Bigbloc Construction Limited (BIGBLOC)
₹43.24 +7.08% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Bigbloc Construction's revenue was ₹79.1 Cr (+40.4% year on year, -9.0% on the previous quarter), and net profit ₹-0.7 Cr (a smaller loss than a year earlier); the operating margin was 7.9%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹79.1 | +40.4% | -9.0% |
| Operating profit | ₹6.3 | +382.9% | -1.1% |
| Net profit | ₹-0.7 | loss narrowed | loss narrowed |
| EPS (₹) | 0.01 | from loss | -83.3% |
| Operating margin | 7.9% | — | — |
BIGBLOC delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 28.9% of the BIGBLOC shares traded on NSE were taken to delivery, against the stock's own 20-session average of 68.89%. The price rose 7.08% on unusually low delivery, so more of the move than usual was intraday trading. It traded 17.1 times its average daily volume. It closed at a price band (circuit) on 1 session in about the last 20.
Delivery in the last 5 sessions: 66.9% · 68.2% · 54.6% · 33.6% · 28.9%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Bigbloc Construction Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026. The certificate from Registrar and Share Transfer Agent, Adroit Corporate Services Private Limited, confirms that securities received for dematerialisation were processed and confirmed within 15 days. The physical security certificates were verified, mutilated, and cancelled as mandated. This is a standard procedural compliance filing with no impact on operations or financials.
- Regulation 74(5) compliance submitted for the quarter ended 30th September, 2026
- RTA Adroit Corporate Services confirmed dematerialisation requests processed within 15 days
- Security certificates received were mutilated and cancelled after due verification
Bigbloc Construction Limited has scheduled a group plant visit for institutional investors and brokers at its Wada plant on Friday, September 11, 2026. The visit is being organized by Valorem Advisors and includes participation from around 20 firms, including Phillip Capital, Dolat Capital, and Ventura Securities. The company confirmed that discussions will rely solely on publicly available information without sharing any unpublished price-sensitive information.
- Plant visit scheduled for Friday, September 11, 2026, at the Wada facility
- Organized by Valorem Advisors on a physical group interaction basis
- Participation list includes 20 institutional investors, brokers, and family offices
- Company confirmed no unpublished price-sensitive information (UPSI) will be shared
Bigbloc Construction Limited announced the consolidated scrutinizer's report and voting results for its 11th Annual General Meeting held on August 25, 2026. All three ordinary resolutions were approved by shareholders with nearly 100% votes in favour. Key approvals included the adoption of FY26 financial statements, the re-appointment of Director Mohit Narayan Saboo, and material related-party transactions for FY 2026-27 with group entities.
- Adoption of FY26 Standalone and Consolidated Financial Statements approved with 11,25,38,272 votes in favour (100.00%) and 132 against
- Re-appointment of Director and CFO Mohit Narayan Saboo passed with 11,25,35,210 votes in favour (100.00%)
- Material related-party transactions for FY27 with Bigbloc Building Elements and Siam Cement BigBloc approved with 11,25,36,978 votes in favour
- Remote e-voting was conducted from August 22, 2026 to August 24, 2026 with cut-off date of August 18, 2026
Bigbloc Construction Limited conducted its 11th Annual General Meeting (AGM) on August 25, 2026, via video conferencing. Key resolutions transacted included the adoption of standalone and consolidated financial statements for FY 2025-26, the reappointment of Director Mr. Mohit Narayan Saboo, and the approval of material related party transactions for FY 2026-27 with Bigbloc Building Elements Private Limited and Siam Cement Big Bloc Construction Technologies Private Limited. Scrutinizer voting results will be declared within two working days.
- 11th Annual General Meeting held on August 25, 2026, from 12:10 PM to 12:44 PM
- Transacted adoption of audited financial statements for the financial year ended March 31, 2026
- Considered approval of material Related Party Transactions for FY 2026-27 with two entities, including Siam Cement Big Bloc JV
- Voting results via remote e-voting and AGM e-voting to be disclosed within 2 working days
Bigbloc Construction Limited has submitted its updated Investor Presentation for August 2026. The presentation highlights a cumulative manufacturing capacity of 13,00,000 CBM per annum across four facilities in Gujarat and Maharashtra. For Q1 FY27 (Jun 2026), the company reported revenue of INR 791 Mn (Rs 79.1 Cr) with an EBITDA margin of 7.96% and sales volumes of 2,21,545 CBM. The company continues to maintain a promoter holding of 72.81% and a net debt-to-equity ratio of 1.4x.
