Fiem Industries Limited · NSE:FIEMIND
Fiem Industries — Q2 FY23 Earnings Presentation
45 slides from Fiem Industries's earnings presentation, Nov 10, 2022
Slide 1: Exchange filing cover letter for Q2FY23 earnings call
November 10, 2022 The Manager, Listing Department, National Stock Exchange of India Ltd. Exchange Plaza, Bandra Kurla Complex Bandra (East), Mumbai -400051 Dear Sir, Sub: Q2FY23 Earning Call –Presentation Ref: Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 20
Slide 2: H1FY23 Fiem Industries Ltd.
4 Xe) FIEM INDUSTRIES LTD. LIGHT UP THE WORLD GLOBALLY RECOGNISED
Slide 3: Executive Summary
EXECUTIVE SUMMARY 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 Mirrors in India. FIEM is among fi
Slide 4: Financial Summary (Standalone)
FINANCIAL SUMMARY (STANDALONE) FY22 Segment wise Sales Breakup 0.54% 99.46% Automotive Segment IPIS and LED Luminaires 3
Slide 5: Financial Summary (Standalone)
FINANCIAL SUMMARY (STANDALONE) 4
Slide 6: Financial Summary (Standalone)
FINANCIAL SUMMARY (STANDALONE) 5
Slide 7: Company Overview
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: Promoters & Whole Time Directors
PROMOTERS & WHOLE TIME DIRECTORS Mr. J. K. Jain, Chairman & Managing Director aged 70 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 aspe
Slide 9: Promoters & Whole Time Directors
PROMOTERS & WHOLE TIME DIRECTORS Mr. Rahul Jain, Whole-time Director aged 35 years, is the 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 cl
Slide 10: Fiem Journey
FIEM JOURNEY 2018 - 2020 2015-2017 2007-2013 1996-2006 1989-1994 • 2018 – Joint Venture with • 2015 – Starting receiving Tenders Aisan Industry Co. Ltd., Japan from EESL for LED Bulbs and and Toyota Tsusho India Pvt. Street Lights. Ltd. for manufacture of Fuel • 2016 – Unit -9, Ahmedabad Pump Module
Slide 11: Our Presence
OUR PRESENCE Wy LIGHT UP THE WORLD ET Flom Research An Technology Sa ° (Wholly-Owned Subsidiary) SP) HONGKONG = Fiem Industries Japan Co. Ltd., Japan (Wholly-Owned Subsidiary) Unit-l, Hosur (Tamil Nadu) Unit-V, Hosur (Tamil Nadu) " Fiem Kyowa (HK) Mould Co Ltd. Hong Kong * Unitull, Hosur (Tamil Nadu
Slide 12: Govt. Approved R&D Centre
GOVT. APPROVED 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 Technol
Slide 13: Automotive LED Light Journey
AUTOMOTIVE LED LIGHT JOURNEY 12
Slide 14: Product Range
PRODUCT RANGE 13
Slide 15: Product Range
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Slide 16: Product Range
l/ ° PRODUCT RANGE Ww @YAMAHA 7
Slide 17: Product Range
l/ ° PRODUCT RANGE . Ww LIGHT UP THE WORLD $ SUZUKI
Slide 18: Product Range
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Slide 19: Product Range
PRODUCT RANGE me LIGHT UP THE WORLD HARLEY-DAVIDSON
Slide 20: Product Range
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Slide 21: Fiem Advantage
STRONG CLIENT BASE MANUFACTURING EDGE...COST SAVING TO • FIEM has a strong client base of more than 50 OEMs THE CUSTOMERS and is supplying to its prestigious customers since their • State-of-the-art manufacturing facilities located close to inception. the OEM Customers offering Logistic cost saving
Slide 22: Accolades Received
ACCOLADES RECEIVED Consistent Quality Performance Award for the year 2021-22 from TVS Motor Company Limited 21
Slide 23: Accolades Received
ACCOLADES RECEIVED Appreciation Award for Special Support for the year 2021-22 from Yamaha Motor India Group 22
Slide 24: Accolades Received
ACCOLADES RECEIVED Best Performance in Delivery Award from Kubota - 2021 23
Slide 25: Accolades Received
ACCOLADES Global Award for Excellence in Technology and RECEIVED 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
Slide 26: Accolades Received
ACCOLADES RECEIVED Global Contribution Award, 2020 from Yamaha Motor Co., Ltd. Japan “ In recognition of your outstanding achievement in the global business operations and positive reinforcement of competitiveness in 2019, thereby realizing MONOZUKURI procurement and significantly improving the prod
