Interarch Building Products plans to double turnover to Rs 25 Bn
Real Estate

Interarch Building Products plans to double turnover to Rs 25 Bn

Interarch Building Products, a leading player in the pre-engineered building industry, is planning to double its turnover to Rs 25 billion by 2028, Managing Director Arvind Nanda has said. The company, which got listed recently, clocked a turnover of Rs 12.93 billion in FY24.

Interarch Building Products, which raised Rs 6 billion through the initial public offering (IPO), is planning to use the proceeds for capital expenditures, system upgrades, and general corporate purposes.

"In our existing three plants, we are also trying to enhance capacity by spending some money there and increasing the capacity utilisation," he said.

He further said by building its fourth fully integrated plant in Andhra Pradesh, the company plans to further ramp up its capacity. "We have also bought land in Gujarat, which is going to be a our fifth fully integrated plant, probably starting next year," Nanda said.

The move was part of the company's vision to expand its national footprint and meet the increasing demand for high-quality pre-engineered buildings across the country. The company said it is poised to capitalise on these opportunities.

Interarch has executed several large projects in Gujarat for customers like Asian Paints, Timken, Micron (through Tata Projects Ltd), Asahi Glass, and MG Motors. The company has four fully integrated state-of-the-art manufacturing facilities in Athivaram, Andhra Pradesh; Sriperumbudur in Tamil Nadu; Pantnagar in Uttarakhand; and Kichha in Uttarakhand.

Interarch Building Products, a leading player in the pre-engineered building industry, is planning to double its turnover to Rs 25 billion by 2028, Managing Director Arvind Nanda has said. The company, which got listed recently, clocked a turnover of Rs 12.93 billion in FY24. Interarch Building Products, which raised Rs 6 billion through the initial public offering (IPO), is planning to use the proceeds for capital expenditures, system upgrades, and general corporate purposes. In our existing three plants, we are also trying to enhance capacity by spending some money there and increasing the capacity utilisation, he said. He further said by building its fourth fully integrated plant in Andhra Pradesh, the company plans to further ramp up its capacity. We have also bought land in Gujarat, which is going to be a our fifth fully integrated plant, probably starting next year, Nanda said. The move was part of the company's vision to expand its national footprint and meet the increasing demand for high-quality pre-engineered buildings across the country. The company said it is poised to capitalise on these opportunities. Interarch has executed several large projects in Gujarat for customers like Asian Paints, Timken, Micron (through Tata Projects Ltd), Asahi Glass, and MG Motors. The company has four fully integrated state-of-the-art manufacturing facilities in Athivaram, Andhra Pradesh; Sriperumbudur in Tamil Nadu; Pantnagar in Uttarakhand; and Kichha in Uttarakhand.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement