BIGBLOC - BIGBLOC Const.
📢 Recent Corporate Announcements
Bigbloc Construction Limited has announced its participation in the Bharat Connect Conference hosted by Arihant Capital. The virtual group meeting is scheduled for Wednesday, March 11, 2026, to discuss the ordinary course of business. This interaction provides an opportunity for institutional investors and analysts to engage with the company's management. The company has clarified that no unpublished price sensitive information (UPSI) will be disclosed during the session.
- Investor meeting scheduled for March 11, 2026, via virtual platform
- Participation in the Bharat Connect Conference organized by Arihant Capital
- Interaction will be conducted in a group meeting format
- Discussions will focus on the ordinary course of business and general operations
- Company confirms no unpublished price sensitive information will be shared
Bigbloc Construction reported its highest-ever quarterly revenue of Rs 728 million in Q3 FY26, representing a 28.1% YoY growth driven by a 38% surge in sales volume. The company successfully returned to profitability with a PAT of Rs 4 million, while EBITDA margins expanded to 11.1% due to improved capacity utilization of 67%. Strategic developments include a significant order from Larsen & Toubro and the imminent commencement of commercial production at the Umargaon construction chemicals facility. Management remains optimistic, targeting long-term EBITDA margins of 15-20% as utilization scales further.
- Consolidated revenue reached a record Rs 728 million, growing 28.1% YoY and 8.2% QoQ.
- Sales volume increased 38% YoY to 2,14,643 cubic meters, with overall capacity utilization rising to 67%.
- EBITDA grew 31.8% YoY to Rs 81 million, with margins improving to 11.1% from 2.8% in the previous quarter.
- Secured a major purchase order from Larsen & Toubro (L&T) for AAC blocks, strengthening the institutional order book.
- Announced expansion plans for a new facility in Madhya Pradesh and the start of construction chemicals production at Umargaon.
Bigbloc Construction Limited has made the audio recording of its earnings conference call available to the public following its session on January 21, 2026. This disclosure is a routine compliance requirement under SEBI Listing Obligations and Disclosure Requirements. The recording allows investors to hear management's direct commentary on the company's quarterly performance and future strategy. Such calls often contain qualitative details not found in the summary financial statements.
- Earnings call held on Wednesday, January 21, 2026, at 3:30 PM IST.
- Recording is accessible via the company's official website in the 'quarterly-concall' section.
- Compliance filing made under Regulation 30 and 46(2) of SEBI LODR Regulations.
Bigbloc Construction reported a strong Q3 FY26 with revenue growing 28.1% YoY to ₹728 million, driven by a 38% increase in sales volumes to 2,14,643 CBM. The company returned to profitability with a PAT of ₹4 million, recovering from a significant loss in the previous quarter (Q2 FY26). EBITDA margins improved sequentially to 11.1% from 2.8%, aided by higher capacity utilization and better operating leverage. Despite a challenging nine-month period showing a net loss of ₹77 million, the quarterly performance indicates a sharp operational turnaround.
- Revenue from operations grew 28.1% YoY to ₹728 million, marking the company's highest-ever quarterly sales.
- EBITDA increased 31.8% YoY to ₹81 million, with margins expanding to 11.1% from 10.7% YoY.
- Sales volume reached 2,14,643 CBM, a 38% YoY growth, while overall capacity utilization rose to 67%.
- Company secured a major purchase order from Larsen & Toubro (L&T) for AAC blocks.
- Renewable energy contribution increased to 36% of total power consumption, up from 26% in Q1 FY26.
Bigbloc Construction reported its highest-ever quarterly sales volume of 2,14,643 CBM in Q3 FY26, driving a 28.1% YoY revenue growth to ₹728 million. While 9M FY26 EBITDA remains down 52% YoY, the third quarter showed a significant sequential recovery with EBITDA margins rebounding to 11.1% from 2.8% in Q2 FY26. The company secured a major order from L&T and is expanding its footprint into Central India with land acquisition in Madhya Pradesh. Operational efficiency improved as capacity utilization reached 67%, supported by a 36% share of renewable energy in total power consumption.
- Q3 FY26 Revenue grew 28.1% YoY to ₹728 million, supported by a 38% YoY increase in sales volumes.
- EBITDA margins recovered to 11.1% in Q3 FY26 from a low of 2.8% in the preceding quarter.
- Overall capacity utilization improved to 67% in Q3 FY26 compared to 62% in Q2 FY26.
