Interarch Building Solutions Ltd · NSE:INTERARCH
Interarch Building Solutions — Interarch Building Products — Q3 FY25 Earnings Presentation
39 slides from Interarch Building Solutions's earnings presentation, Feb 4, 2025
Slide 1: Stock exchange filing cover letter
INTERARCH” Date: Date: 04/02/2025 04/02/2025 Listing Compliance Department To, To, To, To, National Stock Exchange of of India Ltd., BSE BSE Limited Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Bandra (E), Dalal Dalal Street Street Mumbai — – 400 400 051 051
Slide 2: Interarch Building Products Limited – February 2025
INTERARCH BUILDING PRODUCTS LIMITED February 2025 11
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Interarch Building Products Limited (the presentation and “Company”), have been prepared solely for information purposes and not constitute any and do not any offer, recommendation oror invit
Slide 4: Contents
Contents 1 Performance Highlights —– Q3 Q3 && 9M 9M FY25 04 2 Company Overview 12 3 Industry Overview 16 4 Key Strengths Key 23 5 Growth Strategies 35 33
Slide 5: Performance Highlights Q3 & 9MFY25
Performance PerSormance Highlights Q3 Q3 & & 9MFY25 44
Slide 6: MD's Commentary
MD’s Commentary “We arepleased are pleased to to report strong business growth in the the third quarter of FY25, driven by by higher volumes and improved order execution. execution. Total revenue increased by 15.0% YoY YoY to to INR 364 Cr., leading toa to a 27.6% YoY YoY andaa 28.2% growth in PAT.
Slide 7: Q3FY25 Performance Highlights
Q3FY25 Performance Highlights Revenue (INR Cr.) – End Revenue Breakup — End User Industry (%) Industrial/Manufacturing Building +15% Infrastructure Others 364 364 316 316 0% 2% 0% 2% 2% 2% 12% 33% 33% 86% 86% 65% 65% Q3 FY24 Q3 Q3 FY25 Q3 FY24 Q3 Q3 FY25 Q3 EBITDA (INR Cr.) & EBITDA Margins (%) PAT
Slide 8: 9MFY25 Performance Highlights
9MFY25 Performance Highlights Revenue (INR Cr.) – End Revenue Breakup — End User Industry (%) Industrial/Manufacturing Building +9% 990 Infrastructure Others 908 2% 0% 2% 1% 27% 27% 23% 23% 70% 70% 75% 75% 9M FY24 9M 9M FY25 9M 9M FY24 9M 9M FY25 9M EBITDA (INR Cr.) & EBITDA Margins (%) PAT (INR Cr.
Slide 9: Order Book Details
Order Book Details Order Wins (Rs in Crs) Major Customers – End User Industry Orders booked between 28th October 2024 and 31st January 2025 405 405 Infrastructure Logistics Industrial Renewable 6% Order wins from Key Customers 26% 26% Tata Projects (Tata Semiconductor) Rockwood Technical Insulations
Slide 10: Strategic Partnership with Jindal Steel & Power for Urban Infrastructure
Strategic Partnership with Jindal Steel & Power for Urban Infrastructure (JSPL) Buildinq Products Limited Interarch Building To To Promote Key rationale Key Interarch is a a leader in turnkey pre-engineered •▪ Steel is the the preferred material for for modern urban as preferred Steel as preferred m
Slide 11: Recent Developments
Recent Developments R&D R&D Work done in Engineering inEngineering ▪ Development Development of customized tools to automate various tasks being done manually. Department ^▪ ThiS This will result into increased efficiencies and and productivity in engineering Optimizing Logistic Operations •▪ Introd
Slide 12: Profit & Loss Statement – Q3 & 9MFY25
Profit & Loss Statement – Q3 & 9MFY25 Particulars (INR Cr.) Q3 FY25 Q3 FY24 YoY 9M FY25 9M FY24 YoY Revenue from Operations 363.6 316.3 15.0% 990.3 907.8 9.1% ofGoods Cost of Goods Solds 222.5 199.4 604.0 573.1 573.1 Employee Cost 38.5 31.5 107.2 86.8 Other Expenses 67.5 58.0 191.3 174.5 EBITDA 35.1
Slide 13: Continuous Capacity Expansion will drive the Growth
Continuous Capacity Expansion will drive the Growth Phase11 of Inaugurated Phase ofits SthState-of-the-Art its 5th PEB Manufacturing plant (4th fully integrated unit) in Athivaram, Andhra Pradesh State-of-the-Art PEB ” “" Phase 1 – Commissioned on September 04, 2024 Phase11 covers ▪ Phase covers44 a
Slide 14: Company Overview
Company Overview 13 13
Slide 15: Company Evolution
