Integrated Filing — IndAS



General information about company

Scrip Code 530079
NSE Symbol FAZE3Q
MSEI Symbol NOTLISTED
ISIN INE963C01033
Name of company Faze Three Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 13-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 06-11-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Manufacturing of Home Textile Products
Start date and time of board meeting 13-11-2025   17:00:00
End date and time of board meeting 13-11-2025   17:43:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 23-05-2025
Indicate Company website link for updated RPT policy of the Company https://www.fazethree.com/investors/policies
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
The Company has not defaulted in repayment of any of its loans. Furthermore, the Company has not issued any debt securities.



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 20,056.00 40,528.00
Other income 79.00 552.00
Total income 20,135.00 41,080.00
2 Expenses
(a) Cost of materials consumed 10,930.00 22,476.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (518.00) (1,921.00)
(d) Employee benefit expense 3,041.00 6,132.00
(e) Finance costs 439.00 842.00
(f) Depreciation, depletion and amortisation expense 715.00 1,393.00
(f) Other Expenses
1 Other Expenses 6,109.00 11,037.00
Total other expenses 6,109.00 11,037.00
Total expenses 20,716.00 39,959.00
3 Total profit before exceptional items and tax (581.00) 1,121.00
4 Exceptional items 0.00 0.00
5 Total profit before tax (581.00) 1,121.00
6 Tax expense
7 Current tax (150.00) 258.00
8 Deferred tax 5.00 23.00
9 Total tax expenses (145.00) 281.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations (436.00) 840.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period (436.00) 840.00
17 Other comprehensive income net of taxes (6.00) (16.00)
18 Total Comprehensive Income for the period (442.00) 824.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 2,432.00 2,432.00
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -1.8 3.46
Diluted earnings (loss) per share from continuing operations -1.8 3.46
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -1.8 3.46
Diluted earnings (loss) per share from continuing and discontinued operations -1.8 3.46
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes to Standalone Un-Audited Financial Results for the second quarter and half year ended September 30, 2025 1. The Company is engaged in manufacturing and exports of home textiles products items viz. bathmats, rugs, blankets, throws, cushions, etc. 2. The Statement of Standalone Unaudited Financial Results were reviewed and recommended by the Audit Committee and thereafter approved by the Board of Directors at their respective meetings held on November 13, 2025. The standalone unaudited financial results of the Company, will be available on the website of BSE (www.bseindia.com) and NSE (www.nseindia.com) and on Company's website (www.fazethree.com). 3. The above Statement has been prepared in accordance with the recognition and measurement principles laid down in Ind AS 34 ‘Interim Financial Reporting’, prescribed under Section 133 of the Companies Act, 2013, as amended, read with relevant rules thereunder and in terms of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 as amended. 4. The financial results of the Trust have been included in the standalone unaudited financial results of the Company in accordance with the requirements of Ind-AS and cost of such Treasury shares has been presented as a deduction in Other Equity. Such number of equity shares (which are lying with the Trust) have been reduced while computing basic and diluted earnings per share. 5. Other expense includes Mark-to-market loss on derivative contract of Rs 16.92 crore and Rs 14.05 crore for the quarter and half year ended September 30, 2025, respectively [Rs (2.86) crore gain for quarter ended June 30, 2025; Rs 0.41 crore and Rs. 0.12 crore loss for the quarter and half year ended September 30, 2024 respectively; Rs (0.21) crore gain for the year ended March 31, 2025]. 6. The Company operates in only one reportable segment viz. manufacturing of home textiles. 7. There is no dilution to the basic EPS as there are no outstanding potentially dilutive shares. 8. The Standalone unaudited financial results are rounded to the nearest crores, except when otherwise indicated. Amounts represented by ‘0’ (zero) construes value less than Rupees fifty thousand. 9. The figures for the previous period/year have been regrouped / reclassified wherever necessary, to make them comparable.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 30,022.00
