Company UpdateInvestor Presentation
BigBloc FY26 revenue 2,834 Mn; EBITDA 176 Mn; PAT negative; capacity and SCG JV expansion underway
Business overview
- BigBloc is a leading AAC blocks manufacturer under NXTBLOC brand in India.
- Four plants in Gujarat and Maharashtra with 1.3 million CBM p.a. capacity.
- JV with Siam Cement Group (SCG) ongoing since FY24 for building solutions.
- Aims to be a vertically integrated, green building materials provider.
Operational highlights
- Total AAC capacity across plants: 1.3 million CBM p.a.
- SCG JV project value INR 891 Mn; 2,50,000 CBM installed capacity.
- Launched AAC Wall Panels; NXTFIX mortar; NXTPLAST plaster; NXGRIP tile adhesive planned.
- MP expansion: 57,500 sqm land acquired in Central India.
- Solar capacity installed: 2,375 kW across group.
Financial performance
- FY26 revenue: INR 2,834 Mn; FY25: 2,246; FY24: 2,432.
- EBITDA: INR 176 Mn; margin 6.21%.
- PAT: INR -85 Mn; margin -3.00%.
- Equity share capital: INR 283 Mn; total equity: INR 1,463 Mn.
- Long-term borrowings: INR 1,144 Mn; short-term borrowings: INR 872 Mn.
- Cash and bank balances: INR 6 Mn; total borrowings: INR 2,016 Mn.
Capital structure & liquidity
- Equity capital grew to INR 283 Mn; balance sheet shows growing borrowings.
- Debt: long-term 1,144 Mn; short-term 872 Mn; total borrowings 2,016 Mn.
- Cash balance modest at INR 6 Mn; liquidity metrics not disclosed.
Strategic priorities & outlook
- Automation across new/existing plants to boost productivity.
- Expansion into high-growth markets; MP land acquisition for scale.
- ProductPortfolio: AAC Wall Panels, NXTFIX, NXTPLAST; NXGRIP tile adhesive.
- In-house logistics; cross-selling across building materials; SCG collaboration.
- Talent development to support scalable growth; sustainability focus.
Risks & governance
- Logistics and freight costs limit AAC adoption; in-house logistics mitigates risk.
- Reliance on SCG JV; diversification into walls and chemicals mitigates risk.
- Board includes promoters and independent directors; CFO-signatory responsible for finance.
Governance & leadership
- Promoters: Narayan Sitaram Saboo (Chairman) and Naresh Sitaram Saboo (MD).
- Independent directors: Sachit Gandhi and Saurabh Gupta; Samiksha Nandwani.
- Director & CFO: Mohit Narayan Saboo.