---
title: "Felix Industries Ltd (FELIX) — Share Price, Financials & Analysis"
symbol: "FELIX"
company: "Felix Industries Ltd"
canonical: "https://tapetide.com/stocks/FELIX"
isin: "INE901X01013"
nse_symbol: "FELIX"
sector: "Utilities"
industry: "Water Supply & Management"
market_cap_cr: 364.6
generated_at: "2026-09-13T19:17:31.834Z"
---

# Felix Industries Ltd (FELIX)

Canonical page: https://tapetide.com/stocks/FELIX

## Company

- **NSE Symbol:** FELIX
- **ISIN:** INE901X01013
- **Sector:** Utilities
- **Industry:** Water Supply & Management
- **Macro Sector:** Utilities
- **Stock Type:** EQUITY
- **Listed Since:** 2017-12-05
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** felixindustries.co

## About

Incorporated in 2012, Felix Industries Ltd offers total water and environmental solutions

## Latest Price

- **Price:** ₹216.3
- **Change:** -4.15 (-1.88%)
- **Open:** ₹210.1
- **Day High:** ₹219.2
- **Day Low:** ₹203.95
- **Previous Close:** ₹220.45
- **Volume:** 112000
- **As Of:** 2026-09-11T09:55:00+00:00

## Key Fundamentals

Observed at 2026-09-11T04:39:57.352831Z.

- **Market Cap:** ₹364.6 Cr
- **Classification:** SME
- **P/E (reported):** 18.8
- **P/E (TTM):** 18.49
- **EPS (TTM):** ₹11.7
- **Book Value:** ₹88.19
- **Price to Book:** 2.5
- **Dividend Yield:** 0%
- **ROE:** 9.53%
- **ROCE:** 12.27%
- **Debt to Equity:** 0.22
- **Revenue (yearly):** ₹102.21 Cr
- **Net Income:** ₹18.52 Cr
- **EBITDA:** ₹28.2 Cr
- **52-Week High:** ₹232.95
- **52-Week Low:** ₹142.65
- **RSI (14):** 72.92

## Tapetide Score

- **Score:** 67 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Average · Valuation: Expensive · Momentum: Rising
- **Percentile:** 98.2 (of 4473 scored stocks)
- **Confidence:** 98%
- **Data coverage:** 95%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 76.65 | 9% |
| growth | 98.9 | 9% |
| momentum | 84.79 | 12% |
| ownership | 82.6 | 24% |
| quality | 50.87 | 22% |
| valuation | 48.12 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company is expected to give good quarter

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 13.5% over last 3 years.
- Promoters have pledged 40.5% of their holding.
- Promoter holding has decreased over last 3 years: -22.4%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 188.74% | 587.79% | -94.65% |
| ebitda margin growth | 5.38% | -18.18% | 26.8% | — |
| net income growth | 27.91% | 103.52% | 149% | — |
| revenue growth | -25.83% | 141.63% | 74% | — |
| roce | 2.9% | 15.65% | 14.35% | — |
| roe | 26.96% | 25.23% | 8.12% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 8.01 | 8.01 | 7.82 | 12.99 | 20.62 | 17.38 | 26.78 | 37.43 | 28.22 |
| Expenses | 7.47 | 7.47 | 4.29 | 9.33 | 15.04 | 9.68 | 19.46 | 29.83 | 19.17 |
| Operating Profit | 0.54 | 0.54 | 3.53 | 3.66 | 5.58 | 7.7 | 7.32 | 7.6 | 9.05 |
| OPM % | 6.74 | 6.74 | 45.14 | 28.18 | 27.06 | 44.3 | 27.33 | 20.3 | 32.07 |
| Other Income | 0.72 | 0.72 | 2.15 | 1.95 | 0.4 | 0.95 | 0.61 | 1.71 | 0.75 |
| Interest | 0.09 | 0.09 | 0.26 | 0.6 | 0.78 | 0.76 | 0.72 | 0.9 | 0.97 |
| Depreciation | 0.17 | 0.17 | 0.31 | 0.11 | 0.42 | 0.37 | 0.55 | 0.68 | 0.92 |
| Profit before tax | 1 | 1 | 5.11 | 4.9 | 4.78 | 7.52 | 6.66 | 7.73 | 7.91 |
| Tax % | 69 | 69 | 8.41 | 22.04 | 25.52 | 29.12 | 25.68 | 43.98 | 30.21 |
| Net Profit | 0.31 | 0.31 | 4.68 | 3.81 | 3.56 | 5.33 | 4.95 | 4.34 | 5.51 |
| EPS in Rs | 0.39 | 0.23 | 2.92 | 2.38 | 2.68 | 2.78 | 3.24 | 2.38 | 3.3 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- |
| Sales | 19 | 34 | 37 | 102 | 110 |
| Expenses | 17 | 28 | 28 | 74 | 78 |
| Operating Profit | 2 | 6 | 8 | 28 | 32 |
| OPM % | 11 | 17 | 23 | 28 | 29 |
| Other Income | 0 | 2 | 6 | 4 | 4 |
| Interest | 1 | 1 | 1 | 3 | 3 |
| Depreciation | 0 | 0 | 1 | 2 | 3 |
| Profit before tax | 1 | 7 | 12 | 27 | 30 |
| Tax % | 18 | 24 | 24 | 32 | — |
| Net Profit | 1 | 5 | 9 | 18 | 20 |
| EPS in Rs | 2.3 | 4.03 | 6.66 | 10.54 | 11.7 |
| Dividend Payout % | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Equity Capital | 5 | 12 | 14 | 17 |
| Reserves | 11 | 53 | 76 | 135 |
| Borrowings | 4 | 3 | 18 | 34 |
| Other Liabilities | 4 | 8 | 41 | 60 |
| Total Liabilities | 24 | 77 | 149 | 245 |
| Fixed Assets | 4 | 7 | 58 | 67 |
| CWIP | 1 | 4 | 19 | 23 |
| Investments | 1 | 1 | 2 | 5 |
| Other Assets | 18 | 66 | 69 | 151 |
| Total Assets | 24 | 77 | 149 | 245 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Cash from Operating Activity | -6 | -33 | 30 | -37 |
| Cash from Investing Activity | -1 | -4 | -67 | -16 |
| Cash from Financing Activity | 7 | 42 | 36 | 59 |
| Net Cash Flow | 0 | 5 | -2 | 6 |
| Free Cash Flow | -7 | -39 | -38 | -51 |
| CFO/OP | -270 | -586 | 378 | -120 |

