Aarvi Encon Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L29290MH1987PLC045499 Incorporated 03 December 1987 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: AARVI · BSE: 544850 Public Limited Company business outsourcing
Data last updated
Market Cap
₹212 Cr
AARVI · NSE
Share Price
₹147.53
+3.33% today
Revenue
₹650 Cr
FY 2025-26 · +27.3% YoY
EBITDA
₹21.50 Cr
Margin 3.3%
Net Profit
₹17.99 Cr
FY 2025-26 · +79.9% YoY
P/E (TTM)
10.7x
P/B 1.5x
ROE
13.2%
ROCE 13.9%
Debt / Equity
0.20
Interest cover 16.2x

About Aarvi Encon Limited

Data last updated:

Aarvi Encon Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 03 December 1987 and has been in existence for over 39 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L29290MH1987PLC045499. Its GSTIN is 08AAACA3640H1Z0 (Rajasthan). The company holds 3 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 544850 and NSE: AARVI.

The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹14.84 Cr. It was formerly known as Aarvi Encon Private Limited and Aarvi Encon P Limited. It is led by directors including Virendra Dalpatram Sanghavi (Managing Director) and Jaydev Virendra Sanghavi.

Its last annual general meeting (AGM) was held on 14 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 603 B1 Wing Marathon Innova Marathon Nextgen Complex Lower Parel(W), Mumbai, Maharashtra, India – 400013.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹649.85 Cr, a growth of 27.3% compared to the previous year. For the same year it recorded a net profit of ₹17.99 Cr (net margin 2.8%) and EBITDA of ₹21.5 Cr (EBITDA margin 3.3%). The net worth stands at ₹142.07 Cr (up 13.4% YoY). Total assets are valued at ₹175.5 Cr (up 12.4% YoY).

The company has about 7,585 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

The company is associated with 1 brand: Aarvi. As per MCA filings, the company has open charges of ₹82.5 Cr and satisfied charges of ₹16.24 Cr on record. Court records list 45 cases involving the company, including 10 filed by the company and 35 filed against it; 7 cases are pending. The company has 8 deals on record (7 market trades, 1 ipo); the latest was in August 2025. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 6 overdue payments to 5 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aarviencon.com.

Company details

CIN L29290MH1987PLC045499
Registration Number 045499
Incorporation Date 03 December 1987
ROC Mumbai
Listing Status Listed - Listed on NSE (AARVI); Listed on BSE (544850)
Company Status Active
Date of Last AGM 14 August 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Name history

Aarvi Encon has undergone 2 name changes throughout its history. The company was previously known as Aarvi Encon Private Limited, and Aarvi Encon P Limited. The current legal name is Aarvi Encon Limited.

Company NameStatus
Aarvi Encon LimitedCurrent
Aarvi Encon Private LimitedPrevious
Aarvi Encon P LimitedPrevious

CIN history

Aarvi Encon has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L29290MH1987PLC045499, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L29290MH1987PLC045499Current
U29290MH1987PLC045499Previous
U29290MH1987PTC045499Previous

Contact details

Aarvi Encon Limited's registered office is in Mumbai, Maharashtra. Its website is aarviencon.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    603 B1 Wing Marathon Innova Marathon Nextgen Complex Lower Parel(W), Mumbai, Maharashtra, India – 400013
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management

To see the full contact details of Aarvi Encon Limited, buy the company report.

Comprehensive company report
Aarvi Encon Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Aarvi Encon operates one associated brand: Aarvi. Each brand links to its own profile.

BrandDescriptionWebsite
Staffing, recruitment, project management, and manpower outsourcing services are offered.aarviencon.com

Business activity

The main business activity of Aarvi Encon is administrative and support service activities. In detail, this covers employment activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NAdministrative and support service activities78Employment activities

To see the full business activity and turnover split of Aarvi Encon Limited, buy the company report.

