Bigbloc Construction LimitedQ1 FY27 Results & Financial Update
Bigbloc Construction Limited: Q1 FY27 consolidated results and company financials – revenue ₹79.15 Cr, PAT ₹-0.72 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
Quarter at a glanceCurrent reported figures.Change figures appear when a comparable reported period is available.
Find an answer
Ask this result
Chart · Market context
Bigbloc Construction price & chart
Market priceLoading…
1Y return—Price return
Loading market chart…
TradingView Lightweight Charts™ · Copyright © 2025 TradingView, Inc.TradingView
Market chartPrice chart temporarily unavailableThe price chart could not be loaded right now. The reported financial results remain available above.
Spotted a factual error?Tell us the number, date or statement and we will re-check the underlying records and calculations.Report an error
Quarterly Results AnalysisExplore Bigbloc Construction Q1 FY27 quarterly results and earnings: revenue, profit (PAT), EBITDA, margins, YoY and QoQ growth, order book or business updates where reported, financial performance and management commentary. Reported figures and Nivata calculations are shown separately; no buy, sell or hold recommendation is provided.
Quarter overview
Quarterly earnings analysis
BigBloc Construction Limited recorded consolidated revenue from operations of INR 79.1493 crore (INR 791 million) for the quarter ended 30 June 2026 (Q1 FY27). Total income for the quarter stood at INR 80.4635 crore, which includes other income of INR 1.3142 crore.
During the quarter, the company registered a consolidated profit before tax (PBT) of negative INR 0.7184 crore and a net profit after tax (PAT) of negative INR 0.7195 crore, resulting in a net loss margin of 0.91 percent. Diluted earnings per share (EPS) for Q1 FY27 stood at INR 0.01.
On an operational basis, the investor presentation indicates quarterly EBITDA of INR 6.3 crore (INR 63 million) and an EBITDA margin of 7.96 percent for Q1 FY27, showing sequential expansion from FY26 levels of 6.21 percent.
Fixed cost burdens remained prominent during the period, with depreciation and amortization expense reported at INR 4.4171 crore and finance costs at INR 3.8928 crore, exerting downward pressure on bottom-line profitability.
Sales volumes during Q1 FY27 reached 2,21,545 CBM across aggregate block lines, while AAC wall panel revenue contributed INR 30 million (INR 3 crore) from a volume of 1,985 CBM.
The company maintains a direct developer relationship team covering over 50 percent of the top seven real estate developers in Mumbai, supporting project sales for large-scale residential and commercial complexes such as Lodha Palava.
Sustainability initiatives continued to underpin operational positioning, with the company utilizing industrial by-product fly ash for block manufacturing and maintaining solar power capacity of 2,375 kW across its operating units.
01 · Business model
What does Bigbloc Construction do?
BigBloc Construction Limited is one of India's largest manufacturers of Aerated Autoclaved Concrete (AAC) blocks and related building materials, operating a total installed manufacturing capacity of 13,00,000 cubic meters per annum (cbm p.a.).
The company markets its AAC blocks under the flagship brand 'NXTBLOC', which provides a lightweight, thermal-insulating, sound-proof, and fire-resistant structural alternative to conventional red clay bricks.
BigBloc operates four state-of-the-art manufacturing facilities located in Vapi and Ahmedabad (Gujarat) and Palghar (Maharashtra), alongside a joint-venture facility at Ramosadi (Kheda, Gujarat) with Siam Cement Group (SCG) International Corporation Company Ltd.
Beyond core AAC blocks, the product portfolio includes AAC wall panels sold under the ZMARTBUILD WALL brand, construction chemicals such as NXTFIX semi-premix jointing mortar and NXTPLAST ready-mix cement plaster, with upcoming product lines including NXTGRIP tile adhesive.
02 · Historical context
What shaped the business before this quarter
Previously, BigBloc commenced its first AAC block manufacturing unit in 2010 before selling it to the Thapar Group in 2011, subsequently demerging its AAC business from Mohit Industries Ltd. in 2015.
In 2019, the company acquired a sick unit, Starbigbloc Building Material Pvt. Ltd., as a wholly-owned subsidiary and commenced AAC block production with 2,00,000 cbm p.a. capacity at Kapadvanj near Ahmedabad.
In 2021, BigBloc entered into a strategic joint venture with Thailand's Siam Cement Group (SCG), holding a 52 percent stake alongside SCG's 48 percent shareholding.
During 2024, the company started operations at the SCG joint venture plant at Ramosadi and commercialized Phase 2 of its Wada plant in Palghar, taking total aggregate manufacturing capacity to 13,00,000 cbm p.a.
In 2025, the company acquired 57,500 square meters of land in Madhya Pradesh to expand its footprint into Central India and formally ventured into the manufacturing of construction chemicals.
03 · Financial snapshot
Current-quarter financial snapshot
| Metric | Q1 FY27 |
|---|---|
| Revenue from operations | ₹79.15 Cr |
| Total income | ₹80.46 Cr |
| Profit before tax | ₹-0.72 Cr |
| Profit after tax | ₹-0.72 Cr |
| EPS | ₹0.01 |
04 · Why it moved
Why the quarter looked the way it did
What drove revenue
AAC block sales volume reached 2,19,560 CBM in Q1 FY27, generating INR 761 million in segment revenue.
AAC wall panel operations generated INR 30 million in revenue during Q1 FY27 from a total sales volume of 1,985 CBM.
Revenue is diversified across dealers, builders, contractors, industrial clients, and corporate real estate developers, supported by direct marketing and institutional supply arrangements.
What drove margins
Consolidated EBITDA margin for Q1 FY27 recovered to 7.96 percent (INR 63 million), compared to 6.21 percent for the full year FY26.
