Aarvi

What Aarvi does

Aarvi Encon Limited is an India-headquartered technical staffing and manpower outsourcing company founded in 1987 that deploys engineers and skilled technical personnel on contract to clients in the energy and infrastructure sectors. The company pioneered the concept of technical staffing in India and operates a portfolio of 12 core services spanning the project lifecycle, including engineering design, construction supervision, pre-commissioning and commissioning, inspection, operation and maintenance, shutdown services, project management, procurement assistance, expediting, and IT staffing. Over its 38-year history, Aarvi has cumulatively deputed more than 50,000 personnel and currently maintains over 6,000 engineers on its payroll working at client sites across India and internationally.

The company serves a concentrated base of approximately 135 enterprise clients across verticals such as oil and gas (refineries, petrochemicals, pipelines, exploration), power and renewables, EPC, infrastructure, IT, and select adjacencies like cement, steel, fertilizer, and metals. Named customers include BPCL, HPCL, Reliance Industries, Indian Oil, Vedanta, L&T, Cairn India, Nayara Energy, Shell Energy India, Bechtel India, and Jindal Steel & Power. Revenue is generated primarily through multi-year contract-based personnel deployment with custom quote-based pricing, billed on multi-year cycles (e.g., BPCL ₹66.22 crore / 5-year contract commencing January 2026; Bharat Oman Refineries ₹10.47 crore / 5-year). The company reports FY24-25 annual revenue of ₹510.39 crore, up 25.67% year-over-year, and Q3 FY25-26 revenue of ₹167.45 crore (up 27.20% YoY) with net profit of ₹4.01 crore (up 69.20% YoY).

Aarvi's go-to-market is enterprise field sales targeting large corporates via direct relationship management, supplemented by industry events, investor presentations, and content marketing. The company is listed on the NSE Main Board since 2020 (ticker AARVIENCON), with promoter-family (Sanghavi) holding of approximately 73.54%. It operates 10 Indian offices and 5 international subsidiaries/JVs in UAE, Oman, Qatar, Indonesia, and the UK, with a step-down subsidiary in Malaysia incorporated in 2025. Aarvi holds ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications, and carries a CRISIL SME-1 (highest creditworthiness) rating. The business model has no material proprietary technology layer beyond HR systems (HRMS app, no public API) and is fundamentally a services/contract-staffing business.

Name

Aarvi

Legal name

Aarvi Encon Limited

Website

https://aarviencon.com

Company type

Public

Founded year

1987

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Aarvi Encon Limited is an India-based technical staffing and manpower outsourcing company that deploys 6,000+ engineers on contract to enterprise clients in oil and gas, power, infrastructure, and EPC sectors across India, the Middle East, and Southeast Asia.

Ownership category

akta.pro rank

Product category

Technical Staffing Services

NAICS

Professional Employer Organizations (561330), Engineering Services (541330), Engineering Services (54133)

SIC

Services-Engineering Services (8711), Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Electrical/Electronics & Embedded Systems Staffing (BPACADAF)

akta.pro secondary industry

Instrumentation, Controls & Automation Engineering Consulting (BPAHAIAM)

Keywords

• Technical staffing services
• Manpower outsourcing
• Engineering services
• Oil and gas staffing
• Operation and maintenance

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices15 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Technical Manpower Outsourcing: Aarvi Encon provides skilled engineering and technical personnel on a project basis to energy sector companies. The company deploys engineers and technical staff at client locations for construction supervision, operation & maintenance, pre-commissioning, commissioning, and other technical services. Revenue is generated through personnel deployment contracts with major oil & gas, power, and infrastructure companies in India and overseas.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Aarvi Encon Limited provides technical staffing and engineering manpower outsourcing services to companies in the energy sector, deploying engineers and skilled technical personnel on contract basis at client sites in India and internationally. The firm deploys over 6,000 engineers on its payroll across construction supervision, operation & maintenance, inspection, pre-commissioning & commissioning, project management, shutdown, and related engineering services for oil & gas, petrochemical, power, infrastructure, and EPC clients.

Product overview

Aarvi Encon is a technical staffing and manpower outsourcing company that provides engineering and technical personnel services to the energy sector. The company offers a comprehensive portfolio of 12 core services organized around the project lifecycle: from Engineering Services and Construction Supervision through to Operation & Maintenance and Shutdown Services. The core offering is Manpower Outsourcing, where Aarvi deploys over 6,000 engineers on its payroll to client locations across India and internationally. Services like Inspection Services, Expediting Services, Pre-Commissioning & Commissioning Services, Procurement Assistance, and Project Management complement the staffing offering. The company serves diverse industries including Oil & Gas, Power, Refinery, Petrochemical, Pipeline, Renewable Energy, Infrastructure, Fertilizers, Cement, and Telecom.

