Felix Industries Ltd Q1 FY26 Results & Concall Highlights: Revenue, Margins & Order Book
Published 15 Jul 2026 | Other Utilities | Market Cap: ₹313 Cr
FY25 consolidated revenue reached INR36.82 crores, up from INR33.9 crores in FY24. The company expects strong growth in consolidated revenue: from INR110-130 crores in the current year to approximately INR200+ crores in FY27.
From Felix Industries Ltd's Q1 FY26 earnings-call transcript · updated 23 Aug 2026.
Price
₹179
Market Cap
₹313 Cr
P/E Ratio
17.2
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Felix Industries Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹27 Cr, net profit ₹5 Cr.
Full financials →📊 Revenue & Sales Performance
- →FY25 consolidated revenue reached INR36.82 crores, up from INR33.9 crores in FY24.
- →Current year (FY26) revenue guidance is INR110 to INR130 crores, indicating strong year-on-year growth.
- →FY27 revenue is expected to exceed INR200 crores, showing a significant expansion trajectory.
- →Oman operations projected to contribute about 40% of total revenue (~INR80 crores) by FY27.
- →Gradual scaling up of BOOT projects and operating revenues from wastewater treatment plants.
- →Expansion into waste-to-energy, advanced material recovery, chemicals, defense, and clean energy sectors.
- →Leveraging AI and digital automation for smarter plant operations to enhance efficiency and growth.
- →Continuous order inflows with current order book including INR56-60 crores EPC and INR30 crores operating revenue.
- →Infrastructure development focus with increasing BOOT projects expected to drive higher margins and stable revenues.
📈 Profitability & Margins
- →The company expects strong growth in consolidated revenue: from INR110-130 crores in the current year to approximately INR200+ crores in FY27.
- →EBITDA margins are targeted around 25-28%, with PAT (net profit) expected around 17-21%, settling near 20% as a good base.
- →Oman operations are projected to contribute about 40% of total revenues by FY27 (~INR80 crores), with better margins compared to EPC.
- →BOOT (Build-Own-Operate-Transfer) projects are anticipated to generate higher margin revenues (~30%), with expanding capacity and commissioning of new plants driving growth.
- →The company forecasts IRR of 24-26 months on new projects, indicating solid returns on capital employed.
- →Internal accruals are strong, reducing the need for external capital raising in the near term.
- →Overall, substantial growth is driven by scaling Oman operations, ramping up BOOT projects, and operating revenue expansion.
🏗️ Capital Expenditure Plans
- →Felix Industries is actively expanding through BOOT (Build-Own-Operate-Transfer) projects, with recent contracts including a INR140 crores and INR22 crores BOOT projects focused on the food sector.
- →The company is investing approx INR35 crores combined capital expenditure for setting up these BOOT plants (INR15 crores and INR20 crores respectively).
- →Expansion plans include increasing capacity in waste-to-energy and advanced material recovery, and strengthening presence in chemicals, defense, and clean energy sectors.
- →The Green Hydrogen plant owned by the company is used internally for energy generation, indicating investment in clean energy technologies.
- →No immediate equity raising planned; capital expansion funded through existing equity and possibly debt if needed.
- →Internal accruals are strong, reducing the need for external capital in the near term.
- →Company aims to develop more infrastructure projects (BOOT) as strategic growth, reducing focus on EPC to achieve higher margins and sustainable revenue streams.
💰 Fundraising & Capital Structure
- →The company does not foresee any need for equity raising in the next year, as the current equity part is completed.
- →For expansion plans, the company might explore some debt options, so there could be potential fundraising through debt.
- →Internal accruals are strong due to good cash generation from operations, reducing immediate external capital needs.
- →No further external capital inputs are expected at least for the next one year.
- →Debt options remain open and may be considered only if expansion plans require additional funding or if any disruptions occur.
📋 Order Book & Pipeline
- →Current standalone EPC order book: INR 56 to 60 crores
- →Operating revenue: Approx. INR 30 crores
- →Subsidiary order booking: INR 18 to 36 crores
- →Consolidated expected revenue for current year: INR 110 to 130 crores
- →The order book includes EPC and BOOT/ BOT projects (e.g., INR 140 crores and INR 22 crores BOT contracts)
- →New orders will add to the existing operating revenue; overall order book likely to grow to INR 120-150 crores next year
- →Oman order book stands at approx. INR 20 to 22 crores (expected to scale up with Phase 2 commissioning)
- →Ongoing discussions for multiple large BOOT contracts across Oman and Middle East, expected to close soon
- →Expansion and BOOT projects expected to drive significant future order inflows and revenue growth
Key Metrics
Frequently Asked Questions
What were Felix Industries Ltd Q1 FY26 results?
FY25 consolidated revenue reached INR36.82 crores, up from INR33.9 crores in FY24. The company expects strong growth in consolidated revenue: from INR110-130 crores in the current year to approximately INR200+ crores in FY27.
What is Felix Industries Ltd share price analysis?
Felix Industries Ltd currently shows a neutral. The stock trades at a P/E of 17.2 with a market cap of ₹313 Cr. Investors should review the full earnings analysis for detailed insights.
Is Felix Industries Ltd planning capital expenditure?
Felix Industries is actively expanding through BOOT (Build-Own-Operate-Transfer) projects, with recent contracts including a INR140 crores and INR22 crores BOOT projects focused on the food sector.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.