### Ratios

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Debtor Days | 109 | 139 | 157 | 122 |
| Inventory Days | 195 | 337 | 489 | 238 |
| Days Payable | 76 | 133 | 743 | 91 |
| Cash Conversion Cycle | 228 | 342 | -96 | 269 |
| Working Capital Days | 213 | 531 | 207 | 228 |
| ROCE % | — | 16 | 14 | 19 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 73.14% | 73.14% | 73.14% | 73.14% | 73.14% | 62.51% | 54.85% | 50.85% | 50.67% | 50.33% | 50.78% | 50.78% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 1.43% | 1.42% | 0% | 1.24% | 1.28% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 1.17% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 15.24% | 25.45% | 24.82% | 24.98% | 23.01% | 20.67% | 24.72% | 34.49% | 38.44% | 38.21% | 34.52% | 32.11% |
| Others | 11.62% | 1.41% | 2.04% | 1.88% | 3.85% | 16.82% | 20.43% | 13.23% | 9.47% | 11.46% | 13.46% | 14.66% |
| No. of Shareholders | 88 | 137 | 199 | 186 | 179 | 387 | 474 | 2872 | 3293 | 3212 | 3272 | 2819 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 12 / 6 / 1

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 205.14 | Buy |
| EMA (10) | 208.34 | Buy |
| SMA (20) | 193.1 | Buy |
| EMA (20) | 199.24 | Buy |
| SMA (50) | 187.4 | Buy |
| EMA (50) | 191.7 | Buy |
| SMA (100) | 193.08 | Buy |
| EMA (100) | 189.61 | Buy |
| SMA (200) | 185.35 | Buy |
| EMA (200) | 186.02 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 67.95 | Neutral |
| MACD (12,26,9) | 9.52 | Buy |
| Stochastic (14,3,3) | 84.72 | Sell |
| ADX (14) | 23.84 | Neutral |
| Williams %R (14) | -21.21 | Neutral |
| ATR (14) | 9.55 | High Volatility |
| ROC (12) | 19.63 | Buy |
| Stoch RSI (14) | 77.06 | Neutral |
| UO (7,14,28) | 66.84 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Sep - Newspaper ads confirm dispatch of FY2025-26 annual report and 14th AGM notice. | [Copy of Newspaper Publication 9 Sep - Newspaper ads confirm dispatch of FY2025-26 annual report and 14th AGM notice.](https://nsearchives.nseindia.com/corporate/FELIX_09092026104709_FinalNewspaperPublication.pdf) |
| 8 Sep - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written … | [Price movement 8 Sep - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …](https://www.nseindia.com/companies-listing/corporate-filings-announcements?symbol=FELIX&tabIndex=sme) |
| 8 Jul - Felix Industries submitted newspaper ads confirming postal ballot dispatch completion on 08 July 2026. | [Copy of Newspaper Publication 8 Jul - Felix Industries submitted newspaper ads confirming postal ballot dispatch completion on 08 July 2026.](https://nsearchives.nseindia.com/corporate/FELIX_08072026131741_FinalAdv.pdf) |
| 8 April 2026 - Submitted Regulation 74(5) compliance certificate for quarter ended March 31, 2026; no demat requests received. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 8 April 2026 - Submitted Regulation 74(5) compliance certificate for quarter ended March 31, 2026; no demat requests received.](https://nsearchives.nseindia.com/corporate/FELIX_08042026134205_Final_Certificate_.pdf) |
| 7 Sep - 14th AGM on 30 September 2026; appoint auditors, independent director, and approve accounts. | [Shareholders meeting 7 Sep - 14th AGM on 30 September 2026; appoint auditors, independent director, and approve accounts.](https://nsearchives.nseindia.com/corporate/FELIX_07092026223140_FINALNOTICE.pdf) |
