BigBloc Construction Ltd is positioned as the rising frontrunner in India’s AAC Block industry
BigBloc Construction Limited is one of the largest and only listed company in the AAC Block Space with an installed capacity of 8.25 lakhs cubic meter per annum. Company’s manufacturing plants are located in Umargaon (Vapi) and Kapadvanj (Ahmedabad) in Gujarat and Wada (Palghar) in Maharashtra. It is among very few company in AAC industry to generate carbon credits. Products of the company are sold under brand – NXTBLOC.
Recently, Bigbloc Building Elements Pvt Ltd, wholly owned subsidiary of BigBloc Construction Ltd has initiated work on the 2nd phase of AAC blocks plant at Wada in Palghar, Maharashtra. Company aims to double the production capacity of Wada plant to 5 lakh cubic meter per annum of AAC blocks from existing 2.5 lakh cubic meter per annum.
Company established 2.5 lakh cubic meter per annum capacity of AAC block at Wada in Phase I of the project. In April 2023, the company commenced commercial operations of the plant which is currently operating at 85% capacity utilisation. In Phase 2 of Wada project, company is adding 2.5 lakh cubic meter per annum of AAC block capacity by investing around Rs. 30 crore by mix of internal accruals and debt. Company expects to complete the project within six month.
Post completion of phase 2 of Wada plant, total production capacity of the AAC block plant will increase to 5 lakhs cubic meter. At full capacity, Wada plant is expected to generate annual revenues of Rs. 200 crore per annum. The company is eligible for 60% subsidy from the state government for the Wada project.
In another expansion, SIAM Cement BigBloc Construction Technologies Pvt Ltd a joint venture between Gujarat based BigBloc Construction Ltd and Thailand’s Siam Cement Group (SCG) expects commercial operation of its first plant at Kapadvanj, Gujarat in the next 3-4 months. The joint venture company will manufacture AAC Blocks and ALC panels at the facility and will market its products under the brand name ‘ZMART BUILD’. Total investment in the Kapadvanj project is estimated at Rs. 65 crore. At full capacity the plant is expected to generate revenues of around Rs. 100-125 crore per annum.
In 2021, BigBloc Construction entered into a strategic Joint Venture with Siam Cement Group (SCG) of Thailand for setting up a 3 lakhs cubic meter (CBM) per annum state-of-the-art manufacturing facility for ALC Panels and AAC Blocks at Kapadvanj, Ahmedabad (Gujarat). BigBloc Construction holds 52% in the joint venture company while 48% with SCG. This is SCG Group’s first investment in India.
Mr. Narayan Saboo, the Chairman, Bigbloc Construction Ltd said, “Post completion of the current expansion company’s manufacturing capacity will increase to 13.75 lakhs cubic meter per annum. Company’s strategic growth initiatives, operational efficiency and commitment to launching environment friendly and sustainable building products will contribute healthy growth and maximise value for all stakeholders in the near to medium term.”
Key officials of SCG Group and BigBloc Construction visited the Kapadvanj factory site
Company further plans to introduce Autoclaved Lightweight Aerated Concrete panels which are composite material consisting of cement, lime, and silica sand. These panels use two-way welded steel mesh as reinforcement. These panels are the next-generation versatile green building material that possess superior technical and functional advantages. In addition, company also plans to further increase the product basket which includes Block jointing Mortar, Tile Adhesives and Gypsum Plaster, and other construction chemicals etc.
The Company has executed over 2,000 project so far and has another 1,500 plus in the pipeline. The Company client includes Lodha, Adani Realty, IndiaBulls Real Estate, Prestige, Piramal, Oberoi Realty, Shirke Group, Shapoorji Pallonji Group, Raheja, PSP Projects, L&T, and Sunteck among others.
Bigbloc Construction Limited
Web : www.nxtbloc.in
