Fiem Industries Limited · NSE:FIEMIND
Fiem Industries — FY2020 Earnings Presentation
40 slides from Fiem Industries's earnings presentation, Jul 2, 2020
Slide 1: Q4/FY20 Earnings Con-call Presentation cover letter
Re) i LIGHT UP THE WORLD eee eee Courtine Srv scope ame mo Tel. : +91-130-2367905/906/907/908/909/910 ITED Fax : +91-130-2369703 E-mail : fiemunit7@fiemindustries.com July 02, 2020 (through NEAPS) The Manager, Listing Department, National Stock Exchange of India Ltd. Exchange Plaza, Bandra Kurla Com
Slide 2: Investor Presentation June 2020
IK ANGLE SENSOR CANISTER FUEL PUMP June 2020 Fiem Industries Ltd. — Investor Presentation
Slide 3: 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 Equipments and Rear View Overview Mirrors in India. FIEM is among first companies in In
Slide 4: FY20 Revenue and Segment-wise Sales Breakup
Turnover (Net) Rs. in million FY20 Revenue Breakup FY20 Revenue Breakup FY20 Revenue Breakup FY20 Segment wise Auto Segment - Product Auto Segment - Auto Segment - Sales Breakup Mix Exports / OEMs / Repl. Market 4 Wheeler / 2 Wheeler
Slide 5: Company background and history
• 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 6: Chairman & Managing Director and Whole-time Directors
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 7: 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 8: Company milestones timeline
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 9: Plants & Depots Locations
PLANTS & DEPOTS LOCATIONS Y Gia iz Plants & Depots Across India Unit-Vl, Rai (Sonepat, Haryana) ees Unit, Hosur (Tamil Nadu) e ‘Unit, apuara (Rajasthan) Asan Fem Automotives Ida Pt. Lid Unit-X, Ahmedabad (Gujarat) Unit, Mysore (Karnataka)
Slide 10: Plants Details
PLANTS DETAILS Y Gia ee eee rere eee aaa) ||” Unit-1, Kundli, Sonepat Unit-2, Hosur Unit-3, Hosur Unit-4, Mysore Unit-5, Hosur (Haryana) (Tamil Nadu) (Tamil Nadu) (Karnataka) (Tamil Nadu) + Establishes in 1994 + Establishes in 2004 + Establishes in 2005 + Establishes in 2005 + Establishes in 2006 +
Slide 11: State of the art R&D Centre
• 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 Y Ge = LED Endout Marker LED Side Marker LED Side Marker LED Front Position Lamp LED Tail Lamp -Trucks LED RC Kamp-Trucks LED-Cabin Lamp 2008 LED Tail Lamp -MC LED Tail Lamp -Trucks LED RC Lamp-Trucks LED Tail Lamp LED Blinkers LED RC Lamp '@ LED Front Position Lamp LED T
Slide 13: Automotive LED Lamp Journey (cont.)
AUTOMOTIVE LED LAMP JOURNEY Y Ge 7 LED Fog Lamp LED Tail Lamp LED Reading Lamp LED parking Lamp LED Head Lamp LED Tail Lamp LED Projector Lamp LED RC Lamp LED Head Lamp E. LED Tail Lamp LED - Indicators i LED Blinker a LED Indicators LED Roof Lamp LED Outline Marker LED Side Marker LED License Lam)
Slide 14: Automotive LED Lamps
AUTOMOTIVE LED LAMPS NA ical mz (GRAZIA) HONDA Head Lamp Head Lamp Tail Lamp Winker Lamp Position Lamp Tail Lamp Winker Lamp Go» SHINESP S-- . * Ke, Ge == eect és= Head Lamp Tail Lamp Position Lamp Winker Lamp Tail Lamp Winker Lamp Winker Lamp Tail Lamp Head Lamp Tail Lamp SUZUKI Ci Tail Lamp Tail L
Slide 15: Automotive LED Lamps
AUTOMOTIVE LED LAMPS NA ical mz min 3 A= Fy Head Lamp Tail Lamp Head Lamp Position Lamp Head Lamp DRL Lamp Head Lamp DRL Lamp Head Lamp Head Lamp Position Lamp Head Lamp Head Lamp Tail Lamp Head Lamp Head Lamp Tail Lamp to Si: Tail Lamp Tail Lamp Head Lamp Tail Lamp Head Lamp Tail Lamp DRL Lamp
Slide 16: Automotive LED Lamps - Harley-Davidson
AUTOMOTIVE LED LAMPS Y Gea mz HARLEY-DAVIDSON ie Head Lamp Tail Lamp Front Turn Signal LMP ASSY License Lamp Rear Turn Signal @ eo vi Oe Tail Lamp Front Turn Signal License Lamp LMP ASSY Rear Turn Signal Tail Lamp Front & Rear Turn Signal License Lamp Head Lamp
Slide 17: Automotive LED Lamps - Four Wheelers
AUTOMOTIVE LED LAMPS Y Gia mz pam; GD GD FZ. REWA The sinpl, sensible, city cat SIDE MARKER LAMP END OUT MARKER TAIL LAMP TAIL LAMP (OLD) (NEW) CENTRAL HIGHMOUNT STOP LAMP. HIGH MOUNT STOP LAMP REAR INDICATOR REVERSING LAMP SUZUKI READING LAMP TAIL LAMP/BLINKER/ TAIL LAMP/ FOG LAMP BLINKER
Slide 18: 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 equipments and rear view mirrors to Two-wheeler and Four-wheeler OEM's • Exporting au
Slide 19: 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 20: Appreciation Award from India Yamaha Motor
