Flair Writing Industries Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Efficient capital deployment (ROCE 16.8%)
- ✓Attractively valued vs sector (P/E 19.6x vs industry 40x)
- ✓Virtually debt-free
- ✓Near 52-week low — potential value zone (₹256)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HINDUNILVR Hindustan Unilever Limited | ₹2,157 | ₹5.0L Cr | 33.1 | 10.42 | 31 | 28.4 | 0.04 |
| ITC ITC Limited | ₹281 | ₹3.5L Cr | 16.8 | 4.85 | 29.3 | 38.9 | 0.01 |
| NESTLEIND Nestle India Limited | ₹1,500 | ₹2.8L Cr | 80.9 | 56.18 | 74.2 | 85.3 | 0.09 |
| VBL Varun Beverages Limited | ₹462 | ₹1.6L Cr | 49.2 | 7.97 | 16.2 | 19.7 | 0.13 |
| BRITANNIA Britannia Industries Limited | ₹5,492 | ₹1.3L Cr | 51.5 | 25.91 | 53.6 | 56 | 0.59 |
| GODREJCP Godrej Consumer Products Limited | ₹1,071 | ₹1.1L Cr | 55.3 | 8.64 | 16.1 | 18.8 | 0.34 |
| MARICO Marico Limited | ₹862 | ₹1.1L Cr | 62.5 | 26.6 | 42.8 | 47 | 0.14 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
FLAIR · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 78.59% | 78.59% | 78.59% | 78.59% | 78.59% | 78.59% |
| FII | 0.25% | 0.14% | 0.02% | 0.09% | 0.06% | 0.05% |
| DII | 10.85% | 11.34% | 11.37% | 10.51% | 9.55% | 10.23% |
| Public | 10.30% | 9.92% | 10.02% | 10.82% | 11.80% | 11.14% |
Corporate Events
To consider and approve the financial results for the period ended March 31, 2026 and final dividend for FY 2025-26.
Interim Dividend - Re 0.50 Per Share
Dividend - Re 1 Per Share
Annual General Meeting
Latest News
All news →Flair Writing Industries issues general updates
*Flair Writing Industries issues general updates* per a recent NSE filing. The announcement contains no specific financial or operational details. Traders should await further clarity on material developments. No immediate impact expected. 📊 *STOCKS:* FLAIR | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #corporate
Flair Writing eyes scale in pencil category
*Flair Writing eyes scale in pencil category.* The company outlined its growth strategy to transition from a niche to a significant player in the pencil market. The press release highlights expansion ambitions but lacks specific financial figures or near-term triggers. Investors await concrete order wins or capacity updates. 📊 *STOCKS:* FLAIR | 🏢 *SECTOR:* Corporate | #LOWIMPACT #Pencil
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹318 Cr ▼0.9% | ₹321 Cr ▲11.1% | ₹289 Cr ▼3.0% | ₹298 Cr ▲12.5% | ₹265 Cr ▼1.9% | ₹270 Cr ▲9.3% | ₹247 Cr ▼1.2% | ₹250 Cr |
| Op. Profit | ₹57 Cr ▼5.0% | ₹60 Cr ▲20.0% | ₹50 Cr ▲6.4% | ₹47 Cr ▲4.4% | ₹45 Cr ▼11.8% | ₹51 Cr ▲21.4% | ₹42 Cr ▼17.6% | ₹51 Cr |
