MoneyWorks4Me

Bigbloc Construction Ltd (BIGBLOC)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 540061 NSE: BIGBLOC Cement & Construction Materials | Small Cap | Bigbloc Construction Share Price

₹39.49 0.69 (1.78%)

As on 30-Sep'26 16:59

Bigbloc Construction Ltd (BIGBLOC)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 540061 NSE: BIGBLOC Cement & Construction Materials | Small Cap | Bigbloc Construction Share Price

₹39.49 0.69 (1.78%)

As on 30-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹549 Cr.
Current Price
₹39.5
52-Week Low / High
₹38 / 80
TTM EPS
₹0.1
TTM Sales
₹306 Cr.
Book Value per Share
₹9.5
P/E Ratio
320.49
Higher than its 5-year historical median
Industry PE
34.8
Price to Book (P/B)
4.09
Lower than its 5-year historical median
Price to Sales (P/S)
1.79
Lower than its 5-year historical median
EV/EBITDA
26.72
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
-6.24%
Underperforms industry median
Return on Capital Employed (ROCE)
1.88%
Underperforms industry median
Return on Assets (ROA)
-2.23%
Operating Profit Margin
6.4%
Net Profit Margin
-2.99%
Gross Profit Margin
2.8%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
31.7%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-39.5%
Net Profit Growth (1 Year)
-
-365.31%
Asset Quality
Promoter Holding
72.81%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹106 Cr.
Equity
₹28.3 Cr.
Face Value
₹2
All Time Low / High
₹2.12 / 148.50

Bigbloc Construction stock performance

Key Ratios
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Check Before You Invest

Valuation

Fair

Price Trend

Weak
Q.1 Is Bigbloc Construction Ltd a good quality company?
Bigbloc Construction Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Bigbloc Construction Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Bigbloc Construction Ltd vs industry peers?
Bigbloc Construction Ltd revenue CAGR is 22.45%, compared to the industry median CAGR of 3.07%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Bigbloc Construction Ltd?
Promoters hold 72.81% of the Bigbloc Construction Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Bigbloc Construction Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 24.1% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Bigbloc Construction Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % ⓘ16.2%16%8.5%5.3%4.9%18.8%32.1%18.2%-1.7%2.2%-
Value Creation
Index ⓘ
0.20.1-0.4-0.6-0.70.31.30.3-1.1-0.8-

Growth Parameters ⓘ

Sales ⓘ62.871.595.180.855.510411410767.288.591
Sales YoY Gr.-13.7%33%-15%-31.4%86.6%10%-6.1%-37.1%31.7%-
Adj EPS ⓘ0.20.30.10.100.51.20.8-0.5-0.3-0.3
YoY Gr.-33.3%-64.3%-50%-40%1700%113%-32.2%-164.1%NA-
BVPS (₹) ⓘ1.71.922.22.22.73.74.33.73.43.3
Adj Net
Profit ⓘ
2.941.50.60.47.716.311-7.1-3.8-4
Cash Flow from Ops. ⓘ4.85.53.73.50.616.412.98.94.54.8-
Debt/CF from Ops. ⓘ66.610.311.373.11.236.917.917.2-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘ3.9%9.8%-8.1%31.7%
Adj EPS ⓘ-202.8%-255.2%-161.7%NA
BVPSⓘ8.3%9.1%-2.5%-8.1%
Share Price 24.1% 28.9% -22% -30.1%

Key Financial Parameters ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity % ⓘ
13.215.95.12.11.222.436.519.6-12.6-7.7-8.4
Op. Profit
Mgn % ⓘ
16.816.78.17.89.114.623.519.3-4.43.62.9
Net Profit
Mgn % ⓘ
4.75.61.50.80.77.414.410.3-10.5-4.3-4.3
Debt to
Equity ⓘ
1.21.31.31.31.40.50.811.51.7-
Working Cap
Days ⓘ
13515915619829114013620535525264
Cash Conv.
Cycle ⓘ
738563608837448013997-31

