Fiem Industries Limited has informed the Exchange about Transcript
FIEMIND · price
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Fiem Industries reported a strong FY25 with revenue of INR 2,404.96 crores (up 19.39% YoY) and a record PAT of INR 204.14 crores (up 23.09% YoY). EBITDA margin stood at 13.34% for the full year, with LED contributing 59.3% of lighting revenue versus 52% last year. The 2-wheeler industry grew 11% while Fiem outpaced with 20% growth, driven by new model wins with Honda Activa EV (single source with 71% share of business), Yamaha, Royal Enfield, Hero Xtreme 250, and TVS. In 4-wheelers, the company started LED license plate lamp production for Mahindra and won 3 new projects for the Bolero, while receiving appreciation from Mercedes Germany for a headlamp order. The company has an RFQ pipeline of INR 700 crores for the 4-wheeler business, 100+ projects under development (100% LED), and 40+ EV customers. The Board recommended a record 300% dividend (39% payout), and capex for FY25 was INR 138.28 crores.
Positive for shareholders — record profits, highest-ever dividend, and visible multi-year growth runway through 4-wheeler expansion, new OEM wins, and LED penetration tailwinds. Management's 15-20% revenue growth guidance for the next 3-5 years and INR 400+ crore capex plan over 3-4 years signal confidence, though near-term margins may stay range-bound as the company continues to invest in electronics, R&D, and 4-wheeler capabilities.