Bottom-line profitability was constrained by fixed operating overheads, including quarterly depreciation of INR 4.4171 crore and finance costs of INR 3.8928 crore.
Utilization of industrial waste fly ash (constituting approximately 65 percent of raw material by weight) helps optimize input costs while supporting green building standards.
05 · Demand, customers & order book
Where demand is coming from
Trusted by over 100 marquee real estate developers, including Lodha, Adani Realty, Prestige, Sunteck, Piramal Realty, Oberoi Realty, and Godrej Properties.
Supported by over 2,000 completed projects and an active project pipeline exceeding 1,500 projects across residential, commercial, and hospitality segments.
06 · Segments, products & geography
Which parts of the business are doing the work
Segments and products
Maintains an aggregate installed capacity of 10,50,000 CBM p.a. across manufacturing plants at Umargaon, Kapadvanj, and Wada.
Operated through the ZMARTBUILD WALL joint venture with SCG International at Ramosadi, Kheda, with an installed capacity of 2,50,000 CBM p.a., producing reinforced wall panels up to 6 meters in length.
Geography and market mix
Operations span four primary manufacturing locations across Gujarat (Umargaon, Kapadvanj, Ramosadi) and Maharashtra (Wada, Palghar).
The company maintains a supply chain across 9 cities in 4 states, servicing urban consumption centers within economic trucking radii.
07 · Capacity, projects & execution
What is being built, commissioned or delivered
Capacity, production and utilisation
Aggregate manufacturing capacity stands at 13,00,000 CBM per annum across all operating units and joint ventures.
Automated manufacturing processes and quality controls enable the company to maintain production rejection rates below 2 percent.
Projects, capex and execution
Acquisition of 57,500 square meters of land in Madhya Pradesh intended for greenfield expansion to scale the AAC blocks business across Central India.
08 · Strategy & new businesses
How the company is trying to change its growth mix
Transitioning from a single-product AAC block manufacturer into a comprehensive building materials solutions provider through wall panels and construction chemicals.
Positioned as the first AAC manufacturer in India to generate carbon credits, leveraging energy-efficient production methods and 2,375 kW of installed solar capacity.
09 · Reported developments
What changed operationally
Quarterly EBITDA margin strengthened to 7.96 percent in Q1 FY27 from 6.21 percent in FY26.
Maintains direct relationships with over 50 percent of the top 7 developers in Mumbai for large-scale project supply.
10 · Pressure points & risks
What is not going smoothly
The company reported a consolidated net loss after tax of INR 0.7195 crore for Q1 FY27, weighed down by finance costs and depreciation charges.
11 · Cash flow & balance sheet
Profit is one thing. Cash and funding tell another part of the story.
The company maintains an average working capital operating cycle of approximately 2 months.
Capital allocation & funding
The investor presentation reports a net debt-to-equity ratio of 1.4x as of the reporting period.
12 · Beyond the numbers
What changed beyond the numbers
Reported update
Sustainability and Environmental Metrics
AAC blocks generated by the company produce approximately 2.13 kg of CO2 per square foot and hold potential for 1.5 to 2.0 lakh annual carbon credits.
13 · Key Q&A
The quarter, answered directly
What does Bigbloc Construction do?
BigBloc Construction Limited is one of India's largest manufacturers of Aerated Autoclaved Concrete (AAC) blocks and related building materials, operating a total installed manufacturing capacity of 13,00,000 cubic meters per annum (cbm p.a.).
What is the clearest takeaway from Q1 FY27?
BigBloc Construction Limited recorded consolidated revenue from operations of INR 79.1493 crore (INR 791 million) for the quarter ended 30 June 2026 (Q1 FY27). Total income for the quarter stood at INR 80.4635 crore, which includes other income of INR 1.3142 crore.
What drove revenue or demand?
AAC block sales volume reached 2,19,560 CBM in Q1 FY27, generating INR 761 million in segment revenue.
What mattered most for margins or profitability?
Consolidated EBITDA margin for Q1 FY27 recovered to 7.96 percent (INR 63 million), compared to 6.21 percent for the full year FY26.
What changed operationally beyond the headline numbers?
Aggregate manufacturing capacity stands at 13,00,000 CBM per annum across all operating units and joint ventures.
What are the main pressure points disclosed for the quarter?
The company reported a consolidated net loss after tax of INR 0.7195 crore for Q1 FY27, weighed down by finance costs and depreciation charges.
14 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
Starting point
Build your own next-quarter scenario
Reported values are prefilled where a comparable basis is available. Otherwise, the field starts at 0. You can overwrite every field.
Example: enter 10 for 10% revenue growth. Enter -100 for a 1 percentage-point margin decline.
Scenario output
Scenario revenue / income₹0 cr
Scenario profit after tax₹0 cr
Profit change vs base₹0 cr (0%)
Scenario margin0%
Growth needed to keep profit flat after this margin move0%
The calculator holds the selected margin basis constant except for the basis-point adjustment you enter. It does not estimate tax, finance cost, dilution, working capital, valuation or share price.
15 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Greenfield Execution in Central India: Monitor project execution milestones and capital expenditure progress on the 57,500 sq. mt. land parcel acquired in Madhya Pradesh.
- 02
Bottom-Line Turnaround: Track sequential progress in net profitability against fixed finance and depreciation cost overhangs.
- 03
Wall Panel and Chemical Scaling: Observe volume expansion and capacity utilization trends in the ZMARTBUILD WALL joint venture and construction chemical portfolios.
Learn the metrics
Need the concepts first?
Use Nivata’s plain-English guides to understand the accounting terms used in this brief before interpreting them.