Analysts/Institutional Investor Meet/Con. Call Updates

Fiem Industries reported strong Q1 FY27 results: sales surged 18.6% to INR769.9 Cr, and PAT climbed 16.3% to INR65.19 Cr, maintaining EBITDA margins at 13.5%. Management forecasts 15-20% revenue growth and ~14% EBITDA margin for FY27. Key drivers include a robust 2-wheeler market and increasing EV adoption (now 9% of 2W volumes), boosting demand for LED lighting.

The company is expanding Hosur capacity.

While 4-wheeler business growth is now anticipated from FY28, new technologies like Light Control Modules are under development.

Management expresses confidence in future growth prospects.