Investor Presentation

Telephone: +91 22 6661 7272 | Email: info.india@blackbox.com BBOX/SD/SE/2026/75 August 12, 2026 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, Mumbai 400001 Bandra East, Mumbai 400051 Sub: Submission of Investor Presentation Ref.: Scrip code: BSE: 500463/NSE: BBOX Dear Sir/Madam, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Investor Presentation. The same will also be available on the website of the Company at www.blackbox.com. This is for your information, record and necessary dissemination to all the stakeholders. Thanking You, For Black Box Limited Aditya Goswami Company Secretary & Compliance Officer Encl.: A/a. BLACK BOX LIMITED Registered Office: 501, 5th Floor, Building No. 9, Airoli Knowledge Park, MIDC Industrial Area, Airoli, Navi Mumbai 400 708, India BLACKBOX.COM | CIN: L32200MH1986PLC040652 | Tel: +91 22 6661 7272 REDEFINE READY Your Connect-Anything, Optimize-Everything Partner Results Presentation Q1 FY27 12 Aug 2026 Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Black Box Limited have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. This presentation contains certain forward-looking statements concerning the Company’s future business prospects and business profitability, which are subject to a number of risks and uncertainties, and the actual results could materially differ from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, competition (both domestic and international), economic growth in India and abroad, ability to attract and retain highly skilled professionals, time and cost over runs on contracts, our ability to manage our international operations, government policies and actions regulations, interest and other fiscal costs generally prevailing in the economy. The Company does not undertake to make any announcement in case any of these forward-looking statements become materially incorrect in future or update any forward-looking statements made from time to time by or on behalf of the Company. Q1 FY27 FINANCIAL HIGHLIGHTS Financial Highlights – Q1 FY27 Highest quarterly revenue, strong order booking and robust order backlog Revenue Amt in ` crore o Robust order bookings during the quarter of $339 mn (`3,208 cr) 6,323 5,967 o Order backlog strengthened to $949 mn (`8,986 cr) due to improved conversion of 1,691 1,545 pipeline, especially in the data center (DC) business; Win-rate for large deals has n 1,502 1,660 improved by over 2x e 1,497 1,585 1,719 o Revenue up 24% YoY (despite Q1 typically being a softer quarter) on account of 24% improved execution of orders, from a rising order backlog and contribution from the 1,423 1,387 YoY recently acquired Brazilian entity, “2S”, effective May 1 FY25 FY26 Q1FY27 o Revenue contribution from DC which was ~17% in FY26, will increase to ~30% in FY27 on account of execution of large DC orders 9.3% o Contribution of high-value strategic accounts increasing; focused strategy & 147 o Majority growth is led by large enterprises in the U.S., including hyperscalers, and Dg 134 147 Tr a 160 improving contribution from other geographies like Latin America and India I BM 135 143 115 116 YoY EBITDA and margin FY25 FY26 Q1FY27 o YoY EBITDA up 38% with margins improving by 90 bps YoY to 9.3%, due to improved operating leverage and productivity 204 o With expected growth in revenue on the back of higher backlog, fixed cost absorption 60 will continue to be higher helping the company reach its targeted 10% EBITDA margin by T A 56 50 the end of FY27 P 56 56 37 47 YoY FY25 FY26 Q1FY27 o PAT up 18% YoY on account of better EBITDA despite higher exceptional items and higher finance costs Q1 Q2 Q3 Q4 Healthy Total Order Backlog Increase in large value deals and large Project Wins; focus on higher conversion of pipeline continues Order Backlog ($ million) Order Book and Pipeline Update o Order bookings during the quarter: $339 mn (`3,208 cr) 24 3% o Order backlog increased by $157 mn (`1,486 cr) sequentially to $949 mn (`8,986 cr), up 28% QoQ o Avg. tenure of order backlog has increased from 12-15 months in FY26 to approx. 18 months, increasing revenue quality and visibility 440 46% • data center projects (24-36 months), enterprise projects (6-12 months), maintenance contracts (12-24 months) and managed services (12-24 504 months) o Order backlog from project-led business increased ~50% QoQ, reflecting an 3% 17 improving quality of revenue and greater participation in longer-duration engagements with 24–36 months of revenue visibility 37% 175 253 258 o Q1 FY27 notable wins: • Secured a $131 mn (~₹1,240 cr) engagement with a new U.S. based global 29% 134 hyperscaler, 222 227 24% • Financial services, healthcare, public services and retail contributed ~$80 31% 144 mn (~₹757 cr) • a large U.S. connectivity infrastructure and networking engagement with Mar '24 Mar '25 Mar '26 Jun '26 one of the world’s largest chip manufacturers • a workplace solutions and connectivity engagement with a leading Managed Services + T&M Maintenance Contract discount retailer Projects Products • significant orders from a state government in the U.S. and a leading healthcare provider Order book growth due to AI-led infrastructure investments cr = crore Management Commentary Commenting on the results and performance Mr. Sanjeev Verma, Whole-time Director, Black Box said, “We have entered FY27 with strong momentum, delivering our highest-ever quarterly revenue of ₹1,719 crore, up 24% YoY, driven by improved execution of our expanding backlog and the contribution from our recently acquired Brazilian business, 2S. Strong order bookings of US$339 million lifted our backlog to an all-time high of US$949 million, providing greater visibility and a strong foundation for sustained growth. Black Box today operates from a fundamentally stronger platform. Our growing participation in AI-led digital infrastructure, expanding hyperscaler relationships and deep presence across approximately 300 strategic enterprise accounts give us significant headroom to scale. Our priority is to convert this opportunity into disciplined, profitable growth as we build towards our ambition of becoming a US$2 billion revenue company by FY30.” Mr. Deepak Kumar Bansal, Executive Director and Global Chief Financial Officer of Black Box, said, “Q1 demonstrates the improving financial quality of the business, with EBITDA growth outpacing revenue growth and margins expanding by 90 bps. The increasing scale, quality and duration of our order book create a stronger base for growth and enhance revenue visibility. Our focus remains on translating this momentum into stronger cash flow [Showing first 8,000 characters — download PDF for full document]