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Updated: June 30, 2025 14:21
Aarvi Encon Limited, a leading player in engineering staffing and manpower outsourcing, has announced the receipt of two significant work orders from a prominent multinational EPC company. The contracts, collectively valued at over Rs 30.67 crore, mark a major boost to the company’s project pipeline and reinforce its position in India’s infrastructure and industrial services sector.
Here’s a detailed breakdown of the contracts and their strategic implications.
Key Highlights from the Contract Wins
- The first contract, valued at Rs 22.53 crore, spans a three-year period from June 3, 2025, to June 4, 2027
- It involves supplying outsourced manpower for various project sites and offices across India
- The second contract, worth Rs 8.13 crore, is a one-year agreement effective from July 1, 2025
- Both contracts are domestic in nature and fall under non-related party transactions
- The client’s identity remains undisclosed due to a Non-Disclosure Agreement
Scope and Strategic Relevance
- The contracts cover manpower supply services, a core area of Aarvi Encon’s operations
- Services will be deployed across multiple industrial locations, supporting engineering, procurement, and construction activities
- These wins align with Aarvi Encon’s strategy to deepen its presence in high-demand sectors such as oil and gas, power, and infrastructure
Financial and Operational Impact
- The combined order value of Rs 30.67 crore represents a significant addition to the company’s FY26 revenue visibility
- Aarvi Encon reported a 40.2 percent year-on-year growth in Q4-FY25 sales, and these contracts are expected to sustain that momentum
- The company’s asset-light model and high gross margins position it well to execute these contracts efficiently
As Aarvi Encon continues to expand its footprint in India’s industrial services landscape, these new contracts underscore its ability to win repeat business from marquee clients and deliver scalable manpower solutions across complex project environments.
Sources: Aarvi Encon Regulatory Filing, Business Upturn, DSIJ, June 2025