Felix Industries bags ₹7.58 crore order for 1 MLD water treatment project

Team Finance Saathi

    03/May/2025

What's covered under the Article:

  1. Felix Industries won a ₹7.58 crore EPC contract for a 1 MLD water treatment plant from Accent Microcell Ltd.

  2. The project involves SITC of mechanical equipment and will be completed within three months.

  3. The contract is domestic and not a related party transaction, affirming independent commercial terms.

Felix Industries Limited, a prominent player in the wastewater and water treatment sector, has announced a significant contract win that strengthens its position in the Indian environmental infrastructure market. The company has secured a new Engineering, Procurement, and Commissioning (EPC) contract from Accent Microcell Limited for setting up a 1,000 KLD (1 MLD) Water Treatment Plant (WTP) system.

Order Details and Scope

The contract, valued at ₹7,58,26,800 (inclusive of GST), entails the Supply, Installation, Testing, and Commissioning (SITC) of mechanical equipment necessary for the smooth functioning of the water treatment plant. The entire project will be executed on an EPC basis, ensuring that Felix Industries will be responsible for delivering the project from concept to commissioning.

This is not just another supply deal; the project includes critical infrastructure planning, on-site installation, and mechanical commissioning that will ensure the water treatment system meets performance and regulatory requirements.

Timelines and Execution Commitment

The entire order is slated for execution within three months, showcasing Felix Industries’ agility and project management efficiency. Given the technical and regulatory complexities involved in water treatment projects, the ability to complete such a project in a short time frame is a testament to the company’s engineering prowess and operational discipline.

No Promoter Interest or Related Party Involvement

In a disclosure to the stock exchanges, Felix Industries has confirmed that there is no promoter or group company interest in Accent Microcell Limited, the entity awarding the order. Moreover, the contract does not fall under related party transactions, reinforcing that this is a fair and arm’s length deal, thereby eliminating any concerns over governance or compliance.

This transparency is particularly critical in maintaining investor trust and signals the company’s strong corporate ethics and governance standards.


Significance of the Project

This order marks another milestone in Felix Industries’ journey to becoming a leading turnkey solutions provider in the water treatment sector. With increasing industrialization and rising awareness about water conservation, the demand for such plants is expected to grow exponentially across India.

A 1 MLD capacity indicates the plant will treat 1 million litres of water per day, which is a substantial volume, potentially catering to medium-sized industrial or municipal setups.

This move aligns with the Indian government’s and environmental bodies’ initiatives towards sustainable development, reuse of treated water, and reducing water footprint in industrial operations.


Company Profile: Felix Industries Limited

Felix Industries Limited specializes in water and wastewater treatment solutions, and has a strong portfolio in zero liquid discharge (ZLD) systems, sewage treatment plants (STPs), effluent treatment plants (ETPs), and recycling technologies. The company has a strong R&D focus and offers both standard and custom-built solutions for industrial and municipal clients.

Over the years, it has carved a niche for itself by delivering high-performance water infrastructure projects under strict environmental norms and timelines. This latest contract is a continuation of that legacy.


About Accent Microcell Limited

Accent Microcell Limited is known for its manufacturing operations, particularly in microcrystalline cellulose (MCC), which is widely used in the pharmaceutical and food industries. Water is a crucial input in many stages of MCC production, and setting up a dedicated water treatment plant is essential for quality control, sustainability, and compliance.

By choosing Felix Industries, Accent Microcell has entrusted the execution to a veteran in the field, ensuring project quality and operational reliability.


Boost for Water Sector and Green Infrastructure

India’s water infrastructure development is gaining momentum as industries and municipalities seek solutions that meet environmental standards and efficiency goals. Projects like these play a pivotal role in achieving Sustainable Development Goals (SDGs), particularly those related to clean water and sanitation.

With Felix Industries participating in such critical infrastructure growth, it strengthens the company’s long-term visibility and potential pipeline of future orders.


Market Impact and Investor Perspective

This order is likely to positively impact Felix Industries’ financials in the upcoming quarters, given the immediate revenue recognition from an EPC model with a tight execution timeline.

For investors, this development reflects:

  • Robust demand for Felix’s water treatment solutions

  • The company’s operational readiness

  • Its ability to win competitive contracts independently

These are positive signs for future stock performance, especially as environmental solutions gain prominence in India’s infrastructure roadmap.


Conclusion

The ₹7.58 crore EPC contract from Accent Microcell Limited is more than just another business win for Felix Industries. It reinforces the company’s credibility, execution capabilities, and leadership in the growing environmental services sector. With a short execution window and clear contract terms, this project sets the stage for continued growth and industry leadership for Felix Industries.

As India accelerates its push towards cleaner, sustainable infrastructure, players like Felix Industries are poised to benefit from both policy tailwinds and market demand, making this announcement a critical development in the company’s journey.

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