₹63 Million Reasons to Smile—Aarvi Encon Adds Fuel to Its Growth Engine

Image Source: Business Upturn

Aarvi Encon Ltd (NSE: AARI.NS) has been awarded a new contract valued at ₹63 million, further cementing its position as a leading provider of engineering and manpower outsourcing services in India. The contract win adds to Aarvi’s growing list of project-based engagements across sectors such as oil & gas, infrastructure, and energy.

1. Contract Highlights

The ₹63 million contract involves technical staffing and project support services, aligning with Aarvi’s core competencies in engineering, procurement, and construction (EPC) support.
The client’s identity and project specifics remain undisclosed, but the scope is expected to span multi-disciplinary engineering roles over a defined project lifecycle.

2. Strategic Significance

This win follows a series of recent orders, including contracts worth ₹384.3 million and ₹1.86 billion earlier this year, showcasing Aarvi’s strong order pipeline and client trust.
The company continues to expand its footprint in India and overseas, leveraging its 8+ lakh resume database and ISO-certified processes.

3. Company Snapshot

Founded in 1987, Aarvi Encon is a CRISIL SME-1 rated company with a market capitalization of approximately ₹166 crore and a presence in engineering, oil & gas, power, and infrastructure domains.
Company has reported revenue of ₹144.45 crore in Q4 FY25, balancing equal attention towards deployment of high-quality manpower and project execution support.

Sources: Screener, Zerodha, Aarvi Encon