Risk Intelligence
Execution risk on large EPC contract
View Risks →Felix Industries reported Q3 FY26 revenue of ₹65 crore for the 9-month period, with Q3 alone contributing ₹45 crore, driven by strong execution in EPC and Oman operations.
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Felix Industries reported Q3 FY26 revenue of ₹65 crore for the 9-month period, with Q3 alone contributing ₹45 crore, driven by strong execution in EPC and Oman operations. The company reiterated its FY27 revenue guidance of ₹180-200 crore, underpinned by a ₹45 crore Oman LNG contract (5-year open order), expanding oil processing capacity from 30 TPD to 100 TPD, and a plastic recycling acquisition targeting ₹7 crore monthly revenue. Management emphasized a shift toward high-margin O&M contracts (40-50% margins) and expects EBITDA margins of 25-30%. Key risks include execution dependency on a few large projects and potential delays in the plastic acquisition closure.
Execution risk on large EPC contract
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Read Transcript →Current capacity; targeting 60 TPD in 2 months and 100 TPD by FY27.
Current capacity; targeting 1,000 tons/month in 3 months for ₹7 crore monthly revenue.
5-year open order; expected to be completed within one financial year.
Total capital deployed in BOOT assets as of Q3 FY26.
Management expects FY27 revenue between ₹180-200 crore, comprising ₹50 crore India O&M, ₹60-75 crore Oman, ₹50 crore EPC, and ₹20 crore from plasti...
Q4 revenue jump depends on timely delivery of a large EPC contract; any delay could impact FY26 guidance.
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