Black Box

Black Box reported Q3 FY26 revenue of ₹1,660 croreCurrent reported value: ₹1,660 crore. No comparable prior figure is available in the source record. (+11Current 11 crore vs previous available quarter -3 crore.% YoY) and EBITDA of ₹147 croreCurrent ₹147 crore vs previous available quarter ₹116 crore. (+10% YoY), with margins stable at 8.9%Current 8.9% vs previous available quarter 8.4%.. However, the company slashed its FY26 revenue guidance from ₹6,750-7,000 crore to ₹6,325-6,375 croreCurrent reported value: ₹6,325-6,375 crore. No comparable prior figure is available in the source record., citing industry-wide supply chain constraints (fiber, GPUs, racks) that delayed project execution. Order backlog is expected to reach $800 millionCurrent reported value: $800 million. No comparable prior figure is available in the source record. by March 2026 (vs. earlier $700M), driven by strong data center demand. Management maintained its FY26 order booking guidance of $1 billionCurrent $1 billion. Reported change: On track. and announced the acquisition of Brazil-based 2S Technology for ~₹275 crore, expected to add ₹500 crore revenue in FY27. Risks include persistent supply chain issues, execution delays, and the need to scale quarterly order bookings from ~$230M to $350M+ to meet long-term $2B revenue target.