Faze Three Ltd (F.Y. 2024-2025)

Executive Summary

Faze Three Ltd. is the leading textile and home furnishing products manufacturing company. The company produces and exports bath mats, rugs, carpets, floor coverings, cushions, throws, blankets, and other home textile products. During 2025, the company has a strong financial position. The company also faced challenges such as change in the raw material prices, uncertainty in economics, rising labor and energy costs, heavy competition, etc. During the year, the company received the Dun & Bradstreet Business Excellence Award 2025 under the category of Best Global Business-Mid Corporate. The company has a strong focus on innovation, operational efficiency, sustainability, and etc.

Company Overview

Faze Three Ltd. is the leading textile and home furnishing products manufacturing company. It was established in 1985. This company exports bath mats, rugs, carpets, floor coverings, cushions, throws, blankets, and other home textile products. During 2025, the company has a strong financial position. The company’s products are supplied to leading global retailers, department stores, specialty, stores, and e-commerce channels. This company focuses on innovation, product development, sustainability, quality manufacturing, and customer satisfaction.

Industry Overview

Faze Three Ltd. operates in the home textiles and home furnishing industry. The company produces and exports bath mats, rugs, carpets, floor coverings, cushions, throws, blankets, and other home textile products. The company has also faced challenges such as changes in cotton prices, high competition, change in exchange rate, and change in international trade policies. During 2025, the company has a strong financial position. This company focuses on innovation, operational efficiency, sustainability, and customer satisfaction.

Financial Performance (Amount in crores)

Particulars	2025	2024
Revenue from operations	658.91	535.85
Other income	14.02	8.70
Expenses
Cost of material consumed	351.82	269.16
Changes in inventories of FG and W-I-P	(29.22)	(28.06)
Employee benefits expense	102.12	81.12
Finance costs	14.27	11.15
Depreciation and amortization expense	24.03	19.98
Other expenses	158.49	133.96
Profit before tax	51.42	57.24
Tax expense
Current tax	9.87	13.47
Deferred tax (net)	1.72	1.66
Profit for the year	39.83	42.11

Source: Annual Report of Faze Three Ltd. 2025

Key Financial Ratio

Particulars	2025	2024
Debtors Turnover Ratio	7.99 times	6.04 times
Inventory Turnover Ratio	2.06 times	2.36 times
Current Ratio	1.39 times	1.63 times
Debt Equity ratio	0.40 times	0.41 times
Interest Coverage Ratio	0.43 times	0.54 times
Operating Profit Margin	13.62%	16.49%
Net Profit Margin	0.06%	0.08%
Return on Net Worth	0.15 times	0.17 times

Source: Annual Report of Faze Three Ltd. 2025

SWOT Analysis

Strengths

1.The company has a strong focus on innovation, sustainability, etc.

2.The company has a strong domestic and international market.

Weaknesses

1. The company highly depends on export markets.

2.High competition in domestic and international markets.

3.The company’s net profit has declined.

Opportunities

1.The company’s demand is growing for sustainable and eco-friendly products.

2. The company can expand its business.

3.The company has government support.

4.The company’s demand is growing for the home textile market.

Threats

1.The company has strong competition.

2. There can be economic slowdown and uncertainty in the market.

3.Changes in cotton prices can affect operating margin.

Conclusion

Faze Three Ltd. is the leading textile and home furnishing products manufacturing company. During 2025, the company has a strong financial position in the market. The company also faced challenges such as change in the raw material prices, uncertainty in economics, rising labor and energy costs, heavy competition, etc. Faze Three Ltd. is well-established for future growth.