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Black Box Limited β Q1FY27 Earnings Call Summary
Key Takeaways
- Q1 FY27 revenue 1719 Cr INR +24% y-y; EBITDA 160 Cr INR +38% y-y; PAT 56 Cr INR +18% y-y
- FY27 guidance: revenue 7800-8000 Cr INR (+23-27%), EBITDA 725-750 Cr INR (+27-32%), PAT 300-325 Cr INR (+38-50%), EBITDA margin 9.3-9.4%
- FY27 cash flow to EBITDA conversion expected to improve; investments in talent largely done
- Large hyperscale data center projects drive growth; execution scale and customer trust are competitive moats
- Non-data center business expected to grow ~10% with lagged impact from data center investments
- Management confident in sequential quarterly growth and achieving FY27 guidance
- Tax rate expected 10-15% in FY27-FY28, normalizing to ~20% thereafter
- Order bookings US$339 million in Q1; backlog US$950 million +83% y-y
- Order backlog tenure 24-36 months, providing strong revenue visibility
π Source: View original transcript (PDF)
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Summary generated by AI from the official transcript filed on BSE/NSE. Not investment advice.