MarketFriction

Fiem Industries Ltd

NSE FIEMIND · BSE 532768 · Auto Components & Equipments
₹1,794.80 -4.41%
NSE close2026-10-01
52 week range1,868.50 - 2,674.80
Market cap₹5,056 Cr.
P/E19.2
Microcap 250 Price band 20% Delivery 54.8%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales509487558578612593639659715690751775
Expenses441422483499532516554569616592642672
Operating Profit68657579817885899998110104
OPM %13%13%13%14%13%13%13%14%14%14%15%13%
Other Income454344966545
Interest000000000021
Depreciation131516151616171719181819
Profit before tax585562666865777885849588
Tax %25%26%25%26%26%27%24%26%25%25%25%26%
Net Profit434046495047595864637165
EPS in Rs16.5315.4017.5618.5819.0617.8622.3621.8524.1924.0826.9924.65
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales9871,0151,2401,4491,3791,2211,5721,8482,0292,4232,8162,932
Expenses8598971,0991,2921,2231,0871,3781,5991,7602,1002,4202,522
Operating Profit127118141157157134194249269322396410
OPM %13%12%11%11%11%11%12%13%13%13%14%14%
Other Income1-9811031116202120
Interest162323221812973234
Depreciation333944495357596359647275
Profit before tax794682878765129189223276341352
Tax %28%28%36%35%9%28%26%26%26%26%25%
Net Profit57335356754794140166205256263
EPS in Rs23.9912.5719.9821.1628.3517.7535.8053.1762.9677.8697.1199.91
Dividend Payout %17%32%23%28%23%45%28%28%32%39%41%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth11%18%15%17%
Compounded Profit Growth16%39%22%25%
Stock Price CAGR13%28%29%-1%
Return on Equity17%20%21%23%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital121213131313131313262626
Reserves2152613974364645125566297488611,0121,189
Borrowings117140225159171127774624232266
Other Liabilities157246234327314269276361268308363420
Total Liabilities5016598709359639209221,0491,0531,2181,4241,701
Fixed Assets334416479554564591547508494496553604
CWIP5126711031552015
Investments008619252121770000
Other Assets1622312983553623083514635547178501,082
Total Assets5016598709359639209221,0491,0531,2181,4241,701
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity821224612512120713692131135233161
Cash from Investing Activity-59-108-198-44-80-46-15-7439-69-86-96
Cash from Financing Activity-22-13173-102-38-118-57-61-55-43-55-84
Net Cash Flow1121-2124363-421152392-19
Free Cash Flow2313-7094716011673765113233
CFO/OP94%111%52%100%89%145%115%66%78%73%94%64%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days384443423720244128353750
Inventory Days384264696056576857605757
Days Payable6596941087673839753565661
Cash Conversion Cycle11-10133204-31231393746
Working Capital Days-19-18-21-6-0-9-15923372947
ROCE %22%25%16%16%17%16%12%21%27%27%28%29%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters66.56%66.56%66.56%58.96%58.96%58.96%58.96%58.96%54.51%54.51%54.51%54.51%
FIIs2.90%2.32%1.99%3.41%3.70%3.22%2.99%4.68%7.19%6.93%6.86%7.03%
DIIs0.86%0.80%1.65%3.18%5.77%6.04%7.05%8.51%10.05%10.87%11.40%11.60%
Public29.68%30.30%29.78%34.45%31.56%31.77%30.98%27.83%28.23%27.68%27.22%26.86%
No. of Shareholders47,96650,28763,85366,47869,66072,85872,09567,89171,85075,78673,82675,296

