Felix Industries

Ahmedabad, India Founded: 2010 • Age: 16 yrs Listed
E-waste recycling and wastewater management services are provided.

About Felix Industries

Felix Industries is a publicly listed company based in Ahmedabad (India) founded in 2010. E-waste recycling and wastewater management services are provided. The company has 127 employees. Its Indian entity Felix Industries Limited reported revenue of ₹106 Cr. Felix Industries offers products and services including Wastewater Treatment, Solid Waste Treatment, and Green Hydrogen Production. Its focus areas include Waste & Water Management and Horizontal.

Company details

Felix Industries was founded in 2010 in Ahmedabad, India, within the environmental conservation sector. Operations center on wastewater recycling and treatment processes, including spent acid regeneration. Expertise is applied to recycling and reusing water resources, supporting sustainable waste management practices across industrial applications. Services are delivered to address e-waste and water pollution challenges in the region.

  • Headquarters Ahmedabad, India
  • Employees 127
  • Stage Public
  • Sectors
    Environment
  • Website felixindustries.co
  • Legal Name Felix Industries Ltd
Key Metrics
  • Market Cap
    ₹312 Cr

    FELIX-SM · NSE

  • Share Price
    ₹181.90

    +0.25% today

  • Revenue
    ₹102 Cr

    FY 2025-26 · +177.6% YoY

  • EBITDA
    ₹28.20 Cr

    Margin 27.6%

  • Net Profit
    ₹18.13 Cr

    FY 2025-26 · +98.6% YoY

  • P/E (TTM)
    15.6x

    P/B 2.1x

  • Employee Count
    127

Products & Services of Felix Industries

Felix Industries offers a comprehensive portfolio of products and services, including Wastewater Treatment, Solid Waste Treatment, and Green Hydrogen Production.

Wastewater Treatment
Environmental Services

Restores contaminated water through chemical and biological processes.

Solid Waste Treatment
Waste Management

Manages and disposes industrial and municipal waste responsibly.

Green Hydrogen Production
Clean Energy

Generates hydrogen from water using renewable energy sources.

Board of directors of Felix Industries Limited (Felix Industries)

Felix Industries Limited is the primary company behind Felix Industries. The boards of the 2 registered companies of Felix Industries currently have 6 directors; the longest-serving is Ritesh Vinay Patel, appointed in 2012. 12 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ritesh Vinay Patel
DIN 05350896
Managing Director18 Sep 201214 yrs 1 moFelix Industries Limited, Felix Nano Synthesis Private Limited
Vinay Rajnikantbhai Patel
DIN 08377751
Whole-time director28 Feb 20197 yrs 8 moFelix Industries Limited, Felix Nano Synthesis Private Limited
Niren Atinbhai Desai
DIN 10192300
Director15 Feb 20242 yrs 8 moFelix Industries Limited
Shital Jaydeep Barot
DIN 10105593
Director29 May 20242 yrs 5 moFelix Industries Limited
Nishant Sharma
DIN 06361871
Director14 Feb 20251 yr 8 moFelix Industries Limited
Sai Swapna Pericharla
DIN 10398242
Director07 Aug 20263 moFelix Industries Limited

IPO & Listings of Felix Industries

Felix Industries is a publicly listed company on the NSE with ticker symbol FELIX in India, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date05 Dec 2017
  • Listed onNSE: FELIX
  • Listed entityFelix Industries Ltd
  • Exchange sectorIndustrial services
  • ISININE901X01013
  • Share price₹191.55 (+0.82% on the day) · 2026-10-14
  • Market capitalisation₹327 Cr
  • Price to earnings15.2
  • EPS (diluted, trailing year)₹12.64
  • Volume (last session)13,500

