Order Book
₹1,700 crore
+3% YoY
Order book as of April 2026, representing ~9 months of revenue visibility.
INTERARCHBUILDINGSOLUTIO
Diversified
15 May 2026
Interarch Building Solutions Ltd — Q4 FY26
Interarch delivered a strong FY26 with revenue of ₹1,898 crore (+30.6% YoY) and EBITDA of ₹176 crore (+29% YoY), slightly ahead of revised guidance.
Financial stats pending filing verification
2-Minute Summary
✦ AI-Generated from Full Transcript
Interarch delivered a strong FY26 with revenue of ₹1,898 crore (+30.6% YoY) and EBITDA of ₹176 crore (+29% YoY), slightly ahead of revised guidance. EBITDA margin held steady at 9.3% despite one-time costs of ~₹5-6 crore for labor code provisions and export certifications. PAT grew 25% to ₹135 crore, impacted by a higher tax rate. The order book stands at ₹1,700 crore (~9 months visibility), with a robust pipeline of ₹800-900 crore in advanced stages. Capacity expansion remains on track: the Gujarat PEB plant (Phase I) will commence commercial production in July 2026, and the Andhra heavy structure plant (Phase I) by August 2026, with Phase II/III accelerated. Exports are gaining traction via a Canadian JV and certifications for North America. Key risk: labor shortages at construction sites could constrain execution pace.
इंटरआर्क ने वित्त वर्ष 2026 में शानदार प्रदर्शन किया। कंपनी की कमाई ₹1,898 करोड़ रही, जो पिछले साल से 30.6% ज़्यादा है। कमाई पर खर्च घटाने के बाद बचा मुनाफ़ा (EBITDA) ₹176 करोड़ रहा, जो 29% बढ़ा। यह कंपनी के अपने अनुमान से थोड़ा बेहतर है। मुनाफ़ा दर 9.3% पर स्थिर रही, भले ही मज़दूर कानून और निर्यात प्रमाणपत्रों पर 5-6 करोड़ का एक बार का खर्च हुआ। शुद्ध मुनाफ़ा (PAT) 25% बढ़कर ₹135 करोड़ हुआ, लेकिन टैक्स ज़्यादा लगने से यह थोड़ा कम रहा। कंपनी के पास ₹1,700 करोड़ के ऑर्डर हैं, जो अगले 9 महीने का काम है। इसके अलावा, ₹800-900 करोड़ के और ऑर्डर मिलने की संभावना है। गुजरात और आंध्र प्रदेश में नए कारखाने जुलाई और अगस्त 2026 तक शुरू हो जाएँगे। निर्यात भी बढ़ रहा है, खासकर कनाडा और उत्तरी अमेरिका में। मुख्य जोखिम: निर्माण स्थलों पर मज़दूरों की कमी से काम धीमा हो सकता है।
Key Numbers
Volume (Q4)
41,000 tons
+8.7% QoQ
Q4 FY26 volume, reflecting near-full capacity utilization.
PEB Realization
₹120/kg
flat YoY
Average realization for pre-engineered buildings, expected to remain stable.
Export Orders (hand)
₹30-35 crore
new stream
Export orders in hand, targeting ₹100 crore for FY27.
Management Guidance
FY27 revenue target of ₹2,150-2,200 crore
Management expects 15%+ revenue growth to ₹2,150-2,200 crore, driven by new capacity from Gujarat and Andhra plants.
Management guidance revenueHeavy structure plant Phase I commercial production by August 2026
Andhra heavy structure plant Phase I (20,000 tons) will start commercial production by August 2026, with Phase II/III accelerated.
Management guidance expansionGujarat PEB plant Phase I commercial production by July 2026
Gujarat plant Phase I (PEB) will commence commercial production in July 2026, with Phase II by end of FY27.
Management guidance expansionMaintain EBITDA margin at ~9.3%
Management expects to sustain EBITDA margin around 9.3% on an annual basis, with quarterly fluctuations.
Management guidance marginsKey Risks
Labor shortages at construction sites
Management highlighted labor availability as a key challenge, exacerbated by elections and LPG crisis in Q4, impacting site clearances.
medium · management_commentarySteel price volatility
Analyst raised concern about sharp steel price increases in Q4; management acknowledged cyclicality but expects manageable impact via job-wise pricing.
medium · analyst_questionNegative operating cash flow
OCF turned negative in FY26 due to higher working capital from larger orders and inventory buildup; management expects improvement but no timeline given.
medium · data_observationExecution risk from capacity ramp-up
New plants in Gujarat and Andhra face potential delays; Gujarat plant already delayed by ~1 month due to foundation issues.
low · management_commentaryNotable Quotes
We are not seeing any slowdown at least as far as Interarch is concerned... pipeline is growing.
The biggest challenge that India will face and then of course everybody will face is the manpower.
We are also learning that okay if you're doing a large order to get payments not at the convenience of the customer but you have to tighten your payment terms.
Frequently Asked Questions
What was Interarch Building Solutions's revenue in Q4 FY26?
Interarch Building Solutions reported revenue of ₹1,898 Cr in Q4 FY26, representing a +30.6% change compared to the same quarter last year.
What guidance did Interarch Building Solutions management give for FY27?
FY27 revenue target of ₹2,150-2,200 crore: Management expects 15%+ revenue growth to ₹2,150-2,200 crore, driven by new capacity from Gujarat and Andhra plants. Heavy structure plant Phase I commercial production by August 2026: Andhra heavy structure plant Phase I (20,000 tons) will start commercial production by August 2026, with Phase II/III accelerated. Gujarat PEB plant Phase I commercial production by July 2026: Gujarat plant Phase I (PEB) will commence commercial production in July 2026, with Phase II by end of FY27. Maintain EBITDA margin at ~9.3%: Management expects to sustain EBITDA margin around 9.3% on an annual basis, with quarterly fluctuations.
What are the key risks for Interarch Building Solutions in FY27?
Key risks include Labor shortages at construction sites — Management highlighted labor availability as a key challenge, exacerbated by elections and LPG crisis in Q4, impacting site clearances.; Steel price volatility — Analyst raised concern about sharp steel price increases in Q4; management acknowledged cyclicality but expects manageable impact via job-wise pricing.; Negative operating cash flow — OCF turned negative in FY26 due to higher working capital from larger orders and inventory buildup; management expects improvement but no timeline given.; Execution risk from capacity ramp-up — New plants in Gujarat and Andhra face potential delays; Gujarat plant already delayed by ~1 month due to foundation issues..
Did Interarch Building Solutions meet its previous quarter's guidance?
Scorecard data is being built as historical quarters are processed.
Where can I read the full Interarch Building Solutions Q4 FY26 concall transcript?
The full earnings conference call transcript or source release is available on the linked source material. This page provides an AI-generated summary with filing verification status shown on the financial stats.