The call ran from 2:31 PM to 3:05 PM IST (34 min).
Key takeaways
Bigbloc delivered strong volume-led revenue growth but faced significant margin compression due to raw material and fuel cost spikes.
| Management target | Revenue H2 FY27 |
|---|
| Revenue growth | 23% YoY for Q2 FY27, driven by higher sales volumes. |
|---|---|
| Margins | EBITDA margins expanded YoY but remain under pressure from inputs. |
| Order book | Recent orders from Adani ConneX and bullet train stations mentioned. |
| Demand visibility | Strong outlook for H2; record monthly turnover in October 2026. |
| Management confidence | Confident in H2 demand despite current raw material cost headwinds. |
Growth
Revenue grew 31% YoY in H1 FY27, driven by a 22% increase in sales volumes to 4.46 lakh cubic meters.
Outlook
Management targets 75% capacity utilization in H2 FY27 and aims to increase AAC panel revenue contribution.
Risks
Higher lime and coal prices coupled with monsoon disruptions pose immediate threats to profitability and margin recovery.
Last quarter's promises, checked
Partly delivered
- Volume +32% YoY (Q1) → +13% YoY (Q2) (= PARTIAL)
- AAC panels rising share, ~5% (Q1) → ~6% (Q2) (= PARTIAL)
- Price hikes to lift realisations → pricing power 'limited', calibrated (= PARTIAL)
Missed
- Util 70%+ then 75%+ in 1-2 qtrs → Q2 ~69%, 75% restated for H2 (= MISS)
- Approaching break-even, Q1 loss ₹0.7 Cr → Q2 loss ₹2.75 Cr, H1 ₹3.5 Cr (= MISS)
- MP construction post-monsoon, COD FY28 → still 'considering' in 1-2 qtrs (= MISS)
Summary by ALFA Finder, written with AI assistance from our own recording of the call, published . Open it on ALFA Filings ›
The results behind this call
Bigbloc Construction Q2 FY27 Results: Net Loss of ₹2.7 Cr, Loss Narrows
Bigbloc Construction reported a loss of Rs. 2.85 Crore for the quarter ended September 2026. Revenue from operations stood at Rs. 21.04 Crore despite raw material cost pressures.
- Key figure
- Net loss ₹2.7 Cr
What management said last time
Full summary →From the call summary published .
Outlook they gave
Targeting 10-20% volume growth for FY27; aiming for 80-85% capacity utilization. Expansion plans in MP and SIAM unit under review.
Growth they described
FY26 revenue reached ₹283 crore, up 26% YoY. Sales volumes grew 40% in Q4 and 37% for the full year.
Call details
| Company | Bigbloc Construction Ltd |
|---|---|
| NSE symbol | BIGBLOC |
| ISIN | INE412U01025 |
| Call | Q2 FY27 earnings call |
| Date | Wednesday, 4 November 2026 |
| Time | 2:30 PM IST |
| Length | 34 min |
| Audio | Our stream on YouTube ↗ |
Bigbloc Construction Ltd: key numbers
- Share price
- ₹34.70
- Market cap
- ₹491.3 Cr
- Revenue (annual)
- ₹283.4 Cr
- Net profit (annual)
- ₹-1.76 Cr
- P/E (TTM)
- 492.8×Sector 32.4×
- Promoter holding
- 72.81%+0.00% QoQ
- FII holding
- 0.21%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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