Financials of Felix Industries

Exchange-reported figures of Felix Industries Limited, the listed company behind Felix Industries (NSE: FELIX-SM).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹102 Cr
+177.6% YoY
EBITDA
₹28.20 Cr
+240.6% YoY
Profit After Tax
₹18.13 Cr
+98.6% YoY
Net Worth
₹152 Cr
+69.6% YoY
Total Assets
₹197 Cr
+73.3% YoY
Total Debt
₹33.87 Cr
+90.7% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Income statement
Revenue10236.8233.9019.38
Revenue growth+177.6%+8.6%+74.9%-
EBITDA28.208.285.622.13
EBITDA margin+27.6%+22.5%+16.6%+11.0%
Profit before tax26.6812.016.541.43
Net profit18.139.134.991.17
Net profit margin+17.7%+24.8%+14.7%+6.0%
EPS (₹)11.516.674.032.30
Balance sheet
Total assets19711368.7220.64
Net worth15289.4965.8816.20
Total debt33.8717.762.854.44
Cash & bank9.823.335.180.07
Net working capital93.6631.9255.6714.10
Cash flow
Cash from operations(36.59)29.56(33.31)(6.06)
Cash from investing(15.83)(67.12)(4.08)(1.23)
Cash from financing58.9035.7242.497.29
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue28.2237.4326.7817.3820.6212.997.828.01
Revenue growth (YoY)+36.9%+188.1%+242.5%+117.0%+157.4%---
Other income0.751.710.610.950.401.952.150.72
EBITDA9.057.607.327.705.583.653.530.54
EBITDA margin+32.1%+20.3%+27.3%+44.3%+27.1%+28.1%+45.1%+6.7%
Depreciation0.920.680.550.370.420.110.310.17
Interest0.970.900.720.760.780.600.260.09
Profit before tax7.917.736.667.524.784.895.111.00
Tax2.393.401.712.191.221.080.430.69
Net profit5.524.334.955.333.563.814.680.31
EPS (₹)3.202.742.434.421.923.103.290.00
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue77.3630.6928.8619.3812.382.951.87
Revenue growth+152.1%+6.3%+48.9%+56.5%+319.7%+57.8%-
EBITDA28.189.064.912.131.78(0.48)(0.43)
EBITDA margin+36.4%+29.5%+17.0%+11.0%+14.4%-16.3%-23.0%
Profit before tax28.1910.555.341.431.31(0.78)(0.73)
Net profit19.817.533.771.170.83(0.61)(0.26)
Net profit margin+25.6%+24.5%+13.1%+6.0%+6.7%-20.7%-13.9%
EPS (₹)12.545.503.022.301.63(1.18)(0.57)
Balance sheet
Total assets17810067.3920.6411.6510.039.36
Net worth14987.9264.6916.207.556.737.38
Total debt28.5612.362.694.444.093.291.99
Cash & bank7.562.284.160.070.070.110.10
Net working capital11348.5553.3714.105.835.285.48
Cash flow
Cash from operations(38.49)9.13(33.32)(6.06)0.39(0.17)(0.90)
Cash from investing(11.15)(35.93)(4.98)(1.23)(0.95)(0.91)(0.14)
Cash from financing54.9324.9142.397.290.511.090.71
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue20.4828.6720.4315.2213.0413.256.455.50
Revenue growth (YoY)+57.1%+116.4%+216.7%+176.7%+137.1%---
Other income0.911.870.720.570.310.590.510.64
Total expenses12.1220.2412.328.488.158.904.614.06
EBITDA8.368.438.116.744.894.351.841.44
EBITDA margin+40.8%+29.4%+39.7%+44.3%+37.5%+32.8%+28.5%+26.2%
Depreciation0.310.270.160.130.120.120.110.10
Interest0.910.790.730.610.650.130.200.07
Profit before tax8.059.247.946.574.434.692.041.91
Tax2.292.722.441.971.251.400.590.51

