BBOX

- Q1 FY27 saw highest ever quarterly revenue, strong YoY growth in revenue, EBITDA, and PAT, with EBITDA margin expansion, driven by improved execution of rising order backlog and recent Brazil acquisition. - FY27 Revenue guidance: ₹7,800 - 8,000 crores (▲23-27% YoY). - FY27 EBITDA guidance: ₹725 - 750 crores (▲27-32% YoY), with margins of 9.3-9.4% (▲30-40bps). - FY27 PAT guidance: ₹300 - 325 crores (▲38-50% YoY). - FY27 Order backlog target: US$1.3 - 1.4 billion (▲65-75%). - FY27 Order bookings target: US$1.3 - 1.4 billion (▲32-45%). - Aspirations to achieve US$2 billion revenue by FY30, focusing on hyperscale digital infrastructure and strong execution.

- Black Box Limited provided the audio recording of the earnings call for the Unaudited Financial Results of Q1FY27. The call was hosted on August 13, 2026.

- Q1 FY27 Consolidated Revenue ₹1,719Cr vs ₹1,387Cr (▲24% YoY) - EBITDA ₹160Cr vs ₹116Cr (▲38% YoY) - PAT ₹56Cr vs ₹47Cr (▲18% YoY) - EBITDA Margin 9.3% vs 8.4% (▲90bps) - Robust order bookings of US$339 million (₹3,208 Cr) in Q1 FY27. - Order backlog reached an all-time high of US$949 million (₹8,986 Cr). - Company targets 10% EBITDA margin by the end of FY27 and US$2 billion revenue by FY30.

- Black Box Limited's Board of Directors, in a meeting held on August 12, 2026, adopted a revised 'Code of Conduct for Prevention of Insider Trading and Fair Disclosure of Unpublished Price Sensitive Information' in compliance with SEBI Regulations, 2015. - The revised Code is effective from August 12, 2026.

- Order Win: Black Box Limited secured an order from a new U.S.-based global Tier-1 hyperscaler for a major data centre project in the U.S. - Order Value: US$131 million (~₹1,240 crore) - Completion Timeline: Approximately a three-year period, with further expansion expected.

- Q1 FY27 Revenue ₹1,719 Cr vs ₹1,387 Cr (▲24% YoY) - EBITDA ₹160 Cr vs ₹116 Cr (▲38% YoY) - PAT ₹56 Cr vs ₹47 Cr (▲18% YoY) - EBITDA Margin 9.3% vs 8.4% (▲90 bps) - Order Backlog reached US$949 million (~₹8,986 crore), up 83% YoY. - New orders amounted to US$339 million (~₹3,208 crore) in Q1 FY27. - Company aims for US$2 billion revenue by FY30 and expects US$1.3-1.5 billion in order bookings for FY27.

- Black Box Limited's Board of Directors adopted a revised Code of Conduct for Prevention of Insider Trading and Fair Disclosure of Unpublished Price Sensitive Information on August 12, 2026. - This revision is in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015.

- Record Date for FY 2025-26 final dividend is August 28, 2026, subject to AGM approval. - Cut-off date for e-voting for the 40th AGM is September 9, 2026. - Remote e-voting period: September 13, 2026 (9:00 A.M.) to September 15, 2026 (5:00 P.M. IST).

- Q1 FY27 Consolidated Revenue ₹1,718.50 Cr vs ₹1,386.74 Cr (▲23.92% YoY) - EBITDA ₹140.97 Cr vs ₹103.62 Cr (▲36.04% YoY) - PAT ₹55.92 Cr vs ₹47.43 Cr (▲17.90% YoY) - EBITDA Margin 8.20% vs 7.47% (▲73bps) - Board recommended a final dividend of Re. 1 per equity share for FY 2025-26, with August 28, 2026, as the Record Date. - Approved reclassification of Authorised Share Capital to 47,50,00,000 Equity Shares, 25,00,000 Cumulative/Non-Cumulative Redeemable Preference Shares, and 25,00,000 Convertible Preference Shares. - Noted delays in foreign currency remittances/collections, resulting in FEMA non-compliances, for which applications for extension/condonation have been filed. - The company acquired 100% equity in 2S Inovações Tecnológicas for ₹496.59 Cr effective May 1, 2026.

- Concall Schedule - Concall Date: Thursday, August 13, 2026 - Concall Time: 9:30 A.M. IST

- Cessation of Mr. Jai Venkat, Head of Sales – GSI Americas, effective June 30, 2026. - Reason for cessation is due to internal reasons. - The company states no impact on day-to-day functioning and is in the process of finding a replacement. - Disclosure was delayed due to quarter-end business closure activities and a US public holiday.

- Mr. Jai Venkat, Head of Sales – GSI Americas, ceased to be a Senior Management Personnel (SMP) effective June 30, 2026, due to internal reasons. The company is finding a replacement and states no impact on day-to-day functioning.

- Trading window for insiders and their immediate relatives to close from July 1, 2026. - Closure is for the financial results for the quarter ended June 30, 2026. - The window will reopen 48 hours after the declaration of the financial results.

- Investor Meeting Schedule - Meeting Date: June 30, 2026 - Meeting Time: 9:00 am onwards

- Submission of Scrutinizer's Report for the EGM held on June 19, 2026. - Shareholders approved Resolution 1 for raising funds up to ₹2,500 Crores with 99.90% votes in favour. - Shareholders approved Resolution 2 for enhancing borrowing limits with 99.87% votes in favour.

- The Extra Ordinary General Meeting (EGM) of Black Box Limited was held on June 19, 2026, via Video Conferencing. - Resolutions were passed for general approval to raise funds up to ₹2,500 Crores by issuing securities. - The EGM also approved the enhancement of borrowing limits and authorized the Board to create security interests to support the company's growth strategy.

- CRISIL Ratings reaffirmed the Long Term Rating at 'CRISIL BBB+/Positive' and Short Term Rating at 'CRISIL A2'. - The outlook for the Long Term Rating was revised from 'Stable' to 'Positive'. - Total Bank Loan Facilities Rated were enhanced from ₹45 Crore to ₹70 Crore.

- Concall Schedule - Concall Date: June 15, 2026 - Concall Time: 9:00 am onwards

- Company aims to achieve $2 billion (INR18,000 crores) revenue by FY30, comprising $1.3 billion organic (INR12,000 crores, 17% CAGR) and $700 million inorganic (INR6,000 crores). - Targets an overall EBITDA margin of 10% by FY27, up from the current 9%. - Product business (TPS) expects to grow from $90 million to $200 million by FY30 with a 10% EBITDA margin. - Order backlog has grown from $500 million to nearly $800 million, providing strong revenue visibility. - Strategy focuses on hyperscale data center opportunities, AI infrastructure, deeper penetration in Fortune 500 customers, and expansion in India & international markets. - Workforce planned to increase from 4,000 to 7,000, including hiring 2,100 data center professionals in the next 12 months. - Balance sheet strengthened with debt-to-equity ratio improving from 1.2 to 0.6 and investment-grade credit ratings.