Indian Automobile Industry – The Indian automobile sector is one of the largest at global level and with plays important role in growth of country. This industry includes production of commercial vehicles, passenger vehicles, three-wheelers, two-wheelers, and off-highway vehicles with a variety of companies by making huge contribution in development. Moreover, the Indian auto component sector encourages this industry by supplying important parts and systems and has appeared as hub at international level for automotive components. The Indian automobile sector has shown consistent led by factors such as increasing disposable incomes, favourable government policies, urbanization. The sector is the major contributor to the country’s GDP, exports, and employment. There is a shift towards durability with huge investments in Electric Vehicles (EVs) and hybrid technologies.
Indian auto component industry – The Indian auto component sector is important to automobile segment by distributing huge variety of products, including body parts, automotive lighting, engine components, brake systems, transmission parts, and electrical parts and more. This industry has observed growth along with the automobile sector, receiving benefits from technological improvement and requirements growth. The industry has observed huge progress in technology with focusing on research and development and improvement in technology. The adoption of industry rules such as robotics, automation, and IoT has improved productivity and best quality.
The Indian automotive and auto component industry are very old started their journey with baby steps has evolved has major contributor of automotive landscape at world level. The co-ordination among these sectors has led to improvement in technology, employment, and economic growth. As industry manages challenges and takes benefit of opportunities, the future assures huge growth and employment with main focus on durability and worldwide competition. The government encourages policies and adoption of industry will play important role in shaping next stage of growth.
Indian automobile industry FY 23-24 – The launch of new models with modern features and increasing choice for electric vehicles has played major role. The increment in availability of semiconductors which has earlier disrupted distribution channels to ensure smooth production process. Moreover, sale in festivals as increased spending of consumer spending. Due to this, the production of passenger vehicle increased from 4.02 million units in FY 22-23 to 4.32 million units in FY 23-24 by observing growth of 7.5%. The two-wheeler segment observed huge growth. The production of two-wheelers increased from 19.4 million units in FY 22-23 to 21.4 million units in FY 23-24 showing growth rate of 10%.
The Indian two-wheeler sector is main component of India’s automotive segment, which plays important role in transportation of people. Due to increasing demand of personal transportation, urbanization, and economic growth, the two-wheeler market has observed huge growth. In past few years, the sector has observed shift towards electric two-wheelers led by environmental issues, modern technology and encourage government policies. The automobile industry plays key role in overall manufacturing sector and contributes major part of industry.
The increasing requirement of personal transportation and growth in economic activities, the sale of vehicle is forecasted to grow. The increased adoption of electric vehicles is gaining adoption encouraged by government schemes and increasing EV infrastructure. In this article, we will learn interesting information about Fiem Industries Ltd Share Price Target, market cap, ROCE, ROE, revenue, promoter, shareholding pattern, net profit, and established.
Fiem Industries Ltd – Key Points
Name of the promoter
Mr. Jagjeevan Kumar jain
Industry
Autocomponents
Established
1989
Headquarters
New Delhi
Employees
1220
Long term loan
No loan
Fiem Industries Ltd – Statistics
Market cap
Rs 3,807 crores
ROCE
26.6%
ROE
20.1%
Book value
Rs 354
Face value
Rs 10
Stock PE
19.8
About Fiem Industries Ltd
The company is one of the top manufacturer of wide variety automotive lighting, sheet metal, signaling equipment, and plastic moulded parts in India and integrated Canister and bank angle sensors under technical partnerships. The company is top supplier of Tier-1 Automotive lighting and rear view mirrors and fulfills requirement of OEMs not only in India but also export in foreign countries like Asia, Europe, Japan, USA, etc.
The company distributes automotive lighting and rear view mirrors to passenger vehicles, commercial vehicles, tractor segments, and off-highway. Moreover, the major portion of revenue is generated from two-wheeler segment which includes appearing electric-two wheeler sector. The R&D centre of company is India acknowledged by DSIR, Ministry of Science and Technology, Government of India. Moreover, company’s design centre is located in Italy with modern software technology installed and testing facilities with designers with huge experience and knowledge. The company is top suppier of automotive lightings, the ceompany provides wide variety of product baskets with advanced technology and design solutions.
The company has 9 manufacturing units spread across main auto hubs in India and located in kundli, Haryana (unit-1), Sonepat, Hosur, Tamil Nadu (unit-2, 3 and 5), Nalagarh, Mysore, Karnataka (unit-4), Karsan Pura, Tapukara, Rajasthan (unit- 8), Ahmedabad, Himachal Pradesh (unit-6). The company has faster growth in EV-OEMs and EV segment and working with all major EV-OEMs and integrating more EV-OEMs to list of customers. The company has huge conviction that two-wheeler segment will shift into Electric-2W at huge speed will be future of two-wheeler segment and maintain sustainability and green mobility.
