Fiem Industries Q1 FY27 Share Price & Earnings Call Analysis

₹1,716.60+3.14% today
Market cap
₹4,518 Cr
P/E
17.18
ROE
22.60%
PEG
0.77
Price to sales
1.54
Debt to equity
0.05
52W high / low
₹2,646 / ₹1,664
Sales growth (5Y)
18.18%
EBITDA margin
13.99%
Net profit margin
9.04%
Promoter holding
54.51%
Sales (last year)
₹2,932 Cr

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]

Guidance scorecard · Q1 FY27 call

What Fiem Industries Ltd's management guided
and where it ranks in Auto Components

#57of 66 in
Auto Components

RevenueQ1 FY27 call

10–20%
  • The company guides for a top-line growth of around 15% to 20% annually.
  • EBITDA margin guidance is around 14% for the full year.
  • Over the next 3 to 4 years, they expect to maintain this revenue growth trajectory in their core 2-wheeler business.
  • 4-wheeler segment revenue contribution is currently ~2.5% but expected to grow meaningfully from FY28 onwards.
  • EV adoption and increasing LED penetration (expected to rise from 63% to ~70% in next 24-30 months) will be key growth drivers.
  • Capacity expansions at Hosur and other plants are planned to support volume growth.
  • Delay in 4-wheeler business scaling to FY28 but long-term prospects remain positive.

2 more points from Fiem Industries Ltd's call on revenue

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Full Q1 FY27 analysis

MarginsQ1 FY27 call

Flat

See what Fiem Industries Ltd said on margins — free account, 30 seconds.

Full Q1 FY27 analysis

CapexQ1 FY27 call

Planned
  • Current year capex target is around INR 100 crores, similar to last year's INR 110 crores.
  • Majority of the capex is focused on expanding capacity at Hosur plants (Kelamangalam and Thally Road) to cater to growing demand, especially for EV lighting components.
  • Some capex is also allocated to the Tapukara plant.
  • Management is evaluating multiple organic and inorganic growth opportunities, including potential investments in 4-wheeler business and electronics segments.
  • They aim to judiciously deploy cash reserves (~INR 280 crores) for growth and may consider raising debt if large-scale investments or acquisitions arise.
  • The company will ensure capacity aligns with OEM demand, avoiding over-capacity.

2 more points from Fiem Industries Ltd's call on capex

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Full Q1 FY27 analysis

FundraisingQ1 FY27 call

See what Fiem Industries Ltd said on fundraising — free account, 30 seconds.

Full Q1 FY27 analysis

Order bookQ1 FY27 call

  • Fiem Industries mentioned an active and strong order book with over 100 models being developed or supplied to key 2-wheeler OEMs like Honda, Yamaha, Suzuki, and TVS.
  • The company is closely working with new model developments, especially with HMSI, aiming to maintain or increase wallet share.
  • For 4-wheeler business, several projects with Mahindra & Mahindra, Force Motors, and others are progressing, though new business has a longer lead time (3 years development cycle).
  • Order inflows for new technologies like LED lighting, Light Control Modules (LCM), and hands-off detection systems are in development or at approval/RFQ stage.

2 more points from Fiem Industries Ltd's call on the order book

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Full Q1 FY27 analysis

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Auto Components
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Auto Components companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Flat₹3,020 Cr47.8
240%+Flat₹1,998 Cr63.5
340%+Flat₹428 Cr17.5
420–40%Up 2%+₹25,721 Cr73.8
520–40%Up 2%+₹13,417 Cr40.5
620–40%Up 0–2%₹23,344 Cr37.6

Sign up free to see every company in the sector ranking and track Fiem Industries Ltd.

Pro shows every company guiding 40%+ revenue growth →Full Auto Components ranking

Financials of Fiem Industries Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Fiem Industries Ltd

Quarterly Results

Quarter-by-quarter operating performance

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales +442436475509487558578612593639659715690
Expenses +382376414441422483499532516554569616592
Operating Profit60606168657579817885899998
OPM %14%14%13%13%13%13%14%13%13%13%14%14%14%
Other Income +3544543449665
Interest2220000000000
Depreciation16161413151615161617171918
Profit before tax45474858556266686577788584
Tax %30%19%26%25%26%25%26%26%27%24%26%25%25%
Net Profit +32383643404649504759586463
EPS in Rs12.1414.4613.5016.5315.4017.5618.5819.0617.8622.3621.8524.1924.08

Financials of Fiem Industries Ltd

Profit & Loss

Annual income statement trend

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales +7198249871,0151,2401,4491,3791,2211,5721,8482,0292,4232,704
Expenses +6317218598971,0991,2921,2231,0871,3781,5991,7602,1002,332
Operating Profit88103127118141157157134194249269322372
OPM %12%12%13%12%11%11%11%11%12%13%13%13%14%
Other Income +111-98110311162025
Interest141216232322181297322
Depreciation22313339444953575963596471
Profit before tax5361794682878765129189223276324
Tax %29%30%28%28%36%35%9%28%26%26%26%26%
Net Profit +374257335356754794140166205243
EPS in Rs15.6017.7723.9912.5719.9821.1628.3517.7535.8053.1762.9677.8692.48
Dividend Payout %19%20%17%32%23%28%23%45%28%28%32%39%

Financials of Fiem Industries Ltd

Balance Sheet

Capital structure and asset base

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital12121213131313131313262626
Reserves1852152613974364645125566297488611,0121,054
Borrowings +119117140225159171127774624232262
Other Liabilities +139157246234327314269276361268308363425
Total Liabilities4555016598709359639209221,0491,0531,2181,4241,567
Fixed Assets +313334416479554564591547508494496553573
CWIP0512671103155209
Investments0008619252121770000
Other Assets +142162231298355362308351463554717850985
Total Assets4555016598709359639209221,0491,0531,2181,4241,567

Financials of Fiem Industries Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +77821224612512120713692131135233
Cash from Investing Activity +-41-59-108-198-44-80-46-15-7439-69-86
Cash from Financing Activity +-36-22-13173-102-38-118-57-61-55-43-55
Net Cash Flow01121-2124363-421152392
Free Cash Flow362313-70947160116737651132
CFO/OP100%94%111%52%100%89%145%115%66%78%73%94%

Financials of Fiem Industries Ltd

Ratios

Working capital efficiency and return ratios

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days393844434237202441283537
Inventory Days353842646960565768576057
Days Payable6565969410876738397535656
Cash Conversion Cycle911-10133204-312313937
Working Capital Days-19-19-18-21-6-0-9-159233729
ROCE %22%22%25%16%16%17%16%12%21%27%27%28%

Guidance history

How Fiem Industries Ltd's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q1 FY27 call →10–20%FlatPlanned——
Q4 FY26 call →10–20%FlatPlanned—Rising
Q3 FY26 call →10–20%FlatPlanned——
Q2 FY26 call →10–20%FlatPlanned—Rising

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

11out of 100

Momentum score · price trend

11 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−18.5%38%
Last 6 months−21.4%16%
Last 3 months−27.5%5%

The price is 35.1% below its all-time high of ₹2,645.9 (12 Aug 2026). Stocks more than 20% below their peak have their score halved, so 23 became 11.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Fiem Industries Ltd: 0.4 × 38 + 0.4 × 16 + 0.2 × 5 = 23, halved to 11 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

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