- Secured a significant purchase order from Larsen & Toubro (L&T) for AAC blocks.
- Commenced trial runs for the construction chemicals facility at Umargaon with commercial production expected soon.
Bigbloc Construction reported a 28% YoY increase in consolidated revenue to ₹72.81 crore for the quarter ended December 31, 2025. The company achieved a turnaround from a loss of ₹3.15 crore in the previous quarter to a consolidated net profit of ₹44.52 lakhs. While the Starbigbloc subsidiary showed strong capacity utilization at 90%, the overall average stood at 67%. Investors should note the auditor's qualification regarding the non-provisioning of employee benefits, which could impact reported profit figures if corrected.
- Consolidated Revenue rose to ₹72.81 crore in Q3 FY26 from ₹56.82 crore in Q3 FY25.
- Turned profitable on a consolidated basis with a PAT of ₹44.52 lakhs vs a loss of ₹3.15 crore in Q2 FY26.
- Starbigbloc subsidiary achieved 90% capacity utilization, while the Siam Cement JV operated at 51%.
- Standalone operations remained under pressure, reporting a marginal profit of only ₹0.33 lakhs.
- Auditors flagged a deviation from Ind AS 19 for not providing post-employment benefits on an accrual basis.
Bigbloc Construction reported a consolidated revenue of ₹72.81 crore for Q3 FY26, representing a 28.1% growth compared to ₹56.82 crore in Q3 FY25. The company successfully returned to a consolidated net profit of ₹48.91 lakhs, recovering from a significant loss of ₹3.11 crore in the preceding quarter. Capacity utilization across units averaged 67%, with the Starbigbloc subsidiary performing strongly at 90%. However, the statutory auditors noted a deviation from Ind AS-19 regarding the non-provision of post-employment benefits on an accrual basis, which could impact reported profit figures if corrected.
- Consolidated Revenue from Operations increased 28.1% YoY to ₹72.81 crore.
- Turnaround in profitability with a consolidated net profit of ₹48.91 lakhs vs a loss of ₹3.11 crore in Q2 FY26.
- Starbigbloc subsidiary achieved a high capacity utilization of 90%, while the Siam Cement JV operated at 51%.
- Nine-month consolidated revenue reached ₹198.49 crore, up from ₹160.05 crore in the previous year.
- Auditors highlighted a qualification regarding non-accrual of employee benefit expenses as per Ind AS-19.
Bigbloc Construction Limited has announced its earnings conference call scheduled for Wednesday, January 21, 2026, at 3:30 PM IST. The call is intended to discuss the company's unaudited financial results for the third quarter and nine-month period ending December 31, 2025. Senior management, including CFO Mohit Saboo and Promoter Manish Saboo, will be present to provide insights into the performance and future business outlook. This meeting follows the standard regulatory requirements under SEBI Listing Obligations.
- Earnings conference call scheduled for January 21, 2026, at 3:30 PM IST.
- Agenda includes discussion of Q3 and 9M FY2026 unaudited financial results.
- Management representation by CFO Mohit Saboo and Promoter Manish Saboo.
- The company is a leading manufacturer of Aerated Autoclaved Concrete (AAC) Blocks and Panels in India.
- Universal dial-in numbers provided are +91 22 6280 1106 and +91 22 7115 8007.
Bigbloc Construction Limited has filed its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The certificate, issued by Adroit Corporate Services Private Limited, confirms that share certificates received for dematerialization during the quarter ended December 31, 2025, were processed timely. The Registrar confirmed that securities were listed on exchanges and physical certificates were mutilated and cancelled within the mandated 15-day period. This is a standard procedural disclosure with no impact on company fundamentals.
- Compliance certificate submitted for the quarter ended December 31, 2025
- Registrar Adroit Corporate Services confirmed processing of demat requests within 15 days
- Physical share certificates were mutilated and cancelled as per SEBI guidelines
- Depositories' names were substituted in the register of members as registered owners
Bigbloc Construction Limited has scheduled a virtual group meeting with institutional investors and analysts for January 7, 2026. The interaction, hosted by Churchgate IR, will involve representatives from 13 different financial institutions including Centrum IA and Dolat Capital. The discussion will focus on the ordinary course of business, and the company has explicitly stated that no unpublished price sensitive information (UPSI) will be shared. This event reflects the company's commitment to maintaining active communication with the investment community.
