Felix Industries Limited-Robust growth with whopping orders

29 May,2024 11:55 AM IST |  Mumbai  | 

Felix Industries Limited


Established in 2012, Felix Industries Ltd is dedicated to providing complete water and environmental solutions. The company's focus on Recycling, Re-using, Recovering, and Reducing underscores its commitment to environmental conservation.

With a portfolio boasting over 450 proprietary technologies, including physicochemical, biological, membrane-based, and hybrid treatments, Felix Industries manages water across various applications such as drinking water, industrial processes, wastewater treatment, and more.

Financial Performance
Felix Industries' financial performance reflects its robust growth trajectory. With remarkable financial ratios, the company showcases strong financial health:

The company's stock is currently trading above its 50-day and 200-day moving averages, indicating investor confidence. Foreign Institutional Investors (FIIs) have also increased their holdings in Felix Industries, signalling positive market sentiment.

Felix Industries has demonstrated a commendable net income growth of 74% over the last five years, outperforming industry averages. This growth is attributed to strategic decisions such as high earnings retention and efficient management practices.

To know more about the company, visit: https://www.felixindustries.co/

Recent Milestone: Large Order Acquisition
The highlight of recent developments is Felix Industries' acquisition of a significant order on May 21 - a 1 MLD RO Package. Initially executing the order for 550 KLD, the company is set to commence operation and maintenance upon commissioning.

This order, valued at INR 5,94,72,000/- (inclusive of GST) and to be executed within four months, marks a substantial milestone for Felix Industries.

Continuous Improvement through R&D
Felix Industries' commitment to excellence is evident in its ongoing Research and Development (R&D) activities aimed at enhancing efficiency, quality, waste reduction, and water management across its operations.

In conclusion, Felix Industries Ltd continues to lead in the water and environmental solutions sector, with its recent order acquisition highlighting its growth trajectory and commitment to innovation and sustainability.

Disclaimer: This blog contains information and updated news related to Felix Industries Limited. The content presented here is for informational purposes only and should not be construed as financial or investment advice.

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!
Brand Media
Related Stories