| OPM | 18.0% ▼5.3% | 19.0% ▲11.8% | 17.0% ▲6.3% | 16.0% ▼5.9% | 17.0% ▼10.5% | 19.0% ▲11.8% | 17.0% ▼15.0% | 20.0% |
| Net Profit | ₹33 Cr ▼23.3% | ₹43 Cr ▲48.3% | ₹29 Cr ▼6.5% | ₹31 Cr ▲6.9% | ₹29 Cr ▼12.1% | ₹33 Cr ▲26.9% | ₹26 Cr ▼23.5% | ₹34 Cr |
| EPS (₹) | 3.11 ▼23.0% | 4.04 ▲48.5% | 2.72 ▼7.2% | 2.93 ▲5.4% | 2.78 ▼10.9% | 3.12 ▲24.3% | 2.51 ▼23.0% | 3.26 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.3K Cr ▲15.7% | ₹1.1K Cr ▲10.3% | ₹979 Cr ▲3.9% | ₹942 Cr ▲63.3% | ₹577 Cr ▲93.6% | ₹298 Cr ▼48.0% | ₹573 Cr ▲36.8% | ₹419 Cr |
| Expenses | ₹1.0K Cr ▲14.6% | ₹895 Cr ▲13.7% | ₹787 Cr ▲3.8% | ₹758 Cr ▲57.9% | ₹480 Cr ▲74.5% | ₹275 Cr ▼42.5% | ₹478 Cr ▲43.5% | ₹333 Cr |
| Op. Profit | ₹225 Cr ▲21.6% | ₹185 Cr ▼3.6% | ₹192 Cr ▲4.3% | ₹184 Cr ▲87.8% | ₹98 Cr ▲326.1% | ₹23 Cr ▼75.8% | ₹95 Cr ▲10.5% | ₹86 Cr |
| OPM | 18.0% ▲5.9% | 17.0% ▼15.0% | 20.0% ▲0.0% | 20.0% ▲17.6% | 17.0% ▲112.5% | 8.0% ▼52.9% | 17.0% ▼15.0% | 20.0% |
| Other Income | ₹21 Cr ▼12.5% | ₹24 Cr ▲60.0% | ₹15 Cr ▲25.0% | ₹12 Cr ▲20.0% | ₹10 Cr ▼23.1% | ₹13 Cr ▲116.7% | ₹6 Cr ▲50.0% | ₹4 Cr |
| Interest | ₹5 Cr ▲0.0% | ₹5 Cr ▼54.5% | ₹11 Cr ▲22.2% | ₹9 Cr ▲0.0% | ₹9 Cr ▼25.0% | ₹12 Cr ▼29.4% | ₹17 Cr ▲88.9% | ₹9 Cr |
| Depreciation | ₹53 Cr ▲17.8% | ₹45 Cr ▲21.6% | ₹37 Cr ▲37.0% | ₹27 Cr ▲12.5% | ₹24 Cr ▲9.1% | ₹22 Cr ▲46.7% | ₹15 Cr ▲25.0% | ₹12 Cr |
| PBT | ₹187 Cr ▲17.6% | ₹159 Cr ▲0.0% | ₹159 Cr ▲0.0% | ₹159 Cr ▲114.9% | ₹74 Cr ▲3600.0% | ₹2 Cr ▼97.1% | ₹69 Cr ▲0.0% | ₹69 Cr |
| Tax % | 24.0% ▼4.0% | 25.0% ▲0.0% | 25.0% ▼3.8% | 26.0% ▲8.3% | 24.0% ▼56.4% | 55.0% ▲89.7% | 29.0% ▲7.4% | 27.0% |
| Net Profit | ₹141 Cr ▲18.5% | ₹119 Cr ▲0.8% | ₹118 Cr ▲0.0% | ₹118 Cr ▲110.7% | ₹56 Cr ▲5500.0% | ₹1 Cr ▼98.0% | ₹49 Cr ▼2.0% | ₹50 Cr |
| EPS (₹) | 13.26 ▲16.8% | 11.35 ▲0.5% | 11.29 ▼10.8% | 12.66 ▼47.4% | 24.08 ▲5633.3% | 0.42 ▼100.0% | 2,255.49 ▼10.2% | 2,512 |
| Div Payout | 4.0% ▼55.6% | 9.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Liabilities | |||||||||
| Equity Capital | ₹53 Cr ▲0.0% | ₹53 Cr ▲0.0% | ₹53 Cr ▲0.0% | ₹53 Cr ▲12.8% | ₹47 Cr ▲104.3% | ₹23 Cr ▲0.0% | ₹23 Cr ▲666.7% | ₹3 Cr ▲0.0% | ₹3 Cr |
| Reserves | ₹1.1K Cr ▲6.1% | ₹1.0K Cr ▲6.2% | ₹966 Cr ▲14.2% | ₹846 Cr ▲118.0% | ₹388 Cr ▲31.5% | ₹295 Cr ▲23.9% | ₹238 Cr ▼8.1% | ₹259 Cr ▲51.5% | ₹171 Cr |
| Borrowings | ₹66 Cr ▲11.9% | ₹59 Cr ▼4.8% | ₹62 Cr ▼10.1% | ₹69 Cr ▼43.9% | ₹123 Cr ▼2.4% | ₹126 Cr ▼3.1% | ₹130 Cr ▲46.1% | ₹89 Cr ▼5.3% | ₹94 Cr |
| Other Liabilities | ₹159 Cr ▼8.1% | ₹173 Cr ▲25.4% | ₹138 Cr ▼1.4% | ₹140 Cr ▲11.1% | ₹126 Cr ▲11.5% | ₹113 Cr ▲27.0% | ₹89 Cr ▲0.0% | ₹89 Cr ▲3.5% | ₹86 Cr |
| Total Liabilities | ₹1.4K Cr ▲4.4% | ₹1.3K Cr ▲7.6% | ₹1.2K Cr ▲9.9% | ₹1.1K Cr ▲62.0% | ₹684 Cr ▲22.6% | ₹558 Cr ▲16.0% | ₹481 Cr ▲9.3% | ₹440 Cr ▲24.3% | ₹354 Cr |
