BIGBLOC Construction Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹502 Cr
- P/E
- 299.06
- ROE
- -1.25%
- Price to sales
- 1.65
- Debt to equity
- 1.47
- 52W high / low
- ₹78.0 / ₹33.8
- Sales growth (5Y)
- 22.44%
- EBITDA margin
- 7.37%
- Net profit margin
- -2.95%
- Promoter holding
- 72.81%
- Sales (last year)
- ₹306 Cr
Guidance scorecard · Q1 FY27 call
What BIGBLOC Construction Ltd's management guided
RevenueQ1 FY27 call
20–40%- The company is entering a new growth phase with a focus on volume growth, improved utilization, and margin expansion.
- Q1 FY’27 showed strong revenue growth of approximately 40% YoY, driven by higher sales volume.
- Capacity utilization has improved to around 69-70%, with a target to reach 75%+ soon, which will enhance operating leverage and profitability.
- Management expects sustained volume growth in upcoming quarters, with Q3 and Q4 typically being peak seasons.
- Price increases are planned in various markets to improve margins without significant volume loss.
- Expansion into new markets (e.g., Madhya Pradesh) by setting up new plants to overcome logistics limitations and increase market penetration.
2 more points from BIGBLOC Construction Ltd's call on revenue
Create a free account to keep reading this call
MarginsQ1 FY27 call
Up 2%+See what BIGBLOC Construction Ltd said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- The company has completed a major capacity expansion phase over the last two years and is now focusing on improving capacity utilization rather than immediate further expansion.
- Land has been acquired in Madhya Pradesh (MP) about 15-16 months ago for setting up a new plant to target the MP market.
- Construction of the new MP plant is expected to begin post-monsoon, with commercial production targeted for FY'28.
- The decision to commence construction was delayed due to previous lower capacity utilization but now with utilization around 69-70%, the company is moving ahead with this plan.
- The new plant will enable better market penetration since AAC blocks are economically viable only within 250-300 km from the manufacturing site.
2 more points from BIGBLOC Construction Ltd's call on capex
Create a free account to keep reading this call
FundraisingQ1 FY27 call
See what BIGBLOC Construction Ltd said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
- It indicates ongoing and upcoming projects such as supply of AAC wall panels for bullet train stations on the Mumbai-Ahmedabad route, with active execution of two stations and discussions for more.
- The company is also focusing on expanding capacity and entering the Madhya Pradesh (MP) market where government tenders mandate AAC block usage, suggesting an expected increase in orders from that region.
- Management expresses confidence in improving volumes and margins with the current market presence and capacity ramp-up.
Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
This quarter's potential multibaggers
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Financials of BIGBLOC Construction Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of BIGBLOC Construction Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 46.55 | 54.87 | 58.90 | 61.49 | 67.95 | 51.57 | 51.66 | 56.82 | 64.59 | 56.36 | 67.32 | 72.81 | 86.93 |
| Expenses + | 35.94 | 42.23 | 44.04 | 45.39 | 55.40 | 41.93 | 43.99 | 50.71 | 58.84 | 55.06 | 65.43 | 64.75 | 80.58 |
| Operating Profit | 10.61 | 12.64 | 14.86 | 16.10 | 12.55 | 9.64 | 7.67 | 6.11 | 5.75 | 1.30 | 1.89 | 8.06 | 6.35 |
| OPM % | 22.79% | 23.04% | 25.23% | 26.18% | 18.47% | 18.69% | 14.85% | 10.75% | 8.90% | 2.31% | 2.81% | 11.07% | 7.30% |
| Other Income + | 0.69 | 0.07 | 0.22 | 0.03 | 3.82 | 0.69 | 1.04 | 1.16 | 1.56 | 1.15 | 2.20 | 1.26 | 0.71 |
| Interest | 1.27 | 2.18 | 2.25 | 2.07 | 2.35 | 2.91 | 3.58 | 4.50 | 3.58 | 4.26 | 3.62 | 4.02 | 3.19 |
