
About Aarvi
Aarvi is a publicly listed company based in Mumbai (India) founded in 1987. It operates as a staffing, recruitment, project management, and manpower outsourcing services are offered. The company has 4,807 employees. Its website aarviencon.com draws about 14 thousand monthly visits. Its Indian entity Aarvi Encon Limited reported revenue of βΉ513 Cr. Its focus areas include HR Services and Recruitment Services. Similar companies include TeamLease, Able Jobs, NetAmbit, PageGroup and Spectrum Talent Management and 4 more; 5 of its 9 listed similar companies have raised funding.
Company details
Aarvi was founded in 1987 and is headquartered in Mumbai, India. Operations focus on the human resources sector, where staffing solutions, recruitment processes, project management, and manpower outsourcing are managed. Services are extended to various industries across India, supporting workforce needs through structured placements and operational support. Leadership is provided by Managing Director Virendra D Sanghavi, who also chairs the CSR Committee.
- Headquarters Mumbai, India
- Employees 4,807
- Stage Public
- SectorsBusiness Services
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website aarviencon.com
- Social LinkedIn Facebook
- Legal Name Aarvi Encon Ltd.
- Market Cap₹203 Cr
AARVI · NSE
- Share Price₹136.87
-1.78% 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)10.5x
P/B 1.5x
- ROE13.2%
ROCE 13.9%
- Debt / Equity0.20
Interest cover 16.2x
- Employee Count4,807
Associated legal entities of Aarvi
Aarvi operates through Aarvi Encon Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Aarvi Encon Limited Listed CIN L29290MH1987PLC045499 | Active | 03 Dec 1987 | Mumbai, Maharashtra | ₹513 Cr | 4,807 | 8 | View details |
Board of directors of Aarvi Encon Limited (Aarvi)
Aarvi Encon Limited is the primary company behind Aarvi. The board of Aarvi Encon Limited currently have 6 directors; the longest-serving is Virendra Dalpatram Sanghavi, appointed in 1987. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Virendra Dalpatram Sanghavi DIN 00759176 | Managing Director | 03 Dec 1987 | 38 yrs 10 mo | Aarvi Encon Limited |
| Jaydev Virendra Sanghavi DIN 00759042 | Director | 09 Nov 2005 | 20 yrs 11 mo | Aarvi Encon Limited |
| Sonal Nitin Doshi DIN 06672497 | Director | 03 Jun 2017 | 9 yrs 4 mo | Aarvi Encon Limited |
| Devendra Jashwantrai Shrimanker DIN 00385083 | Director | 03 Jun 2017 | 9 yrs 4 mo | Aarvi Encon Limited |
| Ramamoorthy Ramachandran DIN 07049995 | Director | 23 Jan 2023 | 3 yrs 8 mo | Aarvi Encon Limited |
| Jagat Suresh Parikh DIN 06757116 | Director | 02 Feb 2026 | 8 mo | Aarvi Encon Limited |
People of Aarvi
42 people are tracked at Aarvi (5 in leadership, 5 in board & advisors, 32 in team); the tracked headcount is 4,807.
| Name | Role | Group |
|---|---|---|
| Managing Director & Chairperson of CSR Committee | Leadership | |
Manoj Ramakrishnan | Sr. Vice President, India & International | Leadership |
| Executive Director | Leadership | |
Madhavi K | Dy. General Manager-operations | Leadership |
Rakesh Samant | Dy. General Manager - Operation | Leadership |
| Chairperson | Board & advisors | |
| Non-Executive & Independent Director | Board & advisors | |
Padma Devarajan | Non-Executive & Independent Director | Board & advisors |
Sharad S. Sanghi | Independent Director | Board & advisors |
| Independent Non-Executive Director | Board & advisors | |
Sharukh Khan | Electrical Engineer | Team |
M.D. Moiduzzaman | Mechanical Engineer | Team |
Kedar Datar | Sr. Manager - Business Development & Operations | Team |
Jordy Simamora | Business Development Manager | Team |
Shivani Sarfare | Marketing (telecalling) | Team |
Sanjeev Pandey | Project Engineer | Team |
Prem Gehlot | Operation And Maintenance Engineer | Team |
Cs - Leela Bisht | Company Secretary And Compliance Officer | Team |
Jayaraman Mani | Piping Engineer | Team |
Kailash Kumar Mali | Site Administrator | Team |
22 more people are available in the full profile.
