MarketFriction

Faze Three Ltd

NSE FAZE3Q · BSE 530079 · Other Textile Products
₹433.05 -2.06%
NSE close2026-10-01
52 week range322.10 - 650.05
Market cap₹1,036 Cr.
P/E34.0
Price band 10% Delivery 53.6%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales132.48138.26164.35149.08152.12178.19210.55211.97206.98226.93277.18229.39
Expenses110.09114.87145.92132.65134.53156.32186.01187.32201.65208.35243.19208.01
Operating Profit22.3923.3918.4316.4317.5921.8724.5424.655.3318.5833.9921.38
OPM %16.90%16.92%11.21%11.02%11.56%12.27%11.66%11.63%2.58%8.19%12.26%9.32%
Other Income2.401.631.882.451.610.057.693.880.242.403.175.71
Interest2.842.662.813.013.334.134.084.194.564.656.065.64
Depreciation4.965.375.755.836.126.226.867.227.667.907.968.07
Profit before tax16.9916.9911.7510.049.7511.5721.2917.12-6.658.4323.1413.38
Tax %25.90%25.19%24.09%27.69%27.18%23.34%18.13%25.41%-21.80%24.08%15.30%27.95%
Net Profit12.5912.718.927.267.108.8717.4312.77-5.206.4019.609.64
EPS in Rs5.185.233.672.992.923.657.175.25-2.142.638.063.96
Mar 2008Mar 2009Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales111139240269302324504558565690923940
Expenses109153220241269277422457467600830861
Operating Profit3-15192834488210297909379
OPM %2.6%-11%8%10%11%15%16%18%17%13%10%8%
Other Income161511242767121012
Interest813879681522243021
Depreciation457589101421253132
Profit before tax7-1816182135717862534238
Tax %28%4%-8%16%14%29%28%25%25%23%20%
Net Profit5-1917151825515847413430
EPS in Rs4.10-15.616.926.197.4610.2521.0023.9719.1616.7213.8012.51
Dividend Payout %0%0%7%0%7%0%0%2%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%23%18%25%
Compounded Profit Growth%2%-22%-34%
Stock Price CAGR30%6%5%-14%
Return on Equity%12%9%6%
Mar 2007Mar 2008Mar 2009Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital121212242424242424242424
Reserves545940148161177202254310356396428
Borrowings88114128746766103167174170192275
Other Liabilities253042151717274238437491
Total Liabilities179214222261270285357488547593686819
Fixed Assets808691113121137141161216252306359
CWIP212151011447912
Investments66600001012141118
Other Assets91110110146149147214312314321362430
Total Assets179214222261270285357488547593686819
Mar 2007Mar 2008Mar 2009Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity13-208-1337319-7110371258
Cash from Investing Activity-13-20-13-4-15-5-53-51-44-44-43-117
Cash from Financing Activity2418418-13-223161-6-19463
Net Cash Flow23-22-1094-13360-26-274
Free Cash Flow-0-40-5-232821-5-3955-23-70-62
CFO/OP147%-658%-53%-32%142%107%31%8%126%57%22%72%
Mar 2007Mar 2008Mar 2009Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days4711999616153785963494845
Inventory Days188263203228203161169192121189211141
Days Payable69104120212518323624264325
Cash Conversion Cycle165279182268239196215215160211216161
Working Capital Days15728620275576051324294620
ROCE %9%-3%10%11%14%20%19%16%12%10%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters56.16%56.16%56.16%56.16%56.16%57.95%57.95%57.95%57.95%57.95%58.01%58.01%
FIIs0.00%0.00%0.00%0.02%0.00%0.00%0.02%0.10%0.01%0.00%0.14%0.00%
DIIs0.36%0.47%0.44%0.47%0.29%0.26%0.26%1.13%0.97%0.78%0.77%0.77%
Public43.47%43.38%43.40%43.35%43.56%41.80%41.65%40.70%40.85%41.06%40.86%41.02%
Others0.00%0.00%0.00%0.00%0.00%0.00%0.12%0.12%0.20%0.20%0.20%0.20%
No. of Shareholders11,13113,60012,60611,92412,63512,76512,32311,23212,32211,83610,85010,004

