Company Overview

BigBloc Construction Limited is one of the largest manufacturers of AAC (Aerated Autoclave Concrete) blocks in India with total capacity of 1,300,000 m³ per annum. The company markets its AAC blocks under the brand name NXTBLOC, which are positioned as green products for the construction industry. The company has four manufacturing facilities located at Vapi and Ahmedabad (Gujarat), and Palghar and Wada (Maharashtra).

Product Portfolio

  • NXTBLOC: AAC blocks offering strength, lightweight structure, thermal insulation, sound absorption and fire resistance
  • NXTFIX: Semi-premix mortar for jointing and bonding of AAC blocks
  • NXTPLAST: Ready mix plaster for external and internal plastering
  • AAC Wall Panels: Co-branded product under Joint Venture with Siam Cement Group International

Manufacturing Capacity Details

| Location | Products | Capacity (CBM/PA) | Carbon Credit (Units/PA) |

| Kapadvanj | AAC Blocks | 300,000 | 60,000-65,000 |

| Umargoan | AAC Fly Ash Blocks & Sand Based Blocks | 250,000 | 50,000 (registration under process) |

| Ramosadi | AAC Blocks | 500,000 | 50,000-60,000 (Potential) |

| Wada | AAC Blocks & AAC Wall Panels | 250,000 | 50,000-60,000 (Potential) |

Q4 FY26 Financial Performance (INR Millions)

| Metric | Q4 FY26 | Q3 FY26 | Q-o-Q | Q4 FY25 | Y-o-Y |

| Revenue from Operations | 869 | 728 | 19.4% | 646 | 34.5% |

| Operating Expenses | 805 | 647 | 24.4% | 589 | 36.8% |

| EBITDA | 64 | 81 | (21.0)% | 57 | 10.5% |

| EBITDA Margin (%) | 7.36% | 11.13% | (377) bps | 8.82% | (146) bps |

| Depreciation | 41 | 43 | (4.7)% | 40 | 2.5% |

| Finance Cost | 32 | 40 | (20.0)% | 36 | (11.1)% |

| Other Income | 6 | 12 | (50.0)% | 16 | (62.5)% |

| PBT | (3) | 10 | NA | (3) | 0.0% |

| Taxes | 5 | 6 | (16.7)% | 0 | NA |

| PAT | (8) | 4 | NA | (3) | NA |

| PAT Margin (%) | (0.92)% | 0.55% | (147) bps | (0.46)% | (46) bps |

| Diluted EPS (INR) | 0.06 | 0.13 | (53.8)% | 0.07 | (14.3)% |

FY26 Annual Financial Performance (INR Millions)

| Metric | FY26 | FY25 | Y-o-Y |

| Revenue from Operations | 2,834 | 2,246 | 26.2% |

| Operating Expenses | 2,658 | 1,954 | 36.0% |

| EBITDA | 176 | 292 | (39.7)% |

| EBITDA Margin (%) | 6.21% | 13.00% | (679) bps |

| Depreciation | 167 | 145 | 15.2% |

| Finance Cost | 151 | 146 | 3.4% |

| Other Income | 53 | 45 | 17.8% |

| PBT | (89) | 46 | NA |

| Taxes | (4) | 14 | NA |

| PAT | (85) | 32 | NA |

| PAT Margin (%) | (3.00)% | 1.42% | (442) bps |

| Diluted EPS (INR) | (0.12) | 0.68 | NA |

Operational Highlights

  • Sales volumes increased by approximately 20% YoY in Q4 FY26
  • Continued focus on volume-led growth with healthy demand momentum
  • Operational performance impacted by elevated input costs and labor shortages during holiday season
  • Slower adoption of AAC panels limited ability to immediately pass on cost increases to customers
  • Strengthened market presence through new order wins, including bullet train station projects
  • Active engagement with large corporate customers for upcoming opportunities

Balance Sheet Position (INR Millions)

Equity and Liabilities

| Particulars | FY24 | FY25 | FY26 |

| Equity Share Capital | 142 | 283 | 283 |

| Other Equity | 898 | 1,108 | 1,092 |

| Non-Controlling Interest | 45 | 101 | 88 |

| Shareholders Fund | 1,086 | 1,492 | 1,463 |

| Long-term Borrowings | 1,007 | 1,247 | 1,144 |

| Short-term Borrowings | 418 | 634 | 872 |

| Total Equity and Liabilities | 2,936 | 3,779 | 3,885 |

Assets

| Particulars | FY24 | FY25 | FY26 |

| Property, Plant and Equipment | 1,665 | 2,271 | 2,349 |

| Capital WIP | 184 | 115 | 96 |

| Inventories | 161 | 211 | 230 |

| Trade Receivables | 522 | 649 | 667 |

| Total Assets | 2,936 | 3,779 | 3,885 |

Stock Performance Data (As on 31st March, 2026)

  • Face Value: ₹2.0
  • CMP: ₹38.2
  • 52 Week High/Low: ₹80.6 / ₹38.0
  • Market Cap: ₹5,409.6 Million
  • Number of Shares Outstanding: 141.6 Million
  • Average Trading Volume: 217.4 ('000)
  • Average Net Turnover: ₹14.0 Million

Additional Information

The presentation includes standard disclaimer language regarding forward-looking statements and the limitations of the information provided. Valorem Advisors is identified as the Independent Investor Relations Management Service company, with Mr. Anuj Sonpal as the contact person.