Black Box Peer Comparison
NSE: BBOX | BSE: 500463
₹745.90
As on 28-Aug-2026IST
Market cap
₹13,236 Cr
Revenue (TTM)
₹6,654 Cr
P/E Ratio
58.6
P/B Ratio
9.9
Div. Yield
0.1 %
| Black Box | Sterlite Tech | Tata Elxsi | Zensar Tech | BLS International | |
|---|---|---|---|---|---|
Market cap (₹ Cr) |
13,236 | 37,166 | 22,926 | 10,720 | 9,839 |
Revenue (₹ Cr) |
6,654 | 5,642 | 3,886 | 5,811 | 3,178 |
Net Profit (₹ Cr) |
226.02 | 243.00 | 654.66 | 776.40 | 744.45 |
Net Margin (%) |
3.38 | 4.26 | 16.07 | 12.84 | 22.76 |
RoE (%) |
26.28 | 11.03 | 25.28 | 17.67 | 30.73 |
Price to Earnings |
58.57 | 152.95 | 35.02 | 13.81 | 13.94 |
Price-To-Book |
9.86 | 9.71 | 7.19 | 2.25 | 3.69 |
Income Statement (₹ Cr)
| Black Box | Sterlite Tech | Tata Elxsi | Zensar Tech | BLS International | |
|---|---|---|---|---|---|
|
Operating Revenue
|
6,321.85 | 4,745.00 | 3,757.42 | 5,687.40 | 2,193.30 |
|
Total Income
|
6,383.62 | 4,804.00 | 3,950.69 | 5,921.30 | 2,273.81 |
|
Total Expenditure
|
5,807.60 | 4,176.00 | 2,918.23 | 4,771.30 | 1,545.00 |
|
EBITDA
|
514.25 | 569.00 | 839.19 | 916.10 | 648.30 |
|
Depreciation
|
116.35 | 313.00 | 93.80 | 91.30 | 76.54 |
|
EBIT
|
397.90 | 256.00 | 745.39 | 824.80 | 571.76 |
|
Interest
|
157.64 | 224.00 | 17.86 | 12.10 | 46.74 |
|
Other Income
|
61.77 | 59.00 | 193.27 | 233.90 | 80.50 |
|
Exceptional Items
|
-62.85 | 16.00 | -95.69 | -24.90 | -- |
|
Profit before Tax
|
239.14 | 107.00 | 825.11 | 1,021.70 | 605.52 |
|
Provision for Tax
|
21.62 | 51.00 | 196.68 | 247.10 | 65.88 |
|
Profit after Tax
|
217.52 | 56.00 | 628.43 | 774.60 | 539.65 |
Liabilities (₹ Cr)
| Black Box | Sterlite Tech | Tata Elxsi | Zensar Tech | BLS International | |
|---|---|---|---|---|---|
|
Shareholder's Funds
|
1,286.91 | 2,268.00 | 3,041.34 | 4,719.10 | 1,730.83 |
|
Minority Interest
|
-- | -- | -- | -- | 287.95 |
|
Non-Current Liabilities
|
1,203.03 | 1,261.00 | 85.48 | 104.30 | 287.51 |
|
Current Liabilities
|
1,768.80 | 2,720.00 | 756.99 | 1,150.00 | 488.81 |
|
Total Liabilities
|
4,293.70 | 6,288.00 | 3,962.54 | 6,072.00 | 2,804.12 |
Assets (₹ Cr)
| Black Box | Sterlite Tech | Tata Elxsi | Zensar Tech | BLS International | |
|---|---|---|---|---|---|
|
Non-Current Assets
|
1,022.54 | 3,586.00 | 915.66 | 1,923.10 | 1,652.93 |
|
Current Assets
|
3,236.20 | 2,663.00 | 2,968.15 | 4,050.30 | 1,142.17 |
|
Total Assets
|
4,293.70 | 6,288.00 | 3,962.54 | 6,072.00 | 2,804.12 |
|
Total Debt*
|
826.95 | 1,827.00 | 0.00 | 0.00 | 204.52 |
|
Net Current Assets
|
1,467.40 | -57.00 | 2,211.16 | 2,900.30 | 653.36 |
|
Contingent Liabilities
|
24.77 | 226.00 | 0.67 | 36.30 | 2.74 |
Cashflow (₹ Cr)
