• FY27 Growth Guidance: Black Box expects revenue growth to reach approximately 20% in fiscal 2027, supported by an inorganic addition of nearly 500 crores from a Brazilian acquisition, while targeting operating margins of around 10%.
• Order Book Expansion: The company entered the year with an $800 million backlog and expects order inflows to surge by 50% or more in FY27, driven by a new breakthrough with a major global hyperscaler.
• Cash Flow Outlook: Following negative operating cash flow caused by delayed March projects and elevated receivables, management expects collections to normalize with an EBITDA-to-cash flow conversion rate of 70% to 80%.
• Promoter Capital Infusion: Addressing marginal quarterly dilutions, management clarified that promoters contributed 200 crores toward a 386-crore preferential issue to reinforce their long-term commitment to the business.