The company’s products i.e. automotive lighting and rear-view mirrors are important for both EVs and ICE (Internal Combustion Engine) two-wheelers, the company is shifting towards EVs with good approach.
Automotive Lighting and Signalling Equipments – The company produces large variety of LED, Tail lamps, Blinker Lamps, conventional head lamps, fog lamps, interior lamps, warning triangles for two, three, and four-wheelers. Lighting is important part of vehicle from safety point of view, functionality along with aesthetics. It is important for vehicle safety and that of other users. The improvement in automotive lighting is consistent process and at present is observing huge growth in consumption of LED. If we compared to traditional bulbs, Led lighting provides huge possibilities for design and growth for safety, features along with attractive lamps.
Rear View Mirrors (RVM) – The company’s second most selling product segment is rear view mirror which is supplied to major OEM customers. The company is main distributor of Rear View Mirror requirements. The company has latest mirror manufacturing factory across 4 units where cleaning, coating, profile cutting, grinding, washing, and painting are done. The company has added injection moulding machines and rod-making units in-house. The major part of sub-components are collected in assembly lines to complete entire process of assembling and testing under one roof.
Plastic Moulded Parts – Along with manufacturing moulded parts for Automotive lighting and Signalling Equipments and Rear-View Mirrors, the company also produces and distributes plastic parts as finished parts for two wheelers, side covers, rear fenders, seat bases, floor panels, handlebars, and many others. The company has added modern injection moulding machines across 9 factories with a range from 50 tonnes to 1400 tonnes with a production capacity of making parts weighing from 20 grams to 2.5 Kgs.
The company is ready to improve in future by taking long steps of development by presenting products based modern technology in automotive lighting for passenger cars and two-wheelers. The company is supported by strong in-house R&D, creating designs with systematically located advanced manufacturing units, the company is looking to attain top position in future of mobility. The company has made strong commitment to achieve best quality products and cautious, the company offers best quality products that integrates improvement, quality and smoothness assuring that they remain ahead in automotive lighting sector.
OEMs customer
2-Wheeler (Domestic OEMs)
Yamaha, TVS, Suzuki, Honda, Royal Enfield Hero, Mahindra
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Fiem Industries Ltd Share Price Target – 2025 to 2040
Year
Minimum price (Rs)
Average price (Rs)
Maximum price (Rs)
2025
1446
1526
1605
2026
1620
1716
1812
2027
1846
1955
2045
2028
2086
2210
2334
2029
2357
2537
2716
2030
2758
2941
3124
2035
5517
5682
5846
2040
11033
12643
14253
Fiem Industries Ltd Share Price Target – 2025
If market observes bearish sentiments, the minimum projected price is anticipated to hit Rs 1446. The average trading price is projected to hit Rs 1526 at the mid of the year. If market observes bullish signals, the maximum forecasted price is estimated to touch Rs 1605. The company’s deep internal research and knowledge in Led technology has encouraged to present various variety of LED lamps customized for two-wheelers. The company is observed as top distributor to two-wheeler OEMs, the company provides modern LED automotive lighting solutions including headlights, taillights, daytime running lights, and directional indicator lights.
Fiem Industries Ltd Share Price Target – 2026
If market faces bullish sentiments, the minimum projected price is anticipated to touch Rs 1620. The average trading price is projected to hit Rs 1716 at the mid of the year. If market observes bullish sentiments, the maximum projected price is estimated to hit Rs 1812. This strong achievement highlights its commitment to improvement and best quality products in fulfilling requirements of automotive sector. The company gives importance to modern technology which leds to R&D efforts to build affordable, environment friendly solutions for two-wheelers. The company has strong passion to attain top position by modernizing in compact, cost-efficient that fulfills market needs for safe driving.
Fiem Industries Ltd Share Price Target – 2027
If market observes downward signals, the minimum forecasted price is estimated to hit Rs 1846. The average trading price is projected to hit Rs 1955 at the end of year. If market observes bullish signals, the maximum projected price is estimated to hit Rs 2045. The company conducts strong research to consistently develop better products and launch new products and modern technology that improve quality and generate respect from valuable OEM customers. The company has developed in-house R&D unit at Rai Plant given recognition by Indian government, Department of Science and Industrial Research, Ministry of Science and Technology.
