AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 15 Sep - KMP will join a video investor meet on September 23, 2026.
Source: Bse
Aarvi Encon Limited (AARVI)
Small CapServices stocks · Small cap · NSE
Aarvi Encon Limited operates in Engineering Staffing, within the Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
₹133.5
-3.37 · -2.46%
Market cap ₹202 Cr
Data qualityFresh enough for analysisQuote updated 21 Oct, 01:14 pm ISTDetails
Quote21 Oct, 01:14 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result16 Aug, 12:55 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Services P/E 17.7 (n=143)
Technical timing lens
Trend score and candlestick chart
51NeutralSMA20 -4.5% / mo · MACD +
Stock trend: 51
Sector RS: —
Services FPI tailwindFlow only
FPI equity flow was positive in both fortnights, but exact sector-index confirmation is unavailable. View sector evidence
Technical chart
AARVID candles · FIT view+3.5%TODAY · PROVISIONALLatest price ₹133.50 on 2026-10-21
Today's candle is provisional from the latest intraday quote; completed-candle scans remain unchanged.
Bar
-2.5%
RSI
36
MACD hist
0.09
52W pos
33%
2026-10-21O ₹136.87H ₹144.00L ₹133.50C ₹133.50Vol 3,702 shIntraday candle
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
AARVINifty 500
- AARVI
- -12.5%
- Nifty 500
- -5.6%
- Vs Nifty 500
- -7.0 pp
Chart stats
19 Oct 2026- From 52W high
- -18.7%
- 52W range position
- 40%
- ATR (14)
- 3.5%
- Volume vs 20D
- 0.32x
- Avg traded value
- ₹0.1 Cr
- 20D price channel
- ₹130 - ₹147
₹168.4
₹116 - ₹168.4
₹4.8
Latest completed session
20-session average
20.8% annualized volatility
No exact NSE sector index is mapped for this company. Nifty 500 remains the broad-market comparison.
Research snapshot
What the evidence says now
Mixed fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is consistent.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · FAIR VALUE59
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Good57
Revenue +14.1% · PAT +41.9% YoY
Technical
Neutral51
Price trend and sector-relative-strength timing.
Valuation
Legacy model+68.0%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence82
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Good · 57/100Rev +14% YoY · PAT +42% YoY · operating leverage · margin compression
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹172.7 Cr | +14.1% | +0.3% |
| EBITDA | ₹4.5 Cr | -8.9% | -34.1% |
| Operating margin | 2.6% | -66 bps | -135 bps |
| PAT | ₹6 Cr | +41.9% | +30.8% |
| PAT margin | 3.5% | +68 bps | +81 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 10.20
- P/B
- 1.41
- EV/EBITDA
- 9.54
- Market Cap
- 202.00Cr
Profitability
- ROE
- 13.50%
- ROCE
- 14.70%
- ROA
- 8.02%
- Dividend Y
- 1.48%
Growth (CAGR)
- Revenue 5Y
- 26.00%
- EPS 5Y
- 11.00%
- Revenue 3Y
- 14.00%
- EPS 3Y
- 6.00%
Balance Sheet
- Debt/Equity
- 0.19
- Interest Coverage
- 7.33×
- Altman Z
- 5.38
- Book Value
- 95.90
Cash Flow
- FCF Yield
- 3.96%
- FCF Positive Y
- 7/5
- OCF
- 8.00 Cr
- EPS TTM
- 13.08
Shareholding
- Promoter Hold
- 73.36%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 37%
Financial History
Updated 18/10/2026
Revenue
₹ CrLatest: 173+0.2% vs prev
Net Profit
₹ CrLatest: 6.0+30.8% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 36.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 falling (~4.2% over last month) — short-term momentum negative.
- RSI(14) at 36 — falling, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 21% off 52W high · 15% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
70
RS percentile
Stage 1 Base / Transition
1M return
-2.2%
3M return
-12.5%
6M return
+4.6%
1Y return
+13.7%
RS 1D
0
RS 20D
+5
Sector rank
#12
Industry rank
#56
Stage evidence
- Price is within 1.5% of the 30-week proxy.