- Total AAC block and panel manufacturing capacity stands at 13,00,000 CBM per annum across 4 manufacturing units
- Reported Q1 FY27 revenue of INR 791 Mn with EBITDA of INR 63 Mn (7.96% EBITDA margin)
- Sales volumes for Q1 FY27 reached 2,21,545 CBM compared to 8,26,904 CBM achieved in FY26
- Net debt-to-equity ratio stood at 1.4x as of FY26 with a promoter holding of 72.81%
Bigbloc Construction Limited announced that its subsidiary, Bigbloc Building Elements Private Limited, received shareholder approval on August 17, 2026, to convert from a private company into a public company. The decision was approved via a Special Resolution at its Annual General Meeting. The conversion is subject to regulatory filings with the Registrar of Companies (RoC) and the issuance of a fresh Certificate of Incorporation. This structural change does not immediately alter the consolidated operational or financial position of the parent company.
- Shareholder approval granted at the AGM held on August 17, 2026.
- Approved conversion of subsidiary Bigbloc Building Elements Private Limited into a Public Company.
- Resolution passed as a Special Resolution with the requisite majority.
- Pending completion of statutory filings with the Registrar of Companies (RoC) for a fresh Certificate of Incorporation.
Bigbloc Construction reported a strong start to FY27 with revenue growing 40% YoY to ₹79 Cr, driven by a 32% increase in sales volumes to 2,21,545 CBM. The company significantly narrowed its net loss to ₹0.70 Cr from ₹6 Cr in the year-ago period, indicating a move toward operational break-even. Capacity utilization for AAC blocks reached 69%, and the company is now focusing on sweating assets after a major capex cycle. Management highlighted that 52% of power requirements are now met through solar energy, aiding cost optimization.
- Revenue from operations increased 40% YoY to approximately ₹79 Cr in Q1 FY27.
- Sales volume reached 2,21,545 cubic meters, representing 32% YoY growth.
- EBITDA improved to ₹6 Cr (8% margin) compared to ₹1 Cr in Q1 FY26.
- Net loss narrowed significantly to ₹0.70 Cr from ₹6 Cr in the previous year.
- Solar energy contributed 52% of the total power requirement during the quarter.
Bigbloc Construction has published the audio recording of its earnings call held on August 10, 2026. This follows a challenging FY26 where the company reported a net loss of Rs 8.5 Cr despite a revenue of Rs 283 Cr. Investors should use this recording to gauge management's outlook on the 13,00,000 CBM per annum capacity utilization and the progress of the new Madhya Pradesh plant. The company is currently trading at a high Price-to-Book ratio of 69.9, making management's commentary on margin recovery critical.
- Earnings call conducted on August 10, 2026, at 12:00 Noon IST
- Current cumulative production capacity stands at 13,00,000 CBM per annum
- TTM Revenue of Rs 283 Cr against a net loss of Rs 8 Cr
- AAC wall panel utilization reached 43% in Q2 FY26
- Promoter holding remains stable at 72.81% as of March 2026
Bigbloc Construction reported a strong 40.2% YoY revenue growth to ₹79.1 Cr for Q1 FY27, driven by a 32% surge in sales volumes to 221,545 CBM. While the company remains in a net loss position of ₹0.7 Cr, this is a significant improvement from the ₹5.0 Cr loss reported in Q1 FY26. EBITDA margins expanded by 566 bps to 7.96%, reflecting better absorption of fixed costs as capacity utilization improved to 69%. The company is benefiting from recent capacity expansions at Wada and its joint venture in Kheda.
- Revenue from operations increased 40.2% YoY to ₹79.1 Cr (₹791 Mn).
- Sales volumes grew 32% YoY to 221,545 CBM, reflecting robust demand for AAC blocks.
- EBITDA margins improved significantly to 7.96% from 2.30% in the same quarter last year.
- Capacity utilization reached approximately 69% in Q1 FY27, up from 53% in Q1 FY26.
- Net loss narrowed to ₹0.7 Cr compared to a loss of ₹5.0 Cr in Q1 FY26.
Bigbloc Construction reported a strong 40.4% YoY growth in consolidated revenue for Q1 FY27, reaching ₹79.15 Cr compared to ₹56.36 Cr in the previous year. The company significantly narrowed its consolidated net loss to ₹0.82 Cr from a loss of ₹4.96 Cr in Q1 FY26, signaling improved operational efficiency. Consolidated capacity utilization improved to 69%, although the Siam Cement JV is currently lagging at 38%. However, the auditor issued a qualified opinion regarding the non-provisioning of employee benefits, which deviates from Ind AS 19.