Complete people profiles for Aarvi
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Aarvi
Aarvi is a publicly listed company on the NSE with ticker symbol AARVI in India, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date24 Jun 2020
- Listed onNSE: AARVI
- Listed entityAarvi Encon Ltd.
- Exchange sectorCommercial services
- ISININE754X01016
- Share price₹140.03 (-0.28% on the day) · 2026-10-14
- Market capitalisation₹208 Cr
- Price to earnings10.8
- EPS (diluted, trailing year)₹12.99
- Dividend yield1.42%
- Volume (last session)2,330
Financials of Aarvi
Exchange-reported figures of Aarvi Encon Limited, the listed company behind Aarvi (NSE: AARVI).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 650 | 510 | 406 | 437 | 289 | 202 | 218 |
| Revenue growth | +27.3% | +25.7% | -7.0% | +51.3% | +43.0% | -7.5% | - |
| EBITDA | 21.50 | 14.24 | 12.92 | 17.71 | 13.23 | 9.74 | 9.44 |
| EBITDA margin | +3.3% | +2.8% | +3.2% | +4.1% | +4.6% | +4.8% | +4.3% |
| Profit before tax | 19.93 | 11.24 | 12.11 | 15.66 | 12.15 | 10.32 | 6.95 |
| Net profit | 17.99 | 10.00 | 11.35 | 15.25 | 12.24 | 10.48 | 7.16 |
| Net profit margin | +2.8% | +2.0% | +2.8% | +3.5% | +4.2% | +5.2% | +3.3% |
| EPS (βΉ) | 11.90 | 6.78 | 7.67 | 9.82 | 8.16 | 7.08 | 4.86 |
| Balance sheet | |||||||
| Total assets | 176 | 156 | 128 | 112 | 103 | 89.91 | 86.97 |
| Net worth | 142 | 125 | 117 | 108 | 94.69 | 85.07 | 76.32 |
| Total debt | 26.70 | 26.78 | 9.75 | 3.40 | 6.43 | 3.54 | 9.60 |
| Cash & bank | 12.32 | 9.47 | 23.33 | 6.67 | 7.26 | 20.59 | 6.48 |
| Net working capital | 109 | 100 | 91.34 | 66.84 | 57.97 | 53.83 | 39.79 |
| Cash flow | |||||||
| Cash from operations | 8.05 | (2.40) | 3.14 | 3.21 | (10.41) | 16.97 | 3.70 |
| Cash from investing | 0.36 | (12.64) | 1.15 | (0.12) | 0.11 | 2.04 | (0.44) |
| Cash from financing | (5.94) | 11.07 | 2.01 | (3.77) | (1.08) | (7.47) | (1.92) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 173 | 172 | 167 | 159 | 151 | 144 | 132 | 121 |
| Revenue growth (YoY) | +14.1% | +19.3% | +27.2% | +31.3% | +33.5% | - | - | - |
| Other income | 3.02 | 0.80 | 0.46 | 0.65 | 0.68 | 0.49 | 0.46 | 1.04 |
| EBITDA | 4.49 | 6.81 | 4.69 | 5.58 | 4.93 | 4.44 | 3.64 | 2.00 |
| EBITDA margin | +2.6% | +4.0% | +2.8% | +3.5% | +3.3% | +3.1% | +2.8% | +1.7% |
| Depreciation | 0.52 | 0.48 | 0.46 | 0.44 | 0.39 | 0.50 | 0.47 | 0.31 |
| Interest | 0.75 | 0.71 | 0.69 | 0.71 | 0.78 | 0.83 | 0.79 | 0.79 |
| Profit before tax | 6.24 | 6.42 | 4.00 | 5.08 | 4.44 | 3.60 | 2.84 | 1.94 |
| Tax | 0.25 | 1.83 | (0.03) | 0.29 | 0.22 | 0.66 | 0.46 | (0.17) |
| Net profit | 5.99 | 4.59 | 4.03 | 4.79 | 4.22 | 2.94 | 2.38 | 2.11 |
| EPS (βΉ) | 4.01 | 3.07 | 2.69 | 3.22 | 2.83 | 1.98 | 1.59 | 1.42 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 570 | 464 | 378 | 383 | 275 | 190 | 191 |
| Revenue growth | +22.8% | +22.9% | -1.3% | +39.4% | +44.7% | -0.8% | - |
| EBITDA | 13.94 | 11.06 | 11.43 | 17.00 | 13.44 | 7.94 | 6.01 |
| EBITDA margin | +2.5% | +2.4% | +3.0% | +4.4% | +4.9% | +4.2% | +3.1% |
