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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Aarvi Encon Limited is an India-based technical manpower supply company. The Company provides permanent and temporary manpower services in various industries. It offers technical staffing solutions and qualified engineers in areas, such as electrical-instrumentation services,…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, slow-growing business, trading cheap versus its own history — but flagged on governance.
Aarvi Encon is scored on the general / industrial framework. It keeps a thin 2.7% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT 0.46×) — worth a closer look. Free cash flow is worth about 4.1% of its market value.
Over the last 3 years revenue compounded at 14%/yr and profit at 7%/yr. Book value has grown 10%/yr. Return on equity is a healthy 12.4%. In the latest quarter profit grew 31% versus the prior quarter.
At 12× earnings, the stock sits at the 7th percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price asks for only ~0%/yr growth over a decade — undemanding expectations. The forensic screen raises a red flag: Only ₹0.22 of cash per ₹1 profit over 4 years — earnings not converting to cash.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 10.48 | — | — |
| P/B | 1.45 | 1.85 | better |
| EV/EBITDA | 8.07 | 39.49 | better |
| ROE | 12.4 | 10.5 | better |
| ROCE | 13.01 | — | — |
| ROA | 8.18 | — | — |
| Quick Ratio | 2.05 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| GMR Airports Infra | 133.1 | -27.7 | -25.6% |
| NBCC | 25.8 | 6.6 | 24.8% |
| INTL Gemological INST | 26.5 | 10.1 | 38.0% |
14% CAGR over 3 years — steady double-digit compounder.
Revenue is outpacing profit (14% vs 7%) — costs are rising faster than the top line. The latest year saw a +75% swing — check if it's a one-off or structural.
Operating margins have been stable around 3% — no major structural shift. Margins have declined for 2 consecutive years — watch for a structural cost problem.
ROE at 12% — a respectable return on shareholder capital.
7% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
1 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Cash conversion at 0.5× PAT — reported profit isn't translating into cash, raising earnings quality questions.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating. Low quarterly variance (9% spread) — a predictable, non-seasonal revenue stream.
Profit jumped 31% QoQ — check if this is operating leverage or a one-off item.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 73.4% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.