Bigbloc Construction Ltd · NSE:BIGBLOC
Bigbloc Construction — Q1 FY23 Earnings Presentation
37 slides from Bigbloc Construction's earnings presentation, Jul 27, 2022
Slide 1: Cover letter to stock exchanges
I BIGBLOC CONSTRUCTION LIMITED m , , L&Mr> ~ 2 n ~ e ~ ~ l w ~ CIM NO. :L452DM;,l2015PLC083577 a e h m e u Regd, Off. :Bill-B, 'A' Wing, InternationalTrade Centre, Majura liate, Ring Road, Surat-395 002. (Ph.) : t93-261-2465263,2463262,2463263 (F) :4 1 -261-2463264 (E) . bibl0ckronmEtlonlt~gmail.~mV
Slide 2: Bigbloc Construction Limited Investor Presentation Q1 FY23
BIGBLOC CONSTRUCTION LIMITED Investor Presentation Q1 FY23
Slide 3: Table of Contents
TABLE OF CONTENTS 03 INDUSTRY OVERVIEW 07 COMPANY OVERVIEW 28 FINANCIALS
Slide 4: Market Size Opportunity
MARKET SIZE OPPORTUNITY The global autoclaved aerated concrete (AAC) India is the second largest block manufacturer in the world after China. Indian block industry is market is expected to witness a CAGR of 5.3% and almost entirely unorganized and characterized by the presence of large number of sma
Slide 5: Growth Drivers for Acceleration
GROWTH DRIVERS FOR ACCELERATION With increasing regional government projects and expanding real-estate industry, demand for autoclaved aerated concrete is expected to see an upsurge. Projects such as Pradhan Mantri Awas Yojana, Police Housing, Kanya Shiksha Parishar, etc. where the Government has ma
Slide 6: Economic and Real Estate Outlook Post COVID-19
ECONOMIC AND REAL ESTATE OUTLOOK POST COVID -19 Rise in income – levels and favourable demographics (66% of Indian Population is less than 35years of age) has led to best Affordability in the last 25 years. 5 Investor Presentation Q1 FY23
Slide 7: Indian Real Estate Outlook for 2022
INDIAN REAL ESTATE OUTLOOK FOR 2022 2 4 6 8 1 The Indian real 3 5 7 In 2022, estate sector will With rising momentum is Being third-largest The sector is set to reach a market size material cost, Due to factors such projected in the The Cabinet has sector to bring about experience around of $1 trill
Slide 8: Introduction to the Group
INTRODUCTION TO THE GROUP Second Generation of the SABOO family Second largest blocks 40 Years of rich Established as a Now, diversified in manufacturing is Qualified CA and Promoted by the experience in Textile Manufacturing Block manufacturing operational capacity in MBA, bringing SABOO Family div
Slide 9: Company Overview, Mission, Vision and Core Values
COMPANY OVERVIEW, MISSION, VISION AND CORE VALUES On 17th June, 2015, Bigbloc Construction Limited was incorporated under the “Our value-centric approach is key to our success.” Companies Act, 2013 in Gujarat. The Company is engaged in the manufacturing business of building AAC (Aerated Autoclave Co
Slide 10: Bigbloc at a Glance
BIGBLOC AT A GLANCE Incorporated Listed – Business – Building Brand - NXTBLOC 2 – Factories 100+Realtors 2015 NSE (BIGBLOC); Blocks; AAC (Aerated BSE (540061) Autoclave Concrete) Bricks Consolidated Supply Chain – 500 - Workers 150+ Member Amongst the First in Revenues - >$20Mn Across 9 Cities and 4
Slide 11: Our Journey Over the Years
OUR JOURNEY OVER THE YEARS Bigbloc Construction Limited has increased production Capacity in its Wholly owned Subsidiary Company Starbigbloc Building Commenced New AAC Expanded Material Private Limited from Commenced First AAC Block Block manufacturing unit Listing to All 2,00,000 Cubic Meter to uni
Slide 12: What Makes Us Unique
WHAT MAKES US UNIQUE Strong Network The A Team to of Contractors for setup and operate quick and fast the Plants installation of 01 02 Factories Expertise in acquiring land, Strong Team obtaining approvals at AAC plant and setting up the plants. During last to undertake Production, 03 04 one decade,
Slide 13: Strategically Located Plant at Umargaon
ENHANCING MANUFACTURING CAPABILITIES WITH… Strategically Located Plant At Vapi Our current capacity to produce AAC The Plant is 8 years stands at old and it is Gujarat 3,25,000 m3/annum. managed efficiently. India Manufacturing Our plant can The Capacity utilization Facilities is located at produce
