Black Box Ltd

Black Box Ltd

₹ 516 2.29%
30 May - 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 8,745 Cr.
  • Current Price 516
  • High / Low 716 / 218
  • Stock P/E 779
  • Book Value 27.2
  • Dividend Yield 0.00 %
  • ROCE 3.95 %
  • ROE 2.89 %
  • Face Value 2.00

Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 19.0 times its book value
  • The company has delivered a poor sales growth of 4.03% over past five years.
  • Company has a low return on equity of -0.04% over last 3 years.
  • Debtor days have increased from 120 to 149 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 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
70 82 79 106 97 84 95 104 104 84 81 87 124
72 78 78 93 98 82 95 98 111 84 82 84 107
Operating Profit -2 4 1 13 -1 2 -1 6 -8 -0 -1 3 17
OPM % -2% 5% 2% 12% -1% 2% -1% 5% -7% -0% -1% 4% 14%
0 1 1 1 1 1 1 11 1 1 1 2 2
Interest 2 2 2 2 2 2 2 2 1 1 1 2 2
Depreciation 1 1 2 2 2 2 2 2 2 2 2 2 2
Profit before tax -4 2 -1 10 -5 -0 -4 13 -10 -3 -2 1 15
Tax % 0% -6% 3% 0% 0% 9% -1% 73% 42% -2% 6% 2% -0%
-4 2 -1 10 -5 -0 -4 3 -14 -3 -2 1 15
EPS in Rs -0.27 0.12 -0.08 0.62 -0.30 -0.03 -0.22 0.21 -0.85 -0.15 -0.15 0.09 0.91
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
305 340 313 246 303 307 309 250 294 363 387 377
421 353 329 253 274 298 291 236 283 347 387 357
Operating Profit -116 -13 -16 -7 29 8 18 13 11 16 -0 19
OPM % -38% -4% -5% -3% 10% 3% 6% 5% 4% 4% -0% 5%
9 44 8 15 26 12 6 7 5 4 14 6
Interest 29 24 24 22 21 17 18 17 6 8 7 5
Depreciation 9 5 5 2 2 2 7 5 4 7 8 8
Profit before tax -145 2 -37 -16 32 1 -2 -2 6 6 -1 12
Tax % 0% 116% 0% 0% 0% 0% 0% 0% 0% -1% 1,250% 1%
-145 -0 -37 -16 32 1 -2 -2 6 6 -15 12
EPS in Rs -10.20 -0.03 -2.58 -1.14 2.23 0.09 -0.11 -0.11 0.35 0.35 -0.89 0.70
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 143%
Compounded Sales Growth
10 Years: 1%
5 Years: 4%
3 Years: 9%
TTM: -3%
Compounded Profit Growth
10 Years: 9%
5 Years: 55%
3 Years: 18%
TTM: 171%
Stock Price CAGR
10 Years: 37%
5 Years: 58%
3 Years: 48%
1 Year: 111%
Return on Equity
10 Years: -3%
5 Years: 0%
3 Years: 0%
Last Year: 3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 28 28 28 28 28 30 30 33 33 34 34 34
Reserves 65 65 29 21 43 63 59 244 252 296 281 427
148 152 153 134 131 98 113 22 53 55 39 34
295 177 164 144 136 154 135 131 118 136 122 168
Total Liabilities 537 423 374 327 339 345 337 430 456 520 475 662
19 12 12 11 9 8 24 11 33 34 31 26
CWIP 3 0 0 0 0 0 0 0 0 2 0 0
Investments 49 49 49 49 49 49 49 194 194 234 234 306
467 362 313 267 281 288 264 224 229 250 210 330
Total Assets 537 423 374 327 339 345 337 430 456 520 475 662

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
82 -36 -7 15 33 58 24 23 15 15 24 -24
24 53 33 4 4 -22 4 -119 -4 -46 -3 -76
-117 -18 -23 -23 -37 -36 -27 99 -14 31 -21 122
Net Cash Flow -10 -2 3 -4 -0 -0 0 3 -3 -0 -0 22

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 202 133 121 113 125 112 91 98 103 119 92 149
Inventory Days 132 45 33 46 69 49 30 63 21 26 30 37
Days Payable 376 278 226 259 200 219 192 324 273 231 213 281
Cash Conversion Cycle -42 -100 -72 -100 -6 -59 -71 -164 -149 -86 -91 -95
Working Capital Days 23 112 69 71 110 95 75 57 70 71 57 103
ROCE % -30% -3% -6% -2% 17% 6% 9% 7% 4% 3% 1% 4%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
71.21% 71.14% 71.14% 71.14% 71.14% 71.14% 71.14% 71.09% 71.06% 71.06% 70.60% 70.53%
5.60% 5.50% 5.58% 5.58% 5.54% 4.92% 4.83% 4.81% 4.71% 3.38% 4.33% 4.70%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.02% 0.02% 0.03%
0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13%
23.05% 23.21% 23.15% 23.15% 23.18% 23.80% 23.90% 23.97% 24.09% 25.41% 24.91% 24.61%
No. of Shareholders 12,61913,69614,15314,28314,05816,84716,39416,64726,20655,99760,19864,210

* 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