| 7 Jul - Regulation 74(5) certificate for quarter ended June 30, 2026; no dematerialization requests received. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 7 Jul - Regulation 74(5) certificate for quarter ended June 30, 2026; no dematerialization requests received.](https://nsearchives.nseindia.com/corporate/FELIX_07072026170526_Certificate_Reg74_5__Signed.pdf) |
| 7 Jul - Postal ballot on SME-to-main-board migration, director appointment, and related-party transactions up to ₹70 crore. | [Shareholders meeting 7 Jul - Postal ballot on SME-to-main-board migration, director appointment, and related-party transactions up to ₹70 crore.](https://nsearchives.nseindia.com/corporate/FELIX_07072026143112_FinalNotice_.pdf) |
| 6 June 2026 - Audio recording of investor/analyst meeting held on 06 June 2026 hosted on company website. | [Analysts/Institutional Investor Meet/Con. Call Updates 6 June 2026 - Audio recording of investor/analyst meeting held on 06 June 2026 hosted on company website.](https://nsearchives.nseindia.com/corporate/FELIX_06062026164416_Covering_Letter__2_.pdf) |
| 6 April 2026 - Felix Industries confirms it is not a Large Corporate as of March 31, 2026. | [Updates 6 April 2026 - Felix Industries confirms it is not a Large Corporate as of March 31, 2026.](https://nsearchives.nseindia.com/corporate/FELIX_06042026182259_Disclosure_.pdf) |
| 4 June 2026 - Felix Industries released Q4 & FY26 investor presentation on June 4, 2026. | [Investor Presentation 4 June 2026 - Felix Industries released Q4 & FY26 investor presentation on June 4, 2026.](https://nsearchives.nseindia.com/corporate/FELIX_04062026133843_FinalPresentation.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_31817_FELIX_2025_2026_A_5406210_07092026223731.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28520_FELIX_2024_2025_A_5113307_05092025101831.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_26002_FELIX_2023_2024_0609202417730.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/SME_AR_23729_FELIX_2022_2023_07092023125654_09072023130000.zip) |
| from nse | [Annual Report 2022 from nse](https://archives.nseindia.com/annual_reports/SME_AR_20751_FELIX_2021_2022_19082022181121_08192022190003.zip) |
| from nse | [Annual Report 2021 from nse](https://archives.nseindia.com/annual_reports/SME_AR_19120_FELIX_2020_2021_01092021161007_09012021170006.zip) |
| from nse | [Annual Report 2020 from nse](https://archives.nseindia.com/annual_reports/SME_AR_17057_FELIX_2019_2020_01092020123650_01092020130003.zip) |
| from nse | [Annual Report 2019 from nse](https://archives.nseindia.com/annual_reports/SME_AR_15593_FELIX_2018_2019_31082019203658_31082019210012.zip) |
| from nse | [Annual Report 2018 from nse](https://archives.nseindia.com/annual_reports/SME_AR_14131_FELIX_2017_2018_06102018143747.zip) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2025 | [Concall - Sep 2025](https://nsearchives.nseindia.com/corporate/FELIX_25092025095854_FinalTranscript.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://nsearchives.nseindia.com/corporate/FELIX_26112025153737_FinalTranscript.pdf) |
| Jun 2025 | [Concall - Jun 2025](https://nsearchives.nseindia.com/corporate/FELIX_10062025132628_InvestorPresentation.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://nsearchives.nseindia.com/corporate/FELIX_18022025150335_FinalPresentation.pdf) |
| Aug 2025 | [Concall - Aug 2025](https://nsearchives.nseindia.com/corporate/FELIX_12082025113034_FinalPresentation.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:17:31.834Z.