Faze Three Ltd. · NSE:FAZE3Q
Faze Three — Q1 FY2023 Earnings Presentation
19 slides from Faze Three's earnings presentation, Aug 4, 2022
Slide 1: Cover letter to BSE Limited
August 04, 2022 To, Department of Corporate Services, BSE Limited, P. J. Towers, Dalal Street, Mumbai – 400 001. Dear Sir/Ma’am, Sub: Disclosure of information pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Slide 3: Financial Results for Quarter ended June 2022 & Company presentation
Financial Results for Quarter ended June 2022 & Company presentation August 04, 2022 2
Slide 4: About the Company
About the Company Technical & Home Textiles Products : Floor coverings (Bathmats / Rugs – Rubber backed), Performance & Outdoor Home Textiles, Cushions, Top of the Bed Products, Blankets, Engaged in manufacturing of Technical & Home Textiles Accessories, etc. Handloom Home Textiles Products : Bathma
Slide 5: Business Model, Markets & Customers, Business Potential, Competition
Business Model Markets & Customers Business Potential Competition / Peer Exporters • Inhouse Capability from • USA 60%, UK/EUR 30%, • Top 15 Customers • Company is uniquely Design to Delivery : Yarn Bal ROW comprise of very large placed to have to Finished Product • Strong relationship with retail c
Slide 6: Our Valued Customers
Our Valued Customers PAZ ES © TARGET Walmart >'< €OSTEO ae y DOLLAR GENERAL MATAL AML UVENATION Next M&S WILLIAMSSONOMA ASDA Duneim) _ Pier 1 eae POTTERY BA ® NBEDBATH& Sainsbury's Bee west elm pottery barn kids BEYONE> KOHIES Garnet Hill POTTERYBARBN| teen VOSSEN T-Max: sams club <> Debenhams Dilla
Slide 7: Product glimpse: refer www.fazethree.com
Product glimpse: refer www.fazethree.com
Slide 8: Home Textile Industry / Global Supply Chain: Trends & Update
Home Textile Industry / Global Supply Chain : Trends & Update Floor coverings (Bathmats, Rugs, Outdoor, performance textiles) being Post 2019, Tariffs imposed on China India is a leading supplier of Sheets & predominantly polyester based and textiles exports, rising labour & power Towels under the H
Slide 9: Management Comments ~ June 2022
Management Comments ~ June 2022 ✓ Revenue of ~INR 1470 Mln is highest ever for Q1 (Q1FY22 ~INR 1010 Mln) is very encouraging indicator providing significant comfort & visibility for moderate growth as base case for FY 23 over FY 22 ✓ Order visibility has settled from euphoric levels last fiscal to p
Slide 10: Management comment from March 22 results: Ajay Brijlal Anand, CMD
Management comment from March 22 results: Ajay Brijlal Anand, CMD The Eureka moment of 2008-09 in demand for Sheets and Towels from India leading to India being a leader today within a decade, is NOW here also for categories other than Sheets and Towels which includes Floor coverings, TOB, window cu
Slide 11: Management comment from March 22 results
Management comment from March 22 results: Vishnu Ajay Anand, Executive President Our ability to be equally innovative on cotton & polyester value added New products under larger home textile ambit in last 2 years has been super encouraging and have put the company at the top of customer's mind for a
Slide 12: Company's readiness to capitalize on the Global Opportunity
Company’s readiness to capitalize on the Global Opportunity ✓ Invested over INR 40 Crs from internal accruals across units for new machinery, new technologies & de-bottlenecking from 2017-2020 ✓ Concluded / Ongoing Expansions: ✓ Concluded Expansion at Silvassa April 2021 - June 2022 to have 3x capac
Slide 13: Company's readiness to capitalize on the Opportunity
Company’s readiness to capitalize on the Opportunity ✓ Comfortable Capital Structure. Rated “A-” Long term & A2+ Short term (Aug 2021). Significant ability to withstand supply chain pressures on working capital. Entire internal accruals directed towards accelerated expansion & growth in operations ✓
Slide 14: Profit and Loss Summary ~ Annual Trend (INR in Crs.)
Profit and Loss Summary ~ Annual Trend (INR in Crs.) July 2021 to Particulars QE Jun 22 June 2022 FY 22 FY 21 FY 20 (TTM) Total Income 147.6 556.5 512.0 326.3 306.3 ✓ Total Income of QE June 2022 Total Income growth % 56.9% 6.5% 14.5% is INR 147 Crs and Net profit EBIDTA 24.5 94.6 86.6 48.0 38.9 of
Slide 15: Profit and Loss Summary (INR in Crs.) – Quarterly update
Profit and Loss Summary (INR in Crs.) – Quarterly update Particulars QE Jun 2022 QE Jun 2021 QE Mar 2022 Total Income 147.6 103.1 157.1 ✓ Q1 FY 23 grew over TI growth % 43.2% -6.0% 43% over Q1 FY 22 whereas lower by 6% EBIDTA 24.5 16.5 24.2 over Q4 FY22 which is EBIDTA margin % 16.6% 16.0% 15.4% in
Slide 16: Balance Sheet Summary (INR in Crs)
Balance Sheet Summary (INR in Crs) Particulars Jun 30,2022 Mar 31,2022 Mar 31,2021 Mar 31,2020 Mar 31,2019 Networth^ 295.1 280.7 228.6 203.9 186.4 ST Borrowings (Net of Cash & Cash Eq & others)* 53.4 77.7 50.4 37.7 58.2 Current liabilities 30.9 51.1 37.7 29.9 20.4 Total Liabilities 379.5 409.5 316.6
Slide 17: Ratios Summary
Ratios Summary Solvency Ratios Jun 30,2022 Mar 31,2022 Mar 31, 2021 Mar 31, 2020 Mar 31, 2019 Total Outside Liabilities / Total Equity 0.29 0.46 0.39 0.33 0.42 Net Debt / Equity 0.18 0.28 0.22 0.19 0.31 Net Debt / EBIDTA* 0.56 0.90 1.05 0.97 1.85 Interest Coverage Ratio 12.94 15.31 10.39 3.59 3.65 O
Slide 18: Company Update
Company Update Faze Three Limited was declared as the Award Winner of Dun & Bradstreet – Business Excellence Awards 2021 under Best Global Business Category (Mid-Corporates). The event took place virtually on 24th November 2021. For more details on the Business Excellence Awards kindly refer the fol
Slide 19: 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