Black Box Targets Explosive Growth: Eyes $2 Billion Revenue by 2029

Black Box, a digital infrastructure provider, plans to achieve a 15% annual growth rate over the next four years, aiming for a $2 billion revenue by fiscal year 2029. The company expects acquisitions to contribute $750 million in incremental revenue and aims for a robust portfolio in emerging technologies.

Black Box, a leading digital infrastructure solutions provider, aims for a 15% annual growth over the next four years, targeting a $2 billion revenue milestone by fiscal year 2029, according to President and CEO Sanjeev Verma.

The company plans acquisitions that could add $750 million to its revenues. With a quarterly order book averaging $500 million, Black Box is set to close the fiscal year 30-40% higher than the last, with strong forward visibility.

Expanding in the US, India, and Europe markets, Black Box focuses on emerging technologies like hyper-converged infrastructure and edge computing. It plans to expand its computing capacity by 100 gigawatts, aiming for a $200 billion addressable market and a $200 million EBITDA by 2029.

(With inputs from agencies.)