FIEMIND2024-04-012024-06-30 FIEMIND2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member FIEMIND2024-06-30 FIEMIND2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue01Member FIEMIND2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue02Member FIEMIND2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults01Member FIEMIND2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults02Member FIEMIND2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets01Member FIEMIND2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets02Member FIEMIND2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member FIEMIND2024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member FIEMIND2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities02Member FIEMIND2024-06-30in-bse-fin:OneReportableSegmentLiabilities02Member FIEMIND2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532768 FIEMIND NOTLISTED Fiem Industries Limited Equity 2024-04-01 2025-03-31 2024-08-13 2024-08-03 INR Lakhs First quarter 14:30:00 16:00:00 2024-08-13 2024-08-13 Not applicable Multi segment 2024-04-01 2024-06-30 Unaudited Standalone 5776946000.00 33427000.00 5810373000.00 3575478000.00 18095000.00 -24466000.00 806203000.00 3842000.00 150222000.00 613958000.00 5143332000.00 667041000.00 0.00 667041000.00 178653000.00 -3569000.00 175084000.00 0.00 491957000.00 0.00 0.00 0.00 0.00 491957000.00 -10862000.00 481095000.00 0.00 0.00 263197000.00 10 18.69 18.69 0.00 0.00 18.69 18.69 NOTES 1 The above results have been reviewed by the Audit Committee and approved by the Board of Directors in their respective meetings held on August 13, 2024.The statutory Auditors of the company have carried out Limited Review of the above results. 2 These results have been prepared in accordance with the Companies ( Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act 2013 read with relevant rules issued thereunder and the other accounting principles generally accepted in India. 3 Update on Fire incident (Unit-7) Part of one building of Unit-7 situated at Plot No. 1915, Phase -V, Rai Industrial Estate, Sonipat-131029 (Haryana) caught fire in June, 2023 .During the quarter ended June 30, 2023 the carrying value of inventories of Rs 2583.74 Lakhs (including GST reversals) and carrying value of property plant and equipment of Rs 2456.79 Lakhs had been written off in the statement of profit and loss. The company has a valid insurance policy which adequately covers the losses for the inventories and reinstatement value of property plant and equipment. The recoverable amount pertaining to the loss of the inventory as stated above and loss to the extent of carrying amount of the property plant and equipment have been shown as receivable. The loss is under evaluation by the surveyor and the outcome of the claim is subject to final assessment by the insurer in due course of time. The final entries would be recorded in the books of accounts on the finalization of the claim by the insurer. 4 In the meeting held on January 15, 2024, the Board of Directors had recommended the issue of Bonus Shares in the ratio of 1 (one) Bonus equity share of Rs.10 each fully paid-up for every 1 (one) existing equity share of Rs.10 each fully paid-up (in the ratio of 1:1). As per recommendation of Board, the shareholders of the Company approved the issue of Bonus Shares vide its resolution dated February 16, 2024 passed through Postal Ballot process. Accordingly, the Bonus Shares Committee of the Board allotted 1,31,59,830 Equity shares of Rs.10 each fully paid-up on February 29, 2024. Post allotment of Bonus shares, the equity capital of the Company stands at 2,63,19,660 Equity shares of Rs. 10 each. Accordingly, the earning per share has been adjusted for the proportionate change in the number of ordinary shares outstanding, as if the event had occurred at the beginning of the earliest periods /year and presented in accordance with Ind AS 33 (Earning per Shares). 