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 ₹ 948 Cr.
- Current Price ₹ 134
- High / Low ₹ 169 / 66.2
- Stock P/E 64.7
- Book Value ₹ 6.51
- Dividend Yield 0.22 %
- ROCE 18.8 %
- ROE 22.4 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 21.4% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 56.9%
- Debtor days have improved from 84.9 to 53.2 days.
- Company's working capital requirements have reduced from 85.1 days to 49.3 days
Cons
- Stock is trading at 20.6 times its book value
- The company has delivered a poor sales growth of 10.5% over past five years.
- Company has a low return on equity of 9.30% over last 3 years.
* 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 | TTM | |
---|---|---|---|---|---|---|---|---|
60 | 63 | 71 | 95 | 81 | 55 | 104 | 115 | |
54 | 52 | 59 | 87 | 74 | 50 | 88 | 90 | |
Operating Profit | 6 | 11 | 12 | 8 | 6 | 5 | 15 | 25 |
OPM % | 11% | 17% | 17% | 8% | 8% | 9% | 15% | 22% |
0 | 0 | 0 | 1 | 1 | 2 | 1 | 1 | |
Interest | 4 | 3 | 3 | 4 | 3 | 3 | 3 | 2 |
Depreciation | 2 | 2 | 3 | 3 | 4 | 4 | 4 | 4 |
Profit before tax | 1 | 5 | 6 | 2 | 1 | 1 | 10 | 19 |
Tax % | 33% | 38% | 33% | 25% | 8% | 36% | 21% | |
Net Profit | 0 | 3 | 4 | 1 | 1 | 0 | 8 | 15 |
EPS in Rs | 0.41 | 0.56 | 0.21 | 0.10 | 0.05 | 1.09 | 2.08 | |
Dividend Payout % | 0% | 12% | 9% | 0% | 50% | 93% | 28% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | 3% |
TTM: | 19% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 21% |
3 Years: | 73% |
TTM: | 68% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 38% |
3 Years: | 161% |
1 Year: | 83% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 10% |
3 Years: | 9% |
Last Year: | 22% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|
0 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | |
Reserves | 1 | 9 | 13 | 14 | 17 | 17 | 24 | 32 |
28 | 29 | 36 | 38 | 39 | 43 | 20 | 26 | |
32 | 14 | 15 | 21 | 15 | 15 | 19 | 19 | |
Total Liabilities | 60 | 67 | 78 | 86 | 85 | 89 | 76 | 91 |
36 | 38 | 39 | 40 | 42 | 43 | 40 | 42 | |
CWIP | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 |
24 | 28 | 37 | 46 | 43 | 46 | 34 | 46 | |
Total Assets | 60 | 67 | 78 | 86 | 85 | 89 | 76 | 91 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|
2 | 5 | 5 | 4 | 3 | 1 | 16 | |
-1 | -5 | -12 | -6 | -5 | -4 | 8 | |
-1 | 0 | 6 | 2 | 2 | 3 | -24 | |
Net Cash Flow | 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 | |
---|---|---|---|---|---|---|---|
Debtor Days | 106 | 116 | 106 | 78 | 88 | 113 | 53 |
Inventory Days | 88 | 115 | 119 | 54 | 57 | 108 | 38 |
Days Payable | 132 | 197 | 131 | 108 | 112 | 164 | 73 |
Cash Conversion Cycle | 62 | 34 | 94 | 25 | 33 | 57 | 18 |
Working Capital Days | 65 | 65 | 99 | 49 | 78 | 129 | 49 |
ROCE % | 20% | 16% | 9% | 5% | 5% | 19% |
Documents
Announcements
- Audio Recording Of Earnings Call For The Quarter Ended December 31St, 2022 25 Jan
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Announcement under Regulation 30 (LODR)-Newspaper Publication
25 Jan - Pursuant to Regulation 47 and 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we enclose herewith copies of extract of Unaudited Financial …
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Announcement under Regulation 30 (LODR)-Investor Presentation
24 Jan - With reference to above mentioned subject, please find attached Investor Presentation on (Q3/9M-FY23) Unaudited Financial Results for the quarter ended 31st December, 2022. The above …
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
24 Jan - Company announces its Financial Results for quarter ended 31st December, 2022. Please find below a detailed press release for your reference.
- Board Meeting Outcome for Outcome Of The Board Meeting Of Bigbloc Construction Limited Held On 24/01/2023 24 Jan
Annual reports
Concalls
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Jan 2023TranscriptPPT
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Nov 2022Transcript PPT
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Nov 2022TranscriptPPT
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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 2018TranscriptPPT
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Nov 2017TranscriptPPT
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Aug 2017TranscriptPPT
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May 2017TranscriptPPT
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Apr 2017TranscriptPPT
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Mar 2017TranscriptPPT
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]