Aarvi Encon Limited: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 13, 2025, 4:43 pm

Market Cap	153 Cr.
Current Price	103
High / Low	184/96.0
Stock P/E	15.1
Book Value	80.8
Dividend Yield	1.93 %
ROCE	11.7 %
ROE	10.1 %
Face Value	10.0
PEG Ratio	-23.99

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Aarvi Encon Limited

Competitors of Aarvi Encon Limited

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
IMEC Services Ltd	12.0 Cr.	63.2	93.4/6.65	4.34	13.4	0.00 %	2.47 %	1.85 %	10.0
Focus Business Solution Ltd	38.2 Cr.	83.0	105/59.6	77.9	14.7	0.12 %	16.1 %	13.5 %	10.0
EKI Energy Services Ltd	294 Cr.	106	407/106		153	1.88 %	24.0 %	26.2 %	10.0
CMS Info Systems Ltd	7,202 Cr.	441	616/373	20.2	124	1.33 %	27.5 %	20.5 %	10.0
Ashram Online.Com Ltd	5.68 Cr.	4.73	8.02/4.11	114	10.6	0.00 %	0.24 %	0.08 %	10.0
Industry Average	11,643.29 Cr	831.62		39.01	262.99	0.53%	15.01%	13.18%	9.05

All Competitor Stocks of Aarvi Encon Limited

Quarterly Result

Metric	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	58.49	65.39	73.69	90.99	106.64	112.65	110.94	106.30	100.87	102.29	99.88	103.11	113.33
Expenses	56.07	61.99	69.74	88.03	102.04	107.24	107.35	101.67	96.73	99.11	97.66	100.14	110.02
Operating Profit	2.42	3.40	3.95	2.96	4.60	5.41	3.59	4.63	4.14	3.18	2.22	2.97	3.31
OPM %	4.14%	5.20%	5.36%	3.25%	4.31%	4.80%	3.24%	4.36%	4.10%	3.11%	2.22%	2.88%	2.92%
Other Income	0.17	0.38	0.36	0.28	0.33	-0.50	0.34	0.27	0.12	0.31	0.90	1.00	0.48
Interest	0.14	0.13	0.19	0.28	0.32	0.44	0.54	0.46	0.31	0.35	0.39	0.42	0.67
Depreciation	0.23	0.26	0.30	0.22	0.25	0.29	0.33	0.35	0.28	0.30	0.35	0.34	0.29
Profit before tax	2.22	3.39	3.82	2.74	4.36	4.18	3.06	4.09	3.67	2.84	2.38	3.21	2.83
Tax %	0.00%	0.29%	0.00%	2.55%	0.69%	2.15%	13.07%	15.65%	9.54%	8.10%	0.42%	5.30%	7.77%
Net Profit	2.21	3.37	3.82	2.66	4.32	4.09	2.65	3.45	3.32	2.61	2.38	3.04	2.61
EPS in Rs	1.49	2.28	2.58	1.80	2.92	2.77	1.79	2.33	2.25	1.77	1.61	2.06	1.77

Last Updated: Unknown

Below is a detailed analysis of the quarterly data for Aarvi Encon Limited based on the most recent figures (Jun 2024) and their trends compared to the previous period:

