profit from every ₹100 of sales.
₹0₹100
Black Box
₹883.80+1.81% today
+71.7% in 1 year
1-year low ₹446.801-year high ₹1,078.25
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
You pay ₹72.16 for every ₹1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Black Box sold, what it kept, and what it did with the cash.
Sales went from ₹62.8 billion in 2023 to ₹63.2 billion in 2026, with ₹2.18 billion of profit last year.
SalesProfit
Black Box handed back more cash to shareholders than it generated last year.
₹168M
Free cash flow 2026₹118M
Bought back its own shares–
Paid as dividends₹168M
Cash vs. debt₹5.3B vs. ₹11.5B
Black Box vs. similar companies
Black Box grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| Black Box | 72.2× · Very expensive | ||
 SAP | 34.3× · Expensive | ||
 Quhuo | No profit yet | ||
 Shopify | 153.4× · Very expensive | ||
 Salesforce | 24.0× · Fair price |
AI analysis
An AI analyst reads Black Box's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 62,777 | 62,816 | 59,669 | 63,219 | |
| 6,761 | 8,512 | 9,531 | 10,476 | |
| 1,787 | 3,184 | 4,242 | 4,404 | |
| 1,798 | 4,120 | 4,699 | 5,131 | |
| 237 | 1,377 | 2,048 | 2,175 | |
| 1.41 | 8.18 | 12.11 | – | |
| 10.8% | 13.6% | 16.0% | 16.6% | |
| 2.8% | 5.1% | 7.1% | 7.0% | |
| 0.4% | 2.2% | 3.4% | 3.4% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 30,023 | 28,005 | 30,721 | 42,937 |
| Cash | 1,998 | 2,139 | 2,138 | 5,276 |
| Total debt | 6,281 | 7,123 | 9,421 | 11,530 |
| Total liabilities | 27,063 | 23,195 | 23,134 | 30,068 |
| 2,960 | 4,809 | 7,587 | 12,869 | |
| 168 | 168 | 169 | – | |
| 6.2% | 13.6% | 16.6% | 12.8% | |
| 8.0% | 28.6% | 27.0% | 16.9% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 130 | 1,295 | -876 | 840 | |
| 985 | 507 | 444 | 722 | |
| -855 | 787 | -1,320 | 118 | |
| Dividends paid | – | – | – | 168 |
| – | – | – | – | |
| 4 | 3 | 2 | 1 |
Valuation
- 72.2×
- –
- –
- 13.7×
- 2.5×
- 1,330.2×
- 31.8×
- 0.1%
- 1.4%
- 0.1%
Profitability
- 16.6%
- 7.0%
- 3.4%
- –
- 12.2%
- 11.7%
- –
- –
- –
- –
Growth
- +0.2%
- –
- –
- –
- +0.6%
Financial health
- 1.2×
- 0.90
- –
- 2.5×
- 1.83
- –
- –
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 32%of 969
Bottom 42%of 976
Bottom 17%of 740
Bottom 20%of 978
Bottom 25%of 983
0.1%of the share price, paid each year
On $1,000 invested$1a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
7.7% of its profit
Room to growStretchedMore than it earns: 142.5%
News
Microsoft Service Outage Give Software Giant Black EyeYahoo Finance · Nov 13, 2026Black Rock Coffee Bar raises its full-year store growth targetSeeking Alpha · Nov 11, 2026A prolonged war in Iran is the market’s real ‘black swan,’ says this strategistMarketWatch · Nov 5, 2026Should You Be Worried About Stanley Black & Decker Stock?Yahoo Finance · Oct 29, 2026Black Stone Minerals declares $0.30 dividendSeeking Alpha · Oct 22, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
29No pass
Benjamin Graham
34No pass
Philip Fisher
18No pass
Peter Lynch
30No pass
Joel Greenblatt
8No pass
Charlie Munger
23No pass
Terry Smith
15No pass
Questions about Black Box
Is Black Box a good stock to buy?
A business with weak numbers, priced as if everything goes right. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Black Box AI analysis
What does Black Box do?
Black Box Limited provides information and communications technology solutions in India, the United States, and internationally. It operates through System Integration, Technology Product Solution, and Others segments. It is in Software - Application, based in Navi Mumbai, India.
Does Black Box pay a dividend?
Yes. At today's price the dividend is 0.1% a year, about 8% of its yearly profit. In 2026 it paid out ₹168 million in dividends.
Is Black Box stock halal?
Yes. Black Box passes our halal screen: its business is permitted and its debt is 7% of its market value, under the 30% limit. How we check
How has Black Box stock done over the past year?
Up 71.7% over the past twelve months, to ₹883.80. It traded between ₹446.80 and ₹1,078.25 and is 18.0% below its high.
Who are Black Box's competitors?
The largest listed companies in the same industry are SAP, Quhuo, Shopify and Salesforce. The peers table on this page compares their profit, growth and price with Black Box's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.