Summary of Key Information:
Reporting Period: Quarter and Financial Year ended March 31, 2026
Nature of Filing / Announcement: Outcome of Board Meeting - Audited Financial Results
Date of Board Meeting / Approval: May 22, 2026
Audit Opinion: Unmodified Opinion (Clean)
Auditor's Comment: No qualifications, reservations, adverse remarks, or observations
Key Financial Highlights [₹ in Crores]
Standalone Results:
Quarter Ended March 31, 2026:
- Revenue from Operations: ₹238.27
- Total Income: ₹242.45
- Net Profit: ₹14.36
- EPS: ₹5.90
Quarter Ended March 31, 2025:
- Revenue from Operations: ₹216.56
- Total Income: ₹219.82
- Net Profit: ₹5.29
- EPS: ₹2.18
Financial Year Ended March 31, 2026:
- Revenue from Operations: ₹860.11
- Total Income: ₹873.07
- Net Profit: ₹28.05
- EPS: ₹11.53
Financial Year Ended March 31, 2025:
- Revenue from Operations: Not explicitly stated
- Total Income: Not explicitly stated
- Net Profit: Not explicitly stated
- EPS: Not explicitly stated
Standalone Balance Sheet as at March 31, 2026:
- Total Assets: ₹784.63 Crores
- Equity Share Capital: ₹24.32 Crores
- Other Equity: ₹419.10 Crores
- Total Equity: ₹443.42 Crores
- Cash and Cash Equivalents: ₹10.57 Crores
- Borrowings: ₹251.45 Crores (Short-term: ₹218.12 Crores, Long-term: ₹33.33 Crores)
Consolidated Results:
Quarter Ended March 31, 2026:
- Revenue from Operations: ₹277.18
- Total Income: ₹280.35
- Net Profit: ₹19.60
- EPS: ₹8.06
Financial Year Ended March 31, 2026:
- Revenue from Operations: ₹923.07
- Total Income: ₹932.76
- Net Profit: ₹33.57
- EPS: ₹13.80
Consolidated Balance Sheet as at March 31, 2026:
- Total Assets: ₹818.99 Crores
- Equity Share Capital: ₹24.32 Crores
- Other Equity: ₹427.98 Crores
- Total Equity: ₹452.30 Crores
- Cash and Cash Equivalents: ₹13.13 Crores
- Borrowings: ₹269.96 Crores (Short-term: ₹230.25 Crores, Long-term: ₹39.71 Crores)
Segment-wise Performance:
The Company operates in only one reportable segment: manufacturing of home textiles products (bathmats, rugs, blankets, throws, cushions, etc.)
Other Significant Information:
- The Government of India implemented four labour codes effective from November 21, 2025
- The incremental impact of these changes is not material and has been recognized in the financial results
- The Group continues to monitor finalization of central/state rules and government clarifications
- The financial results include the following entities:
- Faze Three Limited (Holding Company)
- Faze Three US LLC (Wholly Owned Subsidiary)
- Mats and More Private Limited (Wholly Owned Subsidiary)
- Faze Three Employee Trust (Employee Welfare Trust)
Notes:
- Financial results are rounded to the nearest crores
- Figures for previous periods have been regrouped/reclassified for comparability
- There is no dilution to basic EPS as there are no outstanding potentially dilutive shares
- Other expense includes Mark-to-market realized loss on derivative contracts of ₹11.50 crore for the year ended March 31, 2026