Differentiator

Problem solved

Functional benefit

Products and services

• Manpower Outsourcing Services Largest technical staffing service in India with more than 6,000 engineers on payroll and working at client locations, pioneered by Aarvi since 1987 and scaled from 1996 onwards.
• Technical Staffing Services Specialized technical staffing solutions providing engineers and skilled personnel for industrial projects and operations across energy and infrastructure sectors.
• Engineering Services India's leading engineering services company specializing in expert engineering solutions across multiple business segments including design, FEED, and detailed engineering.
• Construction Supervision Services Deployment of specialized personnel for supervision and monitoring of site contractors' work during civil construction, erection of mechanical, electrical and instrumentation equipment, piping, and cabling.
• Inspection Services Inspection services provided to leading companies in the Oil and Gas industry, with strong expertise built up over three decades in this sector.
• Operation & Maintenance Services Leading O&M company in India providing O&M Services & Solutions for Solar Energy, Pipeline & Oil & Gas industry.
• Pre-Commissioning & Commissioning Services Comprehensive pre-commissioning and commissioning services for industrial plants and facilities in the EPC space.
• Procurement Assistance Services Full scope of procurement assistance services starting from Vendor pre-qualification to purchase order preparation.
• Project Management Services Project and Technology/Engineering Management services with strong competency in delivering complex industrial projects.
• Shutdown Services Preferred technical manpower solutions partner for shutdown projects in India and the Middle East, providing engineers and technicians for plant turnaround operations.
• Expediting Services Skilled manpower supply for the Engineering, Procurement and Construction space, delivering integrated services for Commissioning, Pre-Commissioning & Commissioning.
• IT Staffing IT staffing solutions providing technical IT professionals for various client assignments; Aarvi pioneered staffing services when Reliance was setting up its first refinery at Jamnagar.

Quantifiable outcome

• Companies can achieve 20-25% growth by outsourcing technical staffing instead of permanent hiring

Named customers15 records

Segments6 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eleven partnerships are on record, tiered minor and core.

• Aarvi Energy Services SDN. BHD (Malaysia)minorStrategic or Co-development Partner · 1 January 2025Incorporation of Aarvi Energy Services SDN. BHD in Malaysia, a step-down subsidiary of Aarvi Encon Limited, India through its wholly owned subsidiary Aarvi Encon FZE, UAE.
• MNR Technical Services L.L.C. (UAE)minorStrategic or Co-development Partner · 1 January 2023Acquisition of MNR Technical Services L.L.C., UAE through wholly owned subsidiary Aarvi Encon FZE, UAE to strengthen capabilities in the UAE market.
• Aarvi Encon LLC (Oman Joint Venture)coreStrategic or Co-development Partner · 1 January 2022Incorporated Joint Venture/Associate Company in Qatar in 2022 as part of strategic expansion in the Middle East region.
• Aarvi Encon Staffing Services W.L.L. (Qatar)coreStrategic or Co-development Partner · 1 January 2022Incorporated subsidiary in Qatar as part of international expansion strategy to serve clients in the Middle East energy sector.
• PT Aarvi Encon Services (Indonesia)minorStrategic or Co-development Partner · 1 January 2021Strategic alliance to expand market share in Indonesia, serving international clients operating in the Southeast Asian market.
• Aarvi Encon Resources Limited (UK)minorStrategic or Co-development Partner · 1 January 2021Incorporated subsidiary in UK to serve European markets and international clients.
• Aarvi Engineering & Consultancy Pvt. Ltd. (India)coreStrategic or Co-development Partner · 1 January 2021Wholly owned subsidiary providing engineering and consultancy services in India, complementing the manpower outsourcing business.
• Branch offices in Oman & IndonesiaminorStrategic or Co-development Partner · 1 January 2021Creating new opportunity internationally by opening branch offices in Oman and Indonesia in 2021.
• Bon Accord Employment Services (UAE)coreStrategic or Co-development Partner · 1 January 2018Strategic partnership with Bon Accord Employment Services at UAE to expand market presence and service capabilities in the Middle East region, leveraging Bon Accord's local expertise and network.
• Aarvi Encon FZE (UAE)coreStrategic or Co-development Partner · 1 January 2015Opened subsidiary in UAE in 2015 as part of international expansion, serving as the primary overseas operational hub.
• Detect Technologies Private LimitedminorGTM or Marketing PartnerMr. Ramamoorthy Ramachandran, Independent Director and former BPCL Director, serves as Advisor to the Executive Board of Detect Technologies Private Limited, providing strategic guidance.

Scale indicators8 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• FirstMeridian Business Services: India-focused staffing company (backed by marquee investors) operating across permanent and temporary staffing, with overlap in technical and industrial workforce deployments for enterprise clients.
• Ciel HR Services: Listed Indian staffing and HR services company with focus on permanent and temporary staffing across engineering, healthcare, and IT — directly comparable technical staffing competitor with enterprise sales motion.
• TeamLease Services: India's largest listed staffing and HR services company, providing temporary staffing, permanent recruitment, and payroll across IT, engineering, and industrial verticals — directly comparable to Aarvi's technical manpower outsourcing model for enterprise clients.
• Quess Corp: Major Indian staffing, facilities management, and BPO services company serving enterprise clients across multiple sectors; competes with Aarvi in technical and industrial staffing, especially in oil & gas, manufacturing, and infrastructure deployments.

Emerging players

• Gi Group India: India arm of Italian-headquartered global staffing firm Gi Group; provides technical and engineering staffing with growing presence in Indian industrial markets — partial-overlap emerging competitor.
• Innovsource Services: India-focused staffing and workforce solutions company serving manufacturing, engineering, and energy clients; an emerging player with partial overlap in technical staffing contracts for industrial customers.

Broad incumbents

• Adecco Group: Global staffing leader with presence in India through Adecco India; competes broadly in technical and engineering staffing for energy and infrastructure clients, though as part of a much wider general staffing portfolio.
• ManpowerGroup India: Indian arm of global staffing giant ManpowerGroup, providing technical, engineering, and IT staffing to enterprise clients; broad incumbent competing for energy and infrastructure workforce contracts.
• Randstad India: Subsidiary of global staffing major Randstad, providing professional and technical staffing in India across engineering, IT, and industrial segments — broad incumbent competing for the same enterprise workforce deployments.

Regional players

• Power Tech Services Group (Middle East-focused peer): Middle East-based technical staffing and O&M services provider serving oil & gas and power clients in the Gulf — regional peer with overlap to Aarvi's UAE, Oman, and Qatar deployments and energy-sector focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/aarvi-encon

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aarvi