| Depreciation | 1.60 | 2.36 | 2.59 | 2.68 | 2.72 | 3.09 | 3.25 | 4.11 | 4.04 | 4.11 | 4.17 | 4.30 | 4.13 |
| Profit before tax | 8.43 | 8.17 | 10.24 | 11.38 | 11.30 | 4.33 | 1.88 | -1.34 | -0.31 | -5.92 | -3.70 | 1.00 | -0.26 |
| Tax % | 34.05% | 27.91% | 26.66% | 24.34% | 23.54% | 30.02% | 89.89% | -121.64% | 0.00% | -16.39% | -14.86% | 54.00% | 219.23% |
| Net Profit + | 5.56 | 5.90 | 7.52 | 8.62 | 8.65 | 3.03 | 0.19 | 0.29 | -0.31 | -4.96 | -3.15 | 0.44 | -0.83 |
| EPS in Rs | 0.40 | 0.43 | 0.53 | 0.61 | 0.61 | 0.31 | 0.15 | 0.15 | 0.07 | -0.23 | -0.08 | 0.13 | 0.06 |
Financials of BIGBLOC Construction Ltd
Profit & Loss
Annual income statement trend
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales + | 100 | 119 | 103 | 175 | 200 | 243 | 224 | 283 |
| Expenses + | 93 | 108 | 91 | 148 | 150 | 187 | 195 | 266 |
| Operating Profit | 7 | 10 | 12 | 27 | 51 | 56 | 30 | 18 |
| OPM % | 7% | 9% | 12% | 16% | 25% | 23% | 13% | 6% |
| Other Income + | 0 | 0 | 0 | 1 | 0 | 4 | 4 | 5 |
| Interest | 4 | 4 | 4 | 4 | 4 | 9 | 15 | 15 |
| Depreciation | 4 | 5 | 5 | 6 | 6 | 10 | 14 | 17 |
| Profit before tax | -1 | 1 | 3 | 18 | 41 | 41 | 5 | -9 |
| Tax % | 53% | -69% | 8% | 11% | 26% | 25% | 30% | -4% |
| Net Profit + | -1 | 2 | 2 | 16 | 30 | 31 | 3 | -8 |
| EPS in Rs | -0.10 | 0.17 | 0.17 | 1.14 | 2.14 | 2.18 | 0.68 | -0.12 |
| Dividend Payout % | 0% | 14% | 14% | 13% | 9% | 9% | 0% | 0% |
Financials of BIGBLOC Construction Ltd
Balance Sheet
Capital structure and asset base
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 28 | 28 |
| Reserves | 13 | 16 | 18 | 33 | 61 | 90 | 107 | 109 |
| Borrowings + | 52 | 54 | 61 | 43 | 87 | 143 | 188 | 202 |
| Other Liabilities + | 22 | 22 | 21 | 24 | 36 | 47 | 54 | 49 |
| Total Liabilities | 102 | 106 | 114 | 114 | 199 | 294 | 378 | 389 |
| Fixed Assets + | 64 | 68 | 71 | 70 | 86 | 172 | 233 | 241 |
| CWIP | 0 | 0 | 0 | 0 | 41 | 18 | 12 | 10 |
| Investments | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Other Assets + | 38 | 38 | 43 | 43 | 72 | 102 | 133 | 138 |
| Total Assets | 102 | 106 | 114 | 114 | 199 | 294 | 378 | 389 |
Financials of BIGBLOC Construction Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 4 | 6 | 4 | 24 | 32 | 19 | 13 | |
| Cash from Investing Activity + | 2 | -8 | -10 | -5 | -73 | -66 | -81 | |
| Cash from Financing Activity + | -8 | 2 | 6 | -19 | 41 | 47 | 68 | |
| Net Cash Flow | -1 | -0 | 0 | -0 | 0 | 0 | 1 | |
| Free Cash Flow | -0 | -3 | -4 | 19 | -31 | -55 | -56 | |
| CFO/OP | 95% | 65% | 34% | 95% | 77% | 49% | 77% |
Financials of BIGBLOC Construction Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 90 | 75 | 85 | 55 | 57 | 78 | 106 | 86 |
| Inventory Days | 66 | 51 | 75 | 31 | 57 | 66 | 85 | 66 |
| Days Payable | 137 | 128 | 137 | 80 | 92 | 98 | 118 | 89 |
| Cash Conversion Cycle | 20 | -2 | 23 | 6 | 21 | 47 | 73 | 64 |
| Working Capital Days | -60 | -26 | -1 | 18 | 24 | 26 | 32 | 4 |
| ROCE % | 7% | 8% | 24% | 36% | 24% | 7% | 2% |
Guidance history
How BIGBLOC Construction Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 20–40% | Up 2%+ | Planned | — | — |
| Q4 FY26 call → | 10–20% | Up 2%+ | Planned | — | — |
| Q3 FY26 call → | 20–40% | Up 2%+ | Planned | — | Flat |
| Q2 FY26 call → | 10–20% | Flat | Planned | — | — |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
8 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −30.9% | 22% |
| Last 6 months | −26.6% | 11% |
| Last 3 months | −21.8% | 13% |
The price is 74.6% below its all-time high of ₹139.82 (12 Jul 2024). Stocks more than 20% below their peak have their score halved, so 15 became 8.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For BIGBLOC Construction Ltd: 0.4 × 22 + 0.4 × 11 + 0.2 × 13 = 15, halved to 8 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.