For Sales, as of Jun 2024, the value is ₹113.33 Cr.. The value appears strong and on an upward trend. It has increased from 103.11 Cr. (Mar 2024) to ₹113.33 Cr., marking an increase of ₹10.22 Cr..
For Expenses, as of Jun 2024, the value is ₹110.02 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 100.14 Cr. (Mar 2024) to ₹110.02 Cr., marking an increase of ₹9.88 Cr..
For Operating Profit, as of Jun 2024, the value is ₹3.31 Cr.. The value appears strong and on an upward trend. It has increased from 2.97 Cr. (Mar 2024) to ₹3.31 Cr., marking an increase of ₹0.34 Cr..
For OPM %, as of Jun 2024, the value is 2.92%. The value appears strong and on an upward trend. It has increased from 2.88% (Mar 2024) to 2.92%, marking an increase of 0.04%.
For Other Income, as of Jun 2024, the value is ₹0.48 Cr.. The value appears to be declining and may need further review. It has decreased from 1.00 Cr. (Mar 2024) to ₹0.48 Cr., marking a decrease of 0.52 Cr..
For Interest, as of Jun 2024, the value is ₹0.67 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.42 Cr. (Mar 2024) to ₹0.67 Cr., marking an increase of ₹0.25 Cr..
For Depreciation, as of Jun 2024, the value is ₹0.29 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.34 Cr. (Mar 2024) to ₹0.29 Cr., marking a decrease of 0.05 Cr..
For Profit before tax, as of Jun 2024, the value is ₹2.83 Cr.. The value appears to be declining and may need further review. It has decreased from 3.21 Cr. (Mar 2024) to ₹2.83 Cr., marking a decrease of 0.38 Cr..
For Tax %, as of Jun 2024, the value is 7.77%. The value appears to be increasing, which may not be favorable. It has increased from 5.30% (Mar 2024) to 7.77%, marking an increase of 2.47%.
For Net Profit, as of Jun 2024, the value is ₹2.61 Cr.. The value appears to be declining and may need further review. It has decreased from 3.04 Cr. (Mar 2024) to ₹2.61 Cr., marking a decrease of 0.43 Cr..
For EPS in Rs, as of Jun 2024, the value is 1.77. The value appears to be declining and may need further review. It has decreased from ₹2.06 (Mar 2024) to 1.77, marking a decrease of ₹0.29.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 7, 2025, 9:25 pm

Metric	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
Sales	80	99	115	110	153	173	206	218	202	289	437	406	469
Expenses	71	89	103	105	144	164	195	209	192	275	418	393	457
Operating Profit	8	10	12	5	9	10	11	9	10	13	19	13	12
OPM %	11%	10%	10%	5%	6%	6%	6%	4%	5%	5%	4%	3%	3%
Other Income	1	1	0	1	0	2	1	1	2	1	0	2	3
Interest	2	1	1	1	2	1	1	2	1	1	2	2	3
Depreciation	1	1	1	1	1	1	1	1	1	1	1	1	1
Profit before tax	7	8	10	4	7	10	10	7	10	12	16	12	11
Tax %	34%	43%	34%	31%	25%	19%	15%	-3%	-2%	1%	7%	6%
Net Profit	4	5	6	3	5	8	9	7	10	12	15	11	10
EPS in Rs	139.68	152.58	207.10	81.61	172.90	5.26	5.84	4.86	7.08	8.16	9.81	7.67	6.86
Dividend Payout %	14%	13%	10%	25%	0%	10%	17%	21%	21%	24%	20%	26%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	25.00%	20.00%	-50.00%	66.67%	60.00%	12.50%	-22.22%	42.86%	20.00%	25.00%	-26.67%
Change in YoY Net Profit Growth (%)	0.00%	-5.00%	-70.00%	116.67%	-6.67%	-47.50%	-34.72%	65.08%	-22.86%	5.00%	-51.67%

Aarvi Encon Limited has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	15%
5 Years:	15%
3 Years:	26%
TTM:	15%

Compounded Profit Growth
10 Years:	9%
5 Years:	7%
3 Years:	3%
TTM:	-14%

Stock Price CAGR
10 Years:	%
5 Years:	36%
3 Years:	3%
1 Year:	-15%

Return on Equity
10 Years:	13%
5 Years:	12%
3 Years:	13%
Last Year:	10%

Last Updated: Unknown

Balance Sheet

Last Updated: February 12, 2025, 4:14 pm

Month	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	17	21	26	27	32	48	55	62	70	80	93	102
Borrowings	12	11	9	9	15	4	8	10	4	6	3	10
Other Liabilities	12	14	14	12	17	16	28	32	31	48	47	44
Total Liabilities	43	49	53	52	67	83	106	118	120	149	158	171
Fixed Assets	10	9	9	7	7	7	12	11	10	10	10	10
CWIP	-0	-0	-0	-0	-0	-0	0	0	0	-0	-0	-0
Investments	1	0	0	-0	-0	-0	-0	0	0	0	0	0
Other Assets	33	39	44	44	60	76	94	106	109	138	148	161
Total Assets	43	49	53	52	67	83	106	118	120	149	158	171

