Fiem Industries Ltd

FIEM Industries Ltd is a manufacturer of automotive lighting & signaling equipments and rear view mirrors.

Pros:
Stock is trading at 0.99 times its book value
Stock is providing a good dividend yield of 3.34%.
Promoter's stake has increased
Company has been maintaining a healthy dividend payout of 27.69%
Cons:
Promoter's stake has decreased
Company has a low return on equity of 11.89% for last 3 years.

Peer Comparison Sector: Auto Ancillaries // Industry: Auto Ancillaries

Loading peers table ...

Quarterly Results Standalone Figures in Rs. Crores / View Consolidated

Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019
291 235 244 291 327 286 335 360 394 333 356 360
255 208 220 260 289 250 299 324 355 296 314 320
Operating Profit 36 26 24 31 38 36 36 36 40 37 42 40
OPM % 12% 11% 10% 11% 12% 13% 11% 10% 10% 11% 12% 11%
Other Income 0 2 -12 2 1 1 4 0 0 0 0 0
Interest 6 6 5 6 6 6 5 5 6 6 6 5
Depreciation 10 10 10 11 11 11 11 12 12 13 12 13
Profit before tax 20 12 -4 16 22 19 25 19 22 19 25 22
Tax % 31% 27% 55% 35% 34% 35% 38% 34% 33% 33% 38% 34%
Net Profit 14 9 -2 10 14 13 15 13 15 13 15 14
EPS in Rs 11.68 6.86 -1.34 7.84 10.72 9.41 11.62 9.59 11.12 9.61 11.75 10.91
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 TTM
176 217 293 421 533 601 717 823 985 1,014 1,238 1,444 1,444
154 198 266 383 465 531 628 721 858 897 1,100 1,289 1,285
Operating Profit 21 20 27 38 68 70 88 103 127 117 138 155 159
OPM % 12% 9% 9% 9% 13% 12% 12% 12% 13% 12% 11% 11% 11%
Other Income 3 1 1 0 0 0 1 1 1 -9 10 1 1
Interest 2 4 3 10 21 13 14 12 16 23 23 22 22
Depreciation 8 9 9 13 17 18 22 31 33 39 44 49 50
Profit before tax 14 8 16 16 30 39 53 61 79 45 82 85 88
Tax % 34% 40% 31% 27% 30% 30% 29% 30% 28% 28% 36% 35%
Net Profit 9 5 11 11 21 27 37 42 57 33 53 55 57
EPS in Rs 7.38 3.43 8.57 9.15 17.19 22.15 30.25 33.91 46.18 24.39 39.93 42.16 43.39
Dividend Payout % 32% 65% 28% 26% 17% 18% 19% 20% 17% 32% 23% 28%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:20.84%
5 Years:15.03%
3 Years:13.59%
TTM:10.36%
Compounded Profit Growth
10 Years:28.31%
5 Years:8.38%
3 Years:-1.02%
TTM:4.32%
Return on Equity
10 Years:14.81%
5 Years:14.51%
3 Years:11.89%
Last Year:11.97%

Balance Sheet Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
12 12 12 12 12 12 12 12 12 13 13 13
Reserves 102 84 98 114 132 156 185 215 261 397 436 463
Borrowings 48 49 54 131 163 134 119 117 140 225 159 171
45 82 89 99 112 131 139 158 250 234 335 319
Total Liabilities 207 228 253 356 419 434 456 503 663 869 943 967
139 137 154 231 282 293 313 334 416 479 554 564
CWIP 4 13 25 13 1 1 0 5 12 6 7 11
Investments 0 0 0 0 0 0 0 0 1 87 20 28
64 77 74 112 137 139 143 164 235 298 362 363
Total Assets 207 228 253 356 419 434 456 503 663 869 943 967

Cash Flows Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
8 23 38 16 52 71 77 82 122 46 124 119
-30 -14 -35 -78 -54 -28 -41 -59 -108 -198 -45 -81
11 -8 -4 63 6 -47 -36 -22 -13 173 -102 -38
Net Cash Flow -11 1 -0 0 4 -4 0 2 0 22 -22 0

Ratios Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
ROCE % 10% 8% 12% 12% 18% 17% 22% 22% 25% 16% 16% 17%
Debtor Days 50 55 38 40 46 42 39 38 44 43 42 37
Inventory Turnover 8.24 8.73 10.80 12.12 12.14 12.74 15.75 17.57 16.77 12.03 10.21 10.04