FLAIR · Flair Writing Industries Ltd · Office Supplies
FLAIR · Flair Writing Industries Ltd · Office Supplies
As of 05 Nov close
52-week range
27.9% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹319 Cr
Revenue YoY
PAT YoY
-0.3%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
2.2
P/S (TTM)
1.9
Sector P/E
Not available from data source
Dividend yield
+0.4%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| FLAIR (this stock) | 19.6 | 2.2 | +10.9% | +12.2% | 0.06 | +0.4% |
| Kokuyo Camlin | 39.9 | 2.4 | +2.7% | +6.8% | 0.11 | +0.4% |
| Linc | 21.1 | 2.1 | +5.8% | +12.2% | 0.1 | +1.7% |
| Satia Industries | 13.3 | 0.6 | -0.5% | -0.7% | 0.29 | +0.6% |
Promoter
stable
FII
rising 1q
MF
3.30% (-0.20pp)
falling 1q
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedKey takeaway: Flair Writing Industries Limited reported an 11% year-on-year revenue growth and a 7.7% increase in EBITDA for Q1 FY27. Management noted a positive demand for products in the domestic market, particularly in the core Pen segment, which grew by 9%. The Creative Products and Steel Bottles and Houseware segments also saw double-digit growth. Despite challenges from geopolitical situations affecting gross profit margins, management stated that overall business resilience continued. The company placed an order for a fourth manufacturing line for stainless steel bottles, which is anticipated to increase capacity by approximately 35%. Management reiterated a revenue growth guidance of 15% for FY27, emphasizing a focus on maintaining leadership in writing instruments while expanding market share in other segments. The earnings call included discussions on financial performance, segment growth, and strategies to mitigate raw material cost pressures.
The tone reflected both positive growth achievements and challenges from external factors.
Sourced from an exchange-filed transcript, dated 18 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Flair Writing Industries Limited's investor presentation reported financial results for the quarter ended June 30, 2026. The company achieved operating revenue of ₹319.2 crore, reflecting a 10.6% year-on-year growth, with domestic sales increasing by 13%. The presentation highlighted a significant growth in the Steel Bottles & Houseware segment, which saw a 54% increase in revenue. Management noted that a fourth manufacturing line is set to be commissioned by Q4 FY27, aimed at increasing capacity by approximately 35%. The presentation also detailed capital expenditures of ₹43.42 crore, primarily for the Valsad facility. Profit After Tax for the quarter was ₹29.1 crore, a 0.5% increase year-on-year. The document emphasized the company's transition from a pen-centric business to a multi-category model, with a focus on expanding its product portfolio and market reach.
The presentation emphasized growth across various segments and strategic expansions.
Sourced from an exchange-filed presentation, dated 11 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Flair Writing Industries Limited reported a strong performance for Q4 and FY '26 during the earnings conference call held on May 22, 2026. Management stated a top line growth of 15.8% year-on-year, achieving their guidance of 15%. The Creative segment saw a significant rise of 74% year-on-year, while Steel Bottles and Houseware grew by 95%. The company emphasized its transformation into a diversified enterprise, with own brand sales contributing 91% of total revenue. The CFO detailed Q4 revenue of INR322.9 crores, an 8.4% increase year-on-year, with gross profit margins improving to 51.2%. Management announced a final dividend of INR0.50 per share and discussed the impact of rising raw material costs due to geopolitical tensions, projecting a potential margin impact in Q1 FY '27. The call concluded with management expressing confidence in sustaining growth despite challenges.
Management highlighted strong growth and positive financial performance.
Sourced from an exchange-filed transcript, dated 28 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Flair Writing Industries Limited's investor presentation, dated May 21, 2026, detailed the company's financial results for the quarter and year ending March 31, 2026. The presentation reported an operating revenue of ₹322.9 crore for Q4 FY26, reflecting an 8.4% year-on-year growth, and ₹1,250.1 crore for FY26, marking a 15.8% increase. EBITDA for Q4 was ₹57.7 crore, up 23.3% year-on-year, while profit after tax reached ₹36.5 crore, an 18.4% increase. The company highlighted a strategic transition from a pen-centric model to a multi-category approach, with significant growth in segments like steel bottles and creative products. The presentation also noted a focus on own-brand sales and new product launches, alongside a commitment to sustainability and social responsibility initiatives. Management emphasized the importance of their distribution network and ongoing investments in manufacturing capabilities.
