Fiem Industries Ltd.
Snapshot View

800.70 -14.15 ▼-1.7%

05 August 2021, 04:00:00 P.M.
Volume: 3,854

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Auto Ancillary Compare with Industry peers
Website http://www.fiemindustries.com
Financial Indicators
Market Cap 1,072.33 Cr.
Earnings per share (EPS) 35.48 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 22.97 Trailing Twelve Months Ending 2021-03
Industry PE 81.86 Trailing Twelve Months Ending 2021-03
Book Value / Share 432.64 Trailing Twelve Months Ending 2021-03
Price to Book Value 1.88 Calculated using Price: 814.85
Dividend Yield 1.96 Period Ending 2020-03
No. of Shares Subscribed 1.32 Cr. 13,159,830 Shares
FaceValue 10
Company Profile

The company was originally incorporated in India as Rahul Auto Private Limited on February 6, 1989 in New Delhi under the Companies Act, 1956. The company is promoted by J.K. Jain, its Chairman and Managing Director. The Company is one of the leading manufacturers of automotive lighting & signaling equipments and rear view mirrors.

They set up their unit at HSIDC Industrial Estate, Kundli, Sonepat (Haryana) for carrying on the business of manufacturing rear view mirrors for two, three and four wheelers. They changed the name of their company to FIEM Industries Private Limited w.e.f. May 7, 1992. Subsequently, the company was converted into a public company with effect from November 30, 1993 pursuant to which, the name of their company was changed to FIEM Industries Limited. During the year 1993-94, they added additional facilities for manufacturing of automotive lighting and signaling equipments such as head lamp, tail lamp, side indicator, reflex Reflector, fog lamp, etc. With a view to expand their business, they shifted all their manufacturing during the year 1993-94 to the plant situated at 32 Mile Stone, G.T. Road, Kundli, Sonepat, (Haryana) (Unit 1) having full fledged testing laboratory for manufacturing automotive lamps & rear view mirrors conforming to International Standards viz, JIS, ADR, DOT, ECE, SAE and Indian Standards viz.,   AIS and BIS in the year 1996, the company set-up a Joint Venture Company under the name and style of FIEM Sung San (India) Limited in association with Sung San Co. Limited, Korea and Daewoo Motors India Limited. Subsequently, FIEM Sung San ( India ) Limited became our subsidiary w.e.f September 30, 2005 pursuant to the acquisition of 32,50,000 Equity Shares of Rs.10 each. 

They further expanded their capacities with the setting-up of their Unit II in the year 2003-04 at Tamil Nadu for manufacturing head lamps, tail lamps, / rear combination lamps, side indicator lamps, reflex reflectors and rear view mirrors. They set up their Unit III in the year 2004-05 at Kelamanglam, Tamil Nadu for manufacturing sheet metal items viz., frame, mudguards, stands, guard exhaust pipe. In the same year they set up Unit IV at Mysore Taluk, Karnataka for manufacturing value added products such as assembly of rear fender for two wheelers. They are presently conducting trail runs at their Export Unit (Unit V) at Kelamangalam, Tamil, Nadu for manufacturing mirror plates, mirror assembly, head lamps, tail lamps, and side indicators.They are also in the process of setting up of Unit VI at Nalagarh, Himachal Pradesh which shall engage in the manufacture of head lamps, tail lamps, side indicator lamps, rear fender, reflex reflectors and rear view mirrors primarily for the four wheeler segment. 

The company is supplying its products to almost all major OEMs in the domestic market as well as few global OEMs. Besides some global Tier I automotive lamp manufacturers.The list includes, Punjab Tractors Ltd, Hyundai Motors India Ltd, Tata Motors Ltd, Inter-national Tractors Ltd, SwarajMazda Ltd, Ashok Leyland Ltd, Force Motors Ltd etc.

Products of the company include:

  • TWO WHEELERS - lighting & signaling equipments and rear view mirrors.
  • FOUR WHEELERS - lighting & signaling equipments and rear view mirrors.
  • AUXILLARY LAMPS
  • WARNING TRIANGLES  
  • REFLEX REFLECTORS
  • LED LAMPS

Awards & Achievements:

