Faze Three Ltd. · NSE:FAZE3Q
Faze Three — Q1 FY2025 Earnings Presentation
16 slides from Faze Three's earnings presentation, Aug 13, 2024
Slide 1: Regulation 30 disclosure letter to BSE and NSE
August 13, 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 Symbo
Slide 2: Financial Results for the quarter ended June 30, 2024 & Company presentation
Aug 13, 2024 Financial Results for the quarter ended June 30, 2024 & 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
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 Walmart >!<TARGET Fj-Mmepx COsTco aziioy yv REJUVENATION Wmlopeus Sainsbury Ss DOLLAR GENERAL MATALAN Pmext M&S WILLIAMSSONOMA ASDA Dunelm) Pier CALIFORNIA POTTERY BAR NBEDBATH& west elm pottery barn kids BEYONE> Garnet Hill POTTERYBARBN| teen LANDS’ END’ sams club<> Debenha
Slide 6: Product glimpse
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, Outdoor, performance textiles), Post 2019, Tariffs imposed on China India is a leading supplier of Sheets & Curtains, etc. being predominantly textiles exports, rising labour & power Towels and other produ
Slide 8: Management Comments ~ Looking forward FY25 and FY24
Management Comments ~ Looking forward FY 25 and FY 24 ✓ Consol’ Revenue and PAT for Q1FY 25 at ~INR 151.53 Crs and INR ~7.27 Crs respectively versus ~INR 134.28 Crs and ~INR 12.37 Crs in Q1FY24. EBIDTA for Q1FY25 stood at INR 18.90 Crs vs INR 24.18 Crs for Q1FY24. ✓ EDBITA & Net profit for TTM J24,
Slide 9: Company's readiness to capitalize on the Global Opportunity
Company’s readiness to capitalize on the Global Opportunity ✓ Invested over ~INR 200 Crs from internal accruals across units for Expansion, new machinery, new technologies, new product lines & de-bottlenecking since FY 2019. ✓ Concluded / Ongoing Expansions: ✓ Concluded Expansion at Silvassa April 2
Slide 10: Profit and Loss Summary - Annual (consolidated)
Profit and Loss Summary - Annual (consolidated) (figures in INR Crs) TTM Jun ✓ 5 YRS CAGR: Particulars FY 24 FY 23 FY 22 FY 21 FY 20 FY 19 24 Total Income 589.6 572.3 563.8 511.4 326.7 306.3 270.3 ✓ Revenue : 14% Total Income growth % 3.0% 1.5% 10.2% 56.5% 6.7% 13.3% ✓ EBIDTA : 18.7% EBIDTA 88.99 94
Slide 11: Profit and Loss Summary - Quarterly (consolidated)
Profit and Loss Summary - Quarterly (consolidated) (figures in INR Crs) Particulars QE Jun 24 QE Mar 24 QE Jun 23 Total Income 151.5 166.2 134.3 EBIDTA 18.90 20.28 24.2 EBIDTA margin % 12.47% 12.20% 18.00% Depreciation 5.83 5.75 4.52 Finance Cost 3.01 2.81 2.94 PBT 10.1 11.7 16.7 PAT 7.3 9.0 12.4 PA
Slide 12: Balance Sheet Summary Annual (consolidated)
Balance Sheet Summary Annual (consolidated) (figures in INR Crs) Particulars Jun-24 Mar 31, 2024Mar 31, 2023Mar 31,2022 Mar 31,2021 Mar 31,2020 Mar 31,2019 Networth^ 387.9 380.6 334.6 278.3 226.1 201.5 185.2 Non-Current liabilities 12.4 8.7 6.8 5.3 1.7 2.6 3.9 ST Borrowings (Net of Cash & Cash Eq)*
Slide 13: Key Ratios Summary (consolidated)
Key Ratios Summary (consolidated) Return Ratios TTM Jun 24 FY 24 FY 23 FY 22 FY21 FY20 FY19 ROE^ 13% 15% 21% 23% 15% 10% 13% Core ROCE #^ 16% 20% 27% 29% 19% 13% 15% Operating Ratios TTM Jun 24 FY 24 FY 23 FY 22 FY21 FY20 FY19 Current Ratio 5.3 6.2 6.1 5.9 5.8 7.2 7.2 Fixed Asset Turnover Ratio 3.0
Slide 14: Cash Flows Update (Consolidated)
Cash Flows Update (Consolidated) (figures in INR Crs) Cumulative Cumulative Particulars Jun-24 Mar-24 Mar-23 Mar-22 Mar-21 Mar-20 Mar-19 (2019-J24) (2019-J24) % PAT + Depn + non-cash adj 13.2 67.2 72.8 61.3 33.8 26.1 20.3 294.7 100% working capital changes -3.5 -43.6 27.9 -56.1 -29.0 -2.3 17.0 -89.7
Slide 15: Thank you, Faze Three group
Latest Company Updates • Awards & Recognition Faze Three Limited was declared as the Award Winner of Dun & Bradstreet “Business Enterprises of Tomorrow 2024” Business Excellence Awards in Textile & Textile Articles Category (Mid-Corporate). The event took place on the eve of June 21, 2024 at Delhi.
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