19 Appreciation Award for Development and Shipping Control 2018 from India Yamaha Motor Pvt. Ltd.-2019
Slide 21: Performance Award from Suzuki Motorcycle India
20 Performance Award (Cost Reduction) for year 2018-19 from Suzuki Motorcycle India Private Limited-2019
Slide 22: Award for Delivery Management from Honda
21 Award for Delivery Management 2019-20 from Honda Motorcycle and Scooter India Ltd.
Slide 23: Best QCDDM from Kubota
22 Best QCDDM from Kubota - 2019-20
Slide 24: More than 50+ Awards Since 1991
MORE THAN 50+ AWARDS SINCE 1991
Slide 25: Automotive Lighting and Signalling Equipments
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 26: Rear-View Mirror
• 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 27: Plastic Moulded Parts
• 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 28: Others: Sheet Metal Parts, Bank Angle Sensor
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 29: Supplies to Honda Japan
• In 2012, FIEM commenced their supplies to Honda Japan for Honda Integra 4-670CC 670cc Integra-4 Motorcycle which includes all lamps such as Head lamps, RC Lamps, Blinker lights etc. and become global supplier to Honda. • FIEM also supplying through Honda Trading to Honda Vietnam and Honda Thailand
Slide 30: Q4FY20 and FY20 Top Clientele Contribution – Automotive Segment
Two wheeler segment (Domestic) Q4FY20 and FY20 Top Clientele Contribution – Automotive Segment Two wheeler segment (Global Customers) Four wheeler segment (Domestic) Four wheeler segment (Global Customers)
Slide 31: LED Luminaires
LED LUMINAIRES wy Gen LIGHT UP THE WORLD - 7 « » ae ys = ° o TUBE LIGHTS DOWN LIGHTS WEES sasi2 +--+ (PART 1):2012 \ it PA \ (g] ie 1h | 4 R-84001295 BULBS PANEL LIGHTS >) ; ( pry STREET LIGHTS FLOOD LIGHTS HI-BAY LIGHTS BOLLARDS SOLAR LANTERNS
Slide 32: Integrated Passenger Information System with LED Display
• 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 33: Consolidated Profit & Loss Statement
Particulars (INR Mn) FY14 FY15 FY16 FY17 FY18 FY19 FY20 Total Income* 7,212 8,264 9,891 10,193 12,443 14,499 13,812 Expenses 6,321 7,227 8,609 8,970 10,990 12,919 12,226 EBITDA 891 1,037 1,282 1,223 1,453 1,580 1,586 EBITDA Margin 12.35% 12.55% 12.96% 12% 11.68% 10.89% 11.48% Exceptional Item – – –
Slide 34: Consolidated Balance Sheet
Particulars (INR Mn) 31.03.18 31.03.19 31.03.20 Particulars (INR Mn) 31.03.18 31.03.19 31.03.20 ASSETS EQUITY AND LIABILITIES I. NON CURRENT ASSETS A. EQUITY 5,526 5,633 5,500 Equity Share Capital 132 132 132 a) Property, Plant and Equipment Other Equity 4,362 4,639 5121 b) Right of Use Assets – – 3
Slide 35: Standalone Profit & Loss Statement
Particulars (INR Mn) FY14 FY15 FY16 FY17 FY18 FY19 FY20 Total Income* 7,190 8,257 9,880 10,188 12,429 14,449 13,787 Expenses 6,299 7,223 8,600 8,967 10,977 12,888 12,203 EBITDA 891 1,034 1,280 1,221 1,452 1,561 1,584 EBITDA Margin 12.40% 12.52% 12.95% 11.98% 11.68% 10.80% 11.49% Exceptional Item – –
Slide 36: Standalone Balance Sheet
Particulars (INR Mn) 31.03.18 31.03.19 31.03.20 Particulars (INR Mn) 31.03.18 31.03.19 31.03.20 ASSETS EQUITY AND LIABILITIES I. NON CURRENT ASSETS A. EQUITY 5,526 5,631 5,497 Equity Share Capital 132 132 132 a) Property, Plant and Equipment – – 355 Other Equity 4,358 4,635 5,158 b) Right of Use Ass
Slide 37: Revenue, EBITDA, PAT, Cash PAT
REVENUE (Rs. In mn) EBITDA (Rs. In mn) PAT (Rs. In mn) CASH PAT (Rs. In mn)
Slide 38: Gross Block, Long Term Loans, Capex, Gross Debt/Equity
GROSS BLOCK (Rs. In mn) LONG TERM LOANS (Rs. In mn) CAPEX (Rs. In mn) GROSS DEBT/EQUITY
Slide 39: ROCE & ROE, Book Value, Dividend per Share, Working Capital Days
ROCE & ROE BOOK VALUE PER SHARE DIVIDEND PER SHARE WORKING CAPITAL DAYS
Slide 40: Fiem Industries Limited disclaimer
Fiem Industries Limited No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not curren