Aankondiging • Jun 12
Faze Three Limited Announces Resignation of Manan Shah as Independent Director, Member of the Audit Committee, Nomination & Remuneration Committee, Stakeholders Relationship Committee and Corporate Social Responsibility Committee, Effective June 10, 2026 Faze Three Limited announced that Mr. Manan Shah (DIN: 07589737), Independent Director of the Company, resigned from the Board of the Company with effect from June 10, 2026 due to personal reasons. Consequently, he also ceased to be a member of the Audit Committee, Nomination & Remuneration Committee, Stakeholders Relationship Committee and Corporate Social Responsibility Committee of the Company. Mr. Manan Shah confirmed that there is no other material reason for his resignation other than the one mentioned in his resignation letter. Mr. Manan Shah did not hold directorships in any other listed entities. New Risk • Jun 04
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.7x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). Earnings have declined by 3.5% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (3.6% net profit margin). Reported Earnings • May 24
Full year 2026 earnings released: EPS: ₹13.80 (vs ₹16.72 in FY 2025) Full year 2026 results: EPS: ₹13.80 (down from ₹16.72 in FY 2025). Revenue: ₹9.33b (up 35% from FY 2025). Net income: ₹335.7m (down 17% from FY 2025). Profit margin: 3.6% (down from 5.9% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Aankondiging • May 18
Faze Three Limited to Report Q4, 2026 Results on May 22, 2026 Faze Three Limited announced that they will report Q4, 2026 results on May 22, 2026 Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹440, the stock trades at a trailing P/E ratio of 34.1x. Average trailing P/E is 35x in the Consumer Durables industry in India. Total returns to shareholders of 35% over the past three years. New Risk • Mar 30
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹9.28b (US$98.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (3.0x net interest cover). Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₹9.28b market cap, or US$98.1m). Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹490, the stock trades at a trailing P/E ratio of 38x. Average trailing P/E is 40x in the Consumer Durables industry in India. Total returns to shareholders of 80% over the past three years. Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: ₹2.64 (vs ₹3.65 in 3Q 2025) Third quarter 2026 results: EPS: ₹2.64 (down from ₹3.65 in 3Q 2025). Revenue: ₹2.29b (up 29% from 3Q 2025). Net income: ₹64.0m (down 28% from 3Q 2025). Profit margin: 2.8% (down from 5.0% in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings. Aankondiging • Feb 09
Faze Three Limited to Report Q3, 2026 Results on Feb 12, 2026 Faze Three Limited announced that they will report Q3, 2026 results on Feb 12, 2026 Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improves as stock rises 37% After last week's 37% share price gain to ₹526, the stock trades at a trailing P/E ratio of 37.7x. Average trailing P/E is 37x in the Consumer Durables industry in India. Total returns to shareholders of 88% over the past three years. New Risk • Jan 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). High level of non-cash earnings (21% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change). New Risk • Jan 09
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹9.00b (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). High level of non-cash earnings (21% accrual ratio). Minor Risk Market cap is less than US$100m (₹9.00b market cap, or US$99.9m). Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹349, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 39x in the Consumer Durables industry in India. Total returns to shareholders of 22% over the past three years. Reported Earnings • Nov 15
Second quarter 2026 earnings released: ₹2.14 loss per share (vs ₹2.92 profit in 2Q 2025) Second quarter 2026 results: ₹2.14 loss per share (down from ₹2.92 profit in 2Q 2025). Revenue: ₹2.07b (up 36% from 2Q 2025). Net loss: ₹52.0m (down 173% from profit in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Board Change • Nov 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Director Dev Bhattacharya was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₹547, the stock trades at a trailing P/E ratio of 28.8x. Average trailing P/E is 41x in the Consumer Durables industry in India. Total returns to shareholders of 66% over the past three years. New Risk • Aug 15
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 6.4% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.4% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (9.1% average weekly change). Aankondiging • Aug 13