Slide 14: Strategically Located Plant at Kapadvanj
ENHANCING MANUFACTURING CAPABILITIES WITH… Strategically Located Plant At Ahmedabad Our current capacity to produce AAC stands at 2,50,000 m3/annum. Madhya Pradesh Starbigbloc Building Material Our Manufacturing Facilities Private Limited (Formerly known are strategically located at India Rajasthan
Slide 15: Upcoming Greenfield Project in Palghar
UPCOMING GREENFIELD PROJECT OF AAC BLOCKS IN PALGHAR DISTRICT PALGHAR Capex ~Rs. 75 Capacity 60% subsidy from Eligible for 5,00,000 cbm p.a. crore (mix of debt carbon credits State Government & equity) WADA Additional upcoming Current capacity at capacity existing plants Ahmedabad - 3,00,000 cbm p.a
Slide 16: Manufacturing Process
MANUFACTURING PROCESS 1. Raw Fly Ash Materials 2. Cement 3. Lime 4. Raw Materials mixed D) AAC is shrink 8. wrapped and placed Cake is ready on pallets to cut AUTOC LAVE A) Cake is cut into blocks or C) Cured AAC B) Uncurred AAC panels and waste is removed from autoclave placed in autoclave under re
Slide 17: Emphasis of AAC Blocks
EMPHASIS OF AAC BLOCKS Sound Proof We are the largest Thermal Insulation manufacturer of AAC blocks in We are focusing on western India and exploring opportunities Earthquake Resistant second largest in to export panels to India. Sri-Lanka, UAE and other nearby countries. Floor Space Area We are the
Slide 18: AAC Blocks vs Brick Comparison Chart
AAC BLOCKS vs BRICK COMPARISON CHART AAC Vs Brick 6,000 6,000 5,500 5,266 5,250 5,500 5,000 5,000 4,500 3,500 4,000 3,075 3,075 3,075 3,100 4,000 2,700 2,700 3,000 4,000 2,400 2,400 3,863 3,900 4,000 1,800 1,800 3,500 2,000 3,383 3,379 3,000 2,919 2,856 1,000 2,758 2,692 2,650 2,500 2,450 2,400 2,45
Slide 19: Joint Venture with SCG International
JOINT VENTURE WITH SCG INTERNATIONAL CORPORATION CO. LTD. “ Mr. Narayan Saboo, Chairman, BigBloc Construction commented on the JV,” It is a great honor for us and we are very excited to sign this JV with Siam cement group and welcome them to a country like India for their first capital investment. M
Slide 20: Collaborating from Strength to Strength
COLLABORATING FROM STRENGTH TO STRENGTH SCG Bigbloc 01 Established in 1913, since then SCG, has gone on to become a 01 4 Decades of Business Vintage, promoted by Saboo Family leading business conglomerate in the ASEAN region The second generation entrepreneurs currently manage the 02 One of the larg
Slide 21: ALC Panels
ALC PANELS ALC Panel or Autoclaved Lightweight Aerated Concrete panel is composite material consists of cement, lime, and silica sand. These panels use two-way welded steel mesh as reinforcement Reinforcements are then treated with anti-rust liquid. ALC panels are manufactured at high temperatures a
Slide 22: We Aim for a Sustainable Future
WE AIM FOR A SUSTAINABLE FUTURE… Enhance customer base in Western India, where Bigbloc leverages Expand Customer Base significant customer Relationships Penetrate New Markets To look after new opportunities on a Pan India basis to cater the growing demand To further increase the product basket which
Slide 23: Excelling Relationships with Diversified Strategies
EXCELLING RELATIONSHIPS WITH DIVERSIFIED STRATEGIES Key Marquee clients Sr. Name Description 01 B2B Marketing India’s Biggest Realtor who did a $500Mn IPO on the exchanges, Lodha Constructed one of the marquee and tallest tower of South Mumbai, 1 Developers Current Portfolio of 5 Mn Sq Ft. 02 Less d
Slide 24: Strong Client Base - 100+ Builders
STRONG CLIENT BASE- 100+ BUILDERS 23 Investor Presentation Q1 FY23
Slide 25: Marketing and Supplies
MARKETING AND SUPPLIES DEVELOPER SUPPLIES • Supplies to Marquee Developers for Direct Consumption in the CEMENT COMPANIES AS OEM Project. • In India, Cement Companies like ACC & Ambuja (Owned by Adani • It is direct Sales and not Channel Sales. Group) are our regular customers for Blocks. • We have
