Fiem Industries has fixed Friday, July 24, 2026, as the record date to determine member eligibility for the final dividend for the financial year 2025-26, if declared at the upcoming Annual General Meeting. The company announced that its 37th Annual General Meeting will be held on Friday, July 31, 2026, at 10:30 a.m. through Video Conference (VC) or Other Audio Visual Means (OAVM). The advance notice for the meeting was published in newspapers on June 22, 2026.

The meeting is being conducted via VC/OAVM in compliance with Ministry of Corporate Affairs General Circular No. 03/2025 dated September 22, 2025, and the relevant provisions of the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Members participating through the VC/OAVM facility will be counted for the purpose of reckoning the quorum under Section 103 of the Companies Act, 2013.

The notice of the AGM and the Annual Report for the financial year 2025-26, including financial statements for the year ended March 31, 2026, will be sent via email to members whose email addresses are registered with the company or their depository participants. Members holding shares in physical form or those without registered email addresses will receive a letter via ordinary post containing a web-link and QR code to access the documents.

Key AGM Details

Pursuant to Regulation 42 of the Listing Regulations, the record date has been set to identify members entitled to the final dividend on equity shares for FY 2025-26. The company stated that payment of dividends to members holding shares in physical form will be made electronically, provided they have furnished their Permanent Account Number, contact details, bank account details, and specimen signature with the company or its Registrar and Transfer Agent, MUFG Intime India Pvt Ltd.

Members will have the opportunity to cast votes through a remote e-voting system or during the AGM via the e-voting system. Login credentials for e-voting will be sent via email; members who do not receive credentials can generate them by following instructions in the AGM notice. Voting rights will be proportionate to shareholders' holdings in the paid-up equity share capital as on the cut-off date of July 24, 2026.

The company also noted that dividend income is taxable in the hands of members under the Income Tax Act, 2025, and tax at source will be deducted at the prescribed rate. Members are requested to update their residential status, PAN, and category with their depository participants or the RTA, and submit applicable forms such as Form 121/41 if required.

Fiem Industries Limited reported its strongest financial performance to date for the full year FY26, driven by robust growth in the two-wheeler industry and a strategic shift towards LED lighting. The company achieved a record profit after tax (PAT) of INR253.87 crores, marking an increase of 24.36% compared to INR204.14 crores in the previous year. Revenue from operations grew by 16.04% to INR2,790.65 crores from INR2,404.96 crores in FY25. The Board has recommended a final dividend of 400%, or INR40 per share, amounting to INR105.28 crores.

The earnings call, held on June 1, 2026, highlighted that the EBITDA margin reached a record 14.09%, up from 13.34% in the prior year, supported by operating leverage and integrated manufacturing models. For the fourth quarter of FY26, the company registered sales of INR744.35 crores, a growth of 17.44% year-on-year, with Q4 PAT rising 22.36% to INR70.59 crores. LED lighting now constitutes 63% of total automotive lighting revenue, up from 60% in previous years.

Financial Performance

Operational Highlights

Management attributed the record performance to strong customer relationships and resilience in the business model amidst geopolitical tensions and cost pressures. The two-wheeler industry production volumes grew approximately 12% to an all-time high of 26.7 million units. Fiem expanded its presence with key OEMs, including TVS, Honda, and Royal Enfield, and secured approval for a new EV platform with Hero. The company also commenced fulfilling orders for Mahindra & Mahindra in the four-wheeler segment.

Future Outlook

Looking ahead to FY27, the company remains optimistic about maintaining a revenue growth rate of 15% to 20% and an EBITDA margin of around 14%. The four-wheeler business is projected to generate revenue between INR100 crores and INR150 crores in FY27, scaling up to INR200 crores to INR250 crores in FY27-28. Fiem plans to invest approximately INR200 crores in capex over the next two years, having spent INR108.31 crores in FY26. Additionally, the company is advancing its green power initiatives, with 65% of energy needs at its Hosur facility met through solar power.