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 06 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue28.2237.4326.7817.3820.6212.997.828.01
Revenue growth (YoY)+36.9%+188.1%+242.5%+117.0%+157.4%---
Other income0.751.710.610.950.401.952.150.72
EBITDA9.057.607.327.705.583.653.530.54
EBITDA margin+32.1%+20.3%+27.3%+44.3%+27.1%+28.1%+45.1%+6.7%
Depreciation0.920.680.550.370.420.110.310.17
Interest0.970.900.720.760.780.600.260.09
Profit before tax7.917.736.667.524.784.895.111.00
Tax2.393.401.712.191.221.080.430.69
Net profit5.524.334.955.333.563.814.680.31
EPS (₹)3.202.742.434.421.923.103.290.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Revenue10236.8233.9019.38
Revenue growth+177.6%+8.6%+74.9%-
Other income3.665.521.880.06
Total expenses74.0128.5428.2817.25
Employee cost0.001.851.224.39
EBITDA28.208.285.622.13
EBITDA margin+27.6%+22.5%+16.6%+11.0%
Depreciation2.020.760.360.25
Interest3.161.030.600.51
Profit before tax26.6812.016.541.43
Tax8.512.881.550.26
Net profit18.139.134.991.17
Net profit margin+17.7%+24.8%+14.7%+6.0%
EPS (₹)11.516.674.032.30
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Equity & liabilities
Share capital17.2113.6712.445.09
Reserves & surplus13556.2528.463.58
Shareholders' funds (net worth)15289.4965.8816.20
Minority interest10.586.13(0.02)0.00
Secured loans31.3212.072.524.23
Unsecured loans2.555.690.330.21
Total debt33.8717.762.854.44
Total liabilities19711368.7220.64
Assets
Gross block71.2859.997.895.05
Net block67.2257.956.624.14
Capital work in progress22.8019.483.681.21
Investments4.722.030.530.53
Inventories19.7514.0511.554.83
Sundry debtors33.9415.7812.795.78
Cash & bank balances9.823.335.180.07
Loans & advances78.1433.4333.796.92
Total current assets14266.5963.3117.60
Total current liabilities47.9934.677.643.50
Net working capital93.6631.9255.6714.10
Total assets19711368.7220.64
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Opening cash3.335.180.070.07
Net cash from operating activities(36.59)29.56(33.31)(6.06)
Net cash from investing activities(15.83)(67.12)(4.08)(1.23)
Net cash from financing activities58.9035.7242.497.29
Net change in cash6.49(1.84)5.100.00
Closing cash9.823.335.180.07
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Growth
Sales growth+177.6%+8.6%+74.9%-
EBITDA growth+240.6%+47.3%+163.9%-
PBT growth+122.2%+83.6%+357.3%+9997.0%
Net income growth+98.6%+83.0%+326.5%-
Revenue CAGR (3Y)+74.1%---
EBITDA CAGR (3Y)+136.6%---
Profitability & leverage
Net income margin+17.8%+24.8%+14.7%+6.0%
Return on capital employed-+14.8%+16.0%+9.4%
Return on net worth-+11.7%+12.2%+7.2%
Debt / equity-0.130.090.27
Long-term debt / equity-0.030.010.03
Interest cover12.0713.7011.4127.13
Efficiency & per share
Fixed asset turnover-1.175.574.10
Inventory turnover-3.104.404.28
Debtors turnover-2.773.883.58
EPS (₹)11.516.674.032.30
Dividend per share (₹)0.000.000.000.00
Book value per share (₹)0.0051.1432.8717.02
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue20.4828.6720.4315.2213.0413.256.455.50
Revenue growth (YoY)+57.1%+116.4%+216.7%+176.7%+137.1%---
Other income0.911.870.720.570.310.590.510.64
Total expenses12.1220.2412.328.488.158.904.614.06
EBITDA8.368.438.116.744.894.351.841.44
EBITDA margin+40.8%+29.4%+39.7%+44.3%+37.5%+32.8%+28.5%+26.2%
Depreciation0.310.270.160.130.120.120.110.10
Interest0.910.790.730.610.650.130.200.07
Profit before tax8.059.247.946.574.434.692.041.91
Tax2.292.722.441.971.251.400.590.51
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue77.3630.6928.8619.3812.382.951.87
Revenue growth+152.1%+6.3%+48.9%+56.5%+319.7%+57.8%-
Other income3.462.381.270.060.010.070.00
Total expenses49.1821.6323.9517.2510.603.432.30
Employee cost0.005.855.104.391.810.610.61
EBITDA28.189.064.912.131.78(0.48)(0.43)
EBITDA margin+36.4%+29.5%+17.0%+11.0%+14.4%-16.3%-23.0%
Depreciation0.670.420.290.250.200.150.15
Interest2.780.470.550.510.280.220.15
Profit before tax28.1910.555.341.431.31(0.78)(0.73)
Tax8.383.021.570.260.48(0.17)(0.44)
Net profit19.817.533.771.170.83(0.61)(0.26)
Net profit margin+25.6%+24.5%+13.1%+6.0%+6.7%-20.7%-13.9%
EPS (₹)12.545.503.022.301.63(1.18)(0.57)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital17.2113.6712.445.095.095.095.09
Reserves & surplus13254.6827.273.582.461.642.29
Shareholders' funds (net worth)14987.9264.6916.207.556.737.38
Secured loans26.017.252.524.233.241.881.09
Unsecured loans2.555.110.170.210.851.410.90
Total debt28.5612.362.694.444.093.291.99
Total liabilities17810067.3920.6411.6510.039.36
Assets
Gross block16.467.276.335.054.694.393.48
Net block14.185.665.134.144.033.933.17
Capital work in progress17.1218.960.711.210.710.180.18
Investments30.6724.945.970.530.120.000.00
Inventories13.2911.859.964.832.912.002.56
Sundry debtors28.1515.7213.485.785.473.963.05
Cash & bank balances7.562.284.160.070.070.110.10
Loans & advances88.5934.1931.416.921.110.770.60
Total current assets13864.0459.0117.609.566.846.31
Total current liabilities24.6515.495.643.503.731.560.83
Net working capital11348.5553.3714.105.835.285.48
Total assets17810067.3920.6411.6510.039.36
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash2.284.160.070.070.110.100.42
Net cash from operating activities(38.49)9.13(33.32)(6.06)0.39(0.17)(0.90)
Net cash from investing activities(11.15)(35.93)(4.98)(1.23)(0.95)(0.91)(0.14)
Net cash from financing activities54.9324.9142.397.290.511.090.71
Net change in cash5.29(1.89)4.090.01(0.04)0.01(0.32)
Closing cash7.562.284.160.070.070.110.10
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+152.1%+6.3%+48.9%+56.5%+319.7%+57.8%-
EBITDA growth+211.0%+84.5%+130.5%+19.7%+470.8%-11.6%-
PBT growth+167.2%+97.6%+273.4%+9.2%+9998.0%-6.9%+33.0%
Net income growth+163.1%+99.7%+222.2%+41.0%+236.1%-134.6%-
Revenue CAGR (3Y)+58.6%+35.3%+113.9%+118.0%+84.9%-17.4%-28.8%
EBITDA CAGR (3Y)+136.5%+72.0%-----
Profitability & leverage
Net income margin+25.6%+24.5%+13.1%+6.0%+6.7%-20.7%-15.5%
Return on capital employed-+13.1%+13.4%+11.7%+14.1%0.0%0.0%
Return on net worth-+9.9%+9.3%+9.5%+10.9%0.0%0.0%
Debt / equity-0.100.090.360.520.370.21
Long-term debt / equity-0.010.010.090.180.140.07
Interest cover10.115.4411.9027.1317.72-34.92-25.86
Efficiency & per share
Fixed asset turnover-4.935.444.253.060.750.54
Inventory turnover-3.074.195.355.671.290.92
Debtors turnover-2.293.223.682.950.840.56
EPS (₹)12.545.503.022.301.63(1.18)(0.57)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.0049.9931.9217.0214.8413.2214.49