Below is a detailed analysis of the balance sheet data for Aarvi Encon Limited based on the most recent figures (Mar 2024) and their trends compared to the previous period:

For Equity Capital, as of Mar 2024, the value is ₹15.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2023) which recorded ₹15.00 Cr..
For Reserves, as of Mar 2024, the value is ₹102.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹93.00 Cr. (Mar 2023) to ₹102.00 Cr., marking an increase of 9.00 Cr..
For Borrowings, as of Mar 2024, the value is ₹10.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from ₹3.00 Cr. (Mar 2023) to ₹10.00 Cr., marking an increase of 7.00 Cr..
For Other Liabilities, as of Mar 2024, the value is ₹44.00 Cr.. The value appears to be improving (decreasing). It has decreased from ₹47.00 Cr. (Mar 2023) to ₹44.00 Cr., marking a decrease of 3.00 Cr..
For Total Liabilities, as of Mar 2024, the value is ₹171.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹158.00 Cr. (Mar 2023) to ₹171.00 Cr., marking an increase of 13.00 Cr..
For Fixed Assets, as of Mar 2024, the value is ₹10.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2023) which recorded ₹10.00 Cr..
For CWIP, as of Mar 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2023) which recorded ₹0.00 Cr..
For Investments, as of Mar 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2023) which recorded ₹0.00 Cr..
For Other Assets, as of Mar 2024, the value is ₹161.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹148.00 Cr. (Mar 2023) to ₹161.00 Cr., marking an increase of 13.00 Cr..
For Total Assets, as of Mar 2024, the value is ₹171.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹158.00 Cr. (Mar 2023) to ₹171.00 Cr., marking an increase of 13.00 Cr..

Notably, the Reserves (₹102.00 Cr.) exceed the Borrowings (10.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	7	4	4	0	1	-7	-4	4	17	-10	7	3
Cash from Investing Activity +	-6	-0	-0	-0	-0	1	-1	-0	2	0	-0	1
Cash from Financing Activity +	0	-3	-4	-2	4	8	1	-2	-7	-1	-7	2
Net Cash Flow	1	1	0	-2	4	1	-4	1	12	-11	-1	6

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-4.00	-1.00	3.00	-4.00	-6.00	6.00	3.00	-1.00	6.00	7.00	16.00	3.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	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	101	110	100	91	85	86	86	97	97	102	79	75
Inventory Days
Days Payable
Cash Conversion Cycle	101	110	100	91	85	86	86	97	97	102	79	75
Working Capital Days	54	62	62	57	48	58	52	56	60	64	50	61
ROCE %		29%	30%	12%	20%	18%	15%	11%	13%	14%	18%	12%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	73.47%	73.47%	73.47%	73.47%	73.47%	73.47%	73.47%	73.51%	73.54%	73.54%	73.54%	73.58%
Public	26.52%	26.52%	26.53%	26.52%	26.52%	26.53%	26.53%	26.49%	26.46%	26.46%	26.46%	26.42%
No. of Shareholders	3,757	3,545	3,510	5,229	6,875	8,132	8,686	9,326	11,262	10,663	10,382	9,691

