| The Company was originally incorporated as ?Felix Industries Private Limited? on September 18, 2012 under the Companies Act, 1956 vide certificate of incorporation issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli. the Company was subsequently converted in to a public limited company and consequently the name was changed to ?Felix Industries Limited? (FIL) vide fresh certificate of incorporation dated April 24, 2017 issued by Registrar of Companies, Ahmedabad, Gujarat.
The Promoters of the company are Mr. Ritesh Vinay Patel & Mr. Sagar Samir Shah with an aim of running a Waste-Water and E-waste recycling business started these divisions as a part of business growth.
Established in 2012, Felix Industries Ltd is an Environmental Conservation Company with a fundamental vision of ?Recycle-Reuse-Recover-Reduce?. The company is based out of Ahmedabad, Gujarat and spear headed by Mr. Ritesh Viany Patel, a Chemical Engineer with an experience of close to six years and Mr. Sagar Samir Shah who holds Masters Qualification in Environmental Biotechnology and Sustainable Waste Management with an experience of three years. With a journey of over five years the company has forayed into different business segments i.e. Water and Waste Water Recycling, Industrial Piping, Nano Products (Membrane Technologies) and E-waste Recycling.
The company through its Water and Waste Water Recycling division has been engaged into designing, engineering, procurement and construction of effluent recycling and reuse plants where their major areas of focus and expertise are:-
1. Water & Waste Water Recycling systems and other allied services
2. Advanced Membrane Separation Systems
3. Zero Liquid Discharge Systems
4. Product Recovery from Effluent Waste
5. Ultra Pure water for Food and Pharmaceutical Industries
6. Raw Water Reverse Osmosis Plant
Felix through its water treatment division provides its services to industries such as steel, chemical, pharmaceutical, plastic, paper & pulp, leather, automotive, textile & dyes, food and dairy etc. The company also provides complete water and waste water solutions using Membrane Separation Technology including pretreatment and post-treatment.
The company has entered into a Technical Collaboration with GEA Engineering & Environment Consultants Inc., a New York based water treatment company which has the required expertise in designing systems using Membrane and have been operating since more than two decades with a global presence. It is a multi disciplined international water and waste water firm specializing in the planning, designing and construction of industrial water and wastewater facilities including water treatment plants, as well as water reclamation and desalination systems using Membrane Technologies using reverse osmosis. Further with the focus on serving the private industry, GEA is providing cost effective systems using latest technology for waste water treatment and water purification.
Felix Industries with the support of GEA Engineering will spearhead the domain of industrial waste water treatment and recycling, water processing municipal water treatment and allied services for conservation of the environment.
The company during FY12, was appointed as an authorized distributor and marketing associate of Astral Poly Technik Ltd for its industrial piping sales. Further during same year it also entered into a tie-up with an MNC name The Aliaxis Group to market and distributes their Thermoplastic products with the exclusivity of distributing the products in entire state of Gujarat. Through this division, the company provides a range of thermo-plastic pipes, fittings & valves and also provides end-to-end service right from selection of pipes to design, supply and installation.
Felix is a government approved e-waste recycling company with a processing capacity of 6000 MT per year andit also has one of the largest recycling capacities in India. The E-Waste collected from pan India is processed at the company`s plant located at Electronic Estate, Gandhinagar where activities like e-waste collection, storage, dismantling and segregation takes place. The premises are well equipped with all the necessary facilities and follow all the safety procedures required for a good working environment along with a dedicated team of experts to identify process and re-use E-waste. The purpose behind starting this division was to take care of the growing menace of electric and electronic waste and will help reduce their environmental effects.
The promoters, Mr. Ritesh Vinay Patel and Mr. Sagar Samir Shah have the required experience of the said industry of around six and three years respectively, through which they have been taking right steps towards the direction of developing the waste-water and e-waste recycling business in a more organized manner thereby expanding their horizon to various industries and geographies across the world. For further information on The business,
The revenue as on October 31, 2017 is Rs. 345.35 Lakhs. Further, the Revenues have grown from Rs. 315.12 Lakhs in fiscal 2016 to Rs. 517.25 Lakhs in fiscal 2017. the net profit after tax as on October 31, 2017 is Rs. 23.3 Lakhs. Further, the net profit after tax was Rs. 11 Lakhs in fiscal 2016 and Rs. 17.20 Lakhs in fiscal 2017. For further details pertaining to the financ
2023
-Acquisition of 51% Stake in Rivita Solutions Private Limited (Joint Venture Company).
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