- Virtual group meeting scheduled for Wednesday, January 7, 2026
- Participation from 13 institutional entities including DealWealth Capital and Centrum IA
- Interaction hosted by Churchgate IR to discuss ordinary business operations
- Company confirms no unpublished price sensitive information (UPSI) will be disclosed
- Announcement made under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements
Bigbloc Construction Limited has officially requested stakeholders to ignore a 'Trading Window closure' announcement uploaded to the NSE portal at 12:56 P.M. on December 29, 2025. The company clarified that the document was uploaded due to an inadvertent error and does not pertain to Bigbloc Construction Limited in any manner. This is a purely administrative correction and has no impact on the company's financial health or operational status. Investors should rely on the company's subsequent filings for accurate information.
- Clarification issued on December 29, 2025, regarding an incorrect filing on the NSE portal.
- Stakeholders requested to ignore the 'Trading Window closure' attachment uploaded at 12:56 P.M.
- Company confirms the error was unintentional and the document is not applicable to Bigbloc.
- No material or financial impact on the company's operations resulting from this error.
Bigbloc Construction Limited has announced the closure of its trading window starting January 1, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations. This closure is ahead of the company's announcement of unaudited financial results for the quarter ending December 31, 2025. The restriction applies to all designated persons, directors, and their immediate relatives, preventing them from trading in the company's equity shares. The window will reopen 48 hours after the financial results are officially declared to the exchanges.
- Trading window closure effective from January 1, 2026, for the quarter ending December 31, 2025.
- Restriction applies to all employees, directors, and Key Managerial Personnel (KMP).
- Window to remain closed until 48 hours after the declaration of unaudited financial results.
- The specific date for the Board Meeting to approve results will be announced separately.
Bigbloc Construction Limited has announced the closure of its trading window for all designated persons starting January 1, 2026. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations for the quarter ending December 31, 2025. The window will remain closed until 48 hours after the declaration of the unaudited financial results. This is a standard regulatory procedure to prevent insider trading prior to the public disclosure of quarterly performance.
- Trading window closure effective from Thursday, January 1, 2026.
- Closure pertains to the Unaudited Financial Results for the quarter ending December 31, 2025.
- The window will reopen 48 hours after the financial results are officially declared to the exchanges.
- Restriction applies to all Employees, Directors, Key Managerial Personnel, and Designated Persons.
Bigbloc Construction has successfully expanded its AAC block capacity to 1.3 million CBM per annum, achieving a 21.5% revenue CAGR over the last five years. The company reported FY25 revenue of INR 2,246 million and is diversifying into construction chemicals and wall panels via a JV with Thailand's SCG International. Despite lower FY25 return ratios (ROE 2.1%) due to heavy expansion capex, the company maintains a competitive <2% rejection rate and generates carbon credits. Future growth is anchored by a new greenfield project in Madhya Pradesh and potential entry into South Indian markets.
- Total manufacturing capacity increased to 13,00,000 CBM P.A. as of FY2025 from 5,75,000 in FY2022.
- Maintained a 5-year Revenue CAGR of 21.5% and EBITDA CAGR of 24.6% as of FY2025.
- Operational efficiency highlighted by a rejection rate of <2% compared to the 4-7% industry average.
- Strategic JV with SCG International for AAC wall panels and expansion into construction chemicals like tile adhesives.
- Planned greenfield expansion in Madhya Pradesh with 200,000 CBM capacity, expandable to 500,000 CBM.
Bigbloc Construction Limited has secured a domestic purchase order from Larsen & Toubro Limited, Construction. The contract involves the supply of Autoclaved Aerated Concrete (AAC) Blocks, a key product in the company's portfolio. The total order value is Rs. 2.21 Crores, including GST, and is expected to be executed within a period of 6 to 9 months. This win from a major industry leader like L&T validates the company's product quality and market standing.
- Secured a purchase order worth Rs. 2.21 Crores (inclusive of GST) from Larsen & Toubro Limited.
- The order is for the supply of Autoclaved Aerated Concrete (AAC) Blocks.
- Execution and delivery of the order are scheduled to be completed within 6 to 9 months.
- The transaction is with a domestic entity and does not involve related party interests.
Financial Performance
Revenue Growth by Segment
Revenue from operations in FY25 was INR 224.6 Cr, down 7.4% from INR 243.2 Cr in FY24. H1 FY26 consolidated revenue grew 19.8% YoY to INR 123.7 Cr. Q2 FY26 revenue was INR 67.3 Cr, up 30.3% YoY and 19.5% sequentially.
