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 ₹ 1,092 Cr.
- Current Price ₹ 449
- High / Low ₹ 540 / 340
- Stock P/E 26.0
- Book Value ₹ 156
- Dividend Yield 0.11 %
- ROCE 13.0 %
- ROE 11.8 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 20.9% CAGR over last 5 years
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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
189 | 231 | 218 | 242 | 244 | 240 | 266 | 302 | 324 | 505 | 548 | 536 | |
186 | 208 | 202 | 213 | 224 | 220 | 236 | 267 | 276 | 423 | 448 | 456 | |
Operating Profit | 2 | 23 | 16 | 28 | 19 | 19 | 30 | 35 | 48 | 82 | 100 | 80 |
OPM % | 1% | 10% | 7% | 12% | 8% | 8% | 11% | 12% | 15% | 16% | 18% | 15% |
-4 | -5 | -1 | 1 | 23 | 11 | 2 | 4 | 2 | 7 | 6 | 9 | |
Interest | 15 | 15 | 14 | 14 | 8 | 8 | 7 | 9 | 6 | 8 | 15 | 11 |
Depreciation | 5 | 5 | 5 | 14 | 7 | 7 | 5 | 8 | 9 | 10 | 14 | 20 |
Profit before tax | -21 | -1 | -4 | 2 | 27 | 16 | 19 | 22 | 35 | 71 | 77 | 57 |
Tax % | -2% | -11% | 0% | 0% | -39% | -8% | 15% | 14% | 29% | 28% | 25% | 26% |
-22 | -2 | -4 | 2 | 38 | 17 | 16 | 19 | 25 | 51 | 57 | 42 | |
EPS in Rs | -17.65 | -1.26 | -3.53 | 1.26 | 16.25 | 6.92 | 6.70 | 7.92 | 10.28 | 21.00 | 23.62 | 17.32 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 7% | 0% | 6% | 0% | 0% | 2% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 15% |
3 Years: | 18% |
TTM: | -2% |
Compounded Profit Growth | |
---|---|
10 Years: | 23% |
5 Years: | 21% |
3 Years: | 19% |
TTM: | -27% |
Stock Price CAGR | |
---|---|
10 Years: | 45% |
5 Years: | 62% |
3 Years: | 51% |
1 Year: | 15% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 16% |
Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 12 | 12 | 12 | 12 | 23 | 24 | 24 | 24 | 24 | 24 | 24 | 24 |
Reserves | -46 | -47 | -52 | -50 | 128 | 148 | 162 | 180 | 204 | 256 | 312 | 354 |
74 | 81 | 68 | 60 | 52 | 74 | 67 | 66 | 103 | 167 | 173 | 169 | |
172 | 204 | 229 | 211 | 42 | 15 | 18 | 17 | 27 | 42 | 33 | 40 | |
Total Liabilities | 213 | 251 | 258 | 233 | 245 | 261 | 271 | 287 | 359 | 489 | 542 | 587 |
80 | 77 | 76 | 65 | 112 | 113 | 121 | 137 | 141 | 161 | 212 | 243 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 4 | 4 | 5 |
Investments | 0 | 0 | 0 | 0 | 0 | 3 | 3 | 3 | 3 | 13 | 15 | 17 |
133 | 174 | 181 | 167 | 132 | 144 | 148 | 147 | 214 | 312 | 311 | 322 | |
Total Assets | 213 | 251 | 258 | 233 | 245 | 261 | 271 | 287 | 359 | 489 | 542 | 587 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
16 | 0 | 30 | 23 | -33 | -14 | 37 | 31 | 9 | -7 | 109 | 35 | |
0 | -1 | -3 | -3 | 18 | -4 | -15 | -5 | -53 | -51 | -47 | -43 | |
-15 | -4 | -27 | -19 | 15 | 18 | -13 | -22 | 31 | 61 | -6 | -18 | |
Net Cash Flow | 1 | -5 | -0 | 0 | -0 | 0 | 9 | 4 | -13 | 3 | 56 | -27 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 64 | 73 | 89 | 78 | 59 | 61 | 62 | 55 | 82 | 63 | 63 | 51 |
Inventory Days | 277 | 299 | 313 | 272 | 207 | 221 | 205 | 158 | 162 | 180 | 119 | 192 |
Days Payable | 130 | 143 | 149 | 62 | 67 | 21 | 26 | 18 | 31 | 35 | 18 | 24 |
Cash Conversion Cycle | 211 | 229 | 253 | 289 | 199 | 260 | 241 | 195 | 212 | 209 | 163 | 219 |
Working Capital Days | -78 | -12 | -43 | -38 | 137 | 182 | 144 | 127 | 156 | 147 | 112 | 145 |
ROCE % | 5% | 47% | 35% | 61% | 29% | 10% | 11% | 12% | 14% | 20% | 19% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 1d
- Closure of Trading Window 27 Jun
- 'Dun & Bradstreet - G7 CR Technologies Business Enterprises Of Tomorrow Summit 2024' Business Excellence Awards 24 Jun
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 30 May
- Announcement under Regulation 30 (LODR)-Newspaper Publication 25 May
Annual reports
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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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Financial Year 2009
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Financial Year 2008
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Concalls
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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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Aug 2023TranscriptNotesPPT
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May 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]