Faze Three Autofab
Faze Three Autofab
Consumer DiscretionaryTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
1- Company has reduced debt.
Weaknesses
5- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 6.34% over past five years.
- Company might be capitalizing the interest cost
- Working capital days have increased from 38.9 days to 62.1 days
Growth Rate
Quarterly Results
| Particulars | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 39.24 | 42.81 | 40.48 | 32.43 | 38.58 | 41.7 | 83.32 | 50.09 | 39.34 | 38.93 | 40.11 | 42.86 | 54.01 |
| Expenses | 32.94 | 36.03 | 33.75 | 27.11 | 31.76 | 34.22 | 78.77 | 44.9 | 35.27 | 35.46 | 37.9 | 39.86 | 51.44 |
| Operating Profit | 6.3 | 6.78 | 6.73 | 5.32 | 6.82 | 7.48 | 4.55 | 5.19 | 4.07 | 3.47 | 2.21 | 3 | 2.57 |
| OPM % | 16.06% | 15.84% | 16.63% | 16.4% | 17.68% | 17.94% | 5.46% | 10.36% | 10.35% | 8.91% | 5.51% | 7% | 4.76% |
| Other Income | 0.01 | 0.2 | 0.02 | 0.21 | 0.06 | 0 | 0.25 | 0.11 | 0.2 | 0.19 | 0.18 | 0.35 | 0.6 |
| Interest | 1.06 | 1.18 | 0.88 | 0.96 | 1.04 | 1.13 | 1.05 | 0.88 | 0.71 | 0.91 | 0.89 | 0.79 | 0.94 |
| Depreciation | 1.29 | 1.3 | 1.31 | 1.02 | 1.6 | 1.4 | 1.4 | 1.28 | 1.3 | 1.31 | 1.37 | 1.7 | 1.71 |
| PBT | 3.96 | 4.5 | 4.56 | 3.55 | 4.24 | 4.95 | 2.35 | 3.14 | 2.26 | 1.44 | 0.13 | 0.86 | 0.52 |
| Tax % | 0% | 33.33% | 32.89% | 12.39% | 14.39% | 22.42% | -0.85% | 27.71% | 53.98% | 56.94% | -261.54% | 33.72% | 34.62% |
| Net Profit | 3.96 | 3 | 3.06 | 3.11 | 3.63 | 3.84 | 2.37 | 2.27 | 1.04 | 0.62 | 0.47 | 0.57 | 0.34 |
| EPS in Rs | 3.69 | 2.8 | 2.85 | 2.9 | 3.39 | 3.58 | 2.21 | 2.12 | 0.97 | 0.58 | 0.44 | 0.53 | 0.32 |
Profit & Loss
| Particulars | Jun 2012 | Jun 2013 | Jun 2014 | Mar 2015 9m | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 83 | 113 | 135 | 78 | 123 | 120 | 124 | 139 | 161 | 133 | 192 | 168 | 176 |
| Expenses | 67 | 98 | 124 | 77 | 116 | 109 | 133 | 143 | 144 | 110 | 168 | 153 | 165 |
| Operating Profit | 15 | 15 | 11 | 1 | 6 | 11 | -10 | -4 | 17 | 23 | 24 | 15 | 11 |
| OPM % | 19% | 13% | 8% | 1.2% | 5% | 9% | -8% | -3.2% | 10% | 17% | 13% | 9% | 6% |
| Other Income | 0 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| Interest | 7 | 7 | 9 | 6 | 1 | 5 | 4 | 5 | 5 | 4 | 4 | 3 | 4 |
| Depreciation | 4 | 4 | 4 | 3 | 5 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 6 |
| PBT | 5 | 5 | -1 | -7 | 2 | 2 | -18 | -14 | 8 | 14 | 15 | 7 | 3 |
| Tax % | 26% | 23% | 18% | -34% | -10% | -48% | 0% | -17% | -7% | 21% | 14% | 37% | — |
| Net Profit | 4 | 4 | -1 | -5 | 2 | 3 | -18 | -11 | 9 | 11 | 13 | 4 | 2 |
| EPS in Rs | 3.26 | 3.45 | -1.29 | -4.49 | 1.59 | 2.44 | -17.04 | -10.56 | 8.41 | 10.36 | 12.08 | 4.1 | 1.87 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Jun 2012 | Jun 2013 | Jun 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 24 | 28 | 26 | 21 | 22 | 25 | 6 | -5 | 15 | 26 | 39 | 43 | 44 |
| Borrowings | 57 | 62 | 69 | 68 | 70 | 65 | 71 | 72 | 57 | 62 | 69 | 52 | 48 |
| Other Liabilities | 19 | 32 | 37 | 42 | 29 | 21 | 11 | 27 | 32 | 22 | 15 | 13 | 26 |
| Total Liabilities | 111 | 133 | 143 | 142 | 132 | 121 | 99 | 105 | 114 | 121 | 134 | 119 | 128 |
| Fixed Assets | 56 | 55 | 55 | 53 | 52 | 50 | 46 | 48 | 52 | 49 | 47 | 46 | 44 |
| CWIP | 0 | 3 | 3 | 3 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 55 | 74 | 86 | 86 | 80 | 71 | 51 | 57 | 61 | 71 | 86 | 73 | 83 |
| Total Assets | 111 | 133 | 143 | 142 | 132 | 121 | 99 | 105 | 114 | 121 | 134 | 119 | 128 |
Cash Flow
| Particulars | Jun 2012 | Jun 2013 | Jun 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 12 | 9 | 0 | 10 | -2 | 10 | 0 | 9 | 19 | 3 | 5 | 13 |
| Investing | -5 | -7 | 0 | -1 | -1 | -2 | -1 | -5 | -9 | -2 | -3 | -4 |
| Financing | -6 | -1 | 0 | -7 | 2 | -9 | 0 | -4 | -10 | -1 | 6 | -17 |
| Net Cash Flow | 1 | 1 | 0 | 2 | -2 | 0 | -1 | 0 | 0 | 0 | 8 | -8 |
| Free Cash Flow | 7 | 2 | 0 | 9 | -3 | 8 | -1 | 4 | 10 | 1 | 2 | 9 |
| CFO/OP | 87 | 67 | 0 | 1,141 | -23 | 90 | -3 | -199 | 114 | 6 | 31 | 103 |
Ratios
| Particulars | Jun 2012 | Jun 2013 | Jun 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 115 | 114 | 82 | 125 | 100 | 102 | 96 | 92 | 92 | 132 | 90 | 88 |
| Inventory Days | 242 | 160 | 188 | 313 | 168 | 140 | 67 | 70 | 76 | 120 | 89 | 101 |
| Days Payable | 86 | 75 | 97 | 172 | 94 | 74 | 30 | 59 | 76 | 96 | 36 | 25 |
| Cash Conversion Cycle | 271 | 199 | 173 | 265 | 174 | 168 | 133 | 104 | 92 | 156 | 144 | 164 |
| Working Capital Days | 52 | 54 | 46 | 43 | 81 | 90 | 38 | 15 | 22 | 27 | 28 | 62 |
| ROCE % | 13% | 12% | 7% | -1% | 2% | 7% | -15% | -11% | 16% | 20% | 18% | 9% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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Documents
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Company Information
Incorporated in 1997, Faze Three Autofab Ltd does manufacturing of technical textiles for automotive[1]
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