Microcap stock surges 7% after bagging ₹66 Cr order from BPCL

Synopsis: The shares of this stock gained investor traction after they received an order worth Rs 66.21 crore from Bharat Petroleum Corporation Ltd for its management and O&M services.

The shares of the company, which is engaged in providing engineers, designers, and technicians right from project conceptualisation, design, construction, & commissioning, including the plant maintenance, are in focus after an order from BPCL.

With a market capitalization of Rs 195.52 crore, Aarvi Encon Ltd’s shares on Wednesday made a day of Rs 136.19 per share, up by 7.1 percent from its previous day’s close price of Rs 127.13 per share. The share has given a return of 176 percent over the last 5 years.

Significant Order

Aarvi Encon Limited received a work order from Bharat Petroleum Corporation Ltd (BPCL) for a value of Rs 66.21 crore to provide management, operations, and maintenance (MOM) services for the Bina Dispatch Terminal (BDT) at BPCL’s Bina Refinery for a duration of 5 years. 

Under this engagement, the company will be responsible for the smooth day-to-day operations, upkeep, and overall management of the terminal, supporting BPCL’s logistics and dispatch activities at the refinery.

The H1-FY26 revenue mix shows a strong tilt towards core segments, with Engineering (38 percent) and Oil & Gas (37 percent) contributing the bulk of revenues. Petrochemicals (2 percent) provide additional stability, while Construction (5 percent) and Chemicals (4 percent) add steady support. Renewables (11 percent) and Others (3 percent) remain small but point to gradual diversification efforts.

About the Company

Incorporated in 1987, Aarvi offers engineering and manpower outsourcing services across India and overseas. The company supports clients through the entire project lifecycle from conceptualisation and design to construction, commissioning, and ongoing plant maintenance.

The company serves a reputed client base that includes leading private sector players such as Reliance Industries, Larsen & Toubro, and Tata Chemicals, along with prominent public sector enterprises, including BPCL.

Financial Highlights: revenue from operations grew 31.32 percent to Rs 158.85 crore in Q2 FY26, corresponding to the same quarter in the last financial year. Net profit grew by 127 percent YoY to Rs 4.80 crore in Q2 FY26, resulting in an EPS growth to Rs 3.24 per share. Accompanied by ROCE of 10.8 percent and ROE of 8.26 percent, representing improved capital allocation by the company.

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Microcap stock surges 7% after bagging ₹66 Cr order from BPCL appeared first on Trade Brains.