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Fiem Industries Limited

Fiem Industries Limited

FIEMIND.NS
Fiem Industries LimitedIN flagNational Stock Exchange of India
2,208.80
INR
+28.10
- -
58.13BMarket Cap
Fiem Industries Limited
FIEMIND.NS
(National Stock Exchange of India)

Recent

price

2,208.80

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
178.28
222.35
253.47
301.14
342.8
409.23
399.08
467.32
546.73
520.03
458.83
591.84
696.82
765.69
913.93
- -
1,060.87
Revenue per Share
4.62
8.84
11.59
15.58
17.75
23.96
13.12
19.97
21.14
28.33
17.74
35.78
53.13
62.96
77.86
- -
97.11
Basic EPS, GAAP
-28.16
-2.51
17.93
12.16
9.66
50.96
18.09
47.37
14.13
60.45
44.07
27.72
28.77
19.22
39.32
- -
- -
Free Cash Flow per Basic Share
1.25
1.25
1.5
2
3
6
1.42
4
8.5
7
1.5
8
10
15
20
- -
- -
Dividend per Share
5
30.68
38.78
49.28
60.24
76.98
85.32
94.71
103.16
118.34
133.19
157.07
196.83
243.19
292.83
- -
10
Book Value per Share
52.41
59.7
69.8
81.76
94.68
105.43
162.47
169.78
179.55
197.63
215.07
243.49
288.52
336.06
393.23
- -
460.28
Tangible Book Value per Share
24
24
24
24
24
24
25
26
26
26
26
26
26
26
26
- -
26
Basic Weighted Avg Shares
4,265
5,320
6,064
7,205
8,201
9,790
10,057
12,300
14,390
13,687
12,076
15,577
18,340
20,153
24,054
27,921
27,921
Sales/Revenue/Turnover
5.86
9.55
8.58
9.25
8.83
9.66
6.41
7.77
7.54
7.65
7.2
8.7
10.04
10.27
10.72
11.58
11.58
Operating Margin (%)
130
169
183
218
307
331
392
443
489
532
572
590
634
587
643
725
725
Depreciation Expense
111
211
277
373
425
573
331
526
556
746
467
942
1,398
1,657
2,049
2,556
2,556
Net Income, GAAP
28.25
30.27
29.56
29.42
30.23
27.76
27.6
35.56
34.9
9.4
27.77
26.1
25.84
25.66
25.81
25.14
25.14
Effective Tax Rate (%)
2.59
3.97
4.57
5.17
5.18
5.86
3.29
4.27
3.87
5.45
3.87
6.04
7.62
8.22
8.52
9.15
9.15
Profit Margin (%)
217
-288
-311
-352
-385
-413
520
-5
30
154
616
1,828
2,986
4,122
4,911
6,412
6,412
Working Capital
1,312
950
762
580
515
909
1,195
865
930
832
464
313
231
221
210
605
605
LT Debt
1,254
1,438
1,681
1,969
2,273
2,638
4,101
4,493
4,771
5,253
5,693
6,422
7,612
8,869
10,382
12,150
12,150
Total Equity
8.53
13.13
13.15
16.84
16.92
19.04
8.98
9.9
11.18
14.53
9.65
14.9
18.6
18.36
19.54
20.69
19.89
Return on Invested Capital (%)
17.09
20.03
13.46
23.34
23.26
24.55
12.84
15.74
16.38
20.54
12.66
22.44
28.98
27.86
28.31
58.25
286.74
Return on Capital (%)
92.49
49.52
33.36
35.39
32.42
34.93
16.56
22.64
21.37
25.58
14.11
24.65
30.02
28.62
29.05
64.14
971.08
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
12
- -
50
LT Borrowings
- -
- -
- -
LT Finance Leases
604
- -
605
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
26
- -
26
Market Capitalization
50,196
59,493
50,293

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
9,416
- -
10,398
Cash, Cash Equivalents & STI
3,274
- -
3,378
Accounts Receivable, Net
3,308
- -
3,875
Inventories
2,484
- -
2,668
Total Current Liabilities
3,955
- -
3,986
Payables & Accruals
- -
- -
- -
ST Debt
12
- -
50
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.16%
16.39%
17.03%
Free Cash Flow
31.02%
-6.26%
-69.37%
Net Income, GAAP
23.62%
43.41%
24.72%
Sales/Revenue/Turnover
11.74%
18.41%
16.08%
Total Cash Common Dividend
72.63%
118.33%
50%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,707
5,064
4,834
5,548
20,153
2025
5,736
6,075
5,901
6,342
24,054
2026
6,496
7,120
6,859
7,446
27,921

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
13.49
16.52
15.39
- -
62.96
2025
18.58
19.06
17.86
22.36
77.86
2026
21.85
24.19
24.08
26.99
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
15
2025
- -
- -
- -
- -
20
2026
- -
- -
- -
- -
- -
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Business
Fiem Industries Limited Fiem Industries Ltd (FIEMIND.NS) manufactures and supplies automotive lighting and signaling equipment, rearview mirrors, and related components primarily for two-wheeler and four-wheeler original equipment manufacturers in India. The company offers LED headlamps, tail lamps, winker and blinker lamps, rearview mirrors, canisters, bank angle sensors, fuel pump modules, sheet metal parts, plastic molded parts, and signaling equipment; it also produces LED luminaries including domestic, commercial, and industrial lights, LED panels, solar lanterns, flashlights, and integrated passenger information systems for railways, metro trains, buses, and taxis. Founded in 1989 as Rahul Auto Private Limited and headquartered in New Delhi, India, Fiem Industries operates nine state-of-the-art manufacturing plants across states including Haryana, Tamil Nadu, Karnataka, Himachal Pradesh, Rajasthan, and Gujarat, serving major OEMs such as Honda, TVS, Suzuki, Hero, Yamaha, Harley Davidson, Mahindra, Royal Enfield, and Ola. Recent developments include the issuance of bonus shares in a 1:1 ratio in 2024, approvals for LED number plates on Mahindra & Mahindra models marking entry into the four-wheeler market, development orders for three products from Force Motors, commencement of commercial production for Mahindra, significant investments in electronic design software, manufacturing facilities, and an EMC/EMI validation laboratory, and expansion of R&D capabilities through subsidiaries in Italy.