What we do Aarvi Encon Ltd specializes in engineering and technical manpower outsourcing services across sectors like Oil & Gas, Power, and Infrastructure in India and international markets. |
Founded in 1,987 |
Market share Largest technical staffing company in India with over 6,000 engineers deployed globally, expanding its footprint via subsidiaries and joint ventures. |
Problem solved Provides clients with skilled technical manpower, addressing the critical need for qualified engineering and manpower resources across industries. |
Top clients or who we serve Serves corporate clients in Oil & Gas, Power, Refinery, Petrochemical, Pipeline, and Infrastructure sectors; predominantly B2B services. |
Key management Virendra D. Sanghavi (Managing Director), Jaydev V. Sanghavi (Executive Director and CFO) |
Our journey and innovations Started in 1987 with 3 engineers; pioneered technical staffing in India; expanded internationally with subsidiaries in UAE, Indonesia, Qatar, and Saudi Arabia. |
Where we operate India, UAE, Indonesia, Qatar, Saudi Arabia, Oman; with offices and subsidiaries in Middle East and Southeast Asia. |
Top products or what we offer Engineering and technical manpower outsourcing, staffing solutions, recruitment services across multiple industrial sectors. |
Top brands - |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely recurring from manpower outsourcing contracts across diverse sectors. |
Our industry position Market leader in India’s engineering staffing sector, growing presence internationally via joint ventures and acquisitions. |
Financial highlights FY2024-25 consolidated revenue Rs 510.39 crore (+25.67% YoY); net profit Rs 10.04 crore; strong revenue growth amidst margin pressures. |
Geographical revenue split India contributes Rs 510.39 crore; Outside India Rs 46.23 crore; total consolidated revenue Rs 510.39 crore approx. |
Order book - |
Whats driving growth Demand growth in infrastructure, oil & gas; strategic international expansions; increasing engineering manpower outsourcing needs. |
Our future plans Expanding international subsidiaries and joint ventures; acquisition of MNR Technical Staffing; starting new energy services subsidiary. |
Our green promise Committed to energy conservation and sustainability through operational efficiency initiatives and ISO 14001 certification. |
Our people and values 220 permanent employees; 6625 contract staff; emphasis on talent retention via employee stock option scheme and positive workplace culture. |
Key challenges ahead Managing rising costs in international operations; improving margins while expanding global footprint; adapting to market competition. |
Interesting facts Pioneered technical staffing services in India; over three decades of client relationships; awarded 'Great Place to Work' certification. |
Risks and strategy Risks include margin pressure and international cost inflation; mitigated by operational efficiencies, diversified client base, and strategic geographic expansion. |
