Faze Three
Faze Three
TextilesKey Fundamentals
MicrocapTextile ProcessingTextilesTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
1- Company's working capital requirements have reduced from 31.5 days to 20.0 days
Weaknesses
3- Stock is trading at 2.63 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 8.90% over last 3 years.
Growth Rate
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 129 | 132 | 138 | 164 | 149 | 152 | 178 | 211 | 212 | 207 | 227 | 277 | 229 |
| Expenses | 110 | 110 | 115 | 146 | 133 | 135 | 156 | 186 | 187 | 202 | 208 | 243 | 208 |
| Operating Profit | 19.33 | 22.39 | 23.39 | 18.43 | 16.43 | 17.59 | 21.87 | 24.54 | 24.65 | 5.33 | 18.58 | 33.99 | 21.38 |
| OPM % | 14.93% | 16.9% | 16.92% | 11.21% | 11.02% | 11.56% | 12.27% | 11.66% | 11.63% | 2.58% | 8.19% | 12.26% | 9.32% |
| Other Income | 4.85 | 2.4 | 1.63 | 1.88 | 2.45 | 1.61 | 0.05 | 7.69 | 3.88 | 0.24 | 2.4 | 3.17 | 5.71 |
| Interest | 2.94 | 2.84 | 2.66 | 2.81 | 3.01 | 3.33 | 4.13 | 4.08 | 4.19 | 4.56 | 4.65 | 6.06 | 5.64 |
| Depreciation | 4.52 | 4.96 | 5.37 | 5.75 | 5.83 | 6.12 | 6.22 | 6.86 | 7.22 | 7.66 | 7.9 | 7.96 | 8.07 |
| PBT | 16.72 | 16.99 | 16.99 | 11.75 | 10.04 | 9.75 | 11.57 | 21.29 | 17.12 | -6.65 | 8.43 | 23.14 | 13.38 |
| Tax % | 26.02% | 25.9% | 25.19% | 24.09% | 27.69% | 27.18% | 23.34% | 18.13% | 25.41% | -21.8% | 24.08% | 15.3% | 27.95% |
| Net Profit | 12.37 | 12.59 | 12.71 | 8.92 | 7.26 | 7.1 | 8.87 | 17.43 | 12.77 | -5.2 | 6.4 | 19.6 | 9.64 |
| EPS in Rs | 5.09 | 5.18 | 5.23 | 3.67 | 2.99 | 2.92 | 3.65 | 7.17 | 5.25 | -2.14 | 2.63 | 8.06 | 3.96 |
Profit & Loss
| Particulars | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 115 | 111 | 139 | 240 | 269 | 302 | 324 | 504 | 558 | 565 | 690 | 923 | 940 |
| Expenses | 105 | 109 | 153 | 220 | 241 | 269 | 277 | 422 | 457 | 467 | 600 | 830 | 861 |
| Operating Profit | 9 | 3 | -15 | 19 | 28 | 34 | 48 | 82 | 102 | 97 | 90 | 93 | 79 |
| OPM % | 8% | 2.6% | -11% | 8% | 10% | 11% | 15% | 16% | 18% | 17% | 13% | 10% | 8% |
| Other Income | 10 | 16 | 15 | 11 | 2 | 4 | 2 | 7 | 6 | 7 | 12 | 10 | 12 |
| Interest | 8 | 8 | 13 | 8 | 7 | 9 | 6 | 8 | 15 | 22 | 24 | 30 | 21 |
| Depreciation | 4 | 4 | 5 | 7 | 5 | 8 | 9 | 10 | 14 | 21 | 25 | 31 | 32 |
| PBT | 8 | 7 | -18 | 16 | 18 | 21 | 35 | 71 | 78 | 62 | 53 | 42 | 38 |
| Tax % | 47% | 28% | 4% | -8% | 16% | 14% | 29% | 28% | 25% | 25% | 23% | 20% | — |
| Net Profit | 4 | 5 | -19 | 17 | 15 | 18 | 25 | 51 | 58 | 47 | 41 | 34 | 30 |
| EPS in Rs | 3.42 | 4.1 | -15.61 | 6.92 | 6.19 | 7.46 | 10.25 | 21 | 23.97 | 19.16 | 16.72 | 13.8 | 12.51 |
| Div. Payout % | 35% | 0% | 0% | 7% | 0% | 7% | 0% | 0% | 2% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | 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 |
| Borrowings | 88 | 114 | 128 | 74 | 67 | 66 | 103 | 167 | 174 | 170 | 192 | 275 |
| Other Liabilities | 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 |
| Fixed Assets | 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 |
| Other Assets | 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 Flow
| Particulars | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 13 | -20 | 8 | -13 | 37 | 31 | 9 | -7 | 110 | 37 | 12 | 58 |
| Investing | -13 | -20 | -13 | -4 | -15 | -5 | -53 | -51 | -44 | -44 | -43 | -117 |
| Financing | 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 | 4 |
| 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 | 72 |
Ratios
| Particulars | 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 | 20 |
| ROCE % | — | 9% | -3% | — | 10% | 11% | 14% | 20% | 19% | 16% | 12% | 10% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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60 extracted metrics + investor summaries across FY07–FY26.
Documents
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Company Information
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]
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