Slide 27: Accolades Received
ACCOLADES RECEIVED Appreciation Award for Development and Shipping Control 2018 from India Yamaha Motor Pvt. Ltd.-2019 26
Slide 28: Accolades Received
ACCOLADES RECEIVED Performance Award (Cost Reduction) for year 2018-19 from Suzuki Motorcycle India Pvt. Ltd-2019 27
Slide 29: Accolades Received
ACCOLADES RECEIVED Award for Delivery Management 2019-20 from Honda Motorcycle and Scooter India Pvt. Ltd. 28
Slide 30: Accolades Received: 50+ Awards Since 1991
ACCOLADES RECEIVED MORE THAN 50+ AWARDS SINCE 1991 29
Slide 31: Automotive Lights
AUTOMOTIVE LIGHTS FIEM is one of the most renowned names in Automotive Lightings & 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 segment the Compa
Slide 32: Rear View Mirrors
REAR VIEW MIRRORS • Rear-View Mirror – FIEM has 6 state-of-the-art mirror manufacturing 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 and finally back s
Slide 33: Plastic Moulded Parts
PLASTIC MOULDED PARTS • Plastic Moulded Parts – Plastic moulding is integral part of automotive lighting 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 machines in their si
Slide 34: Others
OTHERS Others Automotive Segment Include items contributing less than 10% of 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 rolling plants for manufa
Slide 35: Our Customers
OUR CUSTOMERS H1FY23 and FY22 Top Clientele Contribution – Automotive Segment 34
Slide 36: Our Customers
OUR CUSTOMERS Q2FY23 and Q1FY23 Top Clientele Contribution – Automotive Segment 35
Slide 37: LED Display Systems
LED DISPLAY SYSTEMS • Integrated Passenger Information System with LED Display (IPIS or PIDS) is an electronic information system which LED Integrated Passenger Information System provides real-time passenger information. Railway • Passenger information delivered in relevant locations along the bus
Slide 38: Consolidated Income Statement
CONSOLIDATED INCOME STATEMENT Particulars (INR Mn) FY18 FY19 FY20 FY21 FY22 H1FY23 Total Income* 12,443 14,499 13,812 12,243 15,749 9,725 Expenses 10,990 12,919 12,226 10873 13,783 8,412 EBITDA (Including Other Income) 1,453 1,580 1,586 1370 1,966 1313 EBITDA Margin 11.68% 10.89% 11.48% 11.19% 12.48
Slide 39: Consolidated Balance Sheet Highlights (as per Ind-AS)
CONSOLIDATED BALANCE SHEET HIGHLIGHTS (AS PER IND-AS) Particulars (INR Mn) 31.03.21 31.03.22 30.09.22 Particulars (INR Mn) 31.03.21 31.03.22 30.09.22 ASSETS EQUITY AND LIABILITIES A. EQUITY I. NON CURRENT ASSETS Equity Share Capital 132 132 132 a) Property, Plant and Equipment 5,101 4,742 4,554 Othe
Slide 40: Standalone Income Statement
STANDALONE INCOME STATEMENT Particulars (INR Mn) FY18 FY19 FY20 FY21 FY22 H1FY23 Total Income* 12,429 14,449 13,787 12243 15,749 9,724 Expenses 10,977 12,888 12,203 10871 13,789 8,416 EBITDA (Including Other Income) 1,452 1,561 1,584 1372 1960 1,308 EBITDA Margin 11.68% 10.80% 11.49% 11.21% 12.44% 1
Slide 41: Standalone Balance Sheet Highlights (as per Ind-AS)
STANDALONE BALANCE SHEET HIGHLIGHTS (AS PER IND-AS) Particulars (INR Mn) 31.03.21 33.03.22 30.09.22 Particulars (INR Mn) 31.03.21 31.03.22 30.09.22 ASSETS EQUITY AND LIABILITIES I. NON CURRENT ASSETS A. EQUITY Equity Share Capital 132 132 132 a) Property, Plant and Equipment 5,098 4,740 4,549 Other
Slide 42: Standalone Financial Overview
STANDALONE FINANCIAL OVERVIEW 41
Slide 43: Standalone Financial Overview
STANDALONE FINANCIAL OVERVIEW 42
Slide 44: Standalone Financial Overview
STANDALONE FINANCIAL OVERVIEW 43
Slide 45: Safe Harbor Disclaimer
SAFE HARBOR DISCLAIMER : This presentation is for general information purposes only, without regard to any specific objectives, financial situations or informational needs of any particular person. This presentation does not constitute an offer or invitation to purchase or subscribe for any securiti