Black Box Ltd

Black Box Ltd

₹ 1,013 4.39%
10 Jun - close price
About

AGC Networks Ltd. (AGC), incorporated in 1986 by Tata Telecom Pvt. Ltd. to manufacture telecommunication equipment. It is currently held by Essar Telecom Ltd. Over the years, AGC evolved into an information and communication (ICT) solutions provider and integrator with a differentiated vertical approach in business communication systems, applications and services mainly within India.The company is present at multiple geographies such as Middle East, Africa, North America, Australia, New Zealand, Singapore, Philippines and UK servicing over 8000+ customers. [1] [2]

Key Points

Business Segments FY24
System Integration (86%): Offerings under this segment include Unified Communication, Data Center & Edge IT, Cyber Security, Digital Solutions & Applications, and Seamless Customer Support and managed services.

  • Market Cap 17,985 Cr.
  • Current Price 1,013
  • High / Low 1,104 / 435
  • Stock P/E 820
  • Book Value 39.5
  • Dividend Yield 0.10 %
  • ROCE 4.38 %
  • ROE 3.78 %
  • Face Value 2.00

Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 107% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 80.0%

Cons

  • Stock is trading at 25.7 times its book value
  • The company has delivered a poor sales growth of 10.2% over past five years.
  • Tax rate seems low
  • Company has a low return on equity of 1.34% over last 3 years.
  • Company has high debtors of 156 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
97 84 95 104 104 84 81 87 124 76 117 103 110
98 82 95 98 111 84 82 84 107 74 109 99 94
Operating Profit -1 2 -1 6 -8 -0 -1 3 17 2 8 4 17
OPM % -1% 2% -1% 5% -7% -0% -1% 4% 14% 3% 6% 4% 15%
1 1 1 11 1 1 1 2 2 2 -0 -2 3
Interest 2 2 2 2 1 1 1 2 2 1 1 1 2
Depreciation 2 2 2 2 2 2 2 2 2 2 3 2 2
Profit before tax -5 -0 -4 13 -10 -3 -2 1 15 1 3 -1 15
Tax % 0% 9% -1% 73% 42% -2% 6% 2% -0% 2% 2% 5% 1%
-5 -0 -4 3 -14 -3 -2 1 15 1 3 -1 15
EPS in Rs -0.30 -0.03 -0.22 0.21 -0.85 -0.15 -0.15 0.09 0.91 0.07 0.19 -0.08 0.86
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
340 313 246 303 307 309 250 294 363 387 377 406
353 329 253 274 298 291 236 283 347 387 357 376
Operating Profit -13 -16 -7 29 8 18 13 11 16 -0 19 30
OPM % -4% -5% -3% 10% 3% 6% 5% 4% 4% -0% 5% 7%
44 8 15 26 12 6 7 5 4 14 6 2
Interest 24 24 22 21 17 18 17 6 8 7 5 5
Depreciation 5 5 2 2 2 7 5 4 7 8 8 9
Profit before tax 2 -37 -16 32 1 -2 -2 6 6 -1 12 18
Tax % 116% 0% 0% 0% 0% 0% 0% 0% -1% 1,250% 1% 1%
-0 -37 -16 32 1 -2 -2 6 6 -15 12 18
EPS in Rs -0.03 -2.58 -1.14 2.23 0.09 -0.11 -0.11 0.35 0.35 -0.89 0.70 1.03
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 143% 97%
Compounded Sales Growth
10 Years: 3%
5 Years: 10%
3 Years: 4%
TTM: 8%
Compounded Profit Growth
10 Years: 10%
5 Years: 107%
3 Years: 74%
TTM: 96%
Stock Price CAGR
10 Years: 56%
5 Years: 31%
3 Years: 95%
1 Year: 86%
Return on Equity
10 Years: 0%
5 Years: 2%
3 Years: 1%
Last Year: 4%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 28 28 28 28 30 30 33 33 34 34 34 36
Reserves 65 29 21 43 63 59 244 252 296 281 427 665
152 153 134 131 98 113 22 53 55 39 34 43
177 164 144 136 154 135 131 118 136 122 168 159
Total Liabilities 423 374 327 339 345 337 430 456 520 475 662 902
12 12 11 9 8 24 11 33 34 31 26 29
CWIP 0 0 0 0 0 0 0 0 2 0 0 0
Investments 49 49 49 49 49 49 194 194 234 234 306 306
362 313 267 281 288 264 224 229 250 210 330 567
Total Assets 423 374 327 339 345 337 430 456 520 475 662 902

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-36 -7 15 33 58 24 23 15 15 23 -24 -20
53 33 4 4 -22 4 -119 -4 -46 -2 -76 6
-18 -23 -23 -37 -36 -27 99 -14 31 -21 122 233
Net Cash Flow -2 3 -4 -0 -0 0 3 -3 -0 -0 22 219
Free Cash Flow -37 -12 12 33 58 23 24 11 8 20 -24 -22
CFO/OP 280% 11% -232% 65% 740% 180% -20% 75% 51% -290% -134% -42%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 133 121 113 125 112 91 98 103 119 92 149 156
Inventory Days 45 33 46 69 49 30 63 21 26 30 37 68
Days Payable 278 226 259 200 219 192 324 273 231 213 281 240
Cash Conversion Cycle -100 -72 -100 -6 -59 -71 -164 -149 -86 -91 -95 -16
Working Capital Days -34 -92 -128 -31 -22 -42 30 39 44 43 92 110
ROCE % -3% -6% -2% 17% 6% 9% 7% 4% 3% 1% 4% 4%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Total Headcount (Global Representatives)
Number

Log in to view insights

Please log in to see hidden values.

Login
Global Presence (Number of Countries)
Number
Revenue per Employee
INR Crore
Technology Partnerships
Number
Total Order Book / Backlog
USD Million
Client Concentration (Top 10 Clients Revenue Share)
Client Concentration (Top 10 Clients Revenue Share)
%
Estimated Market Share of TAM
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
71.14% 71.14% 71.14% 71.09% 71.06% 71.06% 70.60% 70.53% 70.35% 70.24% 70.11% 69.99%
5.54% 4.92% 4.83% 4.81% 4.71% 3.38% 4.33% 4.70% 4.09% 4.22% 3.43% 3.26%
0.01% 0.01% 0.01% 0.01% 0.01% 0.02% 0.02% 0.03% 0.03% 0.04% 2.46% 2.99%
0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.12%
23.18% 23.80% 23.90% 23.97% 24.09% 25.41% 24.91% 24.61% 25.42% 25.36% 23.85% 23.62%
No. of Shareholders 14,05816,84716,39416,64726,20655,99760,19864,21078,70988,06581,63973,638

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls