Fiem Industries Limited (FIEMIND) Earnings Call Transcripts
Fiem Industries Limited's Latest Earnings Call - Q4 FY2026
In Q4 FY '26, Fiem Industries Limited reported strong financial results, with revenue reaching INR 744.35 crores, a 17.44% increase year-over-year, and a profit after tax (PAT) of INR 70.59 crores, up 22.36%. For the full fiscal year, revenue grew by 16% to INR 2,790.65 crores, while PAT surged 24% to INR 253.87 crores. Management maintained an optimistic outlook for FY '27, targeting revenue growth of 15% to 20%, supported by a robust order book and expanding customer relationships, particularly in the 4-wheeler segment.
Reported metrics
| Metric | Value |
|---|---|
| Q4 Revenue | INR 744.35 crores (beat) |
| Q4 PAT | INR 70.59 crores (beat) |
| FY '26 Revenue | INR 2,790.65 crores (beat) |
| FY '26 PAT | INR 253.87 crores (beat) |
| EBITDA Margin (Q4) | 14.67% (positive) |
| EBITDA Margin (FY '26) | 14.09% (positive) |
Guidance from management
Management maintained a revenue growth target of 15% to 20% for FY '27, supported by a strong order book and expanding customer relationships in both 2-wheeler and 4-wheeler segments.
What management said
Yes. This is Arvind. You are seeing the numbers, you are right. There is some increase in the number of debtors, but please understand there is no change in the payment terms. Earlier, we used to discount the bills from our major -- 2 major customers, one is the TVS. Now company has good cash flows and cash available. So we discontinued the bill discounting, and this is the only difference of the numbers. Otherwise, ...
Yes. So let me question -- let me answer your first question that is about the employee cost. So as a percentage of sales this year -- for full year, this is 13.80%. And earlier also, this is the same as 13.62%. So there is no major change. And some of the difference you will see this because of the increase in the labor cost notified recently.
What analysts pressed on
Analysts expressed concerns regarding the increase in receivables and its potential impact on cash flow. There were also questions about the sustainability of revenue growth amidst external pressures like commodity inflation and market conditions.
Main topics on the call
- Record Performance — Fiem Industries achieved its strongest performance to date in FY '26, with revenue growth of 16% and a PAT increase of 24%. Management stated, "FY '26 has been a record year for the company on every key measure."
- 4-Wheeler Business Expansion — The company is focusing on expanding its 4-wheeler business, with expected revenues of INR 100-150 crores in FY '27 and a target of INR 200-250 crores by FY '28. Management noted, "We are moving forward... we will see a ...
- Increased Receivables — Management acknowledged a rise in receivables but clarified it was due to the discontinuation of bill discounting, stating, "There is no change in the payment terms." This raised concerns among analysts about cash flow.
- CapEx and R&D Investments — Fiem plans to invest approximately INR 200 crores in CapEx over the next two years, with a focus on enhancing its manufacturing capabilities. Management emphasized the importance of R&D, stating that it is crucial for ad...
Read the full Fiem Industries Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Fiem Industries Limited
Fiem Industries Limited (FIEMIND) is a publicly listed company in the Automobile Components industry, within the Consumer Discretionary sector. It trades on NSEI and is based in IN. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 26 calls on record spanning February 14, 2020 to June 1, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 26 Fiem Industries Limited earnings call transcripts on record, spanning February 14, 2020 to June 1, 2026. Based on this history, Fiem Industries Limited reports quarterly. The most recent call on file is dated June 1, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- FIEMIND
- Exchange
- NSEI
- Country
- IN
- Sector
- Consumer Discretionary
- Industry
- Automobile Components
- Calls on record
- 26
- First call
- February 14, 2020
- Most recent
- June 1, 2026
- Reporting cadence
- quarterly