Shares of Interarch Building Products Ltd. rallied 13%, reaching a day’s high of Rs 1,347.80 on 20th September, after the company announced securing new orders worth Rs 633.5 crore in FY25. The company’s order book stood at Rs 1,350 crore as of 14th September, according to an exchange filing.
In Q1 FY25, the company secured new orders worth Rs 341 crore, including notable contracts from Reliance Industries for Rs 114 crore and Ampin Solar for Rs 60 crore. Other significant orders came from IDVB Recycling, SMCC Construction, Uttam Bharat, Pinnacle Industries, Dantal Hydraulic, Vinplex Logistics, Brit Logistics, Tata Advanced Systems, and Beumer India, strengthening the company’s order book.
In Q2, as of 14th September, Interarch Building Products added contracts worth Rs 293 crore, including Rs 50 crore in orders from Amara Raja Infra.
The company secured additional orders from Ashok Leyland (Rs 26 crore), Brit Logistics (Rs 19 crore), Maccabee India (Rs 12 crore), and Shree Sai Ganesh (Rs 11 crore).
Arvind Nanda, MD of Interarch Building Products, highlighted their ability to deliver high-quality pre-engineered building solutions across sectors like automotive, renewables, and semiconductors. He emphasised their commitment to expanding into new sectors and providing value-driven solutions.
Nanda mentioned the company’s goal to achieve 15% revenue growth this year, targeting Rs 1,450-1,500 crore, with a 20% growth target for FY26. Interarch also inaugurated a new pre-engineered building manufacturing plant in Attivaram, Andhra Pradesh, adding 60,000 metric tonnes (MT) annually, bringing their total installed capacity to 200,000 MT per year.
At 3:11 PM, the shares of Interarch Building were trading 12.44% higher at Rs 1,328.50 on NSE.
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