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 ₹ 1,949 Cr.
- Current Price ₹ 275
- High / Low ₹ 295 / 138
- Stock P/E 63.5
- Book Value ₹ 14.7
- Dividend Yield 0.29 %
- 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 18.7 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
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 | |
---|---|---|---|---|---|---|
100 | 119 | 103 | 175 | 200 | 243 | |
93 | 108 | 91 | 148 | 150 | 187 | |
Operating Profit | 7 | 10 | 12 | 27 | 51 | 56 |
OPM % | 7% | 9% | 12% | 15% | 25% | 23% |
0 | 0 | 0 | 1 | 0 | 4 | |
Interest | 4 | 4 | 4 | 4 | 4 | 9 |
Depreciation | 4 | 5 | 5 | 6 | 6 | 10 |
Profit before tax | -1 | 1 | 3 | 18 | 41 | 41 |
Tax % | 53% | -69% | 8% | 11% | 26% | 25% |
-1 | 2 | 2 | 16 | 30 | 31 | |
EPS in Rs | -0.20 | 0.35 | 0.35 | 2.27 | 4.28 | 4.37 |
Dividend Payout % | 0% | 14% | 14% | 13% | 9% | 9% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 19% |
3 Years: | 33% |
TTM: | 22% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 89% |
3 Years: | 131% |
TTM: | 0% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 121% |
3 Years: | 136% |
1 Year: | 89% |
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 | |
---|---|---|---|---|---|---|
Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 |
Reserves | 11 | 16 | 18 | 33 | 61 | 90 |
52 | 54 | 61 | 43 | 87 | 143 | |
25 | 22 | 21 | 24 | 36 | 47 | |
Total Liabilities | 102 | 106 | 114 | 114 | 199 | 294 |
64 | 68 | 71 | 70 | 86 | 172 | |
CWIP | 0 | 0 | 0 | 0 | 41 | 18 |
Investments | 0 | 0 | 0 | 0 | 0 | 1 |
38 | 38 | 43 | 43 | 72 | 102 | |
Total Assets | 102 | 106 | 114 | 114 | 199 | 294 |
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 | 28 | 20 | |
2 | -8 | -10 | -5 | -73 | -67 | |
-8 | 2 | 6 | -19 | 45 | 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 | 93 | 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
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 2d
- Book Closure: From Friday, August 23, 2024 To Thursday, August 29, 2024 For Annual General Meeting To Be Held On August 29, 2024. 2d
- The Company Fixed The Record As August 02, 2024 For The Purpose Of Final Dividend For The Financial Year 2023-2024 To Be Determined At Ensuing Annual General Meeting To Be Held On August 29, 2024 2d
- Board Meeting Outcome for Outcome Of The Board Meeting Held On July 19, 2024 Which Was Adjourned To July 22, 2024. 2d
- Board Meeting Intimation for Adjournment Of Board Meeting On Monday, July 22, 2024 19 Jul
Annual reports
Concalls
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May 2024Transcript PPT REC
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May 2024TranscriptNotesPPT
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Feb 2024Transcript PPT
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Jan 2024TranscriptNotesPPT
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Nov 2023Transcript PPT REC
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Oct 2023TranscriptNotesPPT
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Aug 2023Transcript PPT REC
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Aug 2023TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
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Jun 2023Transcript PPT
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May 2023TranscriptNotesPPT
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Mar 2023Transcript PPT
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Jan 2023TranscriptNotesPPT
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Nov 2022Transcript PPT
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Nov 2022TranscriptNotesPPT
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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Jan 2022Transcript PPT
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Oct 2021Transcript PPT
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Aug 2021TranscriptPPT
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Aug 2021Transcript PPT
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Feb 2018TranscriptNotesPPT
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Nov 2017TranscriptNotesPPT
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Aug 2017TranscriptNotesPPT
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May 2017TranscriptNotesPPT
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Apr 2017TranscriptNotesPPT
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Mar 2017TranscriptNotesPPT
Demerger
Till 2015, the AAC (Aerated Autoclaved Concrete) Blocks business was conducted by Mohit Industries Limited. Consequent upon the demerger of AAC Block Division of Mohit Industries Limited in 2016, the AAC Block business is being conducted by Bigbloc Construction Limited.[1]