Aarvi Encon Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
- October 9, 2026
- Posted by: Harsh Piplani
- Category: Market
Aarvi Encon share price Rs 140.37 (9 October 2026). Base target Rs 167, bull Rs 200, downside risk Rs 111. PE 10.65. 52W range Rs 115.99 to Rs 168.40.
Quick Answer
The Aarvi Encon share price target for 2027 is Rs 167, about 19.0% above the current price of Rs 140.37. The bull case is Rs 200, and the downside risk level, which is not a target, is Rs 111. The base case assumes earnings per share grow 20.0% a year, a cap applied because the FY24 to FY26 pace was 24.6%, with the stock holding its PE of 10.65. These are model-based estimates built from reported financials, not guaranteed outcomes.
Investors weighing an Aarvi Encon target price for 2027 should start with where the stock sits today. At Rs 140.37 on 9 October 2026, it is 16.6% below its 52-week high of Rs 168.40 and 21.0% above its 52-week low of Rs 115.99. That range spans 45% from low to high, so the entry point matters as much as the Aarvi Encon price forecast itself.
This article builds the Aarvi Encon share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario shows its assumptions, so you can see exactly how the Rs 167 base case and the Rs 200 bull case were reached, along with a downside risk level of Rs 111.
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Aarvi Encon Stock Analysis: Company Overview and Key Stats
Aarvi Encon (NSE: AARVI) has a market capitalisation of Rs 206 crore. In FY26 it reported revenue of Rs 652.10 crore and net profit of Rs 17.62 crore. The table collects the figures the Aarvi Encon share price target is built on.
| Metric | Value |
|---|---|
| Company | Aarvi Encon |
| NSE Ticker | AARVI |
| CMP (9 October 2026) | Rs 140.37 |
| 52-Week High | Rs 168.40 |
| 52-Week Low | Rs 115.99 |
| Market Cap | Rs 206 crore |
| PE Ratio (TTM) | 10.65 |
| Industry PE | 36.93 |
| Price to Book | 1.47 |
| Return on Equity | 12.40% |
| Debt to Equity | 0.19 |
| EPS (TTM) | Rs 13.06 |
| Dividend Yield | 1.43% |
| 12-Month Base Target | Rs 167 |
| Bull Case | Rs 200 |
| Downside Risk Level (not a target) | Rs 111 |
Why Is Aarvi Encon Share Price Target Set at Rs 167 for 2027?
The base-case Aarvi Encon stock target of Rs 167 applies a PE multiple of 10.65 to a forward EPS estimate of Rs 15.67. That EPS assumes 20.0% yearly growth, the pace from FY24 to FY26, and puts the target 19.0% above the current price. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.
Earnings Growth Behind the Aarvi Encon Target Price: Five Years of Results
Aarvi Encon grew revenue from Rs 289.73 crore in FY22 to Rs 652.10 crore in FY26, a compound annual growth rate of 22.5%. Net profit grew more slowly, from Rs 12.07 crore to Rs 17.62 crore (9.9% a year), which points to margin pressure alongside the sales growth.
| Financial Year | Revenue (Rs Cr) | Net Profit (Rs Cr) | EPS (Rs) | Dividend per Share (Rs) |
|---|---|---|---|---|
| FY22 | 289.73 | 12.07 | 8.16 | 2.00 |
| FY23 | 437.84 | 14.51 | 9.82 | 2.00 |
| FY24 | 408.47 | 11.34 | 7.60 | 2.00 |
| FY25 | 512.86 | 10.04 | 6.73 | 2.00 |
| FY26 | 652.10 | 17.62 | 11.79 | 2.00 |
FY26 revenue growth was 27.1%, faster than the four-year average of 22.5%, and net profit moved up 75.5%. EPS rose from Rs 7.60 in FY24 to Rs 11.79 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.
Margins and the Latest Quarter
Aarvi Encon converted 2.7% of FY26 revenue into net profit, against 2.0% in FY25, within a five-year range of 2.0% to 4.2%. EBITDA margin was 3.8% in FY26 versus 3.1% in FY25.