Faze Three Limited, Annual General Meeting, Sep 05, 2025 Faze Three Limited, Annual General Meeting, Sep 05, 2025, at 17:00 Indian Standard Time. Reported Earnings • Aug 13
First quarter 2026 earnings released: EPS: ₹5.25 (vs ₹2.99 in 1Q 2025) First quarter 2026 results: EPS: ₹5.25 (up from ₹2.99 in 1Q 2025). Revenue: ₹2.16b (up 45% from 1Q 2025). Net income: ₹127.7m (up 76% from 1Q 2025). Profit margin: 5.9% (up from 4.9% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Aankondiging • Aug 09
Faze Three Limited to Report Q1, 2026 Results on Aug 12, 2025 Faze Three Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Valuation Update With 7 Day Price Move • Jul 31
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹611, the stock trades at a trailing P/E ratio of 36.6x. Average trailing P/E is 47x in the Consumer Durables industry in India. Total returns to shareholders of 92% over the past three years. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹708, the stock trades at a trailing P/E ratio of 42.3x. Average trailing P/E is 46x in the Consumer Durables industry in India. Total returns to shareholders of 123% over the past three years. New Risk • Jul 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.5% average weekly change). High level of non-cash earnings (23% accrual ratio). Reported Earnings • May 24
Full year 2025 earnings released: EPS: ₹16.72 (vs ₹19.16 in FY 2024) Full year 2025 results: EPS: ₹16.72 (down from ₹19.16 in FY 2024). Revenue: ₹7.02b (up 24% from FY 2024). Net income: ₹406.6m (down 13% from FY 2024). Profit margin: 5.8% (down from 8.3% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Aankondiging • May 17
Faze Three Limited to Report Q4, 2025 Results on May 23, 2025 Faze Three Limited announced that they will report Q4, 2025 results on May 23, 2025 New Risk • May 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Profit margins are more than 30% lower than last year (5.0% net profit margin). Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹561, the stock trades at a trailing P/E ratio of 42.4x. Average trailing P/E is 44x in the Consumer Durables industry in India. Total returns to shareholders of 77% over the past three years. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹414, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 42x in the Consumer Durables industry in India. Total returns to shareholders of 19% over the past three years. Recent Insider Transactions • Mar 02
Chief Financial Officer recently bought ₹1.5m worth of stock On the 28th of February, Ankit Madhwani bought around 4k shares on-market at roughly ₹328 per share. This transaction increased Ankit's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ankit has been a buyer over the last 12 months, purchasing a net total of ₹2.9m worth in shares. Aankondiging • Feb 21
An undisclosed buyer acquired Non-Core Asset of Faze Three Limited (BSE:530079) for INR 93 million . An undisclosed buyer acquired Non-Core Asset of Faze Three Limited (BSE:530079) for INR 93 million on February 20, 2025.
An undisclosed buyer completed the acquisition of Non-Core Asset of Faze Three Limited (BSE:530079) on February 20, 2025. Recent Insider Transactions • Feb 18
Chief Financial Officer recently bought ₹1.4m worth of stock On the 17th of February, Ankit Madhwani bought around 4k shares on-market at roughly ₹353 per share. This transaction increased Ankit's direct individual holding by 4000x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Ankit's only on-market trade for the last 12 months. New Risk • Feb 17
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.57b (US$98.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (5.0% net profit margin). Market cap is less than US$100m (₹8.57b market cap, or US$98.6m). Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: ₹3.65 (vs ₹5.23 in 3Q 2024) Third quarter 2025 results: EPS: ₹3.65 (down from ₹5.23 in 3Q 2024). Revenue: ₹1.78b (up 29% from 3Q 2024). Net income: ₹88.7m (down 30% from 3Q 2024). Profit margin: 5.0% (down from 9.2% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Aankondiging • Feb 03
Faze Three Limited to Report Q3, 2025 Results on Feb 11, 2025 Faze Three Limited announced that they will report Q3, 2025 results on Feb 11, 2025 Aankondiging • Jan 17
Faze Three Limited Appoints Devajyoti Bhattacharya as Independent Director Faze Three Limited approved the appointment of Mr. Devajyoti Bhattacharya (DIN: 00868751) as an Independent Director of the Company. Reported Earnings • Nov 15
Second quarter 2025 earnings released: EPS: ₹2.92 (vs ₹5.18 in 2Q 2024) Second quarter 2025 results: EPS: ₹2.92 (down from ₹5.18 in 2Q 2024). Revenue: ₹1.54b (up 16% from 2Q 2024). Net income: ₹71.0m (down 44% from 2Q 2024). Profit margin: 4.6% (down from 9.5% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Aankondiging • Nov 09
