📉 Kya hai poori kahani numbers ki?
Dekho, Black Box ne Q3 FY26 (jo 31 December 2025 ko khatam hua) ke results announce kiye hain. Consolidated revenue ₹1,660 crore pe pahuncha hai, jo pichle saal ki same quarter se 11% zyada hai, aur pichle quarter se bhi 5% upar hai. EBITDA bhi 10% YoY aur 3% QoQ badhkar ₹147 crore ho gaya, aur margins 8.9% pe stable hain.
Lekin ek cheez dhyan dene wali hai, Profit After Tax (PAT) 11% kam hokar ₹50 crore pe aa gaya hai, pichle saal aur pichle quarter dono se. Iska reason ek ₹6 crore ka one-off provision hai, jo employee benefit provisions mein change hone ki wajah se aaya hai, New Labour Code ke karan. So, deep down sab theek hai.
Agar baat karein pehle nau mahinon ki (jo December 2025 tak the), toh revenue ₹4,631 crore (+5% YoY) aur EBITDA ₹406 crore (+6% YoY) raha hai.
🚀 Global Expansion ka Plan - Brazil mein entry!
Ab sabse badi news yeh hai ki Black Box Brazil ki ek tech company, 2S Inovações Tecnológicas S.A., ko poora buy karne ja rahi hai (100% equity). Ye deal March 2026 ke end tak poori hone ki ummeed hai. Is deal se company apne $2 billion revenue ke target ko 2030 tak achieve karne ke liye ekdum ready hai.
Is acquisition se FY27 mein company ke revenue mein lagbhag ₹500 crore aur judne ki ummeed hai. Ye move unke global growth plan ko ekdum boost dega, Latin America mein unki presence badhayega aur unki enterprise solutions ko aur strong banayega. Basically, badi deals karke company apna business expand karna chahti hai.
🚩 Aage Kya Dekhna Hai?
Investors ko ab yeh dekhna hoga ki yeh Brazil acquisition kitni smooth hoti hai aur company apne bade order book ko kitni jaldi revenue mein convert kar paati hai. Global economy mein jo uncertainties hain, woh bhi ek risk factor ho rahe hain. Lekin company ka kehna hai ki PAT growth revenue growth se zyada hoga, kyunki woh higher-value opportunities pe focus kar rahe hain. FY26 mein $1 billion orders book karne ka target hai aur order backlog FY26 end tak $800 million se upar jaane ki ummeed hai.