| Profit before tax | 13.02 | 8.63 | 11.03 | 15.30 | 12.39 | 8.51 | 3.56 |
| Net profit | 11.77 | 7.69 | 10.35 | 14.08 | 12.48 | 8.66 | 3.77 |
| Net profit margin | +2.1% | +1.7% | +2.7% | +3.7% | +4.6% | +4.6% | +2.0% |
| EPS (βΉ) | 7.70 | 5.22 | 7.00 | 9.55 | 8.33 | 5.85 | 2.56 |
| Balance sheet | |||||||
| Total assets | 149 | 138 | 113 | 97.61 | 89.88 | 77.27 | 75.72 |
| Net worth | 116 | 107 | 101 | 93.75 | 81.83 | 72.43 | 65.14 |
| Total debt | 26.70 | 26.78 | 9.75 | 3.40 | 6.43 | 3.54 | 9.53 |
| Cash & bank | 4.46 | 6.00 | 13.09 | 2.49 | 3.01 | 13.08 | 1.64 |
| Net working capital | 78.71 | 79.22 | 71.86 | 50.16 | 46.63 | 42.69 | 30.48 |
| Cash flow | |||||||
| Cash from operations | 3.39 | 3.84 | (3.20) | 6.74 | (7.51) | 14.42 | (0.89) |
| Cash from investing | 0.61 | (12.13) | 1.50 | (0.34) | 0.18 | 1.84 | 0.28 |
| Cash from financing | (5.93) | 11.07 | 1.92 | (7.00) | (0.78) | (7.40) | (1.93) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 154 | 149 | 146 | 140 | 135 | 129 | 120 | 110 |
| Revenue growth (YoY) | +14.6% | +15.6% | +21.9% | +26.6% | +28.8% | - | - | - |
| Other income | 3.13 | 1.13 | 0.57 | 0.94 | 0.57 | 0.70 | 0.92 | 0.81 |
| Total expenses | 150 | 145 | 143 | 136 | 131 | 126 | 118 | 109 |
| EBITDA | 4.23 | 4.85 | 2.71 | 3.43 | 3.47 | 3.78 | 2.16 | 1.54 |
| EBITDA margin | +2.7% | +3.2% | +1.9% | +2.5% | +2.6% | +2.9% | +1.8% | +1.4% |
| Depreciation | 0.52 | 0.48 | 0.46 | 0.43 | 0.38 | 0.49 | 0.47 | 0.31 |
| Interest | 0.74 | 0.70 | 0.69 | 0.71 | 0.77 | 0.83 | 0.79 | 0.79 |
| Profit before tax | 6.10 | 4.80 | 2.13 | 3.23 | 2.89 | 3.16 | 1.82 | 1.25 |
| Tax | 0.24 | 1.59 | (0.21) | 0.10 | 0.14 | 0.34 | 0.46 | (0.17) |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 173 | 172 | 167 | 159 | 151 | 144 | 132 | 121 |
| Revenue growth (YoY) | +14.1% | +19.3% | +27.2% | +31.3% | +33.5% | - | - | - |
| Other income | 3.02 | 0.80 | 0.46 | 0.65 | 0.68 | 0.49 | 0.46 | 1.04 |
| EBITDA | 4.49 | 6.81 | 4.69 | 5.58 | 4.93 | 4.44 | 3.64 | 2.00 |
| EBITDA margin | +2.6% | +4.0% | +2.8% | +3.5% | +3.3% | +3.1% | +2.8% | +1.7% |
| Depreciation | 0.52 | 0.48 | 0.46 | 0.44 | 0.39 | 0.50 | 0.47 | 0.31 |
| Interest | 0.75 | 0.71 | 0.69 | 0.71 | 0.78 | 0.83 | 0.79 | 0.79 |
| Profit before tax | 6.24 | 6.42 | 4.00 | 5.08 | 4.44 | 3.60 | 2.84 | 1.94 |
| Tax | 0.25 | 1.83 | (0.03) | 0.29 | 0.22 | 0.66 | 0.46 | (0.17) |
| Net profit | 5.99 | 4.59 | 4.03 | 4.79 | 4.22 | 2.94 | 2.38 | 2.11 |
| EPS (βΉ) | 4.01 | 3.07 | 2.69 | 3.22 | 2.83 | 1.98 | 1.59 | 1.42 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 650 | 510 | 406 | 437 | 289 | 202 | 218 |
| Revenue growth | +27.3% | +25.7% | -7.0% | +51.3% | +43.0% | -7.5% | - |
| Other income | 3.39 | 2.48 | 2.33 | 1.31 | 1.18 | 2.30 | 0.60 |
| Total expenses | 628 | 496 | 393 | 419 | 275 | 192 | 209 |
| Employee cost | 485 | 374 | 290 | 288 | 213 | 154 | 143 |
| EBITDA | 21.50 | 14.24 | 12.92 | 17.71 | 13.23 | 9.74 | 9.44 |
| EBITDA margin | +3.3% | +2.8% | +3.2% | +4.1% | +4.6% | +4.8% | +4.3% |
