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 ₹ 1,433 Cr.
- Current Price ₹ 589
- High / Low ₹ 748 / 322
- Stock P/E 42.7
- Book Value ₹ 186
- Dividend Yield 0.00 %
- ROCE 9.18 %
- ROE 7.70 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company's working capital requirements have reduced from 33.8 days to 27.0 days
Cons
- Stock is trading at 3.17 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 9.65% 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
Part of BSE Consumer Discretionary
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
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 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 115 | 111 | 139 | 240 | 269 | 302 | 324 | 504 | 558 | 565 | 690 | 923 | |
| 105 | 109 | 153 | 220 | 241 | 269 | 277 | 422 | 457 | 467 | 600 | 841 | |
| Operating Profit | 9 | 3 | -15 | 19 | 28 | 34 | 48 | 82 | 102 | 97 | 90 | 83 |
| OPM % | 8% | 3% | -11% | 8% | 10% | 11% | 15% | 16% | 18% | 17% | 13% | 9% |
| 10 | 16 | 15 | 11 | 2 | 4 | 2 | 7 | 6 | 7 | 12 | 10 | |
| Interest | 8 | 8 | 13 | 8 | 7 | 9 | 6 | 8 | 15 | 22 | 24 | 19 |
| Depreciation | 4 | 4 | 5 | 7 | 5 | 8 | 9 | 10 | 14 | 21 | 25 | 31 |
| Profit before tax | 8 | 7 | -18 | 16 | 18 | 21 | 35 | 71 | 78 | 62 | 53 | 42 |
| Tax % | 47% | 28% | 4% | -8% | 16% | 14% | 29% | 28% | 25% | 25% | 23% | 20% |
| 4 | 5 | -19 | 17 | 15 | 18 | 25 | 51 | 58 | 47 | 41 | 34 | |
| EPS in Rs | 3.42 | 4.10 | -15.61 | 6.92 | 6.19 | 7.46 | 10.25 | 21.00 | 23.97 | 19.16 | 16.72 | 13.80 |
| Dividend Payout % | 35% | 0% | 0% | 7% | 0% | 7% | 0% | 0% | 2% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | 18% |
| TTM: | 34% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 6% |
| 3 Years: | -17% |
| TTM: | -3% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 35% |
| 5 Years: | 34% |
| 3 Years: | 13% |
| 1 Year: | -9% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 10% |
| Last Year: | 8% |
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 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 12 | 12 | 12 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 |
| Reserves | 54 | 59 | 40 | 148 | 161 | 177 | 202 | 254 | 310 | 356 | 396 | 428 |
| 88 | 114 | 128 | 74 | 67 | 66 | 103 | 167 | 174 | 170 | 192 | 275 | |
| 25 | 30 | 42 | 15 | 17 | 17 | 27 | 42 | 38 | 43 | 74 | 91 | |
| Total Liabilities | 179 | 214 | 222 | 261 | 270 | 285 | 357 | 488 | 547 | 593 | 686 | 819 |
| 80 | 86 | 91 | 113 | 121 | 137 | 141 | 161 | 216 | 252 | 306 | 359 | |
| CWIP | 2 | 12 | 15 | 1 | 0 | 1 | 1 | 4 | 4 | 7 | 9 | 12 |
| Investments | 6 | 6 | 6 | 0 | 0 | 0 | 0 | 10 | 12 | 14 | 11 | 18 |
| 91 | 110 | 110 | 146 | 149 | 147 | 214 | 312 | 314 | 321 | 362 | 430 | |
| Total Assets | 179 | 214 | 222 | 261 | 270 | 285 | 357 | 488 | 547 | 593 | 686 | 819 |
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 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 13 | -20 | 8 | -13 | 37 | 31 | 9 | -7 | 110 | 37 | 12 | 58 | |
| -13 | -20 | -13 | -4 | -15 | -5 | -53 | -51 | -44 | -44 | -43 | -119 | |
| 24 | 18 | 4 | 18 | -13 | -22 | 31 | 61 | -6 | -19 | 4 | 63 | |
| Net Cash Flow | 23 | -22 | -1 | 0 | 9 | 4 | -13 | 3 | 60 | -26 | -27 | 2 |
| Free Cash Flow | -0 | -40 | -5 | -23 | 28 | 21 | -5 | -39 | 55 | -23 | -70 | -62 |
| CFO/OP | 147% | -658% | -53% | -32% | 142% | 107% | 31% | 8% | 126% | 57% | 22% | 81% |
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 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 47 | 119 | 99 | 61 | 61 | 53 | 78 | 59 | 63 | 49 | 48 | 45 |
| Inventory Days | 188 | 263 | 203 | 228 | 203 | 161 | 169 | 192 | 121 | 189 | 211 | 141 |
| Days Payable | 69 | 104 | 120 | 21 | 25 | 18 | 32 | 36 | 24 | 26 | 43 | 25 |
| Cash Conversion Cycle | 165 | 279 | 182 | 268 | 239 | 196 | 215 | 215 | 160 | 211 | 216 | 161 |
| Working Capital Days | 157 | 286 | 202 | 75 | 57 | 60 | 51 | 32 | 4 | 29 | 46 | 27 |
| ROCE % | 9% | -3% | 10% | 11% | 14% | 20% | 19% | 16% | 12% | 9% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Manufacturing Units count |
|
||||||||||
| USA Share of Revenue % |
|||||||||||
| Top 10 Customer Concentration % |
|||||||||||
| Capacity Utilization % |
|||||||||||
| Installed Revenue Capacity INR Cr |
|||||||||||
| Volume Growth % |
|||||||||||
Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Credit Rating
2d - CARE reaffirmed Faze Three’s ₹280 crore bank facilities at CARE A; Stable and CARE A1.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Jul - Submitted Regulation 74(5) compliance certificate for quarter ended June 30, 2026.
-
Receipt Of Approval Under Production Linked Incentive (PLI) Scheme Of Government Of India
1 Jul - Approved under India’s PLI scheme on July 1, 2026 for MMF fabrics and technical textiles.
-
Grant Of Employee Stock Options
29 Jun - Faze Three granted 3,31,154 ESOPs on June 29, 2026 under its 2024 scheme.
-
Closure of Trading Window
29 Jun - Trading window closed from July 1, 2026 until 48 hours after Q1 FY27 board meeting.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
Concalls
-
May 2026TranscriptAI SummaryPPT
-
Feb 2026TranscriptAI SummaryPPT
-
Nov 2025TranscriptAI SummaryPPT
-
Aug 2025TranscriptAI SummaryPPT
-
May 2025TranscriptAI SummaryPPT
-
Feb 2025TranscriptAI SummaryPPT
-
Nov 2024TranscriptAI SummaryPPT
-
Aug 2024TranscriptAI SummaryPPT
-
May 2024TranscriptAI SummaryPPT
-
Feb 2024TranscriptAI SummaryPPT
-
Nov 2023TranscriptAI SummaryPPT
-
Aug 2023TranscriptAI SummaryPPT
-
Aug 2023TranscriptAI SummaryPPT
-
May 2023TranscriptAI SummaryPPT
-
Feb 2023TranscriptAI SummaryPPT
-
Nov 2022TranscriptAI SummaryPPT
-
Aug 2022TranscriptAI SummaryPPT
-
May 2022TranscriptAI SummaryPPT
-
Feb 2022TranscriptAI SummaryPPT
Business Profile[1]
Faze Three Limited is a manufacturer and exporter of Home Textiles and Technical Textiles, focused almost entirely on export markets. The company operates a vertically integrated model, covering yarn to finished textile products, with strong in-house design, development, and innovation capabilities