Slide 1: Stock exchange disclosure cover letter
May 23, 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 Symbol:
Slide 2: Financial Results for the year ended March 2024 & Company presentation
May 23, 2024 Financial Results for the year ended March 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 FAL Walmart >|<TARGET Fj-Mmepx CosTrco Waziioy 2 q RETUVENATION iais>< Sainsbury's DOLLAR GENERAL MATALANI | NexC] M&S WILLIAMS SONOMA ASDA Dunelm) Pier CALIFORNIA POTTERY BAR NBEDBATH& west elm pottery barn kids 5 n= Garnet Hill POTTERYBARBN| teen LANDS’ENDA 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, India is a leading supplier of Sheets & Outdoor, performance textiles), Post 2019, Tariffs imposed on China Towels under the Home Textiles Curtains, etc. being predominantly textiles exports, rising labour
Slide 8: Management Comments – Looking forward
Management Comments ~ Looking forward FY 25 and FY 24 Revenue and PAT for FY 24 at ~INR 572 Crs and INR ~46.6 Crs respectively versus ~INR 563 Crs and ~INR 58.3 Crs in corresponding period previous year. EBIDTA for FY 24 stood at INR 94.27 Crs vs INR 99.93 for the previous year. FY 24 net profit h
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 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) Particulars FY 24 FY 23 FY 22 FY 21 FY 20 FY 19 Total Income 572.3 563.8 511.4 326.7 306.3 270.3 5 YRS CAGR: Total Income growth % 1.5% 10.2% 56.5% 6.7% 13.3% EBIDTA 94.27 99.93 86.6 47.9 37.8 29.8 Revenue : 16.2% EBIDTA : 25
Slide 11: Profit and Loss Summary - Quarterly (consolidated)
Profit and Loss Summary - Quarterly (consolidated) (figures in INR Crs) Particulars QE Mar 24 QE Dec 23' QE Mar 23' Total Income 166.2 139.9 143.6 EBIDTA 20.28 24.94 25.76 EBIDTA margin % 12.20% 17.83% 17.94% Depreciation 5.75 5.37 4.08 Finance Cost 2.81 2.66 2.77 PBT 11.7 16.9 18.9 PAT 9.0 12.6 14.
Slide 12: Balance Sheet Summary Annual (consolidated)
Balance Sheet Summary Annual (consolidated) (figures in INR Crs) Particulars Mar 31, 2024 Mar 31, 2023 Mar 31,2022 Mar 31,2021 Mar 31,2020 Mar 31,2019 Networth^ 380.6 334.6 278.3 226.1 201.5 185.2 Non-Current liabilities 8.7 6.8 5.3 1.7 2.6 3.9 ST Borrowings (Net of Cash & Cash Eq)* 74.0 44.3 77.1 4
Slide 13: Key Ratios Summary (consolidated)
Key Ratios Summary (consolidated) Return Ratios FY 24 FY 23 FY 22 FY21 FY20 FY19 ROE^ 15% 21% 23% 15% 10% 13% Core ROCE #^ 20% 27% 29% 19% 13% 15% Operating Ratios FY 24 FY 23 FY 22 FY21 FY20 FY19 Current Ratio 6.2 6.1 5.9 5.8 7.2 7.2 Fixed Asset Turnover Ratio 3.1 3.7 5.1 4.2 3.8 4.1 Total Asset Tu
Slide 14: Cash Flows Update (Consolidated)
Cash Flows Update (Consolidated) (figures in INR Crs) Mar 31, Mar 31, Mar 31, Mar 31, Mar 31, Mar 31, Cumulative Particulars % of CFO 2024 2023 2022 2021 2020 2019 (FY 19- FY 24) PAT + Depn + non-cash adj 67.2 72.8 61.3 33.8 26.1 20.3 281.5 working capital changes (43.6) 27.9 (56.1) (29.0) (2.3) 17.
Slide 15: Company Updates
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