INTERARCH
Interarch Building Solutions share price & financials
- Price
- ₹1,900.1
- Market cap
- ₹2.9k Cr
- Sector
- Construction
- Calls analysed
- 7
Interarch Building Solutions Limited Q1 FY27
What went well
- Revenue for Q1 FY27 grew 20.7% YoY to ₹460 crores.
- EBITDA for Q1 FY27 increased 24.6% YoY to ₹39 crores, with EBITDA margin stable at 8.6%.
- Order book stood at ₹1,864 crores as of July 31, 2026, significantly better than three months prior.
What to watch
- PAT remained flat at ₹28 crores due to lower other income, as treasury funds were deployed for capex.
- Q1 revenue of ₹460 crores was lower than Q3/Q4 of the previous year, attributed to seasonal conditions and site clearances.
What Interarch Building Solutions Limited does
Interarch designs, engineers, manufactures and erects pre-engineered steel buildings (PEB) on a turnkey basis, covering the full cycle from estimation and structural design through factory fabrication to on-site installation and erection. Its product range spans PEB primary and secondary steel framing systems, metal roofing and cladding (TRACDEK brand) and suspended metal ceiling systems (TRAC), along with light-gauge steel framing systems. Customers span industrial and manufacturing plants, infrastructure and logistics facilities, data centres, and commercial/residential buildings (marketed as Interarch Life), across India and export markets including Africa, Canada, the USA, Myanmar and Nepal. It has delivered projects such as Delhi Airport's roofing and sheeting, hospital and food-processing facilities, and industrial/logistics parks across multiple Indian states.
Segments
- PEB Contracts
- PEB Sales
- Other Operating Income
- Industry ranking
- 2nd largest integrated PEB player in India by installed capacity
- Installed manufacturing capacity
- 201,000 MTPA across existing facilities
- Utilizable manufacturing capacity
- ~167,500 MTPA
- Manufacturing facilities
- 5 operating plants (Pantnagar & Kiccha, Uttarakhand; two units at Sriperumbudur, Tamil Nadu; Athivaram, Andhra Pradesh) plus 2 under construction (a PEB plant in Gujarat and a heavy-steel-structures plant in Andhra Pradesh)
- Marketing & sales offices
- 8
- Design & engineering centers
- 3 (Noida, Chennai, Hyderabad)
Guidance record · Q1 FY27
what the last two calls moved 19 tracked 3 delivered 1 missed 15 open- Gujarat Plant Commissioning delivered said Q3 FY25 Promised: Operational by June-July 2026 (Q1 FY27) Q1 FY27: Phase 1 of the Gujarat plant started operations on July 9, 2026, meeting the delayed but specified timeline.
- Sales Growth (FY26) delivered said Q3 FY25 Promised: 20% Q1 FY27: Promise for FY26 is complete and not mentioned.
- Turnover Target by FY28 revised up said Q3 FY25 Promised: Double the FY24 figure by FY27-28 Q1 FY27: Revised FY28 target upwards to INR 2,700 crores from INR 2,500 crores.
All 19 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 20.7%, net profit up 0.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 323 | 364 | 464 | 381 | 491 +52% | 523 +44% | 504 +9% | 460 +21% |
| EBITDA | 25 | 35 | 49 | 32 | 42 +68% | 50 +43% | 53 +8% | 39 +22% |
| Net profit | 21 | 28 | 39 | 28 | 32 +52% | 37 +32% | 37 −5% | 28 +0% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −18.8% 1Y
1Y: ₹2,128.1 on 10 Sept 2025 → ₹1,728.2. High ₹2,623.4 (17 Nov 2025), low ₹1,632 (18 May 2026).