  • The company was accredited with ISO-9002 in the year 1997 by BVQI, London . 
  • In the year 1999, their Unit Sonepat Haryana was accredited with ISO 9001: 2000 & ISO 9002 : 1994 and the quality system requirements certification QS 9000 : 1998 by Underwriters Laboratories Inc. (UL), USA for the manufacture of automotive lighting & signaling equipments and rear view mirrors.
  •  In the year 2004, their Unit I at Sonepat, Haryana was accredited with ISO/TS 16949 : 2002 by UL, USA.
  •  In the year 2005, their Unit II at Hosur , Tamil Nadu was accredited with ISO/TS 16949 : 2002 by UL, USA.
  •  In the same year, their Unit I at Sonepat, Haryana was accredited with ISO 14001-2004 by UL , USA.
  •  Prior to this in the year 2002, their unit I at Sonepat, Haryana also received the 'Confirmity of production' form RDW, Netherlands for e-marked products.
  • The Company was awarded Bhartiya shiromani Puruskar by the Institute of Economic Studies (IES), New Delhi in the year 2005. 
  • In 2007 Company has received QCDDM (Quality, Cost, Delivery, Development and Management) Award from its esteemed customer M/s Honda Motorcycle & Scooter India Pvt. Limited for 4th Consecutive year.

Recent developments

Fiem Industries has inked an Memorandum of Understanding (MoU) with Japan based Ichikoh Industries in May 2009. Ichikoh Industries is one of the world's renowned manufacturers in the field of automotive lighting and rear view mirrors. As per the MoU, Ichikoh would have equity participation in Fiem and extend technical assistance for development and manufacturing of automotive lightings and rear view mirrors for various car manufacturers in India.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-1.74%
1 Week
+0.66%
1 Month
+2.13%
3 Month
+41.37%
6 Month
+28.98%
1 Year
+80.34%
2 Year
+113.81%
5 Year
-18.53%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 17.54 19.53 22.11 21.43 24.25 9.90 12.24 12.23 15.70
Return on Capital Employed (%) 19.12 18.02 22.79 23.05 26.07 13.34 16.79 17.36 16.39
Return on Assets (%) 5.45 6.51 8.39 8.88 9.88 4.34 5.83 5.97 8.36

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 144 168 197 227 273 410 449 477 525
Non Curr. Liab. 117 103 87 81 129 157 136 152 126
Curr. Liab. 157 162 172 193 256 302 350 334 269
Minority Int.
Equity & Liab. 418 433 455 501 659 870 935 963 920
Non Curr. Assets 290 302 319 347 448 515 586 626 636
Curr. Assets 128 131 136 154 211 354 350 337 285
Misc. Exp. not W/O
Total Assets 418 433 455 501 659 870 935 963 920

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 535 606 720 825 988 1,015 1,240 1,449 1,380
Other Income 0 1 1 1 1 5 5 1 2
Total Income 535 607 721 826 989 1,019 1,244 1,450 1,382
Total Expenditure -467 -537 -632 -723 -861 -897 -1,099 -1,292 -1,223
PBIDT 68 71 89 104 128 122 145 158 159
Interest -21 -13 -14 -12 -16 -23 -23 -22 -18
Depreciation -17 -18 -22 -31 -33 -39 -44 -49 -53
Taxation -9 -12 -16 -18 -22 -13 -29 -30 -8
Exceptional Items -14 3 -1
PAT 21 28 37 42 57 33 53 57 79

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 49 71 77 82 122 46 125 121 207
Cash Fr. Inv. -54 -28 -41 -59 -108 -198 -44 -80 -47
Cash Fr. Finan. 6 -47 -36 -22 -13 173 -102 -38 -118
Net Change 1 -4 0 1 1 21 -21 2 42
Cash & Cash Eqvt 5 2 2 3 5 23 2 4 47

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 66.54 66.56 66.56 66.56 66.56 66.56 66.56 66.56 66.56
Public 33.46 33.44 33.44 33.44 33.44 33.44 33.44 33.44 33.44
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 04 Aug 2021
Board Meeting Intimation for Financial Results For Quarter Ended On June 30 2021.
FIEM INDUSTRIES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2021 inter alia to consider and approve Standalone and Consolidated Un-audited Financial Results of the Company for the Quarter ended on June 30 2021.
Mon, 26 Jul 2021
Related Party Transactions For Half Year Ended March 31 2021
Related Party Transactions for Half Year ended March 31 2021
Thu, 08 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
01394
Name of the Signatory :- Arvind K Chauhan
Designation :- Company Secretary and Compliance Officer

Technical Scans View Details

Wed, 04 Aug 2021
Higher Delivery Quantity Higher Delivery Quantity
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity
Opening at Low Opening at Low
Closing Below Previous Low Closing Below Previous Low

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