Financials of Aarvi Encon Limited

FY 2025-26 filings available

Aarvi Encon Limited reported revenue of ₹649.85 Cr (up 27.3% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹650 Cr
+27.3% YoY
EBITDA
₹21.50 Cr
+51.0% YoY
Profit After Tax
₹17.99 Cr
+79.9% YoY
Net Worth
₹142 Cr
+13.4% YoY
Total Assets
₹176 Cr
+12.4% YoY
Total Debt
₹26.70 Cr
-0.3% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue650510406437289202218
Revenue growth+27.3%+25.7%-7.0%+51.3%+43.0%-7.5%-
EBITDA21.5014.2412.9217.7113.239.749.44
EBITDA margin+3.3%+2.8%+3.2%+4.1%+4.6%+4.8%+4.3%
Profit before tax19.9311.2412.1115.6612.1510.326.95
Net profit17.9910.0011.3515.2512.2410.487.16
Net profit margin+2.8%+2.0%+2.8%+3.5%+4.2%+5.2%+3.3%
EPS (₹)11.906.787.679.828.167.084.86
Balance sheet
Total assets17615612811210389.9186.97
Net worth14212511710894.6985.0776.32
Total debt26.7026.789.753.406.433.549.60
Cash & bank12.329.4723.336.677.2620.596.48
Net working capital10910091.3466.8457.9753.8339.79
Cash flow
Cash from operations8.05(2.40)3.143.21(10.41)16.973.70
Cash from investing0.36(12.64)1.15(0.12)0.112.04(0.44)
Cash from financing(5.94)11.072.01(3.77)(1.08)(7.47)(1.92)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue173172167159151144132121
Revenue growth (YoY)+14.1%+19.3%+27.2%+31.3%+33.5%---
Other income3.020.800.460.650.680.490.461.04
EBITDA4.496.814.695.584.934.443.642.00
EBITDA margin+2.6%+4.0%+2.8%+3.5%+3.3%+3.1%+2.8%+1.7%
Depreciation0.520.480.460.440.390.500.470.31
Interest0.750.710.690.710.780.830.790.79
Profit before tax6.246.424.005.084.443.602.841.94
Tax0.251.83(0.03)0.290.220.660.46(0.17)
Net profit5.994.594.034.794.222.942.382.11
EPS (₹)4.013.072.693.222.831.981.591.42
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue570464378383275190191
Revenue growth+22.8%+22.9%-1.3%+39.4%+44.7%-0.8%-
EBITDA13.9411.0611.4317.0013.447.946.01
EBITDA margin+2.5%+2.4%+3.0%+4.4%+4.9%+4.2%+3.1%
Profit before tax13.028.6311.0315.3012.398.513.56
Net profit11.777.6910.3514.0812.488.663.77
Net profit margin+2.1%+1.7%+2.7%+3.7%+4.6%+4.6%+2.0%
EPS (₹)7.705.227.009.558.335.852.56
Balance sheet
Total assets14913811397.6189.8877.2775.72
Net worth11610710193.7581.8372.4365.14
Total debt26.7026.789.753.406.433.549.53
Cash & bank4.466.0013.092.493.0113.081.64
Net working capital78.7179.2271.8650.1646.6342.6930.48
Cash flow
Cash from operations3.393.84(3.20)6.74(7.51)14.42(0.89)
Cash from investing0.61(12.13)1.50(0.34)0.181.840.28
Cash from financing(5.93)11.071.92(7.00)(0.78)(7.40)(1.93)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue154149146140135129120110
Revenue growth (YoY)+14.6%+15.6%+21.9%+26.6%+28.8%---
Other income3.131.130.570.940.570.700.920.81
Total expenses150145143136131126118109
EBITDA4.234.852.713.433.473.782.161.54
EBITDA margin+2.7%+3.2%+1.9%+2.5%+2.6%+2.9%+1.8%+1.4%
Depreciation0.520.480.460.430.380.490.470.31
Interest0.740.700.690.710.770.830.790.79
Profit before tax6.104.802.133.232.893.161.821.25
Tax0.241.59(0.21)0.100.140.340.46(0.17)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 11 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue173172167159151144132121
Revenue growth (YoY)+14.1%+19.3%+27.2%+31.3%+33.5%---
Other income3.020.800.460.650.680.490.461.04
EBITDA4.496.814.695.584.934.443.642.00
EBITDA margin+2.6%+4.0%+2.8%+3.5%+3.3%+3.1%+2.8%+1.7%
Depreciation0.520.480.460.440.390.500.470.31
