Please find the attached Company's presentation on the Audited (Standalone and Consolidated) Financial Results of the Company for the quarter and financial year ended March 31, 2026.
FAZE3Q · price
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Faze Three reported FY26 revenue of INR 933 Cr, up 33% YoY, with Q4FY26 being the highest-ever quarterly revenue (INR 280.4 Cr) and EBITDA (INR 37.16 Cr at 13.25% margin). Despite strong revenue growth, FY26 EBITDA was flat at INR 92.27 Cr (9.89% margin vs 13.14% in FY25) due to tariff disruptions from April 2025 to February 2026 and rising input costs. PAT declined 17% to INR 33.6 Cr due to higher depreciation and finance costs. The company has INR 1,650+ Cr installed capacity at only ~55% utilization, providing significant operating leverage ahead. Major capex cycle will conclude in FY27, freeing 40-50% of CFO for debt reduction or shareholder returns. Input costs (cotton, polyester, chemicals, fuel, logistics) are 25-35% higher due to US-Iran war tensions, partially offset by USDINR. Management expects margin recovery to continue as revenue scales and geopolitical situation normalizes.
Revenue growth is strong but profitability compressed. The margin recovery in Q4FY26 and management's operating leverage guidance suggest potential upside as capacity utilization improves. Rising debt levels (Net Debt/EBITDA at 2.33x) and input cost pressures are near-term headwinds. The conclusion of capex cycle in FY27 could be a catalyst for improved shareholder returns.