Black Box (NSE:BBOX) Retained Earnings: ₹0 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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NSE:BBOX Black Box Ltd NSE:BBOX
76 GF Score
Price ₹753.70
GF Value ₹508.13
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Black Box Retained Earnings?

Black Box NSE:BBOX -0.24% 76 Retained Earnings is ₹0 Mil as of Mar. 2026. GuruFocus rates NSE:BBOX with a GF Score™ of 76/100 and a GF Value™ of ₹508.13 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Black Box's retained earnings for the quarter that ended in Mar. 2026 was ₹0 Mil.

Black Box's annual retained earnings increased from Mar. 2024 (₹265 Mil) to Mar. 2025 (₹3,387 Mil) but then declined from Mar. 2025 (₹3,387 Mil) to Mar. 2026 (₹0 Mil).


Black Box  (NSE:BBOX) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Black Box Retained Earnings Historical Data

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The historical data trend for Black Box's Retained Earnings 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.

Black Box Retained Earnings Chart

Black Box Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,348.80 -1,111.80 264.90 3,387.40 0.00

Black Box Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,387.40 0.00 0.00 0.00 0.00
NSE:BBOX
76GF Score
Black Box Ltd NSE:BBOX
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Black Box Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of ₹0 Mil mean?
Black Box (NSE:BBOX) has a Retained Earnings of ₹0 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Black Box and its competitors.
Is Black Box's Retained Earnings too high?
Black Box's current Retained Earnings is ₹0 Mil. Overall, Black Box has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Black Box's Retained Earnings compare to QH and SHOP?
Black Box's Retained Earnings of ₹0 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Software company?
A good Retained Earnings depends on the Software industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Black Box and its competitors. Black Box's current Retained Earnings is ₹0 Mil. 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 ₹508.13, compared to a current price of ₹753.70 — trading 48.3% above its estimated fair value. The current Retained Earnings is ₹0 Mil. Black Box's overall GF Score™ is 76/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Black Box (NSE:BBOX), the current Retained Earnings is ₹0 Mil 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 ₹753.70 is trading 48.3% above its estimated GF Value™ of ₹508.13. GuruFocus considers Black Box to be Significantly Overvalued.

Key valuation signals for NSE:BBOX:

  • Retained Earnings: ₹0 Mil
  • GF Value™: ₹508.13 vs. price of ₹753.70 (48.3% above fair value)
  • GF Score™: 76/100 with 2 warning signs

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 Business Description

Other Exchanges 500463:India
Address Building No. 9, Airoli Knowledge Park, 501, 5th Floor, MIDC Industrial Area, Airoli, Navi Mumbai, MH, IND, 400 708
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.
76GF Score

Get the complete analysis for NSE:BBOX

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹753.70
Price
₹508.13
GF Value