Interest0.750.710.690.710.780.830.790.79
Profit before tax6.246.424.005.084.443.602.841.94
Tax0.251.83(0.03)0.290.220.660.46(0.17)
Net profit5.994.594.034.794.222.942.382.11
EPS (₹)4.013.072.693.222.831.981.591.42
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue650510406437289202218
Revenue growth+27.3%+25.7%-7.0%+51.3%+43.0%-7.5%-
Other income3.392.482.331.311.182.300.60
Total expenses628496393419275192209
Employee cost485374290288213154143
EBITDA21.5014.2412.9217.7113.239.749.44
EBITDA margin+3.3%+2.8%+3.2%+4.1%+4.6%+4.8%+4.3%
Depreciation1.771.571.271.231.020.971.24
Interest3.193.911.872.131.240.751.85
Profit before tax19.9311.2412.1115.6612.1510.326.95
Tax2.311.170.761.160.08(0.16)(0.23)
Net profit17.9910.0011.3515.2512.2410.487.16
Net profit margin+2.8%+2.0%+2.8%+3.5%+4.2%+5.2%+3.3%
EPS (₹)11.906.787.679.828.167.084.86
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital14.8114.8114.7814.7814.7814.7814.78
Reserves & surplus12611010293.2879.9170.2961.54
Shareholders' funds (net worth)14212511710894.6985.0776.32
Minority interest0.000.000.000.000.000.000.00
Secured loans26.7026.789.753.406.433.548.85
Unsecured loans0.000.000.000.000.000.000.75
Total debt26.7026.789.753.406.433.549.60
Total liabilities17615612811210389.9186.97
Assets
Gross block27.9127.5718.6717.8517.1217.7518.47
Net block16.8617.709.6510.1010.1410.2111.39
Capital work in progress0.150.000.000.000.000.170.12
Investments4.945.520.400.370.360.340.32
Inventories0.000.000.000.000.000.000.00
Sundry debtors10211582.9795.0381.0153.4358.03
Cash & bank balances12.329.4723.336.677.2620.596.48
Loans & advances55.3832.1627.8511.2915.639.766.02
Total current assets17015713411310483.7870.53
Total current liabilities61.2356.6342.8146.1545.9329.9530.74
Net working capital10910091.3466.8457.9753.8339.79
Total assets17615612811210389.9186.97
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash6.7010.684.395.0716.454.923.58
Net cash from operating activities8.05(2.40)3.143.21(10.41)16.973.70
Net cash from investing activities0.36(12.64)1.15(0.12)0.112.04(0.44)
Net cash from financing activities(5.94)11.072.01(3.77)(1.08)(7.47)(1.92)
Net change in cash2.46(3.98)6.30(0.68)(11.38)11.531.33
Closing cash12.329.4723.336.677.2620.596.48
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+27.3%+25.7%-7.0%+51.3%+43.0%-7.5%-
EBITDA growth+51.0%+10.2%-27.1%+33.9%+35.8%+3.2%-
PBT growth+77.3%-7.2%-22.7%+28.9%+17.7%+48.5%-31.3%
Net income growth+79.9%-11.9%-25.6%+24.6%+16.8%+46.4%-
Revenue CAGR (3Y)+14.2%+20.9%+26.3%+26.0%+11.9%+5.2%+12.5%
EBITDA CAGR (3Y)+6.7%+2.5%+9.9%+23.3%+5.3%-0.6%-0.0%
Profitability & leverage
Net income margin+2.7%+2.0%+2.8%+3.3%+4.2%+5.2%+3.3%
Return on capital employed+13.9%+10.7%+11.7%+16.6%+13.9%+12.5%+10.5%
Return on net worth+13.2%+8.3%+10.1%+14.3%+13.4%+13.0%+9.8%
Debt / equity0.200.150.060.050.060.080.12
Long-term debt / equity0.020.010.000.000.000.000.01
Interest cover16.1730.8616.0512.9210.168.5522.56
Efficiency & per share
Fixed asset turnover23.4322.0822.2424.9716.5511.1410.62
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover5.975.144.564.964.293.624.08
EPS (₹)11.906.787.679.828.167.084.86
Dividend per share (₹)2.002.002.002.002.001.501.00
Book value per share (₹)94.9083.9878.7573.0964.0557.5451.63
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue154149146140135129120110
Revenue growth (YoY)+14.6%+15.6%+21.9%+26.6%+28.8%---