| Depreciation | 1.77 | 1.57 | 1.27 | 1.23 | 1.02 | 0.97 | 1.24 |
| Interest | 3.19 | 3.91 | 1.87 | 2.13 | 1.24 | 0.75 | 1.85 |
| Profit before tax | 19.93 | 11.24 | 12.11 | 15.66 | 12.15 | 10.32 | 6.95 |
| Tax | 2.31 | 1.17 | 0.76 | 1.16 | 0.08 | (0.16) | (0.23) |
| Net profit | 17.99 | 10.00 | 11.35 | 15.25 | 12.24 | 10.48 | 7.16 |
| Net profit margin | +2.8% | +2.0% | +2.8% | +3.5% | +4.2% | +5.2% | +3.3% |
| EPS (βΉ) | 11.90 | 6.78 | 7.67 | 9.82 | 8.16 | 7.08 | 4.86 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 14.81 | 14.81 | 14.78 | 14.78 | 14.78 | 14.78 | 14.78 |
| Reserves & surplus | 126 | 110 | 102 | 93.28 | 79.91 | 70.29 | 61.54 |
| Shareholders' funds (net worth) | 142 | 125 | 117 | 108 | 94.69 | 85.07 | 76.32 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 26.70 | 26.78 | 9.75 | 3.40 | 6.43 | 3.54 | 8.85 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.75 |
| Total debt | 26.70 | 26.78 | 9.75 | 3.40 | 6.43 | 3.54 | 9.60 |
| Total liabilities | 176 | 156 | 128 | 112 | 103 | 89.91 | 86.97 |
| Assets | |||||||
| Gross block | 27.91 | 27.57 | 18.67 | 17.85 | 17.12 | 17.75 | 18.47 |
| Net block | 16.86 | 17.70 | 9.65 | 10.10 | 10.14 | 10.21 | 11.39 |
| Capital work in progress | 0.15 | 0.00 | 0.00 | 0.00 | 0.00 | 0.17 | 0.12 |
| Investments | 4.94 | 5.52 | 0.40 | 0.37 | 0.36 | 0.34 | 0.32 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 102 | 115 | 82.97 | 95.03 | 81.01 | 53.43 | 58.03 |
| Cash & bank balances | 12.32 | 9.47 | 23.33 | 6.67 | 7.26 | 20.59 | 6.48 |
| Loans & advances | 55.38 | 32.16 | 27.85 | 11.29 | 15.63 | 9.76 | 6.02 |
| Total current assets | 170 | 157 | 134 | 113 | 104 | 83.78 | 70.53 |
| Total current liabilities | 61.23 | 56.63 | 42.81 | 46.15 | 45.93 | 29.95 | 30.74 |
| Net working capital | 109 | 100 | 91.34 | 66.84 | 57.97 | 53.83 | 39.79 |
| Total assets | 176 | 156 | 128 | 112 | 103 | 89.91 | 86.97 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 6.70 | 10.68 | 4.39 | 5.07 | 16.45 | 4.92 | 3.58 |
| Net cash from operating activities | 8.05 | (2.40) | 3.14 | 3.21 | (10.41) | 16.97 | 3.70 |
| Net cash from investing activities | 0.36 | (12.64) | 1.15 | (0.12) | 0.11 | 2.04 | (0.44) |
| Net cash from financing activities | (5.94) | 11.07 | 2.01 | (3.77) | (1.08) | (7.47) | (1.92) |
| Net change in cash | 2.46 | (3.98) | 6.30 | (0.68) | (11.38) | 11.53 | 1.33 |
| Closing cash | 12.32 | 9.47 | 23.33 | 6.67 | 7.26 | 20.59 | 6.48 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 / equity | 0.20 | 0.15 | 0.06 | 0.05 | 0.06 | 0.08 | 0.12 |
| Long-term debt / equity | 0.02 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Interest cover | 16.17 | 30.86 | 16.05 | 12.92 | 10.16 | 8.55 | 22.56 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 23.43 | 22.08 | 22.24 | 24.97 | 16.55 | 11.14 | 10.62 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 5.97 | 5.14 | 4.56 | 4.96 | 4.29 | 3.62 | 4.08 |
| EPS (βΉ) | 11.90 | 6.78 | 7.67 | 9.82 | 8.16 | 7.08 | 4.86 |
| Dividend per share (βΉ) | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.50 | 1.00 |
