Bigbloc Construction Ltd (BOM:540061)
₹ 40.95 -0.61 (-1.45%) Market Cap: 5.85 Bil Enterprise Value: 7.94 Bil PE Ratio: 357.94 PB Ratio: 4.42 GF Score: 70/100

Q3 2025 Bigbloc Construction Ltd Earnings Call Transcript

Feb 17, 2025 / 06:30AM GMT
Release Date Price: ₹62.1 (-5.41%)

Key Points

Positve
  • Bigbloc Construction Ltd (BOM:540061) has completed the technology upgradation of its Umargam plant, which has commenced commercial operations.
  • The company has launched a new product, Smart Field Wall by Nex bloc, which has received product certification from IIT and ARAI.
  • Bigbloc Construction Ltd has secured a INR4.5 crore work order from Tata Projects for the supply and installation of panels at Micron, India's semiconductor facility.
  • The company is expanding its product lines in construction chemicals, including block jointing mortar, ready mix plaster, and tile assist manufacturing.
  • Bigbloc Construction Ltd is committed to sustainability, with plans to install significant solar power capacity across its facilities, aiming to increase renewable energy usage to 35%-40%.
Negative
  • Revenue from operations declined by approximately 8% year-on-year for the third quarter.
  • Operating EBITDA decreased by 62% year-on-year, with margins standing at 10.74% for the third quarter.
  • Net profit after tax fell by 97% year-on-year, primarily due to lower demand during the festival season and state elections.
  • The company's consolidated capacity utilization was around 53%, impacted by the gradual scale-up of the Umargam plant and lower utilization at the Siam Cement Big Bloc Construction Technologies plant.
  • The company faces challenges in the construction chemicals market due to competition from established players.
Operator

Ladies and gentlemen, good day and welcome to Bigbloc Construction Limited. Q3 9 months FY25 earnings conference call hosted by Ventura Securities Limited. (Operator Instructions) Please note that this conference is being recorded.

Before we begin, I would like to point out that this conference call may contain forward-looking statements about the company, which are based on the beliefs, opinions, and expectations of the company as on date of this call. The statements do not guarantee the future performance of the company, and it may involve risk and uncertainties that are difficult to predict.

I would now like to hand over the call to Tushar Pendharkar, from Ventura Securities. Thank you and over to you, Tushar.

Tushar Pendharkar
Ventura Securities Ltd - Moderator

Thank you, good day, ladies, and gentlemen. On behalf of Ventura Securities Limited, I welcome you all to Bigbloc Construction Limited Q3 and 9 month FY 25 earnings conference call. The company is today represented by Mr. Mohit Saboo, Director and CFO, and Mr. Manish Saboo,

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