Fiem Industries Q2 PAT rises 32% to ₹84 Cr

FIEMIND Fiem Industries Limited (FIEMIND) reported consolidated Q2FY27 net profit of ₹84.00 Cr, up 31.93% YoY and 29.47% QoQ. Revenue from operations rose 31.03% YoY and 20.89% QoQ to ₹937.34 Cr. EBITDA stood at ₹130.99 Cr, up 32.32% YoY and 26.09% QoQ. EBITDA margin expanded to 13.97% from 13.84% YoY and 13.40% in the previous quarter. Growth was driven by strong performance in the automotive segment, primarily lighting and electronic components, with no exceptional items impacting the results. The key triggers are the over 31% YoY growth in both revenue and PAT to ₹84.00 Cr, along with margin expansion to 13.97%. This reflects robust demand in the auto ancillary lighting space and better operating leverage. Peers such as Lumax Industries, Uno Minda and Subros may face comparison on auto component growth and margin trends. Near-term prices could react positively to the strong beat on growth and margins. Risks include moderation in two-wheeler or passenger vehicle volumes, or input cost inflation. Competitors listed: Lumax Industries, Uno Minda, Subros. We have no financial interest in this news