Faze Three Limited to Report Q2, 2025 Results on Nov 13, 2024 Faze Three Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Aankondiging • Aug 14
Faze Three Limited, Annual General Meeting, Sep 27, 2024 Faze Three Limited, Annual General Meeting, Sep 27, 2024, at 17:00 Indian Standard Time. New Risk • Aug 14
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.1% Last year net profit margin: 10% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Profit margins are more than 30% lower than last year (7.1% net profit margin). Aankondiging • Aug 06
Faze Three Limited to Report Q1, 2025 Results on Aug 13, 2024 Faze Three Limited announced that they will report Q1, 2025 results on Aug 13, 2024 New Risk • Jul 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹528, the stock trades at a trailing P/E ratio of 27.5x. Average trailing P/E is 53x in the Consumer Durables industry in India. Total returns to shareholders of 284% over the past three years. Aankondiging • May 18
Faze Three Limited to Report Q4, 2024 Results on May 23, 2024 Faze Three Limited announced that they will report Q4, 2024 results on May 23, 2024 Reported Earnings • Feb 03
Third quarter 2024 earnings released: EPS: ₹5.23 (vs ₹5.97 in 3Q 2023) Third quarter 2024 results: EPS: ₹5.23 (down from ₹5.97 in 3Q 2023). Revenue: ₹1.40b (up 5.9% from 3Q 2023). Net income: ₹127.1m (down 12% from 3Q 2023). Profit margin: 9.1% (down from 11% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 88% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Jan 26
Faze Three Limited to Report Q3, 2024 Results on Feb 02, 2024 Faze Three Limited announced that they will report Q3, 2024 results on Feb 02, 2024 Aankondiging • Jan 05
Faze Three Limited Appoints Akram Sati as Company Secretary and Compliance Officer Board of Directors of Faze Three Limited at its meeting held on January 05, 2024 has considered and approved the appointment of Mr. Akram Sati (Membership No.: M. No. A50020) as Company Secretary and Compliance Officer with effect from January 05, 2024. Mr. Akram Sati is a Qualified Company Secretary and an Associate member of The Institute of Company Secretaries of India (ICSI), a Law Graduate and a Commerce Graduate from Mumbai University. Mr. Sati has been associated with Faze Three Group for more than 8 years in various roles & capacities. He has a diverse professional background with expertise in the field of Secretarial, Legal, Finance, Insurance, etc. He has worked on various assignment related to compliance and corporate secretarial functions including Board processes and acquisitions under the Companies Act and the SEBI Regulations. Reported Earnings • Nov 08
Second quarter 2024 earnings released: EPS: ₹5.18 (vs ₹5.91 in 2Q 2023) Second quarter 2024 results: EPS: ₹5.18 (down from ₹5.91 in 2Q 2023). Revenue: ₹1.35b (down 1.5% from 2Q 2023). Net income: ₹125.9m (down 12% from 2Q 2023). Profit margin: 9.3% (down from 11% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 103% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Oct 31
Faze Three Limited to Report Q2, 2024 Results on Nov 06, 2023 Faze Three Limited announced that they will report Q2, 2024 results on Nov 06, 2023 New Risk • Oct 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₹480, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 41x in the Consumer Durables industry in India. Total returns to shareholders of 757% over the past three years. Aankondiging • Oct 06
Faze Three Limited Announces Resignation of Samruddhi Varadkar as Company Secretary / Compliance Officer Faze Three Limited informed that, Ms. Samruddhi Varadkar has tendered her resignation from the position of `Company Secretary and Compliance Officer' of the Company with effect from the closing business hours of, October 05, 2023, to pursue new opportunities outside the Company. Aankondiging • Aug 26
Faze Three Limited, Annual General Meeting, Sep 22, 2023 Faze Three Limited, Annual General Meeting, Sep 22, 2023, at 16:30 Indian Standard Time. Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: ₹5.09 (vs ₹6.00 in 1Q 2023) First quarter 2024 results: EPS: ₹5.09 (down from ₹6.00 in 1Q 2023). Revenue: ₹1.34b (down 8.7% from 1Q 2023). Net income: ₹123.7m (down 15% from 1Q 2023). Profit margin: 9.2% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 108% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Aug 05
Faze Three Limited to Report Q1, 2024 Results on Aug 11, 2023 Faze Three Limited announced that they will report Q1, 2024 results on Aug 11, 2023 Reported Earnings • May 24
Full year 2023 earnings released: EPS: ₹23.97 (vs ₹21.00 in FY 2022) Full year 2023 results: EPS: ₹23.97 (up from ₹21.00 in FY 2022). Revenue: ₹5.64b (up 12% from FY 2022). Net income: ₹583.0m (up 14% from FY 2022). Profit margin: 10% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has increased by 136% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • May 17
