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 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 03-11-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 29-10-2026
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 Consolidated
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 03-11-2026   17:00:00
End date and time of board meeting 03-11-2026   17:39:00
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



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 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 26,458.00 49,397.00
Other income 324.00 895.00
Total income 26,782.00 50,292.00
2 Expenses
(a) Cost of materials consumed 15,769.00 29,595.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (2,166.00) (4,103.00)
(d) Employee benefit expense 3,662.00 6,936.00
(e) Finance costs 578.00 1,142.00
(f) Depreciation, depletion and amortisation expense 885.00 1,692.00
(f) Other Expenses
1 Other expenses 5,957.00 11,595.00
Total other expenses 5,957.00 11,595.00
Total expenses 24,685.00 46,857.00
3 Total profit before exceptional items and tax 2,097.00 3,435.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 2,097.00 3,435.00
6 Tax expense
7 Current tax 441.00 765.00
8 Deferred tax 110.00 160.00
9 Total tax expenses 551.00 925.00
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 1,546.00 2,510.00
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 1,546.00 2,510.00
17 Other comprehensive income net of taxes (3.00) (15.00)
18 Total Comprehensive Income for the period 1,543.00 2,495.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 0.00 0.00
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 0.00 0.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 2,460.00 2,460.00
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 6.37 10.34
Diluted earnings (loss) per share from continuing operations 6.33 10.31
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 6.37 10.34
Diluted earnings (loss) per share from continuing and discontinued operations 6.33 10.31
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) 1. Faze Three Limited (“the Holding Company”) and its subsidiaries (“the Group”) are engaged in manufacturing and exports of home textiles products viz. bathmats, rugs, blankets, throws, cushions, etc. 2. The statement of consolidated unaudited financial results of the Group for the quarter and half year ended September 30, 2026 were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on November 03, 2026. The Statutory Auditors of the Company have carried out limited review on the above results in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('the Regulation’), as amended and expressed an unmodified conclusion. The consolidated 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 statement of consolidated unaudited financial results of the Company have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 ‘Interim Financial Reporting’, prescribed under Section 133 of the Companies Act, 2013 (‘the Act’) read with relevant rules issued thereunder and other recognised accounting principles generally accepted in India and in terms of the Regulations. 4. The Group operates in only one reportable segment viz. manufacturing of home textiles as per Ind AS 108 on 'Operating Segments’. 5. The financial results of the Faze Three Employee Trust (“the trust”) have been included in the consolidated financial results of the Holding 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. 6. During the half year ended September 30, 2026, the company granted 3,31,154 stock options under the Faze Three Employee Stock Option Scheme 2024 to eligible employees of the Company. Each stock option is exercisable into one equity share of the Company having a face value of Rs.10 each. 7. During the quarter ended September 30, 2026 the Holding Company has issued 2,78,840 equity shares to Faze Three Employee Trust at face value of ` 10 each. 8. Financial statement includes the results of the Holding Company and the following entities: Sr. No. Name of Entity Nature of Relationship 1 Faze Three US LLC Wholly Owned Subsidiary 2 Mats and More Private Limited Wholly Owned Subsidiary 3 Faze Three Employee Trust Employee Welfare Trust of Faze Three Limited 9. The Consolidated 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. 10. 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 01-04-2026
Date of end of reporting period 30-09-2026
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 38,997.00
Capital work-in-progress 7,792.00
Investment property 0.00
Goodwill 0.00
Other intangible assets 185.00
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 1.00
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets
1 Other non-current financial assets 510.00
2 Income Tax Assets (net) 345.00
Total of other non-current financial assets 855.00
Total non-current financial assets 856.00
Deferred tax assets (net)
Other non-current assets
1 Other non-current assets 2,441.00
Total of other non-current assets 2,441.00
Total non-current assets 50,271.00
2 Current assets
Inventories 22,232.00
Current financial asset
Current investments 1,772.00
Trade receivables, current 11,543.00
Cash and cash equivalents 2,273.00
Bank balance other than cash and cash equivalents 59.00
Loans, current 0.00
Other current financial assets
Total of other current financial assets 22.00
Total current financial assets 15,669.00
Current tax assets (net) 11.00
Other current assets
1 Other current assets 7,049.00
Total of other current assets 7,049.00
Total current assets 44,961.00
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 95,232.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 2,460.00
Other equity 45,540.00
Total equity attributable to owners of parent 48,000.00
Non controlling interest
Total equity 48,000.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 3,473.00
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
1 Lease liabilities 40.00
Total of other non-current financial liabilities 40.00
Total non-current financial liabilities 3,513.00
Provisions, non-current 308.00
Deferred tax liabilities (net) 1,155.00
Deferred government grants, Non-current
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 4,976.00
Current liabilities
Current financial liabilities
Borrowings, current 33,508.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 1,184.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 1,871.00
Total Trade payable 3,055.00
Other current financial liabilities
1 Lease Liabilities 247.00
2 Other current financial liabilities 3,036.00
Total of other current financial liabilities 3,283.00
Total current financial liabilities 39,846.00
Other current liabilities 1,636.00
1 Other current liabilities 1,636.00
Total of other current liabilities 1,636.00
Provisions, current 526.00
Current tax liabilities (Net) 248.00
Deferred government grants, Current
Total current liabilities 42,256.00
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 47,232.00
Total equity and liabilites 95,232.00
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 01-07-2026 01-04-2026
Date of end of reporting period 30-09-2026 30-09-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
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 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
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 (21.00) (38.00)
2 Tax relating to items that will not be reclassified to profit or loss 5.00 9.00
Total Amount of items that will not be reclassified to profit and loss (16.00) (29.00)
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
1 Exchange differences on translation of a foreign operation 13.00 14.00
Total Amount of items that will be reclassified to profit and loss 13.00 14.00
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income (3.00) (15.00)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026
B Date of end of reporting period 30-09-2026
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 3,435.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 1,142.00
Adjustments for decrease (increase) in inventories (3,404.00)
Adjustments for decrease (increase) in trade receivables, current 2,485.00
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (921.00)
Adjustments for decrease (increase) in other non-current assets 4.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current (35.00)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (2,823.00)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 71.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 1,692.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 39.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 408.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (137.00)
Adjustments for dividend income 0.00
Adjustments for interest income 6.00
Adjustments for share-based payments 277.00
Adjustments for fair value losses (gains) (6.00)
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) (1,214.00)
Net cash flows from (used in) operations 2,221.00
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 638.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 1,583.00
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 28.00
Purchase of property, plant and equipment 9,443.00
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 0.00
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 2.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (69.00)
Net cash flows from (used in) investing activities (9,482.00)
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 28.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 28.00
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 10,463.00
Repayments of borrowings 848.00
Payments of lease liabilities 286.00
Dividends paid 0.00
Interest paid 1,130.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 8,199.00
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 300.00
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 15.00
Net increase (decrease) in cash and cash equivalents 315.00
Cash and cash equivalents cash flow statement at beginning of period 1,958.00
Cash and cash equivalents cash flow statement at end of period 2,273.00