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Aarvi Encon Ltd.

Aarvi Encon Ltd.

129.12
INR
-2.64
(-2.00%)
12.99EPS
11.11P/E
2.16BMarket Cap
Aarvi Encon Ltd.
NSE:AARVI
(National Stock Exchange of India)

Recent

price

129.12

P/E

ratio

11.11

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
53.88
66.58
77.77
74.41
103.62
134.87
139.37
147.49
135.36
191.74
290.85
270.33
340.87
434.78
419.38
Revenue per Share
2.92
3.2
4.33
1.71
3.62
6.04
5.84
4.86
7.08
8.16
9.82
7.67
6.79
11.9
13.09
Basic EPS, GAAP
0.55
2.29
2.41
-0.17
0.04
-6.26
-7.06
2.24
11.16
-7.68
3.75
1.57
-8.32
4.62
- -
Free Cash Flow per Basic Share
- -
0.98
0.49
0.5
0.21
- -
0.6
1.21
1
2
1.5
2
2
2
- -
Dividend per Share
13.4
16.09
19.94
20.56
24.05
42.03
47.47
51.63
57.54
64.05
73.09
78.94
84.62
95.92
- -
Book Value per Share
13.39
15.87
19.78
20.53
23.9
41.86
47.25
51.39
57.27
63.83
72.75
78.51
84.26
95.51
- -
Tangible Book Value per Share
15
15
15
15
15
13
15
15
15
15
15
15
15
15
15
Basic Weighted Avg Shares
798
986
1,151
1,102
1,532
1,735
2,060
2,181
2,001
2,835
4,300
3,998
5,041
6,439
6,212
Sales/Revenue/Turnover
10
9.22
9.27
3.86
5.62
5.31
5.03
3.79
4.4
4.37
4.04
2.91
2.57
3.31
-4.77
Operating Margin (%)
9
10
10
11
9
8
10
12
10
10
12
13
16
18
19
Depreciation Expense
43
47
64
25
54
78
86
72
105
121
145
113
100
176
194
Net Income, GAAP
34.02
42.85
34.49
30.87
24.78
18.53
14.75
- -
- -
0.68
7.43
6.31
10.47
11.61
10.74
Effective Tax Rate (%)
5.42
4.8
5.57
2.29
3.5
4.48
4.19
3.29
5.23
4.26
3.37
2.84
1.99
2.74
3.12
Profit Margin (%)
56
113
155
104
139
319
267
311
506
519
638
820
825
894
- -
Working Capital
25
20
12
5
3
11
9
5
- -
- -
- -
- -
33
24
- -
LT Debt
199
239
296
304
356
621
702
763
851
947
1,081
1,167
1,253
1,421
- -
Total Equity
- -
13.62
16.74
6.24
11.35
12.2
11.75
- -
- -
11.88
13.08
8.46
7.82
10.7
- -
Return on Invested Capital (%)
- -
16.55
19.44
8.44
14.47
14.7
13.22
- -
- -
13.49
15.18
10.68
9.19
12.58
- -
Return on Capital (%)
- -
21.71
24.09
8.44
16.24
15.92
13.05
9.8
12.96
13.43
14.31
10.09
8.3
13.18
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
243
- -
LT Borrowings
- -
24
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
15
15
15
Market Capitalization
1,894
1,788
2,159

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
1,750
- -
Cash, Cash Equivalents & STI
- -
164
- -
Accounts Receivable, Net
- -
1,024
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
856
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
243
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.91%
10.84%
13.36%
Free Cash Flow
-1,500.64%
-232.14%
-155.68%
Net Income, GAAP
27.48%
15.55%
75.42%
Sales/Revenue/Turnover
20.88%
28.03%
27.75%
Total Cash Common Dividend
- -
- -
0.18%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,133
1,210
1,316
1,445
5,041
2026
1,513
1,589
1,674
1,223
6,439
2027
1,727
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.76
1.43
1.6
2
6.79
2026
2.84
3.24
2.71
3.1
11.9
2027
4.04
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
2
2026
- -
- -
- -
- -
2
2027
- -
- -
- -
- -
- -
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Business
Aarvi Encon Limited operates as a technical manpower outsourcing and engineering services company primarily in India, with expanding operations in the Middle East and Southeast Asia. Founded in 1987 and headquartered in Mumbai, India, the company provides a comprehensive range of services including permanent and temporary technical manpower supply; procurement assistance and expediting; pre-commissioning and commissioning; operation and maintenance; project and engineering design; project management; CAD/drafting/3D modeling; shutdown services; construction supervision; and inspection services. Its clientele spans diverse industries such as cement, engineering, infrastructure, metro, petrochemical, railway, telecom, EPC, IT, pipeline, refinery, CGD and CNG, fertilizer, metal and minerals, oil and gas, power, and renewable energy sectors. Recent major developments include the launch of operations in Saudi Arabia in 2025 to support the Kingdom’s Vision 2030 economic diversification, expanding local talent and project staffing solutions across key sectors such as oil and gas, EPC, renewables, and infrastructure. Aarvi Encon has also strengthened its Middle East presence through strategic alliances, including a joint venture in Oman and the acquisition of MNR Technical Services LLC, UAE via its wholly owned subsidiary Aarvi Encon FZE. The company has secured significant contracts recently, including multi-year manpower supply contracts and maintenance service agreements with notable clients like Chennai Petroleum Corporation Limited, Indian Oil Corporation Limited, and major fertilizer companies in India. Furthermore, Aarvi Encon has been recognized with awards such as the Great Place to Work Certification and The Times Exemplary Leaders Award for excellence in human resource services. Aarvi Encon continues to expand its geographic footprint with subsidiaries and step-down subsidiaries in Malaysia and Indonesia, supporting its objective to be a global leader in engineering and manpower outsourcing services. The company is ISO 9001:2015 certified and maintains a CRISIL BBB/A3+ rating, reflecting its strong creditworthiness and operational excellence. It employs approximately 6,800 technical personnel as of 2024-25 and generates revenues through a diversified portfolio of engineering support and manpower deployment across industrial segments in India and overseas markets. This combination of technical service offerings, regional expansion, strategic acquisitions, and award-winning human resource capabilities positions Aarvi Encon Limited as a leading technical staffing and engineering services provider in its sectors of operation.