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 ₹ 1,759 Cr.
- Current Price ₹ 248
- High / Low ₹ 284 / 138
- Stock P/E 159
- Book Value ₹ 8.55
- Dividend Yield 0.16 %
- ROCE 18.2 %
- ROE 19.6 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 49.2% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.0%
- Company has been maintaining a healthy dividend payout of 23.6%
Cons
- Stock is trading at 29.1 times its book value
- Debtor days have increased from 71.9 to 90.6 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
60 | 63 | 71 | 95 | 81 | 55 | 103 | 114 | 107 | |
54 | 52 | 59 | 87 | 74 | 50 | 88 | 87 | 86 | |
Operating Profit | 6 | 11 | 12 | 8 | 6 | 5 | 15 | 27 | 21 |
OPM % | 11% | 17% | 17% | 8% | 8% | 9% | 15% | 24% | 19% |
0 | 0 | 0 | 1 | 1 | 2 | 1 | 1 | 4 | |
Interest | 4 | 3 | 3 | 4 | 3 | 3 | 3 | 2 | 5 |
Depreciation | 2 | 2 | 3 | 3 | 4 | 4 | 4 | 4 | 5 |
Profit before tax | 1 | 5 | 6 | 2 | 1 | 1 | 10 | 21 | 15 |
Tax % | 33% | 38% | 33% | 25% | 8% | 36% | 21% | 25% | 26% |
0 | 3 | 4 | 1 | 1 | 0 | 8 | 16 | 11 | |
EPS in Rs | 0.41 | 0.56 | 0.21 | 0.10 | 0.05 | 1.09 | 2.27 | 1.56 | |
Dividend Payout % | 0% | 12% | 9% | 0% | 50% | 93% | 28% | 18% | 26% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 2% |
3 Years: | 24% |
TTM: | -6% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 49% |
3 Years: | 202% |
TTM: | -33% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 112% |
3 Years: | 147% |
1 Year: | 64% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 19% |
3 Years: | 26% |
Last Year: | 20% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
Reserves | 21 | 9 | 13 | 14 | 17 | 17 | 24 | 38 | 46 |
28 | 29 | 36 | 38 | 39 | 43 | 20 | 39 | 62 | |
12 | 14 | 15 | 21 | 15 | 15 | 19 | 26 | 21 | |
Total Liabilities | 60 | 67 | 78 | 86 | 85 | 89 | 76 | 116 | 144 |
36 | 38 | 39 | 40 | 42 | 43 | 40 | 45 | 53 | |
CWIP | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 1 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 19 | 21 |
24 | 28 | 37 | 46 | 43 | 46 | 34 | 52 | 68 | |
Total Assets | 60 | 67 | 78 | 86 | 85 | 89 | 76 | 116 | 144 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
2 | 5 | 5 | 4 | 3 | 1 | 16 | 10 | 10 | |
-1 | -5 | -12 | -6 | -5 | -4 | 8 | -28 | -29 | |
-1 | 0 | 6 | 2 | 2 | 3 | -24 | 18 | 19 | |
Net Cash Flow | 0 | 0 | -0 | -0 | -0 | -0 | -0 | 0 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 106 | 116 | 106 | 78 | 88 | 113 | 53 | 72 | 91 |
Inventory Days | 88 | 115 | 119 | 54 | 57 | 108 | 38 | 75 | 82 |
Days Payable | 132 | 197 | 131 | 108 | 112 | 164 | 73 | 82 | 68 |
Cash Conversion Cycle | 62 | 34 | 94 | 25 | 33 | 57 | 18 | 64 | 105 |
Working Capital Days | 65 | 65 | 99 | 49 | 78 | 129 | 49 | 77 | 95 |
ROCE % | 16% | 16% | 9% | 5% | 5% | 19% | 33% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 1d
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 8 May
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Announcement under Regulation 30 (LODR)-Newspaper Publication
8 May - Newspaper Publication for the Quarter and year ended March, 2024.
- Announcement under Regulation 30 (LODR)-Investor Presentation 7 May
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 7 May
Annual reports
Concalls
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May 2024Transcript PPT REC
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Feb 2024Transcript PPT
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Jan 2024TranscriptNotesPPT
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Nov 2023Transcript PPT
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Oct 2023TranscriptNotesPPT REC
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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]