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	7.67	9.82	8.16	7.08	4.86
Diluted EPS (Rs.)	7.65	9.82	8.16	7.08	4.86
Cash EPS (Rs.)	8.53	10.65	8.85	7.73	5.69
Book Value[Excl.RevalReserv]/Share (Rs.)	78.94	73.09	64.05	57.54	51.63
Book Value[Incl.RevalReserv]/Share (Rs.)	78.94	73.09	64.05	57.54	51.63
Revenue From Operations / Share (Rs.)	274.72	295.27	195.18	136.49	147.49
PBDIT / Share (Rs.)	10.04	13.21	9.40	8.01	6.63
PBIT / Share (Rs.)	9.18	12.38	8.71	7.36	5.79
PBT / Share (Rs.)	8.19	10.60	8.22	6.97	4.70
Net Profit / Share (Rs.)	7.67	9.81	8.16	7.08	4.86
NP After MI And SOA / Share (Rs.)	7.67	9.81	8.16	7.08	4.86
PBDIT Margin (%)	3.65	4.47	4.81	5.87	4.49
PBIT Margin (%)	3.34	4.19	4.46	5.38	3.92
PBT Margin (%)	2.98	3.59	4.21	5.10	3.18
Net Profit Margin (%)	2.79	3.32	4.18	5.18	3.29
NP After MI And SOA Margin (%)	2.79	3.32	4.18	5.18	3.29
Return on Networth / Equity (%)	9.72	13.42	12.74	12.29	9.40
Return on Capital Employeed (%)	11.45	16.80	13.33	12.54	10.93
Return On Assets (%)	6.63	9.15	8.10	8.70	6.05
Total Debt / Equity (X)	0.08	0.03	0.06	0.04	0.11
Asset Turnover Ratio (%)	2.47	2.84	2.18	1.69	1.86
Current Ratio (X)	2.56	2.29	1.99	2.60	1.75
Quick Ratio (X)	2.56	2.29	1.99	2.60	1.75
Dividend Payout Ratio (NP) (%)	26.06	15.28	24.50	14.13	24.83
Dividend Payout Ratio (CP) (%)	23.44	14.08	22.58	12.92	21.16
Earning Retention Ratio (%)	73.94	84.72	75.50	85.87	75.17
Cash Earning Retention Ratio (%)	76.56	85.92	77.42	87.08	78.84
Interest Coverage Ratio (X)	10.11	11.10	19.01	20.91	6.12
Interest Coverage Ratio (Post Tax) (X)	8.73	9.74	17.50	19.46	5.48
Enterprise Value (Cr.)	162.64	149.45	170.52	56.35	33.69
EV / Net Operating Revenue (X)	0.40	0.34	0.59	0.27	0.15
EV / EBITDA (X)	10.96	7.65	12.26	4.76	3.44
MarketCap / Net Operating Revenue (X)	0.43	0.34	0.59	0.37	0.14
Retention Ratios (%)	73.93	84.71	75.49	85.86	75.16
Price / BV (X)	1.51	1.41	1.81	0.89	0.41
Price / Net Operating Revenue (X)	0.43	0.34	0.59	0.37	0.14
EarningsYield	0.06	0.09	0.07	0.13	0.22

