View document text
August 11, 2026
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: FAZE3Q
Dear Sir/Ma’am,
Sub: Submission of Investor Presentation of the Company on the Un-audited Financial Results
(Standalone and Consolidated) of the Company for the quarter ended June 30, 2026
Ref: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Please find enclosed herewith the Company’s presentation on the Un-audited Financial Results
(Standalone and Consolidated) of the Company for the quarter ended June 30, 2026.
You are requested to kindly take the same on record and bring it to the notice of your constituents.
Thanking you,
Yours Sincerely,
For Faze Three Limited
AJAY ANAND
Managing Director
DIN: 00373248
FAZE THREE LIMITED
(CIN: L99999DN1985PLC000197)
Regd. Office: Survey 380/1, Khanvel Silvassa Road, Dapada, Silvassa – 396 230, UT of D&NH
Corporate Office: 63/64, 6th Floor, Wing C, Mittal Court, Nariman Point, Mumbai - 400021.
Tel. : 91 (22) 43514444, 66604600 * Fax : 91 (22) 24936811 * E-mail : cs@fazethree.com * Website : www.fazethree.com
Investor Presentation
Financial Results — Quarter Ended June 30, 2026
11 August 2026
Investment Thesis
~INR 950 Cr INR 1,650+ Cr INR 385+ Cr
Capex from internal
TTM June 26 Revenue Installedrevenuecapacityacrossallunits.
accruals since FY20
Additional capex underway in FY27 to add new
productcategories;gestationperiodof~1year.
+35% over FY25
Operating Leverage Ahead China+1 Structural Tailwind
Averageutilisationof55–60%acrossINR1,650+Crofinstalledcapacity.Revenue CNYINRhasappreciated21%over13months,alongsidea10%tariffdifferential.
cannearlydoublewithoutsignificantincrementalcapex,andtheconcludingFY27 Leadingretailersareactivelydiversifying15–20%ofsourcingoutofChinaover2–3
capexcycleaddsfurtherheadroom. years,withIndiatheprimarybeneficiary.
Blue-Chip Customer Base Vertically Integrated Model
Walmart,Target,TJMaxxgroup,Action,Costco,WilliamsSonoma,PotteryBarn,JYSK Yarn-to-finished-product capability across cotton and MMF, spread over 8 factory
and Sainsbury’s, among others — 20+ year relationships with the top 15 customers locations.ReplacementcostofINR850+Crrepresentsasignificantbarriertoentry.
underpinabuilt-indemandpipeline. TheCompanymanufacturesentirelyagainstconfirmedcustomerorders.
Cash Flow Inflection PLI & Trade Deal Catalysts
PLI approval received on July 1, 2026 across multiple products, with benefits
Withthecapexcycleconcluding,40–50%ofoperatingcashflowbecomesavailable
expected to accrue from April 2027 (FY28). EU and UK trade deals are in place and US
for debt reduction, dividends or growth. Cash generation continues to improve
tariffs stand at 10% under Section 301. Tariff refunds should support retail demand
withscaleandabetterproductmix.
in H2 CY27.
