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Bigbloc Construction Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 46 % in YoY and increased by 10.51 % in QoQ

May 10, 2024May 10, 2024| adminadmin| 0 Comments| 1:45 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 46 % in the past year, substantial increase in net sales/revenue by 10.51 %.
  • Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 447.14 %. Marginal increase in other income during this quarter, up by 12666.67%.
  • Profit over the Year and quarter: Significant improvement in profitability for Bigbloc Construction Limited. Notable increase of 55.66 % in net profit Year to Year, Bigbloc Construction Limited’s profitability increased by 0.31 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 54.43 % Year to Year. EPS increased by 0 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Bigbloc Construction Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 46.545 Cr Rs. 61.494 Cr Rs. 67.954 Cr + 10.51 % + 46 %
Expenses Rs. 35.94 Cr Rs. 45.39 Cr Rs. 55.41 Cr + 22.08 % + 54.17 %
Operating Profit Rs. 10.61 Cr Rs. 16.1 Cr Rs. 12.54 Cr -22.11 % + 18.19 %
OPM % 22.8 % 26.18 % 18.45 % -7.73 % -4.35 %
Other Income Rs. 0.7 Cr Rs. 0.03 Cr Rs. 3.83 Cr + 12666.67 % + 447.14 %
Interest Rs. 1.27 Cr Rs. 2.07 Cr Rs. 2.35 Cr + 13.53 % + 85.04 %
Depreciation Rs. 1.6 Cr Rs. 2.68 Cr Rs. 2.72 Cr + 1.49 % + 70 %
Profit before tax Rs. 8.44 Cr Rs. 11.38 Cr Rs. 11.3 Cr -0.7 % + 33.89 %
Tax % 34.07 % 24.3 % 23.51 % -0.79 % -10.56 %
Net Profit Rs. 5.56 Cr Rs. 8.62 Cr Rs. 8.65 Cr + 0.35 % + 55.58 %
EPS in Rs Rs. 0.79 Rs. 1.22 Rs. 1.22 + 0 % + 54.43 %


Today, we’re looking at Bigbloc Construction Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 46 %. However, it did see a marginal increase of 10.51 % from the previous quarter. Expenses ticked up slightly by 22.08 % quarter-on-quarter, aligning with the annual rise of 54.17 %. Operating profit, while up 18.19 % compared to last year, faced a quarter-on-quarter dip of -22.11 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -4.35 %, but a shrinkage of -7.73 % sequentially. Other income rose by 12666.67 % compared to the last quarter, despite an annual growth of 447.14 %. Interest expenses surged remarkably by 13.53 % from the previous quarter, yet the year-over-year increase remains at a moderate 85.04 %. Depreciation costs climbed by 1.49 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 70 %. Profit before tax grew annually by 33.89 % but saw a reduction from the preceding quarter by -0.7 %.
Tax expenses as a percentage of profits decreased slightly by -10.56 % compared to last year, with a more notable quarter-on-quarter decrease of -0.79 %. Net profit rose by 55.58 % year-on-year but experienced a 0.35 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 54.43 % but a quarterly rise of 0 %. In summary, Bigbloc Construction Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 46.545 Cr Rs. 61.494 Cr Rs. 67.954 Cr + 10.51 % + 46 %
Expenses Rs. 35.94 Cr Rs. 45.39 Cr Rs. 55.41 Cr + 22.08 % + 54.17 %
Operating Profit Rs. 10.61 Cr Rs. 16.1 Cr Rs. 12.54 Cr -22.11 % + 18.19 %
Net Profit Rs. 5.56 Cr Rs. 8.62 Cr Rs. 8.65 Cr + 0.35 % + 55.58 %
EPS in Rs Rs. 0.79 Rs. 1.22 Rs. 1.22 + 0 % + 54.43 %


In reviewing Bigbloc Construction Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 46 % year-on-year growth, however, there was a minor increase of 10.51 % from the previous quarter. Expenses rose by 54.17 % compared to the previous year, with a 22.08 % increase quarter-on-quarter. Operating Profit surged by 18.19 % annually, and saw a -22.11 % decrease from the last quarter.
Net Profit showed yearly increase of 55.58 %, and experienced a 0.35 % increase from the previous quarter. Earnings Per Share (EPS) rose by 54.43 % annually, however rose by 0 % compared to the last quarter. In essence, while Bigbloc Construction Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.

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