Fiem Industries Limited , a leading automotive lighting and signaling equipment manufacturer, has reported stellar financial results for the second quarter, driven by robust demand from key OEM customers and expansion in the four-wheeler segment.

Record-Breaking Performance

The company achieved its highest-ever quarterly sales of INR 711.00 crores, marking a significant 17% year-on-year growth. Profit After Tax (PAT) surged by 28% to reach INR 64.00 crores, underscoring the company's strong financial health and operational efficiency.

Key Growth Drivers

Fiem Industries' impressive performance can be attributed to several factors:

1. Strong OEM Demand: The company experienced robust demand from key customers such as TVS, Royal Enfield, and Yamaha.

2. Four-Wheeler Business Expansion: Fiem secured new orders from Mahindra for various lamp components across popular models like Scorpio, Thar, and XUV700.

3. Operational Efficiency: The company maintained a healthy EBITDA margin of 13.93%, reflecting its ability to manage costs effectively while driving growth.

Financial Highlights

New Product Launches and Technological Advancements

Fiem Industries continues to innovate and expand its product portfolio:

1. Hero MotoCorp Collaboration: The company is supplying projector headlamps for the refreshed Hero Glamour X 125 and winker lamps for Hero Glamour and Xtreme models.

2. TVS Norton Partnership: Fiem has developed advanced headlamps and taillamps featuring animation and CAN-based system technology for TVS Norton models showcased at the recent Milan show.

3. Yamaha Innovations: The company is providing LED headlamps and taillamps for Yamaha's new Tracer 7 model in Europe and the XSR 155 and first EV model in India.

Four-Wheeler Segment Progress

Fiem Industries is making significant strides in the four-wheeler segment:

1. Expanded Product Range: The company has progressed from license plate lamps to high-mounted stop lamps for Mahindra's Bolero and Scorpio models.

2. New Business Wins: Fiem has secured orders for reflex reflectors and fog lamps for the XUV700 refresh model, as well as side repeater lamps for the Bolero series.

3. Future Growth: The company is actively working on RFQs from other four-wheeler manufacturers, including Force Motors and Mercedes.

Outlook

With a strong order book, improving operational efficiency, and continued focus on technology and quality, Fiem Industries is well-positioned for sustained growth. The company remains committed to outperforming the industry and is actively investing in research and development to stay at the forefront of automotive lighting technology.

As the automotive industry continues its upward trajectory, Fiem Industries is poised to capitalize on the growing demand for advanced lighting solutions in both the two-wheeler and four-wheeler segments.

Fiem Industries Limited , a leading manufacturer of automotive lighting and signaling equipment in India, has reported robust financial results for the first half of fiscal year 2026 (H1FY26). The company's performance showcases significant growth across key financial metrics.

Financial Highlights

Fiem Industries achieved consolidated total sales of INR 13,617.00 million in H1FY26, marking a substantial 15.19% increase from INR 11,810.50 million in H1FY25. The company's core automotive segment led this growth, with sales rising by 15.26% to INR 13,579.70 million, compared to INR 11,782.00 million in the same period last year.

Profitability also saw a notable improvement:

• EBITDA reached INR 1,885.00 million, with an EBITDA margin of 13.84%
• Profit After Tax (PAT) grew by 21.01% to INR 1,212.00 million, compared to INR 990.30 million in H1FY25
• PAT margin improved to 8.90%
• Earnings Per Share (EPS) stood at INR 46.04

Quarterly Performance

For the second quarter of FY26 (Q2FY26), Fiem Industries reported:

• Total sales of INR 7,114.20 million, up 17.12% year-over-year
• Automotive segment sales of INR 7,107.00 million, a 17.13% increase from Q2FY25
• PAT of INR 637.80 million, representing a 28% growth compared to the same quarter last year

Operational Update

During Q2FY26, Fiem Industries faced a setback due to a fire incident at its Tapukara unit in Rajasthan on August 23, 2025. The company reported that while the first floor of the building was affected, the ground floor and basement, housing major plant machinery and production lines, remained largely unaffected. There were no injuries or loss of life reported.

As a result of this incident, the company has written off inventory worth INR 210.57 million and property, plant, and equipment valued at INR 276.17 million. Fiem Industries has confirmed that it holds a valid insurance policy that adequately covers these losses, and the claim process is currently underway.

Management Commentary

J.K. Jain, Chairman & Managing Director of Fiem Industries, stated, "Our H1FY26 results demonstrate the company's resilience and strong market position. Despite challenges, including the fire incident at our Tapukara unit, we have delivered robust growth across our business segments. Our focus on innovation and operational efficiency continues to drive our performance."

Future Outlook

Fiem Industries remains optimistic about its growth trajectory, supported by its strong presence in the automotive lighting sector and ongoing expansion efforts. The company's consistent performance in recent years, with standalone net sales growing at a 5-year CAGR of 11.97% from FY20 to FY25, underscores its solid market position.

As Fiem Industries continues to serve major clients in the two-wheeler and four-wheeler segments, including Honda, TVS, Yamaha, Suzuki, and Royal Enfield, it is well-positioned to capitalize on the growing demand in the automotive sector.

The company's diversification into LED luminaires and Integrated Passenger Information Systems also provides additional avenues for growth, complementing its core automotive business.

Investors and stakeholders will be keenly watching how Fiem Industries navigates the aftermath of the Tapukara incident and leverages its strong H1 performance to drive continued growth in the coming quarters.