Bigbloc Construction posts strongest-ever Q3 performance on volume growth and margin expansion

Bigbloc Construction Limited, one of India’s leading manufacturers of autoclaved aerated concrete blocks and wall panels, has delivered its strongest quarterly performance to date for the quarter ended December 31, 2025. The results reflect a clear revival in construction activity across key markets and a steady shift towards sustainable and efficient building materials.

During Q3FY26, the company reported revenue from operations of Rs 728 million, registering a year-on-year growth of about 28 percent and a sequential increase of over 8 percent. The growth was primarily driven by higher volumes, with sales touching 214,643 cubic metres, marking a sharp 38 percent rise compared to the same period last year. Improved demand conditions and better utilisation across manufacturing facilities supported this performance.

Operating profitability also showed a notable improvement during the quarter. EBITDA stood at Rs 81 million, up nearly 32 percent year-on-year. EBITDA margins expanded significantly to 11.1 percent, compared with just 2.8 percent in the previous quarter. The margin expansion was aided by operating leverage, better price realisations and improved absorption of fixed costs as volumes increased.

Bigbloc returned to profitability during the quarter, posting a profit after tax of Rs 4 million. Capacity utilisation improved to 67 percent from 62 percent in the previous quarter, indicating a steady pickup in order inflows and execution momentum across its plants.

The company’s AAC wall panel segment continued to gain traction, with utilisation levels improving to 51 percent from 43 percent in Q2FY26. Management highlighted growing enquiries from infrastructure and industrial projects and expressed confidence about further order inflows in the coming quarters.

For the nine-month period ended December 2025, consolidated revenue stood at Rs 1,965 million, reflecting a year-on-year growth of nearly 23 percent. EBITDA for the period reached Rs 112 million, translating into a margin of 5.7 percent. Operationally, the company secured a large purchase order from Larsen and Toubro for AAC blocks, reinforcing acceptance of its products among leading engineering and construction firms.

Bigbloc also made progress on sustainability initiatives, with renewable energy accounting for 36 percent of total power consumption during the quarter. With government-led infrastructure spending, affordable housing push and revival in private real estate development, the company remains well positioned for sustained growth.