| Book value per share (βΉ) | 94.90 | 83.98 | 78.75 | 73.09 | 64.05 | 57.54 | 51.63 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 154 | 149 | 146 | 140 | 135 | 129 | 120 | 110 |
| Revenue growth (YoY) | +14.6% | +15.6% | +21.9% | +26.6% | +28.8% | - | - | - |
| Other income | 3.13 | 1.13 | 0.57 | 0.94 | 0.57 | 0.70 | 0.92 | 0.81 |
| Total expenses | 150 | 145 | 143 | 136 | 131 | 126 | 118 | 109 |
| EBITDA | 4.23 | 4.85 | 2.71 | 3.43 | 3.47 | 3.78 | 2.16 | 1.54 |
| EBITDA margin | +2.7% | +3.2% | +1.9% | +2.5% | +2.6% | +2.9% | +1.8% | +1.4% |
| Depreciation | 0.52 | 0.48 | 0.46 | 0.43 | 0.38 | 0.49 | 0.47 | 0.31 |
| Interest | 0.74 | 0.70 | 0.69 | 0.71 | 0.77 | 0.83 | 0.79 | 0.79 |
| Profit before tax | 6.10 | 4.80 | 2.13 | 3.23 | 2.89 | 3.16 | 1.82 | 1.25 |
| Tax | 0.24 | 1.59 | (0.21) | 0.10 | 0.14 | 0.34 | 0.46 | (0.17) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 570 | 464 | 378 | 383 | 275 | 190 | 191 |
| Revenue growth | +22.8% | +22.9% | -1.3% | +39.4% | +44.7% | -0.8% | - |
| Other income | 4.00 | 3.04 | 2.72 | 1.61 | 1.21 | 2.29 | 0.62 |
| Total expenses | 556 | 453 | 366 | 366 | 261 | 182 | 185 |
| Employee cost | 437 | 347 | 285 | 285 | 212 | 152 | 140 |
| EBITDA | 13.94 | 11.06 | 11.43 | 17.00 | 13.44 | 7.94 | 6.01 |
| EBITDA margin | +2.5% | +2.4% | +3.0% | +4.4% | +4.9% | +4.2% | +3.1% |
| Depreciation | 1.76 | 1.56 | 1.25 | 1.19 | 1.02 | 0.97 | 1.22 |
| Interest | 3.16 | 3.91 | 1.87 | 2.12 | 1.24 | 0.75 | 1.85 |
| Profit before tax | 13.02 | 8.63 | 11.03 | 15.30 | 12.39 | 8.51 | 3.56 |
| Tax | 1.61 | 0.87 | 0.68 | 1.18 | 0.08 | (0.15) | (0.23) |
| Net profit | 11.77 | 7.69 | 10.35 | 14.08 | 12.48 | 8.66 | 3.77 |
| Net profit margin | +2.1% | +1.7% | +2.7% | +3.7% | +4.6% | +4.6% | +2.0% |
| EPS (βΉ) | 7.70 | 5.22 | 7.00 | 9.55 | 8.33 | 5.85 | 2.56 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 14.81 | 14.81 | 14.78 | 14.78 | 14.78 | 14.78 | 14.78 |
| Reserves & surplus | 101 | 92.28 | 86.50 | 78.97 | 67.05 | 57.65 | 50.36 |
| Shareholders' funds (net worth) | 116 | 107 | 101 | 93.75 | 81.83 | 72.43 | 65.14 |
| Secured loans | 26.70 | 26.78 | 9.75 | 3.40 | 6.43 | 3.54 | 8.85 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.68 |
| Total debt | 26.70 | 26.78 | 9.75 | 3.40 | 6.43 | 3.54 | 9.53 |
| Total liabilities | 149 | 138 | 113 | 97.61 | 89.88 | 77.27 | 75.72 |
| Assets | |||||||
| Gross block | 27.33 | 26.99 | 18.10 | 17.34 | 16.61 | 17.30 | 18.02 |
| Net block | 16.59 | 17.43 | 9.38 | 9.87 | 9.87 | 10.00 | 11.17 |
| Capital work in progress | 0.15 | 0.00 | 0.00 | 0.00 | 0.00 | 0.17 | 0.12 |
| Investments | 5.60 | 6.09 | 1.00 | 0.89 | 0.67 | 0.67 | 0.67 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 81.04 | 96.35 | 71.75 | 78.74 | 69.24 | 48.72 | 48.34 |
| Cash & bank balances | 4.46 | 6.00 | 13.09 | 2.49 | 3.01 | 13.08 | 1.64 |
| Loans & advances | 49.48 | 28.08 | 26.53 | 10.83 | 15.48 | 9.51 | 5.96 |
| Total current assets | 135 | 130 | 111 | 92.06 | 87.73 | 71.31 | 55.94 |
