Fiem Industries Limited · NSE:FIEMIND
Fiem Industries — Investor Presentation (November 2016)
40 slides from Fiem Industries's investor presentation, November 2016
Slide 1: Fiem Industries Ltd. — Investor Presentation
NOV-2016 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 Turnover (Gross) Rs. in million FY16 Revenue Breakup FY 16 Revenue Breakup FY 16 Revenue Breakup FY16 Segment wise Auto Segment - Product Auto Segment - Auto Segment - Sales Breakup Mix Exports / OEMs / Repl. Market 4 Wheeler / 2 Wheeler Exports 3.60% 9.80% Replacemen
Slide 5: Financial and Operational Highlights (Standalone)
5 Financial Highlights (Standalone) (Rs. In crores) Q2 FY 16-17 Q2 FY 15-16 INCOME FROM OPERATIONS 291.84 236.11 Up by 23.60% PAT 14.08 12.54 Up by 12.28% H1 FY 16-17 H1 FY 15-16 INCOME FROM OPERATIONS 531.21 436.36 Up by 21.74% PAT 25.53 22.07 Up by 15.68% • Sales from LED Segment o Q2 FY 16-17 is
Slide 6: Company
6 Summary Company Auto Components LED Financials
Slide 7: Company Background
7 • 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 Whole-time Directors
8 Mr. J. K. Jain, Chairman & Managing Director • aged 64 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
9 Mr. Rahul Jain, Whole-time Director • aged 29 years, is a whole-time Director of our Company. He has completed his Bachelor of Science in Business & Management Studies from University of Bradford. He is involved in strategic affairs and corporate planning besides close interaction with customer fo
Slide 10: Company Milestones
10 2013 - 2016 • 2013 - Entered into 2008-2012 a 50:50 JV with • 2010 - Started new Horustech Lighting 2001-2007 manufacturing Unit of Italy for setting in Rai, Sonepat up a design centre • 2004 &2005- setup 1994-2000 (Unit 7) • 2015 – Starting mfg facilities in • 2011 – Setup receiving Tenders • 19
Slide 11: Plants & Depots Locations
PLANTS & DEPOTS LOCATIONS Y Light Up The World Plants & Depots Across India @ Plants © Depots —" Unit-1X, Ahmedabad (GUJARAT) Unit, Mysore (Karmataka) Unit-V, Hosur (TAMIL NADU)
Slide 12: Plant Details
PLANT DETAILS Pp iu Una it tt Unit-1 Kundli, Sonepat, Unit-2Hosur, TamilNadu —_ 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 + Establishedin 2006 + Land 16,588 Sq. Mtrs.
Slide 13: R&D Centre
13 • 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: Strong Client Base, Manufacturing Edge, Diversified Portfolio
14 14 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 • Expor
Slide 15: More Than 50 Awards Since 1991
15 MORE THAN 50+ AWARDS SINCE 1991 • 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 Motorcycle and Scooter India Ltd.-2014 • Achievement Award for Vendor Performance in the field of 'Devel
Slide 16: Government Approved R&D Center and Accreditations
16 Government Approved R&D Center Approval from Ministry of Railway MNRE Approved Solar Lantern NABL Accreditation for Photometry Laboratory
Slide 17: Auto Components
17 Summary Company Auto Components LED Financials
Slide 18: Automotive Lighting
18 FIEM is one of the most renowned names in Automotive Lightings & Automotive Light Contribution 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 components se
Slide 19: Automotive Lights & Rear View Mirrors
AUTOMOTIVE LIGHTS & REAR VIEW MIRRO ight Up The World < (Be (we =m os Activa-Head Activa-Tail Eterno-Blinker Shine-Blinker Activa-Rear Lamp Lamp Light Light View Mirror TVS =& Apache-Head Scooty-Head Apache-Tail Star Sports Scooty Pep Lamp Lamp Lamp Blinker Light Rear View Mirror TATA Indica-Head Su
Slide 20: Rear View Mirrors
20 • Rear-View Mirror – FIEM has four state-of-the-art mirror manufacturing Rear View Mirror Contribution 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 coating
Slide 21: Plastic Moulded Parts
21 • Plastic Moulded Parts – Plastic moulding is integral part of automotive Plastic Moulded Parts Contribution 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 moulding machine
Slide 22: Others Automotive Segment: Sheet Metal Parts
22 Others Automotive Segment Include items contributing less than 10% of Others Contribution 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 manufacturing Front
