Mumbai: Interarch Building Products Limited (BSE Code: 544232) (NSE: INTERARCH), a leading player in the Pre-Engineered Building (PEB) Industry, announced its unaudited financial results for the quarter and nine months ending 31st December 2024.
Consolidated Financial Summary:
Particulars (INR Cr.) |
Q3FY25 |
Q3FY24 |
YoY (%) |
9MFY25 |
9MFY24 |
YoY (%) |
Revenue from operations |
363.6 |
316.3 |
15.0% |
990.3 |
907.8 |
9.1% |
EBITDA (excl. other income) |
35.1 |
27.5 |
27.6% |
87.9 |
73.4 |
19.7% |
EBITDA Margin |
9.7% |
8.7% |
100 bps |
8.9% |
8.1% |
80 bps |
PAT |
28.2 |
22.0 |
28.2% |
69.4 |
56.6 |
22.6% |
PAT Margin |
7.8% |
7.0% |
80 bps |
7.0% |
6.2% |
80 bps |
Basic EPS |
16.94 |
15.26 |
|
44.92 |
38.23 |
|
Consolidated Q3FY25 Financial Performance:
- Net revenue growth of 15.0% to INR 364 Cr. in Q3 FY25 as compared to INR 316 Cr. in Q3 FY24.
- EBITDA (excluding other income) was INR 35 Cr. in Q3 FY25 as against INR 28 Cr. in Q3 FY24, YoY growth of 27.6%.
- EBITDA Margin for the quarter stood at 9.7% in Q3 FY25.
- Profit After Tax for the third quarter stood at INR 28 Cr. in Q3 FY25 as against INR 22 Cr. in Q3 FY24.
- Total order book as on January 31, 2025 stands at INR 1,305 Cr.
Commenting on the company`s performance, Mr. Arvind Nanda, Managing Director, Interarch Building Products Ltd., said “We are pleased to report strong business growth in the third quarter of FY25, driven by higher volumes and improved order execution. Total revenue increased by 15.0% YoY to INR 364 Cr., leading to a 27.6% YoY rise in EBITDA and a 28.2% growth in PAT. Based on our inquiries and pipeline, we anticipate revenue growth of around 10% majorly driven by decent volume growth for the current financial year i.e FY25 and followed by 10-15% for the next fiscal year i.e FY26.
This quarter marks a significant milestone with our strategic partnership with Jindal Steel and Power to transform India`s urban infrastructure. Together, we aim to position steel as the preferred material for multi- story buildings, data centers, and heavy structures. Through this collaboration, we strive to drive innovation in the construction industry by promoting sustainable and efficient urban development practices.
Our Phase-1 of the 5th PEB manufacturing unit in Athivaram, Andhra Pradesh, is ramping up smoothly. The planned capacity expansions at Athivaram, Andhra Pradesh (Phase-2) and Kiccha, Uttarakhand are progressing as scheduled and are set to become operational in the first quarter of FY26. Upon completion, these expansions will contribute an additional 40,000 MT to our existing installed capacity of 1,61,000 MT, bringing the total installed capacity to approximately 2,00,000 MT. This expansion reinforces our commitment to setting new industry benchmarks in quality, innovation, and customer satisfaction.
Additionally, with our land in Gujarat, we aim to enhance production capabilities and meet the rising demand for high-quality pre-engineered building solutions in key markets. Customer satisfaction remains our top priority, and this development is a significant step toward achieving that goal.
Our order pipeline remains strong, complemented by a zero-debt status and a net cash-positive position, driven by an efficient working capital cycle and robust cash flow generation. Looking ahead, we are committed to sustaining our growth trajectory and have set an ambitious goal of doubling our revenue over the next 3-4 years.