Earnings Call Transcript for the Conference Call held on 10th August, 2026

13th August, 2026 To, To, BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, BLOCK G, Dalal Street,Fort Bandra-Kurla Complex, Bandra (E) Mumbai - 400001 Mumbai - 400051 Script Code: 540061 Symbol: BIGBLOC ISIN: INE412U01025 ISIN: INE412U01025 Subject: Transcript of Earnings Conference Call for Q1 FY27 financial results held on 10th August, 2026 Dear Sir/Madam, Pursuant to Regulation 30 and 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we hereby enclose the transcript of the Earnings conference call held on Monday, 10th August, 2026 to discuss on Q1 FY27 financial results and business outlook of the Company. The above information will also be made available on the website of the Company: www.bigbloc.in You are requested to take the above information on record. Thanking you. Yours Faithfully, For Bigbloc Construction Limited, Mohit Narayan Saboo Director & CFO DIN: 02357431 Encl.: as above Bigbloc Construction Limited Q1 FY’27 Earnings Conference Call August 10, 2026 Moderator: Good day and welcome to the Bigbloc Construction Limited Q1 FY’2027 Earnings Conference Call hosted by Valorem Advisors. As a reminder, all participants’ lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing “*” then “0” on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Ms. Purvangi Jain from Valorem Advisors. Thank you and over to you ma'am. Purvangi Jain: Thank you. Good afternoon everyone and a very warm welcome to you all. My name is Purvangi Jain from Valorem Advisors. We represent the investor relations of Bigbloc Construction Limited. On behalf of the company, I would like to thank you all for participating in the company's Earnings Call for the 1st Quarter of the Financial Year 2027. Before I begin, a short cautionary statement: Some of the statements made in today's earnings conference call may be forward looking in nature. Such forward looking statements are subject to risks and uncertainties which could cause actual results to differ from those anticipated. Such statements are based on Management's belief as well as assumptions made by and information currently available to the Management. Audiences are cautioned not to place any undue reliance on these forward looking statements in making any investment decisions. The purpose of today's conference call is purely to educate and bring awareness about the company's fundamental business and financial performance for the period under review. Now, I would like to introduce you to the Management participating with us in today's Earnings Call and hand it over to them for opening remarks. We have with us Mr. Mohit Saboo – Director and Chief Financial Officer and Mr. Manish Saboo, Promoter. Without any delay, I request Mr. Mohit Saboo to give his opening remarks. Thank you and over to you sir. Page 1 of 18 Mohit Saboo: Thank you Purvangi. Good afternoon, everyone and thank you for joining us today for the Bigbloc Construction Limited's Earnings Conference Call for the 1st Quarter of Financial Year 2027. We are pleased to begin FY’27 on a strong and encouraging note. The 1st Quarter marks an important inflection point for Bigbloc as the investment and capacity expansion undertaken over the past two years are now beginning to translate into higher utilization, stronger operating leverage and a meaningful improvement in operating performance. Over the last several years, we have transformed ourselves from a regional AAC block manufacturer into a diversified green building materials company. During this period, we have significantly expanded our manufacturing footprint, diversified our product portfolio and built a stronger platform to serve the evolving needs of the construction industry. Our revenue has nearly tripled over the last seven years, reflecting both the scale we have created and the growing acceptance of our products across our key markets. The last two years, in particular, were an important investment phase for the company. We undertook significant capital expenditure to expand our manufacturing capabilities, upgrade our manufacturing capabilities, strengthen our market presence and create the capacity required to support our next phase of growth. While this investment phase temporarily impacted, reported profitability through higher depreciation and finance costs, these investments have significantly strengthened our business platform and positioned us to participate in the next phase of industry growth. Importantly, a major capacity expansion cycle is now largely behind us and our focus has therefore shifted from capacity creation to capacity utilization, operational efficiency, cost optimization, cash flow generation and profitable growth. We are already beginning to see the results for the same. During the quarter, we achieved sales volume of 2,21,545 cubic meters, representing a healthy 32% year-on-year growth. In spite of industry-wide labor availability challenges, our plants operated at an average capacity utilization of around 69%, reflecting resilient execution and healthy demand across our key markets. More importantly, we are now approaching operational break-even. As utilization improves to 75% and beyond, we expect operating leverage to strengthen further, resulting in better absorption of fixed costs and a meaningful improvement in our profitability. We believe this marks the beginning of the return phase on the investments made over the past two years. Alongside improving utilization, we are also implementing several initiatives focused on energy efficiency, cost optimization and operational productivity, which we believe can support marginal improvements going forward. Page 2 of 18 During the quarter, approximately 52% of our power requirement was met through solar energy. This represents an important step in reducing our dependence on conventional power sources while improving our overall energy efficiency. As the contribution from renewable energy increases, we expect it to support our cost optimization and sustainability objectives over the coming periods. We are also progressively introducing electric forklifts across our operations. This initiative is aimed at improving material handling efficiency while reducing fuel maintenance and operating costs. Over time, the increased adoption of electric material handling equipment is expected to contribute positively to our operating efficiencies and margins. Our mortar plant is now operational, further expanding our product portfolio and enabling us to participate in the growing opportunity in the construction chemicals and allied building material solutions. As we scale up the business, we expect it to increasingly contribute to our product mix, revenues and profitability. As a future-driven company, we are continuously adapting our processes and operations to align with the evolving needs of the industry and the environment. As part of this approach, we are implementing measures that will help reduce our overall carbon footprint and improve resource and energy efficiency. Importantly, these initiatives will also have the potential to enable the generation of carbon credits, creating an additional value opportunity for the company while supporting our long-term decarbonization goals and sustainability goals. Moderator: Sorry to interrupt. The line for the Management has been disconnected. Please wait while we reconnect them. Ladies and gentlemen, the line for the Management has been reconnected. Yes sir, please proceed. Mohit Saboo: Sorry for the disconnection. The growth trajectory of the industry remains highly strong and encouraging. The demand continues to be supported by healthy activity in the real estate and infrastructure se [Showing first 8,000 characters — download PDF for full document]