6 Provision for Taxation includes current tax expense and deferred tax expense. 7 Previous period’s figures have been regrouped/ rearranged wherever necessary, to make them comparable. 8 These results for the Quarter ended June 30, 2024 are available on the website of the Company (www.fiemindustries.com) and website of the Stock Exchanges viz. BSE Limited (www.bseindia.com) and National Stock Exchange of India Limited (www.nseindia.com). By order of the Board For FIEM INDUSTRIES LIMITED J.K. Jain Chairman & Managing Director DIN-00013356 Place- Rai, Sonepat (HR.) Date- August 13, 2024 Other expenses 613958000.00 Automotive Segment 5755332000.00 Others Segment 21614000.00 5776946000.00 0.00 5776946000.00 Automotive Segment 726915000.00 Others Segment -393000.00 726522000.00 3842000.00 55639000.00 5 The Company is engaged in the business of manufacturing and supply of auto components comprising of automotive lighting and signaling equipments, rear view mirrors, plastic molded parts and sheet metal components for motorized vehicles, and LED luminaries for indoor and outdoor applications and integrated passenger information systems with LED Display etc. - As per Ind AS108 Operating Segment, the Company has identified two reportable segments, as described below : a) Automotive Segment comprising of automotive lighting and signaling equipment, rear view mirrors, plastic moulded and other automotive parts. b) Others Segment comprising of LED Luminaries i.e. indoor and outdoor lighting products, display panels and LED integrated Passenger Information Systems etc. STANDALONE SEGMENT WISE REVENUE, RESULTS AND CAPITAL EMPLOYED FOR THE QUARTER ENDED JUNE 30, 2024 QUARTER ENDED YEAR ENDED 30.06.24 31.03.24 30.06.23 31.03.24 S. No. Particulars (Unaudited) (Audited) (Unaudited) (Audited) I Segment Revenue (Sales and Other operating income) a) Automotive Segment 57,553.32 55,450.10 47,298.80 202,017.43 b) Others Segment 216.14 290.61 161.50 766.59 Total 57,769.46 55,740.71 47,460.30 202,784.02 Less - Inter Segment Revenue - - - - Total Income from Operations 57,769.46 55,740.71 47,460.30 202,784.02 II Segment Results (Profit/(Loss) before tax and interest from each Segment) a) Automotive Segment 7,269.15 7,059.81 5,285.28 24,256.17 b) Others Segment (3.93) (4.23) (6.55) (26.04) Total Segment Results 7,265.22 7,055.58 5,278.73 24,230.13 Less: i) Finance Costs 38.42 37.75 174.91 293.83 ii) Other Un-allocable Expenditure net off Un-allocable Income 556.39 780.54 181.73 1,645.29 Total Profit/(Loss) before tax from ordinary activities 6,670.41 6,237.29 4,922.09 22,291.01 III Segment Assets a) Automotive Segment 103,699.38 96,858.08 85,596.29 96,858.08 b) Others Segment 1,326.96 1,272.46 1,625.30 1,272.46 Unallocable Corporate Assets 26,156.87 23,268.47 24,589.04 23,268.47 Total Segment Assets 131,183.21 121,399.01 111,810.63 121,399.01 Segment Liabilities a) Automotive Segment 32,054.46 27,894.59 26,675.80 27,894.59 b) Others Segment 196.48 148.34 127.79 148.34 Unallocable Corporate Liabilities 5,576.70 4,811.46 5,410.14 4,811.46 Total Segment Liabilities 37,827.64 32,854.39 32,213.73 32,854.39 CAPITAL EMPLOYED (Segment Assets Less Segment Liabilities ) a) Automotive Segment 71,644.92 68,963.49 58,920.49 68,963.49 b) Others Segment 1,130.48 1,124.12 1,497.51 1,124.12 Unallocable Corporate Assets Less Liabilities 20,580.17 18,457.01 19,178.90 18,457.01 TOTAL CAPITAL EMPLOYED 93,355.57 88,544.62 79,596.90 88,544.62 * Note - The capital employed of Automotive and Others Segment has been worked out by excluding the amount of common financial facilities viz. Term loans and working capital limits. The common financial facilities are reflected under unallocable corporate liabilities. 667041000.00 Automotive Segment 10369938000.00 Others Segment 132696000.00 10502634000.00 2615687000.00 13118321000.00 Automotive Segment 3205446000.00 Others Segment 19648000.00 3225094000.00 557670000.00 3782764000.00 Remeasurment of defined benefit liabilty/ assets -14515000.00 -14515000.00 -3653000.00 0.00