Fiem Industries Limited (FIEMIND) AI Stock Analysis

• Market Cap: ₹47.61B
• Dividend Yield: 1.62%
• Average Volume (3M): 3.95K
• Price to Earnings (P/E): 23.2
• Beta (1Y): 1.20
• Revenue Growth: 19.41%
• EPS Growth: 23.67%
• Country: IN
• Employees: 2,418
• Sector: Consumer Cyclical
• Sector Strength: 71
• Industry: Auto - Parts
• EPS (TTM): 21.65
• Shares Outstanding: 26,319,660
• 10 Day Avg. Volume: 2,774
• 30 Day Avg. Volume: 3,952
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹2,223.00
• Price Target Upside: 20.09% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 75 Outperform
• Price Target: ₹2,223.00 ▲(20.09% Upside)

Fiem Industries Limited is in a strong financial position, with robust revenue growth and efficient operations leading to solid cash flow management. Technical indicators show bullish momentum, though caution is advised due to potential overbought signals. The valuation suggests the stock may be slightly overvalued, primarily due to a relatively high P/E ratio.

Fiem Industries Limited Business Overview & Revenue Model

Company Description

Fiem Industries Limited (FIEMIND) is a prominent manufacturer in the automotive lighting and signaling equipment sector, providing a wide array of high-quality products such as head lamps, tail lamps, and indicator lamps. The company also diversifies into manufacturing rear view mirrors, sheet metal parts, and plastic molded parts, catering primarily to the two-wheeler and four-wheeler segments. Fiem Industries is recognized for its advanced research and development capabilities and its commitment to innovation, which enables it to meet the evolving demands of the automobile industry.

How the Company Makes Money

Fiem Industries Limited generates revenue primarily through the sale of its automotive lighting and signaling equipment to original equipment manufacturers (OEMs) in the automotive industry. A significant portion of its income is derived from long-term contracts with major two-wheeler and four-wheeler manufacturers, ensuring a steady and reliable revenue stream. Additionally, the company benefits from its diversification into the production of rear view mirrors and other automotive components, which are sold both domestically and internationally. Strategic partnerships and collaborations with global automobile manufacturers further bolster its revenue generation capabilities. Fiem's focus on innovation and quality allows it to maintain a competitive edge, contributing to its financial success.

Fiem Industries Limited Financial Statement Overview

Summary

Fiem Industries Limited demonstrates strong financial performance with solid revenue growth, profitability, minimal leverage, and robust cash flow management. The company benefits from efficient operations and a stable financial position.

Income Statement

Fiem Industries Limited has demonstrated strong revenue growth with a consistent upward trajectory over recent years. The gross profit margin stands at 21.5%, and the net profit margin is 8.5%, indicating efficient cost management. The EBIT and EBITDA margins are robust at 10.6% and 14.1%, respectively, reflecting solid operational performance.

Balance Sheet

The company maintains a healthy balance sheet with a low debt-to-equity ratio of 0.02, highlighting minimal leverage. The return on equity is impressive at 19.7%, suggesting effective use of equity to generate profits. The equity ratio is solid at 72.9%, indicating a strong equity base relative to assets.

Cash Flow

Fiem Industries Limited exhibits strong cash flow generation with a significant free cash flow growth rate of 135.7%. The operating cash flow to net income ratio is 1.21, showing that cash flows align well with net income. The free cash flow to net income ratio of 0.58 further demonstrates healthy cash generation relative to profits.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	23.33B	24.23B	20.29B	18.34B	15.58B	12.08B
Gross Profit	6.91B	5.21B	2.93B	7.03B	4.52B	3.54B
EBITDA	3.26B	3.42B	2.85B	2.59B	1.97B	1.34B
Net Income	1.92B	2.05B	1.66B	1.40B	941.61M	466.90M
Balance Sheet
Total Assets	0.00	14.24B	12.18B	10.53B	10.49B	9.22B
Cash, Cash Equivalents and Short-Term Investments	2.18B	2.98B	2.06B	1.90B	1.45B	1.10B
Total Debt	0.00	220.91M	231.15M	238.27M	470.69M	797.68M
Total Liabilities	-9.32B	3.86B	3.32B	2.92B	4.06B	3.53B
Stockholders Equity	9.32B	10.38B	8.87B	7.61B	6.42B	5.69B
Cash Flow
Free Cash Flow	0.00	1.19B	505.91M	757.15M	729.57M	1.16B
Operating Cash Flow	0.00	2.49B	1.35B	1.31B	922.54M	1.36B
Investing Cash Flow	0.00	-1.02B	-686.41M	385.03M	-737.48M	-153.25M
Financing Cash Flow	0.00	-550.50M	-431.31M	-549.53M	-606.08M	-571.31M

Fiem Industries Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1851.05
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:FIEMIND, the sentiment is Neutral. The current price of 1851.05 is below the 20-day moving average (MA) of 1926.12, below the 50-day MA of 1896.39, and above the 200-day MA of 1568.18, indicating a neutral trend. The MACD of -17.59 indicates Positive momentum. The RSI at 37.04 is Neutral, neither overbought nor oversold. The STOCH value of 7.06 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:FIEMIND.

Fiem Industries Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FIEMIND	75 Outperform	₹47.61B	23.23		1.62%	19.41%	23.67%
SHARDAMOTR	74 Outperform	₹59.88B	17.71		2.51%	0.97%	8.88%
V2RETAIL	61 Neutral	₹60.12B	74.82		―	59.68%	112.51%
Sector *	61 Neutral	$17.22B	11.53	-5.99%	3.08%	1.40%	-15.51%
THANGAMAYL	58 Neutral	₹61.40B	55.39		0.63%	28.28%	-16.65%
RBA	45 Neutral	₹46.07B	―		―	5.21%	10.60%

Fiem Industries Limited Corporate Events

Fiem Industries Limited Concludes 36th AGM with Key Resolutions

Fiem Industries Limited held its 36th Annual General Meeting (AGM) on July 31, 2025, via video conferencing, adhering to regulatory requirements. The meeting covered key resolutions, including the adoption of financial statements, declaration of a final dividend, and re-appointment of directors. The AGM highlighted the company’s financial performance and strategic initiatives, indicating a stable outlook and commitment to shareholder value.

Fiem Industries Concludes 36th AGM with Key Resolutions

Fiem Industries Limited held its 36th Annual General Meeting (AGM) on July 31, 2025, via video conferencing, where the scrutinizer’s report and voting results were presented. The AGM included discussions on resolutions, and the outcomes have been made available on the company’s website, reflecting compliance with regulatory requirements and transparency in shareholder communications.