Slide 23: Supplies to Honda Japan
23 • 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 24: FY16 Top Clientele Contribution – Automotive Segment
24 Two wheeler segment (Domestic)- FY16 Top Clientele Contribution – Automotive Segment Two wheeler segment (Global Customers) Four wheeler segment (Domestic)- Four wheeler segment (Global Customers)-
Slide 25: LED
25 Summary Company Auto Components LED Financials
Slide 26: LED Segment Overview
26 • After strengthening its position in the Automotive Industry, FIEM has already LED Luminairies diversified into LED Segment having two major product catgaories as under: • LED luminaires for indoor and outdoor applications • Integrated Passenger Information Systems with LED Display for Railways
Slide 27: LED Luminaires: Indoor and Outdoor Lights
27 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 28: Our Customers - LED Luminaires
OUR CUSTOMERS -LED LUMINAIRES %GRa =" C C FEESt | ad Wy Ministry of Shipping IndianOil_ | es Energy Efficiency Services Ltd. ping Indian Railways Indian Oil Corporation Limited (Govt of india) f ( Ez ( ( S d Sear LY __ J y, Rashtriya Chemicals & Fertilizers Ltd. Indian Trade Promotion PWD Haryana Am
Slide 29: Fiem LED Bulb vs CFL vs Incandescent
29 Fiem LED Bulb CFL Incandescent Bulbs Life Expectancy >35,000hrs 8,000hrs 1,200hrs Watt 7watts 13-15watts 60watt Kwh of electricity 350 700 3,000 used in 50,000hrs Hazardous None 5mg mercury/bulb None Material Color Rendition Wide range of color Restricted color Restricted color Dimmability Yes Re
Slide 30: Integrated Passenger Information System with LED Display
30 • 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 31: Railway Stations and Buses with IPIS Systems
31 Railway Stations where IPIS Systems Installed / Under Installation • Uttar Pradesh - Lucknow Main Station, Varanasi, Phaphund • Andhra Pradesh - Parvathipuram • Maharashtra - Dhanu Road Station • Rajasthan - Bikaner, Lalgarh, Suratgarh, Hanuman Garh, Sriganganager, Chittorgarh • Haryana - Hisar &
Slide 32: Financials
32 Summary Company Auto Components LED Financials
Slide 33: Consolidated Income Statement FY11-FY16
33 Particulars (INR Mn) FY11 FY12 FY13 FY14 FY15 FY16 Total Income* 4,279 5,355 6,068 7,212 8,264 9,891 Expenses 3,900 4,675 5,361 6,321 7,227 8,609 EBITDA 379 680 707 891 1,037 1,282 EBITDA Margin 8.85% 12.70% 11.65% 12.35% 12.55% 12.96% Depreciation & Amortization 130 169 183 218 307 331 Finance C
Slide 34: Consolidated Balance Sheet
34 Particulars (INR Mn) FY14 FY15 FY16 Particulars (INR Mn) FY14 FY15 FY16 EQUITY AND LIABILITIES ASSETS Shareholders Fund Share Capital 120 120 120 Non Current Assets Reserve and Surplus 1,849 2,153 2,612 3,131 3,391 4,276 Fixed Assets 1,969 2,273 2,732 0 0 0 Total Shareholders Fund Non Current Inv
Slide 35: Standalone Income Statement FY11-H1 FY17
35 Particulars (INR Mn) FY11 FY12 FY13 FY14 FY15 FY16 H117 Total Income* 4,213 5,339 6,025 7,190 8,257 9,880 5,376** Expenses 3,831 4,659 5,323 6,299 7,223 8,600 4,697 EBITDA 382 680 702 891 1,034 1,280 679 EBITDA Margin 9.10% 12.70% 11.70% 12.40% 12.52% 12.95% 12.63% Depreciation & Amortization 130
Slide 36: Standalone Balance Sheet
36 Particulars (INR Mn) FY14 FY15 FY16 30.09.16 Particulars (INR Mn) FY14 FY15 FY16 30.09.16 EQUITY AND LIABILITIES ASSETS Shareholders Funds Non Current Assets Share Capital 120 120 120 132 Fixed Assets 3,130 3,388 4,273 4,613 Reserves & Surplus 1,851 2,153 2,611 4,030 Non Current Investment 1 4 7
Slide 37: Total Income, EBITDA Margin and Net Profit
37 Total Income & EBIDTAM% Net Profit 12000 12.70% 12.52% 12.95% 14.00% 12.40% 11.70% 9880 12.00% 10000 9.10% 8257 10.00% 8000 7191 6026 8.00% 6000 5338 4213 6.00% 4000 4.00% 2000 2.00% 0 0.00% FY 11 FY 12 FY 13 FY 14 FY 15 FY 16 EBITDA Efficiency Ratio
Slide 38: Debt/Equity, Book Value, Dividend and Working Capital
38 Gross Debt/Equity Book Value Per Share Dividend Per Share Working Capital Days * Rs 5 Interim Dividend and Rs. 3 final Dividend
Slide 39: Fiem Industries Limited – Disclaimer
39 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
Slide 40: Light Up The World
Ga Light Up The World
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