In the June 2026 quarter, revenue was Rs 175.70 crore, up 15.6% from the same quarter a year earlier, while net profit of Rs 5.99 crore was up 41.9%. EBITDA came in at Rs 7.50 crore, up 33.7% year on year. The next quarterly result is the first test of whether the earnings assumption holds.
Balance Sheet and Cash Flow
Debt to equity stands at 0.19, and shareholders’ equity grew from Rs 94.69 crore in FY22 to Rs 142.07 crore in FY26. Operating cash flow in FY26 was Rs 8.05 crore against capital expenditure of Rs 1.20 crore, leaving free cash flow of Rs 6.85 crore, or 3.3% of the current market capitalisation. In FY25 free cash flow was negative at Rs 12.30 crore, so cash generation has not been steady year to year.
Valuation Check for the Aarvi Encon Stock Target: PE, Price to Book and ROE
At a PE of 10.65 against an industry PE of 36.93, Aarvi Encon trades at a discount to its industry. Price to book is 1.47 on a book value of Rs 94.71 per share, and return on equity is 12.40%. A PE of 10.65 equals an earnings yield of 9.4%, and the FY26 dividend of Rs 2.00 per share gives a yield of 1.43%.
Shareholding Pattern and Institutional Holding
Promoters held 73.36% of Aarvi Encon in June 2026, and promoter holding has stayed near 73.36% since June 2025. Foreign institutional investors (FII) held 0.00% and domestic institutions (DII) held 0.00%, which puts total institutional holding at 0.00%. FII holding has stayed near 0.00% since June 2025. Public shareholders own the remaining 26.64%. Institutional holding this low means the stock sees limited professional coverage, and price moves can be sharper when trading volumes are thin.
Aarvi Encon Share Price Targets for the Short Term and 12 Months
Short Term Aarvi Encon Stock Target Levels: Technical Setup
At Rs 140.37 on 9 October 2026, Aarvi Encon trades below its 50-day simple moving average of Rs 145.59 and above its 200-day exponential moving average of Rs 137.24. The 14-day RSI reads 50.9, which is neutral territory, and the MACD line sits above its signal line. The nearest resistance level is Rs 145.59 (50-day simple moving average) and the nearest support is Rs 137.24 (200-day exponential moving average). A sustained move above Rs 145.59 would improve the short-term setup, while a close below Rs 137.24 would shift attention to the next support.
12 Month Aarvi Encon Target Price for 2027
The 12-month target for Aarvi Encon is Rs 167: forward EPS of Rs 15.67 at a PE of 10.65. That is 19.0% above Rs 140.37. It would still leave the stock 0.8% below its 52-week high of Rs 168.40.
How EPS Growth and PE Multiple Change the Aarvi Encon Target Price
| EPS Growth | PE 8.52 | PE 10.65 | PE 12.25 |
|---|---|---|---|
| 0.0% (EPS Rs 13.06) | Rs 111 | Rs 139 | Rs 160 |
| 20.0% (EPS Rs 15.67) | Rs 134 | Rs 167 | Rs 192 |
| 25.0% (EPS Rs 16.32) | Rs 139 | Rs 174 | Rs 200 |
Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the Aarvi Encon price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.
Bull Case and Downside Risk for Aarvi Encon Stock Target in 2027
Bull Case Rs 200
The bull case Aarvi Encon price target needs EPS growth of 25.0%, which lifts forward EPS to Rs 16.32, and a PE multiple that rises 15% to 12.25. That gives Rs 200, 42.5% above the current price and above the 52-week high of Rs 168.40, so the stock would have to set a fresh 52-week high.
Downside Risk Level Rs 111
The downside risk level is not a target. It assumes EPS stays flat at Rs 13.06 and the PE falls 20% to 8.52. That gives Rs 111, 20.9% below the current price and below the 52-week low of Rs 115.99.
| Scenario | EPS Growth | PE Multiple | Price (Rs) | Change vs CMP |
|---|---|---|---|---|
| Bull Case | 25.0% | 12.25 | Rs 200 | +42.5% |
| Base Case | 20.0% | 10.65 | Rs 167 | +19.0% |
| Downside Risk | 0.0% | 8.52 | Rs 111 | -20.9% |
Key Risks to the Aarvi Encon Target Price for 2027
Growth Slowdown Risk for the Aarvi Encon Price Target
Revenue in the June 2026 quarter was up 15.6% year on year, and FY26 revenue growth was 27.1%. If growth slows from here, the EPS estimate behind the Aarvi Encon stock target will need revising.
