Aarvi Encon Ltd (AARVI) — shareholding pattern, promoter holding, financials and share price
About Aarvi Encon Ltd (AARVI)
Aarvi Encon Ltd operates in the Dredging industry, within the Services sector. It trades on the NSE as AARVI and on the BSE under scrip code 535014. Its ISIN is INE754X01016.
Incorporated in 1987, Aarvi is India’s leading technical staffing company, which specializes in providing expert engineering staffing solutions. [1]
Aarvi Encon Limited is a specialist technical staffing and engineering services company, founded in 1987, providing deputation, project management, construction supervision, inspection, pre‑commissioning/commissioning and O&M services for industrial projects across India and international markets.
The company reported strong 9M‑FY26 operational momentum with revenue of INR 4,776 Mn (up 30.5% YoY), EBITDA of INR 159 Mn and EBITDA margin improvement to 3.33%, while PAT rose sharply to INR 130 Mn, reflecting operational leverage from higher deputation and new client wins.
Listed peers in Dredging: Dredging Corporation of India Ltd, Marc Technocrats Ltd, Mitcon Consultancy & Engineering Services Ltd, Rudrabhishek Enterprises Ltd, Matrix Geo Solutions Ltd, ANI Integrated Services Ltd.
Valuation & Returns
10 Jul 2026At ₹155.24 a share on 10 Jul 2026, Aarvi Encon Ltd (AARVI) was valued at a price-to-earnings ratio of 13.09x against an industry P/E of 50.56x and a price-to-book of 1.84x on a book value of ₹84.43 per share as of Mar 2025. Solomo computes return on equity of 14.05% and return on capital employed of 15.01% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 13.09x
- Industry P/E
- 50.56x
- P/B
- 1.84x
- EPS (TTM)
- ₹11.86
- Book value / share
- ₹84.43
- ROE
- 14.05%
- ROCE
- 15.01%
- ROA
- 8.27%
- Debt / equity
- 0.21x
- Dividend yield
- 1.29%
- EBITDA margin
- 3.79%
- 52-week range
- ₹96.99 – ₹168.4
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Aarvi Encon Ltd (AARVI) reported revenue of ₹650 crore, net profit of ₹18 crore and earnings per share of ₹11.9. That compares with revenue of ₹510 crore and net profit of ₹10 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹172.25 crore and net profit ₹4.58 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 289 | 437 | 406 | 510 | 650 |
| Net profit (₹ cr) | 12 | 15 | 11 | 10 | 18 |
| EPS (₹) | 8.16 | 9.81 | 7.67 | 6.78 | 11.9 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 19.40% | 19.13% | 25.67% |
| Profit growth | 15.36% | -14.35% | -11.46% |
| Stock price CAGR | 16% | 2% | 36% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 73.36% of Aarvi Encon Ltd (AARVI) (down 0.17 pp QoQ). Market capitalisation was ₹230 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2018.
Largest disclosed public shareholders in Jun 2026: GIRISH GULATI HUF 3.45%, JAIDEEP SAMPAT 1.45%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 73.36% | - | - | - | - |
| Mar 2026 | 73.53% | - | - | - | - |
| Dec 2025 | 73.53% | - | - | - | - |
| Sep 2025 | 73.47% | - | - | - | - |
| Jun 2025 | 73.47% | - | - | - | - |
| Mar 2025 | 73.47% | - | - | - | - |
| Dec 2024 | 73.58% | - | - | - | - |
| Sep 2024 | 73.58% | - | - | - | - |