FIEM industries : auto ancillary player

Subham_Jain · August 14, 2023, 11:54am

Much of the components of PnL looks muted YoY, there was a fire incident, and insurance work is under process

KUMOD_KUMAR_GUPTA · August 18, 2023, 12:49am

Hi, in the recent quarterly result i.e. Q1 FY24, in your opinion How big the red flag is for the company not deducting the fire losses from P&L??

Subham_Jain · August 18, 2023, 1:21pm

I believe that it did make the result look more better off(imagine if they had added the loss to PnL; then would be significantly lower), but would wait for next quarterly result’s Other income section

rcinvestor999 · November 8, 2023, 5:23am

ahmed · November 20, 2023, 5:19am

Any idea, why FII are decreasing their holding continuously

Disc: Not Invested

rcinvestor999 · November 22, 2023, 5:57am

rcinvestor999 · November 28, 2023, 9:06am

Shanki_Bansal · January 8, 2024, 4:48am

Board Meeting on 15th Jan to consider Bonus Shares
Fiem Bonus Announcement.pdf (607.7 KB)

tarunds · February 13, 2024, 10:29am

Q3FY24

EV : 2.4L units (1.8L units in q2)
2W volume: 5.5mn units
Selected as a supplier for a full headlamp for a european car company.
- Has received the purchase order for the same
- Design (in house at Pune design office) & devt. going on
- No capex needed for now
- Intend to export from q4fy25 onwards^[1]
Financials
- Sales: 483cr [+10.3% yoy]
- EBIDTA: 64cr [13.5%]
- PAT: 40.3cr [+25%]
- Capex=20cr (9m total 71cr.)
New orders: 51% are LED’s^[2]
Work with 35 odd 2W EV players across the range. Biggest are like [[Ola]], [[TVS]], Simple Energy, Ultraviolet, Okinawa
Wallet Share:
- wallet share on the – for the last financial year FY '22-'23. So for – like I’ll start with TVS for headlamp, we are having 68% for taillamp is 86%, 85%, RVM 62%. And DRL, we are 100% and lamp is almost 100%, 95%.
- For Yamaha, headlamp is 83%, taillamp is 63%, winker is 10% and RVM is 82%. Position lamp, we are 50%.
- For Suzuki headlamp is 71%, taillamp is also 71% and winker is 4%; RVM 100%. Reflector is 100% and is also 100%. For headlamp is 40%, taillamp is 76% and winker is 85%, RVM is 100%. For position lamp and reflecter it is 100%. These are for FY 2022-'23.