Fiem Industries Limited · NSE:FIEMIND
Fiem Industries — Q1 FY2020 Earnings Presentation
39 slides from Fiem Industries's earnings presentation, Aug 14, 2019
Slide 1: Fiem Industries Limited - Q1FY19-20 Earnings Con-call Presentation
FIEM INDUSTRIES LIMITED (AN ISO / TS16949: 2009, IS014001, OHSAS 18001 :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: fiemunit7
Slide 2: Fiem Industries Ltd. Investor Presentation August 2019
: a= [Sa ; BANK ANGLE SENSOR CANISTER pf ULI August 2019 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 Equipments and Rear View Overview Mirrors in India. FIEM is among first companies in In
Slide 4: FY19 Revenue and Segment-wise Sales Breakup
Turnover (Net) Rs. in million FY19 Revenue Breakup FY 19 Revenue Breakup FY 19 Revenue Breakup FY19 Segment wise Auto Segment - Product Auto Segment - Auto Segment - Sales Breakup Mix Exports / OEMs / Repl. Market 4 Wheeler / 2 Wheeler
Slide 5: Q1FY20 Revenue and Segment-wise Sales Breakup
4 Q1FY20 Revenue Breakup Q1FY20 Segment wise Sales Breakup Auto Segment - Product Mix Q1FY 20 Revenue Breakup Auto Segment Q1FY20 Revenue Breakup - Exports / OEMs / Repl. Market Auto Segment - 4 Wheeler / 2 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: Chairman and Managing Director; Whole-time Directors
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 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: Milestones 1989-2019
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: Plants & Depots Locations
PLANTS & DEPOTS LOCATIONS Y Ge Unit-1, = {Himachal Pradesh) Plants & Depots Across India Unit-Vill, Tapukara (Rajasthan) Unix, Taputara (Rajastan) Aisan Fem Automotives tndia Pvt, Ltt Unit-¥, Hosur (Tamil Nadu) Univ, Mysore (Karnataka)
Slide 11: Plant Details
PLANTS DETAILS Y Gio 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 + Land 16,588 Sq. Mtrs. * L
Slide 12: R&D Centre and Testing Facilities
• 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 13: Automotive LED Lamp Journey
AUTOMOTIVE LED LAMP JOURNEY wy Ge LIGHT UP THE WORLD LED Endout Marker LED Side Marker i ve OT OMM COO 1090 LED Side Marker ce) LED Front Position Lamp — i Bi LED Tail Lamp -Trucks LED RC Kamp-Trucks LED-Cabin Lamp (‘? 2) 2008 ASPOCK TATA MOTOR, oa ut . LED Tail Lamp LED RC Lamp LED Blinker LED Tail
Slide 14: Automotive LED Lamp Journey (Cont.)
AUTOMOTIVE LED LAMP JOURNEY Y Gi =i LED Fog Lamp LED Tail Lamp LED Reading Lamp LED parking Lamp | 2013 | Rea Ms LED Head Lamp LED Tail Lamp LED Head Lamp LED - Indicators | 2015 | LED Indicators a] LED Roof Lamp YAMAHA Tws MOTOR en LED Outline Marker LED Side Marker LED License al ‘WARLEY BRWIOSOR,
Slide 15: Automotive LED Lamps - Honda, Suzuki, Yamaha
AUTOMOTIVE LED LAMPS Y Gi =i HONDA ACTIVA 5G DIO HEADLAMP PARKING LAMP & R 15 VER3.0 MT 15 FZ25 V3 FZF1V3 FZ 250 HEADLAMP BI-FUNCTIONAL LAMP HEAD LAMP HEAD LAMP TAIL LAMP R 15 VER3.0 FZ F1 V3 FZ 250 TAIL LAMP TAIL LAMP DRL GIXXER SF 250 BURGMAN INTRUDER INTRUDER GS 150R GIXER HEAD LAMP HEAD LAMP PRO
Slide 16: Automotive LED Lamps - TVS, Harley-Davidson, Royal Enfield
AUTOMOTIVE LED LAMPS NY = TVS ==& wy * ew APACHE JUPITER APACHE NEW APACHE SCOOTY PEP N-TORQ 125 HEAD LAMP TAIL LAMP TAIL LAMP TAIL LAMP TAIL LAMP TAIL LAMP N-TORQ 125 MODEDIVICTOR ZEST DRL DRL DRL HARLEY-DAVIDSON “= > on 4 STREET STREET ROD STREET ROD STREET TAIL LAMP TAIL LAMP BLINKER LICENCE LAMP
Slide 17: Automotive LED Lamps - Four Wheelers and Export
AUTOMOTIVE LED LAMPS Gin | pMiER Gap GD We. a The simple, sensible, city car! SIDE MARKER LAMP = END OUT MARKER TAIL LAMP TAIL LAMP (OLD) (NEW) CENTRAL HIGHMOUNT STOP LAMP HIGH MOUNT STOP LAMP REAR INDICATOR REVERSING LAMP EXPORT 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: Award for Delivery Management 2018-19
19 Award for Delivery Management 2018-19 from Honda Motorcycle and Scooter India Ltd.-2019
Slide 21: Appreciation Award for Development and Shipping Control
20 Appreciation Award for Development and Shipping Control 2018 from India Yamaha Motor Pvt. Ltd.-2019
Slide 22: Performance Award (Cost Reduction) 2018-19
21 Performance Award (Cost Reduction) for year 2018-19 from Suzuki Motor Cycle India Private Limited-2019
Slide 23: More Than 50+ Awards Since 1991
MORE THAN 50+ AWARDS SINCE 1991
Slide 24: Automotive Lighting
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 25: Rear View Mirrors
• 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 26: 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 27: Others - Sheet Metal Parts
Others Automotive Segment Include items contributing less than 10% of Total Others Contribution (Rs. In mn) 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 manufactur
Slide 28: 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 29: Q1FY20 Top Clientele Contribution - Automotive Segment
Two wheeler segment (Domestic) Q1FY20 Top Clientele Contribution – Automotive Segment Two wheeler segment (Global Customers) Four wheeler segment (Domestic) Four wheeler segment (Global Customers)
Slide 30: LED Luminaires
LED LUMINAIRES wy Ge LIGHT UP THE WORLD 1S-16102 (PART 1):2012 § R-84001295 Cl “4 'UBE LIGHTS DOWN LIGHTS = PANEL LIGHTS FLOOD LIGHTS HI-BAY LIGHTS BOLLARDS i SOLAR LANTERNS
Slide 31: 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 32: Consolidated Profit & Loss Statement
Particulars (INR Mn) FY14 FY15 FY16 FY17 FY18 FY19 Q1FY20 Total Income* 7,212 8,264 9,891 10,193 12,443 14,499 3,606 Expenses 6,321 7,227 8,609 8,970 10,990 12,919 3,206 EBITDA 891 1,037 1,282 1,223 1,453 1,580 400 EBITDA Margin 12.35% 12.55% 12.96% 12% 11.68% 10.89% 11.09% Exceptional Item – – – 14
Slide 33: Consolidated Balance Sheet
Particulars (INR Mn) 31.03.17 31.03.18 31.03.19 Particulars (INR Mn) 31.03.17 31.03.18 31.03.19 ASSETS EQUITY AND LIABILITIES I. NON CURRENT ASSETS A. EQUITY 4,785 5,526 5,633 Equity Share Capital 132 132 132 a) Property, Plant and Equipment Other Equity 3,970 4,362 4,639 b) Capital Work-in-Progress
Slide 34: Standalone Profit & Loss Statement
Particulars (INR Mn) FY14 FY15 FY16 FY17 FY18 FY19 Q1FY20 Total Income* 7,190 8,257 9,880 10,188 12,429 14,449 3,601 Expenses 6,299 7,223 8,600 8,967 10,977 12,888 3,202 EBITDA 891 1,034 1,280 1,221 1,452 1,561 399 EBITDA Margin 12.40% 12.52% 12.95% 11.98% 11.68% 10.80% 11.08% Exceptional Item – – –
Slide 35: Standalone Balance Sheet
Particulars (INR Mn) 31.03.17 31.03.18 31.03.19 Particulars (INR Mn) 31.03.17 31.03.18 31.03.19 ASSETS EQUITY AND LIABILITIES I. NON CURRENT ASSETS A. EQUITY 4,785 5,526 5,631 Equity Share Capital 132 132 132 a) Property, Plant and Equipment 56 56 79 Other Equity 3,966 4,358 4,635 b) Capital Work-in
Slide 36: Revenue, EBITDA, PAT and Cash PAT
REVENUE (Rs. In mn) EBITDA (Rs. In mn) PAT (Rs. In mn) CASH PAT (Rs. In mn)
Slide 37: 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 38: ROCE & ROE, Book Value, Dividend per Share, Working Capital Days
ROCE & ROE BOOK VALUE PER SHARE DIVIDEND PER SHARE WORKING CAPITAL DAYS
Slide 39: 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