Other income3.131.130.570.940.570.700.920.81
Total expenses150145143136131126118109
EBITDA4.234.852.713.433.473.782.161.54
EBITDA margin+2.7%+3.2%+1.9%+2.5%+2.6%+2.9%+1.8%+1.4%
Depreciation0.520.480.460.430.380.490.470.31
Interest0.740.700.690.710.770.830.790.79
Profit before tax6.104.802.133.232.893.161.821.25
Tax0.241.59(0.21)0.100.140.340.46(0.17)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue570464378383275190191
Revenue growth+22.8%+22.9%-1.3%+39.4%+44.7%-0.8%-
Other income4.003.042.721.611.212.290.62
Total expenses556453366366261182185
Employee cost437347285285212152140
EBITDA13.9411.0611.4317.0013.447.946.01
EBITDA margin+2.5%+2.4%+3.0%+4.4%+4.9%+4.2%+3.1%
Depreciation1.761.561.251.191.020.971.22
Interest3.163.911.872.121.240.751.85
Profit before tax13.028.6311.0315.3012.398.513.56
Tax1.610.870.681.180.08(0.15)(0.23)
Net profit11.777.6910.3514.0812.488.663.77
Net profit margin+2.1%+1.7%+2.7%+3.7%+4.6%+4.6%+2.0%
EPS (₹)7.705.227.009.558.335.852.56
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital14.8114.8114.7814.7814.7814.7814.78
Reserves & surplus10192.2886.5078.9767.0557.6550.36
Shareholders' funds (net worth)11610710193.7581.8372.4365.14
Secured loans26.7026.789.753.406.433.548.85
Unsecured loans0.000.000.000.000.000.000.68
Total debt26.7026.789.753.406.433.549.53
Total liabilities14913811397.6189.8877.2775.72
Assets
Gross block27.3326.9918.1017.3416.6117.3018.02
Net block16.5917.439.389.879.8710.0011.17
Capital work in progress0.150.000.000.000.000.170.12
Investments5.606.091.000.890.670.670.67
Inventories0.000.000.000.000.000.000.00
Sundry debtors81.0496.3571.7578.7469.2448.7248.34
Cash & bank balances4.466.0013.092.493.0113.081.64
Loans & advances49.4828.0826.5310.8315.489.515.96
Total current assets13513011192.0687.7371.3155.94
Total current liabilities56.2751.2139.5141.9041.1028.6225.46
Net working capital78.7179.2271.8650.1646.6342.6930.48
Total assets14913811397.6189.8877.2775.72
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash3.230.440.210.828.940.082.62
Net cash from operating activities3.393.84(3.20)6.74(7.51)14.42(0.89)
Net cash from investing activities0.61(12.13)1.50(0.34)0.181.840.28
Net cash from financing activities(5.93)11.071.92(7.00)(0.78)(7.40)(1.93)
Net change in cash(1.92)2.790.23(0.60)(8.12)8.86(2.54)
Closing cash4.466.0013.092.493.0113.081.64
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+22.8%+22.9%-1.3%+39.4%+44.7%-0.8%-
EBITDA growth+26.0%-3.2%-32.8%+26.5%+69.3%+32.1%-
PBT growth+50.9%-21.8%-27.9%+23.5%+45.6%+139.0%-52.0%
Net income growth+53.1%-25.7%-26.5%+12.8%+44.1%+129.7%-
Revenue CAGR (3Y)+14.2%+19.1%+25.8%+26.0%+12.7%+3.9%+9.4%
EBITDA CAGR (3Y)-6.4%-6.3%+12.9%+41.4%+16.1%-3.0%-7.3%
Profitability & leverage
Net income margin+2.0%+1.7%+2.7%+3.7%+4.5%+4.6%+2.0%
Return on capital employed+11.3%+10.0%+12.3%+18.6%+16.3%+12.1%+7.2%
Return on net worth+10.2%+7.4%+10.6%+16.1%+16.0%+12.6%+5.9%
Debt / equity0.240.180.070.060.060.090.14
Long-term debt / equity0.030.020.000.000.000.000.01
Interest cover25.9441.1618.3713.419.9810.7638.62
Efficiency & per share
Fixed asset turnover20.9820.5821.3122.5416.1910.749.52
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover6.435.525.025.174.653.914.22
EPS (₹)7.705.227.009.558.335.852.56
Dividend per share (₹)2.002.002.002.002.001.501.00
Book value per share (₹)78.1272.3068.5163.4255.3549.0044.06