Fundamentals

Market Cap₹ 5,056 Cr.
Current Price₹ 1,921
Stock P/E19.2
Book Value₹ 462
ROCE29.3 %
ROE22.6 %
Dividend Yield2.08 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)17%
Compounded Profit Growth (TTM)25%
Consolidated figures.
Valuation
Market capRs 4,724 Cr
Enterprise valueRs 4,510 Cr
P/E (TTM)17.96x
Price to book3.89x
Price to sales1.61x
EV / EBITDA10.49x
EV / EBIT12.69x
EV / sales1.54x
Price to cash flow29.29x
Earnings yield5.57%
Dividend yield2.23%
P/E, 3-year average18.58x
P/B, 3-year average3.69x
P/E, 5-year average13.88x
P/B, 5-year average2.67x
Profitability
Operating margin (excl. other income)14.06%
Operating margin (incl. other income)14.80%
EBITDA margin14.67%
Pre-tax margin12.00%
Net profit margin8.97%
Net margin, latest quarter8.37%
ROE22.69%
ROCE29.41%
ROA16.36%
ROE, 3-year average21.36%
ROCE, 3-year average28.09%
ROA, 3-year average15.49%
ROE, 5-year average19.91%
ROCE, 5-year average26.30%
ROA, 5-year average13.87%
ROIC (approx.)26.59%
Tax rate25.14%
Other income / net worth1.71%
Growth
Sales growth (latest year)16.22%
Profit growth (latest year)24.72%
Sales CAGR, 3 years15.07%
Sales CAGR, 5 years18.18%
Profit CAGR, 3 years22.27%
Profit CAGR, 5 years40.49%
Sales growth QoQ3.21%
Profit growth QoQ-8.66%
Sales growth YoY (latest quarter)17.68%
Profit growth YoY (latest quarter)12.80%
Per share
EPS (TTM)Rs 99.91
EPS (latest year)Rs 97.11
EPS (latest quarter)Rs 24.65
EPS, 3-year averageRs 79.31
EPS, 5-year averageRs 83.15
Book value per shareRs 461.64
Sales per shareRs 1,114.03
Cash flow per shareRs 61.28
Free cash flow per shareRs 12.54
Dividend per share (latest year)Rs 40.00
Dividend per share, 3-year averageRs 30.00
Dividend per share, 5-year averageRs 28.00
Dividends
Dividend payout41.19%
Dividend payout, 3-year average37.16%
Dividend payout, 5-year average33.54%
Efficiency
Asset turnover1.66x
Fixed asset turnover4.66x
Inventory turnover7.06x
Inventory days52 days
Debtor days50 days
Debtors turnover7.27x
Creditor days61 days
Cash conversion cycle46 days
Working capital days47 days
Leverage
Total debtRs 66 Cr
Cash and bankRs 280 Cr
Net debtRs -214 Cr
Debt to equity0.05x
Net debt / EBITDA-0.50x
Interest coverage101.00x
Current ratio (filing 2026-03-31)2.61x
Quick ratio (filing 2026-03-31)1.94x
Trade payables (filing 2026-03-31)Rs 286 Cr
Owners' fund to total sources71.45%
Debt to assets3.85%
Cash flow
Cash from Operating Activity (latest year)Rs 161 Cr
Cash from Investing Activity (latest year)Rs -96 Cr
Cash from Financing Activity (latest year)Rs -84 Cr
Net Cash Flow (latest year)Rs -19 Cr
Free cash flow (latest year)Rs 33 Cr
FCFE (approx.: FCF + change in debt)Rs 76 Cr
Cash from ops / profit, 5 years0.87x
Sales to cash flow17.46x
Statement figures
Net sales (TTM)Rs 2,932 Cr
Net sales (latest year)Rs 2,816 Cr
Sales (latest quarter)Rs 775 Cr
Operating profit excl. other income (latest year)Rs 396 Cr
Operating profit (latest quarter)Rs 104 Cr
Other income (TTM)Rs 20 Cr
EBITDA (TTM)Rs 430 Cr
PBDT (TTM)Rs 427 Cr
Profit before tax (TTM)Rs 352 Cr
Tax (latest year)Rs 86 Cr
Net profit (TTM)Rs 263 Cr
Net profit (latest year)Rs 256 Cr
Net profit (latest quarter)Rs 65 Cr
Depreciation (TTM)Rs 75 Cr
Depreciation (latest quarter)Rs 19 Cr
Interest (TTM)Rs 4 Cr
Cost of goods sold (latest year)Rs 1,884 Cr
Total expenditure (latest year)Rs 2,420 Cr
Total income (latest year)Rs 2,836 Cr
Share capitalRs 26 Cr
ReservesRs 1,189 Cr
Shareholders' fundsRs 1,215 Cr
Total assetsRs 1,701 Cr
Net blockRs 604 Cr
Capital work in progressRs 15 Cr
InvestmentsRs 0 Cr
ReceivablesRs 388 Cr
InventoryRs 267 Cr
Other liabilitiesRs 420 Cr
Shares outstanding (crore)2.63
Ownership
Promoter holding54.51% (-4.45 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 18.0 is at the 33th percentile of its own 9.4-year range (median 21.3, low 6.0, high 40.2).
P/B 3.89 is at the 70th percentile (median 2.97).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodFIEMINDNifty 50Difference
1 week-6.4%-2.8% -3.6 pts
1 month-13.9%-6.8% -7.2 pts
3 months-20.6%-7.6% -13.0 pts
6 months-6.1%+0.4% -6.5 pts
1 year-10.7%-9.9% -0.7 pts
2 years+5.5%-13.6% +19.0 pts
3 years+99.7%+14.2% +85.5 pts
5 years+226.4%+27.9% +198.6 pts
22 mutual fund schemes hold about ₹602 Cr. Over three months 14 bought more and 6 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
HDFC Small Cap Fund1.10%460 +14%
HDFC Children's Fund(Lock in)0.39%42 +100%
Bank of India Small Cap Fund0.91%30 -39%
HDFC Transportation and Logistics Fund1.20%25 -4%
ITI Multi Cap Fund0.88%14 -6%
ITI Flexi Cap Fund0.82%13 -10%
Motilal Oswal Nifty Microcap 250 Index Fund0.26%6 +6%
Navi Flexi Cap Fund(Q1.81%5 +7%
Navi Large & Midcap Fund0.68%2 +12%
Shriram Multi Sector Rotation Fund1.04%2 +20%
Navi Aggressive Hybrid Fund1.21%1 +10%
Shriram Flexi Cap Fund0.48%1 +15%
Shriram ELSS Tax Saver Fund0.47%0 +12%
Angel One Nifty Total Market Momentum Quality 50 Index Fund0.12%0 +1%
Groww Nifty Total Market Index Fund0.01%0 +8%
Angel One Nifty Total Market Index Fund0.01%0 +16%
Mirae Asset Nifty Total Market Index Fund0.01%0 +7%
Bandhan Nifty Total Market Index Fund0.01%0 +8%
Motilal Oswal BSE 1000 Index Fund0.01%0 +7%
Samco Multi Cap Fund0.00%0 -100%
JioBlackRock Flexi Cap Fund0.00%0 -100%
Bank of India Multi Asset Allocation Fund0.00%0 -100%

