.

- Long-term revenue goal: $2B by FY29 (15% organic growth + acquisitions).

- H2 FY26 expected to outperform H1 due to strong order book.

- Wind River partnership to bring ₹1,350 crore revenue over 5 years.

- Focus areas: Data centers, AI infrastructure; U.S. team expansion.

- Margin expansion expected via cost discipline and operational leverage.

- Tax rate: 8-10% near term, stabilizing at 15-20% long term.

- Acquisition strategy: $50M-$200M deals for geographic/value growth.