Interarch Building Products to double income to Rs 25 billion by 2028

11 Nov 2024 CW Team

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 an our fifth fully integrated plant, probably starting next year," Nanda said.

The company had in September announced the acquisition of 51,926 sq mt land in Gujarat, procured at an investment of Rs 70 million.

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.

The company's total order book stood at Rs 13.03 billion as on October 29. (Business Standard)

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..