| Assets | |||||||||
| Fixed Assets | ₹482 Cr ▲9.0% | ₹442 Cr ▲3.5% | ₹427 Cr ▲30.6% | ₹327 Cr ▲30.8% | ₹250 Cr ▲27.6% | ₹196 Cr ▲5.4% | ₹186 Cr ▲29.2% | ₹144 Cr ▲21.0% | ₹119 Cr |
| CWIP | ₹60 Cr ▲30.4% | ₹46 Cr ▲100.0% | ₹23 Cr ▲15.0% | ₹20 Cr ▲900.0% | ₹2 Cr ▲0.0% | ₹2 Cr | ₹0 Cr ▼100.0% | ₹8 Cr ▲300.0% | ₹2 Cr |
| Investments | ₹120 Cr ▲42.9% | ₹84 Cr ▲171.0% | ₹31 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr ▼100.0% | ₹16 Cr | ₹0 Cr | ₹0 Cr |
| Other Assets | ₹705 Cr ▼4.5% | ₹738 Cr ▲0.1% | ₹737 Cr ▼3.0% | ₹760 Cr ▲75.5% | ₹433 Cr ▲20.3% | ₹360 Cr ▲29.0% | ₹279 Cr ▼3.1% | ₹288 Cr ▲23.6% | ₹233 Cr |
| Total Assets | ₹1.4K Cr ▲4.4% | ₹1.3K Cr ▲7.6% | ₹1.2K Cr ▲9.9% | ₹1.1K Cr ▲62.0% | ₹684 Cr ▲22.6% | ₹558 Cr ▲16.0% | ₹481 Cr ▲9.3% | ₹440 Cr ▲24.3% | ₹354 Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹137 Cr ▲153.7% | ₹54 Cr ▼30.8% | ₹78 Cr ▼18.8% | ₹96 Cr ▲182.4% | ₹34 Cr ▼49.3% | ₹67 Cr ▲91.4% | ₹35 Cr ▼45.3% | ₹64 Cr |
| Investing CF | ₹-161 Cr ▼570.8% | ₹-24 Cr ▲91.6% | ₹-285 Cr ▼285.1% | ₹-74 Cr ▼289.5% | ₹-19 Cr ▼18.8% | ₹-16 Cr ▲63.6% | ₹-44 Cr ▼63.0% | ₹-27 Cr |
| Financing CF | ₹-22 Cr ▲12.0% | ₹-25 Cr ▼109.7% | ₹259 Cr ▲1277.3% | ₹-22 Cr ▼37.5% | ₹-16 Cr ▲70.9% | ₹-55 Cr ▼1475.0% | ₹4 Cr ▲112.9% | ₹-31 Cr |
| Net Cash Flow | ₹-45 Cr ▼1000.0% | ₹5 Cr ▼90.2% | ₹51 Cr | ₹0 Cr | ₹0 Cr ▲100.0% | ₹-3 Cr ▲40.0% | ₹-5 Cr ▼200.0% | ₹5 Cr |
| Free Cash Flow | ₹-1 Cr ▲98.7% | ₹-79 Cr ▼146.9% | ₹-32 Cr ▼245.5% | ₹22 Cr ▲1200.0% | ₹-2 Cr ▼103.2% | ₹62 Cr ▲720.0% | ₹-10 Cr ▼127.8% | ₹36 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 80d ▼9.1% | 88d ▲10.0% | 80d ▲21.2% | 66d ▼29.0% | 93d ▼34.5% | 142d ▲86.8% | 76d ▲1.3% | 75d |
| Inventory Days | 211d ▲7.1% | 197d ▲15.9% | 170d ▲11.1% | 153d ▼29.8% | 218d ▼24.3% | 288d ▲179.6% | 103d ▼22.0% | 132d |
| Days Payable | 40d ▲8.1% | 37d ▼24.5% | 49d ▲6.5% | 46d ▼23.3% | 60d ▼33.3% | 90d ▲30.4% | 69d ▼22.5% | 89d |
| Cash Conv. Cycle | 251d ▲1.6% | 247d ▲22.9% | 201d ▲15.5% | 174d ▼31.0% | 252d ▼25.9% | 340d ▲209.1% | 110d ▼6.8% | 118d |
| Working Capital Days | 185d ▲20.1% | 154d ▲21.3% | 127d ▲44.3% | 88d ▼31.8% | 129d ▼42.4% | 224d ▲107.4% | 108d ▲28.6% | 84d |
| ROCE | 17.0% ▲6.3% | 16.0% ▼27.3% | 22.0% ▼33.3% | 33.0% ▲65.0% | 20.0% | — | 28.0% | — |
Source: Screener.in · Lower days = better efficiency
About Flair Writing Industries Limited
Incorporated in 1976, Flair Writing Industries (Flair) is engaged in developing and manufacturing writing instruments and is among the Top 3 players in the overall writing instruments industry [1]
Fast Moving Consumer Goods · Household Products