Geographic Revenue Split
Not disclosed in available documents, but the company operates across 9 cities in 4 states including Gujarat, Maharashtra, and Madhya Pradesh.
Profitability Margins
FY25 PAT margin was 1.4% (INR 3.2 Cr), a significant decline from 5.2% (INR 12.6 Cr) in FY24. Q2 FY26 EBITDA margin improved sequentially to 2.8% from 2.3% in Q1 FY26.
EBITDA Margin
FY25 EBITDA margin was 13.0% (INR 29.2 Cr), down from 23.1% (INR 56.1 Cr) in FY24. The decline was driven by capacity shutdowns and subdued market conditions leading to lower utilization.
Capital Expenditure
The company commissioned the Phase 2 expansion at the Wada facility, increasing cumulative production capability to 13 lakh cubic meters per annum. A new plant in Madhya Pradesh is also planned to reduce logistics costs.
Credit Rating & Borrowing
CRISIL BB+/Stable (Issuer Not Cooperating) as of late 2022; ratings were subsequently withdrawn at the company's request in 2023. Finance costs increased in FY25 due to expansion projects, rebasing the cost structure.
Operational Drivers
Raw Materials
Fly ash, cement, lime, and gypsum (standard for AAC blocks), though specific percentage breakdowns are not disclosed.
Capacity Expansion
Current cumulative production capacity is 13,00,000 CBM per annum following the Wada Phase 2 expansion. A new plant in Madhya Pradesh is planned to start soon to penetrate newer territories.
Raw Material Costs
Not disclosed as a specific percentage of revenue, but the company noted sequential margin improvement in Q2 FY26 was partly driven by stable input costs.
Manufacturing Efficiency
Capacity utilization improved to 62% in Q2 FY26 from 53% in Q1 FY26. FY25 utilization was 59% due to capacity shutdowns and subdued market conditions.
Logistics & Distribution
Outward transportation costs range from 12% to 20% of turnover, varying by region. The new MP plant is expected to reduce these costs for that territory.
Strategic Growth
Expected Growth Rate
21.50%
Growth Strategy
Growth will be achieved through the utilization of new capacities (Wada Phase 2), the launch of India's first AAC Wall Plant at Kheda (JV), and the upcoming Madhya Pradesh plant to reduce logistics costs and enter new markets.
Products & Services
AAC Blocks and AAC Wall Panels.
Brand Portfolio
NXTBLOC.
New Products/Services
India's first AAC Wall Plant at Kheda, Gujarat, launched through a joint venture. AAC wall panel utilization reached 43% in Q2 FY26.
Market Expansion
Planned penetration into Madhya Pradesh and surrounding territories via a new manufacturing facility.
Market Share & Ranking
One of the largest AAC Block manufacturers in India.
Strategic Alliances
Joint venture for the AAC Wall Plant at Kheda, Gujarat; partnerships with over 100 top realtors and EPC players.
External Factors
Industry Trends
The industry is shifting toward green building materials; AAC blocks are gaining structural demand due to their sustainable properties and superior performance.
Competitive Landscape
Integrated green building materials company competing in the construction and infrastructure sector.
Competitive Moat
Durable cost advantage through a <2% rejection rate (vs 4-5% industry average) and a strong supply chain network across 9 cities in 4 states.
Macro Economic Sensitivity
Highly sensitive to government infrastructure spending, housing demand, and industrial development trends.
Consumer Behavior
Growing customer acceptance and awareness of AAC wall panels for faster and more efficient construction.
Regulatory & Governance
Industry Regulations
Adheres to stringent governance frameworks and regularly reviews compliance with applicable regulations.
Environmental Compliance
100% of employees trained on health and safety; 2,375 kW solar capacity installed to reduce carbon footprint.
Risk Analysis
Key Uncertainties
Fluctuations in logistics costs (12-20% of revenue) and the timing of commercial operations at new plants impacting margin expansion.
Geographic Concentration Risk
Operations are concentrated in Gujarat, Maharashtra, and upcoming in Madhya Pradesh.
Third Party Dependencies
Investor Relations managed by Churchgate Partners.
Technology Obsolescence Risk
Mitigated by selecting cutting-edge technology and automation-led manufacturing processes.