Faze Three Ltd

Faze Three Ltd

₹ 395 1.01%
24 Apr 3:31 p.m.
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, 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]

  • Market Cap 960 Cr.
  • Current Price 395
  • High / Low 540 / 310
  • Stock P/E 18.3
  • Book Value 148
  • Dividend Yield 0.13 %
  • ROCE 19.4 %
  • ROE 19.0 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 28.2% CAGR over last 5 years

Cons

* 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

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
94 109 100 117 132 155 147 137 132 142 129 132 138
80 94 87 96 109 133 124 113 109 118 110 110 115
Operating Profit 14 15 13 21 23 23 23 24 23 24 19 22 23
OPM % 15% 14% 13% 18% 17% 15% 16% 17% 17% 17% 15% 17% 17%
1 1 3 2 1 1 1 1 2 1 5 2 2
Interest 1 2 1 1 2 1 2 2 2 3 3 3 3
Depreciation 2 2 3 2 3 3 3 4 4 4 5 5 5
Profit before tax 11 12 13 19 18 21 20 19 19 19 17 17 17
Tax % 29% 30% 31% 30% 31% 23% 27% 26% 25% 22% 26% 26% 25%
8 9 9 14 13 16 15 14 15 15 12 13 13
EPS in Rs 3.31 3.55 3.73 5.59 5.20 6.48 6.00 5.91 5.97 6.10 5.09 5.18 5.23
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
115 111 139 240 269 302 324 504 558 542
105 109 153 220 241 269 277 422 457 453
Operating Profit 9 3 -15 19 28 34 48 82 102 89
OPM % 8% 3% -11% 8% 10% 11% 15% 16% 18% 16%
10 16 15 11 2 4 2 7 6 10
Interest 8 8 13 8 7 9 6 8 15 11
Depreciation 4 4 5 7 5 8 9 10 14 19
Profit before tax 8 7 -18 16 18 21 35 71 78 70
Tax % 47% 28% -4% -8% 16% 14% 29% 28% 25%
4 5 -19 17 15 18 25 51 58 52
EPS in Rs 3.42 4.10 -15.61 6.92 6.19 7.46 10.25 21.00 23.97 21.60
Dividend Payout % 35% 0% 0% 7% 0% 7% 0% 0% 2%
Compounded Sales Growth
10 Years: %
5 Years: 18%
3 Years: 23%
TTM: -5%
Compounded Profit Growth
10 Years: %
5 Years: 28%
3 Years: 48%
TTM: -11%
Stock Price CAGR
10 Years: 48%
5 Years: 51%
3 Years: 72%
1 Year: 9%
Return on Equity
10 Years: %
5 Years: 15%
3 Years: 17%
Last Year: 19%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 12 12 12 24 24 24 24 24 24 24
Reserves 54 59 40 148 160 177 202 254 310 335
88 114 128 74 67 66 103 167 174 163
25 30 42 15 18 17 27 42 37 40
Total Liabilities 179 214 222 261 270 285 357 488 546 563
80 86 91 113 121 137 141 161 216 239
CWIP 2 12 15 1 0 1 1 4 4 7
Investments 6 6 6 0 0 0 0 10 12 12
91 110 110 146 149 147 214 312 314 305
Total Assets 179 214 222 261 270 285 357 488 546 563

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
13 -20 8 -13 37 31 9 -7 110
-13 -20 -13 -4 -15 -5 -53 -51 -44
24 18 4 18 -13 -22 31 61 -6
Net Cash Flow 23 -22 -1 0 9 4 -13 3 60

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 47 119 99 61 61 53 78 59 63
Inventory Days 188 263 203 228 203 161 169 192 121
Days Payable 69 104 120 21 25 18 32 36 24
Cash Conversion Cycle 165 279 182 268 239 196 215 215 160
Working Capital Days 157 286 202 186 143 126 155 147 111
ROCE % 9% -3% 10% 11% 14% 20% 19%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
49.49% 50.26% 51.28% 51.28% 51.45% 51.45% 51.54% 56.16% 56.16% 56.16% 56.16% 56.16%
2.47% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.12% 0.36% 0.47% 0.44%
48.04% 49.74% 48.72% 48.72% 48.55% 48.55% 48.46% 43.84% 43.72% 43.47% 43.38% 43.40%
No. of Shareholders 3,8955,0765,7107,1707,1117,4927,7517,2648,27711,13113,60012,606

* 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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Documents

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