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Last Updated on: 25 July, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Fundamental Analysis of Fiem Industries Ltd

About the Company - Fiem Industries Ltd

FIEM Industries Ltd. is a Public Limited Listed company incorporated on 06/02/1989 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L36999DL1989PLC034928 and registration number is 034928. Currently Company is involved in the business activities of Manufacture of parts and accessories for motor vehicles. Company’s Total Operating Revenue is Rs. 1572.26 Cr. and Equity Capital is Rs. 13.16 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Auto Ancl - Equipment LampD�5, Mansarover Garden, New Delhi Delhi 110015investor@fiemindustries.com
http://www.fiemindustries.com
Management
NamePosition Held
Mr. J K JainChairman & Managing Director
Mr. Rahul JainJoint Managing Director
Mr. Rajesh SharmaJoint Managing Director
Mr. Kashi Ram YadavWhole Time Director
Ms. Aanchal JainWhole Time Director
Mr. Vineet SahniDirector & CEO
Mr. Mohan Bir SahniIndependent Director
Mr. S K JainIndependent Director
Mr. V K MalhotraIndependent Director
Mr. Jawahar ThakurIndependent Director
Mr. Ashok Kumar SharmaIndependent Director
Ms. Shobha KhatriIndependent Director
Mr. Pawan Kumar JainIndependent Director

Basic Stock Data of Fiem Industries Ltd

Last Updated: July 24, 2024, 11:20 pm

Market Cap 3,532 Cr.
Current Price 1,343
High / Low1,407/822
Stock P/E21.3
Book Value 337
Dividend Yield1.49 %
ROCE26.6 %
ROE20.1 %
Face Value 10.0
PEG Ratio1.44

Data Source: screener.in

Fiem Industries Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales374358421275419389490445525442436475509
Expenses322317367244368342425388453382376414441
Operating Profit53425531514765567260606168
OPM %14%12%13%11%12%12%13%13%14%14%14%13%13%
Other Income-3120111123544
Interest3332223222220
Depreciation14141614141318161616161413
Profit before tax33263815363245405745474858
Tax %25%25%30%26%26%27%25%27%28%30%19%26%25%
Net Profit24202811262334294132383643
EPS in Rs18.5915.0821.298.2820.0117.6425.6222.1230.9824.2628.9026.9833.04

Last Updated: July 10, 2024, 5:00 pm

Fiem Industries Ltd Quarterly Chart

Fiem Industries Ltd Profit & Loss

Last Updated: July 10, 2024, 5:00 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales5356057198249871,0151,2401,4491,3791,2211,5721,8481,862
Expenses4675356317218598971,0991,2921,2231,0871,3781,5991,613
Operating Profit687088103127118141157157134194249249
OPM %13%12%12%12%13%12%11%11%11%11%12%13%13%
Other Income00111-9811031116
Interest21131412162323221812976
Depreciation17182231333944495357596360
Profit before tax30395361794682878765129189199
Tax %30%30%29%30%28%28%36%35%9%28%26%26%
Net Profit2128374257335356754794140149
EPS in Rs17.6723.1731.1635.5147.9325.1139.9442.2956.6635.4871.55106.26113.18
Dividend Payout %17%17%19%20%17%32%23%28%23%45%28%28%

Fiem Industries Ltd Profit & Loss Yearly Chart

Fiem Industries Ltd Growth

Compounded Sales Growth
10 Years:11%
5 Years:7%
3 Years:18%
TTM:10%
Compounded Profit Growth
10 Years:16%
5 Years:24%
3 Years:50%
TTM:18%
Stock Price CAGR
10 Years:16%
5 Years:46%
3 Years:51%
1 Year:45%
Return on Equity
10 Years:16%
5 Years:16%
3 Years:19%
Last Year:20%

Last Updated: July 25, 2024, 5:01 am

Fiem Industries Ltd Balance Sheet

Last Updated: July 10, 2024, 5:00 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital12121212121313131313131313
Reserves132156185215261397436464512556629748787
Borrowings16313411911714022515917112777462423
Other Liabilities112131139157246234327314269276361268323
Total Liabilities4184334555016598709359639209221,0491,0531,147
Fixed Assets282293313334416479554564591547508494488
CWIP110512671103159
Investments0000086192521217700
Other Assets136139142162231298355362308351463554650
Total Assets4184334555016598709359639209221,0491,0531,147

Fiem Industries Ltd Reserves and Borrowings Chart

Fiem Industries Ltd Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity 7177821224612512120713692131135
Cash from Investing Activity -28-41-59-108-198-44-80-46-15-7439-69
Cash from Financing Activity -47-36-22-13173-102-38-118-57-61-55-43
Net Cash Flow-401121-2124363-4211523

Fiem Industries Ltd Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days423938444342372024412835
Inventory Days483538426469605657685760
Days Payable7465659694108767383975356
Cash Conversion Cycle16911-10133204-3123139
Working Capital Days-1-4-3-12359-9-5122337
ROCE %17%22%22%25%16%16%17%16%12%21%27%

Fiem Industries Ltd Financial Efficiency Indicators Chart

Fiem Industries Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters66.56%66.56%66.56%66.56%66.56%66.56%66.56%66.56%66.56%66.56%66.56%66.56%
FIIs9.05%9.74%10.45%10.78%4.00%5.55%5.97%3.92%3.94%2.90%2.32%1.99%
DIIs0.00%0.35%0.19%0.21%0.98%0.82%0.93%0.80%0.81%0.86%0.80%1.65%
Public24.39%23.35%22.80%22.45%28.46%27.06%26.51%28.73%28.68%29.68%30.30%29.78%
No. of Shareholders21,08033,67939,09039,98336,08934,89237,14440,36942,17047,96650,28763,853

