AARVI
Aarvi Encon Limited (AARVI) Stock Analysis
Aarvi Encon Limited is an Indian engineering and manpower outsourcing company serving power, oil and gas, and infrastructure sectors. It provides technical staffing, project execution support, and operations and maintenance services. The company works with utilities and EPC contractors on contract assignments across India. It is listed on Indian exchanges as a niche engineering services firm.
Industrials › Staffing & Employment Services
₹138.50
+1.04% 1W | +13.60% 52W
Market Cap
205 CR
P/E Ratio
10.7
52W High
₹168.4
52W Low
₹116
Div. Yield
1.45%
Beta
-0.1
50 DMA
₹145.9
200 DMA
₹135.8
Profit Margin
2.9%
Inst. Own.
0%
✅ BOUNCE FROM SUPPORT
✅ BOUNCE FROM SUPPORT
Fundamentals
Profit & Loss
| Metric | Jun 2023 | 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 | 100.87 | 102.29 | 99.88 | 103.11 | 113.33 | 120.96 | 131.64 | 144.45 | 151.30 | 158.85 | 167.45 | 172.25 | 172.68 |
| Expenses | 96.73 | 99.11 | 97.66 | 100.14 | 110.02 | 118.96 | 128.00 | 140.00 | 146.37 | 153.27 | 162.09 | 165.44 | 168.19 |
| Operating Profit | 4.14 | 3.18 | 2.22 | 2.97 | 3.31 | 2.00 | 3.64 | 4.45 | 4.93 | 5.58 | 5.36 | 6.81 | 4.49 |
| OPM % | 4.10% | 3.11% | 2.22% | 2.88% | 2.92% | 1.65% | 2.77% | 3.08% | 3.26% | 3.51% | 3.20% | 3.95% | 2.60% |
| Other Income | 0.12 | 0.31 | 0.90 | 1.00 | 0.48 | 1.04 | 0.46 | 0.49 | 0.68 | 0.65 | -0.22 | 0.80 | 3.02 |
| Interest | 0.31 | 0.35 | 0.39 | 0.42 | 0.67 | 0.79 | 0.79 | 0.83 | 0.78 | 0.71 | 0.69 | 0.71 | 0.75 |
| Depreciation | 0.28 | 0.30 | 0.35 | 0.34 | 0.29 | 0.31 | 0.47 | 0.50 | 0.39 | 0.44 | 0.46 | 0.48 | 0.52 |
| Profit before tax | 3.67 | 2.84 | 2.38 | 3.21 | 2.83 | 1.94 | 2.84 | 3.61 | 4.44 | 5.08 | 3.99 | 6.42 | 6.24 |
| Tax % | 9.54% | 8.10% | 0.42% | 5.30% | 7.77% | -8.76% | 16.20% | 18.28% | 4.95% | 5.71% | -0.75% | 28.50% | 4.01% |
| Net Profit | 3.32 | 2.61 | 2.38 | 3.04 | 2.61 | 2.11 | 2.37 | 2.95 | 4.22 | 4.80 | 4.01 | 4.58 | 5.99 |
| EPS in Rs | 2.25 | 1.77 | 1.61 | 2.06 | 1.77 | 1.43 | 1.60 | 1.99 | 2.85 | 3.24 | 2.71 | 3.09 | 4.04 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 115 | 110 | 153 | 173 | 206 | 218 | 202 | 289 | 437 | 406 | 510 | 650 | 671 |
| Expenses | 103 | 105 | 144 | 164 | 195 | 209 | 192 | 275 | 418 | 393 | 496 | 627 | 649 |
| Operating Profit | 12 | 5 | 9 | 10 | 11 | 9 | 10 | 13 | 19 | 13 | 14 | 23 | 22 |
| OPM % | 10% | 4.8% | 6% | 6% | 6% | 4.3% | 4.8% | 4.6% | 4.3% | 3.2% | 2.8% | 3.5% | 3.3% |
| Other Income | 0 | 1 | 0 | 2 | 1 | 1 | 2 | 1 | 0 | 2 | 2 | 2 | 4 |
| Interest | 1 | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 2 | 2 | 4 | 3 | 3 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Profit before tax | 10 | 4 | 7 | 10 | 10 | 7 | 10 | 12 | 16 | 12 | 11 | 20 | 22 |
| Tax % | 34% | 31% | 25% | 19% | 15% | -3% | -2% | 1% | 7% | 6% | 10% | 12% | |
| Net Profit | 6 | 3 | 5 | 8 | 9 | 7 | 10 | 12 | 15 | 11 | 10 | 18 | 19 |
| EPS in Rs | 207.10 | 81.61 | 172.90 | 5.26 | 5.84 | 4.86 | 7.08 | 8.16 | 9.81 | 7.67 | 6.78 | 11.90 | 13.08 |
| Dividend Payout % | 10% | 25% | 0% | 10% | 17% | 21% | 21% | 24% | 20% | 26% | 30% | 17% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 14.0% | 26.0% | 19.0% |
| Profit CAGR | 6.0% | 11.0% | 22.0% |
Shareholding Pattern
Promoters73.47%
Public26.53%
Promoters73.47%
Public26.53%
Promoters73.53%
FIIs0.01%
Public26.46%
Promoters73.53%
Public26.47%
Promoters73.36%
Public26.65%
Promoters73.47%
Public26.53%
Promoters73.54%
Public26.46%
Promoters73.47%
Public26.53%
Promoters73.53%
Public26.47%
Promoters73.36%
Public26.65%
AARVI
Holdings Analysis
Key strengths & risk signals
67
Overall
66
Fundamental
69
Technical
Risks (3)
LOW MARGIN! 2.9% profit margin - thin profits.
