Fiem Industries Limited · NSE:FIEMIND
Fiem Industries — Investor Presentation (February 2019)
42 slides from Fiem Industries's investor presentation, Feb 13, 2019
Slide 1: Fiem Industries Limited
FIEM INDUSTRIES LIMITED Jij||H(AN ISO/TS 16949: 2009, IS014001, OHSAS18001: 2007 & ISO 9001:2008 CERTIFIED COMPANY) LIGHT UP THE WORLDUnit-Vll: Plot No. 1915, Rai Industrial Estate, Phase-V, Sonepat-131029 Haryana (INDIA) Tel. : +91-130-2367905/906/907/908/909/910 Fax : +91-130-2367903 E-mail: fiemu
Slide 2: Investor Presentation February 2019
a i a. 3 & ‘a oe - “Se ' > | February 2019 Fiem Industries Ltd. — Investor Presentation
Slide 3: Summary
2 Summary Company Auto Components LED Financials
Slide 4: Overview and products
3 • 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 Overview View Mirrors in India. FIEM is among first companies in
Slide 5: Turnover and segment-wise sales breakup
4 Turnover (Net) Rs. in million FY18 Revenue Breakup FY 18 Revenue Breakup FY 18 Revenue Breakup FY18 Segment wise Auto Segment - Product Auto Segment - Auto Segment - Sales Breakup Mix Exports / OEMs / Repl. Market 4 Wheeler / 2 Wheeler
Slide 6: Company
5 Summary Company Auto Components LED Financials
Slide 7: Company background
6 • 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 automoti
Slide 8: Chairman and Directors
7 Mr. J. K. Jain, Chairman & Managing Director • aged 66 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 expansio
Slide 9: Whole-time Directors
8 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 f
Slide 10: Company milestones
9 2017 - 2018 • 2017 – Set up plant for manufacturing of Canister in technical collaboration 2011-2016 with Aisan Industry Co., •2011 – Setup facility for Ltd, Japan mfg Plastic moulded parts •2017 - A 50:50 Joint 2001-2010 in Tapukara (Unit 8) Venture Company in Hong •2004 &2005- setup mfg •2011 –
Slide 11: Plants and depots locations
PLANTS & DEPOTS LOCATIONS W Light Up The World Plants & Depots Across India @ Plants Depots Unit-V, Hosur (TAMIL NADU)
Slide 12: Plant details
PLANT DETAILS Unit -1 Kundli, Sonepat, Unit -2 Hosour, Tamil Nadu Unit -3 Hosour, Tamil Nadu Unit -4 Mysore, Y Ge Light Up The World Unit - 5 Hosour, Tamil Nadu Haryana Karnataka + Established in 1994 + Established in 2004 + Established in 2005 + Established in 2005 * Established in 2006 + Land 16,5
Slide 13: R&D centre
12 • 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 Scie
Slide 14: Automotive LED lamp journey
AUTOMOTIVE LED LAMP JOURNEY Ae lee LED Endout Marker LED Side Marker LED Tail Lamp -MC LED Tail Lamp -Trucks LED RC Lamp-Trucks LED Side Marker LED Front Position Lamp LED Tail Lamp -Trucks LED RC Kamp-Trucks LED-Cabin Lamp 2008 LED Tail Lamp LED RC Lamp LED Blinker LED Tail Lamp LEO Blinkers LED RC
Slide 15: Automotive LED lamp journey (continued)
AUTOMOTIVE LED LAMP JOURNEY LED Tail Lamp GQak-) LED Parking Lamp LED Work Lamp (>) AD, LED Head Lamp LED Tail Lamp LED Projector Lamp LED RC Lamp LED Tail Lamp LED Blinker LED Indicators LED Roof Lamp LED Outline Marker LED Side Marker LED License Lamp % Gn Light Up The World LED Fog Lamp LED Tail
Slide 16: Automotive LED lamps
AUTOMOTIVE LED LAMPS % Gn Light Up The World EZ HARLEY-DAVIDSON =“? Ff 48D HONDA ACTIVA 5G DIO TAIL LAMP BLINKER HEADLAMP PARKING LAMP cs sr &D @ be FZ 25 R 15 VER3.0 FZ 250 R 15 VER3.0 FZ 250 HEADLAMP HEADLAMP TAIL LAMP TAIL LAMP POSITION LAMP y fears TVS. re 24 _ APACHE ZEST MOPEDIVICTOR N-TORQ 12
Slide 17: Strong client base and manufacturing edge
16 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
Slide 18: More than 50 awards since 1991
17 MORE THAN 50+ AWARDS SINCE 1991 • Performance Award (VA-VE) for the year 2016-17 from Suzuki Motor Cycle India Private Limited • Achievement Award for Strong Cost Reduction Efforts for 2015-16 from Honda Motorcycle & Scooter India Pvt. Ltd. • The Grand Award for QCDDM 2013-14 from Honda Motorcycl
Slide 19: Approvals and accreditations
18 Government Approved R&D Center Approval from Ministry of Railway MNRE Approved Solar Lantern NABL Accreditation for Photometry Laboratory
Slide 20: Auto Components
19 Summary Company Auto Components LED Financials
Slide 21: Automotive lighting
20 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 c
Slide 22: Automotive lights and rear view mirrors
AUTOMOTIVE LIGHTS & REAR VIEW MIRRORSY Gita < @ eh we ors Activa-Head Activa-Tail Eterno-Blinker Shine-Blinker Activa-Rear Lamp Lamp Light Light View Mirror mse = Apache-Head Scooty-Head Apache-Tail Star Sports Scooty Pep Lamp Lamp Lamp Blinker Light Rear View Mirror AB Sumo-Blinker Tata Estate/Sier
Slide 23: Rear view mirrors
