Faze Three Ltd. · NSE:FAZE3Q
Faze Three — Q1 FY2024 Earnings Presentation
16 slides from Faze Three's earnings presentation, Aug 11, 2023
Slide 1: Stock exchange disclosure letter
August 11, 2023 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 quarter ended June 30, 2023 & Company presentation
Aug 11, 2023 Financial Results for quarter ended June 30, 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
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
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 ✓ The company reported Revenue and PAT for Q1 FY 24 ~INR 134 Crs and INR 12.4 Crs respectively versus ~INR 143 Crs and ~INR 14.8 Crs in QE Mar 23. Historically, QE June is lowest in terms of revenue relative to rest of the year owing to element of seasonal
Slide 9: Company's readiness to capitalize on the Global Opportunity
Company’s readiness to capitalize on the Global Opportunity ✓ Invested over ~INR 153 Crs from internal accruals across units for Expansion, new machinery, new technologies & de-bottlenecking from FY 2019. ~INR 115 Crs of INR 153 Crs invested since Dec 2020 ✓ Concluded / Ongoing Expansions: ✓ Conclud
Slide 10: Profit and Loss Summary - Annual (consolidated)
Profit and Loss Summary - Annual (consolidated) (figures in INR Crs) TTM June Particulars FY 23 FY 22 FY 21 FY 20 FY 19 23 Total Income 549.9 563.8 511.4 326.7 306.3 270.3 ✓ Revenue for TTM June 2023 takes into effect impact of significant fall in raw Total Income growth % -2.5% 10.2% 56.5% 6.7% 13.
Slide 11: Profit and Loss Summary - Quarterly (consolidated)
Profit and Loss Summary - Quarterly (consolidated) (figures in INR Crs) Particulars QE June 23 QE Mar-23 QE Jun 22 Total Income 134.3 143.6 148.1 EBIDTA 24.2 25.8 24.5 EBIDTA margin % 18.00% 17.95% 16.6% Depreciation 4.52 4.08 3.01 Finance Cost 2.94 2.77 1.66 PBT 16.7 18.9 19.9 PAT 12.4 14.8 14.6 PA
Slide 12: Balance Sheet Summary Annual (consolidated)
Balance Sheet Summary Annual (consolidated) (figures in INR Crs) Particulars Jun 30, 2023 Mar 31, 2023 Mar 31,2022 Mar 31,2021 Mar 31,2020 Mar 31,2019 Networth^ 347.0 336.0 278.3 226.1 201.5 185.2 Non-Current liabilities 7.0 6.8 5.3 1.7 2.6 3.9 ST Borrowings (Net of Cash & Cash Eq)* 37.0 44.3 77.1 4
Slide 13: Key Ratios Summary (consolidated)
Key Ratios Summary (consolidated) Return Ratios Q1FY24 FY 23 FY 22 FY21 FY20 FY19 ROE^ 19% 21% 23% 15% 10% 13% Core ROCE #^ 26% 27% 29% 19% 13% 15% Operating Ratios Q1FY24 FY 23 FY 22 FY21 FY20 FY19 Current Ratio 5.8 6.1 5.9 5.8 7.2 7.2 Fixed Asset Turnover Ratio 3.4 3.8 5.1 4.2 3.8 4.1 Total Asset
Slide 14: Cash Flows Update (Consolidated)
Cash Flows Update (Consolidated) (figures in INR Crs) Cumulative Particulars Jun 30, 2023 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021 Mar 31, 2020 Mar 31, 2019 % of CFO (FY 19- FY 23) PAT + Depn 16.93 72.8 61.3 33.8 26.1 20.3 231.2 working capital changes 6.76 23.9 (56.1) (29.0) (2.3) 17.0 (39.8) 17% CF
Slide 15: Company Update: Listing on NSE, Awards & Recognition
Company Update Listing on National Stock Exchange Faze Three Limited has Listed its equity shares on National Stock Exchange of India Limited (NSE), w.e.f. from the trading hours of Friday, November 18, 2022 on Main Board of NSE. Your Company is now Listed on both Major Stock Exchanges in India i.e.
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