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Flair Writing Industries Limited

Flair Writing Industries Limited

FLAIR.NS
Flair Writing Industries LimitedIN flagNational Stock Exchange of India
258.25
INR
-3.20
- -
27.22BMarket Cap
Flair Writing Industries Limited
FLAIR.NS
(National Stock Exchange of India)

Recent

price

258.25

P/E

ratio

- -

div

yld

- -

ROIC.AI

2017
2018
2021
2022
2023
2024
2025
2026
TTM
FRC
- -
53.39
27.58
53.98
88.48
99.31
90.09
96.13
111.87
Revenue per Share
- -
4.74
0.09
5.23
11.12
12.19
10.64
11.19
12.62
Basic EPS, GAAP
- -
-0.73
4.75
-0.4
2.23
-3.47
-7.44
-0.38
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
1.5
- -
Dividend per Share
- -
10.63
23.25
28.49
41.56
57.69
64.77
5
5
Book Value per Share
- -
14.28
24.56
29.85
41.07
91.89
96.43
108.27
108.31
Tangible Book Value per Share
- -
105
105
105
105
98
105
105
105
Basic Weighted Avg Shares
- -
5,627
2,906
5,689
9,326
9,690
9,493
10,130
11,785
Sales/Revenue/Turnover
- -
14.15
1.14
13.22
17.04
16.04
12.61
11.89
13.3
Operating Margin (%)
- -
153
224
244
273
368
447
531
480
Depreciation Expense
- -
500
10
552
1,172
1,190
1,121
1,179
1,330
Net Income, GAAP
- -
27.64
53.72
24.91
25.84
25.39
25.68
25.45
24.71
Effective Tax Rate (%)
- -
8.89
0.34
9.69
12.56
12.28
11.81
11.64
11.28
Profit Margin (%)
-858
787
2,023
2,037
2,264
5,789
6,017
6,464
6,464
Working Capital
40
984
1,160
748
486
509
457
487
487
LT Debt
198
1,537
2,616
3,170
4,352
8,987
10,178
11,425
11,425
Total Equity
- -
24.23
0.42
13.18
23.09
15.15
8.68
7.83
10.28
Return on Invested Capital (%)
- -
24.69
1.86
15.39
24.53
21.04
16.79
27.85
31.39
Return on Capital (%)
- -
75.9
0.55
20.22
31.74
23.77
18
32.08
36.17
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
175
- -
176
LT Borrowings
188
- -
287
LT Finance Leases
226
- -
200
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
105
- -
105
Market Capitalization
31,734
33,214
29,882

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
7,903
- -
7,994
Cash, Cash Equivalents & STI
1,309
- -
1,316
Accounts Receivable, Net
2,798
- -
2,734
Inventories
3,350
- -
3,540
Total Current Liabilities
1,710
- -
1,530
Payables & Accruals
- -
- -
- -
ST Debt
175
- -
176
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
38.1%
12.25%
Free Cash Flow
- -
-194.91%
-94.95%
Net Income, GAAP
- -
1,117.97%
5.18%
Sales/Revenue/Turnover
- -
33.65%
6.71%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,467
2,570
2,249
2,404
9,690
2025
2,471
2,701
2,645
2,566
9,493
2026
2,885
3,209
3,177
2,513
10,130

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.05
3.16
1.96
- -
12.19
2025
2.51
3.12
2.78
2.61
10.64
2026
2.72
4.04
3.11
2.75
11.19

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
1.5
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Business
Flair Writing Industries Limited manufactures and distributes writing instruments, stationery products, and houseware in India and exports to approximately 97 countries. Established in 1976 and headquartered in Mumbai, Maharashtra, the company produces an extensive range of ball pens, fountain pens, gel pens, roller pens, plastic pens, and metal pens; stationery items including mechanical pencils, highlighters, correction pens, markers, gel crayons, student kits, and calculators; art and creative products; and houseware such as steel bottles, lunch boxes, storage containers, casseroles, serving solutions, cleaning solutions, baskets, and paper bins, offered under brands including Flair, Hauser, Pierre Cardin, Flair Creative, Flair Designer Houseware, Hauser Artz, ZOOX, and distributed brands like Reynolds and ZIG. Flair operates manufacturing facilities including a new unit in Valsad, Gujarat, with an annual production capacity of 2 billion pieces, and maintains ISO 9001:2015 and ISO 14001:2015 certifications. Recent developments include a strategic partnership with European stationery brand Maped announced in early 2025 to enhance market presence and innovation; entry into a collaboration with Disney for stationery and art products leveraging brand appeal among younger consumers; launch of over 135 new products in FY2024 and 36 new items in Q2 FY2026 across segments; aggressive capacity expansion with fixed assets up 31% to INR 397 crores in FY2025 and the Valsad facility on track for full operations in Q4 FY2026; and robust financial performance in Q2 FY2026 with revenue up 19% year-over-year to INR 321 crores, net profit surging 30% to INR 43 crores, creative business growing 70%, and steel bottles houseware more than doubling.