Black BoxNSE:BBOX -2.90%64 Net Margin % is 3.83% as of Mar. 2026, which is 150% above its 10-year median of 1.53. GuruFocus rates NSE:BBOX with a GF Score™ of 64/100 and a GF Value™ of ₹502.89 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,827 Software companies, Black Box ranks better than 53.1% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Black Box's Net Income for the
three
months ended in Mar. 2026 was ₹648 Mil. Black Box's Revenue for the
three
months ended in Mar. 2026 was ₹16,909 Mil. Therefore, Black Box's net margin for the quarter that ended in Mar. 2026 was 3.83%.
The historical rank and industry rank for Black Box's Net Margin % or its related term are showing as below:
NSE:BBOX'
s Net Margin % Range Over the Past 10 Years
Min: -4.26 Med: 1.53 Max: 3.44
Current: 3.44
NSE:BBOX's Net Margin % is ranked better than 53.1% of 2827
companies
in the Software industry
Industry Median: 2.54
vs NSE:BBOX: 3.44
Black Box (NSE:BBOX) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Black Box Net Margin % Related Terms
Black Box Net Margin % Historical Data
* Premium members only.
The historical data trend for Black Box's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:BBOX vs CRM, SHOP, UBER: Net Margin % Comparison
For the Software - Application subindustry, Black Box's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Black Box Net Margin % vs Software Industry
For the Software industry and Technology sector, Black Box's Net Margin % distribution charts can be found below:
* The bar in red indicates where Black Box's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Black Box (NSE:BBOX) has a Net Margin % of 3.83% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Black Box and its competitors. This is 150% above median its historical median of 1.53. According to the industry distribution chart, Black Box ranks #1326 out of 2827 companies in the Software industry, placing it in the top 46.9%.
Is Black Box's Net Margin % too high?
Black Box's current Net Margin % of 3.83% is 150% above median its 10-year median of 1.53. The Software industry median Net Margin % is 2.54. Black Box's value of 3.83% is 50.8% above this industry median. Based on the distribution chart, Black Box ranks #1326 out of 2827 companies in the Software industry, which is above the industry midpoint. Overall, Black Box has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Black Box's Net Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, Black Box ranks #1326 out of 2827 companies for Net Margin %. This puts Black Box in the upper half of its industry. The industry median Net Margin % is 2.54. Black Box's value of 3.83% is 50.8% above this benchmark. While the company's 10-year median is 1.53 vs. the industry median of 2.54, Black Box has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Software company?
The median Net Margin % among Software companies is 2.54, based on 2,827 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Black Box's current Net Margin % of 3.83% is 50.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Black Box and its competitors. For the Software industry, the median Net Margin % is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Box's current Net Margin % is 3.83%, which is 150% above median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Box stock overvalued right now?
Based on GuruFocus' analysis, Black Box (NSE:BBOX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹502.89, compared to a current price of ₹957.90 — trading 90.5% above its estimated fair value. The current Net Margin % is 3.83%, which is 150% above median its 10-year median of 1.53 and 50.8% above the Software industry median of 2.54. Black Box's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Black Box (NSE:BBOX), the current Net Margin % is 3.83% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Black Box (NSE:BBOX) Overvalued in 2026?
Based on GuruFocus' analysis, Black Box stock appears to be overvalued.
The current stock price of ₹957.90 is trading 90.5% above its estimated GF Value™ of ₹502.89.
GuruFocus considers Black Box to be Significantly Overvalued.
Key valuation signals for NSE:BBOX:
Net Margin %: 3.83% (150% above median its 10-year median of 1.53)
GF Value™: ₹502.89 vs. price of ₹957.90 (90.5% above fair value)
Industry Position: 50.8% above the Software median (#1326 of 2827)
No single metric tells the full story. See the NSE:BBOX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Black Box Ltd along with its subsidiaries provides information, communications technology solutions provider, and an integrator that delivers technology-based solutions across world markets and verticals with a spectrum of applications and services. The company's operating segments are Global System Integration (GSI); Technology Product Solution (TPS) and Others comprising of training and consulting services. It generates maximum revenue from the System Integration (SI) segment. The company exports its product to the Middle East/Africa, North America, Australia, New Zealand, Singapore, and Europe. Its solution line consists of unified communications, network infrastructure, data center, cyber security (CYBER-i), and digital transformation and applications.
64GF Score
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