Interarch Building Solutions Limited has announced its unaudited financial results for the third quarter of FY26, demonstrating strong operational performance and continued growth momentum. The company's Board of Directors approved the results at a meeting held on February 02, 2026, followed by an earnings conference call on February 03, 2026.

Financial Performance Overview

The company delivered impressive financial results for the quarter ended December 31, 2025, with substantial improvements across key performance indicators.

Nine-Month Performance

For the nine-month period ended December 31, 2025, the company maintained its growth trajectory with strong year-over-year improvements.

Management Commentary and Growth Outlook

During the earnings call, Managing Director Arvind Nanda expressed satisfaction with the quarterly performance, stating that results exceeded expectations. The company is well-positioned to achieve and surpass its original revenue target, with projections indicating potential revenue of ₹1,900 crores for FY26 against the initial target of ₹1,710-1,720 crores.

The pre-engineered building (PEB) industry has gained significant recognition as a distinct category, with increased market acceptance for steel buildings and integrated solutions. The company's capacity utilization is currently running high, with monthly revenue run-rate of approximately ₹156-157 crores.

Capacity Expansion and QIP Fundraising

The Board approved raising funds through a Qualified Institutional Placement (QIP) for up to ₹100 crores to accelerate capacity expansion plans. The funds will be utilized for two major projects:

The expansion will increase total PEB capacity to 240,000 tons and heavy structure capacity to 40,000-45,000 tons, supporting a revenue potential of ₹3,400-3,500 crores.

Order Book and Pipeline

The company maintains a strong order book of ₹1,685 crores, with quarterly order inflow of ₹570-575 crores. The order pipeline shows robust prospects:

Key sectors driving growth include manufacturing, renewables, data centers, and multi-story commercial buildings. Notable orders include projects for JSW and semiconductor facilities for Micron and Tata Electronics.

Export Initiatives

The company secured export orders from Myanmar and Ghana during the quarter, with active discussions for projects in North America and Africa. Export margins are typically better than domestic operations due to reduced project management responsibilities.

Operational Highlights

Cost management remained effective during the quarter. Cost of raw materials and components consumed was ₹30,543.74 lakhs, employee benefits expense stood at ₹4,296.60 lakhs, while erection and installation charges were ₹4,748.59 lakhs.

Regulatory and Financial Updates

The company recorded an exceptional item of ₹324.23 lakhs related to new Labour Codes implementation. The Income Tax Department conducted proceedings from August 18-22, 2025, with full cooperation provided and no demands raised.

IPO proceeds utilization continued with ₹15,810.89 lakhs utilized out of net proceeds of ₹18,809.79 lakhs, leaving ₹2,998.90 lakhs temporarily invested in fixed deposits.

Future Projections

Management projects 15% growth for FY27, targeting revenue of ₹2,100+ crores, with the long-term goal of ₹2,500 crores by FY27-28 remaining intact. The company maintains a debt-free status with cash reserves exceeding ₹200 crores.

InterArch Building Solutions has received approval to raise capital through a Qualified Institutional Placement (QIP), marking a significant step in the company's fundraising initiatives. The approval covers the issuance of equity shares or convertible securities worth up to ₹100 crore.

QIP Approval Details

The company has secured the necessary approvals to proceed with the capital raising exercise through the QIP route. This mechanism allows companies to raise funds from qualified institutional buyers, providing access to institutional capital markets.

Capital Raising Structure

The approval provides InterArch Building Solutions with flexibility in structuring the fundraising exercise. The company can choose between:

• Direct equity share issuance to qualified institutional buyers
• Convertible securities that can be converted to equity at a later date

This dual option approach allows the company to optimize the capital structure based on market conditions and investor preferences at the time of issuance.

Strategic Implications

The QIP approval represents an important corporate development for InterArch Building Solutions, enabling access to institutional funding. Qualified Institutional Placements serve as an efficient mechanism for companies to raise capital from sophisticated institutional investors, including mutual funds, insurance companies, and foreign institutional investors.

The ₹100 crore fundraising capacity provides the company with substantial financial resources that can be deployed for various corporate purposes as determined by the management and board of directors.