Valuation of Bigbloc Construction - Consolidated

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales100119103175200243225283
Operating Expenses ⓘ + 9310891148150187195266
Manufacturing Costs1919163032373346
Material Costs41494274718991127
Employee Cost 1113101415212428
Other Costs ⓘ 2328223133404865
Operating Profit ⓘ 710122750562918
Operating Profit Margin (%) 7.0%8.7%11.8%15.5%25.0%23.1%13.0%6.2%
Other Income ⓘ + 00011445
Exceptional Items ⓘ 00000000
Interest ⓘ 4444491515
Depreciation ⓘ 45566101417
Profit Before Tax ⓘ -1131841415-9
Tax ⓘ 0-10210101-0
Profit After Tax -1221630313-8
PAT Margin (%) -1.4%2.1%2.4%9.2%15.1%12.6%1.4%-3.0%
Adjusted EPS (₹)-0.10.20.21.12.12.20.7-0.1
Dividend Payout Ratio (%)0%14.40%14.30%13.20%9.30%9.20%58.90%0%
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 2530324775104137135
Share Capital ⓘ 14.1614.1614.1614.1614.1614.1628.3228.32
Reserves ⓘ 111618336190109107
Debt +4552563778125163172
Long Term Debt1728373065101125114
Short Term Debt272419713253958
Minority Interest000025109
Trade Payables1517161618242931
Others Liabilities ⓘ 177101426363837
Total Liabilities ⓘ 102106114114199294377385

Fixed Assets

Net Fixed Assets ⓘ +6468717086172233241
Gross Block839199105126222293314
Accumulated Depreciation1924293540506073
CWIP ⓘ 000041181210
Investments ⓘ 00000111
Inventories779611162123
Trade Receivables2524242631526567
Cash Equivalents 10002111
Others Assets ⓘ 57101128334544
Total Assets ⓘ 102106114114199294377385
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity ⓘ + 4642432191319
PBT ⓘ -1131841415-9
Adjustment ⓘ 555610182930
Changes in Working Capital ⓘ 21-42-12-31-113
Tax Paid ⓘ -2-1-0-1-7-9-10-6
Cash Flow From Investing Activity ⓘ + 2-8-10-5-73-66-81-24
Capex -4-8-8-5-64-74-69-23
Net Investments -000-0-00-00
Others ⓘ 60-21-98-12-1
Cash Flow From Financing Activity ⓘ + -826-194147684
Net Proceeds from Shares ⓘ 00000000
Net Proceeds from Borrowing ⓘ 00000000
Interest Paid ⓘ 0000-4-9-15-15
Dividend Paid ⓘ -00-0-1-1-2-10
Others ⓘ -727-1847588419
Net Cash Flow ⓘ -1-00-0001-1
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)-5.568.947.9940.7249.2634.222.66-6.24
ROCE (%)4.377.238.0623.9135.4924.436.681.88
Asset Turnover Ratio0.981.140.941.541.280.990.670.74
PAT to CFO Conversion(x)N/A321.51.070.614.33N/A
Working Capital Days
Receivable Days90.5075.7085.7052.2052.3062.5095.2084.80
Inventory Days27.4022.1027.7015.7015.8020.4030.2028.40
Payable Days136.60121142.6079.5087.9085.70106.9086.50

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Bigbloc Construction Ltd FAQs

The current trading price of Bigbloc Construction on 30-Sep-2026 16:59 is ₹39.49.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 29-Sep-2026 the market cap of Bigbloc Construction stood at ₹549.3 Cr

The latest P/E ratio of Bigbloc Construction as of 29-Sep-2026 is 0.00.

The latest P/B ratio of Bigbloc Construction as of 29-Sep-2026 is 11.85.

The 52-week high of Bigbloc Construction is ₹79.97 and the 52-week low is ₹37.87.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Bigbloc Construction is ₹91.30 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Bigbloc Construction Ltd is a below average quality company.

The key valuation ratios of Bigbloc Construction Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Bigbloc Construction Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Bigbloc Construction Ltd

Bigbloc Construction was incorporated on June 17, 2015, under the Companies Act, 2013, in the state of Gujarat. Upto March 31, 2015, the AAC ((Autoclaved Aerated Concrete) Blocks business was conducted by Mohit Industries. Consequent upon the demerger of AAC Block Division of Mohit Industries effective from March 16, 2016, the AAC Block business is being conducted by Bigbloc Construction. 

