The shares of Waste Water Management company, specializing in environmental solutions, focusing on water and wastewater treatment, e-waste recycling, and industrial piping, jumped upto 4 percent upon receiving a work order from Accent Microcell Limited.
With a market capitalization of Rs. 228.82 crore on Monday, shares of Felix Industries Limited jumped upto 4.03 percent, making a high of Rs. 169.00 per share compared to its previous closing price of Rs. 162.45 per share.
What Happened
Felix Industries Limited, engaged in environmental solutions, focusing on water and wastewater treatment, e-waste recycling, and industrial piping, has received a purchase order from Accent Microcell Limited.
The order comprises the supply, installation, testing, and commissioning (SITC) of mechanical equipment for a 1,000 KLD (1 MLD) Water Treatment Plant (WTP) system on an Engineering, Procurement, and Commissioning (EPC) basis. This domestic order is valued at Rs. 7,58,26,800 and is to be executed within three months.
About the Company
Felix Industries Limited, founded in 2010 and based in Ahmedabad, is a leading environmental engineering company specializing in water and wastewater management, solid waste management, and e-waste recycling in India and Oman. The company delivers end-to-end solutions, including zero liquid discharge systems, water reclamation, and waste oil processing, serving diverse industries such as steel, pharmaceuticals, and textiles.
Felix Industries Limited operates in four main segments: Water & Wastewater Management, Solid Waste Management, Hydrocarbon Recycling, and Green Hydrogen production. These segments cover a wide range of services from industrial wastewater treatment to renewable energy solutions.
Key Financials
As of December 2024, Felix Industries Limited reported total revenue of Rs. 9.97 crore and a net profit of Rs. 3.95 crore. Felix Industries Limited has a P/E ratio of 44.39, significantly lower than the industry average of 452.29, and maintains a low debt-to-equity ratio of 0.10. Over the past three years, the company has achieved an average revenue growth of 30.60 percent and an impressive average net profit growth of 65.49 percent.
Written by Sridhar J
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