| Black Box | Sterlite Tech | Tata Elxsi | Zensar Tech | BLS International | |
|---|---|---|---|---|---|
|
Cash From Operating Activities
|
83.95 | 520.00 | 663.98 | 770.80 | 828.83 |
|
Cash Flow from Investing Activities
|
-56.85 | -507.00 | -72.52 | -240.60 | -1,118.57 |
|
Cash from Financing Activities
|
196.59 | -133.00 | -534.79 | -401.00 | 158.49 |
|
Net Cash Inflow / Outflow
|
223.69 | -120.00 | 56.67 | 129.20 | -131.26 |
Ratios
Profitability Ratios
| Black Box | Sterlite Tech | Tata Elxsi | Zensar Tech | BLS International | |
|---|---|---|---|---|---|
|
ROCE (%)
|
22.50 | 8.38 | 28.57 | 23.53 | 41.51 |
|
ROE (%)
|
22.20 | 2.73 | 21.46 | 18.01 | 36.96 |
|
ROA (%)
|
5.95 | 0.96 | 16.91 | 14.03 | 24.48 |
|
EBIT Margin (%)
|
9.11 | 13.23 | 27.48 | 20.22 | 33.23 |
|
Net Margin (%)
|
3.41 | 1.17 | 15.91 | 13.08 | 23.73 |
|
Cash Profit Margin (%)
|
5.28 | 7.78 | 19.22 | 15.22 | 28.09 |
Growth Ratios
| Black Box | Sterlite Tech | Tata Elxsi | Zensar Tech | BLS International | |
|---|---|---|---|---|---|
|
Revenue Growth (%)
|
5.95 | 18.74 | 0.76 | 7.70 | 30.80 |
|
EBIT Growth (%)
|
7.70 | 38.94 | -10.49 | 17.72 | 86.60 |
|
Net Profit Growth (%)
|
6.22 | 177.78 | -19.94 | 19.21 | 65.73 |
|
EPS Growth (%)
|
1.34 | 145.53 | -19.95 | 19.47 | 62.39 |
|
Book Value Growth (%)
|
90.79 | 7.68 | 6.23 | 14.21 | 42.35 |
Valuation Ratios
| Black Box | Sterlite Tech | Tata Elxsi | Zensar Tech | BLS International | |
|---|---|---|---|---|---|
|
Price / Earnings
|
36.46 | 154.39 | 39.43 | 15.05 | 32.16 |
|
Price / Book Value
|
6.17 | 4.06 | 8.21 | 2.54 | 9.53 |
|
Dividend Yield (%)
|
0.22 | 0.00 | 1.89 | 2.91 | 0.25 |
|
EV/EBITDA
|
14.27 | 16.16 | 22.38 | 9.33 | 21.69 |
|
Market Cap (₹ Cr)
|
7,930.76 | 8,645.86 | 24,776.83 | 11,655.76 | 16,346.02 |
Solvency Ratios
| Black Box | Sterlite Tech | Tata Elxsi | Zensar Tech | BLS International | |
|---|---|---|---|---|---|
|
Debt to Equity
|
0.64 | 0.86 | 0.00 | 0.00 | 0.12 |
|
Short term debt to equity ratio
|
0.01 | 0.18 | -- | -- | 0.01 |
|
Current Ratio
|
1.83 | 0.98 | 3.92 | 3.52 | 2.34 |
|
Quick Ratio
|
1.65 | 0.65 | 3.92 | 3.52 | 2.34 |
|
Interest Coverage
|
2.52 | 1.48 | 47.19 | 85.44 | 13.95 |
Operating Efficiency Ratios
| Black Box | Sterlite Tech | Tata Elxsi | Zensar Tech | BLS International | |
|---|---|---|---|---|---|
|
Debtors to sales (%)
|
18.25 | 22.47 | 28.73 | 16.25 | 5.55 |
|
Asset Turnover
|
1.73 | 0.82 | 1.01 | 1.03 | 0.99 |
|
Receivable days
|
49.67 | 72.77 | 99.61 | 55.01 | 13.50 |
|
Inventory Days
|
15.38 | 63.15 | 0.00 | 0.00 | 0.17 |
|
Payable days
|
110.29 | 152.27 | 2,557.12 | -- | 796.12 |
|
Cash Conversion Cycle
|
-45.24 | -16.35 | -2,457.51 | -- | -782.45 |