Capital work-in-progress 697.00
Investment property 0.00
Goodwill 0.00
Other intangible assets 16.00
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 267.00
Trade receivables, non-current 0.00
Loans, non-current 4,504.00
Other non-current financial assets 395.00
Total non-current financial assets 5,166.00
Deferred tax assets (net) 0.00
Other non-current assets 4,100.00
Total non-current assets 40,001.00
2 Current assets
Inventories 19,355.00
Current financial asset
Current investments 1,407.00
Trade receivables, current 7,440.00
Cash and cash equivalents 841.00
Bank balance other than cash and cash equivalents 13.00
Loans, current 0.00
Other current financial assets 528.00
Total current financial assets 10,229.00
Current tax assets (net) 0.00
Other current assets 3,856.00
Total current assets 33,440.00
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 73,441.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 2,432.00
Other equity 39,970.00
Total equity attributable to owners of parent 42,402.00
Non controlling interest
Total equity 42,402.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities 365.00
Total non-current financial liabilities 365.00
Provisions, non-current 184.00
Deferred tax liabilities (net) 786.00
Deferred government grants, Non-current 0.00
Other non-current liabilities 0.00
Total non-current liabilities 1,335.00
Current liabilities
Current financial liabilities
Borrowings, current 21,098.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 538.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 3,284.00
Total Trade payable 3,822.00
Other current financial liabilities 4,219.00
Total current financial liabilities 29,139.00
Other current liabilities 108.00
Provisions, current 457.00
Current tax liabilities (Net) 0.00
Deferred government grants, Current 0.00
Total current liabilities 29,704.00
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 31,039.00
Total equity and liabilites 73,441.00
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement of the post employment defined benefit plans -800000 -2100000
2 Tax relating to items that will not be reclassified to profit or loss 200000 500000
Total Amount of items that will not be reclassified to profit and loss (6.00) (16.00)
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income (6.00) (16.00)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 1,121.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 842.00
Adjustments for decrease (increase) in inventories (760.00)
Adjustments for decrease (increase) in trade receivables, current 755.00
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (300.00)
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current (66.00)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (82.00)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (27.00)
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 1,393.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current (10.00)
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 517.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 1,452.00
Adjustments for dividend income 0.00
Adjustments for interest income 0.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) (357.00)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 3,357.00
Net cash flows from (used in) operations 4,478.00
Dividends received 0.00
Interest paid 0.00
Interest received (181.00)
Income taxes paid (refund) 543.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 3,754.00
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 22.00
Purchase of property, plant and equipment 6,243.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 672.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 174.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 5.00
Net cash flows from (used in) investing activities (6,714.00)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 99.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 4,161.00
Repayments of borrowings 0.00
Payments of lease liabilities 303.00
Dividends paid 0.00
Interest paid 770.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 2,989.00
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 29.00
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents (71.00)
Net increase (decrease) in cash and cash equivalents (42.00)
Cash and cash equivalents cash flow statement at beginning of period 883.00
Cash and cash equivalents cash flow statement at end of period 841.00