Slide 26: Marquee Projects
MARQUEE PROJECTS LODHA PALAVA KANAKIA GROUP L&T LODHA GROUP REGENCY GROUP Township Rainforest Crescent Bay World One Regency Sarvam All are amongst top 10 at Mumbai, Lodha World One is the Tallest tower in south Mumbai Regency is the biggest MIG township in North Mumbai Rainforest is one of th
Slide 27: Board of Directors
BOARD OF DIRECTORS Mr. Narayan Sitaram Saboo Mr. Naresh Sitaram Saboo Mr. Mohit Narayan Saboo Mr. Manish Saboo Chairman & Executive Director Managing Director Director & CFO Marketing & Strategy 34 years of experience in management Experience of 25 years in Textile Experience of 7 years in Corporate
Slide 28: Board of Directors
BOARD OF DIRECTORS Mr Sachit Gandhi, Ms Samiksha Nandwani, Mr Dishant Jariwala, Mr Tejas Dhoot, Independent Director Independent Director Independent Director Senior Executive A Qualified Chartered Accountant. He She is a Bachelors in Business He is a chemical engineer with 5 years He oversees produ
Slide 29: Consolidated Business Performance for Q1FY23
CONSOLIDATED BUSINESS PERFORMANCE FOR Q1FY23 Revenue (in lakhs) EBITDA (in lakhs) PAT (in lakhs) 97% 268% 589% 5,554 1,40 0 1,227 843 1,00 0 5,50 0 1,20 0 900 5,00 0 800 4,50 0 1,00 0 700 4,00 0 800 600 2,825 3,50 0 500 600 3,00 0 333 400 2,50 0 122 400 300 2,00 0 200 200 1,50 0 100 1,00 0 - - Q1FY2
Slide 30: Consolidated Business Performance for FY22
CONSOLIDATED BUSINESS PERFORMANCE FOR FY22 Revenue (in lakhs) EBITDA (in lakhs) PAT (in lakhs) 70% 125% 551% 2,770 17,522 3,00 0 20,0 00 18,0 00 16,0 00 2,50 0 1,80 0 1,608 1,60 0 14,0 00 10,296 2,00 0 1,40 0 12,0 00 1,229 1,20 0 10,0 00 1,50 0 1,00 0 8,00 0 800 1,00 0 6,00 0 247 600 4,00 0 400 500
Slide 31: Standalone Financial Performance for Q1 FY23
STANDALONE FINANCIAL PERFORMANCE FOR Q1 FY23 Standalone Particulars Rs. in Lakhs Q1 FY23 Q1 FY22 YoY FY22 FY21 YoY Revenue from Operations 3,143.23 1,775.21 77% 10,351.16 5,548.15 87% Other Income 0.81 49.21 110.69 217.46 Total Income 3,144.04 1,824.42 72% 10,461.85 5,765.61 81% Expenses Cost of Mat
Slide 32: Consolidated Financial Performance for Q1 FY23
CONSOLIDATED FINANCIAL PERFORMANCE FOR Q1 FY23 Consolidated Particulars Rs. in Lakhs Q1 FY23 Q1 FY22 YoY FY22 FY21 YoY Revenue from Operations 5,554.33 2,825.47 97% 17,522.34 10,296.36 70% Other Income 5.69 31.32 55.90 17.87 Total Income 5,560.02 2,856.79 17,578.24 10,314.23 Expenses Cost of Materia
Slide 33: Annual Consolidated Trend for Last 4 Years
ANNUAL CONSOLIDATED TREND FOR LAST 4 YEARS Revenue (in lakhs) EPS 17,522 2.27 11,879 10,008 10,296 0.35 0.35 -0.20 FY19 FY20 FY21 FY22 FY19 FY20 FY21 FY22 EBITDA & EBITDA Margin (%) PAT & PAT Margin (%) 7.18% 8.98% 11.94% 15.81% -1.40% 2.07% 2.40% 9.18% Margin 3,50 0 Margin 3,00 0 2,770 1,608 2,50 0
Slide 34: Annual Consolidated Trend for Last 4 Years
ANNUAL CONSOLIDATED TREND FOR LAST 4 YEARS BVPS Net Worth (in lakhs) 6.64 4,703 4.52 3,198 4.22 2,986 3.87 2,740 FY19 FY20 FY21 FY22 FY19 FY20 FY21 FY22 33 Investor Presentation Q1 FY23
Slide 35: Annual Consolidated Trend for Last 4 Years
ANNUAL CONSOLIDATED TREND FOR LAST 4 YEARS Return on Assets (%) & Return on Equity (%) Debt to Equity (x) 34.20 FY22 0.91 7.72 8.23 16 FY21 1.91 14 (5.11) 14.11 12 10 8 FY20 1.82 6 2.31 2.17 FY19 1.91 4 2 0 -1.37 -2 FY19 FY20 FY21 FY22 -4 ROE ROA 34 Investor Presentation Q1 FY23
Slide 36: Corporate & Shareholding Information
CORPORATE & SHAERHOLDING INFORMATION Shareholding Pattern (as on 30th June, 2022) Stock Data Market Cap as on 30th June, 2022 ₹ 783 Cr. Others Stock Price as on 30th June, 2022 ₹ 110.55 28% 52 Week (High / Low) ₹ 20.43/151.30 NSE / BSE – Symbol BIGBLOC /540061 Promoters 72% No. of Shares Outstanding
Slide 37: Thank You
BIG BLOC CONSTRUCTION LIMITED 6th Floor, A/601-B, International Trade Centre, Majura Gate, Ring Road, Surat 395002 (Gujarat) +91 261 2463261 BigBlockconstructionltd@gmail.com S-Ancial Technologies Pvt. Ltd. (Investor Relations) 215, Shivshakti Industrial Estate, J. R. Boricha Marg, Lower Parel (E),