Fiem Industries Limited
Quick Take
- • Trading at 19.4× trailing earnings (14.5× forward)
- • Strong ROE at 21.6%
- • Low leverage (D/E 0.05)
- • Attractive dividend yield of 2.06%
- • Operating margin 11.0% · Net margin 9.0%
- • Profit growth +12.80% YoY · Beta 0.46
About the company
From latest AR & concallFiem Industries Limited, together with its subsidiaries, manufactures and supplies automotive components in India and internationally. It operates in two segments, Automotive and Others. The company offers automotive lighting and signaling equipment, rear-view mirrors, prismatic mirrors, plastic moulded parts, bank angle sensors, and canister and sheet metal components for motorized vehicles. It also provides LED luminaries, including indoor and outdoor lighting, display panels, and LED integrated passengers information system. The company serves original equipment manufacturers. It exports its products. The company was formerly known as Rahul Auto Private Limited and changed its name to Fiem Industries Limited in May 1992. Fiem Industries Limited was incorporated in 1989 and is based in Gurugram, India.
