### **Overview** Felix Industries Limited, founded in 2010 and headquartered in Ahmedabad, India, is a leading environmental engineering company specializing in end-to-end solutions for water and wastewater management, solid waste management, and hydrocarbon recycling. The company operates under a **Zero-Waste Philosophy**, promoting circular economy principles by converting waste into valuable resources. Listed on the NSE EMERGE platform since 2017, Felix has evolved from an eco-tech startup into a diversified, cross-continental enterprise with a growing international footprint. It maintains a strong presence in both **India and Oman**, supported by state-of-the-art manufacturing facilities and a robust project delivery framework, serving over 15 industries including pharmaceuticals, oil & gas, steel, food & beverage, textiles, and metro rail. --- ### **Core Business Verticals** Felix operates across three key environmental domains: 1. **Water & Wastewater Management** (Flagship Business) - Provides **Effluent Treatment Plants (ETPs), Sewage Treatment Plants (STPs), Zero Liquid Discharge (ZLD)** systems, brine recovery, and freshwater reclamation. - Proprietary technologies: **RoSoft** (high-purity water reclamation using membrane filtration) and **Aiwasun** (energy-efficient air-source heat pump-based heating/cooling systems). - Offers modular, containerized solutions for decentralized water access in remote and urban areas. - Achieves over **90% water recovery rates** in ZLD systems. 2. **Solid Waste Management** - Engaged in plastic recycling, hazardous waste treatment, e-waste (government-approved facility), and waste-to-energy projects. - Expanding into **plastic waste recycling** through acquisitions in Surat, Vadodara, and Ahmedabad—converting used milk pouches into industrial-grade plastic granules. - Developing **waste-to-energy capabilities**, including a 175-kW unit currently under development. - Exploring **green hydrogen** production via renewable-powered electrolysis using zero-TDS water. 3. **Hydrocarbon Recycling** - Re-refines used lubricant oil into high-quality base oils and fuels using **pyrolysis and advanced refining processes**. - Operates a 100-ton-per-day oil processing capacity in India and Oman, supporting closed-loop resource recovery. - Services include oily sludge treatment and water reclamation from hydrocarbon waste streams. --- ### **Geographic & Operational Footprint** - **India**: - Corporate office: 618 sq. ft., Ahmedabad - Manufacturing units: ~1,460 sq. m. in Gujarat; additional facilities in Changodar (Felix WMC – 3,500 sq. ft.) and Odhav (Rivita Solutions – 2,340 sq. ft.) - Active projects in Gujarat, including a 50 KLD STP under construction at Lanwa and a 1,500 KLD ZLD system contract. - **Oman**: - **Felix Industries LLC** – strategic gateway to the Gulf region, based in Sumair. - Facility size: **136,572.49 sq. ft. (~18,000 sq. m.)**, one of the largest in the region. - Engaged in large-scale effluent treatment, solid waste processing (7.5 tons/hour), and oil & gas water injection projects. - Phase-II expansion under review for 2026, contingent on current facility performance. --- ### **Project Portfolio & Key Contracts (Recent and Ongoing)** As of November 2025, Felix is executing several high-impact projects: - **3,500-KLD WIP plant** at a Pharma SEZ - **1,000-KLD system** for a major dairy producer - **1,050-KLD WIP unit** for oil & gas clients - **Upcoming 4,000-KLD multi-sectorial mixed-effluent ZLD plant** for a CETP (Common Effluent Treatment Plant) - **1500 KLD ZLD + 1500 KLD WTP + 120 KLD STP** domestic contract with **10-year O&M commitment** - **3-year BOOT contract** for water injection facility in Gujarat (oil & gas client) - **Short-term 75 KLD ZLD project** executed in Q1 FY25 The company has successfully **delivered over 100 projects** across India, UAE, and Oman, serving sectors such as pharmaceuticals, textiles, power, tanneries, and specialty chemicals. --- ### **Subsidiaries & Strategic Ecosystem** Felix has built an integrated network of specialized subsidiaries and associate companies to enhance domain expertise and scalability: - **Felix Industries LLC (Oman)**: Full-scale operations launched in 2025; focuses on waste oil processing, solid waste, and industrial water treatment in the Gulf. - **Rivita Solutions Pvt Ltd**: Turnkey provider for oil & gas utilities; registered vendor for a major national oil company. - **Enovation Aquaprocess Pvt Ltd**: Developer of patented **mixed salt separation and regeneration technology**; expected to commence commercial operations soon. - **Felix WMC Pvt Ltd**: Delivers urban water solutions (RoSoft, Aiwasun) for residential, healthcare, and hospitality sectors; pilot phase completed. - **Eco-Vision Aqua Care (Associate)**: Specialist in **CETP-ZLD systems** for industrial clusters and polluted zones. This subsidiary model enables **agility, innovation, and market-specific focus** while maintaining operational synergy across the group. --- ### **Business Models & Service Delivery Framework** Felix deploys a **flexible, multi-model approach** to project execution, offering clients tailored engagement options: - **EPC** (Engineering, Procurement, Construction) - **BOOT/BOT/BOO** (Build, Own, Operate, Transfer / Operate) - **DBO** (Design-Build-Operate) - **PPP** (Public-Private Partnerships) - **O&M** (Operation & Maintenance) - **Equipment Supply with Customization** This allows the company to offer **end-to-end lifecycle services**, from design and construction to long-term maintenance, ensuring sustainability and compliance. Notably, the shift toward **long-term O&M contracts** (e.g., 10-year agreements) reflects a strategic move to generate stable, recurring revenue and reduce client capex burden. --- ### **Technology & Innovation** - Proprietary systems: **RoSoft, Aiwasun, smart monitoring platforms, brine concentrators, pyrolysis units, and incineration systems**. - Focus on **AI and digital automation** to optimize plant efficiency and predictive maintenance. - R&D investments supported by stable BOOT revenues and reinvestment strategy. - Developing **green hydrogen** capabilities – positioning as a future-ready clean energy player. --- ### **ESG & Sustainability Framework** - Embedded **ESG principles** across operations. - Core mission: **Zero liquid discharge, zero waste, and circular economy**. - Supports clients in achieving **regulatory compliance**, particularly in high-pollution zones. - Emphasis on **eco-friendly practices**, renewable energy integration, and low-carbon waste processing. --- ### **Leadership & Vision** Led by **Ritesh Patel**, a seasoned environmental technologist with over 20 years of experience, Felix Industries has pursued a vision of **regenerative engineering**—transforming environmental liabilities into economic assets. Under his leadership: - Subsidiaries have been strategically established to target niche markets. - Expansion into Oman and clean tech innovations (e.g., green hydrogen) has been accelerated. - Innovation, sustainability, and ESG are central to all operational decisions. --- ### **Strategic Initiatives & Future Roadmap** - **Expansion into new verticals**: - Plastic recycling (via acquisition, not greenfield) - Waste-to-energy (175 kW unit in development) - Advanced material recovery and renewable energy integration - **Entry into high-impact sectors**: Chemicals, defense, clean energy - **Global footprint growth**: Leveraging Oman base for Gulf market penetration - **Digital transformation**: AI-driven plant operations and remote monitoring - **Sustainable margin expansion** through technology differentiation and operational excellence ---