Fiem Industries Ltd Share Price Target – 2028
If market faces bearish sentiments, the minimum projected price is estimated to hit Rs2086. The average trading price is projected to hit Rs 2210 at the mid of the year. If market observes bullish signals, the maximum projected price is expected to hit Rs 2334. The company has strong committment to provide modern design solutions and adoption of modern technologies with a lean manufacturing process to provide best quality products for Automobiles to make driving faster. The automotive sector has shown huge growth due to which company has made invesment in R&D department at Fiem Research and Technology in Japan, Italy, and India to develop strong Electronics department along with testing and validation facilities.
Fiem Industries Ltd Share Price Target – 2029
If market faces bearish sentiments, the minimum projected price is estimated to hit Rs2357. The average trading price is projected to hit Rs 2537 at the mid of the year. If market observes bullish signals, the maximum forecasted price is estimated to hit Rs 2716. The company has developed strong presence in two-wheelers, the company is giving priority to passenger vehicles, off-highway vehicles, commercial vehicles, and has increased with new design office in Pune to fulfill vision and work accurately on advance technologies, metamaterials, plasmonics, and laser lighting. The company has increased its product portfolio by increasing range of products like Hub Motor Assembly and Motor Controller Unit to build strong footprint in EV market along with automotive lighting, plastic parts, sheet metal parts, rear view mirrors.
Fiem Industries Ltd Share Price Target – 2030
If market faces bearish signals, the minimum forecasted price is estimated to hit Rs2758. The average trading price is projected to hit Rs 2941 at the mid of the year. If market observes bullish signals, the maximum forecasted price is estimated to hit Rs 3124. The company has also installed latest Photometric testing unit at all its factories and other test equipment like Electrodynamic Vibration Shaker, Weiss-Climate Test Chamber. The company gives full importance to buid best quality products. The quality management team have huge skills and work accurately to assure that every product meet strict guidelines. The company gives priority to offer best quality products to fulfill expectations of customers developing strong position as top player in automotive manufacturer.
Fiem Industries Ltd Share Price Target – 2035
If market observes downward sentiments, the minimum projected price is estimated to hit Rs 5517. The average trading price is projected to hit Rs 5682 at the mid of the year. If market observes bullish sentiments, the maximum forecasted price is expected to reach Rs 5846. The company supports employees to build healthy work-life balance and has presented growth policies and programs. Through out the year, industrial relations are genuinely maintained across factories and offices. The employees of company are given proper depth training to deliver best quality product and maximize output.
Fiem Industries Ltd Share Price Target – 2040
If market observes downward sentiments, the minimum projected price is estimated to hit Rs 11033. The average trading price is projected to hit Rs 12643 at the mid of the year. If market observes bullish sentiments, the maximum forecasted price is expected to hit Rs 14253. The company has consistently given importance to energy consumption across all factories and office locations. By consistently updating and replacing equipment, the company assures energy smoothness remains priority vision. The company completed design process and submitted samples of photo by taking benefit of in-house development teams. This strong achievement has become recognition for company.
FAQs
Q1) Who is the owner of Fiem Industries Ltd?
Ans – Theowner of Fiem Industries Ltd is Mr. Jagjeevan Kumar Jain.
Q2) What is the old name of Fiem Industries Ltd?
Ans – Theold name of Fiem Industries Ltd is Rahul Auto Private Limited.
Q3) What is the turnover of Fiem Industries Ltd?
Ans – The turnover of Fiem Industries Ltd in FY-13 was Rs 605 crores which has increased to Rs 2029 crores in FY-24.
Q4) Who are the Clients of Fiem Industries Ltd?
Ans – TheClients of Fiem Industries Ltd are: Honda, TVS, Yamaha, Suzuki, Harley Davidson, and Ola Electric.
Q5) Which sector is Fiem Industries Ltd?
Ans – The company is engaged in manufacturing and supplying of auto compoenets such as automotive lighting, rear view mirror, sheet metal, plastic sheets, signaling equipments to OEMs.
Q6) Is Fiem Industries Ltd a debt-free company?
Ans – Yes,Fiem Industries Ltd is a debt-free company. The Long-term and Short-term borrowings is Rs 0. The company does not have any debt.
Q7) Is Fiem Industries Ltd a a good share to buy?
Ans – The net profit of company in FY-13 was Rs 28 crores which ahs increased to Rs 166 crores in FY-24. The share price of company in FY-2006 was Rs 54 which has increased to Rs 1432 in FY-25 generating returns of almost 2,538.17% returns in past 18 years.