Est. 1985 • Listed 1995 • CARE A (Stable) / A1 • Home & Technical Textiles • Order-backed manufacturing 2
Company at a Glance
Operations Product Categories
• Engaged in manufacturing of Technical & Home Textiles products • Floor coverings: Bathmats, Rugs —Rubber backed
• Direct exports to large retailers in USA, UK & EUR —over 90% export
• Performance & Outdoor Home Textiles (micro polyester, cushions)
revenue
• 8 factory locations: Silvassa (2), Vapi (1), Panipat (4), Aurangabad (1) • Top of Bed, Blankets, Curtains, Accessories
• Office + Showroom in New York, USA (Faze Three US LLC) • Handloom: Accent Rugs, Throws, Power-loom rugs
• Equal capabilities across Cotton & Polyester/MMF products • Vertically integrated: Yarn to Finished Product
• Order-backed manufacturing only; ~85% FOB; turnaround 45-100 days • Inhouse Design, Development & Innovation capability
• Globally mandated infrastructure and operations standards
Competitive Edge
Market & Customer Profile
• Multiple product lines (unique vs
• Strong 20+ year relationships with Top 15 customers
peers)
• China cost, tariff & FX arbitrage
• Top 12 customers contribute ~80% of revenue
35% neutralised
65% • No single customer exceeds 15% of revenue • Adequate room for all Indian peers
• Most customers procure multiple products across factories • Most peers in only 1 product
category
• Customer appetite at least 10x current volumes —huge unfulfilled
USA UK / EUR demand
Management: Founder/Promoters + Professional CXOs • CARE Rated A (Stable) / A1 (July 2026) • Factory replacement value > INR850 Crs 3
Our Valued Customers
Product Portfolio
www.fazethree.com
Market Opportunity
China +1 Acceleration Trade Deals in Place
CNYINR moved from 11.65 to 14.10 (+21%) in 13 months —major cost FTA with EU and UK are additional positives. Tariff refunds expected to boost
advantage for India. Top retailers targeting 15-20% diversification from China retail demand H2 CY27 as retailers pass on savings. Full effect visible over 1-2
within 2-3 years. 25%+ differential for EUR/GBP buyers. Combined with 10% years. USA Tariffs at 10% under S 301 (Trade deal under process).
tariff differential in USA, this is the strongest tailwind in a decade.
India preferred diversifier under China+1
Supplier Landscape
Commitments from large retailers like Walmart to source $ 30Bn by 2030. Other supplier countries (Turkey, Egypt, Pakistan, Bangladesh) face structural
MostretailerspreferIndiaascountrydiversificationoptionversusChina challenges —currency instability, infrastructure gaps, quality issues —driving
customer preference towards India. Brownfield expansion is the key to
Worldslargestdemocracy&politicallystablelargeeconomy capturing demand.
Labourcosts&CurrencytailwindversuspeerslikeChina
India's MMF Opportunity Supply chain opportunity
India leads in cotton home textiles but MMF (Floor coverings, Rugs, Outdoor, With significant scale of operations / business coming to Indian Companies,
Performance textiles, TOB, Curtains) is dominated by China. India's MMF the Retailers would prefer to establish supply chain for moving larger value
exports potential is estimated at 20x current levels. PLI for MMF will build the businesses across Textile Trade from hereon eg: Foxconn to India
optimum supply chain.
Post energy crises caused by West Asia, Supply Chains will again reroute and
As India consumes more Oil over the years the RM availability for downstream tilt in favor of India given the stability and neutrality
industries will drive economy of scale and pricing parity with global markets 6
Capitalizing on the Global Opportunity
INR 385+ Crs invested from internal accruals since FY20
2022 Top of Bed 2023 2024-26 Mats & More Sub.
Silvassa Panipat
& Blankets (Aurangabad)
MMF Floor Coverings, Brownfield expansion Cotton Home Textiles Patio mats, outdoors
Performance Rugs, backed by customer division and textiles —new category
Technical & Outdoor commitments processing unit for existing customers
INR 500 Crsrevenue capacity INR 450+ Crsrevenue capacity INR 550+ Crsrevenue capacity INR 150 Crsrevenue capacity
~60% utilisation ~55% utilisation ~55% utilisation ~30% utilisation
• INR 25+ Cr invested in Rooftop Solar 3.5 MW (captive), PNG clean energy for processing & Li-ion Electric MHE —ESG focus
• CARE credit rating reaffirmed A(Stable)/A1 (July 2026). Factory replacement value >INR 850 Crs —significant entry barrier
• Focus on reducing costs, being innovative and most competitive manufacturer while maintaining budgeted net profit margins
• Strong domestic supplier partnerships with upfront payment terms securing quality and timely supplies from best in business
• Company's current planned capex expected to conclude in FY27. At least 40-50% of CFO available for alternative uses ahead
Management Outlook — FY27 & Beyond
Q1FY27: Highest-ever revenue for a June quarter. EBIDTA margin at ~11.5%, reflecting significant input cost pressure that arose in Q1
and has continued into Q2 hitherto on
[Showing first 8,000 characters — download PDF for full document]