InterIarch 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 first quarter ended 30th June 2024.
Consolidated Financial Summary:
Particulars (INR Crores) | Q1FY25 | Q1FY24 | YoY (%) | Q4FY24 | QoQ (%) | FY24 |
Revenue from operations | 303.4 | 293.7 | 3.31% | 385.5 | (21.29%) | 1,293.3 |
EBITDA (excl. other income) | 27.1 | 25.2 | 7.45% | 37.8 | (28.38%) | 113.0 |
EBITDA Margin | 8.92% | 8.57% | 35bps | 9.80% | (88bps) | 8.74% |
PAT | 20.3 | 19.4 | 4.56% | 29.7 | (31.71%) | 86.3 |
PAT Margin | 6.68% | 6.60% | 8bps | 7.70% | (102)bps | 6.67% |
Basic EPS | 14.07 | 12.93 | 20.60 | 59.84 |
Consolidated Q1FY25 Financial Performance:
- Net revenue growth of 31% to INR 303 Cr compared to INR 294 Cr in Q1 FY24.
- EBITDA (excluding other income) was INR 27.06 Cr in Q1 FY25 as against INR 25.18 Cr in Q1 FY24, YoY growth of45% this was led by better realization.
- EBITDA Margin for the quarter stood at 92%
- Profit After Tax for the first quarter stood at INR 3 Cr as against INR 19.4 Cr in Q1 FY24.
Q1 FY25 Operational highlights:
- The company inaugurated its 5th State-of-the-Art PEB Manufacturing plant (4th fully integrated unit) in Athivaram, Andhra Pradesh
- The plant will add 60,000 MT per annum over 2 phases, increasing the overall installed capacity to 2 Lac MT per annum
- The plant will create 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 Rs. 303.4 crores as against Rs. 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 order book as at end of August 24 stands at a robust 1350 Cr.
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 centered on maintaining profitability and delivering long-term value to our stakeholders.”