SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Felix Industries Ltd (FELIX)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: FELIX Environmental Services | Small Cap | Felix Industries Share Price

BSE Share Price
Not Listed

Felix Industries Ltd (FELIX)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: FELIX Environmental Services | Small Cap | Felix Industries Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹319 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹11.5
TTM Sales
₹77.4 Cr.
Book Value per Share
₹86.8
P/E Ratio
16.12
Lower than its 5-year historical median
Industry PE
31.2
Price to Book (P/B)
2.14
Lower than its 5-year historical median
Price to Sales (P/S)
4.13
Lower than its 5-year historical median
EV/EBITDA
10.75
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
13.91%
In line with industry median
Return on Capital Employed (ROCE)
13.13%
In line with industry median
Return on Assets (ROA)
7.94%
Operating Profit Margin
29.5%
Net Profit Margin
24.5%
Gross Profit Margin
32.7%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
6.34%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
84.69%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
100%
Asset Quality
Promoter Holding
50.78%
Pledged shares (%) of Promoter's holding (%)
40.46%
Reserves
₹132 Cr.
Equity
₹17.2 Cr.
Face Value
₹10
All Time Low / High
- / -

Felix Industries stock performance

Key Ratios
mw4me loader

Check Before You Invest

Quality

Locked
Login to view analysis.

Valuation

Locked
Login to view analysis.

Price Trend

Locked
Login to view analysis.
Q.1 Is Felix Industries Ltd a good quality company?
Felix Industries Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Felix Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Felix Industries Ltd vs industry peers?
Felix Industries Ltd revenue CAGR is 75.00%, compared to the industry median CAGR of 4.01%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Felix Industries Ltd?
Promoters hold 50.78% of the Felix Industries Ltd, with 40.46% of their stake pledged, indicating high pledge risk.
Q.1 Stock return of Felix Industries Ltd over the last decade?
Over the last 5 year(s), the stock has delivered a CAGR of 37.07% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Felix Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 20.6%12.3%7.7%-10.9%-6.5%-5.7%14.7%12%13.4%13.1%-
Value Creation
Index
0.5-0.1-0.5-1.8-1.5-1.40.1-0.1-0.1-0.1-

Growth Parameters

Sales 3.25.25.221.9312.419.428.930.777
Sales YoY Gr.-64.1%1.4%-62.6%-4.6%57.8%319.7%56.5%48.9%6.3%-
Adj EPS 3.30.50.5-2.3-0.5-1.21.62.335.411.5
YoY Gr.--85.9%8.7%-552%NANANA40.7%32%80.7%-
BVPS (₹) 10.310.417.114.714.213.114.81731.95086.8
Adj Net
Profit
0.10.20.3-1.2-0.3-0.60.81.23.87.420
Cash Flow from Ops. -0.1-1.7-1.50-0.9-0.20.4-6.1-33.39.1-
Debt/CF from Ops. -11.7-0.7-0.4229-2.2-19.210.4-0.7-0.11.4-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 28.8%75%35.3%6.3%
Adj EPS 5.8%NA49.8%80.7%
BVPS19.1%28.6%49.9%56.6%
Share Price - 34% 24.7% 10.1%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
367.94-13.9-3.6-8.611.69.89.39.716.8
Op. Profit
Mgn %
128.77.4-53.7-21.4-15.914.4111729.536.4
Net Profit
Mgn %
4.43.34.9-58.8-14.6-20.66.761324.225.6
Debt to
Equity
3.80.30.10.20.30.50.50.50.10.20.1
Working Cap
Days
3012954091,1391,154801230254446663272
Cash Conv.
Cycle
166205296936977623127120170229203

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales35522312192931
Operating Expenses + 35532311172422
Manufacturing Costs0000001233
Material Costs243112691310
Employee Cost 0111112456
Other Costs 0011102133
Operating Profit 000-1-0-02259
Operating Profit Margin (%) 12.0%8.7%7.4%-53.7%-22.9%-15.9%14.4%11.0%17.0%29.5%
Other Income + 0000000012
Exceptional Items -0000000000
Interest 0000000110
Depreciation 0000000000
Profit Before Tax 000-1-1-111511
Tax 0000-0-00023
Profit After Tax 000-1-0-11148
PAT Margin (%) 3.5%3.3%4.9%-57.7%-15.6%-20.3%6.7%6.0%13.0%24.5%
Adjusted EPS (₹)2.60.50.5-2.2-0.6-1.21.62.33.05.5
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Felix Industries - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 049877894068
Share Capital 045555551214
Reserves 004322242755
Debt +21012344212
Long Term Debt1000112215
Short Term Debt1101122217
Minority Interest0000000000
Trade Payables1111113233
Others Liabilities 1000-001102933
Total Liabilities 4610101011152473116

Fixed Assets

Net Fixed Assets +0123344456
Gross Block0124345567
Accumulated Depreciation0000001112
CWIP 00000011119
Investments 00000001625
Inventories111232351012
Trade Receivables245434561316
Cash Equivalents 0020000042
Others Assets 001111283437
Total Assets 4610101011152473116