Company Evolution 2020-2023 2021: Expansion ofof Kiccha 1993 2005 Facility TRACDEK® for Introduced brand TRACDEK^ for Setup Set ofPantnagar up of Pantnagar 2008 and cladding metal roofing and Manufacturing Facility Manufacturing Set up Set up of Kiccha Manufacturing 2023: Revenue from operations sys
Slide 16: Company Overview
Company Overview One of One of the fhe leading turnkey pre-engineered:/ pre-engineered stee/ steel construction solutions providers inin India with integrated facilities faci/ifies for for design and and engineering, engineer ng;‘ manufacturing, on-site pro/ect project management capabilities for th
Slide 17: Business Overview
Business Overview PEB Contracts PEB PEB Sales Ceilings&& Roofing 1. Metal Ceilings ✓ TRAC® — – Metal suspended ceiling systems ✓ TRACDEK® — – Metal roofing roofing&& cladding systems ✓ TRACDEK® Bold Rib —– Permanent Permanent// metal decking (lost shuttering) over steel framing onaa turn-key basis w
Slide 18: Industry Overview
2 a > = iP) > eo) a 5 N 5 me) = —_— 17
Slide 19: Global Pre-engineered Steel Buildings Market – Overview
Global Pre-engineered Steel Buildings Market – Overview Global Pre-engineered Steel Buildings Market USD Bn USD Bn 32-34 Key Growth Drivers The industrial and and commercial sector, the ofthe the mainstay of the global PEBs market, is” ' “" R: - % 22-24 019-23CAG ° expected to to drive demand for fo
Slide 20: Indian Construction Sector – Overview
Indian Construction Sector – Overview ofthe Breakup of the Domestic Construction Sector Growth Drivers Infrastructure • Building Construction Construction • Industrial/ Manufacturing Manufacturing INR 74-76 Tn 5-7% 24-26% INR -46-48 INR Tn ~46-48 Tn 8% Increased Smart City Growing Investments Increa
Slide 21: India's Pre-engineered Steel Buildings Market – Overview
India’s Pre-engineered Steel Buildings Market – Overview in India Pre-engineered Steel Building Industry in Organised Sector Remains Superior toU norganised Sector to Unorganised INR ~130 INR -130 Bn Bn -195 Bn INR ~195 Bn INR -330-340 Bn ~330-340 Bn 6.0-7.0% CAGR: 11-14% CAGR: 10-14% 7.5—8.5% 7.5-8
Slide 22: India's Pre-engineered Steel Buildings Market – Growth Drivers
India’s Pre-engineered Steel Buildings Market – Growth Drivers Low share of Low of pre-engineered construction in in overall construction indicates high growth potential Low steel consumption in Low inIndia India Share of pre-engineered construction in overall construction Apparent steel use (Kg per
Slide 23: Pre-engineered Steel Buildings – Advantages and Cost Savings
Pre-engineered Steel Buildings – Advantages and Cost Savings Advantages of of Pre-engineered Steel Buildings over Traditional Construction Cost Saving ✓ Cost-saving advantages of PEB increases as of PEB as the span ofthestructure of the structure increases till anan inflection inflection TECHNICAL D
Slide 24: Comparison Between RCC and Pre-engineered Steel Construction
Comparison Between RCC and Pre-engineered Steel Construction Parameter Traditional RCC Construction Pre-engineered Steel Construction MAJOR COMPONENT ✓ Concrete and and reinforced steel bars ✓ Steel and and metal accessories RAW MATERIALS USED RAW ✓ Cement, steel, steel, sand, bricks, etc etc ✓ Stee
Slide 25: Key Strengths
Key Key Strengths 24 24
Slide 26: Key Strengths
Key Strengths manufac uring Significantly integrated manufacturing and established brand Market position and operations, backed by in-house design inthe presence in the growing pre-engineered and engineering, on-site project and steel building industry in in India management and sales and and market
Slide 27: Market Position and Established Brand Presence (1/2)
Market 1°oszfzon Martiet Position and Established drand and ñstadf›shed Brand 1•resence Presence zn in The ’I Ee Growing I•re-engineered Pre-engineered Steel $ Building Industry in India (1/2) (7,/2) 2nd 2•* 3rd 6.5% 677 40+ Years Largest aggregate installed Ranked among integrated Market share amon
