BIGBLOC Construction Ltd

₹ 117 2.60%
12 Aug - close price
About

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]

Key Points

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]

  • Market Cap 825 Cr.
  • Current Price 117
  • High / Low 151 / 20.4
  • Stock P/E 35.4
  • Book Value 6.64
  • Dividend Yield 0.09 %
  • ROCE 23.9 %
  • ROE 40.7 %
  • Face Value 2.00
Rama Debi
Rama Debi
She took active part in Khadi Movement. She donated all her gold ornaments in appeal to Gandhiji's non-cooperation movement. She was arrested multiple times across multiple movements. She accompanied Gandhiji in a foot march in Odisha.
Unsung Heroes →
Surain Singh Badagilwandi
Surain Singh Badagilwandi
He was a Gadar Party Hero. He was involved in Lahore Conspiracy Case. He was hanged on 17th November 1915.
Unsung Heroes →

Pros

  • Company has reduced debt.
  • Company is expected to give good quarter
  • Debtor days have improved from 71.6 to 54.7 days.

Cons

  • Stock is trading at 17.6 times its book value
  • Tax rate seems low
  • Company might be capitalizing the interest cost

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
29.62 28.77 30.70 29.70 6.81 21.79 34.65 39.53 28.25 41.23 52.75 52.99 55.54
27.16 26.31 28.04 26.95 7.26 19.50 30.61 33.48 25.23 35.15 45.46 42.23 43.33
Operating Profit 2.46 2.46 2.66 2.75 -0.45 2.29 4.04 6.05 3.02 6.08 7.29 10.76 12.21
OPM % 8.31% 8.55% 8.66% 9.26% -6.61% 10.51% 11.66% 15.30% 10.69% 14.75% 13.82% 20.31% 21.98%
0.17 0.11 0.10 -0.05 0.03 0.24 0.25 -0.16 0.31 0.00 0.13 0.11 0.06
Interest 1.14 1.08 1.03 1.19 1.11 1.13 1.18 1.01 0.55 1.15 0.94 1.10 0.71
Depreciation 1.20 1.21 1.24 1.12 1.25 1.26 1.32 1.36 1.42 1.43 1.49 1.54 1.48
Profit before tax 0.29 0.28 0.49 0.39 -2.78 0.14 1.79 3.52 1.36 3.50 4.99 8.23 10.08
Tax % 17.24% -100.00% 14.29% -215.38% 1.44% -14.29% 11.73% 1.70% 10.29% 10.29% 15.23% 9.11% 16.37%
Net Profit 0.23 0.56 0.42 1.24 -2.74 0.17 1.59 3.46 1.22 3.14 4.24 7.48 8.43
EPS in Rs 0.03 0.08 0.06 0.18 -0.39 0.02 0.22 0.49 0.17 0.44 0.60 1.06 1.19

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
100 119 103 175 203
93 108 91 148 166
Operating Profit 7 10 12 27 36
OPM % 7% 9% 12% 15% 18%
0 0 0 1 0
Interest 4 4 4 4 4
Depreciation 4 5 5 6 6
Profit before tax -1 1 3 18 27
Tax % -53% -69% 8% 11%
Net Profit -1 2 2 16 23
EPS in Rs -0.20 0.35 0.35 2.27 3.29
Dividend Payout % 0% 14% 14% 13%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 21%
TTM: 63%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 138%
TTM: 262%
Stock Price CAGR
10 Years: %
5 Years: 47%
3 Years: 183%
1 Year: 391%
Return on Equity
10 Years: %
5 Years: %
3 Years: 21%
Last Year: 41%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022
14 14 14 14
Reserves 11 16 18 33
52 54 61 43
25 22 21 24
Total Liabilities 102 106 114 114
64 68 71 70
CWIP 0 0 0 0
Investments 0 0 0 0
38 38 43 43
Total Assets 102 106 114 114

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022
4 6 4 24
2 -8 -10 -5
-8 2 6 -19
Net Cash Flow -1 -0 0 -0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 90 75 85 55
Inventory Days 66 51 75 31
Days Payable 137 128 137 80
Cash Conversion Cycle 20 -2 23 6
Working Capital Days 38 48 66 44
ROCE % 7% 8% 24%

Shareholding Pattern

Numbers in percentages

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
68.87 69.09 69.32 69.32 70.46 70.81 70.81 70.81 71.09 71.81 72.27 72.27
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.10 0.02 0.00
0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
31.13 30.90 30.68 30.68 29.54 29.19 29.19 29.19 28.91 28.10 27.70 27.72

Documents

Concalls

Banchhanidhi Mohanty
Banchhanidhi Mohanty
He stirred people against the atrocity of the government though his poems. He demonstrated the evils of British rules, caste distinction, superstition and intoxication through his plays.
Unsung Heroes →
Laxmibai Ganesh Thuse
Laxmibai Ganesh Thuse
She was chosen by Mahatma Gandhi to offer Satyagraha.She pursued people towards non-violence and made anti-war speeches.
Unsung Heroes →