StockWatch
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Bigbloc Construction Ltd

BSE: 540061

P/L Snapshot

Q1 FY27 · standalone

vs Q4 FY26·vs Q1 FY26
Revenue
22.65
-19.0%+11.1%
Expenditure
24.84
-14.2%+9.9%
Net Profit
-1.64
-127.5%+8.6%
OPM %
-1.62%
-5.98pp+0.38pp

Shareholding

Pattern breakdown

P/L Trends

(in crores)

RevenueExpenditureNet Profit
-7.682.4512.5922.7232.86Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Price Chart
Reports

Capacity ramp is real, profitability recovery is hedged

AAC blocks · capacity utilization · profitability inflection

Result verdictFollow-upQ1 FY2713 Aug 20266 minIndustrials & Infra

Capacity ramp inflecting, profitability still elusive—price hikes untested

capacity utilization · operating leverage · price hikes

TranscriptDeep diveQ1 FY2713 Aug 20266 minIndustrials & Infra

Bigbloc: consolidated loss narrows 86% YoY as OPM triples; owners' PAT turns positive

building materials · aac blocks · margin expansion

ResultsQ1 FY2707 Aug 20263 minIndustrials & Infra
Latest
Quarterly Result7 Aug, 3:56 pm

Bigbloc: consolidated loss narrows 86% YoY as OPM triples; owners' PAT turns positive

Bigbloc Construction's consolidated (group, primary basis) revenue for Q1 FY27 was Rs79.15 Cr, up 40.5% YoY from Rs56.36 Cr but down 8.9% sequentially from Rs86.93 Cr in Q4 FY26 - a typical Q1 dip for a construction-materials business. The consolidated net loss narrowed sharply to Rs0.72 Cr from Rs4.96 Cr a year ago (an 86% reduction) and improved modestly from Rs0.82 Cr last quarter. There were no exceptional items in either period, so the improvement is purely operational. Notably, the Rs0.16 Cr profit attributable to Bigbloc's own shareholders turned positive for the first time in recent quarters (EPS Rs0.01), even though the consolidated total stayed in the red - the gap is a Rs0.88 Cr loss attributed to non-controlling interests, chiefly the 52%-held Siam Cement Bigbloc Construction Technologies subsidiary, which ran at just 38% capacity utilisation versus 84% at the fully-owned-line BBEPL subsidiary and 69% for the group overall (only 59% at the standalone parent, whose own loss of Rs1.64 Cr on Rs21.57 Cr revenue was deeper than the consolidated figure). Margins expanded on both counts: operating margin rose to 7.93% from 2.29% a year ago and 7.31% last quarter, while net margin improved to -0.89% from -8.63% YoY, roughly flat sequentially versus -0.93% in Q4 FY26. This direction matches what management laid out on the Q4 FY26 call - a 10-14 percentage-point capacity-utilisation gain and 10-20% volume growth for FY27, margin realisation via higher-margin AAC panels (30-45% EBITDA) and construction chemicals (25-30% EBITDA) over the next two to three quarters, and an overall return to profitability in FY27. Q1's 40.5% YoY revenue growth runs ahead of the guided volume range, and the margin expansion and loss-narrowing are consistent with that guidance, though the group has not yet delivered full profitability at the total level. No quarter-specific street/brokerage consensus for Bigbloc was found in a web search - analyst coverage is thin for a company this size - so vs-street is unknown; a single third-party estimate (not quarter-specific) pegs FY27 PAT growth at 15-20%, which Q1's trend does not contradict but does not confirm either. Auditors flagged, on both the standalone and consolidated statements, that the company has not provided for post-employment and other long-term employee benefits under Ind AS 19 for the quarter, with the resulting profit overstatement unquantified in the absence of an actuarial report.

7 Aug 2026, 03:56 pm

Corporate Events

Board MeetingBIGBLOC
2026
25Aug

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2026
7Aug

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2026
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14Nov

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2024
13Sep

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allotment of fully paid-up bonus equity shares, Any other bu…

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2024
12Sep

1:1

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13Aug

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19Jul

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Consideration and approval of various business items

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2024
1Feb

₹0.2 / share

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23Jan

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2023
8Nov

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2023
31Oct

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2023
16Sep

₹0.4 / share

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2023
29Aug

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Agenda of the meeting: Consider and recommend for giving loa…

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