Working capital and debt increase
Management plans to raise debt by ~40 crores (10-15 crores India, 20-25 crores Oman) to fund growth, increasing leverage.
FELIX / Q4-FY26 / risks
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Felix Industries · Material risks, their source context, and severity in the latest available quarter.
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Material risks this quarter
medium
Geopolitical disruption in Oman
War in Middle East caused slowdown in Oman operations in Feb-March, impacting Q4 margins. Recovery is underway but risks remain.
Payment delays and liquidity crunch
Management acknowledged global liquidity challenges leading to delayed payments across the system, affecting working capital cycles.
Skilled manpower shortage
Skilled manpower is a big challenge for the country, impacting operations; management noted it as a concern.