Fiem Industries Limited · NSE:FIEMIND
Fiem Industries — Q4 FY2021 Earnings Presentation
44 slides from Fiem Industries's earnings presentation, Jul 1, 2021
Slide 1: Fiem Industries filing letter to NSE for Q4/FY21 earnings call
Wy Ciem FIEM INDUSTRIES LIMITED ) (AN ISO / TS 16949 : 2009, ISO 14001, OHSAS 18001 : 2007 & ISO 9001 : 2008 CERTIFIED COMPANY (INDIA) LIGHT UP THE WORLD Unit-VII : Plot No. 1915, Rai Industrial Estate, Phase-V, Sonepat-131029 Haryana Tel. : +91-130-2367905/906/907/908/909/910 Fax : +91-130-2367903
Slide 2: Fiem Industries Ltd. – Investor Presentation
1 Fiem Industries Ltd. – Investor Presentation
Slide 3: Company Overview
• Fiem Industries Ltd. (FIEM) was founded and incorporated in 1989 by Mr. J.K. Jain. • The Company was listed on BSE and NSE in 2006. • FIEM is one of the leading manufacturers of Automotive Lighting & Signalling Equipment's and Rear View Overview Mirrors in India. FIEM is among first companies in I
Slide 4: FY21 Segment wise Sales Breakup
3 FY21 Revenue Breakup FY21 Revenue Breakup FY21 Revenue Breakup FY21 Segment wise Auto Segment - Product Auto Segment - Auto Segment - Sales Breakup Mix OEMs / Repl. Market / Exports 2 Wheeler / 4 Wheeler
Slide 5: Q4FY21 Segment wise Sales Breakup
Q4FY21 Revenue Breakup Q4FY21 Revenue Breakup Q4FY21 Revenue Breakup Q4FY21 Segment wise Auto Segment - Product Auto Segment - Auto Segment - Sales Breakup Mix OEMs / Repl. Market / Exports 2 Wheeler / 4 Wheeler
Slide 6: Company background and product portfolio
• The Company 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, who is a first generation entrepreneur and is in the automotive lighting business since 1970’s. • FIEM is one of the leading manufacturers of automotive
Slide 7: Mr. J. K. Jain, Chairman & Managing Director
Mr. J. K. Jain, Chairman & Managing Director • aged 68 years is the Chairman and Managing Director of our Company. As the Chairman and Managing Director of our Company, he is involved in mentoring the leadership team, advising on business strategies and in various aspects of the Company’s expansion
Slide 8: Whole-time Directors
Mr. Rahul Jain, Whole-time Director • aged 33 years, is a Whole-time Director of our Company. He has completed his Bachelor of Science and thereafter Management Studies from University of Bradford. He is involved in strategic affairs and corporate planning besides close interaction with customer for
Slide 9: Company milestones since 1989
2018 - 2019 • 2018 – Joint Venture with Aisan Industry Co. Ltd., Japan and Toyota Tsusho 2015-2017 India Pvt. Ltd. for •2015 – Starting receiving manufacture of Fuel Pump 2007-2013 Tenders from EESL for Module and IC Connector LED Bulbs and Street for Indian Market. •2007-Merged Fiem Sung Lights. •
Slide 10: Our Presence
/ ° OUR PRESENCE VAP een! Unit-l, Kundli (Sonepat, Haryana) Unit-ll, Hosur (Tamil Nadu) Unit-lll, Hosur (Tamil Nadu) Unit-IV, Mysore (Karnataka) . r. ee Unit-VI, Nalagarh (Himachal Pradesh) Corporate Office & Unit-Vil, Rai (Haryana) Unit-Vill, Tapukara (Rajasthan) Unit-IX, Ahmedabad (Gujarat) Tapuka
Slide 11: R&D Centre and capabilities
• FIEM’s state of the art R&D Centre offers its clients design and development capabilities in Automotive Lighting & Signalling Equipments and Rear View Mirrors which meet the specifications of the clients requirements. • Government of India, Ministry of Science and Technology, Department of Science
Slide 12: Automotive LED Lamp Journey
AUTOMOTIVE LED LAMP JOURNEY NW LIGHT UP THE WORLD LED Front Position Lamp > 2007) LED Tail Lamp -MC LED Tail Lamp -Trucks LED Endout Marker LED Side Marker LED RC se Trucks mee 2006 )) LED Tail Lamp -Trucks LED RC Kamp-Trucks LED-Cabin Lamp jas OH =) BL. DAIMLER LED Tail Lamp LED Parking Lamp LED Wo