To see the full year-wise statements and ratios of Aarvi Encon Limited, buy the company report.

Board of directors of Aarvi Encon Limited

Aarvi Encon has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors

Auditor

Aarvi Encon Limited is audited by Jay Shah & Associates for the financial year 2025.

Auditor firmFinancial yearFirm registration number
Jay Shah & AssociatesFY 2025135424W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 73.40%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 26.60%.

Promoters: 73.40%Retail & Others: 26.60%
Sep 2026
QUARTER
73.40% Promoters
26.60% Retail & Others
Promoter holding - history
Now 73.40% · Sep 2026High 73.50% · Dec 2025Low 73.40% · Sep 2026
72%72.8%73.5%74.3%75%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 73.50%Mar 2026: 73.50%Jun 2026: 73.50%Sep 2026: 73.40%73.50%73.40%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters73.40%73.50%73.50%73.50%
Public26.60%26.50%26.50%26.50%

Charges & borrowings

Open charges
₹82.5 Cr
Satisfied charges
₹16.24 Cr
Breakdown by lending institutions
Yes Bank Limited₹37.50 Cr
The Hongkong and Shanghai Banking Corporation Limited₹25.00 Cr
Hdfc Bank Limited₹15.00 Cr
Others₹5.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 May 2024100934667Others₹5 CrOpen
15 Sep 2020100379672Hdfc Bank Limited₹15 CrOpen
15 Nov 2018100220703The Hongkong and Shanghai Banking Corporation Limited₹25 CrOpen
02 Sep 200710080753Yes Bank Limited₹37.5 CrOpen
12 Dec 2018100227593The Hongkong and Shanghai Banking Corporation Limited₹2 CrSatisfied

To see the full charge records of Aarvi Encon Limited, buy the company report.

Total charge records: 12 View all charges

Deals & funding

Aarvi Encon Limited has 8 deals on record (7 market trades, 1 ipo); the latest was in August 2025.

Total deals
8
Market trades
7
IPO
1

Deals on record (5 of 8)

WhenDealAmountParties
Aug 2025Market trade₹3.8 CrBuyer: Amit Kumar Jain Huf, Neo Apex Share Broking Services LLP
Seller: Amit Kumar Jain Huf, Neo Apex Share Broking Services LLP
Apr 2024Market trade₹1.33 CrBuyer: NK Securities Research Private Limited
Seller: NK Securities Research Private Limited
Dec 2021Market trade₹73 LakhBuyer: L7 Hitech Private Limited
Dec 2021Market trade₹85 LakhBuyer: an individual
May 2021Market trade₹2.14 CrSeller: an individual

To see the full deal history of Aarvi Encon Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Aarvi Encon Limited was last rated by Crisil on 19 Jun 2020.