Slide 28: Market Position and Established Brand Presence (2/2)
Market Position and Established Brand Presence in The Growing Pre-engineered Steel Building Industry in India (2/2) The PEB The PEB Market in India —– Segments inIndia Growing Shift towards the the Organised Sector CAGR for for CAGR for for FY24 FY19-FY24E FY24E-FY29P Others Rs -130 Rs B» ~130 Bn Rs
Slide 29: Significantly Integrated Manufacturing Operations
Significantly Integrated Manufacturing Operations, Backed by In-house Design and Engineering, On-site Project Management and Sales & Marketing Capabilities Manufacturing Facilities Design & Engineering Centers Installed Utilizable Pantnagar (Uttarakhand) Set up Set up Facility Year capacity capacity
Slide 30: Demonstrated Track Record of Execution Backed by On-site Project Management
Demonstrated Track Record of Execution Backed by On-site Project Management ofExecution Capabilities Extensive Track Record of of Delivering Significant/ Significant / Complex Projects across India AIRPORT HOSPITAL BUILDING TYRE MANUFACTURING INDUSTRIAL & LOGISTICS PARK At Delhi In Bangalore, Karnat
Slide 31: Experienced & Qualified Promoters and Management Team
Experienced & H Qualified Ofualified Promoters and and Management Team Promoters ARVIND NANDA GAUTAM SURI VIRAJ NANDA ISHAAN SURI Managing Director Whole-time Who/e-lime Director /Von-Executive Director Non-Executive Oirecfor I Non-Executive Director •▪ Responsible forfor overall business decision-
Slide 32: Diverse Customer Base and Long-standing Relationships with Key Customers
Diverse Customer Base and Long-standing Relationships with Key Customers Revenue from Operations by End-use Sectors asaa % Repeat Orders as % of of Revenue from Operations 1! Operations!(1) Revenue from TopS Top 5 Customer Groups Diverse Customer Groups featuring in Repeat Orders 26% 20% 20% 19% 19%
Slide 33: Debt-free company with high cash reserves and strong financial performance
Debt-free company with high cash reserves and strong financial performance. Revenue from Operations (INR Cr.) Cr.)&& Growth Cr.)&& Net Net Debt (INR Cr.) Net Debt Debt// EBITDA Ratio CAGn of2d.5%* Net Debt —O— Net Debt// EBITDA 1,293 1,124 (32) (41) (48) 835 835 (0.4x) (0.4x) (1.0x) FY22 FY23 FY24 F
Slide 34: Profit & Loss Statement
Profit & Loss Statement Particulars (INR Cr.) FY24 FY23 FY22 Revenue from Operations 1,293.3 1,123.9 834.9 Cost ofGoods of Goods Solds 823.8 732.5 564.8 Employee Cost 119.0 93.4 89.2 Other Expenses 237.6 191.7 148.0 EBITDA 113.0 106.4 32.9 EBITDA Margin 8.7% 9.5% 3.9% Other Income 13.0 12.5 5.9 Depr
Slide 35: Balance Sheet Statement
Balance Sheet Statement Assets (INR Cr.) FY24 FY23 FY22 Equity & Liabilities (INR Cr.) FY24 FY23 FY22 Non - Current Assets Non 240.4 211.3 190.2 Total Equity 444.6 399.3 318.3 Plant&& Equipment Property Plant 106.4 103.9 99.0 Share Capital 14.4 15.0 15.0 Capital work-in-progess 12.7 0.0 0.0 Other Eq
Slide 36: Cash Flow Statement
Cash Flow Statement Particulars (INR Cr.) FY24 FY23 FY22 Profit Before Tax Tax 115.9 109.0 22.60 Adjustments for: Non Non -Cash Items Items// Other Investment or Financial Items 1.0 1.0 0.5 17.6 Operating profit before working capital changes 116.9 109.5 40.20 Changes in working capital -5.0 -58.4 -
Slide 37: Growth Strategies
Growth Strategies 36 36
Slide 38: Growth Strategies
Growth Strategies Continue to invest in our technology Capitalize on industry tailwinds, Expanding geographical footprint to infrastructure to enhance in-house including through proposed expansion Expand customer base and increase cater to strategic markets in India and design and engineering and an
Slide 39: Thank You
Thank You Interarch Building Products Ltd. CIN —– L45201DL1983PLC017029 CIN L45201 DL1983PLC017029 Mr.Pushpendra Mr. Pushpendra Kumar Bansal/ Mr. Anil Kumar Chandani ID: pushpendra.bansal@interarchbuildings.com// Email ID: anil.chandani@interarchbuildings.com www.interarchbuildings.com Investor Rela
Interarch Building Products — Q3 FY25 Earnings Presentation on 6ix