Fiem Industries Limited – Investor Presentation Summary
Key Operational Highlights
- Company operates nine manufacturing facilities across India: Unit 1 Kundli, Unit 2 Hosur, Unit 3 Hosur, Unit 4 Mysore, Unit 5 Hosur, Unit 6 Nalagarh, Unit 7 Rai, Unit 8 Tapukara, Unit 9 Ahmedabad
- Manufacturing capabilities include automotive lighting, rear view mirrors, plastic moulded parts, sheet metal parts, canister, and bank angle sensor
- Company has first mover advantage in 2W EV segment and working with all major EV OEMs in India
- Key drivers include in-house R&D, designing and testing capabilities with shortest development time
Segment-wise Performance
- Automotive Segment represents 97.15% of FY26 revenue
- Within Automotive Segment: 2 Wheeler/4 Wheeler lighting and components
- LED Segment includes LED Luminaires for indoor/outdoor applications and Integrated Passenger Information System with LED Display (IPIS)
Financial Highlights
Standalone Performance H1FY27:
- Revenue: ₹17,017 mn
- EBITDA: ₹2,351 mn
- PAT: ₹1,494 mn
- EPS: ₹56.75
- EBITDA Margin: 13.82%
- PAT Margin: 8.78%
Five-Year Standalone Performance (FY21-FY26):
- Net Sales growth from ₹12,075 mn to ₹27,906 mn at 5-year CAGR of 18.24%
- EBITDA growth from ₹1,338 mn to ₹3,933 mn at 5-year CAGR of 24.07%
- FY26 EBITDA Margin: 14.09%
- FY26 PAT Margin: 9.10%
Geographical Revenue Split
- Domestic vs Export: Not specified in exact figures
- Exporting to Honda Japan, Harley Davidson (USA & Thailand), Kubota Japan, and other OEMs in Austria, UK, Germany, Thailand, Indonesia & Vietnam
Balance Sheet Snapshot
Standalone as of September 30, 2026:
- Total Assets: ₹18,742 mn
- Property, Plant and Equipment: ₹5,542 mn
- Right of Use Assets: ₹652 mn
- Capital Work-in-Progress: ₹442 mn
- Inventories: ₹3,426 mn
- Trade Receivables: ₹5,325 mn
- Cash and Cash Equivalents: ₹1,634 mn
- Total Equity: ₹12,527 mn
- Equity Share Capital: ₹263 mn
- Other Equity: ₹12,264 mn
- Trade Payables: ₹3,892 mn
Capex & Cash Flow Health
- Capital Expenditure: Not specified in exact figures
- Company has ongoing capital work-in-progress of ₹442 mn as of September 30, 2026
- Strong cash position with ₹1,634 mn cash and cash equivalents
Strategic & R&D Initiatives
- Three world-class R&D/Design Centers located in India, Italy, and Japan
- Government of India approved R&D Centre with NABL Accredited Photometry Laboratory
- Advanced EMI/EMC Validation Facilities at Gurugram
- New R&D Electronics Laboratory, Innovation Centre & Corporate Office at Gurugram established in 2025
- In-house design and development capabilities for Railway IPIS and four-wheeler LED systems
- Technical collaborations with Ichikoh Industries Japan, Aisan Industry Co. Japan, Toyota Tsusho, and TOYODENSO Japan
Industry Trends & Business Environment
- 2W EV segment growing exponentially representing big opportunity
- Company positioned with competitive advantage due to in-house capabilities
- Diversified product portfolio with LED lighting solutions, rear view mirrors and plastic parts
Management Commentary & Growth Outlook
- Company founded in 1989 by Mr. J.K. Jain, first-generation entrepreneur in automotive lighting since 1970s
- Leadership transition effective June 01, 2026: Mr. J.K. Jain as Executive Chairman, Mr. Rahul Jain as Managing Director, Ms. Aanchal Jain as Joint Managing Director
- Strategic focus on innovation, self-reliance, and technological excellence
- Strong client base of more than 50 OEMs including TVS, Honda, Yamaha, Suzuki, Royal Enfield, Harley Davidson, Hero Motocorp, Piaggio, Tata Motors, Mahindra & Mahindra