Aarvi Encon Ltd
Incorporated in 1987, Aarvi is India’s leading technical staffing company, which specializes in providing expert engineering staffing solutions.[1]
- Market Cap ₹ 197 Cr.
- Current Price ₹ 134
- High / Low ₹ 184 / 113
- Stock P/E 21.8
- Book Value ₹ 69.3
- Dividend Yield 1.50 %
- ROCE 12.4 %
- ROE 10.6 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 24.5%
Cons
- Tax rate seems low
- Earnings include an other income of Rs.3.54 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Miscellaneous Industry: Miscellaneous
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 78 | 96 | 114 | 109 | 146 | 169 | 192 | 191 | 190 | 275 | 383 | 378 | 406 | |
| 70 | 86 | 103 | 104 | 139 | 160 | 183 | 185 | 182 | 261 | 366 | 366 | 397 | |
| Operating Profit | 8 | 10 | 11 | 5 | 8 | 9 | 9 | 6 | 8 | 14 | 17 | 11 | 9 |
| OPM % | 11% | 10% | 10% | 5% | 5% | 5% | 4% | 3% | 4% | 5% | 4% | 3% | 2% |
| 1 | 1 | 0 | 1 | 0 | 1 | 1 | 1 | 2 | 1 | 2 | 3 | 4 | |
| Interest | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 2 | 2 | 2 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 7 | 8 | 10 | 4 | 5 | 8 | 7 | 4 | 9 | 12 | 15 | 11 | 9 |
| Tax % | 34% | 43% | 33% | 29% | 33% | 23% | 21% | -6% | -2% | 1% | 8% | 6% | |
| 4 | 5 | 6 | 3 | 4 | 6 | 6 | 4 | 9 | 12 | 14 | 10 | 9 | |
| EPS in Rs | 139.03 | 148.39 | 207.10 | 88.39 | 113.23 | 4.17 | 3.98 | 2.56 | 5.85 | 8.33 | 9.55 | 7.00 | 6.14 |
| Dividend Payout % | 14% | 13% | 10% | 23% | 0% | 12% | 25% | 39% | 26% | 24% | 21% | 29% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 14% |
| 3 Years: | 26% |
| TTM: | 8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 14% |
| 3 Years: | 6% |
| TTM: | -10% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 29% |
| 3 Years: | 30% |
| 1 Year: | 13% |
| Return on Equity | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 12% |
| 3 Years: | 14% |
| Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
| Reserves | 16 | 20 | 26 | 27 | 30 | 44 | 48 | 50 | 58 | 67 | 79 | 86 |
| 11 | 11 | 9 | 9 | 15 | 4 | 8 | 10 | 4 | 6 | 3 | 10 | |
| 11 | 14 | 14 | 12 | 16 | 16 | 27 | 27 | 30 | 43 | 43 | 41 | |
| Total Liabilities | 42 | 47 | 51 | 51 | 64 | 78 | 98 | 101 | 106 | 131 | 140 | 152 |
| 9 | 9 | 8 | 7 | 7 | 6 | 12 | 11 | 10 | 10 | 10 | 9 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 32 | 38 | 43 | 43 | 57 | 71 | 85 | 90 | 95 | 121 | 129 | 142 | |
| Total Assets | 42 | 47 | 51 | 51 | 64 | 78 | 98 | 101 | 106 | 131 | 140 | 152 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7 | 4 | 4 | 0 | 0 | -9 | 1 | -1 | 14 | -8 | 7 | -3 | |
| -6 | -0 | -0 | -1 | -0 | -0 | -5 | 0 | 2 | 0 | -0 | 2 | |
| -0 | -3 | -4 | -1 | 4 | 8 | 1 | -2 | -7 | -1 | -7 | 2 | |
| Net Cash Flow | 1 | 1 | 0 | -2 | 5 | -1 | -3 | -3 | 9 | -8 | -1 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 98 | 107 | 100 | 91 | 81 | 84 | 80 | 92 | 94 | 92 | 75 | 69 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 98 | 107 | 100 | 91 | 81 | 84 | 80 | 92 | 94 | 92 | 75 | 69 |
| Working Capital Days | 55 | 63 | 61 | 54 | 44 | 56 | 45 | 55 | 57 | 58 | 45 | 57 |
| ROCE % | 29% | 30% | 31% | 13% | 16% | 17% | 12% | 7% | 12% | 17% | 19% | 12% |
Documents
Announcements
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Updates
18 November 2024 - Aarvi Encon Limited has informed regarding 'Earnings Presentation for the quarter and half year ended 30th September, 2024'.
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Outcome of Board Meeting
13 November 2024 - Aarvi Encon Limited has informed regarding Outcome of Board Meeting held on November 13, 2024.
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Financial Result Updates
13 November 2024 - Aarvi Encon Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
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Board Meeting Intimation
6 November 2024 - AARVI ENCON LIMITED has informed about Board Meeting to be held on 13-Nov-2024 to inter-alia consider and approve the Unaudited Financial results of the Company …
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Credit Rating- Revision
22 October 2024 - Aarvi Encon Limited has informed about Credit Rating- Revision
Annual reports
Concalls
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Nov 2024TranscriptNotesPPT
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Business Overview:[1]
a) AEL is an ISO 9001: 2015 certified company with a CRISIL SME-1 rating. It provides Engineering and Manpower Outsourcing Services in India and abroad
b) Aarvi provides engineers /designers/technicians right from project conceptualization, Design, Construction, & its Commissioning, including the plant maintenance
c) It can also mobilize manpower for shutdown assignment of 15 days to
a few months
d) Aarvi has a large in-house 8+ lac resume database and a referral based program