On September 12, 2024, a leading player in the Pre-Engineered Building (PEB) Industry, Interarch Building Products Limited, released its results for the quarter ended June 30, 2024 (Q1 FY25).
Net revenue increased by 3.31% to ₹303 crore compared to ₹294 crore in Q1 FY24. EBITDA (excluding other income) was ₹27.06 crore in Q1 FY25, up from ₹25.18 crore in Q1 FY24, representing a 7.45% YoY increase, driven by improved realisation. EBITDA margin for the quarter was 8.92%. Profit after tax for the first quarter was ₹20.3 crore, compared to ₹19.4 crore in Q1 FY24.
During the quarter, Interarch Building Products inaugurated its 5th State-of-the-Art PEB Manufacturing plant (4th fully integrated unit) in Athivaram, Andhra Pradesh. The company further added that the plant will add 60,000 MT per annum over 2 phases, increasing the overall installed capacity to 2 Lac MT per annum and creating job opportunities for 750 personnel in the region.
Commenting on the company’s performance, Mr Arvind Nanda, Managing Director, Interarch Building Products Ltd, said, “During the first quarter of the financial year 2025, we registered a revenue of ₹303.4 crores as against₹293.7 crores in the corresponding quarter of the previous year, reflecting a year-on-year growth of 3.3%. Profit grew by 8.92%, and the order book as at the end of August 24 stands at a robust ₹1350 Cr.”
He further added, “We have successfully inaugurated our 5th state-of-the-art PEB (Pre-Engineered Building) manufacturing plant in Athivaram, Andhra Pradesh. This marks the company’s 4th fully integrated unit, designed to enhance production capabilities significantly. The new plant, set to increase installed capacity by 60,000 MT per annum over two phases, will raise the company’s overall installed capacity to 2 Lac MT per annum. In addition to bolstering production, the plant will also create employment opportunities for 750 individuals in the region, contributing to local economic development.”
“We expect to maintain a similar growth trajectory, leveraging our strong product offerings and market position. Our focus remains on sustaining a well-balanced business mix, while our strategic priorities are centred on maintaining profitability and delivering long-term value to our stakeholders,” stated Mr Arvind Nanda.
Commencing its operation in 1983, Interarch Building Products Limited is one of the leading turnkey pre-engineered steel construction solution providers in India with integrated facilities for design and engineering, manufacturing, on-site project management capabilities for the installation and erection of pre-engineered steel buildings.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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