Slide 13: Automotive LED Lamp Journey
AUTOMOTIVE LED LAMP JOURNEY WY LIGHT UP THE WORLD LED Fog Lamp LED Tail Lamp LED Reading Lamp LED parking Lamp EE®))) TVS = DAIMLER © ssuzu«i Mahindrarce © maruti suzuxt =———_ es LED Head Lamp é " = & LED Head Lamp LED Tail Lamp ae] Ge: awe => ae LED Position Lamp finker lamp be EF eee ->> IED) = —
Slide 14: Product Range
PRODUCT RANGE NY LIGHT UP THE WORLD
Slide 15: Product Range
PRODUCT RANGE WY LIGHT UP THE WORLD
Slide 16: Product Range
PRODUCT RANGE NY LIGHT UP THE WORLD
Slide 17: Product Range
PRODUCT RANGE NY | $SUZUKI LIGHT UP THE WORLD
Slide 18: Product Range
PRODUCT RANGE Nw LIGHT UP THE WORLD
Slide 19: Product Range
PRODUCT RANGE WY | HARLEY-DAVIDSON LIGHT UP THE WORLD
Slide 20: Product Range
PRODUCT RANGE w | rraccio LIGHT UP THE WORLD
Slide 21: Strong Client Base, Manufacturing Edge, Diversified Portfolio
Strong Client Base • FIEM has a strong client base of more than 50 OEMs and is supplying to its prestigious customers since their inception. • Significant market share for supply of automotive lighting & signalling equipment's and rear view mirrors to Two-wheeler and Four-wheeler OEM's • Exporting a
Slide 22: Global Award for Excellence in Technology and Development
Global Award for Excellence in Technology and Development from Yamaha Motor Co., Ltd. Japan-2019 In recognition of outstanding achievement in the development of advanced technology in 2018 development of the "World's Smallest Bi-Function Lighting Module for Two-wheelers' with PES Lens“.
Slide 23: Global Contribution Award, 2020
Global Contribution Award, 2020 from Yamaha Motor Co., Ltd. Japan “ In recognition of your outstanding achievement in the global business operations and positive reinforcement of competitiveness in 2019, thereby realizing MONOZUKURI procurement and significantly improving the production of our produ
Slide 24: Appreciation Award for Development and Shipping Control
23 Appreciation Award for Development and Shipping Control 2018 from India Yamaha Motor Pvt. Ltd.-2019
Slide 25: Performance Award (Cost Reduction) 2018-19
24 Performance Award (Cost Reduction) for year 2018-19 from Suzuki Motorcycle India Pvt. Ltd-2019
Slide 26: Award for Delivery Management 2019-20
25 Award for Delivery Management 2019-20 from Honda Motorcycle and Scooter India Pvt. Ltd.
Slide 27: Excellence in Quality & Delivery Award from Kubota
26 Excellence in Quality & Delivery Award from Kubota 2019-20
Slide 28: More than 50+ Awards Since 1991
MORE THAN 50+ AWARDS SINCE 1991
Slide 29: Automotive Lighting contribution
FIEM is one of the most renowned names in Automotive Lightings & Automotive Light Contribution (Rs. In mn) Signalling Equipments with the history of around four decades. The company is associated with some of the most prestigious OEM customers in India. • Automotive Lighting - In the automotive comp
Slide 30: Rear View Mirror contribution
• Rear-View Mirror – FIEM has four state-of-the-art mirror manufacturing Rear View Mirror Contribution (Rs. In mn) plants in its different units having all the processes in-house which includes: ▪ Mirror Plate Making - Profile cutting, Washing, Grinding, Convexing, Cleaning, Aluminium coating/Chrome
Slide 31: Plastic Moulded Parts contribution
• Plastic Moulded Parts – Plastic moulding is integral part of automotive Plastic Moulded Parts Contribution (Rs. In mn) lamps as well as rear view mirrors, as these parts are required to make final assembly of all the products. • FIEM has installed world class more than 450 latest injection mouldin