Amount in (Lakhs)

Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)

Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 FAZE THREE LIMITED FAZE THREE AUTOFAB LIMITED Entity in which Directors & Promoters have common control Sale of goods or services 4,000.00 _ 1,120.00 674.00 (430.00) Textual Information(1)
2 FAZE THREE LIMITED FAZE THREE AUTOFAB LIMITED Entity in which Directors & Promoters have common control Sale of goods or services 1,500.00 _ 32.00 0.00 0.00 Textual Information(2)
3 FAZE THREE LIMITED FAZE THREE AUTOFAB LIMITED Entity in which Directors & Promoters have common control Purchase of goods or services 2,500.00 _ 282.00 0.00 0.00 Textual Information(3)
4 FAZE THREE LIMITED FAZE THREE AUTOFAB LIMITED Entity in which Directors & Promoters have common control Purchase of goods or services 1,500.00 _ 16.00 0.00 0.00 Textual Information(4)
5 FAZE THREE LIMITED NEXT INTERIORS PRIVATE LIMITED Entity in which a Director and Promoter has common control Sale of goods or services 300.00 _ 54.00 28.00 33.00 Textual Information(5)
6 FAZE THREE LIMITED FAZE THREE US LLC Wholly Owned Foreign Subsidiary Sale of goods or services 3,500.00 _ 1,469.00 19.00 528.00 Textual Information(6)
7 FAZE THREE LIMITED MATS AND MORE PRIVATE LIMITED Wholly Owned Subsidiary Loan 4,000.00 _ 21.00 3,828.00 4,506.00 Loan 8.50 5 Unsecured To meet the working capital requirements and other business purpose. Textual Information(7)
8 FAZE THREE LIMITED MATS AND MORE PRIVATE LIMITED Wholly Owned Subsidiary Loan _ 1,766.00 0.00 0.00 Textual Information(8)
9 FAZE THREE LIMITED MATS AND MORE PRIVATE LIMITED Wholly Owned Subsidiary Loan 4,500.00 _ 2,260.00 0.00 0.00 Loan 8.50 5 Unsecured To meet the working capital requirements and other business purp Textual Information(9)
10 FAZE THREE LIMITED MATS AND MORE PRIVATE LIMITED Wholly Owned Subsidiary Interest received _ 156.00 0.00 0.00 Textual Information(10)
11 FAZE THREE LIMITED MATS AND MORE PRIVATE LIMITED Wholly Owned Subsidiary Sale of goods or services 100.00 - 11.00 0.00 0.00 Textual Information(11)
12 FAZE THREE LIMITED MATS AND MORE PRIVATE LIMITED Wholly Owned Subsidiary Any other transaction Purchase of asset 100.00 _ 5.00 0.00 0.00
13 FAZE THREE LIMITED AJAY ANAND Managing Director and Chairperson Remuneration _ 34.00 0.00 0.00
14 FAZE THREE LIMITED SANJAY ANAND Whole-Time Director Remuneration _ 19.00 0.00 0.00
15 FAZE THREE LIMITED ANKIT MADHWANI Chief Financial Officer Remuneration _ 36.00 0.00 0.00
16 FAZE THREE LIMITED AKRAM SATI Company Secretary Remuneration _ 6.00 0.00 0.00
17 FAZE THREE LIMITED ASHOK ANAND Brother of Director Remuneration 20.00 _ 4.00 0.00 0.00
18 FAZE THREE LIMITED VISHNU ANAND Son of Managing Director Remuneration 100.00 _ 30.00 0.00 0.00
19 FAZE THREE LIMITED ANISHA ANAND Daughter of Whole-Time Director Remuneration 18.00 - 6.00 0.00 0.00
Total value of transaction during the reporting period 7,327.00



Text Block

Textual Information(1) 1. Type of related Party Transaction - Sale of Services 2.The opening and closing balance mentioned is the combined opening and closing balance for all the transactions entered between Faze Three Limited and Faze Three Autofab Limited for the period 01/04/2025 to 30/09/2025
Textual Information(2) Type of related Party Transaction - Sale of Goods
Textual Information(3) Type of related Party Transaction - Purchase of Goods
Textual Information(4) Type of related Party Transaction - Purchase of Services
Textual Information(5) Type of related Party Transaction - Sale of Goods
Textual Information(6) Type of related Party Transaction - Sale of Goods
Textual Information(7) 1. Amount mentioned is Loan Given during the period (Loan 1) 2. Interest rate is decided/ fixed at the start of every quarter in order to maintain uniformity with the applicable provisions of the Companies Act, 2013, other applicable laws for the time being in force and FTL's borrowing cost, if any. 3. The opening and closing balance mentioned is the combined opening and closing balance for all the other transactions except loan entered between Faze Three Limited and Mats & More Private Limited for the period 01/04/2025 to 30/09/2025
Textual Information(8) Amount mentioned is Loan Repaid (Loan 1) during the period
Textual Information(9) 1. Amount mentioned is Loan given during the period (Loan 2) 2. Interest rate is decided/ fixed at the start of every quarter in order to maintain uniformity with the applicable provisions of the Companies Act, 2013, other applicable laws for the time being in force and FTL's borrowing cost, if any.
Textual Information(10) Interest amount mentioned is an aggregate of interest received for Loan 1 and Loan 2
Textual Information(11) Type of related Party Transaction - Sale of Services