Fiem Industries Ltd

Fiem Industries Ltd

₹ 2,236 -2.69%
10 Jun 3:14 p.m.
About

Fiem Industries Ltd was originally incorporated in India as Rahul Auto Private Limited on February 6, 1989, in New Delhi and was founded by Mr. J.K. Jain. It is engaged in the business manufacturing and supply of auto components like automotive lighting. [1]

Key Points

Market Leader
Co. enjoys a significant market share for supply of automotive lighting & signaling equipment and rearview mirrors to Two-wheeler and Four-wheeler OEMs[1] In FY19, they had 27-30% market share of the total 2 Wheeler headlamp market in India. [2], which increased to 30%+ in FY22[3]

  • Market Cap 5,891 Cr.
  • Current Price 2,236
  • High / Low 2,555 / 1,794
  • Stock P/E 23.2
  • Book Value 460
  • Dividend Yield 1.78 %
  • ROCE 29.3 %
  • ROE 22.6 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 38.8% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 37.3%

Cons

  • Debtor days have increased from 40.6 to 50.4 days.
  • Promoter holding has decreased over last 3 years: -12.0%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
436 475 509 487 557 578 612 593 639 658 715 690 751
376 413 442 422 482 499 532 515 555 571 616 592 642
Operating Profit 60 62 66 64 75 79 80 78 84 87 99 98 109
OPM % 14% 13% 13% 13% 14% 14% 13% 13% 13% 13% 14% 14% 15%
5 4 4 5 4 3 4 4 9 6 6 5 4
Interest 2 2 0 0 0 0 0 0 0 0 0 0 2
Depreciation 16 14 13 14 16 15 16 16 17 17 19 18 18
Profit before tax 47 49 57 55 62 67 68 65 76 76 85 84 94
Tax % 19% 26% 26% 26% 24% 26% 26% 27% 24% 26% 25% 25% 25%
38 36 42 40 47 49 50 47 58 56 64 63 71
EPS in Rs 14.47 13.86 15.94 15.32 17.93 18.69 18.93 18.02 21.92 21.30 24.23 24.11 26.82
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
823 985 1,014 1,238 1,444 1,377 1,221 1,572 1,848 2,028 2,422 2,814
721 858 897 1,098 1,289 1,220 1,087 1,379 1,600 1,760 2,101 2,421
Operating Profit 103 127 117 141 155 157 134 193 248 268 321 393
OPM % 12% 13% 12% 11% 11% 11% 11% 12% 13% 13% 13% 14%
1 1 -9 8 1 1 0 3 11 16 20 21
Interest 12 16 23 23 22 18 12 9 7 3 2 3
Depreciation 31 33 39 44 49 53 57 59 63 58 64 72
Profit before tax 61 79 45 82 85 87 65 129 188 223 275 339
Tax % 30% 28% 28% 36% 35% 9% 28% 26% 26% 26% 26% 25%
42 57 33 53 55 79 47 95 140 166 204 254
EPS in Rs 17.68 23.92 12.48 19.98 21.10 30.01 17.92 36.22 53.09 63.01 77.56 96.46
Dividend Payout % 20% 17% 32% 23% 28% 22% 45% 28% 28% 32% 39% 41%
Compounded Sales Growth
10 Years: 11%
5 Years: 18%
3 Years: 15%
TTM: 16%
Compounded Profit Growth
10 Years: 16%
5 Years: 39%
3 Years: 22%
TTM: 26%
Stock Price CAGR
10 Years: 19%
5 Years: 47%
3 Years: 36%
1 Year: 21%
Return on Equity
10 Years: 17%
5 Years: 20%
3 Years: 21%
Last Year: 23%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 12 12 13 13 13 13 13 13 13 26 26 26
Reserves 215 261 397 436 463 516 560 634 746 859 1,009 1,183
117 140 225 159 171 127 77 46 24 23 22 66
157 245 234 327 314 268 275 361 267 305 361 419
Total Liabilities 501 658 869 935 962 923 926 1,054 1,050 1,214 1,418 1,695
334 416 479 554 564 590 546 507 493 495 552 603
CWIP 5 12 6 7 11 0 3 1 5 5 20 15
Investments 0 1 87 20 28 29 29 86 5 5 4 4
162 230 298 354 358 304 348 460 547 709 841 1,072
Total Assets 501 658 869 935 962 923 926 1,054 1,050 1,214 1,418 1,695

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
82 122 46 124 119 209 136 93 131 135 232 162
-59 -108 -198 -45 -81 -47 -15 -74 37 -68 -85 -97
-22 -13 173 -102 -38 -118 -57 -61 -55 -43 -55 -84
Net Cash Flow 2 0 22 -22 0 44 63 -42 113 24 92 -19
Free Cash Flow 24 13 -70 9 45 163 116 74 76 52 131 34
CFO/OP 94% 111% 52% 100% 89% 145% 115% 66% 78% 72% 94% 65%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 38 44 43 42 37 20 24 41 28 35 37 50
Inventory Days 38 42 64 69 60 56 57 68 57 60 57 57
Days Payable 65 96 94 109 77 73 83 97 53 56 56 62
Cash Conversion Cycle 11 -10 13 3 20 4 -3 12 31 39 37 46
Working Capital Days -19 -18 -21 -7 -0 -9 -15 9 23 37 29 47
ROCE % 22% 25% 16% 16% 17% 16% 12% 20% 26% 27% 28% 29%

Insights

In beta
Feb 2017 Mar 2019 Dec 2020 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Working Capital Days
Days

Log in to view insights

Please log in to see hidden values.

Login
Revenue Mix - 2 Wheeler vs 4 Wheeler
%
Client Base (OEMs)
Count
Number of Injection Moulding Machines
Units
R&D Personnel
Count
Revenue Mix - Automotive LED Lighting
%
Market Share - HMSI Rear View Mirror
%
Market Share - TVS DRL and License Lamp
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
66.56% 66.56% 66.56% 66.56% 58.96% 58.96% 58.96% 58.96% 58.96% 54.51% 54.51% 54.51%
3.94% 2.90% 2.32% 1.99% 3.41% 3.70% 3.22% 2.99% 4.68% 7.19% 6.93% 6.86%
0.81% 0.86% 0.80% 1.65% 3.18% 5.77% 6.04% 7.05% 8.51% 10.05% 10.87% 11.40%
28.68% 29.68% 30.30% 29.78% 34.45% 31.56% 31.77% 30.98% 27.83% 28.23% 27.68% 27.22%
No. of Shareholders 42,17047,96650,28763,85366,47869,66072,85872,09567,89171,85075,78673,826

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls