Fiem Industries Limited · NSE:FIEMIND
Fiem Industries — Q1 FY2021 Earnings Presentation
41 slides from Fiem Industries's earnings presentation, Sep 1, 2020
Slide 1: Q1FY21 Earnings Con-call Presentation cover letter
i Wy @Ciean FIEM INDUSTRIES LIMITED Unit-VII : Plot No. 1915, Rai Industrial Estate, Phase-V, Sonepat-131029 Haryana (INDIA) LIGHT UP THE WORLD Tel. : +91-130-2367905/906/907/908/909/910 Fax : +91-130-2369703 E-mail : fiemunit7 @fiemindustries.com September 1, 2020 . (through NEAPS) The Manager, Lis
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: FY20 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: Q1FY21 Segment wise Sales Breakup
Q1FY21 Revenue Breakup Q1FY21 Revenue Breakup Q1FY21 Revenue Breakup Q1FY21 Segment wise Auto Segment - Product Auto Segment - Auto Segment - Sales Breakup Mix Exports / OEMs / Repl. Market 4 Wheeler / 2 Wheeler
Slide 6: Company Background
• 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 & 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 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 Journey
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 Gia Plants & Depots Across India — @kanpur ee ee Unit-ll, Hosur (Tamil Nadu) Unit-til, Hosur (Tamil Nadu) Unit-IX, Anmedabad (Gujarat) Unit-IV, Mysore (Karnataka)
Slide 11: Plants Details
PLANTS DETAILS NAG lean ‘Saini i)” 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
Slide 12: 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 13: Automotive LED Lamp Journey
AUTOMOTIVE LED LAMP JOURNEY 4 Gea Mm / & LED Tail Lamp -MC 2 LED Tail Lamp -Trucks LED RC Lamp-Trucks LED Endout Marker LED Side Marker == «Dp ASPOCK LED Side Marker LED Front Position Lamp LED Tail Lamp | 2006 | LED Blinkers ASPOCK ay LED RC Lamp — |__2007 | ‘SUZUKI MOTORCYCLES, @ @ ‘TWS MOTOR, ASP
Slide 14: Automotive LED Lamp Journey
AUTOMOTIVE LED LAMP JOURNEY Go | LED Fog Lamp LED Tail Lamp LED Reading Lamp LED parking Lamp LED Head Lamp HARLEY DAWIDSOM, LED Tail Lamp ‘DAIMLER, L&T, MAHINDRA g LED Projector Lamp TWO WHEELER LED RC Lamp MARUTI SUZUKI, ‘SUZUKI MOTORCYCES-SMC, ‘MAHINDRA REVA Tvs MOTOR, FIEM-R&.D PRODUCT, g MAHIND
Slide 15: Automotive LED Lamps
AUTOMOTIVE LED LAMPS NY LIGHT UP THE WORLD Head Lamp Head Lamp Tail Lamp Winker Lamp Position Lamp Tail Lamp Winker Lamp Head Lamp Tail Lamp Position Lamp Winker Lamp Tail Lamp Winker Lamp Winker Lamp Tail Lamp Head Lamp Tail Lamp SUZUKI" "INTRUDER Tail Lamp Tail Lamp License Lamp
Slide 16: Automotive LED Lamps
AUTOMOTIVE LED LAMPS NAP ienn | mie A= Fw Head Lamp Tail Lamp Head Lamp Position Lamp Head Lamp DRL Lamp Head Lamp Tail Lamp Head Lamp DRL Lamp Head Lamp Head Lamp Position Lamp Head Lamp Head Lamp Tail Lamp Head Lamp Head Lamp Tail Lamp Tail Lamp Tail Lamp Head Lamp rail lampl Head Lamp Tail Lamp D
Slide 17: Automotive LED Lamps
AUTOMOTIVE LED LAMPS AE in| SS HARLEY-DAVIDSON Head Lamp Tail Lamp Front Turn Signal LMP ASSY License Lamp Rear Turn Signal @ eo rr EO Tail Lamp Front Turn Signal License Lamp LMP ASSY Rear Turn Signal Se aa -& ir © Tail Lamp Front & Rear Turn Signal License Lamp Head Lamp
Slide 18: Automotive LED Lamps
AUTOMOTIVE LED LAMPS 4 Gea SS DAIMLER o> GED We. The simple, sensible, city car! SIDE MARKER LAMP END OUT MARKER TAIL LAMP TAIL LAMP (OLD) (NEW) TATA CENTRAL HIGHMOUNT STOP LAMP HIGH MOUNT STOP LAMP REAR INDICATOR REVERSING LAMP MS EXPORT MARUTI SUZUKI READING LAMP TAIL LAMP/BLINKER/ TAIL LAMP/ FOG
Slide 19: 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 20: 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 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)
21 Performance Award (Cost Reduction) for year 2018-19 from Suzuki Motorcycle India Pvt. Ltd-2019
Slide 23: Award for Delivery Management 2019-20
22 Award for Delivery Management 2019-20 from Honda Motorcycle and Scooter India Pvt. Ltd.
Slide 24: Excellence in Quality & Delivery Award from Kubota
23 Excellence in Quality & Delivery Award from Kubota 2019-20
Slide 25: More Than 50+ Awards Since 1991
MORE THAN 50+ AWARDS SINCE 1991
Slide 26: 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 27: 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 28: 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 29: Others Automotive Segment
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 30: 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 31: Q1FY21 and FY20 Top Clientele Contribution
Two wheeler segment (Domestic) Q1FY21 and FY20 Top Clientele Contribution – Automotive Segment Two wheeler segment (Global Customers) Four wheeler segment (Domestic) Four wheeler segment (Global Customers)
Slide 32: LED Luminaires
LED LUMINAIRES 4 Gia SS UGA TUBE LIGHTS DOWN LIGHTS A] 1S-16102) geet MORE ‘STARTS, MORE SAVINGS | R-84001295 BULBS PANEL LIGHTS ail im STREET LIGHTS FLOOD LIGHTS HI-BAY LIGHTS BOLLARDS SOLAR LANTERNS
Slide 33: 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 34: Standalone Profit & Loss Summary
Particulars (INR Mn) FY14 FY15 FY16 FY17 FY18 FY19 FY20 Q1FY21 Total Income* 7,212 8,264 9,891 10,193 12,443 14,499 13,812 676 Expenses 6,321 7,227 8,609 8,970 10,990 12,919 12,226 826 EBITDA 891 1,037 1,282 1,223 1,453 1,580 1,586 -150 EBITDA Margin 12.35% 12.55% 12.96% 12% 11.68% 10.89% 11.48% -22
Slide 35: 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 5,633 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 36: Consolidated Profit & Loss Summary
Particulars (INR Mn) FY14 FY15 FY16 FY17 FY18 FY19 FY20 Q1FY21 Total Income* 7,190 8,257 9,880 10,188 12,429 14,449 13,787 679 Expenses 6,299 7,223 8,600 8,967 10,977 12,888 12,203 830 EBITDA 891 1,034 1,280 1,221 1,452 1,561 1,584 -151 EBITDA Margin 12.40% 12.52% 12.95% 11.98% 11.68% 10.80% 11.49%
Slide 37: 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 5,631 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 38: Revenue, EBITDA, PAT and Cash PAT
REVENUE (Rs. In mn) EBITDA (Rs. In mn) PAT (Rs. In mn) CASH PAT (Rs. In mn)
Slide 39: 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 40: ROCE & ROE, Book Value, Dividend per Share, Working Capital Days
ROCE & ROE BOOK VALUE PER SHARE DIVIDEND PER SHARE WORKING CAPITAL DAYS
Slide 41: 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