After reviewing the key financial ratios for Aarvi Encon Limited, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 7.67. This value is within the healthy range. It has decreased from 9.82 (Mar 23) to 7.67, marking a decrease of 2.15.
For Diluted EPS (Rs.), as of Mar 24, the value is 7.65. This value is within the healthy range. It has decreased from 9.82 (Mar 23) to 7.65, marking a decrease of 2.17.
For Cash EPS (Rs.), as of Mar 24, the value is 8.53. This value is within the healthy range. It has decreased from 10.65 (Mar 23) to 8.53, marking a decrease of 2.12.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 78.94. It has increased from 73.09 (Mar 23) to 78.94, marking an increase of 5.85.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 78.94. It has increased from 73.09 (Mar 23) to 78.94, marking an increase of 5.85.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 274.72. It has decreased from 295.27 (Mar 23) to 274.72, marking a decrease of 20.55.
For PBDIT / Share (Rs.), as of Mar 24, the value is 10.04. This value is within the healthy range. It has decreased from 13.21 (Mar 23) to 10.04, marking a decrease of 3.17.
For PBIT / Share (Rs.), as of Mar 24, the value is 9.18. This value is within the healthy range. It has decreased from 12.38 (Mar 23) to 9.18, marking a decrease of 3.20.
For PBT / Share (Rs.), as of Mar 24, the value is 8.19. This value is within the healthy range. It has decreased from 10.60 (Mar 23) to 8.19, marking a decrease of 2.41.
For Net Profit / Share (Rs.), as of Mar 24, the value is 7.67. This value is within the healthy range. It has decreased from 9.81 (Mar 23) to 7.67, marking a decrease of 2.14.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 7.67. This value is within the healthy range. It has decreased from 9.81 (Mar 23) to 7.67, marking a decrease of 2.14.
For PBDIT Margin (%), as of Mar 24, the value is 3.65. This value is below the healthy minimum of 10. It has decreased from 4.47 (Mar 23) to 3.65, marking a decrease of 0.82.
For PBIT Margin (%), as of Mar 24, the value is 3.34. This value is below the healthy minimum of 10. It has decreased from 4.19 (Mar 23) to 3.34, marking a decrease of 0.85.
For PBT Margin (%), as of Mar 24, the value is 2.98. This value is below the healthy minimum of 10. It has decreased from 3.59 (Mar 23) to 2.98, marking a decrease of 0.61.
For Net Profit Margin (%), as of Mar 24, the value is 2.79. This value is below the healthy minimum of 5. It has decreased from 3.32 (Mar 23) to 2.79, marking a decrease of 0.53.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 2.79. This value is below the healthy minimum of 8. It has decreased from 3.32 (Mar 23) to 2.79, marking a decrease of 0.53.
For Return on Networth / Equity (%), as of Mar 24, the value is 9.72. This value is below the healthy minimum of 15. It has decreased from 13.42 (Mar 23) to 9.72, marking a decrease of 3.70.
For Return on Capital Employeed (%), as of Mar 24, the value is 11.45. This value is within the healthy range. It has decreased from 16.80 (Mar 23) to 11.45, marking a decrease of 5.35.
For Return On Assets (%), as of Mar 24, the value is 6.63. This value is within the healthy range. It has decreased from 9.15 (Mar 23) to 6.63, marking a decrease of 2.52.
For Total Debt / Equity (X), as of Mar 24, the value is 0.08. This value is within the healthy range. It has increased from 0.03 (Mar 23) to 0.08, marking an increase of 0.05.
For Asset Turnover Ratio (%), as of Mar 24, the value is 2.47. It has decreased from 2.84 (Mar 23) to 2.47, marking a decrease of 0.37.
For Current Ratio (X), as of Mar 24, the value is 2.56. This value is within the healthy range. It has increased from 2.29 (Mar 23) to 2.56, marking an increase of 0.27.
For Quick Ratio (X), as of Mar 24, the value is 2.56. This value exceeds the healthy maximum of 2. It has increased from 2.29 (Mar 23) to 2.56, marking an increase of 0.27.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 26.06. This value is within the healthy range. It has increased from 15.28 (Mar 23) to 26.06, marking an increase of 10.78.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 23.44. This value is within the healthy range. It has increased from 14.08 (Mar 23) to 23.44, marking an increase of 9.36.
For Earning Retention Ratio (%), as of Mar 24, the value is 73.94. This value exceeds the healthy maximum of 70. It has decreased from 84.72 (Mar 23) to 73.94, marking a decrease of 10.78.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 76.56. This value exceeds the healthy maximum of 70. It has decreased from 85.92 (Mar 23) to 76.56, marking a decrease of 9.36.
For Interest Coverage Ratio (X), as of Mar 24, the value is 10.11. This value is within the healthy range. It has decreased from 11.10 (Mar 23) to 10.11, marking a decrease of 0.99.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 8.73. This value is within the healthy range. It has decreased from 9.74 (Mar 23) to 8.73, marking a decrease of 1.01.
For Enterprise Value (Cr.), as of Mar 24, the value is 162.64. It has increased from 149.45 (Mar 23) to 162.64, marking an increase of 13.19.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 0.40. This value is below the healthy minimum of 1. It has increased from 0.34 (Mar 23) to 0.40, marking an increase of 0.06.
For EV / EBITDA (X), as of Mar 24, the value is 10.96. This value is within the healthy range. It has increased from 7.65 (Mar 23) to 10.96, marking an increase of 3.31.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.43. This value is below the healthy minimum of 1. It has increased from 0.34 (Mar 23) to 0.43, marking an increase of 0.09.
For Retention Ratios (%), as of Mar 24, the value is 73.93. This value exceeds the healthy maximum of 70. It has decreased from 84.71 (Mar 23) to 73.93, marking a decrease of 10.78.
For Price / BV (X), as of Mar 24, the value is 1.51. This value is within the healthy range. It has increased from 1.41 (Mar 23) to 1.51, marking an increase of 0.10.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.43. This value is below the healthy minimum of 1. It has increased from 0.34 (Mar 23) to 0.43, marking an increase of 0.09.
For EarningsYield, as of Mar 24, the value is 0.06. This value is below the healthy minimum of 5. It has decreased from 0.09 (Mar 23) to 0.06, marking a decrease of 0.03.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Aarvi Encon Limited as of March 13, 2025 is: ₹100.49

