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 half year ending 30th September 2024.
Consolidated Financial Summary:
| Particulars (INR Cr.) | Q2FY25 | Q2FY24 | YoY (%) | H1FY25 | H1FY24 | YoY (%) |
| Revenue from operations | 323.3 | 297.8 | 8.5% | 626.7 | 591.5 | 5.9% |
| EBITDA (excl. other income) | 25.2 | 19.2 | 31.7% | 52.3 | 44.3 | 17.9% |
| EBITDA Margin | 7.8% | 6.4% | 137 bps | 8.3% | 7.5% | 85 bps |
| PAT | 20.7 | 15.2 | 36.2% | 41.0 | 34.6 | 18.4% |
| PAT Margin | 6.3% | 5.0% | 126 bps | 6.5% | 5.8% | 67 bps |
| Basic EPS | 13.54 | 10.14 | 27.59 | 23.07 |
Consolidated Q2FY25 Financial Performance:
· Net revenue growth of8.5% to INR 323 Cr. compared to INR 298 Cr. in Q2 FY24.
· EBITDA (excluding other income) was INR 25 Cr. in Q2 FY25 as against INR 19 Cr. in Q2FY24, YoY growth of 31.7%.
· EBITDA Margin for the quarter stood at 7.8%
· Profit After Tax for the second quarter stood at INR 21 Cr. as against INR 15 Cr. in Q2 FY24.
· Total order book as on date stands at INR 1,303 Cr.
Commenting on the company’s performance, Mr. Arvind Nanda, Managing Director, Interarch Building Products Ltd., said “We are pleased to report a steady business growth for the second quarter of FY25 backed by higher volume growth of 17.6% as compared to revenue growth due to softening of steel prices. Total revenue grew by 8.5% on YoY basis to INR 323 Cr. inching our EBITDA and PAT by 32% and 36% respectively on YoY basis. 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.
Our recently commissioned Phase-1 of our 5th PEB manufacturing unit in Athivaram, Andhra Pradesh is ramping up well and the capacity expansion as planned at Andhra Pradesh and Kicha is underway and when ready sometime in the first quarter of FY26 it would add around 40,000 MT installed capacity to already existing 1,61,000 MT , taking the total installed capacity to around 2,00,000MT. With this expansion, we are setting new industry standards in quality, innovation, and customer satisfaction. This new facility not only broadens our geographic reach but also strengthens our commitment to innovation, quality, and sustainability.
Also, recently we have acquired land in Gujarat, which is a significant milestone for us as we continue to expand our operational base across India. With this investment, we aim to boost our production capabilities and cater to the rising demand for high-quality pre-engineered building solutions in key markets. Our endeavor has always been to provide customer delight, and this is a significant step in that direction.
Our balance sheet remains robust, as we maintain a zero-debt status and net cash positive, supported by an efficient working capital cycle and strong cash flow generation. As pioneers in the Pre-Engineered buildings sector, we have excelled over the years, building a trusted customer base and a dependable team that has contributed to our success. Looking ahead, we aim to sustain our growth trajectory and are targeting to double our revenue over the next 3-4 years.”