Web traffic of Felix Industries

The website of Felix Industries (felixindustries.co) receives about 1.2K visits a month.

  • Monthly visits
    1.2K

    ▼ 38.3% vs previous month

Top companies in Waste & Water Management Systems

3 companies that operate in the same segment as Felix Industries (Waste & Water Management Systems) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture
2010Pune, Maharashtra, IndiaUSD 76.38 MUSD 56.11 M702
Provider of smart water purifier rental and maintenance services
2016Bengaluru, Karnataka, IndiaUSD 19.29 MUSD 3.62 M
Tech-based solid waste management and recycling solutions are provided.
2008Noida, Uttar Pradesh, IndiaUSD 31.1 MUSD 52.13 M106
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Frequently Asked Questions about Felix Industries

Felix Industries was founded in 2010.

Felix Industries is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Felix Industries has 127 employees.

The primary company behind Felix Industries, Felix Industries Limited, reported revenue of ₹106 Cr for FY 2026, up 178% year on year.

Felix Industries was founded in 2010 in Ahmedabad, India, within the environmental conservation sector. Operations center on wastewater recycling and treatment processes, including spent acid regeneration. Expertise is applied to recycling and reusing water resources, supporting sustainable waste management practices across industrial applications. Services are delivered to address e-waste and water pollution challenges in the region.

Felix Industries offers Wastewater Treatment, Solid Waste Treatment, and Green Hydrogen Production.

Yes, Felix Industries is publicly traded on NSE under the ticker symbol FELIX.

Felix Industries is associated with 2 legal entities: Felix Industries Limited, Felix Nano Synthesis Private Limited.

The legal entities of Felix Industries currently have 9 directors, including Ritesh Vinay Patel, Vinay Rajnikantbhai Patel, Uday Chandulal Shah and others.

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