Fundamentals

Market Cap₹ 1,036 Cr.
Current Price₹ 422
Stock P/E34.0
Book Value₹ 186
ROCE10.1 %
ROE6.44 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)25%
Compounded Profit Growth (TTM)-34%
Consolidated figures.
Valuation
Market capRs 1,053 Cr
Enterprise valueRs 1,315 Cr
P/E (TTM)34.60x
Price to book2.33x
Price to sales1.12x
EV / EBITDA14.49x
EV / EBIT22.22x
EV / sales1.40x
Price to cash flow18.07x
Earnings yield2.89%
P/E, 3-year average22.29x
P/B, 3-year average2.11x
P/E, 5-year average19.01x
P/B, 5-year average2.28x
Profitability
Operating margin (excl. other income)10.12%
Operating margin (incl. other income)11.17%
EBITDA margin9.65%
Pre-tax margin4.07%
Net profit margin3.24%
Net margin, latest quarter4.20%
ROE7.70%
ROCE10.81%
ROA4.46%
ROE, 3-year average10.29%
ROCE, 3-year average13.30%
ROA, 3-year average6.33%
ROE, 5-year average14.03%
ROCE, 5-year average15.95%
ROA, 5-year average8.47%
ROIC (approx.)6.62%
Tax rate20.15%
Other income / net worth2.14%
Growth
Sales growth (latest year)33.79%
Profit growth (latest year)-17.44%
Sales CAGR, 3 years18.26%
Sales CAGR, 5 years23.26%
Profit CAGR, 3 years-16.81%
Profit CAGR, 5 years6.13%
Sales growth QoQ-17.24%
Profit growth QoQ-50.82%
Sales growth YoY (latest quarter)8.22%
Profit growth YoY (latest quarter)-24.51%
Per share
EPS (TTM)Rs 12.52
EPS (latest year)Rs 13.80
EPS (latest quarter)Rs 3.96
EPS, 3-year averageRs 16.56
EPS, 5-year averageRs 18.93
Book value per shareRs 185.99
Sales per shareRs 386.73
Cash flow per shareRs 23.96
Free cash flow per shareRs -25.49
Dividend per share, 5-year averageRs 0.50
Dividends
Dividend payout, 5-year average2.09%
Efficiency
Asset turnover1.13x
Fixed asset turnover2.57x
Inventory turnover3.24x
Inventory days113 days
Debtor days45 days
Debtors turnover8.05x
Creditor days25 days
Cash conversion cycle161 days
Working capital days20 days
Leverage
Total debtRs 275 Cr
Cash and bankRs 13 Cr
Net debtRs 262 Cr
Debt to equity0.61x
Net debt / EBITDA2.89x
Interest coverage2.83x
Current ratio (filing 2026-03-31)1.26x
Quick ratio (filing 2026-03-31)0.66x
Trade payables (filing 2026-03-31)Rs 33 Cr
Owners' fund to total sources55.23%
Debt to assets33.64%
Cash flow
Cash from Operating Activity (latest year)Rs 58 Cr
Cash from Investing Activity (latest year)Rs -117 Cr
Cash from Financing Activity (latest year)Rs 63 Cr
Net Cash Flow (latest year)Rs 4 Cr
Free cash flow (latest year)Rs -62 Cr
FCFE (approx.: FCF + change in debt)Rs 21 Cr
Cash from ops / profit, 5 years0.91x
Sales to cash flow15.84x
Statement figures
Net sales (TTM)Rs 940 Cr
Net sales (latest year)Rs 923 Cr
Sales (latest quarter)Rs 229 Cr
Operating profit excl. other income (latest year)Rs 93 Cr
Operating profit (latest quarter)Rs 21 Cr
Other income (TTM)Rs 12 Cr
EBITDA (TTM)Rs 91 Cr
PBDT (TTM)Rs 70 Cr
Profit before tax (TTM)Rs 38 Cr
Tax (latest year)Rs 8 Cr
Net profit (TTM)Rs 30 Cr
Net profit (latest year)Rs 34 Cr
Net profit (latest quarter)Rs 10 Cr
Depreciation (TTM)Rs 32 Cr
Depreciation (latest quarter)Rs 8 Cr
Interest (TTM)Rs 21 Cr
Cost of goods sold (latest year)Rs 611 Cr
Total expenditure (latest year)Rs 830 Cr
Total income (latest year)Rs 933 Cr
Share capitalRs 24 Cr
ReservesRs 428 Cr
Shareholders' fundsRs 452 Cr
Total assetsRs 819 Cr
Net blockRs 359 Cr
Capital work in progressRs 12 Cr
InvestmentsRs 18 Cr
ReceivablesRs 115 Cr
InventoryRs 188 Cr
Other liabilitiesRs 91 Cr
Shares outstanding (crore)2.43
Ownership
Promoter holding58.01% (+0.06 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 34.6 is at the 88th percentile of its own 8.4-year range (median 16.3, low 4.0, high 43.4).
P/B 2.33 is at the 36th percentile (median 2.66).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodFAZE3QNifty 50Difference
1 week+2.6%-2.8% +5.4 pts
1 month-11.7%-6.8% -4.9 pts
3 months-29.5%-7.6% -21.9 pts
6 months+14.6%+0.4% +14.2 pts
1 year-8.3%-9.9% +1.6 pts
2 years-8.3%-13.6% +5.2 pts
3 years+18.1%+14.2% +4.0 pts
5 years+28.7%+27.9% +0.9 pts

