Bigbloc Construction Limited has informed the Exchange about Transcript
BIGBLOC · price
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Bigbloc Construction reported Q1 FY26 consolidated revenue of Rs. 564 million, up 9.3% year-on-year, driven by a 25.3% jump in sales volumes to 1.67 lakh cubic meters, though partly offset by lower realisations. EBITDA came in at just Rs. 13 million (margin of 2.3%), hurt by softer pricing, lower capacity utilisation of 53%, and monsoon-related seasonal demand weakness. Management expects capacity utilisation to improve to 70%+ over the next couple of quarters and guided for EBITDA margins of 15-18% within two quarters, with profitability expected once utilisation crosses 60-65%. The company reaffirmed its goal to double revenues from Rs. 225-250 crore to Rs. 500 crore over 2-3 years, with AAC wall panels and construction chemicals each contributing 15-20%, while AAC blocks remain ~60%. The Umargaon construction chemicals plant is nearly ready for commercial production, and no carbon credit revenue was realised this quarter.
Near-term sentiment may be weak due to very thin 2.3% EBITDA margins and continued pricing pressure, but the company has given clear forward-looking guidance for margin recovery and revenue doubling that could support investor confidence if execution delivers.