Slide 1: Stock exchange disclosure cover letter
February 02, 2024 To, BSE Limited National Stock Exchange of India Limited Department of Corporate Services, Listing Compliance Department, P. J. Towers, Dalal Street, Exchange Plaza, Plot No. C/ 1, G Block, Mumbai – 400 001. Bandra Kurla Complex, Bandra (E), Mumbai – 400 051. Scrip Code: 530079 Sym
Slide 2: Financial Results for Nine months ended Dec 2023 & Company presentation
Feb 02, 2024 Financial Results for Nine months ended Dec 2023 & Company presentation 1
Slide 3: About the Company
About the Company Technical & Home Textiles Products: Floor coverings (Bathmats / Rugs – Rubber backed), Engaged in manufacturing of Technical & Home Textiles products Performance & Outdoor Home Textiles made of micro polyester, Cushions, Top of the Bed Products, Blankets, Curtains, Accessories, etc
Slide 4: Business Model, Markets & Customers, Business Potential, Competition
Business Model Markets & Customers Business Potential Competition / Peer Exporters • Inhouse Capability from • USA 65%, UK/EUR 30%, • Top 15 Customers • Company is uniquely Design to Delivery : Yarn Bal ROW comprise of very large placed to have multiple to Finished Product • Strong relationship with
Slide 5: Our Valued Customers
Our Valued Customers PAZ © TARGET Walmart >/< COSTCO <> ==WHo.esaALeE y REJUVENATION Hays<u MATALAN Emext M&S WILLIAMSSONOMA ASDA Duneim) _ Pier 1 ae POTTERY BA ® NBEDBATH& EYONE> Sainsbury's Bay west el mM pottery barn kids * LANDS’ ENDA Garnet Hill porrenvnanyi teen F-MaDs: sams club <> Debenhams
Slide 6: Product glimpse: refer www.fazethree.com
Product glimpse: refer www.fazethree.com
Slide 7: Home Textile Industry / Global Supply Chain: Trends & Update
Home Textile Industry / Global Supply Chain : Trends & Update Floor coverings (Bathmats, Rugs, India is a leading supplier of Sheets & Outdoor, performance textiles) being Post 2019, Tariffs imposed on China Towels under the Home Textiles predominantly polyester based and textiles exports, rising la
Slide 8: Management Comments ~ FY24 and way forward
Management Comments ~ FY 24 and way forward ✓ Revenue and PAT (Consol) for 9M ended Dec 23 ~INR 409 Crs and INR ~37.59 Crs respectively versus ~INR 420.2 Crs and ~INR 43.47 Crs in corresponding period previous year. This is mainly on account of higher depreciation and gross finance costs. EBIDTA for
Slide 9: Company's readiness to capitalize on the Global Opportunity
Company’s readiness to capitalize on the Global Opportunity ✓ Invested over ~INR 190 Crs from internal accruals across units for Expansion, new machinery, new technologies, new product lines & de-bottlenecking from FY 2019. ✓ Concluded / Ongoing Expansions: ✓ Concluded Expansion at Silvassa April 20
Slide 10: Profit and Loss Summary - Annual (consolidated)
Profit and Loss Summary - Annual (consolidated) (figures in INR Crs) TTM = Trailing 12 months ended Dec 23 (01 Jan 2023 to 31 Dec 2023) Particulars TTM Dec 23 FY 23 FY 22 FY 21 FY 20 FY 19 Total Income 552.6 563.8 511.4 326.7 306.3 270.3 ✓ Revenue for TTM Dec 23 full effect impact Total Income growt
Slide 11: Profit and Loss Summary - Quarterly (consolidated)
Profit and Loss Summary - Quarterly (consolidated) (figures in INR Crs) Particulars QE Dec 23 QE Sep 23 QE Dec 22 Total Income 139.9 134.9 134.2 EBIDTA 24.94 24.79 24.90 EBIDTA margin % 17.83% 18.38% 18.56% Depreciation 5.37 4.96 3.67 Finance Cost 2.66 2.84 1.88 PBT 16.9 17.0 19.4 PAT 12.6 12.6 14.5
Slide 12: Balance Sheet Summary Annual (consolidated)
Balance Sheet Summary Annual (consolidated) (figures in INR Crs) Particulars Dec 31, 2023 Mar 31, 2023 Mar 31,2022 Mar 31,2021 Mar 31,2020 Mar 31,2019 Networth^ 371.9 334.6 278.3 226.1 201.5 185.2 Non-Current liabilities 8.5 6.8 5.3 1.7 2.6 3.9 ST Borrowings (Net of Cash & Cash Eq)* 73.4 44.3 77.1 4
Slide 13: Key Ratios Summary (consolidated)
Key Ratios Summary (consolidated) Return Ratios TTM D23 FY 23 FY 22 FY21 FY20 FY19 ROE^ 18% 21% 23% 15% 10% 13% Core ROCE #^ 22% 27% 29% 19% 13% 15% Operating Ratios TTM D23 FY 23 FY 22 FY21 FY20 FY19 Current Ratio 5.9 6.1 5.9 5.8 7.2 7.2 Fixed Asset Turnover Ratio 3.0 3.7 5.1 4.2 3.8 4.1 Total Asse
Slide 14: Cash Flows Update (Consolidated)
Cash Flows Update (Consolidated) (figures in INR Crs) Dec 31, Mar 31, Mar 31, Mar 31, Mar 31, Mar 31, Cumulative Particulars % of CFO 2023 2023 2022 2021 2020 2019 (FY 19- FY 24) PAT + Depn + non-cash adj 52.4 72.8 61.3 33.8 26.1 20.3 266.6 working capital changes* (33.0) 27.9 (56.1) (29.0) (2.3) 17
Slide 15: Company Updates / Thank you, Faze Three group
Company Updates Acquisition of factory at Aurangabad (Aug 2023) : Mats and More Private Limited, WOS, acquired an existing factory premises from Basell Polyolefins India Private Limited situated at Aurangabad vide Deed of Assignment executed on August 17, 2023. The cost of acquisition for the said p
Slide 16: Disclaimer
Disclaimer The information contained in this presentation is provided by Faze Three Limited (the “Company”), although care has been taken to ensure that the information in this presentation is accurate, and that the opinions expressed are fair and reasonable, the information is subject to change wit