In a notable stride for India’s engineering services sector, Aarvi Encon Ltd has clinched a fresh work order valued at ₹83.2 million (₹8.32 crore), reinforcing its reputation as a trusted manpower outsourcing partner for large-scale industrial and infrastructure projects. The announcement, made public on August 22, 2025, adds to the company’s growing portfolio of domestic contracts and signals continued momentum in its core business verticals.
This latest order is part of Aarvi’s strategic push to expand its footprint across key sectors such as oil & gas, power, chemicals, and infrastructure, where demand for skilled technical manpower remains robust.
About Aarvi Encon Ltd
Founded in 1987, Aarvi Encon Ltd is a leading provider of engineering and manpower outsourcing services in India and abroad. Headquartered in Mumbai, the company specializes in deploying skilled professionals across disciplines such as mechanical, electrical, civil, instrumentation, and IT for project execution, commissioning, and operational support.
With over three decades of experience, Aarvi has built a strong client base that includes top-tier EPC (Engineering, Procurement, and Construction) firms, public sector undertakings, and multinational corporations. Its services span:
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Project management and supervision
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Commissioning assistance
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Shutdown and turnaround support
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Technical staffing and recruitment
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Overseas manpower deployment
The company’s ability to deliver reliable, scalable, and cost-effective manpower solutions has made it a go-to partner for complex industrial projects.
Details of the ₹83.2 Million Order
While the client’s identity remains undisclosed due to confidentiality agreements, the order is understood to involve the supply of specialized technical manpower for a domestic infrastructure initiative. The contract is expected to span 12–24 months, depending on project timelines, and will involve deployment across multiple locations.
This order follows a series of recent wins for Aarvi, including:
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A ₹225.4 million contract in June 2025 for a three-year manpower supply engagement
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A revised work order worth ₹186 crore in January 2025, extending services for a multinational EPCM firm
The ₹83.2 million order, though smaller in comparison, is strategically significant as it reflects continued client trust and operational consistency.
Market Reaction & Financial Impact
Following the announcement, Aarvi Encon’s stock showed mild upward movement, trading around ₹134.52 with a PE ratio of 21.93. While the order may not be transformative in isolation, it contributes positively to the company’s revenue pipeline and supports its steady growth trajectory.
Aarvi’s dividend yield stands at 1.48%, with an EPS of ₹6.13, indicating healthy profitability and shareholder returns. Analysts expect the new order to marginally boost earnings in the upcoming quarters, especially if it leads to follow-on engagements.
Strategic Outlook
This order aligns with Aarvi’s broader strategy of deepening its presence in domestic markets while maintaining a stronghold in overseas manpower supply. The company has been actively investing in:
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Digital onboarding and workforce management platforms
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Skill development and training programs
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Expansion into emerging sectors like renewables and data centers
By securing this contract, Aarvi not only reinforces its operational capabilities but also strengthens its case for larger, multi-year engagements in the future.
Industry Commentary
Industry experts view Aarvi’s latest win as a reflection of the growing demand for outsourced technical expertise in India’s infrastructure and industrial sectors. "Aarvi Encon continues to demonstrate its agility and reliability in delivering manpower solutions for complex projects," said a senior analyst at a Mumbai-based brokerage. "This order, while modest, adds to a consistent stream of wins that validate its execution strength and client relationships."
Conclusion
The ₹83.2 million order is a strategic addition to Aarvi Encon’s expanding portfolio, reinforcing its role as a key enabler in India’s industrial growth story. As infrastructure projects scale up and technical expertise becomes increasingly vital, Aarvi’s ability to deliver skilled manpower on demand positions it for sustained success.
Investors and stakeholders will be watching closely to see how this order translates into execution milestones and whether it opens doors to larger opportunities in the near future.
Sources: Aarvi Encon Investor Announcements, Zerodha, Business Upturn, Ticker