Red flags

F-score 5 of 8
explainReceivables outrunning sales Receivables grew 60% vs sales +16% in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹775 Cr +17.6% vs Jun 2025. Net profit ₹65 Cr +12.1%.
Against our estimate for Jun 2026: sales +0.6%, profit -6.7% miss. Our estimate for Sep 2026: sales Rs 841 Cr, profit Rs 76 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-07-24Dividend - Rs 40 Per Share
2025-07-24Dividend - Rs 30 Per Share
2024-07-24Annual General Meeting/Dividend - Rs 20 Per Share
2024-02-28Bonus 1:10.5000
2023-07-21Annual General Meeting/Dividend - Rs 30 Per Share
2022-08-12Annual General Meeting/Dividend - Rs 20 Per Share
2021-09-13 Annual General Meeting/Dividend - Rs 16 Per Share
2020-09-11 Annual General Meeting/Dividend - Rs 3 Per Share
2020-03-19 Interim Dividend - Rs 10 Per Share
2019-09-12 Annual General Meeting/ Dividend - Rs 4 Per Share
2019-03-26 Interim Dividend - Rs 8 Per Share
2018-09-07 Annual General Meeting/Dividend- Rs 9 Per Share (Date Revised)
2017-08-11 Annual General Meeting/Dividend - Rs 8/- Per Share
2016-09-09 Annual General Meeting/ Dividend - Rs 3/- Per Share
2016-03-17 Interim Dividend - Rs 5/- Per Share (Purpose Revised)
2015-09-16 Annual General Meeting/ Dividend - Rs 7/- Per Share
2014-09-18Annual General Meeting / Dividend - Rs 6/- Per Share
2013-09-12Annual General Meeting / Dividend - Rs 4/- Per Share
2012-09-20Annual General Meeting/Dividend Rs 3 Per Share
2011-09-22Annual General Meeting And Dividend Rs.2.50 Per Share
2010-09-22Annual General Meeting And Dividend Rs.2.50 Per Share
2009-09-22Agm/Div-Rs.2.50 Per Share
2008-09-19Agm/Dividend - 25%
2007-12-07Agm/Dividend-25%
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Fiem Industries Ltd?

Fiem Industries Ltd (FIEMIND) has a market capitalisation of Rs 5,056 Cr. at the 2026-10-01 close.

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

Fiem Industries Ltd trades at a P/E of 19.2 on trailing twelve-month profit, at the 2026-10-01 close.

What were Fiem Industries Ltd's latest quarterly results?

In the Jun 2026 quarter, Fiem Industries Ltd sales was Rs 775 Cr (+17.6% vs Jun 2025) and net profit was Rs 65 Cr.

What is the 52-week high and low of Fiem Industries Ltd?

The 52-week high is Rs 2,674.80 and the 52-week low is Rs 1,868.50.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03