Black Box Limited has announced robust financial results for the second quarter (Q2) and first half (H1) of FY27. The company achieved record revenue and a backlog exceeding US$1 billion, reinforcing confidence in its growth strategy. Key highlights include a 22% YoY increase in Q2 revenue and a significant improvement in H1 EBITDA margin to 9.2%. The company is on track to meet its FY27 guidance with strong performance across its business segments.
Black Box Delivers Strong Q2 and H1 FY27 Performance
Black Box Limited has announced a period of strong financial performance, with record quarterly revenue and an order backlog now exceeding US$1 billion. These achievements reinforce the company’s confidence in achieving its immediate growth goal of US$2 billion in revenue.
Key Financial Highlights: Q2 & H1 FY27
For the second quarter (Q2) of FY27, Black Box reported a 22% year-on-year (YoY) revenue increase, driven by strong execution in both its enterprise and data center businesses. The data center revenue contribution touched 20%, with projections to reach approximately 30% in FY27. For the first half (H1) of FY27, the company’s EBITDA margin improved by 50 basis points to 9.2%.
Profit After Tax (PAT) saw a significant 31% YoY increase in Q2 FY27, amounting to ₹73 crore. This growth is attributed to better EBITDA performance. The company has also front-loaded investments in talent for hyperscaler orders, predominantly in the U.S., with approximately 300 employees hired in the last two months and plans to add another 700 in the next 6-9 months.
Order Book and Future Outlook
The company’s total order backlog has crossed $1 billion, marking an 88% YoY increase. This growth is primarily driven by AI-led infrastructure investments in data centers. Notable wins in Q2 FY27 include a new $55 million multi-site data center order from a U.S.-based global hyperscaler and two large orders totaling over $17.5 million in healthcare services.
Black Box reiterates its confidence in achieving its 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.
Source: BSE