Bigbloc Construction is an India’s leading manufacturer of AAC blocks and related products. Its products are transforming the green building materials industry by combining sustainability with cutting-edge innovation. Its flagship product, AAC blocks, marketed under the brand name NXTBLOC, represents the future of sustainable and eco-friendly construction. Known for their strength, lightweight structure, thermal insulation, soundproofing, fire resistance, and environmental benefits, these blocks are manufactured using non-toxic materials.

As part of its commitment to green practices, it is expanded its portfolio to include AAC Wall Panels to be marketed under the brand ‘ZMARTBUILD WALL by NXTBLOC’ through a joint venture with Siam Cement Group, enhancing its offerings to cater to the growing needs of the sustainable construction and infrastructure sectors. It is also expanded its portfolio to construction chemicals including semi-premix high-quality mortar for AAC block jointing and bonding and ready-mix cement plaster, marketed under its NXTFLIX and NXTPLAST.

Its manufacturing facilities form the backbone of its operations and success. Strategically located and equipped with state-of-the-art technology, they empower it to lead the way in producing high-quality, sustainable building materials that serve the diverse needs of the construction industry. These facilities not only showcase its advanced capabilities but also position it as a multi-location, multimarket player with exposure to diverse realty markets. By leveraging its robust infrastructure, strategically located facilities, and commitment to innovation, it is poised to meet the evolving demands of the construction industry. Its efforts align with its vision of driving sustainable building practices and delivering long-term value to all stakeholders.

Business area of the company

The company is primarily engaged in manufacture, sale and marketing of AAC Blocks. It takes pride in being a trusted partner for India’s leading realtors and construction companies. Its superior-quality, ecofriendly AAC blocks have redefined the construction industry by offering sustainable alternatives to traditional building materials.

Products of the company

  • NXTBLOC AAC blocks
  • AAC block jointing mortar - NXTFIX
  • Ready mix plaster - NXTPLAST premium cement plaster
  • ZMARTBUILD wall panels

History and milestones

  • 2010: Launched its journey in AAC block manufacturing as a subsidiary of Mohit Industries Limited. 
  • 2010: Its first unit in Palghar, Maharashtra, with a capacity of 100,000 CBM PA, marked it as one of India’s early AAC manufacturers.
  • 2012: Divested the initial unit, and reinvested in operations with the establishment of a cutting-edge AAC block manufacturing facility in Umargaon, Gujarat, creating a capacity of 300,000 CBM PA. This strategic move set the stage for scalability and operational efficiency.
  • 2015: Demerged from Mohit Industries Limited. to establish BigBloc Construction as an independent entity, paving the way for focussed growth in AAC manufacturing. 
  • 2016: Successfully listed on both NSE and BSE, opening avenues for greater investor confidence and transparency, enhancing accessibility to its stakeholders and value creation.
  • 2019: Acquired a sick unit, Hilltop Concrete Private Limited (subsequently renamed StarBigBloc Building Material), with a 200,000 CBM PA capacity in Kapadvanj near Ahmedabad, and revitalised operations with an initial production capacity of 2,00,000 cubic metres per annum.
  • 2020: Enhanced capacity at StarBigBloc to 250,000 CBM PA through debottlenecking efforts, showcasing its operational efficiency and reaffirming its agility in responding to rising market demand.
  • 2021: Entered into a strategic joint venture with SCG International Corporation Co. (Siam Cement) of Thailand, a leading name in the South East Asian construction materials industry, to leverage advanced technologies and expand its offerings.
  • 2023: Achieved a major milestone by commercialising Phase 1 of the Wada Plant, increasing its manufacturing capacity to 825,000 CBM PA. 
  • 2023: Began groundwork for a new era with the JV plant at Ramosadi, further enhancing production capabilities.
  • 2024: Commenced operations at the JV plant with SCG at Ramosadi, elevating its total manufacturing capacity to 1 million CBM PA.
  • 2025: Completed the Phase 2 expansion of the Wada Plant to 500,000 CBM PA, making it India’s largest single-location AAC manufacturing facility.
  • 2025: Acquired 57,500 sq. mts. of land in Madhya Pradesh to expand AAC Blocks business in central India, further ventured into manufacturing of construction chemicals.
  • 2026: Bigbloc Construction’s wholly owned subsidiary -- Bigbloc Building Elements commenced commercial production at its state-of-the-art construction chemicals plant at the Umargaon facility. 

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