| Total current liabilities | 56.27 | 51.21 | 39.51 | 41.90 | 41.10 | 28.62 | 25.46 |
| Net working capital | 78.71 | 79.22 | 71.86 | 50.16 | 46.63 | 42.69 | 30.48 |
| Total assets | 149 | 138 | 113 | 97.61 | 89.88 | 77.27 | 75.72 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 3.23 | 0.44 | 0.21 | 0.82 | 8.94 | 0.08 | 2.62 |
| Net cash from operating activities | 3.39 | 3.84 | (3.20) | 6.74 | (7.51) | 14.42 | (0.89) |
| Net cash from investing activities | 0.61 | (12.13) | 1.50 | (0.34) | 0.18 | 1.84 | 0.28 |
| Net cash from financing activities | (5.93) | 11.07 | 1.92 | (7.00) | (0.78) | (7.40) | (1.93) |
| Net change in cash | (1.92) | 2.79 | 0.23 | (0.60) | (8.12) | 8.86 | (2.54) |
| Closing cash | 4.46 | 6.00 | 13.09 | 2.49 | 3.01 | 13.08 | 1.64 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 / equity | 0.24 | 0.18 | 0.07 | 0.06 | 0.06 | 0.09 | 0.14 |
| Long-term debt / equity | 0.03 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Interest cover | 25.94 | 41.16 | 18.37 | 13.41 | 9.98 | 10.76 | 38.62 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 20.98 | 20.58 | 21.31 | 22.54 | 16.19 | 10.74 | 9.52 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 6.43 | 5.52 | 5.02 | 5.17 | 4.65 | 3.91 | 4.22 |
| EPS (βΉ) | 7.70 | 5.22 | 7.00 | 9.55 | 8.33 | 5.85 | 2.56 |
| Dividend per share (βΉ) | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.50 | 1.00 |
| Book value per share (βΉ) | 78.12 | 72.30 | 68.51 | 63.42 | 55.35 | 49.00 | 44.06 |
Similar companies to Aarvi
Aarvi has 9 listed similar companies in our database, 5 of them funded. They include TeamLease, Able Jobs, NetAmbit, PageGroup and Spectrum Talent Management, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| teamlease.com | 2000 | Bengaluru, India | $28.39M | 1,112 | Staffing and recruiting services connect employers with job candidates. | |
| ablejobs.co | 2019 | Bengaluru, India | $2.36M | 6 | Online candidate assistance is provided through tools and training platforms. | |
| netambit.com | 2000 | Noida, India | $42.41M | 1 | Sales, recruitment, payroll, and learning management services are provided. | |
| page.com | 1976 | Weybridge, United Kingdom | – | 7,219 | Recruitment consultancy services are provided to businesses and professionals. | |
| stmpl.co.in | 2008 | Noida, India | – | 19,203 | Provider of HR consulting services | |
| xpheno.com | 2016 | Bengaluru, India | $949,325 | 6,901 | Provider of recruitment and technology consulting services | |
| v5global.com | 2005 | Delhi, India | $65,507 | 51,898 | Provider of recruitment and staffing services | |
| michaelpage.co.uk | 1976 | Addlestone, United Kingdom | – | 304 | Recruitment services and job searches are facilitated across UK industries. | |
| randstad.in | 2005 | Chennai, India | – | 65,462 | Recruitment process outsourcing services are provided to clients. |
Detailed similar companies of Aarvi
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Web traffic of Aarvi
The website of Aarvi (aarviencon.com) receives about 14.4K visits a month.