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -0-2-10-1-00-6-339
PBT 000-1-1-111511
Adjustment 00000011-0-1
Changes in Working Capital -1-2-21-10-1-8-381
Tax Paid -0-0-0-0-0-0-0-0-0-2
Cash Flow From Investing Activity + -0-1-1-2-0-1-1-1-5-36
Capex -0-1-1-2-0-1-1-1-1-19
Net Investments 000000-0-0-5-19
Others 0000000012
Cash Flow From Financing Activity + 034011174225
Net Proceeds from Shares 03500000230
Net Proceeds from Borrowing 1-0-00101-0-04
Interest Paid -0-0-0-0-0-0-0-1-1-0
Dividend Paid 0000000000
Others -0-0-1101-082121
Net Cash Flow -002-1-00-004-2

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)N/A8.014.09-13.97-3.96-8.611.6514.4315.5313.91
ROCE (%)N/A12.337.66-10.87-6.45-5.714.7312.0213.3713.13
Asset Turnover Ratio1.091.060.640.20.190.281.031.040.630.35
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/A0-6-8.251.13
Working Capital Days
Receivable Days203.20223.10302.20790.60654.50433.50127.2099.30113.50159.10
Inventory Days54.8054.5061.30217.70397.90281.6066.2068.3087.10118.80
Payable Days13396.4091.10166.30260.20125.90111.6095.6066.10103.70

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.0032.0440.46
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Felix Industries Ltd FAQs

The current trading price of Felix Industries on 01-Jan-1970 05:30 is ₹0.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of Felix Industries stood at ₹319.3 Cr

The latest P/E ratio of Felix Industries as of 31-Dec-1969 is 16.12.

The latest P/B ratio of Felix Industries as of 31-Dec-1969 is 2.14.

The 52-week high of Felix Industries is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Felix Industries is ₹77.36 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Felix Industries Ltd is a below average quality company.

The key valuation ratios of Felix Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Felix Industries Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Felix Industries Ltd

Felix Industries was incorporated as Felix Industries Private Limited on September 18, 2012. Subsequently, pursuant to Shareholders Resolution passed at the Extra-ordinary General Meeting held on April 11, 2017, company was converted into a Public Limited Company and the name of company was changed to ‘Felix Industries Limited’ vide a fresh Certificate of Incorporation dated April 24, 2017 issued by the Registrar of Companies, Ahmedabad, Gujarat.

The company is a leading environmental engineering company committed to delivering end-to-end solutions across the water, wastewater, solid waste, and hydrocarbon management spectrum. Established with a vision to drive sustainable industrial transformation, it operates at the intersection of circular economy principles and technological innovation. Its comprehensive service portfolio spans Effluent and Sewage Treatment Plants, Zero Liquid Discharge systems, Solid Waste, and Hydrocarbon Re-refining. It serves clients across diverse industries including textiles, pharmaceuticals, oil & gas, food processing, and infrastructure.

Its business is strategically diversified across key pillars of environmental sustainability, each addressing critical needs of a resource-constrained world. It specialises in comprehensive water and wastewater management, offering end-to end solutions that reclaim, treat, recycle, reduce and reuse water for industrial and municipal use. Its solid waste management segment focuses on the safe handling, processing, and recovery of valuables, converting solid waste to energy from municipal and industrial waste streams, aligned with circular economy principles. In hydrocarbon recycling, it provides advanced solutions to recover valuable hydrocarbons and its derivatives from oily and hazardous wastes, reducing environmental risks while enabling resource reuse. Together, these synergistic verticals reflect its commitment to innovation-led, impact driven environmental engineering.

It is guided by a Zero-Waste Philosophy and driven by a mission to reclaim resources, reduce environmental impact, and restore ecological balance. It operates through a multi-model execution framework, including EPC, BOOT, BOT, O&M, and PPP, enabling tailored, scalable solutions for complex environmental challenges. As it continues to expand its global footprint and invest in future-ready infrastructure, the company remains firmly focused on delivering purpose-driven growth and long-term stakeholder value.

Business area of the company

The company is engaged in the business of development of water and waste water recycling and treatment system, industrial piping solutions and e-waste recycling system. It is a leading environmental engineering company committed to delivering end-to-end solutions across the water, wastewater, solid waste, and hydrocarbon management spectrum.

History and milestones

  • 2010: The company began its journey as a visionary Eco tech start-up, driven by a desire to address environmental challenges through scientific thinking, sustainable practices, and technological innovation.
  • 2012: The company formally incorporated as Felix Industries Private Limited, rapidly scaling its technical capabilities and expanding business operations across water and waste verticals.
  • 2014: It diversified into e-waste recycling, becoming early adopters in the recovery of heavy metals from discarded electronics, an essential step towards resource conservation and responsible recycling.
  • 2017: Achieving a major corporate milestone, it becomes a publicly listed company on the National Stock Exchange of India (NSE), a tribute to its credibility, governance, and commitment to value creation.
  • 2018: It entered the solid waste management space, focusing on converting industrial waste into reusable materials, further deepening its involvement in the circular economy.
  • 2024: Felix Ventured Multiple segments of environment through its subsidiaries as Rivita Solution Private Limited, Felix WMC Private Limited, Enovation Aqua Process Private Limited started the operations.
  • 2025: It’s Oman-based subsidiary, Felix Industries LLC, commenced full-scale operations, extending its footprint and solution delivery capabilities to the Gulf region. 
  • 2025: It secured major contracts for effluent water treatment and disposal for an oil & gas company, zero liquid discharge (ZLD) system purchase order for a steel sector company, and the design, supply, installation, and commissioning of ZLD and water treatment plants for a food & beverage company, highlighting its technical expertise and industry trust.

To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×