- The 30-week proxy changed +1.0% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price above
Sector
neutral
Industry
neutral
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 117.6-0.76%
RS vs Nifty 500118
Valuation & peers
U-Score 59 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 59 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Deep Value
Fundamental score breakdown
U band · FAIR VALUEValuation23/30
Growth12/25
Quality5/20
Balance Sheet11/15
Cash Flow6/10
Piotroski
7/9 (+5)
Penalties
-3
Raw sum
59
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
59/100 · legacy band FAIR VALUE
Positive drivers
- FCF yield is supportive at 4.0%.
- Piotroski is strong at 7/9.
- Fair-value margin of safety is positive at 68.0%.
Main drags
- Penalty bucket subtracts 3 points.
- Quality is weaker at 5/20; verify the latest quarterly trend.
- Growth is weaker at 12/25; verify the latest quarterly trend.
Sector valuation model
Execution business valuation: EV/EBITDA plus order and working-capital risk
Capital-intensive execution stories need cash-flow and balance-sheet checks alongside valuation.
Primary lens
EV/EBITDA and PE against execution quality and margin stability.
Secondary checks
Order book, receivables, working capital, debt, operating cash flow.
Main risk check
Order wins matter only if they convert into cash and margins.
PE
10.2
PB
1.4
EV/EBITDA
9.5
ROE
13.5%
ROCE
14.7%
FCF Yield
4.0%
Debt/Equity
0.2
MoS
+68.0%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
59
Previous: 58 (+1)
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
+68.0%
Previous: +67.2%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
58
58
58
58
58
58
58
58
57
58
58
58
Factor attribution
Valuation
23+1
was 22
Modelled fair value
Graham Number
₹168
+20.5% MoS
Growth-justified P/E
31.9
Growth-justified Value
₹416.73
+68.0% MoS
PEG
1.13
Comparable companies
Peers
Business-comparable peers in Services — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
IPSL
SME
Integrated Personnel Services Ltd.
HR & Manpower
match 125
52
18.6
17.8%
+41%
FAIR VALUE
EMAPARTNER
SME
EMA Partners India Ltd.
HR & Manpower
match 124
48
14.8
8.8%
+53%
FAIR VALUE
WEWIN
Small
WE WIN LIMITED
HR & Manpower
match 124
63
12.2
15.2%
+55%
UNDERVALUED
INFOLLION
SME
Infollion Research Services Ltd.
HR & Manpower
match 124
59
12.7
21.0%
+62%
FAIR VALUE
SPECTSTM
SME
Spectrum Talent Management Ltd.
HR & Manpower
match 123
58
11.1
7.4%
+60%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Aarvi Encon Limited operates in Engineering Staffing, within the Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
82Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 94th percentile of the scored universe and 96th percentile within Services. No major sub-score weakness stands out.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
47 docs text-extracted · 1 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
94th percentile
overall median 67 · Services: 96th pctile, median 66 · Small: 96th pctile, median 66
Evidence depth
Financial-only
47 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
68
acceptable · capital discipline
Results
95
strong · quarterly consistency
Trust positives
- ▸Promoter holding is 73.4%.
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 3.8%.
- ▸7 years of positive FCF.
Trust risks
- ▸No major Trust Lite risk flags.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Aarvi Encon Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Investor presentationSep 2026
Sep 2026 · PPT
Source: Bse
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 20 Aug - Aarvi Encon wins ₹30.63 crore MGL work order for CNG station operations from Sep 1, 2026 to Aug 31, 2029.
Source: Bse
Investor presentationAug 2026
Aug 2026 · PPT
Source: Bse
AnnouncementAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Demise 20 Aug - Company reports demise of Senior Management Personnel Reyaz Khan, General Manager–Kolkata Branch, on August 20, 2026.
Source: Bse
Concall transcriptAug 2026
Aug 2026 · Transcript Of 38Th Annual General Meeting. 17 Aug - Transcript of 38th AGM held on August 14, 2026; discussed FY26 results, 20% dividend, and BSE listing.
Source: Bse
Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Nse
Annual reportMar 2026
Jul 2026 · Shareholders meeting 22 July 2026 - 38th AGM on August 14, 2026 at 11:00 AM via VC/OAVM; FY26 annual report released.
Source: Nse
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Nse
Investor presentationNov 2024
Nov 2024 · PPT
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.