Faze Three Limited to Report Q4, 2023 Results on May 23, 2023 Faze Three Limited announced that they will report Q4, 2023 results on May 23, 2023 Reported Earnings • Feb 05
Third quarter 2023 earnings released: EPS: ₹5.97 (vs ₹5.20 in 3Q 2022) Third quarter 2023 results: EPS: ₹5.97 (up from ₹5.20 in 3Q 2022). Revenue: ₹1.32b (flat on 3Q 2022). Net income: ₹145.1m (up 15% from 3Q 2022). Profit margin: 11% (up from 9.6% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 81% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Feb 03
Faze Three Limited Announces Management Changes Faze Three Limited announced Appointment of Ms. Samruddhi Varadkar (ICSI M. No. A57168) as the Company Secretary and Compliance Officer of the Company with effect from February 03, 2023 in place of Mr. Nikhil Daga (ICSI M. No. A37065) who has tendered his resignation from the said position due to personal reasons. Mr. Daga has been relieved from his duties with effect from the closure of business hours of February 02, 2023. Ms. Samruddhi Varadkar is an Associate member of the Institute of Company Secretaries of India ("ICSI") and Commerce Graduate from Mumbai University. She has varied experience and expertise of more than 5 years post qualification in the field of Secretarial, Legal, and various compliance related matters. Ms. Varadkar is associated with Corporate Secretarial Team of Faze Three Group since 2021 and was serving as a Company Secretary of Group Company as well. Prior to joining Faze Three Group, she has worked with Ashok Piramal Group, Kaya Limited, Amita Desai & Company etc. Aankondiging • Jan 26
Faze Three Limited to Report Q3, 2023 Results on Feb 02, 2023 Faze Three Limited announced that they will report Q3, 2023 results at 3:30 PM, Indian Standard Time on Feb 02, 2023 Recent Insider Transactions • Dec 28
Executive Chairman & MD recently bought ₹1.5m worth of stock On the 22nd of December, Ajay Anand bought around 6k shares on-market at roughly ₹265 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₹2.4m. Ajay has been a buyer over the last 12 months, purchasing a net total of ₹3.9m worth in shares. Price Target Changed • Nov 16
Price target decreased to ₹350 Down from ₹385, the current price target is provided by 1 analyst. New target price is 17% above last closing price of ₹299. Stock is down 0.7% over the past year. The company posted earnings per share of ₹21.00 last year. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Non-Executive & Independent Director Manan Shah was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 09
Second quarter 2023 earnings released: EPS: ₹5.91 (vs ₹5.59 in 2Q 2022) Second quarter 2023 results: EPS: ₹5.91 (up from ₹5.59 in 2Q 2022). Revenue: ₹1.38b (up 18% from 2Q 2022). Net income: ₹143.7m (up 5.7% from 2Q 2022). Profit margin: 10% (down from 12% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has increased by 110% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Nov 02
Faze Three Limited to Report Q2, 2023 Results on Nov 08, 2022 Faze Three Limited announced that they will report Q2, 2023 results on Nov 08, 2022 Board Change • Oct 12
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Non-Executive & Independent Director Manan Shah was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Aankondiging • Oct 06
Faze Three Limited Announces Resignation of Kartik Jethwa as Non Executive Independent Director Faze Three Limited announced that at the board meeting held on October 5, 2022 approved the resignation of Mr. Kartik Jethwa as Non Executive Independent Director of the Company with effect from October 05, 2022, due to personal reasons. Recent Insider Transactions • Oct 02
Executive Chairman & MD recently bought ₹2.4m worth of stock On the 30th of September, Ajay Anand bought around 8k shares on-market at roughly ₹326 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Ajay's only on-market trade for the last 12 months. Aankondiging • Aug 31
Faze Three Limited, Annual General Meeting, Sep 30, 2022 Faze Three Limited, Annual General Meeting, Sep 30, 2022, at 10:30 Indian Standard Time. Agenda: To consider the appointment of M/s. Sanjay Dholakia and Associates, Practicing Company Secretary as Scrutinizer for remote evoting and voting through electronic means at the 37th AGM of the Company; to consider the closure of the register of members and share transfer books of the Company (Book Closure) from September 24, 2022 to September 30, 2022 (both days inclusive) for the purpose of 37th AGM of the Company; and to consider the appointment of Mr. Nikhil Daga as Company Secretary and Compliance Officer with effective from September 15, 2022, consequent to Resignation of Mr. Akram Sati from the said position. Aankondiging • Aug 30