Slide 32: Others contribution
Others Automotive Segment Include items contributing less than 10% of Others Contribution (Rs. In mn) Total Sale, mainly includes Fabrication items, Canister, Bank Angle Sensor etc. • Sheet Metal Parts (fabrication Item) – FIEM has full fledged sheet metal fabrication facilities as well as Mudguard
Slide 33: Q4FY21 and Q3FY21 Top Clientele Contribution
Two wheeler segment (Domestic) Q4FY21 and Q3FY21 Top Clientele Contribution – Automotive Segment Two wheeler segment (Global Customers) Four wheeler segment (Domestic) Four wheeler segment (Global Customers)
Slide 34: FY21 and FY20 Top Clientele Contribution
Two wheeler segment (Domestic) FY21 and FY20 Top Clientele Contribution – Automotive Segment Two wheeler segment (Global Customers) Four wheeler segment (Domestic) Four wheeler segment (Global Customers)
Slide 35: LED Luminaires
LED LUMINAIRES NC ieen| LIGHT UP THE WORLD ZS _ » @ TUBE LIGHTS DOWN LIGHTS Y% 15-16102) etetas aioe (PART 1):2012 ‘on ii (g) iw | \ { MORE STARTS, MORE SAUNGS R-84001295 — BULBS PANEL LIGHTS Be’ | | J STREET LIGHTS FLOOD LIGHTS HI-BAY LIGHTS BOLLARDS SOLAR LANTERNS
Slide 36: LED Integrated Passenger Information System
• Integrated Passenger Information System with LED Display (IPIS or PIDS) is an LED Integrated Passenger Information System electronic information system which provides real-time passenger Railway information. • Passenger information delivered in relevant locations along the bus route is an importan
Slide 37: Consolidated Profit & Loss Statement
Particulars (INR Mn) FY16 FY17 FY18 FY19 FY20 FY21 Total Income* 9,891 10,193 12,443 14,499 13,812 12,243 Expenses 8,609 8,970 10,990 12,919 12,226 10873 EBITDA 1,282 1,223 1,453 1,580 1,586 1370 EBITDA Margin 12.96% 12% 11.68% 10.89% 11.48% 11.19% Exceptional Item – 142 (34) – (9) (32) Depreciation
Slide 38: Consolidated Balance Sheet
Particulars (INR Mn) 31.03.19 31.03.20 31/03/21 Particulars (INR Mn) 31.03.19 31.03.20 31.03.21 ASSETS EQUITY AND LIABILITIES I. NON CURRENT ASSETS A. EQUITY 5,633 5,500 5,101 Equity Share Capital 132 132 132 a) Property, Plant and Equipment Other Equity 4,639 5,121 5,562 b) Right of Use Assets – 35
Slide 39: Standalone Profit & Loss Statement
Particulars (INR Mn) FY16 FY17 FY18 FY19 FY20 FY21 Total Income* 9,880 10,188 12,429 14,449 13,787 12243 Expenses 8,600 8,967 10,977 12,888 12,203 10871 EBITDA 1,280 1,221 1,452 1,561 1,584 1372 EBITDA Margin 12.95% 11.98% 11.68% 10.80% 11.49% 11.21% Exceptional Item – 142 (34) – (9) (32) Depreciati
Slide 40: Standalone Balance Sheet
Particulars (INR Mn) 31.03.19 31.03.20 31.03.21 Particulars (INR Mn) 31.03.19 31.03.20 31.03.21 ASSETS EQUITY AND LIABILITIES I. NON CURRENT ASSETS A. EQUITY 5,631 5,497 5,098 Equity Share Capital 132 132 132 a) Property, Plant and Equipment – 355 339 Other Equity 4,635 5,158 5,602 b) Right of Use A
Slide 41: Revenue, EBITDA, PAT, Cash PAT
REVENUE (Rs. In mn) EBITDA (Rs. In mn) PAT (Rs. In mn) CASH PAT (Rs. In mn)
Slide 42: Gross Block, Long Term Loans, Capex, Debt/Equity
GROSS BLOCK (Rs. In mn) LONG TERM LOANS (Rs. In mn) CAPEX (Rs. In mn) GROSS DEBT/EQUITY
Slide 43: ROCE & ROE, Dividend per Share, Book Value
ROCE & ROE BOOK VALUE PER SHARE DIVIDEND PER SHARE WORKING CAPITAL DAYS
Slide 44: Disclaimer
This presentation is for general information purposes only, without regard to any specific objectives, financial situations or informational needs of any particular person. This presentation does not constitute an offer or invitation to purchase or subscribe for any securities of the Company in any