BBOXNSEJune 1, 2026

Black Box Limited

7,273words
7turns
0analyst exchanges
0executives
Key numbers — 40 extracted
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52 June 1, 2026 To, Corporate Relationship Department Bombay Stock Exchange Limited P.J. Towers, Dalal Street, Fort, Mumbai 400001 Corporate Relationship Department National Stock Exchange Limi
9x
r global revenue (FY26) 120+ 470+ bps Fortune 500 clients EBITDA expansion (vs FY23) 5,000+ 9x Active client locations serviced PAT growth (FY26 Vs FY23) 75+ delivery & support centers 34
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00+ 9x Active client locations serviced PAT growth (FY26 Vs FY23) 75+ delivery & support centers 34% Return on Capital Employed (cumulative ROCE FY23-26) ROCE = EBIT/ Capital Employed 7 Our jou
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l Services Healthcare Consumer & Public Services Commercial & Industrial 4 of top 6 hyperscalers 4 of Top 5 U.S. banks 1700+ Hospitals nationwide 10+ Fortune 500 brands 5+ Fortune 500 enterprises
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itals nationwide 10+ Fortune 500 brands 5+ Fortune 500 enterprises 4 of top 6 semiconductor majors 10+ Blue-chip FS institutions 100+ Healthcare systems 10+ Hospitality & Gaming Co. 2 of Top 10 auto
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ealthcare systems 10+ Hospitality & Gaming Co. 2 of Top 10 auto OEMs 2 of top US colocation players 5+ National insurers 7 of Top 10 Health systems 5 of Top 10 U.S. retailers 10+ Leading manufacture
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Hospitality & Gaming Co. 2 of Top 10 auto OEMs 2 of top US colocation players 5+ National insurers 7 of Top 10 Health systems 5 of Top 10 U.S. retailers 10+ Leading manufacturers Fortune 25 marquee
470 bps
erheads and suboptimal cost structure Significant SG&A and overlay costs, misaligned cost ratios +470 bps* EBITDA improvement Heavy subcontracting Higher variable costs impacting margins Weak financial
0.6x
ited scale benefits Limited offshore leverage No established GCC for backend efficiency 10 300+ 0.6x 15% `100+Cr revenue customers Focused high-value customers D&E ratio (1.2x in FY23) Shifted
15%
cale benefits Limited offshore leverage No established GCC for backend efficiency 10 300+ 0.6x 15% `100+Cr revenue customers Focused high-value customers D&E ratio (1.2x in FY23) Shifted work
1.2x
ciency 10 300+ 0.6x 15% `100+Cr revenue customers Focused high-value customers D&E ratio (1.2x in FY23) Shifted workforce to new GCC in Bengaluru * FY26 vs FY23 14 Executed the turnaround i
220 bps
hases: fix the basics, architect for scale, unlock growth Step 1 Fixing the basics ▪ Cut SG&A by 220 bps: consolidated facilities (North America & Europe), renegotiated carriers, migrated help desk off
Guidance — 3 items
Leadership at a glance
opening
COGS discipline: project 03 management rigor, solutioning norms, and accuracy 1.
Leadership at a glance
opening
Hyperscale digital infra A.1 US Market growing at 18% CAGR; 250+ DCs expected to be built over next 3-4 years
Customer
opening
39 Current products business ~$90M → target $200M+ by FY30; diversification of efforts across 7 key verticals D.
Speaking time
Leadership at a glance
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BBOX relevant TAM in USA
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Black Box
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Sales
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Delivery
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Customer
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Investor Relations Advisor
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Opening remarks
Leadership at a glance
200+ years combined experience 4,000+ professionals managed across dept. Sanjeev Verma Deepak Bansal Mike Carney Kannan Ramaiah Rick Gannon ▪ Pure-play digital infra leader; 30+ years ICT ▪ Architected 2019 merger ▪ Ex-Wipro ▪ 28+ years at Reliance, Vedanta, Essar ▪ Founded BB's North America business ▪ Expertise in fund raising, M&A, treasury, planning, and corporate finance ▪ Expertise in governance, risk management and compliance ▪ Strategy & M&A leader; ex-XETA ▪ Responsible for company’s transformation ▪ Ex-Wipro Global HR Head; 25+ years scale ▪ Deep cross-cultural fluency ▪ Experienced in organisational design and human capital transformation ▪ Runs Black Box's largest engine; manages ~2,200 employees ▪ 27-year veteran; execution muscle ▪ Telecom field-services experience; ex-AT&T Bikram Sahoo Sean Maguire Jai Venkat Sameer Batra Paul Williams ▪ 20+ years of technology experience; prior VP- Technology at telecom leaders ▪ Network operations specialist; multi-domain expertise ▪ E
BBOX relevant TAM in USA
>$30B Priority clusters Other clusters Source: Industrial Info Resources Database; BCG analysis Note: Logos are the property of their respective owner Priority clusters for
Black Box
• Chicago/Milwaukee • Ohio, • Georgia, • Phoenix, • Austin/San Antonio, • Dallas/FTW, • Oregon Large hyperscaler to invest $30 B at a single site Strategic pillars already in motion… 1 2 3 4 5 Geography-based GTM strategy Multi-dimensional relationships - Both customers and General Contractors - Both senior level and on- ground stakeholders Strong delivery and operational excellence Detailed account plans and a programmatic sales approach Selective bidding through strong deal qualification process 26 Black Box is a trusted partner for mission critical fit-out services for hyperscalers A. Hyperscale digital infra A.1 Project Design • Modular, MW- scale ready • Tailored, cost- optimized As-Built Documentation • Granular, phased tracking • Simplified, compliant ISP/OSP Cabling • High-density, multi-building campuses • Standard backbone, reliable Day 2 Maintenance and RunOps • 24/7 Smart Hands, RunOps at scale • Outsource Full Time Onsite Teams • On-demand support, quick SLAs Build Managem
Customer
Protect and grow Key Imperatives • Top accounts: Top enterprises, GCCs • Practice-led horizontal • Structured regional & data center segmentation • 6 priority industries: Telcos, BFSI, manufacturing, education, healthcare, travel • Regional sales & delivery structure aligned by Industry - leaner, faster • Ambidextrous approach: Large model; consolidated delivery for scale, efficiency and resource utilization rituals & consolidated supply chain • Governance, • Net Promoter Score-driven, delivery-led growth focus 17+ offices, 35+ delivery centers across India • compliance, and standardized processes • Bid management, revenue assurance & account receivables transformational, mid-sized strategic & smaller scalable deals • Leveraging our alliances ecosystem • All 5 horizontals underpinned by managed services (design, install, run, operate) for co-selling motion Time to Market Growth Margin Empower 38 TPS shift from products to platforms – unlocking recurring revenue and durable customer val
Investor Relations Advisor
Black Box Limited CIN: L32200MH1986PLC040652 Strategic Growth Advisors Private Limited CIN: U74140MH2010PTC204285 Purvesh Parekh (Head of Investor Relations) purvesh.parekh@blackbox.com Rahul Agarwal / rahul.agarwal@sgapl.net (+91 982143 8864) Ritu Rungta (Head of Corporate Communications) ritu.rungta@blackbox.com Karan Thakker karan.thakker@sgapl.net (+91 81699 62562) www.blackbox.com www.sgapl.net 54
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