Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year ended September 30, 2026 (Q2 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Standalone & Consolidated Financial Results

Audit Opinion:

Qualified Limited Review Report - Exception noted regarding accounting treatment of employee benefits

Key Financial Highlights [₹ in Lakhs]

Standalone Results:

Quarter Ended September 30, 2026:

  • Revenue From Operations: 2,104.14 (vs 2,006.10 in Q2 FY26, +4.9% YoY; vs 2,156.66 in Q1 FY27, -2.4% QoQ)
  • Other Income: 126.17
  • Total Income: 2,230.32
  • Net Profit/(Loss): (285.45) (vs (162.05) in Q2 FY26, deteriorated; vs (164.31) in Q1 FY27, deteriorated)
  • EPS: (0.20) basic and diluted

Half Year Ended September 30, 2026:

  • Revenue From Operations: 4,260.80 (vs 3,883.29 in H1 FY26, +9.7% YoY)
  • Other Income: 234.10
  • Total Income: 4,494.90
  • Net Profit/(Loss): (449.76) (vs (341.74) in H1 FY26, deteriorated)
  • EPS: (0.32) basic and diluted

Balance Sheet (Standalone) as of September 30, 2026:

  • Property, Plant and Equipment: 5,645.27
  • Cash & Cash Equivalents: 11.91
  • Other Bank Balances: 1.30
  • Total Equity: 4,351.39
  • Borrowings (Non-current): 4,124.20
  • Borrowings (Current): 3,333.87
  • Total Liabilities: 10,131.28

Consolidated Results:

Quarter Ended September 30, 2026:

  • Revenue From Operations: 8,286.07 (vs 6,731.89 in Q2 FY26, +23.1% YoY; vs 7,914.93 in Q1 FY27, +4.7% QoQ)
  • Other Income: 151.61
  • Total Income: 8,437.68
  • Net Profit/(Loss): (274.91) (vs (315.11) in Q2 FY26, improved; vs (71.95) in Q1 FY27, deteriorated)
  • EPS: (0.13) basic and diluted
  • Net Profit attributable to Owners of the Company: (190.32)
  • Net Profit attributable to Non-Controlling Interest: (84.59)

Half Year Ended September 30, 2026:

  • Revenue From Operations: 16,200.99 (vs 12,367.43 in H1 FY26, +31.0% YoY)
  • Other Income: 283.03
  • Total Income: 16,484.02
  • Net Profit/(Loss): (346.86) (vs (811.28) in H1 FY26, improved)
  • EPS: (0.12) basic and diluted
  • Net Profit attributable to Owners of the Company: (174.57)
  • Net Profit attributable to Non-Controlling Interest: (172.28)

Balance Sheet (Consolidated) as of September 30, 2026:

  • Property, Plant and Equipment: 23,750.47
  • Cash & Cash Equivalents: 34.95
  • Other Bank Balances: 16.09
  • Total Equity: 14,299.46 (including Non-Controlling Interest of 710.12)
  • Borrowings (Non-current): 11,164.00
  • Borrowings (Current): 9,100.42
  • Total Liabilities: 24,464.64

Segment-wise Performance:

The Company has only one segment (Building materials), therefore segment reporting is not applicable.

Corporate Actions:

Not Specified

Other Significant Information:

  • Standalone capacity utilization for Q2 FY27 was around 50%
  • Consolidated capacity utilization for Q2 FY27 was around 69%
  • Bigbloc Building Elements Limited capacity utilization: 88%
  • SIAM Cement Bigbloc Construction Technologies Private Limited capacity utilization: 38%
  • During the quarter, prices of key raw materials (including lime and coal) increased due to geopolitical developments and supply-side constraints
  • Monsoon temporarily impacted business activity and demand
  • Company adopted a calibrated pricing approach to balance cost pressures with market competitiveness
  • Management focus going forward: volume growth, capacity utilization, operational efficiencies, disciplined cost management, and phased price revisions