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14-Feb-2024

Fiem Industries

Won new business in PV segment to supply Full LED Head Lamp for a high-end European Car


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Fiem Industries hosted a conference call on Feb 12, 2024. In the conference call, the company was represented by- Mr. J.K. Jain, Chairman & Managing Director, Mr. O.P. Gupta, Chief Financial Officer and Mr. Arvind K. Chauhan, Company Secretary.

Key takeaways of the call

In 9M FY24, automotive segment contributed 99.68% to total revenue and IPIS & LED luminaries 0.32%.

In terms of product mix, automotive lighting contributed 35.83% to total revenue in 9M FY24, Automotive LED lighting 36.78%, plastic moulded parts 10.94%, rear view mirrors 11.94% and others 4.51%.

In Q3 FY24, automotive lighting contributed 35.98% to total revenue, Automotive LED lighting 37.74%, plastic moulded parts 10.18%, rear view mirrors 12.65% and others 3.45%.

Company has made a breakthrough in the Passenger Car Segment as company has been selected as a supplier for Full LED He...



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