Slow adoption of wall panels
Wall panel utilization is only ~10%, and reaching 30-40% may take 3-4 quarters, limiting near-term contribution from this segment.
BIGBLOC / Q3-FY26 / risks
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Bigbloc Construction · Material risks, their source context, and severity in the latest available quarter.
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medium
Auditor qualification on Ind AS 19 compliance
Auditor noted non-compliance with Ind AS 19 for employee benefits; management says annual valuation will be done, but impact is unclear.
Carbon credit issuance delays
Pending carbon credits of 100,000-150,000 are delayed due to additional audits; slow carbon markets reduce incentive to expedite.
Competition and pricing pressure in AAC blocks
Increased competition led to margin compression in the past; while utilization is improving, pricing power remains a risk.