Black Box Limited · NSE:BBOX

Black Box — Q4 FY2024 Earnings Presentation

19 slides from Black Box's earnings presentation, May 31, 2024

  1. Slide 1: Submission of Investor Presentation (exchange cover letter)

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  2. Slide 2: Black Box Limited Results Presentation May 2024

    Black Box Limited Results Presentation May 2024

  3. 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

  4. Slide 4: Q4 & FY24 Financial Highlights

    Q4 & FY24 FINANCIAL HIGHLIGHTS NAME ONE BRAND LANGUAGE 3

  5. Slide 5: Financial Highlights

    FINANCIAL HIGHLIGHTS In Rs. Crores Q4FY22 Q4FY23 Q4FY24 FY22 FY23 FY24 Revenues: ▪ Hold up in decision making, led to delayed project 1,682 6,288 6,282 execution in the 2nd half of FY24 impacting revenue 1,442 1,480 5,370 growth REVENUE ▪ Robust pipeline growth. Expect order momentum at the back of

  6. Slide 6: Management Commentary

    MANAGEMENT COMMENTARY Commenting on the results and performance Mr. Sanjeev Verma, Whole-time Director, Black Box said, “For FY24, we have been exiting low value and long tail customers which led to a miss on our revenue guidance, however, we were able to achieve our EBITDA guidance and PAT was very

  7. Slide 7: Large Deal Wins in FY24 - Focus Continues to Be on Large Deals

    LARGE DEAL WINS IN FY24 - FOCUS CONTINUES TO BE ON LARGE DEALS Transaction Value Clients Total Order Book (US $ mn) Data Center and In-Building 5G/OnGo solutions for an American online social media $105.4 Mn 490 and social networking service 470 10 17 On Demand and Connected Building solutions for a

  8. Slide 8: Q4 & FY24 – Consolidated P&L

    Q4 & FY24 – CONSOLIDATED P&L Particulars (Rs in Cr) Q4FY24 Q4FY23 YoY Q3FY24 QoQ FY24 FY23 YoY Revenue from Operations 1,480 1,682 -12% 1,655 -11% 6,282 6,288 0% Gross Profit 434 467 426 2% 1,714 1,640 5% Gross Profit Margin 29.3% 27.8% 25.7% 27.3% 26.1% Gain on foreign currency transaction (net) -4

  9. Slide 9: Consolidated Balance Sheet

    CONSOLIDATED BALANCE SHEET Particulars (Rs in Cr) Mar-24 Mar-23 Particulars (Rs in Cr) Mar-24 Mar-23 Non-Current Assets EQUITY AND LIABILITIES Equity Property, Plant And Equipment 120 161 Equity Share Capital 34 34 Right Of Use Asset 291 259 Other Equity 447 262 Goodwill 334 316 Total Equity 481 296

  10. Slide 10: Summary of Consolidated Cash Flows

    SUMMARY OF CONSOLIDATED CASH FLOWS Particulars (Rs in Cr) FY24 FY23 Operating profit before working capital changes 424 296 Changes in working capital (313) (278) Cash generated from operations 111 18 Direct taxes paid (net of refund) 24 (0) Net Cash from Operating Activities (A) 134 18 Net Cash fro

  11. Slide 11: Well Diversified Global Business Model – FY24

    WELL DIVERSIFIED GLOBAL BUSINESS MODEL – FY24 Revenue by Geography Revenue by Industry India, 6% 2% 1% 1% Financial Services Europe, 8% 3% Technology 4% 3% Healthcare MEA, 3% 3% 22% Business Services APAC, 5% 4% Distributors Manufacturing Latin America, 7% Retail 1% Government 8% 21% Transport North

  12. Slide 12: Medium Term Targets

    MEDIUM TERM TARGETS NAME ONE BRAND LANGUAGE 11

  13. Slide 13: Medium-Term Targets

    MEDIUM-TERM TARGETS Guidance Achievement Remarks Growth Drivers All figures in 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%) ✓ A

  14. Slide 14: 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

  15. Slide 15: Historical Financial Highlights

    HISTORICAL FINANCIAL HIGHLIGHTS NAME ONE BRAND LANGUAGE 14

  16. Slide 16: 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

  17. Slide 17: 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

  18. Slide 18: 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

  19. Slide 19: 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

Black Box — Q4 FY2024 Earnings Presentation on 6ix