Aarvi Encon
- Market cap
- ₹ 192 Cr.
- P/E
- 9.9x
- P/B
- 1.37x
- 52-week range
- 115.99 – 168.4
- ROE
- 13%
- ROCE
- 14%
- Dividend yield
- 1.5%
- Debt / equity
- 0.19
- Sector
- Commercial Services & Supplies
- Industry
- Diversified Commercial Services
- Listed on
- NSE, BSE
About
Aarvi Encon Limited is an India-based technical manpower supply company. The Company provides permanent and temporary manpower services in various industries. It offers technical staffing solutions and qualified engineers in areas, such as electrical-instrumentation services, erection and commissioning, operation and maintenance, instrument calibration, plant shutdown, equipment services and support for original equipment manufacturers (OEMs) and airport maintenance, and others. It provides temporary staffing to a range of industries, including engineering, procurement, and construction (EPC) firms, power plants, oil and gas refineries, chemicals and petrochemicals, fertilizers, cement, automation, railway, metals, among others. It operates in various Middle Eastern countries, including the United Arab Emirates (UAE), the United Kingdom, Indonesia, Oman, and Qatar. Its subsidiaries include Aarvi Encon FZE, Aarvi Engineering & Consultants Private Limited, and others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Diversified Commercial Services: 149 companies →Aarvi Encon against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)9.9 against a typical 20: cheaper than most peers (1st = cheapest).30th of 139
- Sales growth+14.1% against a typical +14.1% from a year earlier.58th of 115
- Profit growth+41.9% against a typical +3.4% from a year earlier.29th of 85
- Share price, 3 months−13.7% against a typical −8.9%.78th of 121
- Size₹ 191.6 Cr. market value against a typical ₹ 68.8 Cr. (1st = largest).37th of 128
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated BBB by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil BBB | Stable | 1 Dec 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 1 Dec 2025 | Reaffirmed | Crisil BBB | — | CRISIL | ₹ 46.5 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 12 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 22 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the quater and year ended March 31, 2026 and Recommendation of Final Dividend subject to approval of Member at the 38th Annual General Meeting |
| 13 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 12 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 29 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend |
| 13 May 2024 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2024 and dividend |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 102 | 100 | 103 | 113 | 121 | 132 | 144 | 151 | 159 | 167 | 172 | 173 |
| Expenses | 99 | 98 | 100 | 110 | 119 | 128 | 140 | 146 | 153 | 162 | 165 | 168 |
| Operating Profit | 3 | 2 | 3 | 3 | 2 | 4 | 4 | 5 | 6 | 5 | 7 | 4 |
| OPM % | 3.1% | 2.2% | 2.9% | 2.9% | 1.7% | 2.8% | 3.1% | 3.3% | 3.5% | 3.2% | 4% | 2.6% |
| Other Income | 0 | 1 | 1 | 0 | 1 | 0 | 0 | 1 | 1 | −0 | 1 | 3 |
| Interest | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| Profit before tax | 3 | 2 | 3 | 3 | 2 | 3 | 4 | 4 | 5 | 4 | 6 | 6 |
| Tax % | 8.1% | 0.4% | 5.3% | 7.8% | −8.8% | 16.2% | 18.3% | 5% | 5.7% | −0.8% | 28.5% | 4% |
| Net Profit | 3 | 2 | 3 | 3 | 2 | 2 | 3 | 4 | 5 | 4 | 5 | 6 |
| EPS in Rs | 1.77 | 1.61 | 2.06 | 1.77 | 1.43 | 1.6 | 1.99 | 2.85 | 3.24 | 2.71 | 3.09 | 4.04 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 19%
- 5 Years
- 26%
- 3 Years
- 14%
- TTM
- 22%
- 10 Years
- 22%
- 5 Years
- 11%
- 3 Years
- 6%
- TTM
- 70%
- 10 Years
- —
- 5 Years
- 24%
- 3 Years
- 8%
- TTM
- —
- 10 Years
- 12%
- 5 Years
- 12%
- 3 Years
- 11%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Aarvi Encon | ₹ 131.37 | ₹ 192 Cr. | 9.9x | 1.4x | 13% | — |
| Delhivery | ₹ 370.00 | ₹ 27,724 Cr. | 221.4x | 3.7x | 1.6% | 1.5% |
| Urban Company | ₹ 132.65 | ₹ 20,457 Cr. | — | 9.7x | — | −19.5% |
| Indegene | ₹ 570.00 | ₹ 13,763 Cr. | 32x | 4.2x | — | 10.5% |
| BLS International Services | ₹ 208.70 | ₹ 8,593 Cr. | 14.9x | 4.1x | 32.7% | 24.1% |
| Axiscades Technologies | ₹ 1,934.40 | ₹ 8,237 Cr. | 85.2x | 9.3x | 10.5% | 6.2% |
Management
- Jaydev Virendra Sanghavi
- Executive Director and Chief Financial Officer
- Leela S. Bisht
- Company Secretary and Compliance Officer
- Virendra Dalpatram Sanghavi
- Managing Director, Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.