Management highlighted growth in revenue and strategic initiatives to diversify the product portfolio.
Sourced from an exchange-filed presentation, dated 21 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Flair Writing Industries Limited reported a strong performance for Q3 FY '26, with a 20.1% year-on-year revenue growth, a 25.7% increase in EBITDA, and a 13.2% rise in profit after tax (PAT). The company achieved an 18.6% revenue growth for the nine months ended December 31, 2025, surpassing its guidance of 15% CAGR. Management highlighted the success of its Creative and Steel Bottle segments, which saw significant growth of 71.8% and 102.2% year-on-year, respectively. The Board approved an interim dividend of INR 0.50 per share. Management emphasized ongoing innovations and strategic partnerships, including a licensing deal with Disney, to drive future growth. The company also noted a focus on increasing in-house manufacturing to enhance efficiency. Overall, management expressed confidence in sustaining growth momentum and maintaining industry leadership.
Management highlighted strong financial performance and growth initiatives.
Sourced from an exchange-filed transcript, dated 05 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedFlair Writing Industries Limited (FLAIR) reported no material weaknesses in internal controls and maintained ISO certifications for quality, environment, and safety. The company received a Prestigious Export Award for consecutive years and operates with adequate liquidity, as evidenced by foreign exchange earnings of ₹19,961 lakhs in FY2025-26. The auditor noted key audit matters including revenue recognition and recoverability of indirect tax and insurance claims, but no audit qualifications were issued. The company has no defaults, no pending insolvency proceedings, and no significant contingent liabilities.
- No material weaknesses in internal controls and ISO certifications maintained.
- Received Prestigious Export Award for seven consecutive years.
- Foreign exchange earnings increased to ₹19,961 lakhs in FY2025-26.
- Key audit matters include revenue recognition and recoverability of indirect tax and insurance claims.
- No defaults, insolvency proceedings, or significant contingent liabilities reported.
Key takeaway: Flair Writing Industries Limited demonstrates strong internal controls, consistent export performance, and no major financial or legal risks, supported by positive audit findings and awards.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Regulatory Action (2 items); Default / Covenant Breach (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Regulatory Action
2 occurrencesRecent (last 12 months)
The company paid a penalty of Rs. 5,000/- to BSE Limited under Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for non-disclosure of Related Party Transactions for the half-year ended.
Earlier (1-3 years ago)
The company faces risks of regulatory penalties due to deficiencies in health and safety management and inefficient waste management practices.
Default / Covenant Breach
1 occurrenceRecent (last 12 months)
The company has undisputed statutory dues in arrears for more than six months as of March 31, 2026, including Goods and Service Tax, Income Tax, and Central Sales Tax, with disputes pending in various forums.
Routine disclosures
Contingent Liability
3 occurrencesRecent (last 12 months)
The company has disputed GST, Excise and Service Tax Matters, Income Tax Matters, and a Letter of Credit as contingent liabilities.
Earlier (1-3 years ago)
The company has contingent liabilities related to disputed GST, Excise and Service Tax Matters, Income Tax Matters, and Letter of Credit as of March 31, 2025.
The company has contingent liabilities related to disputed GST, Excise and Service Tax Matters, Income Tax Matters, and Letter of Credit as of March 31, 2024.
Related-Party Transaction
3 occurrencesRecent (last 12 months)
Flair Writing Industries Limited disclosed related party transactions for the six months ended 30 September 2025 one day after the publication of its standalone and consolidated financial results for that period on the stock exchanges.
Earlier (1-3 years ago)
The company has conducted transactions with related parties, including sales and purchases of goods with entities like Pentel Stationery (India) Pvt. Ltd. and Hauser Lifestyle Products, which are influenced by Key Managerial Personnel.
The company was levied a penalty of ₹10,000 each by BSE Limited and the National Stock Exchange of India Limited for delayed compliance in filing Related Party Transactions under Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Statutory dues in dispute
2 occurrencesEarlier (1-3 years ago)
The company has statutory dues pending under the Central Sales Tax Act for various periods (2012-13 to 2016-17) with amounts ranging from 56,047 to 12,80,178, and disputes are pending before the Joint Commissioner (Appeals) in Dehradun.
The company has statutory dues pending for 2012-13 and 2013-14 under the Central Sales Tax Act, with amounts of ₹56,047, ₹3,11,891, and ₹5,54,652 disputed in appeals before the Joint Commissioner (Appeals) in Dehradun.