Slide 1: Submission of Investor Presentation to Stock Exchanges
Telephone: +91 22 6661 7272 | Email: info.india@blackbox.com BBOX/SD/SE/2024/07 February 9, 2024 To, Corporate Relationship Department Corporate Relationship Department Bombay Stock Exchange Limited National Stock Exchange Limited P.J. Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Fort
Slide 2: Black Box Limited Results Presentation
Black Box Limited Results Presentation February 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: Q3 & 9M FY24 Financial Highlights
Q3 & 9M FY24 FINANCIAL HIGHLIGHTS NAME ONE BRAND LANGUAGE 3
Slide 5: Financial Highlights
FINANCIAL HIGHLIGHTS In Rs. Crores 1,672 4,801 Revenues: 1,574 1,655 4,606 ▪ Revenue for Q3FY24 witnessed a growth of 5% QoQ and was muted on a YoY basis. For 9MFY24 revenue grew by REVENUE 4% YoY ▪ Strategy to focus on large revenue customers yielding Q3FY23 Q2FY24 Q3FY24 9MFY23 9MFY24 results ▪ Pi
Slide 6: Management Commentary
MANAGEMENT COMMENTARY Commenting on the results and performance Mr. Sanjeev Verma, Whole-time Director, Black Box said, “We are delighted by our achievements in Q3 and 9MFY24. Our EBITDA margins and overall profitability both on a QoQ and YoY basis has increased substantially due to our emphasis on
Slide 7: Deal Wins of $50 Million+ During the Quarter
DEAL WINS OF $50 MILLION+ DURING THE QUARTER Transaction Clients Value Projects Order backlog for North America Data Center and In-Building 5G/OnGo solutions for an American social media and social (US $ mn) $37.4 Mn networking giant 193 185 $6.6 Mn Data Center solutions for a short-form video hosti
Slide 8: Q3 & 9M FY24 – Consolidated P&L
Q3 & 9M FY24 – CONSOLIDATED P&L Particulars (Rs. Crs. ) Q3FY24 Q3FY23 YoY Q2FY24 QoQ 9MFY24 9MFY23 YoY Revenue from Operations 1,655 1,672 -1% 1,574 5% 4,801 4,606 4% Gross Profit 426 426 437 -2% 1,280 1,172 9% Gross Profit Margin % 25.7% 25.5% 27.7% 26.7% 25.5% Gain on foreign currency transaction
Slide 9: Well Diversified Global Business Model – 9M FY24
WELL DIVERSIFIED GLOBAL BUSINESS MODEL – 9M FY24 Revenue by Geography Revenue by Industry India, 6% 1% 1% Financial Services 2% Technology Europe, 10% 3% 6% 3% Healthcare 3% 21% MEA, 3% Business Services Distributors 4% APAC, 5% Manufacturing Retail Latin America, 6% Government 1% 21% 8% Transport N
Slide 10: Medium Term Targets
MEDIUM TERM TARGETS NAME ONE BRAND LANGUAGE 9
Slide 11: Medium-Term Targets
MEDIUM-TERM TARGETS Growth Drivers FY20 FY23 FY24 All figures in Rs. Crores REVENUE 4,994 6,288 7,000 to 7,500 ✓ Increasing existing customers & market penetration + Addition of new clients Normalised ✓ Inorganic growth opportunities 328 269 400 to 450 EBITDA ✓ Optimize operational efficiencies ✓ Op
Slide 12: Roadway to Margin Expansion
ROADWAY TO MARGIN EXPANSION Customer operations and shared services utilising our centre 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 13: Historical Financial Highlights
HISTORICAL FINANCIAL HIGHLIGHTS NAME ONE BRAND LANGUAGE 12
Slide 14: Consolidated Profit and Loss Statement
CONSOLIDATED PROFIT AND LOSS STATEMENT Particulars (Rs. Crs. ) FY19 FY20* FY21 FY22 FY23 H1FY24 Revenue from Operations 1,853 4,994 4,674 5,370 6,288 3,146 Gross Profit 496 1,521 1,497 1,549 1,640 854 Gross Profit Margin % 26.8% 30.4% 32.0% 28.9% 26.1% 27.1% Gain on foreign currency transaction (net
Slide 15: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET Particulars (Rs in Cr) Mar-19 Mar-20* Mar-21 Mar-22 Mar-23 Sep-23 Particulars (Rs in Cr) Mar-19 Mar-20* Mar-21 Mar-22 Mar-23 Sep-23 Non-Current Assets EQUITY AND LIABILITIES Equity Property, Plant And Equipment 156 164 164 190 161 115 Equity Share Capital 30 30 33 33 34 34
Slide 16: Summary of Consolidated Cash Flows
SUMMARY OF CONSOLIDATED CASH FLOWS Particulars (Rs in Cr) FY19 FY20* FY21 FY22 FY23 H1FY24 Operating profit before working capital changes (33) 346 407 224 296 172 Changes in working capital (13) 817 (156) (108) (278) (123) Cash generated from operations (46) 1,163 251 117 18 50 Direct taxes paid (n
Slide 17: Contact Us
CONTACT US Company : Investor Relations Advisors : Black Box Limited Strategic Growth Advisors Private Limited CIN: L32200MH1986PLC040652 CIN: U74140MH2010PTC204285 Deepak Bansal Rahul Agarwal / Karan Thakker deepak.bansal@blackbox.com rahul.agarwal@sgapl.net / karan.Thakker@sgapl.net +91 982143 886