Fiem Industries Limited · NSE:FIEMIND
Fiem Industries — Investor Presentation (June 2018)
41 slides from Fiem Industries's investor presentation, June 2018
Slide 1: Fiem Industries Ltd. Investor Presentation June 2018
oe 2 6) oS. —_ @F YF ic June 2018 Fiem Industries Ltd. — Investor Presentation
Slide 2: Summary
2 Summary Company Auto Components LED Financials
Slide 3: Company Overview
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 4: 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 5: Company
5 Summary Company Auto Components LED Financials
Slide 6: Company background and incorporation
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 7: 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 8: 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 9: Company milestones since 1989
9 2017 - 2018 •2017 – 2W LED Headlamp - Design, Develop and 2011-2016 Manufactured by Fiem, introduced by Yamaha in •2011 – Setup facility for India mfg Plastic moulded parts • 2017 – Set up plant for 2001-2010 in Tapukara (Unit 8) manufacturing of Canister •2004 &2005- setup mfg •2011 – FIEM R&D Ce
Slide 10: Plants & Depots Locations
PLANTS & DEPOTS LOCATIONS WAC icon! Plants & Depots Across India T = We waned kolkata Haagen tiliala ma WL HF ™ T Unit, Hosur (TAMIL NADU) @ Plants © Depots — Kia = Unit-IX, Ahmedabad (GUJARAT) Unit, Mysore (Karnataka) Unit-V, Hosur (TAMIL NADU)
Slide 11: Plant Details
PLANT DETAILS | i | ee Unit-1 Kundli, Sonepat, Unit-2 Hosur, Tamil Nadu Unit-3 Hosur, TamilNadu —_— Unit - 4 Mysore, Unit -5 Hosur, Tamil Nadu Haryana Karnataka * Established in 1994 + Established in 2004 ¢ Established in 2005 + Established in 2005 * Established in 2006 + Land 16,588 Sq. Mtrs. + Lan
Slide 12: State of the art 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 13: Automotive LED Lamp Journey
AUTOMOTIVE LED LAMP JOURNEY % Gi 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 LED Blinkers LED RC Lamp LED Tail Lamp -Trucks LED RC Kamp-Trucks LED-Cabin Lamp 2008 LED Tail Lamp LED RC Lamp LED Blin
Slide 14: Automotive LED Lamp Journey (cont.)
AUTOMOTIVE LED LAMP JOURNEY wy Gir Light Up The World ne LED Tail Lamp Gas) LED Parking Lamp LED Work Lamp (e) a, LED Head Lamp LED Tail Lamp LED Projector Lamp LED RC Lamp | 2014 3 LED Tail Lamp LED Blinker LED Indicators LED Roof Lamp LED Outline Marker LED Side Marker LED License Lamp LED Fog Lam
Slide 15: Automotive LED Lamps
AUTOMOTIVE LED LAMPS W Light Up The World EZ HARLEY-DAVIDSON == HONDA ACTIVA 5G DIO TAIL LAMP BLINKER HEADLAMP DRL FZ 25 R 15 VER3.0 FZ 250 R 15 VER3.0 FAZOR FZ 250 HEADLAMP HEADLAMP TAIL LAMP TAIL LAMP TAIL LAMP POSITION LAMP f , CO € TVS=&A_ © ~ — APACHE ZEST MOPED N-TORQ 125 VICTOR TAIL LAMP DRL
Slide 16: 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 17: 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 18: Government approvals and accreditations
18 Government Approved R&D Center Approval from Ministry of Railway MNRE Approved Solar Lantern NABL Accreditation for Photometry Laboratory
Slide 19: Auto Components
19 Summary Company Auto Components LED Financials
Slide 20: 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 21: Automotive Lights & Rear View Mirrors
AUTOMOTIVE LIGHTS & REAR VIEW MIRRORSY Gaal HONDA Activa-Head Activa-Tail Eterno-Blinker Shine-Blinker Activa-Rear Lamp Lamp Light Light View Mirror TVS>& _ Apache-Head Apache-Tail Star Sports Scooty Pep Lamp Lamp Blinker Light Rear View Mirror TATA SB) a) Indica-Head Sumo-Tail Safari-Roof Sumo-Blin
Slide 22: Rear-View Mirror
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 23: 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 24: 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 25: 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 26: FY18 Top Clientele Contribution - Automotive Segment
26 Two wheeler segment (Domestic)- FY18 Top Clientele Contribution – Automotive Segment Two wheeler segment (Global Customers) Four wheeler segment (Domestic)- Four wheeler segment (Global Customers)-
Slide 27: LED
27 Summary Company Auto Components LED Financials
Slide 28: 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 29: LED Luminaires Product Range
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 30: Our Customers - LED Luminaires
OUR CUSTOMERS - LED LUMINAIRES ‘i ; "4 HYATT ee REGENCY Ministry of Shipping Hyatt Regency Ministry of Shipping (Govt. of India) | Y een | | Rashtriya Chemicals & Fertilizers Ltd. Indian Trade Promotion (A Government of India Enterprise) Organisation 4 C de. ZF mE — HONDA Ls International Centre for
Slide 31: Integrated Passenger Information System with LED Display
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 32: Railway Stations where IPIS Systems 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 33: Railway Coaches, Buses and Other Clients
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 34: Financials
34 Summary Company Auto Components LED Financials
Slide 35: Consolidated Profit & Loss
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 36: Consolidated 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 Other Equity 2,518 3,970 4,362 b) Capital Work-in-Progr
Slide 37: Standalone Profit & Loss
37 Particulars (INR Mn) FY13 FY14 FY15 FY16 FY17 FY18 Total Income* 6,025 7,190 8,257 9,880 10,188 12,429 Expenses 5,323 6,299 7,223 8,600 8,967 10,977 EBITDA 702 891 1,034 1,280 1,221 1,452 EBITDA Margin 11.70% 12.40% 12.52% 12.95% 11.98% 11.68% Exceptional Item – – – – 142 (34) Depreciation & Amor
Slide 38: Standalone Balance Sheet
38 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 Other Equity 2,518 3,966 4,358 b) Capital Work-in-Progr
Slide 39: Total Income, EBITDA, Net Profit and Efficiency Ratio
39 Total Income & EBIDTAM% (Rs. In mn) Net Profit (Rs. In mn) EBITDA (Rs. In mn) Efficiency Ratio
Slide 40: Debt/Equity, Book Value, Dividend and Working Capital Days
40 Gross Debt/Equity Book Value Per Share Dividend Per Share Working Capital Days
Slide 41: Fiem Industries Limited 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