Positional Setup: FIEM Industries Ltd (FIEMIND)

📌 Timeframe: Weekly
📈 CMP: ₹1,969.50
🧭 Structure:

Stock has retested breakout level of ~₹1,800–1,820 zone and shown strong bullish reversal this week (+7.39%).

Sustaining above ₹1,820 confirms breakout retest success.

Volume confirmation along with rising 5/9/20 EMA stack = strong positional continuation signal.

RSI healthy and rising – not yet overbought.

🔍 Key Levels:
Support: ₹1,810 / ₹1,640

Resistance / Targets:

🎯 T1: ₹2,120

🎯 T2: ₹2,350

🎯 T3: ₹2,600+ (ATH breakout scenario)

📍 Stop Loss (weekly close basis): ₹1,770

📊 Fundamental Highlights:
Market Cap: ₹5,184 Cr (~46% growth Y‑o‑Y)
screener.in

Revenue (FY25): ₹2,423 Cr

Net Profit (FY25): ₹205 Cr

P/E Ratio: ~25.6x
screener.in

Book Value: ₹394

Dividend Yield: ~1.5% (payout ~39%)
screener.in

⚙️ Profitability & Margins
Return on Capital Employed (ROCE): ~27.8%

Return on Equity (ROE): ~21.0%
screener.in

Operating Margin stable at ~13% over last 5 quarters

📈 Growth Metrics
5‑year sales CAGR: ~12%

5‑year PAT CAGR: ~22%

1‑year stock CAGR: ~47%
screener.in

📚 Balance Sheet Strength
Almost debt-free (borrowings ~₹22 Cr vs equity ~₹1,038 Cr)
screener.in

Cash Conversion Cycle (working capital) stable around 30–40 days
screener.in

⚠️ Promoter & Shareholding
Promoter stake: ~59% (down from ~66% in FY22)
screener.in

Institutional (FII/DII) presence: ~10% (modest)
screener.in

🧠 Key Takeaways
Strengths Risks
Healthy profitability (ROCE ~28%, ROE ~21%) Promoter dilution over past years
Strong margin consistency (~13%) Stock trades at premium P/E vs peers
Debt-free balance sheet Exports/OEM dependency may face
Consistent dividend payout (~39%) Commodity/rubber price fluctuations impact