What we do Felix Industries Ltd specializes in environmental conservation, focusing on water recycling, industrial piping, nanotechnology, and e-waste recycling to promote sustainability. |
Founded in 2,012 |
Market share Among largest e-waste recyclers in India with diverse environmental service segments and pan-India presence. |
Problem solved Addresses water scarcity, industrial effluent treatment, e-waste pollution, and sustainable waste management challenges. |
Top clients or who we serve Industries like steel, pharma, automotive, textiles, plus urban water management and e-waste sectors; serves B2B and government clients. |
Key management Mr. Ritesh Vinay Patel (Managing Director) and Mr. Vinay Rajnikant Patel (CEO & Whole-time Director) lead with expertise in chemical and environmental engineering. |
Our journey and innovations Started in 2012, became public in 2017, formed key subsidiaries, and innovated in membrane tech and hydrocarbon recycling by FY 2025. |
Where we operate Primarily India with a subsidiary in Muscat, Oman; operations span urban and industrial regions nationwide. |
Top products or what we offer Water and wastewater recycling plants, industrial piping products, nano membrane technologies, and approved e-waste recycling services. |
Top brands Felix WMC, Enovation Aquaprocess, Rivita Solutions, and Felix Industries LLC in Oman; key players in decentralized water and oil & gas sectors. |
Raw materials needed Thermoplastic raw materials, specialized membranes, electronic waste components for recycling, and chemicals for water treatment. |
Raw materials supplier Supplies sourced through exclusive distributor agreements with companies like Astral Poly Technik and The Aliaxis Group. |
Recurring vs cyclical contribution Revenue mix includes recurring operations & maintenance services plus cyclical EPC and BOOT project contracts. |
Our industry position Recognized leader in environmental services with significant recycling capacity and diversified business verticals. |
Financial highlights Consolidated FY 2025 Revenue INR 36.82 Cr; PAT INR 9.11 Cr; EPS growth to 6.87 reflects strong profitability and expansion. |
Geographical revenue split Revenue predominantly from Indian markets with growing international presence via Oman subsidiary. |
Order book Robust orders in hand including 500 KLD zero liquid discharge projects and ongoing lease contracts. |
Whats driving growth Increasing environmental regulations, industrial demand for recycling solutions, and expansion into oil & gas and hydrocarbon recycling. |
Our future plans Capex on subsidiary growth, technological innovation in membranes, expanding e-waste capacity, and international market development. |
Our green promise Focus on recycle-reuse-recover-reduce ethos with sustainable water treatment and e-waste management practices. |
Our people and values Professional management with environmental expertise; commitment to ethical governance and stakeholder engagement. |
Key challenges ahead Recovery of doubtful debts, timely regulatory compliance, and scaling technology solutions amid competition. |
Interesting facts One of India’s largest authorized e-waste recyclers with a unique closed-loop hydrocarbon recycling business model. |
Risks and strategy Risk of bad debts mitigated by active recovery; growth through strategic subsidiaries and diversified environmental services. |
