FIEM Industries Ltd. News and Updates

Name: Latest research reports of FIEM Industries Ltd. authored by Centrum Broking and published by - Trendlyne research reports.
Item: FIEM Industries Ltd.
Rating: 5
Author: Centrum Broking

Keep track of all breaking news on FIEM Industries Ltd. from all sources in a single place.

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FIEM Industries Ltd.

05 Dec 2017

2148.10

-0.72%

FIEM Ind

Buy: FIEM Industries Ltd.

Centrum Broking

We maintain our Buy rating on FIEM Industries with TP of Rs1,260. We expect FIEM's growth to continue aided by strong growth prospects of its two biggest clients namely Honda Motorcycle and Scooter India (HMSI) and TVS Motor. 2QFY18 top-line performance was above estimates as auto segment posted strong growth. Had it not been for issues in LED business, the performance would have looked much stronger. Recently FIEM has faced several issues in its LED business, due to an unfavourable business environment. LED business reported a loss at EBIT level due to declining sales. Despite slightly lower visibility in the LED business, we remain convinced of FIEM's...

Number of FII/FPI investors increased from 98 to 107 in Jun 2025 qtr.

FIEM Industries Ltd.

08 Jun 2017

2148.10

-0.72%

Fiem Industries Ltd: Subdued Performance Reported in FY17; N... (Jun 08, 2017)

Hold: FIEM Industries Ltd.

Recommendation Target

Karvy

Revenue from operations for Fiem Industries in Q4FY17 was recorded at Rs.2451 Mn, marking a growth of 4.1% QoQ. Total revenue for FY17 stood at Rs.10,188 Mn, recording a nominal growth of 3.1% YoY. EBITDA margin for FY17 was recorded at 11.6% registering a dip by 132bps YoY. With the automotive segment growing strongly at 10.4% YoY for FY17, LED segment proved to be a drag for overall performance of the company.

FIEM Industries Ltd. has gained 18.72% in the last 1 Month

FIEM Industries Ltd.

27 Apr 2017

2148.10

-0.72%

Fiem Industries Ltd

Hold: FIEM Industries Ltd.

Target

CD Equisearch

Income from operations amounted to Rs 235.36 crs ($34.9m) in Q3, a degrowth of ~9% 9% over the previous year (Rs 258.59 crs/$39.2m) due to demonetization, which impacted the dispatches of two wheeler industry, thereby reducing order flows from Fiem's major OEM customers, mainly from Honda Motors and Scooters (HMSI).. As a result, PAT of Q3 sharply declined by 42.2% (Rs.9.06 crs/$1.3m vs Rs15.67 crs/$2.4m in the same quarter last year); PAT declined by 8.3% in 9MFY17....

FIEM Industries Ltd. is trading above all available SMAs

FIEM Industries Ltd.

28 Mar 2017

2148.10

-0.72%

Fiem Industries to set up LED lights manufacturing plant in Bahrain

Business Standard

For this purpose, it has formed a JV with VKL Group, promoted by Dr Varghese Kurian, NRI businessman

FIEM Industries Ltd. has gained 18.72% in the last 1 Month

FIEM Industries Ltd.

14 Mar 2017

2148.10

-0.72%

Broker's call: FIEM Ind (Buy)

Business Line

Kotak SecuritiesFIEM Ind (Buy)CMP: 850Target: 1,254FIEM Industries is a leading player in automotive lighting/signalling equipment segment, catering largely to the two wheelers. The company also...

FIEM Industries Ltd. is trading above all available SMAs

FIEM Industries Ltd.

01 Mar 2017

2148.10

-0.72%

Fiem Industries Ltd: Revenue Growth Distorted by Demonetisat... (Mar 01, 2017)

Buy: FIEM Industries Ltd.

Karvy

Revenue Growth Distorted by Demonetisation Flurry; Long Term Growth Story Intact: Revenue from operations for Fiem Industries in Q3FY17 has declined to Rs. 2354 Mn Vs Rs. 2586 Mn in Q3FY16 marking a drop of 9.0% YoY whereas revenue for 9MFY17 has grown at 10.6% YoY. The bland performance in Q3FY17came as a result of the adverse impact of demonetisation on the market demand of two wheelers across the country. EBITDA margin for 9MFY17 was recorded at12.1% registering a fall of 40bps YoY. We have lowered down our revenue estimates from previous valuation and expect the company to register growth in revenueat a CAGR of 16.8% for the period FY16-19E to reach Rs. 15,758 Mn in FY19E. The company expects to yield better results in Q4FY17E QoQ as demonetization pressure is easing faster.

Number of FII/FPI investors increased from 98 to 107 in Jun 2025 qtr.

FIEM Industries Ltd.

19 Oct 2016

2148.10

-0.72%

Fiem Industries Ltd

Hold: FIEM Industries Ltd.

Target

CD Equisearch

Growing at an expeditious pace in the first quarter of this fiscal, the two wheeler market seems to have rejuvenated from the dull volume growth in the last fiscal. Hefty scooter sales (growth of 27.1%) and motorcycles sales (growth of 8.9%), which has been a laggard in recent years, backed the 14.3% growth in the two wheeler segment. Such healthy dispatches in the two wheeler industry particularly scooters of Honda proved opportune to Fiem. The company posted a strong growth of 20.5% in its income from operations in Q1FY17 of Rs 245.18 crs ($36.7m)...

Number of FII/FPI investors increased from 98 to 107 in Jun 2025 qtr.

FIEM Industries Ltd.

07 Oct 2016

2148.10

-0.72%

Fiem Industries hits record high on pact with Japanese firms

Business Standard

The stock hit a record high of Rs 1,260, up 4% on the NSE in early morning trade.

FIEM Industries Ltd. is trading above all available SMAs

FIEM Industries Ltd.

16 Sep 2016

2148.10

-0.72%

Fiem Industry successfully raise Rs 120 crore via QIP

Economic Times

Seven companies have raised about Rs 800 so far this year till August through QIPs compared to 32 companies which raised Rs 19065 crore in 2015.

Number of FII/FPI investors increased from 98 to 107 in Jun 2025 qtr.

FIEM Industries Ltd.

30 May 2016

2148.10

-0.72%

Fiem Industries: focus to be on raising plans

Business Line

The board of directors of Fiem Industries on Monday approved raising up to 120 crore through issue of equity shares via qualified institutional placement /preferential issue to eligible investors.

Number of FII/FPI investors increased from 98 to 107 in Jun 2025 qtr.

Is FIEM Industries Ltd. worth buying?

149 Votes:

Buy 75.84%

Sell 13.42%

Hold 10.74%

New 52W High today

FIEM Industries Ltd. News and Updates

Keep track of all breaking news on FIEM Industries Ltd. from all sources in a single place.