StarBigBloc Building Material Ltd Secures Approvals for India’s Largest AAC Blocks Plant in Indore, MP

Mr. Mohit Saboo, Director and Chief Financial Officer, Bigbloc Construction Ltd, said, “We are happy to receive all the necessary approvals for the new plant in Madhya Pradesh and plan to start the work on the same soon. The AAC block industry is set to play a pivotal role in India’s construction sector, and our company is ready for a significant leap forward. The proposed expansion in Indore, Madhya Pradesh aligns with our growth strategy, focusing on geographic expansion, R&D investments, product diversification, and strategic branding and marketing initiatives to enhance visibility, increase market share, and strengthen stakeholder trust.”

BigBloc Construction Ltd has recently diversified into the construction chemicals segment, launching a range of high-demand products including Block Jointing Mortar, Ready Mix Plaster, and Tile Adhesives. Strengthening its presence in this space, the company introduced NXTGRIP Tile Adhesives, complementing its well-established NXTFIX and NXTPLAST brands. These products are engineered to deliver enhanced bonding, durability, and performance — aligning with the company’s commitment to innovation and quality in building solutions.

In May 2024, the Board of Directors of StarBigBloc Building Material Ltd approved a proposal to raise funds through an SME IPO or Preferential Issue, subject to necessary approvals and prevailing market conditions. The proposed fundraising will support the company’s ambitious expansion plans, aimed at increasing its production capacity from the current 250,000 cubic meters per annum to over 1.2 million cubic meters per annum over the next 4–5 years. As part of its growth roadmap, the company is targeting revenues of Rs. 428 crore by FY27–28, with a projected EBITDA of Rs. 125 crore and net profit of Rs. 80 crore. For FY23–24, StarBigBloc reported revenues of Rs. 94.18 crore, reflecting a strong CAGR of over 21% over the past four years — underlining its consistent growth and operational strength.

About BigBloc Construction Ltd

Incorporated in 2015, BigBloc Construction Ltd is one of the largest and only listed AAC block manufacturer in India, with a 1.3 million cbm annual capacity across plants in Gujarat (Kheda, Umargaon, Kapadvanj) and Maharashtra (Wada). The company, which markets its products under the ‘NXTBLOC’ brand, is one of the few in the AAC industry to generate carbon credits. With over 2,000 completed projects and 1,500+ in the pipeline, The company’s clients include Lodha, Adani Realty, IndiaBulls Real Estate, DB Realty, Prestige, Piramal, Oberoi Realty, Tata Projects, Shirke Group, Shapoorji Pallonji Group, Raheja, PSP Projects, L&T, Sunteck, Dosti Group, Purvankara Ltd, DY Patil, Taj Hotels, Godrej Properties, Torrent Pharma, GAIL among others.

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