Interarch Jumps 6% on ₹300 cr Tyre Plant Order in Gujarat
In a significant development, Interarch Building Products Limited, a small-cap firm providing pre-engineered building solutions, has bagged India’s largest-ever single pre-engineered building (PEB) order worth ₹300 crore. This remarkable achievement has sent the company’s shares soaring, jumping 6% to an intraday high of ₹1,835. The order is for a massive tyre manufacturing facility in Gujarat, covering an area of 3 million square feet, and is expected to be completed by FY 2025-26.
Interarch Building Products Limited is a leading provider of pre-engineered building solutions, offering a wide range of products and services to various industries, including manufacturing, logistics, and infrastructure. The company’s portfolio includes PEB structures, sandwich panels, and other related products. With this massive order from the tyre manufacturing facility in Gujarat, Interarch is set to capitalize on the growing demand for PEB solutions in the country.
The tyre manufacturing facility, which is expected to be completed by FY 2025-26, is a significant project that showcases Interarch’s capabilities and expertise in providing complex PEB solutions. The facility will be built on a sprawling 3 million square feet area, making it one of the largest tyre manufacturing facilities in India.
Interarch’s ability to secure this massive order is a testament to its strong reputation in the industry, its commitment to delivering high-quality products and services, and its ability to adapt to the changing needs of its clients. The company’s focus on innovation, sustainability, and customer satisfaction has enabled it to build a strong presence in the market, making it an attractive option for clients seeking PEB solutions.
The tyre manufacturing industry is a significant contributor to India’s economy, and the demand for PEB solutions is expected to grow in the coming years. Interarch’s ability to capitalize on this trend is expected to drive its growth and profitability in the future.
In addition to the tyre manufacturing facility, Interarch has also received orders from other industries, including logistics, manufacturing, and infrastructure. The company’s diversified portfolio and extensive experience in providing PEB solutions make it an attractive option for clients across various sectors.
Interarch’s financial performance has been impressive in recent years, with the company reporting strong growth in revenue and profitability. The company’s revenue has grown at a compound annual growth rate (CAGR) of 20% over the past three years, while its profit after tax has grown at a CAGR of 25%.
The company’s strong financial performance, combined with its ability to secure large orders, makes it an attractive option for investors seeking exposure to the PEB industry. The 6% jump in Interarch’s shares following the announcement of the tyre manufacturing facility order is a testament to the confidence of investors in the company’s growth prospects.
In conclusion, Interarch Building Products Limited’s bagging of India’s largest-ever single PEB order worth ₹300 crore is a significant achievement that highlights the company’s expertise and capabilities in providing complex PEB solutions. The order is a testament to Interarch’s strong reputation in the industry and its ability to adapt to the changing needs of its clients. With its focus on innovation, sustainability, and customer satisfaction, Interarch is well-positioned to capitalize on the growing demand for PEB solutions in India and drive its growth and profitability in the future.
