Black Box Limited · NSE:BBOX
Black Box — Q1 FY2025 Earnings Presentation
18 slides from Black Box's earnings presentation, Aug 14, 2024
Slide 1: Submission of Investor Presentation cover letter
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Slide 2: Black Box Limited Results Presentation August 2024
Black Box Limited Results Presentation August 2024
Slide 3: Safe Harbour
SAFE HARBOUR This presentation and the accompanying slides (the “Presentation”), which have been prepared by Black Box Limited (Formerly AGC Networks Limited), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe fo
Slide 4: Q1FY25 Financial Highlights
Q1FY25 FINANCIAL HIGHLIGHTS NAME ONE BRAND LANGUAGE 3
Slide 5: Financial Highlights
FINANCIAL HIGHLIGHTS In Rs. Crores Q1FY24 Q1FY25 Revenues: 1,571 1,423 ▪ Hold up in decision making, leading to delayed project execution, thereby impacting revenue REVENUE ▪ Pipeline continues to swell, order book increased to US$ 475 million as at June 30, 2024 ▪ Continue to exit low value and non
Slide 6: Management Commentary
MANAGEMENT COMMENTARY Commenting on the results and performance Mr. Sanjeev Verma, Whole-time Director, Black Box said, “Our strategic exit from low-value, non-accretive customers had a short-term impact on revenue. However, our relentless focus on productivity and margins allowed us to meet EBITDA
Slide 7: Secures Rs. 410 Crores in funding to drive growth and expansion
Secures Rs. 410 Crores in funding to drive growth and expansion in digital infrastructure sector (Rs in Cr) Promoters 200 The Board of Directors approved the issuance in one or more tranches, 98,32,123 fully convertible warrants, at a price of Rs. 417/- per warrant, aggregating to Rs. 410 crores FII
Slide 8: Large Deal Wins in Q1FY25
LARGE DEAL WINS IN Q1FY25 Transaction Value Clients Total Order Book (US $ mn) 470 475 $9.3 Mn Data Center build for an American multinational corporation and technology company 17 15 Digital Workplace, Connected Building, CX, and Networking Solutions for one of the largest $5.0 Mn cruise lines 175
Slide 9: Q1FY25 – Consolidated P&L
Q1FY25 – CONSOLIDATED P&L Particulars (Rs in Cr) Q1FY25 Q1FY24 YoY Q4FY24 QoQ FY24 Revenue from Operations 1,423 1,571 -9% 1,480 -3.8% 6,282 Gross Profit 439 417 5% 434 1% 1,714 Gross Profit Margin 30.8% 26.5% 29.3% 27.3% Gain on foreign currency transaction (net) -4 2 -4 2 Total Other Expenses 320
Slide 10: Well Diversified Global Business Model – Q1FY25
WELL DIVERSIFIED GLOBAL BUSINESS MODEL – Q1FY25 Revenue by Geography Revenue by Industry India, 6% 1% 1% 1% Financial Services Europe, 8% 4% Technology MEA, 2% 4% 6% Healthcare 21% Business Services APAC, 5% 3% Distributors 3% Manufacturing Latin America, Retail 2% 6% Government 7% 22% Transport Nor
Slide 11: Medium Term Targets
MEDIUM TERM TARGETS NAME ONE BRAND LANGUAGE 10
Slide 12: Medium-Term Targets
MEDIUM-TERM TARGETS Guidance Achievement Remarks Growth Drivers All figures in Rs. FY24A FY24E FY25E Crores ✓ Focus on top 250 customers and share of Hold up in decision wallet expansion 7,000 to 6,600 to 6,900 REVENUE 6,282 making, exiting low value 7,500 long tail customers (up by 5 to 10%) ✓ Addi
Slide 13: Roadway to Margin Expansion
ROADWAY TO MARGIN EXPANSION Customer operations and shared services utilising our center of excellence in Bangalore Better Rookie mix Better procurement and sub-contractor management Our Margin Expansion Strategy Right shore to ensure cost optimization Facility Optimization and ERP Consolidation Rep
Slide 14: Historical Financial Highlights
HISTORICAL FINANCIAL HIGHLIGHTS NAME ONE BRAND LANGUAGE 13
Slide 15: Consolidated Profit and Loss Statement
CONSOLIDATED PROFIT AND LOSS STATEMENT Particulars (Rs in Cr) FY19 FY20* FY21 FY22 FY23 FY24 Revenue from Operations 1,853 4,994 4,674 5,370 6,288 6,282 Gross Profit 496 1,521 1,497 1,549 1,640 1,714 Gross Profit Margin 26.8% 30.4% 32.0% 28.9% 26.1% 27.3% Gain on foreign currency transaction (net) 0
Slide 16: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET Particulars (Rs in Cr) Mar-19 Mar-20* Mar-21 Mar-22 Mar-23 Mar-24 Particulars (Rs in Cr) Mar-19 Mar-20* Mar-21 Mar-22 Mar-23 Mar-24 EQUITY AND LIABILITIES Non-Current Assets Equity Property, Plant And 156 164 164 190 161 120 Equipment Equity Share Capital 30 30 33 33 34 34
Slide 17: Summary of Consolidated Cash Flows
SUMMARY OF CONSOLIDATED CASH FLOWS Particulars (Rs in Cr) FY19 FY20* FY21 FY22 FY23 FY24 Operating profit before working capital changes (33) 346 407 224 296 424 Changes in working capital (13) 817 (156) (108) (278) (313) Cash generated from operations (46) 1,163 251 117 18 111 Direct taxes paid (ne
Slide 18: Contact Us
CONTACT US Company : Investor Relations Advisors : Black Box Limited Strategic Growth Advisors Private Limited CIN: L32200MH1986PLC040652 CIN: U74140MH2010PTC204285 Deepak Kumar Bansal Rahul Agarwal / Karan Thakker deepak.bansal@blackbox.com rahul.agarwal@sgapl.net / karan.Thakker@sgapl.net +91 9821