BIGBLOC Construction Ltd
Bigbloc Construction Limited was incorporated in 2015. The company is primarily engaged in manufacture, sale and marketing of AAC (Aerated Autoclaved Concrete) Blocks. These AAC Blocks of the company are marketed in the Brand name of NXTBLOC. The company has its headquarters in Surat. [1][2]
- Market Cap ₹ 1,295 Cr.
- Current Price ₹ 91.5
- High / Low ₹ 148 / 83.5
- Stock P/E 63.2
- Book Value ₹ 9.34
- Dividend Yield 0.43 %
- ROCE 24.0 %
- ROE 34.2 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 88.7% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 40.6%
Cons
- Stock is trading at 9.93 times its book value
- Company might be capitalizing the interest cost
- Debtor days have increased from 63.3 to 78.3 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Cement - Products Industry: Cement Products
Part of BSE SmallCap BSE Allcap BSE Commodities
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|
100 | 119 | 103 | 175 | 200 | 243 | 233 | |
93 | 108 | 91 | 148 | 150 | 187 | 187 | |
Operating Profit | 7 | 10 | 12 | 27 | 51 | 56 | 46 |
OPM % | 7% | 9% | 12% | 15% | 25% | 23% | 20% |
0 | 0 | 0 | 1 | 0 | 4 | 6 | |
Interest | 4 | 4 | 4 | 4 | 4 | 9 | 11 |
Depreciation | 4 | 5 | 5 | 6 | 6 | 10 | 12 |
Profit before tax | -1 | 1 | 3 | 18 | 41 | 41 | 29 |
Tax % | 53% | -69% | 8% | 11% | 26% | 25% | |
-1 | 2 | 2 | 16 | 30 | 31 | 20 | |
EPS in Rs | -0.10 | 0.17 | 0.17 | 1.14 | 2.14 | 2.18 | 1.68 |
Dividend Payout % | 0% | 14% | 14% | 13% | 9% | 9% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 19% |
3 Years: | 33% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 89% |
3 Years: | 131% |
TTM: | -23% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 91% |
3 Years: | 39% |
1 Year: | 1% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 33% |
3 Years: | 41% |
Last Year: | 34% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 28 |
Reserves | 13 | 16 | 18 | 33 | 61 | 90 | 104 |
52 | 54 | 61 | 43 | 87 | 143 | 170 | |
22 | 22 | 21 | 24 | 36 | 47 | 44 | |
Total Liabilities | 102 | 106 | 114 | 114 | 199 | 294 | 346 |
64 | 68 | 71 | 70 | 86 | 172 | 208 | |
CWIP | 0 | 0 | 0 | 0 | 41 | 18 | 16 |
Investments | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
38 | 38 | 43 | 43 | 72 | 102 | 121 | |
Total Assets | 102 | 106 | 114 | 114 | 199 | 294 | 346 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
4 | 6 | 4 | 24 | 32 | 20 | |
2 | -8 | -10 | -5 | -73 | -67 | |
-8 | 2 | 6 | -19 | 41 | 47 | |
Net Cash Flow | -1 | -0 | 0 | -0 | 0 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 90 | 75 | 85 | 55 | 57 | 78 |
Inventory Days | 66 | 51 | 75 | 31 | 57 | 66 |
Days Payable | 137 | 128 | 137 | 80 | 92 | 98 |
Cash Conversion Cycle | 20 | -2 | 23 | 6 | 21 | 47 |
Working Capital Days | 38 | 48 | 85 | 44 | 65 | 89 |
ROCE % | 7% | 8% | 24% | 36% | 24% |
Documents
Announcements
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Jan
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Closure of Trading Window
27 Dec - Closure of trading window until financial results declaration.
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Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015- Subsidiary Updates
23 Dec - Subsidiary secures work order worth Rs. 4.5 Crores.
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Disclosure Under Regulation 29(2) Of The Securities & Exchange Board Of India (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011
19 Dec - Disclosure of acquisition of 50,000 equity shares.
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Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 ('Listing Regulations')
18 Dec - Company received demand notice for stamp duty payment.
Annual reports
Concalls
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Product Profile
The company manufactures building blocks and AAC (Aerated Autoclave Concrete) Bricks. [1] AAC blocks are building materials that offer low weight, thermal insulation, sound absorption, fire resistance, and building capability. AAC is a natural and non-toxic construction material, that saves energy and is eco-friendly. [2] Being lightweight, it reduces the dead weight of buildings, leading to a reduction in steel (~27%) and cement (~20%) structural costs. The larger size of AAC blocks - 8-10 times that of clay bricks - results in fewer joints and up to 66% savings in mortar. [3]