Faze Three Limited Announces Executive Changes Faze Three Limited at the board meeting, the board consider and approved the appointment of Mr. Nikhil Daga (Membership No.: A37065) as Company Secretary and Compliance Officer effective from September 15, 2022, consequent to Resignation of Mr. Akram Sati (Membership No.: A50020) from the said position. Mr. Nikhil Daga is an Associate member of the Institute of Company Secretaries of India ("ICSI") and has completed his Masters in the field of Finance from International Management Institute Delhi. He is also a Law graduate from Rajasthan University. He has varied experience and expertise of more than 7 years post qualification in the field of Secretarial, Legal, and various compliance related matters. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improved over the past week After last week's 22% share price gain to ₹386, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 37x in the Consumer Durables industry in India. Total returns to shareholders of 1,126% over the past three years. Reported Earnings • Aug 05
First quarter 2023 earnings released: EPS: ₹6.00 (vs ₹3.75 in 1Q 2022) First quarter 2023 results: EPS: ₹6.00 (up from ₹3.75 in 1Q 2022). Revenue: ₹1.48b (up 49% from 1Q 2022). Net income: ₹145.9m (up 60% from 1Q 2022). Profit margin: 9.8% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has increased by 116% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Jul 28
Faze Three Limited to Report Q1, 2023 Results on Aug 04, 2022 Faze Three Limited announced that they will report Q1, 2023 results on Aug 04, 2022 Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment improved over the past week After last week's 15% share price gain to ₹328, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 36x in the Consumer Durables industry in India. Total returns to shareholders of 735% over the past three years. Aankondiging • May 27
Faze Three Limited Board Recommends Interim Dividend for Fiscal 2023 Faze Three Limited, at its board meeting held on May 27, 2022, has approved the payment of Interim Dividend of INR 0.50 (Fifty Paise)per equity share (i.e. 5%) of the face value of INR 10/- each, for the Financial Year 2022-23. Reported Earnings • May 22
Full year 2022 earnings released: EPS: ₹21.00 (vs ₹10.25 in FY 2021) Full year 2022 results: EPS: ₹21.00 (up from ₹10.25 in FY 2021). Revenue: ₹5.11b (up 57% from FY 2021). Net income: ₹510.8m (up 105% from FY 2021). Profit margin: 10.0% (up from 7.7% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has increased by 105% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • May 15
Faze Three Limited to Report Q4, 2022 Results on May 21, 2022 Faze Three Limited announced that they will report Q4, 2022 results on May 21, 2022 Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹5.20 (up from ₹3.31 in 3Q 2021). Revenue: ₹1.33b (up 41% from 3Q 2021). Net income: ₹126.5m (up 57% from 3Q 2021). Profit margin: 9.5% (up from 8.5% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 98% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Feb 05
Faze Three Limited to Report Q3, 2022 Results on Feb 11, 2022 Faze Three Limited announced that they will report Q3, 2022 results on Feb 11, 2022 Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹338, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 40x in the Consumer Durables industry in India. Total returns to shareholders of 710% over the past three years. Reported Earnings • Nov 03
Second quarter 2022 earnings released: EPS ₹5.59 (vs ₹2.52 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹1.19b (up 48% from 2Q 2021). Net income: ₹135.9m (up 122% from 2Q 2021). Profit margin: 11% (up from 7.6% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 80% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improved over the past week After last week's 16% share price gain to ₹320, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 41x in the Consumer Durables industry in India. Total returns to shareholders of 594% over the past three years. Recent Insider Transactions • Sep 06
Executive Chairman & MD recently bought ₹31m worth of stock On the 3rd of September, Ajay Anand bought around 150k shares on-market at roughly ₹205 per share. This was the largest purchase by an insider in the last 3 months. Ajay has been a buyer over the last 12 months, purchasing a net total of ₹34m worth in shares. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment improved over the past week After last week's 26% share price gain to ₹227, the stock trades at a trailing P/E ratio of 17.3x. Average trailing P/E is 37x in the Consumer Durables industry in India. Total returns to shareholders of 324% over the past three years. Reported Earnings • Aug 18