Red flags

F-score 5 of 8
explainDebt up, profit down Borrowings up 43% while net profit fell in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹229 Cr +8.2% vs Jun 2025. Net profit ₹10 Cr -24.5%.
Against our estimate for Jun 2026: sales -16.4%, profit -20.6% in line. Our estimate for Sep 2026: sales Rs 248 Cr, profit Rs 9 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-09-19Annual General Meeting
2023-09-20Annual General Meeting
DateTypeWhat it says
2026-09-05Director changeChange in Director(s) of the company.
2026-09-05Shareholder meetingVoting results of 41st Annual General Meeting held on September 04, 2026.
2026-09-05Shareholder meetingFaze Three Limited has submitted the Exchange a copy of consolidated Scrutinizers Report on remote e-voting and e-voting conducted for its 41st Annual...
2026-09-04General UpdatesProceedings of 41st AGM of the Company
2026-09-01UpdatesSubmission of First Supplemental Trust Deed of Faze Three Employee Trust pursuant to Regulation 3(3) of the Securities and Exchange Board of India (Sh...
2026-08-21Concall / analyst meetSchedule of Analyst / Institutional Investor Meetings
2026-08-20Concall / analyst meetSchedule of Analyst / Institutional Investor Meetings
2026-08-20Concall / analyst meetSchedule of Analyst / Institutional Investor Meetings
2026-08-13UpdatesThe Business Responsibility and Sustainability Reporting for the Financial Year 2025-26.
2026-08-13Shareholder meetingNotice of 41st Annual General Meeting of Faze Three Limited scheduled to be held on September 04, 2026 through Video Conferencing
2026-08-13General UpdatesThe letter sent to Shareholders of the Company whose e-mail addresses are not registered with Company/RTA/ DP, pursuant to Regulation 30 and 36(b) of ...
2026-08-11UpdatesSubmission of Investor Presentation of the Company on the Un-Audited (Standalone and Consolidated) Financial Results of the Company for the quarter en...
2026-08-11Change in Management(1). Appointment of Mr. Mohit Solanki as Additional Director (Independent) and (2). Cessation of office of Mr. Vinit Rathod upon completion of 2nd ten...
2026-08-11Board meeting outcomeFaze Three Limited has submitted to the Exchange, the Un-Audited (Standalone and Consolidated) Financial Results for the quarter ended June 30, 2026
2026-08-11Committee Meeting UpdatesOutcome of Nomination and Remuneration Committee Meeting held on August 11, 2026 for the purpose of (1). Allotment of 2,78,840 Equity shares of the Co...
2026-07-09Credit RatingCredit Rating
2026-07-01UpdatesReceipt of Approval Under Production Linked Incentive(PLI) Scheme of Government of India.
2026-06-29ESOP grantThe grant of options to purchase securities pursuant to the Faze Three Employee Stock Option Scheme 2024.
2026-06-15Disclosure under SEBI TakeovAjay Anand has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquis...
2026-06-10ResignationResignation of Director/KMP/SMP
2026-06-10ResignationResignation of Mr Manan Manoj Shah as Independent Director of the company w.e.f. Jun 10, 2026. Please refer attached disclosure for further details.
2026-05-25General UpdatesSubmission of Investor Presentation of the Company on the Audited Financial Results (Standalone and Consolidated) of the Company for the Quarter and F...
2026-05-22Board meeting outcomeFaze Three Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-22Board meeting outcomeFaze Three Limited has submitted to the Exchange, the Audited (Standalone and Consolidated) Financial Results of the Company for the Quarter and Finan...
2026-03-31General UpdatesRe-classification of status from Promoter of Megamont Limited (Formerly known as V R Woodart Limited) to Public Category
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Faze Three Ltd?

Faze Three Ltd (FAZE3Q) has a market capitalisation of Rs 1,036 Cr. at the 2026-10-01 close.

What is the P/E ratio of Faze Three Ltd?

Faze Three Ltd trades at a P/E of 34.0 on trailing twelve-month profit, at the 2026-10-01 close.

What were Faze Three Ltd's latest quarterly results?

In the Jun 2026 quarter, Faze Three Ltd sales was Rs 229 Cr (+8.2% vs Jun 2025) and net profit was Rs 10 Cr.

What is the 52-week high and low of Faze Three Ltd?

The 52-week high is Rs 650.05 and the 52-week low is Rs 322.10.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03