Faze Three Ltd

₹ 282 -0.69%
27 Jan - close price
About

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]

Key Points

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, top 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]

  • Market Cap 687 Cr.
  • Current Price 282
  • High / Low 435 / 248
  • Stock P/E 12.0
  • Book Value 127
  • Dividend Yield 0.18 %
  • ROCE 20.2 %
  • ROE 20.0 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter

Cons

  • Company might be capitalizing the interest cost

* 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

Sector: Textiles Industry: Textiles - Processing

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
70 84 73 40 80 96 108 100 121 128 156 146 135
64 72 66 34 69 82 92 87 100 106 133 123 112
Operating Profit 6 12 7 6 11 14 15 13 21 23 23 23 24
OPM % 9% 14% 9% 16% 14% 15% 14% 13% 17% 18% 15% 16% 18%
4 0 0 0 0 1 1 3 2 1 1 1 1
Interest 2 3 2 1 1 1 2 1 1 2 1 2 2
Depreciation 2 2 2 2 2 2 2 3 2 3 3 3 4
Profit before tax 6 8 3 3 9 11 12 13 19 18 21 20 19
Tax % 16% 16% -2% 30% 29% 28% 30% 31% 30% 31% 23% 27% 26%
Net Profit 5 6 3 2 6 8 9 9 14 12 16 15 14
EPS in Rs 1.98 2.64 1.38 0.88 2.51 3.37 3.53 3.73 5.58 5.14 6.54 5.98 5.87
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
142 187 189 231 218 242 244 240 266 302 324 505 566
136 190 186 208 202 213 224 220 236 267 276 423 473
Operating Profit 6 -2 2 23 16 28 19 19 30 35 48 82 93
OPM % 4% -1% 1% 10% 7% 12% 8% 8% 11% 12% 15% 16% 16%
9 -29 -4 -5 -1 1 23 11 2 4 2 7 4
Interest 10 24 15 15 14 14 8 8 7 9 6 8 7
Depreciation 6 11 5 5 5 14 7 7 5 8 9 10 12
Profit before tax 0 -66 -21 -1 -4 2 27 16 19 22 35 71 78
Tax % 22% -5% -2% -11% 0% 0% -39% -8% 15% 14% 29% 28%
Net Profit 0 -69 -22 -2 -4 2 38 17 16 19 25 51 57
EPS in Rs 0.21 -56.25 -17.65 -1.26 -3.53 1.26 16.25 6.92 6.70 7.92 10.28 21.00 23.53
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 7% 0% 6% 0% 0%
Compounded Sales Growth
10 Years: 10%
5 Years: 16%
3 Years: 24%
TTM: 33%
Compounded Profit Growth
10 Years: 14%
5 Years: 7%
3 Years: 46%
TTM: 45%
Stock Price CAGR
10 Years: 46%
5 Years: 27%
3 Years: 83%
1 Year: -14%
Return on Equity
10 Years: %
5 Years: 13%
3 Years: 14%
Last Year: 20%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
12 12 12 12 12 12 23 24 24 24 24 24 24
Reserves 44 -24 -46 -47 -52 -50 120 148 162 180 204 256 285
139 75 74 81 68 60 52 74 67 66 103 167 182
49 148 172 204 229 211 50 15 18 17 27 42 38
Total Liabilities 245 211 213 251 258 233 245 261 271 287 359 489 529
92 83 80 77 76 65 112 113 121 137 141 161 186
CWIP 0 0 0 0 0 0 0 1 0 1 1 4 7
Investments 6 1 0 0 0 0 0 3 3 3 3 13 12
147 127 133 174 181 167 132 144 148 147 214 312 324
Total Assets 245 211 213 251 258 233 245 261 271 287 359 489 529

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
2 48 16 0 30 23 -33 -14 37 31 9 -7
0 -1 0 -1 -3 -3 18 -4 -15 -5 -53 -51
-4 -44 -15 -4 -27 -19 15 18 -13 -22 31 61
Net Cash Flow -1 3 1 -5 -0 0 -0 0 9 4 -13 3

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 96 59 64 73 89 78 59 61 62 55 82 63
Inventory Days 409 268 277 299 313 272 207 221 205 158 162 180
Days Payable 209 117 130 143 149 62 67 21 26 18 31 35
Cash Conversion Cycle 297 210 211 229 253 289 199 260 241 195 212 209
Working Capital Days 125 -51 -78 -12 -43 -38 137 182 144 127 156 147
ROCE % 6% 0% 5% 47% 35% 61% 30% 11% 11% 12% 14% 20%

Shareholding Pattern

Numbers in percentages

6 recently
Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
45.92 49.19 49.19 49.30 49.49 49.49 50.26 51.28 51.28 51.45 51.45 51.54
4.52 4.52 4.52 4.52 4.52 2.47 0.00 0.00 0.00 0.00 0.00 0.00
49.56 46.29 46.29 46.18 45.99 48.04 49.74 48.72 48.72 48.55 48.55 48.46

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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