- Monthly visits14.4K
▲ 4.2% vs previous month
Websites whose visitors overlap most with Aarvi. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
indeed.co.in | indeed.co.in | 100% | – | #3,033,705 | β |
company.monsterindia.com | company.monsterindia.com | 93% | – | – | β |
| prismmanpower.com | 90% | – | #11,413,986 | View details | |
| soundlinesgroup.com | 89% | – | #2,294,523 | View details | |
| asmacsgroup.net | 88% | 8K | #2,836,685 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 17 similar websites and full traffic analytics for Aarvi
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Top companies in Human Resource & Staffing Services
10 companies that operate in the same segment as Aarvi (Human Resource & Staffing Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Staffing and recruiting services connect employers with job candidates. | 2000 | Bengaluru, Karnataka, India | USD 28.39 M | USD 1.26 B | 2,470 | |
HR consulting, recruitment, and outsourcing services are offered worldwide. | 1960 | Diemen, Noord-holland, Netherlands | – | USD 27.12 B | – | |
HR management, recruitment, and staffing services are provided. | 2015 | Bengaluru, Karnataka, India | USD 15.95 M | – | – | |
Cloud-based HRMS platform is offered for small and medium businesses. | 1988 | Dublin, United States | USD 60 M | USD 5.01 B | 3,600 | |
HR, insurance, and liability services are provided by Alera Group. | 1995 | Deerfield, United States | USD 250 M | – | – | |
Provider of laboratory tests for physicians | 1969 | Burlington, Vermont, United States | – | USD 13.95 B | 70,000 | |
Provider of software development, data analytics, and other IT suite services | 1993 | Newtown Square, Pennsylvania, United States | USD 50 M | USD 5.46 B | 61,200 | |
Provider of HR and payroll & workforce management solutions | 1977 | Weston, Florida, United States | – | – | – | |
HR management services are provided by Wanted in South Korea. | 2015 | Seoul, South Korea | USD 9 M | USD 26.43 M | 179 | |
End-to-end HR services are provided globally by Gi Group. | 1998 | Milan, Lombardy, Italy | – | – | – |
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Related news about Aarvi
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Frequently Asked Questions about Aarvi
Aarvi was founded in 1987.
Aarvi is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Aarvi has 4,807 employees.
The primary company behind Aarvi, Aarvi Encon Limited, reported revenue of βΉ513 Cr for FY 2025, up 26% year on year.
Aarvi was founded in 1987 and is headquartered in Mumbai, India. Operations focus on the human resources sector, where staffing solutions, recruitment processes, project management, and manpower outsourcing are managed. Services are extended to various industries across India, supporting workforce needs through structured placements and operational support. Leadership is provided by Managing Director Virendra D Sanghavi, who also chairs the CSR Committee.
Yes, Aarvi is publicly traded on NSE under the ticker symbol AARVI.
Aarvi operates through Aarvi Encon Limited.
The legal entities of Aarvi currently have 7 directors, including Virendra Dalpatram Sanghavi, Jaydev Virendra Sanghavi, Sonal Nitin Doshi and others.