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 13, 2025, Aarvi Encon Limited is Overvalued by 2.44% compared to the current share price 103.00

Intrinsic Value of Aarvi Encon Limited as of March 13, 2025 is: 99.86

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 13, 2025, Aarvi Encon Limited is Overvalued by 3.05% compared to the current share price 103.00

Last 5 Year EPS CAGR: -0.63%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 16.00%, which is a positive sign. The company has higher reserves (52.75 cr) compared to borrowings (8.42 cr), indicating strong financial stability. The company has shown consistent growth in sales (227.46 cr) and profit (9.54 cr) over the years.	The stock has a high average Working Capital Days of 57.00, which may not be favorable. The stock has a high average Cash Conversion Cycle of 92.42, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Aarvi Encon Limited:
1. Net Profit Margin: 2.79%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 11.45% (Industry Average ROCE: 15.01%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 9.72% (Industry Average ROE: 13.18%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 8.73
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 2.56
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 15.1 (Industry average Stock P/E: 39.01)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.08
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Aarvi Encon Ltd. is a Public Limited Listed company incorporated on 03/12/1987 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L29290MH1987PLC045499 and registration number is 045499. Currently Company is involved in the business activities of Activities of employment placement agencies. Company's Total Operating Revenue is Rs. 377.65 Cr. and Equity Capital is Rs. 14.78 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Services - Others	B1- 603, Marathon Innova, Mumbai Maharashtra 400013	info@aarviencon.com https://www.aarviencon.com

Management
Name	Position Held
Mr. Virendra D Sanghavi	Managing Director
Mr. Jaydev V Sanghavi	Executive Director & CFO
Mr. Devendra J Shrimanker	Independent Director
Mrs. Sonal N Doshi	Independent Director
Dr.(Mrs.) Padma V Devarajan	Independent Director
Mr. Ramachandran Ramamoorthy	Independent Director

FAQ

What is the latest intrinsic value of Aarvi Encon Limited?

The latest intrinsic value of Aarvi Encon Limited as on 13 March 2025 is 100.49, which is 2.44% lower than the current market price of ₹103.00, indicating the stock is overvalued by 2.44%. The intrinsic value of Aarvi Encon Limited is calculated using PE ratio method. The stock has a market capitalization of ₹153 Cr. and recorded a high/low of ₹184/96.0 during the current fiscal year 2024-2025. As of Mar 2024, the company has reserves of ₹102 Cr and total liabilities of ₹171 Cr.

What is the Market Cap of Aarvi Encon Limited?

The Market Cap of Aarvi Encon Limited is 153 Cr..

What is the current Stock Price of Aarvi Encon Limited as on 13 March 2025?

The current stock price of Aarvi Encon Limited as on 13 March 2025 is ₹103.

What is the High / Low of Aarvi Encon Limited stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Aarvi Encon Limited stocks is ₹184/96.0.

What is the Stock P/E of Aarvi Encon Limited?

The Stock P/E of Aarvi Encon Limited is 15.1.

What is the Book Value of Aarvi Encon Limited?

The Book Value of Aarvi Encon Limited is 80.8.

What is the Dividend Yield of Aarvi Encon Limited?

The Dividend Yield of Aarvi Encon Limited is 1.93 %.

What is the ROCE of Aarvi Encon Limited?

The ROCE of Aarvi Encon Limited is 11.7 %.

What is the ROE of Aarvi Encon Limited?

The ROE of Aarvi Encon Limited is 10.1 %.

What is the Face Value of Aarvi Encon Limited?

The Face Value of Aarvi Encon Limited is 10.0.