First quarter 2022 earnings released: EPS ₹3.75 (vs ₹0.88 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹1.03b (up 152% from 1Q 2021). Net income: ₹91.2m (up 324% from 1Q 2021). Profit margin: 8.9% (up from 5.3% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Aug 13
Faze Three Limited Provides Earnings Guidance for the Full Year 2022 Faze Three Limited provided earnings guidance for the full year 2022. For the period, the company is estimated /projected to grow at least 20% ~15% to 18% over Full Year 2021. Valuation Update With 7 Day Price Move • Aug 09
Investor sentiment improved over the past week After last week's 17% share price gain to ₹164, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 37x in the Consumer Durables industry in India. Total returns to shareholders of 188% over the past three years. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improved over the past week After last week's 15% share price gain to ₹141, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 41x in the Consumer Durables industry in India. Total returns to shareholders of 122% over the past three years. Reported Earnings • Jul 04
Full year 2021 earnings released: EPS ₹10.25 (vs ₹7.46 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹3.25b (up 7.3% from FY 2020). Net income: ₹249.3m (up 37% from FY 2020). Profit margin: 7.7% (up from 6.0% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Jul 01
Faze Three Limited Provides Earnings Guidance for the Fiscal Year of 2022 Faze Three Limited provided earnings guidance for the fiscal year of 2022. For the year, the company expected Total Income for fiscal year 2022 is estimated /projected to grow ~15% to 18% over fiscal year 2021. The Average run rate of Total Income over last third quarters is INR 950 million per quarter. Net Profit after Tax (NPAT) for fiscal year 2022 is estimated /projected to exceed fiscal year 2021 by around 20% at approx. 8% - 9% of Total Income versus 7.66% in fiscal year 2021 subject to clarity on the Export incentives during the year. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improved over the past week After last week's 19% share price gain to ₹117, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 43x in the Consumer Durables industry in India. Total returns to shareholders of 79% over the past three years. Valuation Update With 7 Day Price Move • May 06
Investor sentiment improved over the past week After last week's 17% share price gain to ₹90.95, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 43x in the Consumer Durables industry in India. Total returns to shareholders of 27% over the past three years. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improved over the past week After last week's 17% share price gain to ₹79.20, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 40x in the Consumer Durables industry in India. Total returns to shareholders of 18% over the past three years. Aankondiging • Mar 12
Faze Three Limited Announces Executive Changes Faze Three Limited appointed Mr. Akram Sati, Company Secretary as Compliance Officer of the Company with effect from March 08, 2021 since Mr. Ankit Parekh would be moving on from the company to pursue a career as a practicing company secretary after the current stint of 5 years. Executive Departure • Mar 12
Company Secretary & Compliance Officer has left the company On the 8th of March, Ankit Parekh's tenure as Company Secretary & Compliance Officer ended after 4.6 years in the role. As of December 2020, Ankit personally held only 265.00 shares (₹17k worth at the time). Ankit is the only executive to leave the company over the last 12 months. Recent Insider Transactions • Mar 04
Chairman & MD recently bought ₹2.3m worth of stock On the 3rd of March, Ajay Anand bought around 37k shares on-market at roughly ₹64.25 per share. This was the largest purchase by an insider in the last 3 months. Ajay has been a buyer over the last 12 months, purchasing a net total of ₹5.1m worth in shares. Reported Earnings • Feb 06
Third quarter 2021 earnings released: EPS ₹3.31 (vs ₹2.51 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹947.8m (up 13% from 3Q 2020). Net income: ₹80.4m (up 32% from 3Q 2020). Profit margin: 8.5% (up from 7.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 04
New 90-day high: ₹69.90 The company is up 29% from its price of ₹54.25 on 06 November 2020. The Indian market is up 23% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Durables industry, which is up 34% over the same period. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improved over the past week After last week's 28% share price gain to ₹69.90, the stock is trading at a trailing P/E ratio of 9.6x, up from the previous P/E ratio of 7.5x. This compares to an average P/E of 34x in the Consumer Durables industry in India. Total return to shareholders over the past three years is a loss of 14%.