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]
Strengths
- +Company is expected to give good quarter
Weaknesses
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Company has a low return on equity of 12.6% over last 3 years.
- −Dividend payout has been low at 0.71% of profits over last 3 years
Shareholding Pattern
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 56.16% | 56.16% | 57.95%▲1.8 | 57.95% | 57.95% | 57.95% | 57.95% | 58.01%▲0.1 |
| FIIs | 0.02% | 0%▼0.0 | 0% | 0.02%▲0.0 | 0.1%▲0.1 | 0.01%▼0.1 | 0%▼0.0 | 0.14%▲0.1 |
| DIIs | 0.47% | 0.29%▼0.2 | 0.26%▼0.0 | 0.26% | 1.13%▲0.9 | 0.97%▼0.2 | 0.78%▼0.2 | 0.77%▼0.0 |
| Public | 43.35% | 43.56%▲0.2 | 41.8%▼1.8 | 41.65%▼0.1 | 40.7%▼0.9 | 40.85%▲0.1 | 41.06%▲0.2 | 40.86%▼0.2 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 128.48 | 129.12 | 150.48 | 141.47 | 148.6 | 170.05 | 198.79 | 204.72 | 200.56 | 216.56 |
| Expenses | 107.03 | 107.72 | 135.43 | 125.97 | 131.74 | 149.3 | 176.2 | 181.62 | 195.62 | 200.85 |
| Operating Profit | 21.45 | 21.4 | 15.05 | 15.5 | 16.86 | 20.75 | 22.59 | 23.1 | 4.94 | 15.71 |
| OPM % | 16.7% | 16.57% | 10% | 10.96% | 11.35% | 12.2% | 11.36% | 11.28% | 2.46% | 7.25% |
| Net Profit | 12.18 | 11.44 | 6.41 | 6.93 | 7.12 | 8.79 | 16.99 | 12.76 | -4.36 | 5.29 |
| EPS ₹ | 5.01 | 4.7 | 2.64 | 2.85 | 2.93 | 3.61 | 6.99 | 5.25 | -1.79 | 2.18 |
AI Insights
TTM revenue at ₹821Cr, up 24.6% YoY. OPM at 8%.
Borrowings at ₹220Cr. Debt-to-equity ratio: 0.55x. Moderate leverage.
CWIP at ₹7Cr (2% of fixed assets). Moderate ongoing capital expenditure.
DIIs: 0.77% (+0.65pp change). FIIs: 0.14% (+0.14pp change). Promoters hold 58.01%.
ROCE declining from 47% (Mar 2014) to 12% (Mar 2025). Working capital days: 40.
PE 34.5x with 11.8% ROCE. Price is 150% above book value of ₹174. Dividend yield: 0%.
Recent Announcements
- Board Meeting Intimation for Considering And Approving The Audited (Standalone And Consolidated) Financial Results/Statements Of The Company For The Quarter And Financial Year Ended March 31, 2026 7m - Board meeting on May 22, 2026 to approve audited Q4 and FY26 results.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr - Submitted Regulation 74(5) compliance certificate for quarter ended March 31, 2026.
- Disclosure Of Re-Classification Of Status From Promoter Of Megamont Limited (Formerly Known As V R Woodart Limited) To Public Category 31 Mar - Sold 900,000 Megamont shares; promoter stake nil; applied for reclassification to public on March 31, 2026.
- Closure of Trading Window 30 Mar - Trading window closed April 1, 2026 until 48 hours after board meeting for Q4/FY2026 audited results.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 28 Mar
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse