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← CockpitCompetitor Analysis › FIEMIND.NS Fiem Industries LimitedOpen in the cockpit ↗

Fiem Industries LimitedFIEMIND.NSCompetitor analysis, valuation and peers

India · INR·Auto & Ancillaries›Auto Parts: OEM
Momentum laggard 18
Mkt cap
$513M
US dollars, full cap
Free float
46%
of shares outstanding
$/day
$1.41M
20-day average traded
Fwd P/E
16.4×
forward earnings
ROIC−WACC
+5.4 pp
WACC 15.3%
Hurdle
+3 pp
Req g minus delivered
Next earnings
6 days
12 Nov 2026
Close · INR₹1,838
1D-1.7%
1W+8.6%
1M+2.2%
3M-25.9%
6M-18.7%
YTD-18.7%
1Y-12.3%
ATR %4.3%
Beta1.24
52w lowhigh31.3% off high

What Fiem Industries does

Employees: 10,791

Fiem Industries at a glance

Size Fiem Industries (FIEMIND.NS) is an India Consumer Discretionary company (Auto Parts: OEM) with a market value of $513M, the 827th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹1,838 on 6 Nov 2026.

Performance Over six months the shares fell 18.7%, against -18.5% for the median peer and 0.0% for the India market (cap-weighted) — 11th highest of 21 in its peer set.

Growth Revenue grew 17.1% over the last twelve months (peer median +9.6%); the operating margin is 11.4% (peer median 5.4%).

Valuation It trades at 16.4× forward earnings against a peer median of 19.8× (4th cheapest of 9).

Price implies For today's price to make sense, revenue must grow about 21% a year for seven years (Req g). Recent delivered growth is +18%, so the hurdle is +3 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 5.4 points above its cost of capital (15.3% WACC).

Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026FIEMIND.NS 81Peer median 80
Six months, rebased to 100: Fiem Industries against the median of its 20 peers (local-currency closes).

Fiem Industries financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹29.3B₹28.1B₹24.2B₹20.2B₹18.4B
Revenue growth—+16%+19%+10%—
Gross profit₹6.51B₹5.05B₹3.68B₹2.89B₹2.84B
EBITDA₹4.10B₹4.00B₹3.25B₹2.68B₹2.49B
Net income₹2.63B₹2.56B₹2.05B₹1.66B₹1.40B
Free cash flown/a₹512M₹1.19B₹643M₹802M
Capital expendituren/a₹1.30B₹1.30B₹843M₹552M
Total debtn/a₹656M₹221M₹231M₹238M

Quarterly statements and history in the cockpit →

Fiem Industries competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%-20%-10%0%6039263011196030853011867279603390603037300745729260317872417246SHARDAMOTR688162300998HYLN001282002766LUMAXIND603239FIEMIND.NS6-month return →1-month return →
Up and to the right = strong over both horizons. Fiem Industries is the large dot.

Fundamentals: revenue growth against valuation

0%+10%+20%+30%10×20×60308530074572417246688162001282LUMAXIND603239FIEMIND.NSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Fiem Industries is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%+60%-25%0%25%50%603926301119603085301186727960339060303772927241688162300998LUMAXIND603239FIEMIND.NSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Fiem Industries is the large dot.

Fiem Industries competitors and peer comparison

How Fiem Industries compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Fiem Industries against its 20 peers (data as of 6 Nov 2026)
MeasureFIEMIND.NSPeer medianRank in peer set
1-month return+2.2%-9.2%4th highest of 21
6-month return-18.7%-18.5%11th highest of 21
Distance from 52-week high-31.3%-41.2%7th highest of 21
Revenue growth (TTM)+17.1%+9.6%7th highest of 21
Operating margin11.4%5.4%3rd highest of 21
Forward P/E16.4×19.8×4th cheapest of 9
Growth the price implies (Req g, 7 yrs)21.3%16.8%7th most demanding of 17
Growth delivered (Del g)+18.2%+10.4%4th highest of 17
Hurdle (Req g minus delivered)+3.1 pp+0.6 pp8th most demanding of 17
ROIC minus cost of capital+5.4 pp-1.5 pp4th highest of 21
EV / EBITDA11.8×11.7×3rd most expensive of 6
Net debt / EBITDA-0.5×-2.2×3rd most indebted of 8

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Fiem Industries FIEMIND.NSIndia$513M-19%+17%11%16.4×21.3%+18.2%
Tieliu 603926.SSChina$515M-32%-4%4%n/a6.6%+9.6%
Hangzhou Zhengqiang 301119.SZChina$510M-20%+5%19%n/a19.9%+10.1%
Zhejiang Tenchen Controls 603085.SSChina$507M-31%+29%6%14.4×1.3%+16.2%
Nantong Chaoda Equipment 301186.SZChina$505M-38%+5%7%n/a21.6%+11.9%
Hi-Lex 7279.TJapan$520M-17%+32%1%n/a3.0%+9.2%
Guangzhou Tongda Auto Electric 603390.SSChina$505M-28%+11%10%n/a17.0%+9.5%
Shanghai Carthane 603037.SSChina$504M-8%+15%9%n/a25.0%+10.7%
Shinry Technologies 300745.SZChina$504M-41%+33%-4%18.8×n/an/a
Murakami 7292.TJapan$503M+3%+8%7%n/a-19.1%+9.3%
Ningbo Shenglong Automotive Powertrain System 603178.SSChina$502M-27%-6%-10%n/a22.3%+6.5%
Futaba Industrial 7241.TJapan$524M-5%+2%3%5.9×-3.8%+7.7%
Press Kogyo 7246.TJapan$525M+14%+11%7%10.5×-4.8%+5.6%
Sharda Motor Industries SHARDAMOTR.NSIndia$526M-5%+26%10%n/a16.7%+14.4%
Jee Technology 688162.SSChina$496M-25%+15%1%23.7×36.1%+23.7%
Ningbo Fangzheng Automobile Mould 300998.SZChina$532M-5%+2%-3%n/a57.3%+14.9%
Hyliion HYLNUnited States$534M+22%+163%-649%n/an/an/a
Wuhu Sanlian Forging 001282.SZChina$537M-23%+2%5%24.8×n/an/a
Shenzhen Soling Industrial 002766.SZChina$538M-11%-57%-29%n/an/an/a
Lumax Industries LUMAXIND.NSIndia$539M0%+29%6%22.4×22.7%+23.8%
Zhejiang Xiantong Rubber & Plastic 603239.SSChina$540M-44%+9%14%20.8×8.6%+19.8%

Questions

Which companies are Fiem Industries's closest peers?
The cockpit's peer set: Tieliu (603926.SS), Hangzhou Zhengqiang (301119.SZ), Zhejiang Tenchen Controls (603085.SS), Nantong Chaoda Equipment (301186.SZ), Hi-Lex (7279.T), Guangzhou Tongda Auto Electric (603390.SS), Shanghai Carthane (603037.SS), Shinry Technologies (300745.SZ).
Is Fiem Industries expensive compared with its peers?
On forward p/e it trades at 16.4× against a peer median of 19.8×, 4th cheapest of 9 in its peer set. For today's price to make sense, revenue must grow about 21% a year for seven years (Req g). Recent delivered growth is +18%, so the hurdle is +3 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Fiem Industries stock performed?
Over six months to 6 Nov 2026 the shares returned -18.7% against -18.5% for the median peer; over one year -12.3%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.