Liquidity and Size Risk
Aarvi Encon has a market capitalisation of Rs 206 crore. Institutional holding is 0.00%, and promoters hold 73.36%. Stocks of this size can move sharply on small volumes, and exits can take longer than entries.
Valuation and Margin Risk
Net margin was 2.7% in FY26, so a small slip in costs moves profit noticeably. At a PE of 10.65 versus an industry PE of 36.93, a de-rating toward the downside-risk PE of 8.52 would cut the price even if earnings hold.
Market and Technical Risk
The stock trades 16.6% below its 52-week high, with an RSI of 50.9 and a MACD reading above its signal line. Broader market weakness can override company fundamentals in the short term.
How to Invest in Aarvi Encon
Start with the live price and volume. Any Aarvi Encon share price target is only as current as the data behind it, and the data here is as of 9 October 2026, so refresh the Rs 140.37 price before acting on any level.
Next, review the fundamentals yourself. The Univest Screener lets you check Aarvi Encon’s PE, ROE, debt and shareholding in one place.
Check Aarvi Encon fundamentals on the Univest Screener
Then compare the three Aarvi Encon target price scenarios with your own view. If you expect EPS growth below 20.0%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.
Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.
Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.
Download the Univest iOS App or Univest Android App to track Aarvi Encon live price and get daily stock recommendations.
Conclusion
The Aarvi Encon share price target for 2027 is Rs 167 in the base case, with Rs 200 as the bull case. The support for that view is arithmetic you can check: EPS grew 24.6% a year over FY24 to FY26, and the stock trades at a PE of 10.65. The risks are equally concrete, including institutional holding of only 0.00% and a downside scenario that cuts the price 21% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Aarvi Encon Share Price Target 2027
What is the Aarvi Encon share price target for 2027?
Ans. The base-case Aarvi Encon share price target for 2027 is Rs 167, with Rs 200 as the bull case. The downside risk level, which is not a target, is Rs 111. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.
What is the Aarvi Encon share price today?
Ans. As of 9 October 2026, 12:52 PM IST, Aarvi Encon trades at Rs 140.37, up 1.53% on the day. The 52-week range is Rs 115.99 to Rs 168.40.
Is Aarvi Encon a buy or sell at the current price?
Ans. The data is mixed rather than one-sided: EPS has grown 24.6% a year over FY24 to FY26, but institutional holding is only 0.00%. Whether Aarvi Encon fits your portfolio depends on your time horizon and risk appetite, so consult a SEBI-registered advisor before investing. This article is not investment advice.
What are the bull case target and downside risk level for Aarvi Encon shares?
Ans. The bull case target is Rs 200, which assumes 25.0% EPS growth and a PE of 12.25. The downside risk level is Rs 111, which assumes flat EPS and a PE of 8.52. It marks a risk, not a target.
What are the main risks to the Aarvi Encon price target?
Ans. The main risks are slower revenue growth, a small market capitalisation of Rs 206 crore, a PE de-rating and short-term weakness in the broader market. Institutional holding is only 0.00%, which can make price moves sharper.
What is the PE ratio of Aarvi Encon and how does it compare with the industry?
Ans. The PE ratio of Aarvi Encon is 10.65 against an industry PE of 36.93. Price to book is 1.47 and return on equity is 12.40%. The base case in the Aarvi Encon price target holds this PE constant.
Who owns Aarvi Encon, and what is the promoter holding?
Ans. Promoters held 73.36% of Aarvi Encon in June 2026. FII held 0.00%, DII held 0.00% and the public held 26.64%.
What were Aarvi Encon’s latest quarterly results?
Ans. In the June 2026 quarter, Aarvi Encon reported revenue of Rs 175.70 crore (up 15.6% year on year) and net profit of Rs 5.99 crore (up 41.9%).