RECOVERY MODE! Current price (138.5) above 200-day but below 50-day.
WEAK MOMENTUM! Limited price growth - 1.0% (1 week), -2.5% (1 month), -10.8% (3 months).
Strengths (4)
FAIRLY VALUED! PEG of 1.60 indicates reasonable valuation.
BULLISH TREND! 50-day average (145.9) is above 200-day average (135.8) - positive signal.
LOW VOLATILITY! Beta of -0.10 - stable stock, less market risk.
TESTING SUPPORT! Stock is at key support level.
Fundamental & Technical Analysis
67Overall
66Fundamental
69Technical
Fundamental Breakdown
Growth Quality
19/30
Revenue CAGR: 14.4% (GOOD, 11/15). Profit CAGR: 6.7% (MODERATE, 8/15).
Profit Margin
2/10
LOW MARGIN! 2.9% profit margin - thin profits.
PEG Valuation
8/10
FAIRLY VALUED! PEG of 1.60 indicates reasonable valuation.
Dividend Yield
5/10
LOW DIVIDEND! 1.45% yield - minimal income contribution.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
14/20
MODERATE PUBLIC HOLDING! 26.53% public ownership - balanced ownership structure.
Stability Index
8/10
GOOD STABILITY! Only 1 revenue dip in history. Strong business fundamentals.
Technical Breakdown
Moving Averages
12/10
BULLISH TREND! 50-day average (145.9) is above 200-day average (135.8) - positive signal.
Price Position
2/10
RECOVERY MODE! Current price (138.5) above 200-day but below 50-day.
Trend Pattern
16/20
TESTING SUPPORT! Stock is at key support level.
52W Performance
6/10
POSITIVE YEAR! Stock gained 13.6% in the last year.
Volume Sentiment
20/30
BULLISH SENTIMENT! In last 30 days: 14 up days, 16 down days. Avg volume on up days: 14,531 vs down days: 12,194. Ratio: 1.19x
RSI
3/5
NEUTRAL! RSI at 46.1 - balanced momentum.
52W Range
3/5
MID RANGE! Trading at 42.9% of 52W range - neutral zone.
Momentum
2/5
WEAK MOMENTUM! Limited price growth - 1.0% (1 week), -2.5% (1 month), -10.8% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of -0.10 - stable stock, less market risk.
Peer Comparison
Industrials · Staffing & Employment Services · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AARVI | ₹138.50 | 10.7 | 2.9% | 14.4% | 6.7% | +13.6% | 67 | BOUNCE FROM SUPPORT | +42.9% | +30.4% | +14.1% | +41.2% |
| ACEINTEG | ₹17.20 | – | -170.0% | -51.1% | – | -28.8% | 47 | HIT RESISTANCE | -78.6% | 0.0% | -92.9% | 0.0% |
| INNOVISION | ₹252.10 | 15 | 1.7% | 56.6% | 60.8% | -31.6% | 62 | BREAKDOWN | – | -161.8% | – | -1.4% |
| TEAMLEASE | ₹1,068.00 | 12.1 | 1.2% | 14.2% | 7.9% | -38.3% | 63 | BREAKDOWN | +31.7% | -20.5% | +5.8% | +3.8% |
| QUESS | ₹321.40 | 19 | 1.6% | -3.7% | -0.4% | +33.9% | 55 | BREAKDOWN | +60.9% | +27.8% | +14.5% | +7.4% |
| GENCON | ₹35.80 | 23.9 | 2.8% | 3.9% | -17.8% | -24.1% | 45 | BREAKDOWN | -69.4% | -24.0% | +4.1% | +38.0% |
| MAHESHWARI | ₹71.10 | 13.3 | 1.4% | -1.1% | 7.7% | +23.4% | 52 | CONSOLIDATING DOWN | -25.0% | -29.8% | -7.1% | -15.3% |
| NECCLTD | ₹19.40 | 24.6 | 2.5% | 0.2% | 10.3% | -6.8% | 63 | BREAKDOWN | +11.1% | +185.7% | +9.4% | -21.4% |
Data from TradeAlone · Updated daily
