Interarch Building Solutions bags ₹130 crore order for pre-engineered steel building system

Interarch Building Solutions Ltd on Tuesday (January 13) said it has secured a domestic order from a customer, with the name withheld due to confidentiality and commercial considerations. The company has received a letter of intent for the order.

The contract involves complete design, engineering, manufacturing, supply, and erection of a pre-engineered steel building system. The order is to be executed over a period of 17 months and includes an advance payment of 10% along with the order.

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The total size of the order is approximately ₹130 crore, inclusive of taxes. The company stated that the order has been awarded by a domestic entity. Interarch clarified that neither the promoter nor the promoter group has any interest in the entity awarding the contract.

Second Quarter Results

Interarch's revenue increased by 52% from last year to ₹491.1 crore, while its Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased to ₹41.7 crore, which is a 65% jump from the ₹25.3 crore it reported during the same quarter last year. EBITDA margin for the quarter has expanded by 70 basis points to 8.5% from 7.8% last year.

In an interaction with CNBC-TV18 on October 12, Manish Garg of Interarch Building Solutions said that he maintains the company's growth guidance of 17.5% for the financial year 2026. Garg also said that demand is very robust on the ground and that margins will improve further going forward.

Also Read: Interarch Building Products eyes 20% revenue growth in FY26 on strong order book

Shares of Interarch Building Solutions Ltd ended at ₹2,094.00, down by ₹63.30, or 2.93%, on the BSE.