Faze Three Ltd
Faze Three Limited, established in 1985, is primarily engaged in manufacturing and exports of end home textile products items like bathmats, rugs, blankets, throws, cushions, etc. The company has diversified its product mix across categories in the Home Textile segment and is also a direct exporter to top retail store chains in USA, UK and Europe. [1][2]
- Market Cap ₹ 1,210 Cr.
- Current Price ₹ 498
- High / Low ₹ 748 / 318
- Stock P/E 26.5
- Book Value ₹ 171
- Dividend Yield 0.00 %
- ROCE 11.5 %
- ROE 10.0 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 13.1% over last 3 years.
- Dividend payout has been low at 0.71% of profits over last 3 years
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Textiles Textiles & Apparels Other Textile Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
231 | 218 | 242 | 244 | 240 | 266 | 302 | 324 | 505 | 548 | 536 | 659 | 722 | |
208 | 202 | 213 | 224 | 220 | 236 | 267 | 276 | 423 | 448 | 445 | 583 | 639 | |
Operating Profit | 23 | 16 | 28 | 19 | 19 | 30 | 35 | 48 | 82 | 100 | 90 | 76 | 83 |
OPM % | 10% | 7% | 12% | 8% | 8% | 11% | 12% | 15% | 16% | 18% | 17% | 11% | 12% |
-5 | -1 | 1 | 23 | 11 | 2 | 4 | 2 | 7 | 6 | 8 | 14 | 16 | |
Interest | 15 | 14 | 14 | 8 | 8 | 7 | 9 | 6 | 8 | 15 | 22 | 14 | 15 |
Depreciation | 5 | 5 | 14 | 7 | 7 | 5 | 8 | 9 | 10 | 14 | 20 | 24 | 25 |
Profit before tax | -1 | -4 | 2 | 27 | 16 | 19 | 22 | 35 | 71 | 77 | 57 | 51 | 59 |
Tax % | 11% | 0% | 0% | -39% | -8% | 15% | 14% | 29% | 28% | 25% | 26% | 23% | |
-2 | -4 | 2 | 38 | 17 | 16 | 19 | 25 | 51 | 57 | 42 | 40 | 46 | |
EPS in Rs | -1.26 | -3.53 | 1.26 | 16.25 | 6.92 | 6.70 | 7.92 | 10.28 | 21.00 | 23.62 | 17.32 | 16.38 | 18.78 |
Dividend Payout % | 0% | 0% | 0% | 0% | 7% | 0% | 6% | 0% | 0% | 2% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 17% |
3 Years: | 9% |
TTM: | 31% |
Compounded Profit Growth | |
---|---|
10 Years: | 45% |
5 Years: | 16% |
3 Years: | -8% |
TTM: | 24% |
Stock Price CAGR | |
---|---|
10 Years: | 45% |
5 Years: | 64% |
3 Years: | 8% |
1 Year: | 2% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 13% |
Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 12 | 12 | 12 | 23 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 |
Reserves | -47 | -52 | -50 | 128 | 148 | 162 | 180 | 204 | 256 | 312 | 354 | 392 |
81 | 68 | 60 | 52 | 74 | 67 | 66 | 103 | 167 | 173 | 169 | 180 | |
204 | 229 | 211 | 42 | 15 | 17 | 17 | 27 | 42 | 34 | 40 | 72 | |
Total Liabilities | 251 | 258 | 233 | 245 | 261 | 271 | 287 | 359 | 489 | 543 | 587 | 668 |
77 | 76 | 65 | 112 | 113 | 121 | 137 | 141 | 161 | 212 | 243 | 279 | |
CWIP | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 4 | 4 | 5 | 7 |
Investments | 0 | 0 | 0 | 0 | 3 | 3 | 3 | 3 | 13 | 15 | 17 | 13 |
174 | 181 | 167 | 132 | 144 | 148 | 147 | 214 | 312 | 312 | 322 | 368 | |
Total Assets | 251 | 258 | 233 | 245 | 261 | 271 | 287 | 359 | 489 | 543 | 587 | 668 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 30 | 23 | -33 | -14 | 37 | 31 | 9 | -7 | 109 | 35 | 29 | |
-1 | -3 | -3 | 18 | -4 | -15 | -5 | -53 | -51 | -47 | -42 | -45 | |
-4 | -27 | -19 | 15 | 18 | -13 | -22 | 31 | 61 | -6 | -18 | -7 | |
Net Cash Flow | -5 | -0 | 0 | -0 | 0 | 9 | 4 | -13 | 3 | 56 | -26 | -24 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 73 | 89 | 78 | 59 | 61 | 62 | 55 | 82 | 63 | 63 | 51 | 45 |
Inventory Days | 299 | 313 | 272 | 207 | 221 | 205 | 158 | 162 | 180 | 119 | 192 | 210 |
Days Payable | 143 | 149 | 62 | 67 | 21 | 26 | 18 | 31 | 35 | 18 | 24 | 44 |
Cash Conversion Cycle | 229 | 253 | 289 | 199 | 260 | 241 | 195 | 212 | 209 | 163 | 219 | 211 |
Working Capital Days | -125 | -151 | -128 | 60 | 71 | 56 | 61 | 51 | 32 | 3 | 26 | 46 |
ROCE % | 47% | 35% | 61% | 29% | 10% | 11% | 12% | 14% | 20% | 19% | 15% | 11% |
Documents
Announcements
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Business Responsibility and Sustainability Reporting (BRSR)
14 Aug - Faze Three submits FY 2024-25 Business Responsibility and Sustainability Report detailing ESG initiatives and risks.
- Reg. 34 (1) Annual Report. 14 Aug
- Notice Of The 40Th AGM Of The Company Scheduled To Be Held On Friday, September 05, 2025 At 05:00 P.M. IST Through Video Conferencing ('VC') / Other Audio Visual Means ('OAVM'). 14 Aug
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Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015.
14 Aug - Faze Three dispatched FY25 Annual Report links and AGM notice for Sept 5, 2025, with e-voting details.
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Company'S Presentation On The Un-Audited Financial Results (Standalone & Consolidated) For The First Quarter Ended June 30, 2025.
12 Aug - Faze Three reports Q1 FY26 revenue ₹215.5 Cr, 42% growth; expects 22-25% revenue growth in FY26-FY27.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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Aug 2025TranscriptNotesPPT
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May 2025TranscriptNotesPPT
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Feb 2025TranscriptNotesPPT
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Nov 2024TranscriptNotesPPT
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Aug 2024TranscriptNotesPPT
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May 2024TranscriptNotesPPT
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Feb 2024TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
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Aug 2022TranscriptNotesPPT
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May 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
Product Portfolio
Divergent Textile Products: The Co manufactures several Divergent Textile Products like RePOLY, Germieshield, Protector Yarn, Adjustor Yarn, Boost Yarn and Face Masks. [1]
Home & Decorative Textiles: It manufactures and exports a wide range of Home & decorative textiles like Bath mats, pillows, area rugs, tops of the beds, kitchen supplies and curtains. [2]
Automotive & Technical Textiles: The Co is also engaged in the manufacturing of Automotive seat covers, Outdoor furniture textiles, etc. [3]