India · Delayed Price · Currency is INR Fiem Industries Earnings Call Transcripts
Fiscal Year 2027
-
Q1 FY27 sales rose 18.62% YoY to ₹759.9 crore, with EBITDA margin at 13.52% and PAT up 16.31%. FY27 guidance is 15%-20% revenue growth and ~14% EBITDA margin, while four-wheeler scale-up shifts into FY28.
Fiscal Year 2026
-
FY26 delivered record sales and PAT, with a 14.09% EBITDA margin and rising LED mix. Guidance remains 15%-20% revenue growth and 14%+ EBITDA margin; four-wheeler revenue is expected to scale materially in FY28.
-
Q3 sales rose 16.22% YoY and EBITDA margin reached a record 14.25%; PAT increased 33.83%. Management targets 15%–20% organic growth and 14%+ margins, with capacity investment and new four-wheeler and electronics opportunities.
-
Q2 sales reached a record ₹711.42 crore and PAT hit ₹63.78 crore, with EBITDA margin at 13.93%. FY27 revenue-growth guidance remains 15%–20%, supported by two-wheeler demand, new launches and a growing four-wheeler pipeline.
-
Q1 FY26 sales grew 13.16% and PAT 13.92% YoY. Management maintained 15%-20% organic growth guidance, with rising LED penetration and four-wheeler expansion as key drivers.
Fiscal Year 2025
-
FY25 net sales rose 19.39% and PAT 23.09%, with two-wheeler growth outpacing the market. Investment in R&D, electronics and four-wheelers supports future growth, while margins are expected to remain broadly stable.
-
Q3 sales rose 22.15% YoY and PAT increased 17.64%, with LED lighting reaching 61% of automotive lighting. Management expects continued two-wheeler momentum, while expanding electronics and four-wheeler entry; Gogoro plans remain paused amid global headwinds.
-
Q2 sales rose 20.08% YoY to INR 607.45 crore and PAT grew 18.9%, with EBITDA margin at 13.21%. Management maintained 13%-14% margin guidance and capacity-expansion plans, while EV weakness and the uncertain Gogoro rollout remain risks.
-
Q1 FY25 revenue rose 21.86% YoY and PAT grew 35.02%, with EBITDA margin at 13.73%. Management expects sustained demand and is investing in capacity, R&D, and passenger-car opportunities.
Fiscal Year 2024
-
FY24 sales rose 9.83% to INR 2,014.37 crore and PAT increased 18.77% to INR 165.84 crore. FY25 organic growth guidance is 12%-15%, with investment and new passenger-car, hub-motor and lighting opportunities supporting longer-term expansion.
-
Q3 FY24 sales rose 10.32% YoY and PAT 25.86%, while EBITDA margin eased to 13.35%. A European full-LED headlamp order marks entry into passenger cars; management expects stronger FY25 growth and rising LED share.
-
Q2 sales rose 7.47% QoQ and PAT increased 15%; H1 PAT grew 12.64% YoY. Management expects stronger H2, supported by two-wheeler recovery, new model launches and EV programs.
-
Q1 FY24 sales rose 6.5% and PAT 19.67% YoY, while EBITDA margin was 13.1%. New vehicle programs and EV/LED growth support the outlook; the Rai fire was insured and production resumed within three days.