22 • 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/Chr
Slide 24: Plastic moulded parts
23 • 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 moul
Slide 25: Others automotive segment
24 Others Automotive Segment Include items contributing less than 10% of Others Contribution (Rs. In mn) Total Sale, mainly includes Fabrication items etc. • Sheet Metal Parts (fabrication Item) – FIEM has full fledged sheet metal fabrication facilities as well as Mudguard rolling plants for manufac
Slide 26: Supplies to Honda Japan
25 • 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 Thail
Slide 27: Top clientele contribution
26 Two wheeler segment (Domestic)- NINE MONTHS FY18-19 Top Clientele Contribution – Automotive Segment Two wheeler segment (Global Customers) Four wheeler segment (Domestic)- Four wheeler segment (Global Customers)-
Slide 28: LED
27 Summary Company Auto Components LED Financials
Slide 29: LED segment overview
28 • After strengthening its position in the Automotive Industry, FIEM has already LED Luminairies diversified into LED Segment having two major product categories as under: • LED luminaires for indoor and outdoor applications • Integrated Passenger Information Systems with LED Display for Railways
Slide 30: LED luminaires indoor and outdoor
29 FIEM manufactures the following types of LED Luminaires: Indoor LED Lights • LED Bulbs • LED Tubes Ceiling Lights • LED Ceiling Lights • LED Down Lights • LED Solar Lanterns • LED Torches LED Tubes LED Bulbs LED Torches Down Lights • Applications - Commercial, Industrial, Residential and other bu
Slide 31: Our customers - LED luminaires
OUR CUSTOMERS-LEDLUMINAIRES Y%GRa Cc ‘a HYATT 4 REGENCY Ministry of Shipping Hyatt Regency Ministry of Shipping (Govt. of India) ye Rashtriya Chemicals & Fertilizers Ltd. Indian Trade Promotion PWD Haryana (A Government of India Enterprise) Organisation ri (- (nf rf $ presale tas SUZUKI J HONDA Inte
Slide 32: Integrated Passenger Information System
31 • 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 impor
Slide 33: Railway stations with IPIS installed
32 Railway Stations where IPIS Systems Installed / Under Installation • Delhi – Anand Vihar, Delhi Sarai Rohilla • Goa – Sanvordem • Haryana - Hisar, Bhiwani, Faridabad • Rajasthan - Bikaner, Lalgarh, Suratgarh, Hanuman Garh, Sri Ganganagar, Chittorgarh, Beawar, Madar • Uttar Pradesh - Lucknow Main
Slide 34: Railway coaches and bus IPIS systems
33 Railway Coaches for GPS Based PIS System for Indian Railway • Delhi – Bikaner Superfast Express LED based Coach Light of Train Coaches Rail Coach Factory IPIS Systems for Buses • DTC Buses, Haryana Roadways, U.P. Roadways, Gujarat State Road Transport (Ahmedabad), Uttrakhand Roadways, Jaipur Buse
Slide 35: Financials
34 Summary Company Auto Components LED Financials
Slide 36: Standalone profit and loss FY13-FY18
35 Particulars (INR Mn) FY13 FY14 FY15 FY16 FY17 FY18 Total Income* 6,068 7,212 8,264 9,891 10,193 12,623 Expenses 5,361 6,321 7,227 8,609 8,970 11,170 EBITDA 707 891 1,037 1,282 1,223 1,453 EBITDA Margin 11.65% 12.35% 12.55% 12.96% 12% 11.51% Exceptional Item – – – – 142 (34) Depreciation & Amortiz
Slide 37: Balance sheet
36 Particulars (INR Mn) 01.04.16 01.04.17 31.03.18 Particulars (INR Mn) 01.04.16 01.04.17 31.03.18 ASSETS EQUITY AND LIABILITIES I. NON CURRENT ASSETS A. EQUITY 4,017 4,785 5,526 Equity Share Capital 120 132 132 a) Property, Plant and Equipment 116 56 56 Other Equity 2,518 3,970 4,362 b) Capital Wor
Slide 38: Consolidated profit and loss with nine months FY19
37 Nine Months Particulars (INR Mn) FY13 FY14 FY15 FY16 FY17 FY18 FY19 Total Income* 6,025 7,190 8,257 9,880 10,188 12,429 10,886 Expenses 5,323 6,299 7,223 8,600 8,967 10,977 9,751 EBITDA 702 891 1,034 1,280 1,221 1,452 1,135 EBITDA Margin 11.70% 12.40% 12.52% 12.95% 11.98% 11.68% 10.43% Exceptiona
Slide 39: Consolidated balance sheet
38 Particulars (INR Mn) 01.04.17 31.03.18 30.09.18 Particulars (INR Mn) 01.04.17 31.03.18 30.09.18 ASSETS EQUITY AND LIABILITIES I. NON CURRENT ASSETS A. EQUITY 4,785 5,526 5,669 Equity Share Capital 132 132 132 a) Property, Plant and Equipment Other Equity 3,966 4,358 4,486 b) Capital Work-in-Progr
Slide 40: Total income, EBITDA, net profit
39 Total Income & EBIDTAM% (Rs. In mn) Net Profit (Rs. In mn) EBITDA (Rs. In mn) Efficiency Ratio
Slide 41: Debt/equity, book value, dividend, working capital
40 Gross Debt/Equity Book Value Per Share Dividend Per Share Working Capital Days
Slide 42: Disclaimer
41 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 cur
Fiem Industries — Investor Presentation (February 2019) on 6ix