- Consolidated revenue from operations grew 40.4% YoY to ₹79.15 Cr.
- Net loss for the quarter narrowed to ₹0.82 Cr from ₹4.96 Cr in the same period last year.
- Consolidated capacity utilization reached 69%, with the BBEPL subsidiary performing at 84%.
- The Siam Cement Bigbloc JV reported a lower capacity utilization of 38% for the quarter.
- Auditor flagged a deviation from Ind AS 19 due to non-provisioning for post-employment benefits on an accrual basis.
Bigbloc Construction has scheduled its Q1 FY27 earnings conference call for August 10, 2026, at 12:00 PM IST. The management, including CFO Mohit Saboo and Promoter Manish Saboo, will discuss the financial results for the quarter ended June 30, 2026. This follows a difficult FY26 where the company reported a net loss of ₹8.50 crore on revenue of ₹283.42 crore. Investors will be looking for updates on capacity utilization and the progress of the Madhya Pradesh plant expansion.
- Earnings conference call scheduled for August 10, 2026, at 12:00 PM IST
- Management to discuss Q1 FY27 results and business outlook
- Company reported a net loss of ₹8.50 crore in FY26 vs a profit of ₹3.20 crore in FY25
- Current cumulative production capacity stands at 13,00,000 CBM per annum
- Promoter holding remains steady at 72.81% as of March 2026
Bigbloc Construction Limited has scheduled its 11th Annual General Meeting (AGM) for August 25, 2026, to be conducted via video conferencing. The company has established August 18, 2026, as the cut-off date for determining shareholder eligibility for electronic voting. The register of members and share transfer books will remain closed from August 19 to August 25, 2026. This is a standard regulatory procedure following the conclusion of the financial year.
- 11th Annual General Meeting to be held on August 25, 2026, at 12:00 Noon.
- Cut-off date for e-voting eligibility set for August 18, 2026.
- Book closure period defined from August 19, 2026, to August 25, 2026 (7 days).
- Remote e-voting window open from August 22, 2026 (9:00 AM) to August 24, 2026 (5:00 PM).
Bigbloc Construction has scheduled its 11th Annual General Meeting (AGM) for August 25, 2026. Key agenda items include the re-appointment of CFO Mohit Narayan Saboo and approval for material related party transactions (RPTs) for FY27. The company proposes to lend to related entities at a 12% interest rate, which is higher than its own borrowing cost of 7.75% and the 9% rate charged to non-related parties. These transactions support entities like Bigbloc Building Elements, which had total borrowings of ₹77.00 Cr as of FY26.
- 11th Annual General Meeting scheduled for August 25, 2026, via video conferencing.
- Proposed 12% interest rate on loans to related parties, providing a spread over the company's 7.75% borrowing cost.
- Related party (Bigbloc Building Elements) total borrowings increased to ₹77.00 Cr in FY26 from ₹46.05 Cr in FY24.
- Loans to related parties are unsecured with a 5-year maturity and 'on demand' repayment terms.
- Re-appointment of Mr. Mohit Narayan Saboo as Director is up for shareholder approval.
Bigbloc Construction Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The filing confirms that share certificates received for dematerialization during the quarter ended June 30, 2026, were processed and cancelled by their Registrar, Adroit Corporate Services. The company confirmed that the names of depositories were substituted in the register of members within the mandated 15-day period. This is a routine administrative filing with no impact on the company's financial performance or operations.
- Compliance certificate issued for the quarter ended June 30, 2026
- Dematerialization requests processed and confirmed within 15 days
- Registrar and Share Transfer Agent identified as Adroit Corporate Services Private Limited
- Confirmation that security certificates were mutilated and cancelled after due verification
Bigbloc Construction Limited has announced the closure of its trading window starting July 1, 2026, in compliance with SEBI Insider Trading regulations. This closure is a standard procedure preceding the announcement of the company's un-audited financial results for the quarter ending June 30, 2026. The restriction applies to all designated persons, including directors and key managerial personnel, and will remain in effect until 48 hours after the results are declared. The specific date for the board meeting to approve these results will be disclosed at a later time.
- Trading window closure commences on Wednesday, July 1, 2026.
- Closure is related to the un-audited financial results for the quarter ending June 30, 2026.
- The window will reopen 48 hours after the official financial results are announced.
- Prohibits trading by Employees, Directors, KMPs, and Designated Persons during this period.
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.