Rating agencyRated onRating
Crisil19 Jun 2020

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MSME payment delays

Aarvi Encon Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 6 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 5)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
Acme Universal Safezone 9 Limited
Yashlaxmi Enterprises
an individual supplier

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Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Aarvi Encon has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Aarvi Engineering & Consults Private LimitedU74140MH2007PTC171010

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Employees & EPFO

Aarvi Encon Limited has a workforce of 7,585 employees on its EPFO records as of May 2026, across 4 active EPFO establishments.

Employee count
7,585
Active EPFO establishments
4
Employee growth
18%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-277,585
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Aarvi Encon Limited, buy the company report.

GST

Aarvi Encon has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
08AAACA3640H1Z0RajasthanActive01 Jul 2017
09AAACA3640H1ZYUttar PradeshActive01 Jul 2017
33AAACA3640H1Z7Tamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Aarvi Encon Limited, buy the company report.

Recent activity

Aarvi Encon Limited has 14 board changes on record since 1987: 7 appointments and 7 cessations. The latest: Jagat Suresh Parikh was appointed as Director on 02 Feb 2026.

AGM
Aarvi Encon Limited last Annual general meeting of members was held on 14 Aug 2026 as per latest MCA records.
Filing
Aarvi Encon Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Appointed
Jagat Suresh Parikh was appointed as Director.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 25.00 Cr registered on 15 Nov 2018 with Charge ID 100220703 was modified on 16 Apr 2025.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100934667 was registered on 23 May 2024.
Charges
A charge with Yes Bank Limited of Rs. 37.50 Cr registered on 02 Sep 2007 with Charge ID 10080753 was modified on 30 Jan 2024.
Ceased
Ramamoorthy Ramachandran ceased to be Additional Director.
Appointed
Ramamoorthy Ramachandran was appointed as Director.
Charges
A charge with Hdfc Bank Limited of Rs. 15.00 Cr registered on 15 Sep 2020 with Charge ID 100379672 was modified on 05 Jan 2023.
Charges
A charge registered on 12 Dec 2018 via Charge ID 100227593 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 02 Nov 2021.
Charges
A charge registered on 08 Nov 2014 via Charge ID 10534241 with Citi Bank N.A. was fully satisfied on 06 Nov 2020.
Ceased
Sharad Shyam Sanghi ceased to be Additional Director.

30 earlier events are in the company report.

Frequently asked questions

Aarvi Encon is an active public limited company based in Mumbai, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 03 December 1987 (39+ years old) and is registered under CIN L29290MH1987PLC045499. Listed on BSE: 544850 and NSE: AARVI.

Aarvi Encon reported revenue of ₹649.85 Cr for FY 2025-26 (up 27.3% YoY) based on consolidated financials.

Aarvi Encon has 6 current directors:

The latest financial statements of Aarvi Encon on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 14 August 2026. Year-wise statements from 2015 are in the company report.

The GSTIN of Aarvi Encon is 08AAACA3640H1Z0, registered in Rajasthan. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 09AAACA3640H1ZY (Uttar Pradesh), 33AAACA3640H1Z7 (Tamil Nadu).

The CIN (Corporate Identification Number) of Aarvi Encon is L29290MH1987PLC045499. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Aarvi Encon is a listed company as per MCA records. Its shares are listed on both BSE (code: 544850) and NSE (symbol: AARVI).

Aarvi Encon has 45 court cases on record: 10 filed by the company and 35 filed against it. 7 are pending. Most are in the district courts.

Aarvi Encon was incorporated on 03 December 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.

Aarvi Encon has 8 deals on record (7 market trades, 1 ipo); the latest was in August 2025.

Jagat Suresh Parikh was appointed as Director on 02 Feb 2026. Ramamoorthy Ramachandran ceased to be Additional Director on 10 Mar 2023. Ramamoorthy Ramachandran was appointed as Director on 23 Jan 2023. Aarvi Encon has 14 board changes on record in total.