FAZE3Q

Faze Three share price & financials

Price
₹597.5
Market cap
₹1.2k Cr
Sector
Textiles

What Faze Three does

Faze Three manufactures home and technical textile products — floor coverings such as bathmats and rugs, performance/outdoor textiles, top-of-bed items, blankets, curtains, accessories, and handloom rugs/throws — through vertically integrated operations spanning yarn to finished product across both cotton and man-made fibre (MMF). It operates as a 100% order-backed manufacturer (no speculative production), largely on FOB terms, and sells directly to large overseas retailers rather than through intermediaries. Its customer base includes long-standing (20+ year) relationships with major global retail chains, with no single customer exceeding 15% of revenue.

Segments

  • Floor Coverings
  • Performance & Outdoor Home Textiles
  • Top of Bed, Blankets, Curtains & Accessories
  • Handloom
Manufacturing facilities
8 factory locations across Silvassa (2), Vapi (1), Panipat (4) and Aurangabad (1)
Vertical integration
Yarn-to-finished-product manufacturing across both cotton and man-made fibre (MMF)
Manufacturing model
Order-backed manufacturing only (no speculative production); 60-120 day order turnaround
Customer base
Blue-chip global retailers incl. Walmart, Target, TJX Group, Costco, Williams Sonoma, Pottery Barn, JYSK, Sainsbury's, Action, Dollar General; top 15 customers with 20+ year relationships
Export markets
Direct exports to USA, UK and Europe
US subsidiary
Office and showroom in New York via wholly owned subsidiary Faze Three US LLC
Founded 1985Headquarters Mumbai, Maharashtra (corporate office); registered office in Silvassa, UT of Dadra & Nagar HaveliEmployees 857 (2025-03-31) Company website

Quarterly results

Q1 FY27: revenue up 4.0%, net profit down 31.3% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue149 170 199 205 201 +35%217 +27%238 +20%213 +4%
EBITDA17 21 23 23 5 −71%16 −24%25 +12%17 −25%
Net profit7 9 17 13 -4 −161%5 −40%14 −15%9 −31%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −10.3% 1Y

₹400₹500₹600Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹545.4 on 10 Sept 2025 → ₹489.45. High ₹621.85 (25 Jun 2026), low ₹349.8 (9 Jan 2026).

Financials, as filed

Revenue grew 16.3% a year over 3 years, FY23 to FY26. Operating margin narrowed to 8.0%.

Year endingFY23FY24FY25FY26
Revenue₹547 Cr₹536 Cr₹659 Cr₹860 Cr
Operating profit₹92 Cr₹77 Cr₹76 Cr₹69 Cr
Operating margin16.8%14.3%11.5%8.0%
Interest₹7 Cr₹11 Cr₹14 Cr₹18 Cr
Depreciation₹14 Cr₹20 Cr₹24 Cr₹29 Cr
Net profit₹58 Cr₹42 Cr₹40 Cr₹28 Cr
Net margin10.5%7.9%6.0%3.3%
Cash from operations₹109 Cr₹35 Cr₹29 Cr₹58 Cr
Free cash flow₹57 Cr₹-16 Cr₹-35 Cr₹-56 Cr
ROCE19.0%15.0%12.0%9.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹24 Cr₹24 Cr₹24 Cr₹24 Cr₹24 Cr₹24 Cr
Reserves₹204 Cr₹256 Cr₹312 Cr₹354 Cr₹400 Cr₹419 Cr
Borrowings₹103 Cr₹167 Cr₹173 Cr₹169 Cr₹220 Cr₹256 Cr
Other liabilities₹27 Cr₹42 Cr₹34 Cr₹40 Cr₹90 Cr₹85 Cr
Total liabilities₹359 Cr₹489 Cr₹543 Cr₹587 Cr₹734 Cr₹785 Cr
Fixed assets₹141 Cr₹161 Cr₹212 Cr₹243 Cr₹300 Cr₹327 Cr
Capital work in progress₹1 Cr₹4 Cr₹4 Cr₹5 Cr₹7 Cr₹12 Cr
Investments₹3 Cr₹13 Cr₹15 Cr₹17 Cr₹17 Cr₹20 Cr
Other assets₹214 Cr₹312 Cr₹312 Cr₹322 Cr₹410 Cr₹425 Cr
Total assets₹359 Cr₹489 Cr₹543 Cr₹587 Cr₹734 Cr₹785 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, DIIs trimmed −0.36 pp while the public added +0.32 pp. The shareholder count shrank 11% to 10,004.

Promoters
58.0%
DIIs
0.8%
Public
41.0%
Others
0.2%

Since Jun 2025

  • DIIs −0.36 pp
  • Public +0.32 pp
  • FIIs −0.10 pp

How it drifted, 12 quarters

Over this window the public fell from 43.5% to 41.0% — −2.5 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 56.2%, DIIs 0.4%, Public 43.5%.Dec '23: Promoters 56.2%, DIIs 0.5%, Public 43.4%.Mar '24: Promoters 56.2%, DIIs 0.4%, Public 43.4%.Jun '24: Promoters 56.2%, FIIs 0.0%, DIIs 0.5%, Public 43.4%.Sep '24: Promoters 56.2%, DIIs 0.3%, Public 43.6%.Dec '24: Promoters 58.0%, DIIs 0.3%, Public 41.8%.Mar '25: Promoters 58.0%, FIIs 0.0%, DIIs 0.3%, Public 41.6%, Others 0.1%.Jun '25: Promoters 58.0%, FIIs 0.1%, DIIs 1.1%, Public 40.7%, Others 0.1%.Sep '25: Promoters 58.0%, FIIs 0.0%, DIIs 1.0%, Public 40.9%, Others 0.2%.Dec '25: Promoters 58.0%, DIIs 0.8%, Public 41.1%, Others 0.2%.Mar '26: Promoters 58.0%, FIIs 0.1%, DIIs 0.8%, Public 40.9%, Others 0.2%.Jun '26: Promoters 58.0%, DIIs 0.8%, Public 41.0%, Others 0.2%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Faze Three above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Ajay Brijlal Anand 34.84%unchanged
Ajay Shrikrishan Jindal 11.56%unchanged
Instyle Investments Pvt Ltd 9.85%unchanged
Vishnu Anand 5.72%unchanged
Salim Pyarli Govani 5.68%unchanged
Ashish Kacholia 5.42%unchanged
Sanjay Anand 2.99%unchanged
Ajay Anand Huf 2.72%unchanged
Anand Rashmi 1.41%unchanged
Openxcell Technolabs Pvt Ltd 1.13%unchanged
Mamata Finvest Private Limited 0.36%unchanged
Rohina Anand 0.09%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Learn to analyse Faze Three

Guides on how to read this kind of business and the numbers that matter.