Fiem Industries Ltd Shareholding Pattern Chart

No. of Fiem Industries Ltd Shareholders

Fiem Industries Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Motilal Oswal Nifty Microcap 250 Index Fund4,3060.160.764,3062024-07-230%
Groww Nifty Total Market Index Fund100.0104,3062024-07-23-99.77%

Fiem Industries Ltd ROCE Trend

Fiem Industries Ltd EPS Trend

Fiem Industries Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)62.96106.2671.5535.4856.66
Diluted EPS (Rs.)62.96106.2671.5535.4856.66
Cash EPS (Rs.)85.29154.46117.2679.14100.22
Book Value[Excl.RevalReserv]/Share (Rs.)336.98578.40488.02432.64399.19
Book Value[Incl.RevalReserv]/Share (Rs.)336.98578.40488.02432.64399.19
Revenue From Operations / Share (Rs.)770.821404.321194.74927.941048.22
PBDIT / Share (Rs.)108.15197.15149.36104.10120.52
PBIT / Share (Rs.)85.87148.97104.5360.6180.09
PBT / Share (Rs.)84.75143.3398.0049.3566.00
Net Profit / Share (Rs.)63.00106.2972.4235.6559.79
NP After MI And SOA / Share (Rs.)62.96106.2671.5535.4856.66
PBDIT Margin (%)14.0314.0312.5011.2111.49
PBIT Margin (%)11.1310.608.746.537.64
PBT Margin (%)10.9910.208.205.316.29
Net Profit Margin (%)8.177.566.063.845.70
NP After MI And SOA Margin (%)8.167.565.983.825.40
Return on Networth / Equity (%)18.6818.3714.668.2014.19
Return on Capital Employeed (%)24.1123.9119.3312.1416.18
Return On Assets (%)13.5913.278.985.068.10
Long Term Debt / Equity (X)0.000.000.010.030.11
Total Debt / Equity (X)0.000.000.030.030.11
Asset Turnover Ratio (%)1.791.761.591.321.46
Current Ratio (X)2.462.281.541.231.06
Quick Ratio (X)1.741.530.990.790.57
Inventory Turnover Ratio (X)6.546.216.495.985.85
Dividend Payout Ratio (NP) (%)23.8218.8222.368.4524.70
Dividend Payout Ratio (CP) (%)17.5912.9513.743.7914.41
Earning Retention Ratio (%)76.1881.1877.6491.5575.30
Cash Earning Retention Ratio (%)82.4187.0586.2696.2185.59
Interest Coverage Ratio (X)96.8834.9122.8811.778.98
Interest Coverage Ratio (Post Tax) (X)57.4319.8212.095.305.50
Enterprise Value (Cr.)2795.121875.531137.29643.76341.80
EV / Net Operating Revenue (X)1.381.010.720.520.24
EV / EBITDA (X)9.827.235.794.702.15
MarketCap / Net Operating Revenue (X)1.481.110.750.590.24
Retention Ratios (%)76.1781.1777.6391.5475.29
Price / BV (X)3.382.701.841.290.63
Price / Net Operating Revenue (X)1.481.110.750.590.24
EarningsYield0.050.060.070.060.22

Fiem Industries Ltd Profitability Ratios (%)

Fiem Industries Ltd Liquidity Ratios

Fiem Industries Ltd Liquidity Ratios (%)

Fiem Industries Ltd Interest Coverage Ratios (%)

Fiem Industries Ltd Valuation Ratios

Fair Value

Fair Value: 1,464.30

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 9.03% compared to the current price 1343

Intrinsic Value: 1,681.62

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 25.21% compared to the current price 1343

Last 5 Year EPS CAGR: 14.84%

*Investments are subject to market risks

Strength and Weakness of Fiem Industries Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 17.58%, which is a positive sign.
  2. The stock has a low average Working Capital Days of 4.58, which is a positive sign.
  3. The company has higher reserves (451.67 cr) compared to borrowings (113.50 cr), indicating strong financial stability.
  4. The company has shown consistent growth in sales (282.92 cr) and profit (88.15 cr) over the years.
  1. The stock has a high average Cash Conversion Cycle of 12.08, which may not be favorable.

FAQ

What is the latest fair value of Fiem Industries Ltd?

The latest fair value of Fiem Industries Ltd is ₹1464.30.

What is the Market Cap of Fiem Industries Ltd?

The Market Cap of Fiem Industries Ltd is 3,532 Cr..

What is the current Stock Price of Fiem Industries Ltd as on 25 July 2024?

The current stock price of Fiem Industries Ltd as on 25 July 2024 is 1,343.

What is the High / Low of Fiem Industries Ltd stocks in FY 2024?

In FY 2024, the High / Low of Fiem Industries Ltd stocks is 1,407/822.

What is the Stock P/E of Fiem Industries Ltd?

The Stock P/E of Fiem Industries Ltd is 21.3.

What is the Book Value of Fiem Industries Ltd?

The Book Value of Fiem Industries Ltd is 337.

What is the Dividend Yield of Fiem Industries Ltd?

The Dividend Yield of Fiem Industries Ltd is 1.49 %.

What is the ROCE of Fiem Industries Ltd?

The ROCE of Fiem Industries Ltd is 26.6 %.

What is the ROE of Fiem Industries Ltd?

The ROE of Fiem Industries Ltd is 20.1 %.

What is the Face Value of Fiem Industries Ltd?

The Face Value of Fiem Industries Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Fiem Industries Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE