Bigbloc Construction Ltd - 540061 - Disclosure Under Regulation 29(2) Of The Securities And Exchange Board Of India (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011
We enclose herewith the captioned disclosure pursuant to Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Bigbloc Construction Ltd - 540061 - Announcement Of Change In The Nature Of Wholly Owned Subsidiary Company - From Private Limited To Public Company And Increase In Authorised Capital
Please find the attached announcement for the captioned subject. Bigbloc Construction Ltd - 540061 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Please find the attached transcript for the Conference call held on 24th January 2024.
Bigbloc Construction Q3 FY24 Results Live : profit rise by 12.47% YOY
Bigbloc Construction Q3 FY24 Results Live : Revenue increased by 24.13% YoY & profit increasedby 12.47% YoY Bigbloc Construction Ltd - 540061 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Please find the attached link for Earning Call recordings Bigbloc Construction Ltd - 540061 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Please find the attached Newspaper Advertisement for the Quarter and Nine Months ended 31st December, 2023. Bigbloc Construction Ltd - 540061 - Announcement under Regulation 30 (LODR)-Investor Presentation
Please find the Investor presentation on Earnings. Q3FY24 Quarterly & 9MFY24 Result Announced for Bigbloc Construction Ltd.
Cement products company Bigbloc Construction announced Q3FY24 & 9MFY24 results: Revenue Growth: - Q3 FY24: BigBloc Construction Ltd reported revenue from operations amounting to Rs 61.5 crore, a 24.24% increase compared to Rs 49.5 crore in Q3 FY23. - 9 Months FY24: Consolidated revenue reached Rs 175.3 crore, marking a 14.13% growth from Rs 153.6 crore in the same period of the previous year. EBITDA Performance: - Q3 FY24: EBITDA stood at Rs 16.2 crore with a margin of 26.34%, in comparison to Rs 13.3 crore and a margin of 26.87% in Q3 FY23. - 9 Months FY24: Achieved an EBITDA of Rs 43.6 crore, representing a 10.38% increase with the margin slightly reduced to 24.87% from 25.72% in the previous year. Profitability: - Q3 FY24: Net profit (PAT) increased to Rs 8.6 crore, up by 11.69% from Rs 7.7 crore in Q3 FY23, with the PAT margin at 13.98%. - 9 Months FY24: A consolidated net profit of Rs 22.0 crore was reported, a decrease of 10.57% from a net profit of Rs 24.6 crore in 9 Months FY23. Earnings Per Share (EPS): - Q3 FY24: Rs 1.22 per share, an increase of 11.93% year-over-year. - 9 Months FY24: EPS stood at Rs 3.14 per share, recording a 9.51% decline compared to the prior year. Dividend: - The company declared a 2nd interim dividend of 10% for FY23-24, translating to Rs 0.20 per share. Operational Highlights Commencement of phase two at Wada plant, expected to add another 2.5 lakhs cubic meters per annum to production capacity. Active work on establishing a Kapadvanj plant with a capacity of 3 lakhs cubic meters per annum for ALC Panels and AAC Blocks in joint venture with Thailand's SCG Group. Post expansions, BigBloc anticipates becoming one of India’s AAC Block Space leaders with a capacity of 13.75 lakhs cubic meters per annum. The company projects to generate 2.5 to 3 lakhs tons of carbon credit annually after ongoing expansions. Mr. Narayan Saboo, Chairman of Bigbloc Construction Ltd, stated: "The company has continued to excel in the December quarter, reporting robust operational and financial performance, marked by substantial revenue and profitability growth." He further added: "Progress in the Wada, Maharashtra expansion and the joint venture with SCG Group signifies the commitment to timely project completion. The collaboration with SCG Group focuses on sharing techno-commercial knowledge, fostering mutual growth, and introducing cutting-edge building materials to the Indian market." Emphasizing future outlook, Mr. Saboo said: "With strategic initiatives, operational efficiency, and a vision for innovative products, the company anticipates sustained growth and value maximization for stakeholders in the short to medium term. The company expects to achieve 20-25% sales growth in FY24 with a healthy EBITDA margin of 20-25%." Result PDF Bigbloc Construction Ltd - 540061 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Please find the attached Press release. Bigbloc Construction Ltd - 540061 - Announcement under Regulation 30 (LODR)-Dividend Updates
The Board of Directors has declared Second Interim @10% i.e. Rs. 0.20 per shared of Rs. 2 each