1. At a Glance
Faze Three is that rare beast in the home textile jungle—quietly exporting rugs and bathmats to top retailers across the US, UK, and EU. But can a company selling cushions at Walmart deliver cushiony returns on Dalal Street?
2. Introduction with Hook
Imagine an Indian company selling your bathroom mat to Bed Bath & Beyond… and then buying back its own stock at 2x book value.
- FY25 Revenue: ₹659 Cr
- FY25 Net Profit: ₹40 Cr
- ROE: 10%
- EPS: ₹16.38
- 5-year stock CAGR: 83%
Not bad for a company that started with seat covers and moved on to home furnishing dominance.
3. Business Model (WTF Do They Even Do?)
Faze Three operates primarily in home textiles and technical textiles:
- Home Textile: Bath mats, rugs, throws, cushion covers, curtains, table linens
- Automotive/Technical: Car seat fabrics, outdoor textiles
- Eco-Innovation: RePOLY (recycled yarns), Germieshield, Protector Yarn
Clients include leading retail chains in US/EU, OEM auto suppliers, and e-com platforms.
Their model?
