Bigbloc Construction Limited — Q3 FY26
Bigbloc Construction delivered its best-ever quarterly revenue of ₹72.8 crore in Q3 FY26, up 28.1% YoY, driven by a 38% surge in sales volume to 214,643 cubic meters.
bullish
high
✓ Verified against BSE filing
Claim Ledger
Did management answer the analysts?
Every material analyst question, graded on whether management actually answered it — with the verbatim exchange and quantitative claims checked against filed numbers.
71%Questions answered2Evaded / deflected12Questions audited
Partial answer
High priority
Have realizations improved and outlook?
Asked by Presen
Management confirmed improvement but gave no specific figure until pressed later.
no specific number given initially
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Question
have the realizations improved uh in the last quarter and how are you looking at it going ahead?
Management
in the last quarter Q3 we have been able to improve our realizations as well and going forward looking at the demand trajectory we might be able to further improve on our realizations.
Answered
Medium priority
What percentage of revenue from construction chemicals?
Asked by Presen
Management provided a clear percentage range.
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Question
can you clarify what percentage of uh the revenue in this quarter was from construction chemicals.
Management
from the construction chemicals around uh 5 to 7% of the revenue was contributed by the construction chemicals
Answered
High priority
What is the average realization increase?
Asked by Presen
Management gave a specific percentage increase.
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Question
So can you give us some flavor as to what are the current prices uh which we are seeing
Management
the average realization has just gone up by around uh 2 to 3%age for this quarter.
Partial answer
High priority
Why did EBITDA increase more than revenue?
Asked by Presen
Management cited utilization and realizations but gave no quantified cost savings.
no specific cost breakdown
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Question
our revenue has increased by only 5 crores uh but our eida has increased by almost 4 crores. So is there something on the cost front as well which has changed?
Management
apart from the increase in revenue there has been an increase in realizations as well and as we improve our utilization levels our operation cost also consequently goes down
Answered
Medium priority
What is capacity utilization at WPI plant?
Asked by Presen
Management provided a specific utilization percentage.
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Question
currently can you let us know what is the capacity utilization in the WPI plant?
Management
for the last quarter I think the WPI plant caps utilization was approximately at around 70%age.
Answered
Medium priority
What are utilization levels at Ahmedabad and Ramsodi plants?
Asked by Ashwat Rajan, Aryan Capital
Management gave specific utilization percentages for both plants.
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Question
I just wanted to understand what kind of utilizations level are we looking at especially in our Ahmedabad and uh Ramsodi plants.
Management
Mnabas plant last quarter caps utilization was around 80 81%age and the Ramo city plant last quarter cap utilization is around 51%age
Answered
Medium priority
Reason for jump in utilization?
Asked by Ashwat Rajan, Aryan Capital
Management provided sequential utilization numbers and explained market penetration.
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Question
any any reason why we see this jump in utilization
Management
Q1 our capacity utilization on a consolidation basis was approximately 53 which went up to 62 in Q2 and 67 in Q3
Answered
Medium priority
Any order book from real estate players?
Asked by Ashwat Rajan, Aryan Capital
Management clearly stated no bulk orders and typical order book duration.
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Question
do we have any ordering activity or any order book that we foresee coming in especially from any real estate player.
Management
we don't have any bulk orders on hand as such. We generally have an order book of around 3 to 5 days
Partial answer
High priority
Why is AC wall panel utilization only 51%?
Asked by Jes, trietra asset managers
Management gave utilization breakdown but did not explain specific adoption barriers.
did not directly address barriers
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Question
the AC wall panel business reached 51% utilization in Q3 ... what are the primary adoption barriers preventing the segment from reaching 60-65%?
Management
panels utilization is so far around 10% and rest 40% utilization is from the block space ... we should be able to keep on improving ... over the next three to four quarters to reach 30 40% plus
Answered
High priority
Expected utilization for FY26 and FY27?
Asked by Ajit Si, Ieko Quantum Solutions
Management provided specific utilization targets for FY26 and FY27.
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Question
what kind of utilization we are expecting to end in FY26 and what kind of utilization we can do in FY27.
Management
for the current year I think we'll close average utilization levels of 63 64% for the entire year. Q4 utilization should be hopefully upwards of Q3 ... for FY27 we intend to reach cap utilizations of almost 70% plus
Evasive
High priority
Expected EBITDA margin for FY26 and FY27?
Asked by Ajit Si, Ieko Quantum Solutions
Management gave a long-term range but did not commit to FY26 or FY27 specifically.
no specific timelinedeferred to future
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Question
what kind of IITA margin you are expecting in FY26 as well as in FY27.
Management
the teida margins of around anywhere around 15 to 20% is easily sustainable in the industry and hopefully we intend to reach those margins in the upcoming quarters.
Evasive
Medium priority
Why non-compliance with Ind AS 19 for employee benefits?
Asked by Shrian Koshik
Management did not quantify the financial impact and deferred to annual accounts.
no estimated impact givenminimized concern
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Question
why hasn't the company approved the post-employment benefits and long-term benefits on the actual basis and what is the estimated financial impact if corrected?
Management
the actual validation we are getting it done on an annual basis and instead of a quarterly basis ... it will be provided in the annual accounts. So we don't see any major impact