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BIGBLOC CONSTRUCTION

Long
NSE:BIGBLOC   BIGBLOC CONSTRUCTI
The company is primarily engaged in manufacture, sale and marketing of AAC (Aerated Autoclaved Concrete) Blocks. These AAC Blocks of the company are marketed in the Brand name of NXTBLOC.

Aerated autoclaved concrete blocks are building materials that offer a combination of strength, low weight, thermal insulation, sound absorption, unsurpassed fire resistance and unprecedented build ability.
AAC is a steam-cured mix of sand or pulverized fuel ash(PFA), cement, lime and aeration agent.
AAC comprises myriads of tiny non-connecting air bubbles which give AAC its incredibly diverse qualities and make it a terrific insulator. AAC is a natural and non-toxic construction material, saves energy, and is environment friendly.
The company is one of the largest AAC Blocks manufacturer in India with 8,25,000 CBM p.a


In Dec,23, their WOS - Bigbloc Building Elements Private Limited initiated expansion of production capacity from 2,50,000 CBM to 5,00,000 CBM; the expansion will be met by mixture of internal accruals and debt and shall be completed within 6 months. Existing capacity utilisation is 85%. The company also has a planned expansion at Kapadvanj, Ahmedabad through a JV for 300,000 CBM. The capex of Rs.75 crs is planned

The company operates in 9 Cities in 4 States and has completed 2000+ projects till date and has 1500+ in pipeline.

The company has 100+ marquee clients including Lodha, HDIL (Housing Development and Infrastructure Limited), Regency Nirman, Mahindra, Larsen & Toubro, Shapoorji Pallonji,etc

In 2021, BigBloc entered into a strategic Joint Venture with Siam Cement Group (SCG) of Thailand with 48% holding with SCG and 52% with BigBloc. SCG, established in 1913 is one of the largest cement and building material companies in Thailand and Southeast Asia and ranks 2nd in 2021 Forbes list. The JV has started capacity building and is expected to commence operations by FY24 with collaborative marketing expenses.

The company plans to further increase the product basket which includes ALC Panels,
Block jointing Mortar, Tile Adhesives and Gypsum Plaster, and other construction chemicals etc

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