Company Overview

BigBloc Construction Limited is one of India's largest manufacturers of AAC (Aerated Autoclave Concrete) blocks with a total capacity of 13,00,000 m³ per annum. The company operates four manufacturing facilities located at Vapi and Ahmedabad (Gujarat), Palghar (Maharashtra), and a joint venture facility in Kheda (Gujarat). Products are marketed under the NXTBLOC brand, which includes AAC blocks, NXTFIX mortar, NXTPLAST ready mix plaster, and AAC wall panels (co-branded with Siam Cement Group International).

Financial Performance H1-FY27

  • Revenue from Operations: ₹1,620 Mn (31.0% increase YoY from ₹1,237 Mn in H1-FY26)
  • EBITDA: ₹96 Mn (EBITDA Margin: 5.93%, improved by 334 basis points from 2.59% in H1-FY26)
  • PAT: ₹(35) Mn (PAT Margin: (2.16)%, improved by 439 basis points from (6.55)% in H1-FY26)
  • Diluted EPS: ₹(0.12) (61.3% improvement from ₹(0.31) in H1-FY26)
  • Operating Expenses: ₹1,524 Mn (26.5% increase YoY)
  • Depreciation: ₹89 Mn (7.2% increase YoY)
  • Finance Cost: ₹79 Mn (unchanged from H1-FY26)
  • Other Income: ₹28 Mn (17.6% decrease from ₹34 Mn in H1-FY26)
  • PBT: ₹(44) Mn (54.2% improvement from ₹(96) Mn in H1-FY26)
  • Taxes: ₹(9) Mn (40.0% improvement from ₹(15) Mn in H1-FY26)

Q2-FY27 Quarterly Performance

  • Revenue from Operations: ₹829 Mn (4.8% QoQ increase from ₹791 Mn; 23.2% YoY increase from ₹673 Mn)
  • EBITDA: ₹33 Mn (47.6% decrease QoQ from ₹63 Mn; 73.7% increase YoY from ₹19 Mn)
  • EBITDA Margin: 3.98% (decreased 398 basis points QoQ; improved 116 basis points YoY)
  • PAT: ₹(27) Mn (worsened from ₹(7) Mn QoQ; improved 15.6% YoY from ₹(32) Mn)
  • PAT Margin: (3.26)% (decreased 238 basis points QoQ; improved 149 basis points YoY)
  • Diluted EPS: ₹(0.13) (compared to ₹0.01 in Q1-FY27 and ₹(0.08) in Q2-FY26)

Operational Highlights

  • Sales volumes: Q2 FY27 grew 13% YoY to 2,25,241 CBM; H1 FY27 increased 22% YoY to 4,46,769 CBM
  • Capacity utilization: Q2 FY27 at 69.34%; H1 FY27 at 68.74%
  • Manufacturing facility utilization rates (H1-FY27):
  • Umargaon, Vapi: 54.04%
  • Kapadvanj, Ahmedabad: 110.52%
  • Wada, Palghar: 71.93%
  • Ramosadi, Kheda (JV): 38.25%
  • Installed 3.5 MW rooftop solar capacity across all manufacturing plants
  • Enhanced automation in boiler operations and material-handling systems
  • Transitioned from rented forklifts to owned fleet of electric forklifts
  • Implemented calibrated pricing approach to address rising raw material costs (lime, coal)

Balance Sheet Position (H1-FY27)

  • Total Equity and Liabilities: ₹3,876 Mn
  • Shareholders Fund: ₹1,430 Mn (including Equity Share Capital of ₹283 Mn and Other Equity of ₹1,076 Mn)
  • Non-Current Liabilities: ₹1,130 Mn (including Long-term Borrowings of ₹1,116 Mn)
  • Current Liabilities: ₹1,316 Mn (including Short-term Borrowings of ₹910 Mn and Trade Payables of ₹321 Mn)
  • Total Assets: ₹3,876 Mn
  • Non-Current Assets: ₹2,533 Mn (including Property, Plant and Equipment of ₹2,375 Mn)
  • Current Assets: ₹1,343 Mn (including Inventories of ₹240 Mn and Trade Receivables of ₹703 Mn)

Stock Performance (As on 30th September, 2026)

  • Face Value: ₹2.0
  • CMP: ₹39.4
  • 52 Week High/Low: ₹80.0/₹37.9
  • Market Capitalization: ₹5,590.8 Mn
  • Number of Shares Outstanding: 141.6 Mn
  • Average Trading Volume: 172.5k
  • Average Net Turnover: ₹11.3 Mn

Forward-Looking Statements Disclaimer

The presentation contains forward-looking statements based on management's current beliefs and assumptions. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. The company disclaims any obligation to update these forward-looking statements.