How the price took the results
close before → close after
- Q1 FY27
- −4.7%
- 7 Aug
- Q4 FY26
- −12.3%
- 14 May
- Q3 FY26
- +6.6%
- 3 Feb
- Q2 FY26
- +14.9%
- 7 Nov
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Financials, as filed
Revenue grew 21.2% a year over 2 years, FY24 to FY26. Operating margin widened to 9.3%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹1.3k Cr | ₹1.5k Cr | ₹1.9k Cr |
| Operating profit | ₹110 Cr | ₹136 Cr | ₹177 Cr |
| Operating margin | 8.5% | 9.4% | 9.3% |
| Interest | ₹3 Cr | ₹3 Cr | ₹3 Cr |
| Depreciation | ₹8 Cr | ₹11 Cr | ₹14 Cr |
| Net profit | ₹86 Cr | ₹108 Cr | ₹134 Cr |
| Net margin | 6.7% | 7.4% | 7.1% |
| Cash from operations | ₹82 Cr | ₹54 Cr | ₹-19 Cr |
| Free cash flow | ₹57 Cr | ₹-22 Cr | ₹-138 Cr |
| ROCE | 29.0% | 25.0% | 24.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹15 Cr | ₹15 Cr | ₹15 Cr | ₹14 Cr | ₹17 Cr | ₹17 Cr |
| Reserves | ₹285 Cr | ₹303 Cr | ₹384 Cr | ₹430 Cr | ₹784 Cr | ₹864 Cr |
| Borrowings | ₹6 Cr | ₹8 Cr | ₹18 Cr | ₹13 Cr | ₹11 Cr | ₹18 Cr |
| Other liabilities | ₹163 Cr | ₹218 Cr | ₹258 Cr | ₹297 Cr | ₹438 Cr | ₹402 Cr |
| Total liabilities | ₹469 Cr | ₹544 Cr | ₹675 Cr | ₹755 Cr | ₹1.3k Cr | ₹1.3k Cr |
| Fixed assets | ₹164 Cr | ₹155 Cr | ₹160 Cr | ₹166 Cr | ₹278 Cr | ₹287 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹13 Cr | ₹0 Cr | ₹58 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹5 Cr | ₹5 Cr | ₹51 Cr | ₹47 Cr |
| Other assets | ₹305 Cr | ₹389 Cr | ₹510 Cr | ₹571 Cr | ₹921 Cr | ₹909 Cr |
| Total assets | ₹469 Cr | ₹544 Cr | ₹675 Cr | ₹755 Cr | ₹1.3k Cr | ₹1.3k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +2.16 pp while DIIs trimmed −0.87 pp. The shareholder count shrank 3% to 63,547.
- Promoters
- 59.4%
- FIIs
- 4.9%
- DIIs
- 6.1%
- Public
- 29.6%
Since Jun 2025
- Public +2.16 pp
- DIIs −0.87 pp
- FIIs −0.81 pp
How it drifted, 8 quarters
Over this window the public went from 25.3% to 29.6% — +4.3 pp.
Ownership split by quarter, oldest first. Sep '24: Promoters 59.9%, FIIs 5.5%, DIIs 9.3%, Public 25.3%.Dec '24: Promoters 59.9%, FIIs 5.9%, DIIs 6.9%, Public 27.4%.Mar '25: Promoters 59.9%, FIIs 4.7%, DIIs 6.5%, Public 28.9%.Jun '25: Promoters 59.9%, FIIs 5.7%, DIIs 7.0%, Public 27.4%.Sep '25: Promoters 59.4%, FIIs 5.8%, DIIs 7.0%, Public 27.8%.Dec '25: Promoters 59.4%, FIIs 7.2%, DIIs 4.0%, Public 29.3%.Mar '26: Promoters 59.4%, FIIs 5.3%, DIIs 5.2%, Public 30.1%.Jun '26: Promoters 59.4%, FIIs 4.9%, DIIs 6.1%, Public 29.6%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Persistence Capital Fund I VC / PE +0.11 pp 1.26% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Interarch Building Solutions Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Arvind Nanda | 29.87% | unchanged |
| Gautam Suri | 22.98% | unchanged |
| Taipan Associates Private Limited | 3.46% | unchanged |
| IGS Holdings Private Limited | 3.13% | unchanged |
| Pinebridge Global Funds - Pinebridge India Equity Fund FPI fund | 2.92% | unchanged |
| Persistence Capital Fund I VC / PE | 1.26% | +0.11 pp |
| Envision India Fund FPI fund | 1.01% | unchanged |
| Suri Family Trust Imaan | 0.00% | unchanged |
| Libra Buildwell Llp | 0.00% | unchanged |
| Signu Homes Private Limited | 0.00% | unchanged |
| Intertec | 0.00% | unchanged |
| Gautam Suri & Sons Huf | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
All earnings calls (7)
Read the Q1 FY27 call →Learn to analyse Interarch Building Solutions Limited
Guides on how to read this kind of business and the numbers that matter.